Absolute Home Mortgage Corporation Rates, Fees & Info
Fairfield, NJLEI: 549300D4ZYLSQ5LMTV35
Tax ID: 22-3603829
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Mortgage Data
Review & Overview
Absolute Home Mortgage Corporation is a small mortgage company specializing in Home Purchase and Refi loans. Absolute Home Mortgage Corporation 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: New York, Philadelphia, Miami, Baltimore, and Tampa among others. We have data for 172 markets. (Some data included below & more in-depth data is available with an active subscription.)Absolute Home Mortgage Corporation has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Absolute Home Mortgage Corporation 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
30 Year Conventional Purchase | 6.78% | 11/17/24 |
30 Year Conventional Refi | 6.65% | 11/17/24 |
30 Year Cash-out Refi | 6.86% | 11/17/24 |
30 Year FHA Purchase | 7.48% | 11/17/24 |
30 Year FHA Refi | 7.25% | 11/17/24 |
30 Year VA Purchase | 6.52% | 11/17/24 |
30 Year VA Refi | 6.75% | 11/17/24 |
30 Year USDA Purchase | 7.00% | 11/17/24 |
30 Year USDA Refi | 7.12% | 11/17/24 |
15 Year Conventional Purchase | 6.08% | 11/17/24 |
15 Year Conventional Refi | 6.04% | 11/17/24 |
15 Year Cash-out Refi | 6.04% | 11/17/24 |
15 Year FHA Purchase | 5.68% | 11/17/24 |
15 Year FHA Refi | 5.68% | 11/17/24 |
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. |
Absolute Home Mortgage Corporation Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
7,054Origination Dollar Volume (All Markets)
$2,147,940,000ABSOLUTE HOME MORTGAGE CORPORATION - 2021
ABSOLUTE HOME MORTGAGE CORPORATION is a 2021 , due to their low .
For 2021, 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 |
---|---|---|---|---|---|
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2,489 | $869,845,000 | $349,476 | $6,596 | 3.02% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1,128 | $297,260,000 | $263,528 | $6,171 | 3.09% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 509 | $147,405,000 | $289,597 | $7,057 | 3.10% |
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 346 | $106,490,000 | $307,775 | $4,644 | 2.95% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 337 | $84,215,000 | $249,896 | $6,330 | 3.14% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 184 | $72,270,000 | $392,772 | $3,213 | 2.82% |
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 250 | $63,430,000 | $253,720 | $5,616 | 3.14% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 131 | $45,625,000 | $348,282 | $4,471 | 2.75% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 67 | $30,595,000 | $456,642 | $3,264 | 2.82% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 119 | $29,025,000 | $243,908 | $6,685 | 3.07% |
TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 105 | $25,535,000 | $243,190 | $5,175 | 3.14% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 60 | $18,410,000 | $306,833 | $4,262 | 2.87% |
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 34 | $18,050,000 | $530,882 | $3,580 | 2.73% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 43 | $15,645,000 | $363,837 | $3,577 | 2.80% |
PORT ST. LUCIE, FL (FHA|USDA|VA) | 57 | $15,605,000 | $273,772 | $8,139 | 3.11% |
JACKSONVILLE, FL (FHA|USDA|VA) | 64 | $15,070,000 | $235,469 | $5,945 | 3.07% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 45 | $12,295,000 | $273,222 | $3,669 | 2.74% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 41 | $11,545,000 | $281,585 | $4,298 | 3.01% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 38 | $10,650,000 | $280,263 | $5,984 | 3.01% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 44 | $9,800,000 | $222,727 | $3,211 | 2.76% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 34 | $9,740,000 | $286,471 | $4,174 | 2.75% |
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 43 | $9,475,000 | $220,349 | $5,140 | 3.03% |
EAST STROUDSBURG, PA (FHA|USDA|VA) | 34 | $8,570,000 | $252,059 | $7,033 | 3.19% |
RICHMOND, VA (FHA|USDA|VA) | 24 | $8,520,000 | $355,000 | $3,953 | 2.94% |
RALEIGH-CARY, NC (FHA|USDA|VA) | 21 | $7,695,000 | $366,429 | $4,266 | 2.89% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 31 | $7,565,000 | $244,032 | $3,155 | 2.66% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 30 | $7,410,000 | $247,000 | $6,936 | 3.03% |
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 32 | $7,140,000 | $223,125 | $6,862 | 3.11% |
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 18 | $6,910,000 | $383,889 | $3,006 | 2.81% |
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 26 | $6,800,000 | $261,538 | $4,055 | 2.93% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 23 | $6,465,000 | $281,087 | $4,936 | 3.16% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 40 | $6,420,000 | $160,500 | $5,676 | 2.99% |
Outside of Metro Areas | 27 | $5,965,000 | $220,926 | $4,717 | 2.85% |
SALISBURY, MD-DE (FHA|USDA|VA) | 21 | $5,645,000 | $268,810 | $5,902 | 3.04% |
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 16 | $5,580,000 | $348,750 | $5,190 | 2.89% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 17 | $5,355,000 | $315,000 | $4,971 | 3.11% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 19 | $5,215,000 | $274,474 | $7,117 | 3.08% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 19 | $5,165,000 | $271,842 | $3,895 | 2.91% |
PITTSBURGH, PA (FHA|USDA|VA) | 20 | $5,150,000 | $257,500 | $4,472 | 2.96% |
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 24 | $4,130,000 | $172,083 | $5,306 | 3.18% |
OCEAN CITY, NJ (FHA|USDA|VA) | 11 | $4,125,000 | $375,000 | $6,524 | 3.02% |
Kill Devil Hills, NC (FHA|USDA|VA) | 2 | $3,810,000 | $1,905,000 | $4,578 | 2.81% |
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 15 | $3,555,000 | $237,000 | $5,486 | 3.35% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 12 | $3,510,000 | $292,500 | $6,417 | 3.00% |
VALLEJO, CA (FHA|USDA|VA) | 8 | $3,430,000 | $428,750 | $2,898 | 2.93% |
READING, PA (FHA|USDA|VA) | 15 | $3,215,000 | $214,333 | $7,414 | 3.21% |
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 11 | $3,135,000 | $285,000 | $3,886 | 3.01% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 10 | $3,030,000 | $303,000 | $3,340 | 2.93% |
STOCKTON, CA (FHA|USDA|VA) | 10 | $2,980,000 | $298,000 | $2,942 | 2.96% |
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 9 | $2,825,000 | $313,889 | $6,965 | 3.03% |
DOVER, DE (FHA|USDA|VA) | 10 | $2,610,000 | $261,000 | $6,381 | 3.14% |
AKRON, OH (FHA|USDA|VA) | 13 | $2,465,000 | $189,615 | $5,162 | 3.11% |
FRESNO, CA (FHA|USDA|VA) | 9 | $2,355,000 | $261,667 | $3,570 | 2.71% |
COLUMBUS, OH (FHA|USDA|VA) | 9 | $2,145,000 | $238,333 | $2,386 | 2.61% |
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 9 | $2,075,000 | $230,556 | $3,961 | 2.85% |
OCALA, FL (FHA|USDA|VA) | 11 | $1,975,000 | $179,545 | $5,136 | 3.03% |
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 9 | $1,755,000 | $195,000 | $5,576 | 3.21% |
COLUMBIA, SC (FHA|USDA|VA) | 6 | $1,680,000 | $280,000 | $4,722 | 2.60% |
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 6 | $1,670,000 | $278,333 | $6,418 | 3.15% |
Key West, FL (FHA|USDA|VA) | 2 | $1,610,000 | $805,000 | $5,836 | 2.81% |
LANCASTER, PA (FHA|USDA|VA) | 7 | $1,575,000 | $225,000 | $4,973 | 2.71% |
CANTON-MASSILLON, OH (FHA|USDA|VA) | 9 | $1,555,000 | $172,778 | $6,734 | 2.78% |
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $5,804 | 2.73% |
Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $5,905 | 2.84% |
THE VILLAGES, FL (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $4,409 | 2.84% |
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $7,189 | 3.21% |
TUCSON, AZ (FHA|USDA|VA) | 6 | $1,180,000 | $196,667 | $2,968 | 2.79% |
VISALIA, CA (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $3,850 | 2.70% |
Georgetown, SC (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $5,784 | 3.18% |
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 5 | $1,115,000 | $223,000 | $6,118 | 3.20% |
CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $3,739 | 2.77% |
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 6 | $1,070,000 | $178,333 | $4,599 | 3.10% |
BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $2,473 | 2.83% |
YORK-HANOVER, PA (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $5,021 | 2.95% |
WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $3,586 | 2.93% |
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $5,174 | 2.94% |
MODESTO, CA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $2,275 | 2.81% |
EL CENTRO, CA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $2,291 | 2.91% |
REDDING, CA (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $3,643 | 3.13% |
GLENS FALLS, NY (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $6,056 | 3.09% |
SALINAS, CA (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $3,080 | 2.79% |
PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $4,278 | 3.19% |
BOULDER, CO (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $2,764 | 2.83% |
GAINESVILLE, FL (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $5,556 | 3.25% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $2,361 | 3.04% |
Hudson, NY (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $4,173 | 2.92% |
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $2,806 | 2.79% |
MADERA, CA (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $2,794 | 2.75% |
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $6,757 | 2.75% |
WINCHESTER, VA-WV (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $3,853 | 2.88% |
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $3,229 | 2.96% |
COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $6,032 | 3.00% |
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $2,736 | 2.81% |
Lake City, FL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $6,144 | 3.25% |
Clewiston, FL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $9,087 | 2.92% |
TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $6,088 | 3.22% |
Albemarle, NC (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $5,543 | 2.69% |
HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $4,709 | 2.79% |
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $5,719 | 2.83% |
NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,259 | 3.06% |
CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $2,562 | 2.63% |
ROANOKE, VA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $2,425 | 2.68% |
GETTYSBURG, PA (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $7,276 | 3.29% |
Truckee-Grass Valley, CA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $2,525 | 2.83% |
Chillicothe, OH (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $4,289 | 2.69% |
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,057 | 2.75% |
Okeechobee, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $10,566 | 3.56% |
FORT COLLINS, CO (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,946 | 2.75% |
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,987 | 2.88% |
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $2,271 | 2.83% |
Glenwood Springs, CO (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $2,685 | 2.88% |
Torrington, CT (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,394 | 3.13% |
MERCED, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $2,635 | 3.18% |
DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,994 | 2.62% |
SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $5,954 | 3.43% |
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $7,480 | 3.00% |
BURLINGTON, NC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,077 | 3.19% |
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,803 | 2.87% |
ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,759 | 3.63% |
FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,130 | 2.88% |
LEBANON, PA (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $4,599 | 3.04% |
CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,410 | 2.50% |
KINGSTON, NY (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,827 | 3.00% |
Pottsville, PA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,895 | 3.00% |
FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,967 | 4.06% |
CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,939 | 2.87% |
SEBRING-AVON PARK, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,065 | 2.81% |
NAPA, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,621 | 3.38% |
Wauchula, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $13,047 | 2.88% |
KANKAKEE, IL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $5,002 | 3.06% |
TOLEDO, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $4,782 | 2.25% |
WILMINGTON, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,885 | 3.13% |
MORRISTOWN, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,335 | 2.99% |
Palatka, FL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $6,280 | 3.36% |
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,316 | 2.99% |
Kinston, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $11,352 | 3.38% |
YUMA, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,410 | 2.88% |
Show Low, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,545 | 2.99% |
LYNCHBURG, VA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,148 | 2.88% |
CHICO, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,260 | 2.99% |
Crossville, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,315 | 2.75% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,999 | 2.50% |
Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,600 | 3.75% |
PEORIA, IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,390 | 2.87% |
Sevierville, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,215 | 2.88% |
GOLDSBORO, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,906 | 4.25% |
Bellefontaine, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,355 | 2.87% |
STAUNTON, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,775 | 3.49% |
UTICA-ROME, NY (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,931 | 3.69% |
Indiana, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,162 | 3.25% |
Gaffney, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,449 | 3.25% |
WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,020 | 2.25% |
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,950 | 2.99% |
DECATUR, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,479 | 2.63% |
SPARTANBURG, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,849 | 3.75% |
Easton, MD (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,175 | 2.63% |
PANAMA CITY, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,528 | 3.88% |
Sonora, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,221 | 2.88% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,813 | 2.99% |
Breckenridge, CO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,681 | 2.87% |
HARRISONBURG, VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,134 | 2.75% |
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,882 | 2.25% |
Arcadia, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,846 | 3.13% |
Ashtabula, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,260 | 2.75% |
Greeneville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,816 | 2.38% |
CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,195 | 2.88% |
KNOXVILLE, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,365 | 3.12% |
Forest City, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,853 | 3.00% |
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,209 | 3.63% |
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,135 | 2.88% |
ELMIRA, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,835 | 3.38% |
Cambridge, MD (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,404 | 3.75% |
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We use machine learning to identify the top lenders compared against ABSOLUTE HOME MORTGAGE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, Absolute Home Mortgage Corporation's most frequently originated type of loan was Conventional, with 5,589 originations. Their 2nd most popular type was FHA, with 1,233 originations.
Loan Reason
For 2021, Absolute Home Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 3,368 originations. The 2nd most popular reason was Refi, with 2,314 originations.
Loan Duration/Length
For 2021, Absolute Home Mortgage Corporation's most frequently cited loan duration was 30 Year, with 6,067 originations. The 2nd most popular length was 15 Year, with 531 originations.
Origination Fees/Closing Costs
Absolute Home Mortgage Corporation's average total fees were $6,240, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,402 originations.
Interest Rates
During 2021, Absolute Home Mortgage Corporation's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 2.5-3%, with 3,093 originations.
Loan Sizing
2021 saw Absolute Home Mortgage Corporation place emphasis on $200k-400k loans with 4,025 originations, totaling $1,156,265,000 in origination value.
Applicant Income
Absolute Home Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 1,724 originations. The second most popular income band? $50k-75k, with 1,529 originations.
Applicant Debt to Income Ratio
Absolute Home Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 1,185 originations. The next most common DTI ratio? 30-36%, with 1,104 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.70%
Absolute Home Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination39.99%
Absolute Home Mortgage Corporation 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 | 7,054 | $2,147,940,000 | $304,500 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
7,054 | $2,147,940,000 | $304,500 |
LTV Distribution
Complaints
Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
Absolute Home Mortgage Corporation | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |