Mackillie Incorporated Mortgage Rates, Fees & Info
CARMEL, CALEI: 549300EKCY4J7PC8WH77
Tax ID: 27-0808153
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Mortgage Data
Review & Overview
Mackillie Incorporated is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Mackillie Incorporated has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Salinas, San Francisco, Oxnard, and San Jose among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)Mackillie Incorporated has an above average approval rate when compared to the average across all lenders.
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Originations
181Origination Dollar Volume (All Markets)
$93,615,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 56 | $30,360,000 | $542,143 | $0 | 9.44% |
| SALINAS, CA (FHA|USDA|VA) | 46 | $28,740,000 | $624,783 | $0 | 9.60% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 28 | $12,450,000 | $444,643 | $0 | 9.11% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 13 | $6,515,000 | $501,154 | $0 | 9.44% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 8 | $4,470,000 | $558,750 | $0 | 9.37% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 6 | $1,810,000 | $301,667 | $0 | 9.92% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $1,645,000 | $1,645,000 | $0 | 8.50% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $1,620,000 | $810,000 | $0 | 9.50% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $1,530,000 | $765,000 | $0 | 9.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 9.17% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 8.83% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 10.00% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 9.00% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 10.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 9.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 10.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 9.00% |
| Outside of Metro Areas | 1 | $165,000 | $165,000 | $0 | 10.00% |
| REDDING, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 11.00% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 180 | $93,460,000 | $519,222 | $0 | 9.43% |
| Reverse Mortgage | 1 | $155,000 | $155,000 | $0 | 10.99% |
For 2022, Mackillie Incorporated's most frequently originated type of loan was Conventional, with 180 originations. Their 2nd most popular type was Reverse Mortgage, with 1 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Cash Out Refi | 128 | $59,780,000 | $467,031 | $0 | 9.54% |
| Home Purchase | 45 | $31,355,000 | $696,778 | $0 | 9.14% |
| Refi | 8 | $2,480,000 | $310,000 | $0 | 9.56% |
For 2022, Mackillie Incorporated's most frequently cited loan purpose was Cash Out Refi, with 128 originations. The 2nd most popular reason was Home Purchase, with 45 originations.
Loan Duration/Length
For 2022, Mackillie Incorporated's most frequently cited loan duration was 1 Year, with 123 originations. The 2nd most popular length was Other, with 42 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 166 | $84,350,000 | $508,133 |
| 7-8% | 13 | $8,635,000 | $664,231 |
| <2.5% | 1 | $345,000 | $345,000 |
| 6-7% | 1 | $285,000 | $285,000 |
During 2022, Mackillie Incorporated's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 166 originations.
Loan Sizing
2022 saw Mackillie Incorporated place emphasis on $200k-400k loans with 53 originations, totaling $15,995,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Mackillie Incorporated has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 181 | $93,615,000 | $517,210 |