Jlb Corporation Mortgage Rates, Fees & Info

Clayton, MO

LEI: 549300DX0B304LAKUN93

Tax ID: 43-1901144

4.9 stars - out of 5 stars, based on 89 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Jlb Corporation is a small mortgage company specializing in Cash Out Refi and Refi loans. Jlb Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include St. Louis, Kansas City, Pittsburgh, Indianapolis, and Portland among others. Jlb Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Jlb Corporation is typically an average fee lendor.


Originations

7,886

Origination Dollar Volume (All Markets)

$1,505,450,000
Show all (9) awards

Relative Rate

Jlb Corporation's average 30 year fixed rate mortgage of loans were 3.13%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.02%.

Relative Fees

Jlb Corporation's average total fees for a 30 year fixed rate mortgage are $4,918.

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 $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ST. LOUIS, MO-IL (FHA|USDA|VA) 3,114 $571,450,000 $183,510 $4,205 2.97%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1,387 $262,105,000 $188,973 $4,605 3.02%
PITTSBURGH, PA (FHA|USDA|VA) 1,403 $251,015,000 $178,913 $5,376 3.01%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 472 $80,870,000 $171,335 $4,727 3.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 247 $74,485,000 $301,559 $6,103 2.99%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 229 $71,585,000 $312,598 $5,773 3.04%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 208 $45,880,000 $220,577 $5,276 3.10%
Outside of Metro Areas 121 $19,295,000 $159,463 $4,556 3.03%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 102 $16,620,000 $162,941 $4,951 3.07%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 46 $9,360,000 $203,478 $4,516 2.92%
SALEM, OR (FHA|USDA|VA) 36 $8,740,000 $242,778 $5,803 2.95%
GREELEY, CO (FHA|USDA|VA) 26 $7,500,000 $288,462 $5,949 3.00%
New Castle, PA (FHA|USDA|VA) 31 $4,315,000 $139,194 $5,168 3.12%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 20 $3,800,000 $190,000 $5,410 2.98%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 20 $3,490,000 $174,500 $5,126 2.93%
Farmington, MO (FHA|USDA|VA) 21 $3,455,000 $164,524 $4,302 3.02%
COLORADO SPRINGS, CO (FHA|USDA|VA) 12 $3,160,000 $263,333 $5,265 3.02%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 19 $3,015,000 $158,684 $4,764 3.07%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $2,585,000 $172,333 $4,842 2.92%
FORT COLLINS, CO (FHA|USDA|VA) 9 $2,405,000 $267,222 $5,972 3.01%
LAWRENCE, KS (FHA|USDA|VA) 12 $2,050,000 $170,833 $4,408 2.99%
SPRINGFIELD, MO (FHA|USDA|VA) 13 $1,825,000 $140,385 $4,293 3.03%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 11 $1,785,000 $162,273 $5,693 3.08%
BOULDER, CO (FHA|USDA|VA) 6 $1,770,000 $295,000 $4,728 3.17%
COLUMBUS, OH (FHA|USDA|VA) 9 $1,695,000 $188,333 $5,842 3.17%
AKRON, OH (FHA|USDA|VA) 9 $1,545,000 $171,667 $5,735 2.89%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 7 $1,485,000 $212,143 $5,057 2.73%
Warrensburg, MO (FHA|USDA|VA) 8 $1,410,000 $176,250 $4,449 3.09%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 9 $1,385,000 $153,889 $4,770 3.15%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,205,000 $241,000 $5,978 3.25%
TOPEKA, KS (FHA|USDA|VA) 9 $1,155,000 $128,333 $4,006 2.96%
MUNCIE, IN (FHA|USDA|VA) 8 $1,150,000 $143,750 $4,520 3.20%
KNOXVILLE, TN (FHA|USDA|VA) 8 $1,140,000 $142,500 $4,637 3.14%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,130,000 $188,333 $5,416 3.00%
Indiana, PA (FHA|USDA|VA) 8 $1,130,000 $141,250 $4,592 2.88%
TULSA, OK (FHA|USDA|VA) 6 $1,110,000 $185,000 $7,004 3.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,100,000 $275,000 $5,150 3.13%
Ottawa, KS (FHA|USDA|VA) 6 $1,090,000 $181,667 $5,208 2.96%
OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $1,085,000 $155,000 $4,759 2.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,075,000 $358,333 $10,489 2.46%
New Castle, IN (FHA|USDA|VA) 9 $1,055,000 $117,222 $4,136 3.13%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,020,000 $255,000 $5,341 2.53%
CANTON-MASSILLON, OH (FHA|USDA|VA) 6 $1,010,000 $168,333 $4,704 2.81%
Shelbyville, TN (FHA|USDA|VA) 6 $970,000 $161,667 $4,234 3.25%
BLOOMINGTON, IN (FHA|USDA|VA) 5 $925,000 $185,000 $5,899 3.03%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $890,000 $148,333 $4,352 2.98%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $865,000 $173,000 $4,680 3.03%
COLUMBIA, MO (FHA|USDA|VA) 5 $815,000 $163,000 $3,110 2.85%
Fort Morgan, CO (FHA|USDA|VA) 3 $755,000 $251,667 $5,753 3.04%
PUEBLO, CO (FHA|USDA|VA) 4 $750,000 $187,500 $5,377 3.22%
Lewisburg, TN (FHA|USDA|VA) 5 $745,000 $149,000 $4,612 3.15%
Prineville, OR (FHA|USDA|VA) 2 $700,000 $350,000 $5,397 3.56%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $665,000 $221,667 $6,546 3.25%
Oil City, PA (FHA|USDA|VA) 3 $635,000 $211,667 $5,588 3.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $625,000 $208,333 $4,195 3.21%
EVANSVILLE, IN-KY (FHA|USDA|VA) 5 $615,000 $123,000 $4,557 3.33%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $610,000 $305,000 $5,199 3.00%
KOKOMO, IN (FHA|USDA|VA) 5 $605,000 $121,000 $5,178 2.83%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $605,000 $201,667 $5,481 3.58%
TOLEDO, OH (FHA|USDA|VA) 3 $585,000 $195,000 $6,814 3.04%
OCALA, FL (FHA|USDA|VA) 3 $545,000 $181,667 $4,610 2.79%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $540,000 $270,000 $4,960 3.00%
BEND, OR (FHA|USDA|VA) 2 $520,000 $260,000 $4,606 3.50%
FORT WAYNE, IN (FHA|USDA|VA) 4 $490,000 $122,500 $3,758 3.44%
Montrose, CO (FHA|USDA|VA) 2 $480,000 $240,000 $4,704 3.25%
Centralia, WA (FHA|USDA|VA) 1 $475,000 $475,000 $10,978 3.25%
Meadville, PA (FHA|USDA|VA) 5 $475,000 $95,000 $4,191 3.10%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $470,000 $235,000 $5,175 3.31%
READING, PA (FHA|USDA|VA) 1 $465,000 $465,000 $6,173 3.00%
MANHATTAN, KS (FHA|USDA|VA) 2 $440,000 $220,000 $4,285 2.63%
Sedalia, MO (FHA|USDA|VA) 2 $420,000 $210,000 $3,607 2.69%
Salem, OH (FHA|USDA|VA) 2 $410,000 $205,000 $3,799 2.88%
Somerset, PA (FHA|USDA|VA) 2 $390,000 $195,000 $5,008 2.81%
WICHITA, KS (FHA|USDA|VA) 3 $385,000 $128,333 $4,965 2.83%
Greensburg, IN (FHA|USDA|VA) 2 $370,000 $185,000 $6,382 3.19%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $4,190 2.88%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $340,000 $170,000 $4,985 3.00%
McMinnville, TN (FHA|USDA|VA) 2 $330,000 $165,000 $7,575 2.75%
TERRE HAUTE, IN (FHA|USDA|VA) 2 $330,000 $165,000 $3,900 3.13%
Lebanon, MO (FHA|USDA|VA) 1 $305,000 $305,000 $5,298 4.00%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $305,000 $305,000 $4,904 3.25%
Alexandria, MN (FHA|USDA|VA) 1 $285,000 $285,000 $4,404 3.38%
Marion, IN (FHA|USDA|VA) 3 $275,000 $91,667 $4,114 2.96%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $270,000 $135,000 $5,621 3.25%
GREEN BAY, WI (FHA|USDA|VA) 2 $270,000 $135,000 $3,522 3.06%
Marshall, MO (FHA|USDA|VA) 2 $260,000 $130,000 $5,712 2.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,910 2.50%
Greeneville, TN (FHA|USDA|VA) 1 $255,000 $255,000 $8,260 2.50%
JACKSON, TN (FHA|USDA|VA) 2 $250,000 $125,000 $4,988 3.00%
Centralia, IL (FHA|USDA|VA) 2 $240,000 $120,000 $5,420 2.75%
Astoria, OR (FHA|USDA|VA) 1 $235,000 $235,000 $5,877 3.00%
GETTYSBURG, PA (FHA|USDA|VA) 1 $235,000 $235,000 $5,393 2.63%
Rolla, MO (FHA|USDA|VA) 1 $235,000 $235,000 $8,106 2.25%
GRANTS PASS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $7,666 3.50%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,301 3.88%
RACINE, WI (FHA|USDA|VA) 2 $220,000 $110,000 $3,942 2.69%
Ashtabula, OH (FHA|USDA|VA) 2 $210,000 $105,000 $3,943 2.88%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $205,000 $205,000 $7,231 2.88%
JOPLIN, MO (FHA|USDA|VA) 1 $205,000 $205,000 $7,162 2.75%
Hannibal, MO (FHA|USDA|VA) 2 $200,000 $100,000 $3,675 2.56%
Atchison, KS (FHA|USDA|VA) 2 $200,000 $100,000 $3,403 3.25%
Seymour, IN (FHA|USDA|VA) 1 $185,000 $185,000 $5,121 2.50%
Sevierville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $3,946 3.88%
Coos Bay, OR (FHA|USDA|VA) 1 $185,000 $185,000 $6,187 2.88%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,947 2.88%
Burlington, IA-IL (FHA|USDA|VA) 1 $165,000 $165,000 $7,934 2.63%
LONGVIEW, WA (FHA|USDA|VA) 1 $165,000 $165,000 $7,003 3.00%
Zanesville, OH (FHA|USDA|VA) 1 $165,000 $165,000 $7,576 2.75%
Celina, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,526 3.50%
Kennett, MO (FHA|USDA|VA) 1 $155,000 $155,000 $3,821 3.63%
Sandusky, OH (FHA|USDA|VA) 1 $145,000 $145,000 $5,970 3.25%
PANAMA CITY, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,594 3.88%
DuBois, PA (FHA|USDA|VA) 1 $135,000 $135,000 $6,558 2.75%
Logansport, IN (FHA|USDA|VA) 1 $135,000 $135,000 $3,959 3.50%
Whitewater, WI (FHA|USDA|VA) 1 $125,000 $125,000 $4,080 3.38%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,876 2.63%
Sterling, CO (FHA|USDA|VA) 1 $125,000 $125,000 $4,943 3.38%
Dayton, TN (FHA|USDA|VA) 1 $125,000 $125,000 $3,575 3.38%
Jasper, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,022 3.25%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $115,000 $115,000 $5,112 3.25%
Glenwood Springs, CO (FHA|USDA|VA) 1 $115,000 $115,000 $5,041 3.38%
St. Marys, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,560 3.63%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $105,000 $105,000 $3,821 2.38%
Frankfort, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,884 2.88%
Branson, MO (FHA|USDA|VA) 1 $95,000 $95,000 $2,782 3.25%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,953 3.50%
Crawfordsville, IN (FHA|USDA|VA) 1 $85,000 $85,000 $4,908 3.00%
North Vernon, IN (FHA|USDA|VA) 1 $85,000 $85,000 $3,408 3.25%
COLUMBUS, IN (FHA|USDA|VA) 1 $75,000 $75,000 $4,175 2.88%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $75,000 $75,000 $4,026 3.38%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $65,000 $65,000 $4,419 2.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $55,000 $55,000 $4,192 3.25%
Paris, TN (FHA|USDA|VA) 1 $45,000 $45,000 $3,251 2.63%

Jlb Corporation's top markets include St. Louis, Kansas City, Pittsburgh, Indianapolis, and Portland among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,783 $1,297,775,000 $191,328 $4,322 3.04%
FHA 1,103 $207,675,000 $188,282 $7,221 2.79%

For the 2021 period, Jlb Corporation's most frequently originated loan type of loans were Conventional, with 6,783 originations. Their 2nd most popular type is FHA, with 1,103 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 4,204 $793,660,000 $188,787 $4,968 3.11%
Refi 3,129 $590,045,000 $188,573 $4,368 2.85%
Home Purchase 553 $121,745,000 $220,154 $4,928 3.11%

For the 2021, Jlb Corporation's most frequently cited loan purpose of loans were Cash Out Refi, with 4,204 originations. The 2nd most popular reason of loans were Refi, with 3,129 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,428 $1,087,200,000 $200,295 $4,918 3.13%
15 Year 1,928 $312,540,000 $162,106 $4,252 2.64%
20 Year 351 $69,585,000 $198,248 $4,552 3.02%
Other 136 $29,940,000 $220,147 $4,521 3.05%
10 Year 43 $6,185,000 $143,837 $4,038 2.58%

For the 2021, Jlb Corporation's most frequently cited loan length of loans were 30 Year, with 5,428 originations. The 2nd most popular length of loans were 15 Year, with 1,928 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$2k-3k 5,260 $920,250,000 $174,952
$3k-4k 1,669 $350,645,000 $210,093
$1k-2k 548 $110,750,000 $202,099
$5k+ 297 $96,025,000 $323,316
$<1k 112 $27,780,000 $248,036

$4,918 of loans were Jlb Corporation's average total fees, while their most frequently occuring range of origination fees were in the $2k-3k bucket, with 5,260 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 3,438 $642,400,000 $186,853
3-4% 3,192 $638,840,000 $200,138
<2.5% 1,142 $202,890,000 $177,662
4-5% 114 $21,320,000 $187,018

During 2021, Jlb Corporation's average interest rate of loans were 3.13%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,438 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 4,083 $603,145,000 $147,721 $4,415 2.98%
$200k-400k 2,594 $695,110,000 $267,968 $5,369 3.04%
$100,000 or less 934 $75,380,000 $80,707 $3,896 2.98%
$400k-600k 270 $128,690,000 $476,630 $6,138 3.09%
$600k-1MM 5 $3,125,000 $625,000 $5,825 3.30%

2021 saw Jlb Corporation place emphasis on $100k-200k loans with 4,083 originations, totaling $603,145,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 2,264 $374,260,000 $165,309 $4,633 3.02%
$100k-150k 1,751 $404,015,000 $230,734 $4,897 2.99%
$50k or less 1,560 $199,190,000 $127,686 $4,448 3.01%
$75k-100k 1,520 $293,270,000 $192,941 $4,778 3.00%
$150k-250k 697 $200,425,000 $287,554 $5,080 2.98%
$250k+ 89 $33,395,000 $375,225 $5,014 2.90%

Jlb Corporation lent most frequently to those with incomes in the $50k-75k range, with 2,264 originations. The second most popular income band? $100k-150k, with 1,751 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,915 $352,495,000 $184,070 $4,369 2.96%
30-36% 1,557 $302,135,000 $194,049 $4,612 3.02%
<20% 690 $115,850,000 $167,899 $4,109 2.88%
44% 351 $71,505,000 $203,718 $4,986 3.17%
41% 325 $65,435,000 $201,338 $4,906 3.09%
43% 318 $61,920,000 $194,717 $4,840 3.11%
40% 317 $62,355,000 $196,703 $4,830 3.02%
50-60% 291 $52,835,000 $181,564 $7,014 2.77%
39% 284 $56,100,000 $197,535 $4,904 3.11%
38% 281 $54,675,000 $194,573 $4,683 3.12%
42% 277 $59,195,000 $213,700 $5,152 3.09%
36% 270 $52,880,000 $195,852 $4,783 3.02%
37% 270 $50,150,000 $185,741 $4,735 3.03%
49% 185 $37,465,000 $202,514 $5,256 3.00%
45% 149 $29,935,000 $200,906 $5,056 3.03%
47% 140 $27,080,000 $193,429 $5,004 2.99%
46% 139 $28,515,000 $205,144 $5,030 2.98%
48% 126 $24,540,000 $194,762 $4,777 2.99%
>60% 1 $385,000 $385,000 $8,425 3.00%

Jlb Corporation lent most frequently to those with DTI ratios of 20-30%, with 1,915 originations. The next most common DTI ratio? 30-36%, with 1,557 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 6,838 $1,308,260,000 $191,322 $4,723 3.00%
Not provided 700 $137,470,000 $196,386 $4,750 3.00%
Black 275 $44,415,000 $161,509 $4,697 3.02%
Asian 52 $10,510,000 $202,115 $4,833 2.91%
American Indian 16 $3,760,000 $235,000 $5,456 2.98%
Native Hawaiian 5 $1,035,000 $207,000 $6,057 3.05%

Approval Rates

Total approvals of all applications
98.45%

Jlb Corporation 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
67.19%

Jlb Corporation has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 7,886 $1,505,450,000 $190,902

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
7,886 $1,505,450,000 $190,902

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 296 $36,680,000 $123,919 $4,015 2.79%
40-60% 1,381 $222,785,000 $161,322 $4,161 2.87%
60-80% 4,617 $910,825,000 $197,276 $4,652 3.07%
80-100% 1,583 $334,405,000 $211,248 $5,578 2.98%
Under 20% 9 $755,000 $83,889 $3,994 2.74%