Longbridge Financial Mortgage Rates, Fees & Info

NEWARK, DE

LEI: 549300MHH03ICJYEPE85

Tax ID: 46-0530020

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Mortgage Data

Review & Overview

Longbridge Financial is a small mortgage company specializing in Refi and Cash Out Refi loans. They have a a high proportion of FHA loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, San Diego, San Francisco, Riverside, and Denver among others. We have data for 313 markets. (Some data included below & more in-depth data is available with an active subscription.)

Longbridge Financial 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.

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Originations

3,636

Origination Dollar Volume (All Markets)

$1,201,680,000

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 336 $176,090,000 $524,077 $0 3.27%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 156 $77,890,000 $499,295 $0 2.96%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 114 $69,490,000 $609,561 $0 3.58%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 160 $49,620,000 $310,125 $0 2.32%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 143 $49,585,000 $346,748 $0 2.27%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 162 $44,170,000 $272,654 $0 2.27%
ST. GEORGE, UT (FHA|USDA|VA) 139 $43,715,000 $314,496 $0 2.48%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 104 $41,120,000 $395,385 $0 2.67%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 103 $32,115,000 $311,796 $0 2.24%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 97 $28,995,000 $298,918 $0 2.64%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 71 $26,685,000 $375,845 $0 2.40%
SALT LAKE CITY, UT (FHA|USDA|VA) 83 $24,655,000 $297,048 $0 2.37%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 66 $23,730,000 $359,545 $0 2.45%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 90 $20,620,000 $229,111 $0 2.27%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 22 $18,380,000 $835,455 $0 4.10%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 33 $15,365,000 $465,606 $0 3.03%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 60 $15,360,000 $256,000 $0 2.45%
PROVO-OREM, UT (FHA|USDA|VA) 43 $14,275,000 $331,977 $0 2.60%
Outside of Metro Areas 70 $13,970,000 $199,571 $0 2.26%
BOISE CITY, ID (FHA|USDA|VA) 54 $13,430,000 $248,704 $0 2.22%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 28 $12,650,000 $451,786 $0 2.73%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 46 $12,400,000 $269,565 $0 2.64%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 36 $12,290,000 $341,389 $0 2.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 62 $11,420,000 $184,194 $0 2.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 47 $11,305,000 $240,532 $0 2.12%
COLORADO SPRINGS, CO (FHA|USDA|VA) 34 $10,350,000 $304,412 $0 2.27%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 33 $8,585,000 $260,152 $0 2.14%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 17 $8,455,000 $497,353 $0 2.65%
RENO, NV (FHA|USDA|VA) 26 $8,200,000 $315,385 $0 2.19%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 22 $7,870,000 $357,727 $0 2.54%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 35 $7,655,000 $218,714 $0 2.29%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $7,365,000 $350,714 $0 2.51%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 5 $7,225,000 $1,445,000 $0 3.56%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 41 $7,115,000 $173,537 $0 2.51%
Heber, UT (FHA|USDA|VA) 12 $6,320,000 $526,667 $0 2.94%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 18 $6,030,000 $335,000 $0 2.32%
Cedar City, UT (FHA|USDA|VA) 26 $6,010,000 $231,154 $0 2.46%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 25 $5,585,000 $223,400 $0 2.38%
Outside of Metro Areas 18 $5,550,000 $308,333 $0 2.53%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 23 $5,465,000 $237,609 $0 2.22%
BEND, OR (FHA|USDA|VA) 12 $5,160,000 $430,000 $0 2.47%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 18 $5,080,000 $282,222 $0 2.10%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 30 $4,880,000 $162,667 $0 2.20%
Truckee-Grass Valley, CA (FHA|USDA|VA) 10 $4,820,000 $482,000 $0 2.91%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $4,400,000 $275,000 $0 2.47%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $4,040,000 $673,333 $0 5.13%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 19 $4,035,000 $212,368 $0 2.42%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 21 $3,895,000 $185,476 $0 2.21%
FORT COLLINS, CO (FHA|USDA|VA) 11 $3,865,000 $351,364 $0 2.42%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 11 $3,845,000 $349,545 $0 2.30%
VALLEJO, CA (FHA|USDA|VA) 10 $3,800,000 $380,000 $0 2.12%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 10 $3,690,000 $369,000 $0 2.53%
BOULDER, CO (FHA|USDA|VA) 6 $3,580,000 $596,667 $0 3.07%
SALEM, OR (FHA|USDA|VA) 14 $3,510,000 $250,714 $0 2.37%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $3,500,000 $250,000 $0 2.17%
SALINAS, CA (FHA|USDA|VA) 5 $3,475,000 $695,000 $0 2.49%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 15 $3,425,000 $228,333 $0 2.52%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 14 $3,330,000 $237,857 $0 2.65%
STOCKTON, CA (FHA|USDA|VA) 11 $3,305,000 $300,455 $0 1.96%
MODESTO, CA (FHA|USDA|VA) 13 $3,295,000 $253,462 $0 2.21%
RICHMOND, VA (FHA|USDA|VA) 15 $2,935,000 $195,667 $0 2.48%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 14 $2,900,000 $207,143 $0 2.32%
BELLINGHAM, WA (FHA|USDA|VA) 7 $2,885,000 $412,143 $0 1.95%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 12 $2,880,000 $240,000 $0 2.43%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 12 $2,870,000 $239,167 $0 2.18%
NAPA, CA (FHA|USDA|VA) 7 $2,865,000 $409,286 $0 2.23%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 5 $2,825,000 $565,000 $0 2.63%
Oak Harbor, WA (FHA|USDA|VA) 8 $2,780,000 $347,500 $0 2.15%
PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $2,665,000 $242,273 $0 2.16%
TUCSON, AZ (FHA|USDA|VA) 11 $2,655,000 $241,364 $0 2.64%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,565,000 $285,000 $0 2.57%
JACKSONVILLE, FL (FHA|USDA|VA) 11 $2,555,000 $232,273 $0 2.38%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 11 $2,465,000 $224,091 $0 2.76%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $2,445,000 $349,286 $0 2.09%
REDDING, CA (FHA|USDA|VA) 11 $2,335,000 $212,273 $0 2.44%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $1,915,000 $383,000 $0 2.14%
LOGAN, UT-ID (FHA|USDA|VA) 7 $1,845,000 $263,571 $0 2.11%
GREELEY, CO (FHA|USDA|VA) 7 $1,825,000 $260,714 $0 2.39%
MEDFORD, OR (FHA|USDA|VA) 7 $1,785,000 $255,000 $0 2.09%
COLUMBUS, OH (FHA|USDA|VA) 8 $1,770,000 $221,250 $0 2.27%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,710,000 $285,000 $0 3.78%
KNOXVILLE, TN (FHA|USDA|VA) 7 $1,695,000 $242,143 $0 2.26%
ALBANY-LEBANON, OR (FHA|USDA|VA) 8 $1,670,000 $208,750 $0 2.23%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,640,000 $273,333 $0 2.82%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,615,000 $323,000 $0 1.94%
COLUMBIA, SC (FHA|USDA|VA) 8 $1,610,000 $201,250 $0 2.18%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $1,600,000 $400,000 $0 3.35%
Port Angeles, WA (FHA|USDA|VA) 6 $1,560,000 $260,000 $0 2.14%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,535,000 $219,286 $0 2.21%
Kalispell, MT (FHA|USDA|VA) 4 $1,510,000 $377,500 $0 1.87%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 7 $1,495,000 $213,571 $0 2.08%
PUNTA GORDA, FL (FHA|USDA|VA) 7 $1,455,000 $207,857 $0 2.00%
Gardnerville Ranchos, NV (FHA|USDA|VA) 5 $1,405,000 $281,000 $0 2.26%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,385,000 $197,857 $0 2.48%
Show Low, AZ (FHA|USDA|VA) 5 $1,385,000 $277,000 $0 2.62%
Edwards, CO (FHA|USDA|VA) 2 $1,370,000 $685,000 $0 6.81%
OCALA, FL (FHA|USDA|VA) 9 $1,345,000 $149,444 $0 2.24%
Alexander City, AL (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $0 6.88%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,245,000 $249,000 $0 2.23%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,230,000 $205,000 $0 2.38%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,220,000 $610,000 $0 3.52%
BAKERSFIELD, CA (FHA|USDA|VA) 5 $1,195,000 $239,000 $0 2.26%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,180,000 $196,667 $0 2.25%
Traverse City, MI (FHA|USDA|VA) 4 $1,180,000 $295,000 $0 2.29%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 6 $1,150,000 $191,667 $0 2.45%
Durango, CO (FHA|USDA|VA) 3 $1,135,000 $378,333 $0 1.82%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,110,000 $277,500 $0 2.21%
GRAND JUNCTION, CO (FHA|USDA|VA) 4 $1,080,000 $270,000 $0 2.18%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $1,045,000 $209,000 $0 2.13%
PUEBLO, CO (FHA|USDA|VA) 5 $1,035,000 $207,000 $0 3.20%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $1,035,000 $345,000 $0 1.95%
LONGVIEW, WA (FHA|USDA|VA) 5 $1,005,000 $201,000 $0 2.07%
Newport, OR (FHA|USDA|VA) 3 $1,005,000 $335,000 $0 2.04%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $950,000 $118,750 $0 2.54%
VISALIA, CA (FHA|USDA|VA) 3 $945,000 $315,000 $0 2.12%
Hailey, ID (FHA|USDA|VA) 1 $935,000 $935,000 $0 6.49%
Fernley, NV (FHA|USDA|VA) 4 $930,000 $232,500 $0 3.20%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $925,000 $308,333 $0 2.36%
MERCED, CA (FHA|USDA|VA) 4 $890,000 $222,500 $0 2.03%
Vineyard Haven, MA (FHA|USDA|VA) 2 $850,000 $425,000 $0 2.65%
SPRINGFIELD, MA (FHA|USDA|VA) 5 $845,000 $169,000 $0 2.35%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 5 $825,000 $165,000 $0 2.65%
Aberdeen, WA (FHA|USDA|VA) 4 $820,000 $205,000 $0 2.35%
ALBUQUERQUE, NM (FHA|USDA|VA) 4 $810,000 $202,500 $0 1.97%
WENATCHEE, WA (FHA|USDA|VA) 3 $795,000 $265,000 $0 2.09%
TWIN FALLS, ID (FHA|USDA|VA) 4 $790,000 $197,500 $0 2.23%
FRESNO, CA (FHA|USDA|VA) 4 $760,000 $190,000 $0 2.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $760,000 $126,667 $0 2.43%
CHICO, CA (FHA|USDA|VA) 3 $755,000 $251,667 $0 2.84%
PITTSBURGH, PA (FHA|USDA|VA) 4 $730,000 $182,500 $0 2.45%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $725,000 $725,000 $0 5.17%
Clearlake, CA (FHA|USDA|VA) 3 $715,000 $238,333 $0 2.28%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $705,000 $235,000 $0 2.10%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $700,000 $350,000 $0 1.96%
Astoria, OR (FHA|USDA|VA) 2 $700,000 $350,000 $0 2.76%
Sandpoint, ID (FHA|USDA|VA) 2 $670,000 $335,000 $0 2.56%
ASHEVILLE, NC (FHA|USDA|VA) 2 $660,000 $330,000 $0 1.75%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $655,000 $218,333 $0 2.40%
SAVANNAH, GA (FHA|USDA|VA) 2 $640,000 $320,000 $0 1.98%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $635,000 $211,667 $0 3.22%
MORRISTOWN, TN (FHA|USDA|VA) 2 $630,000 $315,000 $0 1.97%
Prineville, OR (FHA|USDA|VA) 2 $620,000 $310,000 $0 2.08%
AKRON, OH (FHA|USDA|VA) 5 $585,000 $117,000 $0 2.37%
Lebanon, NH-VT (FHA|USDA|VA) 3 $585,000 $195,000 $0 2.31%
YAKIMA, WA (FHA|USDA|VA) 3 $565,000 $188,333 $0 2.15%
Payson, AZ (FHA|USDA|VA) 3 $555,000 $185,000 $0 2.08%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $535,000 $535,000 $0 5.26%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $490,000 $245,000 $0 1.91%
Georgetown, SC (FHA|USDA|VA) 1 $485,000 $485,000 $0 3.56%
CARSON CITY, NV (FHA|USDA|VA) 2 $470,000 $235,000 $0 2.29%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $470,000 $235,000 $0 1.96%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $460,000 $230,000 $0 1.82%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $455,000 $151,667 $0 2.37%
Breckenridge, CO (FHA|USDA|VA) 1 $455,000 $455,000 $0 2.43%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $450,000 $112,500 $0 2.49%
LUBBOCK, TX (FHA|USDA|VA) 2 $450,000 $225,000 $0 1.69%
Ruidoso, NM (FHA|USDA|VA) 1 $445,000 $445,000 $0 1.56%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $440,000 $220,000 $0 2.02%
ROANOKE, VA (FHA|USDA|VA) 3 $435,000 $145,000 $0 2.42%
Pahrump, NV (FHA|USDA|VA) 3 $435,000 $145,000 $0 2.41%
FARMINGTON, NM (FHA|USDA|VA) 2 $430,000 $215,000 $0 1.85%
TULSA, OK (FHA|USDA|VA) 2 $430,000 $215,000 $0 2.55%
Shelton, WA (FHA|USDA|VA) 2 $420,000 $210,000 $0 2.59%
SANTA FE, NM (FHA|USDA|VA) 2 $410,000 $205,000 $0 2.68%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $400,000 $200,000 $0 2.24%
Ontario, OR-ID (FHA|USDA|VA) 2 $390,000 $195,000 $0 2.69%
MUSKEGON, MI (FHA|USDA|VA) 2 $380,000 $190,000 $0 2.03%
MADERA, CA (FHA|USDA|VA) 2 $380,000 $190,000 $0 2.56%
ANN ARBOR, MI (FHA|USDA|VA) 2 $380,000 $190,000 $0 1.89%
Burley, ID (FHA|USDA|VA) 2 $370,000 $185,000 $0 2.38%
WACO, TX (FHA|USDA|VA) 2 $370,000 $185,000 $0 1.84%
Sturgis, MI (FHA|USDA|VA) 1 $365,000 $365,000 $0 1.57%
Riverton, WY (FHA|USDA|VA) 1 $355,000 $355,000 $0 1.95%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $350,000 $175,000 $0 3.23%
WILMINGTON, NC (FHA|USDA|VA) 2 $350,000 $175,000 $0 2.09%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $350,000 $175,000 $0 2.83%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $345,000 $345,000 $0 2.05%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $345,000 $345,000 $0 1.78%
Murray, KY (FHA|USDA|VA) 1 $335,000 $335,000 $0 1.66%
PITTSFIELD, MA (FHA|USDA|VA) 1 $335,000 $335,000 $0 1.40%
Elko, NV (FHA|USDA|VA) 2 $330,000 $165,000 $0 2.27%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $330,000 $165,000 $0 2.59%
Muskogee, OK (FHA|USDA|VA) 2 $330,000 $165,000 $0 1.94%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 3 $325,000 $108,333 $0 2.44%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $325,000 $108,333 $0 2.61%
YUBA CITY, CA (FHA|USDA|VA) 2 $320,000 $160,000 $0 2.10%
COLUMBIA, MO (FHA|USDA|VA) 3 $315,000 $105,000 $0 2.21%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $315,000 $315,000 $0 1.85%
Vernal, UT (FHA|USDA|VA) 2 $310,000 $155,000 $0 2.26%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $310,000 $155,000 $0 1.95%
Athens, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 1.82%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $300,000 $150,000 $0 2.49%
SPARTANBURG, SC (FHA|USDA|VA) 2 $300,000 $150,000 $0 2.07%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $295,000 $295,000 $0 2.18%
LANCASTER, PA (FHA|USDA|VA) 2 $290,000 $145,000 $0 2.32%
LEWISTON, ID-WA (FHA|USDA|VA) 2 $290,000 $145,000 $0 2.27%
Warsaw, IN (FHA|USDA|VA) 1 $285,000 $285,000 $0 1.55%
Mountain Home, ID (FHA|USDA|VA) 2 $280,000 $140,000 $0 2.28%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $280,000 $140,000 $0 3.11%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $280,000 $140,000 $0 2.43%
CORVALLIS, OR (FHA|USDA|VA) 1 $275,000 $275,000 $0 1.70%
Ukiah, CA (FHA|USDA|VA) 1 $275,000 $275,000 $0 2.33%
Montrose, CO (FHA|USDA|VA) 2 $270,000 $135,000 $0 2.17%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $270,000 $135,000 $0 2.38%
LAS CRUCES, NM (FHA|USDA|VA) 2 $270,000 $135,000 $0 2.16%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $265,000 $88,333 $0 2.70%
ST. CLOUD, MN (FHA|USDA|VA) 1 $265,000 $265,000 $0 2.29%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $265,000 $265,000 $0 2.22%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.02%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $250,000 $125,000 $0 2.42%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $0 1.76%
POCATELLO, ID (FHA|USDA|VA) 1 $245,000 $245,000 $0 1.68%
Coos Bay, OR (FHA|USDA|VA) 1 $245,000 $245,000 $0 2.58%
Palestine, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 1.48%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $0 2.55%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $235,000 $235,000 $0 1.89%
GRANTS PASS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $0 2.10%
Richmond, IN (FHA|USDA|VA) 1 $235,000 $235,000 $0 2.33%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $230,000 $115,000 $0 3.19%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $230,000 $115,000 $0 2.59%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $230,000 $115,000 $0 2.39%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $225,000 $225,000 $0 1.62%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 1.79%
Bozeman, MT (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.18%
SUMTER, SC (FHA|USDA|VA) 1 $215,000 $215,000 $0 1.79%
Seneca, SC (FHA|USDA|VA) 1 $215,000 $215,000 $0 2.12%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $205,000 $205,000 $0 2.09%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $205,000 $205,000 $0 1.99%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $205,000 $205,000 $0 2.18%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $200,000 $100,000 $0 2.29%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $200,000 $100,000 $0 2.55%
Granbury, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 1.87%
Albertville, AL (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.09%
Shelbyville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $0 1.97%
Meridian, MS (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.20%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.04%
Sonora, CA (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.56%
Forest City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.38%
ENID, OK (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.31%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $165,000 $165,000 $0 1.89%
Paris, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.31%
READING, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.08%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.33%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.05%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $155,000 $155,000 $0 1.84%
Statesboro, GA (FHA|USDA|VA) 1 $155,000 $155,000 $0 1.81%
Price, UT (FHA|USDA|VA) 1 $155,000 $155,000 $0 2.07%
Cadillac, MI (FHA|USDA|VA) 1 $155,000 $155,000 $0 1.99%
DECATUR, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 2.12%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.00%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $145,000 $145,000 $0 1.89%
MANKATO, MN (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.15%
AMARILLO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 2.24%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 2.24%
DOTHAN, AL (FHA|USDA|VA) 1 $145,000 $145,000 $0 1.99%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $145,000 $145,000 $0 1.95%
MONROE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.56%
MOBILE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.40%
Rexburg, ID (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.03%
GETTYSBURG, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.43%
GAINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.43%
GAINESVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.00%
Sevierville, TN (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.86%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.07%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.83%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.49%
Moses Lake, WA (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.47%
Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.55%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 1.55%
THE VILLAGES, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.05%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.68%
Mitchell, SD (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.42%
Keene, NH (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.57%
Pearsall, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 1.90%
Austin, MN (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.33%
Searcy, AR (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.56%
MONTGOMERY, AL (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.49%
LAWTON, OK (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.45%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.49%
Brainerd, MN (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.70%
Bennington, VT (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.57%
ODESSA, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.55%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.08%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.36%
Malvern, AR (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.82%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $95,000 $95,000 $0 3.56%
Russellville, AR (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.12%
Big Rapids, MI (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.56%
McAlester, OK (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.36%
BATON ROUGE, LA (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.56%
GREAT FALLS, MT (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.46%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.80%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.69%
LAFAYETTE, LA (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.62%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.44%
WICHITA, KS (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.57%
JACKSON, MI (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.24%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.50%
Newberry, SC (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.45%
NILES, MI (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.82%
HINESVILLE, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.19%
Fremont, OH (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.70%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.58%
Greensburg, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.97%
ROCHESTER, NY (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.73%
Dayton, TN (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.30%
Marion, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.59%
ERIE, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.68%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.51%
PEORIA, IL (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.62%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.40%
Spirit Lake, IA (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.79%
Columbus, MS (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.69%
Longbridge Financial's top markets include Los Angeles, San Diego, San Francisco, Riverside, and Denver among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    FHA 3,029 $864,295,000 $285,340 $0 2.14%
    FHA 317 $97,555,000 $307,744 $0 3.29%
    Reverse Mortgage 171 $133,915,000 $783,129 $0 6.63%
    HELOC 119 $105,915,000 $890,042 n/a 5.27%

    For 2021, Longbridge Financial's most frequently originated type of loan was FHA, with 3,029 originations. Their 2nd most popular type was FHA, with 317 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,265 $708,985,000 $313,018 $0 2.28%
    Cash Out Refi 904 $345,890,000 $382,622 $0 3.12%
    Other 338 $113,330,000 $335,296 $0 2.72%
    Home Purchase 122 $30,690,000 $251,557 $0 2.98%
    Home Improvement 7 $2,785,000 $397,857 $0 2.86%

    For 2021, Longbridge Financial's most frequently cited loan purpose was Refi, with 2,265 originations. The 2nd most popular reason was Cash Out Refi, with 904 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 3,636 $1,201,680,000 $330,495 $0 2.55%

    For 2021, Longbridge Financial's most frequently cited loan duration was Other, with 3,636 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 2,533 $750,995,000 $296,484
    2.5-3% 443 $102,025,000 $230,305
    3-4% 369 $108,685,000 $294,539
    5-6% 131 $110,715,000 $845,153
    6-7% 101 $80,565,000 $797,673
    7-8% 32 $23,680,000 $740,000
    4-5% 23 $22,055,000 $958,913
    % 4 $2,960,000 $740,000

    During 2021, Longbridge Financial's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was <2.5%, with 2,533 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,735 $498,085,000 $287,081 $0 2.30%
    $100k-200k 802 $126,390,000 $157,594 $0 2.36%
    $400k-600k 773 $361,445,000 $467,587 $0 2.42%
    $600k-1MM 139 $106,375,000 $765,288 $0 5.90%
    $100,000 or less 119 $9,615,000 $80,798 $0 2.59%
    $1MM+ 68 $99,770,000 $1,467,206 $0 5.95%

    2021 saw Longbridge Financial place emphasis on $200k-400k loans with 1,735 originations, totaling $498,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 2,936 $879,350,000 $299,506 $0 2.44%
    $50k-75k 495 $204,575,000 $413,283 $0 2.92%
    $75k-100k 110 $63,340,000 $575,818 $0 3.23%
    $100k-150k 77 $42,095,000 $546,688 $0 3.28%
    $150k-250k 18 $12,320,000 $684,444 $0 3.38%

    Longbridge Financial lent most frequently to those with incomes in the $50k or less range, with 2,936 originations. The second most popular income band? $50k-75k, with 495 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,285 $1,081,545,000 $329,237 $0 2.54%
    Black 225 $67,175,000 $298,556 $0 2.56%
    Asian 52 $25,230,000 $485,192 $0 3.12%
    Not provided 51 $21,285,000 $417,353 $0 2.71%
    American Indian 18 $4,620,000 $256,667 $0 2.10%
    Native Hawaiian or Islander 3 $825,000 $275,000 $0 2.36%
    Filipino 1 $515,000 $515,000 $0 2.02%
    Other Pacific Islander 1 $485,000 $485,000 $0 2.16%

    Approval Rates

    Total approvals of all applications
    95.70%

    Longbridge Financial 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
    80.12%

    Longbridge Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,636 $1,201,680,000 $330,495

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,636 $1,201,680,000 $330,495

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 63 $35,675,000 $566,270 $0 2.53%
    40-60% 2,582 $822,040,000 $318,373 $0 2.60%
    60-80% 985 $341,035,000 $346,228 $0 2.44%
    Under 20% 6 $2,930,000 $488,333 $0 2.34%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Longbridge Financial, LLC Reverse mortgage Applying for a mortgage or refinancing an existing mortgage 5 50.0%
    Longbridge Financial, LLC Reverse mortgage Trouble during payment process 4 40.0%
    Longbridge Financial, LLC Reverse mortgage Closing on a mortgage 1 10.0%