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
  • 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 and Cash Out Refi loans. Infinity Mortgage Holdings has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Austin, Lubbock, Odessa, Midland, and Dallas among others. We have data for 19 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% 11/17/24
    30 Year Conventional Refi 6.59% 11/17/24
    30 Year Cash-out Refi 6.95% 11/17/24
    30 Year FHA Purchase 8.06% 11/17/24
    30 Year VA Purchase 5.92% 11/17/24
    15 Year Conventional Purchase 6.32% 11/17/24
    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

    88

    Origination Dollar Volume (All Markets)

    $23,030,000

    Awards

    INFINITY MORTGAGE HOLDINGS 30 Year Conventional Loans gold INFINITY MORTGAGE HOLDINGS FHA Loans gold
    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
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $4,740,000 $592,500 $7,129 3.41%
    LUBBOCK, TX (FHA|USDA|VA) 23 $4,025,000 $175,000 $6,065 3.85%
    ODESSA, TX (FHA|USDA|VA) 17 $3,865,000 $227,353 $8,966 4.01%
    MIDLAND, TX (FHA|USDA|VA) 10 $2,220,000 $222,000 $10,151 4.23%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $1,900,000 $316,667 $4,994 3.85%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,530,000 $382,500 $4,047 3.72%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $645,000 $645,000 $4,746 3.25%
    Gainesville, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,575 4.38%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $460,000 $230,000 $6,486 3.56%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $450,000 $225,000 $6,998 4.19%
    Outside of Metro Areas 3 $445,000 $148,333 $9,034 4.67%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $375,000 $375,000 $6,510 3.25%
    WACO, TX (FHA|USDA|VA) 2 $320,000 $160,000 $3,875 4.13%
    AMARILLO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $9,666 3.25%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $265,000 $265,000 $11,541 4.13%
    TYLER, TX (FHA|USDA|VA) 3 $255,000 $85,000 $0 3.88%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,572 3.38%
    Athens, TX (FHA|USDA|VA) 1 $235,000 $235,000 $5,246 4.00%
    ABILENE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,548 4.13%
    Infinity Mortgage Holdings's top markets include Austin, Lubbock, Odessa, Midland, and Dallas 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.

    PRIMEWAY
    Similarity Rank: 249
    Red Rocks Credit Union
    Similarity Rank: 384
    Credit Union of Denver
    Similarity Rank: 450
    AMOCO
    Similarity Rank: 510
    Texas Health Credit Union
    Similarity Rank: 552
    SIWELL, INC.
    Similarity Rank: 650
    DENVER COMMUNITY
    Similarity Rank: 651
    TEXAS BAY
    Similarity Rank: 957
    BLUE BRICK FINANCIAL LLC
    Similarity Rank: 1020
    ON TAP
    Similarity Rank: 1056

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 55 $15,185,000 $276,091 $5,659 3.83%
    FHA 31 $6,825,000 $220,161 $9,690 4.07%
    VA 2 $1,020,000 $510,000 $5,628 3.25%

    For 2022, Infinity Mortgage Holdings's most frequently originated type of loan was Conventional, with 55 originations. Their 2nd most popular type was FHA, with 31 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 64 $14,250,000 $222,656 $7,688 3.97%
    Cash Out Refi 16 $5,790,000 $361,875 $5,761 3.79%
    Refi 8 $2,990,000 $373,750 $7,249 3.63%

    For 2022, Infinity Mortgage Holdings's most frequently cited loan purpose was Home Purchase, with 64 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 83 $21,575,000 $259,940 $7,483 3.93%
    15 Year 3 $1,105,000 $368,333 $4,405 3.25%
    10 Year 1 $265,000 $265,000 $4,904 3.25%
    20 Year 1 $85,000 $85,000 $4,342 4.63%

    For 2022, Infinity Mortgage Holdings's most frequently cited loan duration was 30 Year, with 83 originations. The 2nd most popular length was 15 Year, with 3 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 39 $12,805,000 $328,333
    $2k-3k 23 $5,115,000 $222,391
    $3k-4k 6 $1,270,000 $211,667
    $4k-5k 4 $1,090,000 $272,500
    $5k+ 2 $620,000 $310,000
    $<1k 1 $755,000 $755,000

    Infinity Mortgage Holdings's average total fees were $7,483, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 39 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 49 $14,785,000 $301,735
    4-5% 26 $5,480,000 $210,769
    5-6% 8 $1,650,000 $206,250
    2.5-3% 5 $1,115,000 $223,000

    During 2022, Infinity Mortgage Holdings's average interest rate for loans was 3.93%, while their most frequently originated rate bucket for loans was 3-4%, with 49 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 45 $11,535,000 $256,333 $7,740 3.86%
    $100k-200k 26 $4,100,000 $157,692 $6,669 3.93%
    $100,000 or less 9 $725,000 $80,556 $5,347 4.19%
    $400k-600k 4 $1,990,000 $497,500 $5,602 4.19%
    $1MM+ 2 $3,280,000 $1,640,000 $13,586 3.44%
    $600k-1MM 2 $1,400,000 $700,000 $4,356 3.19%

    2022 saw Infinity Mortgage Holdings place emphasis on $200k-400k loans with 45 originations, totaling $11,535,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 28 $6,220,000 $222,143 $7,104 4.03%
    $50k-75k 16 $4,100,000 $256,250 $7,226 4.08%
    $50k or less 15 $2,675,000 $178,333 $6,454 3.56%
    $75k-100k 15 $3,375,000 $225,000 $8,903 4.10%
    $150k-250k 11 $2,625,000 $238,636 $6,119 3.68%
    $250k+ 3 $4,035,000 $1,345,000 $10,379 3.33%

    Infinity Mortgage Holdings lent most frequently to those with incomes in the $100k-150k range, with 28 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 20 $6,070,000 $303,500 $6,329 3.77%
    50-60% 14 $3,790,000 $270,714 $9,068 3.66%
    30-36% 8 $1,500,000 $187,500 $7,827 4.05%
    42% 6 $2,720,000 $453,333 $8,175 3.98%
    39% 5 $1,215,000 $243,000 $6,780 4.10%
    37% 4 $760,000 $190,000 $3,919 4.13%
    40% 4 $790,000 $197,500 $8,590 4.34%
    43% 4 $1,000,000 $250,000 $6,321 3.41%
    44% 4 $720,000 $180,000 $7,463 3.69%
    36% 3 $805,000 $268,333 $6,766 3.58%
    <20% 3 $845,000 $281,667 $5,372 3.58%
    45% 2 $620,000 $310,000 $5,210 3.94%
    46% 2 $580,000 $290,000 $5,697 4.06%
    38% 2 $130,000 $65,000 $0 4.25%
    48% 2 $460,000 $230,000 $10,478 4.81%
    41% 2 $350,000 $175,000 $7,105 4.75%
    49% 2 $470,000 $235,000 $6,932 3.81%
    47% 1 $205,000 $205,000 $9,547 5.00%

    Infinity Mortgage Holdings lent most frequently to those with DTI ratios of 20-30%, with 20 originations. The next most common DTI ratio? 50-60%, with 14 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 61 $17,635,000 $289,098 $7,484 4.02%
    Not provided 17 $3,275,000 $192,647 $6,307 3.50%
    Black 6 $1,400,000 $233,333 $7,922 4.21%
    Asian 3 $485,000 $161,667 $9,545 3.04%
    American Indian 1 $235,000 $235,000 $4,548 4.13%

    Approval Rates

    Total approvals of all applications
    94.35%

    Infinity Mortgage Holdings has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.59%

    Infinity Mortgage Holdings has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 88 $23,030,000 $261,705

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    88 $23,030,000 $261,705

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $2,025,000 $675,000 $8,707 3.63%
    40-60% 7 $1,895,000 $270,714 $4,094 3.55%
    60-80% 28 $7,470,000 $266,786 $6,328 3.88%
    80-100% 49 $11,465,000 $233,980 $8,114 4.00%
    Under 20% 1 $175,000 $175,000 $3,983 3.25%