Envoy Mortgage Ltd Rates, Fees & Info

AUSTIN, TX

LEI: 549300J6N77Q8OHYNF23

Tax ID: 76-0700342

2020 Data | 2019 Data | 2018 Data


Overview

Envoy Mortgage Ltd is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Envoy Mortgage Ltd has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include New York, Houston, San Luis Obispo, Cambridge, and Kennewick among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Envoy Mortgage Ltd is typically an average fee lendor.


Originations

18,606

Origination Dollar Volume (All Markets)

$5,130,400,000

Relative Rate

Envoy Mortgage Ltd's average 30 year fixed rate mortgage was 3.41%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of 0.05%.

Relative Fees

Envoy Mortgage Ltd's average total fees for a 30 year fixed rate mortgage are $5,718.

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 $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 13,104 $3,797,240,000 $289,777 $4,378 3.28%
FHA 3,519 $790,645,000 $224,679 $8,696 3.47%
VA 1,545 $469,645,000 $303,977 $6,161 3.19%
USDA 438 $72,870,000 $166,370 $5,785 3.48%

For the 2020 period, Envoy Mortgage Ltd's most frequently originated loan type was Conventional, with 13,104 originations. Their 2nd most popular type is FHA, with 3,519 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 10,247 $2,602,475,000 $253,974 $6,211 3.42%
Refi 6,056 $1,863,670,000 $307,739 $4,103 3.13%
Cash Out Refi 2,303 $664,255,000 $288,430 $5,006 3.39%

For the 2020, Envoy Mortgage Ltd's most frequently cited loan purpose was Home Purchase, with 10,247 originations. The 2nd most popular reason was Refi, with 6,056 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 15,783 $4,446,555,000 $281,731 $5,718 3.38%
15 Year 1,524 $371,520,000 $243,780 $3,704 2.86%
20 Year 739 $203,675,000 $275,609 $3,635 3.12%
Other 283 $89,165,000 $315,071 $3,946 3.18%
10 Year 214 $18,990,000 $88,738 $1,511 2.80%
5 Year 63 $495,000 $7,857 $41 2.63%

For the 2020, Envoy Mortgage Ltd's most frequently cited loan length was 30 Year, with 15,783 originations. The 2nd most popular length was 15 Year, with 1,524 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 11,800 $3,378,920,000 $286,349
$<1k 2,730 $820,930,000 $300,707
$2k-3k 1,616 $316,940,000 $196,126
$3k-4k 1,303 $307,775,000 $236,205
$5k+ 329 $116,395,000 $353,784

$5,718 was Envoy Mortgage Ltd's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 11,800 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 1,559 $326,355,000 $209,336 $5,157 3.38%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 602 $258,950,000 $430,150 $6,379 3.21%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 721 $208,205,000 $288,773 $6,839 3.21%
SAN LUIS OBISPO-PASO ROBLES, CA 459 $189,565,000 $412,996 $4,616 3.15%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 499 $188,015,000 $376,784 $3,796 3.14%
KENNEWICK-RICHLAND, WA 515 $149,465,000 $290,223 $5,393 3.20%
PHOENIX-MESA-CHANDLER, AZ 533 $147,965,000 $277,608 $4,875 3.42%
BOSTON, MA 372 $142,550,000 $383,199 $4,038 3.16%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 492 $136,660,000 $277,764 $4,249 3.17%
WORCESTER, MA-CT 474 $134,330,000 $283,397 $4,303 3.24%
SALINAS, CA 360 $128,500,000 $356,944 $6,637 3.26%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 454 $122,120,000 $268,987 $4,147 3.27%
OAKLAND-BERKELEY-LIVERMORE, CA 252 $120,640,000 $478,730 $5,241 3.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 291 $103,545,000 $355,825 $5,617 3.26%
ROCKFORD, IL 940 $103,020,000 $109,596 $3,702 3.47%
SPOKANE-SPOKANE VALLEY, WA 382 $89,420,000 $234,084 $5,435 3.05%
PROVIDENCE-WARWICK, RI-MA 295 $84,705,000 $287,136 $4,405 3.15%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 390 $81,640,000 $209,333 $4,267 3.36%
NASSAU COUNTY-SUFFOLK COUNTY, NY 173 $77,755,000 $449,451 $6,393 3.22%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 234 $73,320,000 $313,333 $7,063 3.19%
PHILADELPHIA, PA 230 $72,620,000 $315,739 $6,625 3.30%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 168 $71,350,000 $424,702 $5,852 3.13%
VALLEJO, CA 181 $70,105,000 $387,320 $4,891 3.33%
NEW BRUNSWICK-LAKEWOOD, NJ 192 $68,860,000 $358,646 $4,774 3.15%
ORLANDO-KISSIMMEE-SANFORD, FL 264 $68,850,000 $260,795 $6,241 3.53%
CINCINNATI, OH-KY-IN 352 $66,400,000 $188,636 $4,061 3.38%
BALTIMORE-COLUMBIA-TOWSON, MD 198 $65,900,000 $332,828 $5,904 3.24%
SANTA MARIA-SANTA BARBARA, CA 162 $59,220,000 $365,556 $4,858 3.16%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 163 $57,085,000 $350,215 $5,814 3.20%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 238 $54,240,000 $227,899 $5,584 3.37%
LOS ANGELES-LONG BEACH-GLENDALE, CA 111 $51,405,000 $463,108 $7,330 3.24%
COLUMBUS, GA-AL 236 $50,020,000 $211,949 $7,007 3.49%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 132 $49,370,000 $374,015 $5,215 3.24%
BRIDGEPORT-STAMFORD-NORWALK, CT 127 $43,625,000 $343,504 $7,915 3.28%
NAPLES-MARCO ISLAND, FL 155 $42,995,000 $277,387 $9,318 3.27%
WARREN-TROY-FARMINGTON HILLS, MI 203 $41,905,000 $206,429 $4,502 3.37%
MANCHESTER-NASHUA, NH 151 $38,565,000 $255,397 $4,177 3.28%
MILWAUKEE-WAUKESHA, WI 172 $38,370,000 $223,081 $3,979 3.25%
MODESTO, CA 124 $36,920,000 $297,742 $6,498 3.39%
NORTH PORT-SARASOTA-BRADENTON, FL 164 $36,450,000 $222,256 $7,981 3.40%
COLUMBUS, OH 147 $35,885,000 $244,116 $4,015 3.47%
PORTLAND-SOUTH PORTLAND, ME 132 $34,480,000 $261,212 $4,187 3.18%
MOBILE, AL 195 $33,685,000 $172,744 $5,934 3.63%
SAN ANTONIO-NEW BRAUNFELS, TX 120 $32,940,000 $274,500 $6,496 3.29%
MERCED, CA 131 $31,955,000 $243,931 $6,975 3.29%
DENVER-AURORA-LAKEWOOD, CO 78 $29,130,000 $373,462 $3,543 3.42%
COEUR D'ALENE, ID 88 $28,420,000 $322,955 $7,105 3.37%
CAPE CORAL-FORT MYERS, FL 137 $28,095,000 $205,073 $7,255 3.58%
FRESNO, CA 105 $27,535,000 $262,238 $5,325 3.28%
GRAND RAPIDS-KENTWOOD, MI 130 $26,630,000 $204,846 $3,676 3.35%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 92 $26,540,000 $288,478 $5,802 3.66%
NEW HAVEN-MILFORD, CT 103 $25,585,000 $248,398 $5,592 3.41%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 99 $24,425,000 $246,717 $6,269 3.59%
GULFPORT-BILOXI, MS 136 $23,820,000 $175,147 $5,539 3.62%
MEMPHIS, TN-MS-AR 104 $23,560,000 $226,538 $8,218 3.35%
SEATTLE-BELLEVUE-KENT, WA 53 $23,555,000 $444,434 $7,295 3.23%
MIAMI-MIAMI BEACH-KENDALL, FL 81 $22,655,000 $279,691 $7,088 3.46%
GREENVILLE-ANDERSON, SC 137 $22,325,000 $162,956 $6,724 3.70%
TACOMA-LAKEWOOD, WA 64 $21,720,000 $339,375 $6,311 3.36%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 87 $21,325,000 $245,115 $6,028 3.39%
CHICAGO-NAPERVILLE-EVANSTON, IL 96 $20,710,000 $215,729 $4,279 3.32%
NEWARK, NJ-PA 48 $20,610,000 $429,375 $5,973 3.11%
SHEBOYGAN, WI 118 $19,950,000 $169,068 $5,125 3.57%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 37 $18,275,000 $493,919 $6,674 3.16%
MISSOULA, MT 64 $18,120,000 $283,125 $4,800 3.21%
JACKSONVILLE, FL 77 $18,005,000 $233,831 $6,560 3.39%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 79 $16,755,000 $212,089 $7,601 3.57%
WILMINGTON, DE-MD-NJ 58 $15,100,000 $260,345 $5,938 3.65%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 63 $14,325,000 $227,381 $5,999 3.61%
JANESVILLE-BELOIT, WI 80 $14,090,000 $176,125 $5,108 3.54%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 57 $13,655,000 $239,561 $6,462 3.40%
CAMDEN, NJ 62 $13,310,000 $214,677 $5,648 3.15%
SALEM, OR 51 $12,855,000 $252,059 $4,372 3.49%
MUSKEGON, MI 82 $12,240,000 $149,268 $4,279 3.56%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 36 $11,670,000 $324,167 $6,189 3.22%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 39 $11,525,000 $295,513 $6,365 3.38%
ASHEVILLE, NC 52 $11,210,000 $215,577 $7,219 3.69%
DOVER, DE 49 $11,075,000 $226,020 $6,996 3.64%
DOTHAN, AL 55 $10,655,000 $193,727 $4,432 3.29%
MOUNT VERNON-ANACORTES, WA 21 $10,605,000 $505,000 $8,043 3.10%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 45 $10,435,000 $231,889 $7,395 3.35%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 20 $10,330,000 $516,500 $4,259 3.08%
KILLEEN-TEMPLE, TX 49 $9,745,000 $198,878 $4,758 3.45%
DAPHNE-FAIRHOPE-FOLEY, AL 43 $9,485,000 $220,581 $5,400 3.35%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 19 $8,605,000 $452,895 $6,322 3.07%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 27 $8,595,000 $318,333 $7,634 3.48%
ROANOKE, VA 38 $8,460,000 $222,632 $5,491 3.29%
STOCKTON, CA 23 $8,415,000 $365,870 $7,273 3.38%
SALISBURY, MD-DE 32 $7,350,000 $229,688 $5,040 3.43%
ANAHEIM-SANTA ANA-IRVINE, CA 18 $7,280,000 $404,444 $4,916 3.08%
SPARTANBURG, SC 48 $7,250,000 $151,042 $6,609 3.70%
READING, PA 30 $7,070,000 $235,667 $8,044 3.34%
SAGINAW, MI 47 $7,015,000 $149,255 $4,861 3.35%
VISALIA, CA 33 $6,965,000 $211,061 $5,349 3.32%
DALLAS-PLANO-IRVING, TX 22 $6,490,000 $295,000 $6,448 3.21%
BURLINGTON-SOUTH BURLINGTON, VT 24 $6,470,000 $269,583 $6,718 3.32%
OCEAN CITY, NJ 18 $6,380,000 $354,444 $5,521 3.03%
OLYMPIA-LACEY-TUMWATER, WA 18 $6,290,000 $349,444 $7,343 3.57%
INDIANAPOLIS-CARMEL-ANDERSON, IN 26 $6,160,000 $236,923 $3,256 3.27%
RACINE, WI 30 $5,930,000 $197,667 $2,677 3.27%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 28 $5,780,000 $206,429 $4,112 3.30%
ATLANTIC CITY-HAMMONTON, NJ 25 $5,765,000 $230,600 $5,896 3.73%
LAKELAND-WINTER HAVEN, FL 26 $5,530,000 $212,692 $6,239 3.68%
MADERA, CA 21 $5,455,000 $259,762 $5,754 3.30%
SANTA CRUZ-WATSONVILLE, CA 9 $5,355,000 $595,000 $7,790 3.35%
Outside of Metro Areas 14 $5,230,000 $373,571 $7,478 3.26%
YAKIMA, WA 21 $4,555,000 $216,905 $5,556 3.57%
BARNSTABLE TOWN, MA 16 $4,520,000 $282,500 $2,627 3.12%
DETROIT-DEARBORN-LIVONIA, MI 23 $4,445,000 $193,261 $5,478 3.59%
MADISON, WI 19 $4,385,000 $230,789 $5,600 3.45%
BAY CITY, MI 38 $4,380,000 $115,263 $4,321 3.64%
AUBURN-OPELIKA, AL 23 $4,285,000 $186,304 $6,339 3.57%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 17 $4,275,000 $251,471 $6,712 3.28%
OCALA, FL 27 $4,195,000 $155,370 $6,978 3.63%
PORT ST. LUCIE, FL 18 $4,080,000 $226,667 $6,127 3.54%
OXNARD-THOUSAND OAKS-VENTURA, CA 10 $4,000,000 $400,000 $7,113 3.31%
LEXINGTON-FAYETTE, KY 21 $3,665,000 $174,524 $4,654 3.34%
NAPA, CA 7 $3,545,000 $506,429 $5,424 3.16%
BAKERSFIELD, CA 13 $3,435,000 $264,231 $5,689 3.07%
ELGIN, IL 19 $3,245,000 $170,789 $6,093 3.54%
SPRINGFIELD, MA 13 $2,795,000 $215,000 $3,728 3.20%
LYNCHBURG, VA 17 $2,785,000 $163,824 $6,110 3.40%
CALIFORNIA-LEXINGTON PARK, MD 9 $2,695,000 $299,444 $6,463 3.26%
CHARLOTTESVILLE, VA 7 $2,675,000 $382,143 $4,219 3.38%
CHARLESTON-NORTH CHARLESTON, SC 8 $2,670,000 $333,750 $8,830 3.19%
ELIZABETHTOWN-FORT KNOX, KY 16 $2,660,000 $166,250 $4,433 3.65%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 8 $2,620,000 $327,500 $5,323 3.20%
MIDLAND, MI 18 $2,560,000 $142,222 $4,437 3.70%
SANTA ROSA-PETALUMA, CA 6 $2,500,000 $416,667 $3,463 3.15%
HICKORY-LENOIR-MORGANTON, NC 17 $2,355,000 $138,529 $6,201 3.84%
BIRMINGHAM-HOOVER, AL 10 $2,220,000 $222,000 $4,419 3.35%
CHATTANOOGA, TN-GA 7 $2,085,000 $297,857 $6,730 3.71%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 9 $2,065,000 $229,444 $6,974 3.50%
HAGERSTOWN-MARTINSBURG, MD-WV 7 $1,985,000 $283,571 $6,147 3.34%
FLAGSTAFF, AZ 7 $1,975,000 $282,143 $3,025 3.20%
PALM BAY-MELBOURNE-TITUSVILLE, FL 7 $1,895,000 $270,714 $7,974 3.55%
LANCASTER, PA 8 $1,820,000 $227,500 $5,749 3.17%
NORWICH-NEW LONDON, CT 8 $1,780,000 $222,500 $6,055 3.28%
PANAMA CITY, FL 6 $1,640,000 $273,333 $6,908 3.14%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 7 $1,615,000 $230,714 $6,798 3.34%
PRESCOTT VALLEY-PRESCOTT, AZ 7 $1,595,000 $227,857 $3,488 2.84%
FLINT, MI 10 $1,570,000 $157,000 $5,555 3.56%
BOISE CITY, ID 5 $1,545,000 $309,000 $9,558 3.55%
DAYTON-KETTERING, OH 9 $1,485,000 $165,000 $5,317 3.54%
YUBA CITY, CA 5 $1,445,000 $289,000 $6,662 3.55%
DULUTH, MN-WI 6 $1,370,000 $228,333 $4,744 3.48%
COLUMBIA, SC 8 $1,330,000 $166,250 $7,351 3.58%
RICHMOND, VA 4 $1,310,000 $327,500 $3,694 3.22%
APPLETON, WI 7 $1,295,000 $185,000 $4,945 3.54%
COLORADO SPRINGS, CO 5 $1,255,000 $251,000 $3,084 3.78%
PUNTA GORDA, FL 5 $1,195,000 $239,000 $5,957 4.10%
KINGSTON, NY 4 $1,180,000 $295,000 $5,911 3.63%
COLLEGE STATION-BRYAN, TX 5 $1,165,000 $233,000 $8,340 3.40%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 3 $1,165,000 $388,333 $10,275 3.42%
TUCSON, AZ 5 $1,135,000 $227,000 $3,433 3.20%
TRENTON-PRINCETON, NJ 3 $1,115,000 $371,667 $5,317 3.21%
WALLA WALLA, WA 5 $1,075,000 $215,000 $4,020 3.90%
ROCHESTER, MN 3 $1,055,000 $351,667 $3,518 3.04%
SCRANTON--WILKES-BARRE, PA 4 $1,020,000 $255,000 $7,024 3.12%
VALDOSTA, GA 4 $1,010,000 $252,500 $9,493 3.25%
CLEVELAND-ELYRIA, OH 6 $970,000 $161,667 $4,401 3.54%
HILTON HEAD ISLAND-BLUFFTON, SC 4 $950,000 $237,500 $6,062 3.09%
POCATELLO, ID 4 $940,000 $235,000 $4,794 3.34%
HOMOSASSA SPRINGS, FL 7 $905,000 $129,286 $3,697 3.91%
FORT COLLINS, CO 2 $860,000 $430,000 $4,248 3.31%
GREELEY, CO 2 $850,000 $425,000 $2,683 2.88%
EAST STROUDSBURG, PA 6 $830,000 $138,333 $5,712 3.31%
BELLINGHAM, WA 2 $810,000 $405,000 $5,932 3.06%
ST. CLOUD, MN 4 $790,000 $197,500 $4,994 3.38%
LANSING-EAST LANSING, MI 4 $790,000 $197,500 $3,890 3.09%
SOUTH BEND-MISHAWAKA, IN-MI 2 $780,000 $390,000 $5,252 3.19%
LEWISTON-AUBURN, ME 3 $735,000 $245,000 $3,611 3.00%
RALEIGH-CARY, NC 2 $730,000 $365,000 $6,519 3.13%
WINCHESTER, VA-WV 2 $700,000 $350,000 $5,047 3.31%
BLACKSBURG-CHRISTIANSBURG, VA 3 $695,000 $231,667 $6,201 2.71%
BEND, OR 2 $690,000 $345,000 $4,635 3.88%
VINELAND-BRIDGETON, NJ 4 $670,000 $167,500 $4,844 3.53%
REDDING, CA 3 $665,000 $221,667 $4,533 3.50%
CORPUS CHRISTI, TX 2 $660,000 $330,000 $3,870 3.31%
WILMINGTON, NC 2 $650,000 $325,000 $6,285 3.00%
SUMTER, SC 4 $620,000 $155,000 $6,321 3.88%
PENSACOLA-FERRY PASS-BRENT, FL 2 $620,000 $310,000 $7,343 3.69%
HARRISBURG-CARLISLE, PA 3 $605,000 $201,667 $7,081 3.46%
GAINESVILLE, FL 2 $590,000 $295,000 $3,997 2.99%
MORRISTOWN, TN 2 $590,000 $295,000 $2,394 3.13%
WENATCHEE, WA 2 $590,000 $295,000 $4,836 3.13%
THE VILLAGES, FL 3 $585,000 $195,000 $6,050 3.50%
ANN ARBOR, MI 2 $570,000 $285,000 $4,611 2.81%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 4 $570,000 $142,500 $5,338 4.09%
WINSTON-SALEM, NC 3 $505,000 $168,333 $7,236 3.75%
COLUMBUS, IN 2 $500,000 $250,000 $6,940 2.88%
LAKE HAVASU CITY-KINGMAN, AZ 3 $495,000 $165,000 $4,672 3.71%
YUMA, AZ 2 $480,000 $240,000 $6,853 3.44%
NILES, MI 2 $460,000 $230,000 $2,718 3.00%
SIERRA VISTA-DOUGLAS, AZ 3 $455,000 $151,667 $6,784 4.04%
EL PASO, TX 3 $435,000 $145,000 $4,740 3.58%
MONROE, MI 2 $410,000 $205,000 $6,053 3.13%
ALBANY-LEBANON, OR 1 $405,000 $405,000 $4,502 3.88%
AUGUSTA-RICHMOND COUNTY, GA-SC 2 $400,000 $200,000 $8,702 3.38%
ABILENE, TX 1 $395,000 $395,000 $7,550 2.38%
JOHNSON CITY, TN 1 $395,000 $395,000 $7,947 3.63%
YORK-HANOVER, PA 1 $395,000 $395,000 $11,746 3.63%
GARY, IN 2 $390,000 $195,000 $3,328 3.44%
BOWLING GREEN, KY 2 $380,000 $190,000 $3,328 3.56%
JACKSON, MI 2 $380,000 $190,000 $6,187 3.25%
KNOXVILLE, TN 2 $370,000 $185,000 $3,312 3.69%
SAN RAFAEL, CA 1 $365,000 $365,000 $5,332 3.00%
ALTOONA, PA 1 $345,000 $345,000 $17,205 2.75%
BOULDER, CO 1 $335,000 $335,000 $2,651 3.00%
HANFORD-CORCORAN, CA 2 $330,000 $165,000 $4,265 3.88%
WAUSAU-WESTON, WI 2 $330,000 $165,000 $3,485 3.62%
LAFAYETTE-WEST LAFAYETTE, IN 1 $315,000 $315,000 $2,312 3.00%
PITTSFIELD, MA 1 $305,000 $305,000 $2,587 3.00%
CHAMPAIGN-URBANA, IL 1 $305,000 $305,000 $7,579 2.88%
BANGOR, ME 1 $305,000 $305,000 $4,357 3.25%
SIOUX FALLS, SD 1 $295,000 $295,000 $2,022 3.25%
STAUNTON, VA 1 $285,000 $285,000 $8,482 3.38%
MIDLAND, TX 2 $280,000 $140,000 $6,262 3.44%
TUSCALOOSA, AL 1 $275,000 $275,000 $10,935 3.00%
LEWISTON, ID-WA 2 $270,000 $135,000 $5,885 2.88%
ALBANY, GA 1 $255,000 $255,000 $1,416 3.63%
SAN ANGELO, TX 1 $255,000 $255,000 $5,046 2.38%
EUGENE-SPRINGFIELD, OR 1 $255,000 $255,000 $8,812 3.88%
KINGSPORT-BRISTOL, TN-VA 2 $250,000 $125,000 $4,703 3.06%
VICTORIA, TX 1 $245,000 $245,000 $6,225 3.25%
SEBRING-AVON PARK, FL 1 $245,000 $245,000 $5,808 3.99%
CLARKSVILLE, TN-KY 2 $240,000 $120,000 $5,522 4.31%
MONTGOMERY, AL 2 $240,000 $120,000 $2,912 2.75%
HUNTSVILLE, AL 1 $235,000 $235,000 $5,529 3.13%
GRAND JUNCTION, CO 1 $235,000 $235,000 $2,900 3.99%
GREAT FALLS, MT 1 $235,000 $235,000 $8,714 3.00%
BROWNSVILLE-HARLINGEN, TX 1 $225,000 $225,000 $9,292 4.13%
GETTYSBURG, PA 1 $215,000 $215,000 $3,603 3.50%
FOND DU LAC, WI 1 $205,000 $205,000 $2,974 3.13%
HUNTINGTON-ASHLAND, WV-KY-OH 1 $195,000 $195,000 $8,118 2.75%
MANKATO, MN 1 $195,000 $195,000 $3,964 3.38%
TOLEDO, OH 1 $195,000 $195,000 $3,926 2.50%
AKRON, OH 1 $185,000 $185,000 $6,904 4.00%
BLOOMINGTON, IL 1 $175,000 $175,000 $7,627 3.50%
GREENSBORO-HIGH POINT, NC 1 $175,000 $175,000 $6,690 4.00%
SYRACUSE, NY 1 $175,000 $175,000 $4,772 2.88%
ROME, GA 1 $165,000 $165,000 $4,589 3.13%
HINESVILLE, GA 1 $165,000 $165,000 $776 3.63%
PITTSBURGH, PA 1 $155,000 $155,000 $3,751 3.13%
DECATUR, AL 1 $155,000 $155,000 $4,984 2.88%
OMAHA-COUNCIL BLUFFS, NE-IA 1 $145,000 $145,000 $4,609 4.13%
KALAMAZOO-PORTAGE, MI 1 $145,000 $145,000 $2,710 3.63%
MCALLEN-EDINBURG-MISSION, TX 1 $145,000 $145,000 $4,290 3.63%
OSHKOSH-NEENAH, WI 1 $135,000 $135,000 $2,854 2.99%
FLORENCE, SC 1 $125,000 $125,000 $4,779 3.50%
DALTON, GA 1 $125,000 $125,000 $6,461 3.63%
SPRINGFIELD, OH 1 $125,000 $125,000 $2,741 4.25%
ST. LOUIS, MO-IL 1 $115,000 $115,000 $5,541 4.50%
GREEN BAY, WI 1 $115,000 $115,000 $3,498 3.63%
ALBANY-SCHENECTADY-TROY, NY 1 $25,000 $25,000 $3,967 5.13%

Envoy Mortgage Ltd's top markets include New York, Houston, San Luis Obispo, Cambridge, and Kennewick among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 10,450 $2,819,810,000 $269,838
2.5-3% 5,861 $1,854,055,000 $316,338
4-5% 1,334 $260,680,000 $195,412
<2.5% 647 $179,865,000 $277,998
5-6% 63 $11,815,000 $187,540
6-7% 5 $1,385,000 $277,000
7-8% 3 $1,035,000 $345,000
Over 8% 1 $105,000 $105,000

During 2020, Envoy Mortgage Ltd's average interest rate was 3.41%, while their most frequently originated rate bucket was 3-4%, with 10,450 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 9,207 $2,635,905,000 $286,294 $5,626 3.27%
$100k-200k 4,922 $764,810,000 $155,386 $4,813 3.45%
$400k-600k 2,752 $1,299,210,000 $472,097 $6,066 3.17%
$100,000 or less 1,242 $75,160,000 $60,515 $3,050 3.60%
$600k-1MM 444 $308,270,000 $694,302 $8,106 3.23%
$1MM+ 39 $47,045,000 $1,206,282 $11,436 3.09%

2020 saw Envoy Mortgage Ltd place emphasis on $200k-400k loans with 9,207 originations, totaling $2,635,905,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 4,458 $960,040,000 $215,352 $5,536 3.38%
$100k-150k 3,956 $1,280,830,000 $323,769 $5,466 3.27%
$75k-100k 3,399 $917,425,000 $269,910 $5,620 3.33%
$50k or less 3,349 $576,765,000 $172,220 $4,964 3.41%
$150k-250k 2,637 $1,021,595,000 $387,408 $5,191 3.21%
$250k+ 807 $373,745,000 $463,129 $5,325 3.19%

Envoy Mortgage Ltd lent most frequently to those with incomes in the $50k-75k range, with 4,458 originations. The second most popular income band? $100k-150k, with 3,956 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,656 $1,014,530,000 $277,497 $4,566 3.24%
30-36% 3,320 $914,410,000 $275,425 $5,054 3.34%
<20% 1,859 $477,525,000 $256,872 $3,730 3.10%
44% 870 $241,170,000 $277,207 $6,033 3.42%
50-60% 815 $225,245,000 $276,374 $8,695 3.38%
43% 752 $203,220,000 $270,239 $5,778 3.39%
42% 740 $207,320,000 $280,162 $5,748 3.41%
40% 721 $197,355,000 $273,724 $5,577 3.38%
41% 676 $186,210,000 $275,459 $5,671 3.38%
39% 665 $186,395,000 $280,293 $5,612 3.39%
37% 661 $181,025,000 $273,865 $5,387 3.36%
38% 649 $178,125,000 $274,461 $5,401 3.37%
36% 573 $162,345,000 $283,325 $5,385 3.37%
49% 570 $160,170,000 $281,000 $6,501 3.38%
45% 510 $151,910,000 $297,863 $6,242 3.33%
47% 494 $136,880,000 $277,085 $6,138 3.37%
48% 470 $133,200,000 $283,404 $6,636 3.34%
46% 438 $122,300,000 $279,224 $5,940 3.37%
>60% 167 $51,065,000 $305,778 $7,783 3.24%

Envoy Mortgage Ltd lent most frequently to those with DTI ratios of 20-30%, with 3,656 originations. The next most common DTI ratio? 30-36%, with 3,320 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 14,936 $4,085,200,000 $273,514 $5,201 3.32%
Not provided 1,499 $439,195,000 $292,992 $5,657 3.26%
Black 1,371 $341,535,000 $249,114 $6,684 3.45%
Asian 548 $187,150,000 $341,515 $6,028 3.24%
American Indian 115 $28,395,000 $246,913 $5,753 3.25%
Asian Indian 45 $18,275,000 $406,111 $5,428 3.27%
Other Asian 20 $6,390,000 $319,500 $5,009 3.26%
Filipino 15 $5,685,000 $379,000 $5,626 3.28%
Native Hawaiian 15 $3,895,000 $259,667 $5,752 3.54%
Korean 9 $3,885,000 $431,667 $5,021 2.93%
Japanese 7 $2,725,000 $389,286 $6,137 3.38%
Chinese 9 $2,555,000 $283,889 $5,030 2.97%
Vietnamese 6 $2,070,000 $345,000 $3,810 3.10%
Native Hawiian 2 $1,000,000 $500,000 $3,900 3.44%
Other Pacific Islander 4 $1,000,000 $250,000 $7,224 2.94%
Samoan 3 $785,000 $261,667 $3,873 4.00%
Guamanian 2 $660,000 $330,000 $5,614 2.75%

Approval Rates

Total approvals of all applications
91.85%

Envoy Mortgage Ltd has an average approval rate.

Pick Rate

Approvals leading to origination
74.81%

Envoy Mortgage Ltd has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 18,606 $5,130,400,000 $275,739

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 391 $61,785,000 $158,018
Single Family (1-4 Units):Site-Built 18,215 $5,068,615,000 $278,266

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 490 $109,670,000 $223,816 $3,867 3.09%
40-60% 1,869 $529,935,000 $283,539 $3,879 3.09%
60-80% 5,607 $1,737,175,000 $309,823 $4,455 3.28%
80-100% 9,913 $2,622,415,000 $264,543 $6,173 3.40%
Over 100% 388 $122,370,000 $315,387 $11,749 3.29%
Under 20% 339 $8,835,000 $26,062 $418 2.25%