Pinal County Mortgage Rates, Fees & Info

Casa Grande, AZ

LEI: 549300CYXW7LD00YCQ70

Tax ID: 86-0134699

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Pinal County is a smaller mortgage company specializing in Other and Home Improvement loans. Pinal County has a high proportion of conventional loans. Their top (well, only) market is Phoenix.

    Pinal County has an 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    15 Year Conventional Refi 4.90% 4/28/24
    15 Year Cash-out Refi 4.90% 4/28/24
    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.

    Pinal County Mortgage Calculator






    Your Estimates

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


    Originations

    143

    Origination Dollar Volume (All Markets)

    $10,145,000

    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
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 143 $10,145,000 $70,944 $24 5.17%
    Pinal County's top markets include and Phoenix among others.

    Their top states include:
  • Arizona (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 143 $10,145,000 $70,944 $24 5.17%

    For 2022, Pinal County's most frequently originated type of loan was Conventional, with 143 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 73 $5,165,000 $70,753 $10 5.17%
    Home Improvement 59 $3,885,000 $65,847 $34 5.22%
    Refi 7 $565,000 $80,714 $72 5.04%
    Cash Out Refi 2 $250,000 $125,000 $0 4.75%
    Home Purchase 1 $45,000 $45,000 $0 5.00%
    NA 1 $235,000 $235,000 $0 4.50%

    For 2022, Pinal County's most frequently cited loan purpose was Other, with 73 originations. The 2nd most popular reason was Home Improvement, with 59 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 108 $8,560,000 $79,259 $19 5.17%
    15 Year 26 $1,100,000 $42,308 $31 5.17%
    10 Year 8 $450,000 $56,250 $108 5.19%
    5 Year 1 $35,000 $35,000 $0 5.25%

    For 2022, Pinal County's most frequently cited loan duration was 20 Year, with 108 originations. The 2nd most popular length was 15 Year, with 26 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 140 $9,840,000 $70,286

    Pinal County's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 140 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 106 $6,290,000 $59,340
    4-5% 37 $3,855,000 $104,189

    During 2022, Pinal County's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 106 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 123 $6,665,000 $54,187 $25 5.23%
    $100k-200k 12 $1,550,000 $129,167 $25 4.92%
    $200k-400k 8 $1,930,000 $241,250 $0 4.66%

    2022 saw Pinal County place emphasis on $100,000 or less loans with 123 originations, totaling $6,665,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 42 $2,400,000 $57,143 $15 5.22%
    $50k or less 34 $2,000,000 $58,824 $2 5.04%
    $75k-100k 28 $2,140,000 $76,429 $43 5.17%
    $100k-150k 27 $2,155,000 $79,815 $51 5.30%
    $150k-250k 11 $1,215,000 $110,455 $4 5.20%

    Pinal County lent most frequently to those with incomes in the $50k-75k range, with 42 originations. The second most popular income band? $50k or less, with 34 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 47 $3,265,000 $69,468 $27 5.20%
    30-36% 31 $2,045,000 $65,968 $50 5.31%
    <20% 24 $1,680,000 $70,000 $2 4.82%
    40% 7 $455,000 $65,000 $0 5.18%
    39% 7 $585,000 $83,571 $108 5.36%
    41% 4 $250,000 $62,500 $0 5.31%
    45% 4 $310,000 $77,500 $0 5.06%
    42% 4 $320,000 $80,000 $0 5.50%
    38% 3 $285,000 $95,000 $0 5.25%
    37% 3 $205,000 $68,333 $0 5.33%
    44% 2 $90,000 $45,000 $0 5.25%
    50-60% 2 $140,000 $70,000 $0 5.13%
    36% 2 $140,000 $70,000 $0 5.25%
    46% 1 $45,000 $45,000 $0 5.25%
    47% 1 $95,000 $95,000 $0 5.25%

    Pinal County lent most frequently to those with DTI ratios of 20-30%, with 47 originations. The next most common DTI ratio? 30-36%, with 31 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 123 $8,185,000 $66,545 $23 5.17%
    Black 7 $575,000 $82,143 $0 5.04%
    American Indian 6 $500,000 $83,333 $0 5.46%
    Asian 3 $425,000 $141,667 $0 5.08%
    Not applicable 1 $235,000 $235,000 $0 4.50%
    Filipino 3 $225,000 $75,000 $215 5.25%

    Approval Rates

    Total approvals of all applications
    81.12%

    Pinal County has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    88.81%

    Pinal County has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 143 $10,145,000 $70,944

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    143 $10,145,000 $70,944

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 26 $2,200,000 $84,615 $24 5.12%
    40-60% 7 $1,055,000 $150,714 $0 4.71%
    60-80% 7 $1,325,000 $189,286 $0 4.64%
    80-100% 2 $420,000 $210,000 $0 4.75%
    Under 20% 101 $5,145,000 $50,941 $27 5.27%