Equity Resources Mortgage Rates, Fees & Info
NEWARK, OHLEI: 549300G2LV8W3C1G3762
Tax ID: 31-1401378
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Mortgage Data
Review & Overview
Equity Resources is a small mortgage company specializing in Home Purchase and Refi loans. Equity Resources has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Pittsburgh, Columbus, Raleigh, Washington, and Baltimore among others. We have data for 144 markets. (Some data included below & more in-depth data is available with an active subscription.)Equity Resources 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. Equity Resources is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/21/24 |
| 30 Year Conventional Purchase | 6.74% | 4/21/24 |
| 30 Year Conventional Refi | 6.56% | 4/21/24 |
| 30 Year Cash-out Refi | 6.79% | 4/21/24 |
| 30 Year FHA Purchase | 7.45% | 4/21/24 |
| 30 Year FHA Refi | 6.90% | 4/21/24 |
| 30 Year VA Purchase | 6.26% | 4/21/24 |
| 30 Year VA Refi | 5.91% | 4/21/24 |
| 30 Year USDA Purchase | 6.86% | 4/21/24 |
| 30 Year USDA Refi | 6.72% | 4/21/24 |
| 15 Year Conventional Purchase | 6.24% | 4/21/24 |
| 15 Year Conventional Refi | 6.04% | 4/21/24 |
| 15 Year Cash-out Refi | 6.04% | 4/21/24 |
| 15 Year FHA Purchase | 7.48% | 4/21/24 |
| 15 Year VA Refi | 5.68% | 4/21/24 |
| 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. | ||
Equity Resources Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
6,779Origination Dollar Volume (All Markets)
$1,399,865,000Awards
EQUITY RESOURCES - 2019
EQUITY RESOURCES is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 1,181 | $213,935,000 | $181,147 | $4,717 | 4.02% |
| COLUMBUS, OH (FHA|USDA|VA) | 982 | $207,970,000 | $211,782 | $3,462 | 3.99% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 749 | $188,655,000 | $251,876 | $4,017 | 4.03% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 271 | $86,485,000 | $319,133 | $5,699 | 4.09% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 262 | $68,530,000 | $261,565 | $5,222 | 4.09% |
| TOLEDO, OH (FHA|USDA|VA) | 464 | $68,220,000 | $147,026 | $3,737 | 4.24% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 294 | $49,900,000 | $169,728 | $3,958 | 4.28% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 217 | $39,025,000 | $179,839 | $3,897 | 4.11% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 79 | $30,135,000 | $381,456 | $5,519 | 4.03% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 109 | $28,825,000 | $264,450 | $4,088 | 4.05% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 124 | $24,660,000 | $198,871 | $4,492 | 4.17% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 82 | $23,320,000 | $284,390 | $5,730 | 4.02% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 100 | $21,340,000 | $213,400 | $4,288 | 4.14% |
| WILMINGTON, NC (FHA|USDA|VA) | 88 | $20,740,000 | $235,682 | $4,292 | 4.14% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 97 | $19,815,000 | $204,278 | $4,275 | 4.22% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 73 | $16,485,000 | $225,822 | $4,611 | 4.24% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 109 | $14,015,000 | $128,578 | $3,340 | 4.37% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 79 | $13,675,000 | $173,101 | $3,881 | 4.14% |
| Outside of Metro Areas | 84 | $13,280,000 | $158,095 | $4,454 | 4.11% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 45 | $13,135,000 | $291,889 | $7,201 | 4.09% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 73 | $12,985,000 | $177,877 | $4,695 | 4.07% |
| MONROE, MI (FHA|USDA|VA) | 72 | $12,720,000 | $176,667 | $3,476 | 4.17% |
| ALTOONA, PA (FHA|USDA|VA) | 89 | $12,415,000 | $139,494 | $4,628 | 3.88% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 37 | $10,525,000 | $284,459 | $5,290 | 4.02% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 41 | $9,475,000 | $231,098 | $5,224 | 4.13% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 63 | $8,995,000 | $142,778 | $4,839 | 4.21% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 38 | $7,770,000 | $204,474 | $4,820 | 4.08% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 32 | $7,740,000 | $241,875 | $4,497 | 3.60% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 28 | $7,470,000 | $266,786 | $5,601 | 3.91% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 39 | $7,125,000 | $182,692 | $3,797 | 4.23% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 29 | $6,875,000 | $237,069 | $5,081 | 3.95% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 20 | $6,850,000 | $342,500 | $3,941 | 3.83% |
| Morehead City, NC (FHA|USDA|VA) | 24 | $6,740,000 | $280,833 | $3,764 | 4.05% |
| ERIE, PA (FHA|USDA|VA) | 50 | $6,640,000 | $132,800 | $4,717 | 4.01% |
| Mount Vernon, OH (FHA|USDA|VA) | 35 | $5,735,000 | $163,857 | $3,890 | 4.17% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 14 | $5,510,000 | $393,571 | $3,019 | 3.84% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 21 | $5,325,000 | $253,571 | $4,779 | 3.86% |
| New Castle, PA (FHA|USDA|VA) | 43 | $5,165,000 | $120,116 | $4,526 | 4.27% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 20 | $4,580,000 | $229,000 | $3,910 | 4.04% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 21 | $3,805,000 | $181,190 | $4,344 | 4.27% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 15 | $3,085,000 | $205,667 | $4,433 | 4.23% |
| BURLINGTON, NC (FHA|USDA|VA) | 14 | $2,470,000 | $176,429 | $3,290 | 4.24% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 13 | $2,465,000 | $189,615 | $4,291 | 3.72% |
| Sanford, NC (FHA|USDA|VA) | 14 | $2,410,000 | $172,143 | $5,042 | 4.22% |
| MANSFIELD, OH (FHA|USDA|VA) | 20 | $2,290,000 | $114,500 | $4,252 | 4.26% |
| Marion, OH (FHA|USDA|VA) | 16 | $2,140,000 | $133,750 | $3,363 | 4.29% |
| Zanesville, OH (FHA|USDA|VA) | 16 | $2,070,000 | $129,375 | $3,915 | 4.02% |
| Torrington, CT (FHA|USDA|VA) | 12 | $2,000,000 | $166,667 | $5,406 | 4.21% |
| Adrian, MI (FHA|USDA|VA) | 12 | $1,950,000 | $162,500 | $4,056 | 4.49% |
| Wilmington, OH (FHA|USDA|VA) | 13 | $1,855,000 | $142,692 | $4,375 | 4.08% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 8 | $1,810,000 | $226,250 | $3,475 | 4.19% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 11 | $1,805,000 | $164,091 | $5,757 | 4.44% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 6 | $1,750,000 | $291,667 | $4,450 | 4.04% |
| Boone, NC (FHA|USDA|VA) | 10 | $1,690,000 | $169,000 | $3,884 | 3.74% |
| ASHEVILLE, NC (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $3,763 | 4.17% |
| LANCASTER, PA (FHA|USDA|VA) | 7 | $1,575,000 | $225,000 | $5,340 | 3.96% |
| Portsmouth, OH (FHA|USDA|VA) | 9 | $1,575,000 | $175,000 | $4,231 | 3.99% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $1,545,000 | $309,000 | $4,213 | 3.85% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 7 | $1,515,000 | $216,429 | $3,343 | 3.75% |
| NEW BERN, NC (FHA|USDA|VA) | 9 | $1,505,000 | $167,222 | $4,068 | 4.18% |
| GOLDSBORO, NC (FHA|USDA|VA) | 8 | $1,420,000 | $177,500 | $4,687 | 4.03% |
| Findlay, OH (FHA|USDA|VA) | 6 | $1,400,000 | $233,333 | $3,891 | 4.04% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $1,400,000 | $175,000 | $3,223 | 4.08% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 8 | $1,380,000 | $172,500 | $3,749 | 4.03% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 14 | $1,340,000 | $95,714 | $4,211 | 4.16% |
| GREENVILLE, NC (FHA|USDA|VA) | 7 | $1,325,000 | $189,286 | $5,079 | 4.09% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $1,290,000 | $215,000 | $3,281 | 4.40% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 6 | $1,210,000 | $201,667 | $3,647 | 3.81% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $1,155,000 | $231,000 | $5,152 | 4.03% |
| Cambridge, MD (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $4,170 | 4.00% |
| OCALA, FL (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $3,638 | 4.02% |
| Kinston, NC (FHA|USDA|VA) | 6 | $1,070,000 | $178,333 | $3,577 | 4.52% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $4,139 | 3.75% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 6 | $1,060,000 | $176,667 | $3,435 | 4.08% |
| Bellefontaine, OH (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $3,485 | 4.83% |
| GETTYSBURG, PA (FHA|USDA|VA) | 5 | $945,000 | $189,000 | $5,039 | 4.03% |
| Huntingdon, PA (FHA|USDA|VA) | 6 | $920,000 | $153,333 | $5,299 | 4.04% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $4,890 | 4.69% |
| Meadville, PA (FHA|USDA|VA) | 9 | $895,000 | $99,444 | $3,906 | 4.36% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $6,249 | 3.54% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $4,714 | 3.94% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $7,761 | 4.33% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 9 | $765,000 | $85,000 | $3,711 | 4.19% |
| Chillicothe, OH (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $4,161 | 4.00% |
| Salem, OH (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $3,059 | 4.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $3,097 | 4.19% |
| WHEELING, WV-OH (FHA|USDA|VA) | 8 | $670,000 | $83,750 | $3,035 | 3.86% |
| JACKSON, MI (FHA|USDA|VA) | 5 | $655,000 | $131,000 | $4,805 | 3.93% |
| Wilson, NC (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $4,742 | 4.58% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $6,524 | 4.31% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $3,433 | 3.94% |
| Ashland, OH (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $3,603 | 3.63% |
| AKRON, OH (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $5,085 | 3.71% |
| Urbana, OH (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $6,226 | 3.46% |
| Tiffin, OH (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $2,783 | 4.29% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $3,264 | 3.75% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,308 | 3.81% |
| Somerset, PA (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $3,318 | 4.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $2,891 | 4.00% |
| Sandusky, OH (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $2,341 | 3.69% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,554 | 4.75% |
| Fremont, OH (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $3,758 | 4.25% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,308 | 3.75% |
| Okeechobee, FL (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,785 | 4.38% |
| Rockingham, NC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $9,302 | 3.75% |
| DuBois, PA (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $3,868 | 3.81% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,561 | 3.94% |
| Washington Court House, OH (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $2,442 | 4.00% |
| Easton, MD (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,812 | 3.75% |
| North Wilkesboro, NC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $3,025 | 4.25% |
| Norwalk, OH (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,743 | 4.04% |
| Defiance, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,095 | 4.06% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,782 | 3.88% |
| Washington, NC (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,158 | 4.69% |
| Jackson, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,135 | 4.75% |
| Hillsdale, MI (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $2,880 | 3.75% |
| Shelby, NC (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,795 | 5.38% |
| Lewistown, PA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $4,488 | 3.81% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,639 | 3.75% |
| LIMA, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,174 | 4.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,515 | 3.50% |
| Coshocton, OH (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,170 | 3.63% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,336 | 3.75% |
| Laconia, NH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,744 | 4.50% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,007 | 3.88% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,715 | 4.63% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,435 | 3.88% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,719 | 5.00% |
| Seneca, SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,177 | 3.75% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,683 | 4.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,115 | 4.00% |
| Sidney, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,560 | 3.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,643 | 4.38% |
| Oil City, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,400 | 4.50% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,492 | 4.88% |
| Greenville, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,310 | 5.25% |
| Athens, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,397 | 4.50% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,105 | 4.88% |
| Coldwater, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,423 | 3.88% |
| Somerset, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,548 | 3.63% |
| Danville, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,142 | 5.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,706 | 4.00% |
| Indiana, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,097 | 4.50% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $3,037 | 5.00% |
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Product Mix
For 2019, Equity Resources's most frequently originated type of loan was Conventional, with 4,466 originations. Their 2nd most popular type was FHA, with 1,471 originations.
Loan Reason
For 2019, Equity Resources's most frequently cited loan purpose was Home Purchase, with 4,858 originations. The 2nd most popular reason was Refi, with 1,308 originations.
Loan Duration/Length
For 2019, Equity Resources's most frequently cited loan duration was 30 Year, with 6,058 originations. The 2nd most popular length was 15 Year, with 429 originations.
Origination Fees/Closing Costs
Equity Resources's average total fees were $4,436, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,424 originations.
Interest Rates
During 2019, Equity Resources's average interest rate for loans was 4.14%, while their most frequently originated rate bucket for loans was 3-4%, with 3,718 originations.
Loan Sizing
2019 saw Equity Resources place emphasis on $100k-200k loans with 2,919 originations, totaling $435,865,000 in origination value.
Applicant Income
Equity Resources lent most frequently to those with incomes in the $50k-75k range, with 1,833 originations. The second most popular income band? $50k or less, with 1,576 originations.
Applicant Debt to Income Ratio
Equity Resources lent most frequently to those with DTI ratios of 20-30%, with 1,467 originations. The next most common DTI ratio? 30-36%, with 1,338 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.80%
Equity Resources has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination60.75%
Equity Resources 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 | 6,779 | $1,399,865,000 | $206,500 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 98 | $12,750,000 | $130,102 |
| Single Family (1-4 Units):Site-Built | 6,681 | $1,387,115,000 | $207,621 |