Mortgage Access Corp. Rates, Fees & Info

Morris Plains, NJ

LEI: 549300EFCZM6KD6B8K69

Tax ID: 22-2302263

4.21 stars - out of 5 stars, based on 73 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Mortgage Access Corp. is a small mortgage company specializing in Home Purchase and Refi loans. Mortgage Access Corp. 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 Newark, New Brunswick, Washington, New York, and Camden 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. Mortgage Access Corp. is typically an average fee lendor.


Originations

5,311

Origination Dollar Volume (All Markets)

$1,655,725,000
Show all (10) awards

Relative Rate

Mortgage Access Corp.'s average 30 year fixed rate mortgage of loans were 3.24%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.12%.

Relative Fees

Mortgage Access Corp.'s average total fees for a 30 year fixed rate mortgage are $5,597.

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.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
NEWARK, NJ-PA (FHA|USDA|VA) 978 $341,230,000 $348,906 $5,751 3.24%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 750 $231,590,000 $308,787 $5,420 3.23%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 510 $208,010,000 $407,863 $5,834 3.15%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 377 $133,725,000 $354,708 $5,925 3.24%
CAMDEN, NJ (FHA|USDA|VA) 590 $128,250,000 $217,373 $5,364 3.24%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 274 $62,500,000 $228,102 $5,452 3.29%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 177 $57,995,000 $327,655 $4,951 3.11%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 195 $55,395,000 $284,077 $5,932 3.15%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 119 $40,765,000 $342,563 $4,743 3.02%
Outside of Metro Areas 119 $27,965,000 $235,000 $4,454 3.16%
PHILADELPHIA, PA (FHA|USDA|VA) 122 $24,560,000 $201,311 $5,325 3.19%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 59 $20,155,000 $341,610 $5,624 3.12%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 41 $18,125,000 $442,073 $3,644 3.27%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 43 $15,065,000 $350,349 $4,826 2.95%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 36 $12,890,000 $358,056 $4,858 2.94%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 45 $12,305,000 $273,444 $5,579 3.18%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 32 $10,410,000 $325,313 $4,260 3.10%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 39 $9,445,000 $242,179 $4,823 3.07%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 26 $9,160,000 $352,308 $3,560 3.12%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 30 $8,430,000 $281,000 $6,219 2.99%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 24 $8,220,000 $342,500 $3,654 3.06%
JACKSON, MS (FHA|USDA|VA) 24 $6,960,000 $290,000 $7,029 3.07%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 14 $5,450,000 $389,286 $4,910 3.31%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 16 $4,910,000 $306,875 $2,543 3.20%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 15 $4,885,000 $325,667 $3,078 3.07%
BATON ROUGE, LA (FHA|USDA|VA) 14 $4,360,000 $311,429 $7,523 2.88%
MIDLAND, TX (FHA|USDA|VA) 11 $4,125,000 $375,000 $5,196 3.02%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $4,120,000 $294,286 $4,108 2.98%
FORT COLLINS, CO (FHA|USDA|VA) 11 $4,115,000 $374,091 $4,097 3.07%
PITTSBURGH, PA (FHA|USDA|VA) 15 $4,105,000 $273,667 $4,738 2.98%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 13 $4,075,000 $313,462 $4,869 3.12%
GARY, IN (FHA|USDA|VA) 12 $4,040,000 $336,667 $2,872 3.00%
TOLEDO, OH (FHA|USDA|VA) 14 $3,760,000 $268,571 $3,716 2.92%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 12 $3,580,000 $298,333 $5,488 3.15%
OCEAN CITY, NJ (FHA|USDA|VA) 11 $3,535,000 $321,364 $5,622 3.04%
OKLAHOMA CITY, OK (FHA|USDA|VA) 11 $3,525,000 $320,455 $4,066 3.02%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 7 $3,495,000 $499,286 $3,848 2.98%
BOSTON, MA (FHA|USDA|VA) 7 $3,415,000 $487,857 $5,050 2.98%
COLUMBUS, OH (FHA|USDA|VA) 8 $3,300,000 $412,500 $4,778 3.23%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 13 $3,195,000 $245,769 $3,037 2.95%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 15 $2,995,000 $199,667 $4,577 3.18%
EAST STROUDSBURG, PA (FHA|USDA|VA) 18 $2,840,000 $157,778 $5,500 3.51%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 9 $2,725,000 $302,778 $3,602 3.12%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 4 $2,630,000 $657,500 $15,002 2.78%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 9 $2,625,000 $291,667 $4,435 3.29%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 9 $2,555,000 $283,889 $3,578 3.05%
BOISE CITY, ID (FHA|USDA|VA) 6 $2,520,000 $420,000 $4,055 2.66%
HUNTSVILLE, AL (FHA|USDA|VA) 9 $2,385,000 $265,000 $5,433 3.35%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $2,355,000 $336,429 $3,393 2.84%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $2,285,000 $457,000 $5,756 3.17%
READING, PA (FHA|USDA|VA) 9 $2,265,000 $251,667 $6,258 3.39%
RICHMOND, VA (FHA|USDA|VA) 8 $2,250,000 $281,250 $5,283 3.06%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 9 $2,235,000 $248,333 $4,493 3.41%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 6 $2,140,000 $356,667 $6,463 2.94%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 7 $1,985,000 $283,571 $4,180 3.13%
JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,980,000 $247,500 $3,458 3.12%
LANCASTER, PA (FHA|USDA|VA) 8 $1,940,000 $242,500 $5,647 2.98%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,915,000 $383,000 $3,852 3.07%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $1,870,000 $311,667 $3,248 3.35%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 11 $1,855,000 $168,636 $5,566 3.40%
AKRON, OH (FHA|USDA|VA) 6 $1,810,000 $301,667 $3,957 3.08%
JOHNSON CITY, TN (FHA|USDA|VA) 5 $1,805,000 $361,000 $3,974 2.65%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $1,765,000 $353,000 $2,602 2.95%
LAFAYETTE, LA (FHA|USDA|VA) 6 $1,750,000 $291,667 $9,201 3.10%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $1,740,000 $290,000 $6,531 2.92%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 4 $1,720,000 $430,000 $4,603 2.91%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $1,720,000 $430,000 $6,263 2.91%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $1,705,000 $243,571 $3,207 3.23%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,685,000 $337,000 $7,056 2.83%
BOULDER, CO (FHA|USDA|VA) 3 $1,615,000 $538,333 $3,805 3.25%
ELGIN, IL (FHA|USDA|VA) 5 $1,555,000 $311,000 $4,255 2.90%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 5 $1,555,000 $311,000 $5,160 3.32%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,540,000 $385,000 $8,190 3.47%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $1,515,000 $303,000 $4,429 2.75%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,510,000 $377,500 $8,264 2.66%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 4 $1,470,000 $367,500 $5,935 2.69%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 4 $1,410,000 $352,500 $2,537 3.56%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $1,380,000 $345,000 $2,652 2.91%
ANCHORAGE, AK (FHA|USDA|VA) 3 $1,375,000 $458,333 $3,456 3.08%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $1,370,000 $342,500 $4,322 3.16%
WINCHESTER, VA-WV (FHA|USDA|VA) 6 $1,330,000 $221,667 $3,006 3.19%
SAVANNAH, GA (FHA|USDA|VA) 5 $1,295,000 $259,000 $4,326 2.75%
EAU CLAIRE, WI (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,421 3.13%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 4 $1,250,000 $312,500 $7,055 3.31%
ROANOKE, VA (FHA|USDA|VA) 4 $1,250,000 $312,500 $3,813 3.15%
LYNCHBURG, VA (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,996 3.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,210,000 $302,500 $3,049 3.19%
GREELEY, CO (FHA|USDA|VA) 3 $1,205,000 $401,667 $8,722 2.79%
APPLETON, WI (FHA|USDA|VA) 4 $1,160,000 $290,000 $2,483 3.47%
LUBBOCK, TX (FHA|USDA|VA) 3 $1,155,000 $385,000 $4,169 3.17%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $1,155,000 $385,000 $2,990 3.13%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,509 3.08%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $1,105,000 $368,333 $5,742 3.04%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,080,000 $270,000 $5,264 2.84%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,260 2.66%
DOVER, DE (FHA|USDA|VA) 4 $1,050,000 $262,500 $5,239 3.25%
TULSA, OK (FHA|USDA|VA) 4 $1,040,000 $260,000 $6,991 3.44%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,733 2.69%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $1,035,000 $345,000 $6,163 2.96%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,486 3.16%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $1,005,000 $335,000 $2,573 3.08%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $985,000 $328,333 $3,744 2.75%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $920,000 $460,000 $7,894 2.44%
GETTYSBURG, PA (FHA|USDA|VA) 4 $890,000 $222,500 $5,291 3.06%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 2 $850,000 $425,000 $3,710 2.81%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $830,000 $207,500 $4,911 3.50%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $790,000 $395,000 $4,880 2.56%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $785,000 $785,000 $5,863 2.75%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 2 $680,000 $340,000 $5,232 3.38%
LONGVIEW, TX (FHA|USDA|VA) 2 $680,000 $340,000 $6,504 3.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $660,000 $165,000 $2,882 2.87%
CLEVELAND, TN (FHA|USDA|VA) 3 $655,000 $218,333 $4,875 2.88%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 2 $640,000 $320,000 $2,326 3.06%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $620,000 $310,000 $1,955 3.06%
MONTGOMERY, AL (FHA|USDA|VA) 2 $620,000 $310,000 $5,997 3.12%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $615,000 $615,000 $2,974 3.75%
SALINAS, CA (FHA|USDA|VA) 1 $615,000 $615,000 $4,773 3.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $610,000 $305,000 $2,212 2.43%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 2 $590,000 $295,000 $3,527 3.31%
HAMMOND, LA (FHA|USDA|VA) 3 $585,000 $195,000 $5,465 2.92%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $580,000 $290,000 $2,350 2.69%
KNOXVILLE, TN (FHA|USDA|VA) 3 $565,000 $188,333 $3,842 3.54%
OWENSBORO, KY (FHA|USDA|VA) 2 $510,000 $255,000 $2,013 3.13%
ALTOONA, PA (FHA|USDA|VA) 2 $500,000 $250,000 $3,717 3.63%
COLUMBIA, SC (FHA|USDA|VA) 2 $480,000 $240,000 $4,575 3.13%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $470,000 $235,000 $7,010 2.56%
PEORIA, IL (FHA|USDA|VA) 1 $465,000 $465,000 $2,005 2.49%
EL PASO, TX (FHA|USDA|VA) 1 $465,000 $465,000 $4,597 3.25%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $460,000 $230,000 $7,760 3.44%
NILES, MI (FHA|USDA|VA) 1 $445,000 $445,000 $7,400 2.38%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $435,000 $435,000 $2,609 2.99%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $430,000 $215,000 $3,768 3.56%
MADISON, WI (FHA|USDA|VA) 1 $425,000 $425,000 $1,520 3.63%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $420,000 $210,000 $6,937 2.99%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $415,000 $415,000 $2,154 3.25%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $415,000 $138,333 $2,815 2.92%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $415,000 $415,000 $8,961 2.63%
ROCHESTER, NY (FHA|USDA|VA) 1 $415,000 $415,000 $17,720 2.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $410,000 $205,000 $2,612 2.94%
THE VILLAGES, FL (FHA|USDA|VA) 1 $405,000 $405,000 $8,775 2.75%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 1 $395,000 $395,000 $3,683 2.63%
JACKSON, TN (FHA|USDA|VA) 1 $385,000 $385,000 $2,419 2.75%
ASHEVILLE, NC (FHA|USDA|VA) 1 $375,000 $375,000 $2,919 2.75%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 1 $375,000 $375,000 $9,070 2.63%
BEND, OR (FHA|USDA|VA) 1 $365,000 $365,000 $13,891 3.50%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $355,000 $355,000 $8,021 2.75%
SYRACUSE, NY (FHA|USDA|VA) 1 $355,000 $355,000 $3,922 2.88%
LIMA, OH (FHA|USDA|VA) 2 $350,000 $175,000 $4,233 3.25%
REDDING, CA (FHA|USDA|VA) 1 $345,000 $345,000 $3,277 2.63%
BAY CITY, MI (FHA|USDA|VA) 1 $345,000 $345,000 $6,662 3.38%
DULUTH, MN-WI (FHA|USDA|VA) 2 $340,000 $170,000 $4,167 2.68%
SPARTANBURG, SC (FHA|USDA|VA) 1 $335,000 $335,000 $3,295 3.00%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $335,000 $335,000 $4,158 2.63%
LAS CRUCES, NM (FHA|USDA|VA) 1 $335,000 $335,000 $3,337 2.99%
MERCED, CA (FHA|USDA|VA) 1 $325,000 $325,000 $3,677 3.63%
SAN ANGELO, TX (FHA|USDA|VA) 1 $315,000 $315,000 $3,781 2.50%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $310,000 $155,000 $3,362 3.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $300,000 $150,000 $2,866 4.13%
PANAMA CITY, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,321 2.75%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $295,000 $295,000 $3,586 2.63%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $285,000 $285,000 $1,992 3.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $285,000 $285,000 $2,563 3.88%
GREENVILLE, NC (FHA|USDA|VA) 1 $285,000 $285,000 $4,959 3.38%
MODESTO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $5,866 3.63%
TWIN FALLS, ID (FHA|USDA|VA) 1 $275,000 $275,000 $3,666 2.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $265,000 $265,000 $3,105 2.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $265,000 $265,000 $5,391 2.75%
AMARILLO, TX (FHA|USDA|VA) 1 $265,000 $265,000 $2,933 3.50%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $265,000 $265,000 $2,177 2.88%
GAINESVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $6,599 3.63%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $255,000 $255,000 $2,385 2.99%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $255,000 $255,000 $4,919 2.49%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $255,000 $255,000 $8,638 2.13%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $250,000 $125,000 $2,002 3.13%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $240,000 $120,000 $1,841 4.06%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $235,000 $235,000 $2,079 3.75%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $235,000 $235,000 $9,701 3.63%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $225,000 $225,000 $3,042 3.13%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $225,000 $225,000 $5,605 2.99%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $225,000 $225,000 $5,276 2.63%
ODESSA, TX (FHA|USDA|VA) 1 $225,000 $225,000 $2,477 3.13%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $225,000 $225,000 $6,754 3.25%
BANGOR, ME (FHA|USDA|VA) 1 $225,000 $225,000 $5,023 3.38%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $225,000 $225,000 $2,331 3.38%
HATTIESBURG, MS (FHA|USDA|VA) 1 $215,000 $215,000 $2,931 3.75%
FAIRBANKS, AK (FHA|USDA|VA) 1 $215,000 $215,000 $6,947 3.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,087 3.88%
ANN ARBOR, MI (FHA|USDA|VA) 1 $205,000 $205,000 $1,990 3.75%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $205,000 $205,000 $5,214 2.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $195,000 $195,000 $6,551 3.38%
ABILENE, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,432 3.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,627 3.38%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,799 2.75%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $155,000 $155,000 $1,866 2.49%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $145,000 $145,000 $4,428 3.13%
MORRISTOWN, TN (FHA|USDA|VA) 1 $145,000 $145,000 $5,249 3.63%
ELMIRA, NY (FHA|USDA|VA) 1 $125,000 $125,000 $2,938 2.63%
MONROE, LA (FHA|USDA|VA) 1 $115,000 $115,000 $3,838 2.38%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.99%

Mortgage Access Corp.'s top markets include Newark, New Brunswick, Washington, New York, and Camden among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,598 $1,415,210,000 $307,788 $4,736 3.18%
FHA 414 $114,860,000 $277,440 $10,180 3.35%
VA 290 $124,050,000 $427,759 $8,630 2.97%
USDA 9 $1,605,000 $178,333 $6,981 3.54%

For the 2020 period, Mortgage Access Corp.'s most frequently originated loan type of loans were Conventional, with 4,598 originations. Their 2nd most popular type is FHA, with 414 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,708 $1,144,950,000 $308,778 $5,900 3.22%
Refi 1,474 $473,030,000 $320,916 $3,999 3.05%
Cash Out Refi 129 $37,745,000 $292,597 $6,142 3.66%

For the 2020, Mortgage Access Corp.'s most frequently cited loan purpose of loans were Home Purchase, with 3,708 originations. The 2nd most popular reason of loans were Refi, with 1,474 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,594 $1,462,070,000 $318,256 $5,597 3.24%
15 Year 477 $126,815,000 $265,860 $3,980 2.71%
20 Year 162 $46,510,000 $287,099 $3,964 3.09%
Other 43 $13,835,000 $321,744 $4,336 3.29%
10 Year 35 $6,495,000 $185,571 $3,259 2.50%

For the 2020, Mortgage Access Corp.'s most frequently cited loan length of loans were 30 Year, with 4,594 originations. The 2nd most popular length of loans were 15 Year, with 477 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,517 $739,195,000 $293,681
$<1k 1,406 $454,060,000 $322,945
$2k-3k 601 $178,875,000 $297,629
$3k-4k 504 $167,980,000 $333,294
$5k+ 273 $114,445,000 $419,212

$5,597 of loans were Mortgage Access Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,517 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,745 $841,895,000 $306,701
2.5-3% 2,126 $682,260,000 $320,913
<2.5% 276 $89,930,000 $325,833
4-5% 160 $40,720,000 $254,500
5-6% 4 $920,000 $230,000

During 2020, Mortgage Access Corp.'s average interest rate of loans were 3.24%, while their most frequently originated rate bucket of loans were 3-4%, with 2,745 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,863 $832,075,000 $290,630 $5,264 3.18%
$100k-200k 1,050 $165,840,000 $157,943 $4,265 3.23%
$400k-600k 1,031 $490,525,000 $475,776 $6,387 3.13%
$600k-1MM 219 $151,655,000 $692,489 $8,600 3.12%
$100,000 or less 143 $10,105,000 $70,664 $3,255 3.39%
$1MM+ 5 $5,525,000 $1,105,000 $11,173 2.88%

2020 saw Mortgage Access Corp. place emphasis on $200k-400k loans with 2,863 originations, totaling $832,075,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,556 $499,990,000 $321,330 $5,585 3.18%
$150k-250k 1,192 $474,330,000 $397,928 $5,531 3.12%
$75k-100k 1,007 $267,275,000 $265,417 $5,446 3.24%
$50k-75k 845 $180,385,000 $213,473 $4,961 3.26%
$50k or less 397 $85,885,000 $216,335 $4,310 3.18%
$250k+ 302 $144,220,000 $477,550 $6,047 3.11%

Mortgage Access Corp. lent most frequently to those with incomes in the $100k-150k range, with 1,556 originations. The second most popular income band? $150k-250k, with 1,192 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,179 $371,745,000 $315,305 $4,850 3.10%
30-36% 982 $305,350,000 $310,947 $5,296 3.19%
<20% 376 $111,400,000 $296,277 $4,241 3.03%
44% 263 $84,165,000 $320,019 $6,049 3.32%
42% 220 $66,180,000 $300,818 $5,642 3.29%
41% 214 $67,070,000 $313,411 $5,824 3.29%
43% 212 $63,640,000 $300,189 $5,584 3.28%
40% 198 $61,680,000 $311,515 $6,070 3.25%
39% 189 $56,575,000 $299,339 $5,491 3.25%
36% 184 $57,200,000 $310,870 $5,279 3.23%
45% 181 $56,395,000 $311,575 $5,743 3.23%
38% 180 $51,560,000 $286,444 $5,177 3.23%
49% 173 $51,875,000 $299,855 $5,925 3.23%
37% 170 $54,330,000 $319,588 $5,395 3.23%
48% 146 $44,060,000 $301,781 $5,516 3.25%
47% 133 $41,045,000 $308,609 $6,017 3.24%
46% 113 $36,545,000 $323,407 $5,996 3.18%
50-60% 101 $31,395,000 $310,842 $9,750 3.34%
>60% 5 $855,000 $171,000 $4,210 3.17%

Mortgage Access Corp. lent most frequently to those with DTI ratios of 20-30%, with 1,179 originations. The next most common DTI ratio? 30-36%, with 982 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,269 $1,326,945,000 $310,833 $5,273 3.19%
Black 500 $146,240,000 $292,480 $6,261 3.26%
Asian 350 $124,130,000 $354,657 $5,718 3.12%
Not provided 174 $52,650,000 $302,586 $4,604 3.05%
American Indian 7 $2,125,000 $303,571 $7,605 3.12%
Native Hawaiian 6 $1,640,000 $273,333 $4,412 3.08%
Asian Indian 3 $1,395,000 $465,000 $5,589 3.33%
Other Asian 1 $305,000 $305,000 $4,594 3.13%
Other Pacific Islander 1 $295,000 $295,000 $12,060 4.25%

Approval Rates

Total approvals of all applications
95.61%

Mortgage Access Corp. 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
73.83%

Mortgage Access Corp. has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 5,311 $1,655,725,000 $311,754

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Site-Built 5,311 $1,655,725,000 $311,754

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 140 $27,310,000 $195,071 $3,530 2.88%
40-60% 540 $143,210,000 $265,204 $4,080 2.99%
60-80% 1,636 $540,570,000 $330,422 $4,650 3.17%
80-100% 2,904 $916,520,000 $315,606 $5,918 3.25%
Over 100% 68 $27,210,000 $400,147 $15,097 3.10%
Under 20% 23 $905,000 $39,348 $1,022 3.15%