Servion Mortgage Rates, Fees & Info
St. Paul, MNLEI: 549300DRA4BDXW23LD45
Tax ID: 41-1592297
5 stars - Updated: 9/25/23
-
out of 5 stars, based on 54 reviews
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Servion is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Servion 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: Minneapolis, Duluth, Billings, La Crosse, and St. Cloud among others. We have data for 271 markets. (Some data included below & more in-depth data is available with an active subscription.)Servion 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. Servion 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.
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 |
|---|---|---|
| 30 Year Conventional Purchase | 6.71% | 9/25/23 |
| 30 Year Conventional Refi | 6.54% | 9/25/23 |
| 30 Year Cash-out Refi | 6.67% | 9/25/23 |
| 30 Year FHA Purchase | 7.23% | 9/25/23 |
| 30 Year FHA Refi | 7.01% | 9/25/23 |
| 30 Year VA Purchase | 6.15% | 9/25/23 |
| 30 Year VA Refi | 6.00% | 9/25/23 |
| 30 Year USDA Purchase | 6.65% | 9/25/23 |
| 15 Year Conventional Purchase | 6.12% | 9/25/23 |
| 15 Year Conventional Refi | 5.95% | 9/25/23 |
| 15 Year Cash-out Refi | 5.95% | 9/25/23 |
| 15 Year FHA Purchase | 5.68% | 9/25/23 |
| 15 Year FHA Refi | 6.94% | 9/25/23 |
| 15 Year VA Purchase | 5.38% | 9/25/23 |
| 15 Year VA Refi | 5.96% | 9/25/23 |
| 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. | ||
Servion Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Servion. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,964Origination Dollar Volume (All Markets)
$633,020,000Awards
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Servion - 2022
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For 2022, less than of lenders were eligible for this award.
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Relative Rate
Servion's average 30 year fixed mortgage rate was
4.81%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.05%.
Relative Fees (Closing Costs)
Servion's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,094.
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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 501 | $132,055,000 | $263,583 | $5,402 | 4.32% |
| Outside of Metro Areas | 464 | $76,740,000 | $165,388 | $4,508 | 4.63% |
| DULUTH, MN-WI (FHA|USDA|VA) | 170 | $29,660,000 | $174,471 | $4,499 | 4.74% |
| BILLINGS, MT (FHA|USDA|VA) | 88 | $25,300,000 | $287,500 | $6,574 | 4.51% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 98 | $21,210,000 | $216,429 | $2,297 | 4.23% |
| ST. CLOUD, MN (FHA|USDA|VA) | 82 | $17,930,000 | $218,659 | $4,749 | 4.48% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 82 | $16,830,000 | $205,244 | $1,852 | 4.46% |
| ROCHESTER, MN (FHA|USDA|VA) | 73 | $15,905,000 | $217,877 | $4,687 | 4.60% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 69 | $15,745,000 | $228,188 | $6,393 | 4.65% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 68 | $14,910,000 | $219,265 | $3,347 | 4.94% |
| TULSA, OK (FHA|USDA|VA) | 69 | $14,085,000 | $204,130 | $5,495 | 4.79% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 35 | $9,235,000 | $263,857 | $4,811 | 4.69% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 56 | $8,780,000 | $156,786 | $3,911 | 4.44% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 36 | $7,600,000 | $211,111 | $4,617 | 4.90% |
| LIMA, OH (FHA|USDA|VA) | 43 | $6,685,000 | $155,465 | $5,472 | 4.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 23 | $5,415,000 | $235,435 | $3,694 | 5.06% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 22 | $4,990,000 | $226,818 | $5,756 | 3.65% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 16 | $4,780,000 | $298,750 | $4,605 | 4.25% |
| RAPID CITY, SD (FHA|USDA|VA) | 17 | $4,475,000 | $263,235 | $5,973 | 4.19% |
| Brainerd, MN (FHA|USDA|VA) | 24 | $4,450,000 | $185,417 | $6,217 | 4.43% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 19 | $4,035,000 | $212,368 | $6,574 | 4.89% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 15 | $4,035,000 | $269,000 | $5,921 | 4.83% |
| Willmar, MN (FHA|USDA|VA) | 25 | $3,945,000 | $157,800 | $4,645 | 5.10% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 16 | $3,670,000 | $229,375 | $5,437 | 4.52% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 12 | $3,380,000 | $281,667 | $5,529 | 5.08% |
| Port Angeles, WA (FHA|USDA|VA) | 14 | $3,280,000 | $234,286 | $5,463 | 4.63% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 20 | $3,230,000 | $161,500 | $4,220 | 4.52% |
| Red Wing, MN (FHA|USDA|VA) | 15 | $3,215,000 | $214,333 | $5,167 | 4.79% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $2,870,000 | $239,167 | $5,520 | 4.89% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 9 | $2,835,000 | $315,000 | $12,941 | 4.57% |
| Stevens Point, WI (FHA|USDA|VA) | 14 | $2,740,000 | $195,714 | $2,625 | 4.57% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 8 | $2,680,000 | $335,000 | $7,377 | 4.48% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 11 | $2,425,000 | $220,455 | $6,723 | 4.90% |
| Branson, MO (FHA|USDA|VA) | 13 | $2,395,000 | $184,231 | $2,996 | 4.39% |
| FARGO, ND-MN (FHA|USDA|VA) | 11 | $2,315,000 | $210,455 | $5,534 | 4.97% |
| Manitowoc, WI (FHA|USDA|VA) | 13 | $2,305,000 | $177,308 | $3,916 | 5.01% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 11 | $2,275,000 | $206,818 | $5,924 | 4.39% |
| Hutchinson, MN (FHA|USDA|VA) | 12 | $2,250,000 | $187,500 | $4,038 | 3.80% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 12 | $2,250,000 | $187,500 | $3,900 | 4.46% |
| IOWA CITY, IA (FHA|USDA|VA) | 8 | $2,190,000 | $273,750 | $5,447 | 3.61% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 7 | $2,115,000 | $302,143 | $3,471 | 3.91% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 11 | $2,105,000 | $191,364 | $4,590 | 5.00% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 12 | $2,100,000 | $175,000 | $2,756 | 5.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $2,075,000 | $296,429 | $5,911 | 4.16% |
| Whitewater, WI (FHA|USDA|VA) | 12 | $2,010,000 | $167,500 | $1,670 | 4.32% |
| HARRISONBURG, VA (FHA|USDA|VA) | 7 | $1,965,000 | $280,714 | $2,931 | 4.57% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 13 | $1,785,000 | $137,308 | $4,091 | 4.63% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 6 | $1,770,000 | $295,000 | $9,195 | 4.81% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 8 | $1,750,000 | $218,750 | $5,003 | 5.27% |
| Wapakoneta, OH (FHA|USDA|VA) | 9 | $1,735,000 | $192,778 | $8,055 | 5.21% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,615,000 | $538,333 | $5,774 | 4.79% |
| Worthington, MN (FHA|USDA|VA) | 9 | $1,595,000 | $177,222 | $5,450 | 4.24% |
| BAY CITY, MI (FHA|USDA|VA) | 10 | $1,590,000 | $159,000 | $2,523 | 4.54% |
| Dickinson, ND (FHA|USDA|VA) | 7 | $1,525,000 | $217,857 | $5,016 | 4.23% |
| Georgetown, SC (FHA|USDA|VA) | 12 | $1,510,000 | $125,833 | $4,371 | 4.28% |
| BISMARCK, ND (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $7,964 | 4.35% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 8 | $1,420,000 | $177,500 | $3,869 | 4.69% |
| LOUISVILLE, KY (FHA|USDA|VA) | 8 | $1,410,000 | $176,250 | $3,866 | 4.16% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $1,395,000 | $279,000 | $5,152 | 5.10% |
| COLUMBIA, MO (FHA|USDA|VA) | 4 | $1,340,000 | $335,000 | $8,493 | 4.25% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $5,221 | 5.03% |
| MADISON, WI (FHA|USDA|VA) | 6 | $1,320,000 | $220,000 | $3,013 | 4.83% |
| COLUMBIA, SC (FHA|USDA|VA) | 10 | $1,320,000 | $132,000 | $4,697 | 4.46% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $3,515 | 4.78% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,300,000 | $650,000 | $5,361 | 4.19% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $1,290,000 | $645,000 | $7,547 | 5.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $5,205 | 5.38% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $1,275,000 | $425,000 | $5,031 | 4.50% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,275,000 | $425,000 | $4,720 | 4.38% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $7,395 | 4.06% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $1,240,000 | $155,000 | $4,895 | 4.77% |
| JOPLIN, MO (FHA|USDA|VA) | 8 | $1,240,000 | $155,000 | $3,961 | 4.33% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 7 | $1,205,000 | $172,143 | $2,931 | 5.27% |
| Minot, ND (FHA|USDA|VA) | 6 | $1,180,000 | $196,667 | $5,967 | 5.46% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $6,300 | 5.18% |
| Fergus Falls, MN (FHA|USDA|VA) | 6 | $1,160,000 | $193,333 | $5,942 | 4.79% |
| Bemidji, MN (FHA|USDA|VA) | 7 | $1,155,000 | $165,000 | $4,740 | 4.98% |
| Aberdeen, WA (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $6,465 | 3.35% |
| Grand Rapids, MN (FHA|USDA|VA) | 8 | $1,100,000 | $137,500 | $3,744 | 4.88% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 5 | $1,075,000 | $215,000 | $7,243 | 4.80% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 10 | $1,040,000 | $104,000 | $1,996 | 4.21% |
| Austin, MN (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $4,114 | 5.02% |
| LAWRENCE, KS (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $6,846 | 4.47% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $7,516 | 4.84% |
| Galesburg, IL (FHA|USDA|VA) | 9 | $1,005,000 | $111,667 | $4,683 | 4.44% |
| Celina, OH (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $5,914 | 4.60% |
| Shelton, WA (FHA|USDA|VA) | 6 | $950,000 | $158,333 | $6,046 | 3.96% |
| REDDING, CA (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $4,737 | 5.44% |
| Key West, FL (FHA|USDA|VA) | 1 | $925,000 | $925,000 | $7,385 | 4.50% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $7,482 | 4.19% |
| AMES, IA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $5,807 | 3.88% |
| Pontiac, IL (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $4,176 | 4.54% |
| Menomonie, WI (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $7,498 | 5.17% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $7,286 | 4.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $5,874 | 5.19% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $8,177 | 4.25% |
| DUBUQUE, IA (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $4,479 | 5.22% |
| GREELEY, CO (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $2,086 | 4.58% |
| Mason City, IA (FHA|USDA|VA) | 7 | $835,000 | $119,286 | $4,535 | 5.13% |
| Ottawa, IL (FHA|USDA|VA) | 6 | $810,000 | $135,000 | $5,455 | 4.96% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $11,334 | 5.00% |
| TYLER, TX (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $6,470 | 5.97% |
| Spearfish, SD (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $6,393 | 4.06% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $5,250 | 6.81% |
| TOLEDO, OH (FHA|USDA|VA) | 5 | $775,000 | $155,000 | $5,574 | 4.90% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $3,566 | 4.25% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $6,842 | 4.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $4,273 | 3.50% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $5,778 | 5.18% |
| FOND DU LAC, WI (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $3,594 | 4.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $7,859 | 4.38% |
| Winona, MN (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $3,545 | 5.47% |
| Fremont, OH (FHA|USDA|VA) | 5 | $745,000 | $149,000 | $5,854 | 4.43% |
| NILES, MI (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $9,581 | 5.25% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $7,451 | 3.50% |
| Hannibal, MO (FHA|USDA|VA) | 6 | $720,000 | $120,000 | $2,889 | 4.48% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $1,977 | 4.47% |
| Brookings, SD (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $8,139 | 6.04% |
| Findlay, OH (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $6,760 | 5.53% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $10,382 | 4.44% |
| Beaver Dam, WI (FHA|USDA|VA) | 5 | $695,000 | $139,000 | $1,711 | 4.93% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,183 | 6.44% |
| APPLETON, WI (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,740 | 5.67% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $4,306 | 5.08% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,363 | 4.69% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $11,766 | 3.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $3,030 | 3.96% |
| Yankton, SD (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $8,895 | 4.50% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $3,071 | 6.69% |
| Clearlake, CA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,951 | 3.81% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $6,536 | 4.88% |
| Sidney, OH (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $6,187 | 5.08% |
| SANTA FE, NM (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $3,844 | 4.58% |
| MANKATO, MN (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $3,674 | 5.53% |
| GREAT FALLS, MT (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $7,687 | 4.31% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $3,286 | 4.38% |
| Muscatine, IA (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $4,394 | 5.47% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,886 | 3.69% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $4,536 | 4.33% |
| RENO, NV (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $9,079 | 4.38% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $15,999 | 4.63% |
| Bellefontaine, OH (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,860 | 5.38% |
| Harrison, AR (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $2,662 | 5.13% |
| Sikeston, MO (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $4,228 | 4.58% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,469 | 4.88% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,430 | 3.13% |
| Outside of Metro Areas | 1 | $455,000 | $455,000 | $7,561 | 3.88% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $4,962 | 4.00% |
| Lufkin, TX (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $5,293 | 4.79% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 4.63% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,939 | 5.25% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $5,249 | 3.94% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $6,768 | 4.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $3,226 | 3.88% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $3,940 | 5.21% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,368 | 3.13% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,784 | 6.25% |
| Owatonna, MN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,707 | 4.25% |
| Arkadelphia, AR (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $3,679 | 4.78% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,562 | 4.06% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $7,709 | 4.25% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,547 | 4.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $4,407 | 3.13% |
| Newport, OR (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,873 | 4.25% |
| New Ulm, MN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,916 | 5.25% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,208 | 4.63% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,876 | 4.25% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,500 | 5.38% |
| SALEM, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,570 | 4.13% |
| Marshall, MO (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $3,121 | 3.50% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,694 | 3.38% |
| Huron, SD (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,225 | 4.44% |
| Rolla, MO (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,012 | 4.06% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,834 | 5.50% |
| Waycross, GA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,887 | 4.31% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,654 | 4.25% |
| Frankfort, IN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,930 | 3.69% |
| Marion, IN (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,713 | 4.46% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,216 | 5.38% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $11,302 | 5.88% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,136 | 5.88% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $5,510 | 4.13% |
| READING, PA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,057 | 4.38% |
| West Plains, MO (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $3,612 | 4.38% |
| Ottumwa, IA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,086 | 4.75% |
| Greenwood, SC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $6,077 | 4.06% |
| Crawfordsville, IN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $4,834 | 5.44% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,868 | 5.50% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,382 | 5.50% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,365 | 5.38% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,732 | 3.38% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,895 | 7.50% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $13,669 | 6.25% |
| Craig, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,887 | 5.38% |
| Dixon, IL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,128 | 6.63% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,886 | 6.50% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,726 | 3.75% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,762 | 4.75% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,757 | 5.75% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,107 | 4.88% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,923 | 6.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,559 | 2.75% |
| Alexandria, MN (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $5,075 | 4.81% |
| Durant, OK (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,512 | 4.25% |
| Union, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,213 | 5.25% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,279 | 5.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,304 | 3.88% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,595 | 4.00% |
| SAGINAW, MI (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,497 | 5.25% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,947 | 5.13% |
| North Platte, NE (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,637 | 5.88% |
| Shelby, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,171 | 5.50% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,422 | 3.25% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $2,753 | 4.58% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,696 | 5.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $5,104 | 4.56% |
| CHICO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,596 | 3.88% |
| Kendallville, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,279 | 4.88% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $10,571 | 4.88% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,919 | 6.00% |
| Tiffin, OH (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $5,110 | 4.44% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,401 | 2.75% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,603 | 4.63% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,411 | 4.88% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,308 | 3.50% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,850 | 4.50% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,774 | 4.63% |
| Searcy, AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,530 | 3.88% |
| Torrington, CT (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,947 | 3.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,185 | 7.38% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,768 | 5.25% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,427 | 3.50% |
| Montrose, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,151 | 5.00% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,324 | 5.50% |
| OCALA, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,118 | 5.88% |
| Maryville, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,539 | 5.63% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,915 | 4.50% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,850 | 5.88% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,084 | 6.50% |
| Dublin, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,710 | 3.50% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,725 | 4.50% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,562 | 5.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,877 | 5.38% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,111 | 5.25% |
| Russellville, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,742 | 5.75% |
| DuBois, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,324 | 5.50% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,466 | 5.50% |
| Grants, NM (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,081 | 5.63% |
| Sterling, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,805 | 4.13% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,422 | 4.38% |
| Fort Dodge, IA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,886 | 6.00% |
| MONROE, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,385 | 5.25% |
| Washington, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,283 | 3.00% |
| McAlester, OK (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $4,534 | 5.81% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $3,625 | 5.75% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,414 | 5.88% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $95 | 6.13% |
| Albert Lea, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,329 | 4.88% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,642 | 3.25% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,134 | 5.88% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,997 | 4.38% |
| Houghton, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,581 | 4.63% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,978 | 5.50% |
| Alpena, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,456 | 3.50% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,619 | 5.88% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,593 | 5.13% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,502 | 7.13% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,188 | 4.63% |
| Marshall, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,921 | 5.88% |
| Miami, OK (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,961 | 4.25% |
| Peru, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $2,807 | 5.00% |
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Product Mix
For 2022, Servion's most frequently originated type of loan was Conventional, with 2,285 originations. Their 2nd most popular type was FHA, with 412 originations.
Loan Reason
For 2022, Servion's most frequently cited loan purpose was Home Purchase, with 1,926 originations. The 2nd most popular reason was Cash Out Refi, with 694 originations.
Loan Duration/Length
For 2022, Servion's most frequently cited loan duration was 30 Year, with 2,404 originations. The 2nd most popular length was 15 Year, with 359 originations.
Origination Fees/Closing Costs
Servion's average total fees were $5,094, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 892 originations.
Interest Rates
During 2022, Servion's average interest rate for loans was 4.81%, while their most frequently originated rate bucket for loans was 3-4%, with 833 originations.
Loan Sizing
2022 saw Servion place emphasis on $200k-400k loans with 1,217 originations, totaling $331,775,000 in origination value.
Applicant Income
Servion lent most frequently to those with incomes in the $50k-75k range, with 838 originations. The second most popular income band? $75k-100k, with 625 originations.
Applicant Debt to Income Ratio
Servion lent most frequently to those with DTI ratios of 20-30%, with 614 originations. The next most common DTI ratio? 30-36%, with 601 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.14%
Servion has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.24%
Servion has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,964 | $633,020,000 | $213,570 |