Cport Mortgage Rates, Fees & Info
Portland, MELEI: 549300HNQDVXN8569N58
Tax ID: 01-0079380
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Cport is a smaller mortgage company specializing in Home Purchase loans. Cport has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Augusta, Lewiston, and Bangor among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Cport 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.
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Originations
163Origination Dollar Volume (All Markets)
$30,535,000Top 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 |
|---|---|---|---|---|---|
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 102 | $23,080,000 | $226,275 | $0 | 0.00% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 32 | $3,750,000 | $117,188 | $0 | 0.00% |
| Outside of Metro Areas | 18 | $2,340,000 | $130,000 | $0 | 0.00% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 7 | $745,000 | $106,429 | $0 | 0.00% |
| BANGOR, ME (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 163 | $30,535,000 | $187,331 | $0 | 0.00% |
For 2022, Cport's most frequently originated type of loan was Conventional, with 163 originations.
Loan Reason
For 2022, Cport's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Home Improvement, with 49 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 163 | $30,535,000 | $187,331 | $0 | 0.00% |
For 2022, Cport's most frequently cited loan duration was Other, with 163 originations.
Loan Sizing
2022 saw Cport place emphasis on $100,000 or less loans with 70 originations, totaling $3,710,000 in origination value.
Applicant Income
Cport lent most frequently to those with incomes in the $100k-150k range, with 37 originations. The second most popular income band? $75k-100k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 163 | $30,535,000 | $187,331 | $0 | 0.00% |
Cport lent most frequently to those with DTI ratios of Exempt%, with 163 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.31%
Cport has an average approval rate.
Pick Rate
Approvals leading to origination66.87%
Cport has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 163 | $30,535,000 | $187,331 |