Randolph-brooks Mortgage Rates, Fees & Info
Live Oak, TXLEI: 549300LU6Y2TXG48QY48
Tax ID: 74-1185010
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Mortgage Data
Review & Overview
Randolph-brooks is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi 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.
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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
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This is not an official calculator from Randolph-brooks. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
6,509Origination Dollar Volume (All Markets)
$949,565,000Awards
RANDOLPH-BROOKS - 2019
RANDOLPH-BROOKS is a 2019 , due to their low .
For 2019, 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 |
|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3,638 | $474,560,000 | $130,445 | $1,831 | 4.08% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1,660 | $264,830,000 | $159,536 | $2,043 | 4.09% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 582 | $99,490,000 | $170,945 | $2,281 | 3.99% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 141 | $31,895,000 | $226,206 | $3,475 | 3.75% |
| Outside of Metro Areas | 113 | $18,635,000 | $164,912 | $3,518 | 3.90% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 104 | $16,910,000 | $162,596 | $3,013 | 3.85% |
| Kerrville, TX (FHA|USDA|VA) | 50 | $8,130,000 | $162,600 | $1,895 | 4.03% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 37 | $5,585,000 | $150,946 | $2,422 | 4.14% |
| Athens, TX (FHA|USDA|VA) | 7 | $2,945,000 | $420,714 | $4,351 | 3.64% |
| Rockport, TX (FHA|USDA|VA) | 13 | $2,585,000 | $198,846 | $3,884 | 3.54% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 17 | $2,385,000 | $140,294 | $2,117 | 4.07% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 13 | $2,345,000 | $180,385 | $3,393 | 4.30% |
| Fredericksburg, TX (FHA|USDA|VA) | 12 | $2,030,000 | $169,167 | $3,015 | 4.27% |
| LAREDO, TX (FHA|USDA|VA) | 9 | $1,755,000 | $195,000 | $4,049 | 3.71% |
| VICTORIA, TX (FHA|USDA|VA) | 12 | $1,370,000 | $114,167 | $2,322 | 4.18% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 9 | $1,315,000 | $146,111 | $3,711 | 3.63% |
| WACO, TX (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $2,491 | 3.41% |
| LUBBOCK, TX (FHA|USDA|VA) | 9 | $1,185,000 | $131,667 | $2,895 | 3.52% |
| EL PASO, TX (FHA|USDA|VA) | 9 | $1,105,000 | $122,778 | $1,962 | 3.64% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 9 | $1,035,000 | $115,000 | $2,799 | 3.65% |
| Bonham, TX (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $3,971 | 3.30% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $8,097 | 3.19% |
| Brenham, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $7,240 | 3.38% |
| Port Lavaca, TX (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $5,886 | 3.63% |
| SAN ANGELO, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,970 | 3.69% |
| Alice, TX (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,370 | 3.67% |
| ABILENE, TX (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $1,786 | 3.83% |
| Kingsville, TX (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $4,664 | 3.38% |
| TYLER, TX (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $1,770 | 3.22% |
| Paris, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,953 | 3.88% |
| Uvalde, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,673 | 4.38% |
| Beeville, TX (FHA|USDA|VA) | 4 | $320,000 | $80,000 | $2,372 | 4.49% |
| Del Rio, TX (FHA|USDA|VA) | 5 | $255,000 | $51,000 | $236 | 4.19% |
| Eagle Pass, TX (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $2,468 | 4.54% |
| Bay City, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,788 | 3.85% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 5.60% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $769 | 3.86% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,779 | 3.88% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,985 | 4.25% |
| Pearsall, TX (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $341 | 4.63% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,698 | 2.55% |
| Granbury, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.25% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,458 | 3.25% |
| Zapata, TX (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $1,504 | 4.56% |
| El Campo, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $32 | 3.85% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.95% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,436 | 3.65% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 6,130 | $919,710,000 | $150,034 | $2,042 | 4.01% |
| HELOC | 379 | $29,855,000 | $78,773 | n/a | 4.76% |
For 2019, Randolph-brooks's most frequently originated type of loan was Conventional, with 6,130 originations. Their 2nd most popular type was HELOC, with 379 originations.
Loan Reason
For 2019, Randolph-brooks's most frequently cited loan purpose was Cash Out Refi, with 2,904 originations. The 2nd most popular reason was Home Purchase, with 1,458 originations.
Loan Duration/Length
For 2019, Randolph-brooks's most frequently cited loan duration was 15 Year, with 2,478 originations. The 2nd most popular length was 30 Year, with 1,214 originations.
Origination Fees/Closing Costs
Randolph-brooks's average total fees were $3,331, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,618 originations.
Interest Rates
During 2019, Randolph-brooks's average interest rate for loans was 4.19%, while their most frequently originated rate bucket for loans was 3-4%, with 2,838 originations.
Loan Sizing
2019 saw Randolph-brooks place emphasis on $100,000 or less loans with 3,347 originations, totaling $177,045,000 in origination value.
Applicant Income
Randolph-brooks lent most frequently to those with incomes in the $100k-150k range, with 1,739 originations. The second most popular income band? $150k-250k, with 1,296 originations.
Applicant Debt to Income Ratio
Randolph-brooks lent most frequently to those with DTI ratios of 20-30%, with 1,431 originations. The next most common DTI ratio? 30-36%, with 1,148 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.92%
Randolph-brooks has a below average approval rate.
Pick Rate
Approvals leading to origination42.30%
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 |
|---|---|---|---|
| 0.0 | 4 | $520,000 | $130,000 |
| NA | 6,505 | $949,045,000 | $145,895 |