Neighbors Mortgage Rates, Fees & Info
Saint Louis, MOLEI: 549300I67S0IYUQWFJ07
Tax ID: 43-0496315
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Neighbors is a smaller mortgage company specializing in Refi and Home Purchase loans. Neighbors has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Chicago, and Farmington among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Neighbors has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
247Origination Dollar Volume (All Markets)
$38,135,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 239 | $36,865,000 | $154,247 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $880,000 | $146,667 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Farmington, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 247 | $38,135,000 | $154,393 | $0 | 0.00% |
For 2020, Neighbors's most frequently originated type of loan was Conventional, with 247 originations.
Loan Reason
For 2020, Neighbors's most frequently cited loan purpose was Refi, with 111 originations. The 2nd most popular reason was Home Purchase, with 57 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 247 | $38,135,000 | $154,393 | $0 | 0.00% |
For 2020, Neighbors's most frequently cited loan duration was Other, with 247 originations.
Loan Sizing
2020 saw Neighbors place emphasis on $100k-200k loans with 98 originations, totaling $13,980,000 in origination value.
Applicant Income
Neighbors lent most frequently to those with incomes in the $50k-75k range, with 61 originations. The second most popular income band? $100k-150k, with 53 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.55%
Neighbors has a below average approval rate.
Pick Rate
Approvals leading to origination59.92%
Neighbors 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 | 247 | $38,135,000 | $154,393 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 3 | $1,395,000 | $465,000 |
| Single Family (1-4 Units):Site-Built | 244 | $36,740,000 | $150,574 |
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Neighborhoods United, LLC | Conventional home mortgage | Struggling to pay mortgage | 1 | 100.0% |