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 Home Purchase and Refi 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 Chicago among others. We have data for 76 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.

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% 5/4/24
30 Year Conventional Refi 6.67% 5/4/24
30 Year Cash-out Refi 6.69% 5/4/24
30 Year FHA Purchase 7.54% 5/4/24
30 Year FHA Refi 7.28% 5/4/24
30 Year VA Purchase 6.24% 5/4/24
30 Year VA Refi 6.31% 5/4/24
30 Year USDA Purchase 6.98% 5/4/24
15 Year Conventional Purchase 5.84% 5/4/24
15 Year Conventional Refi 6.05% 5/4/24
15 Year Cash-out Refi 6.05% 5/4/24
15 Year VA Refi 6.52% 5/4/24
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

1,664

Origination Dollar Volume (All Markets)

$486,660,000
Show all (19) 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) 910 $287,980,000 $316,462 $2,684 2.90%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 102 $36,610,000 $358,922 $2,829 3.03%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 77 $23,375,000 $303,571 $2,288 2.94%
Hannibal, MO (FHA|USDA|VA) 119 $17,485,000 $146,933 $2,737 3.04%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 53 $16,205,000 $305,755 $3,309 3.10%
Outside of Metro Areas 56 $12,920,000 $230,714 $2,729 3.04%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 39 $9,345,000 $239,615 $3,504 3.09%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 39 $8,775,000 $225,000 $3,168 3.25%
Baraboo, WI (FHA|USDA|VA) 29 $7,315,000 $252,241 $3,139 2.99%
ST. LOUIS, MO-IL (FHA|USDA|VA) 23 $5,015,000 $218,043 $2,394 2.60%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $3,935,000 $437,222 $2,317 3.14%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 11 $3,795,000 $345,000 $1,596 3.02%
Edwards, CO (FHA|USDA|VA) 4 $3,060,000 $765,000 $3,972 2.53%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $2,950,000 $737,500 $3,344 2.81%
FORT COLLINS, CO (FHA|USDA|VA) 8 $2,880,000 $360,000 $2,743 3.41%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 8 $2,660,000 $332,500 $2,675 2.88%
Beaver Dam, WI (FHA|USDA|VA) 12 $2,570,000 $214,167 $4,096 2.77%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $2,410,000 $200,833 $2,133 2.90%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $2,225,000 $202,273 $1,627 3.26%
Quincy, IL-MO (FHA|USDA|VA) 16 $1,830,000 $114,375 $2,777 3.02%
GREEN BAY, WI (FHA|USDA|VA) 6 $1,790,000 $298,333 $2,536 3.81%
GREELEY, CO (FHA|USDA|VA) 4 $1,660,000 $415,000 $2,806 3.03%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,480,000 $370,000 $2,858 2.87%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,410,000 $352,500 $3,671 2.91%
Breckenridge, CO (FHA|USDA|VA) 2 $1,390,000 $695,000 $3,256 3.13%
RACINE, WI (FHA|USDA|VA) 7 $1,295,000 $185,000 $2,065 2.82%
Stevens Point, WI (FHA|USDA|VA) 5 $1,165,000 $233,000 $5,520 3.77%
Whitewater, WI (FHA|USDA|VA) 6 $1,100,000 $183,333 $3,716 3.25%
APPLETON, WI (FHA|USDA|VA) 5 $1,075,000 $215,000 $2,699 2.95%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $3,049 3.13%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $1,030,000 $515,000 $2,185 2.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $925,000 $308,333 $3,379 3.21%
BOULDER, CO (FHA|USDA|VA) 3 $865,000 $288,333 $2,781 2.83%
WAUSAU-WESTON, WI (FHA|USDA|VA) 3 $855,000 $285,000 $2,409 2.92%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 4 $830,000 $207,500 $3,254 2.88%
ROCKFORD, IL (FHA|USDA|VA) 5 $815,000 $163,000 $3,694 3.20%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $815,000 $815,000 $6,418 3.00%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $780,000 $390,000 $2,841 2.75%
FOND DU LAC, WI (FHA|USDA|VA) 3 $745,000 $248,333 $2,843 2.88%
JOHNSON CITY, TN (FHA|USDA|VA) 3 $665,000 $221,667 $3,697 3.08%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $655,000 $218,333 $8,378 3.54%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $630,000 $315,000 $2,246 2.56%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $555,000 $555,000 $5,712 2.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $545,000 $545,000 $8,023 3.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $515,000 $515,000 $1,504 2.50%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 3 $485,000 $161,667 $2,827 3.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $450,000 $225,000 $3,688 3.00%
JEFFERSON CITY, MO (FHA|USDA|VA) 2 $450,000 $225,000 $2,034 2.94%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $410,000 $205,000 $5,016 2.74%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 3 $405,000 $135,000 $3,220 3.42%
PANAMA CITY, FL (FHA|USDA|VA) 1 $365,000 $365,000 $13,597 3.63%
DULUTH, MN-WI (FHA|USDA|VA) 1 $365,000 $365,000 $2,490 3.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $365,000 $365,000 $8,967 2.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $3,844 2.63%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $315,000 $315,000 $9,002 2.63%
Fort Morgan, CO (FHA|USDA|VA) 1 $315,000 $315,000 $2,810 2.63%
THE VILLAGES, FL (FHA|USDA|VA) 1 $305,000 $305,000 $3,932 2.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $305,000 $305,000 $1,845 2.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $285,000 $285,000 $7,734 2.88%
ROCHESTER, MN (FHA|USDA|VA) 1 $285,000 $285,000 $7,391 3.00%
COLUMBIA, MO (FHA|USDA|VA) 2 $280,000 $140,000 $3,008 2.93%
Menomonie, WI (FHA|USDA|VA) 1 $275,000 $275,000 $2,175 2.25%
Storm Lake, IA (FHA|USDA|VA) 1 $275,000 $275,000 $7,710 3.25%
Branson, MO (FHA|USDA|VA) 1 $275,000 $275,000 $6,853 3.63%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,679 3.38%
JACKSON, TN (FHA|USDA|VA) 1 $255,000 $255,000 $1,585 2.38%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,760 2.50%
Red Wing, MN (FHA|USDA|VA) 1 $215,000 $215,000 $2,565 2.75%
Lincoln, IL (FHA|USDA|VA) 1 $205,000 $205,000 $1,922 2.63%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $165,000 $165,000 $825 2.63%
Sikeston, MO (FHA|USDA|VA) 1 $165,000 $165,000 $3,734 3.38%
Norfolk, NE (FHA|USDA|VA) 1 $155,000 $155,000 $4,971 2.88%
Pontiac, IL (FHA|USDA|VA) 1 $155,000 $155,000 $2,042 3.13%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $95,000 $95,000 $2,901 3.50%
Sterling, IL (FHA|USDA|VA) 1 $95,000 $95,000 $4,103 3.25%
Platteville, WI (FHA|USDA|VA) 1 $85,000 $85,000 $2,575 2.88%
Thompson Kane & Company's top markets include Madison, Denver, Milwaukee, Hannibal, and Chicago 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.

    First Savings Bank of Hegewisch
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    SENB Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,423 $431,135,000 $302,976 $2,333 2.97%
    FHA 141 $30,375,000 $215,426 $6,388 3.03%
    VA 52 $18,600,000 $357,692 $5,243 2.56%
    USDA 47 $6,515,000 $138,617 $3,304 2.93%
    HELOC 1 $35,000 $35,000 n/a 5.00%

    For 2021, Thompson Kane & Company's most frequently originated type of loan was Conventional, with 1,423 originations. Their 2nd most popular type was FHA, with 141 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 980 $288,880,000 $294,776 $3,091 3.03%
    Refi 602 $176,360,000 $292,957 $2,392 2.81%
    Cash Out Refi 74 $18,620,000 $251,622 $2,320 3.13%
    Home Improvement 5 $1,675,000 $335,000 $2,152 4.52%
    NA 2 $870,000 $435,000 $2,933 3.06%
    Other 1 $255,000 $255,000 $3,046 3.75%

    For 2021, Thompson Kane & Company's most frequently cited loan purpose was Home Purchase, with 980 originations. The 2nd most popular reason was Refi, with 602 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,420 $421,110,000 $296,556 $2,921 2.94%
    15 Year 139 $35,785,000 $257,446 $1,891 2.27%
    Other 47 $12,795,000 $272,234 $2,398 5.23%
    20 Year 26 $7,540,000 $290,000 $2,047 2.54%
    1 Year 14 $5,610,000 $400,714 $2,619 4.85%
    10 Year 14 $3,170,000 $226,429 $1,627 2.26%
    3 Year 2 $450,000 $225,000 $6,168 7.74%
    5 Year 2 $200,000 $100,000 $3,958 7.99%

    For 2021, Thompson Kane & Company's most frequently cited loan duration was 30 Year, with 1,420 originations. The 2nd most popular length was 15 Year, with 139 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,465 $435,975,000 $297,594
    $1k-2k 135 $33,715,000 $249,741
    $2k-3k 32 $7,230,000 $225,938
    $3k-4k 14 $3,960,000 $282,857
    $5k+ 11 $3,445,000 $313,182
    $4k-5k 6 $2,300,000 $383,333

    Thompson Kane & Company's average total fees were $2,921, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,465 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 941 $285,245,000 $303,130
    3-4% 350 $93,320,000 $266,629
    <2.5% 311 $92,645,000 $297,894
    4-5% 31 $9,975,000 $321,774
    5-6% 15 $1,815,000 $121,000
    6-7% 8 $2,360,000 $295,000
    7-8% 6 $1,240,000 $206,667
    Over 8% 2 $60,000 $30,000

    During 2021, Thompson Kane & Company's average interest rate for loans was 2.94%, while their most frequently originated rate bucket for loans was 2.5-3%, with 941 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 861 $253,035,000 $293,885 $2,902 2.87%
    $100k-200k 378 $57,690,000 $152,619 $2,769 3.01%
    $400k-600k 295 $141,365,000 $479,203 $2,775 2.86%
    $100,000 or less 97 $7,125,000 $73,454 $1,936 3.72%
    $600k-1MM 28 $20,250,000 $723,214 $3,084 3.43%
    $1MM+ 5 $7,195,000 $1,439,000 $4,759 3.35%

    2021 saw Thompson Kane & Company place emphasis on $200k-400k loans with 861 originations, totaling $253,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 424 $138,940,000 $327,689 $2,743 2.96%
    $50k-75k 343 $78,495,000 $228,848 $2,990 2.89%
    $75k-100k 324 $93,900,000 $289,815 $2,852 2.92%
    $150k-250k 275 $99,825,000 $363,000 $2,419 3.07%
    $50k or less 206 $33,480,000 $162,524 $3,083 2.98%
    $250k+ 92 $42,020,000 $456,739 $2,665 2.99%

    Thompson Kane & Company lent most frequently to those with incomes in the $100k-150k range, with 424 originations. The second most popular income band? $50k-75k, with 343 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 389 $109,785,000 $282,224 $2,402 2.94%
    30-36% 319 $97,315,000 $305,063 $2,665 2.96%
    <20% 131 $35,655,000 $272,176 $2,073 2.95%
    41% 81 $25,175,000 $310,802 $2,967 3.02%
    37% 78 $24,890,000 $319,103 $2,872 2.88%
    38% 73 $19,705,000 $269,932 $2,876 2.93%
    40% 63 $17,225,000 $273,413 $2,737 2.97%
    39% 59 $16,255,000 $275,508 $2,934 2.98%
    50-60% 58 $14,050,000 $242,241 $5,348 3.15%
    36% 55 $17,815,000 $323,909 $2,506 3.03%
    44% 53 $16,165,000 $305,000 $3,002 2.93%
    43% 48 $14,030,000 $292,292 $2,532 2.93%
    45% 41 $12,405,000 $302,561 $3,124 3.14%
    42% 40 $13,160,000 $329,000 $3,083 2.94%
    47% 37 $10,655,000 $287,973 $3,885 3.02%
    49% 37 $10,905,000 $294,730 $3,314 2.94%
    48% 36 $11,180,000 $310,556 $2,925 2.93%
    46% 33 $10,065,000 $305,000 $2,851 2.93%
    >60% 4 $1,450,000 $362,500 $8,143 5.59%

    Thompson Kane & Company lent most frequently to those with DTI ratios of 20-30%, with 389 originations. The next most common DTI ratio? 30-36%, with 319 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,309 $370,355,000 $282,930 $2,831 2.95%
    Not provided 170 $55,180,000 $324,588 $2,747 3.11%
    Asian 135 $46,745,000 $346,259 $2,454 2.76%
    Asian Indian 18 $6,470,000 $359,444 $2,015 2.76%
    Black 24 $5,510,000 $229,583 $3,925 3.64%
    American Indian 4 $1,000,000 $250,000 $4,148 2.75%
    Chinese 2 $530,000 $265,000 $1,153 2.31%
    Other Asian 1 $465,000 $465,000 $2,280 2.88%
    Native Hawaiian or Islander 1 $405,000 $405,000 $3,505 3.63%

    Approval Rates

    Total approvals of all applications
    99.00%

    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
    87.20%

    Thompson Kane & Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    2363.0 1 $75,000 $75,000
    NA 1,663 $486,585,000 $292,595

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,664 $486,660,000 $292,464

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 59 $13,335,000 $226,017 $2,333 3.10%
    40-60% 152 $40,820,000 $268,553 $2,038 2.61%
    60-80% 582 $184,610,000 $317,199 $2,432 2.89%
    80-100% 836 $244,090,000 $291,974 $3,247 2.99%
    Over 100% 6 $1,650,000 $275,000 $8,615 2.73%
    Under 20% 29 $2,155,000 $74,310 $1,082 5.27%