Crescent Mortgage Company Rates, Fees & Info

WILMINGTON, DE

LEI: 549300D214S3L7KZ0515

Tax ID: 16-1686740

5 stars - Updated: 6/16/24 - out of 5 stars, based on 32 reviews

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

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Mortgage Data

Review & Overview

Crescent Mortgage Company is a smaller mortgage company specializing in Home Purchase loans. Crescent Mortgage Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Greenville, Memphis, Spartanburg, and Minneapolis among others. We have data for 160 markets. (Some data included below & more in-depth data is available with an active subscription.)

Crescent Mortgage Company 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. Crescent Mortgage Company is typically an average 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 relatively high 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.

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 6.67% 6/16/24
30 Year Conventional Refi 6.55% 6/16/24
30 Year Cash-out Refi 6.77% 6/16/24
30 Year FHA Purchase 7.26% 6/16/24
30 Year FHA Refi 7.05% 6/16/24
30 Year VA Purchase 6.15% 6/16/24
30 Year VA Refi 5.69% 6/16/24
30 Year USDA Purchase 6.84% 6/16/24
30 Year USDA Refi 6.27% 6/16/24
15 Year Conventional Purchase 6.09% 6/16/24
15 Year Conventional Refi 6.10% 6/16/24
15 Year Cash-out Refi 6.10% 6/16/24
15 Year FHA Refi 7.02% 6/16/24
15 Year VA Purchase 5.94% 6/16/24
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.

Crescent Mortgage Company Mortgage Calculator






Your Estimates

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

This is not an official calculator from Crescent Mortgage Company. 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

1,021

Origination Dollar Volume (All Markets)

$321,475,000
Show all (13) awards

Relative Rate

Crescent Mortgage Company's average 30 year fixed mortgage rate was 6.05%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.43%.

Relative Fees (Closing Costs)

Crescent Mortgage Company's average total fees/closing costs for a 30 year fixed rate mortgage were $6,025.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 289 $124,165,000 $429,637 $5,222 4.75%
Outside of Metro Areas 173 $42,525,000 $245,809 $6,313 6.82%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 79 $23,175,000 $293,354 $5,092 6.06%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 26 $9,120,000 $350,769 $8,252 6.16%
SPARTANBURG, SC (FHA|USDA|VA) 32 $8,110,000 $253,438 $5,199 6.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 19 $5,915,000 $311,316 $8,041 6.73%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 14 $4,490,000 $320,714 $8,875 6.27%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 15 $4,395,000 $293,000 $4,366 6.98%
THE VILLAGES, FL (FHA|USDA|VA) 11 $3,495,000 $317,727 $4,460 6.67%
WARNER ROBINS, GA (FHA|USDA|VA) 14 $3,130,000 $223,571 $8,303 6.31%
Helena, MT (FHA|USDA|VA) 9 $3,035,000 $337,222 $7,978 6.80%
Evanston, WY (FHA|USDA|VA) 10 $2,990,000 $299,000 $7,353 6.74%
MANKATO, MN (FHA|USDA|VA) 13 $2,815,000 $216,538 $5,662 7.07%
FAIRBANKS, AK (FHA|USDA|VA) 10 $2,630,000 $263,000 $7,776 6.47%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $2,340,000 $390,000 $5,957 6.54%
KNOXVILLE, TN (FHA|USDA|VA) 5 $1,985,000 $397,000 $5,664 6.72%
Dublin, GA (FHA|USDA|VA) 8 $1,810,000 $226,250 $8,146 7.00%
Cookeville, TN (FHA|USDA|VA) 8 $1,770,000 $221,250 $5,686 6.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,645,000 $329,000 $8,530 6.68%
LIMA, OH (FHA|USDA|VA) 7 $1,625,000 $232,143 $6,809 6.88%
GREELEY, CO (FHA|USDA|VA) 3 $1,605,000 $535,000 $7,922 6.33%
OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $1,570,000 $196,250 $4,559 7.03%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,525,000 $508,333 $8,622 6.75%
Centralia, WA (FHA|USDA|VA) 5 $1,505,000 $301,000 $7,031 7.00%
Murray, KY (FHA|USDA|VA) 8 $1,470,000 $183,750 $3,461 6.97%
JEFFERSON CITY, MO (FHA|USDA|VA) 6 $1,410,000 $235,000 $2,881 7.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 7 $1,305,000 $186,429 $7,667 6.50%
Riverton, WY (FHA|USDA|VA) 4 $1,280,000 $320,000 $7,111 7.25%
Rock Springs, WY (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,925 6.98%
DALTON, GA (FHA|USDA|VA) 3 $1,235,000 $411,667 $4,584 6.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $1,225,000 $245,000 $5,720 7.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $1,140,000 $570,000 $10,211 6.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $1,085,000 $361,667 $6,611 6.42%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $1,075,000 $358,333 $11,036 6.83%
ROME, GA (FHA|USDA|VA) 3 $1,065,000 $355,000 $7,881 6.71%
LAKE CHARLES, LA (FHA|USDA|VA) 5 $1,065,000 $213,000 $6,353 6.73%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,035,000 $207,000 $4,401 7.18%
Bozeman, MT (FHA|USDA|VA) 2 $1,010,000 $505,000 $14,848 6.44%
Grand Rapids, MN (FHA|USDA|VA) 3 $975,000 $325,000 $6,373 7.17%
Seneca, SC (FHA|USDA|VA) 2 $960,000 $480,000 $5,888 7.50%
Statesboro, GA (FHA|USDA|VA) 3 $945,000 $315,000 $10,352 6.46%
Butte-Silver Bow, MT (FHA|USDA|VA) 2 $930,000 $465,000 $6,613 6.38%
ROCHESTER, MN (FHA|USDA|VA) 4 $900,000 $225,000 $5,096 6.47%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $865,000 $288,333 $11,620 6.38%
MORRISTOWN, TN (FHA|USDA|VA) 2 $840,000 $420,000 $4,022 6.69%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $825,000 $275,000 $3,909 6.79%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $820,000 $410,000 $8,147 7.25%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $815,000 $271,667 $12,129 5.83%
Williston, ND (FHA|USDA|VA) 3 $805,000 $268,333 $5,494 6.96%
LAFAYETTE, LA (FHA|USDA|VA) 5 $785,000 $157,000 $6,038 6.63%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $780,000 $390,000 $6,355 7.06%
Calhoun, GA (FHA|USDA|VA) 2 $750,000 $375,000 $6,163 7.50%
DULUTH, MN-WI (FHA|USDA|VA) 5 $735,000 $147,000 $4,564 6.40%
BRUNSWICK, GA (FHA|USDA|VA) 1 $725,000 $725,000 $5,628 7.63%
ANCHORAGE, AK (FHA|USDA|VA) 3 $725,000 $241,667 $4,904 6.88%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $685,000 $685,000 $16,778 6.13%
CLEVELAND, TN (FHA|USDA|VA) 2 $680,000 $340,000 $8,389 7.50%
Fort Polk South, LA (FHA|USDA|VA) 2 $640,000 $320,000 $6,590 6.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $630,000 $315,000 $8,383 6.75%
Alexandria, MN (FHA|USDA|VA) 3 $615,000 $205,000 $5,797 6.50%
Greeneville, TN (FHA|USDA|VA) 4 $610,000 $152,500 $4,319 7.25%
Laramie, WY (FHA|USDA|VA) 1 $605,000 $605,000 $7,956 7.50%
OCALA, FL (FHA|USDA|VA) 2 $600,000 $300,000 $4,741 6.31%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $585,000 $585,000 $19,605 6.00%
Hutchinson, MN (FHA|USDA|VA) 3 $585,000 $195,000 $4,311 7.38%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $580,000 $290,000 $8,305 6.56%
GREAT FALLS, MT (FHA|USDA|VA) 2 $580,000 $290,000 $8,652 6.81%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $570,000 $285,000 $7,403 6.63%
CORVALLIS, OR (FHA|USDA|VA) 2 $560,000 $280,000 $5,595 7.63%
Summerville, GA (FHA|USDA|VA) 1 $515,000 $515,000 $6,183 6.88%
PROVO-OREM, UT (FHA|USDA|VA) 1 $505,000 $505,000 $9,073 6.25%
Central City, KY (FHA|USDA|VA) 1 $475,000 $475,000 $17,848 6.50%
CHEYENNE, WY (FHA|USDA|VA) 1 $475,000 $475,000 $22,533 7.13%
PITTSBURGH, PA (FHA|USDA|VA) 1 $465,000 $465,000 $11,026 6.88%
GOLDSBORO, NC (FHA|USDA|VA) 2 $460,000 $230,000 $3,907 7.13%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $455,000 $455,000 $4,166 6.49%
ST. CLOUD, MN (FHA|USDA|VA) 2 $450,000 $225,000 $1,081 6.44%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $445,000 $445,000 $17,578 7.50%
Galesburg, IL (FHA|USDA|VA) 4 $440,000 $110,000 $4,378 6.59%
Waycross, GA (FHA|USDA|VA) 4 $440,000 $110,000 $5,401 6.38%
CASPER, WY (FHA|USDA|VA) 2 $440,000 $220,000 $4,987 7.31%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $435,000 $435,000 $18,322 7.38%
Shelton, WA (FHA|USDA|VA) 1 $425,000 $425,000 $7,274 6.13%
Brainerd, MN (FHA|USDA|VA) 2 $420,000 $210,000 $6,209 6.63%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $420,000 $210,000 $5,159 6.75%
GRAND FORKS, ND-MN (FHA|USDA|VA) 2 $410,000 $205,000 $3,777 7.00%
Price, UT (FHA|USDA|VA) 3 $395,000 $131,667 $5,293 7.25%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $395,000 $395,000 $6,258 6.75%
Minden, LA (FHA|USDA|VA) 1 $395,000 $395,000 $10,755 6.63%
Jefferson, GA (FHA|USDA|VA) 1 $385,000 $385,000 $6,783 7.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $385,000 $385,000 $8,143 6.25%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $380,000 $190,000 $4,023 7.19%
RICHMOND, VA (FHA|USDA|VA) 1 $375,000 $375,000 $10,398 5.63%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $375,000 $375,000 $6,925 6.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $365,000 $365,000 $6,589 6.75%
Kalispell, MT (FHA|USDA|VA) 1 $365,000 $365,000 $9,357 6.88%
Danville, VA (FHA|USDA|VA) 1 $365,000 $365,000 $3,965 7.25%
Van Wert, OH (FHA|USDA|VA) 2 $360,000 $180,000 $6,440 6.94%
Paducah, KY-IL (FHA|USDA|VA) 2 $340,000 $170,000 $7,183 7.19%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $340,000 $170,000 $3,904 6.44%
Elko, NV (FHA|USDA|VA) 1 $335,000 $335,000 $12,447 5.25%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $335,000 $335,000 $8,019 7.00%
BOISE CITY, ID (FHA|USDA|VA) 1 $325,000 $325,000 $7,209 6.38%
GAINESVILLE, GA (FHA|USDA|VA) 1 $315,000 $315,000 $4,084 3.99%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $315,000 $315,000 $5,495 7.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $310,000 $155,000 $3,470 6.69%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,529 7.63%
Juneau, AK (FHA|USDA|VA) 1 $305,000 $305,000 $11,398 6.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $305,000 $305,000 $0 8.63%
BILLINGS, MT (FHA|USDA|VA) 1 $305,000 $305,000 $1,184 6.63%
Atmore, AL (FHA|USDA|VA) 1 $295,000 $295,000 $4,821 7.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $285,000 $285,000 $9,494 5.88%
MONROE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $6,127 5.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $9,872 6.63%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $275,000 $275,000 $9,744 6.00%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $265,000 $265,000 $4,010 6.38%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $255,000 $255,000 $8,136 6.25%
Hope, AR (FHA|USDA|VA) 1 $255,000 $255,000 $6,168 6.25%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $255,000 $255,000 $5,480 6.38%
FARGO, ND-MN (FHA|USDA|VA) 1 $255,000 $255,000 $10,136 5.75%
LaGrange, GA-AL (FHA|USDA|VA) 1 $245,000 $245,000 $7,579 7.63%
LINCOLN, NE (FHA|USDA|VA) 1 $235,000 $235,000 $8,232 6.75%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $235,000 $235,000 $1,206 6.63%
Rolla, MO (FHA|USDA|VA) 1 $225,000 $225,000 $3,985 5.88%
DOVER, DE (FHA|USDA|VA) 1 $215,000 $215,000 $3,594 6.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $10,753 6.63%
Tifton, GA (FHA|USDA|VA) 2 $210,000 $105,000 $3,999 7.25%
COLUMBIA, SC (FHA|USDA|VA) 1 $195,000 $195,000 $6,865 6.63%
SAN ANGELO, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,948 6.63%
COLUMBUS, OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,234 7.13%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.13%
BISMARCK, ND (FHA|USDA|VA) 1 $185,000 $185,000 $7,346 6.63%
Thomaston, GA (FHA|USDA|VA) 1 $175,000 $175,000 $8,694 6.13%
Union, SC (FHA|USDA|VA) 1 $175,000 $175,000 $7,856 6.00%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $175,000 $175,000 $7,103 7.13%
MORGANTOWN, WV (FHA|USDA|VA) 1 $165,000 $165,000 $5,388 7.38%
Bogalusa, LA (FHA|USDA|VA) 1 $165,000 $165,000 $3,973 6.38%
JACKSON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $5,788 5.88%
Brownwood, TX (FHA|USDA|VA) 1 $155,000 $155,000 $7,844 7.38%
Martin, TN (FHA|USDA|VA) 1 $155,000 $155,000 $3,107 6.88%
Warrensburg, MO (FHA|USDA|VA) 1 $155,000 $155,000 $3,861 6.50%
Roswell, NM (FHA|USDA|VA) 1 $145,000 $145,000 $4,098 6.63%
Bemidji, MN (FHA|USDA|VA) 1 $145,000 $145,000 $5,107 7.75%
Madisonville, KY (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.63%
BECKLEY, WV (FHA|USDA|VA) 1 $135,000 $135,000 $3,951 7.50%
Jamestown, ND (FHA|USDA|VA) 1 $125,000 $125,000 $6,550 7.00%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $115,000 $115,000 $242 7.13%
Marshall, MN (FHA|USDA|VA) 1 $115,000 $115,000 $3,150 6.75%
Lebanon, MO (FHA|USDA|VA) 1 $115,000 $115,000 $4,877 5.38%
Granbury, TX (FHA|USDA|VA) 1 $115,000 $115,000 $5,541 6.75%
Vidalia, GA (FHA|USDA|VA) 1 $105,000 $105,000 $6,789 5.88%
Mayfield, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,128 6.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,098 7.38%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $95,000 $95,000 $4,013 6.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,286 7.49%
Union City, TN (FHA|USDA|VA) 1 $85,000 $85,000 $3,860 6.75%
JACKSON, TN (FHA|USDA|VA) 1 $75,000 $75,000 $4,028 7.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $75,000 $75,000 $3,488 7.50%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $65,000 $65,000 $3,031 7.63%
Scottsbluff, NE (FHA|USDA|VA) 1 $55,000 $55,000 $3,558 7.13%
Crescent Mortgage Company's top markets include Atlanta, Greenville, Memphis, Spartanburg, and Minneapolis among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 757 $256,565,000 $338,923 $5,411 6.01%
    FHA 148 $34,790,000 $235,068 $9,224 6.47%
    VA 78 $23,900,000 $306,410 $6,066 6.43%
    USDA 38 $6,220,000 $163,684 $5,723 6.54%

    For 2023, Crescent Mortgage Company's most frequently originated type of loan was Conventional, with 757 originations. Their 2nd most popular type was FHA, with 148 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 898 $286,290,000 $318,808 $6,152 6.15%
    Refi 58 $18,080,000 $311,724 $5,098 5.56%
    Cash Out Refi 50 $13,580,000 $271,600 $5,212 6.07%
    Other 15 $3,525,000 $235,000 $4,943 6.90%

    For 2023, Crescent Mortgage Company's most frequently cited loan purpose was Home Purchase, with 898 originations. The 2nd most popular reason was Refi, with 58 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 934 $290,000,000 $310,493 $6,025 6.05%
    30+ year 52 $25,260,000 $485,769 $7,054 7.20%
    15 Year 24 $3,980,000 $165,833 $4,612 6.31%
    20 Year 9 $1,885,000 $209,444 $4,303 7.25%
    10 Year 1 $215,000 $215,000 $4,406 6.63%
    Other 1 $135,000 $135,000 $6,405 6.63%

    For 2023, Crescent Mortgage Company's most frequently cited loan duration was 30 Year, with 934 originations. The 2nd most popular length was 30+ year, with 52 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 446 $158,510,000 $355,404
    $2k-3k 168 $35,840,000 $213,333
    $3k-4k 111 $30,745,000 $276,982
    $5k+ 109 $44,875,000 $411,697
    $<1k 104 $26,400,000 $253,846
    $4k-5k 76 $23,400,000 $307,895

    Crescent Mortgage Company's average total fees were $6,025, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 446 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 436 $121,990,000 $279,794
    3-4% 229 $94,815,000 $414,039
    7-8% 222 $67,140,000 $302,432
    5-6% 112 $30,670,000 $273,839
    Over 8% 20 $6,210,000 $310,500
    4-5% 1 $385,000 $385,000

    During 2023, Crescent Mortgage Company's average interest rate for loans was 6.05%, while their most frequently originated rate bucket for loans was 6-7%, with 436 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 500 $145,160,000 $290,320 $6,140 6.10%
    $100k-200k 228 $35,120,000 $154,035 $5,220 6.66%
    $400k-600k 179 $85,755,000 $479,078 $6,875 5.53%
    $600k-1MM 61 $42,815,000 $701,885 $7,191 5.56%
    $100,000 or less 46 $3,390,000 $73,696 $3,796 6.76%
    $1MM+ 7 $9,235,000 $1,319,286 $7,162 6.78%

    2023 saw Crescent Mortgage Company place emphasis on $200k-400k loans with 500 originations, totaling $145,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 264 $89,330,000 $338,371 $6,370 6.02%
    $50k-75k 221 $46,435,000 $210,113 $5,572 6.18%
    $75k-100k 213 $55,675,000 $261,385 $5,936 6.23%
    $150k-250k 177 $77,025,000 $435,169 $6,365 5.96%
    $50k or less 74 $9,540,000 $128,919 $4,428 6.29%
    $250k+ 72 $43,470,000 $603,750 $7,333 6.33%

    Crescent Mortgage Company lent most frequently to those with incomes in the $100k-150k range, with 264 originations. The second most popular income band? $50k-75k, with 221 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 217 $67,885,000 $312,834 $5,292 5.87%
    30-36% 182 $52,650,000 $289,286 $5,812 6.23%
    42% 64 $23,020,000 $359,688 $6,181 6.15%
    44% 56 $16,950,000 $302,679 $5,733 5.60%
    50-60% 52 $15,350,000 $295,192 $8,640 6.59%
    <20% 46 $13,450,000 $292,391 $5,682 6.42%
    43% 43 $11,905,000 $276,860 $5,407 5.99%
    36% 41 $13,205,000 $322,073 $5,512 5.73%
    41% 41 $13,535,000 $330,122 $7,282 6.22%
    37% 39 $12,915,000 $331,154 $5,739 5.99%
    40% 36 $14,860,000 $412,778 $6,810 6.25%
    39% 36 $13,510,000 $375,278 $5,759 5.80%
    46% 32 $9,110,000 $284,688 $6,775 6.65%
    48% 30 $8,950,000 $298,333 $6,865 6.62%
    45% 28 $9,110,000 $325,357 $6,039 6.55%
    49% 28 $9,350,000 $333,929 $7,327 6.88%
    38% 28 $9,980,000 $356,429 $5,187 5.43%
    47% 22 $5,740,000 $260,909 $6,757 6.78%

    Crescent Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 217 originations. The next most common DTI ratio? 30-36%, with 182 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 775 $234,435,000 $302,497 $6,146 6.36%
    Black 99 $34,495,000 $348,434 $5,380 5.11%
    Not provided 96 $33,490,000 $348,854 $5,957 5.73%
    Asian 31 $11,345,000 $365,968 $5,474 5.22%
    Other Asian 6 $3,100,000 $516,667 $5,485 4.45%
    American Indian 8 $2,340,000 $292,500 $7,436 6.73%
    Asian Indian 3 $1,505,000 $501,667 $4,558 3.99%
    Korean 2 $690,000 $345,000 $4,284 3.99%
    Native Hawaiian or Islander 1 $75,000 $75,000 $4,400 7.00%

    Approval Rates

    Total approvals of all applications
    84.15%

    Crescent Mortgage Company has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    80.12%

    Crescent Mortgage Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,021 $321,475,000 $314,863

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,021 $321,475,000 $314,863

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $8,535,000 $181,596 $4,864 6.64%
    40-60% 98 $25,450,000 $259,694 $4,904 6.69%
    60-80% 225 $75,915,000 $337,400 $6,215 6.60%
    80-100% 623 $205,505,000 $329,864 $6,153 5.81%
    Over 100% 26 $5,950,000 $228,846 $7,947 6.60%
    Under 20% 2 $120,000 $60,000 $2,933 6.63%