Advancial Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300I1HK1BBZLKOB84

Tax ID: 75-0793299

1.1 stars - out of 5 stars, based on 33 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • 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: Dallas, Houston, New York, Los Angeles, and San Francisco among others. We have data for 163 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 an average fee lender. 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 in 2021-- chances are they are still one in 2022.

    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 6.63% 8/6/22
    30 Year Conventional Refi 5.69% 8/6/22
    30 Year Cash-out Refi 6.07% 8/6/22
    15 Year Conventional Purchase 4.57% 8/6/22
    15 Year Conventional Refi 4.47% 8/6/22
    15 Year Cash-out Refi 4.47% 8/6/22
    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.


    Originations

    1,070

    Origination Dollar Volume (All Markets)

    $400,160,000

    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 rate mortgage of loans were 3.84%.

    The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

    This yields a difference of 0.69%.

    Relative Fees

    Advancial's average total fees for a 30 year fixed rate mortgage are $6,529.

    The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 192 $46,520,000 $242,292 $4,124 3.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 132 $37,840,000 $286,667 $5,033 2.96%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) » 51 $28,705,000 $562,843 $9,106 4.58%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) » 26 $24,770,000 $952,692 $11,548 4.24%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) » 15 $19,255,000 $1,283,667 $23,217 3.99%
    LAFAYETTE, LA (FHA|USDA|VA) » 102 $14,930,000 $146,373 $3,638 2.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) » 13 $12,285,000 $945,000 $5,362 4.26%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) » 17 $12,265,000 $721,471 $9,983 4.24%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) » 26 $11,930,000 $458,846 $8,926 4.93%
    Outside of Metro Areas 35 $10,125,000 $289,286 $4,405 3.38%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) » 10 $9,900,000 $990,000 $13,371 4.10%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) » 11 $9,305,000 $845,909 $13,825 4.16%
    ANCHORAGE, AK (FHA|USDA|VA) » 27 $6,655,000 $246,481 $3,985 2.82%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) » 13 $6,375,000 $490,385 $6,271 3.39%
    Heber, UT (FHA|USDA|VA) » 16 $6,220,000 $388,750 $7,530 5.11%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) » 9 $5,705,000 $633,889 $7,671 4.97%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) » 6 $5,600,000 $933,333 $6,234 5.15%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) » 11 $5,285,000 $480,455 $5,352 4.78%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) » 15 $4,955,000 $330,333 $5,700 3.78%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) » 10 $3,960,000 $396,000 $8,210 5.10%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) » 9 $3,935,000 $437,222 $8,800 4.75%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) » 7 $3,815,000 $545,000 $6,494 3.70%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) » 10 $3,400,000 $340,000 $5,506 4.59%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) » 10 $3,310,000 $331,000 $8,669 3.81%
    BEND, OR (FHA|USDA|VA) » 4 $3,290,000 $822,500 $17,494 4.72%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) » 4 $3,000,000 $750,000 $4,239 4.63%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) » 3 $2,995,000 $998,333 $4,390 4.33%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) » 9 $2,845,000 $316,111 $4,545 4.68%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) » 3 $2,715,000 $905,000 $14,152 4.92%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) » 4 $2,530,000 $632,500 $9,931 4.00%
    NAPA, CA (FHA|USDA|VA) » 2 $2,400,000 $1,200,000 $5,334 4.63%
    OKLAHOMA CITY, OK (FHA|USDA|VA) » 13 $2,335,000 $179,615 $3,987 3.02%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) » 7 $2,185,000 $312,143 $7,626 3.43%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) » 3 $2,085,000 $695,000 $6,625 4.67%
    PANAMA CITY, FL (FHA|USDA|VA) » 7 $1,975,000 $282,143 $5,920 5.07%
    BOULDER, CO (FHA|USDA|VA) » 2 $1,760,000 $880,000 $5,067 4.63%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) » 3 $1,725,000 $575,000 $8,571 4.46%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 4 $1,630,000 $407,500 $5,120 4.09%
    Ellensburg, WA (FHA|USDA|VA) » 3 $1,605,000 $535,000 $5,215 4.88%
    Opelousas, LA (FHA|USDA|VA) » 11 $1,515,000 $137,727 $3,449 2.58%
    SANTA FE, NM (FHA|USDA|VA) » 2 $1,510,000 $755,000 $7,493 4.69%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 3 $1,475,000 $491,667 $3,998 3.17%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) » 2 $1,400,000 $700,000 $4,606 4.69%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) » 4 $1,400,000 $350,000 $5,808 5.84%
    PORT ST. LUCIE, FL (FHA|USDA|VA) » 4 $1,400,000 $350,000 $7,853 4.81%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 4 $1,300,000 $325,000 $5,535 3.34%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) » 4 $1,280,000 $320,000 $4,646 4.25%
    PUNTA GORDA, FL (FHA|USDA|VA) » 1 $1,275,000 $1,275,000 $3,500 5.38%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 8 $1,240,000 $155,000 $3,726 5.39%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) » 2 $1,230,000 $615,000 $15,157 2.81%
    MODESTO, CA (FHA|USDA|VA) » 1 $1,205,000 $1,205,000 $3,000 4.00%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) » 3 $1,195,000 $398,333 $10,751 4.46%
    STOCKTON, CA (FHA|USDA|VA) » 2 $1,170,000 $585,000 $4,580 4.56%
    Hilo, HI (FHA|USDA|VA) » 2 $1,140,000 $570,000 $5,366 4.81%
    Athens, TX (FHA|USDA|VA) » 5 $1,095,000 $219,000 $3,993 2.70%
    Outside of Metro Areas 1 $1,095,000 $1,095,000 $31,367 3.38%
    Sandpoint, ID (FHA|USDA|VA) » 1 $1,075,000 $1,075,000 $7,437 4.13%
    RALEIGH-CARY, NC (FHA|USDA|VA) » 3 $1,045,000 $348,333 $3,693 3.92%
    URBAN HONOLULU, HI (FHA|USDA|VA) » 2 $1,030,000 $515,000 $11,954 3.69%
    TYLER, TX (FHA|USDA|VA) » 4 $1,020,000 $255,000 $4,271 2.97%
    COLUMBIA, MO (FHA|USDA|VA) » 7 $995,000 $142,143 $2,815 3.00%
    FLAGSTAFF, AZ (FHA|USDA|VA) » 2 $990,000 $495,000 $4,055 4.94%
    CORPUS CHRISTI, TX (FHA|USDA|VA) » 3 $975,000 $325,000 $5,867 5.21%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) » 3 $955,000 $318,333 $5,070 6.04%
    SALISBURY, MD-DE (FHA|USDA|VA) » 3 $935,000 $311,667 $8,126 5.21%
    ST. LOUIS, MO-IL (FHA|USDA|VA) » 1 $915,000 $915,000 $5,189 4.25%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) » 2 $910,000 $455,000 $4,061 2.94%
    WENATCHEE, WA (FHA|USDA|VA) » 3 $885,000 $295,000 $3,421 5.50%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) » 3 $885,000 $295,000 $6,104 3.58%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) » 1 $875,000 $875,000 $16,592 3.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) » 2 $870,000 $435,000 $3,545 3.44%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) » 2 $800,000 $400,000 $3,875 5.00%
    BATON ROUGE, LA (FHA|USDA|VA) » 3 $785,000 $261,667 $3,757 3.08%
    MIDLAND, TX (FHA|USDA|VA) » 2 $780,000 $390,000 $7,711 3.31%
    Kapaa, HI (FHA|USDA|VA) » 2 $770,000 $385,000 $5,956 5.44%
    Granbury, TX (FHA|USDA|VA) » 2 $720,000 $360,000 $5,029 2.94%
    BOISE CITY, ID (FHA|USDA|VA) » 2 $720,000 $360,000 $5,181 3.81%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) » 1 $705,000 $705,000 $5,035 4.75%
    Durango, CO (FHA|USDA|VA) » 2 $700,000 $350,000 $4,595 4.19%
    Elko, NV (FHA|USDA|VA) » 2 $670,000 $335,000 $3,579 2.44%
    Breckenridge, CO (FHA|USDA|VA) » 1 $665,000 $665,000 $3,994 5.63%
    JACKSONVILLE, FL (FHA|USDA|VA) » 2 $640,000 $320,000 $11,886 4.56%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) » 3 $625,000 $208,333 $4,976 5.34%
    COLORADO SPRINGS, CO (FHA|USDA|VA) » 2 $620,000 $310,000 $3,601 3.13%
    Hudson, NY (FHA|USDA|VA) » 1 $615,000 $615,000 $8,305 4.13%
    YUBA CITY, CA (FHA|USDA|VA) » 1 $615,000 $615,000 $4,709 5.13%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) » 2 $600,000 $300,000 $3,408 3.00%
    COLUMBUS, OH (FHA|USDA|VA) » 1 $575,000 $575,000 $0 4.50%
    TUCSON, AZ (FHA|USDA|VA) » 3 $555,000 $185,000 $3,151 3.58%
    MEDFORD, OR (FHA|USDA|VA) » 1 $545,000 $545,000 $5,149 2.75%
    Montrose, CO (FHA|USDA|VA) » 1 $535,000 $535,000 $3,000 4.50%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) » 1 $525,000 $525,000 $19,951 3.38%
    WORCESTER, MA-CT (FHA|USDA|VA) » 1 $525,000 $525,000 $15,276 3.63%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) » 2 $500,000 $250,000 $3,563 4.38%
    LEWISTON, ID-WA (FHA|USDA|VA) » 1 $475,000 $475,000 $3,500 3.13%
    DeRidder, LA (FHA|USDA|VA) » 3 $475,000 $158,333 $3,745 2.67%
    Paris, TX (FHA|USDA|VA) » 2 $440,000 $220,000 $3,666 3.00%
    Brenham, TX (FHA|USDA|VA) » 2 $430,000 $215,000 $4,824 2.63%
    Taos, NM (FHA|USDA|VA) » 1 $425,000 $425,000 $2,975 4.88%
    Carlsbad-Artesia, NM (FHA|USDA|VA) » 1 $415,000 $415,000 $4,610 3.50%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) » 2 $410,000 $205,000 $3,500 4.00%
    Key West, FL (FHA|USDA|VA) » 1 $405,000 $405,000 $15,795 5.63%
    Laurel, MS (FHA|USDA|VA) » 2 $400,000 $200,000 $3,519 2.38%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) » 1 $395,000 $395,000 $13,534 4.88%
    MONROE, LA (FHA|USDA|VA) » 2 $390,000 $195,000 $4,923 2.63%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) » 1 $385,000 $385,000 $3,867 2.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) » 3 $385,000 $128,333 $3,108 3.17%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) » 3 $365,000 $121,667 $3,949 2.83%
    WINCHESTER, VA-WV (FHA|USDA|VA) » 1 $365,000 $365,000 $5,157 3.38%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) » 1 $355,000 $355,000 $3,821 3.25%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) » 2 $350,000 $175,000 $5,139 4.88%
    Truckee-Grass Valley, CA (FHA|USDA|VA) » 1 $345,000 $345,000 $3,414 4.13%
    GAINESVILLE, GA (FHA|USDA|VA) » 1 $335,000 $335,000 $14,083 3.13%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) » 1 $325,000 $325,000 $2,300 2.88%
    EAST STROUDSBURG, PA (FHA|USDA|VA) » 1 $325,000 $325,000 $3,000 4.88%
    WACO, TX (FHA|USDA|VA) » 2 $320,000 $160,000 $4,012 3.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) » 2 $310,000 $155,000 $3,387 5.81%
    Sevierville, TN (FHA|USDA|VA) » 1 $295,000 $295,000 $3,556 5.63%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) » 2 $290,000 $145,000 $3,920 3.00%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) » 1 $285,000 $285,000 $3,466 4.38%
    STAUNTON, VA (FHA|USDA|VA) » 1 $275,000 $275,000 $4,209 2.88%
    Kill Devil Hills, NC (FHA|USDA|VA) » 1 $265,000 $265,000 $4,048 5.13%
    FARGO, ND-MN (FHA|USDA|VA) » 1 $245,000 $245,000 $3,269 3.38%
    AKRON, OH (FHA|USDA|VA) » 1 $245,000 $245,000 $3,843 3.00%
    Bonham, TX (FHA|USDA|VA) » 1 $235,000 $235,000 $5,423 2.88%
    Shelton, WA (FHA|USDA|VA) » 1 $235,000 $235,000 $4,450 4.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) » 1 $235,000 $235,000 $4,127 5.25%
    Corsicana, TX (FHA|USDA|VA) » 1 $225,000 $225,000 $4,597 3.50%
    COLUMBIA, SC (FHA|USDA|VA) » 1 $215,000 $215,000 $3,358 2.88%
    DALTON, GA (FHA|USDA|VA) » 1 $215,000 $215,000 $4,204 3.13%
    CHEYENNE, WY (FHA|USDA|VA) » 1 $215,000 $215,000 $3,217 4.38%
    LAKE CHARLES, LA (FHA|USDA|VA) » 1 $215,000 $215,000 $0 4.63%
    Rockport, TX (FHA|USDA|VA) » 1 $215,000 $215,000 $3,759 2.25%
    Morgan City, LA (FHA|USDA|VA) » 2 $210,000 $105,000 $3,460 2.75%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) » 1 $205,000 $205,000 $2,854 3.25%
    CASPER, WY (FHA|USDA|VA) » 1 $195,000 $195,000 $2,043 2.88%
    NILES, MI (FHA|USDA|VA) » 1 $195,000 $195,000 $4,190 5.38%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) » 2 $190,000 $95,000 $3,949 3.84%
    PROVO-OREM, UT (FHA|USDA|VA) » 1 $175,000 $175,000 $3,411 3.88%
    CORVALLIS, OR (FHA|USDA|VA) » 1 $175,000 $175,000 $2,808 2.38%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) » 1 $175,000 $175,000 $4,051 4.50%
    WICHITA, KS (FHA|USDA|VA) » 2 $170,000 $85,000 $3,259 4.38%
    SAN ANGELO, TX (FHA|USDA|VA) » 1 $155,000 $155,000 $3,526 2.63%
    TALLAHASSEE, FL (FHA|USDA|VA) » 1 $155,000 $155,000 $3,570 2.63%
    ABILENE, TX (FHA|USDA|VA) » 1 $145,000 $145,000 $3,956 3.50%
    BRUNSWICK, GA (FHA|USDA|VA) » 1 $145,000 $145,000 $5,696 5.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) » 1 $145,000 $145,000 $6,998 3.38%
    RENO, NV (FHA|USDA|VA) » 1 $145,000 $145,000 $4,215 4.75%
    Mineral Wells, TX (FHA|USDA|VA) » 1 $145,000 $145,000 $4,650 3.25%
    Coos Bay, OR (FHA|USDA|VA) » 1 $135,000 $135,000 $3,541 3.25%
    Branson, MO (FHA|USDA|VA) » 1 $135,000 $135,000 $2,888 4.63%
    MISSOULA, MT (FHA|USDA|VA) » 1 $135,000 $135,000 $3,844 4.88%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) » 1 $125,000 $125,000 $7,066 3.38%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) » 1 $125,000 $125,000 $3,756 2.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 1 $125,000 $125,000 $3,388 2.88%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) » 1 $115,000 $115,000 $2,765 5.50%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) » 1 $115,000 $115,000 $0 3.50%
    WICHITA FALLS, TX (FHA|USDA|VA) » 1 $115,000 $115,000 $3,767 2.88%
    Okeechobee, FL (FHA|USDA|VA) » 1 $95,000 $95,000 $6,226 5.00%
    North Platte, NE (FHA|USDA|VA) » 1 $95,000 $95,000 $2,885 2.25%
    ALBUQUERQUE, NM (FHA|USDA|VA) » 1 $75,000 $75,000 $3,926 5.88%
    MOBILE, AL (FHA|USDA|VA) » 1 $75,000 $75,000 $3,162 3.00%
    Durant, OK (FHA|USDA|VA) » 1 $45,000 $45,000 $3,782 3.00%

    Advancial's top markets include Dallas, Houston, New York, Los Angeles, and San Francisco among others.

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    Conventional » 1,070 $400,160,000 $373,981 $5,960 3.63%

    For the 2021 period, Advancial's most frequently originated loan type of loans were Conventional, with 1,070 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Home Purchase » 497 $226,375,000 $455,483 $7,177 4.09%
    Refi » 283 $65,895,000 $232,845 $3,784 2.88%
    Cash Out Refi » 276 $107,370,000 $389,022 $6,000 3.51%
    Home Improvement » 14 $520,000 $37,143 $0 4.77%

    For the 2021, Advancial's most frequently cited loan purpose of loans were Home Purchase, with 497 originations. The 2nd most popular reason of loans were Refi, with 283 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year » 715 $315,135,000 $440,748 $6,529 3.84%
    15 Year » 247 $65,495,000 $265,162 $5,075 3.35%
    20 Year » 60 $11,740,000 $195,667 $3,906 2.77%
    10 Year » 26 $4,050,000 $155,769 $3,963 2.95%
    Other » 18 $3,660,000 $203,333 $3,756 3.01%
    3 Year » 2 $50,000 $25,000 $0 4.50%
    5 Year » 2 $30,000 $15,000 $0 5.21%

    For the 2021, Advancial's most frequently cited loan length of loans were 30 Year, with 715 originations. The 2nd most popular length of loans were 15 Year, with 247 originations.

    Origination Fees

    Origination Fee Originations Total Value Average Loan
    $1k-2k » 518 $171,150,000 $330,405
    $<1k » 248 $67,760,000 $273,226
    $5k+ » 99 $76,865,000 $776,414
    $2k-3k » 43 $12,275,000 $285,465
    $3k-4k » 21 $6,365,000 $303,095
    $4k-5k » 17 $6,885,000 $405,000

    $6,529 of loans were Advancial's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 518 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% » 278 $132,890,000 $478,022
    2.5-3% » 249 $59,235,000 $237,892
    4-5% » 219 $124,395,000 $568,014
    <2.5% » 173 $30,665,000 $177,254
    5-6% » 136 $48,430,000 $356,103
    6-7% » 15 $4,545,000 $303,000

    During 2021, Advancial's average interest rate of loans were 3.84%, while their most frequently originated rate bucket of loans were 3-4%, with 278 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k » 367 $104,795,000 $285,545 $4,846 3.59%
    $100k-200k » 325 $48,145,000 $148,138 $3,814 3.30%
    $400k-600k » 130 $62,390,000 $479,923 $7,222 3.92%
    $100,000 or less » 87 $6,255,000 $71,897 $3,352 3.40%
    $600k-1MM » 86 $66,500,000 $773,256 $10,578 4.35%
    $1MM+ » 75 $112,075,000 $1,494,333 $15,824 4.23%

    2021 saw Advancial place emphasis on $200k-400k loans with 367 originations, totaling $104,795,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k » 276 $101,230,000 $366,775 $6,299 3.79%
    $250k+ » 216 $162,760,000 $753,519 $9,310 4.18%
    $100k-150k » 214 $55,770,000 $260,607 $4,708 3.28%
    $75k-100k » 140 $29,860,000 $213,286 $4,572 3.43%
    $50k-75k » 135 $24,275,000 $179,815 $4,007 3.27%
    $50k or less » 89 $26,265,000 $295,112 $4,940 3.51%

    Advancial lent most frequently to those with incomes in the $150k-250k range, with 276 originations. The second most popular income band? $250k+, with 216 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% » 252 $82,310,000 $326,627 $5,452 3.61%
    30-36% » 220 $88,390,000 $401,773 $6,170 3.79%
    <20% » 176 $51,210,000 $290,966 $5,224 3.36%
    42% » 70 $38,450,000 $549,286 $7,244 4.13%
    41% » 48 $21,790,000 $453,958 $7,095 4.05%
    40% » 47 $18,505,000 $393,723 $6,704 3.74%
    38% » 46 $21,390,000 $465,000 $6,625 3.86%
    37% » 37 $17,365,000 $469,324 $7,105 3.83%
    36% » 37 $10,065,000 $272,027 $5,795 3.64%
    39% » 32 $20,530,000 $641,563 $9,432 3.83%
    44% » 24 $7,890,000 $328,750 $5,524 3.11%
    43% » 23 $8,555,000 $371,957 $4,276 3.22%
    49% » 14 $3,500,000 $250,000 $3,976 2.95%
    47% » 12 $2,700,000 $225,000 $4,233 3.25%
    46% » 11 $2,455,000 $223,182 $4,096 2.95%
    48% » 8 $1,570,000 $196,250 $3,654 2.64%
    45% » 7 $1,275,000 $182,143 $4,391 2.50%
    50-60% » 4 $1,520,000 $380,000 $3,030 3.16%
    >60% » 2 $690,000 $345,000 $3,500 3.19%

    Advancial lent most frequently to those with DTI ratios of 20-30%, with 252 originations. The next most common DTI ratio? 30-36%, with 220 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 613 $237,405,000 $387,284 $5,957 3.78%
    Not provided » 343 $118,845,000 $346,487 $5,841 3.39%
    Asian » 40 $24,100,000 $602,500 $8,521 3.89%
    Black » 66 $16,440,000 $249,091 $4,658 3.39%
    Native Hawaiian or Islander » 2 $2,130,000 $1,065,000 $28,027 4.81%
    American Indian » 6 $1,240,000 $206,667 $5,008 2.85%

    Approval Rates

    Total approvals of all applications
    95.57%

    Advancial 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
    83.36%

    Advancial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,070 $400,160,000 $373,981

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 1,070 $400,160,000 $373,981

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% » 93 $23,705,000 $254,892 $5,002 3.20%
    40-60% » 239 $77,415,000 $323,912 $5,122 3.42%
    60-80% » 527 $223,945,000 $424,943 $6,604 3.89%
    80-100% » 190 $72,170,000 $379,842 $5,576 3.32%
    Under 20% » 21 $2,925,000 $139,286 $7,228 4.32%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Advantage Credit, Inc. Conventional home mortgage Trouble during payment process 1 100.0%