Lenox Financial Mortgage Corporation Rates, Fees & Info

SANTA ANA, CA

LEI: 549300LROQOOQU77WS20

Tax ID: 95-4762204

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

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Mortgage Data

Review & Overview

Lenox Financial Mortgage Corporation is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Lenox Financial Mortgage Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, New York, Urban Honolulu, Phoenix, and Riverside among others. We have data for 127 markets. (Some data included below & more in-depth data is available with an active subscription.)

Lenox Financial Mortgage Corporation has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Lenox Financial 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 6.77% 4/18/24
30 Year Conventional Refi 6.54% 4/18/24
30 Year Cash-out Refi 6.75% 4/18/24
30 Year FHA Purchase 7.33% 4/18/24
30 Year FHA Refi 7.13% 4/18/24
30 Year VA Purchase 6.39% 4/18/24
30 Year VA Refi 6.27% 4/18/24
15 Year Conventional Purchase 6.61% 4/18/24
15 Year Conventional Refi 6.08% 4/18/24
15 Year Cash-out Refi 6.08% 4/18/24
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.

Lenox Financial Mortgage Corporation Mortgage Calculator






Your Estimates

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

This is not an official calculator from Lenox Financial 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

811

Origination Dollar Volume (All Markets)

$219,665,000

Awards

LENOX FINANCIAL MORTGAGE CORPORATION FHA Loans silver LENOX FINANCIAL MORTGAGE CORPORATION 30 Year Conventional Loans silver LENOX FINANCIAL MORTGAGE CORPORATION 30 Year Conventional Loans silver LENOX FINANCIAL MORTGAGE CORPORATION FHA Loans bronze
Show all (4) 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) 98 $36,960,000 $377,143 $6,901 4.79%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 44 $15,540,000 $353,182 $10,014 5.24%
URBAN HONOLULU, HI (FHA|USDA|VA) 32 $15,540,000 $485,625 $13,004 4.68%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 48 $10,320,000 $215,000 $4,217 4.98%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 35 $10,295,000 $294,143 $5,215 4.87%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 38 $9,920,000 $261,053 $6,392 4.93%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 27 $6,295,000 $233,148 $5,989 5.11%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 28 $6,070,000 $216,786 $6,218 4.95%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 30 $5,850,000 $195,000 $5,939 4.95%
FRESNO, CA (FHA|USDA|VA) 24 $5,320,000 $221,667 $4,558 4.84%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 18 $5,150,000 $286,111 $8,023 5.51%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 19 $4,805,000 $252,895 $4,585 4.94%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 13 $4,495,000 $345,769 $7,241 4.70%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 13 $3,685,000 $283,462 $4,530 4.68%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 8 $3,300,000 $412,500 $10,492 4.55%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 17 $3,085,000 $181,471 $6,135 4.83%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $2,955,000 $422,143 $7,371 4.41%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 11 $2,635,000 $239,545 $6,340 5.11%
BAKERSFIELD, CA (FHA|USDA|VA) 13 $2,545,000 $195,769 $5,171 4.46%
JACKSONVILLE, FL (FHA|USDA|VA) 11 $2,385,000 $216,818 $6,429 4.77%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 8 $2,240,000 $280,000 $5,903 4.79%
Outside of Metro Areas 15 $2,235,000 $149,000 $4,557 4.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 8 $2,100,000 $262,500 $6,104 4.80%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,090,000 $261,250 $3,271 5.16%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $1,885,000 $269,286 $4,975 4.70%
BILLINGS, MT (FHA|USDA|VA) 13 $1,885,000 $145,000 $6,455 4.99%
STOCKTON, CA (FHA|USDA|VA) 7 $1,865,000 $266,429 $5,629 4.88%
SALT LAKE CITY, UT (FHA|USDA|VA) 7 $1,675,000 $239,286 $5,076 4.98%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,595,000 $531,667 $9,540 5.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,585,000 $317,000 $7,189 4.53%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $1,570,000 $261,667 $3,710 4.85%
SALEM, OR (FHA|USDA|VA) 5 $1,555,000 $311,000 $6,920 4.60%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $1,495,000 $166,111 $5,359 5.10%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,450,000 $241,667 $6,182 5.25%
VALLEJO, CA (FHA|USDA|VA) 4 $1,290,000 $322,500 $6,588 4.97%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $1,190,000 $198,333 $4,266 5.58%
RENO, NV (FHA|USDA|VA) 4 $1,160,000 $290,000 $7,172 4.81%
VISALIA, CA (FHA|USDA|VA) 6 $1,130,000 $188,333 $6,137 4.52%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $1,025,000 $341,667 $7,311 5.55%
COLUMBUS, OH (FHA|USDA|VA) 6 $1,010,000 $168,333 $4,495 4.83%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $990,000 $247,500 $3,156 4.91%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $965,000 $321,667 $3,834 4.96%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $900,000 $225,000 $5,966 5.16%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $885,000 $295,000 $7,537 5.00%
MEDFORD, OR (FHA|USDA|VA) 3 $875,000 $291,667 $7,470 4.83%
PROVO-OREM, UT (FHA|USDA|VA) 4 $860,000 $215,000 $6,212 4.78%
TUCSON, AZ (FHA|USDA|VA) 4 $800,000 $200,000 $5,995 4.63%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $750,000 $375,000 $5,081 4.81%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $690,000 $345,000 $7,038 4.56%
RICHMOND, VA (FHA|USDA|VA) 3 $645,000 $215,000 $2,674 5.58%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $635,000 $211,667 $2,237 4.79%
SALINAS, CA (FHA|USDA|VA) 2 $620,000 $310,000 $3,544 4.56%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $560,000 $280,000 $8,834 4.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $535,000 $107,000 $4,423 5.20%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $530,000 $265,000 $4,954 5.19%
MERCED, CA (FHA|USDA|VA) 2 $530,000 $265,000 $5,516 5.19%
KNOXVILLE, TN (FHA|USDA|VA) 2 $520,000 $260,000 $2,641 4.88%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $505,000 $505,000 $5,153 4.88%
YUBA CITY, CA (FHA|USDA|VA) 2 $500,000 $250,000 $3,886 5.06%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $495,000 $165,000 $7,815 7.33%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $480,000 $240,000 $6,280 4.31%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $475,000 $158,333 $6,477 4.88%
SYRACUSE, NY (FHA|USDA|VA) 2 $470,000 $235,000 $5,057 5.56%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $470,000 $235,000 $2,585 4.76%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $460,000 $230,000 $1,873 5.44%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $450,000 $225,000 $5,664 5.56%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $450,000 $225,000 $3,285 5.31%
PANAMA CITY, FL (FHA|USDA|VA) 2 $450,000 $225,000 $5,474 4.88%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $415,000 $415,000 $2,728 4.88%
GAINESVILLE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $5,493 4.50%
MODESTO, CA (FHA|USDA|VA) 2 $410,000 $205,000 $4,466 5.06%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $410,000 $205,000 $10,399 4.81%
Concord, NH (FHA|USDA|VA) 1 $375,000 $375,000 $6,950 4.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $370,000 $185,000 $6,280 4.56%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $365,000 $365,000 $1,988 4.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $365,000 $121,667 $3,882 4.59%
ST. GEORGE, UT (FHA|USDA|VA) 1 $345,000 $345,000 $1,815 5.63%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $335,000 $335,000 $18,588 4.63%
Newberry, SC (FHA|USDA|VA) 1 $325,000 $325,000 $2,477 5.38%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $320,000 $160,000 $4,178 4.94%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $310,000 $155,000 $5,907 4.88%
REDDING, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,028 5.25%
GREELEY, CO (FHA|USDA|VA) 1 $275,000 $275,000 $11,956 4.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $260,000 $130,000 $6,601 5.37%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,559 4.63%
Elko, NV (FHA|USDA|VA) 1 $255,000 $255,000 $9,918 4.63%
GETTYSBURG, PA (FHA|USDA|VA) 1 $255,000 $255,000 $7,079 5.00%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $255,000 $255,000 $7,796 4.00%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $255,000 $255,000 $1,650 5.13%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $255,000 $255,000 $6,252 5.25%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,990 5.38%
Taos, NM (FHA|USDA|VA) 1 $235,000 $235,000 $9,809 5.63%
Ukiah, CA (FHA|USDA|VA) 1 $235,000 $235,000 $4,308 5.63%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $3,649 5.25%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $225,000 $225,000 $1,767 5.75%
GLENS FALLS, NY (FHA|USDA|VA) 1 $215,000 $215,000 $6,474 4.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $210,000 $105,000 $2,579 5.38%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $8,266 4.13%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $205,000 $205,000 $2,765 4.88%
SAVANNAH, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,324 4.75%
ROCHESTER, MN (FHA|USDA|VA) 1 $195,000 $195,000 $5,238 4.63%
TOLEDO, OH (FHA|USDA|VA) 1 $185,000 $185,000 $5,308 5.75%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,516 4.63%
Show Low, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $1,954 5.88%
CORVALLIS, OR (FHA|USDA|VA) 1 $185,000 $185,000 $2,520 5.25%
Albemarle, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,678 5.00%
Seneca, SC (FHA|USDA|VA) 1 $175,000 $175,000 $6,869 4.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $175,000 $175,000 $5,497 5.25%
Sanford, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,319 5.25%
EL PASO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,561 4.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $155,000 $155,000 $5,867 4.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $135,000 $135,000 $3,771 4.63%
Klamath Falls, OR (FHA|USDA|VA) 1 $125,000 $125,000 $3,840 4.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,521 3.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,864 5.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $125,000 $125,000 $3,050 4.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $115,000 $115,000 $4,831 4.75%
APPLETON, WI (FHA|USDA|VA) 1 $115,000 $115,000 $3,279 5.75%
BATON ROUGE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $2,257 5.88%
Uvalde, TX (FHA|USDA|VA) 1 $105,000 $105,000 $4,234 5.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $105,000 $105,000 $1,608 5.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.03%
Calhoun, GA (FHA|USDA|VA) 1 $95,000 $95,000 $2,806 4.88%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $95,000 $95,000 $4,657 4.00%
Granbury, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,791 5.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $75,000 $75,000 $4,240 3.63%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $75,000 $75,000 $3,628 4.75%
Lenox Financial Mortgage Corporation's top markets include Los Angeles, New York, Urban Honolulu, Phoenix, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 508 $136,360,000 $268,425 $5,005 5.07%
    FHA 187 $48,025,000 $256,818 $8,650 4.74%
    VA 86 $30,530,000 $355,000 $8,775 4.58%
    FHA 23 $3,355,000 $145,870 $0 4.82%
    USDA 7 $1,395,000 $199,286 $5,682 4.29%

    For 2018, Lenox Financial Mortgage Corporation's most frequently originated type of loan was Conventional, with 508 originations. Their 2nd most popular type was FHA, with 187 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 398 $99,810,000 $250,779 $5,734 5.06%
    Home Purchase 313 $94,655,000 $302,412 $7,486 4.78%
    Refi 98 $24,980,000 $254,898 $4,532 4.85%
    Home Improvement 1 $125,000 $125,000 $0 5.66%
    Other 1 $95,000 $95,000 $0 4.03%

    For 2018, Lenox Financial Mortgage Corporation's most frequently cited loan purpose was Cash Out Refi, with 398 originations. The 2nd most popular reason was Home Purchase, with 313 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 717 $202,755,000 $282,782 $6,464 4.97%
    15 Year 48 $8,920,000 $185,833 $4,821 4.40%
    Other 23 $3,355,000 $145,870 $0 4.82%
    20 Year 20 $4,130,000 $206,500 $3,820 4.79%
    10 Year 3 $505,000 $168,333 $3,914 4.33%

    For 2018, Lenox Financial Mortgage Corporation's most frequently cited loan duration was 30 Year, with 717 originations. The 2nd most popular length was 15 Year, with 48 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 299 $78,355,000 $262,057
    $1k-2k 229 $58,655,000 $256,135
    $5k+ 103 $40,585,000 $394,029
    $2k-3k 94 $22,610,000 $240,532
    $3k-4k 40 $10,040,000 $251,000
    $4k-5k 23 $6,065,000 $263,696

    Lenox Financial Mortgage Corporation's average total fees were $6,464, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 299 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 465 $129,485,000 $278,462
    5-6% 280 $69,080,000 $246,714
    3-4% 46 $12,490,000 $271,522
    6-7% 12 $5,900,000 $491,667
    7-8% 6 $2,170,000 $361,667
    Over 8% 2 $540,000 $270,000

    During 2018, Lenox Financial Mortgage Corporation's average interest rate for loans was 4.97%, while their most frequently originated rate bucket for loans was 4-5%, with 465 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 392 $109,680,000 $279,796 $6,190 4.90%
    $100k-200k 239 $36,165,000 $151,318 $4,559 4.96%
    $400k-600k 116 $54,160,000 $466,897 $9,045 4.93%
    $100,000 or less 41 $3,395,000 $82,805 $3,774 4.92%
    $600k-1MM 23 $16,265,000 $707,174 $15,073 4.98%

    2018 saw Lenox Financial Mortgage Corporation place emphasis on $200k-400k loans with 392 originations, totaling $109,680,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 218 $48,320,000 $221,651 $5,681 4.85%
    $100k-150k 187 $63,325,000 $338,636 $6,788 4.87%
    $75k-100k 159 $42,345,000 $266,321 $6,310 4.90%
    $50k or less 136 $25,470,000 $187,279 $5,873 5.13%
    $150k-250k 90 $31,220,000 $346,889 $6,409 4.90%
    $250k+ 21 $8,985,000 $427,857 $9,651 5.17%

    Lenox Financial Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 218 originations. The second most popular income band? $100k-150k, with 187 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 104 $27,970,000 $268,942 $5,402 4.92%
    50-60% 95 $30,265,000 $318,579 $8,959 4.73%
    20-30% 84 $19,700,000 $234,524 $4,955 5.02%
    49% 61 $16,795,000 $275,328 $5,067 4.97%
    48% 41 $11,545,000 $281,585 $5,781 4.95%
    42% 37 $10,285,000 $277,973 $6,983 4.79%
    40% 37 $8,795,000 $237,703 $5,731 4.90%
    45% 36 $9,640,000 $267,778 $5,529 4.90%
    44% 34 $9,680,000 $284,706 $5,810 4.93%
    47% 32 $8,160,000 $255,000 $5,195 4.91%
    46% 29 $7,035,000 $242,586 $6,463 4.81%
    38% 28 $7,590,000 $271,071 $5,419 4.90%
    36% 25 $6,245,000 $249,800 $5,847 4.81%
    <20% 24 $5,100,000 $212,500 $5,316 4.74%
    39% 24 $6,180,000 $257,500 $5,899 4.96%
    43% 24 $8,090,000 $337,083 $7,492 4.87%
    41% 23 $6,865,000 $298,478 $7,029 4.76%
    37% 22 $5,120,000 $232,727 $5,120 5.02%
    >60% 4 $2,200,000 $550,000 $16,381 4.63%

    Lenox Financial Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 104 originations. The next most common DTI ratio? 50-60%, with 95 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 571 $149,925,000 $262,566 $6,063 4.92%
    Not provided 121 $32,895,000 $271,860 $5,670 5.02%
    Black 62 $17,620,000 $284,194 $8,302 4.88%
    Asian 50 $16,870,000 $337,400 $7,725 4.88%
    American Indian 5 $1,895,000 $379,000 $8,272 4.73%
    Native Hawaiian or Islander 2 $460,000 $230,000 $3,106 5.13%

    Approval Rates

    Total approvals of all applications
    86.82%

    Lenox Financial Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    26.26%

    Lenox Financial 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 811 $219,665,000 $270,857

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 9 $1,385,000 $153,889
    Single Family (1-4 Units):Site-Built 802 $218,280,000 $272,170

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 37 $8,475,000 $229,054 $4,926 4.92%
    40-60% 120 $25,610,000 $213,417 $4,614 4.86%
    60-80% 286 $79,600,000 $278,322 $5,663 5.14%
    80-100% 326 $92,210,000 $282,853 $6,966 4.80%
    Over 100% 28 $10,810,000 $386,071 $13,401 4.55%
    Under 20% 7 $1,025,000 $146,429 $4,532 4.63%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Lenox Financial Mortgage Corporation Conventional home mortgage Closing on a mortgage 1 100.0%