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 small 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: Dallas, Nashville, Houston, Miami, and Denver among others. We have data for 305 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% 4/28/24
30 Year Conventional Refi 6.77% 4/28/24
30 Year Cash-out Refi 6.92% 4/28/24
30 Year FHA Purchase 7.58% 4/28/24
30 Year FHA Refi 7.19% 4/28/24
30 Year VA Purchase 6.38% 4/28/24
30 Year VA Refi 6.21% 4/28/24
30 Year USDA Purchase 6.95% 4/28/24
30 Year USDA Refi 6.27% 4/28/24
15 Year Conventional Purchase 5.25% 4/28/24
15 Year Conventional Refi 6.19% 4/28/24
15 Year Cash-out Refi 6.19% 4/28/24
15 Year FHA Purchase 7.81% 4/28/24
15 Year FHA Refi 5.68% 4/28/24
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

7,377

Origination Dollar Volume (All Markets)

$2,330,225,000
Show all (15) 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) 1,406 $531,510,000 $378,030 $9,719 5.02%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 356 $141,280,000 $396,854 $7,003 4.63%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 441 $139,265,000 $315,794 $8,452 5.15%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 387 $130,685,000 $337,687 $9,978 4.78%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 190 $93,270,000 $490,895 $6,569 4.78%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 145 $79,755,000 $550,034 $9,781 5.11%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 255 $63,865,000 $250,451 $5,848 4.88%
Outside of Metro Areas 233 $61,935,000 $265,815 $6,640 4.94%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 135 $50,465,000 $373,815 $8,939 5.17%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 190 $49,440,000 $260,211 $5,017 5.14%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 180 $46,170,000 $256,500 $5,287 4.66%
RALEIGH-CARY, NC (FHA|USDA|VA) 103 $45,285,000 $439,660 $6,557 4.95%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 104 $44,690,000 $429,712 $9,042 5.39%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 158 $44,660,000 $282,658 $9,111 4.79%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 125 $42,345,000 $338,760 $5,856 4.98%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 155 $39,255,000 $253,258 $4,499 5.24%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 86 $28,720,000 $333,953 $9,080 6.01%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 129 $27,855,000 $215,930 $6,061 5.36%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 80 $26,190,000 $327,375 $7,993 4.55%
ASHEVILLE, NC (FHA|USDA|VA) 101 $24,205,000 $239,653 $7,467 4.73%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 74 $24,030,000 $324,730 $5,601 4.97%
WILMINGTON, NC (FHA|USDA|VA) 79 $23,905,000 $302,595 $5,440 4.68%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 97 $21,615,000 $222,835 $6,464 4.62%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 58 $16,250,000 $280,172 $8,154 5.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 55 $14,235,000 $258,818 $10,027 4.50%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 44 $14,180,000 $322,273 $6,430 6.02%
El Dorado, AR (FHA|USDA|VA) 61 $13,835,000 $226,803 $5,520 5.34%
TYLER, TX (FHA|USDA|VA) 47 $13,045,000 $277,553 $9,140 5.41%
SHERMAN-DENISON, TX (FHA|USDA|VA) 48 $12,340,000 $257,083 $7,839 5.42%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 86 $11,770,000 $136,860 $5,643 5.40%
PORT ST. LUCIE, FL (FHA|USDA|VA) 40 $11,460,000 $286,500 $8,616 4.84%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 36 $11,260,000 $312,778 $6,244 4.90%
BOULDER, CO (FHA|USDA|VA) 24 $11,210,000 $467,083 $5,048 4.39%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 33 $10,815,000 $327,727 $8,276 4.36%
IDAHO FALLS, ID (FHA|USDA|VA) 37 $10,655,000 $287,973 $9,923 4.47%
Port Angeles, WA (FHA|USDA|VA) 28 $10,450,000 $373,214 $8,779 5.22%
FORT SMITH, AR-OK (FHA|USDA|VA) 54 $10,100,000 $187,037 $5,171 4.94%
KANSAS CITY, MO-KS (FHA|USDA|VA) 69 $9,415,000 $136,449 $4,172 5.33%
TUCSON, AZ (FHA|USDA|VA) 34 $8,690,000 $255,588 $8,785 5.18%
WINSTON-SALEM, NC (FHA|USDA|VA) 27 $8,535,000 $316,111 $5,396 5.16%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 22 $8,100,000 $368,182 $9,912 5.38%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 17 $7,475,000 $439,706 $8,208 4.51%
TEXARKANA, TX-AR (FHA|USDA|VA) 25 $7,145,000 $285,800 $7,660 5.50%
Durango, CO (FHA|USDA|VA) 20 $7,100,000 $355,000 $4,736 4.76%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 23 $6,985,000 $303,696 $9,330 5.57%
JACKSONVILLE, FL (FHA|USDA|VA) 35 $6,705,000 $191,571 $5,638 5.11%
COLORADO SPRINGS, CO (FHA|USDA|VA) 17 $6,305,000 $370,882 $9,253 5.02%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 59 $6,125,000 $103,814 $4,628 5.30%
FLAGSTAFF, AZ (FHA|USDA|VA) 11 $6,095,000 $554,091 $16,902 6.08%
Athens, TX (FHA|USDA|VA) 16 $5,960,000 $372,500 $10,417 4.83%
FAYETTEVILLE, NC (FHA|USDA|VA) 34 $5,840,000 $171,765 $7,221 4.37%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 14 $5,700,000 $407,143 $5,848 5.35%
Paragould, AR (FHA|USDA|VA) 31 $5,555,000 $179,194 $5,299 5.24%
JONESBORO, AR (FHA|USDA|VA) 30 $5,480,000 $182,667 $6,093 5.48%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 24 $5,360,000 $223,333 $8,252 5.33%
Blackfoot, ID (FHA|USDA|VA) 15 $5,025,000 $335,000 $12,269 5.50%
MIDLAND, TX (FHA|USDA|VA) 17 $4,975,000 $292,647 $9,599 6.21%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 17 $4,875,000 $286,765 $7,988 4.73%
CLEVELAND, TN (FHA|USDA|VA) 20 $4,770,000 $238,500 $5,824 4.89%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 10 $4,500,000 $450,000 $8,517 4.54%
El Campo, TX (FHA|USDA|VA) 17 $4,395,000 $258,529 $5,748 5.41%
ST. LOUIS, MO-IL (FHA|USDA|VA) 34 $4,290,000 $126,176 $5,352 4.10%
GREELEY, CO (FHA|USDA|VA) 12 $4,210,000 $350,833 $5,426 4.91%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $4,130,000 $1,032,500 $11,985 5.56%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 21 $3,995,000 $190,238 $5,630 5.04%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 13 $3,995,000 $307,308 $7,709 5.72%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 17 $3,625,000 $213,235 $6,013 5.21%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,610,000 $451,250 $9,906 5.73%
FORT COLLINS, CO (FHA|USDA|VA) 7 $3,605,000 $515,000 $5,554 5.41%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 18 $3,540,000 $196,667 $4,934 4.51%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $3,400,000 $283,333 $7,311 4.49%
AKRON, OH (FHA|USDA|VA) 33 $3,335,000 $101,061 $4,568 5.52%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 12 $3,180,000 $265,000 $6,908 4.83%
ANN ARBOR, MI (FHA|USDA|VA) 12 $3,170,000 $264,167 $5,102 4.83%
PUNTA GORDA, FL (FHA|USDA|VA) 10 $2,930,000 $293,000 $8,938 5.59%
Granbury, TX (FHA|USDA|VA) 8 $2,910,000 $363,750 $7,586 4.59%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $2,880,000 $480,000 $10,301 4.50%
Aberdeen, WA (FHA|USDA|VA) 9 $2,855,000 $317,222 $8,730 6.50%
Sandpoint, ID (FHA|USDA|VA) 7 $2,855,000 $407,857 $11,518 5.91%
KNOXVILLE, TN (FHA|USDA|VA) 10 $2,810,000 $281,000 $9,123 5.56%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 8 $2,770,000 $346,250 $6,108 4.58%
BELLINGHAM, WA (FHA|USDA|VA) 5 $2,695,000 $539,000 $7,015 4.50%
WICHITA, KS (FHA|USDA|VA) 10 $2,670,000 $267,000 $7,118 4.61%
FLINT, MI (FHA|USDA|VA) 15 $2,615,000 $174,333 $4,649 4.64%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 20 $2,600,000 $130,000 $3,841 5.24%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 14 $2,500,000 $178,571 $6,050 5.71%
OCALA, FL (FHA|USDA|VA) 13 $2,485,000 $191,154 $8,481 4.91%
Sevierville, TN (FHA|USDA|VA) 4 $2,470,000 $617,500 $10,188 4.81%
ODESSA, TX (FHA|USDA|VA) 9 $2,385,000 $265,000 $11,563 5.74%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $2,350,000 $391,667 $7,721 5.71%
Forest City, NC (FHA|USDA|VA) 12 $2,250,000 $187,500 $6,971 4.54%
PANAMA CITY, FL (FHA|USDA|VA) 7 $2,205,000 $315,000 $7,168 5.86%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 6 $2,160,000 $360,000 $9,215 5.10%
HOT SPRINGS, AR (FHA|USDA|VA) 8 $2,030,000 $253,750 $4,742 4.77%
Brevard, NC (FHA|USDA|VA) 11 $2,005,000 $182,273 $6,983 5.06%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,905,000 $381,000 $6,266 4.05%
Fort Payne, AL (FHA|USDA|VA) 6 $1,820,000 $303,333 $7,276 5.08%
GRAND JUNCTION, CO (FHA|USDA|VA) 5 $1,735,000 $347,000 $6,293 5.60%
SPARTANBURG, SC (FHA|USDA|VA) 6 $1,670,000 $278,333 $11,299 5.04%
Marion, NC (FHA|USDA|VA) 7 $1,665,000 $237,857 $9,141 5.93%
LONGVIEW, TX (FHA|USDA|VA) 7 $1,625,000 $232,143 $6,820 4.89%
LONGVIEW, WA (FHA|USDA|VA) 3 $1,625,000 $541,667 $6,008 3.58%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $1,605,000 $229,286 $6,276 5.16%
Mountain Home, AR (FHA|USDA|VA) 9 $1,595,000 $177,222 $6,063 4.82%
Lewisburg, TN (FHA|USDA|VA) 4 $1,590,000 $397,500 $5,159 5.09%
LUBBOCK, TX (FHA|USDA|VA) 6 $1,560,000 $260,000 $7,410 5.00%
LOUISVILLE, KY (FHA|USDA|VA) 7 $1,545,000 $220,714 $4,098 5.18%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $1,540,000 $385,000 $10,023 4.91%
Corsicana, TX (FHA|USDA|VA) 7 $1,525,000 $217,857 $10,343 5.52%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 7 $1,505,000 $215,000 $8,081 5.88%
DALTON, GA (FHA|USDA|VA) 7 $1,505,000 $215,000 $11,911 5.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,500,000 $750,000 $9,717 4.38%
CANTON-MASSILLON, OH (FHA|USDA|VA) 15 $1,495,000 $99,667 $4,002 5.49%
Shelton, WA (FHA|USDA|VA) 5 $1,475,000 $295,000 $9,603 4.90%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $1,465,000 $488,333 $9,214 5.21%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,450,000 $725,000 $0 5.94%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,435,000 $478,333 $4,631 4.92%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 5 $1,395,000 $279,000 $10,217 5.68%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $1,370,000 $342,500 $8,163 6.34%
Paris, TX (FHA|USDA|VA) 3 $1,365,000 $455,000 $9,772 5.25%
Jacksonville, TX (FHA|USDA|VA) 7 $1,355,000 $193,571 $7,377 5.34%
Sulphur Springs, TX (FHA|USDA|VA) 4 $1,350,000 $337,500 $10,166 4.38%
Taos, NM (FHA|USDA|VA) 2 $1,350,000 $675,000 $11,817 6.25%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $1,305,000 $435,000 $8,974 4.83%
Cookeville, TN (FHA|USDA|VA) 5 $1,225,000 $245,000 $4,821 5.35%
FARMINGTON, NM (FHA|USDA|VA) 4 $1,170,000 $292,500 $6,632 4.44%
Carlsbad-Artesia, NM (FHA|USDA|VA) 5 $1,155,000 $231,000 $5,606 5.00%
Searcy, AR (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,002 4.21%
Nacogdoches, TX (FHA|USDA|VA) 4 $1,100,000 $275,000 $8,461 4.67%
MORRISTOWN, TN (FHA|USDA|VA) 2 $1,080,000 $540,000 $17,962 6.75%
ABILENE, TX (FHA|USDA|VA) 3 $1,075,000 $358,333 $8,713 4.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 6 $1,050,000 $175,000 $5,944 4.79%
Traverse City, MI (FHA|USDA|VA) 2 $1,040,000 $520,000 $4,738 3.69%
Morehead City, NC (FHA|USDA|VA) 2 $1,030,000 $515,000 $3,982 4.31%
STOCKTON, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $8,781 4.58%
JACKSON, MI (FHA|USDA|VA) 5 $1,015,000 $203,000 $6,541 5.45%
McMinnville, TN (FHA|USDA|VA) 2 $1,010,000 $505,000 $8,689 5.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,010,000 $252,500 $10,433 5.41%
POCATELLO, ID (FHA|USDA|VA) 4 $980,000 $245,000 $11,100 4.25%
SALEM, OR (FHA|USDA|VA) 2 $980,000 $490,000 $12,279 5.00%
Moses Lake, WA (FHA|USDA|VA) 5 $975,000 $195,000 $13,153 3.53%
Dayton, TN (FHA|USDA|VA) 5 $975,000 $195,000 $7,031 4.70%
WICHITA FALLS, TX (FHA|USDA|VA) 4 $970,000 $242,500 $8,489 4.69%
Rexburg, ID (FHA|USDA|VA) 3 $965,000 $321,667 $8,235 4.58%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $945,000 $315,000 $6,817 6.00%
Blytheville, AR (FHA|USDA|VA) 9 $945,000 $105,000 $6,436 5.44%
Scottsboro, AL (FHA|USDA|VA) 5 $935,000 $187,000 $5,451 5.78%
VICTORIA, TX (FHA|USDA|VA) 2 $920,000 $460,000 $23,673 5.94%
EL PASO, TX (FHA|USDA|VA) 4 $870,000 $217,500 $20,697 5.84%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $865,000 $288,333 $3,556 4.38%
MUNCIE, IN (FHA|USDA|VA) 5 $855,000 $171,000 $6,560 4.83%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $855,000 $285,000 $6,901 5.17%
Cullowhee, NC (FHA|USDA|VA) 3 $855,000 $285,000 $7,036 4.33%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $850,000 $212,500 $8,664 5.31%
JOPLIN, MO (FHA|USDA|VA) 3 $835,000 $278,333 $7,210 5.71%
Centralia, WA (FHA|USDA|VA) 2 $830,000 $415,000 $20,021 6.38%
WACO, TX (FHA|USDA|VA) 2 $810,000 $405,000 $8,132 4.38%
Shelbyville, TN (FHA|USDA|VA) 3 $765,000 $255,000 $6,979 4.00%
Adrian, MI (FHA|USDA|VA) 4 $760,000 $190,000 $7,118 5.09%
Bay City, TX (FHA|USDA|VA) 3 $745,000 $248,333 $8,634 5.67%
Bonham, TX (FHA|USDA|VA) 3 $725,000 $241,667 $5,414 6.00%
BEND, OR (FHA|USDA|VA) 3 $715,000 $238,333 $5,801 5.13%
MONROE, LA (FHA|USDA|VA) 2 $710,000 $355,000 $3,995 5.06%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $705,000 $235,000 $4,058 4.88%
Gainesville, TX (FHA|USDA|VA) 4 $690,000 $172,500 $4,953 5.69%
Magnolia, AR (FHA|USDA|VA) 4 $650,000 $162,500 $4,518 5.50%
Oak Harbor, WA (FHA|USDA|VA) 1 $645,000 $645,000 $4,668 6.13%
Kerrville, TX (FHA|USDA|VA) 1 $635,000 $635,000 $10,120 3.63%
Boone, NC (FHA|USDA|VA) 2 $620,000 $310,000 $6,440 6.13%
Mount Pleasant, TX (FHA|USDA|VA) 2 $620,000 $310,000 $4,762 6.69%
HARRISONBURG, VA (FHA|USDA|VA) 2 $610,000 $305,000 $11,751 3.81%
Show Low, AZ (FHA|USDA|VA) 1 $605,000 $605,000 $19,969 5.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $605,000 $605,000 $4,766 4.13%
MONTGOMERY, AL (FHA|USDA|VA) 7 $595,000 $85,000 $4,135 5.32%
RICHMOND, VA (FHA|USDA|VA) 3 $595,000 $198,333 $5,959 6.13%
Ardmore, OK (FHA|USDA|VA) 2 $590,000 $295,000 $9,117 5.25%
Camden, AR (FHA|USDA|VA) 3 $585,000 $195,000 $5,057 5.54%
Frankfort, IN (FHA|USDA|VA) 2 $580,000 $290,000 $11,032 5.31%
Outside of Metro Areas 2 $560,000 $280,000 $6,917 5.88%
Pahrump, NV (FHA|USDA|VA) 2 $560,000 $280,000 $8,486 5.81%
Harrison, AR (FHA|USDA|VA) 3 $555,000 $185,000 $5,289 5.21%
THE VILLAGES, FL (FHA|USDA|VA) 2 $550,000 $275,000 $8,100 5.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $550,000 $137,500 $4,170 3.94%
Jackson, WY-ID (FHA|USDA|VA) 1 $535,000 $535,000 $12,286 5.38%
WENATCHEE, WA (FHA|USDA|VA) 2 $510,000 $255,000 $6,549 5.94%
PUEBLO, CO (FHA|USDA|VA) 3 $505,000 $168,333 $5,608 2.75%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $505,000 $505,000 $5,889 6.13%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $485,000 $485,000 $10,865 4.63%
Shelby, NC (FHA|USDA|VA) 2 $480,000 $240,000 $8,326 5.25%
VALLEJO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $27,002 4.63%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $465,000 $155,000 $5,397 5.00%
STAUNTON, VA (FHA|USDA|VA) 1 $455,000 $455,000 $19,733 3.25%
EVANSVILLE, IN-KY (FHA|USDA|VA) 5 $455,000 $91,000 $3,612 5.00%
Pecos, TX (FHA|USDA|VA) 2 $450,000 $225,000 $6,427 4.63%
Stephenville, TX (FHA|USDA|VA) 1 $445,000 $445,000 $6,512 5.50%
Cadillac, MI (FHA|USDA|VA) 3 $445,000 $148,333 $3,225 5.17%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $440,000 $220,000 $2,284 5.00%
Huntsville, TX (FHA|USDA|VA) 2 $440,000 $220,000 $6,666 4.81%
COLUMBIA, MO (FHA|USDA|VA) 2 $420,000 $210,000 $2,406 3.63%
Wilson, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,699 6.13%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $16,010 7.25%
Ruidoso, NM (FHA|USDA|VA) 1 $415,000 $415,000 $11,032 4.38%
Montrose, CO (FHA|USDA|VA) 1 $405,000 $405,000 $3,784 6.00%
Cullman, AL (FHA|USDA|VA) 1 $395,000 $395,000 $2,696 4.63%
TULSA, OK (FHA|USDA|VA) 1 $395,000 $395,000 $4,808 4.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $395,000 $395,000 $21,656 5.00%
COLUMBUS, OH (FHA|USDA|VA) 1 $395,000 $395,000 $12,045 3.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $390,000 $195,000 $10,130 5.69%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $6,050 5.31%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 5 $385,000 $77,000 $2,955 5.43%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $370,000 $185,000 $2,872 4.75%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $370,000 $185,000 $4,767 6.13%
Fort Morgan, CO (FHA|USDA|VA) 2 $370,000 $185,000 $13,856 2.13%
Seneca, SC (FHA|USDA|VA) 2 $360,000 $180,000 $7,251 5.94%
Bartlesville, OK (FHA|USDA|VA) 2 $350,000 $175,000 $3,968 6.69%
TOLEDO, OH (FHA|USDA|VA) 1 $345,000 $345,000 $6,684 3.25%
West Plains, MO (FHA|USDA|VA) 1 $335,000 $335,000 $6,258 6.88%
Coos Bay, OR (FHA|USDA|VA) 1 $335,000 $335,000 $7,182 7.13%
Lawrenceburg, TN (FHA|USDA|VA) 1 $325,000 $325,000 $18,449 5.63%
Clewiston, FL (FHA|USDA|VA) 2 $320,000 $160,000 $11,800 2.13%
HATTIESBURG, MS (FHA|USDA|VA) 1 $315,000 $315,000 $9,501 5.63%
Athens, TN (FHA|USDA|VA) 1 $315,000 $315,000 $5,255 4.88%
Batesville, AR (FHA|USDA|VA) 4 $310,000 $77,500 $3,125 4.75%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $310,000 $155,000 $2,871 6.19%
Brenham, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,096 6.25%
LYNCHBURG, VA (FHA|USDA|VA) 1 $295,000 $295,000 $11,545 3.13%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $295,000 $295,000 $12,501 5.13%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $285,000 $285,000 $3,377 3.00%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $285,000 $285,000 $12,052 4.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $285,000 $285,000 $3,653 4.75%
Arkadelphia, AR (FHA|USDA|VA) 2 $280,000 $140,000 $9,542 5.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $275,000 $275,000 $8,922 4.63%
EL CENTRO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $10,749 6.63%
AMARILLO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $7,547 7.25%
Lufkin, TX (FHA|USDA|VA) 2 $270,000 $135,000 $3,580 6.44%
MONROE, MI (FHA|USDA|VA) 2 $270,000 $135,000 $5,573 4.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,257 4.00%
Brownwood, TX (FHA|USDA|VA) 2 $260,000 $130,000 $5,701 5.94%
Danville, VA (FHA|USDA|VA) 1 $255,000 $255,000 $3,765 6.63%
Marquette, MI (FHA|USDA|VA) 1 $255,000 $255,000 $4,349 3.75%
Big Rapids, MI (FHA|USDA|VA) 1 $255,000 $255,000 $7,940 4.25%
KOKOMO, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,724 4.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $255,000 $255,000 $5,208 6.00%
Tupelo, MS (FHA|USDA|VA) 1 $255,000 $255,000 $5,554 4.38%
Crossville, TN (FHA|USDA|VA) 1 $255,000 $255,000 $9,063 4.25%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $250,000 $125,000 $4,578 5.13%
BURLINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,296 4.25%
Wauchula, FL (FHA|USDA|VA) 1 $245,000 $245,000 $8,796 3.88%
Forrest City, AR (FHA|USDA|VA) 2 $240,000 $120,000 $5,725 6.00%
SAN ANGELO, TX (FHA|USDA|VA) 1 $235,000 $235,000 $7,258 4.00%
Troy, AL (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.00%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $230,000 $115,000 $8,777 2.00%
PITTSBURGH, PA (FHA|USDA|VA) 2 $230,000 $115,000 $4,358 4.31%
Albemarle, NC (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.88%
Roswell, NM (FHA|USDA|VA) 1 $225,000 $225,000 $2,823 5.75%
PINE BLUFF, AR (FHA|USDA|VA) 1 $215,000 $215,000 $9,943 5.25%
MERCED, CA (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.88%
BRUNSWICK, GA (FHA|USDA|VA) 1 $215,000 $215,000 $6,633 6.00%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,976 5.63%
JACKSON, TN (FHA|USDA|VA) 1 $205,000 $205,000 $5,103 7.13%
SAVANNAH, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,649 7.13%
Talladega-Sylacauga, AL (FHA|USDA|VA) 2 $200,000 $100,000 $4,955 5.38%
NILES, MI (FHA|USDA|VA) 1 $195,000 $195,000 $6,641 5.25%
Sikeston, MO (FHA|USDA|VA) 1 $195,000 $195,000 $6,959 5.63%
Alma, MI (FHA|USDA|VA) 1 $195,000 $195,000 $4,772 5.38%
Henderson, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,988 6.00%
Mount Airy, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,447 4.63%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $185,000 $185,000 $3,132 4.25%
Sanford, NC (FHA|USDA|VA) 1 $185,000 $185,000 $6,634 6.50%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $185,000 $185,000 $4,164 4.50%
Washington, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,291 3.25%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.50%
TOPEKA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $6,253 5.88%
Mount Pleasant, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,425 4.13%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $175,000 $175,000 $3,056 6.63%
Russellville, AR (FHA|USDA|VA) 1 $165,000 $165,000 $3,966 4.63%
JACKSON, MS (FHA|USDA|VA) 1 $165,000 $165,000 $5,624 6.00%
Liberal, KS (FHA|USDA|VA) 1 $165,000 $165,000 $12,412 4.75%
LaGrange, GA-AL (FHA|USDA|VA) 1 $165,000 $165,000 $11,026 6.13%
Somerset, PA (FHA|USDA|VA) 1 $165,000 $165,000 $4,363 4.13%
Georgetown, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,139 3.88%
Bluefield, WV-VA (FHA|USDA|VA) 1 $155,000 $155,000 $3,344 5.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,860 4.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $150,000 $75,000 $3,490 5.94%
Cordele, GA (FHA|USDA|VA) 1 $145,000 $145,000 $6,187 4.63%
Brownsville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $4,777 8.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $3,388 4.00%
Bellefontaine, OH (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.00%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $135,000 $135,000 $4,548 6.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $6,373 6.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $125,000 $125,000 $5,249 6.88%
Crawfordsville, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,392 5.75%
Rockport, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,160 6.00%
Sweetwater, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,894 3.88%
Othello, WA (FHA|USDA|VA) 1 $125,000 $125,000 $3,010 5.75%
Malvern, AR (FHA|USDA|VA) 1 $115,000 $115,000 $2,720 5.38%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $105,000 $105,000 $3,663 5.75%
COLUMBIA, SC (FHA|USDA|VA) 1 $105,000 $105,000 $3,782 7.00%
New Castle, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,648 3.25%
Mason City, IA (FHA|USDA|VA) 1 $95,000 $95,000 $2,979 5.13%
ENID, OK (FHA|USDA|VA) 1 $95,000 $95,000 $6,266 5.63%
Jasper, AL (FHA|USDA|VA) 1 $95,000 $95,000 $3,773 6.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $75,000 $75,000 $3,408 4.00%
Port Lavaca, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.63%
Calhoun, GA (FHA|USDA|VA) 1 $75,000 $75,000 $3,536 6.63%
Highlands Residential Mortgage Ltd.'s top markets include Dallas, Nashville, Houston, Miami, and Denver among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Similar Lenders

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    D.W. BROWN MORTGAGE CORP.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,708 $1,824,930,000 $319,714 $6,583 4.98%
    FHA 1,143 $317,855,000 $278,088 $11,580 5.23%
    VA 422 $167,620,000 $397,204 $11,790 4.97%
    USDA 104 $19,820,000 $190,577 $6,406 4.79%

    For 2022, Highlands Residential Mortgage Ltd.'s most frequently originated type of loan was Conventional, with 5,708 originations. Their 2nd most popular type was FHA, with 1,143 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 6,223 $1,979,765,000 $318,137 $7,979 5.10%
    Cash Out Refi 815 $240,905,000 $295,589 $6,325 4.59%
    Refi 339 $109,555,000 $323,171 $6,061 4.41%

    For 2022, Highlands Residential Mortgage Ltd.'s most frequently cited loan purpose was Home Purchase, with 6,223 originations. The 2nd most popular reason was Cash Out Refi, with 815 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 7,000 $2,251,080,000 $321,583 $7,804 5.10%
    15 Year 242 $57,820,000 $238,926 $5,496 3.48%
    20 Year 55 $17,215,000 $313,000 $5,139 3.85%
    10 Year 48 $2,000,000 $41,667 $2,895 4.49%
    Other 20 $2,020,000 $101,000 $4,533 1.03%
    5 Year 10 $70,000 $7,000 $0 0.00%
    3 Year 2 $20,000 $10,000 $0 0.00%

    For 2022, Highlands Residential Mortgage Ltd.'s most frequently cited loan duration was 30 Year, with 7,000 originations. The 2nd most popular length was 15 Year, with 242 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,675 $821,625,000 $307,150
    $5k+ 1,567 $661,395,000 $422,077
    $2k-3k 1,147 $304,625,000 $265,584
    $3k-4k 850 $245,040,000 $288,282
    $4k-5k 607 $196,745,000 $324,127
    $<1k 338 $60,790,000 $179,852

    Highlands Residential Mortgage Ltd.'s average total fees were $7,804, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,675 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 2,343 $737,585,000 $314,804
    3-4% 1,620 $535,270,000 $330,414
    4-5% 1,616 $515,830,000 $319,202
    6-7% 1,256 $392,820,000 $312,755
    7-8% 299 $102,705,000 $343,495
    <2.5% 124 $5,730,000 $46,210
    2.5-3% 107 $37,425,000 $349,766
    Over 8% 8 $1,890,000 $236,250

    During 2022, Highlands Residential Mortgage Ltd.'s average interest rate for loans was 5.10%, while their most frequently originated rate bucket for loans was 5-6%, with 2,343 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,404 $992,390,000 $291,536 $7,747 5.11%
    $100k-200k 1,541 $237,385,000 $154,046 $5,073 5.05%
    $400k-600k 1,427 $682,575,000 $478,329 $10,089 5.09%
    $100,000 or less 491 $29,015,000 $59,094 $3,846 4.04%
    $600k-1MM 454 $313,440,000 $690,396 $10,441 4.97%
    $1MM+ 60 $75,420,000 $1,257,000 $13,281 4.89%

    2022 saw Highlands Residential Mortgage Ltd. place emphasis on $200k-400k loans with 3,404 originations, totaling $992,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,909 $635,205,000 $332,742 $8,217 5.07%
    $50k-75k 1,442 $316,830,000 $219,716 $6,947 4.87%
    $75k-100k 1,369 $381,995,000 $279,032 $7,933 5.01%
    $150k-250k 1,357 $552,195,000 $406,923 $8,249 5.14%
    $250k+ 653 $340,955,000 $522,136 $8,552 5.20%
    $50k or less 646 $102,880,000 $159,257 $5,381 4.71%

    Highlands Residential Mortgage Ltd. lent most frequently to those with incomes in the $100k-150k range, with 1,909 originations. The second most popular income band? $50k-75k, with 1,442 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,202 $373,840,000 $311,015 $7,007 4.82%
    20-30% 1,129 $344,875,000 $305,469 $6,391 4.83%
    50-60% 479 $154,945,000 $323,476 $12,299 5.29%
    49% 395 $131,115,000 $331,937 $7,913 5.32%
    43% 379 $117,375,000 $309,697 $8,019 5.10%
    42% 344 $117,580,000 $341,802 $7,764 5.06%
    44% 337 $107,555,000 $319,154 $7,957 5.08%
    41% 334 $109,380,000 $327,485 $7,457 5.10%
    <20% 329 $94,345,000 $286,763 $5,676 4.70%
    40% 293 $88,935,000 $303,532 $7,321 5.00%
    47% 286 $89,590,000 $313,252 $8,209 5.18%
    46% 280 $94,320,000 $336,857 $8,977 5.32%
    48% 276 $88,320,000 $320,000 $8,649 5.30%
    37% 271 $78,205,000 $288,579 $6,807 4.91%
    38% 270 $86,590,000 $320,704 $7,294 5.09%
    39% 267 $93,955,000 $351,891 $7,828 4.95%
    45% 265 $83,915,000 $316,660 $8,130 5.12%
    36% 211 $64,445,000 $305,427 $7,162 4.91%
    >60% 20 $7,620,000 $381,000 $11,083 5.30%

    Highlands Residential Mortgage Ltd. lent most frequently to those with DTI ratios of 30-36%, with 1,202 originations. The next most common DTI ratio? 20-30%, with 1,129 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,569 $1,751,855,000 $314,573 $7,439 4.99%
    Not provided 882 $279,810,000 $317,245 $7,911 5.10%
    Black 541 $163,385,000 $302,006 $9,727 5.05%
    Asian 331 $117,945,000 $356,329 $8,414 5.07%
    American Indian 46 $14,210,000 $308,913 $8,301 5.14%
    Native Hawaiian or Islander 7 $2,655,000 $379,286 $9,954 5.84%
    Asian Indian 1 $365,000 $365,000 $9,697 3.38%

    Approval Rates

    Total approvals of all applications
    97.95%

    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
    66.42%

    Highlands Residential Mortgage Ltd. 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
    23360.98 1 $465,000 $465,000
    5824.34 1 $395,000 $395,000
    6319.0 1 $635,000 $635,000
    NA 7,374 $2,328,730,000 $315,803

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,377 $2,330,225,000 $315,877

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 227 $49,115,000 $216,366 $4,814 4.88%
    40-60% 631 $177,635,000 $281,513 $5,735 4.83%
    60-80% 2,284 $711,000,000 $311,296 $6,723 5.07%
    80-100% 3,934 $1,338,170,000 $340,155 $8,442 5.16%
    Over 100% 120 $50,000,000 $416,667 $17,645 5.06%
    Under 20% 179 $3,995,000 $22,318 $2,772 2.02%