Acopia Mortgage Rates, Fees & Info
NASHVILLE, TNLEI: 549300L1DBFIJZI8LA40
Tax ID: 26-0777326
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Acopia is a small mortgage company specializing in Home Purchase 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 include Atlanta, Nashville, Port St. Lucie, Asheville, and Greenville among others. Acopia has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Acopia is typically a high fee lendor.Originations
4,827Origination Dollar Volume (All Markets)
$1,182,175,000Relative Rate
Acopia 's average 30 year fixed rate mortgage of loans were
3.18%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.03%.
Relative Fees
Acopia 's average total fees for a 30 year fixed rate
mortgage are $6,146.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| 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.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 3,550 | $868,460,000 | $244,637 | $4,938 | 3.04% |
| 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% |
For the 2021 period, Acopia 's most frequently originated loan type of loans were Conventional, with 3,550 originations. Their 2nd most popular type is FHA, with 819 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average 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 the 2021, Acopia 's most frequently cited loan purpose of loans were Home Purchase, with 3,240 originations. The 2nd most popular reason of loans were 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 the 2021, Acopia 's most frequently cited loan length of loans were 30 Year, with 3,175 originations. The 2nd most popular length of loans were Other, with 1,145 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 1,617 | $400,685,000 | $247,795 |
| $3k-4k | 1,119 | $286,885,000 | $256,376 |
| $2k-3k | 968 | $216,230,000 | $223,378 |
| $<1k | 631 | $115,275,000 | $182,686 |
| $5k+ | 416 | $149,290,000 | $358,870 |
$6,146 of loans were Acopia 's average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.18%, while their most frequently originated rate bucket of loans were 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 | 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 applications94.78%
Acopia has an average approval rate.
Pick Rate
Approvals leading to origination73.71%
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% |
