Century Mortgage Company Dba Century Lending Company Rates, Fees & Info
Louisville, KYLEI: 549300MZ8VZJOVC63092
Tax ID: 61-1306242
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Mortgage Data
Review & Overview
Century Mortgage Company Dba Century Lending Company is a smaller mortgage company specializing in Home Purchase loans. Century Mortgage Company Dba Century Lending Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Louisville, Washington, Baltimore, Lexington, and Orlando among others. We have data for 120 markets. (Some data included below & more in-depth data is available with an active subscription.)Century Mortgage Company Dba Century Lending Company 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. Century Mortgage Company Dba Century Lending Company is typically a high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
30 Year Conventional Purchase | 6.67% | 12/17/24 |
30 Year Conventional Refi | 6.38% | 12/17/24 |
30 Year Cash-out Refi | 6.60% | 12/17/24 |
30 Year FHA Purchase | 7.05% | 12/17/24 |
30 Year FHA Refi | 6.68% | 12/17/24 |
30 Year VA Purchase | 6.02% | 12/17/24 |
30 Year VA Refi | 5.95% | 12/17/24 |
30 Year USDA Purchase | 6.41% | 12/17/24 |
30 Year USDA Refi | 6.27% | 12/17/24 |
15 Year Conventional Purchase | 6.11% | 12/17/24 |
15 Year Conventional Refi | 5.97% | 12/17/24 |
15 Year Cash-out Refi | 5.97% | 12/17/24 |
15 Year VA Refi | 5.68% | 12/17/24 |
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. |
Century Mortgage Company Dba Century Lending Company Mortgage Calculator
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This is not an official calculator from Century Mortgage Company Dba Century Lending Company. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,417Origination Dollar Volume (All Markets)
$998,045,000Century Mortgage Company DBA Century Lending Company - 2019
Century Mortgage Company DBA Century Lending Company is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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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 |
---|---|---|---|---|---|
LOUISVILLE, KY (FHA|USDA|VA) | 1,829 | $353,465,000 | $193,256 | $5,265 | 4.32% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 603 | $215,465,000 | $357,322 | $32,201 | 3.96% |
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 239 | $66,155,000 | $276,799 | $39,637 | 4.04% |
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 321 | $60,995,000 | $190,016 | $4,601 | 4.32% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 167 | $42,605,000 | $255,120 | $26,884 | 4.10% |
Outside of Metro Areas | 162 | $25,520,000 | $157,531 | $4,902 | 4.41% |
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 147 | $21,655,000 | $147,313 | $5,303 | 4.43% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 56 | $14,760,000 | $263,571 | $44,015 | 4.31% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 34 | $14,380,000 | $422,941 | $13,680 | 4.24% |
BOWLING GREEN, KY (FHA|USDA|VA) | 84 | $13,880,000 | $165,238 | $5,443 | 4.46% |
Bardstown, KY (FHA|USDA|VA) | 76 | $13,710,000 | $180,395 | $5,416 | 4.24% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 44 | $11,780,000 | $267,727 | $5,284 | 4.00% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 25 | $9,455,000 | $378,200 | $8,455 | 4.15% |
FORT COLLINS, CO (FHA|USDA|VA) | 32 | $9,160,000 | $286,250 | $4,468 | 4.21% |
CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 47 | $7,865,000 | $167,340 | $4,972 | 4.35% |
GREELEY, CO (FHA|USDA|VA) | 25 | $7,665,000 | $306,600 | $5,902 | 4.28% |
Richmond-Berea, KY (FHA|USDA|VA) | 42 | $6,710,000 | $159,762 | $5,339 | 4.56% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 32 | $6,410,000 | $200,313 | $7,731 | 4.07% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 25 | $5,085,000 | $203,400 | $7,388 | 4.55% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 23 | $4,895,000 | $212,826 | $6,301 | 4.35% |
RICHMOND, VA (FHA|USDA|VA) | 13 | $4,875,000 | $375,000 | $7,886 | 4.11% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 13 | $4,355,000 | $335,000 | $6,480 | 4.10% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 12 | $3,900,000 | $325,000 | $12,838 | 4.28% |
Frankfort, KY (FHA|USDA|VA) | 27 | $3,815,000 | $141,296 | $4,441 | 4.53% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 14 | $3,420,000 | $244,286 | $8,540 | 4.14% |
VALLEJO, CA (FHA|USDA|VA) | 8 | $3,110,000 | $388,750 | $6,989 | 4.13% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 13 | $3,105,000 | $238,846 | $6,165 | 4.49% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 13 | $2,825,000 | $217,308 | $7,463 | 4.01% |
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 13 | $2,705,000 | $208,077 | $6,030 | 4.34% |
Glasgow, KY (FHA|USDA|VA) | 21 | $2,535,000 | $120,714 | $4,476 | 4.46% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $2,515,000 | $359,286 | $7,154 | 4.00% |
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 11 | $2,305,000 | $209,545 | $4,799 | 4.23% |
Mount Sterling, KY (FHA|USDA|VA) | 17 | $2,245,000 | $132,059 | $5,405 | 4.58% |
COLUMBUS, OH (FHA|USDA|VA) | 10 | $1,980,000 | $198,000 | $5,877 | 4.35% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $1,885,000 | $269,286 | $5,857 | 4.21% |
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 8 | $1,810,000 | $226,250 | $7,841 | 4.22% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 5 | $1,635,000 | $327,000 | $7,860 | 4.23% |
EVANSVILLE, IN-KY (FHA|USDA|VA) | 8 | $1,460,000 | $182,500 | $4,369 | 4.23% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $7,841 | 4.08% |
JACKSONVILLE, FL (FHA|USDA|VA) | 8 | $1,400,000 | $175,000 | $37,432 | 4.16% |
SALISBURY, MD-DE (FHA|USDA|VA) | 6 | $1,240,000 | $206,667 | $6,247 | 3.90% |
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $5,132 | 4.25% |
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $6,102 | 4.20% |
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $55,753 | 3.95% |
YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $8,020 | 4.42% |
Campbellsville, KY (FHA|USDA|VA) | 10 | $1,090,000 | $109,000 | $4,552 | 4.65% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $53,600 | 4.03% |
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $8,669 | 3.56% |
London, KY (FHA|USDA|VA) | 5 | $885,000 | $177,000 | $3,944 | 4.68% |
Scottsburg, IN (FHA|USDA|VA) | 7 | $865,000 | $123,571 | $4,402 | 4.09% |
STOCKTON, CA (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $54,497 | 4.22% |
CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $4,488 | 4.35% |
CHARLOTTESVILLE, VA (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $6,823 | 4.08% |
KNOXVILLE, TN (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $6,139 | 3.66% |
WINCHESTER, VA-WV (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $107,919 | 4.38% |
THE VILLAGES, FL (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $4,753 | 4.00% |
Madison, IN (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $6,181 | 4.38% |
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $2,660 | 4.75% |
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $7,785 | 4.25% |
AKRON, OH (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $5,714 | 4.33% |
PITTSBURGH, PA (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $5,759 | 3.58% |
OCALA, FL (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,749 | 4.25% |
LYNCHBURG, VA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,971 | 4.25% |
CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $6,799 | 3.94% |
Somerset, KY (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $3,174 | 3.79% |
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $10,016 | 3.88% |
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $4,309 | 4.25% |
Danville, KY (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $4,190 | 4.83% |
OWENSBORO, KY (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $3,623 | 4.72% |
PUEBLO, CO (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,418 | 5.31% |
BOULDER, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,221 | 3.50% |
Fort Morgan, CO (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $8,250 | 4.00% |
BLOOMINGTON, IN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,381 | 4.69% |
ROCKFORD, IL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,041 | 4.13% |
Baraboo, WI (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,932 | 4.44% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $8,031 | 4.75% |
CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,933 | 4.75% |
Murray, KY (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,314 | 4.38% |
Jesup, GA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $3,665 | 4.50% |
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,983 | 3.88% |
ST. CLOUD, MN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,791 | 4.25% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,557 | 4.38% |
Cambridge, MD (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,648 | 4.50% |
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $18,053 | 3.88% |
FORT WAYNE, IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,321 | 4.06% |
Winona, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,284 | 3.63% |
TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,030 | 4.13% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,793 | 5.75% |
Central City, KY (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,868 | 5.19% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,360 | 4.38% |
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,247 | 4.25% |
GETTYSBURG, PA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $2,256 | 4.06% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,199 | 3.88% |
DOVER, DE (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,633 | 4.38% |
KANKAKEE, IL (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $9,533 | 4.50% |
PANAMA CITY, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,102 | 4.00% |
MADISON, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,405 | 4.63% |
Washington Court House, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,481 | 4.75% |
Mount Vernon, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,383 | 4.25% |
Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,421 | 4.75% |
Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,948 | 4.25% |
TOLEDO, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,794 | 4.25% |
Statesboro, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,483 | 4.38% |
Cullman, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,632 | 4.13% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,814 | 3.88% |
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,409 | 4.50% |
CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,783 | 4.50% |
HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,467 | 4.00% |
Maysville, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,157 | 5.38% |
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,600 | 4.88% |
Jasper, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,927 | 3.75% |
Madisonville, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,326 | 3.50% |
DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,246 | 4.13% |
JACKSON, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,832 | 3.88% |
Sterling, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,703 | 4.88% |
DULUTH, MN-WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,140 | 4.00% |
Lawrenceburg, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,948 | 4.38% |
BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,433 | 5.63% |
PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,258 | 4.25% |
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,405 | 4.63% |
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Product Mix
For 2019, Century Mortgage Company Dba Century Lending Company's most frequently originated type of loan was Conventional, with 2,597 originations. Their 2nd most popular type was FHA, with 1,290 originations.
Loan Reason
For 2019, Century Mortgage Company Dba Century Lending Company's most frequently cited loan purpose was Home Purchase, with 3,264 originations. The 2nd most popular reason was Refi, with 658 originations.
Loan Duration/Length
For 2019, Century Mortgage Company Dba Century Lending Company's most frequently cited loan duration was 30 Year, with 4,048 originations. The 2nd most popular length was 15 Year, with 237 originations.
Origination Fees/Closing Costs
Century Mortgage Company Dba Century Lending Company's average total fees were $12,889, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,508 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 2,333 | $493,565,000 | $211,558 |
3-4% | 1,793 | $458,325,000 | $255,619 |
5-6% | 270 | $41,150,000 | $152,407 |
2.5-3% | 15 | $4,125,000 | $275,000 |
6-7% | 6 | $880,000 | $146,667 |
During 2019, Century Mortgage Company Dba Century Lending Company's average interest rate for loans was 4.29%, while their most frequently originated rate bucket for loans was 4-5%, with 2,333 originations.
Loan Sizing
2019 saw Century Mortgage Company Dba Century Lending Company place emphasis on $100k-200k loans with 1,836 originations, totaling $275,700,000 in origination value.
Applicant Income
Century Mortgage Company Dba Century Lending Company lent most frequently to those with incomes in the $50k or less range, with 1,231 originations. The second most popular income band? $50k-75k, with 1,151 originations.
Applicant Debt to Income Ratio
Century Mortgage Company Dba Century Lending Company lent most frequently to those with DTI ratios of 20-30%, with 769 originations. The next most common DTI ratio? 30-36%, with 744 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.35%
Century Mortgage Company Dba Century Lending Company has a below average approval rate.
Pick Rate
Approvals leading to origination56.28%
Century Mortgage Company Dba Century Lending Company 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 | 4,417 | $998,045,000 | $225,955 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Single Family (1-4 Units):Manufactured | 79 | $9,185,000 | $116,266 |
Single Family (1-4 Units):Site-Built | 4,338 | $988,860,000 | $227,953 |
LTV Distribution
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
CONTOUR MORTGAGE CORPORATION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
CONTOUR MORTGAGE CORPORATION | FHA mortgage | Closing on a mortgage | 1 | 50.0% |