Randolph-brooks Mortgage Rates, Fees & Info

Live Oak, TX

LEI: 549300LU6Y2TXG48QY48

Tax ID: 74-1185010

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
  • 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

    Randolph-brooks is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Randolph-brooks has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Austin, Dallas, Houston, and Corpus Christi among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Randolph-brooks 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. Randolph-brooks is typically a low 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
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.58% 12/16/24
    30 Year Conventional Refi 6.28% 12/16/24
    30 Year Cash-out Refi 6.62% 12/16/24
    15 Year Conventional Purchase 5.62% 12/16/24
    15 Year Conventional Refi 5.45% 12/16/24
    15 Year Cash-out Refi 5.45% 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.

    Randolph-brooks Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Randolph-brooks. 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

    5,474

    Origination Dollar Volume (All Markets)

    $639,200,000
    Show all (5) 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
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3,254 $356,980,000 $109,705 $1,559 4.28%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1,282 $148,530,000 $115,858 $1,463 4.28%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 492 $67,600,000 $137,398 $1,833 4.30%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 96 $15,180,000 $158,125 $2,501 4.19%
    Outside of Metro Areas 91 $14,765,000 $162,253 $3,172 4.22%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 34 $4,580,000 $134,706 $2,630 4.05%
    Kerrville, TX (FHA|USDA|VA) 35 $4,475,000 $127,857 $2,193 4.34%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 13 $2,805,000 $215,769 $2,790 4.30%
    Rockport, TX (FHA|USDA|VA) 11 $2,495,000 $226,818 $5,261 4.21%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 10 $2,160,000 $216,000 $2,438 4.18%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 22 $2,100,000 $95,455 $1,986 4.27%
    MIDLAND, TX (FHA|USDA|VA) 7 $1,625,000 $232,143 $4,063 4.23%
    Fredericksburg, TX (FHA|USDA|VA) 9 $1,555,000 $172,778 $3,024 4.03%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 10 $1,430,000 $143,000 $2,590 5.27%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 15 $1,055,000 $70,333 $2,017 4.08%
    WACO, TX (FHA|USDA|VA) 7 $975,000 $139,286 $2,868 4.74%
    VICTORIA, TX (FHA|USDA|VA) 7 $935,000 $133,571 $3,003 4.01%
    Huntsville, TX (FHA|USDA|VA) 3 $815,000 $271,667 $3,871 4.05%
    LUBBOCK, TX (FHA|USDA|VA) 7 $805,000 $115,000 $2,348 4.32%
    TYLER, TX (FHA|USDA|VA) 3 $745,000 $248,333 $5,232 4.11%
    LAREDO, TX (FHA|USDA|VA) 11 $705,000 $64,091 $788 4.40%
    Brenham, TX (FHA|USDA|VA) 2 $700,000 $350,000 $8,068 4.56%
    Uvalde, TX (FHA|USDA|VA) 3 $685,000 $228,333 $5,751 4.25%
    Port Lavaca, TX (FHA|USDA|VA) 6 $550,000 $91,667 $2,399 4.07%
    SAN ANGELO, TX (FHA|USDA|VA) 5 $435,000 $87,000 $1,349 4.54%
    ABILENE, TX (FHA|USDA|VA) 3 $415,000 $138,333 $4,897 4.13%
    Granbury, TX (FHA|USDA|VA) 2 $410,000 $205,000 $4,140 4.25%
    Pearsall, TX (FHA|USDA|VA) 2 $380,000 $190,000 $5,082 4.09%
    EL PASO, TX (FHA|USDA|VA) 3 $365,000 $121,667 $2,706 4.71%
    Stephenville, TX (FHA|USDA|VA) 3 $365,000 $121,667 $2,989 4.40%
    Paris, TX (FHA|USDA|VA) 1 $345,000 $345,000 $5,738 3.63%
    Del Rio, TX (FHA|USDA|VA) 2 $300,000 $150,000 $4,364 3.94%
    Athens, TX (FHA|USDA|VA) 3 $255,000 $85,000 $1,996 3.98%
    ODESSA, TX (FHA|USDA|VA) 2 $240,000 $120,000 $2,906 3.50%
    Eagle Pass, TX (FHA|USDA|VA) 2 $230,000 $115,000 $3,747 4.31%
    Sulphur Springs, TX (FHA|USDA|VA) 1 $225,000 $225,000 $5,219 3.50%
    Bay City, TX (FHA|USDA|VA) 2 $170,000 $85,000 $2,418 3.88%
    LONGVIEW, TX (FHA|USDA|VA) 2 $130,000 $65,000 $1,439 4.21%
    Bonham, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,707 3.63%
    Rio Grande City-Roma, TX (FHA|USDA|VA) 1 $105,000 $105,000 $5,425 3.25%
    WICHITA FALLS, TX (FHA|USDA|VA) 2 $100,000 $50,000 $1,747 3.41%
    Corsicana, TX (FHA|USDA|VA) 2 $90,000 $45,000 $0 4.25%
    Alice, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.50%
    Brownwood, TX (FHA|USDA|VA) 1 $75,000 $75,000 $32 4.45%
    Raymondville, TX (FHA|USDA|VA) 1 $55,000 $55,000 $2,722 3.63%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.25%
    El Campo, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.00%
    Randolph-brooks's top markets include San Antonio, Austin, Dallas, Houston, and Corpus Christi among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against RANDOLPH-BROOKS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    NEIGHBORHOOD
    Similarity Rank: 200
    CORNERSTONE MORTGAGE PROVIDERS
    Similarity Rank: 291
    American Bank
    Similarity Rank: 350
    TEXANS
    Similarity Rank: 416
    Priority Bank
    Similarity Rank: 456
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 472
    AUSTIN TELCO Federal Credit Union
    Similarity Rank: 481
    JSC
    Similarity Rank: 900
    A+ Federal Credit Union
    Similarity Rank: 975
    TEXAS BAY
    Similarity Rank: 980

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,142 $611,490,000 $118,921 $1,660 4.27%
    HELOC 332 $27,710,000 $83,464 n/a 4.46%

    For 2018, Randolph-brooks's most frequently originated type of loan was Conventional, with 5,142 originations. Their 2nd most popular type was HELOC, with 332 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 2,658 $219,060,000 $82,415 $544 4.31%
    Home Purchase 1,179 $277,515,000 $235,382 $4,807 4.28%
    Home Improvement 1,127 $66,365,000 $58,886 $391 4.44%
    Refi 510 $76,260,000 $149,529 $2,762 3.78%

    For 2018, Randolph-brooks's most frequently cited loan purpose was Cash Out Refi, with 2,658 originations. The 2nd most popular reason was Home Purchase, with 1,179 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 1,843 $222,545,000 $120,751 $2,067 4.23%
    Other 1,088 $62,920,000 $57,831 $400 3.64%
    10 Year 1,061 $80,795,000 $76,150 $454 4.35%
    30 Year 863 $210,225,000 $243,598 $3,901 4.70%
    20 Year 595 $60,925,000 $102,395 $904 4.91%
    5 Year 24 $1,790,000 $74,583 $980 3.26%

    For 2018, Randolph-brooks's most frequently cited loan duration was 15 Year, with 1,843 originations. The 2nd most popular length was Other, with 1,088 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 4,162 $380,670,000 $91,463
    $1k-2k 588 $128,730,000 $218,929
    $2k-3k 169 $36,375,000 $215,237
    $3k-4k 71 $21,565,000 $303,732
    $5k+ 27 $15,895,000 $588,704
    $4k-5k 24 $9,110,000 $379,583

    Randolph-brooks's average total fees were $3,901, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,162 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 3,036 $357,510,000 $117,757
    3-4% 1,674 $211,520,000 $126,356
    5-6% 448 $51,390,000 $114,710
    2.5-3% 251 $13,855,000 $55,199
    6-7% 59 $4,325,000 $73,305
    7-8% 5 $445,000 $89,000
    <2.5% 1 $155,000 $155,000

    During 2018, Randolph-brooks's average interest rate for loans was 4.70%, while their most frequently originated rate bucket for loans was 4-5%, with 3,036 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 3,354 $171,430,000 $51,112 $375 4.26%
    $100k-200k 1,268 $177,480,000 $139,968 $2,293 4.33%
    $200k-400k 666 $182,470,000 $273,979 $4,872 4.29%
    $400k-600k 126 $60,040,000 $476,508 $7,343 4.30%
    $600k-1MM 54 $38,850,000 $719,444 $10,303 4.26%
    $1MM+ 6 $8,930,000 $1,488,333 $16,364 4.45%

    2018 saw Randolph-brooks place emphasis on $100,000 or less loans with 3,354 originations, totaling $171,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,479 $170,265,000 $115,122 $1,708 4.25%
    $50k-75k 1,078 $87,990,000 $81,623 $1,097 4.30%
    $150k-250k 976 $154,150,000 $157,941 $2,329 4.23%
    $75k-100k 952 $90,250,000 $94,800 $1,352 4.30%
    $50k or less 584 $36,170,000 $61,935 $803 4.34%
    $250k+ 277 $78,315,000 $282,726 $4,405 4.19%

    Randolph-brooks lent most frequently to those with incomes in the $100k-150k range, with 1,479 originations. The second most popular income band? $50k-75k, with 1,078 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,058 $112,760,000 $106,578 $1,597 4.11%
    30-36% 1,023 $121,465,000 $118,734 $1,731 4.23%
    50-60% 513 $57,625,000 $112,329 $1,445 4.48%
    <20% 341 $36,235,000 $106,261 $1,422 4.06%
    >60% 223 $17,145,000 $76,883 $1,976 4.45%
    41% 199 $22,295,000 $112,035 $1,565 4.31%
    40% 196 $26,480,000 $135,102 $2,002 4.27%
    38% 194 $26,350,000 $135,825 $1,869 4.26%
    42% 188 $22,530,000 $119,840 $1,667 4.36%
    39% 186 $21,070,000 $113,280 $1,308 4.39%
    37% 178 $22,080,000 $124,045 $1,893 4.28%
    36% 166 $23,030,000 $138,735 $1,983 4.20%
    44% 142 $18,230,000 $128,380 $1,810 4.36%
    43% 141 $14,905,000 $105,709 $1,286 4.45%
    47% 138 $17,710,000 $128,333 $2,105 4.37%
    46% 135 $17,325,000 $128,333 $1,938 4.32%
    48% 123 $17,395,000 $141,423 $1,848 4.40%
    45% 115 $12,975,000 $112,826 $1,603 4.29%
    49% 110 $11,250,000 $102,273 $1,303 4.35%

    Randolph-brooks lent most frequently to those with DTI ratios of 20-30%, with 1,058 originations. The next most common DTI ratio? 30-36%, with 1,023 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,847 $442,995,000 $115,153 $1,648 4.28%
    Not provided 1,046 $118,660,000 $113,442 $1,634 4.25%
    Asian 172 $26,290,000 $152,849 $2,495 4.08%
    Black 196 $19,890,000 $101,480 $1,566 4.28%
    Not applicable 69 $15,895,000 $230,362 $0 4.98%
    American Indian 70 $5,740,000 $82,000 $1,065 4.33%
    Asian Indian 42 $5,720,000 $136,190 $1,745 4.11%
    Other Asian 4 $1,670,000 $417,500 $6,015 4.04%
    Native Hawaiian or Islander 9 $805,000 $89,444 $1,389 4.38%
    Korean 4 $450,000 $112,500 $603 4.66%
    Japanese 3 $415,000 $138,333 $1,499 4.07%
    Filipino 5 $295,000 $59,000 $635 4.31%
    Chinese 3 $185,000 $61,667 $22 4.20%
    Vietnamese 2 $130,000 $65,000 $1,863 3.76%
    Guamanian 2 $60,000 $30,000 $0 5.18%

    Approval Rates

    Total approvals of all applications
    80.57%

    Randolph-brooks has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    61.91%

    Randolph-brooks 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 5,474 $639,200,000 $116,770

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $135,000 $135,000
    Multifamily:Site-Built 9 $6,185,000 $687,222
    Single Family (1-4 Units):Manufactured 26 $1,540,000 $59,231
    Single Family (1-4 Units):Site-Built 5,438 $631,340,000 $116,098

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,245 $97,185,000 $78,060 $518 4.33%
    40-60% 791 $101,005,000 $127,693 $1,729 4.23%
    60-80% 1,167 $224,315,000 $192,215 $3,292 4.35%
    80-100% 595 $145,445,000 $244,445 $4,536 4.33%
    Over 100% 3 $355,000 $118,333 $0 5.08%
    Under 20% 1,668 $70,260,000 $42,122 $158 4.20%