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 a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, San Francisco, San Diego, St. George, and Denver among others. We have data for 274 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.
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.
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Originations
1,999Origination Dollar Volume (All Markets)
$572,755,000Top 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) | 160 | $74,900,000 | $468,125 | $0 | 3.50% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 68 | $50,160,000 | $737,647 | $0 | 4.25% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 87 | $36,245,000 | $416,609 | $0 | 3.01% |
| ST. GEORGE, UT (FHA|USDA|VA) | 96 | $22,330,000 | $232,604 | $0 | 2.91% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 72 | $21,010,000 | $291,806 | $0 | 2.80% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 63 | $17,265,000 | $274,048 | $0 | 2.90% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 54 | $16,250,000 | $300,926 | $0 | 3.11% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 46 | $13,550,000 | $294,565 | $0 | 3.03% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 52 | $13,220,000 | $254,231 | $0 | 3.09% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 36 | $11,140,000 | $309,444 | $0 | 3.22% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 45 | $10,545,000 | $234,333 | $0 | 2.65% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 36 | $10,250,000 | $284,722 | $0 | 3.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 40 | $10,020,000 | $250,500 | $0 | 2.79% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 44 | $9,980,000 | $226,818 | $0 | 2.80% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 27 | $9,635,000 | $356,852 | $0 | 2.78% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 13 | $9,125,000 | $701,923 | $0 | 3.71% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 29 | $8,615,000 | $297,069 | $0 | 2.66% |
| Outside of Metro Areas | 47 | $8,345,000 | $177,553 | $0 | 2.94% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 24 | $6,230,000 | $259,583 | $0 | 3.07% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 26 | $5,610,000 | $215,769 | $0 | 2.80% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 14 | $5,480,000 | $391,429 | $0 | 2.58% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 31 | $5,445,000 | $175,645 | $0 | 2.84% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 18 | $5,380,000 | $298,889 | $0 | 2.93% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 22 | $5,120,000 | $232,727 | $0 | 2.97% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 28 | $5,000,000 | $178,571 | $0 | 2.75% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 11 | $4,535,000 | $412,273 | $0 | 3.49% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 24 | $4,360,000 | $181,667 | $0 | 3.01% |
| Outside of Metro Areas | 15 | $3,985,000 | $265,667 | $0 | 3.17% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 21 | $3,625,000 | $172,619 | $0 | 2.93% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 18 | $3,620,000 | $201,111 | $0 | 3.13% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 18 | $3,610,000 | $200,556 | $0 | 2.85% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 6 | $3,430,000 | $571,667 | $0 | 5.10% |
| BOISE CITY, ID (FHA|USDA|VA) | 17 | $3,425,000 | $201,471 | $0 | 2.92% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 11 | $3,315,000 | $301,364 | $0 | 2.65% |
| RENO, NV (FHA|USDA|VA) | 13 | $3,275,000 | $251,923 | $0 | 2.86% |
| Cedar City, UT (FHA|USDA|VA) | 15 | $3,225,000 | $215,000 | $0 | 2.88% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 10 | $3,220,000 | $322,000 | $0 | 2.49% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 15 | $3,105,000 | $207,000 | $0 | 2.78% |
| FORT COLLINS, CO (FHA|USDA|VA) | 10 | $2,960,000 | $296,000 | $0 | 2.83% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 10 | $2,960,000 | $296,000 | $0 | 2.98% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 14 | $2,920,000 | $208,571 | $0 | 3.01% |
| PROVO-OREM, UT (FHA|USDA|VA) | 11 | $2,825,000 | $256,818 | $0 | 2.69% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 13 | $2,695,000 | $207,308 | $0 | 2.91% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 14 | $2,530,000 | $180,714 | $0 | 2.83% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $2,465,000 | $493,000 | $0 | 4.19% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 13 | $2,435,000 | $187,308 | $0 | 2.80% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 6 | $2,300,000 | $383,333 | $0 | 2.66% |
| BOULDER, CO (FHA|USDA|VA) | 5 | $2,265,000 | $453,000 | $0 | 3.75% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 12 | $2,250,000 | $187,500 | $0 | 3.03% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 12 | $2,190,000 | $182,500 | $0 | 2.92% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 7 | $2,045,000 | $292,143 | $0 | 3.18% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $1,990,000 | $995,000 | $0 | 5.32% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 14 | $1,980,000 | $141,429 | $0 | 2.89% |
| COLUMBUS, OH (FHA|USDA|VA) | 10 | $1,980,000 | $198,000 | $0 | 2.99% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,975,000 | $658,333 | $0 | 5.19% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $0 | 3.35% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 4 | $1,850,000 | $462,500 | $0 | 3.81% |
| THE VILLAGES, FL (FHA|USDA|VA) | 9 | $1,795,000 | $199,444 | $0 | 2.69% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 6 | $1,750,000 | $291,667 | $0 | 3.28% |
| SALEM, OR (FHA|USDA|VA) | 9 | $1,615,000 | $179,444 | $0 | 3.03% |
| Oak Harbor, WA (FHA|USDA|VA) | 6 | $1,470,000 | $245,000 | $0 | 2.66% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 5 | $1,455,000 | $291,000 | $0 | 3.79% |
| STOCKTON, CA (FHA|USDA|VA) | 6 | $1,410,000 | $235,000 | $0 | 2.68% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $1,400,000 | $233,333 | $0 | 2.58% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $1,375,000 | $196,429 | $0 | 3.06% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 8 | $1,330,000 | $166,250 | $0 | 3.07% |
| Port Angeles, WA (FHA|USDA|VA) | 6 | $1,270,000 | $211,667 | $0 | 2.68% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,250,000 | $208,333 | $0 | 3.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $0 | 2.58% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $0 | 4.20% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $0 | 3.52% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $0 | 4.46% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 7 | $1,085,000 | $155,000 | $0 | 3.05% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $0 | 2.99% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $1,025,000 | $146,429 | $0 | 3.04% |
| Kalispell, MT (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $0 | 2.86% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 7 | $985,000 | $140,714 | $0 | 2.97% |
| Heber, UT (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $0 | 5.15% |
| Torrington, CT (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $0 | 4.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 6 | $950,000 | $158,333 | $0 | 3.12% |
| VALLEJO, CA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $0 | 2.48% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $0 | 2.53% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $0 | 2.91% |
| Traverse City, MI (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $0 | 2.84% |
| Shelton, WA (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $0 | 2.78% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 3.06% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 5 | $825,000 | $165,000 | $0 | 2.94% |
| Vineyard Haven, MA (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $0 | 3.38% |
| GREELEY, CO (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $0 | 3.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $0 | 2.96% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $0 | 2.53% |
| BATON ROUGE, LA (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $0 | 2.74% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $0 | 2.79% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $765,000 | $153,000 | $0 | 2.91% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $0 | 3.00% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 2.90% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $0 | 2.96% |
| OCALA, FL (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $0 | 2.89% |
| Brookings, OR (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 2.14% |
| Durango, CO (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 2.54% |
| BEND, OR (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 2.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $0 | 3.18% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 2.63% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $0 | 2.76% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 4.98% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 6.63% |
| LOGAN, UT-ID (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 2.83% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 2.86% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $0 | 2.81% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 6.20% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 3.01% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 6.99% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $0 | 2.68% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $0 | 2.71% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $0 | 2.97% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 2.88% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 2.69% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 3.10% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $0 | 2.87% |
| Seneca, SC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 2.94% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 2.85% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 2.70% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 2.77% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 2.59% |
| LAFAYETTE, LA (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $0 | 2.77% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 2.80% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $0 | 2.85% |
| REDDING, CA (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 3.53% |
| Key West, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 4.37% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 2.36% |
| AKRON, OH (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 2.19% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 2.65% |
| Prineville, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 2.83% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 2.35% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $0 | 2.68% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 2.47% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 2.39% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 2.10% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 2.40% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 2.97% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 2.21% |
| Fernley, NV (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 3.03% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $0 | 2.97% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 2.77% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 3.19% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 4.40% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 2.61% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $0 | 2.85% |
| Edwards, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 2.92% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 2.81% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 2.93% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 2.61% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 2.29% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 3.48% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $0 | 2.77% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 3.42% |
| Newport, OR (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 3.56% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 2.97% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 2.71% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 3.53% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 2.51% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 2.36% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 2.94% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 2.84% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 2.71% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $0 | 3.62% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 2.19% |
| TYLER, TX (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 2.52% |
| Price, UT (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 2.89% |
| Murray, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 2.65% |
| Kearney, NE (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 2.41% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 2.72% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.68% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $0 | 3.08% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 1.97% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 3.45% |
| Spearfish, SD (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 2.74% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 2.90% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 2.47% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 2.71% |
| Concord, NH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 2.73% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 2.90% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 2.59% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 2.33% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 3.30% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 3.13% |
| DOVER, DE (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 2.42% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 2.53% |
| TULSA, OK (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 2.93% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.31% |
| Centralia, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.82% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 2.79% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.72% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.48% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.41% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.83% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 2.67% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 2.85% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 2.59% |
| Red Wing, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 2.81% |
| Astoria, OR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 2.94% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 2.55% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 3.03% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.43% |
| MADERA, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.59% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.86% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.35% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.52% |
| Selma, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.27% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.89% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.71% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.08% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.68% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.86% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.82% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.05% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.12% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.12% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.45% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.65% |
| Sanford, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.39% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.87% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.26% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.61% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.54% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.87% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.30% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.58% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.62% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.87% |
| Glasgow, KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.26% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 2.10% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.82% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.56% |
| Willmar, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 2.35% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 2.71% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 2.88% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 2.93% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.06% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.34% |
| Holland, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 2.49% |
| Cullman, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.38% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.34% |
| Newport, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.92% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.80% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.55% |
| Ashland, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.95% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.85% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.35% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.84% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.74% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.69% |
| Marietta, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.52% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.82% |
| Bay City, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.09% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.98% |
| Searcy, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 2.85% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 2.84% |
| Palatka, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.94% |
| Bardstown, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.08% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.87% |
| Richmond, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.26% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 2.72% |
| Ottumwa, IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 2.99% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 2.82% |
| Paragould, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 2.84% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 2.86% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 2.92% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.19% |
| Sayre, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.09% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 2.83% |
Product Mix
For 2020, Longbridge Financial's most frequently originated type of loan was FHA, with 1,804 originations. Their 2nd most popular type was HELOC, with 73 originations.
Loan Reason
For 2020, Longbridge Financial's most frequently cited loan purpose was Refi, with 1,026 originations. The 2nd most popular reason was Cash Out Refi, with 698 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 1,999 | $572,755,000 | $286,521 | $0 | 3.05% |
For 2020, Longbridge Financial's most frequently cited loan duration was Other, with 1,999 originations.
Interest Rates
During 2020, Longbridge Financial's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,032 originations.
Loan Sizing
2020 saw Longbridge Financial place emphasis on $200k-400k loans with 840 originations, totaling $235,720,000 in origination value.
Applicant Income
Longbridge Financial lent most frequently to those with incomes in the $50k or less range, with 1,606 originations. The second most popular income band? $50k-75k, with 258 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.79%
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 origination74.24%
Longbridge Financial has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,999 | $572,755,000 | $286,521 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Longbridge Financial, LLC | Reverse mortgage | Struggling to pay mortgage | 1 | 20.0% |
| Longbridge Financial, LLC | Reverse mortgage | Trouble during payment process | 1 | 20.0% |
| Longbridge Financial, LLC | Conventional home mortgage | Closing on a mortgage | 1 | 20.0% |
| Longbridge Financial, LLC | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 40.0% |