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, South Bend, Fort Wayne, Columbus, and Columbus among others. We have data for 110 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.10% | 4/21/24 |
| 30 Year Conventional Refi | 7.01% | 4/21/24 |
| 30 Year Cash-out Refi | 7.12% | 4/21/24 |
| 30 Year FHA Purchase | 7.85% | 4/21/24 |
| 30 Year FHA Refi | 7.77% | 4/21/24 |
| 30 Year VA Purchase | 6.45% | 4/21/24 |
| 30 Year VA Refi | 6.18% | 4/21/24 |
| 30 Year USDA Purchase | 7.00% | 4/21/24 |
| 15 Year Conventional Purchase | 6.41% | 4/21/24 |
| 15 Year Conventional Refi | 6.34% | 4/21/24 |
| 15 Year Cash-out Refi | 6.34% | 4/21/24 |
| 15 Year FHA Purchase | 5.68% | 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. | ||
Hallmark Home Mortgage Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,556Origination Dollar Volume (All Markets)
$917,190,000Awards
HALLMARK HOME MORTGAGE - 2021
HALLMARK HOME MORTGAGE is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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) | 1,164 | $282,640,000 | $242,818 | $3,486 | 3.12% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 792 | $122,190,000 | $154,280 | $3,856 | 2.83% |
| FORT WAYNE, IN (FHA|USDA|VA) | 564 | $115,550,000 | $204,876 | $3,392 | 3.11% |
| COLUMBUS, IN (FHA|USDA|VA) | 189 | $41,205,000 | $218,016 | $3,369 | 3.15% |
| COLUMBUS, OH (FHA|USDA|VA) | 170 | $36,310,000 | $213,588 | $4,790 | 3.11% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 178 | $35,460,000 | $199,213 | $3,584 | 3.06% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 172 | $33,140,000 | $192,674 | $4,049 | 2.91% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 76 | $15,420,000 | $202,895 | $4,096 | 3.08% |
| Outside of Metro Areas | 80 | $15,250,000 | $190,625 | $3,786 | 3.19% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 89 | $15,245,000 | $171,292 | $4,663 | 2.70% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 77 | $14,855,000 | $192,922 | $4,317 | 3.22% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 105 | $13,905,000 | $132,429 | $4,780 | 2.69% |
| Angola, IN (FHA|USDA|VA) | 50 | $12,230,000 | $244,600 | $3,136 | 2.97% |
| Kendallville, IN (FHA|USDA|VA) | 65 | $12,035,000 | $185,154 | $3,723 | 3.34% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 84 | $11,350,000 | $135,119 | $5,594 | 2.79% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 37 | $11,025,000 | $297,973 | $9,033 | 3.29% |
| NILES, MI (FHA|USDA|VA) | 60 | $9,390,000 | $156,500 | $4,037 | 2.97% |
| Auburn, IN (FHA|USDA|VA) | 50 | $8,970,000 | $179,400 | $3,606 | 3.20% |
| AKRON, OH (FHA|USDA|VA) | 57 | $8,245,000 | $144,649 | $5,531 | 2.95% |
| Warsaw, IN (FHA|USDA|VA) | 33 | $7,295,000 | $221,061 | $3,621 | 3.20% |
| Plymouth, IN (FHA|USDA|VA) | 30 | $5,130,000 | $171,000 | $4,054 | 3.21% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 22 | $5,070,000 | $230,455 | $8,561 | 3.16% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 24 | $4,170,000 | $173,750 | $4,930 | 3.23% |
| Seymour, IN (FHA|USDA|VA) | 21 | $4,115,000 | $195,952 | $4,083 | 3.47% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 14 | $4,090,000 | $292,143 | $10,827 | 3.46% |
| Huntington, IN (FHA|USDA|VA) | 21 | $3,925,000 | $186,905 | $3,502 | 3.27% |
| Wabash, IN (FHA|USDA|VA) | 18 | $3,690,000 | $205,000 | $5,374 | 3.01% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 10 | $3,210,000 | $321,000 | $7,439 | 3.10% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 15 | $3,035,000 | $202,333 | $4,793 | 2.86% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $2,705,000 | $901,667 | $4,961 | 2.88% |
| Frankfort, IN (FHA|USDA|VA) | 19 | $2,675,000 | $140,789 | $3,880 | 3.03% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $2,630,000 | $438,333 | $6,367 | 3.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 12 | $2,630,000 | $219,167 | $6,575 | 3.39% |
| North Vernon, IN (FHA|USDA|VA) | 12 | $2,120,000 | $176,667 | $3,124 | 3.35% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 6 | $2,040,000 | $340,000 | $6,153 | 3.25% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 5 | $1,945,000 | $389,000 | $6,867 | 3.10% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $12,867 | 3.88% |
| New Castle, IN (FHA|USDA|VA) | 8 | $1,540,000 | $192,500 | $3,933 | 3.20% |
| TOLEDO, OH (FHA|USDA|VA) | 9 | $1,455,000 | $161,667 | $6,092 | 3.07% |
| Crawfordsville, IN (FHA|USDA|VA) | 10 | $1,410,000 | $141,000 | $4,917 | 2.46% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $1,410,000 | $352,500 | $14,938 | 3.56% |
| LOUISVILLE, KY (FHA|USDA|VA) | 9 | $1,345,000 | $149,444 | $4,419 | 3.11% |
| KOKOMO, IN (FHA|USDA|VA) | 9 | $1,205,000 | $133,889 | $3,973 | 2.60% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 6 | $1,180,000 | $196,667 | $3,108 | 3.44% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 6 | $1,180,000 | $196,667 | $3,387 | 3.04% |
| Marion, IN (FHA|USDA|VA) | 5 | $1,155,000 | $231,000 | $2,883 | 3.20% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $4,898 | 3.38% |
| Bluffton, IN (FHA|USDA|VA) | 4 | $1,050,000 | $262,500 | $3,336 | 3.13% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $5,591 | 2.38% |
| Wooster, OH (FHA|USDA|VA) | 6 | $940,000 | $156,667 | $5,333 | 3.29% |
| Bellefontaine, OH (FHA|USDA|VA) | 7 | $935,000 | $133,571 | $5,285 | 2.50% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $4,792 | 3.94% |
| Washington, IN (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $5,644 | 2.94% |
| Sikeston, MO (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $3,449 | 3.40% |
| Greensburg, IN (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $4,581 | 3.20% |
| Marion, OH (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $3,437 | 2.90% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $8,553 | 3.31% |
| Richmond-Berea, KY (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $3,310 | 3.56% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 9 | $695,000 | $77,222 | $6,409 | 1.93% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $3,620 | 2.73% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $6,138 | 2.40% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $3,913 | 3.00% |
| Urbana, OH (FHA|USDA|VA) | 7 | $675,000 | $96,429 | $4,298 | 2.59% |
| Mount Vernon, OH (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $5,226 | 3.25% |
| Bedford, IN (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $11,989 | 3.31% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,962 | 3.06% |
| Clewiston, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $13,623 | 3.81% |
| MUNCIE, IN (FHA|USDA|VA) | 5 | $565,000 | $113,000 | $2,857 | 3.43% |
| Richmond, IN (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $5,928 | 3.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,325 | 3.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $12,337 | 3.69% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $7,096 | 3.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $14,708 | 3.75% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,792 | 2.63% |
| Coldwater, MI (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $2,582 | 2.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,962 | 3.63% |
| Salem, OH (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $8,262 | 2.44% |
| OCALA, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,410 | 3.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $6,586 | 3.31% |
| Zanesville, OH (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,999 | 3.50% |
| Sturgis, MI (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,613 | 2.81% |
| Vincennes, IN (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $5,419 | 3.69% |
| Decatur, IN (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $4,297 | 3.04% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,473 | 2.75% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,858 | 2.75% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $13,511 | 3.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,336 | 3.63% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,317 | 3.25% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,800 | 3.25% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,338 | 2.50% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,724 | 3.00% |
| Scottsburg, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,690 | 3.13% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,862 | 2.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,702 | 2.99% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,028 | 3.25% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,491 | 2.75% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,254 | 3.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,532 | 3.13% |
| Logansport, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,505 | 3.75% |
| Jackson, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,595 | 3.38% |
| Coshocton, OH (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $6,537 | 1.88% |
| LIMA, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,832 | 3.13% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,586 | 3.88% |
| Tiffin, OH (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $5,130 | 1.88% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,312 | 3.38% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,461 | 3.25% |
| Peru, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,181 | 3.75% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,192 | 4.38% |
| Holland, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,762 | 3.13% |
| MONROE, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,113 | 2.75% |
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 2021, Hallmark Home Mortgage's most frequently originated type of loan was Conventional, with 3,450 originations. Their 2nd most popular type was FHA, with 782 originations.
Loan Reason
For 2021, Hallmark Home Mortgage's most frequently cited loan purpose was Home Purchase, with 3,301 originations. The 2nd most popular reason was Refi, with 828 originations.
Loan Duration/Length
For 2021, Hallmark Home Mortgage's most frequently cited loan duration was 30 Year, with 3,866 originations. The 2nd most popular length was 15 Year, with 300 originations.
Origination Fees/Closing Costs
Hallmark Home Mortgage's average total fees were $4,128, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,135 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,767 | $552,405,000 | $199,640 |
| 2.5-3% | 1,183 | $293,145,000 | $247,798 |
| <2.5% | 462 | $50,260,000 | $108,788 |
| 4-5% | 144 | $21,380,000 | $148,472 |
During 2021, Hallmark Home Mortgage's average interest rate for loans was 3.29%, while their most frequently originated rate bucket for loans was 3-4%, with 2,767 originations.
Loan Sizing
2021 saw Hallmark Home Mortgage place emphasis on $100k-200k loans with 2,002 originations, totaling $299,850,000 in origination value.
Applicant Income
Hallmark Home Mortgage lent most frequently to those with incomes in the $50k or less range, with 1,377 originations. The second most popular income band? $50k-75k, with 1,313 originations.
Applicant Debt to Income Ratio
Hallmark Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 1,051 originations. The next most common DTI ratio? 30-36%, with 866 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.65%
Hallmark Home Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.32%
Hallmark Home Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 291 | $2,435,000 | $8,368 |
| NA | 4,265 | $914,755,000 | $214,479 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| HALLMARK HOME MORTGAGE LLC | FHA mortgage | Closing on a mortgage | 1 | 100.0% |