Infinity Mortgage Holdings Rates, Fees & Info

WILMINGTON, DE

LEI: 549300M6LHDDWINJTR38

Tax ID: 47-5335121

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
  • Complaints
  • 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

    Infinity Mortgage Holdings is a smaller mortgage company specializing in Home Purchase loans. Infinity Mortgage Holdings has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Houston, Austin, Dallas, Lubbock, and Colorado Springs among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Infinity Mortgage Holdings 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. Infinity Mortgage Holdings 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.80% 11/22/24
    30 Year Conventional Refi 6.59% 11/22/24
    30 Year Cash-out Refi 6.95% 11/22/24
    30 Year FHA Purchase 8.06% 11/22/24
    30 Year VA Purchase 5.92% 11/22/24
    15 Year Conventional Purchase 6.32% 11/22/24
    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.

    Infinity Mortgage Holdings Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Infinity Mortgage Holdings. 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

    953

    Origination Dollar Volume (All Markets)

    $204,615,000

    Awards

    INFINITY MORTGAGE HOLDINGS 30 Year Conventional Loans silver INFINITY MORTGAGE HOLDINGS 30 Year Conventional Loans silver
    Show all (2) 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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 540 $97,250,000 $180,093 $7,121 4.49%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 175 $51,385,000 $293,629 $6,067 4.18%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 84 $23,830,000 $283,690 $7,981 4.43%
    LUBBOCK, TX (FHA|USDA|VA) 42 $9,720,000 $231,429 $5,764 4.20%
    Outside of Metro Areas 20 $3,670,000 $183,500 $7,186 4.44%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 14 $3,310,000 $236,429 $4,107 4.04%
    MIDLAND, TX (FHA|USDA|VA) 9 $2,555,000 $283,889 $8,441 4.01%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 13 $2,275,000 $175,000 $6,432 4.49%
    AMARILLO, TX (FHA|USDA|VA) 13 $2,085,000 $160,385 $7,355 4.95%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,500,000 $250,000 $5,047 3.81%
    Hereford, TX (FHA|USDA|VA) 6 $950,000 $158,333 $8,244 5.14%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $900,000 $450,000 $6,574 3.94%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $770,000 $385,000 $6,544 4.75%
    Gainesville, TX (FHA|USDA|VA) 3 $495,000 $165,000 $8,723 5.46%
    Rio Grande City-Roma, TX (FHA|USDA|VA) 3 $475,000 $158,333 $6,255 3.67%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $375,000 $125,000 $5,294 4.92%
    ODESSA, TX (FHA|USDA|VA) 2 $370,000 $185,000 $6,842 5.25%
    Levelland, TX (FHA|USDA|VA) 2 $350,000 $175,000 $8,677 4.50%
    VICTORIA, TX (FHA|USDA|VA) 1 $325,000 $325,000 $5,640 4.00%
    TYLER, TX (FHA|USDA|VA) 2 $290,000 $145,000 $5,250 3.81%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,628 4.88%
    Lufkin, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,133 4.63%
    Plainview, TX (FHA|USDA|VA) 2 $190,000 $95,000 $6,588 4.38%
    Granbury, TX (FHA|USDA|VA) 1 $185,000 $185,000 $8,666 5.75%
    Athens, TX (FHA|USDA|VA) 1 $175,000 $175,000 $7,097 4.63%
    Bay City, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,689 4.13%
    Fredericksburg, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,156 3.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,530 4.00%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $135,000 $135,000 $4,571 4.88%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $105,000 $105,000 $1,110 3.63%
    Infinity Mortgage Holdings's top markets include Houston, Austin, Dallas, Lubbock, and Colorado Springs among others.

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

    • Similar Lenders

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

    My Community Credit Union
    Similarity Rank: 168
    ARAPAHOE CREDIT UNION
    Similarity Rank: 256
    The District Federal Credit Union
    Similarity Rank: 372
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 459
    DENVER COMMUNITY
    Similarity Rank: 480
    Alliance Credit Union
    Similarity Rank: 494
    MEMBERS CHOICE Credit Union
    Similarity Rank: 549
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 707
    TEXAS BAY
    Similarity Rank: 888
    INTELLILOAN, INC.
    Similarity Rank: 1053

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 491 $116,525,000 $237,322 $5,301 4.23%
    FHA 424 $78,480,000 $185,094 $8,577 4.63%
    VA 34 $8,990,000 $264,412 $7,603 4.19%
    USDA 4 $620,000 $155,000 $7,630 4.34%

    For 2019, Infinity Mortgage Holdings's most frequently originated type of loan was Conventional, with 491 originations. Their 2nd most popular type was FHA, with 424 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 812 $168,100,000 $207,020 $7,200 4.46%
    Refi 87 $24,695,000 $283,851 $4,970 4.01%
    Cash Out Refi 51 $11,415,000 $223,824 $5,257 4.33%
    Home Improvement 3 $405,000 $135,000 $4,144 4.29%

    For 2019, Infinity Mortgage Holdings's most frequently cited loan purpose was Home Purchase, with 812 originations. The 2nd most popular reason was Refi, with 87 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 904 $194,800,000 $215,487 $7,000 4.44%
    15 Year 35 $7,025,000 $200,714 $4,650 3.69%
    20 Year 11 $2,135,000 $194,091 $5,285 4.08%
    Other 3 $655,000 $218,333 $3,810 4.25%

    For 2019, Infinity Mortgage Holdings's most frequently cited loan duration was 30 Year, with 904 originations. The 2nd most popular length was 15 Year, with 35 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 499 $109,085,000 $218,607
    $2k-3k 289 $55,035,000 $190,433
    $3k-4k 57 $13,115,000 $230,088
    $5k+ 30 $10,520,000 $350,667
    $4k-5k 28 $6,940,000 $247,857
    $<1k 20 $4,800,000 $240,000

    Infinity Mortgage Holdings's average total fees were $7,000, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 499 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 486 $101,610,000 $209,074
    3-4% 323 $76,695,000 $237,446
    5-6% 144 $26,310,000 $182,708

    During 2019, Infinity Mortgage Holdings's average interest rate for loans was 4.44%, while their most frequently originated rate bucket for loans was 4-5%, with 486 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 502 $79,100,000 $157,570 $6,586 4.51%
    $200k-400k 363 $96,375,000 $265,496 $7,432 4.32%
    $400k-600k 45 $20,685,000 $459,667 $6,920 4.05%
    $100,000 or less 37 $2,935,000 $79,324 $4,913 4.46%
    $600k-1MM 5 $3,665,000 $733,000 $7,412 4.03%
    $1MM+ 1 $1,855,000 $1,855,000 $18,374 3.75%

    2019 saw Infinity Mortgage Holdings place emphasis on $100k-200k loans with 502 originations, totaling $79,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 301 $53,205,000 $176,761 $7,167 4.50%
    $50k or less 193 $28,545,000 $147,902 $6,446 4.45%
    $75k-100k 186 $40,920,000 $220,000 $7,229 4.42%
    $100k-150k 163 $41,925,000 $257,209 $6,833 4.35%
    $150k-250k 72 $24,450,000 $339,583 $6,232 4.20%
    $250k+ 37 $15,465,000 $417,973 $6,636 4.16%

    Infinity Mortgage Holdings lent most frequently to those with incomes in the $50k-75k range, with 301 originations. The second most popular income band? $50k or less, with 193 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 134 $31,210,000 $232,910 $6,223 4.29%
    50-60% 122 $23,520,000 $192,787 $8,855 4.62%
    20-30% 99 $22,575,000 $228,030 $6,129 4.24%
    44% 58 $11,750,000 $202,586 $6,284 4.39%
    43% 49 $10,045,000 $205,000 $6,922 4.56%
    48% 46 $9,470,000 $205,870 $6,836 4.54%
    45% 44 $8,500,000 $193,182 $6,635 4.52%
    47% 42 $9,270,000 $220,714 $7,039 4.35%
    49% 38 $7,830,000 $206,053 $7,155 4.34%
    38% 38 $8,750,000 $230,263 $6,683 4.33%
    42% 37 $7,345,000 $198,514 $7,256 4.44%
    40% 36 $7,920,000 $220,000 $6,879 4.46%
    46% 36 $7,270,000 $201,944 $6,788 4.48%
    39% 34 $6,830,000 $200,882 $6,246 4.37%
    36% 34 $9,970,000 $293,235 $7,317 4.33%
    41% 33 $7,305,000 $221,364 $7,461 4.59%
    37% 31 $5,895,000 $190,161 $6,261 4.51%
    <20% 30 $6,750,000 $225,000 $5,758 4.00%
    >60% 12 $2,410,000 $200,833 $5,503 4.42%

    Infinity Mortgage Holdings lent most frequently to those with DTI ratios of 30-36%, with 134 originations. The next most common DTI ratio? 50-60%, with 122 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 738 $154,990,000 $210,014 $6,817 4.42%
    Not provided 131 $28,625,000 $218,511 $6,782 4.36%
    Black 54 $13,330,000 $246,852 $8,054 4.50%
    Asian 16 $4,740,000 $296,250 $7,379 4.11%
    American Indian 10 $2,040,000 $204,000 $6,419 4.62%
    Chinese 1 $395,000 $395,000 $5,458 3.63%
    Asian Indian 1 $235,000 $235,000 $4,299 3.75%
    1 $195,000 $195,000 $5,287 4.63%
    Other Asian 1 $65,000 $65,000 $0 5.63%

    Approval Rates

    Total approvals of all applications
    98.48%

    Infinity Mortgage Holdings has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    78.07%

    Infinity Mortgage Holdings has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 953 $204,615,000 $214,706

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 17 $1,995,000 $117,353
    Single Family (1-4 Units):Site-Built 936 $202,620,000 $216,474

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 13 $2,305,000 $177,308 $4,245 4.02%
    40-60% 25 $6,215,000 $248,600 $5,008 3.96%
    60-80% 176 $46,630,000 $264,943 $5,517 4.25%
    80-100% 735 $148,325,000 $201,803 $7,248 4.47%
    Over 100% 4 $1,140,000 $285,000 $13,996 4.59%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Infinity Home Lending FHA mortgage Closing on a mortgage 1 100.0%