Hallmark Home Mortgage Rates, Fees & Info
FORT WAYNE, INLEI: 549300HD2NONVMCRN332
Tax ID: 20-8549934
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Mortgage Data
Review & Overview
Hallmark Home Mortgage is a smaller mortgage company specializing in Home Purchase loans. Hallmark Home Mortgage 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: Indianapolis, Fort Wayne, South Bend, Kansas City, and Brownsville among others. We have data for 87 markets. (Some data included below & more in-depth data is available with an active subscription.)Hallmark Home Mortgage 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. Hallmark Home Mortgage 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 relatively high 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 | 7.10% | 12/17/24 |
| 30 Year Conventional Refi | 7.01% | 12/17/24 |
| 30 Year Cash-out Refi | 7.12% | 12/17/24 |
| 30 Year FHA Purchase | 7.85% | 12/17/24 |
| 30 Year FHA Refi | 7.77% | 12/17/24 |
| 30 Year VA Purchase | 6.45% | 12/17/24 |
| 30 Year VA Refi | 6.18% | 12/17/24 |
| 30 Year USDA Purchase | 7.00% | 12/17/24 |
| 15 Year Conventional Purchase | 6.41% | 12/17/24 |
| 15 Year Conventional Refi | 6.34% | 12/17/24 |
| 15 Year Cash-out Refi | 6.34% | 12/17/24 |
| 15 Year FHA Purchase | 5.68% | 12/17/24 |
| 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. | ||
Hallmark Home Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Hallmark Home Mortgage. 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
2,280Origination Dollar Volume (All Markets)
$495,490,000Awards
HALLMARK HOME MORTGAGE - 2023
HALLMARK HOME MORTGAGE is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Hallmark Home Mortgage's average 30 year fixed mortgage rate was
6.85%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.37%.
Relative Fees (Closing Costs)
Hallmark Home Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,629.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 344 | $102,540,000 | $298,081 | $6,323 | 6.62% |
| FORT WAYNE, IN (FHA|USDA|VA) | 331 | $68,025,000 | $205,514 | $5,038 | 6.30% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 395 | $65,925,000 | $166,899 | $5,808 | 5.96% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 156 | $39,980,000 | $256,282 | $6,139 | 6.87% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 151 | $27,035,000 | $179,040 | $11,601 | 4.99% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 102 | $20,720,000 | $203,137 | $6,644 | 6.35% |
| TYLER, TX (FHA|USDA|VA) | 52 | $13,590,000 | $261,346 | $8,829 | 6.50% |
| COLUMBUS, IN (FHA|USDA|VA) | 55 | $13,265,000 | $241,182 | $5,492 | 6.56% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 35 | $12,575,000 | $359,286 | $9,289 | 6.57% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 47 | $10,605,000 | $225,638 | $6,079 | 6.43% |
| Outside of Metro Areas | 57 | $10,495,000 | $184,123 | $6,234 | 6.72% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 55 | $7,415,000 | $134,818 | $6,291 | 5.67% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 24 | $7,140,000 | $297,500 | $8,334 | 6.79% |
| Angola, IN (FHA|USDA|VA) | 33 | $6,735,000 | $204,091 | $4,385 | 6.44% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 24 | $6,210,000 | $258,750 | $9,072 | 5.17% |
| Auburn, IN (FHA|USDA|VA) | 31 | $5,715,000 | $184,355 | $5,697 | 5.67% |
| NILES, MI (FHA|USDA|VA) | 36 | $4,720,000 | $131,111 | $5,026 | 5.62% |
| Warsaw, IN (FHA|USDA|VA) | 22 | $4,470,000 | $203,182 | $5,202 | 6.22% |
| Plymouth, IN (FHA|USDA|VA) | 32 | $4,380,000 | $136,875 | $5,884 | 5.89% |
| COLUMBUS, OH (FHA|USDA|VA) | 18 | $3,830,000 | $212,778 | $6,166 | 7.05% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 21 | $3,565,000 | $169,762 | $6,893 | 6.08% |
| Kendallville, IN (FHA|USDA|VA) | 21 | $3,445,000 | $164,048 | $6,098 | 6.37% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 9 | $3,415,000 | $379,444 | $9,098 | 6.67% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 18 | $3,350,000 | $186,111 | $6,831 | 6.59% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 8 | $3,220,000 | $402,500 | $6,134 | 7.36% |
| Athens, TX (FHA|USDA|VA) | 13 | $2,945,000 | $226,538 | $10,082 | 7.30% |
| Huntington, IN (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $5,148 | 6.89% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $14,775 | 6.56% |
| LONGVIEW, TX (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $9,916 | 7.09% |
| Seymour, IN (FHA|USDA|VA) | 5 | $1,385,000 | $277,000 | $5,039 | 6.95% |
| Jacksonville, TX (FHA|USDA|VA) | 7 | $1,355,000 | $193,571 | $9,851 | 6.02% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $15,538 | 6.95% |
| MUNCIE, IN (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $4,005 | 5.56% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 6 | $1,310,000 | $218,333 | $5,661 | 7.15% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $8,470 | 6.14% |
| Decatur, IN (FHA|USDA|VA) | 8 | $1,220,000 | $152,500 | $3,877 | 6.50% |
| OCALA, FL (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $8,187 | 7.09% |
| Sturgis, MI (FHA|USDA|VA) | 5 | $1,095,000 | $219,000 | $8,522 | 5.55% |
| Frankfort, IN (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $6,728 | 5.77% |
| Ottawa, KS (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $9,507 | 6.90% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $12,896 | 6.38% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $6,557 | 5.65% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $7,621 | 6.72% |
| North Vernon, IN (FHA|USDA|VA) | 7 | $955,000 | $136,429 | $6,046 | 6.09% |
| Wabash, IN (FHA|USDA|VA) | 7 | $915,000 | $130,714 | $6,070 | 6.03% |
| Bedford, IN (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $8,418 | 4.84% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $4,115 | 6.56% |
| Marion, IN (FHA|USDA|VA) | 7 | $795,000 | $113,571 | $7,320 | 5.09% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $8,889 | 4.46% |
| Crawfordsville, IN (FHA|USDA|VA) | 5 | $745,000 | $149,000 | $5,634 | 5.58% |
| Peru, IN (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $5,687 | 6.81% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $3,062 | 6.99% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $5,403 | 6.99% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,095 | 7.37% |
| Warrensburg, MO (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $12,521 | 6.37% |
| Sulphur Springs, TX (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $8,410 | 7.56% |
| Bluffton, IN (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,902 | 7.44% |
| Palestine, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $9,306 | 7.06% |
| Pittsburg, KS (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $10,220 | 7.19% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $9,717 | 6.13% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $6,563 | 6.88% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,723 | 6.50% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $13,475 | 5.63% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,204 | 7.50% |
| Farmington, MO (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $7,788 | 7.25% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $9,869 | 6.25% |
| Marion, OH (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,650 | 7.25% |
| KOKOMO, IN (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $7,062 | 4.50% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,233 | 7.63% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $11,297 | 5.56% |
| Lufkin, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $8,101 | 7.19% |
| Greensburg, IN (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $8,198 | 3.41% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,279 | 6.99% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,001 | 6.50% |
| Coffeyville, KS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,211 | 7.38% |
| Hays, KS (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,204 | 6.50% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,405 | 6.13% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,599 | 6.75% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,741 | 6.63% |
| Celina, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,142 | 6.99% |
| Marshall, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,330 | 7.13% |
| Maryville, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,990 | 7.50% |
| Richmond, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,092 | 6.99% |
| Defiance, OH (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $7,803 | 3.56% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,104 | 7.63% |
| Logansport, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,265 | 6.63% |
| AKRON, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,965 | 7.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against HALLMARK HOME MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Hallmark Home Mortgage's most frequently originated type of loan was Conventional, with 1,587 originations. Their 2nd most popular type was FHA, with 529 originations.
Loan Reason
For 2023, Hallmark Home Mortgage's most frequently cited loan purpose was Home Purchase, with 2,195 originations. The 2nd most popular reason was Cash Out Refi, with 55 originations.
Loan Duration/Length
For 2023, Hallmark Home Mortgage's most frequently cited loan duration was 30 Year, with 2,037 originations. The 2nd most popular length was Other, with 190 originations.
Origination Fees/Closing Costs
Hallmark Home Mortgage's average total fees were $6,629, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 567 originations.
Interest Rates
During 2023, Hallmark Home Mortgage's average interest rate for loans was 6.85%, while their most frequently originated rate bucket for loans was 7-8%, with 1,028 originations.
Loan Sizing
2023 saw Hallmark Home Mortgage place emphasis on $200k-400k loans with 967 originations, totaling $264,615,000 in origination value.
Applicant Income
Hallmark Home Mortgage lent most frequently to those with incomes in the $50k-75k range, with 658 originations. The second most popular income band? $75k-100k, with 496 originations.
Applicant Debt to Income Ratio
Hallmark Home Mortgage lent most frequently to those with DTI ratios of 30-36%, with 408 originations. The next most common DTI ratio? 20-30%, with 305 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.64%
Hallmark Home Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination76.93%
Hallmark Home Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 225 | $2,145,000 | $9,533 |
| NA | 2,055 | $493,345,000 | $240,071 |