Integrity Mortgage & Financial Incorporated Rates, Fees & Info

Peyton, CO

LEI: 549300EE4TIFHU1Z3G10

Tax ID: 11-3654547

5 stars - out of 5 stars, based on 19 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Integrity Mortgage & Financial Incorporated is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi loans. Integrity Mortgage & Financial Incorporated 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: Colorado Springs, Denver, Pueblo, Cañon City, and Grand Junction among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Integrity Mortgage & Financial Incorporated 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. Integrity Mortgage & Financial Incorporated 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.71% 11/26/22
    30 Year Conventional Refi 6.54% 11/26/22
    30 Year Cash-out Refi 6.82% 11/26/22
    30 Year FHA Purchase 7.15% 11/26/22
    30 Year FHA Refi 6.61% 11/26/22
    30 Year VA Purchase 6.59% 11/26/22
    30 Year VA Refi 6.23% 11/26/22
    30 Year USDA Purchase 7.29% 11/26/22
    15 Year Conventional Purchase 5.99% 11/26/22
    15 Year Conventional Refi 5.85% 11/26/22
    15 Year Cash-out Refi 5.85% 11/26/22
    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.


    Originations

    358

    Origination Dollar Volume (All Markets)

    $113,310,000

    Relative Rate

    Integrity Mortgage & Financial Incorporated's average 30 year fixed mortgage rate was 3.02%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.13%.

    Relative Fees (Closing Costs)

    Integrity Mortgage & Financial Incorporated's average total fees/closing costs for a 30 year fixed rate mortgage were $5,134.

    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
    COLORADO SPRINGS, CO (FHA|USDA|VA) 295 $94,405,000 $320,017 $4,901 2.96%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 18 $6,860,000 $381,111 $6,178 2.74%
    PUEBLO, CO (FHA|USDA|VA) 13 $3,555,000 $273,462 $5,273 2.98%
    Outside of Metro Areas 10 $2,470,000 $247,000 $4,068 3.01%
    Cañon City, CO (FHA|USDA|VA) 9 $2,325,000 $258,333 $5,192 3.00%
    GRAND JUNCTION, CO (FHA|USDA|VA) 4 $920,000 $230,000 $4,232 2.91%
    GREELEY, CO (FHA|USDA|VA) 1 $465,000 $465,000 $3,054 2.88%
    ALBUQUERQUE, NM (FHA|USDA|VA) 2 $460,000 $230,000 $4,044 2.50%
    Breckenridge, CO (FHA|USDA|VA) 1 $435,000 $435,000 $2,496 2.88%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $345,000 $345,000 $3,139 3.25%
    Fort Morgan, CO (FHA|USDA|VA) 1 $345,000 $345,000 $3,439 3.25%
    Durango, CO (FHA|USDA|VA) 1 $305,000 $305,000 $5,272 3.63%
    Montrose, CO (FHA|USDA|VA) 1 $255,000 $255,000 $5,819 3.25%
    Craig, CO (FHA|USDA|VA) 1 $165,000 $165,000 $2,770 2.63%
    Integrity Mortgage & Financial Incorporated's top markets include Colorado Springs, Denver, Pueblo, Cañon City, and Grand Junction among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against INTEGRITY MORTGAGE & FINANCIAL INCORPORATED based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The District Federal Credit Union
    Similarity Rank: 882
    AVENTA Credit Union
    Similarity Rank: 930
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1344
    DENVER COMMUNITY
    Similarity Rank: 1540
    Red Rocks Credit Union
    Similarity Rank: 1830
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 1984
    INFINITY MORTGAGE HOLDINGS, LLC
    Similarity Rank: 2170
    Shea Mortgage Inc.
    Similarity Rank: 2432
    FOOTHILLS
    Similarity Rank: 2604
    FIDELIS CATHOLIC
    Similarity Rank: 2700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 272 $81,020,000 $297,868 $3,932 3.00%
    VA 66 $25,960,000 $393,333 $7,649 2.74%
    FHA 19 $6,025,000 $317,105 $9,534 2.91%
    USDA 1 $305,000 $305,000 $7,658 3.25%

    For 2021, Integrity Mortgage & Financial Incorporated's most frequently originated type of loan was Conventional, with 272 originations. Their 2nd most popular type was VA, with 66 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 142 $40,470,000 $285,000 $5,026 3.05%
    Home Purchase 116 $43,780,000 $377,414 $5,909 3.01%
    Refi 100 $29,060,000 $290,600 $3,637 2.74%

    For 2021, Integrity Mortgage & Financial Incorporated's most frequently cited loan purpose was Cash Out Refi, with 142 originations. The 2nd most popular reason was Home Purchase, with 116 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 313 $102,555,000 $327,652 $5,134 3.02%
    15 Year 26 $5,950,000 $228,846 $3,587 2.30%
    20 Year 11 $3,175,000 $288,636 $3,454 2.67%
    Other 5 $945,000 $189,000 $3,064 3.05%
    10 Year 3 $685,000 $228,333 $3,595 2.29%

    For 2021, Integrity Mortgage & Financial Incorporated's most frequently cited loan duration was 30 Year, with 313 originations. The 2nd most popular length was 15 Year, with 26 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 208 $62,780,000 $301,827
    $2k-3k 75 $24,945,000 $332,600
    $3k-4k 33 $11,055,000 $335,000
    $5k+ 26 $9,670,000 $371,923
    $4k-5k 15 $4,805,000 $320,333
    $<1k 1 $55,000 $55,000

    Integrity Mortgage & Financial Incorporated's average total fees were $5,134, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 208 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 173 $56,605,000 $327,197
    3-4% 124 $38,900,000 $313,710
    <2.5% 56 $16,720,000 $298,571
    4-5% 5 $1,085,000 $217,000

    During 2021, Integrity Mortgage & Financial Incorporated's average interest rate for loans was 3.02%, while their most frequently originated rate bucket for loans was 2.5-3%, with 173 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 220 $65,450,000 $297,500 $4,974 2.96%
    $400k-600k 68 $32,220,000 $473,824 $5,666 2.93%
    $100k-200k 59 $9,565,000 $162,119 $3,378 2.91%
    $600k-1MM 9 $5,935,000 $659,444 $9,059 2.92%
    $100,000 or less 2 $140,000 $70,000 $1,800 3.88%

    2021 saw Integrity Mortgage & Financial Incorporated place emphasis on $200k-400k loans with 220 originations, totaling $65,450,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 92 $24,530,000 $266,630 $4,754 2.93%
    $75k-100k 79 $26,455,000 $334,873 $5,474 3.07%
    $100k-150k 74 $25,770,000 $348,243 $4,979 2.95%
    $50k or less 71 $18,105,000 $255,000 $4,354 2.88%
    $150k-250k 38 $16,990,000 $447,105 $5,354 2.90%
    $250k+ 3 $1,015,000 $338,333 $3,773 2.88%

    Integrity Mortgage & Financial Incorporated lent most frequently to those with incomes in the $50k-75k range, with 92 originations. The second most popular income band? $75k-100k, with 79 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 60 $19,280,000 $321,333 $4,525 2.95%
    20-30% 59 $17,175,000 $291,102 $4,390 2.80%
    44% 26 $6,840,000 $263,077 $5,288 3.06%
    39% 22 $5,850,000 $265,909 $4,134 3.10%
    <20% 16 $4,130,000 $258,125 $3,587 2.62%
    46% 16 $5,320,000 $332,500 $7,433 2.92%
    40% 16 $5,420,000 $338,750 $4,188 2.97%
    36% 15 $4,825,000 $321,667 $3,423 3.18%
    49% 15 $4,835,000 $322,333 $7,100 2.92%
    42% 14 $5,150,000 $367,857 $4,384 3.01%
    43% 14 $4,420,000 $315,714 $4,820 3.13%
    41% 13 $5,175,000 $398,077 $4,998 3.26%
    37% 12 $4,320,000 $360,000 $6,208 3.00%
    50-60% 10 $4,410,000 $441,000 $11,144 2.91%
    47% 10 $2,620,000 $262,000 $4,015 2.90%
    48% 9 $2,995,000 $332,778 $4,890 3.38%
    38% 8 $2,790,000 $348,750 $4,428 2.95%
    45% 8 $2,680,000 $335,000 $5,418 2.98%
    >60% 1 $265,000 $265,000 $4,316 3.25%

    Integrity Mortgage & Financial Incorporated lent most frequently to those with DTI ratios of 30-36%, with 60 originations. The next most common DTI ratio? 20-30%, with 59 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 305 $94,375,000 $309,426 $4,600 2.96%
    Not provided 41 $15,205,000 $370,854 $6,779 2.88%
    Black 8 $2,460,000 $307,500 $7,550 2.95%
    Asian 3 $915,000 $305,000 $6,091 2.71%
    American Indian 1 $355,000 $355,000 $4,024 2.75%

    Approval Rates

    Total approvals of all applications
    99.79%

    Integrity Mortgage & Financial Incorporated 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
    66.20%

    Integrity Mortgage & Financial Incorporated 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
    5286.69 1 $345,000 $345,000
    NA 357 $112,965,000 $316,429

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    358 $113,310,000 $316,508

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $2,610,000 $163,125 $2,870 2.89%
    40-60% 69 $16,645,000 $241,232 $3,499 2.74%
    60-80% 141 $44,945,000 $318,759 $4,758 3.08%
    80-100% 117 $44,115,000 $377,051 $5,872 2.95%
    Over 100% 4 $1,800,000 $450,000 $19,436 2.81%
    Under 20% 1 $55,000 $55,000 $940 5.00%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    INTEGRITY CREDIT CORPORATION Conventional home mortgage Closing on a mortgage 1 100.0%