Moria Development Mortgage Rates, Fees & Info

TEMPE, AZ

LEI: 549300N3JBQ15RQ7AV97

Tax ID: 86-0431588

3.9 stars - Updated: 10/8/24 - out of 5 stars, based on 39 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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% 10/8/24
30 Year Conventional Refi 6.88% 10/8/24
30 Year Cash-out Refi 6.77% 10/8/24
30 Year FHA Purchase 7.83% 10/8/24
30 Year FHA Refi 7.44% 10/8/24
30 Year VA Purchase 6.46% 10/8/24
30 Year VA Refi 6.56% 10/8/24
30 Year USDA Purchase 7.06% 10/8/24
15 Year Conventional Purchase 6.65% 10/8/24
15 Year Conventional Refi 6.53% 10/8/24
15 Year Cash-out Refi 6.53% 10/8/24
15 Year FHA Refi 7.22% 10/8/24
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

1,519

Origination Dollar Volume (All Markets)

$448,865,000

Awards

MORIA DEVELOPMENT 30 Year Conventional Loans silver MORIA DEVELOPMENT 30 Year Conventional Loans gold MORIA DEVELOPMENT 30 Year Conventional Loans silver
Show all (3) awards

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%
Moria Development's top markets include Phoenix, Tucson, Omaha, San Diego, and Grand Island among others.

Their top states include:
  • Arizona (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 978 $285,720,000 $292,147 $6,726 6.53%
    FHA 405 $114,005,000 $281,494 $12,262 6.76%
    VA 125 $46,945,000 $375,560 $11,344 6.56%
    USDA 10 $2,120,000 $212,000 $7,179 6.48%
    FHA 1 $75,000 $75,000 $0 7.41%

    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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,390 $411,190,000 $295,820 $8,540 6.57%
    Refi 98 $28,130,000 $287,041 $8,461 6.88%
    Cash Out Refi 30 $9,280,000 $309,333 $11,216 6.83%
    Home Improvement 1 $265,000 $265,000 $13,172 6.75%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,426 $443,920,000 $311,304 $9,077 6.83%
    10 Year 54 $640,000 $11,852 $62 3.35%
    3 Year 16 $140,000 $8,750 $38 0.00%
    15 Year 10 $2,700,000 $270,000 $6,355 6.19%
    Other 9 $585,000 $65,000 $1,592 2.28%
    20 Year 2 $870,000 $435,000 $9,246 7.50%
    5 Year 2 $10,000 $5,000 $0 0.00%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 513 $207,005,000 $403,519
    $1k-2k 409 $107,105,000 $261,870
    $2k-3k 164 $39,400,000 $240,244
    $4k-5k 148 $42,700,000 $288,514
    $<1k 142 $16,560,000 $116,620
    $3k-4k 134 $34,970,000 $260,970

    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

    Loan Rate Originations Total Value Average Loan
    6-7% 698 $215,890,000 $309,298
    7-8% 551 $172,685,000 $313,403
    5-6% 133 $42,975,000 $323,120
    <2.5% 77 $1,005,000 $13,052
    Over 8% 59 $15,985,000 $270,932
    4-5% 1 $325,000 $325,000

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 736 $214,420,000 $291,332 $9,290 6.90%
    $100k-200k 278 $44,500,000 $160,072 $5,792 6.67%
    $400k-600k 225 $107,475,000 $477,667 $12,726 6.83%
    $100,000 or less 180 $6,640,000 $36,889 $1,766 4.72%
    $600k-1MM 92 $66,060,000 $718,043 $13,622 7.02%
    $1MM+ 8 $9,770,000 $1,221,250 $19,175 7.39%

    2023 saw Moria Development place emphasis on $200k-400k loans with 736 originations, totaling $214,420,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 353 $113,035,000 $320,212 $9,625 6.73%
    $50k-75k 353 $75,965,000 $215,198 $7,462 6.28%
    $75k-100k 336 $84,530,000 $251,577 $8,408 6.37%
    $150k-250k 251 $102,035,000 $406,514 $9,409 7.05%
    $50k or less 125 $18,105,000 $144,840 $5,474 6.24%
    $250k+ 99 $54,665,000 $552,172 $11,283 7.25%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 202 $58,430,000 $289,257 $7,693 6.55%
    50-60% 180 $58,790,000 $326,611 $12,801 6.60%
    20-30% 155 $40,765,000 $263,000 $6,646 6.90%
    49% 113 $36,815,000 $325,796 $9,003 6.82%
    44% 88 $26,560,000 $301,818 $9,040 6.72%
    45% 75 $24,785,000 $330,467 $8,998 6.57%
    48% 69 $19,725,000 $285,870 $8,612 6.67%
    46% 68 $17,850,000 $262,500 $7,711 6.39%
    43% 64 $20,920,000 $326,875 $9,348 6.68%
    <20% 63 $15,945,000 $253,095 $6,801 6.77%
    47% 62 $18,480,000 $298,065 $8,903 6.47%
    40% 62 $17,590,000 $283,710 $7,169 6.07%
    42% 61 $14,635,000 $239,918 $7,222 6.15%
    41% 54 $17,180,000 $318,148 $8,383 6.56%
    38% 53 $16,275,000 $307,075 $8,510 6.91%
    39% 52 $15,460,000 $297,308 $7,604 6.32%
    37% 44 $12,800,000 $290,909 $7,042 6.58%
    36% 44 $13,490,000 $306,591 $8,790 6.52%
    >60% 6 $1,610,000 $268,333 $10,034 4.42%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,100 $324,120,000 $294,655 $8,526 6.63%
    Not provided 287 $82,285,000 $286,707 $8,498 6.48%
    Black 71 $22,555,000 $317,676 $9,487 6.56%
    Asian 48 $16,280,000 $339,167 $9,315 6.52%
    American Indian 11 $2,735,000 $248,636 $8,185 6.91%
    Native Hawaiian or Islander 2 $890,000 $445,000 $10,323 7.19%

    Approval Rates

    Total approvals of all applications
    96.63%

    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 origination
    73.14%

    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

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,519 $448,865,000 $295,500

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $8,045,000 $171,170 $5,328 6.33%
    40-60% 114 $31,500,000 $276,316 $6,534 6.83%
    60-80% 322 $99,680,000 $309,565 $8,189 7.04%
    80-100% 895 $294,395,000 $328,933 $9,841 6.87%
    Over 100% 33 $12,315,000 $373,182 $16,679 6.60%
    Under 20% 108 $2,930,000 $27,130 $431 2.87%