Broker Solutions Mortgage Rates, Fees & Info

SACRAMENTO, CA

LEI: 549300E2UX99HKDBR481

Tax ID: 01-0726495

2020 Data | 2019 Data | 2018 Data


Overview

Broker Solutions is a large mortgage company specializing in Refi and Home Purchase loans. Broker Solutions 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 include Los Angeles, Anaheim, Riverside, Denver, and Atlanta 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. Broker Solutions is typically an average fee lendor.


Originations

103,711

Origination Dollar Volume (All Markets)

$30,376,825,000

Relative Rate

Broker Solutions 's average 30 year fixed rate mortgage was 3.18%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.18%.

Relative Fees

Broker Solutions 's average total fees for a 30 year fixed rate mortgage are $5,504.

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 $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 70,977 $21,732,705,000 $306,194 $4,306 3.09%
FHA 20,363 $4,942,755,000 $242,732 $8,392 3.32%
VA 11,294 $3,507,660,000 $310,577 $5,670 2.96%
USDA 1,077 $193,705,000 $179,856 $5,428 3.28%

For the 2020 period, Broker Solutions 's most frequently originated loan type was Conventional, with 70,977 originations. Their 2nd most popular type is FHA, with 20,363 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 49,129 $15,137,665,000 $308,121 $4,425 3.05%
Home Purchase 40,005 $10,806,355,000 $270,125 $6,312 3.17%
Cash Out Refi 13,079 $3,962,635,000 $302,977 $5,321 3.29%
Home Improvement 1,498 $470,170,000 $313,865 $5,126 3.12%

For the 2020, Broker Solutions 's most frequently cited loan purpose was Refi, with 49,129 originations. The 2nd most popular reason was Home Purchase, with 40,005 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 90,445 $27,104,265,000 $299,677 $5,504 3.18%
15 Year 8,651 $2,144,695,000 $247,913 $3,785 2.68%
20 Year 2,032 $571,870,000 $281,432 $3,942 3.03%
Other 1,556 $450,360,000 $289,434 $3,889 3.00%
10 Year 843 $103,795,000 $123,126 $1,923 2.58%
3 Year 150 $1,500,000 $10,000 $4 0.00%
5 Year 34 $340,000 $10,000 $5 0.00%

For the 2020, Broker Solutions 's most frequently cited loan length was 30 Year, with 90,445 originations. The 2nd most popular length was 15 Year, with 8,651 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 58,154 $17,707,090,000 $304,486
$3k-4k 12,773 $3,736,345,000 $292,519
$<1k 12,714 $2,615,320,000 $205,704
$2k-3k 12,229 $3,179,705,000 $260,013
$5k+ 6,996 $2,923,210,000 $417,840

$5,504 was Broker Solutions 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 58,154 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA 7,818 $3,445,400,000 $440,701 $6,035 3.16%
ANAHEIM-SANTA ANA-IRVINE, CA 4,110 $2,078,420,000 $505,698 $5,316 3.13%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 6,585 $2,065,755,000 $313,706 $5,645 3.10%
DENVER-AURORA-LAKEWOOD, CO 4,523 $1,538,825,000 $340,222 $4,889 3.07%
Outside of Metro Areas 6,678 $1,443,510,000 $216,159 $5,076 3.20%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 6,072 $1,403,090,000 $231,075 $5,623 3.21%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 4,893 $1,294,615,000 $264,585 $4,925 3.06%
ST. LOUIS, MO-IL 5,168 $1,097,310,000 $212,328 $3,523 3.12%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 1,832 $792,560,000 $432,620 $6,065 3.10%
LAS VEGAS-HENDERSON-PARADISE, NV 2,463 $671,975,000 $272,828 $5,373 3.15%
SEATTLE-BELLEVUE-KENT, WA 1,604 $602,310,000 $375,505 $5,550 3.06%
PHOENIX-MESA-CHANDLER, AZ 2,093 $543,075,000 $259,472 $4,693 3.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1,295 $431,815,000 $333,448 $5,491 3.06%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 1,017 $380,105,000 $373,751 $4,977 2.97%
SAVANNAH, GA 1,383 $337,245,000 $243,850 $5,355 3.07%
RENO, NV 1,014 $311,820,000 $307,515 $6,134 3.15%
OAKLAND-BERKELEY-LIVERMORE, CA 668 $301,330,000 $451,093 $5,957 3.03%
SALT LAKE CITY, UT 993 $289,985,000 $292,029 $5,318 3.24%
ORLANDO-KISSIMMEE-SANFORD, FL 1,140 $282,390,000 $247,711 $7,695 3.25%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 462 $271,390,000 $587,424 $5,332 3.14%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 861 $251,235,000 $291,794 $4,455 3.07%
TACOMA-LAKEWOOD, WA 766 $250,730,000 $327,324 $5,522 3.04%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 707 $231,435,000 $327,348 $5,110 3.06%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 909 $219,905,000 $241,920 $5,431 3.12%
AUGUSTA-RICHMOND COUNTY, GA-SC 1,004 $215,010,000 $214,153 $5,736 3.11%
OXNARD-THOUSAND OAKS-VENTURA, CA 488 $209,960,000 $430,246 $5,703 3.11%
DALLAS-PLANO-IRVING, TX 729 $204,405,000 $280,391 $5,549 3.15%
EL PASO, TX 1,050 $195,690,000 $186,371 $5,322 2.97%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 820 $192,440,000 $234,683 $5,075 3.21%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 669 $181,755,000 $271,682 $6,284 2.86%
GREELEY, CO 578 $174,550,000 $301,990 $5,238 3.00%
COLORADO SPRINGS, CO 591 $173,085,000 $292,868 $4,987 3.03%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 532 $158,750,000 $298,402 $5,194 3.12%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 455 $151,935,000 $333,923 $5,367 3.02%
STOCKTON, CA 504 $151,410,000 $300,417 $6,044 3.08%
RALEIGH-CARY, NC 537 $143,725,000 $267,644 $4,498 3.05%
BOSTON, MA 393 $143,715,000 $365,687 $4,516 3.10%
COLUMBIA, SC 779 $141,825,000 $182,060 $4,757 2.99%
SANTA MARIA-SANTA BARBARA, CA 270 $138,900,000 $514,444 $4,757 3.15%
CHICAGO-NAPERVILLE-EVANSTON, IL 517 $137,065,000 $265,116 $4,656 3.12%
BALTIMORE-COLUMBIA-TOWSON, MD 406 $122,800,000 $302,463 $5,314 3.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 491 $119,595,000 $243,574 $5,776 3.11%
SANTA ROSA-PETALUMA, CA 264 $119,350,000 $452,083 $7,498 3.21%
NAPLES-MARCO ISLAND, FL 414 $118,730,000 $286,787 $7,346 3.29%
OGDEN-CLEARFIELD, UT 417 $118,145,000 $283,321 $5,599 3.12%
CHATTANOOGA, TN-GA 537 $117,545,000 $218,892 $4,099 3.18%
KANSAS CITY, MO-KS 542 $117,340,000 $216,494 $4,204 3.14%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 304 $115,770,000 $380,822 $4,712 2.99%
FORT COLLINS, CO 344 $113,530,000 $330,029 $4,679 3.06%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 411 $112,985,000 $274,903 $5,479 3.12%
LAKE HAVASU CITY-KINGMAN, AZ 565 $112,605,000 $199,301 $4,915 3.32%
SPOKANE-SPOKANE VALLEY, WA 430 $103,910,000 $241,651 $5,252 3.00%
WARNER ROBINS, GA 472 $101,680,000 $215,424 $4,800 3.21%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 345 $99,235,000 $287,638 $6,021 3.01%
WARREN-TROY-FARMINGTON HILLS, MI 441 $98,345,000 $223,005 $4,485 3.20%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 162 $93,610,000 $577,840 $5,398 3.04%
VALLEJO, CA 244 $85,440,000 $350,164 $5,873 3.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN 392 $85,100,000 $217,092 $4,374 3.22%
CAPE CORAL-FORT MYERS, FL 360 $84,870,000 $235,750 $6,177 3.28%
PROVO-OREM, UT 274 $82,030,000 $299,380 $5,459 3.18%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 268 $81,470,000 $303,993 $7,145 3.09%
LANCASTER, PA 389 $81,325,000 $209,062 $5,811 3.08%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 457 $79,625,000 $174,234 $4,270 3.12%
PENSACOLA-FERRY PASS-BRENT, FL 311 $79,445,000 $255,450 $5,652 2.95%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 320 $78,130,000 $244,156 $5,357 3.23%
PROVIDENCE-WARWICK, RI-MA 252 $75,600,000 $300,000 $6,566 3.06%
BAKERSFIELD, CA 320 $74,200,000 $231,875 $5,201 3.11%
NEW BRUNSWICK-LAKEWOOD, NJ 225 $74,035,000 $329,044 $5,807 3.01%
ALBUQUERQUE, NM 312 $73,430,000 $235,353 $5,010 3.18%
MODESTO, CA 287 $72,615,000 $253,014 $5,825 3.05%
PHILADELPHIA, PA 323 $71,425,000 $221,130 $5,835 3.15%
SAN ANTONIO-NEW BRAUNFELS, TX 286 $70,220,000 $245,524 $5,509 3.12%
GRAND JUNCTION, CO 280 $68,740,000 $245,500 $4,386 3.08%
NEWARK, NJ-PA 191 $68,495,000 $358,613 $5,662 3.04%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 183 $68,475,000 $374,180 $5,726 2.96%
DURHAM-CHAPEL HILL, NC 249 $67,495,000 $271,064 $4,055 3.09%
LAS CRUCES, NM 405 $67,155,000 $165,815 $4,933 3.44%
FRESNO, CA 257 $66,745,000 $259,708 $5,136 3.14%
SAN RAFAEL, CA 113 $64,895,000 $574,292 $5,802 3.11%
JACKSONVILLE, FL 225 $58,985,000 $262,156 $5,880 3.15%
GREENVILLE-ANDERSON, SC 292 $58,390,000 $199,966 $4,463 3.07%
MILWAUKEE-WAUKESHA, WI 256 $57,840,000 $225,938 $4,212 3.29%
MIAMI-MIAMI BEACH-KENDALL, FL 178 $57,390,000 $322,416 $6,841 3.06%
SPRINGFIELD, MO 312 $57,310,000 $183,686 $3,825 3.23%
BOISE CITY, ID 204 $57,040,000 $279,608 $5,078 3.12%
BOULDER, CO 156 $56,640,000 $363,077 $4,322 3.03%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 192 $54,850,000 $285,677 $6,084 3.19%
WILMINGTON, DE-MD-NJ 218 $53,500,000 $245,413 $5,902 3.11%
LAKELAND-WINTER HAVEN, FL 252 $52,060,000 $206,587 $7,775 3.32%
BEND, OR 142 $50,080,000 $352,676 $5,518 3.16%
ST. GEORGE, UT 176 $49,890,000 $283,466 $5,080 3.24%
RICHMOND, VA 182 $49,730,000 $273,242 $4,925 3.11%
COLUMBUS, OH 213 $49,485,000 $232,324 $4,532 3.19%
CINCINNATI, OH-KY-IN 204 $47,060,000 $230,686 $4,579 3.20%
TUCSON, AZ 216 $45,700,000 $211,574 $4,832 3.22%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 117 $44,865,000 $383,462 $5,932 3.00%
CAMDEN, NJ 186 $43,810,000 $235,538 $4,962 3.06%
PANAMA CITY, FL 189 $42,515,000 $224,947 $4,848 2.81%
GAINESVILLE, GA 181 $41,945,000 $231,740 $5,935 3.23%
OLYMPIA-LACEY-TUMWATER, WA 151 $41,475,000 $274,669 $5,046 3.03%
MEMPHIS, TN-MS-AR 177 $40,665,000 $229,746 $5,062 3.32%
CHARLESTON-NORTH CHARLESTON, SC 165 $40,555,000 $245,788 $5,367 2.99%
COLUMBUS, GA-AL 202 $40,470,000 $200,347 $5,959 2.96%
PRESCOTT VALLEY-PRESCOTT, AZ 146 $39,710,000 $271,986 $4,640 3.27%
SAN LUIS OBISPO-PASO ROBLES, CA 104 $39,270,000 $377,596 $4,601 3.05%
ST. CLOUD, MN 180 $38,420,000 $213,444 $4,347 3.07%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 181 $37,365,000 $206,436 $6,729 3.26%
DETROIT-DEARBORN-LIVONIA, MI 206 $37,130,000 $180,243 $4,555 3.22%
TULSA, OK 163 $35,335,000 $216,779 $6,069 3.27%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 174 $34,580,000 $198,736 $4,197 3.18%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 113 $34,505,000 $305,354 $5,017 3.04%
SALEM, OR 119 $33,645,000 $282,731 $5,640 3.12%
PITTSBURGH, PA 157 $33,115,000 $210,924 $5,826 3.06%
ANN ARBOR, MI 130 $32,520,000 $250,154 $4,140 3.11%
DES MOINES-WEST DES MOINES, IA 175 $32,235,000 $184,200 $4,238 2.84%
HUNTSVILLE, AL 128 $31,220,000 $243,906 $4,370 3.07%
WORCESTER, MA-CT 103 $30,955,000 $300,534 $4,942 3.09%
COEUR D'ALENE, ID 100 $29,060,000 $290,600 $4,889 3.14%
BIRMINGHAM-HOOVER, AL 127 $29,045,000 $228,701 $4,837 3.16%
BRIDGEPORT-STAMFORD-NORWALK, CT 78 $28,540,000 $365,897 $5,418 3.02%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 113 $27,895,000 $246,858 $5,597 3.09%
CARSON CITY, NV 100 $27,790,000 $277,900 $6,727 3.14%
DECATUR, AL 150 $27,560,000 $183,733 $4,182 3.05%
HINESVILLE, GA 148 $27,450,000 $185,473 $5,913 3.05%
GARY, IN 128 $26,970,000 $210,703 $5,035 3.27%
NORTH PORT-SARASOTA-BRADENTON, FL 104 $26,740,000 $257,115 $5,810 3.25%
PUEBLO, CO 139 $26,685,000 $191,978 $5,291 2.91%
DULUTH, MN-WI 129 $26,625,000 $206,395 $4,111 3.14%
SCRANTON--WILKES-BARRE, PA 170 $26,400,000 $155,294 $6,427 3.21%
SALINAS, CA 63 $26,325,000 $417,857 $5,557 3.12%
BELLINGHAM, WA 77 $25,505,000 $331,234 $5,006 3.08%
CLEVELAND-ELYRIA, OH 131 $25,475,000 $194,466 $4,504 3.24%
SANTA CRUZ-WATSONVILLE, CA 55 $25,355,000 $461,000 $5,049 2.98%
ANCHORAGE, AK 80 $23,560,000 $294,500 $6,393 3.00%
OMAHA-COUNCIL BLUFFS, NE-IA 106 $22,330,000 $210,660 $4,516 3.17%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 90 $22,310,000 $247,889 $4,082 3.11%
MANCHESTER-NASHUA, NH 77 $21,805,000 $283,182 $5,372 3.01%
NEW HAVEN-MILFORD, CT 94 $21,080,000 $224,255 $5,898 3.20%
OKLAHOMA CITY, OK 96 $20,870,000 $217,396 $5,537 3.21%
MACON-BIBB COUNTY, GA 104 $20,790,000 $199,904 $4,758 3.33%
KNOXVILLE, TN 89 $20,665,000 $232,191 $4,602 3.13%
KENNEWICK-RICHLAND, WA 83 $20,575,000 $247,892 $4,600 2.98%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 88 $20,470,000 $232,614 $6,033 3.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL 84 $20,080,000 $239,048 $5,744 3.21%
MERCED, CA 88 $20,080,000 $228,182 $5,530 3.11%
NEW ORLEANS-METAIRIE, LA 82 $19,930,000 $243,049 $5,621 3.18%
BARNSTABLE TOWN, MA 64 $19,730,000 $308,281 $4,256 3.03%
EUGENE-SPRINGFIELD, OR 66 $19,630,000 $297,424 $5,152 3.11%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 80 $19,570,000 $244,625 $4,326 3.20%
ASHEVILLE, NC 74 $19,460,000 $262,973 $4,872 3.15%
FAYETTEVILLE, NC 98 $18,980,000 $193,673 $5,341 3.19%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 79 $18,065,000 $228,671 $5,278 3.23%
GRAND RAPIDS-KENTWOOD, MI 81 $16,995,000 $209,815 $4,468 3.23%
HILTON HEAD ISLAND-BLUFFTON, SC 59 $16,425,000 $278,390 $5,109 3.14%
PORT ST. LUCIE, FL 66 $15,890,000 $240,758 $5,683 3.16%
ELGIN, IL 67 $15,595,000 $232,761 $5,632 3.07%
VISALIA, CA 64 $15,530,000 $242,656 $5,314 3.23%
MORRISTOWN, TN 89 $15,505,000 $174,213 $4,503 2.97%
SPARTANBURG, SC 78 $15,310,000 $196,282 $5,174 3.29%
WENATCHEE, WA 56 $15,070,000 $269,107 $4,703 3.24%
DALTON, GA 101 $14,975,000 $148,267 $4,654 3.22%
WINSTON-SALEM, NC 69 $14,525,000 $210,507 $4,861 3.22%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 64 $14,400,000 $225,000 $4,323 3.14%
SHEBOYGAN, WI 85 $14,275,000 $167,941 $3,670 3.22%
SALISBURY, MD-DE 49 $13,915,000 $283,980 $4,604 3.05%
READING, PA 76 $13,700,000 $180,263 $6,685 3.13%
MOUNT VERNON-ANACORTES, WA 45 $13,695,000 $304,333 $6,027 3.20%
NAPA, CA 32 $13,190,000 $412,188 $5,441 3.16%
AKRON, OH 64 $13,110,000 $204,844 $4,737 3.32%
SPRINGFIELD, MA 50 $13,030,000 $260,600 $5,094 3.09%
GREENSBORO-HIGH POINT, NC 60 $12,600,000 $210,000 $4,939 3.16%
COLLEGE STATION-BRYAN, TX 63 $12,595,000 $199,921 $4,806 3.27%
OCALA, FL 75 $12,485,000 $166,467 $5,730 3.31%
MADERA, CA 42 $12,330,000 $293,571 $4,972 3.17%
YORK-HANOVER, PA 59 $12,135,000 $205,678 $5,481 3.25%
PORTLAND-SOUTH PORTLAND, ME 45 $11,645,000 $258,778 $4,527 3.11%
WICHITA, KS 58 $11,580,000 $199,655 $4,357 3.03%
MEDFORD, OR 38 $11,030,000 $290,263 $4,688 3.07%
SANTA FE, NM 40 $10,910,000 $272,750 $4,480 3.15%
HARRISBURG-CARLISLE, PA 49 $10,815,000 $220,714 $6,535 3.27%
REDDING, CA 43 $10,735,000 $249,651 $4,969 3.19%
DAYTON-KETTERING, OH 50 $10,730,000 $214,600 $5,778 3.11%
TRENTON-PRINCETON, NJ 38 $10,720,000 $282,105 $4,881 2.97%
DOVER, DE 43 $10,575,000 $245,930 $5,781 3.26%
LEXINGTON-FAYETTE, KY 39 $10,105,000 $259,103 $4,474 3.25%
AUBURN-OPELIKA, AL 47 $9,905,000 $210,745 $6,247 3.03%
CORPUS CHRISTI, TX 42 $9,450,000 $225,000 $5,663 3.31%
ALBANY-LEBANON, OR 34 $9,400,000 $276,471 $6,686 3.22%
LEBANON, PA 47 $9,255,000 $196,915 $5,314 3.05%
CHICO, CA 35 $9,195,000 $262,714 $4,294 3.27%
FLAGSTAFF, AZ 35 $9,165,000 $261,857 $4,584 3.21%
OCEAN CITY, NJ 35 $9,155,000 $261,571 $5,261 3.00%
PUNTA GORDA, FL 40 $9,040,000 $226,000 $5,531 3.22%
MANHATTAN, KS 47 $9,015,000 $191,809 $4,438 3.25%
ALBANY, GA 47 $8,835,000 $187,979 $5,221 3.03%
CLARKSVILLE, TN-KY 45 $8,755,000 $194,556 $4,083 3.05%
CHARLOTTESVILLE, VA 31 $8,595,000 $277,258 $4,021 2.99%
LANSING-EAST LANSING, MI 45 $8,525,000 $189,444 $4,322 3.29%
ATHENS-CLARKE COUNTY, GA 36 $8,520,000 $236,667 $5,333 3.13%
WILMINGTON, NC 33 $8,005,000 $242,576 $5,038 3.13%
BURLINGTON, NC 35 $7,775,000 $222,143 $4,565 3.06%
YAKIMA, WA 38 $7,680,000 $202,105 $5,304 2.95%
HAGERSTOWN-MARTINSBURG, MD-WV 35 $7,555,000 $215,857 $5,108 3.29%
LOGAN, UT-ID 31 $7,465,000 $240,806 $4,590 3.21%
TOLEDO, OH 41 $7,445,000 $181,585 $4,983 3.37%
BATON ROUGE, LA 33 $7,405,000 $224,394 $4,544 3.06%
ROANOKE, VA 33 $7,345,000 $222,576 $4,398 3.11%
KILLEEN-TEMPLE, TX 33 $7,335,000 $222,273 $4,989 3.08%
TALLAHASSEE, FL 32 $7,240,000 $226,250 $5,654 3.09%
MANKATO, MN 35 $7,215,000 $206,143 $5,528 3.04%
YUBA CITY, CA 28 $7,110,000 $253,929 $4,671 3.30%
CORVALLIS, OR 23 $6,905,000 $300,217 $5,179 3.03%
RACINE, WI 33 $6,865,000 $208,030 $5,084 3.13%
MADISON, WI 25 $6,855,000 $274,200 $4,591 3.07%
LONGVIEW, WA 24 $6,790,000 $282,917 $4,738 3.14%
COLUMBIA, MO 32 $6,660,000 $208,125 $3,818 3.11%
HICKORY-LENOIR-MORGANTON, NC 32 $6,570,000 $205,313 $4,663 3.26%
WACO, TX 26 $6,170,000 $237,308 $5,900 3.23%
CEDAR RAPIDS, IA 50 $6,140,000 $122,800 $4,090 2.71%
JACKSONVILLE, NC 26 $5,980,000 $230,000 $4,293 3.25%
FLINT, MI 32 $5,920,000 $185,000 $4,434 3.20%
JACKSON, MS 27 $5,785,000 $214,259 $5,499 3.14%
DAPHNE-FAIRHOPE-FOLEY, AL 20 $5,560,000 $278,000 $5,571 3.04%
NORWICH-NEW LONDON, CT 24 $5,550,000 $231,250 $4,263 3.11%
ATLANTIC CITY-HAMMONTON, NJ 26 $5,520,000 $212,308 $5,191 3.05%
CLEVELAND, TN 27 $5,485,000 $203,148 $4,491 3.11%
APPLETON, WI 25 $5,265,000 $210,600 $4,420 3.37%
MIDLAND, TX 21 $5,055,000 $240,714 $5,451 3.30%
BILLINGS, MT 19 $4,985,000 $262,368 $5,208 3.02%
EAST STROUDSBURG, PA 25 $4,895,000 $195,800 $6,320 3.06%
LYNCHBURG, VA 20 $4,820,000 $241,000 $4,114 3.21%
HANFORD-CORCORAN, CA 20 $4,800,000 $240,000 $4,581 3.02%
GULFPORT-BILOXI, MS 23 $4,755,000 $206,739 $4,543 3.37%
WINCHESTER, VA-WV 19 $4,755,000 $250,263 $4,755 3.16%
BRUNSWICK, GA 19 $4,725,000 $248,684 $5,164 3.05%
ROCHESTER, MN 25 $4,685,000 $187,400 $4,076 3.12%
MCALLEN-EDINBURG-MISSION, TX 27 $4,595,000 $170,185 $4,970 3.07%
IDAHO FALLS, ID 21 $4,565,000 $217,381 $4,731 3.35%
FORT WAYNE, IN 23 $4,565,000 $198,478 $4,496 3.56%
ROCKFORD, IL 24 $4,350,000 $181,250 $4,388 3.18%
MISSOULA, MT 14 $4,350,000 $310,714 $4,681 2.97%
LUBBOCK, TX 19 $4,335,000 $228,158 $5,902 3.27%
EL CENTRO, CA 17 $4,305,000 $253,235 $5,986 3.10%
CALIFORNIA-LEXINGTON PARK, MD 15 $4,295,000 $286,333 $4,870 2.96%
MONTGOMERY, AL 22 $4,280,000 $194,545 $4,258 3.25%
SOUTH BEND-MISHAWAKA, IN-MI 20 $4,230,000 $211,500 $4,429 3.26%
LINCOLN, NE 19 $4,185,000 $220,263 $3,810 3.14%
VALDOSTA, GA 20 $4,130,000 $206,500 $6,745 3.20%
STATE COLLEGE, PA 18 $3,980,000 $221,111 $5,304 3.11%
SIOUX FALLS, SD 17 $3,975,000 $233,824 $5,132 3.21%
BEAUMONT-PORT ARTHUR, TX 21 $3,865,000 $184,048 $6,067 3.27%
BURLINGTON-SOUTH BURLINGTON, VT 15 $3,765,000 $251,000 $5,137 3.01%
NEW BERN, NC 17 $3,745,000 $220,294 $4,810 3.15%
FARGO, ND-MN 14 $3,730,000 $266,429 $4,791 3.25%
HARRISONBURG, VA 15 $3,725,000 $248,333 $4,211 2.98%
MONROE, MI 21 $3,685,000 $175,476 $3,970 3.24%
CARBONDALE-MARION, IL 22 $3,680,000 $167,273 $4,981 3.44%
LAFAYETTE-WEST LAFAYETTE, IN 20 $3,680,000 $184,000 $4,677 3.19%
THE VILLAGES, FL 15 $3,655,000 $243,667 $4,882 2.86%
TUSCALOOSA, AL 13 $3,625,000 $278,846 $6,029 3.24%
BLACKSBURG-CHRISTIANSBURG, VA 15 $3,615,000 $241,000 $3,750 3.08%
KALAMAZOO-PORTAGE, MI 19 $3,605,000 $189,737 $4,128 3.20%
OSHKOSH-NEENAH, WI 19 $3,575,000 $188,158 $4,454 3.26%
GAINESVILLE, FL 18 $3,560,000 $197,778 $6,011 3.13%
DUBUQUE, IA 20 $3,530,000 $176,500 $5,154 2.72%
SEBASTIAN-VERO BEACH, FL 18 $3,530,000 $196,111 $5,492 3.22%
GREENVILLE, NC 18 $3,510,000 $195,000 $5,643 3.17%
SIERRA VISTA-DOUGLAS, AZ 14 $3,470,000 $247,857 $5,103 2.96%
COLUMBUS, IN 16 $3,340,000 $208,750 $4,489 3.48%
TOPEKA, KS 17 $3,335,000 $196,176 $4,219 3.27%
CHEYENNE, WY 10 $3,250,000 $325,000 $3,358 3.27%
STAUNTON, VA 12 $3,240,000 $270,000 $4,340 3.02%
CHAMPAIGN-URBANA, IL 21 $3,215,000 $153,095 $4,439 2.99%
FARMINGTON, NM 17 $3,175,000 $186,765 $5,715 3.04%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 20 $3,160,000 $158,000 $6,314 3.65%
GREEN BAY, WI 15 $3,135,000 $209,000 $4,587 3.17%
KINGSPORT-BRISTOL, TN-VA 17 $3,095,000 $182,059 $4,838 3.12%
WILLIAMSPORT, PA 16 $3,090,000 $193,125 $5,248 3.18%
HUNTINGTON-ASHLAND, WV-KY-OH 17 $3,045,000 $179,118 $4,430 3.33%
ELKHART-GOSHEN, IN 15 $2,995,000 $199,667 $4,700 3.10%
EAU CLAIRE, WI 15 $2,975,000 $198,333 $5,193 3.34%
IOWA CITY, IA 12 $2,950,000 $245,833 $4,076 3.02%
LAREDO, TX 14 $2,950,000 $210,714 $5,395 3.18%
LAWRENCE, KS 13 $2,865,000 $220,385 $4,495 3.03%
ROCKY MOUNT, NC 18 $2,860,000 $158,889 $5,096 3.26%
BOWLING GREEN, KY 13 $2,855,000 $219,615 $4,932 3.33%
SUMTER, SC 19 $2,845,000 $149,737 $5,376 3.16%
ODESSA, TX 14 $2,840,000 $202,857 $6,250 3.52%
PEORIA, IL 13 $2,825,000 $217,308 $3,224 3.41%
JACKSON, MI 20 $2,780,000 $139,000 $4,858 3.24%
JOPLIN, MO 16 $2,710,000 $169,375 $5,539 3.12%
WALLA WALLA, WA 12 $2,670,000 $222,500 $5,626 3.21%
FAIRBANKS, AK 9 $2,605,000 $289,444 $4,521 3.32%
YUMA, AZ 14 $2,600,000 $185,714 $5,005 3.12%
FLORENCE-MUSCLE SHOALS, AL 12 $2,590,000 $215,833 $3,831 3.21%
PITTSFIELD, MA 10 $2,580,000 $258,000 $5,413 3.39%
CANTON-MASSILLON, OH 16 $2,570,000 $160,625 $4,705 3.46%
HOMOSASSA SPRINGS, FL 13 $2,565,000 $197,308 $7,351 3.38%
GRANTS PASS, OR 8 $2,540,000 $317,500 $7,061 2.95%
AMARILLO, TX 14 $2,510,000 $179,286 $5,098 3.00%
FLORENCE, SC 12 $2,470,000 $205,833 $5,368 2.99%
MOBILE, AL 13 $2,325,000 $178,846 $4,421 3.20%
GETTYSBURG, PA 11 $2,325,000 $211,364 $5,150 2.98%
CHAMBERSBURG-WAYNESBORO, PA 10 $2,280,000 $228,000 $5,615 3.11%
TWIN FALLS, ID 9 $2,245,000 $249,444 $5,382 2.97%
JANESVILLE-BELOIT, WI 14 $2,200,000 $157,143 $5,345 3.72%
LONGVIEW, TX 12 $2,170,000 $180,833 $5,514 3.26%
CHARLESTON, WV 11 $2,155,000 $195,909 $4,608 3.39%
SPRINGFIELD, IL 14 $2,140,000 $152,857 $3,551 2.89%
BISMARCK, ND 8 $2,110,000 $263,750 $6,625 3.09%
SHERMAN-DENISON, TX 11 $2,085,000 $189,545 $6,569 3.43%
DOTHAN, AL 15 $1,995,000 $133,000 $4,372 3.21%
LAFAYETTE, LA 10 $1,980,000 $198,000 $5,573 3.21%
WATERLOO-CEDAR FALLS, IA 11 $1,925,000 $175,000 $4,254 3.08%
BROWNSVILLE-HARLINGEN, TX 12 $1,910,000 $159,167 $6,270 3.49%
NILES, MI 10 $1,900,000 $190,000 $6,470 3.59%
BATTLE CREEK, MI 10 $1,860,000 $186,000 $4,592 3.41%
VINELAND-BRIDGETON, NJ 12 $1,860,000 $155,000 $5,394 2.81%
ELIZABETHTOWN-FORT KNOX, KY 9 $1,845,000 $205,000 $5,398 3.21%
SHREVEPORT-BOSSIER CITY, LA 11 $1,825,000 $165,909 $4,578 3.08%
ERIE, PA 8 $1,690,000 $211,250 $4,926 3.20%
MICHIGAN CITY-LA PORTE, IN 9 $1,685,000 $187,222 $4,618 3.57%
JOHNSON CITY, TN 8 $1,650,000 $206,250 $5,183 3.30%
HOT SPRINGS, AR 7 $1,645,000 $235,000 $4,188 3.16%
MUSKEGON, MI 9 $1,635,000 $181,667 $4,726 3.40%
FOND DU LAC, WI 8 $1,620,000 $202,500 $4,530 3.08%
GRAND FORKS, ND-MN 8 $1,610,000 $201,250 $5,176 3.16%
ABILENE, TX 9 $1,605,000 $178,333 $4,928 3.50%
LAKE CHARLES, LA 6 $1,600,000 $266,667 $4,139 3.17%
LA CROSSE-ONALASKA, WI-MN 8 $1,600,000 $200,000 $4,630 3.42%
LEWISTON, ID-WA 7 $1,595,000 $227,857 $4,646 3.25%
CAPE GIRARDEAU, MO-IL 11 $1,555,000 $141,364 $2,860 2.69%
EVANSVILLE, IN-KY 9 $1,515,000 $168,333 $5,158 3.32%
PARKERSBURG-VIENNA, WV 9 $1,505,000 $167,222 $5,654 3.18%
BLOOMINGTON, IL 6 $1,440,000 $240,000 $3,415 2.69%
TERRE HAUTE, IN 9 $1,425,000 $158,333 $4,802 3.38%
POCATELLO, ID 7 $1,425,000 $203,571 $7,529 3.61%
CASPER, WY 7 $1,425,000 $203,571 $4,221 3.09%
SAN ANGELO, TX 7 $1,415,000 $202,143 $4,848 3.36%
FORT SMITH, AR-OK 9 $1,405,000 $156,111 $4,806 3.06%
SAGINAW, MI 11 $1,385,000 $125,909 $4,421 3.70%
ROME, GA 8 $1,380,000 $172,500 $4,911 3.19%
WHEELING, WV-OH 7 $1,345,000 $192,143 $5,636 3.23%
AMES, IA 7 $1,335,000 $190,714 $3,584 3.13%
MONROE, LA 7 $1,325,000 $189,286 $6,522 3.38%
BLOOMSBURG-BERWICK, PA 8 $1,280,000 $160,000 $6,654 3.09%
JEFFERSON CITY, MO 6 $1,240,000 $206,667 $3,311 3.25%
CUMBERLAND, MD-WV 4 $1,220,000 $305,000 $5,604 2.78%
HOUMA-THIBODAUX, LA 6 $1,200,000 $200,000 $4,588 3.25%
GADSDEN, AL 6 $1,200,000 $200,000 $3,356 3.02%
VICTORIA, TX 6 $1,180,000 $196,667 $5,738 3.52%
LAWTON, OK 7 $1,175,000 $167,857 $4,567 3.57%
WICHITA FALLS, TX 5 $1,165,000 $233,000 $7,267 3.78%
GOLDSBORO, NC 7 $1,165,000 $166,429 $3,699 3.09%
MORGANTOWN, WV 6 $1,140,000 $190,000 $6,195 3.65%
WAUSAU-WESTON, WI 6 $1,130,000 $188,333 $4,084 3.40%
JACKSON, TN 7 $1,105,000 $157,857 $3,571 3.63%
BECKLEY, WV 8 $1,100,000 $137,500 $3,145 3.50%
MIDLAND, MI 6 $1,100,000 $183,333 $4,896 3.46%
MANSFIELD, OH 7 $1,075,000 $153,571 $4,489 3.32%
ALTOONA, PA 6 $1,070,000 $178,333 $7,393 3.23%
TYLER, TX 7 $1,065,000 $152,143 $4,849 3.38%
ST. JOSEPH, MO-KS 6 $1,040,000 $173,333 $5,608 3.38%
BLOOMINGTON, IN 5 $975,000 $195,000 $5,284 3.60%
JONESBORO, AR 5 $975,000 $195,000 $5,031 3.38%
PINE BLUFF, AR 6 $940,000 $156,667 $3,677 3.35%
ALEXANDRIA, LA 4 $890,000 $222,500 $4,671 3.28%
WEIRTON-STEUBENVILLE, WV-OH 6 $870,000 $145,000 $5,283 3.33%
MUNCIE, IN 4 $820,000 $205,000 $4,033 3.34%
BAY CITY, MI 7 $795,000 $113,571 $4,599 3.36%
SEBRING-AVON PARK, FL 5 $795,000 $159,000 $5,678 3.13%
ANNISTON-OXFORD, AL 6 $760,000 $126,667 $4,665 3.73%
RAPID CITY, SD 3 $725,000 $241,667 $4,616 3.25%
BANGOR, ME 6 $710,000 $118,333 $4,528 3.54%
DECATUR, IL 4 $680,000 $170,000 $4,832 3.31%
SPRINGFIELD, OH 4 $640,000 $160,000 $7,302 3.91%
KANKAKEE, IL 4 $630,000 $157,500 $5,659 3.31%
SIOUX CITY, IA-NE-SD 5 $625,000 $125,000 $5,749 3.68%
TEXARKANA, TX-AR 3 $625,000 $208,333 $6,037 2.75%
GREAT FALLS, MT 3 $595,000 $198,333 $5,036 3.08%
KOKOMO, IN 3 $575,000 $191,667 $4,796 3.33%
HAMMOND, LA 2 $570,000 $285,000 $5,348 2.94%
HATTIESBURG, MS 2 $530,000 $265,000 $3,421 3.19%
LIMA, OH 3 $475,000 $158,333 $4,984 3.58%
OWENSBORO, KY 2 $420,000 $210,000 $3,498 3.50%
DANVILLE, IL 2 $350,000 $175,000 $6,601 3.69%
GRAND ISLAND, NE 2 $310,000 $155,000 $6,647 2.75%
LEWISTON-AUBURN, ME 1 $185,000 $185,000 $5,039 3.63%
JOHNSTOWN, PA 1 $125,000 $125,000 $7,633 3.25%

Broker Solutions 's top markets include Los Angeles, Anaheim, Riverside, Denver, and Atlanta among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 52,759 $15,492,675,000 $293,650
2.5-3% 36,585 $11,316,355,000 $309,317
<2.5% 10,167 $2,496,465,000 $245,546
4-5% 3,457 $909,275,000 $263,024
5-6% 609 $149,995,000 $246,297
7-8% 107 $5,095,000 $47,617
6-7% 26 $6,490,000 $249,615
Over 8% 1 $475,000 $475,000

During 2020, Broker Solutions 's average interest rate was 3.18%, while their most frequently originated rate bucket was 3-4%, with 52,759 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 54,487 $15,605,655,000 $286,411 $5,385 3.12%
$100k-200k 23,995 $3,815,335,000 $159,005 $4,637 3.26%
$400k-600k 16,484 $7,788,880,000 $472,512 $5,994 3.11%
$100,000 or less 5,105 $245,445,000 $48,079 $2,260 2.47%
$600k-1MM 3,169 $2,249,475,000 $709,837 $8,058 3.29%
$1MM+ 471 $672,035,000 $1,426,826 $10,634 3.56%

2020 saw Broker Solutions place emphasis on $200k-400k loans with 54,487 originations, totaling $15,605,655,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 22,193 $7,421,015,000 $334,385 $5,266 3.13%
$50k-75k 21,473 $4,753,435,000 $221,368 $5,329 3.14%
$75k-100k 17,904 $5,003,260,000 $279,449 $5,430 3.14%
$50k or less 15,772 $2,932,990,000 $185,962 $5,039 3.15%
$150k-250k 13,753 $5,530,955,000 $402,164 $5,085 3.12%
$250k+ 4,502 $2,431,760,000 $540,151 $5,512 3.17%

Broker Solutions lent most frequently to those with incomes in the $100k-150k range, with 22,193 originations. The second most popular income band? $50k-75k, with 21,473 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 19,256 $5,711,080,000 $296,587 $4,394 3.06%
30-36% 16,291 $4,847,445,000 $297,554 $4,862 3.13%
<20% 6,935 $1,966,005,000 $283,490 $3,855 2.90%
50-60% 5,449 $1,480,665,000 $271,732 $8,933 3.24%
44% 4,236 $1,215,710,000 $286,995 $5,687 3.25%
42% 3,701 $1,137,635,000 $307,386 $5,517 3.23%
43% 3,603 $1,044,395,000 $289,868 $5,483 3.23%
41% 3,493 $1,030,555,000 $295,034 $5,366 3.18%
40% 3,396 $1,023,310,000 $301,328 $5,410 3.18%
39% 3,338 $988,890,000 $296,252 $5,211 3.18%
38% 3,289 $996,125,000 $302,866 $5,263 3.18%
37% 3,187 $959,005,000 $300,912 $5,072 3.15%
36% 2,920 $872,200,000 $298,699 $5,124 3.14%
49% 2,796 $842,750,000 $301,413 $6,031 3.22%
45% 2,584 $745,970,000 $288,688 $5,635 3.20%
46% 2,432 $709,760,000 $291,842 $5,915 3.21%
47% 2,308 $687,500,000 $297,877 $5,893 3.23%
48% 2,270 $674,230,000 $297,018 $6,107 3.20%
>60% 212 $68,930,000 $325,142 $7,438 2.86%

Broker Solutions lent most frequently to those with DTI ratios of 20-30%, with 19,256 originations. The next most common DTI ratio? 30-36%, with 16,291 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 72,206 $20,976,190,000 $290,505 $5,147 3.13%
Not provided 16,766 $5,299,270,000 $316,072 $5,308 3.09%
Black 8,867 $2,142,925,000 $241,674 $6,106 3.17%
Asian 4,856 $1,664,440,000 $342,759 $5,291 3.07%
American Indian 682 $183,110,000 $268,490 $5,940 3.12%
Native Hawaiian 285 $92,085,000 $323,105 $6,052 3.13%
Native Hawiian 12 $4,030,000 $335,833 $6,724 2.91%
Asian Indian 10 $4,000,000 $400,000 $5,243 3.16%
Chinese 7 $3,515,000 $502,143 $5,225 3.38%
Other Asian 6 $2,170,000 $361,667 $7,190 2.75%
Japanese 3 $1,445,000 $481,667 $6,852 3.29%
Korean 4 $1,240,000 $310,000 $3,471 3.31%
Vietnamese 2 $930,000 $465,000 $4,320 3.38%
Other Pacific Islander 3 $915,000 $305,000 $5,858 3.54%
Filipino 2 $560,000 $280,000 $6,924 3.31%

Approval Rates

Total approvals of all applications
95.18%

Broker Solutions 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
76.80%

Broker Solutions has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 23 $185,000 $8,043
NA 103,688 $30,376,640,000 $292,962

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 1,593 $284,025,000 $178,296
Single Family (1-4 Units):Site-Built 102,118 $30,092,800,000 $294,687

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 3,419 $859,715,000 $251,452 $3,952 2.94%
40-60% 14,143 $4,370,295,000 $309,008 $3,993 2.98%
60-80% 32,690 $10,681,390,000 $326,748 $4,619 3.18%
80-100% 49,470 $13,925,380,000 $281,491 $6,165 3.23%
Over 100% 1,394 $450,520,000 $323,185 $12,401 3.03%
Under 20% 2,570 $81,940,000 $31,883 $568 1.42%