Rogue Mortgage Rates, Fees & Info

Medford, OR

LEI: 549300HH0V8LECLNPQ26

Tax ID: 93-0491115

4.8 stars - out of 5 stars, based on 50 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Rogue is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Rogue has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Medford, Grants Pass, Roseburg, Brookings, and Klamath Falls among others. Rogue has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Rogue is typically an average fee lendor.


Originations

2,488

Origination Dollar Volume (All Markets)

$454,600,000

Awards

ROGUE 30 Year Conventional Loans gold ROGUE 30 Year Conventional Loans bronze ROGUE 30 Year Conventional Loans gold
Show all (3) awards

Relative Rate

Rogue's average 30 year fixed rate mortgage of loans were 3.31%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.16%.

Relative Fees

Rogue's average total fees for a 30 year fixed rate mortgage are $4,490.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
MEDFORD, OR (FHA|USDA|VA) 1,298 $244,580,000 $188,428 $3,558 3.70%
GRANTS PASS, OR (FHA|USDA|VA) 354 $66,850,000 $188,842 $3,626 3.67%
Roseburg, OR (FHA|USDA|VA) 188 $37,810,000 $201,117 $4,488 3.68%
Brookings, OR (FHA|USDA|VA) 148 $29,090,000 $196,554 $3,073 3.77%
Klamath Falls, OR (FHA|USDA|VA) 197 $27,235,000 $138,249 $3,414 3.81%
Ontario, OR-ID (FHA|USDA|VA) 169 $21,675,000 $128,254 $2,490 3.50%
Coos Bay, OR (FHA|USDA|VA) 36 $7,450,000 $206,944 $3,753 3.81%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 14 $4,740,000 $338,571 $4,462 3.46%
Outside of Metro Areas 28 $4,360,000 $155,714 $3,429 3.55%
Crescent City, CA (FHA|USDA|VA) 8 $2,190,000 $273,750 $3,431 3.22%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 12 $1,870,000 $155,833 $3,259 4.04%
BOISE CITY, ID (FHA|USDA|VA) 11 $1,765,000 $160,455 $3,439 3.94%
BEND, OR (FHA|USDA|VA) 8 $1,720,000 $215,000 $5,976 3.95%
SALEM, OR (FHA|USDA|VA) 5 $1,195,000 $239,000 $3,815 3.90%
Newport, OR (FHA|USDA|VA) 3 $595,000 $198,333 $4,301 3.00%
Outside of Metro Areas 1 $435,000 $435,000 $4,646 2.88%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $245,000 $245,000 $2,430 3.38%
CORVALLIS, OR (FHA|USDA|VA) 2 $220,000 $110,000 $2,970 4.06%
CHICO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $3,439 3.25%
Prineville, OR (FHA|USDA|VA) 2 $200,000 $100,000 $2,393 3.00%
TWIN FALLS, ID (FHA|USDA|VA) 1 $125,000 $125,000 $3,345 3.38%
Astoria, OR (FHA|USDA|VA) 1 $35,000 $35,000 $270 4.24%

Rogue's top markets include Medford, Grants Pass, Roseburg, Brookings, and Klamath Falls among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,358 $416,450,000 $176,612 $3,345 3.74%
VA 129 $37,915,000 $293,915 $5,823 2.76%
FHA 1 $235,000 $235,000 $4,819 3.50%

For the 2021 period, Rogue's most frequently originated loan type of loans were Conventional, with 2,358 originations. Their 2nd most popular type is VA, with 129 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 667 $197,005,000 $295,360 $4,626 3.31%
Home Improvement 547 $36,345,000 $66,444 $359 4.24%
Refi 521 $95,205,000 $182,735 $3,399 3.53%
Cash Out Refi 470 $103,210,000 $219,596 $4,072 3.37%
Other 283 $22,835,000 $80,689 $352 4.36%

For the 2021, Rogue's most frequently cited loan purpose of loans were Home Purchase, with 667 originations. The 2nd most popular reason of loans were Home Improvement, with 547 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,063 $295,875,000 $278,340 $4,490 3.31%
Other 637 $55,605,000 $87,292 $0 4.20%
15 Year 306 $55,260,000 $180,588 $3,228 3.41%
20 Year 305 $30,905,000 $101,328 $1,370 4.09%
10 Year 157 $8,375,000 $53,344 $715 3.95%
30+ year 20 $8,580,000 $429,000 $11,137 4.13%

For the 2021, Rogue's most frequently cited loan length of loans were 30 Year, with 1,063 originations. The 2nd most popular length of loans were Other, with 637 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,151 $217,245,000 $188,745
$1k-2k 316 $75,680,000 $239,494
$2k-3k 130 $34,420,000 $264,769
$3k-4k 93 $26,355,000 $283,387
$5k+ 68 $28,440,000 $418,235

$4,490 of loans were Rogue's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,151 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,548 $290,890,000 $187,913
2.5-3% 444 $105,920,000 $238,559
4-5% 333 $36,315,000 $109,054
<2.5% 60 $14,330,000 $238,833
5-6% 57 $4,165,000 $73,070
6-7% 19 $1,025,000 $53,947
7-8% 19 $1,385,000 $72,895
Over 8% 8 $570,000 $71,250

During 2021, Rogue's average interest rate of loans were 3.31%, while their most frequently originated rate bucket of loans were 3-4%, with 1,548 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 887 $46,435,000 $52,351 $994 4.20%
$200k-400k 772 $218,150,000 $282,578 $4,627 3.32%
$100k-200k 646 $93,570,000 $144,845 $3,115 3.55%
$400k-600k 142 $66,280,000 $466,761 $5,949 3.28%
$600k-1MM 38 $26,710,000 $702,895 $7,721 3.41%
$1MM+ 3 $3,455,000 $1,151,667 $14,358 4.21%

2021 saw Rogue place emphasis on $100,000 or less loans with 887 originations, totaling $46,435,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 652 $110,060,000 $168,804 $3,412 3.65%
$100k-150k 524 $99,870,000 $190,592 $3,737 3.81%
$50k or less 485 $61,735,000 $127,289 $3,037 3.58%
$75k-100k 484 $88,920,000 $183,719 $3,528 3.69%
$150k-250k 246 $60,840,000 $247,317 $3,995 3.80%
$250k+ 82 $30,450,000 $371,341 $5,991 3.60%

Rogue lent most frequently to those with incomes in the $50k-75k range, with 652 originations. The second most popular income band? $100k-150k, with 524 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 585 $98,645,000 $168,624 $3,318 3.68%
30-36% 492 $88,370,000 $179,614 $3,523 3.71%
<20% 186 $33,100,000 $177,957 $3,180 3.44%
42% 114 $24,870,000 $218,158 $4,342 3.74%
40% 106 $20,510,000 $193,491 $3,489 3.58%
41% 106 $17,210,000 $162,358 $3,169 3.74%
43% 99 $20,265,000 $204,697 $3,879 3.75%
39% 98 $17,070,000 $174,184 $3,256 3.78%
44% 89 $18,805,000 $211,292 $3,818 3.64%
36% 89 $17,455,000 $196,124 $3,520 3.66%
38% 85 $13,605,000 $160,059 $3,312 3.82%
37% 83 $16,375,000 $197,289 $3,617 3.67%
45% 72 $10,410,000 $144,583 $3,324 3.96%
47% 71 $13,615,000 $191,761 $3,485 3.85%
46% 59 $11,895,000 $201,610 $3,428 3.74%
48% 58 $11,430,000 $197,069 $4,409 3.78%
49% 58 $11,790,000 $203,276 $3,913 3.72%
50-60% 25 $6,555,000 $262,200 $6,164 3.30%
>60% 8 $2,060,000 $257,500 $3,683 2.92%

Rogue lent most frequently to those with DTI ratios of 20-30%, with 585 originations. The next most common DTI ratio? 30-36%, with 492 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,249 $414,635,000 $184,364 $3,567 3.66%
Not provided 151 $20,085,000 $133,013 $2,282 4.23%
American Indian 42 $8,320,000 $198,095 $3,767 3.51%
Asian 18 $5,550,000 $308,333 $4,501 3.54%
Black 13 $3,685,000 $283,462 $4,766 3.62%
Native Hawaiian 11 $2,115,000 $192,273 $3,675 3.95%
Not applicable 3 $135,000 $45,000 $807 5.57%
Asian Indian 1 $75,000 $75,000 $332 3.74%

Approval Rates

Total approvals of all applications
89.50%

Rogue has an average approval rate.

Pick Rate

Approvals leading to origination
71.05%

Rogue has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,488 $454,600,000 $182,717

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,488 $454,600,000 $182,717

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 410 $47,760,000 $116,488 $2,224 3.81%
40-60% 336 $72,100,000 $214,583 $3,726 3.36%
60-80% 548 $149,770,000 $273,303 $4,538 3.50%
80-100% 450 $142,130,000 $315,844 $4,672 3.21%
Over 100% 14 $4,540,000 $324,286 $11,840 2.87%
Under 20% 730 $38,300,000 $52,466 $609 4.24%