Acopia Mortgage Rates, Fees & Info

NASHVILLE, TN

LEI: 549300L1DBFIJZI8LA40

Tax ID: 26-0777326

3.5 stars - out of 5 stars, based on 69 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Acopia is a small mortgage company specializing in loans. Acopia 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: Atlanta, Nashville, Port St. Lucie, Asheville, and Greenville among others. We have data for 135 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Acopia 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. Acopia 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
    Home Equity Line of Credit (HELOC) 6.58% 12/4/22
    30 Year Conventional Purchase 6.92% 12/4/22
    30 Year Conventional Refi 6.98% 12/4/22
    30 Year Cash-out Refi 7.22% 12/4/22
    30 Year FHA Purchase 7.93% 12/4/22
    30 Year FHA Refi 7.57% 12/4/22
    30 Year VA Purchase 6.98% 12/4/22
    30 Year VA Refi 6.49% 12/4/22
    30 Year USDA Purchase 7.21% 12/4/22
    30 Year USDA Refi 6.81% 12/4/22
    15 Year Conventional Purchase 6.03% 12/4/22
    15 Year Conventional Refi 5.95% 12/4/22
    15 Year Cash-out Refi 5.95% 12/4/22
    15 Year FHA Purchase 8.06% 12/4/22
    15 Year VA Refi 6.22% 12/4/22
    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.


    Originations

    4,827

    Origination Dollar Volume (All Markets)

    $1,182,175,000

    Relative Rate

    Acopia's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    Acopia's average total fees/closing costs for a 30 year fixed rate mortgage were $6,146.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,264 $324,190,000 $256,479 $5,891 3.10%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1,114 $297,750,000 $267,280 $5,993 3.11%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 276 $70,710,000 $256,196 $7,223 3.02%
    ASHEVILLE, NC (FHA|USDA|VA) 215 $69,015,000 $321,000 $3,725 3.07%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 223 $46,565,000 $208,812 $5,466 3.11%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 130 $33,730,000 $259,462 $7,136 3.19%
    Outside of Metro Areas 149 $30,275,000 $203,188 $5,387 3.14%
    SPARTANBURG, SC (FHA|USDA|VA) 132 $27,330,000 $207,045 $6,100 3.26%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 85 $18,595,000 $218,765 $5,964 3.11%
    GAINESVILLE, GA (FHA|USDA|VA) 72 $18,290,000 $254,028 $5,245 3.17%
    HUNTSVILLE, AL (FHA|USDA|VA) 76 $18,030,000 $237,237 $4,678 3.08%
    Greenwood, SC (FHA|USDA|VA) 112 $17,610,000 $157,232 $5,505 2.93%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 70 $15,540,000 $222,000 $5,212 3.03%
    JACKSONVILLE, FL (FHA|USDA|VA) 58 $14,760,000 $254,483 $6,218 3.08%
    FAYETTEVILLE, NC (FHA|USDA|VA) 73 $12,015,000 $164,589 $4,973 2.77%
    Jefferson, GA (FHA|USDA|VA) 42 $10,480,000 $249,524 $5,894 3.16%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 41 $9,885,000 $241,098 $6,682 3.11%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 52 $9,840,000 $189,231 $5,571 2.98%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 38 $8,600,000 $226,316 $6,456 3.24%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 22 $5,900,000 $268,182 $6,521 3.24%
    Lewisburg, TN (FHA|USDA|VA) 25 $5,525,000 $221,000 $4,986 3.03%
    Paducah, KY-IL (FHA|USDA|VA) 28 $4,520,000 $161,429 $4,934 3.18%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 14 $4,270,000 $305,000 $6,337 3.19%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 21 $3,745,000 $178,333 $6,266 3.46%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 16 $3,720,000 $232,500 $5,497 2.83%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 12 $3,590,000 $299,167 $5,573 3.26%
    GADSDEN, AL (FHA|USDA|VA) 30 $3,510,000 $117,000 $5,392 3.07%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $3,145,000 $285,909 $4,337 3.09%
    Seneca, SC (FHA|USDA|VA) 10 $3,130,000 $313,000 $4,937 3.26%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 15 $3,085,000 $205,667 $6,160 3.48%
    Shelbyville, TN (FHA|USDA|VA) 17 $3,055,000 $179,706 $5,516 3.10%
    Cordele, GA (FHA|USDA|VA) 23 $2,865,000 $124,565 $6,249 2.84%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $2,830,000 $353,750 $4,663 3.42%
    WARNER ROBINS, GA (FHA|USDA|VA) 16 $2,770,000 $173,125 $5,024 3.41%
    Newberry, SC (FHA|USDA|VA) 12 $2,770,000 $230,833 $5,960 3.08%
    BOWLING GREEN, KY (FHA|USDA|VA) 10 $2,470,000 $247,000 $3,645 2.81%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 9 $2,345,000 $260,556 $4,627 3.21%
    McMinnville, TN (FHA|USDA|VA) 10 $2,190,000 $219,000 $5,486 3.09%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,090,000 $261,250 $8,407 3.25%
    Cookeville, TN (FHA|USDA|VA) 10 $1,950,000 $195,000 $6,396 3.00%
    Brevard, NC (FHA|USDA|VA) 7 $1,935,000 $276,429 $5,952 3.25%
    Lawrenceburg, TN (FHA|USDA|VA) 11 $1,935,000 $175,909 $5,117 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,830,000 $457,500 $8,206 3.09%
    Calhoun, GA (FHA|USDA|VA) 10 $1,760,000 $176,000 $6,651 2.62%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $1,750,000 $218,750 $5,114 3.33%
    Fort Payne, AL (FHA|USDA|VA) 10 $1,700,000 $170,000 $5,252 3.35%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 9 $1,605,000 $178,333 $6,366 3.14%
    KNOXVILLE, TN (FHA|USDA|VA) 6 $1,590,000 $265,000 $6,814 3.44%
    Cornelia, GA (FHA|USDA|VA) 9 $1,575,000 $175,000 $4,117 3.31%
    SAVANNAH, GA (FHA|USDA|VA) 7 $1,555,000 $222,143 $7,216 2.71%
    BRUNSWICK, GA (FHA|USDA|VA) 4 $1,380,000 $345,000 $6,553 3.40%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 4 $1,370,000 $342,500 $8,029 3.34%
    ALBANY, GA (FHA|USDA|VA) 10 $1,330,000 $133,000 $7,955 2.48%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $1,310,000 $327,500 $5,403 2.91%
    PANAMA CITY, FL (FHA|USDA|VA) 9 $1,255,000 $139,444 $6,019 1.76%
    Forest City, NC (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,638 3.33%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,215,000 $243,000 $4,071 2.60%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $1,130,000 $282,500 $4,850 3.34%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 6 $1,120,000 $186,667 $6,245 3.31%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $1,120,000 $280,000 $7,032 3.31%
    PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,025,000 $205,000 $5,951 2.97%
    Wilson, NC (FHA|USDA|VA) 5 $1,015,000 $203,000 $7,559 2.38%
    WILMINGTON, NC (FHA|USDA|VA) 5 $995,000 $199,000 $5,768 3.90%
    Milledgeville, GA (FHA|USDA|VA) 4 $980,000 $245,000 $6,475 3.28%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $970,000 $485,000 $5,252 2.94%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $965,000 $321,667 $5,319 3.13%
    ROME, GA (FHA|USDA|VA) 4 $960,000 $240,000 $3,722 3.44%
    RALEIGH-CARY, NC (FHA|USDA|VA) 4 $960,000 $240,000 $3,943 3.16%
    Albertville, AL (FHA|USDA|VA) 4 $950,000 $237,500 $4,125 2.88%
    Cullowhee, NC (FHA|USDA|VA) 3 $945,000 $315,000 $3,917 3.41%
    Marion, NC (FHA|USDA|VA) 2 $820,000 $410,000 $5,001 3.81%
    WINSTON-SALEM, NC (FHA|USDA|VA) 4 $780,000 $195,000 $5,950 2.59%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 5 $735,000 $147,000 $5,014 2.95%
    JACKSON, TN (FHA|USDA|VA) 3 $685,000 $228,333 $4,573 3.58%
    DALTON, GA (FHA|USDA|VA) 4 $620,000 $155,000 $6,710 2.72%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $600,000 $300,000 $4,907 3.06%
    Bainbridge, GA (FHA|USDA|VA) 4 $590,000 $147,500 $4,574 2.88%
    Athens, TN (FHA|USDA|VA) 2 $580,000 $290,000 $6,664 3.31%
    LaGrange, GA-AL (FHA|USDA|VA) 4 $580,000 $145,000 $7,909 2.22%
    Key West, FL (FHA|USDA|VA) 1 $565,000 $565,000 $10,665 3.50%
    VALDOSTA, GA (FHA|USDA|VA) 2 $540,000 $270,000 $4,922 2.88%
    COLUMBIA, SC (FHA|USDA|VA) 4 $530,000 $132,500 $6,553 2.25%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $525,000 $525,000 $2,554 3.25%
    DECATUR, AL (FHA|USDA|VA) 4 $500,000 $125,000 $5,800 3.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,531 3.13%
    TEXARKANA, TX-AR (FHA|USDA|VA) 2 $490,000 $245,000 $3,760 3.31%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 3 $425,000 $141,667 $5,090 3.08%
    Sevierville, TN (FHA|USDA|VA) 1 $425,000 $425,000 $7,348 2.13%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $415,000 $138,333 $4,944 3.04%
    Jasper, AL (FHA|USDA|VA) 1 $405,000 $405,000 $3,925 2.88%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $5,517 3.50%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $370,000 $185,000 $5,257 3.50%
    Okeechobee, FL (FHA|USDA|VA) 1 $355,000 $355,000 $7,084 3.13%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $335,000 $335,000 $4,660 4.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 2 $320,000 $160,000 $6,492 3.81%
    Mayfield, KY (FHA|USDA|VA) 2 $310,000 $155,000 $5,194 3.25%
    Glasgow, KY (FHA|USDA|VA) 1 $295,000 $295,000 $1,753 2.99%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $275,000 $275,000 $8,263 3.75%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $265,000 $265,000 $6,931 3.50%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $265,000 $265,000 $2,773 3.25%
    Batesville, AR (FHA|USDA|VA) 1 $255,000 $255,000 $2,769 3.50%
    RICHMOND, VA (FHA|USDA|VA) 1 $245,000 $245,000 $5,976 3.00%
    Sanford, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,886 3.25%
    Boone, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,010 3.88%
    Henderson, NC (FHA|USDA|VA) 1 $215,000 $215,000 $7,076 3.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $215,000 $215,000 $7,594 3.25%
    Tifton, GA (FHA|USDA|VA) 1 $205,000 $205,000 $11,119 3.25%
    Alexander City, AL (FHA|USDA|VA) 1 $205,000 $205,000 $3,132 2.75%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $200,000 $100,000 $7,475 3.00%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,377 3.38%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $180,000 $90,000 $8,784 2.13%
    Laurel, MS (FHA|USDA|VA) 1 $175,000 $175,000 $7,165 2.88%
    Statesboro, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,820 2.88%
    CLEVELAND, TN (FHA|USDA|VA) 1 $165,000 $165,000 $6,859 3.13%
    Americus, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,621 3.75%
    Moultrie, GA (FHA|USDA|VA) 1 $155,000 $155,000 $3,475 3.50%
    PUEBLO, CO (FHA|USDA|VA) 1 $155,000 $155,000 $4,605 2.88%
    Shelby, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,490 3.50%
    Crossville, TN (FHA|USDA|VA) 1 $155,000 $155,000 $4,820 2.75%
    Marion, IN (FHA|USDA|VA) 2 $150,000 $75,000 $7,145 1.56%
    Lumberton, NC (FHA|USDA|VA) 1 $145,000 $145,000 $5,592 3.75%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $145,000 $145,000 $4,617 2.99%
    JACKSON, MS (FHA|USDA|VA) 1 $135,000 $135,000 $6,037 3.25%
    Murray, KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,897 3.12%
    MUNCIE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $3,450 3.00%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $135,000 $135,000 $6,156 3.50%
    Union City, TN (FHA|USDA|VA) 1 $125,000 $125,000 $5,398 3.38%
    COLUMBUS, IN (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.50%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $115,000 $115,000 $5,145 3.25%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $105,000 $105,000 $3,649 3.13%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $3,246 2.63%
    Madisonville, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,950 3.25%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $95,000 $95,000 $2,779 3.50%
    Cedartown, GA (FHA|USDA|VA) 1 $85,000 $85,000 $3,328 2.50%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $55,000 $55,000 $1,747 2.99%
    Acopia's top markets include Atlanta, Nashville, Port St. Lucie, Asheville, and Greenville among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against ACOPIA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 161
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 167
    First American Bank and Trust Company
    Similarity Rank: 182
    Community Mortgage Banc Corporation
    Similarity Rank: 280
    KELLEY MORTGAGE, LLC
    Similarity Rank: 336
    Independence Bank of Kentucky
    Similarity Rank: 448
    CAROLINA FOOTHILLS
    Similarity Rank: 484
    The Paducah Bank and Trust Company
    Similarity Rank: 513
    First Vision Bank of Tennessee
    Similarity Rank: 657
    Community First Bank, Inc.
    Similarity Rank: 672

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,544 $867,770,000 $244,856 $4,938 3.03%
    FHA 819 $193,345,000 $236,074 $9,147 3.35%
    VA 282 $83,250,000 $295,213 $6,107 3.15%
    USDA 176 $37,120,000 $210,909 $5,963 2.99%
    HELOC 6 $690,000 $115,000 n/a 5.33%

    For 2021, Acopia's most frequently originated type of loan was Conventional, with 3,544 originations. Their 2nd most popular type was FHA, with 819 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,240 $804,780,000 $248,389 $6,196 3.12%
    Refi 856 $204,710,000 $239,147 $4,492 2.87%
    Home Improvement 408 $101,370,000 $248,456 $5,928 3.34%
    Cash Out Refi 323 $71,315,000 $220,789 $5,494 3.16%

    For 2021, Acopia's most frequently cited loan purpose was Home Purchase, with 3,240 originations. The 2nd most popular reason was Refi, with 856 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,175 $816,915,000 $257,296 $6,146 3.18%
    Other 1,145 $274,485,000 $239,725 $5,561 3.13%
    15 Year 395 $77,055,000 $195,076 $4,078 2.42%
    10 Year 55 $3,045,000 $55,364 $3,043 2.68%
    20 Year 52 $10,610,000 $204,038 $4,288 2.83%
    5 Year 5 $65,000 $13,000 $0 0.00%

    For 2021, Acopia's most frequently cited loan duration was 30 Year, with 3,175 originations. The 2nd most popular length was Other, with 1,145 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,617 $400,685,000 $247,795
    $2k-3k 968 $216,230,000 $223,378
    $3k-4k 696 $167,060,000 $240,029
    $<1k 631 $115,275,000 $182,686
    $4k-5k 423 $119,825,000 $283,274
    $5k+ 416 $149,290,000 $358,870

    Acopia's average total fees were $6,146, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,617 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,774 $729,420,000 $262,949
    2.5-3% 1,277 $320,735,000 $251,163
    <2.5% 574 $93,530,000 $162,944
    4-5% 167 $37,575,000 $225,000
    5-6% 23 $805,000 $35,000
    6-7% 1 $25,000 $25,000

    During 2021, Acopia's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 2,774 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,583 $707,435,000 $273,881 $6,193 3.20%
    $100k-200k 1,338 $211,420,000 $158,012 $4,923 3.15%
    $400k-600k 451 $214,205,000 $474,956 $6,929 3.20%
    $100,000 or less 406 $14,810,000 $36,478 $2,987 2.11%
    $600k-1MM 49 $34,305,000 $700,102 $9,664 3.17%

    2021 saw Acopia place emphasis on $200k-400k loans with 2,583 originations, totaling $707,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,415 $303,025,000 $214,152 $5,927 3.07%
    $50k or less 1,018 $161,990,000 $159,126 $5,360 2.94%
    $75k-100k 892 $224,170,000 $251,312 $5,975 3.18%
    $100k-150k 879 $267,795,000 $304,659 $5,894 3.20%
    $150k-250k 489 $170,245,000 $348,149 $5,863 3.15%
    $250k+ 134 $54,950,000 $410,075 $5,953 3.11%

    Acopia lent most frequently to those with incomes in the $50k-75k range, with 1,415 originations. The second most popular income band? $50k or less, with 1,018 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 924 $228,960,000 $247,792 $5,153 3.08%
    30-36% 838 $210,010,000 $250,609 $5,652 3.10%
    <20% 309 $66,705,000 $215,874 $4,343 2.89%
    50-60% 294 $70,660,000 $240,340 $8,888 3.14%
    44% 214 $55,190,000 $257,897 $6,390 3.24%
    39% 209 $53,215,000 $254,617 $6,022 3.13%
    38% 198 $48,160,000 $243,232 $5,962 3.12%
    40% 198 $47,360,000 $239,192 $5,787 3.03%
    41% 198 $49,060,000 $247,778 $6,318 3.12%
    42% 191 $45,215,000 $236,728 $5,951 3.20%
    49% 179 $46,685,000 $260,810 $6,014 3.09%
    43% 176 $44,180,000 $251,023 $6,046 3.22%
    37% 168 $40,760,000 $242,619 $5,670 3.17%
    48% 143 $32,805,000 $229,406 $6,138 3.06%
    45% 141 $35,325,000 $250,532 $6,249 3.05%
    36% 140 $31,600,000 $225,714 $5,228 3.03%
    46% 136 $34,550,000 $254,044 $5,953 3.20%
    47% 121 $30,705,000 $253,760 $5,396 3.15%
    >60% 8 $1,180,000 $147,500 $7,729 1.63%

    Acopia lent most frequently to those with DTI ratios of 20-30%, with 924 originations. The next most common DTI ratio? 30-36%, with 838 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,580 $892,500,000 $249,302 $5,621 3.10%
    Black 624 $135,530,000 $217,196 $7,101 3.04%
    Not provided 489 $120,045,000 $245,491 $5,651 3.15%
    Asian 110 $28,660,000 $260,545 $5,689 3.10%
    American Indian 16 $3,560,000 $222,500 $7,109 3.23%
    Native Hawaiian or Islander 5 $1,105,000 $221,000 $7,671 3.13%
    Filipino 2 $530,000 $265,000 $5,147 3.06%
    Other Asian 1 $245,000 $245,000 $4,799 3.50%

    Approval Rates

    Total approvals of all applications
    95.70%

    Acopia 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
    73.28%

    Acopia has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,827 $1,182,175,000 $244,909

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,827 $1,182,175,000 $244,909

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 140 $19,490,000 $139,214 $3,601 2.89%
    40-60% 483 $102,465,000 $212,143 $4,330 2.86%
    60-80% 1,448 $388,430,000 $268,253 $5,294 3.19%
    80-100% 2,433 $649,185,000 $266,825 $6,482 3.25%
    Over 100% 63 $19,075,000 $302,778 $10,852 3.28%
    Under 20% 260 $3,530,000 $13,577 $691 1.51%