Arlington Community Mortgage Rates, Fees & Info
Falls Church, VALEI: 549300MTZQME2DHKE115
Tax ID: 54-0695376
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Arlington Community is a smaller mortgage company specializing in Other and Home Improvement loans. Arlington Community has an average proportion of conventional loans. Their top markets by origination volume include: Washington, Baltimore, Virginia Beach, Greensboro, and Richmond among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Arlington Community has an 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
142Origination Dollar Volume (All Markets)
$16,120,000Top 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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 128 | $14,350,000 | $112,109 | $758 | 9.37% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 7 | $965,000 | $137,857 | $0 | 9.57% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 8.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $494 | 11.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.25% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.75% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against ARLINGTON COMMUNITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 127 | $14,685,000 | $115,630 | n/a | 9.44% |
| Conventional | 15 | $1,435,000 | $95,667 | $741 | 8.97% |
For 2024, Arlington Community's most frequently originated type of loan was HELOC, with 127 originations. Their 2nd most popular type was Conventional, with 15 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Other | 80 | $8,910,000 | $111,375 | $726 | 9.56% |
| Home Improvement | 62 | $7,210,000 | $116,290 | $763 | 9.17% |
For 2024, Arlington Community's most frequently cited loan purpose was Other, with 80 originations. The 2nd most popular reason was Home Improvement, with 62 originations.
Loan Duration/Length
For 2024, Arlington Community's most frequently cited loan duration was Other, with 127 originations. The 2nd most popular length was 10 Year, with 7 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 15 | $1,435,000 | $95,667 |
Arlington Community's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 15 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 136 | $15,690,000 | $115,368 |
| 7-8% | 6 | $430,000 | $71,667 |
During 2024, Arlington Community's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 136 originations.
Loan Sizing
2024 saw Arlington Community place emphasis on $100k-200k loans with 64 originations, totaling $8,580,000 in origination value.
Applicant Income
Arlington Community lent most frequently to those with incomes in the $150k-250k range, with 53 originations. The second most popular income band? $100k-150k, with 43 originations.
Applicant Debt to Income Ratio
Arlington Community lent most frequently to those with DTI ratios of 20-30%, with 27 originations. The next most common DTI ratio? 30-36%, with 19 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.63%
Arlington Community has a below average approval rate.
Pick Rate
Approvals leading to origination80.28%
Arlington Community has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 142 | $16,120,000 | $113,521 |