Contour Mortgage Corporation Rates, Fees & Info

DOVER, DE

LEI: 549300LLKEKXL2RM1F61

Tax ID: 04-3212636

1 stars - Updated: 12/17/24 - out of 5 stars, based on 55 reviews

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

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Mortgage Data

Review & Overview

Contour Mortgage Corporation is a small mortgage company specializing in Home Purchase 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, Philadelphia, Reading, Baltimore, and Washington among others. We have data for 213 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 relatively high 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 6.69% 12/17/24
30 Year Conventional Refi 6.63% 12/17/24
30 Year Cash-out Refi 6.82% 12/17/24
30 Year FHA Purchase 7.46% 12/17/24
30 Year FHA Refi 7.06% 12/17/24
30 Year VA Purchase 6.48% 12/17/24
30 Year VA Refi 5.96% 12/17/24
30 Year USDA Purchase 7.19% 12/17/24
15 Year Conventional Purchase 6.27% 12/17/24
15 Year Conventional Refi 6.21% 12/17/24
15 Year Cash-out Refi 6.21% 12/17/24
15 Year VA Purchase 5.68% 12/17/24
15 Year VA Refi 6.20% 12/17/24
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.

Contour Mortgage Corporation Mortgage Calculator






Your Estimates

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

This is not an official calculator from Contour Mortgage 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

2,981

Origination Dollar Volume (All Markets)

$1,227,425,000

Awards

CONTOUR MORTGAGE CORPORATION 30 Year Conventional Loans gold CONTOUR MORTGAGE CORPORATION 30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

Contour Mortgage Corporation's average 30 year fixed mortgage rate was 6.67%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.19%.

Relative Fees (Closing Costs)

Contour Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $14,031.

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 $9,089.

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) 1,853 $899,465,000 $485,410 $15,511 6.66%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 85 $26,825,000 $315,588 $11,684 6.83%
READING, PA (FHA|USDA|VA) 77 $19,635,000 $255,000 $9,300 6.96%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 67 $19,325,000 $288,433 $9,837 6.75%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 41 $17,405,000 $424,512 $14,382 6.62%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 44 $15,220,000 $345,909 $11,427 6.60%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 30 $11,560,000 $385,333 $11,181 6.87%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 10 $11,140,000 $1,114,000 $29,367 6.39%
Outside of Metro Areas 43 $9,515,000 $221,279 $11,083 6.51%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 31 $9,215,000 $297,258 $11,712 6.51%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 18 $7,100,000 $394,444 $12,559 6.87%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 19 $7,055,000 $371,316 $16,158 6.61%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 31 $7,015,000 $226,290 $8,408 6.72%
JACKSONVILLE, FL (FHA|USDA|VA) 22 $6,900,000 $313,636 $11,351 6.34%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 22 $6,580,000 $299,091 $12,643 6.53%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 15 $4,505,000 $300,333 $9,934 6.61%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 16 $4,050,000 $253,125 $10,930 6.64%
EAST STROUDSBURG, PA (FHA|USDA|VA) 13 $3,845,000 $295,769 $12,111 6.74%
PITTSBURGH, PA (FHA|USDA|VA) 19 $3,795,000 $199,737 $9,803 6.70%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 14 $3,760,000 $268,571 $8,331 6.76%
BATTLE CREEK, MI (FHA|USDA|VA) 21 $3,665,000 $174,524 $7,786 6.48%
PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $3,395,000 $308,636 $12,104 6.69%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $3,050,000 $305,000 $12,081 6.83%
LANCASTER, PA (FHA|USDA|VA) 12 $2,980,000 $248,333 $9,375 6.90%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 10 $2,930,000 $293,000 $11,499 6.48%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $2,655,000 $295,000 $12,893 6.35%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $2,605,000 $372,143 $14,991 6.23%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $2,585,000 $369,286 $12,153 7.09%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,485,000 $828,333 $14,957 6.79%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $2,275,000 $252,778 $12,670 6.86%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 10 $2,260,000 $226,000 $10,464 6.48%
COLUMBIA, SC (FHA|USDA|VA) 8 $2,190,000 $273,750 $11,979 6.61%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 8 $2,060,000 $257,500 $12,480 7.20%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $2,005,000 $286,429 $13,365 6.64%
RALEIGH-CARY, NC (FHA|USDA|VA) 7 $1,985,000 $283,571 $11,719 6.54%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,945,000 $389,000 $16,320 6.65%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,830,000 $305,000 $14,741 6.65%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 5 $1,785,000 $357,000 $12,328 6.68%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,770,000 $295,000 $19,536 6.44%
GAINESVILLE, FL (FHA|USDA|VA) 5 $1,725,000 $345,000 $14,503 6.58%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $1,680,000 $280,000 $11,182 6.38%
NILES, MI (FHA|USDA|VA) 6 $1,620,000 $270,000 $9,656 7.21%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,615,000 $323,000 $9,884 6.45%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 6 $1,500,000 $250,000 $10,395 6.04%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $1,465,000 $488,333 $20,388 6.00%
SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,460,000 $365,000 $12,192 6.56%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,405,000 $281,000 $12,012 6.60%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,395,000 $279,000 $11,281 6.20%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,340,000 $223,333 $8,780 6.83%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,320,000 $220,000 $14,511 6.50%
WILMINGTON, NC (FHA|USDA|VA) 4 $1,300,000 $325,000 $11,211 6.53%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,295,000 $259,000 $11,499 6.45%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,155,000 $385,000 $18,419 6.79%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,150,000 $575,000 $18,897 6.44%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,145,000 $229,000 $8,102 6.50%
Holland, MI (FHA|USDA|VA) 5 $1,145,000 $229,000 $10,300 6.85%
OCALA, FL (FHA|USDA|VA) 5 $1,125,000 $225,000 $10,924 6.58%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $1,030,000 $515,000 $19,110 6.81%
YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,015,000 $203,000 $8,002 6.90%
KINGSTON, NY (FHA|USDA|VA) 3 $1,015,000 $338,333 $12,411 7.13%
ROCHESTER, NY (FHA|USDA|VA) 5 $1,015,000 $203,000 $10,434 6.40%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $975,000 $325,000 $13,292 5.96%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $955,000 $318,333 $16,269 6.08%
WARNER ROBINS, GA (FHA|USDA|VA) 4 $950,000 $237,500 $13,768 6.59%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $920,000 $230,000 $11,367 5.38%
SPARTANBURG, SC (FHA|USDA|VA) 4 $920,000 $230,000 $12,591 6.44%
PANAMA CITY, FL (FHA|USDA|VA) 2 $910,000 $455,000 $11,382 6.44%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $905,000 $301,667 $14,376 6.83%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $900,000 $225,000 $13,236 6.06%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $890,000 $445,000 $13,224 6.75%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $835,000 $278,333 $12,833 6.58%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $775,000 $258,333 $11,048 7.42%
Sturgis, MI (FHA|USDA|VA) 4 $770,000 $192,500 $9,766 6.44%
HINESVILLE, GA (FHA|USDA|VA) 3 $765,000 $255,000 $11,327 6.17%
COLUMBUS, OH (FHA|USDA|VA) 2 $760,000 $380,000 $13,055 6.94%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $760,000 $380,000 $12,097 5.63%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $760,000 $380,000 $17,080 6.25%
RICHMOND, VA (FHA|USDA|VA) 3 $745,000 $248,333 $10,962 6.38%
Steamboat Springs, CO (FHA|USDA|VA) 1 $725,000 $725,000 $24,646 6.25%
SYRACUSE, NY (FHA|USDA|VA) 4 $720,000 $180,000 $10,038 6.56%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $715,000 $238,333 $9,195 6.88%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $710,000 $355,000 $16,121 6.81%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $690,000 $345,000 $21,165 6.56%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $685,000 $228,333 $6,734 6.21%
Cedartown, GA (FHA|USDA|VA) 3 $665,000 $221,667 $10,032 7.21%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $665,000 $665,000 $24,237 5.88%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $660,000 $165,000 $11,495 6.31%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $660,000 $330,000 $9,992 6.31%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $655,000 $218,333 $9,514 6.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $640,000 $160,000 $9,659 7.41%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $620,000 $310,000 $16,310 6.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $615,000 $205,000 $9,346 7.42%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $610,000 $305,000 $12,953 7.88%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $605,000 $605,000 $12,142 7.13%
TULSA, OK (FHA|USDA|VA) 2 $590,000 $295,000 $19,143 7.06%
KNOXVILLE, TN (FHA|USDA|VA) 3 $585,000 $195,000 $11,293 6.42%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 3 $585,000 $195,000 $7,892 6.92%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $580,000 $290,000 $19,923 5.50%
GETTYSBURG, PA (FHA|USDA|VA) 2 $570,000 $285,000 $15,681 7.25%
Sevierville, TN (FHA|USDA|VA) 1 $565,000 $565,000 $49,788 5.75%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 2 $550,000 $275,000 $13,185 7.38%
BRUNSWICK, GA (FHA|USDA|VA) 1 $535,000 $535,000 $11,831 5.63%
Hudson, NY (FHA|USDA|VA) 1 $515,000 $515,000 $15,661 7.13%
LEBANON, PA (FHA|USDA|VA) 2 $500,000 $250,000 $9,378 6.63%
JACKSON, MS (FHA|USDA|VA) 4 $500,000 $125,000 $5,810 7.09%
LUBBOCK, TX (FHA|USDA|VA) 1 $495,000 $495,000 $14,159 6.13%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $495,000 $495,000 $40,452 6.25%
Albemarle, NC (FHA|USDA|VA) 1 $485,000 $485,000 $5,124 6.50%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $485,000 $485,000 $32,477 5.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $450,000 $225,000 $7,674 7.44%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $450,000 $225,000 $5,818 5.44%
THE VILLAGES, FL (FHA|USDA|VA) 1 $435,000 $435,000 $14,791 7.13%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $430,000 $215,000 $7,928 6.31%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $430,000 $215,000 $9,442 6.75%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $425,000 $425,000 $27,712 4.88%
MUSKEGON, MI (FHA|USDA|VA) 3 $415,000 $138,333 $4,355 6.46%
Pottsville, PA (FHA|USDA|VA) 4 $410,000 $102,500 $5,232 6.81%
GLENS FALLS, NY (FHA|USDA|VA) 2 $410,000 $205,000 $9,509 6.56%
DOVER, DE (FHA|USDA|VA) 2 $410,000 $205,000 $12,054 6.81%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $410,000 $205,000 $8,849 6.56%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $410,000 $205,000 $13,340 6.56%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $405,000 $135,000 $7,253 7.33%
Olean, NY (FHA|USDA|VA) 1 $395,000 $395,000 $11,688 5.63%
Oneonta, NY (FHA|USDA|VA) 3 $385,000 $128,333 $5,633 6.67%
Forest City, NC (FHA|USDA|VA) 1 $385,000 $385,000 $15,068 6.75%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $385,000 $385,000 $6,205 6.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $380,000 $190,000 $12,169 6.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $375,000 $375,000 $13,432 6.25%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $375,000 $375,000 $7,135 7.25%
FLORENCE, SC (FHA|USDA|VA) 1 $365,000 $365,000 $13,310 6.75%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $355,000 $355,000 $11,747 6.25%
Durango, CO (FHA|USDA|VA) 1 $355,000 $355,000 $9,509 5.63%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $350,000 $175,000 $7,660 6.81%
Manitowoc, WI (FHA|USDA|VA) 1 $335,000 $335,000 $5,732 6.63%
FARMINGTON, NM (FHA|USDA|VA) 2 $330,000 $165,000 $11,195 5.81%
Laconia, NH (FHA|USDA|VA) 1 $325,000 $325,000 $22,986 6.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $315,000 $315,000 $9,358 6.75%
MADISON, WI (FHA|USDA|VA) 1 $305,000 $305,000 $24,633 5.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $295,000 $295,000 $7,009 6.63%
LYNCHBURG, VA (FHA|USDA|VA) 1 $295,000 $295,000 $8,192 6.63%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $290,000 $145,000 $12,162 6.25%
Sanford, NC (FHA|USDA|VA) 1 $285,000 $285,000 $13,924 6.63%
UTICA-ROME, NY (FHA|USDA|VA) 1 $285,000 $285,000 $16,300 6.63%
TOLEDO, OH (FHA|USDA|VA) 2 $280,000 $140,000 $4,285 6.94%
SAVANNAH, GA (FHA|USDA|VA) 1 $275,000 $275,000 $9,391 5.75%
Athens, TN (FHA|USDA|VA) 1 $275,000 $275,000 $15,270 7.00%
NEW BERN, NC (FHA|USDA|VA) 1 $275,000 $275,000 $14,235 7.75%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $270,000 $135,000 $6,750 7.38%
ERIE, PA (FHA|USDA|VA) 2 $270,000 $135,000 $10,720 5.94%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $260,000 $130,000 $7,027 7.38%
HATTIESBURG, MS (FHA|USDA|VA) 2 $250,000 $125,000 $10,376 6.63%
Easton, MD (FHA|USDA|VA) 1 $245,000 $245,000 $16,974 5.75%
MONTGOMERY, AL (FHA|USDA|VA) 1 $245,000 $245,000 $3,522 5.88%
Altus, OK (FHA|USDA|VA) 1 $245,000 $245,000 $4,714 7.00%
ITHACA, NY (FHA|USDA|VA) 1 $235,000 $235,000 $17,063 6.75%
CaƱon City, CO (FHA|USDA|VA) 1 $235,000 $235,000 $12,580 6.38%
ROME, GA (FHA|USDA|VA) 1 $235,000 $235,000 $8,716 7.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $225,000 $225,000 $10,297 7.13%
JACKSON, MI (FHA|USDA|VA) 1 $225,000 $225,000 $8,572 7.50%
Martinsville, VA (FHA|USDA|VA) 1 $225,000 $225,000 $12,174 7.13%
Selinsgrove, PA (FHA|USDA|VA) 1 $225,000 $225,000 $8,849 6.88%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $215,000 $215,000 $9,786 7.13%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $13,321 6.50%
Centralia, WA (FHA|USDA|VA) 1 $215,000 $215,000 $12,276 7.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $215,000 $215,000 $11,661 6.25%
Somerset, PA (FHA|USDA|VA) 1 $205,000 $205,000 $7,689 7.13%
VALDOSTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $8,408 5.75%
CHARLESTON, WV (FHA|USDA|VA) 1 $205,000 $205,000 $7,990 7.88%
DALTON, GA (FHA|USDA|VA) 1 $205,000 $205,000 $13,859 5.13%
YAKIMA, WA (FHA|USDA|VA) 1 $195,000 $195,000 $18,282 4.88%
GREENVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,782 7.00%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $185,000 $185,000 $10,504 6.63%
Ogdensburg-Massena, NY (FHA|USDA|VA) 2 $180,000 $90,000 $5,694 7.25%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $175,000 $175,000 $12,012 6.25%
Big Rapids, MI (FHA|USDA|VA) 1 $175,000 $175,000 $10,760 6.75%
COLUMBIA, MO (FHA|USDA|VA) 1 $175,000 $175,000 $9,722 6.75%
Corning, NY (FHA|USDA|VA) 1 $175,000 $175,000 $13,171 5.75%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $175,000 $175,000 $5,910 7.50%
EL PASO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $9,912 5.88%
MIDLAND, TX (FHA|USDA|VA) 1 $165,000 $165,000 $7,615 6.88%
MOBILE, AL (FHA|USDA|VA) 1 $165,000 $165,000 $11,519 6.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,722 6.25%
McComb, MS (FHA|USDA|VA) 1 $165,000 $165,000 $12,890 5.25%
Hutchinson, MN (FHA|USDA|VA) 1 $155,000 $155,000 $5,625 6.75%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $12,125 5.63%
Norwalk, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,879 5.63%
LAS CRUCES, NM (FHA|USDA|VA) 1 $155,000 $155,000 $8,950 6.63%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $155,000 $155,000 $6,632 7.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $155,000 $155,000 $10,882 5.63%
Vidalia, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,769 6.50%
Crossville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,721 6.25%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $145,000 $145,000 $10,322 6.75%
Muskogee, OK (FHA|USDA|VA) 1 $135,000 $135,000 $9,382 5.25%
Moses Lake, WA (FHA|USDA|VA) 1 $135,000 $135,000 $12,324 5.63%
Cortland, NY (FHA|USDA|VA) 1 $135,000 $135,000 $5,019 6.75%
Portsmouth, OH (FHA|USDA|VA) 1 $135,000 $135,000 $10,325 6.25%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $125,000 $125,000 $7,944 7.00%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $125,000 $125,000 $7,576 7.50%
Marion, OH (FHA|USDA|VA) 1 $125,000 $125,000 $10,564 6.25%
Snyder, TX (FHA|USDA|VA) 1 $115,000 $115,000 $6,651 6.25%
AKRON, OH (FHA|USDA|VA) 1 $115,000 $115,000 $10,018 6.13%
DULUTH, MN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $6,690 6.75%
Lufkin, TX (FHA|USDA|VA) 1 $115,000 $115,000 $8,070 5.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $115,000 $115,000 $5,883 5.75%
Kinston, NC (FHA|USDA|VA) 1 $115,000 $115,000 $6,842 6.75%
Plattsburgh, NY (FHA|USDA|VA) 1 $105,000 $105,000 $6,244 6.63%
DECATUR, AL (FHA|USDA|VA) 1 $105,000 $105,000 $8,716 5.75%
DuBois, PA (FHA|USDA|VA) 1 $105,000 $105,000 $7,715 7.50%
BINGHAMTON, NY (FHA|USDA|VA) 1 $95,000 $95,000 $4,948 7.50%
Wooster, OH (FHA|USDA|VA) 1 $95,000 $95,000 $8,451 6.00%
LaGrange, GA-AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,309 6.25%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $75,000 $75,000 $5,254 6.25%
SAGINAW, MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,354 7.75%
Contour Mortgage Corporation's top markets include New York, Philadelphia, Reading, Baltimore, and Washington among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,999 $815,765,000 $408,087 $10,962 6.74%
    FHA 703 $316,035,000 $449,552 $22,170 6.53%
    VA 276 $95,140,000 $344,710 $14,745 6.41%
    USDA 3 $485,000 $161,667 $7,648 6.63%

    For 2023, Contour Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,999 originations. Their 2nd most popular type was FHA, with 703 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,532 $1,084,690,000 $428,393 $13,825 6.71%
    Cash Out Refi 392 $116,270,000 $296,607 $14,477 6.40%
    Refi 57 $26,465,000 $464,298 $16,651 6.41%

    For 2023, Contour Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 2,532 originations. The 2nd most popular reason was Cash Out Refi, with 392 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,933 $1,212,125,000 $413,271 $14,031 6.67%
    15 Year 30 $9,220,000 $307,333 $10,276 6.08%
    20 Year 9 $2,265,000 $251,667 $8,079 6.78%
    Other 6 $1,520,000 $253,333 $11,781 6.13%
    10 Year 2 $580,000 $290,000 $8,294 7.00%
    30+ year 1 $1,715,000 $1,715,000 $11,783 7.74%

    For 2023, Contour Mortgage Corporation's most frequently cited loan duration was 30 Year, with 2,933 originations. The 2nd most popular length was 15 Year, with 30 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,991 $912,935,000 $458,531
    $1k-2k 325 $128,805,000 $396,323
    $4k-5k 223 $62,045,000 $278,229
    $3k-4k 209 $52,875,000 $252,990
    $2k-3k 132 $35,650,000 $270,076
    $<1k 95 $32,185,000 $338,789

    Contour Mortgage Corporation's average total fees were $14,031, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,991 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,729 $724,625,000 $419,101
    7-8% 753 $308,465,000 $409,648
    5-6% 460 $177,040,000 $384,870
    Over 8% 33 $15,305,000 $463,788
    4-5% 6 $1,990,000 $331,667

    During 2023, Contour Mortgage Corporation's average interest rate for loans was 6.67%, while their most frequently originated rate bucket for loans was 6-7%, with 1,729 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,040 $310,950,000 $298,990 $11,018 6.71%
    $400k-600k 1,030 $510,780,000 $495,903 $15,687 6.68%
    $600k-1MM 426 $300,720,000 $705,915 $22,429 6.63%
    $100k-200k 422 $64,970,000 $153,957 $7,512 6.53%
    $100,000 or less 34 $2,930,000 $86,176 $5,232 6.53%
    $1MM+ 29 $37,075,000 $1,278,448 $40,230 7.01%

    2023 saw Contour Mortgage Corporation place emphasis on $200k-400k loans with 1,040 originations, totaling $310,950,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,006 $416,130,000 $413,648 $14,549 6.67%
    $150k-250k 815 $440,925,000 $541,012 $16,555 6.74%
    $75k-100k 473 $134,025,000 $283,351 $11,276 6.59%
    $50k-75k 354 $76,190,000 $215,226 $9,640 6.50%
    $250k+ 214 $138,590,000 $647,617 $17,346 6.84%
    $50k or less 118 $21,220,000 $179,831 $8,864 6.41%

    Contour Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 1,006 originations. The second most popular income band? $150k-250k, with 815 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 417 $194,555,000 $466,559 $21,721 6.51%
    30-36% 354 $134,420,000 $379,718 $11,122 6.69%
    49% 261 $112,725,000 $431,897 $14,612 6.72%
    20-30% 246 $82,370,000 $334,837 $9,782 6.64%
    48% 208 $92,380,000 $444,135 $14,935 6.68%
    45% 151 $65,185,000 $431,689 $14,163 6.62%
    47% 148 $62,080,000 $419,459 $14,081 6.66%
    46% 145 $62,165,000 $428,724 $13,966 6.67%
    42% 134 $54,590,000 $407,388 $12,124 6.75%
    44% 131 $55,655,000 $424,847 $13,478 6.68%
    43% 125 $52,295,000 $418,360 $14,318 6.65%
    41% 112 $42,870,000 $382,768 $12,009 6.71%
    38% 112 $42,970,000 $383,661 $11,712 6.63%
    40% 104 $45,220,000 $434,808 $12,873 6.64%
    39% 94 $35,720,000 $380,000 $10,138 6.80%
    36% 91 $32,905,000 $361,593 $10,869 6.78%
    37% 83 $32,755,000 $394,639 $12,193 6.63%
    <20% 39 $14,885,000 $381,667 $14,125 6.69%
    >60% 19 $9,535,000 $501,842 $17,296 7.07%

    Contour Mortgage Corporation lent most frequently to those with DTI ratios of 50-60%, with 417 originations. The next most common DTI ratio? 30-36%, with 354 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,601 $634,975,000 $396,611 $12,674 6.66%
    Not provided 719 $291,065,000 $404,819 $13,606 6.71%
    Black 446 $196,930,000 $441,547 $18,362 6.54%
    Asian 206 $101,610,000 $493,252 $15,818 6.75%
    Native Hawaiian or Islander 4 $1,540,000 $385,000 $14,581 6.59%
    American Indian 2 $590,000 $295,000 $12,632 6.75%
    Asian Indian 2 $400,000 $200,000 $4,058 6.44%
    Chinese 1 $315,000 $315,000 $15,936 6.50%

    Approval Rates

    Total approvals of all applications
    96.71%

    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
    50.02%

    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 2,981 $1,227,425,000 $411,749

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,981 $1,227,425,000 $411,749

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 72 $16,420,000 $228,056 $8,293 6.59%
    40-60% 230 $73,710,000 $320,478 $10,912 6.49%
    60-80% 790 $316,280,000 $400,354 $12,120 6.71%
    80-100% 1,843 $803,995,000 $436,243 $15,293 6.66%
    Over 100% 37 $15,735,000 $425,270 $18,992 6.48%
    Under 20% 9 $1,285,000 $142,778 $6,088 6.56%