Waterstone Mortgage Corporation Rates, Fees & Info

Pewaukee, WI

LEI: 549300GRGZDEH4ZGQS06

Tax ID: 39-2001010

5 stars - Updated: 7/20/24 - out of 5 stars, based on 87 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Waterstone Mortgage Corporation is a small mortgage company specializing in Home Purchase 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 by origination volume include: Albuquerque, Phoenix, Orlando, Deltona, and Tulsa among others. We have data for 324 markets. (Some data included below & more in-depth data is available with an active subscription.)

Waterstone 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. Waterstone 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 relatively high 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 7.01% 7/20/24
30 Year Conventional Refi 6.79% 7/20/24
30 Year Cash-out Refi 6.98% 7/20/24
30 Year FHA Purchase 7.56% 7/20/24
30 Year FHA Refi 7.35% 7/20/24
30 Year VA Purchase 6.43% 7/20/24
30 Year VA Refi 6.05% 7/20/24
30 Year USDA Purchase 6.85% 7/20/24
15 Year Conventional Purchase 6.39% 7/20/24
15 Year Conventional Refi 6.25% 7/20/24
15 Year Cash-out Refi 6.25% 7/20/24
15 Year VA Purchase 6.64% 7/20/24
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.

Waterstone Mortgage Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Waterstone Mortgage Corporation. 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

7,553

Origination Dollar Volume (All Markets)

$2,123,335,000
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Relative Rate

Waterstone Mortgage Corporation's average 30 year fixed mortgage rate was 6.44%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.04%.

Relative Fees (Closing Costs)

Waterstone Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $9,088.

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 $9,089.

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
ALBUQUERQUE, NM (FHA|USDA|VA) 1,197 $283,765,000 $237,063 $6,663 6.76%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 435 $172,075,000 $395,575 $12,862 6.55%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 524 $164,200,000 $313,359 $10,624 5.84%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 466 $111,870,000 $240,064 $9,531 5.44%
TULSA, OK (FHA|USDA|VA) 320 $78,940,000 $246,688 $8,149 6.71%
Outside of Metro Areas 315 $76,195,000 $241,889 $7,760 6.91%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 254 $73,150,000 $287,992 $9,096 5.74%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 166 $67,400,000 $406,024 $10,006 6.76%
KANSAS CITY, MO-KS (FHA|USDA|VA) 240 $64,280,000 $267,833 $5,443 6.23%
BOISE CITY, ID (FHA|USDA|VA) 167 $54,825,000 $328,293 $10,450 6.57%
SANTA FE, NM (FHA|USDA|VA) 117 $47,315,000 $404,402 $9,430 6.95%
SALISBURY, MD-DE (FHA|USDA|VA) 163 $45,935,000 $281,810 $9,942 6.67%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 123 $43,095,000 $350,366 $11,009 5.74%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 144 $37,980,000 $263,750 $8,212 5.31%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 110 $37,450,000 $340,455 $9,732 6.57%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 138 $34,240,000 $248,116 $7,295 5.86%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 118 $30,160,000 $255,593 $11,170 5.47%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 101 $29,305,000 $290,149 $9,478 5.74%
Los Alamos, NM (FHA|USDA|VA) 62 $26,600,000 $429,032 $10,232 6.79%
LAS CRUCES, NM (FHA|USDA|VA) 149 $25,895,000 $173,792 $7,141 6.59%
EL PASO, TX (FHA|USDA|VA) 75 $19,585,000 $261,133 $9,070 6.60%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 78 $19,240,000 $246,667 $7,550 6.67%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 51 $18,975,000 $372,059 $10,020 6.82%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 42 $17,110,000 $407,381 $15,115 6.83%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 40 $16,080,000 $402,000 $9,268 6.80%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 59 $15,305,000 $259,407 $9,663 6.27%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 41 $14,295,000 $348,659 $10,610 6.70%
APPLETON, WI (FHA|USDA|VA) 72 $14,070,000 $195,417 $5,436 6.62%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 46 $13,020,000 $283,043 $6,212 7.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 44 $11,250,000 $255,682 $8,476 5.73%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 33 $11,165,000 $338,333 $10,476 7.11%
PORT ST. LUCIE, FL (FHA|USDA|VA) 35 $11,095,000 $317,000 $11,305 6.07%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 26 $10,900,000 $419,231 $12,638 6.99%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 41 $10,645,000 $259,634 $9,687 5.09%
STAUNTON, VA (FHA|USDA|VA) 43 $10,595,000 $246,395 $8,508 6.76%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 35 $9,935,000 $283,857 $9,212 6.68%
ODESSA, TX (FHA|USDA|VA) 42 $9,670,000 $230,238 $10,578 7.00%
KNOXVILLE, TN (FHA|USDA|VA) 34 $8,940,000 $262,941 $9,209 6.89%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 17 $8,815,000 $518,529 $9,385 6.63%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 51 $8,535,000 $167,353 $5,554 6.58%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 24 $8,040,000 $335,000 $9,754 6.60%
JACKSONVILLE, FL (FHA|USDA|VA) 24 $7,870,000 $327,917 $13,300 6.49%
FARMINGTON, NM (FHA|USDA|VA) 44 $7,760,000 $176,364 $6,351 6.91%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 21 $7,425,000 $353,571 $8,564 6.96%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 19 $7,075,000 $372,368 $10,251 6.72%
JACKSON, MI (FHA|USDA|VA) 43 $7,075,000 $164,535 $5,023 7.00%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 25 $6,935,000 $277,400 $11,572 5.27%
OKLAHOMA CITY, OK (FHA|USDA|VA) 26 $6,290,000 $241,923 $7,056 6.81%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 22 $6,260,000 $284,545 $9,333 6.57%
CEDAR RAPIDS, IA (FHA|USDA|VA) 32 $6,160,000 $192,500 $6,756 6.59%
OCALA, FL (FHA|USDA|VA) 28 $6,040,000 $215,714 $7,862 5.20%
RICHMOND, VA (FHA|USDA|VA) 18 $5,670,000 $315,000 $8,315 6.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 13 $5,435,000 $418,077 $13,024 6.74%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 22 $5,430,000 $246,818 $7,849 6.87%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 17 $5,355,000 $315,000 $10,633 5.85%
HARRISONBURG, VA (FHA|USDA|VA) 21 $5,245,000 $249,762 $8,715 7.20%
GREEN BAY, WI (FHA|USDA|VA) 25 $4,795,000 $191,800 $5,498 6.74%
TALLAHASSEE, FL (FHA|USDA|VA) 18 $4,760,000 $264,444 $9,902 6.23%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $4,640,000 $386,667 $12,818 7.21%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 13 $4,345,000 $334,231 $9,978 6.99%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 14 $4,160,000 $297,143 $9,859 5.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 17 $4,135,000 $243,235 $8,881 6.56%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $3,990,000 $498,750 $13,321 6.50%
Española, NM (FHA|USDA|VA) 11 $3,985,000 $362,273 $12,243 6.53%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $3,905,000 $557,857 $12,796 6.64%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 6 $3,780,000 $630,000 $13,911 7.29%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 23 $3,575,000 $155,435 $6,042 6.73%
Taos, NM (FHA|USDA|VA) 10 $3,480,000 $348,000 $9,031 7.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $3,460,000 $432,500 $10,798 6.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 12 $3,320,000 $276,667 $9,563 7.09%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 10 $3,240,000 $324,000 $9,797 6.92%
Clewiston, FL (FHA|USDA|VA) 12 $3,170,000 $264,167 $13,016 6.44%
MIDLAND, TX (FHA|USDA|VA) 11 $3,135,000 $285,000 $13,293 7.03%
Concord, NH (FHA|USDA|VA) 10 $3,090,000 $309,000 $8,386 7.10%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 11 $3,085,000 $280,455 $9,822 7.14%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $3,010,000 $376,250 $10,145 6.61%
Las Vegas, NM (FHA|USDA|VA) 16 $2,990,000 $186,875 $7,427 6.97%
ROANOKE, VA (FHA|USDA|VA) 13 $2,935,000 $225,769 $8,756 6.55%
Pecos, TX (FHA|USDA|VA) 11 $2,885,000 $262,273 $12,542 6.83%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $2,880,000 $240,000 $6,437 6.55%
Alamogordo, NM (FHA|USDA|VA) 17 $2,785,000 $163,824 $4,331 7.31%
FRESNO, CA (FHA|USDA|VA) 9 $2,695,000 $299,444 $10,468 6.58%
Show Low, AZ (FHA|USDA|VA) 7 $2,645,000 $377,857 $8,572 6.29%
Lebanon, NH-VT (FHA|USDA|VA) 8 $2,590,000 $323,750 $10,806 7.33%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $2,575,000 $367,857 $14,524 6.80%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 7 $2,525,000 $360,714 $9,065 6.66%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 7 $2,285,000 $326,429 $10,531 7.07%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $2,205,000 $735,000 $23,471 6.79%
Andrews, TX (FHA|USDA|VA) 8 $2,170,000 $271,250 $11,836 6.95%
Gallup, NM (FHA|USDA|VA) 13 $2,165,000 $166,538 $6,852 6.82%
ST. LOUIS, MO-IL (FHA|USDA|VA) 7 $1,975,000 $282,143 $5,734 7.09%
WAUSAU-WESTON, WI (FHA|USDA|VA) 9 $1,955,000 $217,222 $8,793 6.08%
DOVER, DE (FHA|USDA|VA) 7 $1,885,000 $269,286 $12,149 6.86%
Greenwood, SC (FHA|USDA|VA) 10 $1,830,000 $183,000 $7,685 5.93%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,815,000 $605,000 $15,066 6.67%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,780,000 $445,000 $8,140 6.63%
PITTSBURGH, PA (FHA|USDA|VA) 3 $1,735,000 $578,333 $10,795 6.33%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 13 $1,705,000 $131,154 $5,813 7.06%
Sunbury, PA (FHA|USDA|VA) 11 $1,625,000 $147,727 $9,534 6.61%
Okeechobee, FL (FHA|USDA|VA) 7 $1,595,000 $227,857 $7,537 4.68%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,595,000 $319,000 $14,116 6.73%
SALEM, OR (FHA|USDA|VA) 4 $1,580,000 $395,000 $15,554 6.22%
Carlsbad-Artesia, NM (FHA|USDA|VA) 8 $1,550,000 $193,750 $7,549 7.33%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,520,000 $760,000 $19,197 7.38%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,520,000 $380,000 $12,121 6.69%
Sevierville, TN (FHA|USDA|VA) 4 $1,500,000 $375,000 $12,252 6.53%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,470,000 $367,500 $12,195 7.50%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $1,460,000 $365,000 $13,810 6.97%
THE VILLAGES, FL (FHA|USDA|VA) 6 $1,420,000 $236,667 $6,484 6.08%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,410,000 $352,500 $7,774 7.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,375,000 $458,333 $21,039 5.83%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,350,000 $337,500 $10,727 7.06%
Laconia, NH (FHA|USDA|VA) 4 $1,300,000 $325,000 $4,702 6.41%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,300,000 $216,667 $6,335 6.58%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 4 $1,290,000 $322,500 $14,732 6.47%
Selinsgrove, PA (FHA|USDA|VA) 6 $1,280,000 $213,333 $8,438 6.31%
FOND DU LAC, WI (FHA|USDA|VA) 10 $1,240,000 $124,000 $3,680 7.08%
Breckenridge, CO (FHA|USDA|VA) 2 $1,240,000 $620,000 $5,930 6.13%
Granbury, TX (FHA|USDA|VA) 5 $1,235,000 $247,000 $7,323 6.88%
PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,235,000 $247,000 $8,922 5.27%
Keene, NH (FHA|USDA|VA) 4 $1,200,000 $300,000 $7,878 6.97%
Payson, AZ (FHA|USDA|VA) 4 $1,190,000 $297,500 $11,698 7.09%
PANAMA CITY, FL (FHA|USDA|VA) 4 $1,180,000 $295,000 $9,424 7.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,165,000 $388,333 $13,001 7.21%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $1,145,000 $1,145,000 $8,190 7.50%
LAWRENCE, KS (FHA|USDA|VA) 3 $1,125,000 $375,000 $8,765 7.12%
Manitowoc, WI (FHA|USDA|VA) 5 $1,095,000 $219,000 $7,388 6.80%
BOULDER, CO (FHA|USDA|VA) 2 $1,080,000 $540,000 $7,425 6.94%
Shawano, WI (FHA|USDA|VA) 7 $1,075,000 $153,571 $5,552 6.48%
SPARTANBURG, SC (FHA|USDA|VA) 3 $1,055,000 $351,667 $14,283 7.25%
Ruidoso, NM (FHA|USDA|VA) 4 $1,050,000 $262,500 $11,329 7.47%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 8 $1,050,000 $131,250 $4,293 8.08%
WORCESTER, MA-CT (FHA|USDA|VA) 6 $990,000 $165,000 $6,090 4.90%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $985,000 $328,333 $7,770 6.87%
FORT COLLINS, CO (FHA|USDA|VA) 1 $955,000 $955,000 $3,895 7.13%
Cañon City, CO (FHA|USDA|VA) 3 $935,000 $311,667 $11,499 6.46%
GAINESVILLE, FL (FHA|USDA|VA) 3 $915,000 $305,000 $9,054 6.71%
ASHEVILLE, NC (FHA|USDA|VA) 2 $900,000 $450,000 $4,703 7.62%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $875,000 $875,000 $4,225 6.75%
Cullowhee, NC (FHA|USDA|VA) 3 $865,000 $288,333 $6,045 7.25%
TUCSON, AZ (FHA|USDA|VA) 3 $855,000 $285,000 $8,714 6.79%
TYLER, TX (FHA|USDA|VA) 4 $840,000 $210,000 $8,789 6.50%
Whitewater, WI (FHA|USDA|VA) 3 $835,000 $278,333 $6,585 6.63%
Silver City, NM (FHA|USDA|VA) 4 $830,000 $207,500 $9,482 6.50%
Cambridge, MD (FHA|USDA|VA) 5 $825,000 $165,000 $6,600 5.28%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $820,000 $205,000 $8,924 6.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 6 $820,000 $136,667 $5,477 4.52%
COLUMBUS, OH (FHA|USDA|VA) 2 $820,000 $410,000 $11,586 7.31%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $815,000 $271,667 $7,196 6.33%
MANHATTAN, KS (FHA|USDA|VA) 2 $810,000 $405,000 $5,600 6.69%
Stevens Point, WI (FHA|USDA|VA) 4 $800,000 $200,000 $6,792 7.19%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $800,000 $400,000 $14,901 6.56%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $790,000 $395,000 $16,195 7.31%
LYNCHBURG, VA (FHA|USDA|VA) 6 $790,000 $131,667 $5,796 7.00%
Ontario, OR-ID (FHA|USDA|VA) 3 $785,000 $261,667 $10,333 7.67%
Winona, MN (FHA|USDA|VA) 5 $765,000 $153,000 $6,066 7.73%
BOWLING GREEN, KY (FHA|USDA|VA) 5 $745,000 $149,000 $8,187 6.87%
LINCOLN, NE (FHA|USDA|VA) 1 $745,000 $745,000 $9,722 6.38%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $740,000 $370,000 $18,644 6.69%
WACO, TX (FHA|USDA|VA) 2 $740,000 $370,000 $14,338 6.56%
EAU CLAIRE, WI (FHA|USDA|VA) 2 $730,000 $365,000 $5,020 6.88%
MADERA, CA (FHA|USDA|VA) 1 $725,000 $725,000 $8,068 7.38%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $725,000 $725,000 $25,437 7.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $710,000 $355,000 $3,973 6.94%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $705,000 $705,000 $16,000 6.63%
TWIN FALLS, ID (FHA|USDA|VA) 3 $695,000 $231,667 $8,041 7.42%
Seneca, SC (FHA|USDA|VA) 2 $690,000 $345,000 $14,971 6.81%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $680,000 $340,000 $9,461 6.25%
PUEBLO, CO (FHA|USDA|VA) 2 $670,000 $335,000 $7,281 7.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $665,000 $665,000 $14,746 7.50%
Mountain Home, ID (FHA|USDA|VA) 2 $660,000 $330,000 $9,581 6.81%
Deming, NM (FHA|USDA|VA) 8 $660,000 $82,500 $3,364 5.86%
LONGVIEW, WA (FHA|USDA|VA) 1 $655,000 $655,000 $15,447 7.50%
Berlin, NH (FHA|USDA|VA) 2 $650,000 $325,000 $8,705 6.75%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $640,000 $320,000 $6,662 6.87%
Crossville, TN (FHA|USDA|VA) 1 $635,000 $635,000 $21,711 7.50%
FLORENCE, SC (FHA|USDA|VA) 2 $630,000 $315,000 $10,052 6.81%
LOUISVILLE, KY (FHA|USDA|VA) 2 $620,000 $310,000 $6,546 7.06%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $610,000 $305,000 $8,515 6.94%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $605,000 $605,000 $287 6.25%
BATTLE CREEK, MI (FHA|USDA|VA) 3 $605,000 $201,667 $10,299 7.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $595,000 $198,333 $8,147 6.79%
MOBILE, AL (FHA|USDA|VA) 2 $580,000 $290,000 $7,817 6.94%
Ada, OK (FHA|USDA|VA) 3 $575,000 $191,667 $7,401 6.13%
Palatka, FL (FHA|USDA|VA) 2 $570,000 $285,000 $15,964 6.81%
WICHITA, KS (FHA|USDA|VA) 2 $570,000 $285,000 $5,631 6.63%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $560,000 $280,000 $13,424 6.56%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $555,000 $555,000 $7,511 5.88%
Lewisburg, PA (FHA|USDA|VA) 3 $555,000 $185,000 $8,751 6.63%
COLUMBIA, SC (FHA|USDA|VA) 2 $550,000 $275,000 $11,312 6.81%
Muskogee, OK (FHA|USDA|VA) 4 $550,000 $137,500 $7,705 7.41%
Martinsville, VA (FHA|USDA|VA) 5 $545,000 $109,000 $5,150 7.23%
Nogales, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $19,841 5.63%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $540,000 $270,000 $8,559 6.38%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 4 $540,000 $135,000 $4,217 5.15%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $535,000 $535,000 $14,455 6.00%
Greenville, OH (FHA|USDA|VA) 1 $535,000 $535,000 $22,771 5.63%
Big Spring, TX (FHA|USDA|VA) 1 $525,000 $525,000 $14,638 7.13%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $515,000 $171,667 $6,294 6.17%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $515,000 $515,000 $10,433 7.25%
Beeville, TX (FHA|USDA|VA) 1 $505,000 $505,000 $8,338 6.99%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $500,000 $250,000 $7,880 7.13%
Boone, NC (FHA|USDA|VA) 1 $495,000 $495,000 $17,161 9.13%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $485,000 $485,000 $13,402 7.13%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $485,000 $485,000 $20,737 7.00%
CHARLESTON, WV (FHA|USDA|VA) 2 $480,000 $240,000 $4,765 7.75%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $480,000 $240,000 $8,889 7.00%
Brevard, NC (FHA|USDA|VA) 1 $465,000 $465,000 $17,497 8.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $460,000 $230,000 $8,651 6.56%
Shawnee, OK (FHA|USDA|VA) 2 $460,000 $230,000 $7,989 7.00%
AKRON, OH (FHA|USDA|VA) 4 $460,000 $115,000 $7,469 7.03%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $455,000 $455,000 $3,617 7.63%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $440,000 $220,000 $6,301 6.38%
Bluefield, WV-VA (FHA|USDA|VA) 2 $440,000 $220,000 $7,610 6.31%
New Castle, PA (FHA|USDA|VA) 4 $440,000 $110,000 $5,646 7.94%
MADISON, WI (FHA|USDA|VA) 2 $440,000 $220,000 $5,195 7.06%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $435,000 $435,000 $13,087 6.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $435,000 $435,000 $16,202 5.99%
LAREDO, TX (FHA|USDA|VA) 1 $425,000 $425,000 $22,650 6.13%
Ottawa, KS (FHA|USDA|VA) 3 $425,000 $141,667 $3,069 7.33%
Huntsville, TX (FHA|USDA|VA) 1 $425,000 $425,000 $18,156 8.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $420,000 $210,000 $9,698 6.38%
FORT SMITH, AR-OK (FHA|USDA|VA) 3 $415,000 $138,333 $5,467 6.63%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $415,000 $415,000 $12,073 6.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $410,000 $205,000 $8,387 6.38%
ROME, GA (FHA|USDA|VA) 1 $395,000 $395,000 $15,967 7.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $390,000 $195,000 $7,550 6.25%
Beaver Dam, WI (FHA|USDA|VA) 2 $390,000 $195,000 $7,762 6.31%
LAFAYETTE, LA (FHA|USDA|VA) 1 $385,000 $385,000 $4,731 6.50%
JACKSON, MS (FHA|USDA|VA) 1 $385,000 $385,000 $10,971 5.88%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $385,000 $385,000 $12,524 6.88%
IOWA CITY, IA (FHA|USDA|VA) 1 $385,000 $385,000 $10,876 6.50%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $380,000 $190,000 $4,715 7.69%
LUBBOCK, TX (FHA|USDA|VA) 2 $380,000 $190,000 $6,468 7.44%
Lufkin, TX (FHA|USDA|VA) 2 $380,000 $190,000 $10,092 7.06%
MISSOULA, MT (FHA|USDA|VA) 1 $375,000 $375,000 $11,012 6.63%
Brainerd, MN (FHA|USDA|VA) 1 $375,000 $375,000 $14,201 7.13%
CORVALLIS, OR (FHA|USDA|VA) 1 $375,000 $375,000 $5,586 6.88%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $370,000 $185,000 $4,234 6.94%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $365,000 $365,000 $9,635 7.25%
Marion, NC (FHA|USDA|VA) 1 $365,000 $365,000 $6,570 6.99%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $365,000 $365,000 $11,361 7.00%
MONTGOMERY, AL (FHA|USDA|VA) 3 $365,000 $121,667 $5,767 6.54%
Miami, OK (FHA|USDA|VA) 3 $365,000 $121,667 $5,342 6.38%
Jacksonville, TX (FHA|USDA|VA) 1 $355,000 $355,000 $5,311 7.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $355,000 $355,000 $12,178 5.99%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $350,000 $175,000 $6,801 6.50%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $345,000 $345,000 $10,295 6.38%
NEW BERN, NC (FHA|USDA|VA) 2 $340,000 $170,000 $5,694 6.94%
SAVANNAH, GA (FHA|USDA|VA) 1 $325,000 $325,000 $20,807 6.13%
Pahrump, NV (FHA|USDA|VA) 1 $325,000 $325,000 $6,288 6.50%
Hillsdale, MI (FHA|USDA|VA) 2 $320,000 $160,000 $5,770 7.38%
JOPLIN, MO (FHA|USDA|VA) 1 $315,000 $315,000 $3,248 6.88%
Ozark, AL (FHA|USDA|VA) 1 $315,000 $315,000 $15,556 6.13%
London, KY (FHA|USDA|VA) 1 $315,000 $315,000 $11,998 5.63%
Menomonie, WI (FHA|USDA|VA) 2 $310,000 $155,000 $7,358 6.63%
WILLIAMSPORT, PA (FHA|USDA|VA) 2 $310,000 $155,000 $7,671 6.69%
VALLEJO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $16,597 6.00%
MORRISTOWN, TN (FHA|USDA|VA) 1 $305,000 $305,000 $9,102 8.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $305,000 $305,000 $8,173 7.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $300,000 $150,000 $8,254 6.31%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $295,000 $295,000 $3,957 7.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $295,000 $295,000 $7,772 7.75%
Newport, OR (FHA|USDA|VA) 1 $285,000 $285,000 $5,785 7.75%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $285,000 $285,000 $9,283 6.38%
Bartlesville, OK (FHA|USDA|VA) 1 $285,000 $285,000 $11,967 7.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $285,000 $285,000 $9,854 7.38%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $280,000 $140,000 $6,020 6.00%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $275,000 $275,000 $6,215 6.50%
Sulphur Springs, TX (FHA|USDA|VA) 1 $275,000 $275,000 $13,347 6.00%
Athens, TN (FHA|USDA|VA) 1 $275,000 $275,000 $13,228 6.63%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $275,000 $275,000 $12,789 6.63%
BATON ROUGE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $17,290 5.63%
McPherson, KS (FHA|USDA|VA) 1 $275,000 $275,000 $8,779 7.38%
LANCASTER, PA (FHA|USDA|VA) 1 $265,000 $265,000 $8,805 7.99%
St. Marys, GA (FHA|USDA|VA) 1 $265,000 $265,000 $9,983 6.63%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $265,000 $265,000 $3,697 7.38%
ANCHORAGE, AK (FHA|USDA|VA) 1 $255,000 $255,000 $9,769 6.63%
LONGVIEW, TX (FHA|USDA|VA) 1 $255,000 $255,000 $12,306 8.00%
Newport, TN (FHA|USDA|VA) 1 $255,000 $255,000 $13,862 6.00%
Marietta, OH (FHA|USDA|VA) 1 $245,000 $245,000 $13,996 6.63%
RACINE, WI (FHA|USDA|VA) 1 $245,000 $245,000 $8,808 6.99%
Scottsbluff, NE (FHA|USDA|VA) 1 $245,000 $245,000 $10,339 6.63%
GREELEY, CO (FHA|USDA|VA) 1 $235,000 $235,000 $5,401 7.75%
DOTHAN, AL (FHA|USDA|VA) 1 $235,000 $235,000 $8,290 6.50%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $235,000 $235,000 $10,849 7.00%
REDDING, CA (FHA|USDA|VA) 1 $225,000 $225,000 $8,987 7.25%
RAPID CITY, SD (FHA|USDA|VA) 1 $225,000 $225,000 $0 8.75%
EL CENTRO, CA (FHA|USDA|VA) 1 $225,000 $225,000 $13,057 6.63%
Warrensburg, MO (FHA|USDA|VA) 1 $225,000 $225,000 $5,182 7.25%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,002 7.00%
Ponca City, OK (FHA|USDA|VA) 1 $215,000 $215,000 $9,762 6.75%
COLUMBUS, IN (FHA|USDA|VA) 1 $215,000 $215,000 $2,258 6.88%
Danville, KY (FHA|USDA|VA) 1 $205,000 $205,000 $6,638 7.99%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,228 7.13%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $205,000 $205,000 $12,947 6.13%
Stillwater, OK (FHA|USDA|VA) 2 $190,000 $95,000 $2,809 6.06%
ANN ARBOR, MI (FHA|USDA|VA) 1 $185,000 $185,000 $9,664 7.13%
Tahlequah, OK (FHA|USDA|VA) 1 $185,000 $185,000 $10,751 7.13%
Sterling, CO (FHA|USDA|VA) 1 $185,000 $185,000 $6,920 7.13%
Sedalia, MO (FHA|USDA|VA) 1 $185,000 $185,000 $7,569 7.13%
Easton, MD (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.63%
Vineyard Haven, MA (FHA|USDA|VA) 1 $175,000 $175,000 $4,011 6.99%
Thomasville, GA (FHA|USDA|VA) 1 $175,000 $175,000 $8,569 6.88%
Adrian, MI (FHA|USDA|VA) 1 $175,000 $175,000 $7,642 7.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,690 6.50%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $175,000 $175,000 $6,804 7.25%
Rutland, VT (FHA|USDA|VA) 1 $175,000 $175,000 $5,576 6.25%
Jasper, AL (FHA|USDA|VA) 1 $165,000 $165,000 $8,542 6.38%
Mineral Wells, TX (FHA|USDA|VA) 1 $165,000 $165,000 $7,787 5.88%
Baraboo, WI (FHA|USDA|VA) 1 $165,000 $165,000 $4,687 6.50%
Roswell, NM (FHA|USDA|VA) 1 $165,000 $165,000 $6,227 5.63%
Wabash, IN (FHA|USDA|VA) 1 $155,000 $155,000 $6,288 7.13%
PEORIA, IL (FHA|USDA|VA) 2 $150,000 $75,000 $3,685 3.06%
Coldwater, MI (FHA|USDA|VA) 1 $145,000 $145,000 $3,806 7.88%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $145,000 $145,000 $4,697 5.38%
TOPEKA, KS (FHA|USDA|VA) 1 $145,000 $145,000 $5,344 6.50%
Union City, TN (FHA|USDA|VA) 1 $115,000 $115,000 $5,438 6.13%
Salem, OH (FHA|USDA|VA) 2 $110,000 $55,000 $1,620 8.75%
WHEELING, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,679 7.50%
Coffeyville, KS (FHA|USDA|VA) 1 $85,000 $85,000 $5,290 7.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.63%
ROCKFORD, IL (FHA|USDA|VA) 1 $75,000 $75,000 $5,768 7.50%
Portales, NM (FHA|USDA|VA) 1 $65,000 $65,000 $3,414 6.63%
Waterstone Mortgage Corporation's top markets include Albuquerque, Phoenix, Orlando, Deltona, and Tulsa among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,857 $1,311,495,000 $270,022 $6,715 6.38%
    FHA 2,011 $566,705,000 $281,803 $12,806 6.52%
    VA 630 $232,750,000 $369,444 $12,398 6.42%
    USDA 55 $12,385,000 $225,182 $8,730 6.44%

    For 2023, Waterstone Mortgage Corporation's most frequently originated type of loan was Conventional, with 4,857 originations. Their 2nd most popular type was FHA, with 2,011 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 7,207 $2,027,545,000 $281,330 $8,829 6.39%
    Cash Out Refi 282 $78,780,000 $279,362 $10,105 7.13%
    Refi 53 $14,385,000 $271,415 $7,802 6.88%
    Home Improvement 11 $2,625,000 $238,636 $8,387 7.49%

    For 2023, Waterstone Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 7,207 originations. The 2nd most popular reason was Cash Out Refi, with 282 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 7,068 $2,021,260,000 $285,973 $9,088 6.44%
    10 Year 167 $2,135,000 $12,784 $255 4.48%
    15 Year 151 $22,565,000 $149,437 $3,955 6.73%
    30+ year 128 $63,650,000 $497,266 $14,264 7.55%
    20 Year 28 $12,970,000 $463,214 $10,643 7.26%
    5 Year 8 $40,000 $5,000 $0 0.00%
    Other 3 $715,000 $238,333 $3,904 4.54%

    For 2023, Waterstone Mortgage Corporation's most frequently cited loan duration was 30 Year, with 7,068 originations. The 2nd most popular length was 10 Year, with 167 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,662 $1,032,390,000 $387,825
    $2k-3k 1,204 $297,250,000 $246,885
    $<1k 1,134 $77,510,000 $68,351
    $4k-5k 823 $236,545,000 $287,418
    $3k-4k 805 $200,895,000 $249,559
    $1k-2k 793 $253,165,000 $319,250

    Waterstone Mortgage Corporation's average total fees were $9,088, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,662 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 3,411 $1,078,445,000 $316,167
    7-8% 2,048 $634,430,000 $309,780
    5-6% 1,086 $323,390,000 $297,781
    Over 8% 509 $66,555,000 $130,756
    <2.5% 442 $5,900,000 $13,348
    4-5% 47 $12,725,000 $270,745
    3-4% 10 $1,890,000 $189,000

    During 2023, Waterstone Mortgage Corporation's average interest rate for loans was 6.44%, while their most frequently originated rate bucket for loans was 6-7%, with 3,411 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,711 $1,073,835,000 $289,365 $10,073 6.71%
    $100k-200k 1,292 $206,090,000 $159,512 $6,438 6.74%
    $400k-600k 1,113 $531,145,000 $477,219 $13,202 6.73%
    $100,000 or less 1,046 $21,560,000 $20,612 $631 4.47%
    $600k-1MM 360 $253,270,000 $703,528 $14,065 6.87%
    $1MM+ 31 $37,435,000 $1,207,581 $21,115 6.95%

    2023 saw Waterstone Mortgage Corporation place emphasis on $200k-400k loans with 3,711 originations, totaling $1,073,835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,865 $342,285,000 $183,531 $6,861 6.18%
    $100k-150k 1,802 $560,620,000 $311,110 $10,136 6.51%
    $75k-100k 1,568 $379,240,000 $241,862 $8,767 6.28%
    $150k-250k 1,133 $475,685,000 $419,846 $11,247 6.88%
    $50k or less 691 $89,555,000 $129,602 $5,260 6.00%
    $250k+ 485 $272,775,000 $562,423 $11,906 6.98%

    Waterstone Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 1,865 originations. The second most popular income band? $100k-150k, with 1,802 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,035 $290,395,000 $280,575 $8,172 6.49%
    20-30% 761 $234,535,000 $308,193 $8,487 6.63%
    50-60% 651 $200,715,000 $308,318 $13,391 6.43%
    49% 470 $140,820,000 $299,617 $10,026 6.62%
    44% 422 $114,990,000 $272,488 $8,477 6.48%
    43% 387 $100,215,000 $258,953 $8,102 6.34%
    48% 369 $104,025,000 $281,911 $9,548 6.49%
    41% 365 $102,145,000 $279,849 $8,168 6.17%
    42% 359 $94,115,000 $262,159 $7,921 6.22%
    47% 354 $96,440,000 $272,429 $8,668 6.25%
    39% 347 $96,325,000 $277,594 $8,037 6.30%
    45% 337 $88,345,000 $262,151 $8,588 6.31%
    40% 328 $86,170,000 $262,713 $7,923 6.35%
    46% 320 $84,360,000 $263,625 $8,595 6.42%
    38% 274 $70,810,000 $258,431 $7,852 6.23%
    37% 264 $70,280,000 $266,212 $7,781 6.33%
    36% 245 $70,285,000 $286,878 $8,514 6.36%
    <20% 206 $57,420,000 $278,738 $7,558 6.73%
    >60% 49 $17,755,000 $362,347 $9,848 6.07%

    Waterstone Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 1,035 originations. The next most common DTI ratio? 20-30%, with 761 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,695 $1,579,675,000 $277,379 $8,628 6.44%
    Not provided 1,071 $323,655,000 $302,199 $9,555 6.46%
    Black 426 $118,120,000 $277,277 $10,596 5.77%
    Asian 208 $63,760,000 $306,538 $8,802 6.70%
    American Indian 113 $25,325,000 $224,115 $7,630 6.59%
    Asian Indian 14 $5,410,000 $386,429 $12,807 6.97%
    Native Hawaiian or Islander 13 $3,095,000 $238,077 $8,685 6.42%
    Other Asian 8 $2,620,000 $327,500 $7,843 6.87%
    Vietnamese 2 $760,000 $380,000 $9,744 7.68%
    Other Pacific Islander 1 $525,000 $525,000 $14,638 7.13%
    Filipino 1 $265,000 $265,000 $10,954 6.63%
    Korean 1 $125,000 $125,000 $0 5.99%

    Approval Rates

    Total approvals of all applications
    95.64%

    Waterstone 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
    69.24%

    Waterstone Mortgage Corporation has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,553 $2,123,335,000 $281,125

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,553 $2,123,335,000 $281,125

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 151 $27,585,000 $182,682 $6,086 6.90%
    40-60% 420 $114,300,000 $272,143 $7,515 6.82%
    60-80% 1,349 $448,605,000 $332,546 $9,501 6.98%
    80-100% 4,548 $1,458,150,000 $320,613 $10,315 6.66%
    Over 100% 159 $62,375,000 $392,296 $19,109 6.42%
    Under 20% 926 $12,320,000 $13,305 $213 4.16%