Loanleaders Of America Mortgage Rates, Fees & Info

IRVINE, CA

LEI: 549300I43FC7P0IJMR13

Tax ID: 33-0842784

3.7 stars - out of 5 stars, based on 34 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Loanleaders Of America is a smaller mortgage company specializing in Refi and Cash Out Refi loans. Loanleaders Of America has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Los Angeles, Riverside, Washington, San Francisco, and Seattle among others. Loanleaders Of America has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Loanleaders Of America is typically a high fee lendor.


Originations

1,166

Origination Dollar Volume (All Markets)

$378,440,000

Awards

LOANLEADERS OF AMERICA  30 Year Conventional Loans bronze LOANLEADERS OF AMERICA  30 Year Conventional Loans silver LOANLEADERS OF AMERICA  VA Loans silver
Show all (3) awards

Relative Rate

Loanleaders Of America 's average 30 year fixed rate mortgage of loans were 3%.

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

This yields a difference of -0.15%.

Relative Fees

Loanleaders Of America 's average total fees for a 30 year fixed rate mortgage are $6,485.

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

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 239 $103,845,000 $434,498 $4,485 2.90%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 103 $33,445,000 $324,709 $5,484 3.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 30 $11,380,000 $379,333 $7,337 2.94%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 27 $11,045,000 $409,074 $6,169 2.87%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 33 $10,745,000 $325,606 $5,794 3.11%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 24 $10,710,000 $446,250 $6,831 2.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 41 $9,845,000 $240,122 $6,624 2.96%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 36 $8,660,000 $240,556 $6,182 2.90%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 28 $8,420,000 $300,714 $5,382 3.05%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 27 $7,565,000 $280,185 $8,227 2.80%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 17 $7,455,000 $438,529 $6,641 3.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $6,150,000 $307,500 $9,488 3.19%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 20 $5,610,000 $280,500 $8,996 2.91%
Outside of Metro Areas 20 $5,150,000 $257,500 $6,578 2.98%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 13 $5,085,000 $391,154 $6,181 2.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 17 $5,055,000 $297,353 $6,526 2.96%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 16 $4,430,000 $276,875 $8,715 2.98%
STOCKTON, CA (FHA|USDA|VA) 14 $4,350,000 $310,714 $5,148 3.02%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 10 $4,150,000 $415,000 $6,236 2.96%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 11 $3,735,000 $339,545 $5,153 2.99%
FRESNO, CA (FHA|USDA|VA) 14 $3,550,000 $253,571 $6,516 2.84%
BAKERSFIELD, CA (FHA|USDA|VA) 14 $3,460,000 $247,143 $9,212 3.12%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 12 $3,380,000 $281,667 $6,578 2.93%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 12 $3,340,000 $278,333 $7,125 2.97%
VALLEJO, CA (FHA|USDA|VA) 9 $3,045,000 $338,333 $6,382 2.78%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 10 $2,940,000 $294,000 $6,605 2.82%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 9 $2,705,000 $300,556 $4,841 3.50%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 9 $2,535,000 $281,667 $5,090 3.07%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $2,285,000 $253,889 $6,498 2.79%
COLUMBIA, SC (FHA|USDA|VA) 7 $2,265,000 $323,571 $8,141 2.82%
NAPA, CA (FHA|USDA|VA) 4 $2,230,000 $557,500 $12,489 3.12%
RALEIGH-CARY, NC (FHA|USDA|VA) 9 $2,125,000 $236,111 $6,840 2.79%
MODESTO, CA (FHA|USDA|VA) 10 $2,120,000 $212,000 $5,069 2.68%
VISALIA, CA (FHA|USDA|VA) 8 $2,090,000 $261,250 $6,069 3.00%
TUCSON, AZ (FHA|USDA|VA) 8 $2,000,000 $250,000 $4,294 2.80%
SALT LAKE CITY, UT (FHA|USDA|VA) 6 $1,930,000 $321,667 $6,084 2.94%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $1,885,000 $269,286 $5,944 3.16%
BOISE CITY, ID (FHA|USDA|VA) 4 $1,780,000 $445,000 $9,963 2.69%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $1,765,000 $353,000 $3,843 2.53%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,605,000 $321,000 $4,398 2.85%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $1,585,000 $226,429 $7,817 2.91%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $1,530,000 $191,250 $5,552 2.91%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,525,000 $305,000 $9,393 2.68%
SALINAS, CA (FHA|USDA|VA) 3 $1,505,000 $501,667 $13,890 2.42%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $1,495,000 $213,571 $7,633 2.73%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,410,000 $352,500 $4,094 2.81%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,330,000 $332,500 $7,347 3.62%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,320,000 $330,000 $8,464 2.81%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $1,300,000 $325,000 $8,020 3.56%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,290,000 $215,000 $8,801 2.85%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,225,000 $245,000 $8,000 3.27%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 5 $1,195,000 $239,000 $6,887 3.18%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $9,958 2.91%
PITTSBURGH, PA (FHA|USDA|VA) 6 $1,100,000 $183,333 $4,726 2.96%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,148 3.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $7,549 2.93%
READING, PA (FHA|USDA|VA) 3 $935,000 $311,667 $6,865 2.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $925,000 $185,000 $7,240 2.98%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $915,000 $305,000 $5,536 3.33%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $905,000 $301,667 $9,381 2.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $895,000 $298,333 $8,523 2.71%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $895,000 $179,000 $4,573 2.73%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $870,000 $435,000 $5,515 2.94%
Sandpoint, ID (FHA|USDA|VA) 2 $860,000 $430,000 $8,538 3.06%
HARRISONBURG, VA (FHA|USDA|VA) 2 $850,000 $425,000 $6,042 2.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $840,000 $210,000 $8,146 3.19%
ST. GEORGE, UT (FHA|USDA|VA) 2 $820,000 $410,000 $7,361 2.69%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $810,000 $202,500 $5,822 2.66%
FORT COLLINS, CO (FHA|USDA|VA) 3 $805,000 $268,333 $6,933 2.96%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $770,000 $192,500 $10,542 2.66%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $765,000 $255,000 $8,444 2.83%
GREELEY, CO (FHA|USDA|VA) 2 $760,000 $380,000 $11,049 2.69%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $710,000 $355,000 $9,102 2.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $685,000 $228,333 $9,884 3.04%
GAINESVILLE, FL (FHA|USDA|VA) 4 $670,000 $167,500 $6,852 3.34%
WENATCHEE, WA (FHA|USDA|VA) 2 $670,000 $335,000 $9,768 2.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $640,000 $320,000 $8,592 2.75%
EL CENTRO, CA (FHA|USDA|VA) 2 $640,000 $320,000 $3,216 3.31%
BEND, OR (FHA|USDA|VA) 2 $630,000 $315,000 $4,442 2.69%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $595,000 $198,333 $9,430 3.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $565,000 $188,333 $6,183 2.42%
SPARTANBURG, SC (FHA|USDA|VA) 2 $550,000 $275,000 $2,885 3.13%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $550,000 $275,000 $3,130 2.69%
BOULDER, CO (FHA|USDA|VA) 1 $535,000 $535,000 $28,378 2.99%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $515,000 $515,000 $2,615 2.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $500,000 $250,000 $5,166 2.56%
Outside of Metro Areas 2 $500,000 $250,000 $3,481 2.88%
Brookings, OR (FHA|USDA|VA) 1 $445,000 $445,000 $3,777 2.50%
MERCED, CA (FHA|USDA|VA) 2 $430,000 $215,000 $5,044 2.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $420,000 $210,000 $10,733 3.19%
BELLINGHAM, WA (FHA|USDA|VA) 1 $415,000 $415,000 $20,135 3.38%
CORVALLIS, OR (FHA|USDA|VA) 1 $405,000 $405,000 $5,745 3.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $400,000 $200,000 $3,033 2.81%
ASHEVILLE, NC (FHA|USDA|VA) 1 $385,000 $385,000 $4,751 2.25%
GOLDSBORO, NC (FHA|USDA|VA) 2 $370,000 $185,000 $4,771 2.25%
Hood River, OR (FHA|USDA|VA) 1 $365,000 $365,000 $8,393 2.75%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $360,000 $180,000 $5,503 3.06%
Rexburg, ID (FHA|USDA|VA) 1 $355,000 $355,000 $17,759 3.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $355,000 $355,000 $7,273 3.63%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $355,000 $355,000 $7,891 3.00%
Crossville, TN (FHA|USDA|VA) 1 $355,000 $355,000 $4,183 3.38%
ALBANY, GA (FHA|USDA|VA) 2 $350,000 $175,000 $6,154 3.06%
GAINESVILLE, GA (FHA|USDA|VA) 2 $340,000 $170,000 $8,898 2.69%
LANCASTER, PA (FHA|USDA|VA) 2 $340,000 $170,000 $6,603 2.94%
PROVO-OREM, UT (FHA|USDA|VA) 2 $330,000 $165,000 $3,268 3.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $330,000 $165,000 $5,796 3.06%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $315,000 $315,000 $17,106 4.13%
Moses Lake, WA (FHA|USDA|VA) 1 $315,000 $315,000 $4,331 4.00%
OCALA, FL (FHA|USDA|VA) 1 $315,000 $315,000 $5,223 2.88%
ROANOKE, VA (FHA|USDA|VA) 1 $315,000 $315,000 $3,800 2.88%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $305,000 $305,000 $3,827 3.13%
YUMA, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $5,795 2.88%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $295,000 $295,000 $7,226 2.88%
TYLER, TX (FHA|USDA|VA) 1 $295,000 $295,000 $9,520 3.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $295,000 $295,000 $3,814 3.00%
ERIE, PA (FHA|USDA|VA) 1 $285,000 $285,000 $5,247 2.75%
Ellensburg, WA (FHA|USDA|VA) 1 $285,000 $285,000 $2,422 2.99%
Clearlake, CA (FHA|USDA|VA) 1 $285,000 $285,000 $6,183 2.63%
Elizabeth City, NC (FHA|USDA|VA) 1 $275,000 $275,000 $2,470 3.25%
TWIN FALLS, ID (FHA|USDA|VA) 1 $275,000 $275,000 $11,932 3.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $275,000 $275,000 $4,519 2.88%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $14,715 2.99%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $265,000 $265,000 $9,016 3.63%
Morehead City, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,053 2.88%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,542 2.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $245,000 $245,000 $11,697 2.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $5,094 3.50%
YAKIMA, WA (FHA|USDA|VA) 1 $235,000 $235,000 $5,962 2.88%
St. Marys, GA (FHA|USDA|VA) 1 $235,000 $235,000 $6,969 2.50%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,415 2.99%
LONGVIEW, WA (FHA|USDA|VA) 1 $225,000 $225,000 $8,152 3.13%
Centralia, WA (FHA|USDA|VA) 1 $215,000 $215,000 $3,661 2.75%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,335 2.75%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $215,000 $215,000 $8,664 3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $215,000 $215,000 $8,373 1.99%
Orangeburg, SC (FHA|USDA|VA) 1 $205,000 $205,000 $9,721 3.13%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $205,000 $205,000 $12,657 3.25%
SALEM, OR (FHA|USDA|VA) 1 $205,000 $205,000 $3,698 2.75%
MONTGOMERY, AL (FHA|USDA|VA) 1 $195,000 $195,000 $2,659 2.63%
MIDLAND, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,361 3.25%
MONROE, LA (FHA|USDA|VA) 1 $175,000 $175,000 $3,215 3.25%
PITTSFIELD, MA (FHA|USDA|VA) 1 $175,000 $175,000 $2,665 2.88%
RICHMOND, VA (FHA|USDA|VA) 1 $175,000 $175,000 $11,810 3.00%
MOBILE, AL (FHA|USDA|VA) 1 $175,000 $175,000 $3,927 3.25%
ODESSA, TX (FHA|USDA|VA) 1 $175,000 $175,000 $7,015 3.25%
LEBANON, PA (FHA|USDA|VA) 1 $165,000 $165,000 $10,696 3.13%
CHICO, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,890 3.25%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $3,534 2.88%
Show Low, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $8,015 3.75%
North Wilkesboro, NC (FHA|USDA|VA) 1 $155,000 $155,000 $8,037 2.75%
DuBois, PA (FHA|USDA|VA) 1 $155,000 $155,000 $6,210 3.25%
Douglas, GA (FHA|USDA|VA) 1 $155,000 $155,000 $7,689 2.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $145,000 $145,000 $4,115 3.25%
Red Bluff, CA (FHA|USDA|VA) 1 $135,000 $135,000 $3,879 3.00%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $2,884 2.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,213 2.25%
Payson, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $3,774 2.99%
GADSDEN, AL (FHA|USDA|VA) 1 $125,000 $125,000 $5,105 3.25%
BATON ROUGE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $5,250 2.88%
LONGVIEW, TX (FHA|USDA|VA) 1 $85,000 $85,000 $5,524 3.63%
DECATUR, AL (FHA|USDA|VA) 1 $85,000 $85,000 $3,035 3.88%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $85,000 $85,000 $3,973 2.88%

Loanleaders Of America 's top markets include Los Angeles, Riverside, Washington, San Francisco, and Seattle among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 924 $302,850,000 $327,760 $4,915 2.95%
FHA 212 $59,570,000 $280,991 $11,836 2.96%
VA 30 $16,020,000 $534,000 $6,980 2.51%

For the 2021 period, Loanleaders Of America 's most frequently originated loan type of loans were Conventional, with 924 originations. Their 2nd most popular type is FHA, with 212 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 508 $164,790,000 $324,390 $4,550 2.82%
Cash Out Refi 478 $151,250,000 $316,423 $7,421 3.01%
Home Purchase 114 $41,660,000 $365,439 $8,529 3.16%
Home Improvement 66 $20,740,000 $314,242 $6,498 3.00%

For the 2021, Loanleaders Of America 's most frequently cited loan purpose of loans were Refi, with 508 originations. The 2nd most popular reason of loans were Cash Out Refi, with 478 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,016 $338,970,000 $333,632 $6,485 3.00%
15 Year 103 $26,575,000 $258,010 $4,594 2.44%
20 Year 30 $8,550,000 $285,000 $4,157 2.79%
Other 9 $2,575,000 $286,111 $4,675 2.86%
10 Year 8 $1,770,000 $221,250 $3,979 2.31%

For the 2021, Loanleaders Of America 's most frequently cited loan length of loans were 30 Year, with 1,016 originations. The 2nd most popular length of loans were 15 Year, with 103 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 468 $163,210,000 $348,739
$5k+ 298 $97,700,000 $327,852
$3k-4k 198 $54,520,000 $275,354
$2k-3k 150 $40,450,000 $269,667
$<1k 42 $17,630,000 $419,762

$6,485 of loans were Loanleaders Of America 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 468 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 535 $169,385,000 $316,607
3-4% 410 $137,110,000 $334,415
<2.5% 210 $68,220,000 $324,857
4-5% 11 $3,725,000 $338,636

During 2021, Loanleaders Of America 's average interest rate of loans were 3.00%, while their most frequently originated rate bucket of loans were 2.5-3%, with 535 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 592 $169,690,000 $286,639 $6,782 2.99%
$400k-600k 275 $133,605,000 $485,836 $5,729 2.90%
$100k-200k 241 $39,225,000 $162,759 $5,184 2.87%
$600k-1MM 44 $31,710,000 $720,682 $7,343 2.95%
$100,000 or less 12 $1,060,000 $88,333 $3,571 3.06%
$1MM+ 2 $3,150,000 $1,575,000 $27,184 3.69%

2021 saw Loanleaders Of America place emphasis on $200k-400k loans with 592 originations, totaling $169,690,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 308 $109,250,000 $354,708 $6,373 3.01%
$50k-75k 253 $64,635,000 $255,474 $6,403 2.92%
$75k-100k 215 $67,205,000 $312,581 $6,510 2.95%
$50k or less 169 $42,095,000 $249,083 $6,410 2.86%
$150k-250k 155 $60,865,000 $392,677 $5,214 2.92%
$250k+ 65 $33,565,000 $516,385 $5,893 2.89%

Loanleaders Of America lent most frequently to those with incomes in the $100k-150k range, with 308 originations. The second most popular income band? $50k-75k, with 253 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 202 $62,060,000 $307,228 $5,839 2.91%
20-30% 187 $63,825,000 $341,310 $5,289 2.90%
42% 61 $20,765,000 $340,410 $6,332 3.06%
44% 58 $19,520,000 $336,552 $6,485 3.07%
43% 54 $16,670,000 $308,704 $6,029 3.03%
<20% 52 $17,660,000 $339,615 $4,815 2.80%
40% 50 $16,350,000 $327,000 $6,358 2.95%
38% 49 $16,355,000 $333,776 $6,682 2.97%
49% 48 $14,720,000 $306,667 $7,665 2.98%
45% 47 $13,995,000 $297,766 $6,082 2.97%
50-60% 46 $13,510,000 $293,696 $12,244 2.90%
39% 45 $14,795,000 $328,778 $5,495 3.03%
36% 45 $13,685,000 $304,111 $6,376 2.95%
48% 42 $13,470,000 $320,714 $6,327 3.00%
41% 42 $14,330,000 $341,190 $6,098 3.02%
37% 40 $12,030,000 $300,750 $5,864 2.87%
47% 39 $11,945,000 $306,282 $6,644 3.02%
46% 38 $12,380,000 $325,789 $5,633 2.94%
>60% 20 $9,970,000 $498,500 $6,210 2.57%

Loanleaders Of America lent most frequently to those with DTI ratios of 30-36%, with 202 originations. The next most common DTI ratio? 20-30%, with 187 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 783 $252,565,000 $322,561 $6,050 2.94%
Not provided 256 $86,340,000 $337,266 $6,419 2.93%
Black 83 $24,475,000 $294,880 $7,457 3.03%
Asian 42 $14,440,000 $343,810 $6,078 2.90%
Native Hawaiian 2 $620,000 $310,000 $2,939 3.00%

Approval Rates

Total approvals of all applications
94.30%

Loanleaders Of America has an average approval rate.

Pick Rate

Approvals leading to origination
74.79%

Loanleaders Of America has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 1,166 $378,440,000 $324,563

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,166 $378,440,000 $324,563

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 96 $25,610,000 $266,771 $4,289 2.83%
40-60% 352 $112,240,000 $318,864 $4,630 2.87%
60-80% 510 $170,610,000 $334,529 $6,631 3.01%
80-100% 196 $67,210,000 $342,908 $9,046 2.96%
Over 100% 1 $435,000 $435,000 $18,200 2.50%
Under 20% 11 $2,335,000 $212,273 $4,101 2.81%