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 Cash Out Refi and Home Purchase loans. Dupont Community has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Staunton, Harrisonburg, Charlottesville, Lynchburg, 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

    1,671

    Origination Dollar Volume (All Markets)

    $244,485,000
    Show all (10) 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) 1,034 $149,110,000 $144,207 $2,624 4.18%
    HARRISONBURG, VA (FHA|USDA|VA) 308 $46,920,000 $152,338 $2,909 4.26%
    Outside of Metro Areas 229 $26,115,000 $114,039 $3,107 4.46%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 42 $6,960,000 $165,714 $2,831 3.83%
    LYNCHBURG, VA (FHA|USDA|VA) 6 $4,440,000 $740,000 $0 4.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $2,700,000 $270,000 $3,985 3.70%
    ROANOKE, VA (FHA|USDA|VA) 12 $2,530,000 $210,833 $3,637 4.26%
    RICHMOND, VA (FHA|USDA|VA) 10 $1,930,000 $193,000 $3,679 4.02%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 11 $1,805,000 $164,091 $2,808 3.93%
    WINCHESTER, VA-WV (FHA|USDA|VA) 8 $1,340,000 $167,500 $3,499 4.33%
    Danville, VA (FHA|USDA|VA) 1 $635,000 $635,000 $6,241 4.75%
    Dupont Community's top markets include Staunton, Harrisonburg, Charlottesville, Lynchburg, 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.

    DUPONT COMMUNITY
    Similarity Rank: 77
    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 128
    City National Bank of West Virginia
    Similarity Rank: 185
    Member Options, LLC
    Similarity Rank: 308
    Towne First Mortgage, LLC
    Similarity Rank: 504
    Virginia Credit Union, Inc.
    Similarity Rank: 544
    Towne Mortgage, LLC
    Similarity Rank: 901
    F & M BANK CORP.
    Similarity Rank: 936
    MYCUMORTGAGE, LLC
    Similarity Rank: 1221
    TIDEWATER MORTGAGE SERVICES, INC.
    Similarity Rank: 1288

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,047 $82,085,000 $78,400 n/a 4.51%
    Conventional 606 $159,170,000 $262,657 $2,699 3.71%
    USDA 14 $2,570,000 $183,571 $5,116 4.80%
    VA 4 $660,000 $165,000 $4,104 4.78%

    For 2022, Dupont Community's most frequently originated type of loan was HELOC, with 1,047 originations. Their 2nd most popular type was Conventional, with 606 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 574 $41,370,000 $72,073 $2,714 4.57%
    Other 448 $37,770,000 $84,308 $2,141 4.42%
    Cash Out Refi 329 $84,885,000 $258,009 $2,461 3.40%
    Home Purchase 259 $69,235,000 $267,317 $3,286 4.17%
    Refi 61 $11,225,000 $184,016 $2,238 4.11%

    For 2022, Dupont Community's most frequently cited loan purpose was Home Improvement, with 574 originations. The 2nd most popular reason was Other, with 448 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 1,090 $87,650,000 $80,413 $2,397 4.45%
    30 Year 490 $111,400,000 $227,347 $2,849 3.78%
    20 Year 51 $10,405,000 $204,020 $2,577 3.31%
    10 Year 39 $33,425,000 $857,051 $1,293 4.32%
    5 Year 1 $1,605,000 $1,605,000 $0 6.75%

    For 2022, Dupont Community's most frequently cited loan duration was 15 Year, with 1,090 originations. The 2nd most popular length was 30 Year, with 490 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 463 $104,245,000 $225,151
    $1k-2k 64 $12,930,000 $202,031
    $2k-3k 12 $2,730,000 $227,500
    $3k-4k 7 $1,965,000 $280,714
    $4k-5k 2 $560,000 $280,000
    $5k+ 1 $195,000 $195,000

    Dupont Community's average total fees were $2,849, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 463 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 785 $122,095,000 $155,535
    4-5% 415 $51,385,000 $123,819
    5-6% 150 $17,490,000 $116,600
    2.5-3% 99 $22,315,000 $225,404
    <2.5% 87 $19,065,000 $219,138
    6-7% 86 $9,210,000 $107,093
    Over 8% 25 $1,215,000 $48,600
    7-8% 24 $1,710,000 $71,250

    During 2022, Dupont Community's average interest rate for loans was 3.78%, while their most frequently originated rate bucket for loans was 3-4%, with 785 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 859 $45,505,000 $52,974 $1,851 4.52%
    $100k-200k 452 $64,460,000 $142,611 $2,522 3.96%
    $200k-400k 316 $83,870,000 $265,411 $2,967 3.86%
    $400k-600k 28 $13,300,000 $475,000 $3,917 3.39%
    $600k-1MM 9 $6,225,000 $691,667 $4,840 3.47%
    $1MM+ 7 $31,125,000 $4,446,429 $10,180 4.40%

    2022 saw Dupont Community place emphasis on $100,000 or less loans with 859 originations, totaling $45,505,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 464 $54,070,000 $116,530 $2,648 4.22%
    $50k or less 367 $35,685,000 $97,234 $2,565 4.08%
    $100k-150k 336 $47,190,000 $140,446 $2,901 4.27%
    $75k-100k 320 $41,790,000 $130,594 $2,864 4.32%
    $150k-250k 120 $19,050,000 $158,750 $3,247 4.25%
    $250k+ 31 $11,915,000 $384,355 $5,219 3.97%

    Dupont Community lent most frequently to those with incomes in the $50k-75k range, with 464 originations. The second most popular income band? $50k or less, with 367 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 327 $39,045,000 $119,404 $2,626 4.17%
    30-36% 301 $38,365,000 $127,458 $2,832 4.36%
    <20% 262 $23,290,000 $88,893 $2,392 3.95%
    41% 67 $9,805,000 $146,343 $2,831 4.10%
    38% 66 $9,130,000 $138,333 $3,300 4.48%
    39% 63 $7,175,000 $113,889 $2,932 4.33%
    37% 56 $6,320,000 $112,857 $2,735 4.70%
    50-60% 55 $7,425,000 $135,000 $2,368 4.14%
    42% 49 $9,165,000 $187,041 $2,709 4.13%
    36% 49 $6,315,000 $128,878 $2,868 4.36%
    44% 48 $8,240,000 $171,667 $2,916 3.91%
    43% 48 $6,850,000 $142,708 $2,798 4.31%
    46% 45 $5,795,000 $128,778 $2,421 4.26%
    40% 43 $6,045,000 $140,581 $2,857 4.39%
    >60% 38 $5,010,000 $131,842 $2,794 4.07%
    45% 34 $3,680,000 $108,235 $2,684 4.53%
    48% 29 $5,295,000 $182,586 $2,910 4.20%
    47% 28 $7,280,000 $260,000 $3,401 3.99%
    49% 27 $5,095,000 $188,704 $2,875 4.20%

    Dupont Community lent most frequently to those with DTI ratios of 20-30%, with 327 originations. The next most common DTI ratio? 30-36%, with 301 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,546 $195,880,000 $126,701 $2,765 4.21%
    Not applicable 32 $34,620,000 $1,081,875 $0 4.42%
    Black 57 $7,275,000 $127,632 $2,896 4.40%
    Not provided 19 $3,435,000 $180,789 $2,311 3.74%
    Asian 11 $2,405,000 $218,636 $3,262 4.02%
    American Indian 4 $520,000 $130,000 $3,214 4.94%
    Other Asian 2 $350,000 $175,000 $0 4.13%

    Approval Rates

    Total approvals of all applications
    89.55%

    Dupont Community has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.13%

    Dupont Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,671 $244,485,000 $146,311

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,671 $244,485,000 $146,311

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 450 $40,280,000 $89,511 $2,096 4.42%
    40-60% 239 $38,235,000 $159,979 $2,364 3.91%
    60-80% 336 $89,830,000 $267,351 $2,781 3.68%
    80-100% 204 $50,440,000 $247,255 $3,143 4.20%
    Over 100% 2 $500,000 $250,000 $7,483 4.31%
    Under 20% 438 $25,040,000 $57,169 $1,190 4.61%