Argent Mortgage Rates, Fees & Info
Chester, VALEI: 549300GBD8RBYHSIS855
Tax ID: 54-0623641
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Argent is a smaller mortgage company specializing in Home Improvement, Home Purchase, and Cash Out Refi loans. Argent has a high proportion of conventional loans. Their top two markets are Richmond and Virginia Beach .Argent has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
Originations
74Origination Dollar Volume (All Markets)
$7,540,000Top 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 |
|---|---|---|---|---|---|
| RICHMOND, VA (FHA|USDA|VA) | 71 | $7,155,000 | $100,775 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $80,000 | $40,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 74 | $7,540,000 | $101,892 | $0 | 0.00% |
For 2019, Argent's most frequently originated type of loan was Conventional, with 74 originations.
Loan Reason
For 2019, Argent's most frequently cited loan purpose was Home Improvement, with 32 originations. The 2nd most popular reason was Home Purchase, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 74 | $7,540,000 | $101,892 | $0 | 0.00% |
For 2019, Argent's most frequently cited loan duration was Other, with 74 originations.
Loan Sizing
2019 saw Argent place emphasis on $100,000 or less loans with 44 originations, totaling $2,200,000 in origination value.
Applicant Income
Argent lent most frequently to those with incomes in the $50k-75k range, with 25 originations. The second most popular income band? $75k-100k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 74 | $7,540,000 | $101,892 | $0 | 0.00% |
Argent lent most frequently to those with DTI ratios of Exempt%, with 74 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.53%
Argent has a below average approval rate.
Pick Rate
Approvals leading to origination72.97%
Argent has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 74 | $7,540,000 | $101,892 |