Mortgage Access Corp. Rates, Fees & Info

Morris Plains, NJ

LEI: 549300EFCZM6KD6B8K69

Tax ID: 22-2302263

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

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    • Review & Overview

    Mortgage Access Corp. is a smaller mortgage company specializing in Home Purchase 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 by origination volume include: New York, Philadelphia, Washington, Allentown, and Houston among others. We have data for 203 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mortgage Access Corp. 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. Mortgage Access Corp. 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.

    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 6.78% 4/28/24
    30 Year Conventional Refi 6.63% 4/28/24
    30 Year Cash-out Refi 6.85% 4/28/24
    30 Year FHA Purchase 7.52% 4/28/24
    30 Year FHA Refi 7.16% 4/28/24
    30 Year VA Purchase 6.39% 4/28/24
    30 Year USDA Purchase 7.50% 4/28/24
    15 Year Conventional Purchase 6.13% 4/28/24
    15 Year Conventional Refi 6.16% 4/28/24
    15 Year Cash-out Refi 6.16% 4/28/24
    15 Year VA Purchase 6.72% 4/28/24
    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.

    Mortgage Access Corp. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Mortgage Access Corp.. 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

    2,369

    Origination Dollar Volume (All Markets)

    $789,655,000

    Awards

    MORTGAGE ACCESS CORP. FHA Loans bronze MORTGAGE ACCESS CORP. 30 Year Conventional Loans silver MORTGAGE ACCESS CORP. FHA Loans bronze
    Show all (3) awards

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 743 $274,475,000 $369,415 $7,671 4.88%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 463 $128,915,000 $278,434 $7,195 5.04%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 185 $69,955,000 $378,135 $8,515 4.98%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 164 $41,560,000 $253,415 $7,677 5.11%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 51 $19,715,000 $386,569 $8,468 5.07%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 24 $10,030,000 $417,917 $8,494 4.98%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 23 $8,575,000 $372,826 $8,317 4.95%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $8,545,000 $449,737 $9,259 5.06%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 24 $7,770,000 $323,750 $7,731 4.70%
    Outside of Metro Areas 29 $7,255,000 $250,172 $6,606 5.14%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 21 $7,015,000 $334,048 $6,225 5.24%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 17 $6,995,000 $411,471 $7,139 5.17%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 20 $6,830,000 $341,500 $4,573 4.76%
    JACKSON, MS (FHA|USDA|VA) 16 $5,310,000 $331,875 $7,570 5.02%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 12 $5,020,000 $418,333 $6,534 5.51%
    JOHNSON CITY, TN (FHA|USDA|VA) 12 $4,960,000 $413,333 $10,875 4.86%
    BOISE CITY, ID (FHA|USDA|VA) 11 $4,905,000 $445,909 $7,652 4.60%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 10 $4,860,000 $486,000 $8,806 5.04%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 12 $4,650,000 $387,500 $6,289 5.06%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 15 $4,165,000 $277,667 $8,018 3.97%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $3,820,000 $636,667 $7,816 5.52%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 16 $3,460,000 $216,250 $7,900 4.61%
    BATON ROUGE, LA (FHA|USDA|VA) 10 $3,420,000 $342,000 $9,501 4.91%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 14 $3,350,000 $239,286 $7,429 5.37%
    NILES, MI (FHA|USDA|VA) 9 $3,335,000 $370,556 $5,308 4.83%
    RALEIGH-CARY, NC (FHA|USDA|VA) 7 $3,075,000 $439,286 $4,852 4.67%
    TULSA, OK (FHA|USDA|VA) 9 $2,955,000 $328,333 $7,278 5.18%
    COLUMBUS, OH (FHA|USDA|VA) 9 $2,925,000 $325,000 $7,506 5.54%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 8 $2,890,000 $361,250 $8,471 5.15%
    LYNCHBURG, VA (FHA|USDA|VA) 9 $2,775,000 $308,333 $5,428 5.33%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $2,690,000 $1,345,000 $12,756 4.31%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $2,680,000 $335,000 $6,108 5.07%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 8 $2,590,000 $323,750 $8,063 4.76%
    READING, PA (FHA|USDA|VA) 9 $2,565,000 $285,000 $8,175 5.26%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $2,565,000 $513,000 $5,171 5.52%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $2,485,000 $497,000 $7,571 5.45%
    Russellville, AR (FHA|USDA|VA) 9 $2,375,000 $263,889 $7,503 5.04%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $2,290,000 $381,667 $8,396 4.52%
    RICHMOND, VA (FHA|USDA|VA) 6 $2,260,000 $376,667 $9,937 5.39%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $2,150,000 $537,500 $7,102 4.12%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,980,000 $495,000 $7,382 4.90%
    FLORENCE, SC (FHA|USDA|VA) 7 $1,925,000 $275,000 $6,774 5.53%
    WINCHESTER, VA-WV (FHA|USDA|VA) 8 $1,920,000 $240,000 $5,030 4.89%
    LOUISVILLE, KY (FHA|USDA|VA) 6 $1,910,000 $318,333 $4,768 6.39%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,895,000 $379,000 $4,624 5.17%
    Pottsville, PA (FHA|USDA|VA) 9 $1,765,000 $196,111 $7,642 4.96%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,765,000 $353,000 $6,256 3.91%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 8 $1,740,000 $217,500 $6,566 5.36%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,700,000 $425,000 $6,913 5.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,670,000 $278,333 $5,755 4.39%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,630,000 $407,500 $4,647 4.71%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $1,560,000 $390,000 $5,069 4.19%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $1,550,000 $387,500 $4,066 5.09%
    TOLEDO, OH (FHA|USDA|VA) 4 $1,500,000 $375,000 $7,694 4.56%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,500,000 $375,000 $10,791 4.81%
    PITTSBURGH, PA (FHA|USDA|VA) 5 $1,425,000 $285,000 $9,227 5.90%
    LANCASTER, PA (FHA|USDA|VA) 4 $1,370,000 $342,500 $5,751 6.37%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $1,345,000 $448,333 $7,098 4.46%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $1,340,000 $335,000 $7,609 5.25%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,340,000 $223,333 $6,361 5.35%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $1,330,000 $332,500 $7,208 5.44%
    MIDLAND, TX (FHA|USDA|VA) 4 $1,260,000 $315,000 $4,199 4.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $1,245,000 $415,000 $6,756 4.71%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $1,205,000 $401,667 $6,034 4.96%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $1,170,000 $292,500 $5,680 4.28%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,165,000 $388,333 $4,594 5.33%
    FORT WAYNE, IN (FHA|USDA|VA) 4 $1,150,000 $287,500 $5,112 5.81%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $1,140,000 $285,000 $6,499 4.90%
    OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,514 5.03%
    WACO, TX (FHA|USDA|VA) 4 $1,070,000 $267,500 $5,075 6.00%
    SPRINGFIELD, MA (FHA|USDA|VA) 3 $1,025,000 $341,667 $8,672 5.66%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $995,000 $331,667 $5,647 4.62%
    COLUMBUS, GA-AL (FHA|USDA|VA) 3 $995,000 $331,667 $4,784 5.74%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $990,000 $495,000 $11,259 4.81%
    LONGVIEW, TX (FHA|USDA|VA) 3 $985,000 $328,333 $6,710 4.33%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $945,000 $315,000 $6,558 5.54%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $945,000 $315,000 $6,485 5.46%
    ANCHORAGE, AK (FHA|USDA|VA) 2 $920,000 $460,000 $3,414 5.44%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $910,000 $227,500 $6,198 4.84%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $910,000 $455,000 $2,946 4.62%
    Vicksburg, MS (FHA|USDA|VA) 4 $870,000 $217,500 $5,701 4.87%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $850,000 $425,000 $6,499 5.31%
    COLUMBIA, SC (FHA|USDA|VA) 2 $850,000 $425,000 $7,588 4.19%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $825,000 $275,000 $4,255 5.17%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $810,000 $405,000 $12,660 5.94%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $810,000 $135,000 $6,580 5.25%
    TUSCALOOSA, AL (FHA|USDA|VA) 3 $755,000 $251,667 $5,162 5.08%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $745,000 $745,000 $4,438 5.63%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $740,000 $370,000 $6,983 4.94%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $740,000 $370,000 $12,075 4.93%
    SYRACUSE, NY (FHA|USDA|VA) 2 $710,000 $355,000 $6,927 4.88%
    HARRISONBURG, VA (FHA|USDA|VA) 2 $700,000 $350,000 $3,398 6.63%
    SHEBOYGAN, WI (FHA|USDA|VA) 2 $700,000 $350,000 $4,405 3.81%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $685,000 $228,333 $4,035 5.29%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $670,000 $335,000 $5,282 4.12%
    VISALIA, CA (FHA|USDA|VA) 2 $660,000 $330,000 $3,720 5.62%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $655,000 $655,000 $4,097 4.75%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $645,000 $645,000 $4,267 4.13%
    ROANOKE, VA (FHA|USDA|VA) 2 $610,000 $305,000 $3,069 3.87%
    Findlay, OH (FHA|USDA|VA) 2 $600,000 $300,000 $5,277 3.06%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $600,000 $300,000 $2,498 4.88%
    Oxford, MS (FHA|USDA|VA) 2 $600,000 $300,000 $3,993 6.18%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $595,000 $595,000 $8,872 4.13%
    Wapakoneta, OH (FHA|USDA|VA) 2 $590,000 $295,000 $9,936 6.74%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $570,000 $285,000 $7,103 7.18%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $560,000 $280,000 $6,664 4.19%
    Fort Dodge, IA (FHA|USDA|VA) 2 $560,000 $280,000 $4,104 6.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $555,000 $555,000 $8,314 3.49%
    WICHITA, KS (FHA|USDA|VA) 3 $525,000 $175,000 $4,120 5.16%
    TOPEKA, KS (FHA|USDA|VA) 2 $520,000 $260,000 $4,383 6.43%
    Bedford, IN (FHA|USDA|VA) 2 $510,000 $255,000 $2,254 4.24%
    GREEN BAY, WI (FHA|USDA|VA) 2 $510,000 $255,000 $5,436 4.44%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $500,000 $250,000 $4,459 6.31%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $490,000 $245,000 $5,943 4.12%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $485,000 $485,000 $3,784 3.38%
    GREELEY, CO (FHA|USDA|VA) 1 $485,000 $485,000 $8,550 7.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $475,000 $475,000 $5,146 3.63%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $475,000 $475,000 $6,206 4.49%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $470,000 $235,000 $3,833 4.69%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $465,000 $465,000 $4,189 5.25%
    Fremont, OH (FHA|USDA|VA) 2 $450,000 $225,000 $3,425 5.88%
    Stillwater, OK (FHA|USDA|VA) 2 $430,000 $215,000 $6,972 6.13%
    Hudson, NY (FHA|USDA|VA) 1 $425,000 $425,000 $5,495 6.63%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $415,000 $415,000 $7,268 5.88%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $415,000 $415,000 $3,859 2.88%
    Searcy, AR (FHA|USDA|VA) 1 $415,000 $415,000 $12,060 4.25%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,455 3.75%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $400,000 $200,000 $6,127 5.44%
    Big Rapids, MI (FHA|USDA|VA) 1 $395,000 $395,000 $20,149 2.75%
    KINGSTON, NY (FHA|USDA|VA) 1 $395,000 $395,000 $9,764 6.49%
    Corinth, MS (FHA|USDA|VA) 2 $390,000 $195,000 $4,178 5.68%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $385,000 $385,000 $7,617 3.25%
    Mount Pleasant, TX (FHA|USDA|VA) 1 $385,000 $385,000 $5,790 6.13%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $385,000 $385,000 $3,009 5.49%
    Richmond-Berea, KY (FHA|USDA|VA) 2 $380,000 $190,000 $4,544 5.38%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $375,000 $375,000 $7,121 6.99%
    ROCKY MOUNT, NC (FHA|USDA|VA) 2 $360,000 $180,000 $4,380 4.87%
    VALDOSTA, GA (FHA|USDA|VA) 1 $345,000 $345,000 $11,997 5.63%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $335,000 $335,000 $11,355 7.49%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $335,000 $335,000 $4,834 5.88%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $335,000 $335,000 $5,061 6.99%
    Arkadelphia, AR (FHA|USDA|VA) 1 $335,000 $335,000 $3,292 5.49%
    Danville, KY (FHA|USDA|VA) 1 $325,000 $325,000 $2,923 4.13%
    Paris, TN (FHA|USDA|VA) 1 $325,000 $325,000 $5,202 4.13%
    KANKAKEE, IL (FHA|USDA|VA) 1 $325,000 $325,000 $11,820 5.88%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $325,000 $325,000 $4,035 3.63%
    FLINT, MI (FHA|USDA|VA) 1 $315,000 $315,000 $6,048 3.99%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $315,000 $315,000 $6,441 5.49%
    Alexandria, MN (FHA|USDA|VA) 1 $315,000 $315,000 $12,636 4.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $315,000 $315,000 $7,590 5.88%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $315,000 $315,000 $3,854 5.49%
    Salem, OH (FHA|USDA|VA) 1 $305,000 $305,000 $13,571 4.25%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $305,000 $305,000 $4,135 3.63%
    Meridian, MS (FHA|USDA|VA) 1 $305,000 $305,000 $13,243 2.75%
    Mason City, IA (FHA|USDA|VA) 2 $300,000 $150,000 $4,279 5.69%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $285,000 $285,000 $4,496 4.63%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $285,000 $285,000 $9,923 5.63%
    Angola, IN (FHA|USDA|VA) 1 $285,000 $285,000 $7,902 3.63%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $275,000 $275,000 $2,863 5.49%
    AMES, IA (FHA|USDA|VA) 1 $275,000 $275,000 $3,468 5.38%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $275,000 $275,000 $8,148 3.88%
    Escanaba, MI (FHA|USDA|VA) 1 $275,000 $275,000 $3,381 7.49%
    NEW BERN, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,495 3.25%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $255,000 $255,000 $6,495 4.88%
    Tiffin, OH (FHA|USDA|VA) 1 $255,000 $255,000 $1,565 4.75%
    Cornelia, GA (FHA|USDA|VA) 1 $255,000 $255,000 $4,307 4.99%
    DECATUR, AL (FHA|USDA|VA) 1 $255,000 $255,000 $11,753 7.13%
    Calhoun, GA (FHA|USDA|VA) 1 $255,000 $255,000 $9,616 7.50%
    Whitewater, WI (FHA|USDA|VA) 1 $245,000 $245,000 $2,697 2.63%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $235,000 $235,000 $2,598 5.88%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $225,000 $225,000 $8,791 5.63%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $225,000 $225,000 $7,689 3.75%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $225,000 $225,000 $3,216 5.38%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $3,046 4.25%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $215,000 $215,000 $6,530 5.49%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $205,000 $205,000 $5,514 6.75%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $205,000 $205,000 $2,610 6.99%
    El Dorado, AR (FHA|USDA|VA) 1 $195,000 $195,000 $7,753 3.88%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $6,095 6.88%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $1,922 5.99%
    DECATUR, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,354 7.49%
    Mount Sterling, KY (FHA|USDA|VA) 1 $185,000 $185,000 $7,215 5.49%
    Olean, NY (FHA|USDA|VA) 1 $185,000 $185,000 $3,270 7.13%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,262 6.38%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,750 5.75%
    Hobbs, NM (FHA|USDA|VA) 1 $175,000 $175,000 $5,870 6.99%
    APPLETON, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,551 6.38%
    SAGINAW, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,982 5.25%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $155,000 $155,000 $6,363 5.25%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $155,000 $155,000 $4,095 5.49%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,946 4.63%
    Auburn, NY (FHA|USDA|VA) 1 $155,000 $155,000 $4,844 3.88%
    SUMTER, SC (FHA|USDA|VA) 1 $145,000 $145,000 $4,470 5.99%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,357 6.99%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $4,917 4.88%
    Madisonville, KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,210 5.88%
    BECKLEY, WV (FHA|USDA|VA) 1 $135,000 $135,000 $5,825 3.75%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $135,000 $135,000 $3,348 3.63%
    ENID, OK (FHA|USDA|VA) 1 $125,000 $125,000 $3,356 5.88%
    Portsmouth, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,803 3.88%
    Duncan, OK (FHA|USDA|VA) 1 $105,000 $105,000 $3,003 3.25%
    BANGOR, ME (FHA|USDA|VA) 1 $105,000 $105,000 $2,657 3.63%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $75,000 $75,000 $3,362 4.38%
    Mortgage Access Corp.'s top markets include New York, Philadelphia, Washington, Allentown, and Houston among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,055 $684,775,000 $333,224 $6,612 5.00%
    FHA 208 $61,960,000 $297,885 $12,663 5.01%
    VA 105 $42,845,000 $408,048 $11,842 4.92%
    USDA 1 $75,000 $75,000 $3,322 3.75%

    For 2022, Mortgage Access Corp.'s most frequently originated type of loan was Conventional, with 2,055 originations. Their 2nd most popular type was FHA, with 208 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,229 $752,405,000 $337,553 $7,464 5.06%
    Cash Out Refi 83 $23,475,000 $282,831 $6,912 4.30%
    Refi 57 $13,775,000 $241,667 $4,606 3.48%

    For 2022, Mortgage Access Corp.'s most frequently cited loan purpose was Home Purchase, with 2,229 originations. The 2nd most popular reason was Cash Out Refi, with 83 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,194 $744,280,000 $339,234 $7,537 5.08%
    15 Year 137 $36,315,000 $265,073 $5,385 3.88%
    20 Year 25 $6,595,000 $263,800 $5,835 4.50%
    10 Year 10 $1,780,000 $178,000 $5,279 3.31%
    Other 3 $685,000 $228,333 $3,664 4.29%

    For 2022, Mortgage Access Corp.'s most frequently cited loan duration was 30 Year, with 2,194 originations. The 2nd most popular length was 15 Year, with 137 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 647 $194,425,000 $300,502
    $5k+ 465 $193,625,000 $416,398
    $2k-3k 449 $136,905,000 $304,911
    $3k-4k 325 $101,495,000 $312,292
    $<1k 243 $83,125,000 $342,078
    $4k-5k 236 $79,150,000 $335,381

    Mortgage Access Corp.'s average total fees were $7,537, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 647 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 781 $262,295,000 $335,845
    3-4% 602 $195,280,000 $324,385
    4-5% 477 $166,355,000 $348,753
    6-7% 324 $102,750,000 $317,130
    7-8% 107 $33,145,000 $309,766
    2.5-3% 66 $26,200,000 $396,970
    <2.5% 12 $3,630,000 $302,500

    During 2022, Mortgage Access Corp.'s average interest rate for loans was 5.08%, while their most frequently originated rate bucket for loans was 5-6%, with 781 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,225 $358,785,000 $292,886 $7,131 5.02%
    $400k-600k 503 $240,195,000 $477,525 $8,791 4.98%
    $100k-200k 422 $67,330,000 $159,550 $5,302 5.00%
    $600k-1MM 141 $100,445,000 $712,376 $11,694 4.82%
    $100,000 or less 63 $4,345,000 $68,968 $3,276 5.07%
    $1MM+ 15 $18,555,000 $1,237,000 $13,441 4.18%

    2022 saw Mortgage Access Corp. place emphasis on $200k-400k loans with 1,225 originations, totaling $358,785,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 746 $251,360,000 $336,944 $7,675 5.02%
    $150k-250k 543 $230,805,000 $425,055 $8,203 5.07%
    $75k-100k 434 $117,170,000 $269,977 $6,931 5.02%
    $50k-75k 360 $78,740,000 $218,722 $6,092 4.87%
    $250k+ 161 $92,515,000 $574,627 $8,711 4.99%
    $50k or less 123 $18,725,000 $152,236 $5,619 4.78%

    Mortgage Access Corp. lent most frequently to those with incomes in the $100k-150k range, with 746 originations. The second most popular income band? $150k-250k, with 543 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 426 $140,630,000 $330,117 $6,604 4.77%
    30-36% 401 $131,205,000 $327,195 $6,801 4.97%
    49% 152 $51,960,000 $341,842 $8,194 5.22%
    42% 106 $36,950,000 $348,585 $7,660 5.00%
    37% 103 $37,875,000 $367,718 $7,335 4.85%
    43% 103 $33,765,000 $327,816 $7,077 5.08%
    <20% 102 $27,610,000 $270,686 $5,715 4.86%
    48% 102 $33,000,000 $323,529 $7,768 5.11%
    44% 101 $32,875,000 $325,495 $7,388 4.99%
    50-60% 95 $31,445,000 $331,000 $11,502 5.25%
    45% 94 $31,860,000 $338,936 $7,246 5.08%
    40% 91 $30,285,000 $332,802 $7,701 4.94%
    46% 91 $29,705,000 $326,429 $8,409 4.97%
    47% 86 $29,050,000 $337,791 $7,749 5.17%
    41% 83 $28,375,000 $341,867 $7,605 5.26%
    38% 82 $29,050,000 $354,268 $7,534 5.19%
    39% 79 $30,235,000 $382,722 $7,816 4.97%
    36% 71 $23,395,000 $329,507 $6,875 5.04%
    >60% 1 $385,000 $385,000 $11,658 4.25%

    Mortgage Access Corp. lent most frequently to those with DTI ratios of 20-30%, with 426 originations. The next most common DTI ratio? 30-36%, with 401 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,852 $606,840,000 $327,667 $7,240 4.99%
    Black 258 $83,430,000 $323,372 $7,998 4.99%
    Asian 164 $63,420,000 $386,707 $7,522 4.96%
    Not provided 84 $31,930,000 $380,119 $8,355 5.05%
    American Indian 7 $1,965,000 $280,714 $5,128 5.36%
    Asian Indian 1 $1,045,000 $1,045,000 $7,076 4.88%
    Native Hawaiian or Islander 3 $1,025,000 $341,667 $9,489 4.54%

    Approval Rates

    Total approvals of all applications
    94.55%

    Mortgage Access Corp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    66.27%

    Mortgage Access Corp. 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 2,369 $789,655,000 $333,328

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,369 $789,655,000 $333,328

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 88 $15,580,000 $177,045 $4,580 4.66%
    40-60% 195 $51,055,000 $261,821 $5,352 4.81%
    60-80% 686 $236,940,000 $345,394 $7,101 5.00%
    80-100% 1,344 $470,420,000 $350,015 $7,827 5.04%
    Over 100% 35 $14,335,000 $409,571 $16,885 4.73%
    Under 20% 21 $1,325,000 $63,095 $2,183 4.93%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    Mortgage Research Center, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Mortgage Research Center, LLC VA mortgage Trouble during payment process 1 50.0%