Thompson Kane & Company Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300HN58ONH5KNJJ12
Tax ID: 45-4156623
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Mortgage Data
Review & Overview
Thompson Kane & Company is a smaller mortgage company specializing in Home Purchase loans. Thompson Kane & Company 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: Madison, Janesville, Milwaukee, Hannibal, and Watertown among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)Thompson Kane & Company 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. Thompson Kane & Company 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
30 Year Conventional Purchase | 6.72% | 10/29/24 |
30 Year Conventional Refi | 6.67% | 10/29/24 |
30 Year Cash-out Refi | 6.69% | 10/29/24 |
30 Year FHA Purchase | 7.54% | 10/29/24 |
30 Year FHA Refi | 7.28% | 10/29/24 |
30 Year VA Purchase | 6.24% | 10/29/24 |
30 Year VA Refi | 6.31% | 10/29/24 |
30 Year USDA Purchase | 6.98% | 10/29/24 |
15 Year Conventional Purchase | 5.84% | 10/29/24 |
15 Year Conventional Refi | 6.05% | 10/29/24 |
15 Year Cash-out Refi | 6.05% | 10/29/24 |
15 Year VA Refi | 6.52% | 10/29/24 |
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. |
Thompson Kane & Company Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,076Origination Dollar Volume (All Markets)
$327,680,000THOMPSON KANE & COMPANY - 2023
THOMPSON KANE & COMPANY is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Thompson Kane & Company's average 30 year fixed mortgage rate was
6.79%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.31%.
Relative Fees (Closing Costs)
Thompson Kane & Company's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,426.
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 |
---|---|---|---|---|---|
MADISON, WI (FHA|USDA|VA) | 614 | $217,450,000 | $354,153 | $5,291 | 7.02% |
JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 83 | $21,025,000 | $253,313 | $6,657 | 7.23% |
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 52 | $16,220,000 | $311,923 | $6,506 | 7.12% |
Hannibal, MO (FHA|USDA|VA) | 112 | $14,980,000 | $133,750 | $3,920 | 6.19% |
Outside of Metro Areas | 46 | $9,000,000 | $195,652 | $4,915 | 7.49% |
Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 30 | $7,930,000 | $264,333 | $5,014 | 6.84% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 16 | $6,820,000 | $426,250 | $5,404 | 7.52% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 12 | $5,010,000 | $417,500 | $7,036 | 7.14% |
Baraboo, WI (FHA|USDA|VA) | 17 | $4,705,000 | $276,765 | $5,057 | 6.95% |
Beaver Dam, WI (FHA|USDA|VA) | 12 | $3,020,000 | $251,667 | $5,261 | 6.84% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 7 | $2,325,000 | $332,143 | $7,789 | 6.34% |
FORT COLLINS, CO (FHA|USDA|VA) | 4 | $1,910,000 | $477,500 | $1,906 | 10.24% |
Whitewater, WI (FHA|USDA|VA) | 6 | $1,820,000 | $303,333 | $7,083 | 7.37% |
Quincy, IL-MO (FHA|USDA|VA) | 14 | $1,750,000 | $125,000 | $4,204 | 6.82% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $1,540,000 | $385,000 | $4,667 | 6.28% |
RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $4,920 | 6.21% |
KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $2,584 | 6.25% |
FOND DU LAC, WI (FHA|USDA|VA) | 5 | $915,000 | $183,000 | $3,765 | 7.07% |
RACINE, WI (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $6,305 | 6.81% |
SHEBOYGAN, WI (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $4,875 | 7.25% |
ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $3,717 | 6.38% |
Platteville, WI (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $12,138 | 7.21% |
APPLETON, WI (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $8,503 | 6.81% |
GREEN BAY, WI (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $7,662 | 7.13% |
Key West, FL (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $13,318 | 6.75% |
CHEYENNE, WY (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $13,987 | 7.99% |
ROCKFORD, IL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $10,287 | 6.88% |
EAU CLAIRE, WI (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,073 | 7.06% |
Traverse City, MI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $9,141 | 7.63% |
OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,849 | 7.38% |
PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,868 | 6.38% |
WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,722 | 7.50% |
Mexico, MO (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $3,794 | 6.71% |
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,765 | 8.79% |
Fairfield, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,220 | 6.50% |
Manitowoc, WI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,678 | 8.06% |
CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,771 | 7.00% |
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,572 | 6.50% |
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,091 | 7.13% |
COLUMBUS, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,619 | 8.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against THOMPSON KANE & COMPANY 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, Thompson Kane & Company's most frequently originated type of loan was Conventional, with 872 originations. Their 2nd most popular type was FHA, with 149 originations.
Loan Reason
For 2023, Thompson Kane & Company's most frequently cited loan purpose was Home Purchase, with 959 originations. The 2nd most popular reason was Refi, with 101 originations.
Loan Duration/Length
For 2023, Thompson Kane & Company's most frequently cited loan duration was 30 Year, with 942 originations. The 2nd most popular length was Other, with 94 originations.
Origination Fees/Closing Costs
Thompson Kane & Company's average total fees were $5,426, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 425 originations.
Interest Rates
During 2023, Thompson Kane & Company's average interest rate for loans was 6.79%, while their most frequently originated rate bucket for loans was 6-7%, with 625 originations.
Loan Sizing
2023 saw Thompson Kane & Company place emphasis on $200k-400k loans with 529 originations, totaling $157,285,000 in origination value.
Applicant Income
Thompson Kane & Company lent most frequently to those with incomes in the $100k-150k range, with 267 originations. The second most popular income band? $150k-250k, with 239 originations.
Applicant Debt to Income Ratio
Thompson Kane & Company lent most frequently to those with DTI ratios of 20-30%, with 172 originations. The next most common DTI ratio? 30-36%, with 168 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.71%
Thompson Kane & Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.34%
Thompson Kane & Company has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 1,076 | $327,680,000 | $304,535 |