First Nations Home Finance Corporation Mortgage Rates, Fees & Info
SAN DIEGO, CALEI: 549300LHJR6FIWIU8E25
Tax ID: 33-0649866
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First Nations Home Finance Corporation is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. First Nations Home Finance Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Riverside, San Diego, Los Angeles, Greeley, and Fort Collins among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)First Nations Home Finance Corporation 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. First Nations Home Finance Corporation 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 | 6.79% | 11/22/24 |
30 Year Conventional Refi | 6.68% | 11/22/24 |
30 Year Cash-out Refi | 6.72% | 11/22/24 |
30 Year FHA Purchase | 7.39% | 11/22/24 |
30 Year VA Purchase | 6.21% | 11/22/24 |
30 Year USDA Purchase | 6.64% | 11/22/24 |
15 Year Conventional Purchase | 6.44% | 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. |
First Nations Home Finance Corporation Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from First Nations Home Finance Corporation. 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
570Origination Dollar Volume (All Markets)
$135,780,000FIRST NATIONS HOME FINANCE CORPORATION - 2018
FIRST NATIONS HOME FINANCE CORPORATION is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for FIRST NATIONS HOME FINANCE CORPORATION?
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 |
---|---|---|---|---|---|
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 416 | $76,950,000 | $184,976 | $5,226 | 4.68% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 113 | $45,585,000 | $403,407 | $7,065 | 4.62% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 7 | $3,985,000 | $569,286 | $8,902 | 4.64% |
GREELEY, CO (FHA|USDA|VA) | 9 | $2,585,000 | $287,222 | $3,583 | 4.79% |
FORT COLLINS, CO (FHA|USDA|VA) | 7 | $1,905,000 | $272,143 | $4,673 | 4.79% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $5,048 | 5.08% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $5,149 | 4.38% |
TUCSON, AZ (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $8,542 | 6.38% |
Outside of Metro Areas | 2 | $350,000 | $175,000 | $4,707 | 5.06% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,324 | 4.75% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,709 | 3.88% |
STOCKTON, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,445 | 4.75% |
MADERA, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,402 | 4.38% |
EL CENTRO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,478 | 4.00% |
Pahrump, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,945 | 5.50% |
YUMA, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,162 | 5.25% |
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,549 | 5.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against FIRST NATIONS HOME FINANCE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 55
Similarity Rank: 176
Similarity Rank: 210
Similarity Rank: 248
Similarity Rank: 321
Similarity Rank: 500
Similarity Rank: 515
Similarity Rank: 612
Similarity Rank: 612
Similarity Rank: 732
Product Mix
For 2018, First Nations Home Finance Corporation's most frequently originated type of loan was Conventional, with 317 originations. Their 2nd most popular type was FHA, with 103 originations.
Loan Reason
For 2018, First Nations Home Finance Corporation's most frequently cited loan purpose was Home Purchase, with 422 originations. The 2nd most popular reason was Cash Out Refi, with 116 originations.
Loan Duration/Length
For 2018, First Nations Home Finance Corporation's most frequently cited loan duration was 30 Year, with 545 originations. The 2nd most popular length was 15 Year, with 14 originations.
Origination Fees/Closing Costs
First Nations Home Finance Corporation's average total fees were $5,669, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 376 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 425 | $101,015,000 | $237,682 |
5-6% | 93 | $21,105,000 | $226,935 |
3-4% | 50 | $13,040,000 | $260,800 |
6-7% | 1 | $85,000 | $85,000 |
7-8% | 1 | $535,000 | $535,000 |
During 2018, First Nations Home Finance Corporation's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 4-5%, with 425 originations.
Loan Sizing
2018 saw First Nations Home Finance Corporation place emphasis on $100k-200k loans with 240 originations, totaling $35,760,000 in origination value.
Applicant Income
First Nations Home Finance Corporation lent most frequently to those with incomes in the $50k-75k range, with 158 originations. The second most popular income band? $50k or less, with 136 originations.
Applicant Debt to Income Ratio
First Nations Home Finance Corporation lent most frequently to those with DTI ratios of 30-36%, with 89 originations. The next most common DTI ratio? 20-30%, with 87 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.40%
First Nations Home Finance Corporation has an average approval rate.
Pick Rate
Approvals leading to origination81.58%
First Nations Home Finance Corporation has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 570 | $135,780,000 | $238,211 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Single Family (1-4 Units):Manufactured | 16 | $2,920,000 | $182,500 |
Single Family (1-4 Units):Site-Built | 554 | $132,860,000 | $239,819 |
LTV Distribution
Complaints
Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
FIRST HOME MORTGAGE CORPORATION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 66.7% |
FIRST HOME MORTGAGE CORPORATION | Conventional home mortgage | Trouble during payment process | 1 | 33.3% |