James B. Nutter & Company Mortgage Rates, Fees & Info

Jefferson City, MO

LEI: 549300EXQ4TO1KWRTV95

Tax ID: 44-0607186

5 stars - out of 5 stars, based on 14 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    James B. Nutter & Company is a smaller mortgage company specializing in loans. They have a a high proportion of FHA loans. James B. Nutter & Company has an average proportion of conventional loans. Their top markets by origination volume include: Kansas City, Dallas, Denver, Chicago, and Seattle among others. We have data for 93 markets. (Some data included below & more in-depth data is available with an active subscription.)

    James B. Nutter & Company 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. James B. Nutter & Company 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 6.50% 11/26/22
    30 Year Conventional Refi 6.85% 11/26/22
    30 Year Cash-out Refi 7.23% 11/26/22
    30 Year FHA Purchase 6.61% 11/26/22
    30 Year FHA Refi 7.45% 11/26/22
    30 Year VA Purchase 6.55% 11/26/22
    30 Year VA Refi 6.26% 11/26/22
    15 Year Conventional Purchase 6.79% 11/26/22
    15 Year Conventional Refi 6.62% 11/26/22
    15 Year Cash-out Refi 6.62% 11/26/22
    15 Year FHA Refi 7.36% 11/26/22
    15 Year VA Purchase 5.90% 11/26/22
    15 Year VA Refi 6.45% 11/26/22
    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.


    Originations

    190

    Origination Dollar Volume (All Markets)

    $46,970,000

    Awards

    JAMES B. NUTTER & COMPANY FHA Loans gold JAMES B. NUTTER & COMPANY VA Loans gold
    Show all (2) awards

    Relative Rate

    James B. Nutter & Company's average 30 year fixed mortgage rate was 2.81%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.34%.

    Relative Fees (Closing Costs)

    James B. Nutter & Company's average total fees/closing costs for a 30 year fixed rate mortgage were $3,222.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 27 $5,745,000 $212,778 $3,023 2.98%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $1,815,000 $259,286 $4,272 2.84%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,800,000 $450,000 $3,264 2.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,680,000 $280,000 $4,132 2.98%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,540,000 $385,000 $3,716 2.25%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,380,000 $345,000 $3,836 2.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,355,000 $271,000 $4,748 2.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $4,024 2.93%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,295,000 $259,000 $3,250 2.83%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $1,245,000 $249,000 $2,835 2.83%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,185,000 $395,000 $4,915 2.83%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $940,000 $470,000 $4,206 2.63%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $915,000 $305,000 $2,356 2.54%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $890,000 $222,500 $1,959 2.53%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $815,000 $271,667 $4,110 2.71%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $800,000 $200,000 $2,187 3.03%
    Outside of Metro Areas 4 $760,000 $190,000 $3,124 2.81%
    ALBUQUERQUE, NM (FHA|USDA|VA) 3 $725,000 $241,667 $2,980 2.83%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $695,000 $231,667 $1,968 2.75%
    ANCHORAGE, AK (FHA|USDA|VA) 2 $670,000 $335,000 $3,765 2.56%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $670,000 $335,000 $2,172 2.56%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $565,000 $188,333 $2,471 2.79%
    VISALIA, CA (FHA|USDA|VA) 2 $550,000 $275,000 $3,451 2.81%
    TUCSON, AZ (FHA|USDA|VA) 2 $530,000 $265,000 $1,267 2.75%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $520,000 $260,000 $7,048 2.69%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $500,000 $250,000 $1,434 2.75%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $475,000 $475,000 $922 2.63%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $455,000 $455,000 $5,177 2.25%
    Bardstown, KY (FHA|USDA|VA) 1 $455,000 $455,000 $2,338 2.75%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $445,000 $445,000 $3,885 3.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $430,000 $215,000 $4,317 2.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $420,000 $210,000 $2,979 2.50%
    ABILENE, TX (FHA|USDA|VA) 2 $420,000 $210,000 $2,369 2.63%
    GREENVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $3,128 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $400,000 $200,000 $2,689 2.75%
    Stillwater, OK (FHA|USDA|VA) 1 $395,000 $395,000 $4,128 2.50%
    CHEYENNE, WY (FHA|USDA|VA) 1 $385,000 $385,000 $3,566 2.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $365,000 $365,000 $3,364 2.50%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $355,000 $355,000 $2,534 2.50%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $330,000 $165,000 $2,815 2.88%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $305,000 $305,000 $2,072 2.25%
    Ardmore, OK (FHA|USDA|VA) 1 $305,000 $305,000 $5,139 2.25%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $275,000 $275,000 $2,577 2.25%
    ALBANY, GA (FHA|USDA|VA) 1 $265,000 $265,000 $1,184 2.75%
    London, KY (FHA|USDA|VA) 1 $265,000 $265,000 $3,867 2.25%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $265,000 $265,000 $3,428 2.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $5,407 2.88%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $255,000 $255,000 $2,294 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,879 3.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $250,000 $125,000 $2,469 3.13%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $4,694 2.88%
    BOISE CITY, ID (FHA|USDA|VA) 1 $245,000 $245,000 $4,224 3.00%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $225,000 $225,000 $3,275 2.88%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $225,000 $225,000 $4,559 3.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $215,000 $215,000 $2,021 2.63%
    Elko, NV (FHA|USDA|VA) 1 $215,000 $215,000 $984 2.50%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,973 3.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $215,000 $215,000 $3,801 2.75%
    FARMINGTON, NM (FHA|USDA|VA) 1 $215,000 $215,000 $2,919 2.50%
    Huntsville, TX (FHA|USDA|VA) 1 $215,000 $215,000 $6,037 3.00%
    Minot, ND (FHA|USDA|VA) 1 $205,000 $205,000 $2,910 2.75%
    Sevierville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $2,642 2.75%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $195,000 $195,000 $5,230 2.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $195,000 $195,000 $2,095 2.75%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $195,000 $195,000 $3,694 2.75%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $195,000 $195,000 $2,056 2.75%
    READING, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,604 3.00%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $195,000 $195,000 $968 2.75%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $2,374 3.00%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,043 2.88%
    DOVER, DE (FHA|USDA|VA) 1 $185,000 $185,000 $4,931 2.88%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,678 2.88%
    Evanston, WY (FHA|USDA|VA) 1 $175,000 $175,000 $4,115 3.00%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,379 3.00%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $175,000 $175,000 $2,059 2.88%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $2,485 3.25%
    SALEM, OR (FHA|USDA|VA) 1 $165,000 $165,000 $4,418 2.88%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,191 3.38%
    Hannibal, MO (FHA|USDA|VA) 1 $165,000 $165,000 $3,130 3.50%
    Bluefield, WV-VA (FHA|USDA|VA) 1 $165,000 $165,000 $2,771 3.25%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $165,000 $165,000 $3,276 2.88%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $155,000 $155,000 $2,548 3.25%
    COLUMBUS, OH (FHA|USDA|VA) 1 $155,000 $155,000 $1,708 3.13%
    Blackfoot, ID (FHA|USDA|VA) 1 $155,000 $155,000 $2,403 3.13%
    Enterprise, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,958 2.88%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $155,000 $155,000 $2,726 3.25%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,082 2.88%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $145,000 $145,000 $1,000 2.88%
    LINCOLN, NE (FHA|USDA|VA) 1 $145,000 $145,000 $2,482 3.38%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $135,000 $135,000 $840 2.75%
    BAY CITY, MI (FHA|USDA|VA) 1 $105,000 $105,000 $1,472 2.88%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $75,000 $75,000 $1,477 3.00%
    WICHITA, KS (FHA|USDA|VA) 1 $55,000 $55,000 $1,657 2.88%
    James B. Nutter & Company's top markets include Kansas City, Dallas, Denver, Chicago, and Seattle among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against JAMES B. NUTTER & COMPANY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 88 $24,700,000 $280,682 $2,545 2.63%
    FHA 81 $18,035,000 $222,654 $3,944 2.92%
    Conventional 21 $4,235,000 $201,667 $3,136 3.22%

    For 2021, James B. Nutter & Company's most frequently originated type of loan was VA, with 88 originations. Their 2nd most popular type was FHA, with 81 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 168 $41,020,000 $244,167 $3,108 2.79%
    Cash Out Refi 12 $3,220,000 $268,333 $4,053 3.15%
    Home Purchase 5 $1,225,000 $245,000 $3,734 3.00%
    Home Improvement 5 $1,505,000 $301,000 $3,952 2.85%

    For 2021, James B. Nutter & Company's most frequently cited loan purpose was Refi, with 168 originations. The 2nd most popular reason was Cash Out Refi, with 12 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 163 $42,035,000 $257,883 $3,222 2.81%
    Other 11 $2,415,000 $219,545 $3,727 2.93%
    15 Year 9 $1,215,000 $135,000 $2,358 2.92%
    20 Year 7 $1,305,000 $186,429 $3,120 2.91%

    For 2021, James B. Nutter & Company's most frequently cited loan duration was 30 Year, with 163 originations. The 2nd most popular length was Other, with 11 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 15 $3,035,000 $202,333
    $2k-3k 8 $2,630,000 $328,750
    $<1k 6 $960,000 $160,000
    $3k-4k 1 $315,000 $315,000

    James B. Nutter & Company's average total fees were $3,222, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 15 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 117 $27,155,000 $232,094
    <2.5% 41 $13,585,000 $331,341
    3-4% 32 $6,230,000 $194,688

    During 2021, James B. Nutter & Company's average interest rate for loans was 2.81%, while their most frequently originated rate bucket for loans was 2.5-3%, with 117 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 102 $27,730,000 $271,863 $3,637 2.75%
    $100k-200k 62 $10,130,000 $163,387 $2,564 2.98%
    $400k-600k 17 $7,855,000 $462,059 $3,542 2.57%
    $100,000 or less 8 $650,000 $81,250 $1,742 3.08%
    $600k-1MM 1 $605,000 $605,000 $5,125 2.63%

    2021 saw James B. Nutter & Company place emphasis on $200k-400k loans with 102 originations, totaling $27,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 128 $31,140,000 $243,281 $3,203 2.78%
    $100k-150k 27 $7,145,000 $264,630 $3,602 2.85%
    $50k-75k 14 $2,780,000 $198,571 $2,805 2.98%
    $150k-250k 10 $3,250,000 $325,000 $2,987 2.84%
    $75k-100k 9 $1,795,000 $199,444 $2,161 3.00%
    $250k+ 2 $860,000 $430,000 $6,704 2.88%

    James B. Nutter & Company lent most frequently to those with incomes in the $50k or less range, with 128 originations. The second most popular income band? $100k-150k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 11 $2,295,000 $208,636 $4,165 3.11%
    <20% 7 $1,525,000 $217,857 $2,989 3.14%
    30-36% 5 $1,085,000 $217,000 $3,536 2.93%
    50-60% 2 $580,000 $290,000 $1,693 2.75%
    38% 2 $910,000 $455,000 $2,208 3.06%
    36% 1 $265,000 $265,000 $2,691 3.25%
    45% 1 $85,000 $85,000 $2,321 3.63%
    48% 1 $315,000 $315,000 $10,251 2.50%
    49% 1 $255,000 $255,000 $1,648 2.75%
    37% 1 $195,000 $195,000 $3,694 2.75%

    James B. Nutter & Company lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? <20%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 155 $38,165,000 $246,226 $3,144 2.83%
    Black 19 $5,295,000 $278,684 $3,990 2.76%
    Not provided 13 $2,775,000 $213,462 $3,133 2.82%
    American Indian 1 $275,000 $275,000 $1,120 2.25%
    Korean 1 $235,000 $235,000 $2,998 3.00%
    Asian 1 $225,000 $225,000 $1,188 3.25%

    Approval Rates

    Total approvals of all applications
    95.40%

    James B. Nutter & Company 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
    -254.74%

    James B. Nutter & Company 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 190 $46,970,000 $247,211

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    190 $46,970,000 $247,211

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $865,000 $173,000 $2,411 3.05%
    40-60% 7 $875,000 $125,000 $2,288 3.09%
    60-80% 24 $5,590,000 $232,917 $4,037 3.02%
    80-100% 152 $38,830,000 $255,461 $3,137 2.78%
    Over 100% 2 $810,000 $405,000 $3,725 2.44%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    JAMES B. NUTTER & COMPANY Conventional home mortgage Incorrect information on your report 1 50.0%
    JAMES B. NUTTER & COMPANY Conventional home mortgage Struggling to pay mortgage 1 50.0%