Waterstone Mortgage Corporation Rates, Fees & Info

Pewaukee, WI

LEI: 549300GRGZDEH4ZGQS06

Tax ID: 39-2001010

2.5 stars - Updated: 9/18/23 - out of 5 stars, based on 101 reviews

Latest/2022 | 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, Orlando, Phoenix, Youngstown, and Minneapolis among others. We have data for 359 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 an average 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.

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% 9/18/23
30 Year Conventional Refi 6.79% 9/18/23
30 Year Cash-out Refi 6.98% 9/18/23
30 Year FHA Purchase 7.56% 9/18/23
30 Year FHA Refi 7.35% 9/18/23
30 Year VA Purchase 6.43% 9/18/23
30 Year VA Refi 6.05% 9/18/23
30 Year USDA Purchase 6.85% 9/18/23
15 Year Conventional Purchase 6.39% 9/18/23
15 Year Conventional Refi 6.25% 9/18/23
15 Year Cash-out Refi 6.25% 9/18/23
15 Year VA Purchase 6.64% 9/18/23
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

10,270

Origination Dollar Volume (All Markets)

$2,787,120,000
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Relative Rate

Waterstone Mortgage Corporation's average 30 year fixed mortgage rate was 5.14%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.38%.

Relative Fees (Closing Costs)

Waterstone Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $7,820.

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
ALBUQUERQUE, NM (FHA|USDA|VA) 1,638 $392,380,000 $239,548 $6,579 5.28%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 705 $229,375,000 $325,355 $8,862 4.82%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 579 $227,815,000 $393,463 $9,911 4.73%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 861 $120,535,000 $139,994 $6,637 5.34%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 316 $107,380,000 $339,810 $8,165 4.75%
Outside of Metro Areas 407 $94,235,000 $231,536 $6,934 4.97%
TULSA, OK (FHA|USDA|VA) 371 $89,885,000 $242,278 $7,079 5.16%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 228 $87,720,000 $384,737 $8,702 5.13%
SANTA FE, NM (FHA|USDA|VA) 206 $78,850,000 $382,767 $7,310 5.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 279 $76,625,000 $274,642 $8,538 5.13%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 190 $76,420,000 $402,211 $12,005 4.61%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 170 $62,540,000 $367,882 $9,515 4.82%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 203 $61,695,000 $303,916 $8,490 4.68%
BOISE CITY, ID (FHA|USDA|VA) 174 $61,050,000 $350,862 $9,318 4.91%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 213 $53,035,000 $248,991 $7,559 4.97%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 127 $44,565,000 $350,906 $9,537 5.05%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 156 $43,270,000 $277,372 $8,173 4.49%
Los Alamos, NM (FHA|USDA|VA) 64 $28,440,000 $444,375 $9,645 4.99%
LAS CRUCES, NM (FHA|USDA|VA) 140 $27,430,000 $195,929 $6,786 5.33%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 65 $27,245,000 $419,154 $11,347 5.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 100 $27,090,000 $270,900 $4,245 4.98%
SALISBURY, MD-DE (FHA|USDA|VA) 92 $26,880,000 $292,174 $8,171 5.71%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 98 $26,780,000 $273,265 $9,719 4.79%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 56 $22,360,000 $399,286 $9,414 5.34%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 58 $22,030,000 $379,828 $7,802 5.14%
APPLETON, WI (FHA|USDA|VA) 102 $21,040,000 $206,275 $4,937 5.41%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 61 $19,195,000 $314,672 $9,125 4.93%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 34 $18,700,000 $550,000 $7,071 5.11%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 47 $18,255,000 $388,404 $12,407 4.64%
EL PASO, TX (FHA|USDA|VA) 70 $18,110,000 $258,714 $7,240 5.22%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 104 $17,130,000 $164,712 $4,312 5.23%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 48 $15,200,000 $316,667 $8,924 4.83%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 50 $15,180,000 $303,600 $7,272 4.82%
GREEN BAY, WI (FHA|USDA|VA) 76 $14,630,000 $192,500 $4,934 5.40%
STAUNTON, VA (FHA|USDA|VA) 66 $13,980,000 $211,818 $6,368 4.98%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 68 $13,320,000 $195,882 $8,617 5.45%
KANSAS CITY, MO-KS (FHA|USDA|VA) 53 $13,045,000 $246,132 $4,619 5.73%
FARMINGTON, NM (FHA|USDA|VA) 71 $12,635,000 $177,958 $5,807 5.17%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 25 $11,385,000 $455,400 $15,351 5.86%
CEDAR RAPIDS, IA (FHA|USDA|VA) 59 $10,845,000 $183,814 $6,146 5.07%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 11 $10,765,000 $978,636 $12,371 4.90%
JACKSON, MI (FHA|USDA|VA) 63 $10,675,000 $169,444 $5,027 5.29%
BLOOMINGTON, IL (FHA|USDA|VA) 85 $10,065,000 $118,412 $4,001 3.61%
PANAMA CITY, FL (FHA|USDA|VA) 35 $9,705,000 $277,286 $7,904 5.19%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 24 $8,960,000 $373,333 $9,771 5.39%
AKRON, OH (FHA|USDA|VA) 52 $8,320,000 $160,000 $7,308 5.37%
KNOXVILLE, TN (FHA|USDA|VA) 29 $8,305,000 $286,379 $6,889 5.15%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 54 $8,260,000 $152,963 $7,239 5.10%
PITTSBURGH, PA (FHA|USDA|VA) 47 $7,405,000 $157,553 $7,445 5.58%
WAUSAU-WESTON, WI (FHA|USDA|VA) 38 $7,360,000 $193,684 $6,976 5.22%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 23 $7,195,000 $312,826 $9,093 5.40%
PORT ST. LUCIE, FL (FHA|USDA|VA) 24 $6,950,000 $289,583 $9,301 5.42%
OKLAHOMA CITY, OK (FHA|USDA|VA) 27 $6,285,000 $232,778 $5,914 5.05%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 28 $6,220,000 $222,143 $5,988 5.67%
JACKSONVILLE, FL (FHA|USDA|VA) 19 $5,915,000 $311,316 $9,349 5.07%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $5,750,000 $319,444 $9,306 4.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 10 $5,680,000 $568,000 $9,058 5.20%
Salem, OH (FHA|USDA|VA) 40 $5,430,000 $135,750 $5,981 5.48%
OCALA, FL (FHA|USDA|VA) 20 $5,310,000 $265,500 $9,111 5.15%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 17 $5,275,000 $310,294 $8,747 5.31%
Gallup, NM (FHA|USDA|VA) 45 $5,225,000 $116,111 $5,055 5.78%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 17 $5,105,000 $300,294 $9,253 4.35%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 14 $4,920,000 $351,429 $9,071 4.98%
ODESSA, TX (FHA|USDA|VA) 23 $4,805,000 $208,913 $9,374 5.66%
RICHMOND, VA (FHA|USDA|VA) 14 $4,570,000 $326,429 $8,686 5.75%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $4,240,000 $353,333 $11,992 4.95%
Ashtabula, OH (FHA|USDA|VA) 29 $4,155,000 $143,276 $6,690 5.66%
Taos, NM (FHA|USDA|VA) 11 $4,005,000 $364,091 $7,982 4.94%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $3,995,000 $570,714 $11,940 5.70%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 15 $3,985,000 $265,667 $7,417 6.41%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 17 $3,835,000 $225,588 $8,662 5.43%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 9 $3,805,000 $422,778 $6,224 5.35%
Concord, NH (FHA|USDA|VA) 12 $3,620,000 $301,667 $6,851 4.87%
Española, NM (FHA|USDA|VA) 14 $3,550,000 $253,571 $6,935 4.85%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $3,410,000 $426,250 $6,811 5.13%
Stevens Point, WI (FHA|USDA|VA) 14 $3,400,000 $242,857 $8,531 5.16%
Beaver Dam, WI (FHA|USDA|VA) 19 $3,325,000 $175,000 $5,520 5.66%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $3,225,000 $460,714 $9,027 5.05%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 8 $3,120,000 $390,000 $10,152 4.88%
Pecos, TX (FHA|USDA|VA) 11 $3,015,000 $274,091 $9,439 5.24%
PEORIA, IL (FHA|USDA|VA) 31 $3,005,000 $96,935 $3,479 3.36%
Payson, AZ (FHA|USDA|VA) 11 $3,005,000 $273,182 $10,077 4.65%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,835,000 $405,000 $11,671 4.98%
PUNTA GORDA, FL (FHA|USDA|VA) 8 $2,810,000 $351,250 $9,505 5.09%
TUCSON, AZ (FHA|USDA|VA) 7 $2,785,000 $397,857 $11,784 5.07%
RACINE, WI (FHA|USDA|VA) 7 $2,755,000 $393,571 $5,471 6.36%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $2,725,000 $389,286 $8,903 5.46%
MADISON, WI (FHA|USDA|VA) 9 $2,655,000 $295,000 $7,110 5.71%
Sevierville, TN (FHA|USDA|VA) 7 $2,555,000 $365,000 $10,475 5.32%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $2,440,000 $406,667 $11,845 5.27%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 9 $2,435,000 $270,556 $6,386 5.14%
Clewiston, FL (FHA|USDA|VA) 12 $2,420,000 $201,667 $9,218 4.59%
ST. CLOUD, MN (FHA|USDA|VA) 9 $2,355,000 $261,667 $8,518 4.79%
Show Low, AZ (FHA|USDA|VA) 7 $2,355,000 $336,429 $9,759 5.20%
CANTON-MASSILLON, OH (FHA|USDA|VA) 13 $2,335,000 $179,615 $7,258 5.26%
FOND DU LAC, WI (FHA|USDA|VA) 16 $2,220,000 $138,750 $4,838 6.16%
Durango, CO (FHA|USDA|VA) 5 $2,165,000 $433,000 $3,799 4.90%
Sterling, IL (FHA|USDA|VA) 28 $2,120,000 $75,714 $3,766 3.54%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $2,080,000 $520,000 $9,706 4.72%
Andrews, TX (FHA|USDA|VA) 7 $2,065,000 $295,000 $9,978 5.71%
TEXARKANA, TX-AR (FHA|USDA|VA) 8 $2,050,000 $256,250 $5,983 4.72%
Enterprise, AL (FHA|USDA|VA) 7 $2,045,000 $292,143 $12,007 4.87%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,950,000 $325,000 $9,469 5.58%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,945,000 $277,857 $8,195 5.25%
Manitowoc, WI (FHA|USDA|VA) 14 $1,930,000 $137,857 $4,830 5.32%
Las Vegas, NM (FHA|USDA|VA) 11 $1,875,000 $170,455 $5,550 5.04%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,840,000 $460,000 $8,797 4.91%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 6 $1,780,000 $296,667 $9,703 5.10%
Mountain Home, ID (FHA|USDA|VA) 9 $1,745,000 $193,889 $6,070 5.63%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,715,000 $571,667 $5,889 5.33%
THE VILLAGES, FL (FHA|USDA|VA) 6 $1,690,000 $281,667 $8,141 5.23%
Sandpoint, ID (FHA|USDA|VA) 3 $1,675,000 $558,333 $9,835 4.75%
Hutchinson, MN (FHA|USDA|VA) 9 $1,645,000 $182,778 $4,531 4.15%
Fredericksburg, TX (FHA|USDA|VA) 3 $1,625,000 $541,667 $7,169 4.67%
Alamogordo, NM (FHA|USDA|VA) 10 $1,580,000 $158,000 $7,817 5.21%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,565,000 $313,000 $5,083 4.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $1,515,000 $303,000 $7,625 5.20%
Shawano, WI (FHA|USDA|VA) 10 $1,460,000 $146,000 $5,764 5.66%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 8 $1,450,000 $181,250 $7,087 3.73%
New Castle, PA (FHA|USDA|VA) 9 $1,435,000 $159,444 $7,458 5.01%
SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $1,410,000 $352,500 $7,276 5.03%
Sunbury, PA (FHA|USDA|VA) 9 $1,405,000 $156,111 $8,578 5.53%
LYNCHBURG, VA (FHA|USDA|VA) 8 $1,370,000 $171,250 $6,145 4.83%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 6 $1,360,000 $226,667 $8,070 4.85%
Brainerd, MN (FHA|USDA|VA) 5 $1,355,000 $271,000 $5,763 5.23%
Ruidoso, NM (FHA|USDA|VA) 6 $1,320,000 $220,000 $4,712 3.54%
Key West, FL (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $32,097 7.38%
EVANSVILLE, IN-KY (FHA|USDA|VA) 16 $1,300,000 $81,250 $4,267 4.98%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $1,280,000 $320,000 $6,775 5.47%
Ontario, OR-ID (FHA|USDA|VA) 6 $1,280,000 $213,333 $7,661 5.71%
DOVER, DE (FHA|USDA|VA) 5 $1,275,000 $255,000 $8,700 5.70%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $1,230,000 $307,500 $8,657 5.44%
Deming, NM (FHA|USDA|VA) 15 $1,225,000 $81,667 $4,357 5.57%
HARRISONBURG, VA (FHA|USDA|VA) 4 $1,220,000 $305,000 $4,460 5.94%
Outside of Metro Areas 3 $1,215,000 $405,000 $6,417 5.71%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $1,165,000 $388,333 $6,812 5.83%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $1,110,000 $277,500 $6,765 5.38%
Bartlesville, OK (FHA|USDA|VA) 5 $1,105,000 $221,000 $6,526 5.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $1,105,000 $368,333 $10,960 5.58%
COLUMBUS, OH (FHA|USDA|VA) 3 $1,075,000 $358,333 $9,537 3.50%
Breckenridge, CO (FHA|USDA|VA) 2 $1,070,000 $535,000 $7,065 5.62%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,065,000 $355,000 $10,328 5.25%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $1,055,000 $351,667 $8,971 6.04%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,040,000 $260,000 $5,264 4.91%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $1,035,000 $345,000 $8,960 5.08%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $1,000,000 $250,000 $9,823 5.28%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $985,000 $328,333 $8,457 5.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $970,000 $485,000 $12,557 5.56%
Torrington, CT (FHA|USDA|VA) 5 $965,000 $193,000 $7,521 6.03%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 4 $960,000 $240,000 $5,090 4.56%
Whitewater, WI (FHA|USDA|VA) 5 $955,000 $191,000 $4,618 4.63%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $930,000 $465,000 $14,346 3.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $925,000 $925,000 $15,786 5.00%
ROANOKE, VA (FHA|USDA|VA) 4 $920,000 $230,000 $5,918 5.38%
Edwards, CO (FHA|USDA|VA) 2 $910,000 $455,000 $7,773 3.81%
Lebanon, NH-VT (FHA|USDA|VA) 2 $880,000 $440,000 $11,041 4.69%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $875,000 $291,667 $5,245 5.29%
Crossville, TN (FHA|USDA|VA) 2 $870,000 $435,000 $9,976 5.25%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $865,000 $865,000 $200 5.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 5 $855,000 $171,000 $3,909 5.17%
PROVO-OREM, UT (FHA|USDA|VA) 2 $850,000 $425,000 $12,177 4.44%
Heber, UT (FHA|USDA|VA) 1 $845,000 $845,000 $5,093 5.13%
YUMA, AZ (FHA|USDA|VA) 3 $835,000 $278,333 $11,066 5.04%
LOUISVILLE, KY (FHA|USDA|VA) 2 $830,000 $415,000 $8,119 5.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $825,000 $275,000 $6,303 3.92%
Fergus Falls, MN (FHA|USDA|VA) 4 $820,000 $205,000 $8,761 5.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $815,000 $815,000 $14,101 3.50%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $810,000 $405,000 $8,238 6.37%
Cookeville, TN (FHA|USDA|VA) 2 $810,000 $405,000 $19,455 4.69%
TWIN FALLS, ID (FHA|USDA|VA) 4 $800,000 $200,000 $8,432 3.72%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $760,000 $380,000 $8,241 4.56%
Greenwood, SC (FHA|USDA|VA) 3 $755,000 $251,667 $5,787 5.63%
Silver City, NM (FHA|USDA|VA) 9 $755,000 $83,889 $4,898 3.26%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $750,000 $375,000 $22,962 4.63%
IDAHO FALLS, ID (FHA|USDA|VA) 3 $745,000 $248,333 $5,160 6.00%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $740,000 $370,000 $8,438 6.81%
Grants, NM (FHA|USDA|VA) 7 $735,000 $105,000 $3,967 5.80%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $730,000 $365,000 $13,018 5.88%
Montrose, CO (FHA|USDA|VA) 2 $730,000 $365,000 $4,476 4.50%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $725,000 $725,000 $15,537 3.25%
SAVANNAH, GA (FHA|USDA|VA) 2 $710,000 $355,000 $5,889 5.56%
EAU CLAIRE, WI (FHA|USDA|VA) 4 $700,000 $175,000 $8,289 5.47%
Oil City, PA (FHA|USDA|VA) 7 $695,000 $99,286 $5,026 4.80%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $690,000 $345,000 $5,815 4.50%
Selinsgrove, PA (FHA|USDA|VA) 3 $685,000 $228,333 $11,418 5.58%
SPARTANBURG, SC (FHA|USDA|VA) 5 $685,000 $137,000 $5,000 5.08%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $675,000 $225,000 $7,752 5.50%
Tahlequah, OK (FHA|USDA|VA) 3 $675,000 $225,000 $9,334 5.08%
Pontiac, IL (FHA|USDA|VA) 8 $670,000 $83,750 $4,740 3.36%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 4 $660,000 $165,000 $8,670 5.44%
Granbury, TX (FHA|USDA|VA) 2 $660,000 $330,000 $14,572 5.94%
LAREDO, TX (FHA|USDA|VA) 2 $660,000 $330,000 $15,760 6.06%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $645,000 $645,000 $10,140 3.75%
Orangeburg, SC (FHA|USDA|VA) 1 $645,000 $645,000 $3,755 5.38%
RENO, NV (FHA|USDA|VA) 1 $645,000 $645,000 $17,981 5.50%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $645,000 $645,000 $14,997 4.00%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $630,000 $315,000 $9,058 5.06%
Marinette, WI-MI (FHA|USDA|VA) 3 $625,000 $208,333 $5,233 5.83%
Milledgeville, GA (FHA|USDA|VA) 1 $625,000 $625,000 $16,355 5.00%
FORT COLLINS, CO (FHA|USDA|VA) 2 $620,000 $310,000 $4,881 5.81%
Lewisburg, TN (FHA|USDA|VA) 2 $610,000 $305,000 $10,096 6.31%
Muskogee, OK (FHA|USDA|VA) 4 $600,000 $150,000 $5,586 5.59%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $590,000 $295,000 $11,304 6.25%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $585,000 $195,000 $5,934 4.71%
Gainesville, TX (FHA|USDA|VA) 1 $585,000 $585,000 $11,668 5.38%
Bluefield, WV-VA (FHA|USDA|VA) 1 $575,000 $575,000 $6,133 3.13%
Glenwood Springs, CO (FHA|USDA|VA) 1 $575,000 $575,000 $19,437 6.00%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 3 $575,000 $191,667 $6,780 2.92%
Seneca, SC (FHA|USDA|VA) 1 $575,000 $575,000 $4,319 5.38%
BATON ROUGE, LA (FHA|USDA|VA) 2 $570,000 $285,000 $8,970 4.63%
GREENVILLE, NC (FHA|USDA|VA) 2 $570,000 $285,000 $11,176 4.63%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $570,000 $285,000 $5,353 5.94%
Moscow, ID (FHA|USDA|VA) 2 $570,000 $285,000 $8,858 5.81%
POCATELLO, ID (FHA|USDA|VA) 1 $565,000 $565,000 $4,756 5.63%
DOTHAN, AL (FHA|USDA|VA) 3 $565,000 $188,333 $9,231 5.63%
DULUTH, MN-WI (FHA|USDA|VA) 3 $555,000 $185,000 $4,763 4.21%
Carlsbad-Artesia, NM (FHA|USDA|VA) 3 $555,000 $185,000 $7,342 4.42%
LUBBOCK, TX (FHA|USDA|VA) 3 $545,000 $181,667 $5,641 5.63%
Palatka, FL (FHA|USDA|VA) 4 $540,000 $135,000 $5,878 4.66%
KOKOMO, IN (FHA|USDA|VA) 2 $540,000 $270,000 $6,072 5.00%
Mineral Wells, TX (FHA|USDA|VA) 1 $535,000 $535,000 $11,440 4.13%
Roswell, NM (FHA|USDA|VA) 4 $530,000 $132,500 $5,485 5.69%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $530,000 $265,000 $6,294 4.44%
BOULDER, CO (FHA|USDA|VA) 1 $515,000 $515,000 $4,101 5.25%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $510,000 $255,000 $7,223 4.69%
Lewisburg, PA (FHA|USDA|VA) 2 $510,000 $255,000 $12,235 5.81%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $505,000 $505,000 $7,114 4.00%
Coldwater, MI (FHA|USDA|VA) 2 $500,000 $250,000 $8,930 4.13%
HOT SPRINGS, AR (FHA|USDA|VA) 3 $495,000 $165,000 $4,414 4.00%
Red Wing, MN (FHA|USDA|VA) 2 $490,000 $245,000 $6,565 3.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $490,000 $245,000 $4,499 4.75%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $485,000 $485,000 $7,250 3.50%
Augusta-Waterville, ME (FHA|USDA|VA) 2 $480,000 $240,000 $7,354 4.88%
Boone, NC (FHA|USDA|VA) 1 $475,000 $475,000 $8,269 5.13%
McAlester, OK (FHA|USDA|VA) 1 $465,000 $465,000 $5,898 5.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $460,000 $230,000 $6,156 5.63%
DECATUR, AL (FHA|USDA|VA) 2 $460,000 $230,000 $7,513 5.88%
Safford, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $9,840 6.99%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $450,000 $225,000 $10,490 6.50%
Hutchinson, KS (FHA|USDA|VA) 1 $445,000 $445,000 $4,819 5.50%
MONTGOMERY, AL (FHA|USDA|VA) 4 $430,000 $107,500 $6,211 6.31%
CHICO, CA (FHA|USDA|VA) 1 $425,000 $425,000 $22,961 3.50%
Paducah, KY-IL (FHA|USDA|VA) 1 $425,000 $425,000 $0 5.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $425,000 $425,000 $3,733 3.88%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $420,000 $210,000 $4,066 4.06%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $420,000 $210,000 $6,081 4.63%
Ardmore, OK (FHA|USDA|VA) 1 $415,000 $415,000 $5,007 5.13%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $415,000 $415,000 $8,775 7.13%
ABILENE, TX (FHA|USDA|VA) 2 $410,000 $205,000 $4,551 4.06%
MANHATTAN, KS (FHA|USDA|VA) 2 $410,000 $205,000 $2,862 5.50%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $410,000 $205,000 $5,335 4.81%
Adrian, MI (FHA|USDA|VA) 1 $405,000 $405,000 $13,734 3.88%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $405,000 $405,000 $5,544 4.25%
Bellefontaine, OH (FHA|USDA|VA) 1 $405,000 $405,000 $5,443 5.25%
ROCHESTER, MN (FHA|USDA|VA) 1 $395,000 $395,000 $7,316 6.99%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $395,000 $395,000 $4,732 3.38%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $395,000 $395,000 $17,673 4.13%
LOGAN, UT-ID (FHA|USDA|VA) 1 $395,000 $395,000 $11,262 6.25%
Meadville, PA (FHA|USDA|VA) 3 $395,000 $131,667 $7,545 4.71%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $390,000 $195,000 $4,156 5.81%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $385,000 $385,000 $11,999 6.50%
Laconia, NH (FHA|USDA|VA) 2 $380,000 $190,000 $4,421 3.75%
Clarksburg, WV (FHA|USDA|VA) 1 $375,000 $375,000 $15,576 6.63%
READING, PA (FHA|USDA|VA) 1 $375,000 $375,000 $13,597 5.63%
IOWA CITY, IA (FHA|USDA|VA) 2 $370,000 $185,000 $7,045 5.31%
CASPER, WY (FHA|USDA|VA) 1 $365,000 $365,000 $17,823 5.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $365,000 $365,000 $5,726 4.75%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $365,000 $365,000 $5,350 5.13%
SAN ANGELO, TX (FHA|USDA|VA) 1 $365,000 $365,000 $7,985 5.63%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $365,000 $365,000 $6,787 5.50%
FRESNO, CA (FHA|USDA|VA) 1 $355,000 $355,000 $9,460 5.00%
Elizabeth City, NC (FHA|USDA|VA) 1 $355,000 $355,000 $5,714 4.50%
GREELEY, CO (FHA|USDA|VA) 1 $355,000 $355,000 $13,955 3.13%
MORRISTOWN, TN (FHA|USDA|VA) 2 $350,000 $175,000 $7,157 5.81%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $350,000 $175,000 $5,884 5.31%
ERIE, PA (FHA|USDA|VA) 3 $345,000 $115,000 $7,134 4.71%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $335,000 $335,000 $21,048 5.63%
Cambridge, MD (FHA|USDA|VA) 1 $335,000 $335,000 $21,177 6.13%
COLUMBIA, MO (FHA|USDA|VA) 2 $330,000 $165,000 $5,797 5.44%
Starkville, MS (FHA|USDA|VA) 1 $325,000 $325,000 $11,718 5.63%
Bay City, TX (FHA|USDA|VA) 1 $325,000 $325,000 $5,334 5.63%
Winona, MN (FHA|USDA|VA) 2 $320,000 $160,000 $7,197 4.38%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $315,000 $315,000 $4,396 4.63%
YUBA CITY, CA (FHA|USDA|VA) 1 $315,000 $315,000 $4,693 6.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $305,000 $305,000 $9,122 6.13%
Ozark, AL (FHA|USDA|VA) 3 $305,000 $101,667 $4,171 4.92%
Cañon City, CO (FHA|USDA|VA) 1 $305,000 $305,000 $9,076 4.38%
YAKIMA, WA (FHA|USDA|VA) 1 $305,000 $305,000 $6,644 3.88%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $305,000 $305,000 $8,685 4.50%
GOLDSBORO, NC (FHA|USDA|VA) 1 $295,000 $295,000 $14,017 4.50%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $295,000 $295,000 $5,060 5.38%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $290,000 $145,000 $5,552 6.50%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $285,000 $285,000 $6,609 5.75%
Burlington, IA-IL (FHA|USDA|VA) 2 $280,000 $140,000 $5,068 4.56%
FLORENCE, SC (FHA|USDA|VA) 1 $275,000 $275,000 $15,997 5.13%
Greeneville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $6,463 4.75%
SALEM, OR (FHA|USDA|VA) 1 $275,000 $275,000 $9,983 4.88%
Dixon, IL (FHA|USDA|VA) 2 $270,000 $135,000 $7,138 5.63%
Bucyrus-Galion, OH (FHA|USDA|VA) 1 $265,000 $265,000 $8,475 5.88%
Aberdeen, WA (FHA|USDA|VA) 1 $265,000 $265,000 $5,332 3.75%
GAINESVILLE, GA (FHA|USDA|VA) 1 $265,000 $265,000 $15,182 3.50%
BURLINGTON, NC (FHA|USDA|VA) 1 $265,000 $265,000 $7,855 4.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $250,000 $125,000 $3,220 5.31%
GAINESVILLE, FL (FHA|USDA|VA) 2 $250,000 $125,000 $3,063 4.44%
Glasgow, KY (FHA|USDA|VA) 1 $245,000 $245,000 $6,900 3.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $245,000 $245,000 $6,699 5.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.38%
WACO, TX (FHA|USDA|VA) 2 $240,000 $120,000 $3,839 5.19%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $235,000 $235,000 $5,684 6.99%
Stillwater, OK (FHA|USDA|VA) 1 $235,000 $235,000 $4,348 3.75%
ANN ARBOR, MI (FHA|USDA|VA) 1 $235,000 $235,000 $3,734 4.38%
Calhoun, GA (FHA|USDA|VA) 1 $215,000 $215,000 $11,000 5.63%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $215,000 $215,000 $9,668 5.63%
Lincoln, IL (FHA|USDA|VA) 1 $205,000 $205,000 $5,909 5.13%
Okeechobee, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,500 3.50%
TYLER, TX (FHA|USDA|VA) 1 $205,000 $205,000 $7,748 5.63%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $205,000 $205,000 $6,851 5.38%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $195,000 $195,000 $2,869 7.50%
Wauchula, FL (FHA|USDA|VA) 2 $190,000 $95,000 $5,274 2.75%
Bluffton, IN (FHA|USDA|VA) 1 $175,000 $175,000 $4,332 5.13%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $175,000 $175,000 $9,841 5.63%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $175,000 $175,000 $10,666 5.63%
Mason City, IA (FHA|USDA|VA) 1 $175,000 $175,000 $6,975 7.13%
Rutland, VT (FHA|USDA|VA) 1 $175,000 $175,000 $7,131 4.63%
ROME, GA (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $175,000 $175,000 $10,044 5.63%
KANKAKEE, IL (FHA|USDA|VA) 1 $165,000 $165,000 $7,842 4.50%
Rolla, MO (FHA|USDA|VA) 1 $165,000 $165,000 $5,767 6.99%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $7,168 6.50%
Grand Rapids, MN (FHA|USDA|VA) 1 $165,000 $165,000 $6,783 6.13%
Beeville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $9,290 5.00%
Tifton, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,901 5.88%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $165,000 $165,000 $5,921 5.00%
ASHEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $6,649 6.99%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,529 4.25%
Central City, KY (FHA|USDA|VA) 1 $145,000 $145,000 $3,669 7.75%
MORGANTOWN, WV (FHA|USDA|VA) 1 $145,000 $145,000 $5,520 4.75%
Ottumwa, IA (FHA|USDA|VA) 1 $145,000 $145,000 $5,588 3.88%
Portales, NM (FHA|USDA|VA) 2 $140,000 $70,000 $1,923 4.81%
Baraboo, WI (FHA|USDA|VA) 1 $135,000 $135,000 $6,114 5.13%
Martinsville, VA (FHA|USDA|VA) 1 $135,000 $135,000 $7,228 7.13%
Hope, AR (FHA|USDA|VA) 1 $135,000 $135,000 $4,914 5.99%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $135,000 $135,000 $5,420 5.38%
Miami, OK (FHA|USDA|VA) 1 $125,000 $125,000 $6,591 7.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.13%
Mount Sterling, KY (FHA|USDA|VA) 1 $115,000 $115,000 $4,666 7.25%
Albertville, AL (FHA|USDA|VA) 1 $115,000 $115,000 $3,783 3.50%
El Dorado, AR (FHA|USDA|VA) 1 $115,000 $115,000 $4,265 4.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.88%
NEW BERN, NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.50%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $85,000 $85,000 $5,426 5.13%
Somerset, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,601 7.63%
Danville, VA (FHA|USDA|VA) 1 $75,000 $75,000 $5,018 5.13%
Cullowhee, NC (FHA|USDA|VA) 1 $75,000 $75,000 $3,266 4.50%
Charleston-Mattoon, IL (FHA|USDA|VA) 2 $70,000 $35,000 $2,547 1.81%
MIDLAND, MI (FHA|USDA|VA) 1 $65,000 $65,000 $2,515 5.75%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $55,000 $55,000 $4,952 6.63%
BAY CITY, MI (FHA|USDA|VA) 1 $55,000 $55,000 $3,550 3.88%
Duncan, OK (FHA|USDA|VA) 1 $45,000 $45,000 $4,776 7.00%
Waterstone Mortgage Corporation's top markets include Albuquerque, Orlando, Phoenix, Youngstown, and Minneapolis among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,112 $1,987,180,000 $279,412 $6,418 5.05%
    FHA 2,308 $528,190,000 $228,852 $10,322 5.16%
    VA 669 $238,105,000 $355,912 $11,790 4.95%
    USDA 181 $33,645,000 $185,884 $7,115 4.95%

    For 2022, Waterstone Mortgage Corporation's most frequently originated type of loan was Conventional, with 7,112 originations. Their 2nd most popular type was FHA, with 2,308 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,203 $2,492,675,000 $270,855 $7,763 5.13%
    Cash Out Refi 661 $190,225,000 $287,784 $7,427 4.49%
    Refi 387 $98,855,000 $255,439 $6,125 4.53%
    Home Improvement 19 $5,365,000 $282,368 $5,992 4.88%

    For 2022, Waterstone Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 9,203 originations. The 2nd most popular reason was Cash Out Refi, with 661 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 9,484 $2,606,460,000 $274,827 $7,820 5.14%
    15 Year 359 $75,345,000 $209,875 $5,274 3.81%
    10 Year 150 $2,640,000 $17,600 $483 3.20%
    30+ year 143 $77,035,000 $538,706 $12,972 5.26%
    20 Year 121 $23,045,000 $190,455 $6,703 5.20%
    Other 12 $2,590,000 $215,833 $4,742 4.32%
    5 Year 1 $5,000 $5,000 $0 0.00%

    For 2022, Waterstone Mortgage Corporation's most frequently cited loan duration was 30 Year, with 9,484 originations. The 2nd most popular length was 15 Year, with 359 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,617 $1,016,975,000 $388,603
    $2k-3k 2,069 $461,615,000 $223,110
    $1k-2k 1,714 $509,660,000 $297,351
    $3k-4k 1,489 $338,625,000 $227,418
    $4k-5k 1,181 $320,695,000 $271,545
    $<1k 1,110 $120,730,000 $108,766

    Waterstone Mortgage Corporation's average total fees were $7,820, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,617 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 3,659 $1,009,905,000 $276,006
    4-5% 2,324 $702,790,000 $302,405
    3-4% 1,661 $502,305,000 $302,411
    6-7% 1,572 $400,220,000 $254,593
    7-8% 509 $98,605,000 $193,723
    <2.5% 295 $11,415,000 $38,695
    2.5-3% 196 $60,680,000 $309,592
    Over 8% 54 $1,200,000 $22,222

    During 2022, Waterstone Mortgage Corporation's average interest rate for loans was 5.14%, while their most frequently originated rate bucket for loans was 5-6%, with 3,659 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,598 $1,325,020,000 $288,173 $8,480 5.14%
    $100k-200k 2,458 $374,370,000 $152,307 $6,098 5.22%
    $400k-600k 1,426 $679,010,000 $476,164 $10,701 5.00%
    $100,000 or less 1,324 $52,660,000 $39,773 $2,382 4.66%
    $600k-1MM 419 $294,405,000 $702,637 $12,939 5.02%
    $1MM+ 45 $61,655,000 $1,370,111 $15,094 4.78%

    2022 saw Waterstone Mortgage Corporation place emphasis on $200k-400k loans with 4,598 originations, totaling $1,325,020,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,755 $524,005,000 $190,201 $6,612 5.07%
    $100k-150k 2,044 $677,140,000 $331,282 $8,797 5.08%
    $75k-100k 1,898 $492,340,000 $259,399 $7,986 5.07%
    $50k or less 1,623 $203,795,000 $125,567 $5,417 4.91%
    $150k-250k 1,355 $568,745,000 $419,738 $9,438 5.19%
    $250k+ 558 $306,770,000 $549,767 $10,243 5.20%

    Waterstone Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 2,755 originations. The second most popular income band? $100k-150k, with 2,044 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,728 $455,670,000 $263,698 $7,069 5.07%
    20-30% 1,426 $388,830,000 $272,672 $6,836 4.89%
    44% 657 $186,405,000 $283,721 $7,766 5.11%
    50-60% 641 $178,185,000 $277,980 $11,551 5.21%
    49% 538 $146,900,000 $273,048 $8,535 5.23%
    42% 505 $139,675,000 $276,584 $7,354 5.14%
    41% 489 $128,455,000 $262,689 $7,400 5.17%
    43% 484 $133,800,000 $276,446 $7,540 5.20%
    39% 474 $126,890,000 $267,700 $7,119 5.02%
    40% 451 $122,935,000 $272,583 $7,391 4.94%
    38% 412 $108,030,000 $262,209 $7,504 5.05%
    48% 377 $103,315,000 $274,045 $8,234 5.11%
    47% 352 $94,590,000 $268,722 $8,015 5.06%
    37% 347 $97,115,000 $279,870 $7,467 5.10%
    46% 347 $92,755,000 $267,305 $7,980 5.16%
    <20% 342 $90,500,000 $264,620 $6,762 4.89%
    36% 340 $94,410,000 $277,676 $7,056 5.05%
    45% 329 $87,065,000 $264,635 $8,046 5.11%
    >60% 26 $9,900,000 $380,769 $11,434 5.12%

    Waterstone Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 1,728 originations. The next most common DTI ratio? 20-30%, with 1,426 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 7,665 $2,055,275,000 $268,138 $7,499 5.07%
    Not provided 1,520 $430,530,000 $283,243 $8,102 5.15%
    Black 596 $161,540,000 $271,040 $8,892 4.82%
    Asian 260 $83,720,000 $322,000 $7,982 5.05%
    American Indian 187 $42,065,000 $224,947 $7,203 5.37%
    Asian Indian 20 $7,590,000 $379,500 $7,750 5.38%
    Native Hawaiian or Islander 8 $2,900,000 $362,500 $8,520 5.33%
    Other Asian 6 $1,510,000 $251,667 $6,277 5.83%
    Filipino 4 $780,000 $195,000 $4,671 4.06%
    Chinese 2 $780,000 $390,000 $12,730 5.75%
    Guamanian 1 $305,000 $305,000 $12,129 6.63%
    1 $125,000 $125,000 $4,371 6.00%

    Approval Rates

    Total approvals of all applications
    95.84%

    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
    68.22%

    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
    240.98 1 $5,000 $5,000
    269.69 1 $5,000 $5,000
    NA 10,268 $2,787,110,000 $271,437

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    10,270 $2,787,120,000 $271,385

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 229 $41,515,000 $181,288 $5,429 4.90%
    40-60% 635 $172,735,000 $272,024 $6,685 4.82%
    60-80% 2,271 $713,665,000 $314,251 $7,662 5.13%
    80-100% 6,209 $1,776,645,000 $286,140 $8,330 5.20%
    Over 100% 198 $75,110,000 $379,343 $18,208 4.97%
    Under 20% 728 $7,450,000 $10,234 $279 4.11%