Waterstone Mortgage Corporation Rates, Fees & Info

Pewaukee, WI

LEI: 549300GRGZDEH4ZGQS06

Tax ID: 39-2001010

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

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    • 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, Minneapolis, Orlando, Phoenix, and Salisbury among others. We have data for 322 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% 4/19/24
    30 Year Conventional Refi 6.79% 4/19/24
    30 Year Cash-out Refi 6.98% 4/19/24
    30 Year FHA Purchase 7.56% 4/19/24
    30 Year FHA Refi 7.35% 4/19/24
    30 Year VA Purchase 6.43% 4/19/24
    30 Year VA Refi 6.05% 4/19/24
    30 Year USDA Purchase 6.85% 4/19/24
    15 Year Conventional Purchase 6.39% 4/19/24
    15 Year Conventional Refi 6.25% 4/19/24
    15 Year Cash-out Refi 6.25% 4/19/24
    15 Year VA Purchase 6.64% 4/19/24
    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

    13,259

    Origination Dollar Volume (All Markets)

    $2,888,985,000
    Show all (6) awards

    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) 2,000 $357,920,000 $178,960 $4,162 4.60%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1,113 $293,385,000 $263,598 $5,592 4.33%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1,046 $247,950,000 $237,046 $14,529 4.63%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 715 $189,725,000 $265,350 $6,256 4.33%
    SALISBURY, MD-DE (FHA|USDA|VA) 315 $105,715,000 $335,603 $5,456 4.18%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 349 $104,135,000 $298,381 $6,763 4.34%
    BOISE CITY, ID (FHA|USDA|VA) 446 $99,830,000 $223,834 $6,272 4.26%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 267 $85,975,000 $322,004 $7,854 4.29%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 329 $85,225,000 $259,043 $5,594 4.42%
    SANTA FE, NM (FHA|USDA|VA) 276 $83,810,000 $303,659 $4,968 4.39%
    Outside of Metro Areas 461 $71,875,000 $155,911 $4,763 4.49%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 310 $71,420,000 $230,387 $3,479 4.48%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 635 $70,415,000 $110,890 $5,326 4.63%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 306 $65,410,000 $213,758 $5,482 4.66%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 262 $60,790,000 $232,023 $5,242 4.45%
    TULSA, OK (FHA|USDA|VA) 315 $56,935,000 $180,746 $4,682 4.43%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 194 $56,500,000 $291,237 $6,809 4.23%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 137 $39,325,000 $287,044 $6,122 4.61%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 126 $36,370,000 $288,651 $6,081 4.93%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 176 $35,400,000 $201,136 $5,565 4.59%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 131 $28,965,000 $221,107 $6,185 4.38%
    APPLETON, WI (FHA|USDA|VA) 196 $28,550,000 $145,663 $3,641 4.54%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 97 $24,885,000 $256,546 $6,032 4.29%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 177 $20,535,000 $116,017 $3,258 4.53%
    SALEM, OR (FHA|USDA|VA) 78 $19,020,000 $243,846 $6,614 4.84%
    OCALA, FL (FHA|USDA|VA) 118 $18,520,000 $156,949 $6,983 4.80%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 77 $17,065,000 $221,623 $6,233 4.57%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 87 $16,985,000 $195,230 $3,487 4.59%
    DOVER, DE (FHA|USDA|VA) 69 $15,785,000 $228,768 $6,971 4.16%
    Los Alamos, NM (FHA|USDA|VA) 42 $15,170,000 $361,190 $5,696 4.16%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 49 $14,235,000 $290,510 $8,031 4.62%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 76 $14,180,000 $186,579 $6,577 4.53%
    GREEN BAY, WI (FHA|USDA|VA) 102 $14,010,000 $137,353 $3,567 4.52%
    JACKSON, MI (FHA|USDA|VA) 89 $13,425,000 $150,843 $3,426 4.82%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 58 $12,890,000 $222,241 $5,682 4.64%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 41 $12,175,000 $296,951 $7,036 4.08%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 79 $11,675,000 $147,785 $5,094 4.22%
    RALEIGH-CARY, NC (FHA|USDA|VA) 39 $11,225,000 $287,821 $4,470 4.30%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 41 $10,965,000 $267,439 $4,708 4.33%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 38 $9,760,000 $256,842 $6,980 4.13%
    LAS CRUCES, NM (FHA|USDA|VA) 82 $9,250,000 $112,805 $3,686 4.84%
    PANAMA CITY, FL (FHA|USDA|VA) 49 $9,105,000 $185,816 $5,195 4.87%
    STAUNTON, VA (FHA|USDA|VA) 56 $8,570,000 $153,036 $5,364 4.56%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 40 $8,220,000 $205,500 $6,053 4.27%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 22 $8,170,000 $371,364 $6,165 4.27%
    BLOOMINGTON, IL (FHA|USDA|VA) 54 $7,580,000 $140,370 $5,686 4.32%
    Durango, CO (FHA|USDA|VA) 24 $7,230,000 $301,250 $4,670 4.32%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 40 $7,210,000 $180,250 $4,623 4.86%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 56 $7,200,000 $128,571 $4,968 4.41%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 40 $6,890,000 $172,250 $5,008 4.97%
    BEND, OR (FHA|USDA|VA) 21 $6,245,000 $297,381 $4,951 4.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 20 $5,880,000 $294,000 $6,376 4.49%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 49 $5,835,000 $119,082 $5,221 4.39%
    FARMINGTON, NM (FHA|USDA|VA) 38 $5,830,000 $153,421 $4,871 4.52%
    RICHMOND, VA (FHA|USDA|VA) 19 $5,395,000 $283,947 $6,250 4.23%
    Stevens Point, WI (FHA|USDA|VA) 32 $5,340,000 $166,875 $4,857 4.50%
    AKRON, OH (FHA|USDA|VA) 35 $5,275,000 $150,714 $6,196 4.77%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 17 $5,205,000 $306,176 $4,552 4.64%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 16 $5,190,000 $324,375 $7,745 4.40%
    Roswell, NM (FHA|USDA|VA) 39 $5,085,000 $130,385 $3,756 4.78%
    TEXARKANA, TX-AR (FHA|USDA|VA) 29 $5,075,000 $175,000 $5,825 4.34%
    MADISON, WI (FHA|USDA|VA) 24 $5,060,000 $210,833 $4,346 4.53%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 18 $4,970,000 $276,111 $5,129 4.10%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 34 $4,840,000 $142,353 $5,234 4.52%
    EL PASO, TX (FHA|USDA|VA) 25 $4,485,000 $179,400 $5,552 4.22%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 36 $4,460,000 $123,889 $5,922 4.88%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $3,775,000 $539,286 $9,857 4.52%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 8 $3,610,000 $451,250 $7,404 4.97%
    Las Vegas, NM (FHA|USDA|VA) 16 $3,400,000 $212,500 $5,119 4.64%
    LYNCHBURG, VA (FHA|USDA|VA) 16 $3,160,000 $197,500 $5,356 4.55%
    PEORIA, IL (FHA|USDA|VA) 20 $2,920,000 $146,000 $5,687 4.33%
    Salem, OH (FHA|USDA|VA) 22 $2,790,000 $126,818 $6,193 4.64%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $2,760,000 $345,000 $6,221 4.28%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 19 $2,685,000 $141,316 $5,421 4.59%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $2,505,000 $501,000 $8,824 4.33%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 10 $2,490,000 $249,000 $8,876 4.96%
    FOND DU LAC, WI (FHA|USDA|VA) 19 $2,475,000 $130,263 $3,572 4.53%
    SALT LAKE CITY, UT (FHA|USDA|VA) 6 $2,460,000 $410,000 $4,216 4.79%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $2,370,000 $592,500 $5,934 4.41%
    Gallup, NM (FHA|USDA|VA) 14 $2,360,000 $168,571 $4,078 4.76%
    GAINESVILLE, FL (FHA|USDA|VA) 10 $2,330,000 $233,000 $7,333 4.81%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 13 $2,325,000 $178,846 $2,894 4.17%
    Clewiston, FL (FHA|USDA|VA) 14 $2,070,000 $147,857 $7,168 4.56%
    Ashtabula, OH (FHA|USDA|VA) 16 $2,060,000 $128,750 $5,835 4.82%
    TUCSON, AZ (FHA|USDA|VA) 6 $2,010,000 $335,000 $4,391 4.25%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $1,950,000 $325,000 $4,239 4.13%
    Española, NM (FHA|USDA|VA) 9 $1,915,000 $212,778 $4,966 4.49%
    Taos, NM (FHA|USDA|VA) 9 $1,915,000 $212,778 $4,403 4.07%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $1,895,000 $270,714 $7,231 4.98%
    RACINE, WI (FHA|USDA|VA) 12 $1,890,000 $157,500 $3,979 4.77%
    Shawano, WI (FHA|USDA|VA) 14 $1,820,000 $130,000 $4,618 4.70%
    VALLEJO, CA (FHA|USDA|VA) 5 $1,795,000 $359,000 $10,206 3.90%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $1,790,000 $223,750 $4,466 4.17%
    THE VILLAGES, FL (FHA|USDA|VA) 9 $1,755,000 $195,000 $5,670 4.35%
    Beaver Dam, WI (FHA|USDA|VA) 12 $1,730,000 $144,167 $3,577 4.61%
    Enterprise, AL (FHA|USDA|VA) 7 $1,715,000 $245,000 $5,447 3.98%
    ST. CLOUD, MN (FHA|USDA|VA) 10 $1,680,000 $168,000 $5,589 4.64%
    COLUMBUS, OH (FHA|USDA|VA) 9 $1,655,000 $183,889 $4,074 4.39%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 6 $1,610,000 $268,333 $8,993 4.48%
    Manitowoc, WI (FHA|USDA|VA) 15 $1,475,000 $98,333 $3,964 4.73%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 6 $1,470,000 $245,000 $5,209 4.31%
    Concord, NH (FHA|USDA|VA) 7 $1,415,000 $202,143 $4,356 4.70%
    Brainerd, MN (FHA|USDA|VA) 6 $1,390,000 $231,667 $4,637 4.31%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 7 $1,385,000 $197,857 $7,669 4.71%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,350,000 $225,000 $4,356 4.31%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $13,180 4.92%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $1,325,000 $1,325,000 $29,557 4.50%
    Red Wing, MN (FHA|USDA|VA) 6 $1,280,000 $213,333 $7,091 4.27%
    TALLAHASSEE, FL (FHA|USDA|VA) 5 $1,265,000 $253,000 $5,904 5.03%
    WORCESTER, MA-CT (FHA|USDA|VA) 3 $1,265,000 $421,667 $6,309 4.71%
    EAU CLAIRE, WI (FHA|USDA|VA) 6 $1,220,000 $203,333 $4,851 3.92%
    Mountain Home, ID (FHA|USDA|VA) 7 $1,215,000 $173,571 $6,841 3.93%
    PITTSBURGH, PA (FHA|USDA|VA) 11 $1,205,000 $109,545 $4,887 5.10%
    PROVO-OREM, UT (FHA|USDA|VA) 3 $1,175,000 $391,667 $7,362 4.92%
    Payson, AZ (FHA|USDA|VA) 6 $1,160,000 $193,333 $4,355 4.04%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,800 4.38%
    Ontario, OR-ID (FHA|USDA|VA) 9 $1,145,000 $127,222 $5,236 4.36%
    DULUTH, MN-WI (FHA|USDA|VA) 7 $1,135,000 $162,143 $4,137 4.70%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $1,125,000 $225,000 $5,733 4.07%
    JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,100,000 $137,500 $4,090 4.73%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,080,000 $270,000 $7,254 4.09%
    Outside of Metro Areas 3 $1,075,000 $358,333 $11,260 4.21%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $1,065,000 $355,000 $8,145 4.42%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $1,020,000 $255,000 $5,890 4.34%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $1,015,000 $338,333 $6,896 4.17%
    PUNTA GORDA, FL (FHA|USDA|VA) 7 $1,005,000 $143,571 $4,128 4.79%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 5 $1,005,000 $201,000 $7,268 4.65%
    Show Low, AZ (FHA|USDA|VA) 6 $960,000 $160,000 $4,649 4.46%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $950,000 $237,500 $4,826 5.03%
    Whitewater, WI (FHA|USDA|VA) 6 $950,000 $158,333 $3,202 4.48%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 7 $935,000 $133,571 $4,833 4.41%
    Menomonie, WI (FHA|USDA|VA) 6 $920,000 $153,333 $3,901 4.58%
    Hutchinson, MN (FHA|USDA|VA) 5 $915,000 $183,000 $4,586 4.48%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $900,000 $225,000 $6,766 4.41%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $865,000 $288,333 $5,126 4.54%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $855,000 $285,000 $4,576 3.88%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 7 $855,000 $122,143 $5,566 4.86%
    Holland, MI (FHA|USDA|VA) 5 $845,000 $169,000 $2,530 4.30%
    IOWA CITY, IA (FHA|USDA|VA) 4 $840,000 $210,000 $6,776 4.50%
    Laconia, NH (FHA|USDA|VA) 4 $830,000 $207,500 $4,850 4.47%
    Key West, FL (FHA|USDA|VA) 1 $825,000 $825,000 $6,225 4.88%
    HARRISONBURG, VA (FHA|USDA|VA) 4 $790,000 $197,500 $5,075 4.34%
    KNOXVILLE, TN (FHA|USDA|VA) 4 $780,000 $195,000 $4,877 4.06%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 5 $735,000 $147,000 $3,462 4.77%
    ASHEVILLE, NC (FHA|USDA|VA) 3 $735,000 $245,000 $6,341 4.21%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $730,000 $182,500 $7,320 4.19%
    Hobbs, NM (FHA|USDA|VA) 4 $730,000 $182,500 $5,536 4.94%
    WILMINGTON, NC (FHA|USDA|VA) 2 $720,000 $360,000 $2,980 3.44%
    Edwards, CO (FHA|USDA|VA) 2 $720,000 $360,000 $6,808 4.13%
    Mineral Wells, TX (FHA|USDA|VA) 2 $700,000 $350,000 $3,992 4.44%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 3 $685,000 $228,333 $5,267 4.54%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $675,000 $225,000 $5,148 4.29%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $665,000 $221,667 $3,144 4.79%
    SHEBOYGAN, WI (FHA|USDA|VA) 4 $660,000 $165,000 $7,042 4.84%
    Prineville, OR (FHA|USDA|VA) 2 $660,000 $330,000 $5,792 4.75%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $630,000 $315,000 $5,157 4.88%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $625,000 $625,000 $14,979 4.88%
    MERCED, CA (FHA|USDA|VA) 1 $615,000 $615,000 $17,004 4.38%
    IDAHO FALLS, ID (FHA|USDA|VA) 5 $605,000 $121,000 $4,794 4.33%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $595,000 $198,333 $6,475 4.63%
    Astoria, OR (FHA|USDA|VA) 1 $595,000 $595,000 $5,379 4.75%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $575,000 $575,000 $29,900 4.00%
    SAVANNAH, GA (FHA|USDA|VA) 2 $560,000 $280,000 $10,692 3.94%
    Faribault-Northfield, MN (FHA|USDA|VA) 4 $560,000 $140,000 $4,777 4.19%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $555,000 $185,000 $4,612 4.50%
    LOUISVILLE, KY (FHA|USDA|VA) 2 $530,000 $265,000 $3,930 4.94%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $520,000 $260,000 $3,851 4.19%
    Muskogee, OK (FHA|USDA|VA) 3 $515,000 $171,667 $4,189 4.79%
    Silver City, NM (FHA|USDA|VA) 5 $515,000 $103,000 $4,840 5.13%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $515,000 $171,667 $7,555 4.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $510,000 $255,000 $3,968 4.19%
    TYLER, TX (FHA|USDA|VA) 3 $505,000 $168,333 $8,270 4.54%
    Alamogordo, NM (FHA|USDA|VA) 3 $505,000 $168,333 $1,817 4.29%
    Hillsdale, MI (FHA|USDA|VA) 3 $495,000 $165,000 $2,759 5.54%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $495,000 $165,000 $6,115 4.62%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $490,000 $245,000 $3,767 5.06%
    Bozeman, MT (FHA|USDA|VA) 1 $485,000 $485,000 $3,410 4.88%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $485,000 $485,000 $11,682 3.99%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $480,000 $240,000 $7,195 4.06%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $475,000 $475,000 $2,481 4.75%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $460,000 $230,000 $7,506 4.25%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $450,000 $225,000 $1,216 4.25%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $450,000 $225,000 $5,812 4.19%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $450,000 $225,000 $5,485 4.94%
    MODESTO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $3,395 4.50%
    Klamath Falls, OR (FHA|USDA|VA) 2 $430,000 $215,000 $5,482 4.88%
    Marshalltown, IA (FHA|USDA|VA) 4 $430,000 $107,500 $5,558 5.50%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 3 $415,000 $138,333 $6,235 4.71%
    Ottumwa, IA (FHA|USDA|VA) 3 $415,000 $138,333 $4,078 4.29%
    MANKATO, MN (FHA|USDA|VA) 2 $410,000 $205,000 $9,356 3.69%
    Hope, AR (FHA|USDA|VA) 3 $405,000 $135,000 $4,269 4.46%
    Pella, IA (FHA|USDA|VA) 2 $400,000 $200,000 $5,368 3.94%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $390,000 $195,000 $3,560 4.06%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $385,000 $385,000 $3,595 5.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $385,000 $385,000 $6,406 3.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $375,000 $375,000 $14,529 4.88%
    New Castle, PA (FHA|USDA|VA) 4 $370,000 $92,500 $5,601 5.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $370,000 $185,000 $4,351 3.94%
    Owatonna, MN (FHA|USDA|VA) 2 $360,000 $180,000 $5,022 4.13%
    Pontiac, IL (FHA|USDA|VA) 4 $360,000 $90,000 $5,269 4.50%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $355,000 $355,000 $4,536 4.00%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $345,000 $345,000 $1,663 4.49%
    JACKSON, TN (FHA|USDA|VA) 1 $345,000 $345,000 $6,094 4.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $345,000 $345,000 $5,153 4.13%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $340,000 $170,000 $3,349 4.06%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $335,000 $335,000 $7,535 3.88%
    Boone, NC (FHA|USDA|VA) 1 $335,000 $335,000 $4,205 5.63%
    Morehead City, NC (FHA|USDA|VA) 1 $325,000 $325,000 $7,865 4.13%
    Breckenridge, CO (FHA|USDA|VA) 1 $325,000 $325,000 $1,960 3.88%
    CLEVELAND, TN (FHA|USDA|VA) 1 $315,000 $315,000 $4,496 4.50%
    Gainesville, TX (FHA|USDA|VA) 2 $310,000 $155,000 $5,179 5.00%
    NILES, MI (FHA|USDA|VA) 1 $305,000 $305,000 $7,384 3.63%
    Stephenville, TX (FHA|USDA|VA) 1 $305,000 $305,000 $3,007 4.13%
    Newberry, SC (FHA|USDA|VA) 1 $305,000 $305,000 $3,628 4.13%
    Marinette, WI-MI (FHA|USDA|VA) 4 $300,000 $75,000 $2,639 4.78%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $300,000 $150,000 $3,663 4.75%
    Fort Dodge, IA (FHA|USDA|VA) 3 $295,000 $98,333 $3,191 4.92%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $290,000 $145,000 $3,964 4.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $290,000 $145,000 $3,128 4.63%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $285,000 $285,000 $3,107 4.13%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $285,000 $285,000 $3,873 4.75%
    Wapakoneta, OH (FHA|USDA|VA) 2 $280,000 $140,000 $7,105 5.13%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $275,000 $275,000 $8,599 5.63%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $265,000 $265,000 $5,626 5.50%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $265,000 $265,000 $5,222 3.38%
    POCATELLO, ID (FHA|USDA|VA) 1 $265,000 $265,000 $6,700 3.75%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $9,058 3.75%
    Sturgis, MI (FHA|USDA|VA) 2 $260,000 $130,000 $5,348 4.69%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $255,000 $255,000 $9,439 3.75%
    AMARILLO, TX (FHA|USDA|VA) 1 $255,000 $255,000 $6,709 4.50%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $255,000 $255,000 $5,209 4.63%
    Platteville, WI (FHA|USDA|VA) 1 $255,000 $255,000 $8,698 4.75%
    Heber, UT (FHA|USDA|VA) 1 $255,000 $255,000 $6,907 4.88%
    Calhoun, GA (FHA|USDA|VA) 1 $255,000 $255,000 $6,142 5.13%
    Sanford, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,798 3.50%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $245,000 $245,000 $10,303 4.13%
    NEW BERN, NC (FHA|USDA|VA) 1 $235,000 $235,000 $9,791 5.63%
    Sidney, OH (FHA|USDA|VA) 1 $235,000 $235,000 $12,271 3.75%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $235,000 $235,000 $8,783 3.50%
    Grants, NM (FHA|USDA|VA) 5 $235,000 $47,000 $2,598 5.05%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $230,000 $115,000 $4,574 4.44%
    Meadville, PA (FHA|USDA|VA) 2 $230,000 $115,000 $4,871 4.88%
    JOPLIN, MO (FHA|USDA|VA) 1 $225,000 $225,000 $7,653 4.63%
    GREENVILLE, NC (FHA|USDA|VA) 1 $225,000 $225,000 $6,915 4.63%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $225,000 $225,000 $8,327 4.63%
    LANCASTER, PA (FHA|USDA|VA) 1 $225,000 $225,000 $14,199 4.75%
    ERIE, PA (FHA|USDA|VA) 1 $225,000 $225,000 $6,938 4.13%
    Adrian, MI (FHA|USDA|VA) 2 $220,000 $110,000 $3,028 4.50%
    Lincoln, IL (FHA|USDA|VA) 2 $220,000 $110,000 $5,243 4.31%
    CORVALLIS, OR (FHA|USDA|VA) 1 $215,000 $215,000 $10,102 4.75%
    DOTHAN, AL (FHA|USDA|VA) 2 $210,000 $105,000 $1,416 5.06%
    TOLEDO, OH (FHA|USDA|VA) 3 $205,000 $68,333 $3,222 5.25%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $205,000 $205,000 $3,813 4.13%
    ROCKFORD, IL (FHA|USDA|VA) 3 $205,000 $68,333 $3,634 3.04%
    Brevard, NC (FHA|USDA|VA) 1 $205,000 $205,000 $4,545 3.88%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $205,000 $205,000 $5,866 3.63%
    MUSKEGON, MI (FHA|USDA|VA) 1 $195,000 $195,000 $4,386 5.50%
    Okeechobee, FL (FHA|USDA|VA) 1 $195,000 $195,000 $7,981 6.00%
    Albert Lea, MN (FHA|USDA|VA) 1 $195,000 $195,000 $4,612 4.00%
    Ozark, AL (FHA|USDA|VA) 1 $195,000 $195,000 $6,521 4.13%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $185,000 $185,000 $4,064 5.49%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $185,000 $185,000 $5,481 3.63%
    Bonham, TX (FHA|USDA|VA) 1 $185,000 $185,000 $3,664 3.88%
    Stillwater, OK (FHA|USDA|VA) 1 $185,000 $185,000 $5,486 5.25%
    Oil City, PA (FHA|USDA|VA) 2 $180,000 $90,000 $5,716 4.44%
    LAWTON, OK (FHA|USDA|VA) 2 $180,000 $90,000 $4,795 5.19%
    Cañon City, CO (FHA|USDA|VA) 1 $175,000 $175,000 $3,684 4.63%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,641 4.38%
    MONROE, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,245 4.88%
    Winona, MN (FHA|USDA|VA) 1 $175,000 $175,000 $4,811 4.63%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $175,000 $175,000 $3,815 3.75%
    Cedar City, UT (FHA|USDA|VA) 1 $175,000 $175,000 $3,543 5.25%
    Burlington, IA-IL (FHA|USDA|VA) 2 $170,000 $85,000 $4,399 4.44%
    Danville, VA (FHA|USDA|VA) 2 $170,000 $85,000 $2,684 4.25%
    Greenville, OH (FHA|USDA|VA) 1 $165,000 $165,000 $7,410 5.13%
    Ottawa, IL (FHA|USDA|VA) 1 $165,000 $165,000 $9,223 4.13%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $165,000 $165,000 $4,280 3.75%
    Jacksonville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $10,509 5.50%
    DUBUQUE, IA (FHA|USDA|VA) 1 $165,000 $165,000 $2,565 4.88%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,780 4.50%
    Fergus Falls, MN (FHA|USDA|VA) 1 $155,000 $155,000 $2,846 3.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $155,000 $155,000 $8,040 3.75%
    Ludington, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,570 4.38%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $145,000 $145,000 $5,287 4.13%
    Grand Rapids, MN (FHA|USDA|VA) 1 $145,000 $145,000 $3,883 4.13%
    Corsicana, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,718 5.13%
    Traverse City, MI (FHA|USDA|VA) 1 $145,000 $145,000 $4,001 5.00%
    Fairmont, MN (FHA|USDA|VA) 1 $135,000 $135,000 $2,975 4.99%
    COLUMBIA, SC (FHA|USDA|VA) 1 $135,000 $135,000 $2,986 4.88%
    Tahlequah, OK (FHA|USDA|VA) 1 $135,000 $135,000 $6,626 5.13%
    LONGVIEW, TX (FHA|USDA|VA) 1 $135,000 $135,000 $7,050 4.13%
    Cambridge, MD (FHA|USDA|VA) 1 $125,000 $125,000 $5,346 4.38%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $125,000 $125,000 $5,849 5.13%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $125,000 $125,000 $40 5.63%
    Harrison, AR (FHA|USDA|VA) 1 $125,000 $125,000 $3,176 4.13%
    Branson, MO (FHA|USDA|VA) 1 $125,000 $125,000 $3,452 4.13%
    Jacksonville, IL (FHA|USDA|VA) 1 $125,000 $125,000 $2,616 4.88%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $125,000 $125,000 $4,455 4.50%
    Athens, TX (FHA|USDA|VA) 1 $125,000 $125,000 $6,826 5.75%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,656 5.13%
    TOPEKA, KS (FHA|USDA|VA) 1 $115,000 $115,000 $2,756 4.75%
    MOBILE, AL (FHA|USDA|VA) 1 $105,000 $105,000 $2,630 4.38%
    Palatka, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,604 4.88%
    Easton, MD (FHA|USDA|VA) 1 $105,000 $105,000 $3,698 5.25%
    Fremont, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,218 3.88%
    DECATUR, IL (FHA|USDA|VA) 1 $95,000 $95,000 $6,030 5.13%
    PINE BLUFF, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,446 4.63%
    Martinsville, VA (FHA|USDA|VA) 1 $95,000 $95,000 $6,396 5.50%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $85,000 $85,000 $5,631 3.88%
    Taylorville, IL (FHA|USDA|VA) 1 $85,000 $85,000 $4,942 4.75%
    HINESVILLE, GA (FHA|USDA|VA) 1 $85,000 $85,000 $3,942 5.38%
    Ruidoso, NM (FHA|USDA|VA) 1 $85,000 $85,000 $2,266 5.75%
    Salina, KS (FHA|USDA|VA) 1 $85,000 $85,000 $5,072 5.00%
    Ashland, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,603 4.63%
    Norfolk, NE (FHA|USDA|VA) 2 $80,000 $40,000 $2,019 2.56%
    Bartlesville, OK (FHA|USDA|VA) 1 $65,000 $65,000 $4,101 4.13%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $65,000 $65,000 $4,599 5.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $55,000 $55,000 $4,545 6.00%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $55,000 $55,000 $1,065 5.13%
    Sault Ste. Marie, MI (FHA|USDA|VA) 1 $55,000 $55,000 $2,050 3.63%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $55,000 $55,000 $3,803 5.00%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $55,000 $55,000 $4,041 5.38%
    Waterstone Mortgage Corporation's top markets include Albuquerque, Minneapolis, Orlando, Phoenix, and Salisbury among others.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 8,828 $1,997,990,000 $226,324 $5,342 4.53%
    FHA 2,961 $543,215,000 $183,457 $7,638 4.52%
    VA 1,058 $281,200,000 $265,784 $7,130 4.13%
    USDA 412 $66,580,000 $161,602 $5,848 4.22%

    For 2019, Waterstone Mortgage Corporation's most frequently originated type of loan was Conventional, with 8,828 originations. Their 2nd most popular type was FHA, with 2,961 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 11,146 $2,347,530,000 $210,616 $6,241 4.54%
    Refi 1,252 $337,090,000 $269,241 $4,463 4.08%
    Cash Out Refi 857 $203,705,000 $237,695 $5,319 4.46%
    Home Improvement 4 $660,000 $165,000 $4,447 4.56%

    For 2019, Waterstone Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 11,146 originations. The 2nd most popular reason was Refi, with 1,252 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 12,271 $2,712,705,000 $221,066 $5,503 4.52%
    15 Year 464 $105,190,000 $226,703 $4,301 3.68%
    10 Year 289 $3,475,000 $12,024 $278 4.58%
    20 Year 136 $31,490,000 $231,544 $4,073 4.10%
    30+ year 64 $28,760,000 $449,375 $147,114 5.14%
    Other 35 $7,365,000 $210,429 $4,415 3.94%

    For 2019, Waterstone Mortgage Corporation's most frequently cited loan duration was 30 Year, with 12,271 originations. The 2nd most popular length was 15 Year, with 464 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 5,675 $1,284,465,000 $226,337
    $2k-3k 2,618 $495,270,000 $189,179
    $<1k 1,918 $275,520,000 $143,650
    $3k-4k 1,582 $358,770,000 $226,783
    $5k+ 755 $278,725,000 $369,172
    $4k-5k 711 $196,235,000 $275,999

    Waterstone Mortgage Corporation's average total fees were $5,503, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,675 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 6,883 $1,524,785,000 $221,529
    3-4% 3,729 $951,245,000 $255,094
    5-6% 2,512 $390,320,000 $155,382
    6-7% 59 $9,145,000 $155,000
    2.5-3% 58 $13,050,000 $225,000
    <2.5% 18 $440,000 $24,444

    During 2019, Waterstone Mortgage Corporation's average interest rate for loans was 4.52%, while their most frequently originated rate bucket for loans was 4-5%, with 6,883 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 5,513 $1,513,935,000 $274,612 $6,238 4.33%
    $100k-200k 4,742 $725,740,000 $153,045 $5,007 4.52%
    $100,000 or less 1,937 $89,375,000 $46,141 $2,399 4.96%
    $400k-600k 868 $401,700,000 $462,788 $17,418 4.28%
    $600k-1MM 169 $121,475,000 $718,787 $8,457 4.33%
    $1MM+ 30 $36,760,000 $1,225,333 $13,277 4.24%

    2019 saw Waterstone Mortgage Corporation place emphasis on $200k-400k loans with 5,513 originations, totaling $1,513,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 3,827 $671,895,000 $175,567 $5,224 4.55%
    $50k or less 3,070 $369,930,000 $120,498 $4,408 4.61%
    $100k-150k 2,270 $632,770,000 $278,753 $9,755 4.40%
    $75k-100k 2,244 $516,820,000 $230,312 $5,748 4.45%
    $150k-250k 1,238 $438,470,000 $354,176 $5,947 4.35%
    $250k+ 473 $216,245,000 $457,178 $6,840 4.33%

    Waterstone Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 3,827 originations. The second most popular income band? $50k or less, with 3,070 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,243 $491,535,000 $219,142 $5,135 4.45%
    20-30% 2,064 $473,680,000 $229,496 $4,927 4.36%
    50-60% 974 $180,210,000 $185,021 $6,876 4.57%
    44% 689 $144,445,000 $209,644 $5,448 4.52%
    49% 627 $135,605,000 $216,276 $19,964 4.54%
    43% 618 $130,990,000 $211,958 $5,146 4.62%
    40% 593 $126,795,000 $213,820 $5,394 4.51%
    42% 588 $133,800,000 $227,551 $5,344 4.60%
    39% 558 $118,710,000 $212,742 $5,131 4.56%
    <20% 555 $124,765,000 $224,802 $4,617 4.22%
    41% 544 $116,360,000 $213,897 $5,484 4.56%
    45% 472 $96,850,000 $205,191 $5,308 4.60%
    36% 466 $101,930,000 $218,734 $5,111 4.51%
    48% 454 $99,920,000 $220,088 $5,563 4.54%
    38% 452 $101,950,000 $225,553 $5,164 4.55%
    37% 430 $99,930,000 $232,395 $5,294 4.51%
    47% 408 $85,150,000 $208,701 $5,521 4.61%
    46% 385 $81,085,000 $210,610 $5,707 4.61%
    >60% 39 $12,975,000 $332,692 $7,270 4.29%

    Waterstone Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 2,243 originations. The next most common DTI ratio? 20-30%, with 2,064 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,974 $2,374,940,000 $216,415 $6,053 4.49%
    Not provided 1,213 $274,055,000 $225,932 $5,625 4.45%
    Black 581 $124,545,000 $214,363 $6,574 4.61%
    Asian 291 $73,825,000 $253,694 $5,616 4.47%
    American Indian 157 $30,755,000 $195,892 $4,955 4.54%
    Asian Indian 12 $3,660,000 $305,000 $4,329 4.65%
    Other Asian 10 $2,710,000 $271,000 $6,500 4.24%
    Native Hawaiian or Islander 7 $1,635,000 $233,571 $8,320 4.36%
    Korean 2 $780,000 $390,000 $5,910 4.13%
    Filipino 4 $730,000 $182,500 $4,624 4.31%
    Other Pacific Islander 2 $510,000 $255,000 $8,668 4.63%
    Chinese 2 $490,000 $245,000 $4,155 4.94%
    Vietnamese 1 $155,000 $155,000 $6,731 4.63%
    Japanese 2 $120,000 $60,000 $1,421 4.38%
    1 $75,000 $75,000 $5,631 5.00%

    Approval Rates

    Total approvals of all applications
    95.23%

    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
    75.28%

    Waterstone Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 13,259 $2,888,985,000 $217,889

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 196 $24,940,000 $127,245
    Single Family (1-4 Units):Site-Built 13,063 $2,864,045,000 $219,249

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 179 $26,975,000 $150,698 $3,710 4.16%
    40-60% 579 $130,905,000 $226,088 $4,335 4.22%
    60-80% 2,656 $681,570,000 $256,615 $4,942 4.37%
    80-100% 8,705 $1,967,165,000 $225,981 $6,943 4.48%
    Over 100% 278 $74,220,000 $266,978 $10,006 4.21%
    Under 20% 858 $7,110,000 $8,287 $224 5.24%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    WATERSTONE MORTGAGE CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    WATERSTONE MORTGAGE CORPORATION FHA mortgage Closing on a mortgage 2 40.0%
    WATERSTONE MORTGAGE CORPORATION Other type of mortgage Closing on a mortgage 1 20.0%
    WATERSTONE MORTGAGE CORPORATION VA mortgage Closing on a mortgage 1 20.0%