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 and Cash Out Refi loans. Dupont Community has a high proportion of conventional loans. Their top markets by origination volume include: Staunton, Harrisonburg, Charlottesville, Richmond, and Lynchburg among others. We have data for 13 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 an 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% 4/18/24
    30 Year Conventional Purchase 6.42% 4/18/24
    30 Year Conventional Refi 6.36% 4/18/24
    30 Year Cash-out Refi 6.27% 4/18/24
    30 Year FHA Purchase 7.34% 4/18/24
    30 Year FHA Refi 7.76% 4/18/24
    30 Year VA Purchase 6.63% 4/18/24
    30 Year USDA Purchase 7.05% 4/18/24
    15 Year Conventional Purchase 5.01% 4/18/24
    15 Year Conventional Refi 5.06% 4/18/24
    15 Year Cash-out Refi 5.06% 4/18/24
    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

    1,311

    Origination Dollar Volume (All Markets)

    $159,255,000
    Show all (8) 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) 889 $103,445,000 $116,361 $1,805 4.68%
    HARRISONBURG, VA (FHA|USDA|VA) 221 $30,945,000 $140,023 $2,509 4.64%
    Outside of Metro Areas 140 $15,400,000 $110,000 $2,301 4.76%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 24 $3,110,000 $129,583 $2,234 4.51%
    RICHMOND, VA (FHA|USDA|VA) 13 $2,755,000 $211,923 $3,991 4.61%
    LYNCHBURG, VA (FHA|USDA|VA) 8 $1,300,000 $162,500 $3,743 4.47%
    ROANOKE, VA (FHA|USDA|VA) 7 $925,000 $132,143 $2,502 4.66%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $610,000 $305,000 $1,352 4.19%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $290,000 $145,000 $2,128 5.69%
    Danville, VA (FHA|USDA|VA) 1 $185,000 $185,000 $3,307 3.75%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.50%
    Martinsville, VA (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
    WINCHESTER, VA-WV (FHA|USDA|VA) 2 $70,000 $35,000 $0 7.38%
    Dupont Community's top markets include Staunton, Harrisonburg, Charlottesville, Richmond, and Lynchburg 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.

    UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC.
    Similarity Rank: 102
    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 147
    CAPITAL CENTER, L.L.C.
    Similarity Rank: 252
    DUPONT COMMUNITY
    Similarity Rank: 260
    City National Bank of West Virginia
    Similarity Rank: 351
    Virginia Credit Union, Inc.
    Similarity Rank: 400
    Tidewater Home Funding, LLC
    Similarity Rank: 480
    Towne First Mortgage, LLC
    Similarity Rank: 496
    Summit Community Bank, Inc.
    Similarity Rank: 704
    MYCUMORTGAGE, LLC
    Similarity Rank: 770

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 730 $117,910,000 $161,521 $1,842 4.31%
    HELOC 522 $31,450,000 $60,249 n/a 5.24%
    USDA 55 $9,165,000 $166,636 $4,513 4.13%
    VA 4 $730,000 $182,500 $1,957 4.38%

    For 2019, Dupont Community's most frequently originated type of loan was Conventional, with 730 originations. Their 2nd most popular type was HELOC, with 522 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 404 $25,210,000 $62,401 $435 5.27%
    Home Purchase 310 $57,410,000 $185,194 $3,134 4.24%
    Home Improvement 232 $11,690,000 $50,388 $343 5.37%
    Cash Out Refi 200 $33,460,000 $167,300 $1,733 4.04%
    Refi 165 $31,485,000 $190,818 $1,902 3.79%

    For 2019, Dupont Community's most frequently cited loan purpose was Other, with 404 originations. The 2nd most popular reason was Home Purchase, with 310 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 605 $43,365,000 $71,678 $2,118 5.01%
    30 Year 504 $92,700,000 $183,929 $2,502 4.12%
    10 Year 84 $4,230,000 $50,357 $284 5.87%
    20 Year 58 $10,180,000 $175,517 $2,066 4.05%
    5 Year 37 $895,000 $24,189 $107 5.36%
    Other 23 $7,885,000 $342,826 $0 0.00%

    For 2019, Dupont Community's most frequently cited loan duration was 15 Year, with 605 originations. The 2nd most popular length was 30 Year, with 504 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 596 $88,080,000 $147,785
    $1k-2k 92 $17,470,000 $189,891
    $2k-3k 25 $6,965,000 $278,600
    $3k-4k 5 $1,795,000 $359,000
    $4k-5k 3 $745,000 $248,333
    $5k+ 1 $215,000 $215,000

    Dupont Community's average total fees were $2,502, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 596 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 516 $61,310,000 $118,818
    3-4% 348 $62,670,000 $180,086
    5-6% 317 $17,385,000 $54,842
    6-7% 55 $2,695,000 $49,000
    2.5-3% 38 $6,870,000 $180,789
    7-8% 13 $435,000 $33,462
    Over 8% 1 $5,000 $5,000

    During 2019, Dupont Community's average interest rate for loans was 4.12%, while their most frequently originated rate bucket for loans was 4-5%, with 516 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 654 $30,260,000 $46,269 $715 5.20%
    $100k-200k 421 $61,525,000 $146,140 $2,202 4.19%
    $200k-400k 218 $56,250,000 $258,028 $2,956 4.09%
    $400k-600k 14 $6,010,000 $429,286 $3,443 4.14%
    $600k-1MM 3 $2,105,000 $701,667 $3,514 3.75%
    $1MM+ 1 $3,105,000 $3,105,000 $0 0.00%

    2019 saw Dupont Community place emphasis on $100,000 or less loans with 654 originations, totaling $30,260,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 393 $44,835,000 $114,084 $2,229 4.64%
    $50k or less 393 $34,675,000 $88,232 $1,695 4.75%
    $75k-100k 224 $27,190,000 $121,384 $1,952 4.67%
    $100k-150k 204 $29,880,000 $146,471 $2,290 4.71%
    $150k-250k 58 $10,760,000 $185,517 $2,680 4.61%
    $250k+ 16 $4,030,000 $251,875 $2,402 4.19%

    Dupont Community lent most frequently to those with incomes in the $50k-75k range, with 393 originations. The second most popular income band? $50k or less, with 393 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 315 $33,125,000 $105,159 $1,924 4.71%
    30-36% 285 $32,485,000 $113,982 $2,090 4.75%
    <20% 142 $11,340,000 $79,859 $1,700 4.68%
    36% 57 $7,785,000 $136,579 $2,559 4.57%
    40% 47 $6,685,000 $142,234 $2,374 4.45%
    50-60% 44 $6,480,000 $147,273 $1,821 4.85%
    39% 43 $4,715,000 $109,651 $1,832 4.72%
    38% 43 $4,035,000 $93,837 $2,055 4.89%
    44% 42 $6,520,000 $155,238 $1,933 4.49%
    41% 41 $4,885,000 $119,146 $2,051 4.82%
    43% 39 $6,865,000 $176,026 $2,503 4.53%
    37% 34 $4,400,000 $129,412 $2,094 4.71%
    42% 30 $4,300,000 $143,333 $2,059 4.73%
    >60% 29 $4,055,000 $139,828 $1,596 4.43%
    47% 24 $3,590,000 $149,583 $1,633 4.47%
    48% 20 $2,870,000 $143,500 $2,492 4.55%
    46% 18 $2,940,000 $163,333 $2,823 4.44%
    49% 18 $2,440,000 $135,556 $2,336 4.22%
    45% 17 $1,855,000 $109,118 $2,218 4.85%

    Dupont Community lent most frequently to those with DTI ratios of 20-30%, with 315 originations. The next most common DTI ratio? 30-36%, with 285 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,239 $150,265,000 $121,279 $2,041 4.68%
    Black 39 $4,945,000 $126,795 $1,851 4.81%
    Not provided 23 $2,265,000 $98,478 $3,041 4.95%
    Asian 6 $960,000 $160,000 $1,684 3.75%
    Filipino 1 $325,000 $325,000 $2,520 3.88%
    American Indian 2 $280,000 $140,000 $2,749 4.44%
    Asian Indian 1 $215,000 $215,000 $3,494 3.75%

    Approval Rates

    Total approvals of all applications
    86.78%

    Dupont Community has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.08%

    Dupont Community has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,311 $159,255,000 $121,476

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 39 $3,005,000 $77,051
    Single Family (1-4 Units):Site-Built 1,272 $156,250,000 $122,838

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 245 $16,345,000 $66,714 $978 5.09%
    40-60% 147 $19,825,000 $134,864 $1,873 4.39%
    60-80% 288 $48,110,000 $167,049 $1,897 4.07%
    80-100% 285 $56,645,000 $198,754 $2,979 4.26%
    Over 100% 4 $810,000 $202,500 $5,070 4.09%
    Under 20% 319 $9,635,000 $30,204 $204 5.44%