Tulare County Mortgage Rates, Fees & Info

Tulare, CA

LEI: 549300EIBXII5C4D4548

Tax ID: 94-1175535

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Tulare County is a smaller mortgage company specializing in Home Improvement and Other loans. Tulare County has a high proportion of conventional loans. Their top markets by origination volume include: Visalia, Hanford, Fresno, and Bakersfield among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Tulare County has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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.

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    Originations

    69

    Origination Dollar Volume (All Markets)

    $3,555,000

    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
    VISALIA, CA (FHA|USDA|VA) 63 $3,165,000 $50,238 $0 0.00%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $170,000 $85,000 $0 0.00%
    FRESNO, CA (FHA|USDA|VA) 2 $140,000 $70,000 $0 0.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Outside of Metro Areas 1 $25,000 $25,000 $0 0.00%
    Tulare County's top markets include Visalia, Hanford, Fresno, and Bakersfield among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 69 $3,555,000 $51,522 $0 0.00%

    For 2023, Tulare County's most frequently originated type of loan was Conventional, with 69 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 49 $2,335,000 $47,653 $0 0.00%
    Other 18 $1,000,000 $55,556 $0 0.00%
    Home Purchase 1 $115,000 $115,000 $0 0.00%
    Refi 1 $105,000 $105,000 $0 0.00%

    For 2023, Tulare County's most frequently cited loan purpose was Home Improvement, with 49 originations. The 2nd most popular reason was Other, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 69 $3,555,000 $51,522 $0 0.00%

    For 2023, Tulare County's most frequently cited loan duration was Other, with 69 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 62 $2,750,000 $44,355 $0 0.00%
    $100k-200k 7 $805,000 $115,000 $0 0.00%

    2023 saw Tulare County place emphasis on $100,000 or less loans with 62 originations, totaling $2,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 24 $1,310,000 $54,583 $0 0.00%
    $150k-250k 16 $730,000 $45,625 $0 0.00%
    $75k-100k 13 $665,000 $51,154 $0 0.00%
    $50k-75k 10 $380,000 $38,000 $0 0.00%
    $250k+ 4 $330,000 $82,500 $0 0.00%
    $50k or less 2 $140,000 $70,000 $0 0.00%

    Tulare County lent most frequently to those with incomes in the $100k-150k range, with 24 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 69 $3,555,000 $51,522 $0 0.00%

    Tulare County lent most frequently to those with DTI ratios of Exempt%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $2,550,000 $53,125 $0 0.00%
    Not provided 16 $740,000 $46,250 $0 0.00%
    Filipino 2 $110,000 $55,000 $0 0.00%
    Other Asian 1 $95,000 $95,000 $0 0.00%
    Native Hawaiian or Islander 1 $45,000 $45,000 $0 0.00%
    American Indian 1 $15,000 $15,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.73%

    Tulare County has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.91%

    Tulare County has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 69 $3,555,000 $51,522

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    69 $3,555,000 $51,522