Cincinnati Ohio Police Mortgage Rates, Fees & Info
Cincinnati, OHLEI: 549300CZVVHZY16D5T08
Tax ID: 31-0278853
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Cincinnati Ohio Police is a smaller mortgage company specializing in Home Improvement loans. Cincinnati Ohio Police has a high proportion of conventional loans. Their top two markets are Cincinnati and Dayton .Cincinnati Ohio Police 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.
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Originations
59Origination Dollar Volume (All Markets)
$2,935,000Top 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 |
|---|---|---|---|---|---|
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 57 | $2,825,000 | $49,561 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against CINCINNATI OHIO POLICE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 55
Similarity Rank: 162
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Similarity Rank: 1040
Similarity Rank: 1054
Similarity Rank: 1179
Similarity Rank: 1284
Similarity Rank: 1391
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 59 | $2,935,000 | $49,746 | $0 | 0.00% |
For 2019, Cincinnati Ohio Police's most frequently originated type of loan was Conventional, with 59 originations.
Loan Reason
For 2019, Cincinnati Ohio Police's most frequently cited loan purpose was Home Improvement, with 53 originations. The 2nd most popular reason was Home Purchase, with 2 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 59 | $2,935,000 | $49,746 | $0 | 0.00% |
For 2019, Cincinnati Ohio Police's most frequently cited loan duration was Other, with 59 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 56 | $2,560,000 | $45,714 | $0 | 0.00% |
| $100k-200k | 3 | $375,000 | $125,000 | $0 | 0.00% |
2019 saw Cincinnati Ohio Police place emphasis on $100,000 or less loans with 56 originations, totaling $2,560,000 in origination value.
Applicant Income
Cincinnati Ohio Police lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 59 | $2,935,000 | $49,746 | $0 | 0.00% |
Cincinnati Ohio Police lent most frequently to those with DTI ratios of Exempt%, with 59 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 55 | $2,715,000 | $49,364 | $0 | 0.00% |
| Black | 4 | $220,000 | $55,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications85.90%
Cincinnati Ohio Police has an average approval rate.
Pick Rate
Approvals leading to origination86.44%
Cincinnati Ohio Police has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 59 | $2,935,000 | $49,746 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 59 | $2,935,000 | $49,746 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CMG MORTGAGE, INC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 5.3% |
| CMG MORTGAGE, INC | Conventional home mortgage | Struggling to pay mortgage | 4 | 21.1% |
| CMG MORTGAGE, INC | Conventional home mortgage | Trouble during payment process | 5 | 26.3% |
| CMG MORTGAGE, INC | FHA mortgage | Closing on a mortgage | 1 | 5.3% |
| CMG MORTGAGE, INC | FHA mortgage | Struggling to pay mortgage | 1 | 5.3% |
| CMG MORTGAGE, INC | FHA mortgage | Trouble during payment process | 2 | 10.5% |
| CMG MORTGAGE, INC | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 5.3% |
| CMG MORTGAGE, INC | Other type of mortgage | Trouble during payment process | 1 | 5.3% |
| CMG MORTGAGE, INC | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 10.5% |
| CMG MORTGAGE, INC | VA mortgage | Trouble during payment process | 1 | 5.3% |