Wall Financial Mortgage Rates, Fees & InfoLOS ANGELES, CA
Tax ID: 27-0429529
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewWall Financial is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Wall Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Riverside, Las Vegas, Oxnard, and San Francisco among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)
Wall Financial has an above average approval rate when compared to the average across all lenders. Wall Financial is typically a high 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.
|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.65%||3/31/23|
|30 Year Conventional Refi||6.19%||3/31/23|
|30 Year Cash-out Refi||6.52%||3/31/23|
|30 Year FHA Purchase||6.89%||3/31/23|
|15 Year Conventional Purchase||6.32%||3/31/23|
|15 Year Conventional Refi||6.19%||3/31/23|
|15 Year Cash-out Refi||6.19%||3/31/23|
|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.|
Origination Dollar Volume (All Markets)$121,385,000
Wall Financial's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.02%.
Relative Fees (Closing Costs)
Wall Financial's average total fees/closing costs for a 30 year fixed rate
mortgage were $12,900.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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)||178||$83,720,000||$470,337||$12,811||4.57%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||45||$19,445,000||$432,111||$13,502||4.77%|
|LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA)||15||$5,845,000||$389,667||$11,583||5.69%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||6||$3,960,000||$660,000||$15,288||4.54%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||5||$2,465,000||$493,000||$16,692||4.90%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||3||$1,705,000||$568,333||$14,533||5.25%|
|BAKERSFIELD, CA (FHA|USDA|VA)||6||$1,600,000||$266,667||$10,979||4.81%|
|MERCED, CA (FHA|USDA|VA)||2||$780,000||$390,000||$10,808||3.88%|
|STOCKTON, CA (FHA|USDA|VA)||1||$645,000||$645,000||$18,515||3.88%|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||2||$570,000||$285,000||$7,331||4.44%|
|FRESNO, CA (FHA|USDA|VA)||1||$375,000||$375,000||$7,833||3.88%|
|VALLEJO, CA (FHA|USDA|VA)||1||$275,000||$275,000||$6,904||4.00%|
We use machine learning to identify the top lenders compared against WALL FINANCIAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 316
Similarity Rank: 390
Similarity Rank: 393
Similarity Rank: 518
Similarity Rank: 536
Similarity Rank: 546
Similarity Rank: 567
Similarity Rank: 644
Similarity Rank: 660
Similarity Rank: 770
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Wall Financial's most frequently originated type of loan was Conventional, with 230 originations. Their 2nd most popular type was FHA, with 35 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||81||$32,475,000||$400,926||$10,337||4.55%|
For 2022, Wall Financial's most frequently cited loan purpose was Home Purchase, with 155 originations. The 2nd most popular reason was Cash Out Refi, with 81 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Wall Financial's most frequently cited loan duration was 30 Year, with 250 originations. The 2nd most popular length was 15 Year, with 9 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Wall Financial's average total fees were $12,900, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 180 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Wall Financial's average interest rate for loans was 4.74%, while their most frequently originated rate bucket for loans was 4-5%, with 81 originations.
2022 saw Wall Financial place emphasis on $400k-600k loans with 105 originations, totaling $51,835,000 in origination value.
Wall Financial lent most frequently to those with incomes in the $100k-150k range, with 85 originations. The second most popular income band? $150k-250k, with 54 originations.
Applicant Debt to Income Ratio
Wall Financial lent most frequently to those with DTI ratios of 30-36%, with 40 originations. The next most common DTI ratio? 49%, with 25 originations.
Approval RatesTotal approvals of all applications
Wall Financial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Points and Fees
|Points||Originations||Total Value||Average Loan|