Sente Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300LP3GMTWS4OB353

Tax ID: 26-0402100

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

    Sente Mortgage is a smaller mortgage company specializing in Home Purchase and Refi 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 Little Rock among others. We have data for 51 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

    2,381

    Origination Dollar Volume (All Markets)

    $598,075,000

    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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 599 $169,175,000 $282,429 $5,882 3.24%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 453 $119,885,000 $264,647 $6,008 3.25%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 260 $84,120,000 $323,538 $6,612 3.33%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 250 $61,800,000 $247,200 $5,946 3.32%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 236 $43,150,000 $182,839 $4,853 3.18%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 126 $22,620,000 $179,524 $5,619 3.67%
    Outside of Metro Areas 72 $17,600,000 $244,444 $5,957 3.31%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 74 $16,550,000 $223,649 $3,787 3.24%
    WACO, TX (FHA|USDA|VA) 54 $11,500,000 $212,963 $7,136 3.54%
    TOPEKA, KS (FHA|USDA|VA) 73 $10,935,000 $149,795 $5,244 3.27%
    Ottawa, KS (FHA|USDA|VA) 39 $7,015,000 $179,872 $3,743 3.34%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 14 $5,570,000 $397,857 $5,942 3.30%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 9 $2,585,000 $287,222 $4,968 3.47%
    Searcy, AR (FHA|USDA|VA) 15 $2,265,000 $151,000 $4,229 3.20%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 12 $2,130,000 $177,500 $4,270 2.96%
    Fredericksburg, TX (FHA|USDA|VA) 5 $1,835,000 $367,000 $4,895 3.35%
    Granbury, TX (FHA|USDA|VA) 7 $1,825,000 $260,714 $4,513 3.44%
    Minden, LA (FHA|USDA|VA) 4 $1,140,000 $285,000 $3,908 3.06%
    Atchison, KS (FHA|USDA|VA) 6 $1,090,000 $181,667 $3,947 3.14%
    LAWRENCE, KS (FHA|USDA|VA) 6 $1,070,000 $178,333 $3,252 3.29%
    WICHITA, KS (FHA|USDA|VA) 7 $1,045,000 $149,286 $5,482 3.61%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $1,030,000 $257,500 $5,679 3.28%
    Stephenville, TX (FHA|USDA|VA) 6 $1,030,000 $171,667 $7,164 4.39%
    Rockport, TX (FHA|USDA|VA) 5 $985,000 $197,000 $4,542 3.30%
    HOT SPRINGS, AR (FHA|USDA|VA) 3 $785,000 $261,667 $4,994 2.91%
    Bay City, TX (FHA|USDA|VA) 2 $780,000 $390,000 $4,076 3.56%
    Corsicana, TX (FHA|USDA|VA) 2 $680,000 $340,000 $6,812 3.31%
    Huntsville, TX (FHA|USDA|VA) 3 $625,000 $208,333 $4,585 3.17%
    VICTORIA, TX (FHA|USDA|VA) 3 $605,000 $201,667 $3,698 3.96%
    LUBBOCK, TX (FHA|USDA|VA) 3 $595,000 $198,333 $6,228 3.79%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $565,000 $188,333 $4,833 4.67%
    JONESBORO, AR (FHA|USDA|VA) 1 $515,000 $515,000 $12,717 3.63%
    Mineral Wells, TX (FHA|USDA|VA) 2 $500,000 $250,000 $7,236 3.38%
    LAREDO, TX (FHA|USDA|VA) 1 $465,000 $465,000 $4,869 2.99%
    El Campo, TX (FHA|USDA|VA) 1 $465,000 $465,000 $5,830 2.88%
    Kerrville, TX (FHA|USDA|VA) 2 $390,000 $195,000 $4,719 3.94%
    Warrensburg, MO (FHA|USDA|VA) 2 $390,000 $195,000 $4,257 3.31%
    LONGVIEW, TX (FHA|USDA|VA) 2 $370,000 $185,000 $5,299 3.63%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $295,000 $295,000 $7,718 2.75%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $270,000 $135,000 $3,492 3.19%
    Brownwood, TX (FHA|USDA|VA) 2 $260,000 $130,000 $5,131 3.13%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $235,000 $235,000 $5,322 3.49%
    Mount Pleasant, TX (FHA|USDA|VA) 1 $225,000 $225,000 $6,676 4.00%
    Port Lavaca, TX (FHA|USDA|VA) 1 $205,000 $205,000 $7,598 3.99%
    Brenham, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,843 3.99%
    TYLER, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,735 3.38%
    Emporia, KS (FHA|USDA|VA) 1 $135,000 $135,000 $6,946 2.63%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $135,000 $135,000 $4,203 3.13%
    PINE BLUFF, AR (FHA|USDA|VA) 1 $125,000 $125,000 $6,636 2.75%
    COLUMBIA, MO (FHA|USDA|VA) 1 $105,000 $105,000 $2,989 2.75%
    Parsons, KS (FHA|USDA|VA) 1 $55,000 $55,000 $4,141 3.25%
    Sente Mortgage's top markets include Houston, San Antonio, Austin, Dallas, and Little Rock among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)

    • 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.

    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 76
    Bossier Federal Credit Union
    Similarity Rank: 78
    Bank of the Flint Hills
    Similarity Rank: 108
    HNB National Bank
    Similarity Rank: 195
    Azura Credit Union
    Similarity Rank: 450
    First Arkansas Bank and Trust
    Similarity Rank: 528
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 553
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 592
    Citizens Savings and Loan Association, FSB
    Similarity Rank: 652
    United Heritage Credit Union
    Similarity Rank: 657

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,761 $471,975,000 $268,015 $5,260 3.31%
    FHA 336 $63,740,000 $189,702 $7,821 3.31%
    VA 227 $53,545,000 $235,881 $6,339 3.18%
    USDA 57 $8,815,000 $154,649 $5,549 3.28%

    For 2020, Sente Mortgage's most frequently originated type of loan was Conventional, with 1,761 originations. Their 2nd most popular type was FHA, with 336 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,313 $310,065,000 $236,150 $6,269 3.36%
    Refi 799 $218,755,000 $273,786 $4,873 3.16%
    Cash Out Refi 269 $69,255,000 $257,454 $5,673 3.41%

    For 2020, Sente Mortgage's most frequently cited loan purpose was Home Purchase, with 1,313 originations. The 2nd most popular reason was Refi, with 799 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,039 $519,445,000 $254,755 $5,892 3.35%
    15 Year 253 $58,955,000 $233,024 $4,898 2.92%
    20 Year 63 $13,825,000 $219,444 $4,505 3.27%
    Other 17 $4,125,000 $242,647 $4,592 3.12%
    10 Year 9 $1,725,000 $191,667 $3,800 2.78%

    For 2020, Sente Mortgage's most frequently cited loan duration was 30 Year, with 2,039 originations. The 2nd most popular length was 15 Year, with 253 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,197 $282,955,000 $236,387
    $2k-3k 459 $108,515,000 $236,416
    $3k-4k 253 $69,415,000 $274,368
    $<1k 174 $35,760,000 $205,517
    $5k+ 172 $65,150,000 $378,779
    $4k-5k 117 $34,585,000 $295,598

    Sente Mortgage's average total fees were $5,892, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,197 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,228 $307,440,000 $250,358
    2.5-3% 886 $231,960,000 $261,806
    4-5% 178 $36,210,000 $203,427
    <2.5% 72 $19,830,000 $275,417
    5-6% 17 $2,635,000 $155,000

    During 2020, Sente Mortgage's average interest rate for loans was 3.35%, while their most frequently originated rate bucket for loans was 3-4%, with 1,228 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,166 $322,280,000 $276,398 $6,039 3.21%
    $100k-200k 801 $124,685,000 $155,662 $4,889 3.39%
    $400k-600k 301 $142,035,000 $471,877 $7,502 3.28%
    $100,000 or less 113 $9,075,000 $80,310 $3,799 3.56%

    2020 saw Sente Mortgage place emphasis on $200k-400k loans with 1,166 originations, totaling $322,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 585 $160,005,000 $273,513 $5,856 3.29%
    $50k-75k 489 $93,895,000 $192,014 $5,515 3.35%
    $75k-100k 444 $102,000,000 $229,730 $5,603 3.32%
    $150k-250k 394 $134,860,000 $342,284 $6,305 3.27%
    $50k or less 310 $45,600,000 $147,097 $4,917 3.24%
    $250k+ 157 $61,055,000 $388,885 $6,520 3.26%

    Sente Mortgage lent most frequently to those with incomes in the $100k-150k range, with 585 originations. The second most popular income band? $50k-75k, with 489 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 533 $138,735,000 $260,291 $5,285 3.23%
    30-36% 483 $119,735,000 $247,899 $5,569 3.27%
    <20% 208 $51,970,000 $249,856 $4,864 3.13%
    50-60% 109 $24,445,000 $224,266 $8,558 3.24%
    44% 97 $23,745,000 $244,794 $6,066 3.59%
    43% 97 $23,385,000 $241,082 $6,232 3.38%
    42% 95 $24,285,000 $255,632 $5,811 3.33%
    38% 86 $21,760,000 $253,023 $5,845 3.33%
    40% 85 $20,785,000 $244,529 $5,875 3.46%
    36% 79 $21,525,000 $272,468 $6,106 3.31%
    39% 76 $19,030,000 $250,395 $5,647 3.37%
    41% 74 $17,390,000 $235,000 $6,037 3.50%
    49% 69 $16,835,000 $243,986 $5,660 3.28%
    48% 67 $16,045,000 $239,478 $5,707 3.29%
    46% 60 $16,490,000 $274,833 $6,050 3.36%
    37% 56 $14,560,000 $260,000 $5,369 3.32%
    45% 55 $14,845,000 $269,909 $6,217 3.38%
    47% 46 $10,890,000 $236,739 $6,030 3.36%
    >60% 6 $1,620,000 $270,000 $5,411 3.14%

    Sente Mortgage lent most frequently to those with DTI ratios of 20-30%, with 533 originations. The next most common DTI ratio? 30-36%, with 483 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,938 $487,120,000 $251,352 $5,717 3.31%
    Not provided 251 $62,945,000 $250,777 $5,631 3.21%
    Asian 95 $23,515,000 $247,526 $5,884 3.29%
    Black 76 $18,840,000 $247,895 $6,394 3.29%
    American Indian 12 $3,280,000 $273,333 $4,494 3.40%
    Native Hawaiian or Islander 5 $1,175,000 $235,000 $6,796 3.23%
    Asian Indian 2 $600,000 $300,000 $5,970 3.12%
    Korean 1 $365,000 $365,000 $5,181 3.13%
    Vietnamese 1 $235,000 $235,000 $5,339 3.63%

    Approval Rates

    Total approvals of all applications
    99.35%

    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 origination
    85.34%

    Sente Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,381 $598,075,000 $251,186

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $1,390,000 $173,750
    Single Family (1-4 Units):Site-Built 2,373 $596,685,000 $251,448

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 72 $14,840,000 $206,111 $4,866 3.37%
    40-60% 246 $64,340,000 $261,545 $4,985 3.13%
    60-80% 779 $211,175,000 $271,085 $5,361 3.32%
    80-100% 1,224 $292,110,000 $238,652 $5,956 3.32%
    Over 100% 59 $15,125,000 $256,356 $10,080 3.21%
    Under 20% 1 $485,000 $485,000 $6,913 2.63%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Summit Mortgage Group, LLC Other type of mortgage Closing on a mortgage 1 100.0%