Cityworth Mortgage Rates, Fees & Info

FAIRFAX, VA

LEI: 549300FCPKXI75DX5M03

Tax ID: 45-5349650

1 stars - out of 5 stars, based on 30 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Cityworth Mortgage is a smaller mortgage company specializing in Refi and Home Purchase loans. Cityworth Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Washington, Atlanta, Baltimore, Charlotte, and Frederick among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Cityworth Mortgage is typically a high fee lendor.


Originations

907

Origination Dollar Volume (All Markets)

$231,645,000
Show all (9) awards

Relative Rate

Cityworth Mortgage 's average 30 year fixed rate mortgage of loans were 3.09%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.27%.

Relative Fees

Cityworth Mortgage 's average total fees for a 30 year fixed rate mortgage are $12,548.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 127 $47,925,000 $377,362 $5,226 2.73%
Outside of Metro Areas 92 $17,370,000 $188,804 $4,731 3.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 60 $16,850,000 $280,833 $3,623 2.93%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 20 $6,280,000 $314,000 $4,288 2.47%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 26 $6,050,000 $232,692 $5,523 2.98%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 16 $5,890,000 $368,125 $3,042 2.38%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 20 $4,420,000 $221,000 $7,043 3.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $4,355,000 $229,211 $5,831 2.83%
RICHMOND, VA (FHA|USDA|VA) 14 $3,940,000 $281,429 $3,509 2.41%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 11 $3,875,000 $352,273 $5,488 2.78%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $3,675,000 $245,000 $5,914 3.00%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 13 $3,525,000 $271,154 $6,242 2.80%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $3,495,000 $268,846 $7,684 3.11%
RALEIGH-CARY, NC (FHA|USDA|VA) 13 $3,395,000 $261,154 $3,919 2.96%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 10 $3,110,000 $311,000 $3,867 2.53%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 10 $3,040,000 $304,000 $6,008 2.85%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 14 $2,930,000 $209,286 $3,833 2.87%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 11 $2,895,000 $263,182 $5,257 2.89%
WINCHESTER, VA-WV (FHA|USDA|VA) 9 $2,805,000 $311,667 $5,344 3.25%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 10 $2,700,000 $270,000 $8,160 2.90%
FAYETTEVILLE, NC (FHA|USDA|VA) 13 $2,475,000 $190,385 $2,919 3.15%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 12 $2,450,000 $204,167 $6,969 3.45%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 9 $2,445,000 $271,667 $8,325 2.64%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 12 $2,330,000 $194,167 $5,895 3.10%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 9 $2,285,000 $253,889 $6,152 2.65%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 10 $2,240,000 $224,000 $3,883 2.46%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $2,210,000 $221,000 $7,043 3.35%
SAVANNAH, GA (FHA|USDA|VA) 7 $2,085,000 $297,857 $6,896 2.79%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 8 $1,870,000 $233,750 $6,139 3.05%
COLUMBUS, OH (FHA|USDA|VA) 11 $1,825,000 $165,909 $5,288 3.69%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,775,000 $253,571 $6,953 2.98%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 6 $1,700,000 $283,333 $13,485 3.25%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,695,000 $242,143 $7,092 3.29%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 9 $1,515,000 $168,333 $7,017 2.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,465,000 $293,000 $9,568 3.48%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 9 $1,415,000 $157,222 $4,520 2.88%
COLUMBIA, SC (FHA|USDA|VA) 8 $1,410,000 $176,250 $6,686 3.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,310,000 $218,333 $2,931 2.42%
PITTSBURGH, PA (FHA|USDA|VA) 5 $1,305,000 $261,000 $5,523 2.43%
SPARTANBURG, SC (FHA|USDA|VA) 4 $1,300,000 $325,000 $2,500 2.78%
LUBBOCK, TX (FHA|USDA|VA) 6 $1,290,000 $215,000 $7,360 4.44%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,230,000 $205,000 $7,149 3.98%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,195,000 $239,000 $1,016,103 2.90%
LEBANON, PA (FHA|USDA|VA) 5 $1,175,000 $235,000 $5,255 2.58%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,120,000 $280,000 $8,685 2.66%
PHILADELPHIA, PA (FHA|USDA|VA) 4 $1,110,000 $277,500 $6,231 2.81%
PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $1,105,000 $221,000 $6,230 2.70%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,090,000 $181,667 $5,195 2.44%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $1,080,000 $270,000 $4,259 2.19%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,075,000 $215,000 $3,855 3.08%
GREENVILLE, NC (FHA|USDA|VA) 5 $1,035,000 $207,000 $2,496 2.93%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $975,000 $325,000 $3,468 3.08%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 3 $965,000 $321,667 $7,543 3.04%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 3 $925,000 $308,333 $12,933 3.33%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $905,000 $301,667 $9,464 3.29%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $895,000 $298,333 $4,385 2.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $875,000 $291,667 $3,722 3.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $855,000 $171,000 $4,438 2.75%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $830,000 $207,500 $2,588 3.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $790,000 $197,500 $6,349 2.59%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $765,000 $153,000 $4,200 2.90%
MOBILE, AL (FHA|USDA|VA) 5 $725,000 $145,000 $5,135 3.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $715,000 $238,333 $9,793 3.96%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $710,000 $355,000 $3,576 3.00%
VALDOSTA, GA (FHA|USDA|VA) 3 $705,000 $235,000 $2,405 3.71%
OCALA, FL (FHA|USDA|VA) 5 $705,000 $141,000 $5,275 2.73%
WILMINGTON, NC (FHA|USDA|VA) 3 $685,000 $228,333 $1,823 3.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $675,000 $225,000 $6,906 3.42%
FLORENCE, SC (FHA|USDA|VA) 3 $625,000 $208,333 $2,960 3.13%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $620,000 $155,000 $3,825 3.00%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $570,000 $285,000 $10,562 2.63%
ROANOKE, VA (FHA|USDA|VA) 3 $555,000 $185,000 $2,580 3.04%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $555,000 $185,000 $5,806 2.92%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $540,000 $270,000 $3,326 2.44%
LANCASTER, PA (FHA|USDA|VA) 2 $510,000 $255,000 $4,698 2.44%
MONTGOMERY, AL (FHA|USDA|VA) 2 $500,000 $250,000 $11,210 3.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $480,000 $240,000 $5,088 2.63%
GADSDEN, AL (FHA|USDA|VA) 2 $470,000 $235,000 $6,834 2.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $450,000 $225,000 $7,506 2.88%
ALBANY, GA (FHA|USDA|VA) 2 $450,000 $225,000 $1,837 2.50%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $430,000 $215,000 $5,729 2.88%
BURLINGTON, NC (FHA|USDA|VA) 2 $430,000 $215,000 $1,808 3.50%
GAINESVILLE, FL (FHA|USDA|VA) 2 $430,000 $215,000 $2,471 3.44%
MIDLAND, TX (FHA|USDA|VA) 2 $420,000 $210,000 $9,235 2.81%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $415,000 $138,333 $3,603 3.13%
LONGVIEW, TX (FHA|USDA|VA) 2 $400,000 $200,000 $7,291 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 2 $390,000 $195,000 $5,377 3.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $390,000 $195,000 $8,556 2.69%
ERIE, PA (FHA|USDA|VA) 2 $390,000 $195,000 $1,972 2.25%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $390,000 $195,000 $7,838 3.06%
CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $385,000 $128,333 $6,347 2.92%
AKRON, OH (FHA|USDA|VA) 2 $380,000 $190,000 $12,498 4.06%
BRUNSWICK, GA (FHA|USDA|VA) 2 $380,000 $190,000 $8,750 3.25%
CLEVELAND, TN (FHA|USDA|VA) 2 $340,000 $170,000 $5,551 4.19%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $335,000 $335,000 $4,552 2.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $305,000 $305,000 $450 4.25%
HARRISONBURG, VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,524 2.25%
GARY, IN (FHA|USDA|VA) 1 $305,000 $305,000 $13,440 2.75%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $295,000 $295,000 $4,696 2.25%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $290,000 $145,000 $7,133 3.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $285,000 $285,000 $9,171 2.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $285,000 $285,000 $2,806 2.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $285,000 $285,000 $8,458 2.50%
LYNCHBURG, VA (FHA|USDA|VA) 1 $275,000 $275,000 $7,485 3.00%
GOLDSBORO, NC (FHA|USDA|VA) 1 $265,000 $265,000 $1,866 2.25%
DOTHAN, AL (FHA|USDA|VA) 1 $245,000 $245,000 $550 2.25%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $235,000 $235,000 $525 4.13%
ROCHESTER, MN (FHA|USDA|VA) 1 $235,000 $235,000 $12,733 3.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $230,000 $115,000 $5,905 3.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $220,000 $110,000 $7,947 3.38%
ODESSA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,934 2.13%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $195,000 $195,000 $450 4.63%
SUMTER, SC (FHA|USDA|VA) 1 $195,000 $195,000 $475 2.88%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $185,000 $185,000 $10,654 4.75%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $4,905 3.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $185,000 $185,000 $2,180 2.25%
VICTORIA, TX (FHA|USDA|VA) 1 $175,000 $175,000 $500 3.63%
FORT WAYNE, IN (FHA|USDA|VA) 1 $175,000 $175,000 $8,664 3.63%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $175,000 $175,000 $2,758 2.25%
KNOXVILLE, TN (FHA|USDA|VA) 1 $165,000 $165,000 $2,061 2.25%
DECATUR, AL (FHA|USDA|VA) 1 $165,000 $165,000 $1,038 2.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $145,000 $145,000 $1,220 2.63%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,169 2.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $145,000 $145,000 $9,826 4.63%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $145,000 $145,000 $8,381 4.63%
MORRISTOWN, TN (FHA|USDA|VA) 1 $125,000 $125,000 $1,588 2.25%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $125,000 $125,000 $5,769 3.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $115,000 $115,000 $1,708 2.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $105,000 $105,000 $5,000 2.38%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $105,000 $105,000 $6,149 3.63%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $95,000 $95,000 $5,132 2.63%
NEW BERN, NC (FHA|USDA|VA) 1 $95,000 $95,000 $5,198 2.25%
WACO, TX (FHA|USDA|VA) 1 $85,000 $85,000 $5,409 4.13%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $85,000 $85,000 $5,200 2.75%

Cityworth Mortgage 's top markets include Washington, Atlanta, Baltimore, Charlotte, and Frederick among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 372 $108,400,000 $291,398 $4,528 2.55%
VA 355 $88,115,000 $248,211 $3,853 3.04%
FHA 180 $35,130,000 $195,167 $38,118 3.54%

For the 2020 period, Cityworth Mortgage 's most frequently originated loan type of loans were Conventional, with 372 originations. Their 2nd most popular type is VA, with 355 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 437 $119,595,000 $273,673 $15,334 2.49%
Home Purchase 371 $86,925,000 $234,299 $7,128 3.57%
Cash Out Refi 98 $24,860,000 $253,673 $5,541 2.54%
Home Improvement 1 $265,000 $265,000 $7,085 3.25%

For the 2020, Cityworth Mortgage 's most frequently cited loan purpose of loans were Refi, with 437 originations. The 2nd most popular reason of loans were Home Purchase, with 371 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 745 $192,325,000 $258,154 $12,548 3.09%
15 Year 133 $32,225,000 $242,293 $3,481 2.23%
20 Year 19 $4,665,000 $245,526 $3,766 2.53%
Other 8 $2,010,000 $251,250 $4,079 2.42%
10 Year 2 $420,000 $210,000 $3,490 2.13%

For the 2020, Cityworth Mortgage 's most frequently cited loan length of loans were 30 Year, with 745 originations. The 2nd most popular length of loans were 15 Year, with 133 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 404 $107,650,000 $266,460
$3k-4k 146 $32,190,000 $220,479
$1k-2k 134 $31,580,000 $235,672
$5k+ 124 $38,280,000 $308,710
$2k-3k 99 $21,945,000 $221,667

$12,548 of loans were Cityworth Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 404 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
<2.5% 383 $98,915,000 $258,264
2.5-3% 254 $73,810,000 $290,591
3-4% 156 $36,200,000 $232,051
4-5% 89 $18,095,000 $203,315
5-6% 25 $4,625,000 $185,000

During 2020, Cityworth Mortgage 's average interest rate of loans were 3.09%, while their most frequently originated rate bucket of loans were <2.5%, with 383 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 463 $130,125,000 $281,048 $16,682 2.90%
$100k-200k 301 $46,945,000 $155,963 $4,784 3.04%
$400k-600k 96 $45,340,000 $472,292 $5,400 2.64%
$100,000 or less 38 $3,270,000 $86,053 $4,381 3.46%
$600k-1MM 9 $5,965,000 $662,778 $7,807 2.85%

2020 saw Cityworth Mortgage place emphasis on $200k-400k loans with 463 originations, totaling $130,125,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 182 $37,640,000 $206,813 $5,645 3.27%
$100k-150k 169 $51,215,000 $303,047 $5,779 2.86%
$75k-100k 141 $37,795,000 $268,050 $6,614 3.09%
$50k or less 131 $20,465,000 $156,221 $5,415 3.21%
$150k-250k 91 $31,825,000 $349,725 $4,807 2.68%
$250k+ 22 $9,030,000 $410,455 $6,766 2.81%

Cityworth Mortgage lent most frequently to those with incomes in the $50k-75k range, with 182 originations. The second most popular income band? $100k-150k, with 169 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 148 $41,240,000 $278,649 $5,653 2.81%
30-36% 146 $36,810,000 $252,123 $5,528 3.18%
<20% 61 $15,365,000 $251,885 $3,811 2.53%
42% 46 $10,540,000 $229,130 $6,088 3.58%
41% 37 $9,025,000 $243,919 $6,845 3.42%
50-60% 33 $7,835,000 $237,424 $9,586 2.90%
38% 31 $9,465,000 $305,323 $4,430 2.91%
36% 31 $6,855,000 $221,129 $3,333 3.30%
37% 26 $6,710,000 $258,077 $5,983 3.11%
40% 25 $5,625,000 $225,000 $5,911 3.42%
39% 24 $5,750,000 $239,583 $6,612 3.32%
43% 23 $5,975,000 $259,783 $4,790 3.03%
48% 23 $5,115,000 $222,391 $6,692 2.88%
49% 22 $7,100,000 $322,727 $6,055 2.86%
44% 19 $4,605,000 $242,368 $4,782 3.11%
45% 16 $4,020,000 $251,250 $6,728 3.11%
47% 13 $3,605,000 $277,308 $9,305 2.80%
46% 12 $2,330,000 $194,167 $7,312 3.00%

Cityworth Mortgage lent most frequently to those with DTI ratios of 20-30%, with 148 originations. The next most common DTI ratio? 30-36%, with 146 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 538 $135,560,000 $251,970 $14,869 2.95%
Black 189 $47,115,000 $249,286 $5,994 3.29%
Asian 94 $27,900,000 $296,809 $4,267 2.52%
Not provided 71 $17,205,000 $242,324 $4,531 2.59%
American Indian 6 $1,510,000 $251,667 $2,621 2.42%
Native Hawaiian 6 $1,370,000 $228,333 $4,927 2.60%
Asian Indian 3 $985,000 $328,333 $2,482 2.25%

Approval Rates

Total approvals of all applications
96.26%

Cityworth 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
4.85%

Cityworth Mortgage 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 907 $231,645,000 $255,397

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 27 $3,705,000 $137,222
Single Family (1-4 Units):Site-Built 880 $227,940,000 $259,023

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 22 $4,090,000 $185,909 $2,849 2.41%
40-60% 74 $17,790,000 $240,405 $3,828 2.40%
60-80% 216 $64,180,000 $297,130 $4,867 2.54%
80-100% 393 $93,045,000 $236,756 $6,455 3.45%
Over 100% 31 $9,185,000 $296,290 $9,901 3.30%
Under 20% 3 $425,000 $141,667 $3,436 2.50%