Western Express Lending Mortgage Rates, Fees & Info
LAKE FOREST, CALEI: 549300LTT1PNSPD2JT50
Tax ID: 47-5403472
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Mortgage Data
Review & Overview
Western Express Lending is a smaller mortgage company specializing in Refi, Cash Out Refi, and Home Purchase loans. Western Express Lending 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: Los Angeles, Riverside, Las Vegas, San Diego, and Seattle among others. We have data for 170 markets. (Some data included below & more in-depth data is available with an active subscription.)Western Express Lending 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. Western Express Lending 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.
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Originations
2,135Origination Dollar Volume (All Markets)
$770,505,000Awards
WESTERN EXPRESS LENDING - 2021
WESTERN EXPRESS LENDING is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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) | 543 | $254,135,000 | $468,020 | $5,540 | 2.91% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 370 | $133,960,000 | $362,054 | $5,211 | 2.91% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 231 | $60,355,000 | $261,277 | $5,772 | 3.30% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 99 | $41,145,000 | $415,606 | $7,155 | 3.01% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 64 | $23,420,000 | $365,938 | $5,104 | 2.87% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 41 | $20,655,000 | $503,780 | $5,464 | 2.78% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 50 | $18,080,000 | $361,600 | $5,522 | 2.83% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 40 | $10,730,000 | $268,250 | $5,214 | 2.87% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 29 | $9,145,000 | $315,345 | $4,301 | 2.89% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 24 | $9,000,000 | $375,000 | $4,934 | 3.10% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 35 | $8,555,000 | $244,429 | $4,891 | 2.82% |
| FRESNO, CA (FHA|USDA|VA) | 29 | $8,315,000 | $286,724 | $5,266 | 2.96% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 17 | $7,855,000 | $462,059 | $9,435 | 2.94% |
| Outside of Metro Areas | 32 | $7,830,000 | $244,688 | $4,718 | 2.83% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 15 | $6,715,000 | $447,667 | $5,210 | 2.99% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 29 | $6,615,000 | $228,103 | $5,502 | 2.92% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 14 | $5,760,000 | $411,429 | $3,418 | 2.92% |
| RENO, NV (FHA|USDA|VA) | 14 | $5,170,000 | $369,286 | $3,954 | 3.05% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $5,140,000 | $285,556 | $6,012 | 2.93% |
| VALLEJO, CA (FHA|USDA|VA) | 13 | $4,805,000 | $369,615 | $3,090 | 2.84% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 9 | $4,455,000 | $495,000 | $4,819 | 2.69% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 13 | $4,425,000 | $340,385 | $5,221 | 2.91% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 14 | $4,280,000 | $305,714 | $5,314 | 2.78% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 12 | $3,880,000 | $323,333 | $4,667 | 3.02% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 11 | $3,165,000 | $287,727 | $5,672 | 3.01% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 14 | $3,160,000 | $225,714 | $4,191 | 3.09% |
| STOCKTON, CA (FHA|USDA|VA) | 12 | $3,120,000 | $260,000 | $4,266 | 2.67% |
| VISALIA, CA (FHA|USDA|VA) | 15 | $3,045,000 | $203,000 | $4,966 | 2.82% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 9 | $2,975,000 | $330,556 | $4,773 | 3.03% |
| BOISE CITY, ID (FHA|USDA|VA) | 9 | $2,575,000 | $286,111 | $4,476 | 2.94% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $2,525,000 | $360,714 | $6,218 | 3.12% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $2,520,000 | $420,000 | $3,609 | 2.96% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $2,435,000 | $347,857 | $5,494 | 3.11% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 5 | $2,045,000 | $409,000 | $5,113 | 2.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 7 | $2,035,000 | $290,714 | $6,448 | 2.94% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $2,005,000 | $401,000 | $2,720 | 2.67% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 5 | $1,975,000 | $395,000 | $3,162 | 2.67% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $1,940,000 | $323,333 | $6,430 | 2.79% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,925,000 | $385,000 | $3,694 | 3.32% |
| PITTSBURGH, PA (FHA|USDA|VA) | 6 | $1,850,000 | $308,333 | $4,100 | 2.31% |
| PROVO-OREM, UT (FHA|USDA|VA) | 7 | $1,795,000 | $256,429 | $2,468 | 2.79% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $1,760,000 | $440,000 | $3,492 | 2.68% |
| MODESTO, CA (FHA|USDA|VA) | 6 | $1,690,000 | $281,667 | $5,880 | 2.63% |
| CHICO, CA (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $3,879 | 3.23% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 4 | $1,640,000 | $410,000 | $3,009 | 2.58% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 4 | $1,500,000 | $375,000 | $5,015 | 3.91% |
| Outside of Metro Areas | 3 | $1,465,000 | $488,333 | $4,257 | 3.29% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $1,435,000 | $287,000 | $3,518 | 2.97% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $2,405 | 2.62% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 5 | $1,415,000 | $283,000 | $5,547 | 3.37% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,220,000 | $305,000 | $3,705 | 2.84% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $8,850 | 2.75% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $4,381 | 3.12% |
| Pahrump, NV (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $4,793 | 3.20% |
| Elko, NV (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $5,182 | 2.69% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $5,098 | 3.44% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $3,680 | 3.16% |
| REDDING, CA (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $4,268 | 2.50% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $3,396 | 2.97% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $4,991 | 3.08% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 4 | $890,000 | $222,500 | $4,610 | 2.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $3,361 | 2.66% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $3,635 | 3.42% |
| MADERA, CA (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $8,886 | 2.79% |
| LANCASTER, PA (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $4,006 | 2.81% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $4,804 | 2.97% |
| READING, PA (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $5,104 | 3.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $3,178 | 3.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $4,317 | 2.84% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $3,762 | 2.59% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $4,692 | 2.63% |
| NAPA, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $3,784 | 2.75% |
| MEDFORD, OR (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $5,990 | 2.83% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $4,207 | 3.25% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $4,871 | 2.93% |
| MERCED, CA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $9,587 | 2.63% |
| SALEM, OR (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $6,371 | 3.43% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,086 | 3.19% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $6,660 | 2.99% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $3,390 | 2.88% |
| Clearlake, CA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $5,551 | 2.94% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,117 | 2.99% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,001 | 3.19% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,328 | 2.94% |
| BEND, OR (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,730 | 3.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,525 | 3.06% |
| BAY CITY, MI (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,728 | 2.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,511 | 3.67% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $5,370 | 2.49% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,890 | 3.06% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,553 | 2.56% |
| Nacogdoches, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $9,363 | 3.63% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $11,288 | 2.38% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,751 | 2.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $4,112 | 3.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $6,278 | 2.81% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $6,395 | 3.38% |
| WACO, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,701 | 3.63% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,576 | 3.00% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,680 | 3.69% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $6,212 | 2.81% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,679 | 3.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,099 | 2.93% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,511 | 2.99% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,206 | 3.13% |
| Newport, OR (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,622 | 2.38% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,082 | 3.06% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,258 | 2.75% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,004 | 2.88% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,078 | 3.38% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,200 | 3.06% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $6,571 | 2.88% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,580 | 2.38% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,872 | 2.75% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,940 | 3.25% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,166 | 2.99% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,759 | 2.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,428 | 2.99% |
| Granbury, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,883 | 3.25% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,062 | 3.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,188 | 2.38% |
| Centralia, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,132 | 2.75% |
| TYLER, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,943 | 2.75% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,554 | 3.25% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,255 | 3.25% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,472 | 2.99% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,780 | 3.13% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,315 | 2.99% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,623 | 2.50% |
| Brookings, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,595 | 2.63% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,165 | 2.87% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,120 | 2.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,804 | 2.88% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,013 | 3.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,128 | 2.99% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,905 | 3.38% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,051 | 2.50% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,523 | 2.99% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $6,771 | 3.63% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,128 | 3.38% |
| Fernley, NV (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,580 | 2.88% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,880 | 2.75% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,297 | 2.88% |
| Price, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,229 | 2.75% |
| Elk City, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,814 | 2.88% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,494 | 2.88% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,084 | 3.75% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,113 | 3.38% |
| Prineville, OR (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,858 | 2.99% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,474 | 3.63% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,740 | 3.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,588 | 2.88% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,166 | 4.13% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,285 | 2.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,609 | 2.99% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,490 | 2.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,597 | 3.12% |
| Winnemucca, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,062 | 3.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,178 | 3.75% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,492 | 2.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,842 | 2.75% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,381 | 2.38% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,599 | 3.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,017 | 3.13% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,257 | 2.99% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,046 | 2.25% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,860 | 2.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,708 | 2.99% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,593 | 2.75% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,568 | 2.75% |
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We use machine learning to identify the top lenders compared against WESTERN EXPRESS LENDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, Western Express Lending's most frequently originated type of loan was Conventional, with 1,765 originations. Their 2nd most popular type was FHA, with 288 originations.
Loan Reason
For 2021, Western Express Lending's most frequently cited loan purpose was Refi, with 1,049 originations. The 2nd most popular reason was Cash Out Refi, with 638 originations.
Loan Duration/Length
For 2021, Western Express Lending's most frequently cited loan duration was 30 Year, with 1,798 originations. The 2nd most popular length was 15 Year, with 179 originations.
Origination Fees/Closing Costs
Western Express Lending's average total fees were $5,635, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,319 originations.
Interest Rates
During 2021, Western Express Lending's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 987 originations.
Loan Sizing
2021 saw Western Express Lending place emphasis on $200k-400k loans with 1,059 originations, totaling $314,945,000 in origination value.
Applicant Income
Western Express Lending lent most frequently to those with incomes in the $100k-150k range, with 552 originations. The second most popular income band? $150k-250k, with 379 originations.
Applicant Debt to Income Ratio
Western Express Lending lent most frequently to those with DTI ratios of 30-36%, with 344 originations. The next most common DTI ratio? 20-30%, with 308 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.49%
Western Express Lending has an average approval rate.
Pick Rate
Approvals leading to origination55.18%
Western Express Lending 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 | 2,135 | $770,505,000 | $360,892 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| WESTERN EXPRESS LENDING | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| WESTERN EXPRESS LENDING | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |