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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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 include Washington, Baltimore, Tampa, Atlanta, and Hagerstown among others. Homespire Mortgage Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Homespire Mortgage Corporation is typically a high fee lendor.


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 rate mortgage of loans were 3.09%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.06%.

Relative Fees

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

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

Top Markets

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,266 $2,000,710,000 $319,296 $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%

For the 2021 period, Homespire Mortgage Corporation's most frequently originated loan type of loans were Conventional, with 6,266 originations. Their 2nd most popular type is FHA, with 2,171 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, Homespire Mortgage Corporation's most frequently cited loan purpose of loans were Home Purchase, with 6,446 originations. The 2nd most popular reason of loans were 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 the 2021, Homespire Mortgage Corporation's most frequently cited loan length of loans were 30 Year, with 8,593 originations. The 2nd most popular length of loans were 15 Year, with 424 originations.

Origination Fees

Origination Fee 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 1,011 $301,165,000 $297,888
$<1k 624 $142,320,000 $228,077
$5k+ 460 $179,030,000 $389,196

$6,461 of loans were Homespire Mortgage Corporation's average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.09%, while their most frequently originated rate bucket of loans were 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 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
96.31%

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
80.04%

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%