Eastman Mortgage Rates, Fees & Info

Kingsport, TN

LEI: 549300DDLYW49R2HCV81

Tax ID: 62-6039479

5 stars - out of 5 stars, based on 71 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Eastman is a smaller mortgage company specializing in loans. Eastman has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Kingsport, Johnson City, Longview, Morristown, and Greeneville among others. We have data for 138 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Eastman 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. Eastman 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 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
    Home Equity Line of Credit (HELOC) 6.14% 3/24/23
    30 Year Conventional Purchase 7.07% 3/24/23
    30 Year Conventional Refi 6.90% 3/24/23
    30 Year Cash-out Refi 7.19% 3/24/23
    30 Year FHA Purchase 6.27% 3/24/23
    30 Year VA Purchase 6.71% 3/24/23
    30 Year USDA Purchase 7.15% 3/24/23
    15 Year Conventional Purchase 6.54% 3/24/23
    15 Year Conventional Refi 6.49% 3/24/23
    15 Year Cash-out Refi 6.49% 3/24/23
    15 Year FHA Purchase 8.78% 3/24/23
    15 Year VA Purchase 6.78% 3/24/23
    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.


    Originations

    5,028

    Origination Dollar Volume (All Markets)

    $879,860,000
    Show all (6) awards

    Relative Rate

    Eastman's average 30 year fixed mortgage rate was 5.35%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.59%.

    Relative Fees (Closing Costs)

    Eastman's average total fees/closing costs for a 30 year fixed rate mortgage were $3,678.

    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 $4,750.

    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
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2,148 $313,230,000 $145,824 $2,809 5.03%
    JOHNSON CITY, TN (FHA|USDA|VA) 1,229 $217,935,000 $177,327 $3,184 4.90%
    LONGVIEW, TX (FHA|USDA|VA) 406 $86,690,000 $213,522 $4,403 5.21%
    MORRISTOWN, TN (FHA|USDA|VA) 62 $47,940,000 $773,226 $3,640 5.11%
    Greeneville, TN (FHA|USDA|VA) 302 $39,470,000 $130,695 $2,733 5.22%
    Outside of Metro Areas 301 $39,375,000 $130,814 $2,906 5.37%
    Big Stone Gap, VA (FHA|USDA|VA) 133 $13,965,000 $105,000 $2,501 5.54%
    Sevierville, TN (FHA|USDA|VA) 26 $12,600,000 $484,615 $6,760 4.53%
    KNOXVILLE, TN (FHA|USDA|VA) 54 $11,230,000 $207,963 $3,583 4.99%
    TYLER, TX (FHA|USDA|VA) 33 $10,695,000 $324,091 $5,212 4.85%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 23 $7,325,000 $318,478 $5,851 4.52%
    Newport, TN (FHA|USDA|VA) 17 $3,975,000 $233,824 $4,426 5.23%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 15 $3,745,000 $249,667 $3,117 5.39%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 13 $3,545,000 $272,692 $2,868 4.98%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 12 $3,490,000 $290,833 $4,610 5.32%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $2,715,000 $301,667 $5,000 4.56%
    ASHEVILLE, NC (FHA|USDA|VA) 8 $2,650,000 $331,250 $6,193 4.80%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 11 $2,325,000 $211,364 $3,668 4.93%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $2,145,000 $715,000 $10,587 4.63%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $2,055,000 $685,000 $0 5.58%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $1,905,000 $381,000 $5,062 4.70%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 8 $1,850,000 $231,250 $3,832 4.67%
    RICHMOND, VA (FHA|USDA|VA) 4 $1,690,000 $422,500 $5,405 3.59%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $1,605,000 $1,605,000 $49,477 3.25%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,505,000 $301,000 $3,838 4.83%
    ROANOKE, VA (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,942 4.63%
    SANTA FE, NM (FHA|USDA|VA) 2 $1,230,000 $615,000 $6,626 4.38%
    Mount Pleasant, TX (FHA|USDA|VA) 4 $1,180,000 $295,000 $6,323 5.28%
    Key West, FL (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $13,525 3.75%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $1,075,000 $215,000 $3,000 4.63%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,321 4.96%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $955,000 $318,333 $3,325 4.96%
    COLUMBIA, SC (FHA|USDA|VA) 5 $935,000 $187,000 $3,056 4.70%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $925,000 $925,000 $13,730 3.50%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $910,000 $455,000 $5,159 4.50%
    RALEIGH-CARY, NC (FHA|USDA|VA) 3 $905,000 $301,667 $5,448 4.83%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $890,000 $445,000 $4,755 4.38%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $850,000 $212,500 $3,820 5.50%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $825,000 $825,000 $5,376 4.63%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $825,000 $825,000 $5,479 5.88%
    WINCHESTER, VA-WV (FHA|USDA|VA) 2 $820,000 $410,000 $5,150 4.88%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $800,000 $400,000 $3,399 4.44%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $785,000 $261,667 $4,532 4.88%
    Martinsville, VA (FHA|USDA|VA) 4 $770,000 $192,500 $3,686 4.66%
    Alexander City, AL (FHA|USDA|VA) 1 $725,000 $725,000 $3,692 3.50%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $720,000 $360,000 $4,041 3.69%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $680,000 $170,000 $3,231 5.69%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $660,000 $330,000 $3,649 4.00%
    Statesboro, GA (FHA|USDA|VA) 1 $655,000 $655,000 $7,258 4.38%
    TUSCALOOSA, AL (FHA|USDA|VA) 2 $650,000 $325,000 $2,392 3.81%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $630,000 $315,000 $6,922 5.19%
    Bluefield, WV-VA (FHA|USDA|VA) 11 $625,000 $56,818 $1,498 4.99%
    TULSA, OK (FHA|USDA|VA) 2 $590,000 $295,000 $3,870 4.94%
    Wooster, OH (FHA|USDA|VA) 1 $585,000 $585,000 $4,220 3.25%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $560,000 $280,000 $2,773 5.38%
    GAINESVILLE, FL (FHA|USDA|VA) 2 $550,000 $275,000 $3,698 4.81%
    Middlesborough, KY (FHA|USDA|VA) 2 $530,000 $265,000 $5,836 4.81%
    SAVANNAH, GA (FHA|USDA|VA) 3 $525,000 $175,000 $2,859 4.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $485,000 $97,000 $2,002 4.65%
    Batesville, AR (FHA|USDA|VA) 5 $485,000 $97,000 $1,777 4.98%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $485,000 $485,000 $5,951 4.63%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $475,000 $475,000 $3,807 3.25%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $465,000 $155,000 $5,168 4.79%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $430,000 $215,000 $0 5.25%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $430,000 $215,000 $2,813 3.50%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $425,000 $425,000 $5,234 5.25%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $405,000 $405,000 $13,196 4.25%
    WACO, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,370 7.00%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $405,000 $405,000 $1,972 3.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $395,000 $395,000 $5,347 5.63%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $380,000 $190,000 $3,339 5.38%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $370,000 $185,000 $3,531 4.06%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $365,000 $365,000 $6,042 4.50%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $365,000 $365,000 $4,102 5.50%
    Cookeville, TN (FHA|USDA|VA) 3 $345,000 $115,000 $2,082 4.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $340,000 $170,000 $3,156 5.63%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $335,000 $335,000 $12,244 3.25%
    BURLINGTON, NC (FHA|USDA|VA) 2 $330,000 $165,000 $2,919 5.31%
    Seneca, SC (FHA|USDA|VA) 1 $325,000 $325,000 $2,956 5.13%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $320,000 $160,000 $7,938 3.25%
    Marion, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,752 5.00%
    KANKAKEE, IL (FHA|USDA|VA) 1 $295,000 $295,000 $5,385 4.13%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $295,000 $295,000 $4,429 4.88%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $290,000 $145,000 $8,371 4.69%
    BECKLEY, WV (FHA|USDA|VA) 1 $285,000 $285,000 $3,064 5.75%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $285,000 $285,000 $3,029 5.75%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $5,240 6.38%
    Athens, TX (FHA|USDA|VA) 2 $270,000 $135,000 $3,219 5.81%
    Crossville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $4,522 5.00%
    Jacksonville, TX (FHA|USDA|VA) 4 $260,000 $65,000 $1,867 5.13%
    HINESVILLE, GA (FHA|USDA|VA) 1 $255,000 $255,000 $4,430 5.25%
    Spearfish, SD (FHA|USDA|VA) 1 $245,000 $245,000 $2,373 5.25%
    Ruidoso, NM (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.25%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $215,000 $215,000 $3,344 3.00%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $210,000 $105,000 $2,358 7.56%
    Henderson, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,366 6.63%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $205,000 $205,000 $2,822 5.00%
    Paris, TX (FHA|USDA|VA) 1 $185,000 $185,000 $3,572 5.88%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $180,000 $90,000 $3,783 5.81%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,182 5.13%
    Duncan, OK (FHA|USDA|VA) 1 $175,000 $175,000 $2,937 4.38%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,710 6.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,834 4.50%
    Brevard, NC (FHA|USDA|VA) 1 $165,000 $165,000 $4,810 4.13%
    Morehead City, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,282 4.50%
    CLEVELAND, TN (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.00%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $155,000 $155,000 $2,875 6.00%
    AMARILLO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,482 5.38%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $145,000 $145,000 $2,652 3.00%
    Greenville, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,382 4.63%
    Adrian, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,394 3.50%
    LIMA, OH (FHA|USDA|VA) 1 $125,000 $125,000 $2,797 5.63%
    Forest City, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.50%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.00%
    OCALA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $1,632 5.38%
    Findlay, OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,389 6.00%
    STAUNTON, VA (FHA|USDA|VA) 2 $100,000 $50,000 $994 4.19%
    CHARLESTON, WV (FHA|USDA|VA) 1 $95,000 $95,000 $2,940 6.50%
    Vernon, TX (FHA|USDA|VA) 1 $95,000 $95,000 $4,167 5.00%
    LAREDO, TX (FHA|USDA|VA) 1 $95,000 $95,000 $2,307 5.25%
    ERIE, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,336 4.00%
    Rochelle, IL (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.50%
    JACKSON, TN (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.75%
    Show Low, AZ (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.50%
    Granbury, TX (FHA|USDA|VA) 1 $65,000 $65,000 $2,866 4.63%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $65,000 $65,000 $1,431 5.50%
    BANGOR, ME (FHA|USDA|VA) 1 $65,000 $65,000 $2,107 3.13%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $55,000 $55,000 $2,982 5.38%
    London, KY (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.38%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.50%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $55,000 $55,000 $2,737 7.38%
    Newberry, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.25%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.25%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $50,000 $25,000 $0 4.63%
    Paducah, KY-IL (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.88%
    Paris, TN (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.50%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.25%
    Eastman's top markets include Kingsport, Johnson City, Longview, Morristown, and Greeneville among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against EASTMAN based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    NORTHEAST COMMUNITY
    Similarity Rank: 39
    Horizon Credit Union
    Similarity Rank: 72
    Kingsport Press Credit Union
    Similarity Rank: 198
    AAXY L.L.C.
    Similarity Rank: 360
    KELLEY MORTGAGE, LLC
    Similarity Rank: 420
    CONSUMER Credit Union
    Similarity Rank: 480
    US COMMUNITY
    Similarity Rank: 490
    New Peoples Bank, Inc.
    Similarity Rank: 720

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,649 $766,075,000 $209,941 $3,196 5.18%
    HELOC 1,352 $108,490,000 $80,244 n/a 4.68%
    VA 23 $4,735,000 $205,870 $5,906 4.74%
    USDA 3 $505,000 $168,333 $4,289 4.83%
    FHA 1 $55,000 $55,000 $3,003 4.63%

    For 2022, Eastman's most frequently originated type of loan was Conventional, with 3,649 originations. Their 2nd most popular type was HELOC, with 1,352 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,258 $551,690,000 $244,327 $3,994 5.29%
    Home Improvement 1,067 $70,855,000 $66,406 $1,008 4.89%
    Cash Out Refi 779 $165,975,000 $213,062 $2,901 4.76%
    Other 676 $53,520,000 $79,172 $1,248 5.04%
    Refi 248 $37,820,000 $152,500 $2,588 4.42%

    For 2022, Eastman's most frequently cited loan purpose was Home Purchase, with 2,258 originations. The 2nd most popular reason was Home Improvement, with 1,067 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,047 $497,025,000 $242,807 $3,678 5.35%
    15 Year 1,741 $150,755,000 $86,591 $1,696 4.77%
    20 Year 624 $66,290,000 $106,234 $2,832 4.92%
    30+ year 234 $99,670,000 $425,940 $6,525 5.10%
    10 Year 169 $8,555,000 $50,621 $846 5.23%
    Other 161 $55,375,000 $343,944 $5,060 4.42%
    5 Year 52 $2,190,000 $42,115 $782 4.65%

    For 2022, Eastman's most frequently cited loan duration was 30 Year, with 2,047 originations. The 2nd most popular length was 15 Year, with 1,741 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,720 $460,050,000 $169,136
    $1k-2k 394 $72,230,000 $183,325
    $2k-3k 137 $37,035,000 $270,328
    $5k+ 87 $44,815,000 $515,115
    $3k-4k 68 $20,430,000 $300,441
    $4k-5k 49 $19,395,000 $395,816

    Eastman's average total fees were $3,678, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,720 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,525 $222,625,000 $145,984
    4-5% 1,391 $303,835,000 $218,429
    3-4% 1,167 $211,005,000 $180,810
    6-7% 635 $97,065,000 $152,858
    7-8% 205 $26,575,000 $129,634
    Over 8% 55 $7,765,000 $141,182
    2.5-3% 43 $9,735,000 $226,395
    <2.5% 7 $1,255,000 $179,286

    During 2022, Eastman's average interest rate for loans was 5.35%, while their most frequently originated rate bucket for loans was 5-6%, with 1,525 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 2,266 $125,430,000 $55,353 $1,546 5.01%
    $100k-200k 1,419 $203,565,000 $143,457 $3,089 5.18%
    $200k-400k 1,003 $271,455,000 $270,643 $4,124 5.10%
    $400k-600k 202 $94,470,000 $467,673 $5,996 4.71%
    $600k-1MM 100 $72,630,000 $726,300 $7,706 4.44%
    $1MM+ 38 $112,310,000 $2,955,526 $18,804 4.31%

    2022 saw Eastman place emphasis on $100,000 or less loans with 2,266 originations, totaling $125,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,199 $140,935,000 $117,544 $2,746 5.12%
    $50k or less 1,112 $94,480,000 $84,964 $2,385 5.14%
    $100k-150k 987 $187,295,000 $189,762 $3,682 5.06%
    $75k-100k 898 $135,920,000 $151,359 $3,154 5.11%
    $150k-250k 495 $125,435,000 $253,404 $4,300 4.78%
    $250k+ 160 $83,440,000 $521,500 $7,483 4.62%

    Eastman lent most frequently to those with incomes in the $50k-75k range, with 1,199 originations. The second most popular income band? $50k or less, with 1,112 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,112 $157,130,000 $141,304 $2,947 4.88%
    30-36% 959 $163,345,000 $170,328 $3,466 5.04%
    <20% 407 $48,995,000 $120,381 $2,859 4.64%
    39% 219 $33,555,000 $153,219 $3,248 5.22%
    40% 207 $32,665,000 $157,802 $2,929 5.32%
    41% 195 $31,855,000 $163,359 $3,093 5.23%
    38% 194 $31,630,000 $163,041 $3,091 5.27%
    42% 192 $33,830,000 $176,198 $3,398 5.22%
    43% 192 $35,650,000 $185,677 $3,406 5.23%
    37% 190 $30,350,000 $159,737 $3,299 5.26%
    44% 188 $34,310,000 $182,500 $3,718 5.21%
    36% 184 $28,760,000 $156,304 $3,184 5.30%
    45% 163 $28,175,000 $172,853 $3,382 5.14%
    46% 140 $22,750,000 $162,500 $3,248 5.27%
    49% 130 $21,220,000 $163,231 $3,331 4.94%
    47% 116 $21,520,000 $185,517 $3,785 5.21%
    48% 113 $19,135,000 $169,336 $3,241 5.15%
    50-60% 30 $4,930,000 $164,333 $3,451 4.82%
    >60% 7 $635,000 $90,714 $2,070 5.02%

    Eastman lent most frequently to those with DTI ratios of 20-30%, with 1,112 originations. The next most common DTI ratio? 30-36%, with 959 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,448 $687,990,000 $154,674 $3,153 5.07%
    Not applicable 84 $97,700,000 $1,163,095 $0 4.31%
    Not provided 355 $64,495,000 $181,676 $3,595 4.94%
    Black 72 $14,800,000 $205,556 $4,006 5.45%
    Asian 36 $6,500,000 $180,556 $3,686 4.60%
    American Indian 22 $3,490,000 $158,636 $3,222 5.14%
    Asian Indian 7 $3,275,000 $467,857 $10,241 4.18%
    Other Asian 2 $830,000 $415,000 $4,700 5.13%
    Native Hawaiian or Islander 2 $780,000 $390,000 $4,697 4.19%

    Approval Rates

    Total approvals of all applications
    80.34%

    Eastman has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.92%

    Eastman has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    825.0 1 $125,000 $125,000
    NA 5,027 $879,735,000 $175,002

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,028 $879,860,000 $174,992

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 935 $91,615,000 $97,984 $1,521 4.91%
    40-60% 540 $80,340,000 $148,778 $3,039 4.75%
    60-80% 854 $235,890,000 $276,218 $4,001 4.71%
    80-100% 1,692 $421,410,000 $249,060 $3,881 5.45%
    Over 100% 25 $5,985,000 $239,400 $4,766 6.19%
    Under 20% 982 $44,620,000 $45,438 $855 4.90%