Acopia Mortgage Rates, Fees & Info

NASHVILLE, TN

LEI: 549300L1DBFIJZI8LA40

Tax ID: 26-0777326

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

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  • Product Mix
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  • Typical Rates
  • Loan Sizes
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  • 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 Home Purchase and Refi 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: Nashville, Atlanta, Port St. Lucie, Asheville, and Charlotte among others. We have data for 130 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) 7.26% 12/16/24
    30 Year Conventional Purchase 6.56% 12/16/24
    30 Year Conventional Refi 6.75% 12/16/24
    30 Year Cash-out Refi 7.07% 12/16/24
    30 Year FHA Purchase 7.75% 12/16/24
    30 Year FHA Refi 7.23% 12/16/24
    30 Year VA Purchase 6.52% 12/16/24
    30 Year USDA Purchase 6.96% 12/16/24
    30 Year USDA Refi 6.69% 12/16/24
    15 Year Conventional Purchase 5.64% 12/16/24
    15 Year Conventional Refi 5.93% 12/16/24
    15 Year Cash-out Refi 5.93% 12/16/24
    15 Year FHA Purchase 5.68% 12/16/24
    15 Year FHA Refi 5.68% 12/16/24
    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.

    Acopia Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Acopia. 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

    6,001

    Origination Dollar Volume (All Markets)

    $1,360,135,000
    Show all (10) 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
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1,680 $401,470,000 $238,970 $5,388 3.17%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,525 $361,545,000 $237,079 $5,303 3.23%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 392 $88,600,000 $226,020 $6,139 3.18%
    ASHEVILLE, NC (FHA|USDA|VA) 241 $68,935,000 $286,037 $3,418 3.22%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 182 $40,290,000 $221,374 $5,420 3.14%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 192 $39,750,000 $207,031 $5,265 3.17%
    Outside of Metro Areas 176 $32,500,000 $184,659 $5,149 3.23%
    GAINESVILLE, GA (FHA|USDA|VA) 119 $27,915,000 $234,580 $4,475 3.37%
    HUNTSVILLE, AL (FHA|USDA|VA) 98 $22,080,000 $225,306 $5,016 3.23%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 100 $21,840,000 $218,400 $5,121 3.21%
    Greenwood, SC (FHA|USDA|VA) 111 $18,685,000 $168,333 $5,312 3.09%
    FAYETTEVILLE, NC (FHA|USDA|VA) 104 $17,900,000 $172,115 $4,852 2.69%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 88 $17,290,000 $196,477 $5,597 3.13%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 73 $16,525,000 $226,370 $5,917 3.32%
    Jefferson, GA (FHA|USDA|VA) 56 $12,850,000 $229,464 $5,780 3.22%
    JACKSONVILLE, FL (FHA|USDA|VA) 55 $12,485,000 $227,000 $5,693 3.38%
    SPARTANBURG, SC (FHA|USDA|VA) 66 $12,350,000 $187,121 $6,158 2.88%
    PANAMA CITY, FL (FHA|USDA|VA) 58 $9,280,000 $160,000 $7,108 1.96%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 37 $7,775,000 $210,135 $4,473 3.41%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 25 $7,135,000 $285,400 $5,421 3.39%
    Paducah, KY-IL (FHA|USDA|VA) 51 $6,945,000 $136,176 $4,147 3.51%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 32 $6,350,000 $198,438 $5,415 3.21%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 23 $6,025,000 $261,957 $5,224 3.26%
    Lewisburg, TN (FHA|USDA|VA) 34 $6,010,000 $176,765 $5,525 3.11%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 23 $5,355,000 $232,826 $4,819 3.45%
    Seneca, SC (FHA|USDA|VA) 25 $4,785,000 $191,400 $4,110 3.34%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 26 $4,540,000 $174,615 $4,638 3.17%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 12 $3,300,000 $275,000 $7,387 3.25%
    Shelbyville, TN (FHA|USDA|VA) 18 $3,170,000 $176,111 $4,899 2.90%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 18 $3,040,000 $168,889 $5,004 2.57%
    GADSDEN, AL (FHA|USDA|VA) 23 $2,925,000 $127,174 $4,681 3.30%
    PUNTA GORDA, FL (FHA|USDA|VA) 10 $2,470,000 $247,000 $5,623 3.44%
    WARNER ROBINS, GA (FHA|USDA|VA) 10 $2,240,000 $224,000 $5,192 2.79%
    RALEIGH-CARY, NC (FHA|USDA|VA) 8 $2,180,000 $272,500 $4,876 2.83%
    Brevard, NC (FHA|USDA|VA) 7 $2,005,000 $286,429 $3,480 3.30%
    Cookeville, TN (FHA|USDA|VA) 10 $1,990,000 $199,000 $5,074 3.24%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,825,000 $260,714 $4,500 3.21%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,825,000 $260,714 $4,768 2.91%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $1,805,000 $257,857 $6,534 3.05%
    Albemarle, NC (FHA|USDA|VA) 8 $1,800,000 $225,000 $7,379 3.19%
    Forest City, NC (FHA|USDA|VA) 5 $1,745,000 $349,000 $3,437 3.31%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,725,000 $345,000 $2,620 3.30%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $1,630,000 $203,750 $4,309 3.41%
    Cordele, GA (FHA|USDA|VA) 10 $1,620,000 $162,000 $5,978 3.33%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,580,000 $263,333 $3,875 3.25%
    Lawrenceburg, TN (FHA|USDA|VA) 8 $1,500,000 $187,500 $6,998 3.11%
    WILMINGTON, NC (FHA|USDA|VA) 5 $1,485,000 $297,000 $4,737 3.20%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 9 $1,445,000 $160,556 $5,268 2.38%
    Sevierville, TN (FHA|USDA|VA) 4 $1,430,000 $357,500 $5,654 2.78%
    KNOXVILLE, TN (FHA|USDA|VA) 6 $1,320,000 $220,000 $5,894 3.13%
    MOBILE, AL (FHA|USDA|VA) 7 $1,295,000 $185,000 $3,312 3.39%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,240,000 $206,667 $6,356 3.56%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,230,000 $307,500 $5,495 3.28%
    BOWLING GREEN, KY (FHA|USDA|VA) 6 $1,190,000 $198,333 $3,650 2.83%
    Fort Payne, AL (FHA|USDA|VA) 10 $1,190,000 $119,000 $6,897 3.29%
    McMinnville, TN (FHA|USDA|VA) 7 $1,115,000 $159,286 $5,407 2.96%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,090,000 $272,500 $7,591 2.91%
    DALTON, GA (FHA|USDA|VA) 5 $995,000 $199,000 $6,877 3.43%
    Cornelia, GA (FHA|USDA|VA) 6 $940,000 $156,667 $4,181 3.40%
    ALBANY, GA (FHA|USDA|VA) 6 $930,000 $155,000 $4,907 3.23%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $865,000 $288,333 $4,922 2.33%
    Newberry, SC (FHA|USDA|VA) 5 $815,000 $163,000 $3,211 3.12%
    GAINESVILLE, FL (FHA|USDA|VA) 4 $800,000 $200,000 $5,293 3.41%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $790,000 $197,500 $7,291 3.09%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $770,000 $192,500 $3,670 2.88%
    LOUISVILLE, KY (FHA|USDA|VA) 3 $755,000 $251,667 $5,435 2.88%
    Mayfield, KY (FHA|USDA|VA) 5 $715,000 $143,000 $4,362 3.70%
    COLUMBIA, SC (FHA|USDA|VA) 5 $715,000 $143,000 $7,267 2.70%
    Calhoun, GA (FHA|USDA|VA) 4 $690,000 $172,500 $5,912 3.38%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 6 $670,000 $111,667 $3,131 3.27%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $655,000 $218,333 $3,791 3.17%
    NEW BERN, NC (FHA|USDA|VA) 3 $635,000 $211,667 $2,308 2.75%
    Milledgeville, GA (FHA|USDA|VA) 2 $610,000 $305,000 $5,576 3.19%
    Okeechobee, FL (FHA|USDA|VA) 4 $590,000 $147,500 $4,030 3.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $580,000 $290,000 $5,627 3.38%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 4 $560,000 $140,000 $5,365 3.22%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $560,000 $280,000 $6,810 3.81%
    OCALA, FL (FHA|USDA|VA) 3 $535,000 $178,333 $5,278 3.17%
    Cedartown, GA (FHA|USDA|VA) 4 $530,000 $132,500 $5,595 3.38%
    Marion, NC (FHA|USDA|VA) 2 $520,000 $260,000 $5,788 3.00%
    Cullman, AL (FHA|USDA|VA) 1 $515,000 $515,000 $5,204 2.75%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $510,000 $255,000 $5,370 3.31%
    DECATUR, AL (FHA|USDA|VA) 3 $475,000 $158,333 $6,058 3.00%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $455,000 $455,000 $3,350 3.13%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $440,000 $220,000 $6,945 3.25%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $415,000 $415,000 $17,139 2.75%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $415,000 $138,333 $4,969 3.50%
    JACKSON, TN (FHA|USDA|VA) 1 $385,000 $385,000 $14,170 3.13%
    Toccoa, GA (FHA|USDA|VA) 1 $385,000 $385,000 $3,057 3.25%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $380,000 $190,000 $1,843 2.75%
    St. Marys, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,990 3.06%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $370,000 $185,000 $5,321 3.56%
    ROME, GA (FHA|USDA|VA) 2 $350,000 $175,000 $5,537 3.13%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $340,000 $170,000 $4,510 3.50%
    Cullowhee, NC (FHA|USDA|VA) 1 $315,000 $315,000 $4,264 3.25%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $305,000 $305,000 $4,022 3.50%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $285,000 $285,000 $10,448 3.50%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,770 2.75%
    HATTIESBURG, MS (FHA|USDA|VA) 2 $260,000 $130,000 $5,917 3.00%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $235,000 $235,000 $2,478 3.25%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $235,000 $235,000 $2,318 3.25%
    Warsaw, IN (FHA|USDA|VA) 1 $235,000 $235,000 $5,041 4.50%
    Murray, KY (FHA|USDA|VA) 2 $220,000 $110,000 $4,428 4.00%
    VALDOSTA, GA (FHA|USDA|VA) 1 $215,000 $215,000 $4,773 3.13%
    EL PASO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,770 2.25%
    BURLINGTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,873 4.13%
    Paris, TN (FHA|USDA|VA) 1 $185,000 $185,000 $6,079 2.63%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $2,241 2.63%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,660 3.63%
    JACKSON, MS (FHA|USDA|VA) 1 $175,000 $175,000 $1,126 2.00%
    Union City, TN (FHA|USDA|VA) 1 $175,000 $175,000 $5,423 3.75%
    Orangeburg, SC (FHA|USDA|VA) 1 $175,000 $175,000 $5,853 3.25%
    Lumberton, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,120 3.88%
    RICHMOND, VA (FHA|USDA|VA) 1 $175,000 $175,000 $3,662 3.13%
    GOLDSBORO, NC (FHA|USDA|VA) 2 $170,000 $85,000 $7,383 1.50%
    Bainbridge, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,314 3.45%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.63%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $165,000 $165,000 $4,828 3.38%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $155,000 $155,000 $4,057 3.38%
    Boone, NC (FHA|USDA|VA) 1 $145,000 $145,000 $2,989 2.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $145,000 $145,000 $5,441 3.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $135,000 $135,000 $1,099 3.00%
    Moultrie, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,047 3.88%
    Scottsboro, AL (FHA|USDA|VA) 1 $125,000 $125,000 $6,079 3.38%
    Rockingham, NC (FHA|USDA|VA) 1 $125,000 $125,000 $4,243 3.88%
    SAVANNAH, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,579 3.50%
    COLUMBUS, IN (FHA|USDA|VA) 1 $105,000 $105,000 $4,832 3.38%
    Laurinburg, NC (FHA|USDA|VA) 2 $90,000 $45,000 $3,613 1.81%
    Fitzgerald, GA (FHA|USDA|VA) 1 $85,000 $85,000 $5,571 3.63%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $75,000 $75,000 $5,301 3.63%
    Acopia's top markets include Nashville, Atlanta, Port St. Lucie, Asheville, and Charlotte among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Georgia (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.

    S. C. STATE FEDERAL CREDIT UNION
    Similarity Rank: 76
    Community Mortgage Banc Corporation
    Similarity Rank: 186
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 304
    Independence Bank of Kentucky
    Similarity Rank: 340
    SeaTrust Mortgage Company
    Similarity Rank: 432
    Coastal Carolina National Bank
    Similarity Rank: 480
    We Florida Financial
    Similarity Rank: 638
    Old Hickory Credit Union
    Similarity Rank: 680
    TENNESSEE TRUST MORTGAGE, INC
    Similarity Rank: 684
    Legacy Home Loans, LLC
    Similarity Rank: 832

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,054 $922,800,000 $227,627 $4,361 3.13%
    FHA 1,233 $267,125,000 $216,646 $8,197 3.30%
    VA 510 $134,070,000 $262,882 $4,931 3.13%
    USDA 187 $33,995,000 $181,791 $5,604 3.35%
    HELOC 17 $2,145,000 $126,176 n/a 4.65%

    For 2020, Acopia's most frequently originated type of loan was Conventional, with 4,054 originations. Their 2nd most popular type was FHA, with 1,233 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,486 $774,050,000 $222,045 $5,862 3.17%
    Refi 1,699 $408,165,000 $240,238 $4,115 3.07%
    Cash Out Refi 746 $163,440,000 $219,088 $5,343 3.44%
    Home Improvement 70 $14,480,000 $206,857 $5,524 3.20%

    For 2020, Acopia's most frequently cited loan purpose was Home Purchase, with 3,486 originations. The 2nd most popular reason was Refi, with 1,699 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,864 $1,137,500,000 $233,861 $5,558 3.30%
    15 Year 742 $147,280,000 $198,491 $3,966 2.58%
    20 Year 199 $43,195,000 $217,060 $4,283 3.23%
    10 Year 101 $13,615,000 $134,802 $3,481 2.37%
    Other 71 $17,865,000 $251,620 $4,029 3.31%
    5 Year 23 $315,000 $13,696 $0 0.00%
    1 Year 1 $365,000 $365,000 $0 7.25%

    For 2020, Acopia's most frequently cited loan duration was 30 Year, with 4,864 originations. The 2nd most popular length was 15 Year, with 742 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,473 $569,355,000 $230,228
    $2k-3k 1,158 $238,350,000 $205,829
    $<1k 871 $171,325,000 $196,699
    $3k-4k 776 $177,730,000 $229,034
    $4k-5k 391 $105,955,000 $270,985
    $5k+ 254 $85,560,000 $336,850

    Acopia's average total fees were $5,558, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,473 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 3,635 $858,105,000 $236,067
    2.5-3% 1,381 $326,015,000 $236,072
    <2.5% 644 $111,720,000 $173,478
    4-5% 289 $57,355,000 $198,460
    5-6% 46 $6,230,000 $135,435
    6-7% 4 $220,000 $55,000
    7-8% 2 $490,000 $245,000

    During 2020, Acopia's average interest rate for loans was 3.30%, while their most frequently originated rate bucket for loans was 3-4%, with 3,635 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,055 $823,805,000 $269,658 $5,723 3.22%
    $100k-200k 2,104 $333,250,000 $158,389 $4,696 3.30%
    $100,000 or less 457 $20,595,000 $45,066 $3,289 2.27%
    $400k-600k 370 $170,390,000 $460,514 $5,949 3.23%
    $600k-1MM 14 $9,800,000 $700,000 $8,116 3.51%
    $1MM+ 1 $2,295,000 $2,295,000 $44,187 3.50%

    2020 saw Acopia place emphasis on $200k-400k loans with 3,055 originations, totaling $823,805,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,731 $345,215,000 $199,431 $5,455 3.17%
    $50k or less 1,274 $196,910,000 $154,560 $5,307 3.11%
    $75k-100k 1,070 $253,310,000 $236,738 $5,426 3.22%
    $100k-150k 1,062 $290,970,000 $273,983 $5,218 3.26%
    $150k-250k 534 $171,290,000 $320,768 $5,066 3.21%
    $250k+ 169 $61,615,000 $364,586 $5,181 3.16%

    Acopia lent most frequently to those with incomes in the $50k-75k range, with 1,731 originations. The second most popular income band? $50k or less, with 1,274 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,220 $278,640,000 $228,393 $4,624 3.18%
    30-36% 1,039 $230,335,000 $221,689 $5,034 3.16%
    <20% 452 $102,310,000 $226,350 $4,186 3.09%
    50-60% 396 $92,560,000 $233,737 $7,892 3.18%
    43% 243 $54,025,000 $222,325 $5,514 3.23%
    44% 234 $51,880,000 $221,709 $5,761 3.34%
    41% 229 $49,145,000 $214,607 $5,305 3.18%
    42% 223 $50,395,000 $225,987 $5,441 3.34%
    39% 223 $47,465,000 $212,848 $5,667 3.01%
    37% 213 $46,755,000 $219,507 $5,325 3.10%
    40% 207 $48,375,000 $233,696 $5,721 3.18%
    38% 198 $44,390,000 $224,192 $5,454 3.15%
    36% 190 $41,970,000 $220,895 $5,524 3.12%
    49% 169 $39,615,000 $234,408 $5,331 3.37%
    45% 164 $37,900,000 $231,098 $5,842 3.31%
    48% 164 $39,500,000 $240,854 $6,003 3.22%
    47% 132 $29,900,000 $226,515 $5,786 3.21%
    46% 125 $29,075,000 $232,600 $5,559 3.18%
    >60% 15 $4,125,000 $275,000 $5,454 3.25%

    Acopia lent most frequently to those with DTI ratios of 20-30%, with 1,220 originations. The next most common DTI ratio? 30-36%, with 1,039 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,687 $1,075,055,000 $229,370 $5,129 3.20%
    Black 627 $125,945,000 $200,869 $6,235 3.09%
    Not provided 517 $119,015,000 $230,203 $5,603 3.08%
    Asian 136 $33,980,000 $249,853 $5,144 3.05%
    American Indian 23 $3,805,000 $165,435 $4,788 3.39%
    Native Hawaiian or Islander 5 $1,115,000 $223,000 $5,002 2.95%
    Asian Indian 1 $325,000 $325,000 $4,346 4.00%
    Filipino 2 $320,000 $160,000 $5,472 3.31%
    Guamanian 1 $215,000 $215,000 $6,006 3.38%
    Chinese 1 $195,000 $195,000 $4,845 2.88%
    Other Asian 1 $165,000 $165,000 $4,703 2.25%

    Approval Rates

    Total approvals of all applications
    95.51%

    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
    76.77%

    Acopia has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,001 $1,360,135,000 $226,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $455,000 $151,667
    Single Family (1-4 Units):Site-Built 5,998 $1,359,680,000 $226,689

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 143 $21,505,000 $150,385 $3,578 2.99%
    40-60% 596 $117,140,000 $196,544 $3,794 2.99%
    60-80% 1,716 $424,370,000 $247,302 $4,667 3.28%
    80-100% 3,215 $768,945,000 $239,174 $5,862 3.31%
    Over 100% 86 $24,490,000 $284,767 $9,954 3.19%
    Under 20% 245 $3,685,000 $15,041 $843 1.26%