Berkadia Commercial Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300GNIV169ZIHU012
Tax ID: 27-0812934
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Mortgage Data
Review & 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.Berkadia Commercial Mortgage has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year FHA Refi | 6.72% | 4/5/25 |
| 15 Year Conventional Refi | 174.67% | 4/5/25 |
| 15 Year Cash-out Refi | 174.67% | 4/5/25 |
| 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. | ||
Berkadia Commercial Mortgage Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
532Origination Dollar Volume (All Markets)
$10,401,270,000Relative Rate
Berkadia Commercial Mortgage's average 30 year fixed mortgage rate was
5.37%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -1.18%.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 532 | $10,401,270,000 | $19,551,259 | $0 | 5.59% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 475 | $9,397,025,000 | $19,783,211 | $0 | 5.65% |
| FHA | 57 | $1,004,245,000 | $17,618,333 | $0 | 5.11% |
For 2024, Berkadia Commercial Mortgage's most frequently originated type of loan was Conventional, with 475 originations. Their 2nd most popular type was FHA, with 57 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 293 | $5,901,245,000 | $20,140,768 | $0 | 5.47% |
| Other | 239 | $4,500,025,000 | $18,828,556 | $0 | 5.73% |
For 2024, Berkadia Commercial Mortgage's most frequently cited loan purpose was Refi, with 293 originations. The 2nd most popular reason was Other, with 239 originations.
Loan Duration/Length
For 2024, Berkadia Commercial Mortgage's most frequently cited loan duration was Other, with 203 originations. The 2nd most popular length was 10 Year, with 137 originations.
Interest Rates
During 2024, Berkadia Commercial Mortgage's average interest rate for loans was 5.37%, while their most frequently originated rate bucket for loans was 5-6%, with 289 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 530 | $10,399,740,000 | $19,622,151 | $0 | 5.59% |
| $600k-1MM | 2 | $1,530,000 | $765,000 | $0 | 6.78% |
2024 saw Berkadia Commercial Mortgage place emphasis on $1MM+ loans with 530 originations, totaling $10,399,740,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 532 | $10,401,270,000 | $19,551,259 | $0 | 5.59% |
Approval Rates
Total approvals of all applications99.07%
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 origination99.62%
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 | 532 | $10,401,270,000 | $19,551,259 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 532 | $10,401,270,000 | $19,551,259 |