Panorama Mortgage Group Rates, Fees & Info

CARSON CITY, NV

LEI: 549300FVD3YHE65PKH97

Tax ID: 20-8083209

1 stars - Updated: 3/28/24 - out of 5 stars, based on 38 reviews

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

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Mortgage Data

Review & Overview

Panorama Mortgage Group is a smaller mortgage company specializing in Home Purchase loans. Panorama Mortgage Group has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Portland, Atlanta, Los Angeles, and Las Vegas among others. We have data for 138 markets. (Some data included below & more in-depth data is available with an active subscription.)

Panorama Mortgage Group 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. Panorama Mortgage Group is typically a high 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 relatively high 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 6.73% 3/28/24
30 Year Conventional Refi 7.01% 3/28/24
30 Year Cash-out Refi 7.13% 3/28/24
30 Year FHA Purchase 7.73% 3/28/24
30 Year FHA Refi 7.16% 3/28/24
30 Year VA Purchase 6.56% 3/28/24
30 Year USDA Purchase 7.10% 3/28/24
15 Year Conventional Purchase 7.03% 3/28/24
15 Year Conventional Refi 6.63% 3/28/24
15 Year Cash-out Refi 6.63% 3/28/24
15 Year VA Refi 5.68% 3/28/24
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.

Panorama Mortgage Group Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Panorama Mortgage Group. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,452

Origination Dollar Volume (All Markets)

$456,820,000

Awards

PANORAMA MORTGAGE GROUP FHA Loans bronze
Show all (1) awards

Relative Rate

Panorama Mortgage Group's average 30 year fixed mortgage rate was 6.67%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.19%.

Relative Fees (Closing Costs)

Panorama Mortgage Group's average total fees/closing costs for a 30 year fixed rate mortgage were $12,793.

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 $9,089.

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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 128 $58,250,000 $455,078 $16,334 6.93%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 94 $39,820,000 $423,617 $14,449 6.62%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 145 $39,645,000 $273,414 $10,794 7.81%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 79 $36,565,000 $462,848 $15,822 5.93%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 100 $28,450,000 $284,500 $11,614 6.06%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 51 $14,665,000 $287,549 $11,783 6.79%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 39 $14,585,000 $373,974 $12,452 5.44%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 53 $13,935,000 $262,925 $13,700 6.58%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 35 $12,675,000 $362,143 $13,580 6.67%
Outside of Metro Areas 52 $12,610,000 $242,500 $10,427 7.06%
RICHMOND, VA (FHA|USDA|VA) 33 $9,415,000 $285,303 $15,503 8.67%
SALEM, OR (FHA|USDA|VA) 27 $9,265,000 $343,148 $13,578 7.05%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 37 $9,235,000 $249,595 $9,830 5.20%
KANSAS CITY, MO-KS (FHA|USDA|VA) 40 $8,650,000 $216,250 $8,521 7.65%
VISALIA, CA (FHA|USDA|VA) 45 $8,175,000 $181,667 $7,409 4.86%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 45 $8,065,000 $179,222 $7,826 4.91%
Astoria, OR (FHA|USDA|VA) 18 $6,240,000 $346,667 $16,336 6.60%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $5,665,000 $515,000 $22,576 6.78%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 36 $5,340,000 $148,333 $7,228 7.41%
VALLEJO, CA (FHA|USDA|VA) 12 $5,020,000 $418,333 $19,262 6.98%
SALT LAKE CITY, UT (FHA|USDA|VA) 18 $4,810,000 $267,222 $9,759 7.17%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 17 $4,785,000 $281,471 $13,668 6.08%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 15 $4,615,000 $307,667 $13,090 6.86%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $4,465,000 $637,857 $20,866 7.30%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 9 $4,395,000 $488,333 $21,555 6.87%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 10 $4,300,000 $430,000 $13,937 4.99%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 18 $3,830,000 $212,778 $8,405 7.25%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 14 $3,550,000 $253,571 $11,404 7.83%
BEND, OR (FHA|USDA|VA) 6 $3,390,000 $565,000 $16,853 6.50%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $3,365,000 $373,889 $15,379 7.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 14 $3,190,000 $227,857 $10,444 7.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 11 $2,765,000 $251,364 $8,526 7.02%
BAKERSFIELD, CA (FHA|USDA|VA) 8 $2,760,000 $345,000 $11,031 7.00%
FRESNO, CA (FHA|USDA|VA) 9 $2,515,000 $279,444 $12,309 5.97%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,925,000 $641,667 $20,318 6.79%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,915,000 $383,000 $13,508 6.95%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,890,000 $315,000 $14,806 7.52%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 8 $1,750,000 $218,750 $7,576 6.64%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,685,000 $240,714 $10,824 5.77%
GAINESVILLE, GA (FHA|USDA|VA) 5 $1,545,000 $309,000 $11,539 8.17%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 7 $1,515,000 $216,429 $8,028 5.16%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,465,000 $488,333 $16,399 6.67%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,335,000 $267,000 $11,567 6.77%
PUEBLO, CO (FHA|USDA|VA) 5 $1,195,000 $239,000 $7,476 6.58%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $1,180,000 $295,000 $7,664 6.78%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,175,000 $391,667 $18,128 6.29%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,160,000 $290,000 $10,603 6.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $1,130,000 $282,500 $11,093 7.38%
Pahrump, NV (FHA|USDA|VA) 3 $1,085,000 $361,667 $16,625 6.71%
Newport, OR (FHA|USDA|VA) 3 $1,075,000 $358,333 $9,601 7.25%
RENO, NV (FHA|USDA|VA) 3 $1,055,000 $351,667 $10,904 7.17%
LONGVIEW, WA (FHA|USDA|VA) 3 $1,035,000 $345,000 $11,527 6.33%
CLEVELAND, TN (FHA|USDA|VA) 7 $995,000 $142,143 $7,550 6.13%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $990,000 $247,500 $8,067 4.88%
MERCED, CA (FHA|USDA|VA) 2 $950,000 $475,000 $19,852 7.37%
STOCKTON, CA (FHA|USDA|VA) 2 $950,000 $475,000 $17,843 7.94%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $920,000 $460,000 $19,507 6.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $845,000 $281,667 $8,583 6.70%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $740,000 $370,000 $18,397 8.69%
Prineville, OR (FHA|USDA|VA) 1 $725,000 $725,000 $0 7.50%
PROVO-OREM, UT (FHA|USDA|VA) 2 $720,000 $360,000 $16,281 6.69%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $715,000 $238,333 $11,539 6.92%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $710,000 $355,000 $18,898 9.63%
LONGVIEW, TX (FHA|USDA|VA) 2 $700,000 $350,000 $11,777 6.50%
Cedar City, UT (FHA|USDA|VA) 2 $680,000 $340,000 $9,151 7.56%
Centralia, WA (FHA|USDA|VA) 3 $675,000 $225,000 $10,220 7.75%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $620,000 $310,000 $13,432 6.00%
Jefferson, GA (FHA|USDA|VA) 2 $610,000 $305,000 $12,692 7.31%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $605,000 $605,000 $14,986 6.99%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $13,507 6.81%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $595,000 $595,000 $6,466 7.50%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $590,000 $295,000 $11,661 6.24%
DALTON, GA (FHA|USDA|VA) 3 $555,000 $185,000 $8,773 7.16%
Hermiston-Pendleton, OR (FHA|USDA|VA) 3 $495,000 $165,000 $6,688 7.92%
Roseburg, OR (FHA|USDA|VA) 1 $485,000 $485,000 $22,264 7.62%
DOVER, DE (FHA|USDA|VA) 1 $475,000 $475,000 $26,674 6.63%
Port Angeles, WA (FHA|USDA|VA) 2 $460,000 $230,000 $9,850 8.63%
Outside of Metro Areas 1 $455,000 $455,000 $5,017 6.88%
Marion, IN (FHA|USDA|VA) 1 $455,000 $455,000 $13,734 7.25%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $445,000 $445,000 $8,149 7.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $435,000 $435,000 $6,341 6.62%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $435,000 $435,000 $9,743 7.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $420,000 $210,000 $8,743 6.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $410,000 $205,000 $8,804 5.75%
EL PASO, TX (FHA|USDA|VA) 2 $400,000 $200,000 $6,543 6.31%
BOISE CITY, ID (FHA|USDA|VA) 1 $395,000 $395,000 $11,517 7.38%
ROCKFORD, IL (FHA|USDA|VA) 1 $385,000 $385,000 $26,811 5.13%
Athens, TN (FHA|USDA|VA) 2 $380,000 $190,000 $10,414 6.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $375,000 $375,000 $21,257 7.25%
LOGAN, UT-ID (FHA|USDA|VA) 1 $335,000 $335,000 $6,813 7.38%
READING, PA (FHA|USDA|VA) 1 $335,000 $335,000 $20,126 5.63%
Logansport, IN (FHA|USDA|VA) 1 $335,000 $335,000 $14,533 7.13%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $325,000 $325,000 $22,000 5.63%
Fernley, NV (FHA|USDA|VA) 1 $325,000 $325,000 $19,048 7.13%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $315,000 $315,000 $17,213 7.13%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $305,000 $305,000 $13,015 6.75%
LANCASTER, PA (FHA|USDA|VA) 1 $295,000 $295,000 $15,014 7.88%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $280,000 $140,000 $7,647 3.63%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $275,000 $275,000 $16,014 5.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $275,000 $275,000 $21,757 7.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $275,000 $275,000 $9,490 6.88%
Frankfort, IN (FHA|USDA|VA) 2 $270,000 $135,000 $5,961 7.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $8,774 6.63%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $255,000 $255,000 $16,845 7.49%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,317 7.00%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $235,000 $235,000 $6,334 7.88%
PANAMA CITY, FL (FHA|USDA|VA) 1 $235,000 $235,000 $12,540 11.38%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $235,000 $235,000 $13,626 7.49%
Eureka-Arcata, CA (FHA|USDA|VA) 2 $230,000 $115,000 $6,715 3.63%
LAREDO, TX (FHA|USDA|VA) 2 $230,000 $115,000 $6,469 3.25%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $225,000 $225,000 $7,074 6.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $225,000 $225,000 $14,117 7.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $8,341 6.50%
LUBBOCK, TX (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.13%
TUCSON, AZ (FHA|USDA|VA) 1 $215,000 $215,000 $6,810 6.63%
Crawfordsville, IN (FHA|USDA|VA) 1 $185,000 $185,000 $8,453 7.25%
TYLER, TX (FHA|USDA|VA) 1 $185,000 $185,000 $7,138 5.99%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $185,000 $185,000 $5,920 7.13%
Ruston, LA (FHA|USDA|VA) 1 $175,000 $175,000 $12,811 4.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $175,000 $175,000 $9,706 12.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $165,000 $165,000 $6,108 6.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $9,740 9.63%
Calhoun, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,137 6.50%
Natchitoches, LA (FHA|USDA|VA) 1 $155,000 $155,000 $5,461 6.88%
Lumberton, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,053 7.38%
Fort Payne, AL (FHA|USDA|VA) 1 $155,000 $155,000 $4,532 5.88%
WACO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $8,484 7.25%
KOKOMO, IN (FHA|USDA|VA) 1 $145,000 $145,000 $4,987 7.25%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $145,000 $145,000 $6,332 6.63%
MORRISTOWN, TN (FHA|USDA|VA) 1 $145,000 $145,000 $11,176 7.13%
GOLDSBORO, NC (FHA|USDA|VA) 1 $135,000 $135,000 $8,480 7.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $125,000 $125,000 $8,315 6.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $125,000 $125,000 $6,904 6.75%
ROME, GA (FHA|USDA|VA) 1 $125,000 $125,000 $4,981 6.25%
Danville, VA (FHA|USDA|VA) 1 $115,000 $115,000 $3,742 6.38%
Peru, IN (FHA|USDA|VA) 1 $115,000 $115,000 $5,052 6.63%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $95,000 $95,000 $6,624 10.38%
Pottsville, PA (FHA|USDA|VA) 1 $55,000 $55,000 $3,026 6.99%
Panorama Mortgage Group's top markets include New York, Portland, Atlanta, Los Angeles, and Las Vegas among others.

Their top states include:
  • California (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 857 $251,125,000 $293,028 $9,243 6.68%
    FHA 526 $180,480,000 $343,118 $16,706 6.72%
    VA 61 $23,595,000 $386,803 $15,520 6.52%
    USDA 8 $1,620,000 $202,500 $8,581 6.16%

    For 2023, Panorama Mortgage Group's most frequently originated type of loan was Conventional, with 857 originations. Their 2nd most popular type was FHA, with 526 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,376 $432,290,000 $314,164 $12,238 6.66%
    Cash Out Refi 32 $9,440,000 $295,000 $14,634 7.39%
    Refi 25 $9,285,000 $371,400 $13,648 6.61%
    Home Improvement 19 $5,805,000 $305,526 $12,780 7.31%

    For 2023, Panorama Mortgage Group's most frequently cited loan purpose was Home Purchase, with 1,376 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,391 $454,095,000 $326,452 $12,793 6.67%
    10 Year 42 $500,000 $11,905 $31 8.10%
    15 Year 7 $1,015,000 $145,000 $5,899 5.41%
    Other 5 $155,000 $31,000 $0 2.13%
    20 Year 3 $525,000 $175,000 $10,945 8.08%
    30+ year 2 $520,000 $260,000 $5,271 8.88%
    3 Year 1 $5,000 $5,000 $0 0.00%
    5 Year 1 $5,000 $5,000 $0 0.00%

    For 2023, Panorama Mortgage Group's most frequently cited loan duration was 30 Year, with 1,391 originations. The 2nd most popular length was 10 Year, with 42 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 825 $317,675,000 $385,061
    $<1k 157 $6,225,000 $39,650
    $1k-2k 118 $40,720,000 $345,085
    $3k-4k 108 $27,530,000 $254,907
    $2k-3k 100 $26,170,000 $261,700
    $4k-5k 96 $23,940,000 $249,375

    Panorama Mortgage Group's average total fees were $12,793, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 825 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 577 $200,005,000 $346,629
    7-8% 489 $167,675,000 $342,894
    5-6% 143 $53,335,000 $372,972
    Over 8% 136 $29,970,000 $220,368
    <2.5% 94 $1,660,000 $17,660
    4-5% 10 $3,360,000 $336,000
    3-4% 2 $520,000 $260,000

    During 2023, Panorama Mortgage Group's average interest rate for loans was 6.67%, while their most frequently originated rate bucket for loans was 6-7%, with 577 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 729 $216,905,000 $297,538 $12,472 7.16%
    $400k-600k 274 $130,120,000 $474,891 $17,933 6.81%
    $100k-200k 196 $31,560,000 $161,020 $7,481 7.05%
    $100,000 or less 148 $2,850,000 $19,257 $334 3.48%
    $600k-1MM 100 $70,050,000 $700,500 $21,951 6.86%
    $1MM+ 5 $5,335,000 $1,067,000 $34,671 8.03%

    2023 saw Panorama Mortgage Group place emphasis on $200k-400k loans with 729 originations, totaling $216,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 407 $143,455,000 $352,469 $13,818 6.94%
    $75k-100k 353 $97,265,000 $275,538 $11,526 6.77%
    $50k-75k 332 $72,350,000 $217,922 $9,589 6.14%
    $150k-250k 196 $93,280,000 $475,918 $16,380 6.84%
    $50k or less 99 $14,895,000 $150,455 $7,329 6.33%
    $250k+ 64 $35,270,000 $551,094 $17,488 7.56%

    Panorama Mortgage Group lent most frequently to those with incomes in the $100k-150k range, with 407 originations. The second most popular income band? $75k-100k, with 353 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 240 $90,060,000 $375,250 $17,064 6.58%
    30-36% 142 $43,360,000 $305,352 $11,109 7.06%
    49% 132 $50,030,000 $379,015 $13,886 6.75%
    <20% 111 $11,915,000 $107,342 $2,709 3.83%
    48% 94 $30,760,000 $327,234 $12,701 7.21%
    20-30% 89 $24,315,000 $273,202 $10,480 7.27%
    44% 82 $29,060,000 $354,390 $12,813 6.91%
    47% 72 $23,230,000 $322,639 $13,050 6.65%
    43% 71 $22,625,000 $318,662 $12,657 7.13%
    45% 66 $23,810,000 $360,758 $13,831 6.97%
    46% 59 $19,275,000 $326,695 $13,016 7.07%
    41% 48 $15,120,000 $315,000 $12,214 7.18%
    37% 48 $14,000,000 $291,667 $11,145 7.17%
    42% 47 $12,365,000 $263,085 $9,902 6.61%
    40% 38 $12,160,000 $320,000 $10,331 6.98%
    38% 37 $12,415,000 $335,541 $13,109 7.36%
    39% 34 $10,140,000 $298,235 $10,650 7.23%
    36% 31 $8,385,000 $270,484 $10,068 6.65%
    >60% 10 $3,500,000 $350,000 $14,566 6.44%

    Panorama Mortgage Group lent most frequently to those with DTI ratios of 50-60%, with 240 originations. The next most common DTI ratio? 30-36%, with 142 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 990 $312,100,000 $315,253 $12,200 6.79%
    Not provided 192 $64,430,000 $335,573 $12,899 6.56%
    Black 197 $51,845,000 $263,173 $11,520 6.39%
    Asian 56 $21,750,000 $388,393 $14,342 6.35%
    Asian Indian 6 $2,860,000 $476,667 $17,979 6.33%
    American Indian 6 $1,650,000 $275,000 $12,906 7.29%
    Native Hawaiian or Islander 4 $1,520,000 $380,000 $10,412 7.25%
    Filipino 1 $665,000 $665,000 $22,901 6.62%

    Approval Rates

    Total approvals of all applications
    95.60%

    Panorama Mortgage Group 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
    44.90%

    Panorama Mortgage Group 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 1,452 $456,820,000 $314,614

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,452 $456,820,000 $314,614

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 21 $3,615,000 $172,143 $5,007 5.97%
    40-60% 57 $15,335,000 $269,035 $9,636 6.93%
    60-80% 262 $89,070,000 $339,962 $12,543 7.79%
    80-100% 950 $337,540,000 $355,305 $14,147 6.88%
    Over 100% 22 $8,340,000 $379,091 $19,881 6.68%
    Under 20% 138 $2,120,000 $15,362 $55 3.29%