Beckam Funding Corp. Mortgage Rates, Fees & Info

Redding, CA

LEI: 549300G4JDIJPBEO8J84

Tax ID: 77-0174529

1 stars - Updated: 3/17/24 - out of 5 stars, based on 47 reviews

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

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Mortgage Data

Review & Overview

Beckam Funding Corp. is a small mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Beckam Funding Corp. has an average proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Diego, Dallas, and Houston among others. We have data for 136 markets. (Some data included below & more in-depth data is available with an active subscription.)

Beckam Funding Corp. 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. Beckam Funding Corp. 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 8.04% 3/17/24
30 Year Conventional Refi 7.07% 3/17/24
30 Year Cash-out Refi 7.59% 3/17/24
30 Year FHA Purchase 7.97% 3/17/24
30 Year FHA Refi 7.33% 3/17/24
30 Year VA Purchase 6.68% 3/17/24
30 Year VA Refi 6.27% 3/17/24
15 Year Conventional Purchase 7.79% 3/17/24
15 Year Conventional Refi 6.03% 3/17/24
15 Year Cash-out Refi 6.03% 3/17/24
15 Year FHA Purchase 9.01% 3/17/24
15 Year VA Refi 5.68% 3/17/24
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.

Beckam Funding Corp. Mortgage Calculator






Your Estimates

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

This is not an official calculator from Beckam Funding Corp.. 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

2,180

Origination Dollar Volume (All Markets)

$1,065,600,000

Relative Rate

Beckam Funding Corp.'s average 30 year fixed mortgage rate was 5.79%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 1.03%.

Relative Fees (Closing Costs)

Beckam Funding Corp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $24,178.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 851 $521,805,000 $613,167 $30,333 5.75%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 520 $236,960,000 $455,692 $22,588 5.71%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 47 $32,515,000 $691,809 $34,213 5.97%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 69 $23,205,000 $336,304 $18,662 6.12%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 68 $21,870,000 $321,618 $17,139 6.14%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 31 $21,275,000 $686,290 $31,281 6.13%
BAKERSFIELD, CA (FHA|USDA|VA) 55 $17,615,000 $320,273 $16,951 6.05%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 41 $15,125,000 $368,902 $20,080 6.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 36 $12,030,000 $334,167 $18,974 5.76%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 18 $11,960,000 $664,444 $27,751 5.56%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 36 $10,750,000 $298,611 $17,702 6.20%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 22 $9,900,000 $450,000 $17,586 5.86%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 20 $9,330,000 $466,500 $17,971 4.84%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 23 $7,455,000 $324,130 $15,968 5.80%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $6,480,000 $324,000 $16,619 5.82%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 11 $4,635,000 $421,364 $15,556 6.33%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 9 $4,475,000 $497,222 $25,009 6.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 16 $4,230,000 $264,375 $16,410 6.13%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $4,165,000 $833,000 $32,961 6.85%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 11 $3,995,000 $363,182 $18,992 6.43%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 12 $3,700,000 $308,333 $7,998 5.03%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 10 $3,510,000 $351,000 $15,845 4.86%
VALLEJO, CA (FHA|USDA|VA) 4 $3,130,000 $782,500 $22,328 6.28%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $3,115,000 $445,000 $17,409 6.09%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $2,905,000 $322,778 $14,359 6.04%
STOCKTON, CA (FHA|USDA|VA) 6 $2,850,000 $475,000 $21,441 5.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $2,635,000 $376,429 $17,815 5.63%
FRESNO, CA (FHA|USDA|VA) 7 $2,485,000 $355,000 $17,405 6.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $2,185,000 $312,143 $16,642 5.66%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $2,120,000 $530,000 $25,711 5.72%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,990,000 $497,500 $25,278 6.40%
PITTSBURGH, PA (FHA|USDA|VA) 6 $1,950,000 $325,000 $18,261 5.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 6 $1,690,000 $281,667 $12,388 5.02%
Outside of Metro Areas 7 $1,645,000 $235,000 $12,676 5.43%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,620,000 $405,000 $17,635 5.12%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $1,480,000 $370,000 $20,815 5.94%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $1,375,000 $458,333 $29,950 6.38%
TUCSON, AZ (FHA|USDA|VA) 5 $1,345,000 $269,000 $9,902 4.75%
SALEM, OR (FHA|USDA|VA) 5 $1,335,000 $267,000 $14,194 5.23%
MODESTO, CA (FHA|USDA|VA) 3 $1,325,000 $441,667 $16,531 6.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $1,260,000 $315,000 $15,049 4.44%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,240,000 $310,000 $13,887 6.91%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,235,000 $247,000 $12,672 5.18%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $1,190,000 $595,000 $13,421 5.06%
BATON ROUGE, LA (FHA|USDA|VA) 10 $1,120,000 $112,000 $7,642 5.15%
LAFAYETTE, LA (FHA|USDA|VA) 4 $1,020,000 $255,000 $13,565 5.22%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,015,000 $338,333 $12,167 6.71%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $995,000 $331,667 $7,616 6.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $970,000 $485,000 $18,415 5.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $965,000 $193,000 $11,846 5.43%
GREELEY, CO (FHA|USDA|VA) 2 $950,000 $475,000 $17,136 5.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $945,000 $315,000 $10,934 4.92%
Sevierville, TN (FHA|USDA|VA) 1 $905,000 $905,000 $0 7.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $870,000 $435,000 $12,027 3.69%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $865,000 $288,333 $17,075 6.46%
EL CENTRO, CA (FHA|USDA|VA) 3 $805,000 $268,333 $15,494 6.79%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $690,000 $345,000 $14,574 4.88%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $630,000 $315,000 $15,359 6.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $585,000 $195,000 $11,725 5.96%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $560,000 $280,000 $15,861 5.63%
SALINAS, CA (FHA|USDA|VA) 1 $545,000 $545,000 $6,149 4.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $540,000 $270,000 $10,742 5.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $540,000 $270,000 $15,717 6.38%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $535,000 $535,000 $20,678 9.25%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $520,000 $260,000 $7,663 3.63%
ANN ARBOR, MI (FHA|USDA|VA) 1 $515,000 $515,000 $16,904 8.13%
VISALIA, CA (FHA|USDA|VA) 2 $490,000 $245,000 $15,070 5.94%
REDDING, CA (FHA|USDA|VA) 2 $480,000 $240,000 $10,998 5.25%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $445,000 $445,000 $7,494 5.00%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $440,000 $220,000 $10,222 6.06%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $440,000 $220,000 $12,004 5.25%
LONGVIEW, TX (FHA|USDA|VA) 1 $425,000 $425,000 $12,038 5.25%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $420,000 $210,000 $14,506 4.06%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $415,000 $415,000 $13,513 6.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $415,000 $415,000 $19,926 5.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $405,000 $405,000 $14,556 4.38%
Clearlake, CA (FHA|USDA|VA) 1 $395,000 $395,000 $24,254 5.25%
MOBILE, AL (FHA|USDA|VA) 1 $385,000 $385,000 $21,407 5.75%
YUBA CITY, CA (FHA|USDA|VA) 1 $365,000 $365,000 $17,386 6.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $365,000 $365,000 $12,927 6.75%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $355,000 $355,000 $9,916 2.63%
CORVALLIS, OR (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.38%
MERCED, CA (FHA|USDA|VA) 1 $355,000 $355,000 $16,753 5.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $355,000 $355,000 $17,787 6.75%
Athens, TX (FHA|USDA|VA) 1 $345,000 $345,000 $19,166 6.75%
GADSDEN, AL (FHA|USDA|VA) 1 $345,000 $345,000 $16,990 6.00%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $345,000 $345,000 $15,097 10.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $340,000 $170,000 $11,078 5.44%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $340,000 $170,000 $10,224 6.69%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $9,142 5.99%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $335,000 $335,000 $14,155 6.63%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $325,000 $325,000 $21,180 6.75%
Edwards, CO (FHA|USDA|VA) 1 $325,000 $325,000 $5,381 4.50%
JACKSON, MS (FHA|USDA|VA) 1 $315,000 $315,000 $20,422 5.25%
Rockport, TX (FHA|USDA|VA) 1 $315,000 $315,000 $14,830 3.88%
Sulphur Springs, TX (FHA|USDA|VA) 1 $305,000 $305,000 $18,899 6.25%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $305,000 $305,000 $7,060 5.00%
Evanston, WY (FHA|USDA|VA) 1 $305,000 $305,000 $18,283 5.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $285,000 $285,000 $12,869 6.99%
Shelton, WA (FHA|USDA|VA) 1 $285,000 $285,000 $19,772 4.88%
MADERA, CA (FHA|USDA|VA) 1 $285,000 $285,000 $13,821 7.50%
Red Bluff, CA (FHA|USDA|VA) 1 $285,000 $285,000 $14,393 6.75%
Roseburg, OR (FHA|USDA|VA) 1 $285,000 $285,000 $14,606 3.25%
LOUISVILLE, KY (FHA|USDA|VA) 1 $265,000 $265,000 $3,248 5.25%
Brownwood, TX (FHA|USDA|VA) 1 $265,000 $265,000 $16,814 6.75%
Brookings, OR (FHA|USDA|VA) 1 $255,000 $255,000 $6,494 2.88%
Brainerd, MN (FHA|USDA|VA) 1 $255,000 $255,000 $7,980 4.38%
TULSA, OK (FHA|USDA|VA) 1 $245,000 $245,000 $6,971 6.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $245,000 $245,000 $16,609 5.13%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $235,000 $235,000 $0 8.13%
Torrington, CT (FHA|USDA|VA) 1 $235,000 $235,000 $11,725 5.75%
Ukiah, CA (FHA|USDA|VA) 1 $235,000 $235,000 $14,121 4.99%
MONROE, LA (FHA|USDA|VA) 1 $225,000 $225,000 $13,339 6.13%
OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,434 4.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $215,000 $215,000 $16,762 3.99%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $215,000 $215,000 $9,918 6.75%
CHICO, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,742 3.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $10,182 6.25%
HINESVILLE, GA (FHA|USDA|VA) 1 $185,000 $185,000 $12,805 5.75%
Clewiston, FL (FHA|USDA|VA) 1 $185,000 $185,000 $6,943 3.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $185,000 $185,000 $13,788 6.75%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $175,000 $175,000 $7,572 2.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $165,000 $165,000 $11,852 6.50%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $165,000 $165,000 $4,860 5.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $155,000 $155,000 $9,091 6.75%
Clovis, NM (FHA|USDA|VA) 1 $155,000 $155,000 $6,511 4.75%
BOISE CITY, ID (FHA|USDA|VA) 1 $155,000 $155,000 $8,691 3.75%
PEORIA, IL (FHA|USDA|VA) 1 $155,000 $155,000 $8,410 6.25%
Palestine, TX (FHA|USDA|VA) 1 $155,000 $155,000 $10,681 6.25%
Palatka, FL (FHA|USDA|VA) 1 $155,000 $155,000 $9,719 6.75%
EL PASO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,515 3.50%
MUSKEGON, MI (FHA|USDA|VA) 1 $125,000 $125,000 $6,380 5.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,353 4.88%
Cullman, AL (FHA|USDA|VA) 1 $105,000 $105,000 $7,828 4.38%
Orangeburg, SC (FHA|USDA|VA) 1 $65,000 $65,000 $3,471 4.50%
Key West, FL (FHA|USDA|VA) 1 $65,000 $65,000 $6,030 3.88%
Beckam Funding Corp.'s top markets include Los Angeles, Riverside, San Diego, Dallas, and Houston among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    FHA 1,680 $835,140,000 $497,107 $26,626 5.76%
    Conventional 463 $210,555,000 $454,762 $14,785 5.95%
    VA 37 $19,905,000 $537,973 $19,276 4.74%

    For 2022, Beckam Funding Corp.'s most frequently originated type of loan was FHA, with 1,680 originations. Their 2nd most popular type was Conventional, with 463 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,809 $911,695,000 $503,977 $25,543 5.90%
    Cash Out Refi 292 $118,450,000 $405,651 $17,540 5.37%
    Refi 79 $35,455,000 $448,797 $14,859 4.60%

    For 2022, Beckam Funding Corp.'s most frequently cited loan purpose was Home Purchase, with 1,809 originations. The 2nd most popular reason was Cash Out Refi, with 292 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,157 $1,055,545,000 $489,358 $24,178 5.79%
    20 Year 8 $3,150,000 $393,750 $18,581 4.27%
    15 Year 7 $2,605,000 $372,143 $12,412 4.04%
    30+ year 6 $3,540,000 $590,000 $25,406 7.65%
    Other 2 $760,000 $380,000 $18,217 6.63%

    For 2022, Beckam Funding Corp.'s most frequently cited loan duration was 30 Year, with 2,157 originations. The 2nd most popular length was 20 Year, with 8 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,932 $983,950,000 $509,291
    $4k-5k 67 $19,155,000 $285,896
    $1k-2k 48 $17,670,000 $368,125
    $3k-4k 42 $13,560,000 $322,857
    $2k-3k 38 $10,560,000 $277,895
    $<1k 32 $12,180,000 $380,625

    Beckam Funding Corp.'s average total fees were $24,178, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,932 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 866 $454,890,000 $525,277
    5-6% 584 $285,630,000 $489,092
    4-5% 343 $154,575,000 $450,656
    3-4% 182 $70,880,000 $389,451
    7-8% 116 $54,160,000 $466,897
    Over 8% 60 $33,960,000 $566,000
    2.5-3% 25 $9,825,000 $393,000
    <2.5% 4 $1,680,000 $420,000

    During 2022, Beckam Funding Corp.'s average interest rate for loans was 5.79%, while their most frequently originated rate bucket for loans was 6-7%, with 866 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 810 $399,870,000 $493,667 $24,561 5.82%
    $200k-400k 708 $223,520,000 $315,706 $16,361 5.63%
    $600k-1MM 526 $390,810,000 $742,985 $36,207 5.97%
    $100k-200k 100 $16,250,000 $162,500 $8,821 5.42%
    $1MM+ 27 $34,485,000 $1,277,222 $38,104 6.73%
    $100,000 or less 9 $665,000 $73,889 $5,900 4.99%

    2022 saw Beckam Funding Corp. place emphasis on $400k-600k loans with 810 originations, totaling $399,870,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 824 $401,870,000 $487,706 $24,992 5.79%
    $150k-250k 516 $350,100,000 $678,488 $33,238 6.19%
    $75k-100k 431 $157,905,000 $366,369 $18,785 5.53%
    $50k-75k 218 $59,980,000 $275,138 $13,567 4.99%
    $50k or less 96 $23,400,000 $243,750 $9,242 5.22%
    $250k+ 92 $70,740,000 $768,913 $26,553 7.27%

    Beckam Funding Corp. lent most frequently to those with incomes in the $100k-150k range, with 824 originations. The second most popular income band? $150k-250k, with 516 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 353 $185,495,000 $525,482 $27,427 5.63%
    46% 158 $84,920,000 $537,468 $27,728 5.76%
    47% 158 $83,030,000 $525,506 $26,722 5.76%
    49% 157 $81,035,000 $516,146 $26,224 5.89%
    48% 157 $80,485,000 $512,643 $26,379 5.66%
    45% 149 $78,915,000 $529,631 $25,577 5.75%
    44% 138 $66,700,000 $483,333 $23,389 5.87%
    43% 129 $65,825,000 $510,271 $24,398 5.87%
    30-36% 128 $48,280,000 $377,188 $17,344 5.67%
    42% 110 $53,730,000 $488,455 $24,647 5.77%
    41% 100 $45,760,000 $457,600 $22,894 5.94%
    20-30% 91 $37,335,000 $410,275 $16,514 6.09%
    39% 79 $35,265,000 $446,392 $22,878 5.76%
    40% 76 $33,440,000 $440,000 $21,140 5.82%
    38% 46 $18,070,000 $392,826 $18,797 5.53%
    37% 43 $18,375,000 $427,326 $19,184 5.53%
    36% 35 $14,345,000 $409,857 $18,133 5.60%
    <20% 33 $16,865,000 $511,061 $16,666 7.19%
    >60% 3 $1,205,000 $401,667 $17,616 6.42%

    Beckam Funding Corp. lent most frequently to those with DTI ratios of 50-60%, with 353 originations. The next most common DTI ratio? 46%, with 158 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,536 $775,460,000 $504,857 $24,781 5.70%
    Not provided 259 $127,625,000 $492,761 $25,112 6.01%
    Asian 191 $85,125,000 $445,681 $21,014 5.97%
    Black 183 $73,295,000 $400,519 $20,400 5.99%
    American Indian 4 $1,790,000 $447,500 $20,176 5.25%
    Native Hawaiian or Islander 3 $975,000 $325,000 $21,011 6.58%
    Other Asian 3 $905,000 $301,667 $18,406 7.63%
    Asian Indian 1 $425,000 $425,000 $32,007 5.75%

    Approval Rates

    Total approvals of all applications
    99.19%

    Beckam Funding Corp. 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
    -12.06%

    Beckam Funding Corp. 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
    18464.28 1 $205,000 $205,000
    21382.5 1 $285,000 $285,000
    24509.4 1 $275,000 $275,000
    25500.0 1 $445,000 $445,000
    25586.0 1 $245,000 $245,000
    32220.0 1 $345,000 $345,000
    32407.0 1 $355,000 $355,000
    33620.0 1 $365,000 $365,000
    39627.0 1 $435,000 $435,000
    43109.06 1 $585,000 $585,000
    65172.82 1 $905,000 $905,000
    NA 2,169 $1,061,155,000 $489,237

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,180 $1,065,600,000 $488,807

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $5,545,000 $241,087 $11,245 4.72%
    40-60% 106 $37,620,000 $354,906 $13,688 5.07%
    60-80% 333 $151,425,000 $454,730 $18,248 5.91%
    80-100% 1,711 $866,205,000 $506,257 $25,912 5.82%
    Over 100% 5 $4,605,000 $921,000 $47,366 4.75%
    Under 20% 2 $200,000 $100,000 $6,494 4.44%