Loanleaders Of America Mortgage Rates, Fees & Info
IRVINE, CALEI: 549300I43FC7P0IJMR13
Tax ID: 33-0842784
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Loanleaders Of America is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. They have a a high proportion of FHA loans. Loanleaders Of America has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Atlanta, New York, and Seattle among others. We have data for 94 markets. (Some data included below & more in-depth data is available with an active subscription.)Loanleaders Of America 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. Loanleaders Of America 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 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.
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 | 7.17% | 9/25/23 |
| 30 Year Conventional Refi | 6.63% | 9/25/23 |
| 30 Year Cash-out Refi | 7.01% | 9/25/23 |
| 30 Year FHA Purchase | 7.38% | 9/25/23 |
| 30 Year FHA Refi | 6.98% | 9/25/23 |
| 30 Year VA Purchase | 6.15% | 9/25/23 |
| 15 Year Conventional Purchase | 6.70% | 9/25/23 |
| 15 Year Conventional Refi | 6.03% | 9/25/23 |
| 15 Year Cash-out Refi | 6.03% | 9/25/23 |
| 15 Year FHA Refi | 7.12% | 9/25/23 |
| 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. | ||
Loanleaders Of America Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Loanleaders Of America. 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
327Origination Dollar Volume (All Markets)
$107,755,000Awards
LOANLEADERS OF AMERICA - 2022
LOANLEADERS OF AMERICA is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for LOANLEADERS OF AMERICA?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Loanleaders Of America's average 30 year fixed mortgage rate was
4.94%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.18%.
Relative Fees (Closing Costs)
Loanleaders Of America's average total fees/closing costs for a 30 year fixed rate
mortgage were $14,008.
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 | $13,625,000 | $469,828 | $9,287 | 4.58% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 27 | $11,365,000 | $420,926 | $14,658 | 4.90% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 28 | $7,410,000 | $264,643 | $13,592 | 5.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 15 | $4,465,000 | $297,667 | $16,909 | 4.87% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 10 | $4,380,000 | $438,000 | $12,986 | 5.07% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 11 | $4,345,000 | $395,000 | $14,981 | 4.67% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 12 | $3,970,000 | $330,833 | $17,493 | 5.03% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 13 | $3,155,000 | $242,692 | $13,301 | 4.41% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 8 | $3,040,000 | $380,000 | $15,145 | 5.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $2,735,000 | $911,667 | $36,034 | 4.46% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $2,420,000 | $302,500 | $10,402 | 5.28% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 8 | $2,120,000 | $265,000 | $15,336 | 4.88% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,575,000 | $525,000 | $20,921 | 4.21% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $1,545,000 | $220,714 | $14,515 | 4.98% |
| MODESTO, CA (FHA|USDA|VA) | 5 | $1,505,000 | $301,000 | $13,386 | 4.20% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 5 | $1,465,000 | $293,000 | $11,230 | 4.32% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 5 | $1,425,000 | $285,000 | $9,676 | 4.60% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $18,700 | 5.09% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $6,597 | 5.25% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $1,300,000 | $650,000 | $19,066 | 3.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $28,196 | 5.50% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $18,454 | 5.09% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $20,620 | 4.96% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $11,043 | 4.44% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $10,394 | 3.92% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $12,675 | 5.63% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $16,997 | 4.63% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $18,840 | 5.37% |
| HARRISONBURG, VA (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $9,770 | 4.29% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $9,269 | 3.44% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $17,167 | 3.75% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $11,303 | 4.29% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $15,107 | 6.63% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $12,892 | 4.33% |
| Outside of Metro Areas | 3 | $745,000 | $248,333 | $15,580 | 5.46% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $11,420 | 6.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $14,085 | 3.75% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $13,865 | 5.17% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $18,213 | 4.50% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $10,456 | 5.88% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $11,700 | 3.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $13,452 | 5.25% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $5,973 | 4.88% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $10,932 | 4.42% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $13,674 | 4.25% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $9,845 | 5.56% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $12,869 | 7.06% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,587 | 3.50% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $20,241 | 3.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $11,079 | 3.94% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $15,876 | 4.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $10,428 | 5.06% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,397 | 4.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,948 | 3.75% |
| MERCED, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $18,801 | 5.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $12,745 | 4.44% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $9,231 | 6.38% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $21,307 | 6.88% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,885 | 5.63% |
| Key West, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $14,169 | 5.38% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $11,615 | 5.94% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $19,696 | 3.75% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 4.50% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $13,982 | 5.99% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $18,910 | 4.88% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,737 | 4.50% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $13,608 | 2.99% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $13,581 | 3.13% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,829 | 6.38% |
| Shelton, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $15,964 | 6.63% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $15,468 | 4.75% |
| REDDING, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $14,385 | 5.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,699 | 4.63% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,427 | 4.99% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,318 | 5.63% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,974 | 3.25% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $15,785 | 5.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,865 | 8.63% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,826 | 3.38% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,695 | 4.25% |
| Boone, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,647 | 2.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $13,975 | 5.63% |
| ROME, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $12,189 | 3.75% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $14,246 | 6.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,132 | 5.13% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,648 | 3.50% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $13,798 | 6.13% |
| Marion, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $14,063 | 6.75% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $10,219 | 9.88% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $12,573 | 5.25% |
| Palatka, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $13,388 | 5.75% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,269 | 5.38% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $10,743 | 4.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,510 | 6.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against LOANLEADERS OF AMERICA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 167
Similarity Rank: 172
Similarity Rank: 172
Similarity Rank: 210
Similarity Rank: 268
Similarity Rank: 306
Similarity Rank: 326
Similarity Rank: 328
Similarity Rank: 352
Similarity Rank: 360
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| FHA | 176 | $52,300,000 | $297,159 | $16,470 | 4.84% |
| Conventional | 144 | $51,400,000 | $356,944 | $10,277 | 4.91% |
| VA | 7 | $4,055,000 | $579,286 | $11,565 | 4.73% |
For 2022, Loanleaders Of America's most frequently originated type of loan was FHA, with 176 originations. Their 2nd most popular type was Conventional, with 144 originations.
Loan Reason
For 2022, Loanleaders Of America's most frequently cited loan purpose was Cash Out Refi, with 212 originations. The 2nd most popular reason was Home Purchase, with 57 originations.
Loan Duration/Length
For 2022, Loanleaders Of America's most frequently cited loan duration was 30 Year, with 311 originations. The 2nd most popular length was 15 Year, with 12 originations.
Origination Fees/Closing Costs
Loanleaders Of America's average total fees were $14,008, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 253 originations.
Interest Rates
During 2022, Loanleaders Of America's average interest rate for loans was 4.94%, while their most frequently originated rate bucket for loans was 4-5%, with 94 originations.
Loan Sizing
2022 saw Loanleaders Of America place emphasis on $200k-400k loans with 184 originations, totaling $52,710,000 in origination value.
Applicant Income
Loanleaders Of America lent most frequently to those with incomes in the $50k-75k range, with 80 originations. The second most popular income band? $100k-150k, with 77 originations.
Applicant Debt to Income Ratio
Loanleaders Of America lent most frequently to those with DTI ratios of 50-60%, with 71 originations. The next most common DTI ratio? 30-36%, with 49 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.14%
Loanleaders Of America has an average approval rate.
Pick Rate
Approvals leading to origination67.89%
Loanleaders Of America 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 |
|---|---|---|---|
| NA | 327 | $107,755,000 | $329,526 |