Colliers Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300EKCKDF80ZM4V51

Tax ID: 20-4273610

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Mortgage Data

Review & Overview

Colliers Mortgage is a small mortgage company specializing in Refi loans. Colliers Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans.

Colliers Mortgage has an above average approval rate when compared to the average across all lenders. They typically have relatively high rates.

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Originations

146

Origination Dollar Volume (All Markets)

$1,464,850,000

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
Outside of Metro Areas 146 $1,464,850,000 $10,033,219 $0 4.93%
Colliers Mortgage's top markets include

Their top states include:
  • Minnesota (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 112 $1,061,600,000 $9,478,571 $0 5.05%
    FHA 34 $403,250,000 $11,860,294 $0 4.56%

    For 2018, Colliers Mortgage's most frequently originated type of loan was Conventional, with 112 originations. Their 2nd most popular type was FHA, with 34 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 146 $1,464,850,000 $10,033,219 $0 4.93%

    For 2018, Colliers Mortgage's most frequently cited loan purpose was Refi, with 146 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 84 $701,850,000 $8,355,357 $0 5.10%
    30+ year 30 $543,480,000 $18,116,000 $0 4.23%
    10 Year 22 $161,960,000 $7,361,818 $0 5.17%
    30 Year 4 $23,440,000 $5,860,000 $0 5.24%
    15 Year 4 $14,160,000 $3,540,000 $0 4.99%
    5 Year 1 $18,755,000 $18,755,000 $0 5.34%
    20 Year 1 $1,205,000 $1,205,000 $0 5.41%

    For 2018, Colliers Mortgage's most frequently cited loan duration was Other, with 84 originations. The 2nd most popular length was 30+ year, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 70 $391,400,000 $5,591,429
    4-5% 66 $959,570,000 $14,538,939
    3-4% 7 $111,015,000 $15,859,286
    6-7% 3 $2,865,000 $955,000

    During 2018, Colliers Mortgage's average interest rate for loans was 5.24%, while their most frequently originated rate bucket for loans was 5-6%, with 70 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 142 $1,462,150,000 $10,296,831 $0 4.91%
    $600k-1MM 3 $2,185,000 $728,333 $0 5.58%
    $400k-600k 1 $515,000 $515,000 $0 6.44%

    2018 saw Colliers Mortgage place emphasis on $1MM+ loans with 142 originations, totaling $1,462,150,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 146 $1,464,850,000 $10,033,219 $0 4.93%

    Approval Rates

    Total approvals of all applications
    100.00%

    Colliers Mortgage 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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 146 $1,464,850,000 $10,033,219

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 146 $1,464,850,000 $10,033,219

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $36,925,000 $5,275,000 $0 5.33%
    40-60% 7 $27,505,000 $3,929,286 $0 5.10%
    60-80% 96 $902,940,000 $9,405,625 $0 5.01%
    80-100% 11 $80,695,000 $7,335,909 $0 4.86%
    Under 20% 5 $7,175,000 $1,435,000 $0 5.93%