Sente Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300LP3GMTWS4OB353
Tax ID: 26-0402100
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Sente Mortgage is a smaller mortgage company specializing in Home Purchase loans. Sente Mortgage 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: Houston, San Antonio, Austin, Dallas, and Killeen among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)Sente Mortgage 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. Sente Mortgage 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 | 6.98% | 12/16/24 |
| 30 Year Conventional Refi | 6.67% | 12/16/24 |
| 30 Year Cash-out Refi | 7.00% | 12/16/24 |
| 30 Year FHA Purchase | 7.79% | 12/16/24 |
| 30 Year FHA Refi | 7.38% | 12/16/24 |
| 30 Year VA Purchase | 6.60% | 12/16/24 |
| 30 Year VA Refi | 6.40% | 12/16/24 |
| 30 Year USDA Purchase | 7.14% | 12/16/24 |
| 15 Year Conventional Purchase | 6.36% | 12/16/24 |
| 15 Year Conventional Refi | 6.39% | 12/16/24 |
| 15 Year Cash-out Refi | 6.39% | 12/16/24 |
| 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. | ||
Sente Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Sente Mortgage. 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
474Origination Dollar Volume (All Markets)
$109,480,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 117 | $28,635,000 | $244,744 | $6,449 | 4.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 104 | $23,620,000 | $227,115 | $6,821 | 4.88% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 83 | $22,435,000 | $270,301 | $6,075 | 4.80% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 80 | $16,410,000 | $205,125 | $6,140 | 5.07% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 28 | $4,190,000 | $149,643 | $4,893 | 5.13% |
| Outside of Metro Areas | 13 | $3,115,000 | $239,615 | $6,027 | 4.95% |
| WACO, TX (FHA|USDA|VA) | 16 | $2,730,000 | $170,625 | $6,402 | 5.14% |
| Fredericksburg, TX (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $4,914 | 4.81% |
| Stephenville, TX (FHA|USDA|VA) | 8 | $1,700,000 | $212,500 | $6,684 | 4.81% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 4 | $1,380,000 | $345,000 | $4,978 | 4.84% |
| Granbury, TX (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $5,433 | 5.38% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $4,548 | 5.13% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $6,217 | 4.81% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $9,133 | 4.38% |
| Bay City, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,345 | 3.75% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,858 | 5.38% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $145 | 5.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,224 | 4.88% |
| Athens, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,226 | 5.99% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $4,269 | 5.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against SENTE MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 64
Similarity Rank: 68
Similarity Rank: 88
Similarity Rank: 93
Similarity Rank: 108
Similarity Rank: 120
Similarity Rank: 132
Similarity Rank: 146
Similarity Rank: 148
Similarity Rank: 189
Product Mix
For 2018, Sente Mortgage's most frequently originated type of loan was Conventional, with 333 originations. Their 2nd most popular type was FHA, with 96 originations.
Loan Reason
For 2018, Sente Mortgage's most frequently cited loan purpose was Home Purchase, with 384 originations. The 2nd most popular reason was Refi, with 54 originations.
Loan Duration/Length
For 2018, Sente Mortgage's most frequently cited loan duration was 30 Year, with 449 originations. The 2nd most popular length was 15 Year, with 13 originations.
Origination Fees/Closing Costs
Sente Mortgage's average total fees were $6,302, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 240 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 292 | $72,010,000 | $246,610 |
| 5-6% | 147 | $29,375,000 | $199,830 |
| 3-4% | 23 | $6,265,000 | $272,391 |
| 6-7% | 12 | $1,830,000 | $152,500 |
During 2018, Sente Mortgage's average interest rate for loans was 4.95%, while their most frequently originated rate bucket for loans was 4-5%, with 292 originations.
Loan Sizing
2018 saw Sente Mortgage place emphasis on $200k-400k loans with 210 originations, totaling $57,430,000 in origination value.
Applicant Income
Sente Mortgage lent most frequently to those with incomes in the $50k-75k range, with 117 originations. The second most popular income band? $100k-150k, with 109 originations.
Applicant Debt to Income Ratio
Sente Mortgage lent most frequently to those with DTI ratios of 30-36%, with 85 originations. The next most common DTI ratio? 20-30%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.15%
Sente Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination71.94%
Sente Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 474 | $109,480,000 | $230,970 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 3 | $485,000 | $161,667 |
| Single Family (1-4 Units):Site-Built | 471 | $108,995,000 | $231,412 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Sindeo, Inc. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |