Corevest American Finance Lender Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300MQEDQYDJR8CP22
Tax ID: 47-1514565
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Corevest American Finance Lender is a smaller mortgage company specializing in Refi loans. Corevest American Finance Lender has a high proportion of conventional loans. Their top markets by origination volume include: New York, Miami, Athens, Dallas, and Allentown among others. We have data for 98 markets. (Some data included below & more in-depth data is available with an active subscription.)Corevest American Finance Lender 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
324Origination Dollar Volume (All Markets)
$686,580,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 28 | $79,220,000 | $2,829,286 | $0 | 7.19% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 14 | $50,730,000 | $3,623,571 | $0 | 7.40% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 6 | $44,120,000 | $7,353,333 | $0 | 7.49% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 7 | $38,605,000 | $5,515,000 | $0 | 6.61% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $27,895,000 | $9,298,333 | $0 | 7.41% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $24,420,000 | $12,210,000 | $0 | 6.87% |
| Outside of Metro Areas | 23 | $22,165,000 | $963,696 | $0 | 7.40% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 7 | $21,405,000 | $3,057,857 | $0 | 6.73% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $21,180,000 | $10,590,000 | $0 | 6.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 23 | $18,935,000 | $823,261 | $0 | 7.69% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 11 | $17,605,000 | $1,600,455 | $0 | 7.27% |
| Martin, TN (FHA|USDA|VA) | 1 | $16,405,000 | $16,405,000 | $0 | 6.50% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 10 | $16,250,000 | $1,625,000 | $0 | 7.37% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 7 | $15,605,000 | $2,229,286 | $0 | 7.37% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $15,175,000 | $2,167,857 | $0 | 7.05% |
| Logansport, IN (FHA|USDA|VA) | 1 | $12,905,000 | $12,905,000 | $0 | 6.59% |
| PITTSBURGH, PA (FHA|USDA|VA) | 6 | $12,780,000 | $2,130,000 | $0 | 7.17% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $12,505,000 | $12,505,000 | $0 | 6.69% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 5 | $12,425,000 | $2,485,000 | $0 | 7.03% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $11,715,000 | $11,715,000 | $0 | 6.42% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $10,715,000 | $10,715,000 | $0 | 6.75% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 20 | $10,330,000 | $516,500 | $0 | 7.33% |
| JACKSON, TN (FHA|USDA|VA) | 2 | $9,420,000 | $4,710,000 | $0 | 7.05% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $9,330,000 | $1,555,000 | $0 | 7.22% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $9,005,000 | $9,005,000 | $0 | 7.76% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $8,425,000 | $8,425,000 | $0 | 6.21% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $7,775,000 | $7,775,000 | $0 | 7.43% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $7,575,000 | $7,575,000 | $0 | 6.87% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $7,085,000 | $7,085,000 | $0 | 7.23% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $7,015,000 | $2,338,333 | $0 | 7.38% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $6,940,000 | $3,470,000 | $0 | 7.61% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 12 | $6,090,000 | $507,500 | $0 | 7.33% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $5,595,000 | $5,595,000 | $0 | 7.27% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $5,575,000 | $1,858,333 | $0 | 7.47% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $4,980,000 | $2,490,000 | $0 | 7.55% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $4,525,000 | $4,525,000 | $0 | 6.81% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $4,175,000 | $4,175,000 | $0 | 7.24% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $3,515,000 | $1,171,667 | $0 | 7.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $3,155,000 | $1,051,667 | $0 | 7.28% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $2,990,000 | $1,495,000 | $0 | 7.43% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $2,920,000 | $1,460,000 | $0 | 6.60% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $2,855,000 | $2,855,000 | $0 | 6.94% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $2,595,000 | $2,595,000 | $0 | 7.43% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 4 | $2,550,000 | $637,500 | $0 | 7.41% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $2,540,000 | $1,270,000 | $0 | 7.30% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 4 | $2,480,000 | $620,000 | $0 | 7.44% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $2,405,000 | $2,405,000 | $0 | 7.54% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $2,205,000 | $2,205,000 | $0 | 6.63% |
| VALLEJO, CA (FHA|USDA|VA) | 6 | $2,170,000 | $361,667 | $0 | 7.33% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $1,785,000 | $1,785,000 | $0 | 6.60% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $1,780,000 | $890,000 | $0 | 7.35% |
| JACKSON, MS (FHA|USDA|VA) | 6 | $1,730,000 | $288,333 | $0 | 7.28% |
| SALEM, OR (FHA|USDA|VA) | 2 | $1,610,000 | $805,000 | $0 | 8.06% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $1,555,000 | $1,555,000 | $0 | 7.04% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $1,520,000 | $760,000 | $0 | 7.62% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $1,470,000 | $735,000 | $0 | 7.23% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $0 | 7.36% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $1,435,000 | $1,435,000 | $0 | 7.30% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $1,405,000 | $468,333 | $0 | 8.25% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $1,400,000 | $700,000 | $0 | 7.96% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $1,335,000 | $1,335,000 | $0 | 6.84% |
| Paris, TX (FHA|USDA|VA) | 1 | $1,295,000 | $1,295,000 | $0 | 7.16% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $1,265,000 | $1,265,000 | $0 | 8.62% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $1,245,000 | $1,245,000 | $0 | 7.82% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 7.06% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $1,130,000 | $565,000 | $0 | 7.90% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 7.20% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $0 | 6.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 7.56% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 8.25% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 7.23% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 7.13% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 8.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $0 | 6.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 7.74% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 7.44% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 7.25% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 8.00% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 7.38% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 7.69% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 8.06% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 7.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 6.88% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 7.75% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 7.13% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.88% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 7.50% |
| TULSA, OK (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 8.38% |
| ITHACA, NY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 7.25% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 8.13% |
| Adrian, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 6.88% |
| Clovis, NM (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 7.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.63% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.25% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.88% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.88% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.13% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 324 | $686,580,000 | $2,119,074 | $0 | 7.33% |
For 2024, Corevest American Finance Lender's most frequently originated type of loan was Conventional, with 324 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 324 | $686,580,000 | $2,119,074 | $0 | 7.33% |
For 2024, Corevest American Finance Lender's most frequently cited loan purpose was Refi, with 324 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 323 | $685,805,000 | $2,123,235 | $0 | 7.33% |
| 10 Year | 1 | $775,000 | $775,000 | $0 | 7.50% |
For 2024, Corevest American Finance Lender's most frequently cited loan duration was Other, with 323 originations. The 2nd most popular length was 10 Year, with 1 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 208 | $343,230,000 | $1,650,144 |
| 6-7% | 84 | $316,570,000 | $3,768,690 |
| Over 8% | 30 | $13,380,000 | $446,000 |
| 5-6% | 2 | $13,400,000 | $6,700,000 |
During 2024, Corevest American Finance Lender's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 7-8%, with 208 originations.
Loan Sizing
2024 saw Corevest American Finance Lender place emphasis on $1MM+ loans with 131 originations, totaling $615,165,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 324 | $686,580,000 | $2,119,074 | $0 | 7.33% |
Approval Rates
Total approvals of all applications91.23%
Corevest American Finance Lender has an average approval rate.
Pick Rate
Approvals leading to origination26.54%
Corevest American Finance Lender 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 | 324 | $686,580,000 | $2,119,074 |