Highlands Residential Mortgage Ltd. Rates, Fees & Info

AUSTIN, TX

LEI: 549300KHXD7JSQUZIJ22

Tax ID: 75-2269700

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

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Mortgage Data

Review & Overview

Highlands Residential Mortgage Ltd. is a mid-sized mortgage company specializing in Home Purchase and Refi 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: Dallas, Nashville, Seattle, Washington, and Miami among others. We have data for 304 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 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.

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






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Highlands Residential Mortgage Ltd.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

18,213

Origination Dollar Volume (All Markets)

$4,803,395,000
Show all (39) 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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3,782 $1,075,930,000 $284,487 $5,817 3.15%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1,079 $319,355,000 $295,973 $4,160 3.10%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 680 $291,120,000 $428,118 $6,644 3.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 635 $265,965,000 $418,843 $5,354 2.94%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 721 $210,385,000 $291,796 $5,924 3.29%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 859 $196,605,000 $228,877 $3,844 3.17%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 665 $184,125,000 $276,880 $3,861 3.17%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 817 $173,195,000 $211,989 $3,697 3.12%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 475 $169,825,000 $357,526 $3,413 2.80%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 623 $157,485,000 $252,785 $5,752 3.17%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 601 $149,225,000 $248,295 $3,158 3.03%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 515 $118,655,000 $230,398 $3,526 3.06%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 530 $108,580,000 $204,868 $3,988 3.12%
Outside of Metro Areas 471 $98,825,000 $209,820 $4,628 3.17%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 280 $84,820,000 $302,929 $5,424 3.03%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 460 $83,770,000 $182,109 $3,997 3.26%
WILMINGTON, NC (FHA|USDA|VA) 300 $77,150,000 $257,167 $3,718 3.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 223 $73,325,000 $328,812 $4,101 3.07%
ASHEVILLE, NC (FHA|USDA|VA) 311 $66,565,000 $214,035 $4,470 3.24%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 261 $59,645,000 $228,525 $3,889 3.16%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 188 $46,970,000 $249,840 $6,068 2.97%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 219 $42,905,000 $195,913 $4,271 3.02%
BOULDER, CO (FHA|USDA|VA) 85 $38,435,000 $452,176 $3,411 2.71%
Durango, CO (FHA|USDA|VA) 112 $35,240,000 $314,643 $3,407 3.03%
Port Angeles, WA (FHA|USDA|VA) 129 $34,355,000 $266,318 $4,233 3.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 160 $32,060,000 $200,375 $3,487 3.18%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 118 $23,910,000 $202,627 $6,497 3.30%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 105 $21,895,000 $208,524 $3,769 3.17%
El Dorado, AR (FHA|USDA|VA) 105 $20,785,000 $197,952 $3,404 3.23%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 94 $19,920,000 $211,915 $4,889 3.34%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 172 $16,920,000 $98,372 $3,521 3.72%
TYLER, TX (FHA|USDA|VA) 77 $16,895,000 $219,416 $5,843 3.28%
JACKSONVILLE, FL (FHA|USDA|VA) 113 $16,045,000 $141,991 $3,565 3.57%
PORT ST. LUCIE, FL (FHA|USDA|VA) 60 $14,550,000 $242,500 $4,874 3.16%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 66 $14,310,000 $216,818 $4,098 3.23%
ANN ARBOR, MI (FHA|USDA|VA) 60 $13,650,000 $227,500 $3,923 3.10%
Athens, TX (FHA|USDA|VA) 44 $13,010,000 $295,682 $5,233 3.04%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 57 $12,865,000 $225,702 $4,466 3.34%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 44 $12,450,000 $282,955 $5,450 2.84%
SHERMAN-DENISON, TX (FHA|USDA|VA) 47 $11,705,000 $249,043 $5,390 3.20%
Paragould, AR (FHA|USDA|VA) 58 $10,290,000 $177,414 $3,921 3.32%
Cullowhee, NC (FHA|USDA|VA) 41 $9,615,000 $234,512 $4,481 3.16%
FLINT, MI (FHA|USDA|VA) 46 $9,420,000 $204,783 $3,990 3.14%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 56 $9,340,000 $166,786 $4,063 3.10%
ST. LOUIS, MO-IL (FHA|USDA|VA) 77 $8,895,000 $115,519 $3,180 3.16%
TEXARKANA, TX-AR (FHA|USDA|VA) 46 $8,820,000 $191,739 $4,339 3.36%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 32 $8,420,000 $263,125 $6,441 2.79%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 29 $8,395,000 $289,483 $3,557 3.09%
KANSAS CITY, MO-KS (FHA|USDA|VA) 88 $8,180,000 $92,955 $3,080 3.93%
GREELEY, CO (FHA|USDA|VA) 25 $7,525,000 $301,000 $3,429 2.80%
JONESBORO, AR (FHA|USDA|VA) 43 $7,065,000 $164,302 $3,975 3.22%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 27 $6,595,000 $244,259 $4,021 3.27%
HOT SPRINGS, AR (FHA|USDA|VA) 27 $6,375,000 $236,111 $3,009 3.04%
LUBBOCK, TX (FHA|USDA|VA) 26 $5,940,000 $228,462 $5,909 3.09%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 65 $5,425,000 $83,462 $2,957 3.93%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 15 $5,405,000 $360,333 $7,216 2.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 13 $4,955,000 $381,154 $5,881 3.32%
IDAHO FALLS, ID (FHA|USDA|VA) 22 $4,790,000 $217,727 $6,734 2.85%
BELLINGHAM, WA (FHA|USDA|VA) 16 $4,620,000 $288,750 $6,346 2.89%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 18 $4,610,000 $256,111 $4,800 2.91%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $4,430,000 $553,750 $6,272 2.94%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 21 $4,325,000 $205,952 $4,563 3.56%
Carlsbad-Artesia, NM (FHA|USDA|VA) 20 $4,290,000 $214,500 $3,758 3.29%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 16 $4,220,000 $263,750 $4,602 2.95%
Boone, NC (FHA|USDA|VA) 12 $4,210,000 $350,833 $4,172 2.97%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 19 $4,105,000 $216,053 $5,705 3.32%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 14 $4,030,000 $287,857 $7,067 2.93%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 13 $3,725,000 $286,538 $5,767 2.93%
Brevard, NC (FHA|USDA|VA) 18 $3,710,000 $206,111 $4,562 3.29%
KNOXVILLE, TN (FHA|USDA|VA) 15 $3,695,000 $246,333 $3,837 3.20%
Morehead City, NC (FHA|USDA|VA) 12 $3,660,000 $305,000 $3,068 3.16%
JACKSONVILLE, NC (FHA|USDA|VA) 18 $3,620,000 $201,111 $3,946 3.52%
Granbury, TX (FHA|USDA|VA) 13 $3,535,000 $271,923 $6,090 3.22%
COLORADO SPRINGS, CO (FHA|USDA|VA) 12 $3,430,000 $285,833 $3,829 2.85%
RICHMOND, VA (FHA|USDA|VA) 15 $3,335,000 $222,333 $2,998 3.09%
FORT COLLINS, CO (FHA|USDA|VA) 11 $3,065,000 $278,636 $2,478 2.97%
OKLAHOMA CITY, OK (FHA|USDA|VA) 22 $3,030,000 $137,727 $3,599 3.59%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 24 $2,950,000 $122,917 $3,241 3.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 26 $2,760,000 $106,154 $3,481 3.81%
LONGVIEW, TX (FHA|USDA|VA) 15 $2,695,000 $179,667 $6,354 3.18%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $2,655,000 $295,000 $4,756 3.35%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 14 $2,580,000 $184,286 $5,435 3.28%
PINE BLUFF, AR (FHA|USDA|VA) 18 $2,540,000 $141,111 $4,548 3.28%
Blackfoot, ID (FHA|USDA|VA) 10 $2,530,000 $253,000 $5,558 2.78%
Breckenridge, CO (FHA|USDA|VA) 7 $2,525,000 $360,714 $3,246 2.71%
Tullahoma-Manchester, TN (FHA|USDA|VA) 10 $2,460,000 $246,000 $4,989 3.18%
BURLINGTON, NC (FHA|USDA|VA) 11 $2,455,000 $223,182 $3,810 3.34%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $2,395,000 $184,231 $4,603 3.18%
HUNTSVILLE, AL (FHA|USDA|VA) 24 $2,390,000 $99,583 $3,125 3.88%
MONROE, MI (FHA|USDA|VA) 12 $2,380,000 $198,333 $3,888 3.22%
Adrian, MI (FHA|USDA|VA) 9 $2,125,000 $236,111 $4,865 3.13%
MIDLAND, TX (FHA|USDA|VA) 8 $2,100,000 $262,500 $5,280 3.19%
SPARTANBURG, SC (FHA|USDA|VA) 9 $2,015,000 $223,889 $3,950 3.19%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $1,980,000 $247,500 $5,733 3.08%
Searcy, AR (FHA|USDA|VA) 12 $1,950,000 $162,500 $3,586 3.30%
JACKSON, MI (FHA|USDA|VA) 9 $1,925,000 $213,889 $4,041 2.92%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 11 $1,915,000 $174,091 $3,700 3.28%
FAYETTEVILLE, NC (FHA|USDA|VA) 11 $1,905,000 $173,182 $4,941 3.75%
Ellensburg, WA (FHA|USDA|VA) 5 $1,875,000 $375,000 $5,210 2.93%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $1,830,000 $183,000 $3,676 3.36%
CLEVELAND, TN (FHA|USDA|VA) 10 $1,830,000 $183,000 $3,949 3.13%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,775,000 $253,571 $5,012 3.25%
OCALA, FL (FHA|USDA|VA) 12 $1,670,000 $139,167 $4,046 3.56%
Bonham, TX (FHA|USDA|VA) 8 $1,610,000 $201,250 $4,257 3.52%
Forest City, NC (FHA|USDA|VA) 9 $1,595,000 $177,222 $4,349 2.97%
Dayton, TN (FHA|USDA|VA) 10 $1,590,000 $159,000 $3,905 2.76%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $1,555,000 $518,333 $11,910 3.38%
MONTGOMERY, AL (FHA|USDA|VA) 19 $1,515,000 $79,737 $3,131 3.90%
LONGVIEW, WA (FHA|USDA|VA) 3 $1,505,000 $501,667 $5,294 2.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 6 $1,480,000 $246,667 $5,863 2.98%
Mineral Wells, TX (FHA|USDA|VA) 6 $1,440,000 $240,000 $6,367 3.58%
Nacogdoches, TX (FHA|USDA|VA) 7 $1,425,000 $203,571 $7,465 3.21%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,395,000 $465,000 $5,230 2.83%
Sevierville, TN (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,558 3.33%
WINCHESTER, VA-WV (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,073 2.83%
YAKIMA, WA (FHA|USDA|VA) 6 $1,360,000 $226,667 $4,054 2.90%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 7 $1,355,000 $193,571 $4,177 3.09%
Traverse City, MI (FHA|USDA|VA) 8 $1,330,000 $166,250 $3,055 2.98%
Lewisburg, TN (FHA|USDA|VA) 6 $1,330,000 $221,667 $2,879 3.06%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $5,160 3.35%
ALBUQUERQUE, NM (FHA|USDA|VA) 5 $1,325,000 $265,000 $3,609 2.95%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 6 $1,280,000 $213,333 $3,084 2.85%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,220,000 $305,000 $3,498 2.97%
Gainesville, TX (FHA|USDA|VA) 5 $1,205,000 $241,000 $4,861 2.98%
Corsicana, TX (FHA|USDA|VA) 7 $1,195,000 $170,714 $5,108 3.38%
Key West, FL (FHA|USDA|VA) 5 $1,185,000 $237,000 $3,783 2.98%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,175,000 $391,667 $3,362 3.04%
FORT SMITH, AR-OK (FHA|USDA|VA) 7 $1,165,000 $166,429 $2,923 3.02%
Moses Lake, WA (FHA|USDA|VA) 4 $1,150,000 $287,500 $6,984 2.94%
ROANOKE, VA (FHA|USDA|VA) 5 $1,145,000 $229,000 $3,051 2.78%
Glenwood Springs, CO (FHA|USDA|VA) 3 $1,135,000 $378,333 $2,666 2.63%
Edwards, CO (FHA|USDA|VA) 2 $1,120,000 $560,000 $3,007 2.69%
WACO, TX (FHA|USDA|VA) 4 $1,100,000 $275,000 $6,115 3.47%
Warsaw, IN (FHA|USDA|VA) 4 $1,080,000 $270,000 $2,539 3.06%
Shelton, WA (FHA|USDA|VA) 3 $1,045,000 $348,333 $6,820 2.96%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,035,000 $345,000 $3,522 2.96%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 3 $1,025,000 $341,667 $3,585 3.38%
Jacksonville, TX (FHA|USDA|VA) 3 $975,000 $325,000 $8,339 3.38%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $960,000 $480,000 $3,565 2.75%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $960,000 $240,000 $5,730 4.22%
Centralia, WA (FHA|USDA|VA) 3 $955,000 $318,333 $5,891 3.46%
Oak Harbor, WA (FHA|USDA|VA) 2 $940,000 $470,000 $3,340 3.13%
FARMINGTON, NM (FHA|USDA|VA) 6 $920,000 $153,333 $4,542 2.96%
LYNCHBURG, VA (FHA|USDA|VA) 3 $905,000 $301,667 $3,890 3.42%
Sulphur Springs, TX (FHA|USDA|VA) 4 $900,000 $225,000 $7,890 3.22%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $895,000 $179,000 $2,549 3.03%
Cookeville, TN (FHA|USDA|VA) 2 $890,000 $445,000 $3,038 3.06%
MUNCIE, IN (FHA|USDA|VA) 7 $885,000 $126,429 $2,806 3.32%
Malvern, AR (FHA|USDA|VA) 5 $875,000 $175,000 $4,968 3.28%
GRAND JUNCTION, CO (FHA|USDA|VA) 5 $875,000 $175,000 $3,404 2.58%
Marion, NC (FHA|USDA|VA) 4 $840,000 $210,000 $5,366 3.91%
Russellville, AR (FHA|USDA|VA) 3 $835,000 $278,333 $4,359 3.21%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $825,000 $275,000 $5,385 3.00%
Shelbyville, TN (FHA|USDA|VA) 5 $825,000 $165,000 $1,824 3.35%
Crawfordsville, IN (FHA|USDA|VA) 4 $820,000 $205,000 $5,059 3.22%
Hope, AR (FHA|USDA|VA) 4 $800,000 $200,000 $3,367 4.06%
JACKSON, TN (FHA|USDA|VA) 4 $790,000 $197,500 $5,426 3.34%
ABILENE, TX (FHA|USDA|VA) 4 $750,000 $187,500 $6,668 3.19%
Statesboro, GA (FHA|USDA|VA) 4 $740,000 $185,000 $4,012 2.91%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $740,000 $370,000 $8,012 2.88%
Taos, NM (FHA|USDA|VA) 2 $740,000 $370,000 $5,171 3.13%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $730,000 $365,000 $3,711 3.19%
HARRISONBURG, VA (FHA|USDA|VA) 3 $695,000 $231,667 $3,056 2.88%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 4 $650,000 $162,500 $4,146 3.19%
Palestine, TX (FHA|USDA|VA) 1 $645,000 $645,000 $22,755 2.50%
WICHITA FALLS, TX (FHA|USDA|VA) 5 $635,000 $127,000 $5,531 3.30%
Fort Payne, AL (FHA|USDA|VA) 6 $630,000 $105,000 $3,913 3.44%
WICHITA, KS (FHA|USDA|VA) 4 $610,000 $152,500 $5,387 3.38%
NEW BERN, NC (FHA|USDA|VA) 3 $605,000 $201,667 $2,885 3.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $600,000 $300,000 $3,327 2.81%
Athens, TN (FHA|USDA|VA) 2 $590,000 $295,000 $12,245 3.56%
DALTON, GA (FHA|USDA|VA) 3 $585,000 $195,000 $5,975 3.21%
DAYTON-KETTERING, OH (FHA|USDA|VA) 8 $580,000 $72,500 $3,033 4.14%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 4 $580,000 $145,000 $4,826 3.25%
Pullman, WA (FHA|USDA|VA) 2 $580,000 $290,000 $5,506 3.25%
Rockport, TX (FHA|USDA|VA) 2 $560,000 $280,000 $3,674 3.13%
SAN ANGELO, TX (FHA|USDA|VA) 3 $555,000 $185,000 $3,706 3.29%
Stephenville, TX (FHA|USDA|VA) 2 $550,000 $275,000 $7,025 3.50%
Jackson, WY-ID (FHA|USDA|VA) 1 $545,000 $545,000 $10,394 2.88%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 7 $545,000 $77,857 $3,034 3.61%
SALEM, OR (FHA|USDA|VA) 2 $540,000 $270,000 $3,310 2.88%
New Castle, IN (FHA|USDA|VA) 2 $540,000 $270,000 $3,001 3.00%
Lufkin, TX (FHA|USDA|VA) 3 $525,000 $175,000 $6,923 2.63%
Scottsboro, AL (FHA|USDA|VA) 3 $525,000 $175,000 $4,060 3.00%
Fredericksburg, TX (FHA|USDA|VA) 1 $515,000 $515,000 $6,244 2.88%
Steamboat Springs, CO (FHA|USDA|VA) 1 $515,000 $515,000 $3,555 3.38%
SALINAS, CA (FHA|USDA|VA) 1 $515,000 $515,000 $3,203 4.25%
Brenham, TX (FHA|USDA|VA) 1 $515,000 $515,000 $11,613 3.38%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $500,000 $250,000 $2,707 2.81%
CaƱon City, CO (FHA|USDA|VA) 1 $495,000 $495,000 $2,897 3.38%
Ruidoso, NM (FHA|USDA|VA) 3 $495,000 $165,000 $3,161 3.00%
TULSA, OK (FHA|USDA|VA) 4 $480,000 $120,000 $3,872 3.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $475,000 $158,333 $5,203 3.29%
Mount Pleasant, TX (FHA|USDA|VA) 1 $475,000 $475,000 $8,294 2.88%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $470,000 $235,000 $3,288 3.06%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $470,000 $235,000 $2,937 3.13%
Bay City, TX (FHA|USDA|VA) 1 $465,000 $465,000 $5,156 3.50%
VALDOSTA, GA (FHA|USDA|VA) 2 $460,000 $230,000 $5,705 2.75%
JOPLIN, MO (FHA|USDA|VA) 2 $450,000 $225,000 $3,851 2.69%
Gallup, NM (FHA|USDA|VA) 2 $450,000 $225,000 $3,223 2.50%
Durant, OK (FHA|USDA|VA) 1 $445,000 $445,000 $3,770 3.00%
WENATCHEE, WA (FHA|USDA|VA) 1 $445,000 $445,000 $2,692 3.38%
MIDLAND, MI (FHA|USDA|VA) 3 $445,000 $148,333 $4,146 2.79%
Talladega-Sylacauga, AL (FHA|USDA|VA) 5 $445,000 $89,000 $2,835 3.73%
Blytheville, AR (FHA|USDA|VA) 2 $440,000 $220,000 $6,135 3.50%
Jasper, AL (FHA|USDA|VA) 6 $440,000 $73,333 $2,914 3.92%
MEDFORD, OR (FHA|USDA|VA) 1 $435,000 $435,000 $3,486 2.88%
Shelby, NC (FHA|USDA|VA) 3 $435,000 $145,000 $4,027 3.04%
NAPA, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,716 3.00%
Astoria, OR (FHA|USDA|VA) 1 $435,000 $435,000 $4,380 2.88%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $430,000 $215,000 $3,878 2.50%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $425,000 $425,000 $7,044 3.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $410,000 $205,000 $4,218 2.94%
Camden, AR (FHA|USDA|VA) 3 $405,000 $135,000 $3,967 3.17%
Magnolia, AR (FHA|USDA|VA) 3 $405,000 $135,000 $4,230 3.21%
Batesville, AR (FHA|USDA|VA) 2 $400,000 $200,000 $4,764 3.56%
Clewiston, FL (FHA|USDA|VA) 2 $390,000 $195,000 $5,519 2.75%
SANTA FE, NM (FHA|USDA|VA) 2 $390,000 $195,000 $3,530 2.81%
DECATUR, AL (FHA|USDA|VA) 2 $390,000 $195,000 $3,057 3.88%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $385,000 $385,000 $4,386 2.75%
Wauchula, FL (FHA|USDA|VA) 1 $385,000 $385,000 $5,645 2.50%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $380,000 $190,000 $3,042 3.75%
Danville, VA (FHA|USDA|VA) 3 $365,000 $121,667 $3,009 3.33%
Kinston, NC (FHA|USDA|VA) 1 $365,000 $365,000 $3,342 2.50%
TUSCALOOSA, AL (FHA|USDA|VA) 4 $360,000 $90,000 $3,143 3.75%
PUEBLO, CO (FHA|USDA|VA) 1 $355,000 $355,000 $15,788 2.50%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $350,000 $175,000 $3,158 3.38%
OWENSBORO, KY (FHA|USDA|VA) 2 $340,000 $170,000 $3,684 3.38%
Forrest City, AR (FHA|USDA|VA) 2 $340,000 $170,000 $5,352 3.00%
El Campo, TX (FHA|USDA|VA) 1 $335,000 $335,000 $10,773 2.75%
Branson, MO (FHA|USDA|VA) 2 $330,000 $165,000 $3,377 3.00%
LAS CRUCES, NM (FHA|USDA|VA) 1 $325,000 $325,000 $4,077 3.50%
Easton, MD (FHA|USDA|VA) 1 $325,000 $325,000 $2,208 3.00%
Mount Pleasant, MI (FHA|USDA|VA) 1 $325,000 $325,000 $8,822 2.25%
Harrison, AR (FHA|USDA|VA) 2 $320,000 $160,000 $2,257 2.88%
Chillicothe, OH (FHA|USDA|VA) 1 $315,000 $315,000 $7,196 2.75%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $305,000 $305,000 $3,401 2.75%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $305,000 $305,000 $16,000 2.75%
Montrose, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,175 3.00%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $305,000 $305,000 $14,738 2.38%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $290,000 $145,000 $4,688 3.19%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $3,240 3.00%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $280,000 $140,000 $4,043 3.44%
TWIN FALLS, ID (FHA|USDA|VA) 1 $275,000 $275,000 $7,060 2.63%
Kerrville, TX (FHA|USDA|VA) 1 $265,000 $265,000 $7,335 2.50%
Mountain Home, AR (FHA|USDA|VA) 1 $265,000 $265,000 $2,895 2.50%
North Wilkesboro, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,340 3.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $255,000 $255,000 $7,482 2.63%
Sanford, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,014 3.25%
STOCKTON, CA (FHA|USDA|VA) 1 $255,000 $255,000 $3,787 3.13%
GAINESVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $8,256 2.63%
BEND, OR (FHA|USDA|VA) 1 $245,000 $245,000 $3,479 3.13%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $240,000 $120,000 $2,991 3.88%
MONROE, LA (FHA|USDA|VA) 1 $235,000 $235,000 $3,547 2.88%
Stillwater, OK (FHA|USDA|VA) 1 $235,000 $235,000 $3,939 3.63%
Coldwater, MI (FHA|USDA|VA) 2 $230,000 $115,000 $2,762 3.06%
Hillsdale, MI (FHA|USDA|VA) 1 $225,000 $225,000 $5,690 3.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $225,000 $225,000 $7,844 3.75%
Greenwood, SC (FHA|USDA|VA) 1 $225,000 $225,000 $2,453 2.75%
Prineville, OR (FHA|USDA|VA) 1 $225,000 $225,000 $9,162 4.50%
Albemarle, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,432 3.63%
Marquette, MI (FHA|USDA|VA) 1 $225,000 $225,000 $3,093 2.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $220,000 $110,000 $3,460 4.31%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $215,000 $215,000 $8,301 3.25%
Rexburg, ID (FHA|USDA|VA) 1 $205,000 $205,000 $3,823 2.75%
FRESNO, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,025 4.63%
Seneca, SC (FHA|USDA|VA) 1 $195,000 $195,000 $2,107 2.88%
Summerville, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,555 3.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,305 3.63%
ENID, OK (FHA|USDA|VA) 1 $185,000 $185,000 $0 2.75%
Cadillac, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,380 3.00%
Jefferson, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,865 3.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $180,000 $90,000 $3,695 4.38%
Martinsville, VA (FHA|USDA|VA) 1 $175,000 $175,000 $5,119 4.25%
GREENVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,813 3.25%
Aberdeen, WA (FHA|USDA|VA) 1 $175,000 $175,000 $6,848 2.88%
Greeneville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $3,335 2.75%
GOLDSBORO, NC (FHA|USDA|VA) 1 $165,000 $165,000 $6,728 3.75%
MUSKEGON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $3,242 3.75%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $165,000 $165,000 $8,499 2.88%
Sturgis, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,178 3.25%
Port Lavaca, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,727 3.63%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $145,000 $145,000 $5,703 3.00%
COLUMBIA, MO (FHA|USDA|VA) 1 $145,000 $145,000 $2,160 2.63%
Okeechobee, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,378 3.88%
PANAMA CITY, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,981 2.63%
Gaffney, SC (FHA|USDA|VA) 1 $135,000 $135,000 $4,493 3.13%
Arkadelphia, AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,350 4.00%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $135,000 $135,000 $5,580 2.63%
Greensburg, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,686 3.88%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,383 4.13%
Cullman, AL (FHA|USDA|VA) 1 $115,000 $115,000 $4,169 3.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $105,000 $105,000 $4,008 3.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $95,000 $95,000 $3,499 4.00%
Waycross, GA (FHA|USDA|VA) 1 $95,000 $95,000 $4,165 2.75%
Crossville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,850 3.75%
Mount Airy, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,190 2.75%
AMARILLO, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,905 3.38%
AKRON, OH (FHA|USDA|VA) 1 $85,000 $85,000 $3,232 3.88%
MORRISTOWN, TN (FHA|USDA|VA) 1 $75,000 $75,000 $2,912 3.00%
KOKOMO, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,351 3.63%
Sweetwater, TX (FHA|USDA|VA) 1 $55,000 $55,000 $3,545 3.75%
JACKSON, MS (FHA|USDA|VA) 1 $55,000 $55,000 $2,934 4.00%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $55,000 $55,000 $3,053 3.50%
Highlands Residential Mortgage Ltd.'s top markets include Dallas, Nashville, Seattle, Washington, and Miami among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 14,934 $3,990,020,000 $267,177 $4,063 3.12%
    FHA 1,897 $428,205,000 $225,727 $8,346 3.34%
    VA 947 $309,515,000 $326,837 $7,119 3.04%
    USDA 435 $75,655,000 $173,920 $5,043 3.14%

    For 2020, Highlands Residential Mortgage Ltd.'s most frequently originated type of loan was Conventional, with 14,934 originations. Their 2nd most popular type was FHA, with 1,897 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,451 $2,384,465,000 $252,298 $5,423 3.21%
    Refi 6,303 $1,781,935,000 $282,712 $3,757 2.99%
    Cash Out Refi 2,458 $636,780,000 $259,064 $4,321 3.26%
    Other 1 $215,000 $215,000 $2,590 3.13%

    For 2020, Highlands Residential Mortgage Ltd.'s most frequently cited loan purpose was Home Purchase, with 9,451 originations. The 2nd most popular reason was Refi, with 6,303 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 15,958 $4,274,960,000 $267,888 $4,870 3.20%
    15 Year 1,607 $373,015,000 $232,119 $3,537 2.69%
    20 Year 355 $99,245,000 $279,563 $3,837 3.03%
    Other 205 $43,605,000 $212,707 $2,966 2.52%
    10 Year 83 $12,505,000 $150,663 $2,582 2.33%
    5 Year 5 $65,000 $13,000 $40 0.00%

    For 2020, Highlands Residential Mortgage Ltd.'s most frequently cited loan duration was 30 Year, with 15,958 originations. The 2nd most popular length was 15 Year, with 1,607 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 12,851 $3,211,045,000 $249,867
    $2k-3k 1,812 $483,200,000 $266,667
    $<1k 1,337 $369,695,000 $276,511
    $3k-4k 923 $273,115,000 $295,899
    $5k+ 593 $264,465,000 $445,978
    $4k-5k 474 $159,120,000 $335,696

    Highlands Residential Mortgage Ltd.'s average total fees were $4,870, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 12,851 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 7,970 $2,288,090,000 $287,088
    3-4% 7,676 $1,913,500,000 $249,283
    <2.5% 1,451 $395,105,000 $272,298
    4-5% 1,049 $192,365,000 $183,379
    5-6% 60 $12,410,000 $206,833
    7-8% 3 $695,000 $231,667
    Over 8% 1 $215,000 $215,000

    During 2020, Highlands Residential Mortgage Ltd.'s average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 2.5-3%, with 7,970 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 8,798 $2,486,470,000 $282,618 $4,997 3.10%
    $100k-200k 5,411 $835,205,000 $154,353 $3,903 3.25%
    $400k-600k 2,449 $1,158,605,000 $473,093 $5,650 3.01%
    $100,000 or less 1,246 $89,400,000 $71,750 $2,841 3.29%
    $600k-1MM 284 $202,090,000 $711,585 $9,650 3.01%
    $1MM+ 25 $31,625,000 $1,265,000 $10,288 3.18%

    2020 saw Highlands Residential Mortgage Ltd. place emphasis on $200k-400k loans with 8,798 originations, totaling $2,486,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 4,362 $1,263,240,000 $289,601 $4,779 3.14%
    $50k-75k 3,750 $778,210,000 $207,523 $4,722 3.16%
    $150k-250k 3,307 $1,094,835,000 $331,066 $4,776 3.15%
    $75k-100k 3,138 $785,740,000 $250,395 $4,745 3.15%
    $50k or less 2,276 $362,660,000 $159,341 $4,224 3.10%
    $250k+ 1,257 $481,365,000 $382,947 $4,976 3.16%

    Highlands Residential Mortgage Ltd. lent most frequently to those with incomes in the $100k-150k range, with 4,362 originations. The second most popular income band? $50k-75k, with 3,750 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4,251 $1,131,755,000 $266,233 $4,113 3.07%
    30-36% 3,270 $854,740,000 $261,388 $4,549 3.11%
    <20% 1,762 $459,900,000 $261,010 $3,777 3.01%
    44% 756 $195,630,000 $258,770 $5,027 3.26%
    43% 700 $176,690,000 $252,414 $4,793 3.23%
    40% 673 $182,085,000 $270,557 $4,948 3.21%
    41% 667 $182,025,000 $272,901 $4,935 3.26%
    39% 661 $175,595,000 $265,651 $4,789 3.18%
    38% 660 $170,740,000 $258,697 $4,796 3.21%
    42% 655 $172,105,000 $262,756 $4,824 3.19%
    50-60% 648 $174,810,000 $269,769 $8,521 3.23%
    37% 617 $165,505,000 $268,241 $4,599 3.22%
    36% 604 $153,780,000 $254,603 $4,745 3.19%
    45% 474 $124,190,000 $262,004 $5,061 3.24%
    49% 450 $114,040,000 $253,422 $5,274 3.15%
    47% 406 $106,120,000 $261,379 $5,344 3.23%
    46% 406 $105,600,000 $260,099 $5,345 3.24%
    48% 401 $105,865,000 $264,002 $5,496 3.23%
    >60% 34 $13,580,000 $399,412 $5,812 2.81%

    Highlands Residential Mortgage Ltd. lent most frequently to those with DTI ratios of 20-30%, with 4,251 originations. The next most common DTI ratio? 30-36%, with 3,270 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 14,878 $3,935,410,000 $264,512 $4,606 3.13%
    Not provided 1,564 $433,320,000 $277,059 $4,950 3.11%
    Black 873 $210,305,000 $240,899 $5,797 3.19%
    Asian 734 $180,180,000 $245,477 $4,539 3.31%
    American Indian 89 $22,075,000 $248,034 $5,080 3.14%
    Not applicable 28 $6,620,000 $236,429 $4,240 3.11%
    Native Hawaiian or Islander 21 $5,915,000 $281,667 $7,130 3.10%
    Asian Indian 11 $3,925,000 $356,818 $5,578 2.93%
    Filipino 7 $2,415,000 $345,000 $9,286 2.93%
    Korean 2 $1,670,000 $835,000 $16,760 2.94%
    Chinese 2 $790,000 $395,000 $5,393 2.75%
    Other Asian 2 $300,000 $150,000 $3,805 3.81%
    Other Pacific Islander 1 $255,000 $255,000 $3,372 3.88%
    Vietnamese 1 $215,000 $215,000 $3,373 3.75%

    Approval Rates

    Total approvals of all applications
    97.36%

    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 origination
    78.46%

    Highlands Residential Mortgage Ltd. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 18,213 $4,803,395,000 $263,734

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 170 $26,810,000 $157,706
    Single Family (1-4 Units):Site-Built 18,043 $4,776,585,000 $264,733

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 513 $101,315,000 $197,495 $3,456 2.86%
    40-60% 2,045 $525,415,000 $256,927 $3,516 2.91%
    60-80% 7,070 $1,923,650,000 $272,086 $3,973 3.20%
    80-100% 8,169 $2,158,555,000 $264,237 $5,525 3.21%
    Over 100% 233 $78,385,000 $336,416 $12,875 3.12%
    Under 20% 146 $4,490,000 $30,753 $545 1.03%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    HIGHLANDS RESIDENTIAL MORTGAGE Conventional home mortgage Closing on a mortgage 1 33.3%
    HIGHLANDS RESIDENTIAL MORTGAGE Conventional home mortgage Trouble during payment process 1 33.3%
    HIGHLANDS RESIDENTIAL MORTGAGE FHA mortgage Struggling to pay mortgage 1 33.3%