Cmg Mortgage Rates, Fees & Info

SACRAMENTO, CA

LEI: 549300GKFNPRWNS0GF29

Tax ID: 68-0309242

2020 Data | 2019 Data | 2018 Data


Overview

Cmg Mortgage is a large mortgage company specializing in Home Purchase and Refi loans. Cmg Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Oakland, Nashville, Houston, San Diego, and Austin 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. Cmg Mortgage is typically a high fee lendor.


Originations

63,646

Origination Dollar Volume (All Markets)

$18,895,810,000

Relative Rate

Cmg Mortgage 's average 30 year fixed rate mortgage was 3.3%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.06%.

Relative Fees

Cmg Mortgage 's average total fees for a 30 year fixed rate mortgage are $6,619.

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 41,473 $12,461,465,000 $300,472 $5,073 3.22%
FHA 12,580 $3,036,920,000 $241,409 $9,644 3.30%
VA 6,700 $2,380,050,000 $355,231 $8,707 3.01%
USDA 2,893 $1,017,375,000 $351,668 $6,390 3.67%

For the 2020 period, Cmg Mortgage 's most frequently originated loan type was Conventional, with 41,473 originations. Their 2nd most popular type is FHA, with 12,580 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 33,704 $9,502,280,000 $281,933 $7,525 3.27%
Refi 20,167 $6,357,355,000 $315,236 $4,877 3.09%
Cash Out Refi 9,775 $3,036,175,000 $310,606 $5,944 3.40%

For the 2020, Cmg Mortgage 's most frequently cited loan purpose was Home Purchase, with 33,704 originations. The 2nd most popular reason was Refi, with 20,167 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 56,285 $17,088,925,000 $303,614 $6,719 3.28%
15 Year 4,841 $1,153,075,000 $238,189 $4,474 2.75%
20 Year 1,717 $442,295,000 $257,598 $4,409 3.11%
Other 606 $173,460,000 $286,238 $4,454 3.18%
10 Year 191 $37,855,000 $198,194 $3,926 2.68%
1 Year 6 $200,000 $33,333 $0 5.00%

For the 2020, Cmg Mortgage 's most frequently cited loan length was 30 Year, with 56,285 originations. The 2nd most popular length was 15 Year, with 4,841 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 24,599 $6,995,425,000 $284,378
$3k-4k 12,614 $3,609,420,000 $286,144
$2k-3k 10,488 $2,535,880,000 $241,789
$5k+ 7,815 $3,223,135,000 $412,429
$<1k 2,058 $519,020,000 $252,196

$6,619 was Cmg Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 24,599 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 6,493 $1,461,275,000 $225,054 $5,519 3.23%
OAKLAND-BERKELEY-LIVERMORE, CA 2,358 $1,215,900,000 $515,649 $6,718 3.17%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 3,128 $909,220,000 $290,671 $6,267 3.25%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 3,112 $779,600,000 $250,514 $7,465 3.19%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 1,288 $756,700,000 $587,500 $7,862 3.12%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 2,625 $753,215,000 $286,939 $7,287 3.16%
PHOENIX-MESA-CHANDLER, AZ 2,042 $587,120,000 $287,522 $6,041 3.40%
ANAHEIM-SANTA ANA-IRVINE, CA 1,003 $537,145,000 $535,538 $6,802 3.18%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 1,622 $501,120,000 $308,952 $3,856 3.09%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 1,466 $392,640,000 $267,831 $5,659 3.19%
LOS ANGELES-LONG BEACH-GLENDALE, CA 787 $369,805,000 $469,892 $7,395 3.25%
DENVER-AURORA-LAKEWOOD, CO 982 $365,920,000 $372,627 $6,924 3.35%
LAS VEGAS-HENDERSON-PARADISE, NV 1,259 $356,255,000 $282,967 $7,556 3.40%
MANCHESTER-NASHUA, NH 1,209 $323,565,000 $267,630 $3,795 3.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 872 $321,320,000 $368,486 $7,183 3.07%
PORTLAND-SOUTH PORTLAND, ME 1,110 $311,690,000 $280,802 $4,306 3.10%
CHARLESTON-NORTH CHARLESTON, SC 1,022 $289,310,000 $283,082 $6,863 3.20%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 794 $282,620,000 $355,945 $8,907 3.26%
SAN ANTONIO-NEW BRAUNFELS, TX 1,065 $260,105,000 $244,230 $8,485 3.22%
TACOMA-LAKEWOOD, WA 708 $244,160,000 $344,859 $7,116 3.26%
URBAN HONOLULU, HI 436 $238,870,000 $547,867 $13,905 3.02%
EUGENE-SPRINGFIELD, OR 880 $228,790,000 $259,989 $4,371 3.11%
OXNARD-THOUSAND OAKS-VENTURA, CA 504 $218,150,000 $432,837 $6,538 3.15%
OMAHA-COUNCIL BLUFFS, NE-IA 970 $210,720,000 $217,237 $3,965 3.14%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 593 $209,315,000 $352,976 $7,430 3.23%
RAPID CITY, SD 776 $188,020,000 $242,294 $5,029 3.04%
MILWAUKEE-WAUKESHA, WI 854 $187,280,000 $219,297 $4,390 3.22%
CHICAGO-NAPERVILLE-EVANSTON, IL 721 $180,855,000 $250,839 $6,528 3.29%
SEATTLE-BELLEVUE-KENT, WA 395 $167,215,000 $423,329 $6,999 3.39%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 681 $164,075,000 $240,932 $6,798 3.37%
AUBURN-OPELIKA, AL 638 $163,350,000 $256,034 $6,525 3.11%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 270 $154,680,000 $572,889 $6,975 3.12%
KNOXVILLE, TN 629 $144,385,000 $229,547 $4,413 3.30%
BEND, OR 458 $143,260,000 $312,795 $4,946 3.06%
SAN LUIS OBISPO-PASO ROBLES, CA 352 $142,020,000 $403,466 $5,766 3.22%
DALLAS-PLANO-IRVING, TX 510 $141,760,000 $277,961 $7,813 3.25%
JACKSONVILLE, FL 562 $128,860,000 $229,288 $7,120 3.35%
GULFPORT-BILOXI, MS 712 $125,290,000 $175,969 $6,720 3.32%
BAKERSFIELD, CA 454 $118,040,000 $260,000 $8,193 3.31%
OKLAHOMA CITY, OK 521 $114,065,000 $218,935 $6,315 3.29%
STOCKTON, CA 297 $113,725,000 $382,912 $6,879 3.25%
FRESNO, CA 392 $110,860,000 $282,806 $7,632 3.26%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 251 $106,565,000 $424,562 $9,903 3.14%
SALINAS, CA 196 $96,840,000 $494,082 $7,520 3.18%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 368 $94,340,000 $256,359 $7,174 3.28%
ALBUQUERQUE, NM 393 $93,805,000 $238,690 $6,386 3.30%
BALTIMORE-COLUMBIA-TOWSON, MD 304 $92,560,000 $304,474 $8,689 3.28%
BOISE CITY, ID 257 $81,405,000 $316,751 $7,092 3.32%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 137 $80,855,000 $590,182 $6,443 3.16%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 271 $80,845,000 $298,321 $9,092 3.41%
MIAMI-MIAMI BEACH-KENDALL, FL 239 $73,535,000 $307,678 $10,033 3.35%
SANTA MARIA-SANTA BARBARA, CA 191 $71,175,000 $372,644 $8,317 3.20%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 191 $70,875,000 $371,073 $4,554 3.09%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 254 $70,190,000 $276,339 $8,259 3.25%
FORT COLLINS, CO 213 $70,075,000 $328,991 $5,843 3.32%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 319 $68,005,000 $213,182 $6,130 3.49%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 273 $66,145,000 $242,289 $7,662 3.30%
WARREN-TROY-FARMINGTON HILLS, MI 290 $63,350,000 $218,448 $4,226 3.25%
RENO, NV 193 $62,825,000 $325,518 $7,443 3.36%
ST. LOUIS, MO-IL 251 $61,565,000 $245,279 $4,850 3.23%
COLORADO SPRINGS, CO 158 $59,100,000 $374,051 $7,757 3.50%
CHATTANOOGA, TN-GA 255 $57,675,000 $226,176 $5,251 3.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 294 $57,360,000 $195,102 $5,422 3.29%
ORLANDO-KISSIMMEE-SANFORD, FL 208 $56,270,000 $270,529 $7,769 3.32%
BOULDER, CO 138 $54,880,000 $397,681 $5,358 3.18%
EL PASO, TX 329 $54,035,000 $164,240 $6,889 3.48%
NASSAU COUNTY-SUFFOLK COUNTY, NY 132 $53,730,000 $407,045 $9,885 3.21%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 118 $52,740,000 $446,949 $12,436 3.31%
NEW ORLEANS-METAIRIE, LA 245 $51,315,000 $209,449 $7,116 3.28%
FAYETTEVILLE, NC 225 $50,345,000 $223,756 $7,621 3.19%
CAMDEN, NJ 210 $49,890,000 $237,571 $6,867 3.19%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 175 $48,165,000 $275,229 $8,491 3.42%
COLUMBUS, GA-AL 252 $47,790,000 $189,643 $7,198 3.19%
GREELEY, CO 138 $46,490,000 $336,884 $6,981 3.36%
KILLEEN-TEMPLE, TX 224 $46,390,000 $207,098 $7,037 3.38%
RALEIGH-CARY, NC 167 $45,285,000 $271,168 $5,756 3.25%
SALEM, OR 162 $44,870,000 $276,975 $7,316 3.19%
MEDFORD, OR 154 $44,300,000 $287,662 $7,696 3.29%
VALLEJO, CA 112 $42,800,000 $382,143 $7,109 3.25%
OLYMPIA-LACEY-TUMWATER, WA 127 $41,125,000 $323,819 $7,672 3.14%
PHILADELPHIA, PA 193 $39,925,000 $206,865 $7,062 3.36%
SANTA ROSA-PETALUMA, CA 86 $39,770,000 $462,442 $7,292 3.19%
NEW BRUNSWICK-LAKEWOOD, NJ 117 $38,615,000 $330,043 $9,309 3.25%
MORRISTOWN, TN 195 $38,395,000 $196,897 $5,281 3.30%
PROVIDENCE-WARWICK, RI-MA 118 $36,980,000 $313,390 $5,084 3.01%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 116 $34,680,000 $298,966 $5,010 3.27%
CLEVELAND, TN 157 $33,795,000 $215,255 $6,254 3.20%
ELGIN, IL 155 $33,265,000 $214,613 $6,673 3.27%
LEWISTON-AUBURN, ME 162 $32,210,000 $198,827 $5,043 3.14%
NEWARK, NJ-PA 93 $32,175,000 $345,968 $13,062 3.30%
MONTGOMERY, AL 169 $31,895,000 $188,728 $6,479 3.36%
DOVER, DE 144 $31,420,000 $218,194 $7,429 3.33%
CHEYENNE, WY 113 $30,835,000 $272,876 $5,266 3.15%
DAPHNE-FAIRHOPE-FOLEY, AL 132 $30,110,000 $228,106 $5,709 3.31%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 106 $28,410,000 $268,019 $4,977 3.29%
TYLER, TX 129 $28,135,000 $218,101 $5,391 3.52%
DES MOINES-WEST DES MOINES, IA 129 $26,025,000 $201,744 $4,193 3.19%
BANGOR, ME 141 $25,465,000 $180,603 $4,616 3.09%
KANSAS CITY, MO-KS 102 $24,920,000 $244,314 $5,747 3.46%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 64 $24,600,000 $384,375 $10,314 3.29%
MODESTO, CA 80 $24,110,000 $301,375 $6,824 3.29%
BOSTON, MA 55 $23,685,000 $430,636 $6,088 3.17%
COLUMBIA, SC 112 $23,190,000 $207,054 $6,477 3.13%
CLARKSVILLE, TN-KY 118 $23,190,000 $196,525 $7,122 3.34%
HOUMA-THIBODAUX, LA 120 $21,130,000 $176,083 $7,583 3.57%
ALBANY-LEBANON, OR 80 $20,970,000 $262,125 $6,729 3.27%
BIRMINGHAM-HOOVER, AL 99 $20,745,000 $209,545 $6,525 3.41%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 67 $20,635,000 $307,985 $6,394 2.99%
SANTA CRUZ-WATSONVILLE, CA 40 $20,430,000 $510,750 $5,407 3.09%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 85 $19,845,000 $233,471 $7,982 3.47%
MOBILE, AL 94 $18,950,000 $201,596 $6,250 3.47%
WILMINGTON, DE-MD-NJ 72 $18,880,000 $262,222 $8,754 3.38%
MADERA, CA 57 $16,965,000 $297,632 $10,476 3.07%
COEUR D'ALENE, ID 50 $16,930,000 $338,600 $6,643 3.41%
OGDEN-CLEARFIELD, UT 50 $16,010,000 $320,200 $8,001 3.25%
LAKELAND-WINTER HAVEN, FL 75 $15,985,000 $213,133 $8,065 3.37%
BILLINGS, MT 56 $15,380,000 $274,643 $7,132 3.16%
PROVO-OREM, UT 38 $14,880,000 $391,579 $7,685 3.22%
SAN RAFAEL, CA 24 $14,840,000 $618,333 $6,429 3.43%
SALT LAKE CITY, UT 42 $14,540,000 $346,190 $6,336 3.20%
TUCSON, AZ 71 $14,455,000 $203,592 $5,582 3.55%
CAPE CORAL-FORT MYERS, FL 66 $14,090,000 $213,485 $6,129 3.50%
SPOKANE-SPOKANE VALLEY, WA 54 $13,750,000 $254,630 $5,574 3.17%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 29 $13,735,000 $473,621 $11,579 3.15%
LAKE HAVASU CITY-KINGMAN, AZ 54 $13,220,000 $244,815 $5,939 3.49%
PENSACOLA-FERRY PASS-BRENT, FL 52 $13,040,000 $250,769 $7,088 3.14%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 37 $12,935,000 $349,595 $7,188 3.23%
BURLINGTON-SOUTH BURLINGTON, VT 44 $12,570,000 $285,682 $4,093 3.22%
JEFFERSON CITY, MO 67 $12,495,000 $186,493 $4,669 3.12%
NAPA, CA 21 $12,355,000 $588,333 $6,891 3.26%
IDAHO FALLS, ID 48 $12,350,000 $257,292 $9,604 3.08%
ST. CLOUD, MN 60 $12,280,000 $204,667 $5,789 3.18%
PRESCOTT VALLEY-PRESCOTT, AZ 42 $11,830,000 $281,667 $5,965 3.49%
LEWISTON, ID-WA 45 $11,825,000 $262,778 $6,073 2.81%
LAFAYETTE-WEST LAFAYETTE, IN 66 $11,730,000 $177,727 $4,061 3.50%
LAREDO, TX 63 $11,715,000 $185,952 $7,800 3.20%
WALLA WALLA, WA 40 $11,710,000 $292,750 $5,193 3.42%
WACO, TX 50 $11,680,000 $233,600 $7,672 3.19%
NORTH PORT-SARASOTA-BRADENTON, FL 36 $11,600,000 $322,222 $6,682 3.38%
WILMINGTON, NC 44 $11,270,000 $256,136 $5,725 3.40%
WORCESTER, MA-CT 39 $11,195,000 $287,051 $5,562 3.10%
GREENVILLE-ANDERSON, SC 50 $11,070,000 $221,400 $5,615 3.19%
DURHAM-CHAPEL HILL, NC 38 $11,040,000 $290,526 $5,190 3.20%
PORT ST. LUCIE, FL 42 $10,570,000 $251,667 $7,473 3.44%
BRIDGEPORT-STAMFORD-NORWALK, CT 30 $10,500,000 $350,000 $10,923 3.20%
YUMA, AZ 36 $10,470,000 $290,833 $4,528 3.15%
CLEVELAND-ELYRIA, OH 62 $10,280,000 $165,806 $5,750 3.21%
SPRINGFIELD, MO 42 $10,220,000 $243,333 $4,305 3.35%
MOUNT VERNON-ANACORTES, WA 29 $10,185,000 $351,207 $7,459 3.14%
AUGUSTA-RICHMOND COUNTY, GA-SC 53 $10,175,000 $191,981 $6,690 3.41%
BATON ROUGE, LA 50 $10,110,000 $202,200 $6,954 3.35%
GARY, IN 43 $10,065,000 $234,070 $5,956 3.32%
RACINE, WI 46 $9,990,000 $217,174 $4,849 3.30%
SANTA FE, NM 33 $9,385,000 $284,394 $7,607 3.27%
JOHNSON CITY, TN 47 $9,265,000 $197,128 $4,652 3.02%
ABILENE, TX 48 $9,180,000 $191,250 $6,264 3.61%
DETROIT-DEARBORN-LIVONIA, MI 57 $8,715,000 $152,895 $4,169 3.42%
COLLEGE STATION-BRYAN, TX 39 $8,455,000 $216,795 $7,356 3.28%
PALM BAY-MELBOURNE-TITUSVILLE, FL 40 $8,360,000 $209,000 $6,512 3.49%
FLAGSTAFF, AZ 24 $8,190,000 $341,250 $6,769 3.26%
KENNEWICK-RICHLAND, WA 26 $7,990,000 $307,308 $6,337 3.35%
TULSA, OK 29 $7,985,000 $275,345 $7,732 3.51%
CINCINNATI, OH-KY-IN 42 $7,880,000 $187,619 $6,522 3.79%
NILES, MI 39 $7,125,000 $182,692 $5,103 3.58%
GRANTS PASS, OR 25 $6,935,000 $277,400 $7,310 3.66%
SALISBURY, MD-DE 28 $6,910,000 $246,786 $7,475 3.29%
CORVALLIS, OR 26 $6,860,000 $263,846 $6,751 3.28%
INDIANAPOLIS-CARMEL-ANDERSON, IN 32 $6,820,000 $213,125 $5,473 3.63%
CANTON-MASSILLON, OH 44 $6,810,000 $154,773 $4,816 3.69%
KINGSPORT-BRISTOL, TN-VA 35 $6,795,000 $194,143 $6,134 3.24%
ST. GEORGE, UT 21 $6,365,000 $303,095 $5,681 3.27%
MERCED, CA 22 $6,280,000 $285,455 $7,441 3.39%
RICHMOND, VA 25 $6,245,000 $249,800 $5,243 3.23%
MEMPHIS, TN-MS-AR 26 $5,970,000 $229,615 $6,805 3.73%
LAS CRUCES, NM 30 $5,720,000 $190,667 $6,742 3.35%
NEW HAVEN-MILFORD, CT 25 $5,595,000 $223,800 $7,240 3.17%
NAPLES-MARCO ISLAND, FL 17 $5,425,000 $319,118 $7,394 3.36%
CORPUS CHRISTI, TX 24 $5,390,000 $224,583 $7,547 3.11%
HANFORD-CORCORAN, CA 20 $5,150,000 $257,500 $9,875 3.63%
ANCHORAGE, AK 16 $5,130,000 $320,625 $8,208 3.53%
HUNTSVILLE, AL 23 $5,115,000 $222,391 $7,470 3.26%
BOWLING GREEN, KY 27 $4,945,000 $183,148 $6,102 3.66%
OCALA, FL 29 $4,835,000 $166,724 $6,854 3.45%
VISALIA, CA 21 $4,725,000 $225,000 $7,755 3.40%
SPARTANBURG, SC 21 $4,675,000 $222,619 $8,002 3.50%
YUBA CITY, CA 18 $4,670,000 $259,444 $5,707 3.16%
WENATCHEE, WA 9 $4,575,000 $508,333 $7,604 3.62%
FOND DU LAC, WI 25 $4,495,000 $179,800 $4,530 3.20%
LEXINGTON-FAYETTE, KY 22 $4,430,000 $201,364 $6,898 3.33%
LUBBOCK, TX 20 $4,330,000 $216,500 $7,273 3.41%
GRAND RAPIDS-KENTWOOD, MI 19 $4,295,000 $226,053 $0 3.99%
HILTON HEAD ISLAND-BLUFFTON, SC 9 $4,155,000 $461,667 $5,458 3.40%
CARSON CITY, NV 13 $4,125,000 $317,308 $5,424 3.26%
PUEBLO, CO 20 $3,970,000 $198,500 $5,025 3.27%
CALIFORNIA-LEXINGTON PARK, MD 11 $3,905,000 $355,000 $7,320 3.14%
LAFAYETTE, LA 17 $3,815,000 $224,412 $7,044 3.29%
REDDING, CA 15 $3,705,000 $247,000 $4,855 3.01%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 15 $3,675,000 $245,000 $5,529 3.16%
MADISON, WI 18 $3,660,000 $203,333 $3,484 3.42%
OCEAN CITY, NJ 10 $3,640,000 $364,000 $6,672 3.26%
CHICO, CA 12 $3,590,000 $299,167 $5,176 3.06%
SPRINGFIELD, MA 14 $3,550,000 $253,571 $6,623 3.12%
JONESBORO, AR 16 $3,520,000 $220,000 $5,682 2.98%
GREENSBORO-HIGH POINT, NC 16 $3,480,000 $217,500 $6,723 3.33%
LONGVIEW, WA 11 $3,295,000 $299,545 $6,196 3.01%
ATLANTIC CITY-HAMMONTON, NJ 16 $3,280,000 $205,000 $6,470 3.33%
LINCOLN, NE 16 $3,250,000 $203,125 $2,850 3.22%
WICHITA, KS 16 $3,190,000 $199,375 $4,858 3.39%
AKRON, OH 17 $3,125,000 $183,824 $6,202 3.19%
TRENTON-PRINCETON, NJ 14 $3,040,000 $217,143 $7,600 3.32%
SHERMAN-DENISON, TX 15 $2,985,000 $199,000 $7,017 3.32%
LONGVIEW, TX 18 $2,940,000 $163,333 $5,423 3.36%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 13 $2,795,000 $215,000 $8,856 3.34%
MCALLEN-EDINBURG-MISSION, TX 13 $2,715,000 $208,846 $8,903 3.23%
YORK-HANOVER, PA 13 $2,565,000 $197,308 $8,210 3.28%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 9 $2,555,000 $283,889 $7,787 3.42%
SHEBOYGAN, WI 14 $2,550,000 $182,143 $4,622 3.00%
CASPER, WY 11 $2,535,000 $230,455 $7,141 2.97%
TUSCALOOSA, AL 9 $2,475,000 $275,000 $7,280 3.25%
BROWNSVILLE-HARLINGEN, TX 13 $2,445,000 $188,077 $5,323 3.41%
BELLINGHAM, WA 8 $2,440,000 $305,000 $7,319 3.62%
PITTSBURGH, PA 12 $2,420,000 $201,667 $5,406 3.73%
PUNTA GORDA, FL 11 $2,345,000 $213,182 $7,826 3.18%
ATHENS-CLARKE COUNTY, GA 11 $2,305,000 $209,545 $6,709 3.40%
GRAND JUNCTION, CO 9 $2,295,000 $255,000 $5,883 3.11%
HARRISBURG-CARLISLE, PA 10 $2,280,000 $228,000 $7,834 3.02%
HOMOSASSA SPRINGS, FL 11 $2,225,000 $202,273 $6,245 3.93%
ELIZABETHTOWN-FORT KNOX, KY 12 $2,220,000 $185,000 $5,346 3.26%
JACKSON, MS 10 $2,180,000 $218,000 $5,527 3.37%
MIDLAND, TX 9 $2,175,000 $241,667 $7,730 3.54%
BEAUMONT-PORT ARTHUR, TX 13 $2,165,000 $166,538 $6,501 3.51%
GREENVILLE, NC 14 $2,160,000 $154,286 $5,118 3.34%
ASHEVILLE, NC 6 $2,150,000 $358,333 $3,969 3.42%
COLUMBUS, OH 8 $2,140,000 $267,500 $6,113 3.22%
LANCASTER, PA 9 $2,115,000 $235,000 $7,292 3.08%
WINSTON-SALEM, NC 8 $2,110,000 $263,750 $3,629 3.11%
APPLETON, WI 8 $2,070,000 $258,750 $4,485 2.98%
PANAMA CITY, FL 7 $2,045,000 $292,143 $7,958 3.14%
SIOUX FALLS, SD 8 $1,960,000 $245,000 $4,381 3.14%
KAHULUI-WAILUKU-LAHAINA, HI 3 $1,925,000 $641,667 $9,040 3.50%
READING, PA 9 $1,875,000 $208,333 $8,320 2.89%
DAYTON-KETTERING, OH 10 $1,870,000 $187,000 $7,883 3.58%
BARNSTABLE TOWN, MA 7 $1,845,000 $263,571 $4,739 3.23%
COLUMBIA, MO 9 $1,835,000 $203,889 $4,115 3.13%
ODESSA, TX 9 $1,825,000 $202,778 $7,614 4.08%
HICKORY-LENOIR-MORGANTON, NC 6 $1,810,000 $301,667 $4,478 3.27%
MISSOULA, MT 5 $1,775,000 $355,000 $5,328 3.02%
YAKIMA, WA 5 $1,735,000 $347,000 $8,604 3.43%
GAINESVILLE, GA 6 $1,730,000 $288,333 $8,158 2.89%
DULUTH, MN-WI 8 $1,670,000 $208,750 $3,971 3.41%
KANKAKEE, IL 8 $1,650,000 $206,250 $5,950 3.09%
AMARILLO, TX 7 $1,585,000 $226,429 $7,484 2.98%
GAINESVILLE, FL 8 $1,560,000 $195,000 $6,442 3.63%
ANN ARBOR, MI 6 $1,540,000 $256,667 $4,061 3.18%
HAMMOND, LA 8 $1,420,000 $177,500 $7,195 3.11%
HAGERSTOWN-MARTINSBURG, MD-WV 5 $1,405,000 $281,000 $6,249 3.45%
VINELAND-BRIDGETON, NJ 9 $1,405,000 $156,111 $6,010 3.24%
FLORENCE-MUSCLE SHOALS, AL 10 $1,400,000 $140,000 $5,949 4.16%
SEBRING-AVON PARK, FL 6 $1,380,000 $230,000 $6,567 3.19%
SUMTER, SC 7 $1,375,000 $196,429 $6,649 3.11%
NORWICH-NEW LONDON, CT 5 $1,365,000 $273,000 $5,452 2.80%
SAVANNAH, GA 5 $1,345,000 $269,000 $8,507 3.03%
DECATUR, AL 7 $1,315,000 $187,857 $5,492 3.16%
THE VILLAGES, FL 4 $1,290,000 $322,500 $12,470 3.06%
TALLAHASSEE, FL 5 $1,285,000 $257,000 $8,071 4.00%
Outside of Metro Areas 4 $1,280,000 $320,000 $4,919 3.03%
BURLINGTON, NC 6 $1,270,000 $211,667 $4,390 3.52%
HATTIESBURG, MS 8 $1,260,000 $157,500 $7,654 3.47%
POCATELLO, ID 7 $1,225,000 $175,000 $8,129 3.30%
JACKSON, TN 4 $1,220,000 $305,000 $8,088 3.41%
GREEN BAY, WI 4 $1,140,000 $285,000 $2,780 3.47%
FLINT, MI 7 $1,135,000 $162,143 $4,218 3.30%
GADSDEN, AL 4 $1,130,000 $282,500 $6,792 3.03%
MANKATO, MN 5 $1,105,000 $221,000 $6,206 3.08%
WINCHESTER, VA-WV 4 $1,080,000 $270,000 $7,792 3.70%
DOTHAN, AL 5 $975,000 $195,000 $6,013 3.40%
ROCKY MOUNT, NC 7 $955,000 $136,429 $5,185 3.52%
DALTON, GA 5 $925,000 $185,000 $3,697 3.07%
EAST STROUDSBURG, PA 6 $920,000 $153,333 $5,944 3.12%
FORT SMITH, AR-OK 5 $885,000 $177,000 $6,053 3.68%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 4 $860,000 $215,000 $4,959 3.85%
EAU CLAIRE, WI 4 $850,000 $212,500 $5,778 3.06%
SEBASTIAN-VERO BEACH, FL 3 $835,000 $278,333 $5,033 3.50%
JACKSON, MI 3 $815,000 $271,667 $4,766 3.04%
FLORENCE, SC 4 $810,000 $202,500 $5,683 3.03%
OSHKOSH-NEENAH, WI 3 $795,000 $265,000 $6,739 2.91%
LYNCHBURG, VA 4 $790,000 $197,500 $2,636 4.00%
NEW BERN, NC 4 $760,000 $190,000 $4,802 3.43%
CAPE GIRARDEAU, MO-IL 3 $755,000 $251,667 $3,271 3.58%
MACON-BIBB COUNTY, GA 5 $735,000 $147,000 $6,386 3.50%
SIOUX CITY, IA-NE-SD 3 $725,000 $241,667 $9,191 3.63%
OWENSBORO, KY 4 $710,000 $177,500 $6,438 3.66%
TWIN FALLS, ID 3 $695,000 $231,667 $11,536 3.29%
FARMINGTON, NM 3 $695,000 $231,667 $5,756 3.75%
SHREVEPORT-BOSSIER CITY, LA 5 $685,000 $137,000 $7,446 3.43%
CHARLOTTESVILLE, VA 2 $680,000 $340,000 $6,650 3.50%
JACKSONVILLE, NC 4 $670,000 $167,500 $4,513 3.34%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 4 $650,000 $162,500 $5,743 3.16%
VICTORIA, TX 4 $630,000 $157,500 $6,244 3.16%
LAKE CHARLES, LA 4 $620,000 $155,000 $7,228 4.00%
SIERRA VISTA-DOUGLAS, AZ 4 $610,000 $152,500 $5,153 3.75%
JANESVILLE-BELOIT, WI 4 $610,000 $152,500 $3,966 3.31%
GOLDSBORO, NC 3 $605,000 $201,667 $6,095 3.12%
ROCHESTER, MN 3 $595,000 $198,333 $4,673 3.33%
SOUTH BEND-MISHAWAKA, IN-MI 5 $565,000 $113,000 $4,848 4.38%
TEXARKANA, TX-AR 3 $565,000 $188,333 $5,711 3.17%
TOPEKA, KS 3 $555,000 $185,000 $4,214 2.83%
ENID, OK 2 $550,000 $275,000 $6,362 2.94%
EL CENTRO, CA 3 $545,000 $181,667 $3,860 3.75%
LAWTON, OK 3 $535,000 $178,333 $7,042 3.54%
ALBANY-SCHENECTADY-TROY, NY 1 $515,000 $515,000 $7,374 2.88%
LANSING-EAST LANSING, MI 3 $515,000 $171,667 $3,113 3.54%
KALAMAZOO-PORTAGE, MI 2 $510,000 $255,000 $5,392 3.69%
ANNISTON-OXFORD, AL 4 $510,000 $127,500 $6,984 3.72%
LAWRENCE, KS 3 $495,000 $165,000 $4,627 2.96%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 4 $490,000 $122,500 $6,887 3.41%
VALDOSTA, GA 3 $475,000 $158,333 $8,435 2.92%
FAIRBANKS, AK 2 $460,000 $230,000 $0 4.18%
BLACKSBURG-CHRISTIANSBURG, VA 2 $450,000 $225,000 $6,141 2.69%
ROCKFORD, IL 3 $445,000 $148,333 $7,040 2.96%
TOLEDO, OH 3 $395,000 $131,667 $0 4.42%
BECKLEY, WV 2 $390,000 $195,000 $5,579 3.00%
AMES, IA 2 $390,000 $195,000 $5,704 2.81%
KINGSTON, NY 1 $375,000 $375,000 $4,336 2.75%
WARNER ROBINS, GA 3 $375,000 $125,000 $7,174 3.33%
HINESVILLE, GA 2 $370,000 $185,000 $8,324 3.38%
BATTLE CREEK, MI 2 $360,000 $180,000 $7,244 3.50%
TERRE HAUTE, IN 2 $360,000 $180,000 $6,507 3.75%
ROANOKE, VA 1 $335,000 $335,000 $13,114 3.75%
GETTYSBURG, PA 2 $330,000 $165,000 $7,140 3.94%
BLOOMINGTON, IN 2 $330,000 $165,000 $4,169 3.44%
SAGINAW, MI 2 $330,000 $165,000 $7,694 4.00%
STATE COLLEGE, PA 2 $320,000 $160,000 $5,518 3.13%
FARGO, ND-MN 1 $315,000 $315,000 $0 5.51%
HUNTINGTON-ASHLAND, WV-KY-OH 2 $310,000 $155,000 $6,152 2.94%
BLOOMINGTON, IL 1 $305,000 $305,000 $5,337 2.88%
MONROE, LA 2 $290,000 $145,000 $8,909 3.25%
ALEXANDRIA, LA 1 $285,000 $285,000 $6,065 4.50%
SYRACUSE, NY 2 $280,000 $140,000 $3,415 3.25%
GRAND ISLAND, NE 1 $275,000 $275,000 $7,792 3.25%
ST. JOSEPH, MO-KS 2 $270,000 $135,000 $3,226 3.44%
PARKERSBURG-VIENNA, WV 1 $255,000 $255,000 $6,607 3.25%
ROCHESTER, NY 2 $250,000 $125,000 $4,961 3.25%
BRUNSWICK, GA 2 $250,000 $125,000 $5,800 3.75%
MONROE, MI 2 $240,000 $120,000 $4,856 3.50%
SAN ANGELO, TX 1 $235,000 $235,000 $8,805 3.13%
WEIRTON-STEUBENVILLE, WV-OH 1 $225,000 $225,000 $8,662 3.38%
WAUSAU-WESTON, WI 2 $220,000 $110,000 $4,554 3.75%
WATERTOWN-FORT DRUM, NY 1 $215,000 $215,000 $4,475 2.75%
MUNCIE, IN 1 $215,000 $215,000 $1,316 3.13%
ELKHART-GOSHEN, IN 1 $205,000 $205,000 $5,609 4.00%
MANHATTAN, KS 1 $185,000 $185,000 $3,300 2.75%
SPRINGFIELD, OH 1 $165,000 $165,000 $4,702 3.88%
PEORIA, IL 1 $165,000 $165,000 $4,053 2.50%
ALBANY, GA 1 $155,000 $155,000 $5,178 2.99%
HARRISONBURG, VA 1 $155,000 $155,000 $2,922 3.38%
SCRANTON--WILKES-BARRE, PA 1 $155,000 $155,000 $3,719 3.00%
EVANSVILLE, IN-KY 1 $145,000 $145,000 $2,851 3.25%
BAY CITY, MI 1 $135,000 $135,000 $2,820 3.38%
COLUMBUS, IN 1 $135,000 $135,000 $3,909 2.88%
SPRINGFIELD, IL 1 $135,000 $135,000 $7,533 2.75%
IOWA CITY, IA 1 $135,000 $135,000 $0 3.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $115,000 $115,000 $2,487 2.75%
MICHIGAN CITY-LA PORTE, IN 1 $115,000 $115,000 $2,485 2.99%
KOKOMO, IN 1 $105,000 $105,000 $1,887 3.50%
CHAMPAIGN-URBANA, IL 1 $95,000 $95,000 $4,068 3.25%
FORT WAYNE, IN 1 $85,000 $85,000 $3,297 4.25%
CARBONDALE-MARION, IL 1 $85,000 $85,000 $5,902 2.75%
ERIE, PA 1 $75,000 $75,000 $4,788 3.50%

Cmg Mortgage 's top markets include Oakland, Nashville, Houston, San Diego, and Austin among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 30,635 $9,018,045,000 $294,371
2.5-3% 25,570 $7,897,290,000 $308,850
4-5% 3,670 $873,850,000 $238,106
<2.5% 3,167 $935,955,000 $295,534
5-6% 588 $166,260,000 $282,755
6-7% 9 $2,265,000 $251,667
7-8% 4 $740,000 $185,000
Over 8% 3 $1,405,000 $468,333

During 2020, Cmg Mortgage 's average interest rate was 3.30%, while their most frequently originated rate bucket was 3-4%, with 30,635 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 32,619 $9,248,195,000 $283,522 $6,552 3.20%
$100k-200k 16,910 $2,657,950,000 $157,182 $5,048 3.29%
$400k-600k 9,444 $4,506,070,000 $477,136 $7,592 3.19%
$600k-1MM 2,632 $1,872,210,000 $711,326 $10,405 3.18%
$100,000 or less 1,686 $135,400,000 $80,308 $4,125 3.61%
$1MM+ 355 $475,985,000 $1,340,803 $17,536 3.39%

2020 saw Cmg Mortgage place emphasis on $200k-400k loans with 32,619 originations, totaling $9,248,195,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 14,799 $3,325,165,000 $224,688 $6,360 3.25%
$100k-150k 14,191 $4,707,405,000 $331,718 $6,768 3.23%
$75k-100k 11,813 $3,271,595,000 $276,949 $6,781 3.25%
$150k-250k 9,154 $3,712,650,000 $405,577 $6,708 3.22%
$50k or less 8,274 $1,366,330,000 $165,135 $5,552 3.27%
$250k+ 3,294 $1,718,020,000 $521,560 $7,012 3.26%

Cmg Mortgage lent most frequently to those with incomes in the $50k-75k range, with 14,799 originations. The second most popular income band? $100k-150k, with 14,191 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 12,265 $3,651,055,000 $297,681 $5,409 3.20%
30-36% 11,151 $3,298,705,000 $295,821 $6,008 3.25%
50-60% 4,172 $1,187,380,000 $284,607 $10,326 3.18%
<20% 3,911 $1,121,075,000 $286,647 $4,871 3.12%
44% 2,804 $784,960,000 $279,943 $6,736 3.31%
42% 2,556 $772,890,000 $302,383 $6,772 3.32%
43% 2,495 $722,045,000 $289,397 $6,720 3.29%
41% 2,379 $696,515,000 $292,776 $6,506 3.31%
40% 2,313 $684,145,000 $295,783 $6,560 3.32%
39% 2,268 $675,680,000 $297,919 $6,424 3.31%
38% 2,232 $666,800,000 $298,746 $6,567 3.30%
37% 2,155 $629,875,000 $292,285 $6,160 3.30%
36% 2,133 $635,915,000 $298,132 $6,289 3.27%
49% 1,889 $559,905,000 $296,403 $7,270 3.27%
45% 1,862 $558,370,000 $299,876 $7,311 3.24%
48% 1,676 $492,950,000 $294,123 $7,164 3.26%
46% 1,646 $479,770,000 $291,476 $7,275 3.25%
47% 1,585 $467,075,000 $294,685 $7,398 3.24%
>60% 66 $25,270,000 $382,879 $8,951 3.05%

Cmg Mortgage lent most frequently to those with DTI ratios of 20-30%, with 12,265 originations. The next most common DTI ratio? 30-36%, with 11,151 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 42,887 $12,140,515,000 $283,081 $6,167 3.24%
Not provided 14,326 $4,768,670,000 $332,868 $6,708 3.21%
Black 3,321 $852,905,000 $256,822 $8,348 3.35%
Asian 2,143 $818,375,000 $381,883 $7,163 3.19%
American Indian 371 $97,585,000 $263,032 $6,908 3.26%
Asian Indian 172 $66,380,000 $385,930 $6,276 3.10%
Native Hawaiian 156 $55,390,000 $355,064 $8,867 3.16%
Filipino 97 $36,675,000 $378,093 $9,321 3.23%
Other Asian 43 $15,805,000 $367,558 $6,453 3.07%
Chinese 32 $13,860,000 $433,125 $7,858 3.01%
Vietnamese 27 $7,685,000 $284,630 $6,244 2.94%
Korean 19 $7,145,000 $376,053 $5,562 3.08%
Other Pacific Islander 25 $6,025,000 $241,000 $5,754 3.39%
Japanese 16 $5,380,000 $336,250 $7,417 3.39%
Guamanian 6 $1,400,000 $233,333 $3,922 3.39%
Native Hawiian 2 $1,170,000 $585,000 $18,035 2.81%
Samoan 3 $845,000 $281,667 $8,337 3.79%

Approval Rates

Total approvals of all applications
97.14%

Cmg 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
64.90%

Cmg 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 63,646 $18,895,810,000 $296,889

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 788 $143,180,000 $181,701
Single Family (1-4 Units):Site-Built 62,858 $18,752,630,000 $298,333

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 2,013 $494,535,000 $245,671 $4,397 3.02%
40-60% 7,279 $2,180,075,000 $299,502 $4,569 3.07%
60-80% 20,457 $6,560,115,000 $320,678 $5,336 3.29%
80-100% 32,644 $9,219,320,000 $282,420 $7,286 3.25%
Over 100% 1,101 $417,635,000 $379,323 $15,399 3.03%
Under 20% 151 $23,945,000 $158,576 $3,942 3.16%