Moria Development Mortgage Rates, Fees & Info
TEMPE, AZLEI: 549300N3JBQ15RQ7AV97
Tax ID: 86-0431588
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Moria Development is a smaller mortgage company specializing in Home Purchase loans. Moria Development has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Phoenix, Tucson, Omaha, San Diego, and Grand Island among others. We have data for 127 markets. (Some data included below & more in-depth data is available with an active subscription.)Moria Development 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. Moria Development 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 relatively high 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 |
|---|---|---|
| 30 Year Conventional Purchase | 6.83% | 11/17/24 |
| 30 Year Conventional Refi | 6.88% | 11/17/24 |
| 30 Year Cash-out Refi | 6.77% | 11/17/24 |
| 30 Year FHA Purchase | 7.83% | 11/17/24 |
| 30 Year FHA Refi | 7.44% | 11/17/24 |
| 30 Year VA Purchase | 6.46% | 11/17/24 |
| 30 Year VA Refi | 6.56% | 11/17/24 |
| 30 Year USDA Purchase | 7.06% | 11/17/24 |
| 15 Year Conventional Purchase | 6.65% | 11/17/24 |
| 15 Year Conventional Refi | 6.53% | 11/17/24 |
| 15 Year Cash-out Refi | 6.53% | 11/17/24 |
| 15 Year FHA Refi | 7.22% | 11/17/24 |
| 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. | ||
Moria Development Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Moria Development. 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
1,519Origination Dollar Volume (All Markets)
$448,865,000Awards
MORIA DEVELOPMENT - 2023
MORIA DEVELOPMENT is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for MORIA DEVELOPMENT?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Moria Development's average 30 year fixed mortgage rate was
6.83%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.35%.
Relative Fees (Closing Costs)
Moria Development's average total fees/closing costs for a 30 year fixed rate
mortgage were $9,077.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 416 | $148,690,000 | $357,428 | $10,879 | 6.83% |
| TUCSON, AZ (FHA|USDA|VA) | 202 | $59,800,000 | $296,040 | $9,292 | 6.47% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 214 | $48,660,000 | $227,383 | $5,417 | 5.81% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 31 | $19,665,000 | $634,355 | $16,024 | 6.32% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 87 | $18,445,000 | $212,011 | $8,035 | 6.55% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 39 | $16,335,000 | $418,846 | $7,546 | 6.96% |
| Outside of Metro Areas | 61 | $12,255,000 | $200,902 | $7,138 | 6.81% |
| LINCOLN, NE (FHA|USDA|VA) | 45 | $11,045,000 | $245,444 | $4,811 | 6.34% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 22 | $7,400,000 | $336,364 | $9,068 | 6.71% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 23 | $7,115,000 | $309,348 | $7,927 | 7.17% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 13 | $6,735,000 | $518,077 | $13,687 | 7.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 21 | $6,655,000 | $316,905 | $8,377 | 6.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 10 | $5,020,000 | $502,000 | $16,404 | 6.51% |
| Nogales, AZ (FHA|USDA|VA) | 18 | $5,020,000 | $278,889 | $8,890 | 6.90% |
| Show Low, AZ (FHA|USDA|VA) | 14 | $4,080,000 | $291,429 | $6,572 | 6.87% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 59 | $3,675,000 | $62,288 | $3,513 | 7.56% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $3,020,000 | $377,500 | $10,608 | 6.81% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 6 | $2,920,000 | $486,667 | $7,764 | 5.96% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 11 | $2,735,000 | $248,636 | $7,319 | 5.72% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 7 | $2,455,000 | $350,714 | $10,706 | 6.78% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 6 | $2,450,000 | $408,333 | $8,878 | 7.12% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $2,180,000 | $363,333 | $13,236 | 6.56% |
| Hastings, NE (FHA|USDA|VA) | 11 | $2,165,000 | $196,818 | $7,439 | 6.69% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $2,155,000 | $307,857 | $7,791 | 7.09% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,990,000 | $995,000 | $7,181 | 7.44% |
| RICHMOND, VA (FHA|USDA|VA) | 5 | $1,915,000 | $383,000 | $6,044 | 7.32% |
| Payson, AZ (FHA|USDA|VA) | 6 | $1,770,000 | $295,000 | $10,684 | 7.54% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 6 | $1,550,000 | $258,333 | $9,222 | 7.10% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $10,903 | 6.58% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 8 | $1,230,000 | $153,750 | $4,773 | 8.14% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $10,672 | 7.20% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $7,378 | 7.62% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $9,380 | 7.28% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $8,666 | 6.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $5,845 | 7.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $18,298 | 6.31% |
| AKRON, OH (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $17,671 | 7.31% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $12,439 | 6.50% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $7,184 | 7.21% |
| OCALA, FL (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $5,706 | 6.85% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $7,291 | 5.44% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $17,232 | 6.31% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $4,798 | 4.40% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $11,800 | 7.38% |
| LAS CRUCES, NM (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $10,442 | 6.81% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $15,515 | 6.38% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $11,700 | 7.50% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $9,279 | 7.06% |
| Fernley, NV (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $22,118 | 5.63% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $10,529 | 5.99% |
| DECATUR, AL (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $7,492 | 6.33% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $7,061 | 4.63% |
| Kearney, NE (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $5,792 | 6.62% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $9,589 | 6.75% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $19,916 | 6.88% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $5,890 | 5.13% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $10,048 | 7.50% |
| Fremont, NE (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,904 | 7.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $10,731 | 7.99% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $12,687 | 7.63% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,556 | 7.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,432 | 6.75% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $11,880 | 6.49% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $26,994 | 6.13% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,929 | 8.13% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $9,004 | 6.75% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $8,164 | 8.13% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,422 | 6.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $350,000 | $87,500 | $4,570 | 3.81% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $9,220 | 8.12% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,032 | 6.63% |
| Jasper, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $15,411 | 7.13% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,828 | 6.50% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $13,195 | 6.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,527 | 7.49% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,896 | 5.99% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,344 | 6.75% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,853 | 7.63% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,537 | 7.25% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $15,666 | 5.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,540 | 7.38% |
| Beatrice, NE (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,302 | 6.75% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,491 | 7.13% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,804 | 7.49% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,400 | 7.63% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,457 | 7.63% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $13,399 | 7.13% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $12,317 | 7.13% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,483 | 6.50% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,654 | 6.38% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,937 | 6.63% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,992 | 7.13% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,375 | 7.63% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $6,634 | 3.81% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,338 | 6.25% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,147 | 7.13% |
| Alamogordo, NM (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $6,606 | 6.44% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,069 | 6.88% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,925 | 7.38% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,010 | 6.88% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,256 | 6.88% |
| BEND, OR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,676 | 5.13% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,765 | 7.13% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,952 | 6.63% |
| Defiance, OH (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $3,421 | 8.25% |
| Columbus, NE (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $3,247 | 3.75% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,911 | 7.13% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,029 | 6.75% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,847 | 6.88% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,437 | 7.50% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,244 | 6.00% |
| Lexington, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,913 | 7.13% |
| Emporia, KS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,407 | 7.50% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,022 | 6.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.88% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,364 | 6.50% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,491 | 7.25% |
| Marietta, OH (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $4,182 | 7.88% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $4,015 | 3.75% |
| Atchison, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,309 | 6.38% |
| Silver City, NM (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,266 | 5.75% |
| Selma, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,715 | 6.13% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,536 | 6.50% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $3,313 | 3.75% |
| Crossville, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,495 | 7.13% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,232 | 8.13% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,476 | 6.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against MORIA DEVELOPMENT based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 93
Similarity Rank: 110
Similarity Rank: 126
Similarity Rank: 200
Similarity Rank: 204
Similarity Rank: 208
Similarity Rank: 238
Similarity Rank: 276
Similarity Rank: 295
Similarity Rank: 304
Product Mix
For 2023, Moria Development's most frequently originated type of loan was Conventional, with 978 originations. Their 2nd most popular type was FHA, with 405 originations.
Loan Reason
For 2023, Moria Development's most frequently cited loan purpose was Home Purchase, with 1,390 originations. The 2nd most popular reason was Refi, with 98 originations.
Loan Duration/Length
For 2023, Moria Development's most frequently cited loan duration was 30 Year, with 1,426 originations. The 2nd most popular length was 10 Year, with 54 originations.
Origination Fees/Closing Costs
Moria Development's average total fees were $9,077, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 513 originations.
Interest Rates
During 2023, Moria Development's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was 6-7%, with 698 originations.
Loan Sizing
2023 saw Moria Development place emphasis on $200k-400k loans with 736 originations, totaling $214,420,000 in origination value.
Applicant Income
Moria Development lent most frequently to those with incomes in the $100k-150k range, with 353 originations. The second most popular income band? $50k-75k, with 353 originations.
Applicant Debt to Income Ratio
Moria Development lent most frequently to those with DTI ratios of 30-36%, with 202 originations. The next most common DTI ratio? 50-60%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.63%
Moria Development has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination73.14%
Moria Development has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,519 | $448,865,000 | $295,500 |