Nfm Mortgage Rates, Fees & Info

LINTHICUM, MD

LEI: 549300MCIFZSDHUT8X63

Tax ID: 52-2102740

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • Origination Fees (Closing Costs)

    • Review & Overview

    Nfm is a mid-sized mortgage company specializing in Home Purchase loans. Nfm has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Baltimore, Phoenix, Tampa, and Richmond among others. We have data for 203 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Nfm 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. Nfm 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.

    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
    30 Year Conventional Purchase 6.83% 12/17/24
    30 Year Conventional Refi 6.69% 12/17/24
    30 Year Cash-out Refi 6.95% 12/17/24
    30 Year FHA Purchase 7.54% 12/17/24
    30 Year FHA Refi 7.24% 12/17/24
    30 Year VA Purchase 6.34% 12/17/24
    30 Year VA Refi 5.91% 12/17/24
    30 Year USDA Purchase 7.04% 12/17/24
    15 Year Conventional Purchase 6.21% 12/17/24
    15 Year Conventional Refi 6.21% 12/17/24
    15 Year Cash-out Refi 6.21% 12/17/24
    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.

    Nfm Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Nfm. 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

    12,058

    Origination Dollar Volume (All Markets)

    $3,271,290,000
    Show all (29) 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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1,918 $689,880,000 $359,687 $6,020 4.21%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1,626 $478,560,000 $294,317 $5,491 4.18%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,328 $328,570,000 $247,417 $4,856 4.40%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1,006 $258,030,000 $256,491 $4,576 4.32%
    RICHMOND, VA (FHA|USDA|VA) 755 $191,625,000 $253,808 $4,803 4.26%
    COLUMBUS, OH (FHA|USDA|VA) 906 $181,890,000 $200,762 $5,559 4.55%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 467 $176,335,000 $377,591 $7,201 4.21%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 626 $156,580,000 $250,128 $5,538 4.47%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 366 $87,420,000 $238,852 $4,153 4.41%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 285 $84,405,000 $296,158 $7,829 4.49%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 354 $77,560,000 $219,096 $4,868 4.30%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 242 $61,600,000 $254,545 $5,521 4.19%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 156 $38,390,000 $246,090 $4,703 4.08%
    YORK-HANOVER, PA (FHA|USDA|VA) 199 $37,895,000 $190,427 $4,295 4.12%
    Outside of Metro Areas 167 $35,695,000 $213,743 $4,493 4.30%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 73 $30,425,000 $416,781 $7,209 4.43%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 89 $28,015,000 $314,775 $8,107 4.48%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 101 $26,755,000 $264,901 $4,229 4.26%
    RALEIGH-CARY, NC (FHA|USDA|VA) 76 $17,590,000 $231,447 $4,511 4.15%
    GREELEY, CO (FHA|USDA|VA) 40 $13,630,000 $340,750 $7,685 4.28%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 82 $12,780,000 $155,854 $4,437 4.38%
    BOULDER, CO (FHA|USDA|VA) 33 $12,445,000 $377,121 $7,056 4.09%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 52 $10,550,000 $202,885 $5,069 4.41%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 51 $8,785,000 $172,255 $4,017 4.64%
    SALISBURY, MD-DE (FHA|USDA|VA) 35 $8,755,000 $250,143 $3,768 4.30%
    FAYETTEVILLE, NC (FHA|USDA|VA) 44 $8,080,000 $183,636 $4,159 4.15%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 43 $8,065,000 $187,558 $4,671 4.11%
    JACKSONVILLE, FL (FHA|USDA|VA) 33 $7,905,000 $239,545 $5,006 4.42%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 34 $7,420,000 $218,235 $3,282 4.47%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 27 $6,605,000 $244,630 $6,526 4.68%
    WINSTON-SALEM, NC (FHA|USDA|VA) 37 $6,135,000 $165,811 $4,167 4.57%
    LANCASTER, PA (FHA|USDA|VA) 33 $6,125,000 $185,606 $5,502 4.23%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 35 $6,015,000 $171,857 $4,267 4.09%
    WORCESTER, MA-CT (FHA|USDA|VA) 22 $6,010,000 $273,182 $5,373 4.28%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 46 $5,960,000 $129,565 $3,142 4.83%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 23 $5,835,000 $253,696 $4,021 4.17%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 35 $5,305,000 $151,571 $5,082 4.64%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 20 $3,740,000 $187,000 $5,131 4.41%
    Easton, MD (FHA|USDA|VA) 10 $3,520,000 $352,000 $5,648 3.85%
    Rockport, TX (FHA|USDA|VA) 16 $3,270,000 $204,375 $4,608 4.18%
    GETTYSBURG, PA (FHA|USDA|VA) 18 $3,260,000 $181,111 $4,338 4.38%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 11 $3,115,000 $283,182 $3,939 4.47%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,965,000 $423,571 $6,295 4.16%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $2,875,000 $319,444 $9,102 4.29%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 12 $2,870,000 $239,167 $4,512 4.32%
    Arcadia, FL (FHA|USDA|VA) 14 $2,700,000 $192,857 $4,184 4.52%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $2,375,000 $791,667 $5,447 4.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $2,340,000 $585,000 $5,303 4.06%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $2,245,000 $249,444 $4,619 4.56%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,220,000 $277,500 $5,188 4.05%
    FORT COLLINS, CO (FHA|USDA|VA) 6 $2,210,000 $368,333 $6,808 4.33%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 7 $2,205,000 $315,000 $5,190 4.38%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 10 $2,160,000 $216,000 $3,845 4.43%
    READING, PA (FHA|USDA|VA) 9 $1,975,000 $219,444 $7,647 4.21%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,910,000 $318,333 $4,651 4.00%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 10 $1,890,000 $189,000 $5,027 4.48%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 10 $1,860,000 $186,000 $5,928 4.53%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,765,000 $252,143 $6,166 4.30%
    Brenham, TX (FHA|USDA|VA) 10 $1,760,000 $176,000 $4,608 4.44%
    Albemarle, NC (FHA|USDA|VA) 9 $1,755,000 $195,000 $2,796 4.69%
    WINCHESTER, VA-WV (FHA|USDA|VA) 7 $1,755,000 $250,714 $3,723 4.18%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,745,000 $349,000 $8,946 4.45%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $1,720,000 $860,000 $4,020 3.94%
    Key West, FL (FHA|USDA|VA) 4 $1,720,000 $430,000 $6,177 4.19%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,665,000 $333,000 $11,511 4.05%
    PUNTA GORDA, FL (FHA|USDA|VA) 12 $1,660,000 $138,333 $4,712 4.27%
    LYNCHBURG, VA (FHA|USDA|VA) 10 $1,610,000 $161,000 $3,781 4.59%
    Breckenridge, CO (FHA|USDA|VA) 5 $1,605,000 $321,000 $5,501 4.50%
    LEBANON, PA (FHA|USDA|VA) 10 $1,590,000 $159,000 $5,100 4.21%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $1,520,000 $380,000 $4,024 4.38%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 8 $1,460,000 $182,500 $5,034 4.28%
    HARRISONBURG, VA (FHA|USDA|VA) 5 $1,365,000 $273,000 $2,548 4.35%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 6 $1,340,000 $223,333 $5,231 4.08%
    PITTSBURGH, PA (FHA|USDA|VA) 7 $1,305,000 $186,429 $4,779 4.23%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 7 $1,285,000 $183,571 $3,449 4.55%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $6,230 3.75%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $1,225,000 $408,333 $7,546 4.17%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 8 $1,210,000 $151,250 $3,050 4.80%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 13 $1,195,000 $91,923 $3,426 4.52%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,160,000 $290,000 $2,931 4.28%
    TUCSON, AZ (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,620 4.53%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $1,140,000 $190,000 $6,022 4.23%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $1,095,000 $365,000 $4,380 3.83%
    Shelby, NC (FHA|USDA|VA) 7 $1,035,000 $147,857 $3,276 4.89%
    STAUNTON, VA (FHA|USDA|VA) 6 $1,020,000 $170,000 $3,246 4.25%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $1,000,000 $500,000 $12,949 4.06%
    Cambridge, MD (FHA|USDA|VA) 5 $965,000 $193,000 $4,304 4.05%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $930,000 $465,000 $6,847 3.81%
    Urbana, OH (FHA|USDA|VA) 6 $910,000 $151,667 $5,620 4.58%
    WILMINGTON, NC (FHA|USDA|VA) 2 $900,000 $450,000 $3,173 4.69%
    SPRINGFIELD, MA (FHA|USDA|VA) 4 $890,000 $222,500 $7,468 4.47%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $890,000 $445,000 $6,227 4.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $870,000 $217,500 $4,881 4.13%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 4 $850,000 $212,500 $6,358 3.69%
    Chillicothe, OH (FHA|USDA|VA) 5 $825,000 $165,000 $4,338 4.45%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $805,000 $161,000 $2,989 4.43%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $805,000 $268,333 $7,238 3.96%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $790,000 $395,000 $2,868 4.50%
    Elkins, WV (FHA|USDA|VA) 7 $725,000 $103,571 $2,761 4.43%
    Lake City, FL (FHA|USDA|VA) 3 $725,000 $241,667 $11,512 4.29%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $710,000 $177,500 $5,835 4.09%
    SPRINGFIELD, OH (FHA|USDA|VA) 6 $710,000 $118,333 $4,187 4.40%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $705,000 $235,000 $5,671 4.21%
    Show Low, AZ (FHA|USDA|VA) 2 $700,000 $350,000 $3,602 4.44%
    GAINESVILLE, FL (FHA|USDA|VA) 3 $695,000 $231,667 $7,941 4.13%
    OCALA, FL (FHA|USDA|VA) 5 $685,000 $137,000 $3,738 4.70%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 4 $680,000 $170,000 $3,779 4.63%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $660,000 $165,000 $4,799 5.09%
    Kinston, NC (FHA|USDA|VA) 4 $660,000 $165,000 $4,306 4.63%
    MANSFIELD, OH (FHA|USDA|VA) 4 $600,000 $150,000 $4,336 4.59%
    JACKSONVILLE, NC (FHA|USDA|VA) 4 $580,000 $145,000 $2,447 4.53%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $575,000 $191,667 $5,466 4.08%
    Mount Vernon, OH (FHA|USDA|VA) 3 $535,000 $178,333 $4,659 4.46%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $520,000 $260,000 $2,598 4.31%
    Steamboat Springs, CO (FHA|USDA|VA) 2 $520,000 $260,000 $3,964 3.81%
    ROANOKE, VA (FHA|USDA|VA) 2 $510,000 $255,000 $6,136 3.31%
    Rockingham, NC (FHA|USDA|VA) 5 $495,000 $99,000 $3,664 3.98%
    DOVER, DE (FHA|USDA|VA) 1 $465,000 $465,000 $4,501 4.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $12,734 3.50%
    COLUMBIA, SC (FHA|USDA|VA) 2 $460,000 $230,000 $4,061 4.06%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $460,000 $230,000 $3,158 4.75%
    PUEBLO, CO (FHA|USDA|VA) 2 $450,000 $225,000 $4,052 5.13%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $445,000 $445,000 $10,408 3.38%
    GOLDSBORO, NC (FHA|USDA|VA) 3 $435,000 $145,000 $3,114 4.29%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 4 $430,000 $107,500 $5,205 5.19%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $425,000 $141,667 $4,014 4.29%
    Fort Morgan, CO (FHA|USDA|VA) 1 $425,000 $425,000 $6,593 5.50%
    Cullowhee, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,044 3.88%
    Mount Airy, NC (FHA|USDA|VA) 2 $410,000 $205,000 $4,484 3.81%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $395,000 $395,000 $3,744 4.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $390,000 $195,000 $2,865 4.69%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $385,000 $128,333 $3,412 4.63%
    Pottsville, PA (FHA|USDA|VA) 5 $385,000 $77,000 $2,750 4.65%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $380,000 $190,000 $3,252 4.63%
    FARMINGTON, NM (FHA|USDA|VA) 1 $375,000 $375,000 $646 4.00%
    CHARLESTON, WV (FHA|USDA|VA) 2 $370,000 $185,000 $4,680 4.88%
    Bellefontaine, OH (FHA|USDA|VA) 3 $365,000 $121,667 $3,685 4.29%
    Morehead City, NC (FHA|USDA|VA) 1 $365,000 $365,000 $6,899 3.88%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $365,000 $365,000 $5,834 3.88%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $360,000 $180,000 $3,238 4.19%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $345,000 $345,000 $3,574 3.75%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $345,000 $345,000 $3,965 4.13%
    PITTSFIELD, MA (FHA|USDA|VA) 2 $340,000 $170,000 $3,084 4.75%
    Keene, NH (FHA|USDA|VA) 1 $325,000 $325,000 $2,641 3.63%
    Sanford, NC (FHA|USDA|VA) 3 $325,000 $108,333 $2,190 4.38%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $305,000 $305,000 $4,919 3.88%
    Washington Court House, OH (FHA|USDA|VA) 2 $290,000 $145,000 $3,464 4.81%
    MADISON, WI (FHA|USDA|VA) 1 $285,000 $285,000 $7,983 4.13%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $285,000 $285,000 $2,451 3.88%
    Palatka, FL (FHA|USDA|VA) 1 $285,000 $285,000 $4,664 3.63%
    EL PASO, TX (FHA|USDA|VA) 2 $280,000 $140,000 $4,948 4.13%
    Bucyrus-Galion, OH (FHA|USDA|VA) 3 $275,000 $91,667 $5,241 4.58%
    Newport, OR (FHA|USDA|VA) 1 $275,000 $275,000 $4,355 4.38%
    Portsmouth, OH (FHA|USDA|VA) 2 $270,000 $135,000 $760 5.19%
    STOCKTON, CA (FHA|USDA|VA) 1 $265,000 $265,000 $5,910 3.75%
    Jefferson, GA (FHA|USDA|VA) 1 $265,000 $265,000 $8,503 5.00%
    Jackson, OH (FHA|USDA|VA) 1 $255,000 $255,000 $7,279 5.13%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $10,880 3.50%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,484 3.88%
    Boone, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,465 3.88%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $255,000 $255,000 $3,108 4.00%
    Washington, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,673 3.88%
    Marion, OH (FHA|USDA|VA) 2 $250,000 $125,000 $4,515 4.19%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $245,000 $245,000 $2,039 3.50%
    Laconia, NH (FHA|USDA|VA) 1 $225,000 $225,000 $6,818 5.88%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,386 3.88%
    Danville, VA (FHA|USDA|VA) 1 $225,000 $225,000 $3,142 4.88%
    Athens, OH (FHA|USDA|VA) 2 $220,000 $110,000 $7,327 5.19%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $215,000 $215,000 $3,641 3.88%
    Clarksburg, WV (FHA|USDA|VA) 1 $215,000 $215,000 $735 3.88%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,836 3.63%
    BURLINGTON, NC (FHA|USDA|VA) 1 $205,000 $205,000 $4,080 4.00%
    Bennettsville, SC (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.63%
    Clewiston, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,619 3.75%
    Sevierville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $5,275 3.88%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $1,195 4.50%
    AKRON, OH (FHA|USDA|VA) 2 $180,000 $90,000 $3,147 4.25%
    GREENVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,262 4.75%
    Elizabeth City, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,451 4.88%
    FLORENCE, SC (FHA|USDA|VA) 1 $175,000 $175,000 $242 5.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $4,455 4.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $6,007 3.88%
    Laurinburg, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,759 4.38%
    Paris, TN (FHA|USDA|VA) 1 $155,000 $155,000 $1,918 3.63%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,169 3.75%
    Indiana, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,334 4.50%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $145,000 $145,000 $1,965 5.00%
    NEW BERN, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,412 4.25%
    Huntingdon, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,219 4.13%
    Wapakoneta, OH (FHA|USDA|VA) 1 $135,000 $135,000 $6,683 4.13%
    TOLEDO, OH (FHA|USDA|VA) 1 $135,000 $135,000 $4,524 4.88%
    HAMMOND, LA (FHA|USDA|VA) 1 $135,000 $135,000 $2,898 5.50%
    Marietta, OH (FHA|USDA|VA) 1 $135,000 $135,000 $8,171 4.13%
    Nogales, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $4,760 3.88%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $1,534 4.63%
    Norwalk, OH (FHA|USDA|VA) 1 $125,000 $125,000 $5,272 4.63%
    Ashtabula, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,893 5.25%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,592 5.25%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,033 4.50%
    Coshocton, OH (FHA|USDA|VA) 1 $95,000 $95,000 $5,178 5.00%
    Wilson, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,049 5.13%
    Zanesville, OH (FHA|USDA|VA) 1 $75,000 $75,000 $5,609 5.13%
    Lumberton, NC (FHA|USDA|VA) 1 $75,000 $75,000 $4,183 4.63%
    Nfm's top markets include Washington, Baltimore, Phoenix, Tampa, and Richmond among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

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

    POINT BREEZE
    Similarity Rank: 27
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    ABNB Federal Credit Union
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    SOUTHBRIDGE CREDIT UNION
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    DEL-ONE FEDERAL CREDIT UNION
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    Bristol County Savings Bank
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    PENNSYLVANIA STATE EMPLOYEES Credit Union
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    DUPONT COMMUNITY
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    Middlesex Savings Bank
    Similarity Rank: 145
    MYPOINT Credit Union
    Similarity Rank: 147

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,202 $2,023,030,000 $280,898 $4,453 4.33%
    FHA 3,551 $851,035,000 $239,661 $6,968 4.37%
    VA 1,136 $365,900,000 $322,095 $6,382 3.99%
    USDA 169 $31,325,000 $185,355 $3,726 4.27%

    For 2019, Nfm's most frequently originated type of loan was Conventional, with 7,202 originations. Their 2nd most popular type was FHA, with 3,551 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,369 $2,465,005,000 $263,102 $5,272 4.38%
    Refi 1,858 $589,660,000 $317,363 $5,369 3.90%
    Cash Out Refi 831 $216,625,000 $260,680 $6,226 4.43%

    For 2019, Nfm's most frequently cited loan purpose was Home Purchase, with 9,369 originations. The 2nd most popular reason was Refi, with 1,858 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 11,488 $3,132,700,000 $272,693 $5,404 4.33%
    15 Year 333 $80,965,000 $243,138 $4,075 3.74%
    20 Year 142 $34,950,000 $246,127 $4,795 4.04%
    Other 77 $21,215,000 $275,519 $5,404 4.30%
    10 Year 18 $1,460,000 $81,111 $4,248 6.17%

    For 2019, Nfm's most frequently cited loan duration was 30 Year, with 11,488 originations. The 2nd most popular length was 15 Year, with 333 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 4,329 $1,213,675,000 $280,359
    $<1k 2,879 $743,455,000 $258,234
    $2k-3k 1,193 $276,145,000 $231,471
    $3k-4k 728 $185,370,000 $254,629
    $5k+ 636 $246,530,000 $387,626
    $4k-5k 452 $136,300,000 $301,549

    Nfm's average total fees were $5,404, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,329 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 6,311 $1,652,005,000 $261,766
    3-4% 4,370 $1,327,700,000 $303,822
    5-6% 1,281 $268,685,000 $209,746
    2.5-3% 49 $14,975,000 $305,612
    6-7% 32 $6,920,000 $216,250
    7-8% 11 $165,000 $15,000
    Over 8% 3 $485,000 $161,667
    <2.5% 1 $355,000 $355,000

    During 2019, Nfm's average interest rate for loans was 4.33%, while their most frequently originated rate bucket for loans was 4-5%, with 6,311 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 6,582 $1,821,310,000 $276,711 $5,570 4.25%
    $100k-200k 3,265 $515,575,000 $157,910 $4,180 4.48%
    $400k-600k 1,435 $671,595,000 $468,010 $6,903 4.13%
    $100,000 or less 475 $35,665,000 $75,084 $3,372 4.79%
    $600k-1MM 271 $189,645,000 $699,797 $8,263 4.00%
    $1MM+ 30 $37,500,000 $1,250,000 $7,740 3.98%

    2019 saw Nfm place emphasis on $200k-400k loans with 6,582 originations, totaling $1,821,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 3,294 $724,470,000 $219,936 $5,085 4.39%
    $50k or less 2,371 $456,505,000 $192,537 $4,444 4.28%
    $75k-100k 2,325 $622,955,000 $267,938 $5,657 4.37%
    $100k-150k 2,300 $730,900,000 $317,783 $5,853 4.28%
    $150k-250k 1,274 $498,280,000 $391,115 $6,086 4.20%
    $250k+ 435 $219,395,000 $504,356 $5,698 4.20%

    Nfm lent most frequently to those with incomes in the $50k-75k range, with 3,294 originations. The second most popular income band? $50k or less, with 2,371 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,923 $530,615,000 $275,931 $5,151 4.33%
    20-30% 1,615 $441,865,000 $273,601 $4,840 4.22%
    50-60% 1,139 $300,865,000 $264,148 $7,269 4.36%
    44% 587 $151,635,000 $258,322 $5,039 4.46%
    42% 519 $135,185,000 $260,472 $5,000 4.42%
    43% 519 $137,355,000 $264,653 $5,252 4.45%
    40% 493 $141,065,000 $286,136 $5,514 4.36%
    49% 480 $127,010,000 $264,604 $5,559 4.33%
    41% 479 $125,935,000 $262,912 $4,941 4.37%
    39% 456 $125,480,000 $275,175 $4,955 4.35%
    38% 437 $117,605,000 $269,119 $5,103 4.35%
    48% 413 $110,295,000 $267,058 $5,554 4.40%
    46% 401 $106,705,000 $266,097 $5,757 4.41%
    <20% 397 $112,285,000 $282,834 $4,628 4.16%
    37% 397 $107,205,000 $270,038 $5,270 4.34%
    47% 396 $107,310,000 $270,985 $5,542 4.34%
    45% 396 $100,420,000 $253,586 $5,496 4.40%
    36% 372 $97,790,000 $262,876 $4,847 4.36%
    >60% 33 $12,015,000 $364,091 $7,551 4.35%

    Nfm lent most frequently to those with DTI ratios of 30-36%, with 1,923 originations. The next most common DTI ratio? 20-30%, with 1,615 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 9,360 $2,539,460,000 $271,310 $5,246 4.31%
    Black 1,402 $362,810,000 $258,780 $5,977 4.41%
    Not provided 888 $250,180,000 $281,734 $5,523 4.28%
    Asian 321 $94,045,000 $292,975 $5,436 4.23%
    American Indian 42 $11,470,000 $273,095 $5,140 4.36%
    Native Hawaiian or Islander 41 $10,945,000 $266,951 $5,685 4.07%
    Japanese 1 $1,235,000 $1,235,000 $4,054 3.75%
    Native Hawaiian 1 $475,000 $475,000 $10,155 4.13%
    Other Pacific Islander 1 $345,000 $345,000 $6,608 4.13%
    Other Asian 1 $325,000 $325,000 $12,137 4.63%

    Approval Rates

    Total approvals of all applications
    96.68%

    Nfm 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
    84.80%

    Nfm has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 12,058 $3,271,290,000 $271,296

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 62 $8,630,000 $139,194
    Single Family (1-4 Units):Site-Built 11,996 $3,262,660,000 $271,979

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 121 $18,975,000 $156,818 $3,583 4.17%
    40-60% 502 $125,140,000 $249,283 $4,320 4.12%
    60-80% 2,367 $695,735,000 $293,931 $4,856 4.28%
    80-100% 8,735 $2,339,715,000 $267,855 $5,429 4.34%
    Over 100% 288 $90,340,000 $313,681 $10,127 4.10%
    Under 20% 44 $1,170,000 $26,591 $1,944 5.29%