Movement Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300DD4R4SYK5RAQ92

Tax ID: 26-0595342

2020 Data | 2019 Data | 2018 Data


Overview

Movement Mortgage is a large mortgage company specializing in Home Purchase and Refi loans. Movement Mortgage 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 include Charlotte, Seattle, Los Angeles, Washington, and San Diego among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Movement Mortgage is typically an average fee lendor.


Originations

109,779

Origination Dollar Volume (All Markets)

$29,897,105,000

Relative Rate

Movement Mortgage 's average 30 year fixed rate mortgage was 3.24%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.12%.

Relative Fees

Movement Mortgage 's average total fees for a 30 year fixed rate mortgage are $5,044.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 77,685 $21,631,085,000 $278,446 $4,055 3.17%
FHA 16,732 $3,883,660,000 $232,110 $8,050 3.34%
VA 12,177 $3,800,595,000 $312,113 $5,607 3.05%
USDA 3,185 $581,765,000 $182,658 $5,117 3.01%

For the 2020 period, Movement Mortgage 's most frequently originated loan type was Conventional, with 77,685 originations. Their 2nd most popular type is FHA, with 16,732 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 66,135 $17,239,415,000 $260,670 $5,441 3.19%
Refi 28,477 $8,301,095,000 $291,502 $3,907 3.12%
Cash Out Refi 13,920 $4,021,420,000 $288,895 $4,226 3.19%
Home Improvement 1,215 $329,495,000 $271,189 $4,999 3.36%
Other 32 $5,680,000 $177,500 $3,880 4.43%

For the 2020, Movement Mortgage 's most frequently cited loan purpose was Home Purchase, with 66,135 originations. The 2nd most popular reason was Refi, with 28,477 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 98,190 $27,287,960,000 $277,910 $5,044 3.22%
15 Year 7,398 $1,686,280,000 $227,937 $3,593 2.74%
20 Year 1,772 $435,680,000 $245,869 $3,549 3.12%
Other 1,610 $426,820,000 $265,106 $3,314 2.92%
10 Year 502 $57,870,000 $115,279 $2,212 3.15%
3 Year 297 $2,155,000 $7,256 $987 0.02%
5 Year 10 $340,000 $34,000 $2,725 0.41%

For the 2020, Movement Mortgage 's most frequently cited loan length was 30 Year, with 98,190 originations. The 2nd most popular length was 15 Year, with 7,398 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 62,455 $16,723,665,000 $267,771
$2k-3k 11,849 $3,081,285,000 $260,046
$<1k 10,834 $2,535,660,000 $234,047
$3k-4k 9,464 $2,874,160,000 $303,694
$5k+ 4,230 $1,853,360,000 $438,147

$5,044 was Movement Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 62,455 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
CHARLOTTE-CONCORD-GASTONIA, NC-SC 9,058 $2,392,900,000 $264,175 $4,189 3.18%
Outside of Metro Areas 8,253 $1,828,655,000 $221,575 $4,636 3.18%
SEATTLE-BELLEVUE-KENT, WA 2,354 $1,039,280,000 $441,495 $5,818 3.12%
LOS ANGELES-LONG BEACH-GLENDALE, CA 1,882 $985,380,000 $523,581 $6,317 3.17%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 2,515 $888,035,000 $353,095 $5,882 3.09%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 1,761 $796,395,000 $452,240 $5,725 3.10%
RALEIGH-CARY, NC 2,786 $778,470,000 $279,422 $3,905 3.10%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 2,325 $755,795,000 $325,073 $3,972 3.12%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 2,136 $754,030,000 $353,010 $5,175 3.14%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 2,616 $620,190,000 $237,076 $5,095 3.17%
TACOMA-LAKEWOOD, WA 1,848 $615,620,000 $333,128 $6,123 3.05%
PROVIDENCE-WARWICK, RI-MA 1,780 $513,590,000 $288,534 $4,755 3.21%
DENVER-AURORA-LAKEWOOD, CO 1,456 $512,940,000 $352,294 $4,247 3.18%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1,961 $495,285,000 $252,568 $5,435 3.16%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 1,796 $475,770,000 $264,905 $4,833 3.24%
PHOENIX-MESA-CHANDLER, AZ 1,504 $423,310,000 $281,456 $4,170 3.18%
BOISE CITY, ID 1,574 $402,160,000 $255,502 $5,451 3.25%
ASHEVILLE, NC 1,462 $399,960,000 $273,570 $3,774 3.19%
RICHMOND, VA 1,720 $398,230,000 $231,529 $4,828 3.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1,170 $382,070,000 $326,556 $5,691 3.16%
ORLANDO-KISSIMMEE-SANFORD, FL 1,255 $341,975,000 $272,490 $5,330 3.23%
CHATTANOOGA, TN-GA 1,485 $337,785,000 $227,465 $3,699 3.14%
NEW ORLEANS-METAIRIE, LA 1,321 $319,245,000 $241,669 $4,594 3.20%
CHARLESTON-NORTH CHARLESTON, SC 1,070 $310,160,000 $289,869 $5,037 3.12%
PHILADELPHIA, PA 1,054 $306,680,000 $290,968 $5,651 3.17%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 939 $289,915,000 $308,749 $5,765 3.13%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 880 $280,080,000 $318,273 $5,251 3.12%
DALLAS-PLANO-IRVING, TX 980 $266,890,000 $272,337 $5,410 3.09%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 753 $247,305,000 $328,426 $5,260 3.19%
KNOXVILLE, TN 1,094 $246,320,000 $225,155 $4,240 3.12%
JACKSONVILLE, FL 953 $241,715,000 $253,636 $5,049 3.22%
ANAHEIM-SANTA ANA-IRVINE, CA 457 $234,875,000 $513,950 $6,255 3.12%
HILTON HEAD ISLAND-BLUFFTON, SC 824 $234,120,000 $284,126 $4,140 3.22%
SAN ANTONIO-NEW BRAUNFELS, TX 1,064 $229,390,000 $215,592 $5,751 2.91%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 860 $215,440,000 $250,512 $5,028 3.21%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 957 $200,065,000 $209,054 $4,032 3.30%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 639 $198,785,000 $311,088 $5,233 3.14%
PITTSBURGH, PA 950 $198,440,000 $208,884 $5,212 3.23%
NEWARK, NJ-PA 561 $189,535,000 $337,852 $6,129 3.16%
COLORADO SPRINGS, CO 566 $188,880,000 $333,710 $5,776 3.02%
DURHAM-CHAPEL HILL, NC 691 $188,265,000 $272,453 $4,052 3.13%
CAPE CORAL-FORT MYERS, FL 779 $175,605,000 $225,424 $4,909 3.30%
SALISBURY, MD-DE 716 $174,690,000 $243,980 $4,524 3.23%
GREENSBORO-HIGH POINT, NC 833 $172,735,000 $207,365 $4,309 3.18%
NEW BRUNSWICK-LAKEWOOD, NJ 528 $170,040,000 $322,045 $5,590 3.13%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 399 $163,635,000 $410,113 $6,525 3.17%
GREENVILLE-ANDERSON, SC 774 $161,630,000 $208,824 $4,416 3.26%
FAYETTEVILLE, NC 784 $151,720,000 $193,520 $4,798 3.14%
BALTIMORE-COLUMBIA-TOWSON, MD 505 $146,835,000 $290,762 $5,598 3.18%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 556 $142,210,000 $255,773 $4,517 3.10%
ROANOKE, VA 693 $141,415,000 $204,062 $3,684 3.17%
OXNARD-THOUSAND OAKS-VENTURA, CA 315 $140,775,000 $446,905 $5,885 3.14%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 586 $140,390,000 $239,573 $5,785 3.09%
LYNCHBURG, VA 775 $138,535,000 $178,755 $3,912 3.20%
COLUMBIA, SC 649 $136,685,000 $210,609 $4,211 3.17%
JACKSONVILLE, NC 727 $136,605,000 $187,902 $4,631 3.23%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 602 $136,480,000 $226,711 $5,303 3.20%
WINSTON-SALEM, NC 681 $136,375,000 $200,257 $4,275 3.26%
CHICAGO-NAPERVILLE-EVANSTON, IL 437 $130,635,000 $298,936 $5,476 3.21%
LAS VEGAS-HENDERSON-PARADISE, NV 444 $121,760,000 $274,234 $5,010 3.30%
BIRMINGHAM-HOOVER, AL 509 $115,035,000 $226,002 $4,136 3.29%
TALLAHASSEE, FL 502 $114,510,000 $228,108 $5,034 3.20%
KANSAS CITY, MO-KS 523 $111,425,000 $213,050 $3,305 3.31%
BATON ROUGE, LA 495 $109,075,000 $220,354 $5,178 3.21%
WILMINGTON, NC 426 $109,030,000 $255,939 $4,327 3.17%
OLYMPIA-LACEY-TUMWATER, WA 363 $108,565,000 $299,077 $5,947 2.89%
ANCHORAGE, AK 346 $108,450,000 $313,439 $5,526 3.14%
YORK-HANOVER, PA 509 $103,955,000 $204,234 $5,622 3.15%
OAKLAND-BERKELEY-LIVERMORE, CA 228 $102,630,000 $450,132 $6,873 3.17%
BOSTON, MA 257 $98,485,000 $383,210 $5,585 3.15%
SPRINGFIELD, MA 423 $96,585,000 $228,333 $6,107 3.27%
HUNTSVILLE, AL 405 $95,725,000 $236,358 $4,310 3.18%
MANCHESTER-NASHUA, NH 354 $95,100,000 $268,644 $4,147 3.19%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 237 $90,465,000 $381,709 $5,056 3.21%
HICKORY-LENOIR-MORGANTON, NC 377 $89,375,000 $237,069 $4,135 3.18%
RENO, NV 268 $89,370,000 $333,470 $4,198 3.10%
SPOKANE-SPOKANE VALLEY, WA 449 $88,555,000 $197,227 $4,239 2.77%
NAPLES-MARCO ISLAND, FL 302 $87,440,000 $289,536 $5,366 3.22%
DAPHNE-FAIRHOPE-FOLEY, AL 321 $83,875,000 $261,293 $3,711 3.31%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 358 $83,540,000 $233,352 $5,711 3.24%
SPARTANBURG, SC 441 $83,315,000 $188,923 $4,750 3.25%
MEDFORD, OR 304 $81,140,000 $266,908 $5,205 3.27%
NORTH PORT-SARASOTA-BRADENTON, FL 302 $77,760,000 $257,483 $5,073 3.33%
ALBANY-LEBANON, OR 288 $75,900,000 $263,542 $5,800 3.19%
CAMDEN, NJ 282 $70,870,000 $251,312 $5,473 3.22%
AUGUSTA-RICHMOND COUNTY, GA-SC 328 $68,500,000 $208,841 $4,682 3.11%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 241 $68,285,000 $283,340 $5,735 3.31%
NASSAU COUNTY-SUFFOLK COUNTY, NY 151 $65,385,000 $433,013 $8,395 3.21%
LAKELAND-WINTER HAVEN, FL 299 $64,985,000 $217,341 $4,877 3.35%
STOCKTON, CA 226 $64,800,000 $286,726 $5,975 3.02%
NEW BERN, NC 341 $64,125,000 $188,050 $4,059 3.21%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 337 $62,785,000 $186,306 $4,078 3.26%
SALEM, OR 212 $62,600,000 $295,283 $5,623 3.24%
HUNTINGTON-ASHLAND, WV-KY-OH 382 $60,230,000 $157,670 $4,998 3.26%
URBAN HONOLULU, HI 112 $59,990,000 $535,625 $6,183 2.97%
SAVANNAH, GA 251 $58,335,000 $232,410 $4,906 3.23%
WICHITA, KS 346 $58,220,000 $168,266 $3,987 3.44%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 159 $57,775,000 $363,365 $5,609 3.11%
MODESTO, CA 238 $56,450,000 $237,185 $5,440 3.04%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 246 $55,810,000 $226,870 $5,012 3.24%
BELLINGHAM, WA 170 $55,360,000 $325,647 $4,406 3.17%
ATHENS-CLARKE COUNTY, GA 259 $54,685,000 $211,139 $4,415 3.27%
NEW HAVEN-MILFORD, CT 229 $53,595,000 $234,039 $6,310 3.22%
EL PASO, TX 362 $52,320,000 $144,530 $5,688 2.80%
JOHNSON CITY, TN 277 $51,745,000 $186,805 $3,747 3.09%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 91 $50,825,000 $558,516 $6,196 3.28%
CHICO, CA 168 $50,500,000 $300,595 $5,899 3.22%
WORCESTER, MA-CT 187 $50,105,000 $267,941 $5,093 3.19%
WILMINGTON, DE-MD-NJ 185 $49,485,000 $267,486 $5,368 3.16%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 160 $49,480,000 $309,250 $4,238 3.20%
CHARLOTTESVILLE, VA 183 $45,625,000 $249,317 $4,314 3.25%
REDDING, CA 182 $44,820,000 $246,264 $5,078 3.20%
BRIDGEPORT-STAMFORD-NORWALK, CT 132 $44,220,000 $335,000 $6,132 3.14%
BUFFALO-CHEEKTOWAGA, NY 209 $43,365,000 $207,488 $4,746 3.23%
HARRISONBURG, VA 190 $42,700,000 $224,737 $3,902 3.15%
SUMTER, SC 215 $42,425,000 $197,326 $4,075 3.16%
TUCSON, AZ 193 $42,345,000 $219,404 $4,465 3.26%
KAHULUI-WAILUKU-LAHAINA, HI 88 $40,800,000 $463,636 $7,460 3.36%
CORVALLIS, OR 130 $40,240,000 $309,538 $5,483 3.12%
SHREVEPORT-BOSSIER CITY, LA 179 $38,925,000 $217,458 $4,919 3.27%
SEBASTIAN-VERO BEACH, FL 188 $38,450,000 $204,521 $4,481 3.33%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 140 $37,970,000 $271,214 $5,919 3.23%
ROCHESTER, NY 237 $37,715,000 $159,135 $4,982 3.21%
PARKERSBURG-VIENNA, WV 223 $35,605,000 $159,664 $4,403 3.27%
WATERTOWN-FORT DRUM, NY 177 $34,475,000 $194,774 $5,286 3.15%
SYRACUSE, NY 205 $34,045,000 $166,073 $4,816 3.19%
GOLDSBORO, NC 180 $33,930,000 $188,500 $4,285 3.08%
ERIE, PA 214 $33,750,000 $157,710 $4,897 3.34%
PALM BAY-MELBOURNE-TITUSVILLE, FL 133 $33,265,000 $250,113 $6,326 3.24%
BLACKSBURG-CHRISTIANSBURG, VA 156 $32,420,000 $207,821 $3,781 3.33%
MIAMI-MIAMI BEACH-KENDALL, FL 107 $32,085,000 $299,860 $6,134 3.31%
HAMMOND, LA 165 $31,495,000 $190,879 $4,859 3.19%
COLUMBUS, OH 144 $30,040,000 $208,611 $4,481 3.18%
KINGSPORT-BRISTOL, TN-VA 157 $29,165,000 $185,764 $3,742 3.18%
YUBA CITY, CA 100 $28,850,000 $288,500 $5,800 3.22%
MEMPHIS, TN-MS-AR 110 $28,750,000 $261,364 $4,676 3.25%
STAUNTON, VA 137 $28,125,000 $205,292 $4,391 3.25%
OMAHA-COUNCIL BLUFFS, NE-IA 117 $27,845,000 $237,991 $3,690 3.22%
LOGAN, UT-ID 104 $27,510,000 $264,519 $4,376 3.15%
BECKLEY, WV 203 $27,475,000 $135,345 $4,049 3.38%
GREELEY, CO 91 $27,195,000 $298,846 $4,811 3.01%
BURLINGTON, NC 138 $26,630,000 $192,971 $4,242 3.17%
MONROE, LA 139 $26,105,000 $187,806 $5,408 3.37%
BURLINGTON-SOUTH BURLINGTON, VT 96 $25,220,000 $262,708 $4,363 3.01%
TWIN FALLS, ID 144 $25,070,000 $174,097 $4,536 3.24%
TULSA, OK 109 $24,875,000 $228,211 $4,877 3.26%
MCALLEN-EDINBURG-MISSION, TX 131 $24,615,000 $187,901 $6,916 3.34%
CINCINNATI, OH-KY-IN 122 $24,140,000 $197,869 $4,864 3.27%
LAREDO, TX 119 $22,935,000 $192,731 $7,214 3.26%
OGDEN-CLEARFIELD, UT 79 $22,035,000 $278,924 $5,248 3.32%
LAWRENCE, KS 100 $21,880,000 $218,800 $2,985 3.28%
VINELAND-BRIDGETON, NJ 130 $21,560,000 $165,846 $6,241 3.33%
VALLEJO, CA 56 $20,840,000 $372,143 $5,571 3.21%
MOUNT VERNON-ANACORTES, WA 65 $20,395,000 $313,769 $6,387 3.14%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 64 $20,210,000 $315,781 $5,710 3.21%
DES MOINES-WEST DES MOINES, IA 119 $19,985,000 $167,941 $4,030 3.39%
WARREN-TROY-FARMINGTON HILLS, MI 110 $19,970,000 $181,545 $3,639 3.20%
LONGVIEW, WA 70 $19,760,000 $282,286 $4,884 3.14%
SANTA MARIA-SANTA BARBARA, CA 51 $19,155,000 $375,588 $6,614 3.02%
CHARLESTON, WV 121 $18,635,000 $154,008 $5,471 3.18%
READING, PA 87 $18,305,000 $210,402 $5,221 3.13%
LANCASTER, PA 80 $18,190,000 $227,375 $5,731 3.18%
CARSON CITY, NV 60 $18,110,000 $301,833 $4,500 3.25%
OCEAN CITY, NJ 61 $17,785,000 $291,557 $4,245 3.19%
TYLER, TX 74 $17,750,000 $239,865 $4,977 3.21%
NORWICH-NEW LONDON, CT 69 $17,445,000 $252,826 $5,093 3.21%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 31 $17,145,000 $553,065 $7,223 3.31%
BOULDER, CO 53 $17,065,000 $321,981 $4,542 2.98%
FLORENCE, SC 81 $16,995,000 $209,815 $5,051 3.24%
TRENTON-PRINCETON, NJ 57 $16,755,000 $293,947 $5,060 3.12%
FRESNO, CA 68 $16,660,000 $245,000 $4,926 3.29%
CLEVELAND, TN 74 $16,650,000 $225,000 $3,611 3.09%
GREENVILLE, NC 75 $16,135,000 $215,133 $4,385 3.17%
LEXINGTON-FAYETTE, KY 86 $16,020,000 $186,279 $4,166 3.33%
EAST STROUDSBURG, PA 84 $15,970,000 $190,119 $5,166 3.17%
PORT ST. LUCIE, FL 64 $15,630,000 $244,219 $5,443 3.31%
BOWLING GREEN, KY 79 $15,605,000 $197,532 $4,257 3.02%
LAS CRUCES, NM 78 $15,480,000 $198,462 $3,250 3.32%
BINGHAMTON, NY 98 $14,780,000 $150,816 $5,756 3.21%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 50 $14,590,000 $291,800 $5,719 3.07%
PORTLAND-SOUTH PORTLAND, ME 49 $14,295,000 $291,735 $3,729 3.06%
DALTON, GA 83 $14,285,000 $172,108 $4,316 3.20%
OKLAHOMA CITY, OK 54 $14,250,000 $263,889 $5,206 3.37%
SAN LUIS OBISPO-PASO ROBLES, CA 35 $13,865,000 $396,143 $5,003 3.22%
PRESCOTT VALLEY-PRESCOTT, AZ 51 $13,845,000 $271,471 $5,438 3.36%
HARRISBURG-CARLISLE, PA 70 $13,700,000 $195,714 $5,192 3.15%
COEUR D'ALENE, ID 46 $13,590,000 $295,435 $4,062 3.04%
BEND, OR 38 $13,010,000 $342,368 $4,679 3.21%
ST. LOUIS, MO-IL 57 $12,985,000 $227,807 $3,237 3.44%
PUNTA GORDA, FL 53 $12,745,000 $240,472 $5,439 3.21%
MERCED, CA 54 $12,450,000 $230,556 $5,746 2.85%
DAYTON-KETTERING, OH 71 $12,115,000 $170,634 $4,703 3.26%
HOMOSASSA SPRINGS, FL 63 $11,745,000 $186,429 $4,316 3.45%
PANAMA CITY, FL 44 $11,670,000 $265,227 $4,957 3.20%
ELMIRA, NY 82 $11,220,000 $136,829 $4,627 3.18%
CLARKSVILLE, TN-KY 51 $10,755,000 $210,882 $4,404 3.21%
ALBANY-SCHENECTADY-TROY, NY 45 $10,625,000 $236,111 $5,248 3.18%
DOVER, DE 41 $10,595,000 $258,415 $5,870 3.13%
ATLANTIC CITY-HAMMONTON, NJ 49 $10,555,000 $215,408 $5,473 3.18%
BAKERSFIELD, CA 52 $10,520,000 $202,308 $4,835 3.41%
EUGENE-SPRINGFIELD, OR 34 $9,850,000 $289,706 $5,158 3.22%
WENATCHEE, WA 33 $9,775,000 $296,212 $4,992 3.14%
FORT COLLINS, CO 30 $9,770,000 $325,667 $4,645 3.11%
GAINESVILLE, FL 61 $9,615,000 $157,623 $4,431 3.25%
PENSACOLA-FERRY PASS-BRENT, FL 45 $9,595,000 $213,222 $5,108 3.38%
MORRISTOWN, TN 40 $9,580,000 $239,500 $3,932 3.08%
ELGIN, IL 38 $9,200,000 $242,105 $5,565 3.23%
INDIANAPOLIS-CARMEL-ANDERSON, IN 51 $9,075,000 $177,941 $3,204 3.82%
MILWAUKEE-WAUKESHA, WI 43 $8,995,000 $209,186 $3,285 3.41%
SALINAS, CA 21 $8,875,000 $422,619 $4,274 3.12%
SANTA ROSA-PETALUMA, CA 21 $8,675,000 $413,095 $4,651 3.27%
SPRINGFIELD, MO 44 $8,510,000 $193,409 $4,188 3.07%
LAKE HAVASU CITY-KINGMAN, AZ 31 $8,165,000 $263,387 $3,536 3.28%
GAINESVILLE, GA 36 $8,150,000 $226,389 $4,436 3.10%
ROCKY MOUNT, NC 44 $8,080,000 $183,636 $4,457 3.17%
SHERMAN-DENISON, TX 38 $7,620,000 $200,526 $5,015 3.36%
UTICA-ROME, NY 45 $7,375,000 $163,889 $6,308 3.32%
LAFAYETTE, LA 38 $7,130,000 $187,632 $4,324 3.02%
MOBILE, AL 37 $7,015,000 $189,595 $4,891 3.31%
SALT LAKE CITY, UT 19 $6,975,000 $367,105 $4,561 3.35%
CALIFORNIA-LEXINGTON PARK, MD 22 $6,870,000 $312,273 $5,611 2.84%
CLEVELAND-ELYRIA, OH 37 $6,585,000 $177,973 $3,611 3.19%
DUBUQUE, IA 37 $6,335,000 $171,216 $4,331 3.17%
MIDLAND, TX 29 $6,185,000 $213,276 $6,383 3.35%
OCALA, FL 38 $6,140,000 $161,579 $4,267 3.19%
GRANTS PASS, OR 18 $6,050,000 $336,111 $6,443 3.29%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 22 $6,050,000 $275,000 $4,611 3.34%
FLAGSTAFF, AZ 18 $5,710,000 $317,222 $4,353 3.05%
SANTA CRUZ-WATSONVILLE, CA 10 $5,630,000 $563,000 $3,576 3.14%
ANN ARBOR, MI 25 $5,625,000 $225,000 $2,836 3.17%
BARNSTABLE TOWN, MA 16 $5,520,000 $345,000 $4,966 3.02%
HAGERSTOWN-MARTINSBURG, MD-WV 22 $5,270,000 $239,545 $5,725 3.41%
DECATUR, AL 29 $5,265,000 $181,552 $4,382 3.28%
GULFPORT-BILOXI, MS 27 $5,145,000 $190,556 $4,253 3.10%
PUEBLO, CO 19 $4,925,000 $259,211 $5,357 3.07%
KILLEEN-TEMPLE, TX 26 $4,830,000 $185,769 $4,167 3.27%
WINCHESTER, VA-WV 18 $4,670,000 $259,444 $4,305 3.35%
CORPUS CHRISTI, TX 24 $4,500,000 $187,500 $6,466 2.95%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 18 $4,490,000 $249,444 $3,150 3.19%
SCRANTON--WILKES-BARRE, PA 25 $4,445,000 $177,800 $5,348 3.17%
TOPEKA, KS 27 $4,375,000 $162,037 $3,642 3.33%
MANHATTAN, KS 22 $4,310,000 $195,909 $4,591 3.21%
GETTYSBURG, PA 22 $4,060,000 $184,545 $4,911 3.27%
MORGANTOWN, WV 20 $4,020,000 $201,000 $4,861 3.46%
KENNEWICK-RICHLAND, WA 15 $3,855,000 $257,000 $4,671 3.08%
SAN RAFAEL, CA 7 $3,775,000 $539,286 $4,784 3.02%
YAKIMA, WA 16 $3,720,000 $232,500 $4,708 2.86%
THE VILLAGES, FL 17 $3,675,000 $216,176 $4,759 3.48%
ITHACA, NY 14 $3,650,000 $260,714 $6,264 3.19%
ALBUQUERQUE, NM 12 $3,440,000 $286,667 $2,961 3.22%
PROVO-OREM, UT 12 $3,370,000 $280,833 $4,927 3.24%
GARY, IN 12 $3,210,000 $267,500 $4,218 3.08%
DETROIT-DEARBORN-LIVONIA, MI 19 $3,205,000 $168,684 $4,420 3.35%
WARNER ROBINS, GA 15 $3,065,000 $204,333 $5,098 3.43%
LONGVIEW, TX 15 $2,925,000 $195,000 $6,113 3.19%
BEAUMONT-PORT ARTHUR, TX 12 $2,540,000 $211,667 $5,571 3.36%
ODESSA, TX 16 $2,520,000 $157,500 $4,880 3.12%
ELIZABETHTOWN-FORT KNOX, KY 17 $2,465,000 $145,000 $3,855 2.83%
DULUTH, MN-WI 11 $2,415,000 $219,545 $4,989 3.03%
BROWNSVILLE-HARLINGEN, TX 14 $2,320,000 $165,714 $4,689 3.48%
NAPA, CA 7 $2,295,000 $327,857 $4,727 3.13%
AKRON, OH 12 $2,280,000 $190,000 $3,528 3.01%
SIERRA VISTA-DOUGLAS, AZ 12 $2,260,000 $188,333 $4,595 3.18%
TUSCALOOSA, AL 12 $2,250,000 $187,500 $3,906 3.43%
KINGSTON, NY 7 $2,225,000 $317,857 $4,772 3.03%
IDAHO FALLS, ID 10 $2,200,000 $220,000 $4,713 3.33%
COLLEGE STATION-BRYAN, TX 10 $2,190,000 $219,000 $4,665 3.37%
EL CENTRO, CA 15 $2,145,000 $143,000 $5,262 3.15%
LEBANON, PA 15 $2,115,000 $141,000 $4,924 3.58%
MONTGOMERY, AL 8 $2,090,000 $261,250 $4,101 2.95%
COLUMBUS, GA-AL 10 $2,080,000 $208,000 $5,045 3.14%
HOUMA-THIBODAUX, LA 10 $2,020,000 $202,000 $4,130 3.26%
ST. GEORGE, UT 11 $1,885,000 $171,364 $3,894 3.27%
BRUNSWICK, GA 8 $1,740,000 $217,500 $4,747 3.20%
LAKE CHARLES, LA 6 $1,640,000 $273,333 $4,282 3.08%
MACON-BIBB COUNTY, GA 8 $1,640,000 $205,000 $4,352 3.69%
MADISON, WI 5 $1,625,000 $325,000 $5,098 3.51%
WACO, TX 9 $1,615,000 $179,444 $4,628 3.15%
ALBANY, GA 8 $1,520,000 $190,000 $4,320 3.44%
BLOOMSBURG-BERWICK, PA 6 $1,460,000 $243,333 $5,730 3.23%
WICHITA FALLS, TX 9 $1,435,000 $159,444 $5,180 3.16%
HINESVILLE, GA 8 $1,390,000 $173,750 $2,511 3.48%
POCATELLO, ID 9 $1,335,000 $148,333 $3,795 3.67%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 8 $1,320,000 $165,000 $4,319 3.41%
ST. CLOUD, MN 8 $1,310,000 $163,750 $3,839 2.80%
WILLIAMSPORT, PA 6 $1,290,000 $215,000 $7,750 3.28%
AUBURN-OPELIKA, AL 7 $1,275,000 $182,143 $3,603 2.99%
PITTSFIELD, MA 5 $1,265,000 $253,000 $4,706 3.24%
FLINT, MI 8 $1,260,000 $157,500 $3,944 3.35%
VALDOSTA, GA 7 $1,255,000 $179,286 $4,402 3.11%
CHAMBERSBURG-WAYNESBORO, PA 6 $1,250,000 $208,333 $4,833 3.31%
RACINE, WI 6 $1,240,000 $206,667 $3,116 3.56%
ALEXANDRIA, LA 4 $1,210,000 $302,500 $4,062 3.19%
SEBRING-AVON PARK, FL 8 $1,200,000 $150,000 $4,913 3.69%
ST. JOSEPH, MO-KS 7 $1,095,000 $156,429 $3,175 3.30%
VISALIA, CA 5 $1,095,000 $219,000 $4,027 2.99%
LINCOLN, NE 5 $1,095,000 $219,000 $3,652 2.90%
CAPE GIRARDEAU, MO-IL 8 $1,060,000 $132,500 $3,175 3.07%
AMARILLO, TX 6 $1,010,000 $168,333 $3,007 2.80%
GRAND JUNCTION, CO 5 $1,005,000 $201,000 $4,760 2.56%
LUBBOCK, TX 6 $1,000,000 $166,667 $4,312 3.24%
SPRINGFIELD, OH 7 $985,000 $140,714 $4,846 3.21%
COLUMBIA, MO 7 $975,000 $139,286 $3,109 3.08%
ALTOONA, PA 4 $940,000 $235,000 $4,106 3.36%
MICHIGAN CITY-LA PORTE, IN 3 $895,000 $298,333 $2,676 3.23%
MADERA, CA 4 $880,000 $220,000 $6,688 3.33%
CANTON-MASSILLON, OH 4 $800,000 $200,000 $3,533 2.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 2 $770,000 $385,000 $2,197 2.72%
YUMA, AZ 4 $760,000 $190,000 $5,901 3.06%
JEFFERSON CITY, MO 5 $735,000 $147,000 $3,887 3.37%
CUMBERLAND, MD-WV 4 $710,000 $177,500 $7,069 2.66%
FAIRBANKS, AK 2 $710,000 $355,000 $6,006 3.19%
VICTORIA, TX 5 $705,000 $141,000 $4,486 2.58%
WALLA WALLA, WA 2 $690,000 $345,000 $7,220 3.25%
LEWISTON-AUBURN, ME 3 $665,000 $221,667 $4,426 3.50%
DOTHAN, AL 5 $655,000 $131,000 $2,921 2.95%
EVANSVILLE, IN-KY 4 $610,000 $152,500 $3,373 3.84%
JANESVILLE-BELOIT, WI 2 $610,000 $305,000 $4,686 3.19%
TOLEDO, OH 3 $605,000 $201,667 $6,663 2.96%
GRAND RAPIDS-KENTWOOD, MI 3 $575,000 $191,667 $1,889 3.40%
ROCHESTER, MN 2 $560,000 $280,000 $4,516 3.28%
STATE COLLEGE, PA 2 $540,000 $270,000 $5,364 3.03%
JACKSON, MS 2 $530,000 $265,000 $4,980 3.19%
KANKAKEE, IL 3 $525,000 $175,000 $6,188 3.46%
JOPLIN, MO 3 $515,000 $171,667 $5,816 3.04%
HATTIESBURG, MS 3 $485,000 $161,667 $4,196 3.29%
TEXARKANA, TX-AR 2 $480,000 $240,000 $6,467 3.06%
BATTLE CREEK, MI 2 $480,000 $240,000 $2,377 3.75%
MANKATO, MN 3 $475,000 $158,333 $2,897 3.33%
SAN ANGELO, TX 2 $460,000 $230,000 $7,437 2.88%
LEWISTON, ID-WA 3 $435,000 $145,000 $4,492 2.33%
ROME, GA 3 $435,000 $145,000 $2,904 2.71%
GLENS FALLS, NY 2 $430,000 $215,000 $3,963 3.13%
MANSFIELD, OH 2 $430,000 $215,000 $3,495 3.22%
JACKSON, MI 2 $420,000 $210,000 $3,670 3.18%
GADSDEN, AL 3 $405,000 $135,000 $2,735 3.92%
JOHNSTOWN, PA 4 $400,000 $100,000 $4,630 3.15%
MONROE, MI 2 $390,000 $195,000 $6,048 4.06%
HANFORD-CORCORAN, CA 1 $335,000 $335,000 $14,672 3.50%
AMES, IA 3 $335,000 $111,667 $5,545 3.75%
ELKHART-GOSHEN, IN 2 $330,000 $165,000 $1,714 3.94%
GRAND FORKS, ND-MN 2 $310,000 $155,000 $3,125 3.31%
COLUMBUS, IN 1 $275,000 $275,000 $2,624 3.88%
CHEYENNE, WY 1 $265,000 $265,000 $4,368 2.75%
LANSING-EAST LANSING, MI 1 $265,000 $265,000 $10,505 2.75%
ABILENE, TX 1 $245,000 $245,000 $7,924 3.75%
WATERLOO-CEDAR FALLS, IA 2 $240,000 $120,000 $5,053 3.38%
OSHKOSH-NEENAH, WI 2 $240,000 $120,000 $2,821 2.69%
DECATUR, IL 1 $235,000 $235,000 $1,917 2.88%
IOWA CITY, IA 1 $225,000 $225,000 $2,711 2.63%
LAWTON, OK 1 $225,000 $225,000 $6,722 3.38%
FLORENCE-MUSCLE SHOALS, AL 1 $225,000 $225,000 $2,590 2.75%
SANTA FE, NM 1 $225,000 $225,000 $2,515 3.50%
CARBONDALE-MARION, IL 2 $220,000 $110,000 $2,656 3.56%
JACKSON, TN 1 $205,000 $205,000 $3,044 2.81%
MIDLAND, MI 1 $195,000 $195,000 $6,810 3.75%
BANGOR, ME 2 $190,000 $95,000 $2,725 3.75%
CEDAR RAPIDS, IA 1 $185,000 $185,000 $9,775 3.13%
LA CROSSE-ONALASKA, WI-MN 1 $185,000 $185,000 $0 2.75%
BLOOMINGTON, IN 1 $175,000 $175,000 $2,267 3.00%
LAFAYETTE-WEST LAFAYETTE, IN 1 $145,000 $145,000 $2,410 3.19%
GREEN BAY, WI 1 $145,000 $145,000 $5,875 3.63%
WHEELING, WV-OH 1 $135,000 $135,000 $3,565 3.88%
ANNISTON-OXFORD, AL 1 $135,000 $135,000 $2,682 2.63%
ENID, OK 1 $115,000 $115,000 $3,655 2.25%
KALAMAZOO-PORTAGE, MI 1 $115,000 $115,000 $2,606 2.99%
FORT SMITH, AR-OK 1 $105,000 $105,000 $0 2.63%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $105,000 $105,000 $2,472 3.25%
OWENSBORO, KY 1 $95,000 $95,000 $3,309 2.99%
TERRE HAUTE, IN 1 $75,000 $75,000 $3,011 3.63%
BAY CITY, MI 1 $65,000 $65,000 $3,023 3.13%
WEIRTON-STEUBENVILLE, WV-OH 1 $55,000 $55,000 $3,004 3.31%

Movement Mortgage 's top markets include Charlotte, Seattle, Los Angeles, Washington, and San Diego among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 54,192 $14,594,030,000 $269,302
2.5-3% 45,613 $13,265,255,000 $290,822
<2.5% 5,023 $1,054,575,000 $209,949
4-5% 4,328 $897,330,000 $207,331
5-6% 472 $82,440,000 $174,661
6-7% 4 $1,240,000 $310,000
7-8% 1 $695,000 $695,000

During 2020, Movement Mortgage 's average interest rate was 3.24%, while their most frequently originated rate bucket was 3-4%, with 54,192 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 56,041 $15,792,115,000 $281,796 $5,023 3.18%
$100k-200k 30,516 $4,769,060,000 $156,281 $4,187 3.26%
$400k-600k 14,640 $6,934,420,000 $473,663 $5,805 3.13%
$100,000 or less 5,744 $280,620,000 $48,854 $2,457 2.83%
$600k-1MM 2,623 $1,858,125,000 $708,397 $8,689 3.14%
$1MM+ 215 $262,765,000 $1,222,163 $13,186 3.16%

2020 saw Movement Mortgage place emphasis on $200k-400k loans with 56,041 originations, totaling $15,792,115,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 26,655 $5,719,085,000 $214,560 $4,889 3.18%
$100k-150k 22,742 $7,246,430,000 $318,636 $5,105 3.19%
$50k or less 20,952 $3,971,200,000 $189,538 $4,227 3.14%
$75k-100k 20,001 $5,299,985,000 $264,986 $5,081 3.18%
$150k-250k 13,953 $5,334,625,000 $382,328 $5,110 3.18%
$250k+ 4,800 $2,126,790,000 $443,081 $5,349 3.18%

Movement Mortgage lent most frequently to those with incomes in the $50k-75k range, with 26,655 originations. The second most popular income band? $100k-150k, with 22,742 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 21,765 $5,966,715,000 $274,143 $4,277 3.15%
30-36% 18,803 $5,078,085,000 $270,068 $4,658 3.19%
<20% 7,789 $2,034,195,000 $261,163 $3,766 3.05%
50-60% 6,020 $1,595,620,000 $265,053 $7,994 3.21%
44% 4,626 $1,244,190,000 $268,956 $5,289 3.26%
43% 4,223 $1,127,555,000 $267,003 $5,090 3.23%
42% 4,174 $1,118,870,000 $268,057 $5,119 3.23%
41% 4,067 $1,094,825,000 $269,197 $5,055 3.22%
40% 3,977 $1,066,895,000 $268,266 $5,075 3.21%
39% 3,890 $1,049,890,000 $269,895 $4,939 3.20%
38% 3,752 $1,018,590,000 $271,479 $4,960 3.20%
37% 3,637 $981,785,000 $269,944 $4,807 3.20%
36% 3,531 $963,965,000 $273,001 $4,867 3.19%
49% 3,136 $881,310,000 $281,030 $5,521 3.23%
45% 3,079 $836,195,000 $271,580 $5,286 3.21%
46% 2,825 $784,785,000 $277,800 $5,501 3.20%
48% 2,744 $749,640,000 $273,192 $5,416 3.23%
47% 2,673 $750,035,000 $280,597 $5,562 3.24%
>60% 191 $68,305,000 $357,618 $7,387 3.00%

Movement Mortgage lent most frequently to those with DTI ratios of 20-30%, with 21,765 originations. The next most common DTI ratio? 30-36%, with 18,803 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 87,220 $23,639,790,000 $271,036 $4,767 3.18%
Not provided 8,031 $2,328,395,000 $289,926 $4,969 3.14%
Black 8,784 $2,107,570,000 $239,933 $5,705 3.22%
Asian 4,046 $1,337,160,000 $330,489 $5,172 3.15%
American Indian 935 $241,345,000 $258,123 $5,336 3.12%
Native Hawaiian 261 $77,355,000 $296,379 $5,762 3.12%
Asian Indian 129 $45,745,000 $354,612 $5,309 3.07%
Filipino 95 $32,745,000 $344,684 $6,467 3.05%
Other Asian 80 $23,420,000 $292,750 $5,959 3.02%
Chinese 59 $21,355,000 $361,949 $5,803 3.14%
Vietnamese 40 $12,020,000 $300,500 $4,446 3.21%
Other Pacific Islander 34 $9,320,000 $274,118 $7,416 3.23%
Korean 26 $8,790,000 $338,077 $5,849 2.79%
Japanese 17 $5,385,000 $316,765 $4,944 3.07%
Guamanian 9 $3,385,000 $376,111 $7,067 3.22%
Samoan 7 $1,675,000 $239,286 $4,165 2.54%
Native Hawiian 6 $1,650,000 $275,000 $5,350 2.82%

Approval Rates

Total approvals of all applications
94.92%

Movement Mortgage has an average approval rate.

Pick Rate

Approvals leading to origination
79.52%

Movement Mortgage has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 81 $2,795,000 $34,506
40.0 1 $5,000 $5,000
NA 109,697 $29,894,305,000 $272,517

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 1,424 $233,390,000 $163,897
Single Family (1-4 Units):Site-Built 108,355 $29,663,715,000 $273,764

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 2,282 $497,950,000 $218,208 $3,596 3.02%
40-60% 9,491 $2,569,285,000 $270,708 $3,716 3.04%
60-80% 31,647 $9,377,585,000 $296,318 $4,172 3.23%
80-100% 60,837 $16,457,435,000 $270,517 $5,354 3.23%
Over 100% 2,970 $952,980,000 $320,869 $10,119 3.11%
Under 20% 2,549 $41,315,000 $16,208 $478 1.75%