Moria Development Mortgage Rates, Fees & Info
TEMPE, AZLEI: 549300N3JBQ15RQ7AV97
Tax ID: 86-0431588
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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, San Diego, Omaha, and Lincoln among others. We have data for 160 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.83% | 4/14/24 |
| 30 Year Conventional Refi | 6.88% | 4/14/24 |
| 30 Year Cash-out Refi | 6.77% | 4/14/24 |
| 30 Year FHA Purchase | 7.83% | 4/14/24 |
| 30 Year FHA Refi | 7.44% | 4/14/24 |
| 30 Year VA Purchase | 6.46% | 4/14/24 |
| 30 Year VA Refi | 6.56% | 4/14/24 |
| 30 Year USDA Purchase | 7.06% | 4/14/24 |
| 15 Year Conventional Purchase | 6.65% | 4/14/24 |
| 15 Year Conventional Refi | 6.53% | 4/14/24 |
| 15 Year Cash-out Refi | 6.53% | 4/14/24 |
| 15 Year FHA Refi | 7.22% | 4/14/24 |
| 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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,813Origination Dollar Volume (All Markets)
$991,945,000Awards
MORIA DEVELOPMENT - 2018
MORIA DEVELOPMENT is a 2018 , due to their low .
For 2018, 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 |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2,733 | $576,185,000 | $210,825 | $5,314 | 5.13% |
| TUCSON, AZ (FHA|USDA|VA) | 399 | $74,945,000 | $187,832 | $5,295 | 5.04% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 87 | $39,845,000 | $457,989 | $9,171 | 4.76% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 254 | $37,270,000 | $146,732 | $3,249 | 4.26% |
| LINCOLN, NE (FHA|USDA|VA) | 223 | $33,495,000 | $150,202 | $3,290 | 4.21% |
| Show Low, AZ (FHA|USDA|VA) | 94 | $16,090,000 | $171,170 | $5,467 | 5.15% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 74 | $15,170,000 | $205,000 | $5,211 | 5.21% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 54 | $15,140,000 | $280,370 | $7,089 | 5.04% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 27 | $12,155,000 | $450,185 | $7,360 | 5.20% |
| Outside of Metro Areas | 84 | $11,810,000 | $140,595 | $4,143 | 4.77% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 24 | $11,720,000 | $488,333 | $10,874 | 4.91% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 32 | $8,880,000 | $277,500 | $7,089 | 4.99% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 37 | $8,875,000 | $239,865 | $5,630 | 5.22% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 44 | $8,640,000 | $196,364 | $4,948 | 5.59% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 41 | $6,035,000 | $147,195 | $5,997 | 5.20% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 29 | $5,945,000 | $205,000 | $5,040 | 5.06% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 26 | $5,940,000 | $228,462 | $5,238 | 4.95% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 23 | $5,335,000 | $231,957 | $6,385 | 4.96% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 18 | $4,810,000 | $267,222 | $5,697 | 4.91% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 35 | $4,625,000 | $132,143 | $5,097 | 5.34% |
| Payson, AZ (FHA|USDA|VA) | 20 | $3,810,000 | $190,500 | $4,973 | 4.99% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 18 | $3,780,000 | $210,000 | $7,201 | 5.04% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 12 | $3,780,000 | $315,000 | $4,974 | 4.99% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 14 | $3,770,000 | $269,286 | $8,208 | 5.31% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 7 | $3,035,000 | $433,571 | $12,939 | 4.63% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 6 | $2,770,000 | $461,667 | $7,800 | 5.02% |
| PROVO-OREM, UT (FHA|USDA|VA) | 13 | $2,565,000 | $197,308 | $4,121 | 5.54% |
| STOCKTON, CA (FHA|USDA|VA) | 7 | $2,455,000 | $350,714 | $6,728 | 5.14% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 12 | $2,240,000 | $186,667 | $5,519 | 5.03% |
| FRESNO, CA (FHA|USDA|VA) | 8 | $2,220,000 | $277,500 | $5,769 | 5.13% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $6,039 | 4.78% |
| Nogales, AZ (FHA|USDA|VA) | 9 | $1,885,000 | $209,444 | $4,312 | 4.89% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 13 | $1,765,000 | $135,769 | $4,819 | 5.19% |
| VALLEJO, CA (FHA|USDA|VA) | 6 | $1,750,000 | $291,667 | $6,200 | 5.44% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 10 | $1,750,000 | $175,000 | $6,663 | 5.31% |
| Hastings, NE (FHA|USDA|VA) | 14 | $1,600,000 | $114,286 | $4,720 | 5.19% |
| MODESTO, CA (FHA|USDA|VA) | 5 | $1,515,000 | $303,000 | $3,430 | 5.05% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $1,485,000 | $1,485,000 | $22,731 | 7.38% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 18 | $1,480,000 | $82,222 | $3,230 | 4.60% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 8 | $1,450,000 | $181,250 | $5,884 | 5.11% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 6 | $1,300,000 | $216,667 | $5,264 | 4.98% |
| Beatrice, NE (FHA|USDA|VA) | 9 | $1,295,000 | $143,889 | $4,054 | 5.03% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $5,869 | 5.09% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 5 | $1,205,000 | $241,000 | $7,817 | 4.83% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 8 | $1,150,000 | $143,750 | $4,280 | 5.18% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $6,920 | 5.19% |
| Heber, UT (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $3,765 | 6.04% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $4,111 | 6.15% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 8 | $940,000 | $117,500 | $4,397 | 4.63% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $7,492 | 4.96% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 10 | $900,000 | $90,000 | $3,662 | 5.23% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $6,563 | 4.78% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $8,274 | 5.19% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $6,560 | 5.16% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $6,746 | 4.96% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 7 | $845,000 | $120,714 | $3,685 | 4.96% |
| RENO, NV (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $6,019 | 5.38% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $4,639 | 5.46% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $4,791 | 5.25% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $3,712 | 5.04% |
| CHICO, CA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,534 | 5.56% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $3,240 | 5.75% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $4,777 | 4.96% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $5,071 | 5.69% |
| Safford, AZ (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,945 | 5.08% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $5,793 | 5.38% |
| MERCED, CA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $8,983 | 5.19% |
| SALEM, OR (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $7,065 | 5.94% |
| Gillette, WY (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,672 | 5.13% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,767 | 5.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,514 | 5.25% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,651 | 4.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,521 | 5.13% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,200 | 4.63% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,957 | 4.69% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,541 | 5.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $5,432 | 5.63% |
| Yankton, SD (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,583 | 4.88% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,731 | 5.19% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,343 | 5.31% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,147 | 4.75% |
| Pahrump, NV (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,595 | 5.88% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $11,805 | 5.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $5,218 | 5.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,224 | 4.75% |
| TOLEDO, OH (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $4,593 | 5.31% |
| Brookings, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,450 | 4.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,836 | 5.50% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $5,518 | 5.25% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,592 | 5.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 6 | $270,000 | $45,000 | $2,186 | 6.42% |
| Fremont, NE (FHA|USDA|VA) | 4 | $270,000 | $67,500 | $1,087 | 2.94% |
| Shelton, WA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,547 | 5.75% |
| Durango, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,524 | 4.75% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,665 | 5.13% |
| AKRON, OH (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $3,985 | 5.06% |
| Kearney, NE (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $4,384 | 5.21% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $7,645 | 5.13% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $6,276 | 5.69% |
| EL PASO, TX (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $3,320 | 5.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,544 | 5.19% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,457 | 5.00% |
| Riverton, WY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,072 | 4.13% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,344 | 5.13% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $4,014 | 6.08% |
| Fallon, NV (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $2,392 | 6.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,655 | 5.50% |
| Clinton, IA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,885 | 5.25% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,634 | 4.75% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,163 | 5.25% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,212 | 5.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,218 | 5.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,380 | 5.63% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,317 | 5.25% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,732 | 5.63% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,247 | 5.13% |
| Granbury, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,785 | 4.25% |
| Lumberton, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,229 | 5.13% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,028 | 4.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,465 | 5.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,831 | 5.13% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,031 | 5.25% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,114 | 4.88% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,006 | 5.25% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,351 | 4.88% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,369 | 4.88% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,939 | 5.13% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,575 | 5.25% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,669 | 5.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,825 | 3.88% |
| Scottsbluff, NE (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,403 | 4.75% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,043 | 5.25% |
| COLUMBUS, IN (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,799 | 6.25% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $4,069 | 5.31% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,731 | 5.75% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,832 | 5.88% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,142 | 5.75% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,990 | 4.50% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,260 | 5.25% |
| TYLER, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,061 | 5.75% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $125,000 | $41,667 | $2,706 | 5.63% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,625 | 5.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,248 | 5.25% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,181 | 5.00% |
| Tifton, GA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $2,795 | 5.13% |
| Great Bend, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,273 | 4.88% |
| Sonora, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,463 | 4.88% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,676 | 4.88% |
| Marion, OH (FHA|USDA|VA) | 4 | $100,000 | $25,000 | $1,364 | 6.63% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,255 | 5.50% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,519 | 5.38% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,383 | 4.88% |
| El Dorado, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,513 | 4.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,945 | 6.13% |
| OCALA, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,286 | 5.75% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $0 | 7.25% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $550 | 0.00% |
| Salem, OH (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $150 | 8.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $0 | 0.00% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $300 | 0.00% |
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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.
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Product Mix
For 2018, Moria Development's most frequently originated type of loan was Conventional, with 3,412 originations. Their 2nd most popular type was FHA, with 1,101 originations.
Loan Reason
For 2018, Moria Development's most frequently cited loan purpose was Home Purchase, with 4,104 originations. The 2nd most popular reason was Refi, with 551 originations.
Loan Duration/Length
For 2018, Moria Development's most frequently cited loan duration was 30 Year, with 4,248 originations. The 2nd most popular length was 3 Year, with 276 originations.
Origination Fees/Closing Costs
Moria Development's average total fees were $5,758, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,912 originations.
Interest Rates
During 2018, Moria Development's average interest rate for loans was 5.09%, while their most frequently originated rate bucket for loans was 4-5%, with 2,173 originations.
Loan Sizing
2018 saw Moria Development place emphasis on $200k-400k loans with 1,967 originations, totaling $525,745,000 in origination value.
Applicant Income
Moria Development lent most frequently to those with incomes in the $50k-75k range, with 1,494 originations. The second most popular income band? $50k or less, with 1,207 originations.
Applicant Debt to Income Ratio
Moria Development lent most frequently to those with DTI ratios of 30-36%, with 715 originations. The next most common DTI ratio? 20-30%, with 609 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.32%
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 origination69.33%
Moria Development 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 | 4,813 | $991,945,000 | $206,097 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 69 | $9,745,000 | $141,232 |
| Single Family (1-4 Units):Site-Built | 4,744 | $982,200,000 | $207,040 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Moria Development, Inc. | Conventional home mortgage | Trouble during payment process | 3 | 75.0% |
| Moria Development, Inc. | FHA mortgage | Closing on a mortgage | 1 | 25.0% |