Trimark Funding Inc Mortgage Rates, Fees & Info

Anaheim, CA

LEI: 549300DGOVTO3RMRNM72

Tax ID: 33-0906856

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Trimark Funding Inc is a smaller mortgage company specializing in Home Purchase loans. Trimark Funding Inc has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, San Diego, and San Jose among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Trimark Funding Inc has an above average approval rate when compared to the average across all lenders.

    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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    Originations

    90

    Origination Dollar Volume (All Markets)

    $31,170,000

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 52 $19,590,000 $376,731 $0 9.32%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $7,930,000 $264,333 $0 9.67%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $2,510,000 $627,500 $0 9.31%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $570,000 $285,000 $0 10.00%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $0 10.00%
    CHICO, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.00%
    Trimark Funding Inc's top markets include Los Angeles, Riverside, San Francisco, San Diego, and San Jose among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 90 $31,170,000 $346,333 $0 9.46%

    For 2018, Trimark Funding Inc's most frequently originated type of loan was Conventional, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 90 $31,170,000 $346,333 $0 9.46%

    For 2018, Trimark Funding Inc's most frequently cited loan purpose was Home Purchase, with 90 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 90 $31,170,000 $346,333 $0 9.46%

    For 2018, Trimark Funding Inc's most frequently cited loan duration was 1 Year, with 90 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 79 $27,235,000 $344,747
    7-8% 11 $3,935,000 $357,727

    During 2018, Trimark Funding Inc's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 49 $15,125,000 $308,673 $0 9.52%
    $400k-600k 21 $9,865,000 $469,762 $0 9.38%
    $100k-200k 12 $1,840,000 $153,333 $0 9.33%
    $600k-1MM 6 $4,190,000 $698,333 $0 9.04%
    $100,000 or less 2 $150,000 $75,000 $0 11.00%

    2018 saw Trimark Funding Inc place emphasis on $200k-400k loans with 49 originations, totaling $15,125,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 27 $8,835,000 $327,222 $0 9.31%

    Trimark Funding Inc lent most frequently to those with incomes in the $250k+ range, with 27 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 63 $22,335,000 $354,524 $0 9.53%
    White 13 $4,345,000 $334,231 $0 9.61%
    Other Asian 4 $1,510,000 $377,500 $0 9.00%
    Black 5 $1,415,000 $283,000 $0 9.10%
    Asian 3 $1,045,000 $348,333 $0 8.66%
    Not provided 2 $520,000 $260,000 $0 9.50%

    Approval Rates

    Total approvals of all applications
    100.00%

    Trimark Funding Inc has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 90 $31,170,000 $346,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 90 $31,170,000 $346,333

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 32 $9,170,000 $286,563 $0 9.35%
    60-80% 55 $21,245,000 $386,273 $0 9.55%
    Under 20% 3 $755,000 $251,667 $0 9.00%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    TriMark Financial Solutions DBA Distressed Mortgage Solutions Other type of mortgage Struggling to pay mortgage 1 100.0%