Arlington Community Mortgage Rates, Fees & Info

Falls Church, VA

LEI: 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

142

Origination Dollar Volume (All Markets)

$16,120,000

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
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%
Arlington Community's top markets include Washington, Baltimore, Virginia Beach, Greensboro, and Richmond among others.

Their top states include:
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • 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.

    Mid-Atlantic Federal Credit Union
    Similarity Rank: 168
    IDB Global Federal Credit Union
    Similarity Rank: 816
    EDUCATIONAL SYSTEMS
    Similarity Rank: 960
    FEDERATED MORTGAGE CORP.
    Similarity Rank: 1221
    NATIONAL COOPERATIVE BANK, N.A.
    Similarity Rank: 1518
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 1968
    Apple Federal Credit Union
    Similarity Rank: 1975
    CAPITAL CENTER, L.L.C.
    Similarity Rank: 2624

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 127 $14,685,000 $115,630 $0 9.44%
    10 Year 7 $425,000 $60,714 $761 8.23%
    20 Year 6 $850,000 $141,667 $714 9.45%
    15 Year 2 $160,000 $80,000 $750 10.13%

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 64 $8,580,000 $134,063 $719 9.38%
    $100,000 or less 63 $3,815,000 $60,556 $759 9.51%
    $200k-400k 15 $3,725,000 $248,333 $0 8.95%

    2024 saw Arlington Community place emphasis on $100k-200k loans with 64 originations, totaling $8,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 53 $6,945,000 $131,038 $719 9.53%
    $100k-150k 43 $3,565,000 $82,907 $765 9.38%
    $250k+ 27 $4,305,000 $159,444 $765 9.05%
    $75k-100k 9 $585,000 $65,000 $750 9.68%
    $50k-75k 8 $430,000 $53,750 $750 9.09%
    $50k or less 1 $35,000 $35,000 $0 12.75%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 27 $3,625,000 $134,259 $833 9.17%
    30-36% 19 $1,905,000 $100,263 $750 9.80%
    43% 13 $1,475,000 $113,462 $750 9.50%
    40% 9 $675,000 $75,000 $738 9.79%
    46% 8 $1,070,000 $133,750 $494 9.03%
    <20% 8 $970,000 $121,250 $750 8.98%
    42% 7 $915,000 $130,714 $695 9.25%
    39% 6 $460,000 $76,667 $0 9.67%
    41% 6 $540,000 $90,000 $0 9.58%
    44% 6 $700,000 $116,667 $795 8.77%
    45% 6 $700,000 $116,667 $750 9.71%
    48% 5 $565,000 $113,000 $0 9.05%
    47% 5 $595,000 $119,000 $750 8.73%
    37% 4 $530,000 $132,500 $735 9.31%
    36% 3 $355,000 $118,333 $0 9.17%
    38% 3 $225,000 $75,000 $0 10.50%
    49% 3 $325,000 $108,333 $0 10.00%
    50-60% 3 $385,000 $128,333 $0 9.00%
    >60% 1 $105,000 $105,000 $0 11.00%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 58 $7,120,000 $122,759 $748 9.07%
    Black 44 $4,420,000 $100,455 $739 9.86%
    Not provided 23 $2,335,000 $101,522 $750 9.35%
    Asian Indian 5 $725,000 $145,000 $0 9.25%
    Other Asian 3 $555,000 $185,000 $0 8.58%
    Asian 4 $380,000 $95,000 $0 10.50%
    Filipino 1 $255,000 $255,000 $0 8.75%
    Korean 1 $105,000 $105,000 $695 9.75%
    Chinese 1 $105,000 $105,000 $0 9.50%
    American Indian 1 $85,000 $85,000 $0 8.25%
    Vietnamese 1 $35,000 $35,000 $0 8.75%

    Approval Rates

    Total approvals of all applications
    70.63%

    Arlington Community has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    80.28%

    Arlington Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 142 $16,120,000 $113,521

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    142 $16,120,000 $113,521

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 30 $5,040,000 $168,000 $676 9.28%
    Under 20% 112 $11,080,000 $98,929 $757 9.42%