Fay Servicing Mortgage Rates, Fees & Info
DOVER, DELEI: 549300D0H09HSURFXA20
Tax ID: 41-2277737
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Mortgage Data
Review & Overview
Fay Servicing is a smaller mortgage company specializing in Refi and Cash Out Refi loans. Fay Servicing has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Chicago, Los Angeles, New York, Miami, and Dallas among others. We have data for 137 markets. (Some data included below & more in-depth data is available with an active subscription.)Fay Servicing 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. Fay Servicing is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.04% | 11/21/24 |
| 30 Year Conventional Refi | 6.88% | 11/21/24 |
| 30 Year Cash-out Refi | 7.07% | 11/21/24 |
| 30 Year FHA Purchase | 7.54% | 11/21/24 |
| 30 Year FHA Refi | 7.30% | 11/21/24 |
| 30 Year VA Refi | 6.27% | 11/21/24 |
| 15 Year Conventional Refi | 6.39% | 11/21/24 |
| 15 Year Cash-out Refi | 6.39% | 11/21/24 |
| 15 Year FHA Refi | 7.26% | 11/21/24 |
| 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. | ||
Fay Servicing Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
493Origination Dollar Volume (All Markets)
$102,505,000Awards
FAY SERVICING - 2020
FAY SERVICING is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 51 | $10,645,000 | $208,725 | $3,838 | 3.45% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 17 | $6,825,000 | $401,471 | $5,798 | 4.46% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 21 | $5,695,000 | $271,190 | $7,052 | 5.30% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 22 | $5,150,000 | $234,091 | $3,905 | 4.07% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 19 | $3,705,000 | $195,000 | $3,009 | 4.59% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 12 | $3,260,000 | $271,667 | $5,004 | 3.38% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 15 | $3,155,000 | $210,333 | $5,271 | 4.61% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 18 | $3,000,000 | $166,667 | $3,489 | 3.85% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 10 | $2,910,000 | $291,000 | $6,503 | 4.86% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 11 | $2,265,000 | $205,909 | $4,198 | 6.36% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 9 | $2,205,000 | $245,000 | $5,169 | 6.33% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 4 | $2,190,000 | $547,500 | $5,942 | 2.97% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 9 | $2,095,000 | $232,778 | $4,289 | 3.93% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $2,025,000 | $225,000 | $4,115 | 3.39% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 14 | $1,970,000 | $140,714 | $4,217 | 5.73% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $1,830,000 | $457,500 | $0 | 5.99% |
| Outside of Metro Areas | 12 | $1,810,000 | $150,833 | $4,944 | 4.99% |
| RICHMOND, VA (FHA|USDA|VA) | 11 | $1,535,000 | $139,545 | $6,145 | 5.80% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $4,419 | 5.47% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 9 | $1,355,000 | $150,556 | $3,315 | 3.90% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 6 | $1,220,000 | $203,333 | $4,936 | 4.18% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $6,036 | 3.37% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $4,311 | 4.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $1,115,000 | $159,286 | $3,643 | 3.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $3,720 | 5.57% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $3,850 | 3.08% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $13,974 | 3.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 8 | $980,000 | $122,500 | $4,325 | 4.46% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $7,566 | 4.06% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $895,000 | $179,000 | $0 | 6.91% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $2,837 | 3.45% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $2,904 | 3.63% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $5,538 | 4.83% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $3,794 | 3.45% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $3,734 | 4.16% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $2,914 | 5.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $15,862 | 3.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $4,972 | 3.56% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $5,585 | 4.06% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $4,050 | 4.82% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $4,128 | 3.56% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $2,790 | 4.96% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $3,812 | 3.63% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $14,476 | 3.88% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,788 | 2.63% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,544 | 4.78% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 5 | $415,000 | $83,000 | $3,421 | 7.30% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $1,693 | 3.63% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,617 | 3.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,753 | 3.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $9,707 | 4.79% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 6.50% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 6.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,635 | 3.50% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $3,311 | 3.71% |
| ROANOKE, VA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,971 | 3.69% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,665 | 3.50% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 8.49% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,967 | 3.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,867 | 3.50% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,613 | 2.75% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,794 | 3.75% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 6.55% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,073 | 3.50% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,723 | 3.13% |
| Searcy, AR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,803 | 3.56% |
| Silver City, NM (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.43% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,888 | 3.19% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,908 | 3.19% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,717 | 3.50% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 3.75% |
| RENO, NV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,981 | 3.63% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $1,896 | 3.38% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 4.93% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,148 | 3.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,657 | 3.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $205,000 | $68,333 | $3,087 | 6.21% |
| TULSA, OK (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,103 | 4.13% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $1,126 | 6.69% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,916 | 3.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $2,480 | 3.56% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,078 | 2.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,591 | 3.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,871 | 3.75% |
| Ottawa, IL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $1,512 | 3.75% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,576 | 3.75% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,067 | 3.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,453 | 3.50% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,811 | 3.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,437 | 3.75% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,075 | 4.13% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,487 | 3.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,640 | 3.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,146 | 3.75% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,995 | 3.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,587 | 3.75% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,689 | 3.50% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.75% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $976 | 3.75% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,047 | 3.75% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.63% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,152 | 3.75% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,315 | 3.50% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.13% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,161 | 3.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,495 | 2.50% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,499 | 3.75% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,923 | 3.50% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,717 | 3.50% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,790 | 2.75% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $8,067 | 4.13% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,001 | 3.75% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,587 | 3.75% |
| READING, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,888 | 3.50% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,170 | 3.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.75% |
| Sikeston, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,486 | 3.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,115 | 3.88% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,940 | 3.50% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,281 | 3.00% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,939 | 3.75% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,107 | 3.63% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,310 | 3.75% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,864 | 2.88% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.88% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,005 | 5.13% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,231 | 3.75% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,953 | 3.13% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,275 | 3.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,194 | 3.75% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,171 | 3.00% |
| Adrian, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.75% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.48% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,821 | 2.75% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,621 | 3.50% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,018 | 2.63% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 328 | $70,820,000 | $215,915 | $4,129 | 4.62% |
| FHA | 163 | $30,725,000 | $188,497 | $4,357 | 3.81% |
| VA | 2 | $960,000 | $480,000 | $16,718 | 3.75% |
For 2020, Fay Servicing's most frequently originated type of loan was Conventional, with 328 originations. Their 2nd most popular type was FHA, with 163 originations.
Loan Reason
For 2020, Fay Servicing's most frequently cited loan purpose was Refi, with 287 originations. The 2nd most popular reason was Cash Out Refi, with 158 originations.
Loan Duration/Length
For 2020, Fay Servicing's most frequently cited loan duration was 30 Year, with 369 originations. The 2nd most popular length was 15 Year, with 57 originations.
Origination Fees/Closing Costs
Fay Servicing's average total fees were $4,577, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 154 originations.
Interest Rates
During 2020, Fay Servicing's average interest rate for loans was 4.49%, while their most frequently originated rate bucket for loans was 3-4%, with 233 originations.
Loan Sizing
2020 saw Fay Servicing place emphasis on $100k-200k loans with 200 originations, totaling $28,840,000 in origination value.
Applicant Income
Fay Servicing lent most frequently to those with incomes in the $50k or less range, with 111 originations. The second most popular income band? $100k-150k, with 63 originations.
Applicant Debt to Income Ratio
Fay Servicing lent most frequently to those with DTI ratios of 20-30%, with 55 originations. The next most common DTI ratio? 30-36%, with 45 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.02%
Fay Servicing has a below average approval rate.
Pick Rate
Approvals leading to origination-35.50%
Fay Servicing 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 | 493 | $102,505,000 | $207,921 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Fay Servicing, LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 10 | 3.4% |
| Fay Servicing, LLC | Conventional home mortgage | Closing on a mortgage | 4 | 1.4% |
| Fay Servicing, LLC | Conventional home mortgage | Incorrect information on your report | 2 | 0.7% |
| Fay Servicing, LLC | Conventional home mortgage | Struggling to pay mortgage | 131 | 44.4% |
| Fay Servicing, LLC | Conventional home mortgage | Trouble during payment process | 111 | 37.6% |
| Fay Servicing, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 0.3% |
| Fay Servicing, LLC | FHA mortgage | Struggling to pay mortgage | 5 | 1.7% |
| Fay Servicing, LLC | FHA mortgage | Trouble during payment process | 8 | 2.7% |
| Fay Servicing, LLC | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 0.3% |
| Fay Servicing, LLC | Home equity loan or line of credit (HELOC) | Trouble during payment process | 5 | 1.7% |
| Fay Servicing, LLC | Other type of mortgage | Closing on a mortgage | 1 | 0.3% |
| Fay Servicing, LLC | Other type of mortgage | Incorrect information on your report | 1 | 0.3% |
| Fay Servicing, LLC | Other type of mortgage | Struggling to pay mortgage | 5 | 1.7% |
| Fay Servicing, LLC | Other type of mortgage | Trouble during payment process | 8 | 2.7% |
| Fay Servicing, LLC | Reverse mortgage | Trouble during payment process | 1 | 0.3% |
| Fay Servicing, LLC | VA mortgage | Closing on a mortgage | 1 | 0.3% |