Intercontinental Capital Group, Inc.

Melville, NY 11747

LEI: 549300DMIVL13D62WX91

Tax ID: 20-2355296

2019 Data | 2018 Data

Overview

Intercontinental Capital Group, Inc. is a small mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Intercontinental Capital Group, Inc. has an average proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include New York, Nassau County, Baltimore, Washington, and Riverside 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. Intercontinental Capital Group, Inc. is typically a medium-low fee high fee exceptionally high fee lendor.

Originations

5,065

Origination Dollar Volume (All Markets)

$1,569,545,000

Product Mix

Loan Type	Originations	Total Value	Average Loan
Conventional	1,601	$462,525,000	$288,898
FHA	1,782	$542,330,000	$304,338
VA	1,678	$563,990,000	$336,108
USDA	4	$700,000	$175,000

Conventional loans are assumed to be 20% downpayment and either fixed/adjustable rate. FHA loans start at 3.5% downpayment and are targeted towards first time homebuyers who will be owner-occupants. USDA loans target agrarian uses such as farms. VA loans are available to members of the military. FHA, USDA and VA loans are typically subsidized by the government so as to have more favorable terms for the borrower.

Loan Reason

Loan Reason	Originations	Total Value	Average Loan
Home Purchase	1,192	$377,690,000	$316,854
Home Improvement	24	$6,530,000	$272,083
Refi	2,307	$730,715,000	$316,738
Cash Out Refi	1,542	$454,610,000	$294,818

Home purchase and refinance loans are typically offered by even the most prudent banks. Cash out refi loans typically carry higher fees-- they allow homeowners to get loans against the equity (appreciated value) of their home, but can be used irresponsibly. Lendors with a high ratio of cash out refi loans may be exposed in the event of an economic downturn, and may be more aggressive with their fee schedules.

Top Markets

Market	Originations	Total Value	Average Loan
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ	387	$176,555,000	$456,214
NASSAU COUNTY-SUFFOLK COUNTY, NY	431	$158,215,000	$367,088
BALTIMORE-COLUMBIA-TOWSON, MD	288	$84,230,000	$292,465
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV	211	$67,165,000	$318,318
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA	192	$63,680,000	$331,667
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA	280	$59,760,000	$213,429
LOS ANGELES-LONG BEACH-GLENDALE, CA	139	$56,475,000	$406,295
NEW BRUNSWICK-LAKEWOOD, NJ	173	$52,385,000	$302,803
NEWARK, NJ-PA	174	$50,580,000	$290,690
Outside of Metro Areas	184	$44,200,000	$240,217
PHOENIX-MESA-CHANDLER, AZ	126	$36,870,000	$292,619
SAN DIEGO-CHULA VISTA-CARLSBAD, CA	77	$36,315,000	$471,623
ANAHEIM-SANTA ANA-IRVINE, CA	62	$29,630,000	$477,903
DENVER-AURORA-LAKEWOOD, CO	69	$26,635,000	$386,014
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL	87	$24,575,000	$282,471
SACRAMENTO-ROSEVILLE-FOLSOM, CA	64	$24,040,000	$375,625
SEATTLE-BELLEVUE-KENT, WA	73	$23,515,000	$322,123
DALLAS-PLANO-IRVING, TX	82	$21,910,000	$267,195
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL	81	$20,575,000	$254,012
COLORADO SPRINGS, CO	62	$19,440,000	$313,548
TAMPA-ST. PETERSBURG-CLEARWATER, FL	68	$18,150,000	$266,912
TACOMA-LAKEWOOD, WA	48	$14,180,000	$295,417
FORT WORTH-ARLINGTON-GRAPEVINE, TX	51	$14,165,000	$277,745
HOUSTON-THE WOODLANDS-SUGAR LAND, TX	51	$13,595,000	$266,569
ORLANDO-KISSIMMEE-SANFORD, FL	45	$12,585,000	$279,667
PORTLAND-VANCOUVER-HILLSBORO, OR-WA	35	$11,905,000	$340,143
CHARLOTTE-CONCORD-GASTONIA, NC-SC	45	$11,785,000	$261,889
MIAMI-MIAMI BEACH-KENDALL, FL	39	$11,625,000	$298,077
AUSTIN-ROUND ROCK-GEORGETOWN, TX	44	$11,550,000	$262,500
JACKSONVILLE, FL	40	$11,400,000	$285,000
FREDERICK-GAITHERSBURG-ROCKVILLE, MD	30	$11,180,000	$372,667
SAN ANTONIO-NEW BRAUNFELS, TX	37	$10,545,000	$285,000
STOCKTON, CA	29	$9,535,000	$328,793
CHICAGO-NAPERVILLE-EVANSTON, IL	35	$7,765,000	$221,857
BRIDGEPORT-STAMFORD-NORWALK, CT	20	$7,530,000	$376,500
CLEVELAND-ELYRIA, OH	44	$7,370,000	$167,500
PENSACOLA-FERRY PASS-BRENT, FL	24	$7,260,000	$302,500
BAKERSFIELD, CA	23	$6,655,000	$289,348
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN	23	$6,585,000	$286,304
RALEIGH-CARY, NC	22	$6,410,000	$291,364
OAKLAND-BERKELEY-LIVERMORE, CA	12	$6,190,000	$515,833
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ	29	$6,135,000	$211,552
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA	19	$5,825,000	$306,579
FRESNO, CA	20	$5,570,000	$278,500
BELLINGHAM, WA	19	$5,335,000	$280,789
VALLEJO, CA	13	$5,305,000	$408,077
TUCSON, AZ	19	$5,285,000	$278,158
NORTH PORT-SARASOTA-BRADENTON, FL	22	$5,220,000	$237,273
CAMDEN, NJ	20	$4,990,000	$249,500
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY	18	$4,850,000	$269,444
SALEM, OR	15	$4,685,000	$312,333
COLUMBUS, OH	19	$4,615,000	$242,895
VISALIA, CA	14	$4,550,000	$325,000
LAKELAND-WINTER HAVEN, FL	19	$4,405,000	$231,842
CINCINNATI, OH-KY-IN	17	$4,335,000	$255,000
PORT ST. LUCIE, FL	20	$4,240,000	$212,000
TRENTON-PRINCETON, NJ	17	$4,065,000	$239,118
AKRON, OH	22	$3,970,000	$180,455
CAPE CORAL-FORT MYERS, FL	14	$3,780,000	$270,000
MODESTO, CA	12	$3,570,000	$297,500
SAN LUIS OBISPO-PASO ROBLES, CA	8	$3,530,000	$441,250
CLARKSVILLE, TN-KY	13	$3,495,000	$268,846
BREMERTON-SILVERDALE-PORT ORCHARD, WA	13	$3,465,000	$266,538
SANTA MARIA-SANTA BARBARA, CA	7	$3,195,000	$456,429
BOSTON, MA	8	$3,080,000	$385,000
OCALA, FL	13	$3,075,000	$236,538
FORT COLLINS, CO	9	$2,975,000	$330,556
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL	11	$2,975,000	$270,455
FAYETTEVILLE, NC	11	$2,795,000	$254,091
PALM BAY-MELBOURNE-TITUSVILLE, FL	10	$2,770,000	$277,000
GREELEY, CO	9	$2,735,000	$303,889
WILMINGTON, DE-MD-NJ	11	$2,705,000	$245,909
WARREN-TROY-FARMINGTON HILLS, MI	11	$2,695,000	$245,000
OXNARD-THOUSAND OAKS-VENTURA, CA	7	$2,685,000	$383,571
PUNTA GORDA, FL	13	$2,635,000	$202,692
EAST STROUDSBURG, PA	16	$2,610,000	$163,125
YORK-HANOVER, PA	10	$2,520,000	$252,000
NEW HAVEN-MILFORD, CT	12	$2,510,000	$209,167
YUBA CITY, CA	8	$2,460,000	$307,500
LAS VEGAS-HENDERSON-PARADISE, NV	10	$2,420,000	$242,000
CALIFORNIA-LEXINGTON PARK, MD	7	$2,285,000	$326,429
SANTA ROSA-PETALUMA, CA	4	$2,240,000	$560,000
MEDFORD, OR	7	$2,115,000	$302,143
WINSTON-SALEM, NC	8	$2,110,000	$263,750
INDIANAPOLIS-CARMEL-ANDERSON, IN	14	$2,060,000	$147,143
MEMPHIS, TN-MS-AR	7	$2,025,000	$289,286
ST. LOUIS, MO-IL	7	$1,995,000	$285,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA	4	$1,950,000	$487,500
SALISBURY, MD-DE	9	$1,945,000	$216,111
DURHAM-CHAPEL HILL, NC	6	$1,900,000	$316,667
PRESCOTT VALLEY-PRESCOTT, AZ	6	$1,870,000	$311,667
CHATTANOOGA, TN-GA	8	$1,840,000	$230,000
COLUMBIA, SC	8	$1,810,000	$226,250
WILMINGTON, NC	6	$1,800,000	$300,000
OLYMPIA-LACEY-TUMWATER, WA	7	$1,795,000	$256,429
MOUNT VERNON-ANACORTES, WA	7	$1,775,000	$253,571
REDDING, CA	5	$1,605,000	$321,000
HANFORD-CORCORAN, CA	5	$1,605,000	$321,000
BUFFALO-CHEEKTOWAGA, NY	8	$1,590,000	$198,750
SPOKANE-SPOKANE VALLEY, WA	6	$1,540,000	$256,667
KILLEEN-TEMPLE, TX	6	$1,530,000	$255,000
DAYTON-KETTERING, OH	5	$1,525,000	$305,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA	4	$1,500,000	$375,000
SALINAS, CA	3	$1,495,000	$498,333
ASHEVILLE, NC	5	$1,475,000	$295,000
MERCED, CA	5	$1,465,000	$293,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC	8	$1,450,000	$181,250
PITTSBURGH, PA	6	$1,440,000	$240,000
ALBANY-SCHENECTADY-TROY, NY	5	$1,345,000	$269,000
CHICO, CA	3	$1,325,000	$441,667
NAPLES-MARCO ISLAND, FL	5	$1,325,000	$265,000
FLAGSTAFF, AZ	5	$1,305,000	$261,000
EUGENE-SPRINGFIELD, OR	3	$1,295,000	$431,667
TYLER, TX	4	$1,270,000	$317,500
PUEBLO, CO	5	$1,265,000	$253,000
CANTON-MASSILLON, OH	7	$1,245,000	$177,857
GREENSBORO-HIGH POINT, NC	6	$1,220,000	$203,333
JACKSONVILLE, NC	5	$1,215,000	$243,000
BEAUMONT-PORT ARTHUR, TX	4	$1,210,000	$302,500
GRAND JUNCTION, CO	5	$1,205,000	$241,000
LANCASTER, PA	7	$1,195,000	$170,714
KNOXVILLE, TN	4	$1,190,000	$297,500
AUGUSTA-RICHMOND COUNTY, GA-SC	5	$1,135,000	$227,000
LAKE HAVASU CITY-KINGMAN, AZ	3	$1,115,000	$371,667
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL	5	$1,115,000	$223,000
NEW BERN, NC	4	$1,100,000	$275,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC	3	$1,055,000	$351,667
SAN RAFAEL, CA	2	$1,030,000	$515,000
HAGERSTOWN-MARTINSBURG, MD-WV	4	$1,030,000	$257,500
MIDLAND, TX	4	$940,000	$235,000
GAINESVILLE, GA	5	$925,000	$185,000
ABILENE, TX	3	$895,000	$298,333
READING, PA	5	$895,000	$179,000
HARRISBURG-CARLISLE, PA	5	$865,000	$173,000
PROVIDENCE-WARWICK, RI-MA	2	$860,000	$430,000
GRAND RAPIDS-KENTWOOD, MI	4	$850,000	$212,500
BINGHAMTON, NY	5	$845,000	$169,000
OCEAN CITY, NJ	2	$830,000	$415,000
ELGIN, IL	3	$815,000	$271,667
WORCESTER, MA-CT	2	$790,000	$395,000
ALBANY-LEBANON, OR	3	$775,000	$258,333
KINGSTON, NY	3	$755,000	$251,667
BOULDER, CO	2	$740,000	$370,000
CHARLESTON-NORTH CHARLESTON, SC	3	$725,000	$241,667
JOHNSON CITY, TN	3	$725,000	$241,667
MONTGOMERY, AL	3	$715,000	$238,333
CHAMBERSBURG-WAYNESBORO, PA	3	$695,000	$231,667
SYRACUSE, NY	3	$685,000	$228,333
LAKE COUNTY-KENOSHA COUNTY, IL-WI	3	$675,000	$225,000
AMARILLO, TX	3	$635,000	$211,667
TALLAHASSEE, FL	2	$630,000	$315,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI	2	$620,000	$310,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH	3	$615,000	$205,000
EL PASO, TX	2	$580,000	$290,000
WARNER ROBINS, GA	2	$570,000	$285,000
BEND, OR	2	$570,000	$285,000
COLLEGE STATION-BRYAN, TX	2	$570,000	$285,000
SANTA CRUZ-WATSONVILLE, CA	1	$555,000	$555,000
EL CENTRO, CA	2	$550,000	$275,000
ROCHESTER, NY	3	$545,000	$181,667
DALTON, GA	2	$540,000	$270,000
SAVANNAH, GA	2	$520,000	$260,000
BLOOMSBURG-BERWICK, PA	3	$515,000	$171,667
JACKSON, MS	2	$510,000	$255,000
SIERRA VISTA-DOUGLAS, AZ	2	$500,000	$250,000
LUBBOCK, TX	2	$500,000	$250,000
STATE COLLEGE, PA	1	$495,000	$495,000
MILWAUKEE-WAUKESHA, WI	1	$495,000	$495,000
NAPA, CA	1	$495,000	$495,000
PITTSFIELD, MA	2	$490,000	$245,000
PORTLAND-SOUTH PORTLAND, ME	2	$480,000	$240,000
PANAMA CITY, FL	2	$480,000	$240,000
CARBONDALE-MARION, IL	2	$480,000	$240,000
SPRINGFIELD, MA	2	$480,000	$240,000
CORPUS CHRISTI, TX	2	$470,000	$235,000
FORT WAYNE, IN	3	$465,000	$155,000
ATLANTIC CITY-HAMMONTON, NJ	2	$450,000	$225,000
TOLEDO, OH	2	$450,000	$225,000
GLENS FALLS, NY	2	$450,000	$225,000
WICHITA FALLS, TX	1	$445,000	$445,000
BATON ROUGE, LA	1	$435,000	$435,000
THE VILLAGES, FL	1	$415,000	$415,000
YAKIMA, WA	2	$410,000	$205,000
MCALLEN-EDINBURG-MISSION, TX	2	$410,000	$205,000
BROWNSVILLE-HARLINGEN, TX	2	$410,000	$205,000
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT	2	$400,000	$200,000
ATHENS-CLARKE COUNTY, GA	2	$390,000	$195,000
SEBASTIAN-VERO BEACH, FL	2	$380,000	$190,000
HINESVILLE, GA	2	$380,000	$190,000
HILTON HEAD ISLAND-BLUFFTON, SC	2	$370,000	$185,000
WENATCHEE, WA	1	$365,000	$365,000
GARY, IN	2	$360,000	$180,000
HOMOSASSA SPRINGS, FL	1	$355,000	$355,000
ALBUQUERQUE, NM	2	$350,000	$175,000
VALDOSTA, GA	2	$330,000	$165,000
MORRISTOWN, TN	1	$325,000	$325,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR	1	$325,000	$325,000
BARNSTABLE TOWN, MA	1	$325,000	$325,000
ROCKY MOUNT, NC	1	$325,000	$325,000
GAINESVILLE, FL	1	$325,000	$325,000
MADERA, CA	1	$315,000	$315,000
TWIN FALLS, ID	1	$305,000	$305,000
DES MOINES-WEST DES MOINES, IA	1	$305,000	$305,000
BOISE CITY, ID	1	$295,000	$295,000
MUSKEGON, MI	1	$285,000	$285,000
LAREDO, TX	1	$275,000	$275,000
HUNTINGTON-ASHLAND, WV-KY-OH	1	$275,000	$275,000
OKLAHOMA CITY, OK	2	$270,000	$135,000
KANSAS CITY, MO-KS	2	$270,000	$135,000
KINGSPORT-BRISTOL, TN-VA	1	$265,000	$265,000
MONROE, MI	1	$265,000	$265,000
RAPID CITY, SD	1	$255,000	$255,000
GETTYSBURG, PA	1	$255,000	$255,000
RENO, NV	1	$255,000	$255,000
TULSA, OK	2	$250,000	$125,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR	1	$245,000	$245,000
ERIE, PA	1	$245,000	$245,000
ELMIRA, NY	1	$245,000	$245,000
NEW ORLEANS-METAIRIE, LA	1	$245,000	$245,000
JANESVILLE-BELOIT, WI	1	$245,000	$245,000
LAFAYETTE-WEST LAFAYETTE, IN	1	$245,000	$245,000
DETROIT-DEARBORN-LIVONIA, MI	2	$240,000	$120,000
COEUR D'ALENE, ID	1	$235,000	$235,000
SPRINGFIELD, OH	1	$235,000	$235,000
MACON-BIBB COUNTY, GA	1	$235,000	$235,000
FLINT, MI	1	$235,000	$235,000
LEXINGTON-FAYETTE, KY	1	$235,000	$235,000
SPRINGFIELD, IL	1	$235,000	$235,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA	2	$230,000	$115,000
VINELAND-BRIDGETON, NJ	1	$225,000	$225,000
BURLINGTON-SOUTH BURLINGTON, VT	1	$225,000	$225,000
JACKSON, TN	1	$225,000	$225,000
COLUMBUS, GA-AL	1	$215,000	$215,000
WALLA WALLA, WA	1	$205,000	$205,000
CUMBERLAND, MD-WV	1	$195,000	$195,000
WICHITA, KS	1	$195,000	$195,000
PHILADELPHIA, PA	2	$190,000	$95,000
DOVER, DE	1	$185,000	$185,000
LEWISTON-AUBURN, ME	1	$175,000	$175,000
LEBANON, PA	1	$175,000	$175,000
KANKAKEE, IL	1	$165,000	$165,000
KOKOMO, IN	1	$165,000	$165,000
ROCKFORD, IL	1	$165,000	$165,000
FARMINGTON, NM	1	$165,000	$165,000
GREENVILLE-ANDERSON, SC	1	$155,000	$155,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL	1	$145,000	$145,000
WACO, TX	1	$145,000	$145,000
MUNCIE, IN	1	$145,000	$145,000
CLEVELAND, TN	1	$145,000	$145,000
LONGVIEW, WA	1	$145,000	$145,000
JOHNSTOWN, PA	1	$135,000	$135,000
Outside of Metro Areas	1	$125,000	$125,000
SAGINAW, MI	1	$125,000	$125,000
LANSING-EAST LANSING, MI	1	$115,000	$115,000
LEWISTON, ID-WA	1	$115,000	$115,000
OMAHA-COUNCIL BLUFFS, NE-IA	1	$95,000	$95,000
HUNTSVILLE, AL	1	$95,000	$95,000
HICKORY-LENOIR-MORGANTON, NC	1	$95,000	$95,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN	1	$85,000	$85,000
SCRANTON--WILKES-BARRE, PA	1	$85,000	$85,000

Lendors vary in competitiveness at the per market level-- meaning they may have better terms, deals or promotions based on the mortgaged property's location.

Interest Rate & Spreads

Loan Rate	Originations	Total Value	Average Loan
2.5-3%	35	$12,655,000	$361,571
3-4%	2,508	$826,680,000	$329,617
4-5%	1,978	$581,500,000	$293,984
5-6%	520	$137,650,000	$264,712
6-7%	15	$4,835,000	$322,333
7-8%	7	$5,125,000	$732,143
Over 8%	2	$1,100,000	$550,000

Loan Sizing

Loan Size	Originations	Total Value	Average Loan
$100,000 or less	105	$8,645,000	$82,333
$100k-200k	844	$131,610,000	$155,936
$200k-400k	3,048	$886,550,000	$290,863
$400k-600k	897	$422,715,000	$471,254
$600k-1000k	167	$115,205,000	$689,850
$Over $1MM	4	$4,820,000	$1,205,000

Different banks have different objectives. Some banks focus solely on high net worth individuals. Others focus on FHA loans for lower income applicants. Knowing what a bank specializes in allows better optimization given the applicant's financial situation.

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan
20-40%	84	$16,280,000	$193,810
40-60%	307	$78,195,000	$254,707
60-80%	1,037	$301,635,000	$290,873
80-100%	1,947	$622,475,000	$319,710
Over 100%	53	$16,945,000	$319,717
Under 20%	5	$755,000	$151,000

LTV, or loan-to-value, is the amount loaned relative to a home's value. Lower LTV lending implies a larger downpayment-- reducing risk to the lendor. FHA loans will nearly always have a higher LTV due to the lower downpayment requirements. Higher LTVs may also mean a bank is charging higher fees or interest rates to compensate for their risk exposure.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan
$100k-150k	946	$343,280,000	$362,875
$150k-250k	399	$171,385,000	$429,536
$50k-75k	880	$201,560,000	$229,045
$50k-or less	373	$68,725,000	$184,249
$75k-100k	790	$231,830,000	$293,456
$Over $250k	54	$22,970,000	$425,370

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan
White	3,165	$958,475,000	$302,836
Black	1,044	$335,540,000	$321,398
Not provided	660	$197,970,000	$299,955
Asian	164	$66,750,000	$407,012
American Indian	17	$6,235,000	$366,765
Native Hawaiian	13	$3,705,000	$285,000
Other Pacific Islander	2	$870,000	$435,000

Approval Rates

Total approvals of all applications
93.30%

A high approval rate means banks are more selective in who they market to or that they are loosey-goosey with who they lend to. Low approval rates may mean a lendor is more stringent in their lending standards.

Pick Rate

Approvals leading to origination
68.01%

A bank's pick rate is how often they are chosen by an applicant once approved. A high pick rate typically means the bank has some sort of advantage-- either the best terms (rates/fees), fastest closing time or even the best customer service. Banks with <75% pick rate may need further investigation as to why they are not more competitive.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	5,065	$1,569,545,000	$309,881

Origination Fees

Origination Fee	Originations	Total Value	Average Loan
$<1k	957	$315,385,000	$329,556
$1k-2k	1,437	$436,445,000	$303,720
$2k-3k	401	$96,845,000	$241,509
$3k-4k	1,029	$255,605,000	$248,401
$5k+	1,226	$456,490,000	$372,341

Banks make money on their float/interest spread (fees charged to borrowers vs fees they pay for their capital), for servicing loans, as well as charging origination fees when a loan is disbursed. Modern low-cost efficient lendors can have fees totaling less than $500 for many mortgages-- as low as $250 in some cases. Average lendors will be in the $1k-2k range and high cost lendors will be even more. The costs incurred by the bank will be similar no matter the loan amount, so this is to be viewed as a profit center for most banks.

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Manufactured	56	$12,110,000	$216,250
Single Family (1-4 Units):Site-Built	5,009	$1,557,435,000	$310,927