T2 Financial Mortgage Rates, Fees & Info

COLUMBUS, OH

LEI: 549300GTVXJ2PGXNLM73

Tax ID: 82-3060879

4 stars - out of 5 stars, based on 96 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

T2 Financial is a small mortgage company specializing in Home Purchase and Refi loans. T2 Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Columbus, Myrtle Beach, Houston, Cincinnati, and Chicago among others. T2 Financial has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. T2 Financial is typically an average fee lendor.


Originations

9,136

Origination Dollar Volume (All Markets)

$2,347,520,000
Show all (13) awards

Relative Rate

T2 Financial 's average 30 year fixed rate mortgage of loans were 3.26%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.11%.

Relative Fees

T2 Financial 's average total fees for a 30 year fixed rate mortgage are $5,428.

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

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
COLUMBUS, OH (FHA|USDA|VA) 1,945 $474,685,000 $244,054 $4,870 3.16%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 742 $159,680,000 $215,202 $5,331 3.35%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 404 $113,590,000 $281,163 $6,484 3.26%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 512 $113,520,000 $221,719 $5,509 3.14%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 263 $77,335,000 $294,049 $6,646 3.19%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 238 $74,500,000 $313,025 $4,749 3.11%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 311 $69,745,000 $224,260 $3,700 3.20%
RALEIGH-CARY, NC (FHA|USDA|VA) 212 $69,240,000 $326,604 $4,922 3.15%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 155 $59,555,000 $384,226 $4,960 3.02%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 204 $58,620,000 $287,353 $4,751 3.18%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 262 $55,620,000 $212,290 $4,378 2.99%
COLORADO SPRINGS, CO (FHA|USDA|VA) 151 $50,955,000 $337,450 $6,078 2.87%
Outside of Metro Areas 192 $38,120,000 $198,542 $4,795 3.32%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 124 $37,810,000 $304,919 $6,610 3.09%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 94 $32,790,000 $348,830 $5,532 3.09%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 98 $30,420,000 $310,408 $5,752 2.86%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 87 $29,625,000 $340,517 $2,121 2.71%
DAYTON-KETTERING, OH (FHA|USDA|VA) 161 $29,405,000 $182,640 $4,882 3.31%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 87 $29,355,000 $337,414 $4,318 3.28%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 130 $27,460,000 $211,231 $6,077 3.15%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 85 $25,595,000 $301,118 $7,264 3.54%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 71 $24,665,000 $347,394 $7,450 3.27%
AKRON, OH (FHA|USDA|VA) 116 $23,920,000 $206,207 $3,982 3.02%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 64 $23,690,000 $370,156 $5,738 3.47%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 67 $22,415,000 $334,552 $7,658 3.32%
KNOXVILLE, TN (FHA|USDA|VA) 88 $20,940,000 $237,955 $5,327 3.22%
FORT COLLINS, CO (FHA|USDA|VA) 53 $20,055,000 $378,396 $7,102 3.05%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 35 $18,855,000 $538,714 $4,698 3.21%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 76 $17,860,000 $235,000 $5,672 3.21%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 72 $16,550,000 $229,861 $4,589 3.21%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 36 $14,840,000 $412,222 $2,960 2.52%
Sevierville, TN (FHA|USDA|VA) 41 $13,855,000 $337,927 $6,429 3.55%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 51 $13,365,000 $262,059 $4,612 3.03%
MUSKEGON, MI (FHA|USDA|VA) 72 $12,130,000 $168,472 $5,036 3.33%
JACKSONVILLE, FL (FHA|USDA|VA) 40 $11,080,000 $277,000 $4,407 2.90%
SPRINGFIELD, OH (FHA|USDA|VA) 71 $10,585,000 $149,085 $5,150 3.29%
Georgetown, SC (FHA|USDA|VA) 38 $10,350,000 $272,368 $5,325 3.22%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 37 $10,295,000 $278,243 $5,606 3.14%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 42 $9,740,000 $231,905 $5,808 3.36%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 22 $9,230,000 $419,545 $2,677 2.52%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 37 $9,095,000 $245,811 $4,078 3.38%
GREELEY, CO (FHA|USDA|VA) 23 $8,995,000 $391,087 $7,711 2.94%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 40 $8,870,000 $221,750 $3,434 3.10%
Traverse City, MI (FHA|USDA|VA) 40 $8,800,000 $220,000 $5,540 3.24%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 19 $8,585,000 $451,842 $2,386 2.62%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 29 $8,195,000 $282,586 $4,815 2.90%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 34 $8,150,000 $239,706 $6,398 3.07%
FAYETTEVILLE, NC (FHA|USDA|VA) 41 $7,855,000 $191,585 $4,786 3.34%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 22 $7,100,000 $322,727 $6,181 3.08%
Morehead City, NC (FHA|USDA|VA) 16 $7,050,000 $440,625 $5,602 3.34%
WICHITA, KS (FHA|USDA|VA) 39 $6,915,000 $177,308 $4,902 3.48%
CANTON-MASSILLON, OH (FHA|USDA|VA) 34 $6,490,000 $190,882 $4,233 2.80%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 41 $6,155,000 $150,122 $3,357 3.15%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 14 $6,010,000 $429,286 $4,083 2.57%
FRESNO, CA (FHA|USDA|VA) 21 $5,905,000 $281,190 $5,916 3.09%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 12 $5,800,000 $483,333 $6,957 3.55%
RACINE, WI (FHA|USDA|VA) 22 $5,370,000 $244,091 $4,360 3.16%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 19 $5,175,000 $272,368 $7,295 3.17%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 16 $5,070,000 $316,875 $5,467 2.94%
BOULDER, CO (FHA|USDA|VA) 11 $5,065,000 $460,455 $3,703 2.83%
Athens, OH (FHA|USDA|VA) 33 $4,955,000 $150,152 $4,232 3.52%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 13 $4,675,000 $359,615 $3,743 3.01%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 11 $4,515,000 $410,455 $9,100 3.10%
TOLEDO, OH (FHA|USDA|VA) 23 $4,485,000 $195,000 $3,560 2.89%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 15 $4,455,000 $297,000 $5,067 2.95%
Fort Leonard Wood, MO (FHA|USDA|VA) 25 $4,425,000 $177,000 $4,466 3.32%
WILMINGTON, NC (FHA|USDA|VA) 15 $4,335,000 $289,000 $4,428 3.14%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 18 $4,090,000 $227,222 $6,485 3.14%
Washington Court House, OH (FHA|USDA|VA) 19 $3,845,000 $202,368 $6,467 3.37%
PITTSBURGH, PA (FHA|USDA|VA) 18 $3,680,000 $204,444 $6,972 3.11%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 18 $3,680,000 $204,444 $6,997 3.24%
Augusta-Waterville, ME (FHA|USDA|VA) 16 $3,640,000 $227,500 $5,666 3.43%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 10 $3,440,000 $344,000 $8,596 3.12%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $3,385,000 $376,111 $7,032 3.21%
Tullahoma-Manchester, TN (FHA|USDA|VA) 12 $3,340,000 $278,333 $5,539 3.19%
PORT ST. LUCIE, FL (FHA|USDA|VA) 13 $3,205,000 $246,538 $4,274 2.89%
WINSTON-SALEM, NC (FHA|USDA|VA) 17 $3,175,000 $186,765 $5,991 3.27%
COLUMBIA, SC (FHA|USDA|VA) 13 $3,165,000 $243,462 $7,483 3.30%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 22 $3,160,000 $143,636 $4,430 3.23%
Urbana, OH (FHA|USDA|VA) 16 $3,150,000 $196,875 $5,963 3.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $3,085,000 $440,714 $12,124 3.14%
Breckenridge, CO (FHA|USDA|VA) 6 $3,070,000 $511,667 $6,865 2.79%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 8 $3,020,000 $377,500 $4,008 2.33%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 10 $2,940,000 $294,000 $4,033 2.91%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 14 $2,930,000 $209,286 $5,165 3.13%
STOCKTON, CA (FHA|USDA|VA) 7 $2,895,000 $413,571 $3,313 2.59%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $2,810,000 $281,000 $4,177 3.07%
ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $2,790,000 $348,750 $5,214 3.28%
Mount Vernon, OH (FHA|USDA|VA) 13 $2,645,000 $203,462 $4,120 3.14%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 11 $2,625,000 $238,636 $6,517 3.38%
Marion, OH (FHA|USDA|VA) 19 $2,495,000 $131,316 $4,509 3.41%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $2,455,000 $491,000 $7,848 3.28%
WAUSAU-WESTON, WI (FHA|USDA|VA) 12 $2,430,000 $202,500 $2,730 3.08%
TUCSON, AZ (FHA|USDA|VA) 10 $2,330,000 $233,000 $3,139 2.83%
PUNTA GORDA, FL (FHA|USDA|VA) 9 $2,325,000 $258,333 $5,176 3.22%
LANCASTER, PA (FHA|USDA|VA) 9 $2,245,000 $249,444 $7,459 3.07%
GETTYSBURG, PA (FHA|USDA|VA) 11 $2,235,000 $203,182 $6,549 3.22%
Kill Devil Hills, NC (FHA|USDA|VA) 6 $2,150,000 $358,333 $5,524 3.20%
BURLINGTON, NC (FHA|USDA|VA) 9 $2,145,000 $238,333 $4,949 3.24%
READING, PA (FHA|USDA|VA) 11 $2,065,000 $187,727 $6,693 3.37%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $2,030,000 $338,333 $5,397 2.75%
NEW BERN, NC (FHA|USDA|VA) 7 $1,975,000 $282,143 $4,578 3.18%
Holland, MI (FHA|USDA|VA) 10 $1,970,000 $197,000 $4,220 3.22%
MANSFIELD, OH (FHA|USDA|VA) 10 $1,830,000 $183,000 $4,922 3.34%
YORK-HANOVER, PA (FHA|USDA|VA) 8 $1,800,000 $225,000 $6,845 3.28%
PUEBLO, CO (FHA|USDA|VA) 6 $1,770,000 $295,000 $6,092 3.21%
FLAGSTAFF, AZ (FHA|USDA|VA) 5 $1,725,000 $345,000 $2,777 3.23%
MADERA, CA (FHA|USDA|VA) 4 $1,630,000 $407,500 $7,663 3.38%
Bellefontaine, OH (FHA|USDA|VA) 10 $1,620,000 $162,000 $5,120 3.15%
TALLAHASSEE, FL (FHA|USDA|VA) 9 $1,605,000 $178,333 $4,409 2.94%
Wooster, OH (FHA|USDA|VA) 9 $1,555,000 $172,778 $4,428 2.78%
ASHEVILLE, NC (FHA|USDA|VA) 6 $1,550,000 $258,333 $5,785 3.21%
Chillicothe, OH (FHA|USDA|VA) 9 $1,515,000 $168,333 $6,183 3.28%
LEBANON, PA (FHA|USDA|VA) 6 $1,490,000 $248,333 $6,796 2.96%
Zanesville, OH (FHA|USDA|VA) 6 $1,450,000 $241,667 $4,660 3.25%
RICHMOND, VA (FHA|USDA|VA) 5 $1,375,000 $275,000 $6,477 3.03%
Whitewater, WI (FHA|USDA|VA) 6 $1,370,000 $228,333 $3,969 3.42%
CUMBERLAND, MD-WV (FHA|USDA|VA) 11 $1,365,000 $124,091 $4,584 3.78%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $1,285,000 $428,333 $8,632 3.29%
LIMA, OH (FHA|USDA|VA) 6 $1,240,000 $206,667 $4,636 3.15%
KANSAS CITY, MO-KS (FHA|USDA|VA) 7 $1,235,000 $176,429 $5,600 3.41%
SALINAS, CA (FHA|USDA|VA) 3 $1,225,000 $408,333 $3,074 3.17%
VISALIA, CA (FHA|USDA|VA) 4 $1,220,000 $305,000 $4,809 2.63%
GAINESVILLE, FL (FHA|USDA|VA) 5 $1,215,000 $243,000 $4,482 2.53%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 4 $1,170,000 $292,500 $8,068 3.09%
MORRISTOWN, TN (FHA|USDA|VA) 4 $1,150,000 $287,500 $6,883 3.87%
Shelbyville, TN (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,566 3.25%
Sidney, OH (FHA|USDA|VA) 5 $1,135,000 $227,000 $3,722 3.03%
Sanford, NC (FHA|USDA|VA) 4 $1,110,000 $277,500 $7,412 2.88%
ANN ARBOR, MI (FHA|USDA|VA) 2 $1,110,000 $555,000 $3,930 2.88%
EAST STROUDSBURG, PA (FHA|USDA|VA) 5 $1,035,000 $207,000 $5,928 3.25%
BANGOR, ME (FHA|USDA|VA) 5 $955,000 $191,000 $6,531 3.43%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 4 $950,000 $237,500 $4,317 3.25%
Findlay, OH (FHA|USDA|VA) 4 $920,000 $230,000 $4,958 3.34%
MODESTO, CA (FHA|USDA|VA) 2 $920,000 $460,000 $3,857 2.87%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $915,000 $305,000 $10,656 3.13%
Lewisburg, TN (FHA|USDA|VA) 3 $895,000 $298,333 $8,258 3.25%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $890,000 $445,000 $5,516 3.31%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $890,000 $445,000 $1,986 2.19%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $870,000 $217,500 $2,199 3.00%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $870,000 $435,000 $3,722 3.43%
Steamboat Springs, CO (FHA|USDA|VA) 2 $860,000 $430,000 $6,422 3.25%
Wilmington, OH (FHA|USDA|VA) 5 $855,000 $171,000 $6,191 3.30%
Rolla, MO (FHA|USDA|VA) 5 $845,000 $169,000 $2,531 3.32%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $840,000 $420,000 $9,016 3.38%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $840,000 $140,000 $3,495 3.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $840,000 $420,000 $2,178 3.06%
PANAMA CITY, FL (FHA|USDA|VA) 3 $835,000 $278,333 $2,350 3.08%
Bonham, TX (FHA|USDA|VA) 3 $825,000 $275,000 $7,690 2.96%
Beaver Dam, WI (FHA|USDA|VA) 3 $785,000 $261,667 $4,446 3.25%
Newport, TN (FHA|USDA|VA) 4 $770,000 $192,500 $3,857 3.09%
ROCKY MOUNT, NC (FHA|USDA|VA) 5 $765,000 $153,000 $6,180 3.43%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 4 $760,000 $190,000 $5,476 3.50%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $760,000 $380,000 $3,631 3.00%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $715,000 $238,333 $3,634 3.13%
Stevens Point, WI (FHA|USDA|VA) 4 $700,000 $175,000 $3,487 3.16%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $690,000 $345,000 $3,233 2.19%
Salem, OH (FHA|USDA|VA) 4 $690,000 $172,500 $4,242 2.84%
Jacksonville, TX (FHA|USDA|VA) 1 $685,000 $685,000 $20,597 3.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $655,000 $218,333 $5,036 3.12%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 4 $650,000 $162,500 $3,658 2.63%
McMinnville, TN (FHA|USDA|VA) 2 $640,000 $320,000 $11,778 3.19%
Ashland, OH (FHA|USDA|VA) 4 $620,000 $155,000 $2,866 2.41%
LAREDO, TX (FHA|USDA|VA) 3 $615,000 $205,000 $4,148 2.67%
CHICO, CA (FHA|USDA|VA) 2 $610,000 $305,000 $6,064 3.12%
North Wilkesboro, NC (FHA|USDA|VA) 3 $585,000 $195,000 $4,436 3.00%
Wilson, NC (FHA|USDA|VA) 3 $585,000 $195,000 $5,718 3.46%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $575,000 $191,667 $4,600 3.33%
Jackson, OH (FHA|USDA|VA) 3 $565,000 $188,333 $5,138 3.33%
THE VILLAGES, FL (FHA|USDA|VA) 3 $555,000 $185,000 $5,873 3.21%
Ludington, MI (FHA|USDA|VA) 3 $555,000 $185,000 $5,576 3.46%
Portsmouth, OH (FHA|USDA|VA) 3 $555,000 $185,000 $5,939 3.00%
Tiffin, OH (FHA|USDA|VA) 6 $550,000 $91,667 $4,444 3.40%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $550,000 $275,000 $3,401 2.25%
Cookeville, TN (FHA|USDA|VA) 3 $545,000 $181,667 $3,418 3.33%
ROANOKE, VA (FHA|USDA|VA) 1 $545,000 $545,000 $3,271 2.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $540,000 $270,000 $8,009 3.19%
Marion, NC (FHA|USDA|VA) 2 $530,000 $265,000 $5,354 2.31%
ROCKFORD, IL (FHA|USDA|VA) 2 $530,000 $265,000 $5,696 3.18%
Fredericksburg, TX (FHA|USDA|VA) 2 $530,000 $265,000 $6,629 3.69%
SUMTER, SC (FHA|USDA|VA) 3 $525,000 $175,000 $5,685 4.29%
MONTGOMERY, AL (FHA|USDA|VA) 3 $525,000 $175,000 $6,348 3.13%
OCALA, FL (FHA|USDA|VA) 3 $525,000 $175,000 $7,475 2.96%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $520,000 $260,000 $5,901 3.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $495,000 $495,000 $7,279 3.88%
Crossville, TN (FHA|USDA|VA) 2 $490,000 $245,000 $4,051 3.56%
Sandusky, OH (FHA|USDA|VA) 3 $485,000 $161,667 $3,149 2.88%
GOLDSBORO, NC (FHA|USDA|VA) 2 $480,000 $240,000 $5,812 3.18%
WHEELING, WV-OH (FHA|USDA|VA) 2 $470,000 $235,000 $3,931 3.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $465,000 $465,000 $8,125 2.99%
Key West, FL (FHA|USDA|VA) 1 $465,000 $465,000 $4,761 2.88%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $460,000 $230,000 $3,252 3.06%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $450,000 $225,000 $1,589 3.81%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $445,000 $445,000 $4,902 3.13%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $445,000 $445,000 $7,377 3.49%
REDDING, CA (FHA|USDA|VA) 1 $445,000 $445,000 $1,021 2.50%
FORT WAYNE, IN (FHA|USDA|VA) 1 $435,000 $435,000 $7,224 2.75%
Brownwood, TX (FHA|USDA|VA) 1 $425,000 $425,000 $13,379 2.99%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $425,000 $141,667 $5,236 3.00%
Edwards, CO (FHA|USDA|VA) 1 $415,000 $415,000 $3,589 2.75%
GAINESVILLE, GA (FHA|USDA|VA) 1 $415,000 $415,000 $4,301 3.38%
Albemarle, NC (FHA|USDA|VA) 2 $410,000 $205,000 $6,219 3.50%
Norwalk, OH (FHA|USDA|VA) 2 $410,000 $205,000 $4,601 3.00%
Lumberton, NC (FHA|USDA|VA) 2 $410,000 $205,000 $7,713 3.31%
BATON ROUGE, LA (FHA|USDA|VA) 1 $405,000 $405,000 $5,276 3.63%
JACKSON, TN (FHA|USDA|VA) 2 $400,000 $200,000 $1,908 3.00%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $400,000 $200,000 $4,680 4.38%
SAVANNAH, GA (FHA|USDA|VA) 2 $390,000 $195,000 $4,756 3.25%
Lebanon, MO (FHA|USDA|VA) 1 $375,000 $375,000 $956 3.25%
LONGVIEW, WA (FHA|USDA|VA) 1 $365,000 $365,000 $4,206 2.88%
Shelby, NC (FHA|USDA|VA) 2 $360,000 $180,000 $4,432 3.38%
GREENVILLE, NC (FHA|USDA|VA) 2 $360,000 $180,000 $2,134 3.38%
New Philadelphia-Dover, OH (FHA|USDA|VA) 3 $355,000 $118,333 $4,379 3.79%
COLUMBUS, IN (FHA|USDA|VA) 1 $345,000 $345,000 $3,236 2.99%
Centralia, WA (FHA|USDA|VA) 1 $345,000 $345,000 $4,618 2.88%
Fremont, OH (FHA|USDA|VA) 2 $340,000 $170,000 $3,692 2.94%
LYNCHBURG, VA (FHA|USDA|VA) 1 $335,000 $335,000 $3,309 3.13%
Fort Morgan, CO (FHA|USDA|VA) 1 $335,000 $335,000 $2,402 3.88%
ERIE, PA (FHA|USDA|VA) 3 $335,000 $111,667 $4,178 3.29%
Point Pleasant, WV-OH (FHA|USDA|VA) 2 $330,000 $165,000 $6,473 3.31%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $330,000 $165,000 $5,506 3.25%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $325,000 $325,000 $4,535 3.38%
New Castle, IN (FHA|USDA|VA) 3 $325,000 $108,333 $4,155 3.42%
FLORENCE, SC (FHA|USDA|VA) 3 $315,000 $105,000 $4,612 3.33%
Greenville, OH (FHA|USDA|VA) 1 $315,000 $315,000 $4,214 3.38%
KANKAKEE, IL (FHA|USDA|VA) 1 $315,000 $315,000 $5,361 3.63%
Laconia, NH (FHA|USDA|VA) 1 $315,000 $315,000 $3,275 3.49%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $315,000 $315,000 $3,712 2.99%
MADISON, WI (FHA|USDA|VA) 2 $310,000 $155,000 $3,886 3.06%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $310,000 $155,000 $5,451 3.87%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $305,000 $305,000 $4,747 3.63%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $305,000 $305,000 $12,958 3.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,832 2.75%
Sunbury, PA (FHA|USDA|VA) 1 $305,000 $305,000 $10,707 3.25%
Peru, IN (FHA|USDA|VA) 2 $300,000 $150,000 $5,794 2.94%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $295,000 $295,000 $5,476 3.25%
Concord, NH (FHA|USDA|VA) 1 $295,000 $295,000 $4,126 2.63%
APPLETON, WI (FHA|USDA|VA) 2 $290,000 $145,000 $4,625 3.06%
Laurinburg, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,736 3.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $275,000 $275,000 $1,702 2.99%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $275,000 $275,000 $3,173 3.00%
JACKSON, MI (FHA|USDA|VA) 2 $270,000 $135,000 $5,939 3.19%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $270,000 $135,000 $3,700 3.25%
MOBILE, AL (FHA|USDA|VA) 2 $270,000 $135,000 $5,547 2.62%
GREEN BAY, WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,907 2.99%
FLINT, MI (FHA|USDA|VA) 1 $255,000 $255,000 $8,819 3.49%
YUMA, AZ (FHA|USDA|VA) 2 $250,000 $125,000 $2,271 2.75%
Athens, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,829 3.38%
Elizabeth City, NC (FHA|USDA|VA) 1 $245,000 $245,000 $8,121 3.25%
Huntsville, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,723 3.25%
BRUNSWICK, GA (FHA|USDA|VA) 1 $245,000 $245,000 $5,891 3.63%
Bucyrus-Galion, OH (FHA|USDA|VA) 3 $235,000 $78,333 $2,182 2.83%
SPARTANBURG, SC (FHA|USDA|VA) 1 $235,000 $235,000 $4,084 3.49%
Dayton, TN (FHA|USDA|VA) 2 $230,000 $115,000 $4,412 3.12%
FOND DU LAC, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,476 3.25%
LONGVIEW, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,240 3.25%
Mount Airy, NC (FHA|USDA|VA) 1 $225,000 $225,000 $4,186 3.25%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $8,069 3.38%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $215,000 $215,000 $7,970 3.88%
DULUTH, MN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,552 3.00%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $215,000 $215,000 $9,243 4.13%
Kinston, NC (FHA|USDA|VA) 1 $215,000 $215,000 $11,459 3.13%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,166 3.38%
JOPLIN, MO (FHA|USDA|VA) 1 $205,000 $205,000 $6,175 1.99%
Pottsville, PA (FHA|USDA|VA) 2 $200,000 $100,000 $4,402 3.31%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $200,000 $100,000 $4,255 3.50%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $195,000 $195,000 $7,910 2.99%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $195,000 $195,000 $11,406 2.50%
Adrian, MI (FHA|USDA|VA) 1 $195,000 $195,000 $5,577 2.25%
Cadillac, MI (FHA|USDA|VA) 2 $190,000 $95,000 $4,693 3.31%
Dyersburg, TN (FHA|USDA|VA) 1 $185,000 $185,000 $1,326 2.13%
PEORIA, IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,772 2.75%
Kirksville, MO (FHA|USDA|VA) 1 $185,000 $185,000 $2,846 2.63%
YAKIMA, WA (FHA|USDA|VA) 1 $185,000 $185,000 $6,170 3.38%
Ottawa, IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,213 2.88%
Henderson, NC (FHA|USDA|VA) 1 $175,000 $175,000 $8,327 2.88%
Richmond-Berea, KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,558 2.88%
Forest City, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,728 3.38%
Paducah, KY-IL (FHA|USDA|VA) 1 $165,000 $165,000 $8,228 3.00%
SAGINAW, MI (FHA|USDA|VA) 1 $165,000 $165,000 $3,148 2.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $1,330 2.63%
Vidalia, GA (FHA|USDA|VA) 1 $155,000 $155,000 $6,210 3.00%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $155,000 $155,000 $4,527 2.63%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $155,000 $155,000 $6,434 2.63%
Mount Pleasant, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,434 3.25%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $155,000 $155,000 $7,519 3.63%
Wapakoneta, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,982 2.75%
DALTON, GA (FHA|USDA|VA) 1 $155,000 $155,000 $8,067 2.38%
Nogales, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $981 2.99%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $155,000 $155,000 $6,634 3.25%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,233 3.75%
Boone, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,363 3.63%
BECKLEY, WV (FHA|USDA|VA) 1 $145,000 $145,000 $3,413 2.50%
CaƱon City, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,940 3.25%
Marietta, OH (FHA|USDA|VA) 1 $135,000 $135,000 $4,912 3.12%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,455 3.00%
WACO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,017 2.25%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,314 3.50%
Sedalia, MO (FHA|USDA|VA) 1 $125,000 $125,000 $5,976 3.25%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,991 3.25%
Palatka, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,920 3.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,059 3.38%
Jacksonville, IL (FHA|USDA|VA) 1 $115,000 $115,000 $2,193 2.75%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $115,000 $115,000 $7,215 4.13%
Sayre, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,965 3.12%
NILES, MI (FHA|USDA|VA) 1 $105,000 $105,000 $4,232 3.00%
DuBois, PA (FHA|USDA|VA) 1 $105,000 $105,000 $5,223 2.63%
Selinsgrove, PA (FHA|USDA|VA) 1 $95,000 $95,000 $3,802 3.75%
Cambridge, OH (FHA|USDA|VA) 1 $95,000 $95,000 $3,288 2.38%
Fort Payne, AL (FHA|USDA|VA) 1 $95,000 $95,000 $4,863 3.25%
Alpena, MI (FHA|USDA|VA) 1 $95,000 $95,000 $5,561 2.50%
Lawrenceburg, TN (FHA|USDA|VA) 1 $85,000 $85,000 $5,041 4.50%
Bradford, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,513 3.25%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $85,000 $85,000 $3,734 2.99%
Houghton, MI (FHA|USDA|VA) 1 $85,000 $85,000 $4,645 3.25%
Van Wert, OH (FHA|USDA|VA) 1 $75,000 $75,000 $1,371 2.75%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,935 3.13%
Marinette, WI-MI (FHA|USDA|VA) 1 $65,000 $65,000 $2,319 3.88%

T2 Financial 's top markets include Columbus, Myrtle Beach, Houston, Cincinnati, and Chicago among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 7,149 $1,864,465,000 $260,801 $4,418 3.14%
FHA 1,348 $289,740,000 $214,941 $8,462 3.39%
VA 504 $167,920,000 $333,175 $7,083 3.01%
USDA 135 $25,395,000 $188,111 $5,899 3.23%

For the 2021 period, T2 Financial 's most frequently originated loan type of loans were Conventional, with 7,149 originations. Their 2nd most popular type is FHA, with 1,348 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 5,579 $1,431,615,000 $256,608 $5,885 3.32%
Refi 2,111 $533,285,000 $252,622 $3,692 2.81%
Cash Out Refi 1,446 $382,620,000 $264,606 $4,652 3.13%

For the 2021, T2 Financial 's most frequently cited loan purpose of loans were Home Purchase, with 5,579 originations. The 2nd most popular reason of loans were Refi, with 2,111 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 8,041 $2,084,375,000 $259,218 $5,428 3.26%
15 Year 736 $176,520,000 $239,837 $3,430 2.46%
20 Year 229 $57,855,000 $252,642 $3,454 2.79%
10 Year 69 $14,545,000 $210,797 $2,686 2.33%
Other 61 $14,225,000 $233,197 $3,251 2.97%

For the 2021, T2 Financial 's most frequently cited loan length of loans were 30 Year, with 8,041 originations. The 2nd most popular length of loans were 15 Year, with 736 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 5,119 $1,279,725,000 $249,995
$2k-3k 1,344 $304,130,000 $226,287
$3k-4k 1,204 $304,570,000 $252,965
$<1k 964 $264,210,000 $274,077
$5k+ 504 $194,590,000 $386,091

$5,428 of loans were T2 Financial 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 5,119 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 4,935 $1,210,465,000 $245,282
2.5-3% 2,879 $787,405,000 $273,499
<2.5% 869 $258,425,000 $297,382
4-5% 446 $89,440,000 $200,538
5-6% 7 $1,785,000 $255,000

During 2021, T2 Financial 's average interest rate of loans were 3.26%, while their most frequently originated rate bucket of loans were 3-4%, with 4,935 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,438 $1,234,850,000 $278,245 $5,544 3.16%
$100k-200k 3,113 $482,335,000 $154,942 $4,468 3.23%
$400k-600k 985 $468,625,000 $475,761 $5,850 2.99%
$100,000 or less 453 $36,635,000 $80,872 $3,877 3.39%
$600k-1MM 120 $89,960,000 $749,667 $8,594 3.02%
$1MM+ 27 $35,115,000 $1,300,556 $10,174 3.06%

2021 saw T2 Financial place emphasis on $200k-400k loans with 4,438 originations, totaling $1,234,850,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 2,327 $492,935,000 $211,833 $5,445 3.26%
$100k-150k 1,857 $555,145,000 $298,947 $5,126 3.11%
$50k or less 1,708 $286,440,000 $167,705 $4,921 3.24%
$75k-100k 1,592 $398,450,000 $250,283 $5,269 3.18%
$150k-250k 1,161 $403,655,000 $347,679 $4,901 3.01%
$250k+ 463 $202,845,000 $438,110 $5,471 3.09%

T2 Financial lent most frequently to those with incomes in the $50k-75k range, with 2,327 originations. The second most popular income band? $100k-150k, with 1,857 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,826 $468,090,000 $256,347 $4,376 3.06%
30-36% 1,730 $451,720,000 $261,110 $5,019 3.18%
<20% 609 $153,075,000 $251,355 $3,940 2.91%
44% 463 $120,205,000 $259,622 $5,552 3.28%
42% 384 $102,670,000 $267,370 $5,466 3.29%
50-60% 383 $91,855,000 $239,830 $8,056 3.24%
43% 351 $93,405,000 $266,111 $5,751 3.30%
40% 346 $90,540,000 $261,676 $5,356 3.24%
41% 344 $86,120,000 $250,349 $5,469 3.26%
39% 342 $89,660,000 $262,164 $5,300 3.21%
38% 327 $83,045,000 $253,960 $5,203 3.25%
36% 302 $77,110,000 $255,331 $5,069 3.18%
37% 301 $79,935,000 $265,565 $5,419 3.27%
45% 291 $71,185,000 $244,622 $5,517 3.24%
49% 290 $71,580,000 $246,828 $6,099 3.29%
48% 250 $64,770,000 $259,080 $5,998 3.23%
46% 237 $60,715,000 $256,181 $5,704 3.27%
47% 227 $54,315,000 $239,273 $5,528 3.23%
>60% 12 $3,760,000 $313,333 $4,994 3.10%

T2 Financial lent most frequently to those with DTI ratios of 20-30%, with 1,826 originations. The next most common DTI ratio? 30-36%, with 1,730 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 7,023 $1,812,785,000 $258,121 $5,152 3.16%
Asian 837 $211,125,000 $252,240 $4,546 3.11%
Black 723 $176,285,000 $243,824 $6,593 3.40%
Not provided 294 $84,770,000 $288,333 $4,408 3.05%
Not applicable 197 $46,415,000 $235,609 $4,957 3.01%
American Indian 38 $8,650,000 $227,632 $6,561 3.27%
Asian Indian 14 $3,820,000 $272,857 $2,746 2.88%
Native Hawaiian 7 $2,525,000 $360,714 $3,542 2.98%
Filipino 2 $890,000 $445,000 $4,189 3.31%
Chinese 1 $255,000 $255,000 $2,340 1.99%

Approval Rates

Total approvals of all applications
97.41%

T2 Financial 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
79.91%

T2 Financial has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 9,136 $2,347,520,000 $256,953

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
9,136 $2,347,520,000 $256,953

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 259 $50,715,000 $195,811 $3,251 2.75%
40-60% 1,000 $241,110,000 $241,110 $3,571 2.80%
60-80% 3,163 $837,015,000 $264,627 $4,507 3.15%
80-100% 4,580 $1,180,240,000 $257,694 $5,962 3.29%
Over 100% 103 $32,575,000 $316,262 $12,532 3.14%
Under 20% 18 $2,530,000 $140,556 $2,490 2.73%