Advancial Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300I1HK1BBZLKOB84

Tax ID: 75-0793299

1 stars - Updated: 3/3/24 - out of 5 stars, based on 28 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Advancial is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Advancial has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, New York, Dallas, San Diego, and San Francisco among others. We have data for 154 markets. (Some data included below & more in-depth data is available with an active subscription.)

Advancial 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. Advancial is typically a high 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.

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 7.57% 3/3/24
30 Year Conventional Refi 7.14% 3/3/24
30 Year Cash-out Refi 7.23% 3/3/24
15 Year Conventional Purchase 6.07% 3/3/24
15 Year Conventional Refi 5.91% 3/3/24
15 Year Cash-out Refi 5.91% 3/3/24
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.

Advancial Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Advancial. 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

781

Origination Dollar Volume (All Markets)

$398,405,000

Awards

ADVANCIAL 30 Year Conventional Loans silver ADVANCIAL 30 Year Conventional Loans bronze
Show all (2) awards

Relative Rate

Advancial's average 30 year fixed mortgage rate was 5.7%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.94%.

Relative Fees (Closing Costs)

Advancial's average total fees/closing costs for a 30 year fixed rate mortgage were $8,955.

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 $4,750.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 29 $38,655,000 $1,332,931 $20,451 5.55%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 57 $29,105,000 $510,614 $7,849 6.34%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 75 $26,835,000 $357,800 $8,286 5.07%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 19 $25,995,000 $1,368,158 $14,276 5.99%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 22 $25,430,000 $1,155,909 $16,174 5.53%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 54 $21,140,000 $391,481 $7,074 5.31%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 39 $18,885,000 $484,231 $9,130 6.18%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 21 $17,685,000 $842,143 $9,185 5.72%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 12 $9,680,000 $806,667 $13,017 6.31%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 14 $9,110,000 $650,714 $8,109 6.45%
Outside of Metro Areas 26 $7,900,000 $303,846 $6,387 5.94%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $7,535,000 $396,579 $8,157 6.19%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 18 $6,130,000 $340,556 $8,147 6.72%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 11 $5,755,000 $523,182 $10,714 6.80%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 12 $5,320,000 $443,333 $5,945 4.84%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 14 $5,070,000 $362,143 $6,782 5.73%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $5,030,000 $838,333 $12,632 5.83%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $4,230,000 $705,000 $9,107 6.46%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 10 $4,110,000 $411,000 $8,760 6.29%
LAFAYETTE, LA (FHA|USDA|VA) 32 $4,030,000 $125,938 $4,408 5.19%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 14 $3,980,000 $284,286 $7,561 5.29%
Heber, UT (FHA|USDA|VA) 7 $3,805,000 $543,571 $8,955 7.05%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $3,745,000 $535,000 $6,716 5.93%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $3,595,000 $1,198,333 $10,806 6.21%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $3,415,000 $487,857 $7,763 5.77%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $3,135,000 $1,045,000 $5,944 6.21%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $3,035,000 $337,222 $9,356 5.71%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $2,820,000 $1,410,000 $8,766 4.94%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $2,805,000 $935,000 $24,406 6.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,790,000 $348,750 $11,153 5.63%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $2,735,000 $390,714 $5,446 5.95%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 12 $2,730,000 $227,500 $6,419 5.96%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $2,725,000 $545,000 $8,427 6.00%
Bozeman, MT (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $20,000 7.13%
PANAMA CITY, FL (FHA|USDA|VA) 6 $2,310,000 $385,000 $7,520 6.52%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $2,220,000 $1,110,000 $22,075 5.06%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $2,200,000 $1,100,000 $5,591 5.44%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $2,165,000 $2,165,000 $48,839 3.63%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $2,090,000 $1,045,000 $12,820 6.69%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $1,965,000 $393,000 $7,710 5.93%
ANCHORAGE, AK (FHA|USDA|VA) 9 $1,945,000 $216,111 $4,338 4.96%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,715,000 $571,667 $9,434 5.67%
Kalispell, MT (FHA|USDA|VA) 3 $1,695,000 $565,000 $6,753 5.42%
OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $1,630,000 $203,750 $5,012 5.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,600,000 $800,000 $4,801 6.19%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,580,000 $395,000 $5,969 6.81%
COLUMBUS, OH (FHA|USDA|VA) 4 $1,550,000 $387,500 $5,844 4.94%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,460,000 $365,000 $4,753 6.81%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,330,000 $665,000 $15,766 7.19%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,300,000 $325,000 $6,687 6.72%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $1,130,000 $565,000 $16,613 5.25%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $1,080,000 $540,000 $6,739 4.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $1,080,000 $540,000 $5,085 5.38%
Shelby, NC (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $7,636 5.88%
NAPA, CA (FHA|USDA|VA) 2 $1,070,000 $535,000 $7,660 6.56%
RENO, NV (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,624 7.13%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $985,000 $328,333 $5,022 6.33%
STOCKTON, CA (FHA|USDA|VA) 1 $965,000 $965,000 $6,228 3.88%
Sevierville, TN (FHA|USDA|VA) 2 $920,000 $460,000 $3,710 5.63%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $890,000 $445,000 $4,670 4.19%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $880,000 $440,000 $9,984 5.50%
WENATCHEE, WA (FHA|USDA|VA) 2 $870,000 $435,000 $6,937 6.00%
Roseburg, OR (FHA|USDA|VA) 2 $850,000 $425,000 $6,940 4.56%
MEDFORD, OR (FHA|USDA|VA) 2 $800,000 $400,000 $6,971 4.75%
YUBA CITY, CA (FHA|USDA|VA) 1 $785,000 $785,000 $6,972 5.38%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $785,000 $261,667 $4,917 7.83%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $760,000 $380,000 $4,351 6.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $755,000 $755,000 $8,963 4.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $750,000 $375,000 $4,932 5.31%
Hilo, HI (FHA|USDA|VA) 1 $745,000 $745,000 $20,391 3.75%
Breckenridge, CO (FHA|USDA|VA) 2 $740,000 $370,000 $8,983 7.19%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $735,000 $735,000 $4,492 5.88%
La Grande, OR (FHA|USDA|VA) 1 $735,000 $735,000 $5,275 6.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $730,000 $365,000 $10,220 4.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $715,000 $715,000 $24,758 7.00%
Fredericksburg, TX (FHA|USDA|VA) 3 $705,000 $235,000 $3,333 9.38%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $685,000 $228,333 $4,309 6.17%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $680,000 $340,000 $5,562 6.31%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $665,000 $665,000 $5,437 4.25%
Jefferson, GA (FHA|USDA|VA) 1 $635,000 $635,000 $4,862 4.13%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $635,000 $211,667 $4,872 6.58%
MOBILE, AL (FHA|USDA|VA) 2 $620,000 $310,000 $6,489 6.69%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $585,000 $585,000 $10,352 4.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $585,000 $585,000 $4,753 5.75%
Edwards, CO (FHA|USDA|VA) 1 $575,000 $575,000 $10,000 8.25%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $565,000 $565,000 $17,926 4.88%
Oak Harbor, WA (FHA|USDA|VA) 1 $555,000 $555,000 $18,577 6.00%
GRANTS PASS, OR (FHA|USDA|VA) 1 $535,000 $535,000 $14,760 7.88%
ASHEVILLE, NC (FHA|USDA|VA) 1 $535,000 $535,000 $4,258 6.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $520,000 $260,000 $4,139 6.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $500,000 $250,000 $3,967 5.13%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $485,000 $485,000 $4,433 4.25%
GAINESVILLE, GA (FHA|USDA|VA) 1 $465,000 $465,000 $13,578 4.00%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $12,802 3.63%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $5,489 7.88%
Laconia, NH (FHA|USDA|VA) 1 $425,000 $425,000 $12,524 6.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $420,000 $210,000 $8,802 5.69%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $415,000 $415,000 $12,424 6.75%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $400,000 $200,000 $4,597 5.44%
Key West, FL (FHA|USDA|VA) 1 $395,000 $395,000 $8,185 5.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $390,000 $195,000 $4,912 7.69%
Concord, NH (FHA|USDA|VA) 1 $385,000 $385,000 $4,065 7.63%
Astoria, OR (FHA|USDA|VA) 1 $385,000 $385,000 $13,352 5.13%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $385,000 $385,000 $4,597 4.88%
Ellensburg, WA (FHA|USDA|VA) 1 $385,000 $385,000 $6,768 6.38%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $365,000 $365,000 $4,688 7.13%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $365,000 $365,000 $11,479 7.50%
Steamboat Springs, CO (FHA|USDA|VA) 1 $365,000 $365,000 $11,340 6.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $355,000 $355,000 $10,629 6.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $355,000 $355,000 $4,555 7.13%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $355,000 $355,000 $11,592 7.63%
LOUISVILLE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $4,081 4.75%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $345,000 $345,000 $4,492 4.00%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $335,000 $335,000 $3,019 7.75%
BOISE CITY, ID (FHA|USDA|VA) 1 $325,000 $325,000 $5,093 4.63%
NILES, MI (FHA|USDA|VA) 1 $315,000 $315,000 $8,105 5.75%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $305,000 $305,000 $3,469 5.88%
MIDLAND, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,500 7.50%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $285,000 $285,000 $6,682 4.38%
Boone, NC (FHA|USDA|VA) 1 $285,000 $285,000 $4,477 5.38%
Morehead City, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,523 8.13%
LAWRENCE, KS (FHA|USDA|VA) 1 $255,000 $255,000 $3,640 5.13%
Fernley, NV (FHA|USDA|VA) 1 $255,000 $255,000 $5,000 7.63%
DULUTH, MN-WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,728 6.75%
GAINESVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $8,407 6.25%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $245,000 $245,000 $3,667 5.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $235,000 $235,000 $5,020 4.50%
PITTSBURGH, PA (FHA|USDA|VA) 1 $235,000 $235,000 $10,142 5.88%
Danville, KY (FHA|USDA|VA) 1 $225,000 $225,000 $4,376 5.38%
PROVO-OREM, UT (FHA|USDA|VA) 1 $215,000 $215,000 $11,267 6.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,535 7.38%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $195,000 $195,000 $3,773 6.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $185,000 $185,000 $7,618 8.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $7,055 7.75%
GETTYSBURG, PA (FHA|USDA|VA) 1 $185,000 $185,000 $10,504 4.25%
WICHITA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $3,739 5.25%
BELLINGHAM, WA (FHA|USDA|VA) 1 $175,000 $175,000 $3,457 8.25%
PUEBLO, CO (FHA|USDA|VA) 1 $165,000 $165,000 $3,589 5.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $165,000 $165,000 $2,811 5.00%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $165,000 $165,000 $7,466 5.75%
Lebanon, NH-VT (FHA|USDA|VA) 1 $155,000 $155,000 $5,000 7.13%
Baraboo, WI (FHA|USDA|VA) 1 $155,000 $155,000 $6,994 4.38%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,494 3.25%
Opelousas, LA (FHA|USDA|VA) 2 $150,000 $75,000 $3,812 3.88%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $145,000 $145,000 $4,364 4.25%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $145,000 $145,000 $4,677 9.50%
Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $4,250 6.50%
Moses Lake, WA (FHA|USDA|VA) 1 $125,000 $125,000 $3,899 5.50%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $125,000 $125,000 $4,978 8.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $115,000 $115,000 $4,625 6.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $115,000 $115,000 $4,199 3.50%
Whitewater, WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,973 4.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $105,000 $105,000 $6,109 6.50%
Minden, LA (FHA|USDA|VA) 1 $75,000 $75,000 $5,000 5.25%
Advancial's top markets include Los Angeles, New York, Dallas, San Diego, and San Francisco among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 781 $398,405,000 $510,122 $8,762 5.82%

    For 2022, Advancial's most frequently originated type of loan was Conventional, with 781 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 567 $291,125,000 $513,448 $8,321 6.03%
    Cash Out Refi 133 $84,195,000 $633,045 $11,234 5.35%
    Refi 46 $20,590,000 $447,609 $6,855 4.53%
    Home Improvement 35 $2,495,000 $71,286 $0 5.96%

    For 2022, Advancial's most frequently cited loan purpose was Home Purchase, with 567 originations. The 2nd most popular reason was Cash Out Refi, with 133 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 509 $294,195,000 $577,986 $8,955 5.70%
    15 Year 235 $99,965,000 $425,383 $8,625 6.23%
    20 Year 15 $3,315,000 $221,000 $4,481 3.63%
    10 Year 13 $645,000 $49,615 $3,761 5.87%
    Other 5 $155,000 $31,000 $0 6.26%
    3 Year 2 $50,000 $25,000 $0 4.58%
    5 Year 2 $80,000 $40,000 $0 5.72%

    For 2022, Advancial's most frequently cited loan duration was 30 Year, with 509 originations. The 2nd most popular length was 15 Year, with 235 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 346 $167,290,000 $483,497
    $5k+ 199 $144,515,000 $726,206
    $<1k 67 $14,865,000 $221,866
    $2k-3k 34 $11,420,000 $335,882
    $3k-4k 33 $9,395,000 $284,697
    $4k-5k 20 $7,570,000 $378,500

    Advancial's average total fees were $8,955, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 346 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 189 $97,995,000 $518,492
    6-7% 179 $77,495,000 $432,933
    4-5% 150 $87,110,000 $580,733
    3-4% 90 $52,640,000 $584,889
    7-8% 88 $50,530,000 $574,205
    Over 8% 68 $29,050,000 $427,206
    2.5-3% 12 $2,730,000 $227,500
    <2.5% 5 $855,000 $171,000

    During 2022, Advancial's average interest rate for loans was 5.70%, while their most frequently originated rate bucket for loans was 5-6%, with 189 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 238 $69,160,000 $290,588 $6,356 5.96%
    $100k-200k 156 $23,390,000 $149,936 $5,094 5.69%
    $400k-600k 133 $64,665,000 $486,203 $8,396 6.02%
    $1MM+ 112 $171,860,000 $1,534,464 $17,647 5.78%
    $600k-1MM 87 $65,905,000 $757,529 $11,912 5.53%
    $100,000 or less 55 $3,425,000 $62,273 $4,089 5.65%

    2022 saw Advancial place emphasis on $200k-400k loans with 238 originations, totaling $69,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 263 $238,395,000 $906,445 $12,273 6.03%
    $150k-250k 213 $87,155,000 $409,178 $7,515 5.87%
    $100k-150k 153 $45,875,000 $299,837 $7,090 5.77%
    $75k-100k 72 $15,030,000 $208,750 $5,993 5.50%
    $50k-75k 54 $8,820,000 $163,333 $5,650 5.47%
    $50k or less 26 $3,130,000 $120,385 $4,906 5.21%

    Advancial lent most frequently to those with incomes in the $250k+ range, with 263 originations. The second most popular income band? $150k-250k, with 213 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 180 $80,240,000 $445,778 $7,755 5.66%
    30-36% 180 $91,360,000 $507,556 $8,693 5.73%
    <20% 80 $32,290,000 $403,625 $8,506 5.30%
    42% 47 $28,855,000 $613,936 $9,844 6.43%
    39% 42 $19,170,000 $456,429 $8,951 5.67%
    40% 41 $22,065,000 $538,171 $9,453 5.70%
    41% 36 $26,830,000 $745,278 $9,910 6.15%
    37% 35 $16,875,000 $482,143 $7,026 6.43%
    38% 35 $18,475,000 $527,857 $7,878 5.89%
    36% 26 $18,370,000 $706,538 $11,652 6.08%
    49% 18 $11,450,000 $636,111 $12,360 6.55%
    43% 15 $4,775,000 $318,333 $7,557 5.42%
    47% 13 $6,105,000 $469,615 $8,619 6.12%
    46% 12 $9,300,000 $775,000 $11,235 6.66%
    48% 9 $5,775,000 $641,667 $12,012 6.23%
    44% 7 $4,985,000 $712,143 $8,885 5.59%
    45% 3 $915,000 $305,000 $4,875 5.96%
    50-60% 2 $570,000 $285,000 $5,250 6.94%

    Advancial lent most frequently to those with DTI ratios of 20-30%, with 180 originations. The next most common DTI ratio? 30-36%, with 180 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 514 $257,530,000 $501,031 $8,848 5.92%
    Not provided 173 $95,655,000 $552,919 $8,588 5.59%
    Asian 59 $35,785,000 $606,525 $9,668 5.77%
    Black 32 $8,950,000 $279,688 $6,890 5.68%
    American Indian 3 $485,000 $161,667 $3,752 3.63%

    Approval Rates

    Total approvals of all applications
    94.06%

    Advancial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.51%

    Advancial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 781 $398,405,000 $510,122

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    781 $398,405,000 $510,122

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 55 $23,835,000 $433,364 $10,322 5.42%
    40-60% 126 $61,580,000 $488,730 $8,790 5.46%
    60-80% 461 $250,505,000 $543,395 $8,585 6.06%
    80-100% 110 $60,740,000 $552,182 $8,933 5.33%
    Under 20% 29 $1,745,000 $60,172 $4,548 6.09%