Thompson Kane & Company Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300HN58ONH5KNJJ12

Tax ID: 45-4156623

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Mortgage Data

Review & Overview

Thompson Kane & Company is a smaller mortgage company specializing in Refi and 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, Denver, Milwaukee, Hannibal, and Watertown among others. We have data for 71 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 an above 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.

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 6.72% 11/17/24
30 Year Conventional Refi 6.67% 11/17/24
30 Year Cash-out Refi 6.69% 11/17/24
30 Year FHA Purchase 7.54% 11/17/24
30 Year FHA Refi 7.28% 11/17/24
30 Year VA Purchase 6.24% 11/17/24
30 Year VA Refi 6.31% 11/17/24
30 Year USDA Purchase 6.98% 11/17/24
15 Year Conventional Purchase 5.84% 11/17/24
15 Year Conventional Refi 6.05% 11/17/24
15 Year Cash-out Refi 6.05% 11/17/24
15 Year VA Refi 6.52% 11/17/24
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

1,709

Origination Dollar Volume (All Markets)

$449,535,000
Show all (21) awards

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) 993 $283,065,000 $285,060 $2,620 3.08%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 129 $43,255,000 $335,310 $2,727 2.91%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 76 $20,720,000 $272,632 $1,985 2.93%
Hannibal, MO (FHA|USDA|VA) 93 $13,005,000 $139,839 $2,884 3.17%
Outside of Metro Areas 59 $11,255,000 $190,763 $2,790 3.23%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 50 $11,250,000 $225,000 $2,350 3.18%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 36 $9,040,000 $251,111 $2,752 3.07%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 41 $8,005,000 $195,244 $3,461 3.09%
Baraboo, WI (FHA|USDA|VA) 31 $6,545,000 $211,129 $3,791 3.20%
ST. LOUIS, MO-IL (FHA|USDA|VA) 28 $6,360,000 $227,143 $2,433 2.81%
Beaver Dam, WI (FHA|USDA|VA) 28 $5,070,000 $181,071 $3,735 3.22%
Quincy, IL-MO (FHA|USDA|VA) 26 $3,340,000 $128,462 $3,069 3.19%
GREELEY, CO (FHA|USDA|VA) 4 $1,570,000 $392,500 $2,608 3.38%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,475,000 $491,667 $3,056 2.79%
APPLETON, WI (FHA|USDA|VA) 6 $1,450,000 $241,667 $3,265 3.27%
COLORADO SPRINGS, CO (FHA|USDA|VA) 6 $1,410,000 $235,000 $2,403 2.83%
KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $1,270,000 $211,667 $2,988 2.58%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,245,000 $415,000 $3,339 2.38%
BOULDER, CO (FHA|USDA|VA) 3 $1,115,000 $371,667 $2,263 2.63%
Whitewater, WI (FHA|USDA|VA) 5 $1,045,000 $209,000 $2,442 2.75%
Breckenridge, CO (FHA|USDA|VA) 4 $1,010,000 $252,500 $1,698 3.00%
COLUMBIA, MO (FHA|USDA|VA) 5 $935,000 $187,000 $2,739 2.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $735,000 $245,000 $2,936 2.67%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 3 $715,000 $238,333 $2,330 3.29%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $690,000 $345,000 $2,567 2.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $685,000 $228,333 $2,356 3.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $680,000 $340,000 $4,097 3.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $670,000 $335,000 $7,712 4.19%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 4 $610,000 $152,500 $4,334 3.59%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $610,000 $305,000 $2,466 2.75%
ROCKFORD, IL (FHA|USDA|VA) 4 $590,000 $147,500 $3,034 3.41%
RACINE, WI (FHA|USDA|VA) 3 $565,000 $188,333 $4,046 3.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $515,000 $515,000 $4,903 2.13%
FOND DU LAC, WI (FHA|USDA|VA) 2 $480,000 $240,000 $2,208 3.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $475,000 $475,000 $3,186 3.38%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $460,000 $230,000 $1,953 3.06%
Glenwood Springs, CO (FHA|USDA|VA) 1 $425,000 $425,000 $2,367 2.63%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,253 2.75%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $385,000 $128,333 $2,727 3.00%
Steamboat Springs, CO (FHA|USDA|VA) 1 $375,000 $375,000 $2,745 2.88%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $375,000 $375,000 $1,961 1.88%
AMES, IA (FHA|USDA|VA) 3 $345,000 $115,000 $2,183 3.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $335,000 $335,000 $3,391 2.13%
Stevens Point, WI (FHA|USDA|VA) 1 $255,000 $255,000 $1,335 2.88%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,610 2.63%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $255,000 $255,000 $1,720 2.25%
JACKSON, TN (FHA|USDA|VA) 1 $255,000 $255,000 $1,718 2.50%
Farmington, MO (FHA|USDA|VA) 1 $235,000 $235,000 $7,123 3.38%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,557 3.00%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $230,000 $115,000 $3,150 3.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $225,000 $225,000 $6,576 2.88%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,230 2.63%
Mason City, IA (FHA|USDA|VA) 1 $215,000 $215,000 $5,991 4.75%
CaƱon City, CO (FHA|USDA|VA) 1 $205,000 $205,000 $1,667 2.63%
THE VILLAGES, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,435 2.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $195,000 $195,000 $1,946 2.75%
DUBUQUE, IA (FHA|USDA|VA) 1 $185,000 $185,000 $3,030 2.13%
Platteville, WI (FHA|USDA|VA) 1 $185,000 $185,000 $1,720 2.63%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $175,000 $175,000 $1,701 2.75%
Ottawa, IL (FHA|USDA|VA) 1 $165,000 $165,000 $5,847 3.63%
GREEN BAY, WI (FHA|USDA|VA) 1 $165,000 $165,000 $5,955 3.00%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,674 3.38%
Rochelle, IL (FHA|USDA|VA) 1 $145,000 $145,000 $5,295 5.25%
Scottsbluff, NE (FHA|USDA|VA) 1 $135,000 $135,000 $2,284 2.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $115,000 $115,000 $3,334 3.00%
Mexico, MO (FHA|USDA|VA) 1 $105,000 $105,000 $3,882 3.63%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $105,000 $105,000 $3,168 3.75%
Ottumwa, IA (FHA|USDA|VA) 1 $95,000 $95,000 $3,809 3.88%
PEORIA, IL (FHA|USDA|VA) 1 $95,000 $95,000 $770 5.00%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $85,000 $85,000 $1,727 2.75%
Freeport, IL (FHA|USDA|VA) 1 $75,000 $75,000 $2,468 3.63%
Thompson Kane & Company's top markets include Madison, Denver, Milwaukee, Hannibal, and Watertown 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)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,436 $390,220,000 $271,741 $2,210 3.05%
    FHA 135 $27,175,000 $201,296 $6,085 3.28%
    VA 69 $21,935,000 $317,899 $5,386 2.95%
    USDA 68 $10,130,000 $148,971 $3,720 3.19%
    HELOC 1 $75,000 $75,000 n/a 7.25%

    For 2020, Thompson Kane & Company's most frequently originated type of loan was Conventional, with 1,436 originations. Their 2nd most popular type was FHA, with 135 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 825 $230,395,000 $279,267 $2,228 2.95%
    Home Purchase 799 $195,845,000 $245,113 $3,228 3.18%
    Cash Out Refi 80 $22,150,000 $276,875 $2,449 3.24%
    Home Improvement 4 $1,040,000 $260,000 $2,321 4.06%
    Other 1 $105,000 $105,000 $2,280 3.25%

    For 2020, Thompson Kane & Company's most frequently cited loan purpose was Refi, with 825 originations. The 2nd most popular reason was Home Purchase, with 799 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,491 $399,105,000 $267,676 $2,824 3.08%
    15 Year 136 $32,750,000 $240,809 $1,880 2.51%
    20 Year 35 $9,105,000 $260,143 $2,028 2.98%
    Other 29 $5,365,000 $185,000 $1,949 5.07%
    10 Year 14 $2,930,000 $209,286 $1,586 2.37%
    3 Year 2 $190,000 $95,000 $3,177 6.49%
    1 Year 1 $35,000 $35,000 $695 5.50%
    5 Year 1 $55,000 $55,000 $300 9.99%

    For 2020, Thompson Kane & Company's most frequently cited loan duration was 30 Year, with 1,491 originations. The 2nd most popular length was 15 Year, with 136 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,494 $402,280,000 $269,264
    $1k-2k 151 $32,455,000 $214,934
    $2k-3k 32 $6,890,000 $215,313
    $3k-4k 14 $2,940,000 $210,000
    $5k+ 9 $3,085,000 $342,778
    $4k-5k 8 $1,810,000 $226,250

    Thompson Kane & Company's average total fees were $2,824, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,494 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 783 $212,475,000 $271,360
    3-4% 603 $152,955,000 $253,657
    <2.5% 244 $68,680,000 $281,475
    4-5% 51 $10,385,000 $203,627
    5-6% 16 $3,070,000 $191,875
    6-7% 6 $1,130,000 $188,333
    7-8% 4 $670,000 $167,500
    Over 8% 2 $170,000 $85,000

    During 2020, Thompson Kane & Company's average interest rate for loans was 3.08%, while their most frequently originated rate bucket for loans was 2.5-3%, with 783 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 930 $266,730,000 $286,806 $2,786 2.99%
    $100k-200k 456 $70,900,000 $155,482 $2,688 3.13%
    $400k-600k 210 $97,480,000 $464,190 $2,584 2.95%
    $100,000 or less 104 $7,920,000 $76,154 $2,152 3.75%
    $600k-1MM 8 $5,400,000 $675,000 $5,052 3.42%
    $1MM+ 1 $1,105,000 $1,105,000 $2,560 2.88%

    2020 saw Thompson Kane & Company place emphasis on $200k-400k loans with 930 originations, totaling $266,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 437 $129,625,000 $296,625 $2,605 3.10%
    $50k-75k 371 $76,915,000 $207,318 $2,833 3.07%
    $75k-100k 333 $85,885,000 $257,913 $2,732 3.03%
    $150k-250k 267 $89,685,000 $335,899 $2,368 3.02%
    $50k or less 224 $37,440,000 $167,143 $3,075 3.15%
    $250k+ 77 $29,985,000 $389,416 $2,646 3.12%

    Thompson Kane & Company lent most frequently to those with incomes in the $100k-150k range, with 437 originations. The second most popular income band? $50k-75k, with 371 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 407 $109,305,000 $268,563 $2,369 2.99%
    30-36% 362 $93,970,000 $259,586 $2,597 3.05%
    <20% 160 $42,350,000 $264,688 $2,040 2.94%
    44% 73 $19,625,000 $268,836 $2,428 3.18%
    37% 71 $17,215,000 $242,465 $2,442 3.12%
    40% 63 $16,655,000 $264,365 $2,897 3.18%
    43% 57 $13,755,000 $241,316 $2,913 3.10%
    42% 55 $14,365,000 $261,182 $2,501 3.23%
    38% 53 $13,855,000 $261,415 $2,629 3.04%
    50-60% 50 $11,930,000 $238,600 $6,134 3.43%
    39% 49 $13,265,000 $270,714 $2,848 2.97%
    36% 46 $13,490,000 $293,261 $3,022 3.04%
    41% 45 $11,835,000 $263,000 $2,487 3.30%
    45% 39 $10,475,000 $268,590 $3,242 3.11%
    49% 36 $9,940,000 $276,111 $3,541 3.25%
    46% 35 $9,245,000 $264,143 $3,235 2.98%
    48% 35 $9,085,000 $259,571 $3,438 3.21%
    47% 30 $7,550,000 $251,667 $3,080 3.12%
    >60% 4 $760,000 $190,000 $2,799 3.88%

    Thompson Kane & Company lent most frequently to those with DTI ratios of 20-30%, with 407 originations. The next most common DTI ratio? 30-36%, with 362 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,519 $394,635,000 $259,799 $2,722 3.10%
    Not provided 121 $35,235,000 $291,198 $2,507 2.81%
    Asian 44 $13,670,000 $310,682 $2,421 2.78%
    Black 18 $3,850,000 $213,889 $3,424 3.08%
    Asian Indian 2 $740,000 $370,000 $1,830 2.44%
    Native Hawaiian or Islander 2 $480,000 $240,000 $2,487 2.94%
    American Indian 1 $395,000 $395,000 $2,866 3.38%
    Korean 1 $285,000 $285,000 $4,184 3.25%
    Not applicable 1 $245,000 $245,000 $2,180 3.38%

    Approval Rates

    Total approvals of all applications
    99.10%

    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
    90.40%

    Thompson Kane & Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,709 $449,535,000 $263,040

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 1,709 $449,535,000 $263,040

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 50 $9,150,000 $183,000 $1,749 3.69%
    40-60% 183 $46,255,000 $252,760 $2,156 2.76%
    60-80% 646 $183,600,000 $284,211 $2,225 2.99%
    80-100% 801 $205,215,000 $256,199 $3,191 3.13%
    Over 100% 12 $3,700,000 $308,333 $11,167 3.45%
    Under 20% 17 $1,615,000 $95,000 $800 4.87%