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, Milwaukee, Denver, Janesville, and Chicago among others. We have data for 38 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.72% | 11/22/24 |
| 30 Year Conventional Refi | 6.67% | 11/22/24 |
| 30 Year Cash-out Refi | 6.69% | 11/22/24 |
| 30 Year FHA Purchase | 7.54% | 11/22/24 |
| 30 Year FHA Refi | 7.28% | 11/22/24 |
| 30 Year VA Purchase | 6.24% | 11/22/24 |
| 30 Year VA Refi | 6.31% | 11/22/24 |
| 30 Year USDA Purchase | 6.98% | 11/22/24 |
| 15 Year Conventional Purchase | 5.84% | 11/22/24 |
| 15 Year Conventional Refi | 6.05% | 11/22/24 |
| 15 Year Cash-out Refi | 6.05% | 11/22/24 |
| 15 Year VA Refi | 6.52% | 11/22/24 |
| 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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This is not an official calculator from Thompson Kane & Company. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
564Origination Dollar Volume (All Markets)
$118,340,000Top 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) | 283 | $70,045,000 | $247,509 | $3,545 | 4.67% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 47 | $7,735,000 | $164,574 | $4,337 | 4.93% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 14 | $4,070,000 | $290,714 | $8,174 | 5.18% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 25 | $3,845,000 | $153,800 | $4,347 | 4.91% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 18 | $3,370,000 | $187,222 | $5,354 | 5.28% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 13 | $2,945,000 | $226,538 | $3,530 | 4.80% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 12 | $2,860,000 | $238,333 | $4,446 | 5.31% |
| Outside of Metro Areas | 17 | $2,395,000 | $140,882 | $4,664 | 4.78% |
| Beaver Dam, WI (FHA|USDA|VA) | 14 | $2,280,000 | $162,857 | $5,196 | 4.92% |
| Hannibal, MO (FHA|USDA|VA) | 22 | $2,210,000 | $100,455 | $3,227 | 5.03% |
| HATTIESBURG, MS (FHA|USDA|VA) | 15 | $2,175,000 | $145,000 | $4,367 | 5.12% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 10 | $1,990,000 | $199,000 | $5,017 | 5.05% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 12 | $1,980,000 | $165,000 | $4,664 | 5.42% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 11 | $1,675,000 | $152,273 | $4,595 | 4.49% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 10 | $1,510,000 | $151,000 | $3,472 | 4.64% |
| Baraboo, WI (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $5,587 | 4.95% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $4,639 | 5.37% |
| FOND DU LAC, WI (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $6,664 | 5.40% |
| APPLETON, WI (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,040 | 4.69% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,280 | 4.50% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $6,894 | 6.00% |
| RACINE, WI (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $3,484 | 5.38% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,928 | 5.25% |
| Fremont, NE (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $5,152 | 5.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,175 | 4.88% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,097 | 4.99% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,430 | 4.25% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,490 | 5.44% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,813 | 4.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,423 | 5.25% |
| Platteville, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,584 | 4.88% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,010 | 5.50% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,110 | 5.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,080 | 5.63% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,205 | 4.50% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,290 | 4.75% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,888 | 5.50% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,183 | 4.88% |
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 2018, Thompson Kane & Company's most frequently originated type of loan was Conventional, with 340 originations. Their 2nd most popular type was FHA, with 156 originations.
Loan Reason
For 2018, Thompson Kane & Company's most frequently cited loan purpose was Home Purchase, with 501 originations. The 2nd most popular reason was Refi, with 53 originations.
Loan Duration/Length
For 2018, Thompson Kane & Company's most frequently cited loan duration was 30 Year, with 523 originations. The 2nd most popular length was 15 Year, with 23 originations.
Origination Fees/Closing Costs
Thompson Kane & Company's average total fees were $4,182, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 314 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 380 | $85,480,000 | $224,947 |
| 5-6% | 139 | $23,405,000 | $168,381 |
| 3-4% | 37 | $8,385,000 | $226,622 |
| 6-7% | 4 | $700,000 | $175,000 |
| 7-8% | 4 | $370,000 | $92,500 |
During 2018, Thompson Kane & Company's average interest rate for loans was 4.86%, while their most frequently originated rate bucket for loans was 4-5%, with 380 originations.
Loan Sizing
2018 saw Thompson Kane & Company place emphasis on $200k-400k loans with 246 originations, totaling $66,020,000 in origination value.
Applicant Income
Thompson Kane & Company lent most frequently to those with incomes in the $50k-75k range, with 166 originations. The second most popular income band? $50k or less, with 128 originations.
Applicant Debt to Income Ratio
Thompson Kane & Company lent most frequently to those with DTI ratios of 30-36%, with 114 originations. The next most common DTI ratio? 20-30%, with 74 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.96%
Thompson Kane & Company has an average approval rate.
Pick Rate
Approvals leading to origination76.42%
Thompson Kane & Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 564 | $118,340,000 | $209,823 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 2 | $280,000 | $140,000 |
| Single Family (1-4 Units):Site-Built | 562 | $118,060,000 | $210,071 |