Contour Mortgage Corporation Rates, Fees & Info

DOVER, DE

LEI: 549300LLKEKXL2RM1F61

Tax ID: 04-3212636

1.4 stars - out of 5 stars, based on 78 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Contour Mortgage Corporation is a small mortgage company specializing in Home Purchase and Refi loans. Contour Mortgage Corporation 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: New York, Washington, Baltimore, Atlanta, and Philadelphia among others. We have data for 269 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Contour Mortgage 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. Contour Mortgage Corporation is typically a high 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 6.93% 12/4/22
    30 Year Conventional Refi 6.77% 12/4/22
    30 Year Cash-out Refi 7.01% 12/4/22
    30 Year FHA Purchase 7.82% 12/4/22
    30 Year FHA Refi 7.43% 12/4/22
    30 Year VA Purchase 6.74% 12/4/22
    30 Year VA Refi 6.21% 12/4/22
    30 Year USDA Purchase 7.23% 12/4/22
    30 Year USDA Refi 6.78% 12/4/22
    15 Year Conventional Purchase 6.14% 12/4/22
    15 Year Conventional Refi 6.13% 12/4/22
    15 Year Cash-out Refi 6.13% 12/4/22
    15 Year FHA Refi 5.76% 12/4/22
    15 Year VA Purchase 6.24% 12/4/22
    15 Year VA Refi 6.10% 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

    6,073

    Origination Dollar Volume (All Markets)

    $2,186,915,000
    Show all (10) awards

    Relative Rate

    Contour Mortgage Corporation's average 30 year fixed mortgage rate was 3.04%.

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

    This yields a difference of -0.11%.

    Relative Fees (Closing Costs)

    Contour Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $8,631.

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3,151 $1,400,415,000 $444,435 $9,890 3.05%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 158 $55,360,000 $350,380 $7,369 3.02%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 161 $47,465,000 $294,814 $6,740 3.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 155 $39,285,000 $253,452 $6,994 3.15%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 152 $38,880,000 $255,789 $6,570 3.05%
    READING, PA (FHA|USDA|VA) 136 $28,850,000 $212,132 $5,852 2.99%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 53 $26,785,000 $505,377 $12,981 3.05%
    JACKSONVILLE, FL (FHA|USDA|VA) 95 $24,345,000 $256,263 $6,725 3.10%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 68 $21,780,000 $320,294 $6,929 3.02%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 57 $18,865,000 $330,965 $5,691 2.98%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 69 $17,605,000 $255,145 $5,169 2.94%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 63 $17,555,000 $278,651 $4,985 2.99%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 73 $16,755,000 $229,521 $5,762 3.17%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 37 $15,825,000 $427,703 $7,508 2.95%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 45 $15,205,000 $337,889 $8,627 3.11%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 58 $14,480,000 $249,655 $6,938 2.96%
    Outside of Metro Areas 65 $13,805,000 $212,385 $6,684 3.03%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 36 $11,260,000 $312,778 $8,740 2.92%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 36 $11,140,000 $309,444 $6,460 2.80%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 44 $10,520,000 $239,091 $6,557 2.76%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 28 $9,940,000 $355,000 $6,457 3.01%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 27 $9,915,000 $367,222 $8,505 2.81%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 36 $9,660,000 $268,333 $6,356 3.00%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 37 $9,245,000 $249,865 $6,098 2.84%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 41 $9,155,000 $223,293 $5,959 3.07%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 23 $7,865,000 $341,957 $5,383 2.88%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 40 $7,640,000 $191,000 $5,411 3.25%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 30 $7,280,000 $242,667 $4,644 2.68%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 30 $7,260,000 $242,000 $5,937 2.85%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 16 $6,990,000 $436,875 $13,113 2.80%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 13 $6,785,000 $521,923 $8,237 3.04%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 29 $6,735,000 $232,241 $5,371 3.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 27 $6,715,000 $248,704 $5,942 2.68%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 22 $6,370,000 $289,545 $6,975 2.67%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 26 $5,800,000 $223,077 $6,561 3.25%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 12 $5,760,000 $480,000 $7,720 2.81%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 23 $5,735,000 $249,348 $6,482 3.12%
    PITTSBURGH, PA (FHA|USDA|VA) 24 $5,240,000 $218,333 $7,017 2.97%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 21 $5,075,000 $241,667 $6,191 2.61%
    YORK-HANOVER, PA (FHA|USDA|VA) 27 $4,905,000 $181,667 $5,638 2.94%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 23 $4,865,000 $211,522 $7,059 3.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 21 $4,665,000 $222,143 $5,627 2.69%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 17 $4,655,000 $273,824 $9,928 2.76%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 12 $4,280,000 $356,667 $12,568 2.79%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 15 $4,125,000 $275,000 $6,441 2.84%
    LANCASTER, PA (FHA|USDA|VA) 15 $3,825,000 $255,000 $7,514 3.13%
    SAVANNAH, GA (FHA|USDA|VA) 17 $3,775,000 $222,059 $5,493 2.87%
    WORCESTER, MA-CT (FHA|USDA|VA) 14 $3,600,000 $257,143 $6,148 2.81%
    SALISBURY, MD-DE (FHA|USDA|VA) 13 $3,475,000 $267,308 $7,708 2.97%
    FAYETTEVILLE, NC (FHA|USDA|VA) 18 $3,420,000 $190,000 $4,809 2.59%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $3,065,000 $235,769 $7,684 3.00%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $3,015,000 $274,091 $8,553 2.94%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 16 $2,880,000 $180,000 $3,642 2.60%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 9 $2,875,000 $319,444 $6,799 2.68%
    COLUMBIA, SC (FHA|USDA|VA) 14 $2,760,000 $197,143 $5,243 2.80%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 9 $2,705,000 $300,556 $5,204 3.01%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 13 $2,705,000 $208,077 $5,173 2.57%
    Torrington, CT (FHA|USDA|VA) 10 $2,630,000 $263,000 $4,665 2.70%
    RICHMOND, VA (FHA|USDA|VA) 10 $2,560,000 $256,000 $4,572 2.84%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $2,555,000 $283,889 $7,329 2.97%
    SPRINGFIELD, MA (FHA|USDA|VA) 9 $2,285,000 $253,889 $6,504 3.08%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 11 $2,215,000 $201,364 $6,009 3.06%
    RALEIGH-CARY, NC (FHA|USDA|VA) 8 $2,150,000 $268,750 $8,169 3.00%
    HUNTSVILLE, AL (FHA|USDA|VA) 9 $2,145,000 $238,333 $7,200 2.93%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 10 $2,140,000 $214,000 $6,547 2.76%
    WINCHESTER, VA-WV (FHA|USDA|VA) 10 $2,010,000 $201,000 $6,194 3.08%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $1,970,000 $328,333 $11,499 2.98%
    GREELEY, CO (FHA|USDA|VA) 5 $1,965,000 $393,000 $7,236 2.93%
    PUEBLO, CO (FHA|USDA|VA) 8 $1,960,000 $245,000 $5,247 2.95%
    KINGSTON, NY (FHA|USDA|VA) 6 $1,890,000 $315,000 $8,371 3.10%
    COLUMBUS, GA-AL (FHA|USDA|VA) 10 $1,850,000 $185,000 $6,278 2.74%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 8 $1,850,000 $231,250 $5,344 2.70%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $1,840,000 $230,000 $6,691 3.39%
    HINESVILLE, GA (FHA|USDA|VA) 9 $1,725,000 $191,667 $4,492 2.51%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,660,000 $276,667 $10,219 2.81%
    OCALA, FL (FHA|USDA|VA) 7 $1,555,000 $222,143 $5,795 3.66%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 9 $1,535,000 $170,556 $4,570 2.96%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,505,000 $301,000 $6,892 2.50%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 5 $1,505,000 $301,000 $6,772 2.83%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,355,000 $271,000 $7,185 2.30%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $1,285,000 $142,778 $6,694 2.75%
    SPARTANBURG, SC (FHA|USDA|VA) 6 $1,280,000 $213,333 $4,443 2.63%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 6 $1,260,000 $210,000 $6,718 3.00%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,255,000 $179,286 $5,477 2.63%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $1,235,000 $247,000 $7,371 2.85%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 3 $1,225,000 $408,333 $9,426 2.54%
    OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,220,000 $305,000 $5,826 3.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $1,190,000 $297,500 $8,064 2.75%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,170,000 $292,500 $9,516 3.03%
    WILMINGTON, NC (FHA|USDA|VA) 4 $1,160,000 $290,000 $4,297 2.56%
    BRUNSWICK, GA (FHA|USDA|VA) 5 $1,155,000 $231,000 $10,263 3.28%
    THE VILLAGES, FL (FHA|USDA|VA) 4 $1,150,000 $287,500 $4,743 3.00%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,449 3.33%
    Seneca, SC (FHA|USDA|VA) 3 $1,135,000 $378,333 $5,774 3.00%
    WACO, TX (FHA|USDA|VA) 4 $1,100,000 $275,000 $9,300 2.72%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,095,000 $156,429 $5,286 3.55%
    LONGVIEW, WA (FHA|USDA|VA) 4 $1,090,000 $272,500 $8,988 2.75%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,949 2.78%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $12,943 3.42%
    BOULDER, CO (FHA|USDA|VA) 2 $1,050,000 $525,000 $14,420 2.75%
    LEBANON, PA (FHA|USDA|VA) 6 $1,050,000 $175,000 $6,488 3.15%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 6 $1,030,000 $171,667 $7,273 2.71%
    Oneonta, NY (FHA|USDA|VA) 4 $1,030,000 $257,500 $8,578 2.91%
    WINSTON-SALEM, NC (FHA|USDA|VA) 5 $1,005,000 $201,000 $6,006 3.05%
    DOVER, DE (FHA|USDA|VA) 5 $1,005,000 $201,000 $6,292 2.83%
    GLENS FALLS, NY (FHA|USDA|VA) 4 $940,000 $235,000 $6,806 3.31%
    VISALIA, CA (FHA|USDA|VA) 3 $925,000 $308,333 $11,686 2.92%
    SUMTER, SC (FHA|USDA|VA) 4 $920,000 $230,000 $4,818 2.66%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $920,000 $230,000 $6,196 2.66%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $910,000 $227,500 $5,915 2.66%
    WARNER ROBINS, GA (FHA|USDA|VA) 3 $855,000 $285,000 $6,241 3.38%
    SAN ANGELO, TX (FHA|USDA|VA) 5 $855,000 $171,000 $5,510 2.68%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $850,000 $212,500 $6,143 2.72%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $835,000 $278,333 $6,791 2.96%
    COLUMBUS, OH (FHA|USDA|VA) 3 $805,000 $268,333 $9,543 2.54%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $795,000 $265,000 $6,919 3.17%
    BATTLE CREEK, MI (FHA|USDA|VA) 4 $780,000 $195,000 $7,807 3.56%
    BINGHAMTON, NY (FHA|USDA|VA) 6 $770,000 $128,333 $5,691 3.35%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $765,000 $255,000 $5,627 2.92%
    SALEM, OR (FHA|USDA|VA) 3 $765,000 $255,000 $9,397 2.79%
    Lewisburg, TN (FHA|USDA|VA) 3 $745,000 $248,333 $5,578 2.79%
    SANTA FE, NM (FHA|USDA|VA) 1 $725,000 $725,000 $41,844 2.75%
    MIDLAND, TX (FHA|USDA|VA) 3 $695,000 $231,667 $8,130 3.08%
    CHICO, CA (FHA|USDA|VA) 1 $675,000 $675,000 $2,424 2.25%
    LAS CRUCES, NM (FHA|USDA|VA) 3 $655,000 $218,333 $7,691 2.67%
    NEW BERN, NC (FHA|USDA|VA) 3 $655,000 $218,333 $4,181 2.83%
    Morehead City, NC (FHA|USDA|VA) 2 $640,000 $320,000 $10,954 2.56%
    MADERA, CA (FHA|USDA|VA) 2 $630,000 $315,000 $15,747 2.94%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $615,000 $205,000 $8,245 3.00%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $615,000 $205,000 $2,967 2.75%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $610,000 $305,000 $15,316 2.56%
    ODESSA, TX (FHA|USDA|VA) 3 $605,000 $201,667 $6,727 2.63%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $605,000 $605,000 $14,306 3.00%
    CaƱon City, CO (FHA|USDA|VA) 2 $600,000 $300,000 $7,631 3.06%
    Sanford, NC (FHA|USDA|VA) 2 $600,000 $300,000 $6,552 2.75%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $595,000 $198,333 $8,648 2.58%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 2 $580,000 $290,000 $4,270 3.44%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $570,000 $285,000 $9,211 3.13%
    Shelton, WA (FHA|USDA|VA) 2 $550,000 $275,000 $11,655 2.81%
    SYRACUSE, NY (FHA|USDA|VA) 3 $545,000 $181,667 $9,695 2.79%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $545,000 $545,000 $3,656 3.25%
    Hudson, NY (FHA|USDA|VA) 2 $540,000 $270,000 $3,863 2.81%
    Concord, NH (FHA|USDA|VA) 2 $540,000 $270,000 $12,307 3.06%
    Key West, FL (FHA|USDA|VA) 1 $535,000 $535,000 $5,446 2.38%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $530,000 $265,000 $7,262 2.75%
    MODESTO, CA (FHA|USDA|VA) 2 $530,000 $265,000 $8,857 2.69%
    MONTGOMERY, AL (FHA|USDA|VA) 3 $525,000 $175,000 $3,445 2.46%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $525,000 $175,000 $5,389 3.21%
    JACKSONVILLE, NC (FHA|USDA|VA) 3 $525,000 $175,000 $6,534 2.25%
    FRESNO, CA (FHA|USDA|VA) 2 $510,000 $255,000 $4,811 2.25%
    LAREDO, TX (FHA|USDA|VA) 2 $500,000 $250,000 $10,389 2.31%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $495,000 $165,000 $5,190 2.71%
    MOBILE, AL (FHA|USDA|VA) 2 $490,000 $245,000 $9,196 2.31%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $470,000 $235,000 $8,130 2.69%
    LONGVIEW, TX (FHA|USDA|VA) 2 $470,000 $235,000 $9,239 3.50%
    VALLEJO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $2,079 2.25%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $460,000 $230,000 $6,810 3.00%
    CHARLESTON, WV (FHA|USDA|VA) 2 $460,000 $230,000 $3,715 2.25%
    Cortland, NY (FHA|USDA|VA) 1 $455,000 $455,000 $9,127 3.25%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $450,000 $225,000 $8,261 3.38%
    Traverse City, MI (FHA|USDA|VA) 1 $445,000 $445,000 $7,567 2.38%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $440,000 $220,000 $6,812 3.13%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $430,000 $215,000 $7,007 3.38%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $430,000 $215,000 $8,737 2.69%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $420,000 $210,000 $7,825 3.63%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $420,000 $210,000 $7,149 2.94%
    Las Vegas, NM (FHA|USDA|VA) 2 $420,000 $210,000 $4,781 2.25%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $415,000 $415,000 $18,887 2.75%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $410,000 $205,000 $5,005 2.56%
    VALDOSTA, GA (FHA|USDA|VA) 2 $410,000 $205,000 $9,605 3.13%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $405,000 $405,000 $10,395 3.50%
    Brenham, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,869 2.75%
    JACKSON, TN (FHA|USDA|VA) 2 $400,000 $200,000 $6,281 2.81%
    GOLDSBORO, NC (FHA|USDA|VA) 2 $400,000 $200,000 $9,752 2.69%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $390,000 $195,000 $5,013 2.69%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $380,000 $190,000 $9,927 2.25%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $375,000 $375,000 $9,810 2.63%
    Alexander City, AL (FHA|USDA|VA) 1 $365,000 $365,000 $8,449 2.75%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $355,000 $355,000 $2,855 3.25%
    Georgetown, SC (FHA|USDA|VA) 1 $355,000 $355,000 $6,561 2.50%
    St. Marys, GA (FHA|USDA|VA) 2 $350,000 $175,000 $7,033 2.69%
    Albemarle, NC (FHA|USDA|VA) 2 $350,000 $175,000 $5,671 2.25%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $340,000 $170,000 $6,090 2.88%
    TOLEDO, OH (FHA|USDA|VA) 1 $335,000 $335,000 $10,877 3.00%
    MERCED, CA (FHA|USDA|VA) 1 $335,000 $335,000 $8,923 2.63%
    Athens, TX (FHA|USDA|VA) 2 $330,000 $165,000 $5,239 3.50%
    STOCKTON, CA (FHA|USDA|VA) 1 $325,000 $325,000 $8,145 3.13%
    Pottsville, PA (FHA|USDA|VA) 2 $320,000 $160,000 $6,446 3.00%
    Grand Rapids, MN (FHA|USDA|VA) 1 $315,000 $315,000 $3,131 2.25%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $10,230 3.00%
    Washington, NC (FHA|USDA|VA) 1 $315,000 $315,000 $3,546 3.00%
    Palatka, FL (FHA|USDA|VA) 2 $310,000 $155,000 $3,884 3.56%
    YUBA CITY, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,338 2.25%
    Sunbury, PA (FHA|USDA|VA) 2 $300,000 $150,000 $5,752 3.56%
    Lamesa, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,162 2.50%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,835 2.44%
    YAKIMA, WA (FHA|USDA|VA) 2 $290,000 $145,000 $5,219 2.81%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $290,000 $145,000 $2,884 2.75%
    Sevierville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $4,177 2.75%
    Gloversville, NY (FHA|USDA|VA) 2 $280,000 $140,000 $6,425 3.69%
    Centralia, WA (FHA|USDA|VA) 1 $275,000 $275,000 $7,908 2.25%
    Port Angeles, WA (FHA|USDA|VA) 1 $275,000 $275,000 $8,521 2.75%
    MORGANTOWN, WV (FHA|USDA|VA) 1 $275,000 $275,000 $11,034 2.88%
    AMARILLO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $9,907 3.25%
    Indiana, PA (FHA|USDA|VA) 1 $265,000 $265,000 $6,424 3.13%
    Berlin, NH (FHA|USDA|VA) 2 $250,000 $125,000 $3,583 3.31%
    Cookeville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $7,316 3.50%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $245,000 $245,000 $1,248 2.63%
    Laconia, NH (FHA|USDA|VA) 1 $245,000 $245,000 $4,870 2.25%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $245,000 $245,000 $8,123 3.25%
    Lumberton, NC (FHA|USDA|VA) 1 $245,000 $245,000 $6,054 2.75%
    FLINT, MI (FHA|USDA|VA) 1 $245,000 $245,000 $9,636 3.38%
    Klamath Falls, OR (FHA|USDA|VA) 1 $245,000 $245,000 $2,960 2.25%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,010 2.25%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $235,000 $235,000 $7,329 2.75%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,363 3.50%
    NILES, MI (FHA|USDA|VA) 1 $225,000 $225,000 $9,408 3.63%
    Clarksburg, WV (FHA|USDA|VA) 1 $225,000 $225,000 $2,478 2.75%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,539 2.25%
    SPRINGFIELD, OH (FHA|USDA|VA) 2 $220,000 $110,000 $6,108 3.94%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $215,000 $215,000 $11,776 2.25%
    Sterling, CO (FHA|USDA|VA) 1 $215,000 $215,000 $8,039 3.13%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $215,000 $215,000 $5,879 2.88%
    Huntingdon, PA (FHA|USDA|VA) 1 $215,000 $215,000 $10,293 3.25%
    ABILENE, TX (FHA|USDA|VA) 1 $215,000 $215,000 $3,390 2.25%
    Mount Airy, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,913 3.25%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $205,000 $205,000 $2,419 3.00%
    LUBBOCK, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,433 2.88%
    Borger, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,810 2.63%
    VICTORIA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,919 2.75%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,419 2.25%
    Oil City, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,650 3.88%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $205,000 $205,000 $3,509 2.25%
    TYLER, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,716 3.50%
    ROCHESTER, MN (FHA|USDA|VA) 1 $185,000 $185,000 $1,860 3.50%
    Roseburg, OR (FHA|USDA|VA) 1 $185,000 $185,000 $13,016 2.38%
    Jefferson, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,797 2.75%
    Lock Haven, PA (FHA|USDA|VA) 1 $185,000 $185,000 $5,782 4.13%
    Bonham, TX (FHA|USDA|VA) 1 $185,000 $185,000 $2,971 2.75%
    STAUNTON, VA (FHA|USDA|VA) 1 $185,000 $185,000 $5,682 2.75%
    Pullman, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,769 3.88%
    Keene, NH (FHA|USDA|VA) 1 $175,000 $175,000 $4,194 3.38%
    Owatonna, MN (FHA|USDA|VA) 1 $165,000 $165,000 $4,399 2.25%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $165,000 $165,000 $5,120 2.25%
    Forest City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $7,702 3.50%
    Huntsville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,435 3.63%
    ROANOKE, VA (FHA|USDA|VA) 1 $165,000 $165,000 $6,318 2.88%
    Cornelia, GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,030 3.25%
    Roswell, NM (FHA|USDA|VA) 1 $165,000 $165,000 $4,906 2.75%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $165,000 $165,000 $5,425 2.38%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $155,000 $155,000 $6,276 3.63%
    Paris, TN (FHA|USDA|VA) 1 $155,000 $155,000 $10,517 2.38%
    Clovis, NM (FHA|USDA|VA) 1 $155,000 $155,000 $5,195 2.25%
    Fitzgerald, GA (FHA|USDA|VA) 1 $155,000 $155,000 $3,338 3.88%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $155,000 $155,000 $2,129 2.25%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,576 3.38%
    EL PASO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $2,904 2.38%
    FLORENCE, SC (FHA|USDA|VA) 1 $145,000 $145,000 $5,940 3.25%
    Sault Ste. Marie, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,351 3.38%
    Bainbridge, GA (FHA|USDA|VA) 1 $135,000 $135,000 $6,019 3.88%
    Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,246 3.25%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $4,826 2.25%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,571 3.00%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,605 2.25%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $115,000 $115,000 $4,425 2.63%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $115,000 $115,000 $4,488 3.13%
    Ashtabula, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,098 3.25%
    ROME, GA (FHA|USDA|VA) 1 $75,000 $75,000 $4,700 2.75%
    Auburn, NY (FHA|USDA|VA) 1 $75,000 $75,000 $3,009 3.88%
    Contour Mortgage Corporation's top markets include New York, Washington, Baltimore, Atlanta, and Philadelphia among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,181 $1,535,555,000 $367,270 $7,216 3.08%
    FHA 951 $365,025,000 $383,833 $14,580 3.05%
    VA 912 $280,400,000 $307,456 $7,162 2.64%
    USDA 29 $5,935,000 $204,655 $6,183 3.06%

    For 2021, Contour Mortgage Corporation's most frequently originated type of loan was Conventional, with 4,181 originations. Their 2nd most popular type was FHA, with 951 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,050 $1,212,570,000 $397,564 $9,163 3.12%
    Refi 1,766 $554,720,000 $314,111 $6,534 2.76%
    Cash Out Refi 1,257 $419,625,000 $333,831 $9,032 3.09%

    For 2021, Contour Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 3,050 originations. The 2nd most popular reason was Refi, with 1,766 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,527 $2,032,795,000 $367,794 $8,631 3.04%
    15 Year 299 $81,285,000 $271,856 $5,566 2.52%
    20 Year 149 $44,715,000 $300,101 $5,857 2.84%
    Other 84 $25,670,000 $305,595 $6,265 2.91%
    10 Year 13 $2,435,000 $187,308 $4,247 2.84%
    5 Year 1 $15,000 $15,000 $150 1.00%

    For 2021, Contour Mortgage Corporation's most frequently cited loan duration was 30 Year, with 5,527 originations. The 2nd most popular length was 15 Year, with 299 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,286 $786,650,000 $344,116
    $5k+ 1,499 $685,185,000 $457,095
    $3k-4k 600 $192,250,000 $320,417
    $<1k 599 $184,485,000 $307,988
    $2k-3k 595 $171,195,000 $287,723
    $4k-5k 461 $157,365,000 $341,356

    Contour Mortgage Corporation's average total fees were $8,631, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,286 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,687 $1,017,785,000 $378,781
    2.5-3% 2,387 $867,355,000 $363,366
    <2.5% 906 $274,790,000 $303,300
    4-5% 91 $26,765,000 $294,121
    5-6% 1 $205,000 $205,000
    7-8% 1 $15,000 $15,000

    During 2021, Contour Mortgage Corporation's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 3-4%, with 2,687 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,680 $785,790,000 $293,205 $7,128 2.97%
    $400k-600k 1,784 $861,060,000 $482,657 $9,861 3.01%
    $100k-200k 1,031 $166,065,000 $161,072 $5,212 3.02%
    $600k-1MM 495 $347,225,000 $701,465 $16,141 3.15%
    $100,000 or less 66 $5,270,000 $79,848 $3,902 3.13%
    $1MM+ 17 $21,505,000 $1,265,000 $26,916 3.27%

    2021 saw Contour Mortgage Corporation place emphasis on $200k-400k loans with 2,680 originations, totaling $785,790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,754 $737,360,000 $420,388 $9,769 3.05%
    $75k-100k 1,219 $412,195,000 $338,142 $8,724 3.04%
    $50k-75k 992 $255,030,000 $257,087 $7,520 3.05%
    $150k-250k 979 $441,795,000 $451,272 $8,864 3.09%
    $50k or less 855 $195,305,000 $228,427 $5,533 2.75%
    $250k+ 274 $145,230,000 $530,036 $8,035 3.02%

    Contour Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 1,754 originations. The second most popular income band? $75k-100k, with 1,219 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 922 $319,900,000 $346,963 $7,253 3.05%
    20-30% 825 $280,225,000 $339,667 $6,712 2.98%
    50-60% 373 $157,315,000 $421,756 $14,754 2.97%
    44% 296 $113,150,000 $382,264 $9,288 3.09%
    49% 292 $119,030,000 $407,637 $10,641 3.09%
    43% 257 $96,055,000 $373,755 $8,460 3.10%
    42% 246 $88,710,000 $360,610 $8,481 3.13%
    41% 239 $90,565,000 $378,933 $8,938 3.09%
    45% 236 $88,190,000 $373,686 $8,877 3.12%
    <20% 232 $73,040,000 $314,828 $6,347 2.97%
    40% 231 $88,095,000 $381,364 $8,674 3.10%
    47% 230 $90,360,000 $392,870 $9,869 3.05%
    37% 228 $82,110,000 $360,132 $7,854 3.10%
    48% 227 $93,055,000 $409,934 $10,322 3.09%
    46% 211 $79,865,000 $378,507 $9,464 3.03%
    38% 196 $71,440,000 $364,490 $8,288 3.12%
    39% 189 $68,035,000 $359,974 $8,707 3.13%
    36% 165 $60,725,000 $368,030 $7,878 3.08%
    >60% 4 $1,740,000 $435,000 $14,736 2.91%

    Contour Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 922 originations. The next most common DTI ratio? 20-30%, with 825 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,582 $1,228,750,000 $343,035 $7,507 2.99%
    Not provided 1,145 $392,655,000 $342,930 $7,805 2.99%
    Black 938 $379,360,000 $404,435 $11,524 3.09%
    Asian 381 $176,565,000 $463,425 $10,413 3.06%
    Native Hawaiian or Islander 6 $2,600,000 $433,333 $9,869 3.10%
    Filipino 6 $2,070,000 $345,000 $6,561 3.13%
    American Indian 7 $1,965,000 $280,714 $8,457 3.14%
    Chinese 3 $735,000 $245,000 $4,324 2.96%
    Asian Indian 2 $700,000 $350,000 $5,062 2.81%
    Korean 1 $675,000 $675,000 $6,250 3.25%
    Other Pacific Islander 1 $435,000 $435,000 $6,735 3.00%
    Other Asian 1 $405,000 $405,000 $5,866 3.25%

    Approval Rates

    Total approvals of all applications
    97.80%

    Contour Mortgage Corporation 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
    58.57%

    Contour Mortgage Corporation has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,073 $2,186,915,000 $360,105

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,073 $2,186,915,000 $360,105

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 159 $40,555,000 $255,063 $6,310 2.86%
    40-60% 636 $204,930,000 $322,217 $6,626 2.91%
    60-80% 2,238 $804,780,000 $359,598 $7,588 3.05%
    80-100% 2,935 $1,097,215,000 $373,838 $9,295 3.02%
    Over 100% 91 $37,455,000 $411,593 $13,877 2.83%
    Under 20% 14 $1,980,000 $141,429 $3,721 2.63%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CONTOUR MORTGAGE CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    CONTOUR MORTGAGE CORPORATION FHA mortgage Closing on a mortgage 1 50.0%