Wings Financial Mortgage Rates, Fees & Info
Apple Valley, MNLEI: 549300HVW3AI97UKTO72
Tax ID: 41-6028665
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Mortgage Data
Review & Overview
Wings Financial is a smaller mortgage company specializing in Home Purchase loans. Wings Financial has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Atlanta, Madison, Willmar, and Brainerd among others. We have data for 198 markets. (Some data included below & more in-depth data is available with an active subscription.)Wings Financial has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Wings Financial 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/19/24 |
| 30 Year Conventional Purchase | 6.33% | 4/19/24 |
| 30 Year Conventional Refi | 6.04% | 4/19/24 |
| 30 Year Cash-out Refi | 6.27% | 4/19/24 |
| 15 Year Conventional Purchase | 5.48% | 4/19/24 |
| 15 Year Conventional Refi | 5.73% | 4/19/24 |
| 15 Year Cash-out Refi | 5.73% | 4/19/24 |
| 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. | ||
Wings Financial Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Wings Financial. 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
3,636Origination Dollar Volume (All Markets)
$769,540,000Awards
WINGS FINANCIAL - 2023
WINGS FINANCIAL is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Wings Financial's average 30 year fixed mortgage rate was
5.93%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.55%.
Relative Fees (Closing Costs)
Wings Financial's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,931.
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 $9,089.
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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2,438 | $469,000,000 | $192,371 | $3,811 | 7.27% |
| Outside of Metro Areas | 133 | $21,605,000 | $162,444 | $3,260 | 7.20% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 97 | $15,945,000 | $164,381 | $4,344 | 7.56% |
| MADISON, WI (FHA|USDA|VA) | 40 | $15,560,000 | $389,000 | $3,159 | 6.82% |
| Willmar, MN (FHA|USDA|VA) | 4 | $14,320,000 | $3,580,000 | $3,307 | 6.95% |
| Brainerd, MN (FHA|USDA|VA) | 64 | $12,690,000 | $198,281 | $3,548 | 6.64% |
| GREEN BAY, WI (FHA|USDA|VA) | 5 | $11,605,000 | $2,321,000 | $2,038 | 6.64% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 34 | $10,200,000 | $300,000 | $4,043 | 7.31% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 40 | $9,290,000 | $232,250 | $4,830 | 6.88% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 14 | $7,470,000 | $533,571 | $6,507 | 5.82% |
| APPLETON, WI (FHA|USDA|VA) | 21 | $6,365,000 | $303,095 | $2,722 | 7.03% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 51 | $5,975,000 | $117,157 | $3,837 | 7.42% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 12 | $5,960,000 | $496,667 | $5,719 | 6.24% |
| DULUTH, MN-WI (FHA|USDA|VA) | 30 | $5,360,000 | $178,667 | $3,733 | 7.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $5,240,000 | $524,000 | $7,989 | 6.73% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 18 | $5,170,000 | $287,222 | $3,145 | 6.48% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 33 | $5,165,000 | $156,515 | $3,879 | 7.16% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 17 | $5,075,000 | $298,529 | $5,736 | 6.48% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 23 | $4,465,000 | $194,130 | $6,010 | 7.40% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 14 | $4,440,000 | $317,143 | $5,927 | 6.74% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 26 | $4,350,000 | $167,308 | $5,296 | 8.56% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 14 | $3,670,000 | $262,143 | $3,596 | 6.53% |
| ROCHESTER, MN (FHA|USDA|VA) | 17 | $3,595,000 | $211,471 | $3,171 | 6.26% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 7 | $3,575,000 | $510,714 | $5,439 | 5.84% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 15 | $3,445,000 | $229,667 | $5,132 | 7.25% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $3,045,000 | $179,118 | $4,527 | 7.42% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 8 | $3,030,000 | $378,750 | $3,452 | 6.05% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 8 | $2,890,000 | $361,250 | $3,762 | 5.17% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 6 | $2,840,000 | $473,333 | $6,554 | 6.42% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 7 | $2,775,000 | $396,429 | $9,120 | 7.59% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 21 | $2,545,000 | $121,190 | $4,271 | 7.40% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 10 | $2,530,000 | $253,000 | $5,087 | 6.47% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 11 | $2,275,000 | $206,818 | $3,026 | 7.35% |
| ST. CLOUD, MN (FHA|USDA|VA) | 13 | $2,035,000 | $156,538 | $3,099 | 7.24% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 7 | $1,965,000 | $280,714 | $4,199 | 6.29% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 6 | $1,890,000 | $315,000 | $6,297 | 5.77% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $1,875,000 | $375,000 | $3,887 | 5.20% |
| Grand Rapids, MN (FHA|USDA|VA) | 8 | $1,690,000 | $211,250 | $3,699 | 6.95% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,685,000 | $561,667 | $3,194 | 4.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $1,660,000 | $415,000 | $2,811 | 5.44% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $1,625,000 | $232,143 | $4,472 | 7.07% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 4 | $1,620,000 | $405,000 | $3,202 | 5.88% |
| TUCSON, AZ (FHA|USDA|VA) | 6 | $1,610,000 | $268,333 | $4,386 | 6.04% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $1,605,000 | $1,605,000 | $5,383 | 5.13% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $1,595,000 | $531,667 | $3,491 | 5.58% |
| THE VILLAGES, FL (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $4,010 | 5.38% |
| ANCHORAGE, AK (FHA|USDA|VA) | 5 | $1,505,000 | $301,000 | $2,863 | 7.58% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $1,480,000 | $740,000 | $7,008 | 5.50% |
| OCALA, FL (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $4,714 | 5.48% |
| LOUISVILLE, KY (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $3,705 | 7.40% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $1,280,000 | $640,000 | $6,506 | 5.06% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 7 | $1,275,000 | $182,143 | $6,228 | 8.09% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 5 | $1,245,000 | $249,000 | $2,506 | 7.28% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $5,424 | 6.56% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 8 | $1,210,000 | $151,250 | $3,961 | 7.33% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $4,818 | 6.67% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $5,771 | 7.13% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 5 | $1,075,000 | $215,000 | $3,316 | 7.40% |
| FORT COLLINS, CO (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $3,399 | 4.33% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $4,455 | 5.71% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5 | $995,000 | $199,000 | $2,972 | 6.75% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $6,984 | 6.63% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $3,312 | 5.69% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $7,215 | 6.00% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $4,487 | 7.63% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $4,715 | 4.94% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $8,041 | 7.66% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $7,148 | 5.50% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $7,225 | 5.88% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $4,209 | 6.50% |
| Baraboo, WI (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $2,960 | 6.42% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $4,177 | 7.38% |
| Torrington, CT (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $17,477 | 5.25% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $4,369 | 7.83% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $2,336 | 6.50% |
| Owatonna, MN (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $3,584 | 7.06% |
| Beaver Dam, WI (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $2,939 | 6.92% |
| Red Wing, MN (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $3,342 | 5.62% |
| Adrian, MI (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $2,986 | 6.81% |
| MONROE, MI (FHA|USDA|VA) | 6 | $690,000 | $115,000 | $2,932 | 7.25% |
| Shawano, WI (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 6.75% |
| RENO, NV (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $3,632 | 6.50% |
| BEND, OR (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $9,997 | 5.63% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $3,542 | 7.62% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 8 | $640,000 | $80,000 | $0 | 8.31% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $4,504 | 5.21% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $3,797 | 4.88% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $2,039 | 7.63% |
| MISSOULA, MT (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $3,940 | 6.50% |
| Alexandria, MN (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $3,912 | 6.58% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $3,368 | 7.17% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,141 | 6.44% |
| Helena, MT (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $4,418 | 4.88% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $4,092 | 5.38% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $2,854 | 5.38% |
| Granbury, TX (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,339 | 6.81% |
| Stevens Point, WI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $3,806 | 6.19% |
| Bemidji, MN (FHA|USDA|VA) | 5 | $435,000 | $87,000 | $3,167 | 5.02% |
| Pierre, SD (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $4,182 | 5.37% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $4,521 | 4.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $4,361 | 7.29% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $4,027 | 5.75% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,708 | 7.50% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 2.99% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,073 | 5.75% |
| MANKATO, MN (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $3,264 | 6.53% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,477 | 5.25% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,050 | 5.38% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,737 | 5.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 8.25% |
| FARGO, ND-MN (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $0 | 8.56% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,454 | 5.38% |
| CASPER, WY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,530 | 4.88% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,804 | 4.88% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,013 | 5.00% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,499 | 5.25% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,277 | 5.50% |
| New Ulm, MN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,395 | 5.81% |
| Hutchinson, MN (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $3,282 | 8.00% |
| Traverse City, MI (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $2,359 | 8.29% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,311 | 7.75% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,362 | 4.93% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 8.25% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,594 | 5.25% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 8.88% |
| Hailey, ID (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.25% |
| Edwards, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.25% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,621 | 5.25% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.25% |
| Crossville, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,408 | 5.50% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $2,812 | 5.33% |
| Mason City, IA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,120 | 4.88% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,419 | 8.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,859 | 5.50% |
| UTICA-ROME, NY (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,474 | 5.38% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,159 | 7.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,753 | 6.63% |
| Marshall, MN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,246 | 5.50% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,447 | 6.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 8.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,131 | 7.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,587 | 6.13% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,588 | 7.38% |
| Fergus Falls, MN (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $2,713 | 8.00% |
| Boone, NC (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,269 | 7.81% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,094 | 6.13% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,705 | 7.25% |
| Menomonie, WI (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,494 | 8.94% |
| Fairmont, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,200 | 5.00% |
| Minot, ND (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,365 | 5.38% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 8.33% |
| Fort Dodge, IA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,880 | 7.25% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,713 | 5.25% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,215 | 5.75% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 8.25% |
| Heber, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.25% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.25% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 5.50% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $0 | 9.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 8.25% |
| SALEM, OR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.25% |
| Woodward, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,929 | 5.38% |
| Gillette, WY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,020 | 5.63% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,471 | 6.00% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 8.25% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 9.88% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 8.25% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,450 | 5.75% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,392 | 5.25% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 9.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 9.13% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.25% |
| Alpena, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.50% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.25% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.25% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,845 | 5.88% |
| Carroll, IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.00% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.25% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.99% |
| Easton, MD (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.75% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.00% |
| Albert Lea, MN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 7.75% |
| DALTON, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 7.25% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.25% |
| Shelton, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 7.25% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.25% |
| Corinth, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.00% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.50% |
| RACINE, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.25% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 10.25% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 8.25% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.99% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.50% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.75% |
| Branson, MO (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 10.50% |
| Sterling, IL (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 8.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against WINGS FINANCIAL 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 |
|---|---|---|---|---|---|
| HELOC | 2,253 | $199,185,000 | $88,409 | n/a | 7.93% |
| Conventional | 1,383 | $570,355,000 | $412,404 | $3,897 | 5.94% |
For 2023, Wings Financial's most frequently originated type of loan was HELOC, with 2,253 originations. Their 2nd most popular type was Conventional, with 1,383 originations.
Loan Reason
For 2023, Wings Financial's most frequently cited loan purpose was Home Purchase, with 1,273 originations. The 2nd most popular reason was Other, with 1,034 originations.
Loan Duration/Length
For 2023, Wings Financial's most frequently cited loan duration was 20 Year, with 1,978 originations. The 2nd most popular length was 30 Year, with 1,283 originations.
Origination Fees/Closing Costs
Wings Financial's average total fees were $3,931, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 920 originations.
Interest Rates
During 2023, Wings Financial's average interest rate for loans was 5.93%, while their most frequently originated rate bucket for loans was Over 8%, with 1,251 originations.
Loan Sizing
2023 saw Wings Financial place emphasis on $100,000 or less loans with 1,553 originations, totaling $83,085,000 in origination value.
Applicant Income
Wings Financial lent most frequently to those with incomes in the $100k-150k range, with 1,010 originations. The second most popular income band? $150k-250k, with 921 originations.
Applicant Debt to Income Ratio
Wings Financial lent most frequently to those with DTI ratios of 20-30%, with 759 originations. The next most common DTI ratio? 30-36%, with 653 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.97%
Wings Financial has an average approval rate.
Pick Rate
Approvals leading to origination68.87%
Wings Financial 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 |
|---|---|---|---|
| 0.0 | 19 | $2,075,000 | $109,211 |
| NA | 3,617 | $767,465,000 | $212,183 |