Contour Mortgage Corporation Rates, Fees & Info

DOVER, DE

LEI: 549300LLKEKXL2RM1F61

Tax ID: 04-3212636

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 Refi and 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, Baltimore, Washington, Philadelphia, and Los Angeles among others. We have data for 248 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 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 6.69% 11/17/24
30 Year Conventional Refi 6.63% 11/17/24
30 Year Cash-out Refi 6.82% 11/17/24
30 Year FHA Purchase 7.46% 11/17/24
30 Year FHA Refi 7.06% 11/17/24
30 Year VA Purchase 6.48% 11/17/24
30 Year VA Refi 5.96% 11/17/24
30 Year USDA Purchase 7.19% 11/17/24
15 Year Conventional Purchase 6.27% 11/17/24
15 Year Conventional Refi 6.21% 11/17/24
15 Year Cash-out Refi 6.21% 11/17/24
15 Year VA Purchase 5.68% 11/17/24
15 Year VA Refi 6.20% 11/17/24
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

5,897

Origination Dollar Volume (All Markets)

$2,034,495,000
Show all (34) 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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3,125 $1,311,885,000 $419,803 $9,274 3.10%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 204 $58,680,000 $287,647 $5,824 2.92%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 140 $48,560,000 $346,857 $7,089 2.86%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 161 $40,865,000 $253,820 $6,241 3.10%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 64 $34,440,000 $538,125 $11,309 3.13%
JACKSONVILLE, FL (FHA|USDA|VA) 178 $33,280,000 $186,966 $5,801 2.97%
READING, PA (FHA|USDA|VA) 150 $32,250,000 $215,000 $6,093 3.09%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 105 $21,025,000 $200,238 $5,250 2.99%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 42 $18,190,000 $433,095 $7,321 3.02%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 68 $17,640,000 $259,412 $4,433 2.90%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 72 $16,790,000 $233,194 $4,516 2.99%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 50 $13,850,000 $277,000 $5,544 2.90%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 47 $13,065,000 $277,979 $6,213 3.18%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 45 $13,045,000 $289,889 $7,993 3.07%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 52 $12,910,000 $248,269 $6,076 2.82%
Outside of Metro Areas 59 $12,745,000 $216,017 $5,916 2.89%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 43 $11,845,000 $275,465 $5,930 2.77%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 44 $11,390,000 $258,864 $6,742 2.90%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 29 $10,785,000 $371,897 $5,719 3.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 47 $10,585,000 $225,213 $4,869 3.07%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $10,200,000 $340,000 $8,137 3.01%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 38 $9,980,000 $262,632 $5,355 3.02%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 34 $9,460,000 $278,235 $6,476 3.03%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 35 $9,445,000 $269,857 $6,227 2.72%
COLORADO SPRINGS, CO (FHA|USDA|VA) 32 $9,190,000 $287,188 $6,627 3.04%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 39 $9,105,000 $233,462 $4,491 2.88%
PITTSBURGH, PA (FHA|USDA|VA) 31 $8,225,000 $265,323 $6,475 3.05%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 22 $7,910,000 $359,545 $7,667 2.73%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 28 $7,550,000 $269,643 $5,077 2.72%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 23 $6,925,000 $301,087 $5,632 2.82%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 21 $6,735,000 $320,714 $6,235 2.85%
LANCASTER, PA (FHA|USDA|VA) 23 $5,675,000 $246,739 $6,487 3.13%
YORK-HANOVER, PA (FHA|USDA|VA) 30 $5,540,000 $184,667 $5,881 2.81%
Torrington, CT (FHA|USDA|VA) 18 $4,380,000 $243,333 $5,034 2.94%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 15 $3,925,000 $261,667 $5,168 3.08%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 21 $3,865,000 $184,048 $5,894 3.38%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 15 $3,725,000 $248,333 $5,547 2.68%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 15 $3,705,000 $247,000 $6,814 3.03%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 15 $3,665,000 $244,333 $5,420 2.85%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 15 $3,655,000 $243,667 $6,412 2.90%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $3,545,000 $272,692 $6,351 2.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 17 $3,525,000 $207,353 $4,952 2.59%
SAVANNAH, GA (FHA|USDA|VA) 17 $3,485,000 $205,000 $4,894 2.93%
RICHMOND, VA (FHA|USDA|VA) 13 $3,275,000 $251,923 $5,723 2.66%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 16 $3,250,000 $203,125 $4,060 2.60%
EAST STROUDSBURG, PA (FHA|USDA|VA) 18 $3,240,000 $180,000 $4,977 2.84%
SALISBURY, MD-DE (FHA|USDA|VA) 12 $3,150,000 $262,500 $4,929 2.97%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $2,780,000 $231,667 $4,634 2.71%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $2,665,000 $533,000 $8,320 2.85%
WORCESTER, MA-CT (FHA|USDA|VA) 10 $2,630,000 $263,000 $5,298 2.78%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $2,620,000 $327,500 $6,235 2.58%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 11 $2,535,000 $230,455 $4,745 2.63%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,355,000 $261,667 $6,008 3.11%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $2,325,000 $258,333 $5,758 3.21%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $2,270,000 $227,000 $5,508 2.98%
EL PASO, TX (FHA|USDA|VA) 11 $2,155,000 $195,909 $6,285 2.78%
SPARTANBURG, SC (FHA|USDA|VA) 11 $2,075,000 $188,636 $4,542 3.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 8 $1,990,000 $248,750 $6,850 2.33%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $1,885,000 $209,444 $6,149 3.11%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 10 $1,820,000 $182,000 $5,042 2.80%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $1,800,000 $225,000 $4,916 3.08%
JACKSONVILLE, NC (FHA|USDA|VA) 9 $1,795,000 $199,444 $4,865 2.97%
HUNTSVILLE, AL (FHA|USDA|VA) 9 $1,775,000 $197,222 $4,614 2.71%
RALEIGH-CARY, NC (FHA|USDA|VA) 7 $1,715,000 $245,000 $6,234 3.13%
ASHEVILLE, NC (FHA|USDA|VA) 7 $1,645,000 $235,000 $7,686 2.98%
GREELEY, CO (FHA|USDA|VA) 5 $1,605,000 $321,000 $8,473 2.83%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 7 $1,605,000 $229,286 $7,551 3.20%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,575,000 $225,000 $6,548 2.77%
SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,510,000 $251,667 $6,803 2.60%
LEBANON, PA (FHA|USDA|VA) 8 $1,510,000 $188,750 $5,031 2.89%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $1,505,000 $301,000 $8,131 2.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 8 $1,480,000 $185,000 $4,533 2.67%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,470,000 $367,500 $8,138 3.00%
OCEAN CITY, NJ (FHA|USDA|VA) 7 $1,455,000 $207,857 $5,398 2.91%
Pottsville, PA (FHA|USDA|VA) 7 $1,455,000 $207,857 $5,208 2.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 5 $1,425,000 $285,000 $6,177 2.25%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 5 $1,395,000 $279,000 $5,711 3.15%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,370,000 $228,333 $4,506 2.60%
Oneonta, NY (FHA|USDA|VA) 6 $1,300,000 $216,667 $5,089 3.25%
Seneca, SC (FHA|USDA|VA) 4 $1,260,000 $315,000 $4,013 3.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,986 2.65%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $1,245,000 $415,000 $3,053 2.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $1,240,000 $206,667 $4,970 3.35%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,155,000 $231,000 $4,911 2.65%
MODESTO, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $9,540 2.96%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $1,080,000 $270,000 $4,341 2.69%
COLUMBUS, GA-AL (FHA|USDA|VA) 4 $1,050,000 $262,500 $5,912 3.03%
DALTON, GA (FHA|USDA|VA) 2 $990,000 $495,000 $4,826 2.81%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $965,000 $193,000 $4,718 2.88%
BRUNSWICK, GA (FHA|USDA|VA) 4 $940,000 $235,000 $8,801 3.22%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $935,000 $311,667 $3,959 2.42%
VISALIA, CA (FHA|USDA|VA) 4 $930,000 $232,500 $6,994 2.56%
WARNER ROBINS, GA (FHA|USDA|VA) 5 $925,000 $185,000 $4,790 2.90%
FORT COLLINS, CO (FHA|USDA|VA) 3 $905,000 $301,667 $5,499 2.79%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $890,000 $222,500 $4,807 3.03%
Oak Harbor, WA (FHA|USDA|VA) 3 $885,000 $295,000 $6,303 2.67%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $885,000 $295,000 $4,833 2.83%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $870,000 $145,000 $3,746 3.06%
DOVER, DE (FHA|USDA|VA) 4 $870,000 $217,500 $7,754 2.69%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $845,000 $281,667 $5,490 2.58%
HINESVILLE, GA (FHA|USDA|VA) 5 $815,000 $163,000 $3,792 2.70%
LUBBOCK, TX (FHA|USDA|VA) 3 $815,000 $271,667 $5,898 2.29%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $810,000 $202,500 $7,491 2.78%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $775,000 $258,333 $5,904 2.58%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $770,000 $385,000 $4,821 2.63%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $765,000 $255,000 $5,550 3.04%
Alexander City, AL (FHA|USDA|VA) 2 $740,000 $370,000 $2,937 2.50%
PUEBLO, CO (FHA|USDA|VA) 4 $740,000 $185,000 $5,102 2.75%
STOCKTON, CA (FHA|USDA|VA) 2 $700,000 $350,000 $7,290 2.69%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $695,000 $231,667 $5,562 2.67%
GAINESVILLE, GA (FHA|USDA|VA) 2 $690,000 $345,000 $4,668 3.38%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $680,000 $340,000 $9,219 2.88%
OCALA, FL (FHA|USDA|VA) 4 $680,000 $170,000 $4,684 2.97%
TYLER, TX (FHA|USDA|VA) 3 $655,000 $218,333 $3,583 2.92%
Granbury, TX (FHA|USDA|VA) 2 $650,000 $325,000 $6,079 3.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $645,000 $215,000 $3,965 3.00%
KNOXVILLE, TN (FHA|USDA|VA) 3 $645,000 $215,000 $3,878 2.67%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 4 $630,000 $157,500 $5,721 3.09%
Keene, NH (FHA|USDA|VA) 3 $625,000 $208,333 $2,746 2.83%
THE VILLAGES, FL (FHA|USDA|VA) 2 $610,000 $305,000 $4,970 2.44%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $610,000 $305,000 $5,118 2.56%
LONGVIEW, WA (FHA|USDA|VA) 2 $600,000 $300,000 $11,130 2.69%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $595,000 $198,333 $6,658 2.96%
ROANOKE, VA (FHA|USDA|VA) 2 $590,000 $295,000 $3,032 2.69%
Fairmont, WV (FHA|USDA|VA) 2 $580,000 $290,000 $6,021 2.63%
GETTYSBURG, PA (FHA|USDA|VA) 2 $570,000 $285,000 $8,474 2.75%
ROCHESTER, NY (FHA|USDA|VA) 4 $550,000 $137,500 $5,886 3.09%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $550,000 $275,000 $6,467 3.00%
ALBANY, GA (FHA|USDA|VA) 2 $550,000 $275,000 $10,666 2.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $540,000 $270,000 $5,464 2.50%
AMARILLO, TX (FHA|USDA|VA) 2 $540,000 $270,000 $5,334 2.50%
YAKIMA, WA (FHA|USDA|VA) 2 $540,000 $270,000 $5,230 2.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $535,000 $178,333 $4,912 3.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $530,000 $265,000 $6,526 2.88%
GRANTS PASS, OR (FHA|USDA|VA) 2 $530,000 $265,000 $8,194 2.88%
PITTSFIELD, MA (FHA|USDA|VA) 1 $515,000 $515,000 $6,018 2.50%
SANTA FE, NM (FHA|USDA|VA) 2 $500,000 $250,000 $3,565 2.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $500,000 $250,000 $6,275 2.88%
BINGHAMTON, NY (FHA|USDA|VA) 3 $495,000 $165,000 $6,482 3.08%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $485,000 $161,667 $4,973 2.46%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $470,000 $235,000 $5,672 2.50%
FLORENCE, SC (FHA|USDA|VA) 2 $470,000 $235,000 $5,072 3.19%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $465,000 $155,000 $4,591 2.71%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $455,000 $455,000 $4,761 2.75%
VALLEJO, CA (FHA|USDA|VA) 1 $455,000 $455,000 $14,684 3.75%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 2 $440,000 $220,000 $6,797 2.94%
ROCHESTER, MN (FHA|USDA|VA) 2 $420,000 $210,000 $3,124 2.56%
Durango, CO (FHA|USDA|VA) 1 $415,000 $415,000 $1,796 2.75%
SALEM, OR (FHA|USDA|VA) 2 $410,000 $205,000 $6,054 3.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,873 2.38%
Jefferson, GA (FHA|USDA|VA) 2 $400,000 $200,000 $4,288 3.06%
SYRACUSE, NY (FHA|USDA|VA) 2 $400,000 $200,000 $6,104 3.00%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $395,000 $395,000 $5,742 2.88%
MIDLAND, TX (FHA|USDA|VA) 1 $395,000 $395,000 $8,342 2.38%
Albemarle, NC (FHA|USDA|VA) 2 $390,000 $195,000 $2,997 2.63%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $385,000 $385,000 $15,759 2.75%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $380,000 $190,000 $6,646 3.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $370,000 $185,000 $4,896 2.81%
Hudson, NY (FHA|USDA|VA) 1 $365,000 $365,000 $1,902 2.75%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $360,000 $180,000 $4,960 2.44%
St. Marys, GA (FHA|USDA|VA) 2 $360,000 $180,000 $5,772 2.63%
ODESSA, TX (FHA|USDA|VA) 1 $355,000 $355,000 $5,898 2.75%
Roswell, NM (FHA|USDA|VA) 2 $350,000 $175,000 $8,647 3.06%
BECKLEY, WV (FHA|USDA|VA) 1 $345,000 $345,000 $14,284 2.75%
Milledgeville, GA (FHA|USDA|VA) 1 $345,000 $345,000 $5,442 2.25%
Red Wing, MN (FHA|USDA|VA) 1 $345,000 $345,000 $7,307 2.25%
Beeville, TX (FHA|USDA|VA) 1 $335,000 $335,000 $5,490 2.38%
LAS CRUCES, NM (FHA|USDA|VA) 2 $330,000 $165,000 $5,238 3.56%
BELLINGHAM, WA (FHA|USDA|VA) 2 $330,000 $165,000 $7,031 2.88%
DOTHAN, AL (FHA|USDA|VA) 2 $330,000 $165,000 $8,080 2.31%
Morehead City, NC (FHA|USDA|VA) 2 $330,000 $165,000 $5,338 2.25%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $315,000 $315,000 $10,984 3.25%
Kerrville, TX (FHA|USDA|VA) 1 $315,000 $315,000 $2,167 2.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $310,000 $155,000 $5,120 2.75%
VALDOSTA, GA (FHA|USDA|VA) 1 $305,000 $305,000 $1,775 2.25%
REDDING, CA (FHA|USDA|VA) 2 $300,000 $150,000 $3,355 2.63%
JACKSON, TN (FHA|USDA|VA) 1 $295,000 $295,000 $1,631 2.75%
Greenwood, SC (FHA|USDA|VA) 2 $290,000 $145,000 $7,050 3.13%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,168 2.38%
Fort Morgan, CO (FHA|USDA|VA) 1 $285,000 $285,000 $10,577 3.88%
NEW BERN, NC (FHA|USDA|VA) 1 $285,000 $285,000 $9,389 2.25%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $285,000 $285,000 $7,408 2.75%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $285,000 $285,000 $6,679 3.25%
Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $285,000 $285,000 $6,216 2.38%
LaGrange, GA-AL (FHA|USDA|VA) 1 $275,000 $275,000 $8,712 3.63%
CaƱon City, CO (FHA|USDA|VA) 1 $275,000 $275,000 $6,957 3.63%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,765 2.75%
FRESNO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,977 2.75%
Susanville, CA (FHA|USDA|VA) 1 $275,000 $275,000 $15,249 3.63%
Andrews, TX (FHA|USDA|VA) 1 $265,000 $265,000 $8,491 3.38%
Cullman, AL (FHA|USDA|VA) 1 $265,000 $265,000 $6,099 2.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $265,000 $265,000 $3,620 2.63%
Newport, OR (FHA|USDA|VA) 1 $265,000 $265,000 $5,868 2.75%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $265,000 $265,000 $14,035 2.25%
UTICA-ROME, NY (FHA|USDA|VA) 1 $255,000 $255,000 $3,309 2.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,355 2.25%
MONTGOMERY, AL (FHA|USDA|VA) 1 $245,000 $245,000 $6,255 3.25%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $245,000 $245,000 $7,395 3.38%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $245,000 $245,000 $1,370 3.63%
ABILENE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $6,858 3.25%
Martinsville, VA (FHA|USDA|VA) 1 $235,000 $235,000 $4,109 2.75%
SAN ANGELO, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,137 2.25%
SUMTER, SC (FHA|USDA|VA) 1 $235,000 $235,000 $4,726 3.25%
LYNCHBURG, VA (FHA|USDA|VA) 1 $235,000 $235,000 $2,897 3.38%
Shelton, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,940 2.75%
GOLDSBORO, NC (FHA|USDA|VA) 1 $225,000 $225,000 $7,336 2.88%
HARRISONBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $5,788 2.75%
Dublin, GA (FHA|USDA|VA) 1 $215,000 $215,000 $2,622 2.75%
WHEELING, WV-OH (FHA|USDA|VA) 1 $215,000 $215,000 $5,536 2.75%
EL CENTRO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,554 2.25%
Uvalde, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,779 2.25%
BURLINGTON, NC (FHA|USDA|VA) 1 $205,000 $205,000 $9,025 2.88%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $205,000 $205,000 $5,731 2.25%
ST. CLOUD, MN (FHA|USDA|VA) 1 $205,000 $205,000 $2,865 2.75%
Lebanon, NH-VT (FHA|USDA|VA) 1 $205,000 $205,000 $6,301 2.75%
Gloversville, NY (FHA|USDA|VA) 1 $205,000 $205,000 $5,077 5.00%
Crossville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $3,104 2.38%
Calhoun, GA (FHA|USDA|VA) 1 $195,000 $195,000 $6,099 2.88%
Aberdeen, WA (FHA|USDA|VA) 1 $195,000 $195,000 $7,900 3.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,015 3.25%
LAREDO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $1,703 2.75%
Centralia, WA (FHA|USDA|VA) 1 $195,000 $195,000 $8,049 2.63%
MORGANTOWN, WV (FHA|USDA|VA) 1 $185,000 $185,000 $4,793 2.75%
Prineville, OR (FHA|USDA|VA) 1 $185,000 $185,000 $13,085 2.75%
Elkins, WV (FHA|USDA|VA) 1 $185,000 $185,000 $3,203 2.25%
Indiana, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,081 3.38%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $175,000 $175,000 $12,901 3.25%
Rockingham, NC (FHA|USDA|VA) 1 $175,000 $175,000 $5,786 3.25%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $175,000 $175,000 $9,940 2.75%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $175,000 $175,000 $4,782 2.25%
PANAMA CITY, FL (FHA|USDA|VA) 1 $175,000 $175,000 $2,042 2.75%
Clovis, NM (FHA|USDA|VA) 1 $165,000 $165,000 $5,263 2.25%
Palatka, FL (FHA|USDA|VA) 1 $165,000 $165,000 $6,928 3.88%
Paris, TX (FHA|USDA|VA) 1 $165,000 $165,000 $2,543 2.25%
Nacogdoches, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,792 2.25%
Elizabeth City, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,998 2.25%
Gallup, NM (FHA|USDA|VA) 1 $145,000 $145,000 $2,758 2.38%
Cortland, NY (FHA|USDA|VA) 1 $145,000 $145,000 $4,950 2.50%
Lake City, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,711 2.75%
Sevierville, TN (FHA|USDA|VA) 1 $135,000 $135,000 $5,100 2.25%
MORRISTOWN, TN (FHA|USDA|VA) 1 $135,000 $135,000 $1,110 3.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,557 2.88%
Berlin, NH (FHA|USDA|VA) 1 $125,000 $125,000 $2,901 2.38%
Sanford, NC (FHA|USDA|VA) 1 $125,000 $125,000 $4,025 2.25%
GLENS FALLS, NY (FHA|USDA|VA) 1 $125,000 $125,000 $4,101 4.25%
Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $7,533 3.38%
Statesboro, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,583 3.75%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $65,000 $65,000 $3,581 3.88%
Contour Mortgage Corporation's top markets include New York, Baltimore, Washington, Philadelphia, and Los Angeles 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 3,898 $1,401,140,000 $359,451 $6,792 3.09%
    VA 1,084 $315,830,000 $291,356 $6,400 2.72%
    FHA 873 $309,445,000 $354,462 $13,626 3.12%
    USDA 42 $8,080,000 $192,381 $5,740 3.01%

    For 2020, Contour Mortgage Corporation's most frequently originated type of loan was Conventional, with 3,898 originations. Their 2nd most popular type was VA, with 1,084 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,496 $812,940,000 $325,697 $6,347 2.88%
    Home Purchase 2,478 $900,190,000 $363,273 $8,981 3.11%
    Cash Out Refi 923 $321,365,000 $348,174 $8,158 3.20%

    For 2020, Contour Mortgage Corporation's most frequently cited loan purpose was Refi, with 2,496 originations. The 2nd most popular reason was Home Purchase, with 2,478 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,224 $1,833,450,000 $350,967 $8,013 3.05%
    15 Year 365 $101,725,000 $278,699 $5,291 2.68%
    20 Year 164 $52,810,000 $322,012 $5,725 2.95%
    Other 125 $42,725,000 $341,800 $6,583 2.95%
    10 Year 19 $3,785,000 $199,211 $3,398 3.72%

    For 2020, Contour Mortgage Corporation's most frequently cited loan duration was 30 Year, with 5,224 originations. The 2nd most popular length was 15 Year, with 365 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,342 $791,480,000 $337,950
    $5k+ 1,216 $548,100,000 $450,740
    $<1k 715 $196,935,000 $275,434
    $2k-3k 631 $172,755,000 $273,780
    $3k-4k 569 $177,815,000 $312,504
    $4k-5k 374 $127,400,000 $340,642

    Contour Mortgage Corporation's average total fees were $8,013, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,342 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,675 $936,305,000 $350,021
    3-4% 2,194 $779,560,000 $355,314
    <2.5% 841 $252,405,000 $300,125
    4-5% 176 $64,760,000 $367,955
    5-6% 6 $1,430,000 $238,333
    7-8% 5 $35,000 $7,000

    During 2020, Contour Mortgage Corporation's average interest rate for loans was 3.05%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,675 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,868 $857,240,000 $298,898 $6,842 2.99%
    $400k-600k 1,649 $779,835,000 $472,914 $9,359 3.06%
    $100k-200k 960 $152,080,000 $158,417 $4,964 3.02%
    $600k-1MM 335 $231,185,000 $690,104 $16,257 3.19%
    $100,000 or less 78 $4,790,000 $61,410 $2,704 2.95%
    $1MM+ 7 $9,365,000 $1,337,857 $37,929 3.34%

    2020 saw Contour Mortgage Corporation place emphasis on $200k-400k loans with 2,868 originations, totaling $857,240,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,562 $618,380,000 $395,890 $8,981 3.10%
    $50k or less 1,109 $269,705,000 $243,197 $5,418 2.78%
    $150k-250k 1,051 $455,425,000 $433,325 $8,210 3.09%
    $75k-100k 1,051 $348,705,000 $331,784 $8,502 3.05%
    $50k-75k 854 $213,250,000 $249,707 $7,219 3.10%
    $250k+ 268 $128,370,000 $478,993 $6,927 2.97%

    Contour Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 1,562 originations. The second most popular income band? $50k or less, with 1,109 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 895 $299,015,000 $334,095 $6,170 2.97%
    30-36% 855 $293,875,000 $343,713 $6,976 3.06%
    50-60% 310 $120,140,000 $387,548 $13,735 3.05%
    49% 283 $106,805,000 $377,403 $10,320 3.14%
    44% 275 $99,065,000 $360,236 $9,068 3.22%
    43% 229 $86,485,000 $377,664 $8,469 3.14%
    <20% 222 $69,540,000 $313,243 $5,216 2.89%
    42% 217 $78,545,000 $361,959 $8,360 3.17%
    45% 204 $77,790,000 $381,324 $9,326 3.16%
    41% 200 $75,290,000 $376,450 $8,211 3.18%
    48% 199 $76,625,000 $385,050 $9,405 3.17%
    40% 190 $67,300,000 $354,211 $7,981 3.10%
    39% 188 $68,110,000 $362,287 $7,337 3.10%
    47% 174 $64,010,000 $367,874 $9,790 3.05%
    46% 171 $62,305,000 $364,357 $8,798 3.13%
    37% 165 $56,945,000 $345,121 $7,623 3.06%
    38% 158 $55,950,000 $354,114 $8,206 3.13%
    36% 151 $51,765,000 $342,815 $7,317 3.10%
    >60% 17 $5,225,000 $307,353 $7,355 3.01%

    Contour Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 895 originations. The next most common DTI ratio? 30-36%, with 855 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,840 $1,276,600,000 $332,448 $7,063 3.01%
    Black 844 $315,950,000 $374,348 $10,359 3.09%
    Not provided 867 $295,365,000 $340,675 $7,394 2.99%
    Asian 328 $139,210,000 $424,421 $9,753 3.12%
    Native Hawaiian or Islander 7 $3,005,000 $429,286 $5,578 3.18%
    Filipino 3 $1,505,000 $501,667 $11,143 2.63%
    American Indian 4 $1,070,000 $267,500 $5,362 2.50%
    Asian Indian 2 $740,000 $370,000 $11,407 3.13%
    Other Pacific Islander 1 $545,000 $545,000 $11,873 3.63%
    Other Asian 1 $505,000 $505,000 $11,697 2.75%

    Approval Rates

    Total approvals of all applications
    97.40%

    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
    69.76%

    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 5,897 $2,034,495,000 $345,005

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $145,000 $145,000
    Single Family (1-4 Units):Site-Built 5,896 $2,034,350,000 $345,039

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 152 $37,550,000 $247,039 $6,066 2.93%
    40-60% 602 $199,520,000 $331,429 $6,276 2.94%
    60-80% 1,994 $719,110,000 $360,637 $6,907 3.07%
    80-100% 2,929 $1,014,785,000 $346,461 $8,645 3.03%
    Over 100% 185 $61,625,000 $333,108 $9,277 2.86%
    Under 20% 35 $1,905,000 $54,429 $1,903 2.55%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CONTOUR MORTGAGE CORPORATION Conventional home mortgage Struggling to pay mortgage 1 20.0%
    CONTOUR MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 1 20.0%
    CONTOUR MORTGAGE CORPORATION Other type of mortgage Closing on a mortgage 1 20.0%
    CONTOUR MORTGAGE CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    CONTOUR MORTGAGE CORPORATION Conventional home mortgage Closing on a mortgage 1 20.0%