Pacific Home Loans Mortgage Rates, Fees & Info
KIHEI, HILEI: 549300LF0MZUT1N6QL28
Tax ID: 26-1284444
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Pacific Home Loans is a smaller mortgage company specializing in Refi and Home Purchase loans. Pacific Home Loans has a high proportion of conventional loans. Their top markets by origination volume include: Kahului, Kapaa, Hilo, Urban Honolulu, and San Francisco among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Pacific Home Loans has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Pacific Home Loans 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 | 6.20% | 11/22/24 |
| 30 Year Conventional Refi | 5.63% | 11/22/24 |
| 30 Year Cash-out Refi | 6.23% | 11/22/24 |
| 30 Year FHA Purchase | 6.03% | 11/22/24 |
| 15 Year Conventional Refi | 5.44% | 11/22/24 |
| 15 Year Cash-out Refi | 5.44% | 11/22/24 |
| 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. | ||
Pacific Home Loans Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Pacific Home Loans. 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
118Origination Dollar Volume (All Markets)
$59,450,000Awards
PACIFIC HOME LOANS - 2020
PACIFIC HOME LOANS is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for PACIFIC HOME LOANS?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 90 | $44,910,000 | $499,000 | $5,107 | 2.83% |
| Kapaa, HI (FHA|USDA|VA) | 9 | $5,215,000 | $579,444 | $4,301 | 2.81% |
| Hilo, HI (FHA|USDA|VA) | 9 | $4,635,000 | $515,000 | $4,402 | 2.72% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 5 | $2,225,000 | $445,000 | $4,827 | 2.68% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $4,323 | 2.96% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $10,056 | 2.88% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,524 | 3.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against PACIFIC HOME LOANS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 112
Similarity Rank: 204
Similarity Rank: 252
Similarity Rank: 369
Similarity Rank: 564
Similarity Rank: 644
Similarity Rank: 652
Similarity Rank: 666
Similarity Rank: 770
Similarity Rank: 848
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 118 | $59,450,000 | $503,814 | $5,002 | 2.82% |
For 2020, Pacific Home Loans's most frequently originated type of loan was Conventional, with 118 originations.
Loan Reason
For 2020, Pacific Home Loans's most frequently cited loan purpose was Refi, with 60 originations. The 2nd most popular reason was Home Purchase, with 42 originations.
Loan Duration/Length
For 2020, Pacific Home Loans's most frequently cited loan duration was 30 Year, with 97 originations. The 2nd most popular length was 15 Year, with 14 originations.
Origination Fees/Closing Costs
Pacific Home Loans's average total fees were $5,132, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 103 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 66 | $33,920,000 | $513,939 |
| <2.5% | 27 | $12,675,000 | $469,444 |
| 3-4% | 25 | $12,855,000 | $514,200 |
During 2020, Pacific Home Loans's average interest rate for loans was 2.89%, while their most frequently originated rate bucket for loans was 2.5-3%, with 66 originations.
Loan Sizing
2020 saw Pacific Home Loans place emphasis on $400k-600k loans with 39 originations, totaling $18,925,000 in origination value.
Applicant Income
Pacific Home Loans lent most frequently to those with incomes in the $150k-250k range, with 39 originations. The second most popular income band? $100k-150k, with 29 originations.
Applicant Debt to Income Ratio
Pacific Home Loans lent most frequently to those with DTI ratios of 20-30%, with 34 originations. The next most common DTI ratio? 30-36%, with 21 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.35%
Pacific Home Loans has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination95.76%
Pacific Home Loans has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 118 | $59,450,000 | $503,814 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 118 | $59,450,000 | $503,814 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Pacific Home Loans, Inc | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 25.0% |
| Pacific Home Loans, Inc | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 25.0% |
| Pacific Home Loans, Inc | VA mortgage | Trouble during payment process | 2 | 50.0% |