Quaint Oak Mortgage Rates, Fees & Info
Allentown, PALEI: 549300GMP8EYQD4U6Z40
Tax ID: 38-3799175
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Quaint Oak Mortgage is a smaller mortgage company specializing in Home Purchase loans. Quaint Oak Mortgage 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: Philadelphia, Allentown, Ocean City, Atlantic City, and Reading among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)Quaint Oak Mortgage 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. Quaint Oak Mortgage is typically an average 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.
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 | 6.86% | 11/21/24 |
| 30 Year Conventional Refi | 6.56% | 11/21/24 |
| 30 Year Cash-out Refi | 6.79% | 11/21/24 |
| 30 Year FHA Purchase | 7.49% | 11/21/24 |
| 30 Year VA Purchase | 6.35% | 11/21/24 |
| 30 Year USDA Purchase | 6.88% | 11/21/24 |
| 15 Year Conventional Purchase | 5.77% | 11/21/24 |
| 15 Year Conventional Refi | 5.68% | 11/21/24 |
| 15 Year Cash-out Refi | 5.68% | 11/21/24 |
| 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. | ||
Quaint Oak Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Quaint Oak Mortgage. 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
990Origination Dollar Volume (All Markets)
$220,350,000Awards
Quaint Oak Mortgage - 2021
Quaint Oak Mortgage is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for Quaint Oak Mortgage?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 578 | $135,070,000 | $233,685 | $5,310 | 3.05% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 327 | $59,995,000 | $183,471 | $5,022 | 3.06% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 8 | $5,070,000 | $633,750 | $5,057 | 3.03% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 12 | $3,490,000 | $290,833 | $4,640 | 3.05% |
| READING, PA (FHA|USDA|VA) | 10 | $2,430,000 | $243,000 | $8,081 | 3.05% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $1,540,000 | $385,000 | $6,931 | 2.69% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $1,360,000 | $226,667 | $4,853 | 3.17% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $1,270,000 | $317,500 | $4,420 | 2.56% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $5,307 | 3.96% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $7,292 | 3.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $4,947 | 2.69% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $4,448 | 3.04% |
| DOVER, DE (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,088 | 3.06% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $4,147 | 2.81% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,951 | 2.50% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,114 | 2.25% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $6,079 | 3.38% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $4,677 | 2.93% |
| Pottsville, PA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,487 | 3.31% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,027 | 2.75% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,778 | 3.00% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,043 | 2.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,641 | 3.50% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,741 | 3.38% |
| DuBois, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,730 | 3.50% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,580 | 2.88% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,167 | 2.88% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,227 | 2.38% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,759 | 2.75% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,018 | 3.50% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,967 | 2.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against Quaint Oak Mortgage based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 270
Similarity Rank: 410
Similarity Rank: 504
Similarity Rank: 624
Similarity Rank: 1026
Similarity Rank: 1105
Similarity Rank: 1323
Similarity Rank: 1448
Similarity Rank: 1505
Similarity Rank: 2208
Product Mix
For 2021, Quaint Oak Mortgage's most frequently originated type of loan was Conventional, with 664 originations. Their 2nd most popular type was FHA, with 307 originations.
Loan Reason
For 2021, Quaint Oak Mortgage's most frequently cited loan purpose was Home Purchase, with 777 originations. The 2nd most popular reason was Refi, with 109 originations.
Loan Duration/Length
For 2021, Quaint Oak Mortgage's most frequently cited loan duration was 30 Year, with 887 originations. The 2nd most popular length was 15 Year, with 64 originations.
Origination Fees/Closing Costs
Quaint Oak Mortgage's average total fees were $5,389, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 799 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 446 | $100,000,000 | $224,215 |
| 3-4% | 398 | $82,190,000 | $206,508 |
| <2.5% | 124 | $31,310,000 | $252,500 |
| 4-5% | 22 | $6,850,000 | $311,364 |
During 2021, Quaint Oak Mortgage's average interest rate for loans was 3.12%, while their most frequently originated rate bucket for loans was 2.5-3%, with 446 originations.
Loan Sizing
2021 saw Quaint Oak Mortgage place emphasis on $200k-400k loans with 450 originations, totaling $119,450,000 in origination value.
Applicant Income
Quaint Oak Mortgage lent most frequently to those with incomes in the $50k or less range, with 342 originations. The second most popular income band? $50k-75k, with 296 originations.
Applicant Debt to Income Ratio
Quaint Oak Mortgage lent most frequently to those with DTI ratios of 30-36%, with 174 originations. The next most common DTI ratio? 20-30%, with 151 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.39%
Quaint Oak 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 origination76.87%
Quaint Oak Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 990 | $220,350,000 | $222,576 |