Accelerate Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300JHSXRPXKX47M78

Tax ID: 82-3388360

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Accelerate Mortgage is a smaller mortgage company specializing in Refi loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Washington, Virginia Beach, San Diego, Phoenix, and Philadelphia among others. We have data for 186 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Accelerate Mortgage 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. Accelerate Mortgage 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.


    Originations

    655

    Origination Dollar Volume (All Markets)

    $196,135,000
    Show all (14) awards

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 37 $16,355,000 $442,027 $8,508 2.43%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 22 $7,130,000 $324,091 $7,353 2.37%
    Outside of Metro Areas 25 $5,925,000 $237,000 $5,175 2.35%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 11 $5,655,000 $514,091 $9,439 2.50%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 18 $5,480,000 $304,444 $6,080 2.31%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 15 $5,215,000 $347,667 $8,859 2.47%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 10 $4,740,000 $474,000 $7,449 2.35%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 10 $4,280,000 $428,000 $8,514 2.41%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 14 $4,260,000 $304,286 $6,803 2.32%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 14 $3,930,000 $280,714 $5,929 2.48%
    JACKSONVILLE, FL (FHA|USDA|VA) 14 $3,580,000 $255,714 $4,382 2.40%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 10 $3,460,000 $346,000 $6,322 2.41%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 10 $3,290,000 $329,000 $7,195 2.37%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 11 $3,265,000 $296,818 $6,557 2.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $3,005,000 $273,182 $4,785 2.27%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 8 $2,990,000 $373,750 $8,196 2.28%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 10 $2,920,000 $292,000 $5,378 2.36%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 10 $2,860,000 $286,000 $5,747 2.40%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,690,000 $336,250 $9,757 2.56%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,520,000 $315,000 $5,968 2.31%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $2,490,000 $249,000 $4,932 2.34%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $2,340,000 $390,000 $10,023 2.48%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $2,255,000 $322,143 $8,474 2.52%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $1,885,000 $269,286 $5,591 2.29%
    ALBUQUERQUE, NM (FHA|USDA|VA) 8 $1,870,000 $233,750 $4,741 2.58%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 6 $1,770,000 $295,000 $6,590 2.46%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $1,765,000 $252,143 $6,978 2.30%
    RICHMOND, VA (FHA|USDA|VA) 6 $1,730,000 $288,333 $5,969 2.33%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 7 $1,725,000 $246,429 $7,164 2.50%
    COLUMBIA, SC (FHA|USDA|VA) 7 $1,715,000 $245,000 $7,655 2.41%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 4 $1,590,000 $397,500 $8,369 2.50%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,550,000 $258,333 $5,863 2.29%
    JACKSONVILLE, NC (FHA|USDA|VA) 7 $1,465,000 $209,286 $5,154 2.50%
    ANCHORAGE, AK (FHA|USDA|VA) 4 $1,390,000 $347,500 $6,806 2.31%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,380,000 $345,000 $7,376 2.25%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,340,000 $335,000 $8,067 2.44%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $1,335,000 $445,000 $7,940 2.25%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,325,000 $265,000 $5,353 2.50%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,320,000 $220,000 $4,659 2.48%
    BILLINGS, MT (FHA|USDA|VA) 4 $1,300,000 $325,000 $11,906 2.37%
    RALEIGH-CARY, NC (FHA|USDA|VA) 5 $1,295,000 $259,000 $6,323 2.25%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,270,000 $317,500 $8,754 2.37%
    SALISBURY, MD-DE (FHA|USDA|VA) 5 $1,145,000 $229,000 $5,137 2.35%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $4,630 2.37%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $1,095,000 $365,000 $7,340 2.33%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 4 $1,090,000 $272,500 $5,987 2.28%
    MONTGOMERY, AL (FHA|USDA|VA) 4 $1,080,000 $270,000 $5,069 2.25%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $1,055,000 $351,667 $6,162 2.75%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 4 $1,050,000 $262,500 $4,918 2.34%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,035,000 $207,000 $4,608 2.25%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $1,005,000 $201,000 $5,526 2.38%
    Roseburg, OR (FHA|USDA|VA) 2 $980,000 $490,000 $8,654 2.37%
    ROANOKE, VA (FHA|USDA|VA) 2 $970,000 $485,000 $2,823 2.69%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $920,000 $230,000 $5,347 2.31%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $915,000 $305,000 $8,079 2.25%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $865,000 $288,333 $3,852 2.25%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $855,000 $285,000 $13,842 2.92%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $840,000 $210,000 $5,411 2.56%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 4 $840,000 $210,000 $4,093 2.28%
    FARMINGTON, NM (FHA|USDA|VA) 3 $805,000 $268,333 $5,657 2.33%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $805,000 $268,333 $4,925 2.46%
    YUBA CITY, CA (FHA|USDA|VA) 2 $790,000 $395,000 $7,930 2.25%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $785,000 $261,667 $4,849 2.33%
    Concord, NH (FHA|USDA|VA) 2 $770,000 $385,000 $8,808 2.25%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $745,000 $248,333 $7,573 2.25%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $745,000 $248,333 $5,799 2.29%
    LANCASTER, PA (FHA|USDA|VA) 3 $745,000 $248,333 $5,859 2.63%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $725,000 $725,000 $16,832 2.25%
    TULSA, OK (FHA|USDA|VA) 3 $705,000 $235,000 $6,893 2.33%
    ROCHESTER, MN (FHA|USDA|VA) 3 $685,000 $228,333 $6,802 3.58%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $685,000 $228,333 $6,328 2.33%
    DOTHAN, AL (FHA|USDA|VA) 3 $675,000 $225,000 $5,336 2.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $675,000 $225,000 $8,135 2.33%
    SANTA FE, NM (FHA|USDA|VA) 1 $675,000 $675,000 $15,280 2.25%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $660,000 $330,000 $6,016 2.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $645,000 $215,000 $3,212 2.33%
    LAWTON, OK (FHA|USDA|VA) 3 $645,000 $215,000 $6,902 2.25%
    EL PASO, TX (FHA|USDA|VA) 3 $645,000 $215,000 $4,200 2.25%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $640,000 $320,000 $3,020 2.37%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $630,000 $315,000 $6,068 2.69%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $605,000 $201,667 $7,016 2.83%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $600,000 $300,000 $4,091 2.37%
    Augusta-Waterville, ME (FHA|USDA|VA) 3 $595,000 $198,333 $5,155 2.25%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $590,000 $295,000 $7,254 2.25%
    WILMINGTON, NC (FHA|USDA|VA) 2 $590,000 $295,000 $4,686 2.63%
    WINCHESTER, VA-WV (FHA|USDA|VA) 2 $580,000 $290,000 $8,582 2.37%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $560,000 $280,000 $4,588 3.00%
    DOVER, DE (FHA|USDA|VA) 2 $560,000 $280,000 $4,204 2.37%
    Key West, FL (FHA|USDA|VA) 1 $555,000 $555,000 $8,631 2.25%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $7,185 2.25%
    GREELEY, CO (FHA|USDA|VA) 1 $525,000 $525,000 $6,393 2.25%
    GRAND ISLAND, NE (FHA|USDA|VA) 2 $520,000 $260,000 $6,962 2.50%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $520,000 $260,000 $6,839 2.25%
    Alamogordo, NM (FHA|USDA|VA) 3 $515,000 $171,667 $4,796 2.58%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $510,000 $255,000 $5,778 2.50%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $510,000 $255,000 $5,845 2.37%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $495,000 $495,000 $8,795 2.25%
    Cullman, AL (FHA|USDA|VA) 2 $490,000 $245,000 $4,428 2.75%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $480,000 $240,000 $4,510 2.37%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $470,000 $235,000 $3,997 2.37%
    Kalispell, MT (FHA|USDA|VA) 1 $465,000 $465,000 $9,696 2.25%
    MISSOULA, MT (FHA|USDA|VA) 2 $460,000 $230,000 $6,822 2.25%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $455,000 $455,000 $11,505 2.25%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $455,000 $455,000 $7,828 2.50%
    LINCOLN, NE (FHA|USDA|VA) 2 $440,000 $220,000 $5,260 2.25%
    MADERA, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,473 2.99%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $430,000 $215,000 $6,066 2.44%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $420,000 $210,000 $4,154 2.37%
    VALLEJO, CA (FHA|USDA|VA) 1 $415,000 $415,000 $7,701 2.25%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $410,000 $205,000 $5,441 2.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $400,000 $200,000 $5,891 2.25%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $400,000 $200,000 $5,668 2.25%
    COLUMBUS, GA-AL (FHA|USDA|VA) 2 $390,000 $195,000 $4,454 2.25%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $390,000 $195,000 $3,949 2.25%
    The Dalles, OR (FHA|USDA|VA) 1 $385,000 $385,000 $10,587 2.50%
    LONGVIEW, WA (FHA|USDA|VA) 2 $380,000 $190,000 $2,542 2.50%
    Elizabeth City, NC (FHA|USDA|VA) 1 $375,000 $375,000 $8,787 2.25%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $370,000 $185,000 $5,267 2.25%
    OCALA, FL (FHA|USDA|VA) 1 $365,000 $365,000 $9,698 2.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $355,000 $355,000 $5,043 2.50%
    Bozeman, MT (FHA|USDA|VA) 1 $355,000 $355,000 $8,434 2.25%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $345,000 $345,000 $8,869 2.88%
    NEW BERN, NC (FHA|USDA|VA) 1 $335,000 $335,000 $7,616 2.25%
    FLORENCE, SC (FHA|USDA|VA) 1 $335,000 $335,000 $3,857 2.50%
    REDDING, CA (FHA|USDA|VA) 1 $325,000 $325,000 $8,277 2.25%
    MEDFORD, OR (FHA|USDA|VA) 1 $325,000 $325,000 $3,452 2.25%
    SALEM, OR (FHA|USDA|VA) 1 $315,000 $315,000 $7,393 2.25%
    Astoria, OR (FHA|USDA|VA) 1 $315,000 $315,000 $8,870 2.25%
    MODESTO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $7,445 2.25%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $295,000 $295,000 $4,727 4.75%
    Fremont, NE (FHA|USDA|VA) 1 $295,000 $295,000 $7,961 2.25%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $295,000 $295,000 $7,245 2.25%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $285,000 $285,000 $4,819 2.25%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $285,000 $285,000 $5,731 3.50%
    TUCSON, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $5,409 2.25%
    Klamath Falls, OR (FHA|USDA|VA) 1 $275,000 $275,000 $4,250 2.25%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $275,000 $275,000 $5,401 2.25%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $275,000 $275,000 $4,762 2.25%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $2,338 2.25%
    Georgetown, SC (FHA|USDA|VA) 1 $275,000 $275,000 $9,772 2.75%
    Jennings, LA (FHA|USDA|VA) 1 $275,000 $275,000 $8,491 2.25%
    Stephenville, TX (FHA|USDA|VA) 1 $265,000 $265,000 $6,705 2.38%
    Red Wing, MN (FHA|USDA|VA) 1 $265,000 $265,000 $5,818 2.25%
    Opelousas, LA (FHA|USDA|VA) 1 $255,000 $255,000 $8,110 2.25%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $255,000 $255,000 $6,702 2.75%
    Helena, MT (FHA|USDA|VA) 1 $255,000 $255,000 $2,906 2.50%
    DANVILLE, IL (FHA|USDA|VA) 1 $245,000 $245,000 $6,007 2.25%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $245,000 $245,000 $7,538 2.50%
    ODESSA, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,607 2.50%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $235,000 $235,000 $2,281 2.50%
    LONGVIEW, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,656 2.25%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $235,000 $235,000 $7,084 2.50%
    Show Low, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $5,049 2.25%
    Hobbs, NM (FHA|USDA|VA) 1 $235,000 $235,000 $6,631 2.25%
    RACINE, WI (FHA|USDA|VA) 1 $225,000 $225,000 $5,652 2.25%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $5,735 2.49%
    FRESNO, CA (FHA|USDA|VA) 1 $225,000 $225,000 $6,141 2.38%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $215,000 $215,000 $4,573 2.25%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $215,000 $215,000 $6,683 2.50%
    Paris, TN (FHA|USDA|VA) 1 $215,000 $215,000 $6,683 2.50%
    Coos Bay, OR (FHA|USDA|VA) 1 $215,000 $215,000 $3,523 2.25%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $205,000 $205,000 $4,332 2.25%
    FLINT, MI (FHA|USDA|VA) 1 $205,000 $205,000 $4,108 2.25%
    Mount Airy, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,901 2.25%
    MONROE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $2,947 2.25%
    Coldwater, MI (FHA|USDA|VA) 1 $205,000 $205,000 $4,796 3.25%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $205,000 $205,000 $6,367 2.25%
    Huntingdon, PA (FHA|USDA|VA) 1 $205,000 $205,000 $6,112 2.25%
    YUMA, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $5,544 2.25%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $195,000 $195,000 $4,621 2.25%
    LUBBOCK, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,340 2.25%
    ERIE, PA (FHA|USDA|VA) 1 $195,000 $195,000 $5,835 2.25%
    Shawnee, OK (FHA|USDA|VA) 1 $195,000 $195,000 $3,282 2.25%
    CLEVELAND, TN (FHA|USDA|VA) 1 $185,000 $185,000 $2,615 2.25%
    Searcy, AR (FHA|USDA|VA) 1 $185,000 $185,000 $6,137 2.25%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $185,000 $185,000 $5,122 2.25%
    SUMTER, SC (FHA|USDA|VA) 1 $185,000 $185,000 $3,598 2.50%
    Enterprise, AL (FHA|USDA|VA) 1 $185,000 $185,000 $5,684 2.25%
    Adrian, MI (FHA|USDA|VA) 1 $185,000 $185,000 $5,244 2.25%
    EL CENTRO, CA (FHA|USDA|VA) 1 $175,000 $175,000 $2,502 2.25%
    Ludington, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,183 2.50%
    Fergus Falls, MN (FHA|USDA|VA) 1 $175,000 $175,000 $5,629 2.50%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,765 2.25%
    Scottsboro, AL (FHA|USDA|VA) 1 $165,000 $165,000 $4,664 2.25%
    MANHATTAN, KS (FHA|USDA|VA) 1 $145,000 $145,000 $3,291 2.25%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,987 2.25%
    Accelerate Mortgage's top markets include Washington, Virginia Beach, San Diego, Phoenix, and Philadelphia among others.

    Their top states include:
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Similar Lenders

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    Similarity Rank: 384
    AAXY L.L.C.
    Similarity Rank: 387

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 654 $195,830,000 $299,434 $6,482 2.40%
    FHA 1 $305,000 $305,000 $9,392 2.75%

    For 2020, Accelerate Mortgage's most frequently originated type of loan was VA, with 654 originations. Their 2nd most popular type was FHA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 616 $182,800,000 $296,753 $6,047 2.36%
    Cash Out Refi 38 $13,030,000 $342,895 $13,539 2.98%
    Home Purchase 1 $305,000 $305,000 $9,392 2.75%

    For 2020, Accelerate Mortgage's most frequently cited loan purpose was Refi, with 616 originations. The 2nd most popular reason was Cash Out Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 631 $189,475,000 $300,277 $6,495 2.40%
    Other 19 $5,455,000 $287,105 $6,177 2.37%
    20 Year 5 $1,205,000 $241,000 $6,703 2.30%

    For 2020, Accelerate Mortgage's most frequently cited loan duration was 30 Year, with 631 originations. The 2nd most popular length was Other, with 19 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 168 $69,900,000 $416,071
    $3k-4k 128 $30,420,000 $237,656
    $4k-5k 103 $28,935,000 $280,922
    $<1k 88 $25,510,000 $289,886
    $1k-2k 84 $20,890,000 $248,690
    $2k-3k 84 $20,480,000 $243,810

    Accelerate Mortgage's average total fees were $6,495, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 168 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 581 $172,255,000 $296,480
    2.5-3% 37 $11,615,000 $313,919
    3-4% 34 $11,230,000 $330,294
    4-5% 3 $1,035,000 $345,000

    During 2020, Accelerate Mortgage's average interest rate for loans was 2.40%, while their most frequently originated rate bucket for loans was <2.5%, with 581 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 414 $115,110,000 $278,043 $6,125 2.39%
    $100k-200k 131 $23,345,000 $178,206 $4,570 2.36%
    $400k-600k 81 $37,585,000 $464,012 $8,842 2.48%
    $600k-1MM 27 $18,975,000 $702,778 $14,122 2.41%
    $100,000 or less 1 $85,000 $85,000 $2,952 2.50%
    $1MM+ 1 $1,035,000 $1,035,000 $13,882 2.25%

    2020 saw Accelerate Mortgage place emphasis on $200k-400k loans with 414 originations, totaling $115,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 597 $177,285,000 $296,960 $6,090 2.35%
    $75k-100k 20 $5,420,000 $271,000 $9,473 2.89%
    $100k-150k 13 $4,605,000 $354,231 $13,839 2.80%
    $50k-75k 12 $3,160,000 $263,333 $8,662 3.00%
    $150k-250k 7 $2,935,000 $419,286 $11,347 2.52%
    $250k+ 2 $1,140,000 $570,000 $18,638 3.12%

    Accelerate Mortgage lent most frequently to those with incomes in the $50k or less range, with 597 originations. The second most popular income band? $75k-100k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 17 $5,675,000 $333,824 $12,028 2.78%
    <20% 13 $4,535,000 $348,846 $6,354 2.94%
    30-36% 8 $2,490,000 $311,250 $11,989 3.19%
    42% 4 $1,440,000 $360,000 $11,282 3.09%
    49% 3 $1,335,000 $445,000 $13,146 2.74%
    46% 2 $570,000 $285,000 $9,951 2.63%
    48% 2 $540,000 $270,000 $6,703 4.25%
    39% 2 $510,000 $255,000 $5,784 3.38%
    43% 2 $760,000 $380,000 $17,280 3.00%
    41% 2 $580,000 $290,000 $8,656 3.44%
    50-60% 1 $285,000 $285,000 $20,247 2.75%
    40% 1 $245,000 $245,000 $6,007 2.25%
    37% 1 $355,000 $355,000 $21,853 2.50%
    44% 1 $355,000 $355,000 $22,939 2.50%

    Accelerate Mortgage lent most frequently to those with DTI ratios of 20-30%, with 17 originations. The next most common DTI ratio? <20%, with 13 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 489 $146,185,000 $298,947 $6,579 2.42%
    Black 96 $30,520,000 $317,917 $6,473 2.34%
    Not provided 54 $14,600,000 $270,370 $5,962 2.33%
    Asian 9 $2,655,000 $295,000 $5,405 2.28%
    American Indian 4 $1,310,000 $327,500 $5,036 2.28%
    Native Hawaiian or Islander 3 $865,000 $288,333 $6,644 2.25%

    Approval Rates

    Total approvals of all applications
    76.64%

    Accelerate Mortgage has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    -1.22%

    Accelerate Mortgage 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 655 $196,135,000 $299,443

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 5 $925,000 $185,000
    Single Family (1-4 Units):Site-Built 650 $195,210,000 $300,323

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $400,000 $200,000 $5,388 2.25%
    40-60% 27 $6,435,000 $238,333 $5,712 2.35%
    60-80% 267 $70,235,000 $263,052 $5,757 2.35%
    80-100% 357 $118,615,000 $332,255 $7,100 2.44%
    Over 100% 1 $215,000 $215,000 $5,388 2.75%
    Under 20% 1 $235,000 $235,000 $6,684 2.25%