Dupont Community Mortgage Rates, Fees & Info

Waynesboro, VA

LEI: 549300H88NIQ6005M718

Tax ID: 54-0662923

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Dupont Community is a smaller mortgage company specializing in Home Purchase loans. Dupont Community has a high proportion of conventional loans. Their top markets by origination volume include: Staunton, Harrisonburg, Charlottesville, Richmond, and Washington among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dupont Community has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Dupont Community is typically a low 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
    Home Equity Line of Credit (HELOC) 5.41% 4/21/24
    30 Year Conventional Purchase 6.42% 4/21/24
    30 Year Conventional Refi 6.36% 4/21/24
    30 Year Cash-out Refi 6.27% 4/21/24
    30 Year FHA Purchase 7.34% 4/21/24
    30 Year FHA Refi 7.76% 4/21/24
    30 Year VA Purchase 6.63% 4/21/24
    30 Year USDA Purchase 7.05% 4/21/24
    15 Year Conventional Purchase 5.01% 4/21/24
    15 Year Conventional Refi 5.06% 4/21/24
    15 Year Cash-out Refi 5.06% 4/21/24
    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.

    Dupont Community Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Dupont Community. 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

    1,207

    Origination Dollar Volume (All Markets)

    $137,435,000
    Show all (11) 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
    STAUNTON, VA (FHA|USDA|VA) 833 $92,675,000 $111,255 $1,964 4.62%
    HARRISONBURG, VA (FHA|USDA|VA) 203 $25,605,000 $126,133 $2,565 4.87%
    Outside of Metro Areas 115 $11,035,000 $95,957 $2,400 4.85%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 33 $5,125,000 $155,303 $2,214 4.41%
    RICHMOND, VA (FHA|USDA|VA) 7 $855,000 $122,143 $2,860 4.32%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $610,000 $152,500 $1,624 4.22%
    ROANOKE, VA (FHA|USDA|VA) 3 $575,000 $191,667 $1,977 4.50%
    LYNCHBURG, VA (FHA|USDA|VA) 4 $410,000 $102,500 $3,077 4.09%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $235,000 $78,333 $1,673 5.46%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $185,000 $185,000 $4,747 5.38%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.75%
    Dupont Community's top markets include Staunton, Harrisonburg, Charlottesville, Richmond, and Washington among others.

    Their top states include:
  • Virginia (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against DUPONT COMMUNITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 84
    UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC.
    Similarity Rank: 96
    City National Bank of West Virginia
    Similarity Rank: 114
    DUPONT COMMUNITY
    Similarity Rank: 231
    Tidewater Home Funding, LLC
    Similarity Rank: 561
    CAPITAL CENTER, L.L.C.
    Similarity Rank: 572
    F & M BANK CORP.
    Similarity Rank: 650
    Virginia Credit Union, Inc.
    Similarity Rank: 690
    FIRST BANCORP
    Similarity Rank: 792
    MYCUMORTGAGE, LLC
    Similarity Rank: 966

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 659 $96,865,000 $146,988 $1,842 4.58%
    HELOC 469 $27,975,000 $59,648 n/a 4.79%
    USDA 66 $10,350,000 $156,818 $4,223 4.69%
    VA 13 $2,245,000 $172,692 $3,732 4.85%

    For 2018, Dupont Community's most frequently originated type of loan was Conventional, with 659 originations. Their 2nd most popular type was HELOC, with 469 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 381 $23,875,000 $62,664 $982 4.96%
    Home Purchase 357 $62,675,000 $175,560 $2,839 4.51%
    Home Improvement 200 $10,050,000 $50,250 $510 5.03%
    Cash Out Refi 148 $22,680,000 $153,243 $1,660 4.15%
    Refi 121 $18,155,000 $150,041 $1,331 4.20%

    For 2018, Dupont Community's most frequently cited loan purpose was Other, with 381 originations. The 2nd most popular reason was Home Purchase, with 357 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 528 $90,990,000 $172,330 $2,338 4.36%
    15 Year 515 $33,745,000 $65,524 $1,616 4.73%
    10 Year 72 $2,760,000 $38,333 $408 6.38%
    20 Year 32 $4,670,000 $145,938 $1,790 4.47%
    Other 31 $4,445,000 $143,387 $0 0.00%
    5 Year 29 $825,000 $28,448 $414 5.24%

    For 2018, Dupont Community's most frequently cited loan duration was 30 Year, with 528 originations. The 2nd most popular length was 15 Year, with 515 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 569 $78,365,000 $137,724
    $1k-2k 73 $13,645,000 $186,918
    $2k-3k 22 $6,400,000 $290,909
    $3k-4k 6 $1,860,000 $310,000
    $4k-5k 4 $1,220,000 $305,000

    Dupont Community's average total fees were $2,338, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 569 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 665 $77,965,000 $117,241
    3-4% 252 $38,890,000 $154,325
    5-6% 196 $13,590,000 $69,337
    6-7% 48 $1,920,000 $40,000
    Over 8% 9 $255,000 $28,333
    7-8% 4 $140,000 $35,000
    2.5-3% 2 $230,000 $115,000

    During 2018, Dupont Community's average interest rate for loans was 4.36%, while their most frequently originated rate bucket for loans was 4-5%, with 665 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 610 $28,750,000 $47,131 $1,155 4.96%
    $100k-200k 406 $58,530,000 $144,163 $2,183 4.40%
    $200k-400k 182 $46,090,000 $253,242 $2,790 4.33%
    $400k-600k 9 $4,065,000 $451,667 $3,358 4.04%

    2018 saw Dupont Community place emphasis on $100,000 or less loans with 610 originations, totaling $28,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 376 $31,800,000 $84,574 $1,834 4.68%
    $50k-75k 340 $40,390,000 $118,794 $2,347 4.71%
    $75k-100k 209 $26,285,000 $125,766 $2,110 4.73%
    $100k-150k 201 $26,325,000 $130,970 $2,538 4.62%
    $150k-250k 34 $5,850,000 $172,059 $1,687 4.51%
    $250k+ 13 $1,865,000 $143,462 $1,592 4.36%

    Dupont Community lent most frequently to those with incomes in the $50k or less range, with 376 originations. The second most popular income band? $50k-75k, with 340 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 331 $33,535,000 $101,314 $2,053 4.66%
    30-36% 226 $25,360,000 $112,212 $2,348 4.74%
    <20% 137 $10,495,000 $76,606 $1,733 4.62%
    39% 45 $5,185,000 $115,222 $2,253 4.64%
    42% 45 $5,395,000 $119,889 $2,017 4.61%
    37% 45 $5,285,000 $117,444 $2,954 4.97%
    38% 45 $5,735,000 $127,444 $2,402 4.68%
    44% 38 $4,650,000 $122,368 $2,002 4.60%
    50-60% 38 $5,750,000 $151,316 $1,566 4.89%
    36% 37 $4,495,000 $121,486 $1,977 4.55%
    43% 36 $6,110,000 $169,722 $2,138 4.58%
    41% 29 $4,045,000 $139,483 $1,963 4.61%
    40% 27 $3,605,000 $133,519 $3,059 4.78%
    46% 19 $2,735,000 $143,947 $2,217 4.72%
    49% 18 $2,310,000 $128,333 $1,458 4.82%
    >60% 16 $2,150,000 $134,375 $1,742 4.66%
    48% 15 $2,125,000 $141,667 $2,487 4.49%
    45% 15 $2,065,000 $137,667 $2,011 4.44%
    47% 6 $550,000 $91,667 $1,054 4.21%

    Dupont Community lent most frequently to those with DTI ratios of 20-30%, with 331 originations. The next most common DTI ratio? 30-36%, with 226 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,149 $131,135,000 $114,130 $2,151 4.66%
    Black 32 $3,390,000 $105,938 $2,027 4.68%
    Not provided 13 $1,405,000 $108,077 $2,441 4.98%
    Asian 10 $1,110,000 $111,000 $673 5.55%
    American Indian 2 $370,000 $185,000 $0 4.50%
    Native Hawaiian or Islander 1 $25,000 $25,000 $400 8.38%

    Approval Rates

    Total approvals of all applications
    87.27%

    Dupont Community has an average approval rate.

    Pick Rate

    Approvals leading to origination
    72.91%

    Dupont Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,207 $137,435,000 $113,865

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 42 $2,880,000 $68,571
    Single Family (1-4 Units):Site-Built 1,165 $134,555,000 $115,498

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 213 $13,815,000 $64,859 $999 4.83%
    40-60% 125 $13,475,000 $107,800 $1,348 4.47%
    60-80% 213 $34,635,000 $162,606 $1,525 4.23%
    80-100% 334 $61,410,000 $183,862 $2,931 4.52%
    Over 100% 2 $400,000 $200,000 $4,565 4.88%
    Under 20% 283 $8,295,000 $29,311 $445 5.18%