Thompson Kane & Company Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300HN58ONH5KNJJ12

Tax ID: 45-4156623

5 stars - Updated: 3/3/24 - out of 5 stars, based on 34 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Denver, Milwaukee, and Hannibal among others. We have data for 56 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 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 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 6.72% 3/3/24
30 Year Conventional Refi 6.67% 3/3/24
30 Year Cash-out Refi 6.69% 3/3/24
30 Year FHA Purchase 7.54% 3/3/24
30 Year FHA Refi 7.28% 3/3/24
30 Year VA Purchase 6.24% 3/3/24
30 Year VA Refi 6.31% 3/3/24
30 Year USDA Purchase 6.98% 3/3/24
15 Year Conventional Purchase 5.84% 3/3/24
15 Year Conventional Refi 6.05% 3/3/24
15 Year Cash-out Refi 6.05% 3/3/24
15 Year VA Refi 6.52% 3/3/24
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

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Thompson Kane & Company. 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

1,127

Origination Dollar Volume (All Markets)

$348,965,000
Show all (19) awards

Relative Rate

Thompson Kane & Company's average 30 year fixed mortgage rate was 5.21%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.45%.

Relative Fees (Closing Costs)

Thompson Kane & Company's average total fees/closing costs for a 30 year fixed rate mortgage were $4,521.

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 $4,750.

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) 662 $217,470,000 $328,505 $4,115 5.22%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 79 $17,855,000 $226,013 $5,363 6.08%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 26 $14,800,000 $569,231 $5,337 5.26%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 38 $12,260,000 $322,632 $3,757 5.32%
Outside of Metro Areas 50 $11,070,000 $221,400 $4,127 5.28%
Hannibal, MO (FHA|USDA|VA) 70 $10,800,000 $154,286 $4,044 5.76%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 27 $8,975,000 $332,407 $4,259 5.66%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 20 $6,110,000 $305,500 $7,424 5.45%
Baraboo, WI (FHA|USDA|VA) 19 $5,595,000 $294,474 $5,854 5.29%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $4,170,000 $2,085,000 $0 7.99%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $3,170,000 $528,333 $13,250 4.54%
ST. LOUIS, MO-IL (FHA|USDA|VA) 15 $2,985,000 $199,000 $3,329 4.82%
Whitewater, WI (FHA|USDA|VA) 9 $2,665,000 $296,111 $5,807 6.13%
Beaver Dam, WI (FHA|USDA|VA) 12 $2,450,000 $204,167 $5,182 6.09%
FORT COLLINS, CO (FHA|USDA|VA) 3 $1,935,000 $645,000 $4,564 7.96%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,830,000 $457,500 $5,483 4.81%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $1,730,000 $865,000 $11,934 7.31%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,550,000 $387,500 $6,856 6.78%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,505,000 $501,667 $8,474 6.16%
CEDAR RAPIDS, IA (FHA|USDA|VA) 8 $1,440,000 $180,000 $4,406 4.56%
APPLETON, WI (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,105 4.65%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,235,000 $411,667 $7,260 4.96%
DUBUQUE, IA (FHA|USDA|VA) 6 $1,220,000 $203,333 $4,020 5.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $1,080,000 $540,000 $6,899 4.88%
RACINE, WI (FHA|USDA|VA) 3 $925,000 $308,333 $3,268 5.79%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $910,000 $455,000 $2,575 4.94%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $835,000 $278,333 $3,804 4.79%
MODESTO, CA (FHA|USDA|VA) 1 $755,000 $755,000 $11,051 8.50%
Quincy, IL-MO (FHA|USDA|VA) 8 $740,000 $92,500 $2,863 5.36%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $690,000 $345,000 $4,632 5.94%
Edwards, CO (FHA|USDA|VA) 1 $685,000 $685,000 $3,389 3.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $675,000 $225,000 $5,808 4.63%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $645,000 $645,000 $2,238 4.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $605,000 $605,000 $6,966 5.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $585,000 $585,000 $14,810 3.50%
WILMINGTON, NC (FHA|USDA|VA) 1 $575,000 $575,000 $3,610 3.63%
Stevens Point, WI (FHA|USDA|VA) 2 $480,000 $240,000 $2,615 5.56%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $425,000 $425,000 $10,741 3.88%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $6,730 3.75%
Platteville, WI (FHA|USDA|VA) 3 $415,000 $138,333 $6,274 6.21%
ROCKFORD, IL (FHA|USDA|VA) 2 $400,000 $200,000 $7,033 6.13%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,851 4.13%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $325,000 $325,000 $2,562 5.25%
ROCHESTER, MN (FHA|USDA|VA) 1 $325,000 $325,000 $4,471 5.25%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $305,000 $305,000 $9,852 6.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $285,000 $285,000 $10,453 7.00%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $195,000 $195,000 $8,485 5.63%
Fairfield, IA (FHA|USDA|VA) 1 $195,000 $195,000 $2,923 5.38%
Durango, CO (FHA|USDA|VA) 1 $185,000 $185,000 $2,224 3.88%
DULUTH, MN-WI (FHA|USDA|VA) 2 $160,000 $80,000 $1,571 6.38%
Lumberton, NC (FHA|USDA|VA) 1 $155,000 $155,000 $6,553 7.63%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $145,000 $145,000 $1,737 4.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $145,000 $145,000 $5,622 5.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,101 5.88%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $105,000 $105,000 $4,265 4.13%
Mexico, MO (FHA|USDA|VA) 1 $55,000 $55,000 $3,773 7.75%
Thompson Kane & Company's top markets include Madison, Janesville, Denver, Milwaukee, and Hannibal among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • 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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 941 $301,595,000 $320,505 $3,877 5.38%
    FHA 127 $31,275,000 $246,260 $7,792 5.51%
    VA 34 $12,520,000 $368,235 $7,447 4.38%
    USDA 25 $3,575,000 $143,000 $4,630 5.21%

    For 2022, Thompson Kane & Company's most frequently originated type of loan was Conventional, with 941 originations. Their 2nd most popular type was FHA, with 127 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 987 $311,145,000 $315,243 $4,476 5.34%
    Refi 131 $35,375,000 $270,038 $4,266 5.60%
    Cash Out Refi 8 $2,230,000 $278,750 $3,204 4.84%
    Home Improvement 1 $215,000 $215,000 $12,666 5.75%

    For 2022, Thompson Kane & Company's most frequently cited loan purpose was Home Purchase, with 987 originations. The 2nd most popular reason was Refi, with 131 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 960 $296,830,000 $309,198 $4,521 5.21%
    Other 88 $26,760,000 $304,091 $4,869 7.03%
    1 Year 37 $14,155,000 $382,568 $3,262 6.88%
    15 Year 32 $8,630,000 $269,688 $2,920 3.89%
    10 Year 6 $1,250,000 $208,333 $3,060 4.67%
    20 Year 3 $1,265,000 $421,667 $4,794 4.54%
    5 Year 1 $75,000 $75,000 $1,314 7.35%

    For 2022, Thompson Kane & Company's most frequently cited loan duration was 30 Year, with 960 originations. The 2nd most popular length was Other, with 88 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 418 $123,360,000 $295,120
    $<1k 373 $117,555,000 $315,161
    $2k-3k 99 $27,325,000 $276,010
    $5k+ 94 $39,980,000 $425,319
    $3k-4k 79 $20,375,000 $257,911
    $4k-5k 44 $13,120,000 $298,182

    Thompson Kane & Company's average total fees were $4,521, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 418 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 442 $134,130,000 $303,462
    4-5% 209 $67,095,000 $321,029
    6-7% 167 $49,155,000 $294,341
    3-4% 161 $53,915,000 $334,876
    7-8% 89 $20,315,000 $228,258
    2.5-3% 40 $15,450,000 $386,250
    Over 8% 16 $8,040,000 $502,500
    <2.5% 3 $865,000 $288,333

    During 2022, Thompson Kane & Company's average interest rate for loans was 5.21%, while their most frequently originated rate bucket for loans was 5-6%, with 442 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 565 $166,435,000 $294,575 $4,529 5.31%
    $100k-200k 251 $38,605,000 $153,805 $3,780 5.58%
    $400k-600k 193 $92,825,000 $480,959 $4,950 4.91%
    $100,000 or less 60 $4,280,000 $71,333 $2,747 6.34%
    $600k-1MM 51 $34,405,000 $674,608 $6,195 5.32%
    $1MM+ 7 $12,415,000 $1,773,571 $13,235 6.98%

    2022 saw Thompson Kane & Company place emphasis on $200k-400k loans with 565 originations, totaling $166,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 302 $103,080,000 $341,325 $4,786 5.23%
    $75k-100k 226 $63,450,000 $280,752 $4,630 5.44%
    $50k-75k 224 $45,800,000 $204,464 $4,062 5.39%
    $150k-250k 218 $86,640,000 $397,431 $4,447 5.29%
    $50k or less 97 $14,295,000 $147,371 $3,524 5.57%
    $250k+ 60 $35,700,000 $595,000 $5,158 5.60%

    Thompson Kane & Company lent most frequently to those with incomes in the $100k-150k range, with 302 originations. The second most popular income band? $75k-100k, with 226 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 207 $66,335,000 $320,459 $4,381 5.20%
    20-30% 181 $59,215,000 $327,155 $3,952 5.00%
    50-60% 70 $19,060,000 $272,286 $6,899 6.07%
    44% 57 $15,985,000 $280,439 $4,844 5.34%
    37% 51 $20,925,000 $410,294 $3,841 5.40%
    42% 50 $14,890,000 $297,800 $3,840 5.35%
    41% 49 $16,205,000 $330,714 $3,846 5.38%
    <20% 48 $13,940,000 $290,417 $3,333 4.88%
    39% 48 $14,000,000 $291,667 $4,278 5.22%
    40% 47 $12,695,000 $270,106 $4,141 5.47%
    43% 45 $13,565,000 $301,444 $4,710 5.56%
    36% 43 $13,915,000 $323,605 $4,401 5.64%
    38% 42 $13,160,000 $313,333 $3,846 5.09%
    49% 41 $11,295,000 $275,488 $4,900 5.62%
    45% 40 $12,380,000 $309,500 $5,207 5.26%
    46% 35 $10,965,000 $313,286 $4,645 5.62%
    48% 30 $8,700,000 $290,000 $4,793 6.02%
    47% 29 $7,965,000 $274,655 $5,022 5.73%
    >60% 13 $3,135,000 $241,154 $5,779 7.26%

    Thompson Kane & Company lent most frequently to those with DTI ratios of 30-36%, with 207 originations. The next most common DTI ratio? 20-30%, with 181 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 949 $285,315,000 $300,648 $4,487 5.43%
    Asian 69 $28,655,000 $415,290 $4,376 4.58%
    Not provided 57 $19,475,000 $341,667 $3,701 5.19%
    Black 42 $12,360,000 $294,286 $4,993 5.72%
    Asian Indian 5 $1,855,000 $371,000 $3,312 3.83%
    American Indian 3 $795,000 $265,000 $2,866 4.42%
    Korean 1 $285,000 $285,000 $10,453 7.00%
    Native Hawaiian or Islander 1 $225,000 $225,000 $2,797 5.25%

    Approval Rates

    Total approvals of all applications
    98.90%

    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 origination
    87.84%

    Thompson Kane & Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,127 $348,965,000 $309,641

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,127 $348,965,000 $309,641

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 43 $5,525,000 $128,488 $2,868 6.78%
    40-60% 76 $22,790,000 $299,868 $3,933 5.36%
    60-80% 269 $88,845,000 $330,279 $4,276 5.21%
    80-100% 717 $228,385,000 $318,529 $4,629 5.33%
    Over 100% 6 $1,900,000 $316,667 $12,235 4.48%
    Under 20% 16 $1,520,000 $95,000 $2,009 6.26%