Victoria Financial Corp. Mortgage Rates, Fees & Info

SAN GABRIEL, CA

LEI: 549300LMP5T3UBHAEI68

Tax ID: 95-4249171

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Victoria Financial Corp. is a small mortgage company specializing in Refi and Cash Out Refi loans. Victoria Financial Corp. has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Diego, San Francisco, and Oxnard among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Victoria Financial Corp. has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Victoria Financial Corp. is typically a low 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 6.45% 4/21/24
    30 Year Conventional Refi 6.40% 4/21/24
    30 Year Cash-out Refi 6.59% 4/21/24
    15 Year Conventional Refi 5.61% 4/21/24
    15 Year Cash-out Refi 5.61% 4/21/24
    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.

    Victoria Financial Corp. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Victoria Financial Corp.. 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

    3,014

    Origination Dollar Volume (All Markets)

    $1,269,490,000
    Show all (15) 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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2,260 $983,310,000 $435,093 $2,946 2.89%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 425 $145,745,000 $342,929 $3,000 3.06%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 114 $47,190,000 $413,947 $2,994 2.90%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 59 $27,935,000 $473,475 $3,030 2.86%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 65 $27,615,000 $424,846 $3,080 2.88%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 32 $16,530,000 $516,563 $3,015 2.77%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 42 $14,700,000 $350,000 $2,984 3.02%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,415,000 $483,000 $3,196 2.75%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $810,000 $405,000 $2,926 2.94%
    SALINAS, CA (FHA|USDA|VA) 2 $710,000 $355,000 $2,867 2.69%
    BAKERSFIELD, CA (FHA|USDA|VA) 2 $690,000 $345,000 $2,776 2.63%
    MODESTO, CA (FHA|USDA|VA) 2 $560,000 $280,000 $2,818 3.31%
    STOCKTON, CA (FHA|USDA|VA) 1 $475,000 $475,000 $2,938 2.88%
    Outside of Metro Areas 1 $295,000 $295,000 $4,146 2.63%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $285,000 $285,000 $2,783 3.63%
    VALLEJO, CA (FHA|USDA|VA) 1 $225,000 $225,000 $3,597 4.12%
    Victoria Financial Corp.'s top markets include Los Angeles, Riverside, San Diego, San Francisco, and Oxnard among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against VICTORIA FINANCIAL CORP. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 330
    Chaffey Federal Credit Union
    Similarity Rank: 345
    MANHATTAN FINANCIAL GROUP, INC.
    Similarity Rank: 384
    MYPOINT Credit Union
    Similarity Rank: 560
    ALTURA
    Similarity Rank: 628
    Christian Community Credit Union
    Similarity Rank: 716
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 1053
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 1120
    FFC Mortgage Corp.
    Similarity Rank: 1428
    LA Financial Federal Credit Union
    Similarity Rank: 1677

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,010 $1,267,860,000 $421,216 $2,962 2.91%
    HELOC 4 $1,630,000 $407,500 n/a 3.25%

    For 2020, Victoria Financial Corp.'s most frequently originated type of loan was Conventional, with 3,010 originations. Their 2nd most popular type was HELOC, with 4 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,062 $852,190,000 $413,283 $2,860 2.88%
    Cash Out Refi 822 $353,060,000 $429,513 $2,835 2.96%
    Home Purchase 126 $62,690,000 $497,540 $5,474 3.09%
    Home Improvement 3 $1,125,000 $375,000 $2,863 3.50%
    Other 1 $425,000 $425,000 $2,762 3.00%

    For 2020, Victoria Financial Corp.'s most frequently cited loan purpose was Refi, with 2,062 originations. The 2nd most popular reason was Cash Out Refi, with 822 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,630 $1,134,060,000 $431,202 $2,975 2.96%
    15 Year 327 $113,075,000 $345,795 $2,857 2.55%
    20 Year 36 $13,120,000 $364,444 $2,826 2.83%
    Other 13 $5,975,000 $459,615 $2,813 2.91%
    10 Year 5 $1,945,000 $389,000 $4,320 2.30%
    30+ year 3 $1,315,000 $438,333 $2,941 3.75%

    For 2020, Victoria Financial Corp.'s most frequently cited loan duration was 30 Year, with 2,630 originations. The 2nd most popular length was 15 Year, with 327 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,959 $1,244,525,000 $420,590
    $2k-3k 34 $15,050,000 $442,647
    $5k+ 12 $6,740,000 $561,667
    $3k-4k 4 $930,000 $232,500
    $4k-5k 1 $615,000 $615,000

    Victoria Financial Corp.'s average total fees were $2,975, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,959 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,489 $654,035,000 $439,244
    3-4% 889 $362,175,000 $407,396
    <2.5% 582 $232,040,000 $398,694
    4-5% 54 $21,240,000 $393,333

    During 2020, Victoria Financial Corp.'s average interest rate for loans was 2.96%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,489 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,363 $429,705,000 $315,264 $2,871 2.93%
    $400k-600k 1,266 $612,480,000 $483,791 $2,965 2.87%
    $600k-1MM 309 $213,915,000 $692,282 $3,377 2.93%
    $100k-200k 76 $13,390,000 $176,184 $2,822 3.10%

    2020 saw Victoria Financial Corp. place emphasis on $200k-400k loans with 1,363 originations, totaling $429,705,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,037 $428,335,000 $413,052 $2,929 2.88%
    $150k-250k 972 $447,570,000 $460,463 $2,975 2.94%
    $75k-100k 417 $154,155,000 $369,676 $2,938 2.89%
    $250k+ 304 $150,720,000 $495,789 $3,096 2.96%
    $50k-75k 243 $78,145,000 $321,584 $2,944 2.88%
    $50k or less 40 $10,160,000 $254,000 $2,831 2.93%

    Victoria Financial Corp. lent most frequently to those with incomes in the $100k-150k range, with 1,037 originations. The second most popular income band? $150k-250k, with 972 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 750 $312,140,000 $416,187 $2,910 2.84%
    30-36% 581 $250,375,000 $430,938 $2,964 2.89%
    <20% 252 $98,390,000 $390,437 $2,876 2.89%
    37% 128 $53,630,000 $418,984 $3,025 2.90%
    40% 125 $54,265,000 $434,120 $2,967 2.93%
    42% 120 $51,130,000 $426,083 $2,961 2.92%
    39% 114 $47,350,000 $415,351 $3,086 2.91%
    43% 112 $49,400,000 $441,071 $2,958 2.95%
    41% 112 $47,280,000 $422,143 $2,944 2.95%
    49% 103 $41,905,000 $406,845 $2,995 3.03%
    36% 103 $44,285,000 $429,951 $2,904 2.97%
    46% 97 $40,535,000 $417,887 $3,069 3.02%
    44% 96 $40,310,000 $419,896 $2,957 2.92%
    38% 85 $38,375,000 $451,471 $3,055 3.06%
    48% 85 $36,485,000 $429,235 $3,111 3.10%
    45% 75 $32,055,000 $427,400 $3,038 2.92%
    47% 71 $29,425,000 $414,437 $3,037 2.91%
    50-60% 4 $1,770,000 $442,500 $2,764 3.03%
    >60% 1 $385,000 $385,000 $2,768 2.50%

    Victoria Financial Corp. lent most frequently to those with DTI ratios of 20-30%, with 750 originations. The next most common DTI ratio? 30-36%, with 581 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 2,261 $953,855,000 $421,873 $2,980 2.91%
    White 459 $193,975,000 $422,603 $2,918 2.95%
    Not provided 196 $81,020,000 $413,367 $2,859 2.86%
    Not applicable 66 $27,590,000 $418,030 $2,973 2.80%
    Black 19 $7,935,000 $417,632 $2,933 2.93%
    Other Asian 7 $2,905,000 $415,000 $2,763 3.05%
    Native Hawaiian or Islander 5 $1,735,000 $347,000 $2,808 2.85%
    Japanese 1 $475,000 $475,000 $2,740 2.63%

    Approval Rates

    Total approvals of all applications
    99.36%

    Victoria Financial Corp. 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
    97.41%

    Victoria Financial Corp. has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,014 $1,269,490,000 $421,198

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 3,014 $1,269,490,000 $421,198

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 479 $157,455,000 $328,716 $2,854 2.80%
    40-60% 1,211 $501,995,000 $414,529 $2,871 2.84%
    60-80% 1,226 $565,140,000 $460,962 $3,027 3.02%
    80-100% 76 $37,960,000 $499,474 $3,973 3.09%
    Over 100% 1 $605,000 $605,000 $2,773 3.63%
    Under 20% 21 $6,335,000 $301,667 $3,168 2.85%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    VICTORIAN FINANCE, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%