Advancial Mortgage Rates, Fees & Info
Dallas, TXLEI: 549300I1HK1BBZLKOB84
Tax ID: 75-0793299
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Mortgage Data
Review & Overview
Advancial is a smaller mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Advancial has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Los Angeles, Houston, San Francisco, and Lafayette among others. We have data for 138 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. (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 about average 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 |
|---|---|---|
| 30 Year Conventional Purchase | 7.57% | 4/18/24 |
| 30 Year Conventional Refi | 7.14% | 4/18/24 |
| 30 Year Cash-out Refi | 7.23% | 4/18/24 |
| 15 Year Conventional Purchase | 6.07% | 4/18/24 |
| 15 Year Conventional Refi | 5.91% | 4/18/24 |
| 15 Year Cash-out Refi | 5.91% | 4/18/24 |
| 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. | ||
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,155Origination Dollar Volume (All Markets)
$423,635,000Awards
ADVANCIAL - 2020
ADVANCIAL is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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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) | 301 | $77,395,000 | $257,126 | $3,684 | 3.18% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 40 | $37,880,000 | $947,000 | $11,745 | 4.41% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 133 | $36,705,000 | $275,977 | $4,243 | 3.02% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 30 | $33,550,000 | $1,118,333 | $6,334 | 4.30% |
| LAFAYETTE, LA (FHA|USDA|VA) | 130 | $20,390,000 | $156,846 | $3,072 | 3.06% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 16 | $15,660,000 | $978,750 | $5,532 | 4.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 33 | $14,475,000 | $438,636 | $6,759 | 4.85% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 18 | $11,700,000 | $650,000 | $4,412 | 4.30% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 31 | $11,685,000 | $376,935 | $5,485 | 4.60% |
| ANCHORAGE, AK (FHA|USDA|VA) | 34 | $11,280,000 | $331,765 | $3,926 | 3.14% |
| Outside of Metro Areas | 23 | $7,425,000 | $322,826 | $4,169 | 3.43% |
| Heber, UT (FHA|USDA|VA) | 22 | $6,900,000 | $313,636 | $5,139 | 4.96% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 17 | $5,905,000 | $347,353 | $4,550 | 3.24% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 10 | $5,770,000 | $577,000 | $3,794 | 4.66% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $4,605,000 | $1,535,000 | $24,988 | 4.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 18 | $4,570,000 | $253,889 | $3,465 | 3.02% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 12 | $4,570,000 | $380,833 | $4,762 | 3.84% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $4,490,000 | $449,000 | $5,882 | 4.08% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 11 | $4,285,000 | $389,545 | $3,230 | 3.42% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 6 | $4,140,000 | $690,000 | $6,702 | 4.90% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $4,110,000 | $513,750 | $4,965 | 4.86% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 11 | $3,985,000 | $362,273 | $5,888 | 5.00% |
| NAPA, CA (FHA|USDA|VA) | 3 | $3,505,000 | $1,168,333 | $3,560 | 4.50% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 3 | $3,505,000 | $1,168,333 | $11,099 | 4.71% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 7 | $3,355,000 | $479,286 | $3,909 | 3.34% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 5 | $3,145,000 | $629,000 | $3,142 | 3.48% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 13 | $3,055,000 | $235,000 | $3,874 | 3.13% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 3 | $3,045,000 | $1,015,000 | $12,193 | 4.63% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $2,775,000 | $925,000 | $16,589 | 4.08% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $2,735,000 | $547,000 | $5,545 | 3.80% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 5 | $2,685,000 | $537,000 | $4,374 | 3.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $2,585,000 | $517,000 | $5,539 | 3.03% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $2,360,000 | $1,180,000 | $3,196 | 4.06% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $2,030,000 | $1,015,000 | $4,765 | 5.06% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $1,860,000 | $930,000 | $9,168 | 4.19% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $1,805,000 | $1,805,000 | $0 | 4.75% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $1,775,000 | $591,667 | $4,524 | 4.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,770,000 | $442,500 | $5,576 | 4.38% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $1,660,000 | $830,000 | $4,286 | 3.75% |
| Ellensburg, WA (FHA|USDA|VA) | 4 | $1,600,000 | $400,000 | $1,404 | 4.31% |
| Opelousas, LA (FHA|USDA|VA) | 10 | $1,540,000 | $154,000 | $3,810 | 3.07% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $1,475,000 | $1,475,000 | $33,379 | 4.75% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $3,324 | 5.75% |
| BRUNSWICK, GA (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $4,045 | 5.53% |
| TULSA, OK (FHA|USDA|VA) | 4 | $1,380,000 | $345,000 | $4,805 | 4.03% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 6 | $1,300,000 | $216,667 | $4,857 | 3.17% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $0 | 4.13% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $2,330 | 5.31% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $1,220,000 | $610,000 | $6,005 | 4.63% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 8 | $1,140,000 | $142,500 | $2,416 | 5.25% |
| Outside of Metro Areas | 1 | $1,125,000 | $1,125,000 | $0 | 3.38% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $12,823 | 3.50% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $1,035,000 | $1,035,000 | $20,728 | 4.38% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $1,787 | 5.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $3,644 | 5.04% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $4,288 | 5.44% |
| Athens, TX (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $2,814 | 3.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $1,954 | 3.63% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $4,937 | 4.25% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $17,586 | 4.13% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $20,908 | 4.13% |
| MIDLAND, TX (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,098 | 3.29% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $8,584 | 4.50% |
| Durango, CO (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $10,244 | 3.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,791 | 4.63% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $1,317 | 5.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $4,901 | 3.50% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $3,130 | 2.88% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $6,323 | 4.56% |
| BATON ROUGE, LA (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $3,532 | 2.84% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $1,602 | 5.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $6,495 | 4.25% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,454 | 2.81% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,411 | 2.63% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $2,817 | 4.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $1,694 | 5.44% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $4,300 | 2.88% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,595 | 3.06% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 4.38% |
| NILES, MI (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $4,074 | 5.44% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $10,561 | 3.88% |
| SALEM, OR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 3.50% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,631 | 4.63% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,770 | 2.81% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,650 | 4.13% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,357 | 3.69% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,885 | 2.88% |
| TYLER, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,217 | 2.94% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,627 | 3.38% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,378 | 3.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,439 | 5.25% |
| RENO, NV (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,671 | 2.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,354 | 2.88% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,847 | 5.88% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,115 | 3.38% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,473 | 2.81% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,191 | 3.38% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.38% |
| Paris, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,740 | 2.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,499 | 3.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,833 | 3.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,917 | 5.94% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,819 | 2.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,957 | 3.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,362 | 5.25% |
| Taos, NM (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,290 | 3.38% |
| WACO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,574 | 2.50% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,294 | 5.00% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,812 | 2.50% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,680 | 2.38% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,256 | 3.25% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,687 | 5.38% |
| DeRidder, LA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.75% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,968 | 3.88% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,977 | 2.75% |
| Newport, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,426 | 5.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,532 | 3.13% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,499 | 3.13% |
| Levelland, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,931 | 2.50% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,404 | 3.00% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.50% |
| Granbury, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,599 | 2.63% |
| OCALA, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,000 | 2.88% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,726 | 3.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,883 | 2.75% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,741 | 2.75% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,271 | 2.63% |
| Brenham, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.63% |
| Ada, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,124 | 3.63% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,252 | 3.25% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,500 | 2.25% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,292 | 5.63% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,419 | 2.75% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,481 | 2.75% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,552 | 3.13% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,960 | 2.88% |
| Morgan City, LA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 2.38% |
| Durant, OK (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.13% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,155 | $423,635,000 | $366,784 | $4,581 | 3.58% |
For 2020, Advancial's most frequently originated type of loan was Conventional, with 1,155 originations.
Loan Reason
For 2020, Advancial's most frequently cited loan purpose was Refi, with 461 originations. The 2nd most popular reason was Home Purchase, with 391 originations.
Loan Duration/Length
For 2020, Advancial's most frequently cited loan duration was 30 Year, with 758 originations. The 2nd most popular length was 15 Year, with 273 originations.
Origination Fees/Closing Costs
Advancial's average total fees were $4,986, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 534 originations.
Interest Rates
During 2020, Advancial's average interest rate for loans was 3.75%, while their most frequently originated rate bucket for loans was 2.5-3%, with 384 originations.
Loan Sizing
2020 saw Advancial place emphasis on $200k-400k loans with 412 originations, totaling $115,430,000 in origination value.
Applicant Income
Advancial lent most frequently to those with incomes in the $100k-150k range, with 281 originations. The second most popular income band? $150k-250k, with 267 originations.
Applicant Debt to Income Ratio
Advancial lent most frequently to those with DTI ratios of 20-30%, with 361 originations. The next most common DTI ratio? 30-36%, with 192 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.59%
Advancial has an average approval rate.
Pick Rate
Approvals leading to origination83.90%
Advancial has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,155 | $423,635,000 | $366,784 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Advantage Credit, Inc. | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |