First Home Mortgage Corporation Rates, Fees & Info

LUTHERVILLE TIMONIUM, MD

LEI: 549300GPO6DWUZR4UY30

Tax ID: 52-1696740

2.7 stars - out of 5 stars, based on 124 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    First Home Mortgage Corporation is a mid-sized mortgage company specializing in Home Purchase and Refi loans. First Home Mortgage Corporation 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: Washington, Baltimore, California, Salisbury, and Providence among others. We have data for 109 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Home Mortgage Corporation 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. First Home Mortgage Corporation is typically a high 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.70% 10/3/22
    30 Year Conventional Refi 6.57% 10/3/22
    30 Year Cash-out Refi 6.82% 10/3/22
    30 Year FHA Purchase 7.59% 10/3/22
    30 Year FHA Refi 7.24% 10/3/22
    30 Year VA Purchase 6.25% 10/3/22
    30 Year VA Refi 5.93% 10/3/22
    30 Year USDA Purchase 6.82% 10/3/22
    30 Year USDA Refi 6.67% 10/3/22
    15 Year Conventional Purchase 6.34% 10/3/22
    15 Year Conventional Refi 6.26% 10/3/22
    15 Year Cash-out Refi 6.26% 10/3/22
    15 Year FHA Purchase 7.35% 10/3/22
    15 Year FHA Refi 7.07% 10/3/22
    15 Year VA Purchase 6.06% 10/3/22
    15 Year VA Refi 5.91% 10/3/22
    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.


    Originations

    15,382

    Origination Dollar Volume (All Markets)

    $5,681,740,000
    Show all (5) awards

    Relative Rate

    First Home Mortgage Corporation's average 30 year fixed mortgage rate was 3.09%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.06%.

    Relative Fees (Closing Costs)

    First Home Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $7,205.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5,867 $2,577,525,000 $439,326 $7,451 3.00%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5,368 $1,860,080,000 $346,513 $7,038 3.07%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 745 $251,015,000 $336,933 $6,579 2.92%
    SALISBURY, MD-DE (FHA|USDA|VA) 534 $139,560,000 $261,348 $5,111 3.15%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 414 $118,540,000 $286,329 $6,284 3.09%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 317 $117,425,000 $370,426 $4,986 3.09%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 308 $111,060,000 $360,584 $6,622 3.04%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 316 $76,690,000 $242,690 $5,484 3.11%
    Easton, MD (FHA|USDA|VA) 188 $63,610,000 $338,351 $4,985 3.01%
    Outside of Metro Areas 236 $60,880,000 $257,966 $5,684 3.06%
    RICHMOND, VA (FHA|USDA|VA) 198 $58,070,000 $293,283 $5,217 3.03%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 91 $24,645,000 $270,824 $6,483 3.04%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 91 $21,075,000 $231,593 $5,650 3.10%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 45 $14,885,000 $330,778 $6,095 3.02%
    YORK-HANOVER, PA (FHA|USDA|VA) 55 $14,455,000 $262,818 $7,355 3.09%
    RALEIGH-CARY, NC (FHA|USDA|VA) 34 $13,340,000 $392,353 $4,721 2.91%
    Cambridge, MD (FHA|USDA|VA) 61 $13,265,000 $217,459 $5,311 3.13%
    DOVER, DE (FHA|USDA|VA) 39 $11,265,000 $288,846 $7,508 3.01%
    WORCESTER, MA-CT (FHA|USDA|VA) 41 $10,845,000 $264,512 $6,767 3.05%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 34 $8,350,000 $245,588 $4,040 3.19%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 23 $7,835,000 $340,652 $6,515 3.10%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 33 $6,695,000 $202,879 $5,826 3.11%
    GETTYSBURG, PA (FHA|USDA|VA) 24 $6,170,000 $257,083 $6,850 3.04%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 20 $5,970,000 $298,500 $3,646 3.13%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 12 $4,700,000 $391,667 $7,227 3.07%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $4,520,000 $282,500 $5,203 3.29%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $3,990,000 $399,000 $6,797 3.24%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $3,475,000 $315,909 $5,412 3.06%
    WINCHESTER, VA-WV (FHA|USDA|VA) 12 $3,250,000 $270,833 $5,906 2.99%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $3,055,000 $277,727 $7,189 2.99%
    WILMINGTON, NC (FHA|USDA|VA) 9 $3,015,000 $335,000 $4,484 3.26%
    Key West, FL (FHA|USDA|VA) 3 $2,775,000 $925,000 $14,201 3.04%
    ASHEVILLE, NC (FHA|USDA|VA) 8 $2,740,000 $342,500 $3,647 2.97%
    Boone, NC (FHA|USDA|VA) 10 $2,730,000 $273,000 $4,561 3.11%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $2,695,000 $539,000 $9,567 2.93%
    Georgetown, SC (FHA|USDA|VA) 5 $2,535,000 $507,000 $5,699 3.13%
    JACKSONVILLE, FL (FHA|USDA|VA) 9 $2,415,000 $268,333 $5,855 2.90%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $2,215,000 $246,111 $5,985 2.89%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 7 $2,045,000 $292,143 $4,331 2.73%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 12 $1,990,000 $165,833 $5,800 3.28%
    PITTSBURGH, PA (FHA|USDA|VA) 11 $1,755,000 $159,545 $4,047 3.36%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,710,000 $285,000 $4,705 3.02%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,685,000 $337,000 $6,309 3.23%
    SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,540,000 $256,667 $5,291 3.27%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,435,000 $287,000 $7,135 3.10%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,270,000 $317,500 $10,441 3.06%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $1,210,000 $302,500 $8,911 2.91%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,115,000 $223,000 $6,735 3.78%
    North Wilkesboro, NC (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,314 3.33%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $1,090,000 $272,500 $5,394 3.41%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $1,075,000 $358,333 $5,805 3.29%
    LYNCHBURG, VA (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,165 2.97%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,000,000 $500,000 $5,934 3.25%
    HARRISONBURG, VA (FHA|USDA|VA) 5 $965,000 $193,000 $5,452 2.90%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $955,000 $318,333 $6,713 2.83%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $810,000 $405,000 $5,746 2.94%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $805,000 $268,333 $6,610 3.08%
    SAVANNAH, GA (FHA|USDA|VA) 2 $800,000 $400,000 $5,810 2.94%
    ROANOKE, VA (FHA|USDA|VA) 3 $765,000 $255,000 $5,771 2.67%
    STAUNTON, VA (FHA|USDA|VA) 3 $735,000 $245,000 $5,731 2.79%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $695,000 $231,667 $1,996 2.79%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $675,000 $675,000 $7,420 3.50%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $595,000 $198,333 $3,214 3.04%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $595,000 $198,333 $4,879 2.92%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $570,000 $285,000 $5,561 3.13%
    READING, PA (FHA|USDA|VA) 2 $570,000 $285,000 $5,022 2.75%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $545,000 $545,000 $14,583 2.88%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $545,000 $545,000 $5,195 3.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $545,000 $545,000 $10,059 3.50%
    COLUMBIA, SC (FHA|USDA|VA) 2 $540,000 $270,000 $7,039 3.19%
    Lebanon, NH-VT (FHA|USDA|VA) 2 $530,000 $265,000 $4,540 3.19%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $505,000 $168,333 $3,826 3.50%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $505,000 $505,000 $6,377 2.88%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $500,000 $250,000 $6,227 3.56%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $495,000 $495,000 $3,658 2.13%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $470,000 $235,000 $4,424 2.75%
    NEW BERN, NC (FHA|USDA|VA) 2 $450,000 $225,000 $4,666 2.81%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $430,000 $215,000 $3,950 3.25%
    Forest City, NC (FHA|USDA|VA) 2 $420,000 $210,000 $3,331 3.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $405,000 $405,000 $8,205 2.88%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $395,000 $395,000 $3,661 3.75%
    ALBANY, GA (FHA|USDA|VA) 1 $395,000 $395,000 $3,443 2.25%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $385,000 $385,000 $4,875 3.38%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $355,000 $355,000 $15,281 2.25%
    FLORENCE, SC (FHA|USDA|VA) 2 $350,000 $175,000 $3,065 2.88%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $350,000 $175,000 $5,495 3.06%
    Cullowhee, NC (FHA|USDA|VA) 1 $295,000 $295,000 $5,002 3.63%
    Elizabeth City, NC (FHA|USDA|VA) 1 $285,000 $285,000 $2,998 2.25%
    Selinsgrove, PA (FHA|USDA|VA) 1 $275,000 $275,000 $9,865 2.75%
    Big Stone Gap, VA (FHA|USDA|VA) 1 $275,000 $275,000 $8,686 3.25%
    Lewisburg, PA (FHA|USDA|VA) 1 $255,000 $255,000 $9,635 2.50%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $255,000 $255,000 $11,684 3.00%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $255,000 $255,000 $2,690 2.63%
    Laconia, NH (FHA|USDA|VA) 1 $255,000 $255,000 $6,473 4.00%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $215,000 $215,000 $7,304 3.00%
    Sanford, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,387 3.63%
    OCALA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $7,630 2.63%
    Brevard, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,896 3.25%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $185,000 $185,000 $6,109 3.25%
    Orangeburg, SC (FHA|USDA|VA) 1 $175,000 $175,000 $6,414 3.63%
    Somerset, PA (FHA|USDA|VA) 1 $175,000 $175,000 $6,646 3.50%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $6,500 2.88%
    Meadville, PA (FHA|USDA|VA) 1 $165,000 $165,000 $9,856 3.50%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,519 3.38%
    ERIE, PA (FHA|USDA|VA) 1 $145,000 $145,000 $7,107 3.25%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $135,000 $135,000 $5,387 3.13%
    LANCASTER, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,890 3.38%
    Morehead City, NC (FHA|USDA|VA) 1 $135,000 $135,000 $4,159 3.00%
    Wilson, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,523 2.75%

    First Home Mortgage Corporation's top markets include Washington, Baltimore, California, Salisbury, and Providence among others.

    Similar Lenders

    We use machine learning to identify the top lenders compared against FIRST HOME MORTGAGE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    POINT BREEZE
    Similarity Rank: 63
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    Homestar Mortgage, Inc.
    Similarity Rank: 156
    DADE COUNTY FEDERAL CREDIT UNION
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    Middlesex Savings Bank
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    FALL RIVER MUNICIPAL CREDIT UNION
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    OCEAN STATE CREDIT UNION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 11,063 $4,070,865,000 $367,971 $5,798 3.08%
    FHA 2,127 $651,675,000 $306,382 $10,756 3.16%
    VA 1,793 $852,205,000 $475,296 $9,422 2.67%
    USDA 399 $106,995,000 $268,158 $7,082 2.93%

    For 2021, First Home Mortgage Corporation's most frequently originated type of loan was Conventional, with 11,063 originations. Their 2nd most popular type was FHA, with 2,127 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,347 $3,560,165,000 $380,889 $7,913 3.11%
    Refi 4,447 $1,584,065,000 $356,210 $5,098 2.85%
    Cash Out Refi 1,518 $520,040,000 $342,582 $6,318 3.12%
    Other 37 $10,725,000 $289,865 $5,381 3.21%
    Home Improvement 33 $6,745,000 $204,394 $4,585 3.18%

    For 2021, First Home Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 9,347 originations. The 2nd most popular reason was Refi, with 4,447 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 13,674 $5,187,570,000 $379,375 $7,205 3.09%
    15 Year 1,148 $323,480,000 $281,777 $4,288 2.49%
    20 Year 358 $113,380,000 $316,704 $4,540 2.87%
    Other 108 $39,130,000 $362,315 $4,395 3.10%
    10 Year 94 $18,180,000 $193,404 $3,078 2.47%

    For 2021, First Home Mortgage Corporation's most frequently cited loan duration was 30 Year, with 13,674 originations. The 2nd most popular length was 15 Year, with 1,148 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 8,129 $2,848,435,000 $350,404
    $5k+ 1,904 $963,550,000 $506,066
    $2k-3k 1,804 $527,230,000 $292,256
    $<1k 1,383 $598,225,000 $432,556
    $3k-4k 1,214 $394,790,000 $325,198
    $4k-5k 948 $349,510,000 $368,681

    First Home Mortgage Corporation's average total fees were $7,205, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 8,129 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 6,781 $2,330,875,000 $343,736
    2.5-3% 6,292 $2,501,770,000 $397,611
    <2.5% 2,032 $783,140,000 $385,404
    4-5% 266 $65,370,000 $245,752
    5-6% 7 $155,000 $22,143
    6-7% 2 $270,000 $135,000
    7-8% 2 $160,000 $80,000

    During 2021, First Home Mortgage Corporation's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 3-4%, with 6,781 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 8,008 $2,375,750,000 $296,672 $6,091 3.06%
    $400k-600k 3,637 $1,759,725,000 $483,840 $7,950 2.98%
    $100k-200k 2,031 $327,935,000 $161,465 $4,635 3.16%
    $600k-1MM 1,287 $940,555,000 $730,812 $10,679 2.93%
    $100,000 or less 221 $12,705,000 $57,489 $3,001 2.82%
    $1MM+ 198 $265,070,000 $1,338,737 $14,783 2.81%

    2021 saw First Home Mortgage Corporation place emphasis on $200k-400k loans with 8,008 originations, totaling $2,375,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,678 $1,376,800,000 $374,334 $7,319 3.06%
    $50k-75k 3,061 $783,875,000 $256,085 $6,238 3.11%
    $150k-250k 2,877 $1,363,665,000 $473,989 $7,393 3.01%
    $75k-100k 2,759 $873,585,000 $316,631 $6,678 3.08%
    $250k+ 1,276 $805,290,000 $631,105 $7,980 2.95%
    $50k or less 1,010 $189,250,000 $187,376 $5,723 3.13%

    First Home Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 3,678 originations. The second most popular income band? $50k-75k, with 3,061 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,268 $1,231,190,000 $376,741 $6,227 3.01%
    30-36% 2,827 $1,044,225,000 $369,376 $6,713 3.07%
    <20% 1,140 $455,920,000 $399,930 $5,633 2.89%
    50-60% 669 $251,115,000 $375,359 $11,036 2.99%
    44% 642 $215,530,000 $335,717 $7,119 3.15%
    42% 607 $221,765,000 $365,346 $7,052 3.13%
    43% 603 $203,255,000 $337,073 $7,335 3.11%
    41% 586 $207,540,000 $354,164 $7,128 3.13%
    40% 584 $217,870,000 $373,065 $7,454 3.13%
    38% 525 $189,575,000 $361,095 $6,680 3.12%
    39% 522 $193,020,000 $369,770 $6,985 3.11%
    37% 486 $176,520,000 $363,210 $6,779 3.10%
    36% 472 $175,200,000 $371,186 $7,316 3.13%
    45% 416 $146,160,000 $351,346 $7,566 3.09%
    49% 368 $125,420,000 $340,815 $6,959 3.07%
    48% 353 $125,205,000 $354,688 $7,734 3.14%
    46% 331 $119,025,000 $359,592 $7,456 3.06%
    47% 314 $109,390,000 $348,376 $8,083 3.11%
    >60% 23 $15,265,000 $663,696 $17,589 2.73%

    First Home Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 3,268 originations. The next most common DTI ratio? 30-36%, with 2,827 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,070 $3,758,990,000 $373,286 $6,542 3.01%
    Black 2,707 $901,985,000 $333,205 $7,874 3.16%
    Not provided 1,940 $758,930,000 $391,201 $7,508 3.02%
    Asian 556 $219,690,000 $395,126 $6,204 3.00%
    American Indian 66 $24,240,000 $367,273 $7,332 3.07%
    Asian Indian 12 $7,580,000 $631,667 $7,466 3.09%
    Native Hawaiian or Islander 14 $3,760,000 $268,571 $4,953 3.00%
    Other Asian 7 $2,495,000 $356,429 $7,209 2.93%
    Filipino 6 $2,400,000 $400,000 $7,366 3.06%
    Vietnamese 1 $665,000 $665,000 $13,598 3.25%
    Chinese 2 $660,000 $330,000 $4,478 3.81%
    Other Pacific Islander 1 $345,000 $345,000 $8,875 3.75%

    Approval Rates

    Total approvals of all applications
    97.52%

    First Home Mortgage Corporation 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
    85.50%

    First Home Mortgage Corporation has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 15,382 $5,681,740,000 $369,376

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    15,382 $5,681,740,000 $369,376

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 319 $79,015,000 $247,696 $4,249 2.82%
    40-60% 1,333 $444,645,000 $333,567 $4,832 2.86%
    60-80% 4,310 $1,638,230,000 $380,100 $5,740 3.07%
    80-100% 8,290 $3,057,600,000 $368,830 $7,620 3.12%
    Over 100% 461 $223,385,000 $484,566 $17,395 2.80%
    Under 20% 104 $5,150,000 $49,519 $1,251 2.10%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST HOME MORTGAGE CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 10.0%
    FIRST HOME MORTGAGE CORPORATION Conventional home mortgage Closing on a mortgage 1 10.0%
    FIRST HOME MORTGAGE CORPORATION Other type of mortgage Closing on a mortgage 1 10.0%
    FIRST HOME MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 7 70.0%