Integrity Mortgage & Financial Incorporated Rates, Fees & Info

Peyton, CO

LEI: 549300EE4TIFHU1Z3G10

Tax ID: 11-3654547

1 stars - Updated: 3/29/24 - out of 5 stars, based on 8 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Integrity Mortgage & Financial Incorporated is a smaller mortgage company specializing in Home Purchase loans. Integrity Mortgage & Financial Incorporated has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Colorado Springs, Pueblo, Fort Collins, Denver, and Greeley among others. We have data for 8 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 a high 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 relatively high 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 6.83% 3/29/24
30 Year Conventional Refi 6.39% 3/29/24
30 Year Cash-out Refi 6.61% 3/29/24
30 Year FHA Purchase 7.03% 3/29/24
30 Year FHA Refi 6.27% 3/29/24
30 Year VA Purchase 6.37% 3/29/24
30 Year VA Refi 5.81% 3/29/24
15 Year Conventional Purchase 6.78% 3/29/24
15 Year Conventional Refi 6.71% 3/29/24
15 Year Cash-out Refi 6.71% 3/29/24
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.

Integrity Mortgage & Financial Incorporated Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Integrity Mortgage & Financial Incorporated. 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

70

Origination Dollar Volume (All Markets)

$27,930,000

Relative Rate

Integrity Mortgage & Financial Incorporated's average 30 year fixed mortgage rate was 6.65%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.17%.

Relative Fees (Closing Costs)

Integrity Mortgage & Financial Incorporated's average total fees/closing costs for a 30 year fixed rate mortgage were $13,608.

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 $9,089.

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) 55 $22,505,000 $409,182 $13,407 6.65%
PUEBLO, CO (FHA|USDA|VA) 5 $1,655,000 $331,000 $12,022 6.40%
FORT COLLINS, CO (FHA|USDA|VA) 2 $1,450,000 $725,000 $32,480 6.62%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,135,000 $378,333 $13,753 6.37%
GREELEY, CO (FHA|USDA|VA) 1 $445,000 $445,000 $15,553 6.63%
Cañon City, CO (FHA|USDA|VA) 2 $340,000 $170,000 $5,774 7.19%
Montrose, CO (FHA|USDA|VA) 1 $295,000 $295,000 $15,683 6.99%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $105,000 $105,000 $6,056 7.38%
Integrity Mortgage & Financial Incorporated's top markets include Colorado Springs, Pueblo, Fort Collins, Denver, and Greeley among others.

Their top states include:
  • Colorado (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.

    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 66
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 300
    Shea Mortgage Inc.
    Similarity Rank: 589
    HOME MORTGAGE ALLIANCE, LLC
    Similarity Rank: 942
    ON TAP
    Similarity Rank: 1140
    WESTERRA CREDIT UNION
    Similarity Rank: 1275
    PREMIER MEMBERS CREDIT UNION
    Similarity Rank: 1792
    IDEAL HOME LOANS LLC
    Similarity Rank: 2093
    Raymond James Bank
    Similarity Rank: 2124

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 32 $12,030,000 $375,938 $9,090 6.79%
    FHA 21 $8,285,000 $394,524 $16,599 6.58%
    VA 17 $7,615,000 $447,941 $18,417 6.48%

    For 2023, Integrity Mortgage & Financial Incorporated's most frequently originated type of loan was Conventional, with 32 originations. Their 2nd most popular type was FHA, with 21 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 58 $23,890,000 $411,897 $13,681 6.63%
    Cash Out Refi 8 $3,000,000 $375,000 $14,963 6.59%
    Refi 4 $1,040,000 $260,000 $9,845 7.09%

    For 2023, Integrity Mortgage & Financial Incorporated's most frequently cited loan purpose was Home Purchase, with 58 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 70 $27,930,000 $399,000 $13,608 6.65%

    For 2023, Integrity Mortgage & Financial Incorporated's most frequently cited loan duration was 30 Year, with 70 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 56 $23,770,000 $424,464
    $3k-4k 6 $2,140,000 $356,667
    $4k-5k 4 $780,000 $195,000
    $1k-2k 2 $290,000 $145,000
    $2k-3k 2 $950,000 $475,000

    Integrity Mortgage & Financial Incorporated's average total fees were $13,608, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 56 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 43 $17,995,000 $418,488
    7-8% 18 $6,610,000 $367,222
    5-6% 9 $3,325,000 $369,444

    During 2023, Integrity Mortgage & Financial Incorporated's average interest rate for loans was 6.65%, while their most frequently originated rate bucket for loans was 6-7%, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 31 $10,565,000 $340,806 $14,167 6.62%
    $400k-600k 27 $12,725,000 $471,296 $14,051 6.57%
    $100k-200k 7 $1,085,000 $155,000 $5,271 7.16%
    $600k-1MM 5 $3,555,000 $711,000 $19,423 6.63%

    2023 saw Integrity Mortgage & Financial Incorporated place emphasis on $200k-400k loans with 31 originations, totaling $10,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 23 $7,945,000 $345,435 $13,259 6.66%
    $100k-150k 17 $7,625,000 $448,529 $15,294 6.67%
    $150k-250k 14 $7,530,000 $537,857 $14,871 6.65%
    $50k-75k 14 $3,850,000 $275,000 $10,653 6.58%
    $250k+ 2 $980,000 $490,000 $15,144 6.99%

    Integrity Mortgage & Financial Incorporated lent most frequently to those with incomes in the $75k-100k range, with 23 originations. The second most popular income band? $100k-150k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 17 $7,085,000 $416,765 $18,764 6.57%
    46% 8 $3,170,000 $396,250 $11,316 6.86%
    30-36% 6 $2,270,000 $378,333 $12,323 6.79%
    49% 5 $1,405,000 $281,000 $12,218 6.60%
    20-30% 5 $2,175,000 $435,000 $14,375 6.72%
    41% 4 $1,910,000 $477,500 $11,872 6.47%
    43% 3 $955,000 $318,333 $10,993 6.46%
    44% 3 $1,255,000 $418,333 $13,636 6.58%
    37% 3 $1,355,000 $451,667 $13,146 6.79%
    48% 3 $1,125,000 $375,000 $14,014 6.29%
    >60% 2 $1,160,000 $580,000 $13,242 6.69%
    39% 2 $540,000 $270,000 $7,815 6.43%
    40% 2 $1,030,000 $515,000 $11,588 6.38%
    42% 2 $670,000 $335,000 $11,735 6.75%
    47% 2 $830,000 $415,000 $15,113 6.88%
    38% 1 $405,000 $405,000 $4,136 6.88%
    36% 1 $175,000 $175,000 $2,623 7.38%
    <20% 1 $415,000 $415,000 $7,537 6.99%

    Integrity Mortgage & Financial Incorporated lent most frequently to those with DTI ratios of 50-60%, with 17 originations. The next most common DTI ratio? 46%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $18,440,000 $384,167 $12,922 6.66%
    Not provided 18 $8,240,000 $457,778 $15,361 6.60%
    Black 3 $1,055,000 $351,667 $16,300 6.75%
    Asian Indian 1 $195,000 $195,000 $6,924 6.99%

    Approval Rates

    Total approvals of all applications
    94.95%

    Integrity Mortgage & Financial Incorporated has an average approval rate.

    Pick Rate

    Approvals leading to origination
    65.71%

    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
    NA 70 $27,930,000 $399,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    70 $27,930,000 $399,000

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $280,000 $140,000 $4,340 7.38%
    40-60% 3 $815,000 $271,667 $7,941 6.54%
    60-80% 15 $6,355,000 $423,667 $13,843 6.77%
    80-100% 42 $16,820,000 $400,476 $12,645 6.59%
    Over 100% 8 $3,660,000 $457,500 $22,662 6.59%