Highlands Residential Mortgage Ltd. Rates, Fees & Info
AUSTIN, TXLEI: 549300KHXD7JSQUZIJ22
Tax ID: 75-2269700
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Mortgage Data
Review & Overview
Highlands Residential Mortgage Ltd. is a smaller mortgage company specializing in Home Purchase loans. Highlands Residential 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 by origination volume include: Charlotte, Miami, Detroit, Greensboro, and Houston among others. We have data for 144 markets. (Some data included below & more in-depth data is available with an active subscription.)Highlands Residential Mortgage Ltd. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Highlands Residential Mortgage Ltd. is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.80% | 11/17/24 |
| 30 Year Conventional Refi | 6.77% | 11/17/24 |
| 30 Year Cash-out Refi | 6.92% | 11/17/24 |
| 30 Year FHA Purchase | 7.58% | 11/17/24 |
| 30 Year FHA Refi | 7.19% | 11/17/24 |
| 30 Year VA Purchase | 6.38% | 11/17/24 |
| 30 Year VA Refi | 6.21% | 11/17/24 |
| 30 Year USDA Purchase | 6.95% | 11/17/24 |
| 30 Year USDA Refi | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 5.25% | 11/17/24 |
| 15 Year Conventional Refi | 6.19% | 11/17/24 |
| 15 Year Cash-out Refi | 6.19% | 11/17/24 |
| 15 Year FHA Purchase | 7.81% | 11/17/24 |
| 15 Year FHA Refi | 5.68% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Highlands Residential Mortgage Ltd. Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,909Origination Dollar Volume (All Markets)
$839,755,000Awards
HIGHLANDS RESIDENTIAL MORTGAGE LTD. - 2019
HIGHLANDS RESIDENTIAL MORTGAGE LTD. is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 317 | $85,405,000 | $269,416 | $4,402 | 4.14% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 293 | $75,885,000 | $258,993 | $5,884 | 4.52% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 289 | $62,855,000 | $217,491 | $4,302 | 4.22% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 294 | $59,460,000 | $202,245 | $4,064 | 4.09% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 214 | $49,930,000 | $233,318 | $6,075 | 4.34% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 210 | $49,260,000 | $234,571 | $3,847 | 4.22% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 179 | $48,785,000 | $272,542 | $5,564 | 4.07% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 255 | $45,755,000 | $179,431 | $4,469 | 4.05% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 166 | $32,270,000 | $194,398 | $4,788 | 4.23% |
| WILMINGTON, NC (FHA|USDA|VA) | 130 | $30,830,000 | $237,154 | $4,089 | 4.20% |
| ASHEVILLE, NC (FHA|USDA|VA) | 149 | $30,535,000 | $204,933 | $4,367 | 4.41% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 130 | $26,160,000 | $201,231 | $3,904 | 4.32% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 75 | $24,265,000 | $323,533 | $4,578 | 4.08% |
| Durango, CO (FHA|USDA|VA) | 49 | $16,035,000 | $327,245 | $3,821 | 4.14% |
| Outside of Metro Areas | 86 | $15,500,000 | $180,233 | $4,208 | 4.24% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 89 | $15,325,000 | $172,191 | $4,181 | 4.33% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 93 | $15,015,000 | $161,452 | $4,195 | 3.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 77 | $14,415,000 | $187,208 | $7,030 | 4.67% |
| El Dorado, AR (FHA|USDA|VA) | 52 | $10,160,000 | $195,385 | $3,853 | 4.27% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 48 | $8,410,000 | $175,208 | $4,460 | 3.96% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 15 | $7,455,000 | $497,000 | $10,862 | 4.96% |
| JONESBORO, AR (FHA|USDA|VA) | 44 | $6,490,000 | $147,500 | $3,960 | 4.19% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 19 | $5,365,000 | $282,368 | $5,524 | 4.40% |
| ANN ARBOR, MI (FHA|USDA|VA) | 21 | $4,815,000 | $229,286 | $3,817 | 4.03% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 16 | $4,590,000 | $286,875 | $4,548 | 4.46% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 18 | $4,540,000 | $252,222 | $5,544 | 4.60% |
| Paragould, AR (FHA|USDA|VA) | 32 | $4,180,000 | $130,625 | $3,791 | 4.27% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 40 | $4,040,000 | $101,000 | $3,721 | 4.35% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 23 | $3,945,000 | $171,522 | $4,444 | 4.35% |
| FLINT, MI (FHA|USDA|VA) | 21 | $3,935,000 | $187,381 | $4,798 | 4.12% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 46 | $3,820,000 | $83,043 | $3,456 | 4.76% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 24 | $3,490,000 | $145,417 | $4,977 | 4.53% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 14 | $3,140,000 | $224,286 | $4,253 | 4.09% |
| Brevard, NC (FHA|USDA|VA) | 13 | $2,685,000 | $206,538 | $4,126 | 4.36% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $2,425,000 | $186,538 | $5,873 | 4.30% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 11 | $2,335,000 | $212,273 | $5,029 | 4.32% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 14 | $2,330,000 | $166,429 | $4,148 | 4.17% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 21 | $2,165,000 | $103,095 | $3,232 | 4.77% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 19 | $2,145,000 | $112,895 | $3,409 | 4.73% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 14 | $2,070,000 | $147,857 | $3,296 | 4.15% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 12 | $1,940,000 | $161,667 | $4,363 | 4.56% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 8 | $1,820,000 | $227,500 | $6,647 | 3.98% |
| CLEVELAND, TN (FHA|USDA|VA) | 10 | $1,760,000 | $176,000 | $4,889 | 3.69% |
| Cullowhee, NC (FHA|USDA|VA) | 8 | $1,650,000 | $206,250 | $3,052 | 4.47% |
| BURLINGTON, NC (FHA|USDA|VA) | 9 | $1,645,000 | $182,778 | $3,634 | 4.25% |
| Searcy, AR (FHA|USDA|VA) | 8 | $1,440,000 | $180,000 | $4,966 | 4.50% |
| PINE BLUFF, AR (FHA|USDA|VA) | 8 | $1,360,000 | $170,000 | $6,371 | 4.33% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 5 | $1,245,000 | $249,000 | $5,471 | 4.10% |
| Boone, NC (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $3,333 | 4.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $3,839 | 4.29% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $3,993 | 5.00% |
| Forest City, NC (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $5,149 | 4.48% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $4,129 | 4.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $3,643 | 4.06% |
| GREENVILLE, NC (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $5,222 | 4.13% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $760,000 | $95,000 | $3,676 | 4.55% |
| MONTGOMERY, AL (FHA|USDA|VA) | 10 | $740,000 | $74,000 | $3,355 | 4.98% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 9 | $735,000 | $81,667 | $3,304 | 4.96% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $3,686 | 4.80% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $2,779 | 4.13% |
| ROANOKE, VA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,527 | 4.17% |
| Traverse City, MI (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $3,300 | 4.59% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $9,462 | 4.50% |
| Fort Payne, AL (FHA|USDA|VA) | 5 | $655,000 | $131,000 | $3,422 | 4.70% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $5,377 | 4.17% |
| MONROE, MI (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $5,367 | 3.83% |
| Summerville, GA (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $4,500 | 4.75% |
| Clewiston, FL (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $6,249 | 4.17% |
| JACKSON, MI (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,361 | 3.71% |
| Morehead City, NC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $2,949 | 4.44% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $3,970 | 4.63% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $5,388 | 4.19% |
| Marion, NC (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $5,709 | 4.56% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $2,797 | 5.00% |
| Mount Airy, NC (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $2,886 | 4.13% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 7 | $495,000 | $70,714 | $3,135 | 4.91% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,089 | 4.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $2,802 | 4.38% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,520 | 4.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,328 | 4.00% |
| Shelby, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,800 | 4.31% |
| Adrian, MI (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,259 | 3.94% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,617 | 3.75% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $6,796 | 4.25% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $1,918 | 4.25% |
| TYLER, TX (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $4,603 | 4.28% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,338 | 5.19% |
| FARMINGTON, NM (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,597 | 3.94% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $2,657 | 4.44% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,513 | 4.13% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,471 | 4.67% |
| Key West, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $8,503 | 6.38% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,979 | 4.13% |
| Athens, TN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,447 | 4.31% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,412 | 4.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,280 | 5.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.63% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,355 | 3.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,214 | 4.38% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,207 | 4.81% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,758 | 4.69% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,245 | 4.25% |
| Blytheville, AR (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,877 | 4.38% |
| TULSA, OK (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,972 | 5.06% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,565 | 4.25% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,266 | 4.63% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,462 | 4.81% |
| Paris, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,490 | 3.75% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,730 | 4.00% |
| Martinsville, VA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,776 | 4.00% |
| Seymour, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,788 | 3.63% |
| Washington, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,912 | 4.38% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,139 | 4.50% |
| Malvern, AR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,220 | 3.88% |
| Magnolia, AR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,086 | 4.25% |
| Minden, LA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,494 | 3.88% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,416 | 3.88% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,275 | 4.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,368 | 4.38% |
| Montrose, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,065 | 4.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,219 | 4.50% |
| Albertville, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,948 | 5.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,252 | 3.75% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,109 | 4.88% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,837 | 4.25% |
| Cadillac, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,761 | 3.88% |
| MONROE, LA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,374 | 4.63% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,870 | 4.81% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,148 | 3.88% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,826 | 4.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,309 | 4.75% |
| Camden, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,262 | 4.63% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,651 | 4.13% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,791 | 3.88% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,214 | 4.75% |
| Danville, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,210 | 5.75% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,804 | 4.25% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,022 | 4.50% |
| DALTON, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,064 | 4.75% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,745 | 4.25% |
| Brenham, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,794 | 4.88% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,994 | 4.75% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,427 | 4.25% |
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Product Mix
For 2019, Highlands Residential Mortgage Ltd.'s most frequently originated type of loan was Conventional, with 2,827 originations. Their 2nd most popular type was FHA, with 661 originations.
Loan Reason
For 2019, Highlands Residential Mortgage Ltd.'s most frequently cited loan purpose was Home Purchase, with 3,135 originations. The 2nd most popular reason was Refi, with 392 originations.
Loan Duration/Length
For 2019, Highlands Residential Mortgage Ltd.'s most frequently cited loan duration was 30 Year, with 3,661 originations. The 2nd most popular length was 15 Year, with 183 originations.
Origination Fees/Closing Costs
Highlands Residential Mortgage Ltd.'s average total fees were $4,665, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,799 originations.
Interest Rates
During 2019, Highlands Residential Mortgage Ltd.'s average interest rate for loans was 4.33%, while their most frequently originated rate bucket for loans was 4-5%, with 2,039 originations.
Loan Sizing
2019 saw Highlands Residential Mortgage Ltd. place emphasis on $100k-200k loans with 1,576 originations, totaling $238,230,000 in origination value.
Applicant Income
Highlands Residential Mortgage Ltd. lent most frequently to those with incomes in the $50k-75k range, with 994 originations. The second most popular income band? $50k or less, with 739 originations.
Applicant Debt to Income Ratio
Highlands Residential Mortgage Ltd. lent most frequently to those with DTI ratios of 20-30%, with 819 originations. The next most common DTI ratio? 30-36%, with 747 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.01%
Highlands Residential Mortgage Ltd. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.31%
Highlands Residential Mortgage Ltd. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,909 | $839,755,000 | $214,826 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 61 | $7,485,000 | $122,705 |
| Single Family (1-4 Units):Site-Built | 3,848 | $832,270,000 | $216,286 |