Advancial Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300I1HK1BBZLKOB84

Tax ID: 75-0793299

1 stars - Updated: 10/13/24 - out of 5 stars, based on 24 reviews

Latest/2023 | 2022 Data | 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 loans. Advancial has a high proportion of conventional loans. Their top markets by origination volume include: New York, Los Angeles, Dallas, Houston, and Miami among others. We have data for 127 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% 10/13/24
30 Year Conventional Refi 7.14% 10/13/24
30 Year Cash-out Refi 7.23% 10/13/24
15 Year Conventional Purchase 6.07% 10/13/24
15 Year Conventional Refi 5.91% 10/13/24
15 Year Cash-out Refi 5.91% 10/13/24
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

562

Origination Dollar Volume (All Markets)

$240,780,000

Awards

ADVANCIAL 30 Year Conventional Loans bronze
Show all (1) awards

Relative Rate

Advancial's average 30 year fixed mortgage rate was 7.78%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 1.3%.

Relative Fees (Closing Costs)

Advancial's average total fees/closing costs for a 30 year fixed rate mortgage were $11,867.

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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 42 $21,420,000 $510,000 $13,396 8.13%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 18 $17,440,000 $968,889 $21,347 7.58%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 54 $17,230,000 $319,074 $8,058 7.35%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 40 $12,820,000 $320,500 $8,735 7.30%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 26 $12,000,000 $461,538 $12,093 8.32%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 10 $11,270,000 $1,127,000 $22,291 7.91%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 17 $10,375,000 $610,294 $13,546 8.08%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $6,515,000 $1,303,000 $37,022 7.40%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $6,070,000 $505,833 $14,343 8.09%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 16 $5,060,000 $316,250 $10,001 8.15%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $5,015,000 $1,003,000 $18,681 7.85%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 9 $4,945,000 $549,444 $9,906 8.69%
Heber, UT (FHA|USDA|VA) 7 $4,655,000 $665,000 $12,765 8.04%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 10 $4,160,000 $416,000 $12,572 8.63%
LAFAYETTE, LA (FHA|USDA|VA) 38 $3,970,000 $104,474 $4,339 7.07%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 7 $3,965,000 $566,429 $10,816 8.14%
Outside of Metro Areas 21 $3,615,000 $172,143 $7,192 8.27%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $3,430,000 $1,715,000 $33,713 7.94%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $3,365,000 $373,889 $10,155 8.53%
PANAMA CITY, FL (FHA|USDA|VA) 11 $3,255,000 $295,909 $7,900 8.53%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $2,985,000 $597,000 $18,423 8.08%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $2,805,000 $561,000 $7,504 7.95%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $2,650,000 $165,625 $6,555 8.83%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $2,610,000 $1,305,000 $19,784 8.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $2,460,000 $1,230,000 $23,591 7.19%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $2,380,000 $1,190,000 $13,996 8.19%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $2,220,000 $555,000 $9,320 8.03%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $2,220,000 $555,000 $17,179 8.22%
LAREDO, TX (FHA|USDA|VA) 3 $2,185,000 $728,333 $10,863 7.92%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $2,180,000 $1,090,000 $10,250 8.06%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $2,055,000 $228,333 $9,421 8.22%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,950,000 $975,000 $21,339 8.19%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $1,925,000 $1,925,000 $33,322 7.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,910,000 $955,000 $28,370 8.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $1,820,000 $455,000 $12,950 8.19%
BOULDER, CO (FHA|USDA|VA) 2 $1,720,000 $860,000 $7,551 8.38%
Traverse City, MI (FHA|USDA|VA) 1 $1,685,000 $1,685,000 $8,101 8.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,660,000 $830,000 $5,068 8.38%
PITTSBURGH, PA (FHA|USDA|VA) 4 $1,590,000 $397,500 $5,765 8.38%
Durango, CO (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $26,384 7.88%
Kalispell, MT (FHA|USDA|VA) 2 $1,430,000 $715,000 $27,459 8.69%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $1,390,000 $695,000 $16,460 7.44%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,260,000 $630,000 $14,961 7.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $1,170,000 $585,000 $6,842 7.69%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $1,150,000 $575,000 $16,387 7.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,110,000 $277,500 $9,284 8.31%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 6 $1,030,000 $171,667 $7,616 8.63%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,858 8.38%
REDDING, CA (FHA|USDA|VA) 1 $985,000 $985,000 $6,375 9.38%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $855,000 $285,000 $53,098 7.83%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $845,000 $281,667 $10,221 8.42%
PROVO-OREM, UT (FHA|USDA|VA) 2 $840,000 $420,000 $13,317 6.81%
Athens, TX (FHA|USDA|VA) 2 $800,000 $400,000 $6,276 8.31%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $775,000 $258,333 $5,776 7.58%
NAPA, CA (FHA|USDA|VA) 1 $765,000 $765,000 $17,296 9.75%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $745,000 $248,333 $9,981 7.88%
Hilo, HI (FHA|USDA|VA) 2 $680,000 $340,000 $17,998 7.94%
ST. GEORGE, UT (FHA|USDA|VA) 2 $660,000 $330,000 $4,019 6.56%
Brookings, OR (FHA|USDA|VA) 1 $605,000 $605,000 $21,149 7.00%
Outside of Metro Areas 1 $605,000 $605,000 $13,485 7.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $600,000 $300,000 $5,638 8.06%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $505,000 $505,000 $3,934 8.50%
WENATCHEE, WA (FHA|USDA|VA) 2 $500,000 $250,000 $16,714 8.69%
Kapaa, HI (FHA|USDA|VA) 1 $495,000 $495,000 $16,586 8.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $495,000 $495,000 $0 7.00%
LOGAN, UT-ID (FHA|USDA|VA) 1 $495,000 $495,000 $4,110 6.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $495,000 $165,000 $9,348 8.00%
WICHITA, KS (FHA|USDA|VA) 2 $490,000 $245,000 $6,344 7.12%
OCALA, FL (FHA|USDA|VA) 1 $485,000 $485,000 $10,000 6.88%
SANTA FE, NM (FHA|USDA|VA) 2 $480,000 $240,000 $6,520 6.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $475,000 $475,000 $6,316 6.99%
ANCHORAGE, AK (FHA|USDA|VA) 5 $465,000 $93,000 $0 6.82%
TYLER, TX (FHA|USDA|VA) 2 $460,000 $230,000 $4,360 6.63%
Sevierville, TN (FHA|USDA|VA) 1 $455,000 $455,000 $12,884 9.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $435,000 $435,000 $13,231 7.13%
GREELEY, CO (FHA|USDA|VA) 1 $425,000 $425,000 $0 8.13%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $415,000 $138,333 $7,806 8.83%
Ellensburg, WA (FHA|USDA|VA) 1 $395,000 $395,000 $4,800 8.75%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $375,000 $375,000 $12,098 6.75%
PITTSFIELD, MA (FHA|USDA|VA) 1 $355,000 $355,000 $10,000 8.25%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $11,053 6.25%
Bozeman, MT (FHA|USDA|VA) 1 $345,000 $345,000 $13,746 8.88%
Mount Pleasant, TX (FHA|USDA|VA) 2 $340,000 $170,000 $5,662 6.31%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $335,000 $335,000 $12,902 8.38%
DOVER, DE (FHA|USDA|VA) 1 $325,000 $325,000 $6,150 6.13%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $325,000 $325,000 $11,402 7.75%
Salem, OH (FHA|USDA|VA) 1 $305,000 $305,000 $5,051 9.63%
BEND, OR (FHA|USDA|VA) 1 $305,000 $305,000 $11,483 8.50%
FORT COLLINS, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,936 9.63%
APPLETON, WI (FHA|USDA|VA) 1 $295,000 $295,000 $4,103 8.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $290,000 $145,000 $6,778 8.44%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $290,000 $145,000 $5,199 9.94%
GAINESVILLE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $14,794 7.63%
FRESNO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $8,611 10.00%
Plainview, TX (FHA|USDA|VA) 1 $275,000 $275,000 $5,112 6.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $250,000 $125,000 $4,266 9.38%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $245,000 $245,000 $4,447 7.63%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $245,000 $245,000 $0 10.63%
Shelton, WA (FHA|USDA|VA) 1 $245,000 $245,000 $8,000 7.75%
WACO, TX (FHA|USDA|VA) 1 $235,000 $235,000 $5,110 5.88%
Centralia, WA (FHA|USDA|VA) 1 $225,000 $225,000 $8,144 7.88%
Taos, NM (FHA|USDA|VA) 1 $205,000 $205,000 $3,861 8.75%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $205,000 $205,000 $7,418 7.38%
Liberal, KS (FHA|USDA|VA) 1 $205,000 $205,000 $3,106 5.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,475 6.50%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $205,000 $205,000 $3,992 8.13%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $175,000 $175,000 $3,109 8.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $170,000 $85,000 $7,236 7.56%
KANKAKEE, IL (FHA|USDA|VA) 1 $165,000 $165,000 $7,714 8.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $155,000 $155,000 $6,884 7.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $155,000 $155,000 $6,683 8.88%
Barre, VT (FHA|USDA|VA) 1 $155,000 $155,000 $4,934 8.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $145,000 $145,000 $7,029 9.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $145,000 $145,000 $4,766 6.00%
Aberdeen, WA (FHA|USDA|VA) 1 $135,000 $135,000 $5,461 9.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $6,189 7.63%
COLUMBUS, OH (FHA|USDA|VA) 1 $125,000 $125,000 $7,453 8.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $7,997 8.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $115,000 $115,000 $4,000 7.88%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $105,000 $105,000 $4,248 9.25%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $95,000 $95,000 $3,364 6.13%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $95,000 $95,000 $5,772 9.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $95,000 $95,000 $6,182 8.50%
Elizabeth City, NC (FHA|USDA|VA) 1 $85,000 $85,000 $3,600 6.75%
Brenham, TX (FHA|USDA|VA) 1 $85,000 $85,000 $6,874 7.50%
EL PASO, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.75%
Opelousas, LA (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.10%
Advancial's top markets include New York, Los Angeles, Dallas, Houston, and Miami among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 562 $240,780,000 $428,434 $11,408 7.91%

    For 2023, Advancial's most frequently originated type of loan was Conventional, with 562 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 417 $186,345,000 $446,871 $11,028 7.93%
    Cash Out Refi 84 $42,850,000 $510,119 $12,749 8.24%
    Home Improvement 35 $2,195,000 $62,714 $0 7.41%
    Refi 26 $9,390,000 $361,154 $15,082 7.16%

    For 2023, Advancial's most frequently cited loan purpose was Home Purchase, with 417 originations. The 2nd most popular reason was Cash Out Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 400 $195,980,000 $489,950 $11,867 7.78%
    15 Year 130 $43,380,000 $333,692 $9,872 8.44%
    10 Year 17 $895,000 $52,647 $0 7.30%
    Other 11 $325,000 $29,545 $3,684 7.42%
    3 Year 2 $130,000 $65,000 $0 7.81%
    5 Year 2 $70,000 $35,000 $0 7.01%

    For 2023, Advancial's most frequently cited loan duration was 30 Year, with 400 originations. The 2nd most popular length was 15 Year, with 130 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 210 $134,410,000 $640,048
    $1k-2k 136 $54,060,000 $397,500
    $<1k 55 $4,495,000 $81,727
    $3k-4k 37 $5,425,000 $146,622
    $4k-5k 34 $6,790,000 $199,706
    $2k-3k 21 $5,865,000 $279,286

    Advancial's average total fees were $11,867, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 210 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 247 $91,395,000 $370,020
    7-8% 188 $108,700,000 $578,191
    6-7% 111 $37,195,000 $335,090
    5-6% 16 $3,490,000 $218,125

    During 2023, Advancial's average interest rate for loans was 7.78%, while their most frequently originated rate bucket for loans was Over 8%, with 247 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 176 $50,470,000 $286,761 $9,172 7.88%
    $100k-200k 145 $20,965,000 $144,586 $6,367 8.08%
    $400k-600k 74 $35,110,000 $474,459 $11,008 7.87%
    $1MM+ 67 $97,745,000 $1,458,881 $26,121 7.83%
    $100,000 or less 56 $3,230,000 $57,679 $5,410 7.66%
    $600k-1MM 44 $33,260,000 $755,909 $16,068 7.94%

    2023 saw Advancial place emphasis on $200k-400k loans with 176 originations, totaling $50,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 167 $138,775,000 $830,988 $16,931 8.07%
    $150k-250k 158 $52,340,000 $331,266 $9,514 7.98%
    $100k-150k 116 $29,290,000 $252,500 $10,276 7.81%
    $50k-75k 53 $8,565,000 $161,604 $6,276 7.79%
    $75k-100k 53 $10,015,000 $188,962 $6,820 7.74%
    $50k or less 15 $1,795,000 $119,667 $5,562 7.10%

    Advancial lent most frequently to those with incomes in the $250k+ range, with 167 originations. The second most popular income band? $150k-250k, with 158 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 132 $53,860,000 $408,030 $10,879 7.97%
    20-30% 104 $31,600,000 $303,846 $7,835 7.80%
    <20% 55 $17,755,000 $322,818 $9,451 7.66%
    42% 45 $21,595,000 $479,889 $12,656 8.13%
    39% 34 $12,740,000 $374,706 $11,851 8.23%
    41% 31 $16,875,000 $544,355 $14,310 7.95%
    38% 27 $10,645,000 $394,259 $9,886 8.11%
    40% 25 $14,215,000 $568,600 $14,550 7.91%
    49% 22 $17,750,000 $806,818 $14,411 7.86%
    37% 21 $11,495,000 $547,381 $19,940 7.58%
    36% 18 $6,630,000 $368,333 $10,168 7.91%
    47% 10 $8,090,000 $809,000 $18,515 7.91%
    46% 10 $4,610,000 $461,000 $5,846 7.50%
    43% 8 $2,920,000 $365,000 $9,255 7.59%
    45% 8 $2,080,000 $260,000 $7,853 7.69%
    48% 7 $3,885,000 $555,000 $16,807 8.16%
    44% 3 $1,755,000 $585,000 $19,337 8.71%
    50-60% 1 $425,000 $425,000 $0 8.13%
    >60% 1 $1,855,000 $1,855,000 $15,000 8.00%

    Advancial lent most frequently to those with DTI ratios of 30-36%, with 132 originations. The next most common DTI ratio? 20-30%, with 104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 387 $155,395,000 $401,537 $11,021 7.94%
    Not provided 109 $54,915,000 $503,807 $12,693 7.72%
    Asian 34 $19,290,000 $567,353 $11,755 8.27%
    Black 27 $6,855,000 $253,889 $7,053 7.81%
    American Indian 4 $3,920,000 $980,000 $33,612 7.96%
    Native Hawaiian or Islander 1 $405,000 $405,000 $17,998 7.50%

    Approval Rates

    Total approvals of all applications
    93.43%

    Advancial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.47%

    Advancial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 562 $240,780,000 $428,434

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    562 $240,780,000 $428,434

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 67 $15,465,000 $230,821 $8,820 7.63%
    40-60% 86 $37,400,000 $434,884 $11,256 7.97%
    60-80% 307 $145,015,000 $472,362 $11,943 8.17%
    80-100% 72 $40,020,000 $555,833 $10,911 7.20%
    Under 20% 30 $2,880,000 $96,000 $12,131 7.39%