Kinecta Mortgage Rates, Fees & Info

Manhattan Beach, CA

LEI: 549300IKS3MMB5YK6T18

Tax ID: 95-6038909

3.7 stars - out of 5 stars, based on 58 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Kinecta is a small mortgage company specializing in Cash Out Refi and Home Purchase loans. Kinecta has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Los Angeles, Riverside, San Diego, San Francisco, and San Jose among others. Kinecta 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. Kinecta is typically an average fee lendor.


Originations

3,394

Origination Dollar Volume (All Markets)

$1,506,180,000

Awards

KINECTA 30 Year Conventional Loans gold KINECTA 30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

Kinecta's average 30 year fixed rate mortgage of loans were 3.37%.

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

This yields a difference of 0.22%.

Relative Fees

Kinecta's average total fees for a 30 year fixed rate mortgage are $5,357.

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) 2,125 $947,005,000 $445,649 $4,646 3.26%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 281 $95,895,000 $341,263 $4,224 3.26%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 86 $73,040,000 $849,302 $7,272 3.20%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 75 $60,665,000 $808,867 $6,675 3.24%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 33 $43,215,000 $1,309,545 $10,244 3.28%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 107 $38,945,000 $363,972 $4,196 3.28%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 39 $37,395,000 $958,846 $10,699 3.29%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 73 $27,865,000 $381,712 $3,867 3.30%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 18 $12,880,000 $715,556 $5,409 3.04%
ROCHESTER, NY (FHA|USDA|VA) 95 $12,825,000 $135,000 $3,831 3.16%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 38 $11,950,000 $314,474 $3,229 3.20%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 33 $10,325,000 $312,879 $4,158 3.02%
Outside of Metro Areas 18 $7,660,000 $425,556 $5,941 3.22%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 20 $7,240,000 $362,000 $5,681 3.39%
Heber, UT (FHA|USDA|VA) 3 $6,725,000 $2,241,667 $12,167 3.08%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $6,285,000 $897,857 $8,234 3.48%
BAKERSFIELD, CA (FHA|USDA|VA) 15 $5,125,000 $341,667 $4,657 3.27%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 12 $4,870,000 $405,833 $5,315 3.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 13 $4,855,000 $373,462 $4,948 3.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 15 $4,395,000 $293,000 $4,532 3.27%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 13 $4,245,000 $326,538 $4,788 2.98%
Ukiah, CA (FHA|USDA|VA) 3 $4,075,000 $1,358,333 $15,159 3.21%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 13 $4,035,000 $310,385 $3,965 3.32%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 16 $3,880,000 $242,500 $4,771 2.90%
TUCSON, AZ (FHA|USDA|VA) 12 $3,030,000 $252,500 $5,464 3.03%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,975,000 $595,000 $6,216 2.85%
SALINAS, CA (FHA|USDA|VA) 6 $2,970,000 $495,000 $5,577 3.33%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $2,755,000 $306,111 $4,505 3.22%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $2,720,000 $680,000 $7,727 3.47%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $2,570,000 $1,285,000 $19,369 3.31%
VISALIA, CA (FHA|USDA|VA) 3 $2,135,000 $711,667 $3,635 3.34%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 8 $1,990,000 $248,750 $3,472 3.17%
BOULDER, CO (FHA|USDA|VA) 4 $1,900,000 $475,000 $3,465 3.44%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,735,000 $247,857 $2,849 3.25%
STOCKTON, CA (FHA|USDA|VA) 6 $1,690,000 $281,667 $4,361 3.21%
Hilo, HI (FHA|USDA|VA) 1 $1,685,000 $1,685,000 $9,963 3.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 7 $1,685,000 $240,714 $4,015 3.02%
FRESNO, CA (FHA|USDA|VA) 7 $1,485,000 $212,143 $2,633 3.25%
SALEM, OR (FHA|USDA|VA) 2 $1,480,000 $740,000 $3,555 3.65%
BOISE CITY, ID (FHA|USDA|VA) 3 $1,435,000 $478,333 $4,354 3.29%
KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $1,420,000 $236,667 $2,978 3.33%
RICHMOND, VA (FHA|USDA|VA) 4 $1,370,000 $342,500 $4,915 2.91%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $1,320,000 $220,000 $2,812 3.19%
Bozeman, MT (FHA|USDA|VA) 1 $1,115,000 $1,115,000 $7,372 3.13%
NAPA, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $2,961 3.29%
BEND, OR (FHA|USDA|VA) 2 $900,000 $450,000 $5,140 3.63%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $855,000 $171,000 $3,829 3.23%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $820,000 $205,000 $4,911 3.22%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $820,000 $205,000 $3,813 2.90%
ASHEVILLE, NC (FHA|USDA|VA) 2 $780,000 $390,000 $5,533 3.38%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 3 $715,000 $238,333 $2,941 2.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $690,000 $345,000 $4,376 2.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $685,000 $228,333 $4,540 2.79%
TULSA, OK (FHA|USDA|VA) 3 $675,000 $225,000 $4,135 3.08%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $650,000 $325,000 $2,760 3.69%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $595,000 $595,000 $5,100 3.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $595,000 $119,000 $3,494 3.13%
VALLEJO, CA (FHA|USDA|VA) 2 $560,000 $280,000 $2,399 3.75%
Klamath Falls, OR (FHA|USDA|VA) 1 $555,000 $555,000 $9,498 3.00%
RENO, NV (FHA|USDA|VA) 1 $555,000 $555,000 $6,662 3.00%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $550,000 $275,000 $3,842 3.06%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $545,000 $545,000 $2,310 3.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $525,000 $525,000 $3,246 3.13%
NILES, MI (FHA|USDA|VA) 1 $515,000 $515,000 $5,598 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $515,000 $103,000 $3,582 2.98%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $515,000 $515,000 $2,882 2.88%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $500,000 $250,000 $4,052 3.75%
BELLINGHAM, WA (FHA|USDA|VA) 2 $490,000 $245,000 $2,133 3.44%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $3,319 3.81%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $465,000 $155,000 $2,237 3.67%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $455,000 $151,667 $5,304 2.75%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $430,000 $215,000 $2,905 2.44%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,154 3.38%
MEDFORD, OR (FHA|USDA|VA) 1 $425,000 $425,000 $4,365 3.13%
LONGVIEW, WA (FHA|USDA|VA) 1 $405,000 $405,000 $5,221 3.38%
COLUMBUS, OH (FHA|USDA|VA) 3 $405,000 $135,000 $3,021 2.88%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $395,000 $395,000 $2,725 3.00%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $385,000 $385,000 $5,431 3.38%
Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $385,000 $385,000 $6,408 3.13%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $370,000 $185,000 $3,338 3.00%
MISSOULA, MT (FHA|USDA|VA) 1 $365,000 $365,000 $7,156 3.38%
KNOXVILLE, TN (FHA|USDA|VA) 1 $335,000 $335,000 $3,735 3.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $335,000 $335,000 $2,836 3.13%
CHICO, CA (FHA|USDA|VA) 1 $335,000 $335,000 $9,164 3.38%
MODESTO, CA (FHA|USDA|VA) 2 $330,000 $165,000 $2,306 4.44%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $325,000 $325,000 $7,629 2.88%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $310,000 $155,000 $6,550 3.56%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $285,000 $285,000 $3,755 3.13%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $275,000 $275,000 $6,783 3.13%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $275,000 $275,000 $4,343 2.88%
Centralia, WA (FHA|USDA|VA) 1 $275,000 $275,000 $11,652 2.88%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,288 3.38%
Crescent City, CA (FHA|USDA|VA) 1 $265,000 $265,000 $5,398 2.88%
Sonora, CA (FHA|USDA|VA) 1 $265,000 $265,000 $4,332 3.13%
Newport, OR (FHA|USDA|VA) 1 $255,000 $255,000 $4,443 3.13%
Kalispell, MT (FHA|USDA|VA) 1 $235,000 $235,000 $0 4.38%
YUBA CITY, CA (FHA|USDA|VA) 2 $230,000 $115,000 $6,425 3.13%
Port Angeles, WA (FHA|USDA|VA) 1 $225,000 $225,000 $3,078 2.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $225,000 $225,000 $5,383 2.88%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,281 2.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,884 3.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,793 3.13%
Show Low, AZ (FHA|USDA|VA) 1 $215,000 $215,000 $3,370 3.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $215,000 $215,000 $2,144 2.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $215,000 $215,000 $5,517 2.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,810 2.99%
OCALA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $4,477 2.75%
GREELEY, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,594 2.25%
EL PASO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,568 3.88%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $195,000 $65,000 $3,041 3.42%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $6,565 3.38%
Olean, NY (FHA|USDA|VA) 1 $175,000 $175,000 $3,386 3.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,500 2.50%
MERCED, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,191 3.00%
SANTA FE, NM (FHA|USDA|VA) 1 $155,000 $155,000 $3,663 3.00%
Holland, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,070 2.88%
SPARTANBURG, SC (FHA|USDA|VA) 1 $145,000 $145,000 $3,531 3.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $145,000 $145,000 $2,716 3.50%
SYRACUSE, NY (FHA|USDA|VA) 1 $145,000 $145,000 $2,729 2.25%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $135,000 $135,000 $3,601 2.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,322 2.75%
Corning, NY (FHA|USDA|VA) 1 $125,000 $125,000 $3,505 3.13%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $115,000 $115,000 $2,515 2.88%
PITTSBURGH, PA (FHA|USDA|VA) 1 $115,000 $115,000 $6,576 2.75%
MONROE, MI (FHA|USDA|VA) 1 $115,000 $115,000 $3,056 2.75%
AKRON, OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,605 3.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,175 2.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,012 2.88%
Connersville, IN (FHA|USDA|VA) 1 $85,000 $85,000 $2,600 2.88%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $85,000 $85,000 $2,070 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $55,000 $55,000 $1,946 2.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $55,000 $55,000 $250 4.13%
Durango, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.00%
UTICA-ROME, NY (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.38%
EL CENTRO, CA (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.00%

Kinecta's top markets include Los Angeles, Riverside, San Diego, San Francisco, and San Jose among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 3,386 $1,504,280,000 $444,265 $4,791 3.24%
FHA 7 $1,785,000 $255,000 $9,015 3.21%
VA 1 $115,000 $115,000 $6,576 2.75%

For the 2021 period, Kinecta's most frequently originated loan type of loans were Conventional, with 3,386 originations. Their 2nd most popular type is FHA, with 7 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 2,315 $726,505,000 $313,825 $3,689 3.33%
Refi 573 $276,785,000 $483,045 $3,726 3.02%
Home Purchase 497 $502,325,000 $1,010,714 $9,535 3.10%
Home Improvement 9 $565,000 $62,778 $1,225 3.96%

For the 2021, Kinecta's most frequently cited loan purpose of loans were Cash Out Refi, with 2,315 originations. The 2nd most popular reason of loans were Refi, with 573 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,677 $1,272,565,000 $475,370 $5,357 3.37%
15 Year 471 $167,805,000 $356,274 $3,493 2.73%
20 Year 163 $46,075,000 $282,669 $2,967 3.07%
10 Year 62 $11,220,000 $180,968 $2,740 2.38%
Other 21 $8,515,000 $405,476 $3,430 3.03%

For the 2021, Kinecta's most frequently cited loan length of loans were 30 Year, with 2,677 originations. The 2nd most popular length of loans were 15 Year, with 471 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,324 $728,570,000 $550,279
$1k-2k 537 $155,635,000 $289,823
$2k-3k 275 $128,215,000 $466,236
$3k-4k 228 $127,510,000 $559,254
$5k+ 215 $196,405,000 $913,512

$5,357 of loans were Kinecta's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,324 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,483 $741,275,000 $499,848
2.5-3% 1,366 $653,920,000 $478,712
<2.5% 298 $74,230,000 $249,094
4-5% 237 $35,795,000 $151,034
5-6% 10 $960,000 $96,000

During 2021, Kinecta's average interest rate of loans were 3.37%, while their most frequently originated rate bucket of loans were 3-4%, with 1,483 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,165 $335,395,000 $287,893 $3,537 3.10%
$100k-200k 670 $94,710,000 $141,358 $3,046 3.38%
$400k-600k 579 $282,685,000 $488,230 $4,298 3.08%
$100,000 or less 375 $22,925,000 $61,133 $2,368 3.90%
$600k-1MM 346 $259,330,000 $749,509 $5,732 3.08%
$1MM+ 259 $511,135,000 $1,973,494 $13,562 3.18%

2021 saw Kinecta place emphasis on $200k-400k loans with 1,165 originations, totaling $335,395,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$150k-250k 827 $347,835,000 $420,599 $4,824 3.30%
$100k-150k 793 $247,675,000 $312,327 $3,991 3.27%
$250k+ 544 $563,250,000 $1,035,386 $8,941 3.27%
$75k-100k 502 $134,410,000 $267,749 $3,641 3.21%
$50k-75k 423 $94,255,000 $222,825 $3,428 3.12%
$50k or less 184 $29,880,000 $162,391 $3,204 3.18%

Kinecta lent most frequently to those with incomes in the $150k-250k range, with 827 originations. The second most popular income band? $100k-150k, with 793 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 764 $292,340,000 $382,644 $4,471 3.18%
30-36% 572 $254,460,000 $444,860 $4,884 3.24%
<20% 335 $135,555,000 $404,642 $4,109 3.14%
49% 175 $83,395,000 $476,543 $5,596 3.36%
44% 132 $49,970,000 $378,561 $4,308 3.21%
42% 125 $54,805,000 $438,440 $5,054 3.27%
39% 125 $56,605,000 $452,840 $5,021 3.35%
43% 124 $43,630,000 $351,855 $4,571 3.32%
41% 122 $58,430,000 $478,934 $4,966 3.22%
40% 119 $53,555,000 $450,042 $5,619 3.35%
45% 114 $48,700,000 $427,193 $4,876 3.25%
46% 113 $61,125,000 $540,929 $5,696 3.27%
48% 112 $64,700,000 $577,679 $5,345 3.21%
38% 108 $44,910,000 $415,833 $4,475 3.27%
47% 106 $52,100,000 $491,509 $6,043 3.39%
37% 100 $53,380,000 $533,800 $4,954 3.12%
36% 99 $31,605,000 $319,242 $4,068 3.40%
50-60% 18 $6,680,000 $371,111 $6,912 3.47%
>60% 4 $1,280,000 $320,000 $4,406 2.94%

Kinecta lent most frequently to those with DTI ratios of 20-30%, with 764 originations. The next most common DTI ratio? 30-36%, with 572 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,028 $914,420,000 $450,897 $4,981 3.25%
Not provided 590 $228,480,000 $387,254 $4,529 3.23%
Asian 407 $193,805,000 $476,179 $4,875 3.22%
Black 277 $90,945,000 $328,321 $4,030 3.24%
Not applicable 22 $52,300,000 $2,377,273 $0 3.43%
American Indian 33 $11,605,000 $351,667 $4,242 3.30%
Native Hawaiian 17 $6,095,000 $358,529 $5,264 3.27%
Asian Indian 8 $4,560,000 $570,000 $12,084 3.78%
Other Asian 3 $1,675,000 $558,333 $3,172 3.25%
Filipino 2 $680,000 $340,000 $5,036 2.63%
Japanese 3 $565,000 $188,333 $2,693 2.75%
Guamanian 1 $465,000 $465,000 $3,045 2.13%
2 $330,000 $165,000 $2,245 3.44%
Chinese 1 $255,000 $255,000 $2,483 2.88%

Approval Rates

Total approvals of all applications
93.20%

Kinecta has an average approval rate.

Pick Rate

Approvals leading to origination
71.94%

Kinecta has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,394 $1,506,180,000 $443,777

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,394 $1,506,180,000 $443,777

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 725 $222,825,000 $307,345 $3,338 3.12%
40-60% 923 $492,715,000 $533,819 $4,189 2.98%
60-80% 774 $558,460,000 $721,525 $6,424 3.12%
80-100% 250 $143,200,000 $572,800 $6,366 3.11%
Over 100% 1 $1,205,000 $1,205,000 $0 4.05%
Under 20% 721 $87,775,000 $121,741 $2,788 3.89%