Longbridge Financial Mortgage Rates, Fees & Info
NEWARK, DELEI: 549300MHH03ICJYEPE85
Tax ID: 46-0530020
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Mortgage Data
Review & Overview
Longbridge Financial is a smaller 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 Jose, San Francisco, and Boston among others. We have data for 198 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
626Origination Dollar Volume (All Markets)
$121,050,000Top 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) | 26 | $9,400,000 | $361,538 | $0 | 5.06% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 32 | $9,390,000 | $293,438 | $0 | 4.67% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 11 | $7,265,000 | $660,455 | $0 | 6.17% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 16 | $6,180,000 | $386,250 | $0 | 5.31% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 17 | $4,425,000 | $260,294 | $0 | 4.56% |
| Outside of Metro Areas | 35 | $4,095,000 | $117,000 | $0 | 4.55% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 19 | $4,015,000 | $211,316 | $0 | 4.38% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 17 | $3,385,000 | $199,118 | $0 | 4.71% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 11 | $2,765,000 | $251,364 | $0 | 4.74% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 10 | $2,600,000 | $260,000 | $0 | 4.28% |
| ST. GEORGE, UT (FHA|USDA|VA) | 14 | $2,570,000 | $183,571 | $0 | 4.54% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 23 | $2,545,000 | $110,652 | $0 | 4.49% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 13 | $2,255,000 | $173,462 | $0 | 4.54% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,930,000 | $482,500 | $0 | 5.40% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 9 | $1,665,000 | $185,000 | $0 | 4.21% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $0 | 5.31% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $0 | 4.45% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 9 | $1,295,000 | $143,889 | $0 | 4.64% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $1,245,000 | $138,333 | $0 | 4.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $1,155,000 | $165,000 | $0 | 4.47% |
| Outside of Metro Areas | 7 | $1,155,000 | $165,000 | $0 | 5.14% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 7 | $1,135,000 | $162,143 | $0 | 5.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $0 | 4.77% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $1,080,000 | $270,000 | $0 | 4.57% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $990,000 | $165,000 | $0 | 4.54% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $0 | 4.38% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $0 | 4.35% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 4.41% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $830,000 | $138,333 | $0 | 4.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $0 | 4.53% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $0 | 4.62% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $0 | 4.41% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 6 | $730,000 | $121,667 | $0 | 4.15% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $0 | 4.61% |
| Vineyard Haven, MA (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 4.60% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 4.63% |
| Port Angeles, WA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 4.91% |
| BOISE CITY, ID (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $0 | 4.59% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 4.42% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 4.42% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 4.63% |
| BOULDER, CO (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 4.27% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 4.77% |
| Cedar City, UT (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 4.49% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 4.47% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 4.89% |
| Ashtabula, OH (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $0 | 4.59% |
| GREELEY, CO (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 4.29% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 3.93% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $0 | 4.49% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 4.62% |
| CHICO, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 5.35% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 5.13% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 4.42% |
| BEND, OR (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 4.40% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 4.79% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 4.10% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 4.67% |
| PITTSBURGH, PA (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $0 | 4.55% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 4.16% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 4.70% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $0 | 4.90% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 4.34% |
| RENO, NV (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 4.14% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 4.57% |
| MADISON, WI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 4.13% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 4.60% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 4.71% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $0 | 4.62% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $0 | 4.93% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $0 | 4.26% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 4.44% |
| Edwards, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 3.78% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 3.90% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 4.50% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 4.19% |
| Willmar, MN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 4.16% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 3.90% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $0 | 4.50% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 3.89% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 5.32% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 7.13% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 4.35% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 4.19% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 5.72% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 4.71% |
| MERCED, CA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 4.33% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 5.10% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 4.51% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 4.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 4.60% |
| Barre, VT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 3.79% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 4.03% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 3.98% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 4.37% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 4.70% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 4.41% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 4.66% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 4.39% |
| Seneca, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 5.27% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 4.28% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 4.19% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 4.10% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 4.18% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 4.70% |
| Sturgis, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.28% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.67% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 4.39% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.07% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.20% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 4.12% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 7.13% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.00% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.09% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.91% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.19% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 4.76% |
| NILES, MI (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 4.70% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 4.21% |
| Ruston, LA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.96% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 4.87% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.66% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.52% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.63% |
| DULUTH, MN-WI (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 4.50% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.07% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.26% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.35% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.84% |
| Concord, NH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.31% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.08% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.97% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.25% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.86% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.15% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.15% |
| DOVER, DE (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.95% |
| Forest City, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.30% |
| REDDING, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.62% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.91% |
| Laconia, NH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.94% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.08% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.47% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.04% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.04% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.69% |
| MONROE, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.33% |
| Silver City, NM (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.53% |
| SALEM, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.15% |
| Laurel, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.58% |
| Worthington, MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.25% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.08% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.93% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.91% |
| Wooster, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.88% |
| TULSA, OK (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 4.77% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.69% |
| READING, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.67% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.28% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.28% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.37% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.40% |
| AKRON, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.65% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.65% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.87% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.41% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.28% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.14% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.34% |
| Fernley, NV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.62% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.66% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.66% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.74% |
| Lake City, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.89% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.54% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.94% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.55% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.78% |
| West Point, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.77% |
| Angola, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.63% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.32% |
| Durant, OK (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.62% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.72% |
| FLINT, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.44% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.44% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.47% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.52% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.40% |
| Connersville, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.64% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.04% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.49% |
| TYLER, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.75% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.62% |
| New Castle, IN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.76% |
| Ponca City, OK (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.93% |
| Greenville, MS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.51% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.69% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| FHA | 565 | $99,445,000 | $176,009 | $0 | 4.53% |
| FHA | 38 | $6,880,000 | $181,053 | $0 | 4.63% |
| Reverse Mortgage | 23 | $14,725,000 | $640,217 | $0 | 6.91% |
For 2018, Longbridge Financial's most frequently originated type of loan was FHA, with 565 originations. Their 2nd most popular type was FHA, with 38 originations.
Loan Reason
For 2018, Longbridge Financial's most frequently cited loan purpose was Refi, with 326 originations. The 2nd most popular reason was Cash Out Refi, with 222 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 626 | $121,050,000 | $193,371 | $0 | 4.62% |
For 2018, Longbridge Financial's most frequently cited loan duration was Other, with 626 originations.
Interest Rates
During 2018, Longbridge Financial's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 426 originations.
Loan Sizing
2018 saw Longbridge Financial place emphasis on $100k-200k loans with 224 originations, totaling $32,180,000 in origination value.
Applicant Income
Longbridge Financial lent most frequently to those with incomes in the $50k or less range, with 530 originations. The second most popular income band? $50k-75k, with 57 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.32%
Longbridge Financial has an average approval rate.
Pick Rate
Approvals leading to origination68.69%
Longbridge Financial has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 626 | $121,050,000 | $193,371 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 13 | $1,355,000 | $104,231 |
| Single Family (1-4 Units):Site-Built | 613 | $119,695,000 | $195,261 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Longbridge Financial, LLC | Reverse mortgage | Trouble during payment process | 1 | 100.0% |