Bartlett Mortgage Rates, Fees & Info

BARTLETT, TN

LEI: 549300CRSE0TY73U6X46

Tax ID: 62-1160688

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Mortgage Data

Review & Overview

Bartlett Mortgage is a smaller mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Bartlett Mortgage has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Memphis, Nashville, Daphne, Hickory, and North Port among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bartlett Mortgage has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.74% 12/16/24
30 Year Conventional Refi 6.44% 12/16/24
30 Year Cash-out Refi 6.81% 12/16/24
30 Year FHA Purchase 6.96% 12/16/24
30 Year FHA Refi 6.15% 12/16/24
30 Year VA Purchase 6.10% 12/16/24
30 Year USDA Purchase 6.48% 12/16/24
15 Year Conventional Purchase 6.26% 12/16/24
15 Year Conventional Refi 6.03% 12/16/24
15 Year Cash-out Refi 6.03% 12/16/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Bartlett Mortgage Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bartlett Mortgage. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

442

Origination Dollar Volume (All Markets)

$94,590,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 421 $89,035,000 $211,485 $0 0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,130,000 $282,500 $0 0.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $660,000 $330,000 $0 0.00%
Outside of Metro Areas 3 $565,000 $188,333 $0 0.00%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $455,000 $455,000 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
Tupelo, MS (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
JACKSON, TN (FHA|USDA|VA) 2 $110,000 $55,000 $0 0.00%
Bartlett Mortgage's top markets include Memphis, Nashville, Daphne, Hickory, and North Port among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against BARTLETT MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    BankPlus
    Similarity Rank: 336
    Financial Federal Bank
    Similarity Rank: 882
    First Citizens National Bank
    Similarity Rank: 1044
    Patriot Bank
    Similarity Rank: 2730
    Community Bank of Mississippi
    Similarity Rank: 2960
    CLEARPATH LENDING
    Similarity Rank: 3220
    AMERICAN MORTGAGE SERVICE COMPANY
    Similarity Rank: 3410
    First Financial Bank
    Similarity Rank: 3675
    First Horizon Bank
    Similarity Rank: 3712
    Eagle Bank and Trust Company
    Similarity Rank: 4002

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    FHA 206 $38,800,000 $188,350 $0 0.00%
    Conventional 184 $44,030,000 $239,293 $0 0.00%
    VA 39 $9,625,000 $246,795 $0 0.00%
    USDA 13 $2,135,000 $164,231 $0 0.00%

    For 2018, Bartlett Mortgage's most frequently originated type of loan was FHA, with 206 originations. Their 2nd most popular type was Conventional, with 184 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 400 $86,370,000 $215,925 $0 0.00%
    Refi 39 $7,515,000 $192,692 $0 0.00%
    Cash Out Refi 3 $705,000 $235,000 $0 0.00%

    For 2018, Bartlett Mortgage's most frequently cited loan purpose was Home Purchase, with 400 originations. The 2nd most popular reason was Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 442 $94,590,000 $214,005 $0 0.00%

    For 2018, Bartlett Mortgage's most frequently cited loan duration was Other, with 442 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 224 $59,640,000 $266,250 $0 0.00%
    $100k-200k 162 $24,670,000 $152,284 $0 0.00%
    $100,000 or less 40 $2,960,000 $74,000 $0 0.00%
    $400k-600k 16 $7,320,000 $457,500 $0 0.00%

    2018 saw Bartlett Mortgage place emphasis on $200k-400k loans with 224 originations, totaling $59,640,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 135 $25,965,000 $192,333 $0 0.00%
    $100k-150k 90 $23,770,000 $264,111 $0 0.00%
    $50k or less 90 $11,970,000 $133,000 $0 0.00%
    $75k-100k 82 $18,550,000 $226,220 $0 0.00%
    $150k-250k 35 $10,365,000 $296,143 $0 0.00%
    $250k+ 10 $3,970,000 $397,000 $0 0.00%

    Bartlett Mortgage lent most frequently to those with incomes in the $50k-75k range, with 135 originations. The second most popular income band? $100k-150k, with 90 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 442 $94,590,000 $214,005 $0 0.00%

    Bartlett Mortgage lent most frequently to those with DTI ratios of Exempt%, with 442 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 281 $56,515,000 $201,121 $0 0.00%
    Black 130 $30,160,000 $232,000 $0 0.00%
    Asian 17 $4,505,000 $265,000 $0 0.00%
    Not provided 7 $1,345,000 $192,143 $0 0.00%
    Native Hawaiian or Islander 3 $1,025,000 $341,667 $0 0.00%
    Other Asian 3 $665,000 $221,667 $0 0.00%
    American Indian 1 $375,000 $375,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.10%

    Bartlett Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    87.10%

    Bartlett Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 442 $94,590,000 $214,005

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 442 $94,590,000 $214,005