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 loans. Neighbors has a high proportion of conventional loans. Their top two markets are St. Louis and Moberly .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
160Origination Dollar Volume (All Markets)
$20,690,000Top 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) | 159 | $20,495,000 | $128,899 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 160 | $20,690,000 | $129,313 | $0 | 0.00% |
For 2021, Neighbors's most frequently originated type of loan was Conventional, with 160 originations.
Loan Reason
For 2021, Neighbors's most frequently cited loan purpose was Refi, with 56 originations. The 2nd most popular reason was Home Improvement, with 36 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 160 | $20,690,000 | $129,313 | $0 | 0.00% |
For 2021, Neighbors's most frequently cited loan duration was Other, with 160 originations.
Loan Sizing
2021 saw Neighbors place emphasis on $100,000 or less loans with 83 originations, totaling $3,945,000 in origination value.
Applicant Income
Neighbors lent most frequently to those with incomes in the $50k or less range, with 38 originations. The second most popular income band? $75k-100k, with 30 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.57%
Neighbors has a below average approval rate.
Pick Rate
Approvals leading to origination61.88%
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 | 160 | $20,690,000 | $129,313 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Neighborhoods United, LLC | Conventional home mortgage | Struggling to pay mortgage | 1 | 25.0% |
| Neighborhoods United, LLC | Other type of mortgage | Closing on a mortgage | 1 | 25.0% |
| Neighborhoods United, LLC | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 25.0% |
| Neighborhoods United, LLC | Conventional home mortgage | Trouble during payment process | 1 | 25.0% |