Berkadia Commercial Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300GNIV169ZIHU012

Tax ID: 27-0812934

2020 Data | 2019 Data | 2018 Data


Overview

Berkadia Commercial Mortgage is a large mortgage company specializing in Refi and Other loans. Berkadia Commercial Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Atlanta, Washington, New York, Houston, and Las Vegas among others. They have an above average approval rate for mortages when compared nationally -- and they have an above average pick rate when compared to the same sample of other lendors.


Originations

1,307

Origination Dollar Volume (All Markets)

$22,195,695,000

Relative Rate

Berkadia Commercial Mortgage 's average 30 year fixed rate mortgage was 4%.

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

This yields a difference of 0.64%.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,108 $18,733,020,000 $16,907,058 $0 3.20%
FHA 199 $3,462,675,000 $17,400,377 $0 2.90%

For the 2020 period, Berkadia Commercial Mortgage 's most frequently originated loan type was Conventional, with 1,108 originations. Their 2nd most popular type is FHA, with 199 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 741 $13,089,815,000 $17,665,067 $0 3.05%
Other 566 $9,105,880,000 $16,088,127 $0 3.29%

For the 2020, Berkadia Commercial Mortgage 's most frequently cited loan purpose was Refi, with 741 originations. The 2nd most popular reason was Other, with 566 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
10 Year 717 $13,059,715,000 $18,214,386 $0 3.06%
Other 336 $4,427,470,000 $13,176,994 $0 3.38%
30+ year 131 $2,692,355,000 $20,552,328 $0 2.84%
15 Year 82 $1,741,460,000 $21,237,317 $0 3.32%
30 Year 17 $71,095,000 $4,182,059 $0 4.00%
5 Year 16 $127,310,000 $7,956,875 $0 3.38%
20 Year 7 $58,515,000 $8,359,286 $0 3.46%
3 Year 1 $17,775,000 $17,775,000 $0 3.93%

For the 2020, Berkadia Commercial Mortgage 's most frequently cited loan length was 10 Year, with 717 originations. The 2nd most popular length was Other, with 336 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 53 $925,535,000 $17,462,925 $0 3.21%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 24 $872,320,000 $36,346,667 $0 2.84%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 61 $794,545,000 $13,025,328 $0 3.21%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 32 $741,480,000 $23,171,250 $0 3.16%
LAS VEGAS-HENDERSON-PARADISE, NV 20 $674,380,000 $33,719,000 $0 3.16%
PHOENIX-MESA-CHANDLER, AZ 28 $654,970,000 $23,391,786 $0 3.04%
ORLANDO-KISSIMMEE-SANFORD, FL 20 $634,100,000 $31,705,000 $0 3.11%
LOS ANGELES-LONG BEACH-GLENDALE, CA 52 $591,660,000 $11,378,077 $0 2.84%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 24 $513,320,000 $21,388,333 $0 3.27%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 20 $427,750,000 $21,387,500 $0 3.25%
DALLAS-PLANO-IRVING, TX 27 $397,915,000 $14,737,593 $0 3.10%
SALISBURY, MD-DE 3 $378,255,000 $126,085,000 $0 2.60%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 13 $365,215,000 $28,093,462 $0 3.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 5 $355,405,000 $71,081,000 $0 3.41%
Outside of Metro Areas 52 $353,660,000 $6,801,154 $0 3.14%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 4 $352,970,000 $88,242,500 $0 2.98%
PHILADELPHIA, PA 17 $323,695,000 $19,040,882 $0 2.86%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 11 $323,405,000 $29,400,455 $0 2.95%
Outside of Metro Areas 22 $304,620,000 $13,846,364 $0 3.09%
CHICAGO-NAPERVILLE-EVANSTON, IL 28 $298,330,000 $10,654,643 $0 3.36%
CORPUS CHRISTI, TX 7 $291,605,000 $41,657,857 $0 3.20%
BALTIMORE-COLUMBIA-TOWSON, MD 7 $273,025,000 $39,003,571 $0 3.07%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 14 $270,800,000 $19,342,857 $0 2.98%
NEWARK, NJ-PA 13 $260,765,000 $20,058,846 $0 3.27%
BOSTON, MA 4 $246,550,000 $61,637,500 $0 3.38%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 9 $246,185,000 $27,353,889 $0 3.31%
SAN ANTONIO-NEW BRAUNFELS, TX 11 $245,605,000 $22,327,727 $0 3.13%
SEATTLE-BELLEVUE-KENT, WA 12 $226,280,000 $18,856,667 $0 2.87%
KANSAS CITY, MO-KS 18 $218,640,000 $12,146,667 $0 3.43%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 12 $217,440,000 $18,120,000 $0 3.22%
WARREN-TROY-FARMINGTON HILLS, MI 12 $213,410,000 $17,784,167 $0 3.34%
RICHMOND, VA 10 $210,290,000 $21,029,000 $0 2.92%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 17 $208,445,000 $12,261,471 $0 3.04%
RENO, NV 7 $208,275,000 $29,753,571 $0 2.46%
CAMDEN, NJ 13 $205,325,000 $15,794,231 $0 3.40%
ST. LOUIS, MO-IL 14 $205,160,000 $14,654,286 $0 3.32%
DETROIT-DEARBORN-LIVONIA, MI 9 $201,935,000 $22,437,222 $0 3.07%
OKLAHOMA CITY, OK 20 $193,270,000 $9,663,500 $0 3.01%
TUCSON, AZ 20 $192,640,000 $9,632,000 $0 3.39%
COLUMBUS, OH 13 $188,195,000 $14,476,538 $0 3.42%
ALBUQUERQUE, NM 8 $185,270,000 $23,158,750 $0 3.20%
DENVER-AURORA-LAKEWOOD, CO 8 $178,070,000 $22,258,750 $0 3.33%
INDIANAPOLIS-CARMEL-ANDERSON, IN 6 $174,240,000 $29,040,000 $0 3.07%
PITTSBURGH, PA 6 $172,090,000 $28,681,667 $0 2.93%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 3 $167,275,000 $55,758,333 $0 2.63%
SALT LAKE CITY, UT 5 $160,715,000 $32,143,000 $0 2.98%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 10 $159,310,000 $15,931,000 $0 2.92%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 8 $151,270,000 $18,908,750 $0 3.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 11 $145,615,000 $13,237,727 $0 2.97%
GRAND RAPIDS-KENTWOOD, MI 8 $132,090,000 $16,511,250 $0 3.30%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 5 $127,555,000 $25,511,000 $0 3.07%
LAKELAND-WINTER HAVEN, FL 9 $122,475,000 $13,608,333 $0 3.51%
OGDEN-CLEARFIELD, UT 7 $118,075,000 $16,867,857 $0 3.22%
RALEIGH-CARY, NC 6 $105,640,000 $17,606,667 $0 2.91%
HUNTSVILLE, AL 4 $105,630,000 $26,407,500 $0 2.87%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 4 $104,740,000 $26,185,000 $0 3.06%
SAVANNAH, GA 4 $103,180,000 $25,795,000 $0 3.28%
WILMINGTON, NC 6 $98,580,000 $16,430,000 $0 3.12%
CINCINNATI, OH-KY-IN 9 $96,665,000 $10,740,556 $0 3.34%
DURHAM-CHAPEL HILL, NC 5 $96,485,000 $19,297,000 $0 2.92%
COLLEGE STATION-BRYAN, TX 4 $93,600,000 $23,400,000 $0 3.33%
TACOMA-LAKEWOOD, WA 7 $93,115,000 $13,302,143 $0 2.88%
HARRISBURG-CARLISLE, PA 5 $90,285,000 $18,057,000 $0 2.84%
ANAHEIM-SANTA ANA-IRVINE, CA 6 $88,820,000 $14,803,333 $0 2.92%
MEMPHIS, TN-MS-AR 5 $87,565,000 $17,513,000 $0 2.73%
BATON ROUGE, LA 4 $85,170,000 $21,292,500 $0 2.97%
BOISE CITY, ID 7 $84,925,000 $12,132,143 $0 3.44%
CLEVELAND-ELYRIA, OH 6 $82,690,000 $13,781,667 $0 3.34%
BIRMINGHAM-HOOVER, AL 7 $80,895,000 $11,556,429 $0 3.33%
WICHITA, KS 8 $80,570,000 $10,071,250 $0 2.97%
FAYETTEVILLE, NC 5 $77,265,000 $15,453,000 $0 3.12%
BRIDGEPORT-STAMFORD-NORWALK, CT 3 $76,605,000 $25,535,000 $0 3.35%
NEW BRUNSWICK-LAKEWOOD, NJ 3 $74,465,000 $24,821,667 $0 2.69%
COLUMBIA, SC 4 $73,700,000 $18,425,000 $0 3.16%
MILWAUKEE-WAUKESHA, WI 5 $72,625,000 $14,525,000 $0 2.67%
DAYTON-KETTERING, OH 6 $69,770,000 $11,628,333 $0 3.07%
JACKSONVILLE, FL 8 $67,380,000 $8,422,500 $0 3.22%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 5 $65,785,000 $13,157,000 $0 3.08%
OXNARD-THOUSAND OAKS-VENTURA, CA 4 $65,210,000 $16,302,500 $0 2.78%
JACKSONVILLE, NC 3 $62,515,000 $20,838,333 $0 2.41%
GAINESVILLE, GA 3 $62,005,000 $20,668,333 $0 2.98%
NEW HAVEN-MILFORD, CT 4 $61,740,000 $15,435,000 $0 3.25%
ATLANTIC CITY-HAMMONTON, NJ 2 $60,750,000 $30,375,000 $0 2.71%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $60,485,000 $60,485,000 $0 3.06%
DOVER, DE 3 $57,285,000 $19,095,000 $0 2.69%
FORT WAYNE, IN 2 $54,080,000 $27,040,000 $0 3.80%
NEW ORLEANS-METAIRIE, LA 4 $53,930,000 $13,482,500 $0 2.91%
GREENSBORO-HIGH POINT, NC 4 $52,810,000 $13,202,500 $0 3.26%
BURLINGTON, NC 5 $52,585,000 $10,517,000 $0 3.08%
WILMINGTON, DE-MD-NJ 6 $50,500,000 $8,416,667 $0 2.78%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 6 $50,370,000 $8,395,000 $0 3.16%
LEBANON, PA 2 $50,200,000 $25,100,000 $0 2.82%
MIAMI-MIAMI BEACH-KENDALL, FL 4 $47,020,000 $11,755,000 $0 3.28%
TULSA, OK 4 $46,180,000 $11,545,000 $0 3.11%
NAPLES-MARCO ISLAND, FL 2 $45,460,000 $22,730,000 $0 3.14%
PORT ST. LUCIE, FL 4 $45,030,000 $11,257,500 $0 3.51%
LONGVIEW, TX 2 $42,010,000 $21,005,000 $0 3.85%
MADISON, WI 2 $41,530,000 $20,765,000 $0 2.60%
SCRANTON--WILKES-BARRE, PA 2 $40,350,000 $20,175,000 $0 3.08%
MODESTO, CA 2 $40,290,000 $20,145,000 $0 3.09%
MCALLEN-EDINBURG-MISSION, TX 2 $39,160,000 $19,580,000 $0 2.63%
MONTGOMERY, AL 4 $38,760,000 $9,690,000 $0 3.20%
BLACKSBURG-CHRISTIANSBURG, VA 1 $38,575,000 $38,575,000 $0 3.19%
CLARKSVILLE, TN-KY 3 $38,435,000 $12,811,667 $0 3.36%
LANCASTER, PA 2 $38,130,000 $19,065,000 $0 2.93%
CHARLESTON-NORTH CHARLESTON, SC 4 $37,540,000 $9,385,000 $0 3.77%
YORK-HANOVER, PA 1 $36,785,000 $36,785,000 $0 2.45%
ODESSA, TX 1 $36,435,000 $36,435,000 $0 2.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 5 $36,425,000 $7,285,000 $0 3.77%
LAREDO, TX 2 $35,470,000 $17,735,000 $0 3.10%
OLYMPIA-LACEY-TUMWATER, WA 4 $35,440,000 $8,860,000 $0 3.04%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 2 $35,380,000 $17,690,000 $0 3.22%
ANN ARBOR, MI 2 $34,780,000 $17,390,000 $0 3.10%
PEORIA, IL 3 $34,375,000 $11,458,333 $0 2.50%
COEUR D'ALENE, ID 4 $33,740,000 $8,435,000 $0 2.67%
VALLEJO, CA 2 $32,890,000 $16,445,000 $0 3.93%
PROVIDENCE-WARWICK, RI-MA 4 $30,390,000 $7,597,500 $0 3.13%
PORTLAND-SOUTH PORTLAND, ME 1 $30,325,000 $30,325,000 $0 3.13%
GREAT FALLS, MT 1 $30,305,000 $30,305,000 $0 3.78%
BUFFALO-CHEEKTOWAGA, NY 7 $30,285,000 $4,326,429 $0 3.63%
SOUTH BEND-MISHAWAKA, IN-MI 2 $30,020,000 $15,010,000 $0 3.91%
PUEBLO, CO 2 $29,530,000 $14,765,000 $0 3.50%
KILLEEN-TEMPLE, TX 3 $29,195,000 $9,731,667 $0 3.37%
NORTH PORT-SARASOTA-BRADENTON, FL 4 $28,630,000 $7,157,500 $0 3.53%
BEAUMONT-PORT ARTHUR, TX 2 $27,850,000 $13,925,000 $0 3.25%
READING, PA 2 $27,790,000 $13,895,000 $0 2.84%
LINCOLN, NE 2 $27,640,000 $13,820,000 $0 3.57%
LEXINGTON-FAYETTE, KY 3 $27,305,000 $9,101,667 $0 3.47%
OMAHA-COUNCIL BLUFFS, NE-IA 3 $26,985,000 $8,995,000 $0 2.96%
CASPER, WY 1 $26,005,000 $26,005,000 $0 3.30%
BLOOMINGTON, IL 1 $25,875,000 $25,875,000 $0 3.17%
TOLEDO, OH 3 $25,805,000 $8,601,667 $0 3.26%
HINESVILLE, GA 1 $24,015,000 $24,015,000 $0 3.39%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $23,745,000 $7,915,000 $0 3.42%
OAKLAND-BERKELEY-LIVERMORE, CA 1 $23,555,000 $23,555,000 $0 2.89%
LYNCHBURG, VA 1 $21,845,000 $21,845,000 $0 2.28%
EUGENE-SPRINGFIELD, OR 2 $21,800,000 $10,900,000 $0 3.58%
WACO, TX 1 $20,805,000 $20,805,000 $0 3.63%
FRESNO, CA 3 $20,655,000 $6,885,000 $0 3.14%
SALEM, OR 2 $20,560,000 $10,280,000 $0 3.54%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 3 $20,335,000 $6,778,333 $0 3.55%
CARSON CITY, NV 1 $20,045,000 $20,045,000 $0 2.37%
MISSOULA, MT 1 $19,685,000 $19,685,000 $0 3.64%
BOULDER, CO 1 $19,005,000 $19,005,000 $0 2.48%
PALM BAY-MELBOURNE-TITUSVILLE, FL 3 $18,845,000 $6,281,667 $0 2.96%
ELKHART-GOSHEN, IN 1 $18,325,000 $18,325,000 $0 3.08%
CEDAR RAPIDS, IA 1 $17,965,000 $17,965,000 $0 3.04%
GREENVILLE-ANDERSON, SC 1 $17,825,000 $17,825,000 $0 2.99%
MIDLAND, TX 1 $17,795,000 $17,795,000 $0 3.76%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 3 $17,515,000 $5,838,333 $0 3.29%
COLORADO SPRINGS, CO 2 $17,360,000 $8,680,000 $0 3.48%
SANTA ROSA-PETALUMA, CA 9 $17,005,000 $1,889,444 $0 4.70%
AUGUSTA-RICHMOND COUNTY, GA-SC 3 $16,825,000 $5,608,333 $0 3.20%
ABILENE, TX 3 $16,035,000 $5,345,000 $0 3.09%
FORT COLLINS, CO 3 $15,525,000 $5,175,000 $0 2.93%
LOGAN, UT-ID 2 $15,060,000 $7,530,000 $0 3.24%
ST. CLOUD, MN 1 $14,745,000 $14,745,000 $0 2.42%
FLINT, MI 1 $14,555,000 $14,555,000 $0 3.84%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $14,435,000 $14,435,000 $0 2.74%
SHERMAN-DENISON, TX 2 $14,410,000 $7,205,000 $0 3.42%
SPOKANE-SPOKANE VALLEY, WA 1 $13,435,000 $13,435,000 $0 2.35%
WORCESTER, MA-CT 1 $12,955,000 $12,955,000 $0 3.83%
SAN ANGELO, TX 2 $12,850,000 $6,425,000 $0 3.99%
SANTA MARIA-SANTA BARBARA, CA 2 $12,470,000 $6,235,000 $0 2.98%
SANTA FE, NM 1 $12,455,000 $12,455,000 $0 3.28%
TEXARKANA, TX-AR 1 $12,305,000 $12,305,000 $0 3.02%
BATTLE CREEK, MI 2 $12,210,000 $6,105,000 $0 3.21%
CHEYENNE, WY 1 $12,075,000 $12,075,000 $0 2.97%
SPRINGFIELD, MA 1 $12,005,000 $12,005,000 $0 3.36%
CLEVELAND, TN 1 $11,805,000 $11,805,000 $0 3.59%
GARY, IN 1 $11,525,000 $11,525,000 $0 2.71%
WATERTOWN-FORT DRUM, NY 2 $11,100,000 $5,550,000 $0 2.90%
BILLINGS, MT 2 $11,000,000 $5,500,000 $0 2.89%
LONGVIEW, WA 3 $10,915,000 $3,638,333 $0 3.69%
MICHIGAN CITY-LA PORTE, IN 1 $10,755,000 $10,755,000 $0 3.07%
BAKERSFIELD, CA 2 $10,610,000 $5,305,000 $0 3.25%
LUBBOCK, TX 2 $10,450,000 $5,225,000 $0 3.14%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 1 $10,165,000 $10,165,000 $0 3.18%
JACKSON, MS 1 $9,755,000 $9,755,000 $0 2.33%
CHATTANOOGA, TN-GA 2 $9,470,000 $4,735,000 $0 3.75%
ROCHESTER, NY 3 $9,235,000 $3,078,333 $0 3.30%
HOMOSASSA SPRINGS, FL 1 $8,875,000 $8,875,000 $0 3.03%
TOPEKA, KS 1 $8,775,000 $8,775,000 $0 2.90%
YUBA CITY, CA 1 $8,755,000 $8,755,000 $0 2.59%
WENATCHEE, WA 1 $8,685,000 $8,685,000 $0 2.27%
WINSTON-SALEM, NC 1 $8,585,000 $8,585,000 $0 2.85%
DES MOINES-WEST DES MOINES, IA 2 $8,500,000 $4,250,000 $0 3.52%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 1 $8,385,000 $8,385,000 $0 3.96%
HAGERSTOWN-MARTINSBURG, MD-WV 2 $8,280,000 $4,140,000 $0 3.72%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 2 $8,180,000 $4,090,000 $0 3.49%
GULFPORT-BILOXI, MS 1 $7,775,000 $7,775,000 $0 3.05%
LAS CRUCES, NM 3 $7,765,000 $2,588,333 $0 3.45%
HANFORD-CORCORAN, CA 1 $7,695,000 $7,695,000 $0 2.97%
LANSING-EAST LANSING, MI 1 $7,645,000 $7,645,000 $0 2.91%
MOBILE, AL 2 $7,590,000 $3,795,000 $0 2.98%
JACKSON, TN 1 $7,145,000 $7,145,000 $0 3.20%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $7,105,000 $7,105,000 $0 3.53%
PANAMA CITY, FL 1 $7,005,000 $7,005,000 $0 2.81%
VICTORIA, TX 1 $6,895,000 $6,895,000 $0 3.40%
WARNER ROBINS, GA 1 $6,895,000 $6,895,000 $0 3.00%
STOCKTON, CA 1 $6,705,000 $6,705,000 $0 3.49%
ALBANY-LEBANON, OR 1 $6,705,000 $6,705,000 $0 2.27%
SALINAS, CA 1 $6,605,000 $6,605,000 $0 2.88%
ATHENS-CLARKE COUNTY, GA 1 $6,525,000 $6,525,000 $0 2.99%
CHAMPAIGN-URBANA, IL 2 $6,420,000 $3,210,000 $0 2.82%
GRAND JUNCTION, CO 1 $6,365,000 $6,365,000 $0 2.75%
LAFAYETTE, LA 2 $6,310,000 $3,155,000 $0 3.05%
LIMA, OH 1 $6,225,000 $6,225,000 $0 2.53%
EL PASO, TX 1 $6,215,000 $6,215,000 $0 3.10%
KANKAKEE, IL 2 $6,040,000 $3,020,000 $0 3.49%
SAN RAFAEL, CA 1 $5,455,000 $5,455,000 $0 3.21%
MACON-BIBB COUNTY, GA 1 $5,205,000 $5,205,000 $0 2.82%
TUSCALOOSA, AL 1 $4,965,000 $4,965,000 $0 2.78%
TYLER, TX 1 $4,715,000 $4,715,000 $0 2.80%
ROCKFORD, IL 1 $4,535,000 $4,535,000 $0 2.85%
LAWRENCE, KS 1 $4,355,000 $4,355,000 $0 3.55%
ALBANY-SCHENECTADY-TROY, NY 1 $4,205,000 $4,205,000 $0 3.78%
COLUMBIA, MO 1 $4,175,000 $4,175,000 $0 3.27%
AUBURN-OPELIKA, AL 1 $4,075,000 $4,075,000 $0 3.42%
GAINESVILLE, FL 1 $4,045,000 $4,045,000 $0 3.77%
MADERA, CA 1 $3,625,000 $3,625,000 $0 3.43%
SYRACUSE, NY 2 $3,620,000 $1,810,000 $0 3.00%
KINGSPORT-BRISTOL, TN-VA 1 $3,605,000 $3,605,000 $0 3.02%
PENSACOLA-FERRY PASS-BRENT, FL 1 $3,425,000 $3,425,000 $0 4.45%
PROVO-OREM, UT 1 $3,155,000 $3,155,000 $0 2.72%
COLUMBUS, GA-AL 2 $3,000,000 $1,500,000 $0 3.52%
MUNCIE, IN 1 $2,825,000 $2,825,000 $0 3.40%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 2 $2,600,000 $1,300,000 $0 3.53%
PITTSFIELD, MA 1 $2,525,000 $2,525,000 $0 3.95%
NASSAU COUNTY-SUFFOLK COUNTY, NY 1 $2,275,000 $2,275,000 $0 3.36%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 1 $2,205,000 $2,205,000 $0 2.95%
MONROE, LA 2 $2,200,000 $1,100,000 $0 3.25%
AKRON, OH 1 $2,145,000 $2,145,000 $0 5.03%
ROCKY MOUNT, NC 1 $2,135,000 $2,135,000 $0 3.17%
ERIE, PA 1 $2,045,000 $2,045,000 $0 4.09%
ALBANY, GA 1 $2,015,000 $2,015,000 $0 3.89%
OSHKOSH-NEENAH, WI 1 $1,995,000 $1,995,000 $0 2.88%
HICKORY-LENOIR-MORGANTON, NC 1 $1,895,000 $1,895,000 $0 3.35%
FORT SMITH, AR-OK 1 $1,805,000 $1,805,000 $0 3.46%
KALAMAZOO-PORTAGE, MI 1 $1,695,000 $1,695,000 $0 3.45%
MUSKEGON, MI 1 $1,535,000 $1,535,000 $0 2.50%
DAPHNE-FAIRHOPE-FOLEY, AL 1 $1,395,000 $1,395,000 $0 5.03%
ELIZABETHTOWN-FORT KNOX, KY 1 $1,025,000 $1,025,000 $0 3.50%
MORRISTOWN, TN 1 $885,000 $885,000 $0 3.18%
GRAND FORKS, ND-MN 1 $575,000 $575,000 $0 3.21%

Berkadia Commercial Mortgage 's top markets include Atlanta, Washington, New York, Houston, and Las Vegas among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 626 $8,823,920,000 $14,095,719
2.5-3% 500 $10,627,550,000 $21,255,100
<2.5% 93 $1,978,205,000 $21,271,022
4-5% 81 $741,605,000 $9,155,617
5-6% 7 $24,415,000 $3,487,857

During 2020, Berkadia Commercial Mortgage 's average interest rate was 4.00%, while their most frequently originated rate bucket was 3-4%, with 626 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$1MM+ 1,284 $22,177,130,000 $17,271,908 $0 3.16%
$600k-1MM 19 $16,675,000 $877,632 $0 3.22%
$400k-600k 3 $1,535,000 $511,667 $0 3.45%
$200k-400k 1 $355,000 $355,000 $0 3.35%

2020 saw Berkadia Commercial Mortgage place emphasis on $1MM+ loans with 1,284 originations, totaling $22,177,130,000 in origination value.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Not applicable 1,307 $22,195,695,000 $16,982,169 $0 3.16%

Approval Rates

Total approvals of all applications
99.57%

Berkadia Commercial 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
96.03%

Berkadia Commercial Mortgage has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

Points and Fees

Points Originations Total Value Average Loan
NA 1,307 $22,195,695,000 $16,982,169

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 1,307 $22,195,695,000 $16,982,169

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 15 $101,885,000 $6,792,333 $0 3.58%
40-60% 145 $2,237,905,000 $15,433,828 $0 2.92%
60-80% 831 $13,645,155,000 $16,420,162 $0 3.19%
80-100% 255 $4,739,995,000 $18,588,216 $0 3.14%
Over 100% 47 $1,368,585,000 $29,118,830 $0 3.09%
Under 20% 9 $30,395,000 $3,377,222 $0 4.28%