Homespire Mortgage Corporation Rates, Fees & Info

BALTIMORE, MD

LEI: 549300MFY0P4D234OB91

Tax ID: 20-8279218

3.5 stars - out of 5 stars, based on 97 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Homespire Mortgage Corporation is a small mortgage company specializing in Home Purchase and Refi loans. Homespire Mortgage Corporation 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, Tampa, Atlanta, and Hagerstown among others. We have data for 203 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Homespire Mortgage Corporation 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. Homespire Mortgage Corporation 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
    Home Equity Line of Credit (HELOC) 6.58% 12/4/22
    30 Year Conventional Purchase 6.92% 12/4/22
    30 Year Conventional Refi 6.91% 12/4/22
    30 Year FHA Purchase 7.90% 12/4/22
    30 Year FHA Refi 7.48% 12/4/22
    30 Year VA Purchase 6.67% 12/4/22
    30 Year VA Refi 6.31% 12/4/22
    30 Year USDA Purchase 7.17% 12/4/22
    30 Year USDA Refi 6.85% 12/4/22
    15 Year Conventional Purchase 6.20% 12/4/22
    15 Year Conventional Refi 6.20% 12/4/22
    15 Year Cash-out Refi 6.20% 12/4/22
    15 Year FHA Refi 6.64% 12/4/22
    15 Year VA Purchase 6.29% 12/4/22
    15 Year VA Refi 5.78% 12/4/22
    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.


    Originations

    9,362

    Origination Dollar Volume (All Markets)

    $2,941,870,000

    Awards

    HOMESPIRE MORTGAGE CORPORATION 30 Year Conventional Loans bronze HOMESPIRE MORTGAGE CORPORATION 30 Year Conventional Loans gold
    Show all (2) awards

    Relative Rate

    Homespire Mortgage Corporation's average 30 year fixed mortgage rate was 3.09%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.06%.

    Relative Fees (Closing Costs)

    Homespire Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,461.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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) 3,773 $1,496,035,000 $396,511 $6,693 3.01%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 631 $206,545,000 $327,330 $6,919 3.04%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 673 $179,645,000 $266,932 $6,399 3.20%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 368 $105,280,000 $286,087 $5,197 3.08%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 320 $77,080,000 $240,875 $6,109 3.17%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 335 $76,345,000 $227,896 $5,092 3.15%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 293 $70,765,000 $241,519 $6,111 3.09%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 244 $58,110,000 $238,156 $7,259 2.67%
    RALEIGH-CARY, NC (FHA|USDA|VA) 213 $57,335,000 $269,178 $4,195 3.01%
    FAYETTEVILLE, NC (FHA|USDA|VA) 238 $49,860,000 $209,496 $5,641 2.99%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 114 $47,490,000 $416,579 $7,064 3.10%
    Outside of Metro Areas 164 $37,870,000 $230,915 $5,697 3.18%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 181 $37,535,000 $207,376 $5,425 3.10%
    WINCHESTER, VA-WV (FHA|USDA|VA) 132 $33,800,000 $256,061 $5,458 3.21%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 85 $23,125,000 $272,059 $6,252 3.22%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 130 $19,520,000 $150,154 $5,670 3.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 89 $18,505,000 $207,921 $7,044 3.05%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 58 $17,970,000 $309,828 $6,570 3.05%
    SAVANNAH, GA (FHA|USDA|VA) 74 $16,720,000 $225,946 $6,006 2.97%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 39 $15,495,000 $397,308 $5,571 2.80%
    COLUMBUS, OH (FHA|USDA|VA) 59 $14,925,000 $252,966 $4,483 3.00%
    RICHMOND, VA (FHA|USDA|VA) 58 $14,470,000 $249,483 $5,972 3.12%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 78 $11,430,000 $146,538 $4,721 3.17%
    BATON ROUGE, LA (FHA|USDA|VA) 57 $11,425,000 $200,439 $7,581 3.11%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 56 $9,840,000 $175,714 $7,290 3.56%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 30 $9,630,000 $321,000 $6,873 3.11%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 35 $7,215,000 $206,143 $6,695 3.14%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 25 $7,035,000 $281,400 $6,526 3.23%
    YORK-HANOVER, PA (FHA|USDA|VA) 28 $6,570,000 $234,643 $6,663 2.98%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 21 $6,465,000 $307,857 $6,703 3.08%
    WORCESTER, MA-CT (FHA|USDA|VA) 19 $6,435,000 $338,684 $7,972 3.22%
    CHARLESTON, WV (FHA|USDA|VA) 27 $5,885,000 $217,963 $5,751 3.25%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 23 $5,335,000 $231,957 $5,512 3.28%
    WARNER ROBINS, GA (FHA|USDA|VA) 21 $5,285,000 $251,667 $5,275 2.94%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 21 $5,245,000 $249,762 $4,133 2.99%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 18 $5,150,000 $286,111 $4,958 3.06%
    LANCASTER, PA (FHA|USDA|VA) 25 $5,065,000 $202,600 $5,450 2.99%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 24 $5,050,000 $210,417 $6,313 2.76%
    SALISBURY, MD-DE (FHA|USDA|VA) 17 $5,045,000 $296,765 $4,656 2.90%
    ALBUQUERQUE, NM (FHA|USDA|VA) 23 $5,025,000 $218,478 $4,620 3.04%
    GAINESVILLE, GA (FHA|USDA|VA) 15 $4,185,000 $279,000 $6,179 2.93%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 18 $4,030,000 $223,889 $5,507 2.80%
    JACKSONVILLE, FL (FHA|USDA|VA) 15 $4,025,000 $268,333 $5,055 2.99%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 15 $3,945,000 $263,000 $6,323 3.26%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 11 $3,905,000 $355,000 $8,172 2.94%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 13 $3,435,000 $264,231 $4,486 3.24%
    OCALA, FL (FHA|USDA|VA) 18 $3,280,000 $182,222 $4,957 3.26%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 11 $3,255,000 $295,909 $5,891 3.38%
    Jefferson, GA (FHA|USDA|VA) 8 $2,980,000 $372,500 $6,021 3.31%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $2,900,000 $290,000 $6,311 3.01%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 10 $2,660,000 $266,000 $4,001 3.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $2,530,000 $316,250 $10,501 3.14%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $2,510,000 $313,750 $7,389 3.14%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 6 $2,340,000 $390,000 $6,169 3.17%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 10 $2,310,000 $231,000 $8,488 3.66%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 7 $2,295,000 $327,857 $5,868 3.38%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $2,255,000 $451,000 $8,235 3.13%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $2,245,000 $2,245,000 $11,974 3.50%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 9 $2,215,000 $246,111 $6,929 3.01%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,075,000 $415,000 $6,068 3.28%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 7 $1,945,000 $277,857 $7,425 2.79%
    WILMINGTON, NC (FHA|USDA|VA) 5 $1,905,000 $381,000 $4,232 3.15%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,845,000 $369,000 $3,615 2.93%
    GOLDSBORO, NC (FHA|USDA|VA) 11 $1,845,000 $167,727 $4,333 2.97%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,840,000 $460,000 $8,880 2.97%
    DOVER, DE (FHA|USDA|VA) 5 $1,805,000 $361,000 $8,271 2.98%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $1,680,000 $840,000 $11,382 3.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,640,000 $273,333 $6,372 3.21%
    STAUNTON, VA (FHA|USDA|VA) 5 $1,565,000 $313,000 $8,708 3.58%
    PANAMA CITY, FL (FHA|USDA|VA) 5 $1,525,000 $305,000 $5,249 3.30%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $1,490,000 $372,500 $3,862 2.94%
    LEBANON, PA (FHA|USDA|VA) 7 $1,335,000 $190,714 $4,478 3.05%
    HINESVILLE, GA (FHA|USDA|VA) 6 $1,260,000 $210,000 $7,129 3.25%
    PITTSFIELD, MA (FHA|USDA|VA) 2 $1,260,000 $630,000 $4,571 2.56%
    ROCKY MOUNT, NC (FHA|USDA|VA) 6 $1,180,000 $196,667 $4,607 3.42%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,160,000 $290,000 $4,510 3.00%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,155,000 $385,000 $4,800 3.13%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $3,312 2.38%
    GAINESVILLE, FL (FHA|USDA|VA) 6 $1,100,000 $183,333 $5,288 2.54%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,065,000 $355,000 $3,344 2.83%
    HARRISONBURG, VA (FHA|USDA|VA) 5 $1,065,000 $213,000 $5,922 3.18%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,050,000 $525,000 $7,577 2.75%
    VALLEJO, CA (FHA|USDA|VA) 2 $1,040,000 $520,000 $2,243 2.38%
    Sevierville, TN (FHA|USDA|VA) 3 $1,025,000 $341,667 $7,700 3.29%
    Cambridge, MD (FHA|USDA|VA) 3 $985,000 $328,333 $3,951 2.54%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $980,000 $245,000 $7,010 3.25%
    Elizabeth City, NC (FHA|USDA|VA) 6 $980,000 $163,333 $5,045 3.27%
    Statesboro, GA (FHA|USDA|VA) 4 $960,000 $240,000 $7,721 3.16%
    Morehead City, NC (FHA|USDA|VA) 2 $960,000 $480,000 $3,526 2.94%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $935,000 $311,667 $9,576 2.88%
    Key West, FL (FHA|USDA|VA) 2 $930,000 $465,000 $4,062 2.13%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $925,000 $308,333 $5,823 2.46%
    Lumberton, NC (FHA|USDA|VA) 5 $895,000 $179,000 $4,550 3.45%
    Sanford, NC (FHA|USDA|VA) 4 $890,000 $222,500 $4,967 3.09%
    GETTYSBURG, PA (FHA|USDA|VA) 4 $880,000 $220,000 $5,490 2.88%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $880,000 $220,000 $6,778 2.66%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $865,000 $173,000 $4,258 3.08%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $825,000 $275,000 $5,137 3.17%
    Wilson, NC (FHA|USDA|VA) 5 $825,000 $165,000 $5,118 3.13%
    MORGANTOWN, WV (FHA|USDA|VA) 3 $765,000 $255,000 $3,847 3.13%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $755,000 $755,000 $6,976 2.88%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $755,000 $251,667 $5,588 2.88%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $755,000 $151,000 $4,881 3.15%
    Easton, MD (FHA|USDA|VA) 3 $735,000 $245,000 $4,594 3.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $730,000 $365,000 $4,353 3.06%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $710,000 $355,000 $3,058 3.00%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $700,000 $350,000 $1,881 3.69%
    Danville, KY (FHA|USDA|VA) 1 $695,000 $695,000 $4,457 3.50%
    LUBBOCK, TX (FHA|USDA|VA) 3 $695,000 $231,667 $5,871 3.25%
    Boone, NC (FHA|USDA|VA) 2 $690,000 $345,000 $3,574 2.81%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $680,000 $340,000 $3,438 2.69%
    WINSTON-SALEM, NC (FHA|USDA|VA) 4 $680,000 $170,000 $5,418 3.03%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $665,000 $221,667 $4,887 3.38%
    BURLINGTON, NC (FHA|USDA|VA) 4 $650,000 $162,500 $4,186 3.28%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $640,000 $320,000 $7,207 3.13%
    SANTA FE, NM (FHA|USDA|VA) 3 $605,000 $201,667 $5,254 3.38%
    Calhoun, GA (FHA|USDA|VA) 2 $600,000 $300,000 $7,686 3.31%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $600,000 $300,000 $7,063 3.56%
    Clarksburg, WV (FHA|USDA|VA) 3 $595,000 $198,333 $3,778 3.38%
    Laurinburg, NC (FHA|USDA|VA) 4 $570,000 $142,500 $2,322 3.53%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $565,000 $188,333 $3,406 3.33%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 2 $560,000 $280,000 $3,905 2.88%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $545,000 $545,000 $4,514 3.50%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $540,000 $270,000 $5,480 3.13%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $520,000 $260,000 $4,516 2.81%
    SPRINGFIELD, MA (FHA|USDA|VA) 2 $520,000 $260,000 $9,113 3.19%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $520,000 $260,000 $7,044 2.69%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $485,000 $485,000 $4,430 3.00%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $480,000 $240,000 $4,029 3.81%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $480,000 $240,000 $4,040 3.19%
    Auburn, IN (FHA|USDA|VA) 1 $475,000 $475,000 $5,000 2.50%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $470,000 $235,000 $5,226 3.19%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $445,000 $148,333 $2,996 3.67%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $445,000 $148,333 $4,990 3.21%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $440,000 $220,000 $5,245 3.19%
    MOBILE, AL (FHA|USDA|VA) 2 $440,000 $220,000 $5,866 3.25%
    COLUMBUS, GA-AL (FHA|USDA|VA) 2 $430,000 $215,000 $5,524 3.06%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $425,000 $425,000 $4,768 3.00%
    Somerset, PA (FHA|USDA|VA) 4 $420,000 $105,000 $4,905 3.25%
    Huntingdon, PA (FHA|USDA|VA) 4 $420,000 $105,000 $4,002 3.22%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $405,000 $405,000 $3,344 3.00%
    Cedartown, GA (FHA|USDA|VA) 1 $385,000 $385,000 $1,000 3.00%
    Cornelia, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,712 3.13%
    HAMMOND, LA (FHA|USDA|VA) 2 $370,000 $185,000 $9,179 3.19%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $360,000 $180,000 $3,704 2.63%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $355,000 $355,000 $1,771 2.25%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $340,000 $170,000 $5,971 3.63%
    GREENVILLE, NC (FHA|USDA|VA) 2 $330,000 $165,000 $3,205 3.56%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $325,000 $325,000 $9,693 3.63%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,757 3.13%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $305,000 $305,000 $3,399 3.13%
    Concord, NH (FHA|USDA|VA) 1 $305,000 $305,000 $3,674 2.25%
    Zanesville, OH (FHA|USDA|VA) 1 $295,000 $295,000 $4,286 3.25%
    Toccoa, GA (FHA|USDA|VA) 1 $295,000 $295,000 $3,754 3.25%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $290,000 $145,000 $3,270 3.63%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $285,000 $285,000 $5,187 3.50%
    Lake City, FL (FHA|USDA|VA) 1 $265,000 $265,000 $8,629 3.50%
    MIDLAND, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,562 2.75%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $255,000 $255,000 $6,524 3.00%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $255,000 $255,000 $5,750 3.25%
    MANHATTAN, KS (FHA|USDA|VA) 1 $245,000 $245,000 $11,098 2.50%
    Mount Vernon, OH (FHA|USDA|VA) 2 $240,000 $120,000 $5,498 4.63%
    CLEVELAND, TN (FHA|USDA|VA) 1 $235,000 $235,000 $5,522 3.13%
    Oxford, MS (FHA|USDA|VA) 1 $235,000 $235,000 $3,812 2.50%
    Fairmont, WV (FHA|USDA|VA) 2 $230,000 $115,000 $5,797 3.00%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $225,000 $225,000 $4,413 2.38%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $225,000 $225,000 $4,213 4.25%
    Picayune, MS (FHA|USDA|VA) 1 $225,000 $225,000 $6,322 2.75%
    St. Marys, GA (FHA|USDA|VA) 1 $225,000 $225,000 $389 3.25%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $4,219 2.75%
    BOISE CITY, ID (FHA|USDA|VA) 1 $215,000 $215,000 $2,372 2.75%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $215,000 $215,000 $4,752 3.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $200,000 $100,000 $2,861 3.06%
    DALTON, GA (FHA|USDA|VA) 1 $195,000 $195,000 $4,606 3.25%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,369 3.63%
    Greeneville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $7,529 3.25%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $185,000 $185,000 $7,323 3.88%
    Fort Payne, AL (FHA|USDA|VA) 1 $185,000 $185,000 $3,895 3.00%
    Enterprise, AL (FHA|USDA|VA) 1 $185,000 $185,000 $3,773 3.00%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,053 3.00%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $175,000 $175,000 $7,258 3.25%
    EspaƱola, NM (FHA|USDA|VA) 1 $175,000 $175,000 $5,850 3.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $4,537 3.25%
    Milledgeville, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,014 3.38%
    LONGVIEW, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,110 3.63%
    Coshocton, OH (FHA|USDA|VA) 1 $145,000 $145,000 $7,402 4.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $145,000 $145,000 $4,139 3.25%
    FLORENCE, SC (FHA|USDA|VA) 1 $145,000 $145,000 $4,837 2.88%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $135,000 $135,000 $4,358 3.13%
    Sunbury, PA (FHA|USDA|VA) 2 $130,000 $65,000 $4,219 2.63%
    Roswell, NM (FHA|USDA|VA) 1 $125,000 $125,000 $4,887 2.88%
    Cullman, AL (FHA|USDA|VA) 1 $125,000 $125,000 $5,872 3.63%
    Levelland, TX (FHA|USDA|VA) 2 $120,000 $60,000 $3,477 4.50%
    Corsicana, TX (FHA|USDA|VA) 2 $120,000 $60,000 $4,181 4.63%
    GADSDEN, AL (FHA|USDA|VA) 1 $115,000 $115,000 $2,605 3.25%
    Selinsgrove, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,880 3.13%
    Meadville, PA (FHA|USDA|VA) 1 $105,000 $105,000 $4,876 3.38%
    Georgetown, SC (FHA|USDA|VA) 1 $105,000 $105,000 $4,230 3.13%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $95,000 $95,000 $4,466 2.88%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,902 3.88%
    Pottsville, PA (FHA|USDA|VA) 1 $75,000 $75,000 $3,965 3.50%
    AKRON, OH (FHA|USDA|VA) 1 $75,000 $75,000 $4,740 4.13%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $75,000 $75,000 $5,156 3.63%
    Homespire Mortgage Corporation's top markets include Washington, Baltimore, Tampa, Atlanta, and Hagerstown among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Similar Lenders

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

    POINT BREEZE
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,265 $2,000,665,000 $319,340 $4,869 3.05%
    FHA 2,171 $628,675,000 $289,579 $9,957 3.18%
    VA 706 $267,340,000 $378,669 $7,351 2.81%
    USDA 219 $45,145,000 $206,142 $6,073 2.97%
    HELOC 1 $45,000 $45,000 n/a 5.75%

    For 2021, Homespire Mortgage Corporation's most frequently originated type of loan was Conventional, with 6,265 originations. Their 2nd most popular type was FHA, with 2,171 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 6,446 $2,071,180,000 $321,312 $6,812 3.09%
    Refi 2,852 $853,220,000 $299,165 $5,047 2.98%
    Home Improvement 64 $17,470,000 $272,969 $5,385 3.30%

    For 2021, Homespire Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 6,446 originations. The 2nd most popular reason was Refi, with 2,852 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,593 $2,755,685,000 $320,690 $6,461 3.09%
    15 Year 424 $107,710,000 $254,033 $4,185 2.54%
    20 Year 207 $52,435,000 $253,309 $4,377 2.92%
    Other 66 $17,720,000 $268,485 $4,794 2.96%
    10 Year 63 $8,235,000 $130,714 $2,220 3.51%
    5 Year 9 $85,000 $9,444 $0 0.00%

    For 2021, Homespire Mortgage Corporation's most frequently cited loan duration was 30 Year, with 8,593 originations. The 2nd most popular length was 15 Year, with 424 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 5,928 $1,937,850,000 $326,898
    $2k-3k 1,338 $381,460,000 $285,097
    $3k-4k 663 $190,735,000 $287,685
    $<1k 624 $142,320,000 $228,077
    $5k+ 460 $179,030,000 $389,196
    $4k-5k 348 $110,430,000 $317,328

    Homespire Mortgage Corporation's average total fees were $6,461, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,928 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 4,544 $1,353,570,000 $297,881
    2.5-3% 3,410 $1,157,040,000 $339,308
    <2.5% 1,138 $371,230,000 $326,213
    4-5% 243 $59,285,000 $243,971
    5-6% 24 $710,000 $29,583
    7-8% 3 $35,000 $11,667

    During 2021, Homespire Mortgage Corporation's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 3-4%, with 4,544 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,860 $1,414,460,000 $291,041 $6,525 3.12%
    $100k-200k 1,904 $301,560,000 $158,382 $4,941 3.16%
    $400k-600k 1,664 $798,410,000 $479,814 $7,396 2.99%
    $600k-1MM 476 $344,540,000 $723,824 $7,943 2.92%
    $100,000 or less 407 $18,465,000 $45,369 $2,085 2.42%
    $1MM+ 51 $64,435,000 $1,263,431 $11,547 2.84%

    2021 saw Homespire Mortgage Corporation place emphasis on $200k-400k loans with 4,860 originations, totaling $1,414,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,686 $681,780,000 $253,827 $6,417 3.08%
    $75k-100k 1,797 $561,825,000 $312,646 $6,714 3.11%
    $100k-150k 1,706 $627,290,000 $367,696 $6,406 3.07%
    $50k or less 1,485 $261,045,000 $175,788 $5,500 3.10%
    $150k-250k 1,088 $502,960,000 $462,279 $6,089 3.00%
    $250k+ 416 $236,580,000 $568,702 $6,147 2.92%

    Homespire Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 2,686 originations. The second most popular income band? $75k-100k, with 1,797 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,473 $487,205,000 $330,757 $5,355 2.99%
    30-36% 1,408 $443,420,000 $314,929 $5,596 3.06%
    50-60% 866 $269,850,000 $311,605 $9,903 3.06%
    44% 518 $156,660,000 $302,432 $6,290 3.12%
    <20% 435 $142,255,000 $327,023 $4,495 2.86%
    43% 433 $124,235,000 $286,917 $5,983 3.11%
    41% 397 $123,395,000 $310,819 $6,137 3.15%
    42% 394 $120,280,000 $305,279 $5,989 3.14%
    49% 366 $111,600,000 $304,918 $6,708 3.07%
    40% 350 $112,320,000 $320,914 $6,015 3.13%
    45% 349 $105,525,000 $302,364 $6,684 3.13%
    39% 346 $103,390,000 $298,815 $5,868 3.12%
    38% 334 $104,700,000 $313,473 $5,925 3.12%
    48% 306 $89,940,000 $293,922 $6,619 3.17%
    47% 305 $96,645,000 $316,869 $6,995 3.10%
    36% 301 $99,415,000 $330,282 $5,621 3.07%
    46% 299 $86,955,000 $290,819 $6,849 3.09%
    37% 290 $90,520,000 $312,138 $6,152 3.11%
    >60% 11 $3,845,000 $349,545 $6,090 2.67%

    Homespire Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 1,473 originations. The next most common DTI ratio? 30-36%, with 1,408 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,173 $1,902,395,000 $308,180 $6,169 3.07%
    Not provided 1,502 $496,270,000 $330,406 $6,070 3.01%
    Black 1,170 $347,090,000 $296,658 $7,175 3.11%
    Asian 457 $178,605,000 $390,821 $5,825 2.92%
    American Indian 46 $13,630,000 $296,304 $6,850 3.05%
    Native Hawaiian or Islander 13 $3,875,000 $298,077 $6,573 3.29%
    Not applicable 1 $5,000 $5,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.77%

    Homespire Mortgage Corporation 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
    81.32%

    Homespire Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 9,362 $2,941,870,000 $314,235

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    9,362 $2,941,870,000 $314,235

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 123 $22,625,000 $183,943 $3,717 2.83%
    40-60% 629 $176,435,000 $280,501 $4,317 2.87%
    60-80% 2,438 $775,320,000 $318,015 $5,075 3.12%
    80-100% 5,570 $1,817,980,000 $326,388 $7,063 3.13%
    Over 100% 212 $77,280,000 $364,528 $12,609 2.92%
    Under 20% 209 $2,515,000 $12,033 $145 1.67%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Homespire Mortgage Corp Conventional home mortgage Struggling to pay mortgage 1 100.0%