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

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & 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 by origination volume include: Los Angeles, Riverside, Washington, San Francisco, and Seattle among others. We have data for 162 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 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.

    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 6.97% 12/4/22
    30 Year Conventional Refi 6.75% 12/4/22
    30 Year Cash-out Refi 6.91% 12/4/22
    30 Year FHA Purchase 7.86% 12/4/22
    30 Year FHA Refi 7.38% 12/4/22
    30 Year VA Purchase 6.45% 12/4/22
    30 Year VA Refi 6.18% 12/4/22
    15 Year Conventional Purchase 5.97% 12/4/22
    15 Year Conventional Refi 6.07% 12/4/22
    15 Year Cash-out Refi 6.07% 12/4/22
    15 Year FHA Refi 7.14% 12/4/22
    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

    1,166

    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 mortgage rate was 3%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.15%.

    Relative Fees (Closing Costs)

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

    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) 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.

    Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Loanleaders Of America's most frequently originated type of loan was Conventional, with 924 originations. Their 2nd most popular type was FHA, with 212 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Loanleaders Of America's most frequently cited loan purpose was Refi, with 508 originations. The 2nd most popular reason was 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 2021, Loanleaders Of America's most frequently cited loan duration was 30 Year, with 1,016 originations. The 2nd most popular length was 15 Year, with 103 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 468 $163,210,000 $348,739
    $5k+ 298 $97,700,000 $327,852
    $2k-3k 150 $40,450,000 $269,667
    $3k-4k 103 $27,575,000 $267,718
    $4k-5k 95 $26,945,000 $283,632
    $<1k 42 $17,630,000 $419,762

    Loanleaders Of America's average total fees were $6,485, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.00%, while their most frequently originated rate bucket for loans was 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 or Islander 2 $620,000 $310,000 $2,939 3.00%

    Approval Rates

    Total approvals of all applications
    94.65%

    Loanleaders Of America has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.27%

    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%