Arlington Community Mortgage Rates, Fees & Info
Falls Church, VALEI: 549300MTZQME2DHKE115
Tax ID: 54-0695376
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Arlington Community is a smaller mortgage company specializing in Home Purchase and Refi loans. Arlington Community has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Baltimore, Virginia Beach, North Port, and Lancaster 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 above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Arlington Community is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.57% | 11/22/24 |
| 15 Year Conventional Purchase | 6.78% | 11/22/24 |
| 15 Year Conventional Refi | 5.63% | 11/22/24 |
| 15 Year Cash-out Refi | 5.63% | 11/22/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Arlington Community Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Arlington Community. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
136Origination Dollar Volume (All Markets)
$40,310,000Top 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) | 127 | $38,035,000 | $299,488 | $2,853 | 5.60% |
| Outside of Metro Areas | 1 | $575,000 | $575,000 | $17,918 | 5.13% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $9,146 | 5.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,536 | 5.63% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,626 | 4.88% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,523 | 4.88% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $2,185 | 6.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $507 | 5.50% |
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.
Similarity Rank: 320
Similarity Rank: 448
Similarity Rank: 450
Similarity Rank: 614
Similarity Rank: 693
Similarity Rank: 1220
Similarity Rank: 1240
Similarity Rank: 1482
Similarity Rank: 1596
Similarity Rank: 1740
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 136 | $40,310,000 | $296,397 | $3,079 | 5.59% |
For 2018, Arlington Community's most frequently originated type of loan was Conventional, with 136 originations.
Loan Reason
For 2018, Arlington Community's most frequently cited loan purpose was Home Purchase, with 52 originations. The 2nd most popular reason was Other, with 24 originations.
Loan Duration/Length
For 2018, Arlington Community's most frequently cited loan duration was 30 Year, with 40 originations. The 2nd most popular length was 20 Year, with 35 originations.
Origination Fees/Closing Costs
Arlington Community's average total fees were $6,422, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 19 originations.
Interest Rates
During 2018, Arlington Community's average interest rate for loans was 4.67%, while their most frequently originated rate bucket for loans was 4-5%, with 53 originations.
Loan Sizing
2018 saw Arlington Community place emphasis on $100,000 or less loans with 65 originations, totaling $3,505,000 in origination value.
Applicant Income
Arlington Community lent most frequently to those with incomes in the $150k-250k range, with 40 originations. The second most popular income band? $100k-150k, with 34 originations.
Applicant Debt to Income Ratio
Arlington Community lent most frequently to those with DTI ratios of 20-30%, with 23 originations. The next most common DTI ratio? 30-36%, with 23 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.31%
Arlington Community has an average approval rate.
Pick Rate
Approvals leading to origination80.88%
Arlington Community has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 136 | $40,310,000 | $296,397 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 6 | $15,150,000 | $2,525,000 |
| Single Family (1-4 Units):Site-Built | 130 | $25,160,000 | $193,538 |