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 and Refi loans. Cincinnati Ohio Police has a high proportion of conventional loans. Their top two markets are Cincinnati and Dayton .Cincinnati Ohio Police has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
69Origination Dollar Volume (All Markets)
$6,415,000Top 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) | 66 | $6,120,000 | $92,727 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $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: 350
Similarity Rank: 651
Similarity Rank: 770
Similarity Rank: 936
Similarity Rank: 1152
Similarity Rank: 1218
Similarity Rank: 1323
Similarity Rank: 1425
Similarity Rank: 1612
Similarity Rank: 1750
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 69 | $6,415,000 | $92,971 | $0 | 0.00% |
For 2020, Cincinnati Ohio Police's most frequently originated type of loan was Conventional, with 69 originations.
Loan Reason
For 2020, Cincinnati Ohio Police's most frequently cited loan purpose was Home Improvement, with 43 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 69 | $6,415,000 | $92,971 | $0 | 0.00% |
For 2020, Cincinnati Ohio Police's most frequently cited loan duration was Other, with 69 originations.
Loan Sizing
2020 saw Cincinnati Ohio Police place emphasis on $100,000 or less loans with 40 originations, totaling $1,700,000 in origination value.
Applicant Income
Cincinnati Ohio Police lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $50k-75k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 69 | $6,415,000 | $92,971 | $0 | 0.00% |
Cincinnati Ohio Police lent most frequently to those with DTI ratios of Exempt%, with 69 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 67 | $6,325,000 | $94,403 | $0 | 0.00% |
| Black | 2 | $90,000 | $45,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications95.89%
Cincinnati Ohio Police has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.55%
Cincinnati Ohio Police has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 69 | $6,415,000 | $92,971 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 69 | $6,415,000 | $92,971 |
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CMG MORTGAGE, INC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 7.8% |
| CMG MORTGAGE, INC | Conventional home mortgage | Closing on a mortgage | 3 | 5.9% |
| CMG MORTGAGE, INC | Conventional home mortgage | Struggling to pay mortgage | 2 | 3.9% |
| CMG MORTGAGE, INC | Conventional home mortgage | Trouble during payment process | 19 | 37.3% |
| CMG MORTGAGE, INC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 3.9% |
| CMG MORTGAGE, INC | FHA mortgage | Closing on a mortgage | 1 | 2.0% |
| CMG MORTGAGE, INC | FHA mortgage | Improper use of your report | 1 | 2.0% |
| CMG MORTGAGE, INC | FHA mortgage | Struggling to pay mortgage | 3 | 5.9% |
| CMG MORTGAGE, INC | FHA mortgage | Trouble during payment process | 5 | 9.8% |
| CMG MORTGAGE, INC | Other type of mortgage | Closing on a mortgage | 1 | 2.0% |
| CMG MORTGAGE, INC | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.0% |
| CMG MORTGAGE, INC | VA mortgage | Struggling to pay mortgage | 1 | 2.0% |
| CMG MORTGAGE, INC | VA mortgage | Trouble during payment process | 8 | 15.7% |