Sovereign Lending Group Incorporated Mortgage Rates, Fees & Info

COSTA MESA, CA

LEI: 549300BFJ8COFCPOMU05

Tax ID: 20-2471369

5 stars - out of 5 stars, based on 80 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Sovereign Lending Group Incorporated is a small mortgage company specializing in Refi loans. Sovereign Lending Group Incorporated has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Los Angeles, Riverside, Washington, Anaheim, and Phoenix among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Sovereign Lending Group Incorporated is typically an average fee lendor.


Originations

6,479

Origination Dollar Volume (All Markets)

$2,086,705,000
Show all (147) awards

Relative Rate

Sovereign Lending Group Incorporated's average 30 year fixed rate mortgage of loans were 2.82%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.54%.

Relative Fees

Sovereign Lending Group Incorporated's average total fees for a 30 year fixed rate mortgage are $4,317.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 420 $166,620,000 $396,714 $4,715 2.93%
Outside of Metro Areas 450 $119,960,000 $266,578 $3,955 2.80%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 360 $118,810,000 $330,028 $4,605 2.85%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 274 $106,640,000 $389,197 $4,702 2.74%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 248 $105,180,000 $424,113 $4,518 2.90%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 334 $101,310,000 $303,323 $4,205 2.82%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 177 $69,945,000 $395,169 $4,351 2.79%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 146 $52,680,000 $360,822 $4,778 2.82%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 152 $52,650,000 $346,382 $4,170 2.79%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 147 $48,285,000 $328,469 $4,873 2.86%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 155 $45,675,000 $294,677 $4,082 2.74%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 100 $42,230,000 $422,300 $5,249 2.83%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 111 $38,525,000 $347,072 $4,321 2.73%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 98 $30,000,000 $306,122 $3,469 2.65%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 77 $27,925,000 $362,662 $4,932 2.83%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 89 $25,965,000 $291,742 $4,292 2.78%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 83 $23,365,000 $281,506 $4,238 2.93%
URBAN HONOLULU, HI (FHA|USDA|VA) 49 $22,575,000 $460,714 $5,591 2.73%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 54 $21,030,000 $389,444 $4,655 2.74%
COLORADO SPRINGS, CO (FHA|USDA|VA) 69 $20,985,000 $304,130 $4,206 2.75%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 69 $19,995,000 $289,783 $4,038 2.82%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 43 $19,955,000 $464,070 $5,145 2.96%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 50 $19,430,000 $388,600 $4,223 2.85%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 62 $18,360,000 $296,129 $5,203 2.78%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 62 $17,190,000 $277,258 $4,152 2.80%
RALEIGH-CARY, NC (FHA|USDA|VA) 55 $16,405,000 $298,273 $4,357 2.80%
VALLEJO, CA (FHA|USDA|VA) 42 $16,090,000 $383,095 $3,776 2.84%
STOCKTON, CA (FHA|USDA|VA) 45 $15,045,000 $334,333 $4,201 2.84%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 41 $14,035,000 $342,317 $7,154 2.91%
ALBUQUERQUE, NM (FHA|USDA|VA) 48 $12,890,000 $268,542 $3,739 2.74%
TUCSON, AZ (FHA|USDA|VA) 48 $12,580,000 $262,083 $3,081 2.74%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 46 $12,280,000 $266,957 $3,365 2.72%
RICHMOND, VA (FHA|USDA|VA) 45 $11,995,000 $266,556 $3,565 2.77%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 42 $11,930,000 $284,048 $4,070 2.76%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 40 $11,160,000 $279,000 $3,368 2.78%
FAYETTEVILLE, NC (FHA|USDA|VA) 43 $11,145,000 $259,186 $2,942 2.74%
FRESNO, CA (FHA|USDA|VA) 38 $10,700,000 $281,579 $3,918 2.87%
RENO, NV (FHA|USDA|VA) 32 $9,950,000 $310,938 $4,547 2.75%
SALEM, OR (FHA|USDA|VA) 37 $9,685,000 $261,757 $4,453 2.82%
BOISE CITY, ID (FHA|USDA|VA) 34 $9,530,000 $280,294 $4,827 2.81%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 31 $9,145,000 $295,000 $4,477 2.75%
MODESTO, CA (FHA|USDA|VA) 30 $9,070,000 $302,333 $4,469 2.91%
BAKERSFIELD, CA (FHA|USDA|VA) 31 $8,755,000 $282,419 $4,184 2.74%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 33 $8,665,000 $262,576 $4,397 2.76%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 30 $8,630,000 $287,667 $4,694 2.85%
NEWARK, NJ-PA (FHA|USDA|VA) 25 $8,395,000 $335,800 $4,747 2.70%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 18 $7,420,000 $412,222 $4,131 2.82%
MEDFORD, OR (FHA|USDA|VA) 24 $7,140,000 $297,500 $4,218 3.06%
ASHEVILLE, NC (FHA|USDA|VA) 26 $7,080,000 $272,308 $3,819 2.70%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 22 $7,050,000 $320,455 $3,738 2.79%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 20 $7,000,000 $350,000 $3,512 2.69%
PHILADELPHIA, PA (FHA|USDA|VA) 23 $6,945,000 $301,957 $4,250 2.75%
KNOXVILLE, TN (FHA|USDA|VA) 25 $6,935,000 $277,400 $3,683 2.91%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 15 $6,705,000 $447,000 $7,613 2.91%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 19 $6,455,000 $339,737 $4,948 2.64%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 22 $6,430,000 $292,273 $3,969 2.78%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 17 $6,415,000 $377,353 $5,914 2.76%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 25 $6,395,000 $255,800 $4,194 2.73%
SALINAS, CA (FHA|USDA|VA) 16 $6,130,000 $383,125 $4,570 2.74%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 22 $5,980,000 $271,818 $3,443 2.84%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 24 $5,970,000 $248,750 $3,467 2.82%
JACKSONVILLE, FL (FHA|USDA|VA) 21 $5,875,000 $279,762 $3,109 2.65%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 15 $5,855,000 $390,333 $5,551 2.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 21 $5,785,000 $275,476 $4,187 2.75%
GREELEY, CO (FHA|USDA|VA) 19 $5,695,000 $299,737 $4,090 2.77%
BEND, OR (FHA|USDA|VA) 19 $5,515,000 $290,263 $5,191 2.96%
HUNTSVILLE, AL (FHA|USDA|VA) 17 $5,105,000 $300,294 $2,421 2.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 19 $4,935,000 $259,737 $3,632 2.82%
BELLINGHAM, WA (FHA|USDA|VA) 16 $4,730,000 $295,625 $3,809 2.84%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 10 $4,720,000 $472,000 $5,207 2.93%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 10 $4,550,000 $455,000 $4,165 2.72%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 15 $4,465,000 $297,667 $4,947 2.87%
FORT COLLINS, CO (FHA|USDA|VA) 14 $4,390,000 $313,571 $4,727 2.72%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 15 $4,385,000 $292,333 $2,953 2.70%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 13 $4,355,000 $335,000 $4,347 2.86%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $4,345,000 $334,231 $6,086 2.63%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 15 $4,335,000 $289,000 $5,537 2.87%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 15 $4,325,000 $288,333 $5,314 2.72%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 17 $4,325,000 $254,412 $3,552 2.90%
WILMINGTON, NC (FHA|USDA|VA) 14 $4,250,000 $303,571 $4,013 2.76%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 10 $4,210,000 $421,000 $5,199 2.64%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 16 $4,190,000 $261,875 $4,768 2.70%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 13 $4,175,000 $321,154 $4,694 2.86%
PITTSBURGH, PA (FHA|USDA|VA) 18 $4,160,000 $231,111 $3,995 2.93%
ANCHORAGE, AK (FHA|USDA|VA) 13 $4,125,000 $317,308 $5,278 2.94%
MONTGOMERY, AL (FHA|USDA|VA) 14 $4,110,000 $293,571 $3,673 2.59%
REDDING, CA (FHA|USDA|VA) 16 $4,090,000 $255,625 $3,739 2.68%
COLUMBIA, SC (FHA|USDA|VA) 13 $4,065,000 $312,692 $3,461 2.49%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 10 $4,060,000 $406,000 $3,369 2.89%
MERCED, CA (FHA|USDA|VA) 13 $3,895,000 $299,615 $4,065 2.87%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 15 $3,885,000 $259,000 $3,388 2.72%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 11 $3,855,000 $350,455 $6,615 2.65%
GARY, IN (FHA|USDA|VA) 15 $3,785,000 $252,333 $3,896 2.83%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 13 $3,765,000 $289,615 $4,878 2.72%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 15 $3,745,000 $249,667 $3,045 2.63%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 15 $3,645,000 $243,000 $2,489 2.67%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 10 $3,560,000 $356,000 $5,187 2.79%
OKLAHOMA CITY, OK (FHA|USDA|VA) 12 $3,420,000 $285,000 $3,350 2.78%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $3,415,000 $262,692 $4,505 2.90%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 14 $3,370,000 $240,714 $2,517 2.60%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 8 $3,340,000 $417,500 $4,664 2.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 14 $3,240,000 $231,429 $2,955 2.96%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 12 $3,230,000 $269,167 $2,979 2.82%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $3,180,000 $397,500 $11,083 2.55%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $3,160,000 $263,333 $4,218 2.86%
CAMDEN, NJ (FHA|USDA|VA) 11 $3,155,000 $286,818 $3,742 2.85%
PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $3,125,000 $284,091 $3,688 2.83%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 12 $3,120,000 $260,000 $3,547 2.85%
ALBANY-LEBANON, OR (FHA|USDA|VA) 11 $3,115,000 $283,182 $4,538 3.04%
BOULDER, CO (FHA|USDA|VA) 8 $3,070,000 $383,750 $4,945 2.73%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 11 $3,055,000 $277,727 $5,145 2.78%
WINSTON-SALEM, NC (FHA|USDA|VA) 13 $3,025,000 $232,692 $3,931 2.77%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 8 $3,020,000 $377,500 $4,649 2.75%
BILLINGS, MT (FHA|USDA|VA) 9 $2,975,000 $330,556 $4,557 2.72%
YUBA CITY, CA (FHA|USDA|VA) 11 $2,895,000 $263,182 $2,728 2.72%
PROVO-OREM, UT (FHA|USDA|VA) 10 $2,860,000 $286,000 $4,130 2.84%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 10 $2,860,000 $286,000 $4,444 2.79%
BATON ROUGE, LA (FHA|USDA|VA) 10 $2,820,000 $282,000 $3,816 2.76%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 9 $2,765,000 $307,222 $4,858 2.83%
SALISBURY, MD-DE (FHA|USDA|VA) 10 $2,710,000 $271,000 $4,216 2.84%
EL CENTRO, CA (FHA|USDA|VA) 11 $2,665,000 $242,273 $5,625 2.67%
WINCHESTER, VA-WV (FHA|USDA|VA) 8 $2,650,000 $331,250 $3,556 2.70%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 11 $2,615,000 $237,727 $3,487 2.75%
DOVER, DE (FHA|USDA|VA) 9 $2,605,000 $289,444 $4,698 2.93%
LANCASTER, PA (FHA|USDA|VA) 9 $2,545,000 $282,778 $5,253 2.68%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 8 $2,540,000 $317,500 $4,363 2.77%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 9 $2,525,000 $280,556 $4,538 2.87%
SAN RAFAEL, CA (FHA|USDA|VA) 6 $2,520,000 $420,000 $5,449 3.33%
COEUR D'ALENE, ID (FHA|USDA|VA) 10 $2,510,000 $251,000 $3,839 2.90%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $2,460,000 $307,500 $4,536 2.83%
PUEBLO, CO (FHA|USDA|VA) 8 $2,420,000 $302,500 $3,344 2.78%
FLAGSTAFF, AZ (FHA|USDA|VA) 8 $2,420,000 $302,500 $3,640 3.09%
MOBILE, AL (FHA|USDA|VA) 8 $2,360,000 $295,000 $3,130 2.64%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 8 $2,340,000 $292,500 $4,608 2.66%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $2,320,000 $290,000 $2,927 2.91%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 8 $2,310,000 $288,750 $4,116 2.88%
SANTA FE, NM (FHA|USDA|VA) 9 $2,265,000 $251,667 $4,425 2.99%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 7 $2,205,000 $315,000 $3,827 2.86%
VISALIA, CA (FHA|USDA|VA) 10 $2,200,000 $220,000 $4,975 3.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $2,150,000 $268,750 $2,240 2.61%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 7 $2,145,000 $306,429 $3,264 2.79%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $2,130,000 $266,250 $2,720 2.64%
ANN ARBOR, MI (FHA|USDA|VA) 7 $2,125,000 $303,571 $4,776 2.93%
FORT SMITH, AR-OK (FHA|USDA|VA) 8 $2,110,000 $263,750 $3,243 2.75%
MADERA, CA (FHA|USDA|VA) 8 $2,090,000 $261,250 $3,405 2.83%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 8 $2,060,000 $257,500 $2,820 2.58%
YUMA, AZ (FHA|USDA|VA) 10 $2,060,000 $206,000 $3,787 2.71%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 8 $2,020,000 $252,500 $2,863 2.64%
JACKSONVILLE, NC (FHA|USDA|VA) 9 $1,995,000 $221,667 $3,172 2.75%
GRANTS PASS, OR (FHA|USDA|VA) 6 $1,990,000 $331,667 $3,248 2.73%
DOTHAN, AL (FHA|USDA|VA) 8 $1,970,000 $246,250 $3,194 2.73%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $1,945,000 $277,857 $4,803 2.64%
COLUMBUS, GA-AL (FHA|USDA|VA) 7 $1,915,000 $273,571 $2,726 2.64%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 8 $1,880,000 $235,000 $4,178 2.94%
ELGIN, IL (FHA|USDA|VA) 7 $1,855,000 $265,000 $4,308 2.84%
SAVANNAH, GA (FHA|USDA|VA) 7 $1,845,000 $263,571 $4,345 3.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $1,810,000 $301,667 $4,764 2.96%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,745,000 $249,286 $3,262 2.50%
FORT WAYNE, IN (FHA|USDA|VA) 7 $1,735,000 $247,857 $3,368 2.98%
LAS CRUCES, NM (FHA|USDA|VA) 7 $1,695,000 $242,143 $3,205 2.82%
GETTYSBURG, PA (FHA|USDA|VA) 6 $1,680,000 $280,000 $4,286 2.83%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 5 $1,655,000 $331,000 $3,649 2.70%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 7 $1,645,000 $235,000 $4,708 2.93%
NEW BERN, NC (FHA|USDA|VA) 6 $1,580,000 $263,333 $3,142 2.60%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 6 $1,570,000 $261,667 $5,987 3.08%
THE VILLAGES, FL (FHA|USDA|VA) 6 $1,570,000 $261,667 $6,183 2.85%
LAFAYETTE, LA (FHA|USDA|VA) 6 $1,570,000 $261,667 $2,646 2.75%
SPARTANBURG, SC (FHA|USDA|VA) 6 $1,560,000 $260,000 $3,448 2.81%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 5 $1,535,000 $307,000 $4,682 3.00%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $1,475,000 $295,000 $3,717 2.67%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 5 $1,475,000 $295,000 $3,066 2.72%
CARSON CITY, NV (FHA|USDA|VA) 5 $1,445,000 $289,000 $3,032 2.70%
DUBUQUE, IA (FHA|USDA|VA) 5 $1,425,000 $285,000 $3,465 2.78%
NAPA, CA (FHA|USDA|VA) 2 $1,420,000 $710,000 $4,857 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,410,000 $352,500 $5,653 3.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,395,000 $279,000 $5,016 2.68%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 5 $1,375,000 $275,000 $2,700 2.83%
LAKE CHARLES, LA (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,502 2.58%
IDAHO FALLS, ID (FHA|USDA|VA) 5 $1,335,000 $267,000 $3,217 2.72%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $2,510 2.75%
RACINE, WI (FHA|USDA|VA) 4 $1,300,000 $325,000 $3,326 2.63%
PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,245,000 $249,000 $4,646 2.90%
MADISON, WI (FHA|USDA|VA) 5 $1,215,000 $243,000 $3,920 2.82%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,723 2.97%
BURLINGTON, NC (FHA|USDA|VA) 4 $1,140,000 $285,000 $3,281 2.81%
READING, PA (FHA|USDA|VA) 4 $1,130,000 $282,500 $5,255 2.63%
YAKIMA, WA (FHA|USDA|VA) 4 $1,130,000 $282,500 $5,360 2.72%
GRAND JUNCTION, CO (FHA|USDA|VA) 5 $1,125,000 $225,000 $3,304 3.00%
LYNCHBURG, VA (FHA|USDA|VA) 4 $1,080,000 $270,000 $2,044 2.69%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 3 $1,075,000 $358,333 $3,471 2.92%
ERIE, PA (FHA|USDA|VA) 5 $1,065,000 $213,000 $4,026 2.80%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $1,040,000 $260,000 $4,740 2.66%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $1,030,000 $257,500 $3,750 2.91%
BRUNSWICK, GA (FHA|USDA|VA) 3 $1,025,000 $341,667 $3,731 2.58%
EAU CLAIRE, WI (FHA|USDA|VA) 4 $1,000,000 $250,000 $2,402 2.44%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 5 $995,000 $199,000 $3,316 2.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $950,000 $237,500 $3,895 2.90%
WILLIAMSPORT, PA (FHA|USDA|VA) 4 $930,000 $232,500 $3,821 2.84%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $905,000 $301,667 $1,849 2.46%
EVANSVILLE, IN-KY (FHA|USDA|VA) 5 $895,000 $179,000 $5,591 3.03%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $890,000 $222,500 $4,739 2.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $875,000 $175,000 $4,520 2.70%
JACKSON, MS (FHA|USDA|VA) 3 $865,000 $288,333 $2,517 2.58%
GREEN BAY, WI (FHA|USDA|VA) 4 $860,000 $215,000 $3,323 2.78%
AMES, IA (FHA|USDA|VA) 3 $845,000 $281,667 $2,706 2.50%
JONESBORO, AR (FHA|USDA|VA) 3 $835,000 $278,333 $6,133 2.92%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $825,000 $275,000 $2,962 2.54%
APPLETON, WI (FHA|USDA|VA) 4 $820,000 $205,000 $3,283 2.75%
OCALA, FL (FHA|USDA|VA) 3 $815,000 $271,667 $2,438 2.54%
POCATELLO, ID (FHA|USDA|VA) 3 $815,000 $271,667 $3,591 2.58%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $810,000 $202,500 $3,733 2.78%
CORVALLIS, OR (FHA|USDA|VA) 3 $785,000 $261,667 $6,684 2.96%
BISMARCK, ND (FHA|USDA|VA) 3 $785,000 $261,667 $3,782 2.92%
ST. GEORGE, UT (FHA|USDA|VA) 3 $765,000 $255,000 $3,766 2.92%
JOHNSON CITY, TN (FHA|USDA|VA) 4 $750,000 $187,500 $4,365 3.06%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 3 $735,000 $245,000 $2,821 3.00%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 3 $725,000 $241,667 $2,798 2.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $725,000 $241,667 $2,991 2.46%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $715,000 $238,333 $3,654 2.33%
LEWISTON, ID-WA (FHA|USDA|VA) 2 $700,000 $350,000 $5,054 2.44%
BOWLING GREEN, KY (FHA|USDA|VA) 3 $695,000 $231,667 $2,883 2.92%
MISSOULA, MT (FHA|USDA|VA) 2 $690,000 $345,000 $2,584 2.81%
DULUTH, MN-WI (FHA|USDA|VA) 3 $685,000 $228,333 $3,450 2.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 3 $665,000 $221,667 $4,595 3.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $645,000 $215,000 $3,642 2.92%
GREENVILLE, NC (FHA|USDA|VA) 3 $635,000 $211,667 $2,133 2.88%
MORRISTOWN, TN (FHA|USDA|VA) 2 $610,000 $305,000 $2,816 2.31%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $610,000 $305,000 $3,627 2.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $600,000 $300,000 $4,601 2.50%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $580,000 $290,000 $3,077 2.56%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $580,000 $290,000 $6,056 2.63%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $580,000 $290,000 $3,014 2.63%
WENATCHEE, WA (FHA|USDA|VA) 2 $580,000 $290,000 $3,747 2.81%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $570,000 $285,000 $2,912 2.94%
GREAT FALLS, MT (FHA|USDA|VA) 2 $530,000 $265,000 $594 2.69%
EL PASO, TX (FHA|USDA|VA) 3 $525,000 $175,000 $5,383 2.96%
TWIN FALLS, ID (FHA|USDA|VA) 1 $525,000 $525,000 $3,522 3.25%
LAWTON, OK (FHA|USDA|VA) 1 $525,000 $525,000 $4,514 3.13%
TERRE HAUTE, IN (FHA|USDA|VA) 2 $520,000 $260,000 $4,303 2.56%
FAIRBANKS, AK (FHA|USDA|VA) 2 $520,000 $260,000 $3,373 2.63%
ROCHESTER, MN (FHA|USDA|VA) 2 $510,000 $255,000 $2,153 2.50%
JOHNSTOWN, PA (FHA|USDA|VA) 3 $505,000 $168,333 $3,778 2.88%
ROANOKE, VA (FHA|USDA|VA) 2 $500,000 $250,000 $3,106 2.81%
ROCKFORD, IL (FHA|USDA|VA) 2 $500,000 $250,000 $3,279 2.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $490,000 $245,000 $1,688 2.63%
GOLDSBORO, NC (FHA|USDA|VA) 2 $480,000 $240,000 $2,413 2.38%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $475,000 $158,333 $5,223 2.87%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $470,000 $235,000 $3,050 2.63%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $450,000 $225,000 $1,455 2.56%
KOKOMO, IN (FHA|USDA|VA) 2 $450,000 $225,000 $2,619 2.94%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $450,000 $225,000 $2,515 2.81%
SUMTER, SC (FHA|USDA|VA) 2 $450,000 $225,000 $2,545 2.62%
PANAMA CITY, FL (FHA|USDA|VA) 2 $450,000 $225,000 $4,344 3.49%
LONGVIEW, WA (FHA|USDA|VA) 2 $440,000 $220,000 $2,343 2.94%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $440,000 $220,000 $3,006 2.31%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $440,000 $220,000 $4,544 2.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $410,000 $205,000 $4,354 2.56%
CHICO, CA (FHA|USDA|VA) 1 $395,000 $395,000 $3,299 3.00%
Outside of Metro Areas 1 $395,000 $395,000 $3,393 2.25%
IOWA CITY, IA (FHA|USDA|VA) 1 $385,000 $385,000 $5,825 2.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $380,000 $190,000 $2,831 2.50%
HARRISONBURG, VA (FHA|USDA|VA) 1 $375,000 $375,000 $3,139 2.88%
NILES, MI (FHA|USDA|VA) 1 $325,000 $325,000 $964 2.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $320,000 $160,000 $2,629 2.50%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 1 $305,000 $305,000 $3,670 3.38%
LEBANON, PA (FHA|USDA|VA) 1 $305,000 $305,000 $3,753 2.88%
ALTOONA, PA (FHA|USDA|VA) 1 $285,000 $285,000 $10,413 2.50%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $265,000 $265,000 $3,180 2.75%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $265,000 $265,000 $1,488 2.88%
FARMINGTON, NM (FHA|USDA|VA) 1 $265,000 $265,000 $3,689 3.00%
CLEVELAND, TN (FHA|USDA|VA) 1 $255,000 $255,000 $12,373 2.25%
WALLA WALLA, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,246 2.75%
MONROE, MI (FHA|USDA|VA) 1 $245,000 $245,000 $2,856 3.00%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $245,000 $245,000 $1,605 2.25%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $235,000 $235,000 $3,476 2.25%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $235,000 $235,000 $2,563 2.25%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $235,000 $235,000 $3,702 2.38%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $235,000 $235,000 $2,701 2.38%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $235,000 $235,000 $2,720 2.88%
MONROE, LA (FHA|USDA|VA) 1 $225,000 $225,000 $3,377 2.25%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $225,000 $225,000 $2,743 2.63%
RAPID CITY, SD (FHA|USDA|VA) 1 $215,000 $215,000 $2,524 2.63%
VICTORIA, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,324 2.50%
FLINT, MI (FHA|USDA|VA) 1 $185,000 $185,000 $3,201 2.38%
BAY CITY, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,281 2.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $185,000 $185,000 $3,159 2.75%
OWENSBORO, KY (FHA|USDA|VA) 1 $185,000 $185,000 $3,479 2.99%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $175,000 $175,000 $3,445 3.25%
WACO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,884 3.00%
KANKAKEE, IL (FHA|USDA|VA) 1 $175,000 $175,000 $3,022 2.63%
FLORENCE, SC (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.00%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $165,000 $165,000 $7,638 3.75%
LOGAN, UT-ID (FHA|USDA|VA) 1 $155,000 $155,000 $3,879 2.25%
JACKSON, TN (FHA|USDA|VA) 1 $155,000 $155,000 $4,486 3.88%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,611 2.88%
HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $1,745 2.75%
MUNCIE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $5,496 3.13%

Sovereign Lending Group Incorporated's top markets include Los Angeles, Riverside, Washington, Anaheim, and Phoenix among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
VA 3,544 $1,137,380,000 $320,931 $3,908 2.67%
Conventional 2,775 $904,235,000 $325,850 $4,531 2.97%
FHA 160 $45,090,000 $281,813 $8,999 2.96%

For the 2020 period, Sovereign Lending Group Incorporated's most frequently originated loan type of loans were VA, with 3,544 originations. Their 2nd most popular type is Conventional, with 2,775 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 6,451 $2,076,665,000 $321,914 $4,286 2.80%
Home Purchase 28 $10,040,000 $358,571 $7,638 2.99%

For the 2020, Sovereign Lending Group Incorporated's most frequently cited loan purpose of loans were Refi, with 6,451 originations. The 2nd most popular reason of loans were Home Purchase, with 28 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,834 $1,894,420,000 $324,721 $4,317 2.82%
15 Year 354 $104,250,000 $294,492 $4,152 2.64%
20 Year 137 $40,555,000 $296,022 $4,290 2.86%
Other 129 $39,485,000 $306,085 $3,979 2.81%
10 Year 25 $7,995,000 $319,800 $4,272 2.55%

For the 2020, Sovereign Lending Group Incorporated's most frequently cited loan length of loans were 30 Year, with 5,834 originations. The 2nd most popular length of loans were 15 Year, with 354 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,555 $814,105,000 $318,632
$2k-3k 1,467 $409,335,000 $279,029
$3k-4k 1,204 $406,880,000 $337,940
$<1k 722 $243,060,000 $336,648
$5k+ 531 $213,325,000 $401,742

$4,317 of loans were Sovereign Lending Group Incorporated's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,555 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 3,291 $1,063,445,000 $323,137
<2.5% 1,817 $600,125,000 $330,283
3-4% 1,325 $410,475,000 $309,792
4-5% 43 $11,555,000 $268,721
5-6% 2 $1,030,000 $515,000
6-7% 1 $75,000 $75,000

During 2020, Sovereign Lending Group Incorporated's average interest rate of loans were 2.82%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,291 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,228 $1,226,150,000 $290,007 $4,084 2.79%
$400k-600k 1,310 $609,350,000 $465,153 $4,656 2.75%
$100k-200k 764 $127,770,000 $167,238 $3,867 2.96%
$600k-1MM 164 $116,340,000 $709,390 $8,619 2.98%
$100,000 or less 7 $615,000 $87,857 $2,351 4.09%
$1MM+ 6 $6,480,000 $1,080,000 $18,633 2.83%

2020 saw Sovereign Lending Group Incorporated place emphasis on $200k-400k loans with 4,228 originations, totaling $1,226,150,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 3,493 $1,090,865,000 $312,300 $3,669 2.68%
$100k-150k 908 $314,060,000 $345,881 $5,071 2.94%
$50k-75k 701 $185,325,000 $264,372 $5,227 2.99%
$75k-100k 683 $214,845,000 $314,561 $4,969 2.95%
$150k-250k 536 $214,790,000 $400,728 $4,994 2.90%
$250k+ 158 $66,820,000 $422,911 $4,486 2.96%

Sovereign Lending Group Incorporated lent most frequently to those with incomes in the $50k or less range, with 3,493 originations. The second most popular income band? $100k-150k, with 908 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 708 $223,520,000 $315,706 $4,660 2.89%
30-36% 631 $204,625,000 $324,287 $4,820 2.96%
<20% 218 $69,480,000 $318,716 $4,214 2.85%
44% 156 $51,320,000 $328,974 $5,403 3.04%
43% 138 $47,340,000 $343,043 $5,387 3.02%
41% 135 $44,105,000 $326,704 $5,529 3.01%
42% 132 $41,450,000 $314,015 $5,403 3.05%
40% 126 $42,170,000 $334,683 $5,177 3.01%
39% 123 $40,095,000 $325,976 $5,038 3.03%
36% 119 $37,345,000 $313,824 $5,225 2.98%
38% 118 $39,790,000 $337,203 $4,996 2.99%
45% 106 $33,060,000 $311,887 $4,848 2.99%
37% 104 $34,920,000 $335,769 $4,741 2.91%
49% 88 $32,090,000 $364,659 $5,383 2.99%
50-60% 85 $27,735,000 $326,294 $8,967 2.89%
46% 80 $25,770,000 $322,125 $4,982 2.90%
47% 71 $23,095,000 $325,282 $4,880 2.96%
48% 66 $19,460,000 $294,848 $5,282 3.12%
>60% 10 $4,590,000 $459,000 $13,456 3.15%

Sovereign Lending Group Incorporated lent most frequently to those with DTI ratios of 20-30%, with 708 originations. The next most common DTI ratio? 30-36%, with 631 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,232 $1,663,230,000 $317,896 $4,290 2.81%
Black 689 $221,495,000 $321,473 $4,141 2.74%
Asian 442 $162,730,000 $368,167 $4,463 2.80%
American Indian 57 $17,805,000 $312,368 $5,400 2.86%
Native Hawaiian 46 $16,690,000 $362,826 $4,709 2.86%
Not provided 13 $4,755,000 $365,769 $5,201 2.61%

Approval Rates

Total approvals of all applications
87.44%

Sovereign Lending Group Incorporated has an average approval rate.

Pick Rate

Approvals leading to origination
-103.59%

Sovereign Lending Group Incorporated has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 6,479 $2,086,705,000 $322,072

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 151 $34,215,000 $226,589
Single Family (1-4 Units):Site-Built 6,328 $2,052,490,000 $324,351

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 280 $78,080,000 $278,857 $4,089 2.86%
40-60% 989 $319,255,000 $322,806 $4,061 2.85%
60-80% 1,797 $583,435,000 $324,672 $4,691 2.92%
80-100% 2,984 $957,160,000 $320,764 $4,162 2.73%
Over 100% 405 $142,265,000 $351,272 $4,302 2.68%
Under 20% 24 $6,510,000 $271,250 $4,697 3.06%