Waterstone Mortgage Corporation Rates, Fees & Info

Pewaukee, WI

LEI: 549300GRGZDEH4ZGQS06

Tax ID: 39-2001010

3.02 stars - out of 5 stars, based on 138 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Waterstone Mortgage Corporation is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Waterstone 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 include Albuquerque, Orlando, Phoenix, Minneapolis, and Boise City 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. Waterstone Mortgage Corporation is typically an average fee lendor.


Originations

19,071

Origination Dollar Volume (All Markets)

$4,467,015,000
Show all (13) awards

Relative Rate

Waterstone Mortgage Corporation's average 30 year fixed rate mortgage of loans were 3.42%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of 0.06%.

Relative Fees

Waterstone Mortgage Corporation's average total fees for a 30 year fixed rate mortgage are $5,512.

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.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ALBUQUERQUE, NM (FHA|USDA|VA) 2,953 $587,065,000 $198,803 $4,377 3.67%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1,603 $429,815,000 $268,132 $5,792 3.32%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,472 $403,600,000 $274,185 $5,605 3.21%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1,310 $351,720,000 $268,489 $5,313 3.25%
Outside of Metro Areas 1,392 $273,860,000 $196,739 $5,133 3.33%
BOISE CITY, ID (FHA|USDA|VA) 718 $176,630,000 $246,003 $6,566 3.33%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 572 $142,620,000 $249,336 $2,976 3.38%
SANTA FE, NM (FHA|USDA|VA) 433 $140,825,000 $325,231 $4,716 3.42%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 422 $140,360,000 $332,607 $7,707 3.18%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 373 $113,105,000 $303,231 $6,773 3.24%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 857 $104,055,000 $121,418 $5,589 3.47%
TULSA, OK (FHA|USDA|VA) 453 $98,915,000 $218,355 $4,749 3.20%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 300 $93,280,000 $310,933 $5,356 3.20%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 318 $81,190,000 $255,314 $5,167 3.30%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 261 $68,215,000 $261,360 $6,398 3.40%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 251 $64,005,000 $255,000 $4,293 3.24%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 197 $62,045,000 $314,949 $6,609 3.55%
FARMINGTON, NM (FHA|USDA|VA) 355 $61,385,000 $172,915 $4,805 3.59%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 183 $58,215,000 $318,115 $5,254 3.26%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 220 $57,970,000 $263,500 $6,034 3.20%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 240 $51,380,000 $214,083 $5,408 3.40%
APPLETON, WI (FHA|USDA|VA) 301 $45,915,000 $152,542 $3,642 3.32%
SALISBURY, MD-DE (FHA|USDA|VA) 116 $38,940,000 $335,690 $4,839 3.53%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 147 $38,435,000 $261,463 $6,083 3.32%
GREEN BAY, WI (FHA|USDA|VA) 235 $35,465,000 $150,915 $3,051 3.35%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 113 $32,015,000 $283,319 $6,374 3.38%
SALEM, OR (FHA|USDA|VA) 120 $31,970,000 $266,417 $6,909 3.42%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 142 $31,560,000 $222,254 $3,936 3.29%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 90 $26,800,000 $297,778 $7,833 3.14%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 109 $25,615,000 $235,000 $6,219 3.35%
LAS CRUCES, NM (FHA|USDA|VA) 167 $25,475,000 $152,545 $4,521 3.95%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 93 $25,205,000 $271,022 $5,759 3.34%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 183 $25,135,000 $137,350 $3,761 3.35%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 89 $23,505,000 $264,101 $4,259 3.19%
CEDAR RAPIDS, IA (FHA|USDA|VA) 120 $21,670,000 $180,583 $4,754 3.17%
BLOOMINGTON, IL (FHA|USDA|VA) 123 $21,505,000 $174,837 $4,512 3.11%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 100 $19,980,000 $199,800 $6,589 3.37%
EL PASO, TX (FHA|USDA|VA) 98 $18,560,000 $189,388 $5,856 3.32%
JACKSON, MI (FHA|USDA|VA) 100 $17,970,000 $179,700 $3,084 3.39%
STAUNTON, VA (FHA|USDA|VA) 80 $16,860,000 $210,750 $6,027 3.37%
OCALA, FL (FHA|USDA|VA) 93 $16,405,000 $176,398 $6,675 3.54%
PANAMA CITY, FL (FHA|USDA|VA) 77 $16,295,000 $211,623 $6,444 3.06%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 39 $13,435,000 $344,487 $4,094 3.09%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 39 $12,865,000 $329,872 $6,463 3.35%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 52 $12,040,000 $231,538 $6,200 3.29%
OKLAHOMA CITY, OK (FHA|USDA|VA) 53 $11,855,000 $223,679 $4,826 3.25%
WAUSAU-WESTON, WI (FHA|USDA|VA) 72 $10,240,000 $142,222 $5,118 3.09%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 43 $9,825,000 $228,488 $4,786 3.34%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 22 $8,460,000 $384,545 $8,763 3.10%
PORT ST. LUCIE, FL (FHA|USDA|VA) 30 $7,920,000 $264,000 $6,170 3.25%
RICHMOND, VA (FHA|USDA|VA) 28 $7,830,000 $279,643 $6,342 3.23%
AKRON, OH (FHA|USDA|VA) 46 $7,810,000 $169,783 $5,747 3.71%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 47 $7,105,000 $151,170 $5,866 3.39%
TEXARKANA, TX-AR (FHA|USDA|VA) 32 $6,600,000 $206,250 $6,254 3.29%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 28 $6,470,000 $231,071 $5,069 3.35%
ELGIN, IL (FHA|USDA|VA) 26 $6,260,000 $240,769 $4,900 3.19%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 26 $6,190,000 $238,077 $5,949 3.42%
DOVER, DE (FHA|USDA|VA) 26 $6,160,000 $236,923 $6,957 3.70%
TUCSON, AZ (FHA|USDA|VA) 23 $5,735,000 $249,348 $5,299 3.34%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 20 $5,500,000 $275,000 $3,899 3.27%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 19 $5,405,000 $284,474 $5,519 3.19%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 18 $5,400,000 $300,000 $4,406 3.20%
JACKSONVILLE, FL (FHA|USDA|VA) 19 $5,235,000 $275,526 $4,505 3.10%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 14 $4,960,000 $354,286 $7,482 3.46%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 11 $4,935,000 $448,636 $8,783 3.03%
ST. LOUIS, MO-IL (FHA|USDA|VA) 23 $4,685,000 $203,696 $3,482 3.77%
RACINE, WI (FHA|USDA|VA) 19 $4,365,000 $229,737 $3,881 3.64%
PEORIA, IL (FHA|USDA|VA) 29 $4,215,000 $145,345 $5,279 3.31%
ST. CLOUD, MN (FHA|USDA|VA) 28 $4,200,000 $150,000 $4,774 3.28%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 18 $4,140,000 $230,000 $5,915 3.12%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 10 $3,880,000 $388,000 $9,078 3.23%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 12 $3,680,000 $306,667 $5,696 3.19%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 10 $3,360,000 $336,000 $3,995 3.23%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 23 $3,015,000 $131,087 $6,352 3.73%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 9 $2,915,000 $323,889 $3,757 2.85%
FLAGSTAFF, AZ (FHA|USDA|VA) 9 $2,755,000 $306,111 $7,533 3.11%
ALBANY-LEBANON, OR (FHA|USDA|VA) 11 $2,685,000 $244,091 $6,393 3.22%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $2,560,000 $256,000 $6,101 3.14%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 5 $2,525,000 $505,000 $4,818 3.00%
IOWA CITY, IA (FHA|USDA|VA) 12 $2,440,000 $203,333 $5,939 3.07%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $2,400,000 $300,000 $8,211 3.23%
LYNCHBURG, VA (FHA|USDA|VA) 13 $2,285,000 $175,769 $5,141 3.11%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $2,245,000 $320,714 $5,962 3.32%
EAU CLAIRE, WI (FHA|USDA|VA) 12 $2,230,000 $185,833 $5,565 3.07%
COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $2,180,000 $272,500 $5,464 3.08%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $2,140,000 $356,667 $5,460 3.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 12 $2,110,000 $175,833 $5,592 3.39%
PUNTA GORDA, FL (FHA|USDA|VA) 10 $2,090,000 $209,000 $7,440 3.46%
WILMINGTON, NC (FHA|USDA|VA) 6 $2,080,000 $346,667 $4,370 3.69%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 7 $2,015,000 $287,857 $4,137 3.39%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $1,975,000 $219,444 $5,180 3.38%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 6 $1,970,000 $328,333 $3,111 3.73%
FOND DU LAC, WI (FHA|USDA|VA) 17 $1,895,000 $111,471 $2,996 3.45%
GAINESVILLE, FL (FHA|USDA|VA) 9 $1,895,000 $210,556 $5,951 3.49%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,830,000 $305,000 $5,681 3.15%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 7 $1,805,000 $257,857 $5,159 3.48%
CANTON-MASSILLON, OH (FHA|USDA|VA) 10 $1,740,000 $174,000 $5,811 3.18%
MADISON, WI (FHA|USDA|VA) 7 $1,715,000 $245,000 $5,172 2.98%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 5 $1,715,000 $343,000 $11,501 3.55%
SHEBOYGAN, WI (FHA|USDA|VA) 15 $1,635,000 $109,000 $3,613 3.33%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,620,000 $405,000 $4,594 3.03%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 4 $1,610,000 $402,500 $5,115 3.28%
PHILADELPHIA, PA (FHA|USDA|VA) 3 $1,605,000 $535,000 $7,143 3.54%
TWIN FALLS, ID (FHA|USDA|VA) 10 $1,590,000 $159,000 $6,489 3.65%
GARY, IN (FHA|USDA|VA) 7 $1,585,000 $226,429 $3,913 3.93%
DULUTH, MN-WI (FHA|USDA|VA) 10 $1,540,000 $154,000 $4,858 3.34%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,510,000 $251,667 $4,579 3.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $1,470,000 $245,000 $6,771 3.71%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 7 $1,445,000 $206,429 $5,133 3.07%
SALT LAKE CITY, UT (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,141 3.13%
FORT WAYNE, IN (FHA|USDA|VA) 6 $1,360,000 $226,667 $4,787 3.23%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 4 $1,350,000 $337,500 $4,502 3.03%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 7 $1,335,000 $190,714 $4,611 3.61%
PITTSBURGH, PA (FHA|USDA|VA) 6 $1,280,000 $213,333 $6,355 3.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,270,000 $317,500 $4,798 3.34%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,240,000 $310,000 $5,285 3.09%
PROVO-OREM, UT (FHA|USDA|VA) 4 $1,230,000 $307,500 $4,465 3.31%
BOULDER, CO (FHA|USDA|VA) 3 $1,175,000 $391,667 $4,168 3.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 7 $1,115,000 $159,286 $5,131 3.07%
ANN ARBOR, MI (FHA|USDA|VA) 6 $1,110,000 $185,000 $4,516 3.77%
CORPUS CHRISTI, TX (FHA|USDA|VA) 5 $1,105,000 $221,000 $7,376 3.15%
IDAHO FALLS, ID (FHA|USDA|VA) 5 $1,105,000 $221,000 $9,142 3.18%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,085,000 $217,000 $5,543 3.45%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,075,000 $358,333 $3,990 3.33%
DOTHAN, AL (FHA|USDA|VA) 4 $1,060,000 $265,000 $9,386 3.22%
Outside of Metro Areas 2 $1,040,000 $520,000 $9,924 3.69%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $1,040,000 $260,000 $3,878 3.09%
HARRISONBURG, VA (FHA|USDA|VA) 5 $1,005,000 $201,000 $4,216 2.95%
ROANOKE, VA (FHA|USDA|VA) 5 $975,000 $195,000 $4,849 3.18%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 4 $960,000 $240,000 $6,270 3.19%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $935,000 $311,667 $6,425 3.17%
FORT COLLINS, CO (FHA|USDA|VA) 3 $885,000 $295,000 $5,361 3.29%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $880,000 $220,000 $6,882 3.09%
LEWISTON, ID-WA (FHA|USDA|VA) 6 $880,000 $146,667 $6,637 3.73%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $865,000 $173,000 $3,413 2.93%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $860,000 $215,000 $5,957 3.16%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $855,000 $285,000 $6,553 3.21%
ASHEVILLE, NC (FHA|USDA|VA) 3 $845,000 $281,667 $4,513 2.92%
ERIE, PA (FHA|USDA|VA) 6 $790,000 $131,667 $6,300 3.27%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 5 $775,000 $155,000 $3,618 4.05%
KNOXVILLE, TN (FHA|USDA|VA) 3 $775,000 $258,333 $6,903 2.88%
BILLINGS, MT (FHA|USDA|VA) 2 $770,000 $385,000 $3,571 3.06%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $740,000 $370,000 $9,606 2.94%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $730,000 $365,000 $13,414 2.94%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 8 $710,000 $88,750 $3,494 3.44%
COLUMBUS, OH (FHA|USDA|VA) 6 $710,000 $118,333 $4,603 3.96%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $705,000 $235,000 $5,622 3.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $700,000 $350,000 $9,191 3.00%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 2 $670,000 $335,000 $2,474 2.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $665,000 $221,667 $4,321 2.79%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $660,000 $330,000 $12,447 2.81%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $650,000 $325,000 $3,317 2.69%
RENO, NV (FHA|USDA|VA) 2 $630,000 $315,000 $3,472 3.25%
BEND, OR (FHA|USDA|VA) 2 $630,000 $315,000 $10,005 3.31%
LUBBOCK, TX (FHA|USDA|VA) 3 $615,000 $205,000 $5,651 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $610,000 $305,000 $5,080 3.06%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 1 $595,000 $595,000 $3,839 3.00%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $590,000 $295,000 $3,363 3.38%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $580,000 $290,000 $3,007 2.75%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 4 $570,000 $142,500 $4,576 3.69%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $560,000 $280,000 $4,640 2.69%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $550,000 $275,000 $7,928 3.13%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $515,000 $515,000 $8,517 3.25%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $500,000 $250,000 $5,128 3.44%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $495,000 $495,000 $7,434 3.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $495,000 $165,000 $5,799 3.38%
ANCHORAGE, AK (FHA|USDA|VA) 1 $495,000 $495,000 $3,558 3.63%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $460,000 $230,000 $4,613 2.94%
MIDLAND, TX (FHA|USDA|VA) 2 $460,000 $230,000 $8,530 2.81%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $450,000 $225,000 $2,751 3.06%
MODESTO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $5,435 3.25%
COEUR D'ALENE, ID (FHA|USDA|VA) 2 $430,000 $215,000 $5,031 2.25%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $420,000 $210,000 $5,241 3.06%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $420,000 $210,000 $11,203 3.44%
MONTGOMERY, AL (FHA|USDA|VA) 1 $405,000 $405,000 $5,384 4.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $395,000 $395,000 $17,505 3.25%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $390,000 $195,000 $8,036 2.81%
BATTLE CREEK, MI (FHA|USDA|VA) 2 $390,000 $195,000 $5,391 3.81%
SAVANNAH, GA (FHA|USDA|VA) 2 $390,000 $195,000 $2,774 3.44%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $385,000 $385,000 $3,446 3.75%
CHICO, CA (FHA|USDA|VA) 1 $375,000 $375,000 $2,740 3.00%
MONROE, MI (FHA|USDA|VA) 1 $365,000 $365,000 $2,617 3.13%
MISSOULA, MT (FHA|USDA|VA) 1 $365,000 $365,000 $4,415 3.00%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $365,000 $365,000 $6,833 3.63%
THE VILLAGES, FL (FHA|USDA|VA) 2 $360,000 $180,000 $3,400 2.94%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $350,000 $175,000 $5,194 3.06%
YUMA, AZ (FHA|USDA|VA) 3 $345,000 $115,000 $4,671 4.00%
FLINT, MI (FHA|USDA|VA) 1 $335,000 $335,000 $2,572 3.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $335,000 $335,000 $3,438 2.75%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 1 $315,000 $315,000 $8,675 2.88%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $2,767 2.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $315,000 $315,000 $8,653 3.63%
LANCASTER, PA (FHA|USDA|VA) 1 $295,000 $295,000 $8,308 4.13%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $295,000 $295,000 $8,496 2.88%
GREENVILLE, NC (FHA|USDA|VA) 2 $290,000 $145,000 $4,546 4.00%
TOPEKA, KS (FHA|USDA|VA) 1 $285,000 $285,000 $3,435 2.50%
BOSTON, MA (FHA|USDA|VA) 1 $285,000 $285,000 $4,078 3.50%
ROCKFORD, IL (FHA|USDA|VA) 1 $285,000 $285,000 $10,503 4.50%
BURLINGTON, NC (FHA|USDA|VA) 1 $285,000 $285,000 $5,131 2.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,479 2.75%
NEWARK, NJ-PA (FHA|USDA|VA) 1 $265,000 $265,000 $5,906 2.88%
LOGAN, UT-ID (FHA|USDA|VA) 1 $265,000 $265,000 $5,448 3.88%
FARGO, ND-MN (FHA|USDA|VA) 1 $265,000 $265,000 $6,908 3.99%
LONGVIEW, TX (FHA|USDA|VA) 1 $265,000 $265,000 $3,016 2.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $260,000 $130,000 $4,386 2.88%
KANKAKEE, IL (FHA|USDA|VA) 1 $245,000 $245,000 $6,343 3.25%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $235,000 $235,000 $1,345 2.50%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $235,000 $235,000 $3,299 3.13%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $225,000 $225,000 $3,922 3.63%
MEDFORD, OR (FHA|USDA|VA) 1 $215,000 $215,000 $7,215 3.63%
SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $7,027 3.75%
DUBUQUE, IA (FHA|USDA|VA) 1 $205,000 $205,000 $3,570 3.00%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 2 $190,000 $95,000 $5,783 4.06%
AMES, IA (FHA|USDA|VA) 1 $185,000 $185,000 $3,100 3.00%
MIDLAND, MI (FHA|USDA|VA) 1 $185,000 $185,000 $3,243 3.00%
NILES, MI (FHA|USDA|VA) 1 $185,000 $185,000 $4,098 2.75%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,730 2.75%
BRUNSWICK, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,024 3.63%
PUEBLO, CO (FHA|USDA|VA) 1 $165,000 $165,000 $3,512 4.13%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $165,000 $165,000 $3,126 3.75%
LAWTON, OK (FHA|USDA|VA) 1 $165,000 $165,000 $5,357 2.88%
POCATELLO, ID (FHA|USDA|VA) 2 $160,000 $80,000 $3,824 4.06%
AMARILLO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $1,900 3.25%
DALTON, GA (FHA|USDA|VA) 1 $155,000 $155,000 $8,551 3.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $155,000 $155,000 $3,226 3.13%
COLUMBIA, SC (FHA|USDA|VA) 1 $145,000 $145,000 $4,927 4.00%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $7,094 2.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,982 3.38%
LIMA, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,482 3.25%
TYLER, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,786 3.50%
ABILENE, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,542 2.75%
WHEELING, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $5,789 2.63%
TOLEDO, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,708 3.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $85,000 $85,000 $5,255 3.13%
DECATUR, IL (FHA|USDA|VA) 1 $75,000 $75,000 $5,068 3.00%
ODESSA, TX (FHA|USDA|VA) 1 $75,000 $75,000 $5,054 4.75%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $65,000 $65,000 $4,119 5.00%
MANSFIELD, OH (FHA|USDA|VA) 1 $55,000 $55,000 $4,881 4.75%

Waterstone Mortgage Corporation's top markets include Albuquerque, Orlando, Phoenix, Minneapolis, and Boise City among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 14,080 $3,386,330,000 $240,506 $4,299 3.39%
FHA 3,188 $617,250,000 $193,617 $8,167 3.46%
VA 1,334 $383,100,000 $287,181 $7,921 3.04%
USDA 469 $80,335,000 $171,290 $5,914 3.14%

For the 2020 period, Waterstone Mortgage Corporation's most frequently originated loan type of loans were Conventional, with 14,080 originations. Their 2nd most popular type is FHA, with 3,188 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 12,140 $2,719,360,000 $224,000 $5,773 3.49%
Refi 5,121 $1,299,765,000 $253,811 $4,042 3.11%
Cash Out Refi 1,728 $427,420,000 $247,350 $5,125 3.34%
Home Improvement 82 $20,470,000 $249,634 $5,141 3.33%

For the 2020, Waterstone Mortgage Corporation's most frequently cited loan purpose of loans were Home Purchase, with 12,140 originations. The 2nd most popular reason of loans were Refi, with 5,121 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 16,492 $3,937,290,000 $238,739 $5,512 3.42%
15 Year 1,522 $327,390,000 $215,105 $3,769 2.81%
20 Year 468 $114,530,000 $244,722 $4,065 3.19%
10 Year 349 $12,745,000 $36,519 $720 3.64%
Other 136 $33,510,000 $246,397 $3,244 3.09%
30+ year 104 $41,550,000 $399,519 $7,915 3.96%

For the 2020, Waterstone Mortgage Corporation's most frequently cited loan length of loans were 30 Year, with 16,492 originations. The 2nd most popular length of loans were 15 Year, with 1,522 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 8,084 $1,971,690,000 $243,900
$2k-3k 3,820 $776,240,000 $203,204
$3k-4k 3,512 $873,970,000 $248,853
$<1k 2,412 $392,360,000 $162,670
$5k+ 1,243 $452,755,000 $364,244

$5,512 of loans were Waterstone Mortgage Corporation's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 8,084 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 9,734 $2,361,530,000 $242,606
2.5-3% 6,393 $1,599,325,000 $250,168
4-5% 1,536 $293,580,000 $191,133
<2.5% 795 $193,175,000 $242,987
5-6% 613 $19,405,000 $31,656

During 2020, Waterstone Mortgage Corporation's average interest rate of loans were 3.42%, while their most frequently originated rate bucket of loans were 3-4%, with 9,734 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 9,037 $2,501,565,000 $276,814 $5,848 3.25%
$100k-200k 6,160 $955,580,000 $155,127 $4,691 3.33%
$100,000 or less 2,015 $89,705,000 $44,519 $2,399 4.21%
$400k-600k 1,686 $783,050,000 $464,442 $6,668 3.19%
$600k-1MM 153 $109,005,000 $712,451 $10,545 3.64%
$1MM+ 20 $28,110,000 $1,405,500 $16,426 3.44%

2020 saw Waterstone Mortgage Corporation place emphasis on $200k-400k loans with 9,037 originations, totaling $2,501,565,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 5,141 $989,425,000 $192,458 $5,258 3.41%
$50k or less 3,830 $501,650,000 $130,979 $4,575 3.59%
$100k-150k 3,698 $1,070,910,000 $289,592 $5,453 3.27%
$75k-100k 3,329 $813,375,000 $244,330 $5,554 3.31%
$150k-250k 2,131 $724,075,000 $339,782 $5,477 3.24%
$250k+ 703 $297,115,000 $422,639 $6,055 3.30%

Waterstone Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 5,141 originations. The second most popular income band? $50k or less, with 3,830 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,878 $933,420,000 $240,696 $4,692 3.24%
30-36% 3,547 $834,795,000 $235,352 $5,023 3.35%
<20% 1,252 $309,410,000 $247,133 $4,165 3.12%
44% 1,062 $239,770,000 $225,772 $5,826 3.45%
43% 850 $195,460,000 $229,953 $5,626 3.46%
42% 836 $196,090,000 $234,557 $5,746 3.48%
40% 774 $175,560,000 $226,822 $5,394 3.39%
41% 771 $184,195,000 $238,904 $5,534 3.49%
38% 767 $179,875,000 $234,518 $5,234 3.44%
39% 764 $179,720,000 $235,236 $5,536 3.44%
50-60% 740 $136,350,000 $184,257 $7,158 3.81%
37% 697 $162,935,000 $233,766 $5,199 3.37%
36% 659 $155,425,000 $235,850 $5,234 3.40%
49% 579 $133,285,000 $230,199 $6,002 3.41%
48% 442 $105,990,000 $239,796 $5,747 3.49%
45% 433 $99,185,000 $229,065 $5,371 3.53%
47% 428 $98,760,000 $230,748 $5,783 3.45%
46% 390 $87,400,000 $224,103 $5,803 3.48%
>60% 16 $3,400,000 $212,500 $5,893 4.12%

Waterstone Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 3,878 originations. The next most common DTI ratio? 30-36%, with 3,547 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 15,329 $3,563,095,000 $232,441 $5,087 3.38%
Not provided 2,269 $557,285,000 $245,608 $5,729 3.36%
Black 753 $173,865,000 $230,896 $6,742 3.40%
Asian 348 $89,610,000 $257,500 $5,556 3.24%
American Indian 275 $55,635,000 $202,309 $5,421 3.55%
Asian Indian 44 $13,470,000 $306,136 $5,395 3.16%
Other Asian 23 $6,385,000 $277,609 $4,650 3.44%
Native Hawaiian 13 $3,505,000 $269,615 $6,556 3.09%
Korean 6 $1,300,000 $216,667 $6,400 3.10%
Other Pacific Islander 5 $1,215,000 $243,000 $6,093 3.23%
Filipino 3 $835,000 $278,333 $8,253 3.04%
Japanese 2 $630,000 $315,000 $3,835 2.69%
Guamanian 1 $185,000 $185,000 $6,490 3.00%

Approval Rates

Total approvals of all applications
94.80%

Waterstone Mortgage Corporation has an average approval rate.

Pick Rate

Approvals leading to origination
74.97%

Waterstone Mortgage Corporation has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 1 $85,000 $85,000
NA 19,070 $4,466,930,000 $234,239

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 225 $26,455,000 $117,578
Single Family (1-4 Units):Site-Built 18,846 $4,440,560,000 $235,623

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 390 $64,090,000 $164,333 $3,562 3.03%
40-60% 1,538 $350,990,000 $228,212 $3,917 3.05%
60-80% 5,415 $1,413,805,000 $261,090 $4,550 3.27%
80-100% 10,411 $2,518,515,000 $241,909 $6,024 3.35%
Over 100% 376 $111,250,000 $295,878 $12,054 3.08%
Under 20% 940 $8,080,000 $8,596 $263 4.98%