Firstbank

Nashville, TN 37221

LEI: 549300OBO7DOF2KOP535

Tax ID: 62-0198265

2019 Data | 2018 Data


Overview

Firstbank is a small mortgage company specializing in Home Purchase and Refi loans. Firstbank 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 include Nashville, Huntsville, Birmingham, Atlanta, and Phoenix among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Firstbank is typically a low fee lendor.


Originations

16,138

Origination Dollar Volume (All Markets)

$4,013,920,000

Product Mix

Loan Type Originations Total Value Average Loan
Conventional 13,250 $3,380,080,000 $255,100
FHA 1,522 $291,610,000 $191,597
VA 994 $289,040,000 $290,785
USDA 372 $53,190,000 $142,984

Conventional loans are assumed to be 20% downpayment and either fixed/adjustable rate. FHA loans start at 3.5% downpayment and are targeted towards first time homebuyers who will be owner-occupants. USDA loans target agrarian uses such as farms. VA loans are available to members of the military. FHA, USDA and VA loans are typically subsidized by the government so as to have more favorable terms for the borrower.

Loan Reason

Loan Reason Originations Total Value Average Loan
Home Purchase 8,447 $1,862,775,000 $220,525
Home Improvement 187 $13,335,000 $71,310
Other 568 $63,880,000 $112,465
Refi 4,714 $1,437,760,000 $304,998
Cash Out Refi 2,222 $636,170,000 $286,305

Home purchase and refinance loans are typically offered by even the most prudent banks. Cash out refi loans typically carry higher fees-- they allow homeowners to get loans against the equity (appreciated value) of their home, but can be used irresponsibly. Lendors with a high ratio of cash out refi loans may be exposed in the event of an economic downturn, and may be more aggressive with their fee schedules.

Top Markets

Market Originations Total Value Average Loan
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 2,013 $563,605,000 $279,983
Outside of Metro Areas 2,901 $430,765,000 $148,488
HUNTSVILLE, AL 798 $192,740,000 $241,529
BIRMINGHAM-HOOVER, AL 759 $161,985,000 $213,419
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 393 $111,345,000 $283,321
PHOENIX-MESA-CHANDLER, AZ 374 $106,620,000 $285,080
CHATTANOOGA, TN-GA 474 $93,630,000 $197,532
DAPHNE-FAIRHOPE-FOLEY, AL 383 $93,615,000 $244,426
SEATTLE-BELLEVUE-KENT, WA 167 $71,365,000 $427,335
LOS ANGELES-LONG BEACH-GLENDALE, CA 159 $69,925,000 $439,780
CHARLOTTE-CONCORD-GASTONIA, NC-SC 235 $62,685,000 $266,745
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 152 $62,040,000 $408,158
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 135 $58,325,000 $432,037
LAS VEGAS-HENDERSON-PARADISE, NV 205 $58,065,000 $283,244
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 158 $53,160,000 $336,456
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 137 $47,425,000 $346,168
KNOXVILLE, TN 201 $47,245,000 $235,050
DALLAS-PLANO-IRVING, TX 178 $46,330,000 $260,281
SACRAMENTO-ROSEVILLE-FOLSOM, CA 129 $45,725,000 $354,457
DENVER-AURORA-LAKEWOOD, CO 119 $45,205,000 $379,874
ANAHEIM-SANTA ANA-IRVINE, CA 100 $45,020,000 $450,200
OAKLAND-BERKELEY-LIVERMORE, CA 91 $44,445,000 $488,407
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 139 $43,205,000 $310,827
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 147 $40,165,000 $273,231
TUSCALOOSA, AL 198 $36,630,000 $185,000
CHICAGO-NAPERVILLE-EVANSTON, IL 102 $30,840,000 $302,353
AUSTIN-ROUND ROCK-GEORGETOWN, TX 156 $29,810,000 $191,090
SALT LAKE CITY, UT 78 $28,460,000 $364,872
ORLANDO-KISSIMMEE-SANFORD, FL 98 $27,700,000 $282,653
GREENVILLE-ANDERSON, SC 132 $26,880,000 $203,636
JACKSON, TN 181 $25,315,000 $139,862
RALEIGH-CARY, NC 86 $24,120,000 $280,465
NEW BRUNSWICK-LAKEWOOD, NJ 69 $24,045,000 $348,478
RENO, NV 72 $22,830,000 $317,083
TAMPA-ST. PETERSBURG-CLEARWATER, FL 80 $22,790,000 $284,875
MEMPHIS, TN-MS-AR 105 $21,695,000 $206,619
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 44 $21,620,000 $491,364
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 49 $20,235,000 $412,959
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 61 $19,535,000 $320,246
CHARLESTON-NORTH CHARLESTON, SC 71 $18,335,000 $258,239
WARREN-TROY-FARMINGTON HILLS, MI 66 $18,320,000 $277,576
BOISE CITY, ID 60 $17,800,000 $296,667
ROME, GA 109 $17,755,000 $162,890
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 50 $17,170,000 $343,400
TACOMA-LAKEWOOD, WA 49 $17,035,000 $347,653
DALTON, GA 127 $16,915,000 $133,189
ST. LOUIS, MO-IL 59 $16,455,000 $278,898
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 73 $16,205,000 $221,986
FLORENCE-MUSCLE SHOALS, AL 75 $15,055,000 $200,733
NILES, MI 3 $14,865,000 $4,955,000
COLUMBIA, SC 72 $14,810,000 $205,694
CINCINNATI, OH-KY-IN 35 $14,615,000 $417,571
SPARTANBURG, SC 78 $13,500,000 $173,077
RICHMOND, VA 39 $12,945,000 $331,923
NEWARK, NJ-PA 34 $12,740,000 $374,706
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 38 $12,730,000 $335,000
COLUMBUS, GA-AL 108 $12,690,000 $117,500
PROVO-OREM, UT 38 $12,500,000 $328,947
KANSAS CITY, MO-KS 49 $12,095,000 $246,837
INDIANAPOLIS-CARMEL-ANDERSON, IN 41 $11,515,000 $280,854
FORT WORTH-ARLINGTON-GRAPEVINE, TX 46 $11,480,000 $249,565
COLUMBUS, OH 42 $10,830,000 $257,857
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 26 $10,530,000 $405,000
JACKSONVILLE, FL 43 $10,335,000 $240,349
COLORADO SPRINGS, CO 38 $10,080,000 $265,263
AUBURN-OPELIKA, AL 45 $9,965,000 $221,444
OXNARD-THOUSAND OAKS-VENTURA, CA 23 $9,845,000 $428,043
STOCKTON, CA 31 $9,845,000 $317,581
LOUISVILLE/JEFFERSON COUNTY, KY-IN 33 $9,515,000 $288,333
MIAMI-MIAMI BEACH-KENDALL, FL 25 $9,465,000 $378,600
DURHAM-CHAPEL HILL, NC 28 $9,420,000 $336,429
CLARKSVILLE, TN-KY 39 $9,245,000 $237,051
SAN ANTONIO-NEW BRAUNFELS, TX 53 $9,135,000 $172,358
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 19 $9,065,000 $477,105
MORRISTOWN, TN 65 $9,015,000 $138,692
OGDEN-CLEARFIELD, UT 28 $8,940,000 $319,286
MONTGOMERY, AL 46 $8,840,000 $192,174
TUCSON, AZ 36 $8,760,000 $243,333
ALBUQUERQUE, NM 32 $8,460,000 $264,375
JACKSON, MS 53 $8,345,000 $157,453
URBAN HONOLULU, HI 15 $8,335,000 $555,667
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 18 $8,050,000 $447,222
CLEVELAND-ELYRIA, OH 29 $7,785,000 $268,448
CAPE CORAL-FORT MYERS, FL 24 $7,660,000 $319,167
ANCHORAGE, AK 19 $7,645,000 $402,368
NORTH PORT-SARASOTA-BRADENTON, FL 26 $7,510,000 $288,846
SALEM, OR 23 $7,075,000 $307,609
EUGENE-SPRINGFIELD, OR 23 $7,045,000 $306,304
SANTA ROSA-PETALUMA, CA 15 $6,765,000 $451,000
FRESNO, CA 23 $6,665,000 $289,783
MANHATTAN, KS 2 $6,520,000 $3,260,000
ROANOKE, VA 30 $6,490,000 $216,333
VALLEJO, CA 20 $6,450,000 $322,500
ASHEVILLE, NC 21 $6,035,000 $287,381
DECATUR, AL 36 $5,870,000 $163,056
CLEVELAND, TN 35 $5,685,000 $162,429
PITTSBURGH, PA 18 $5,580,000 $310,000
NEW ORLEANS-METAIRIE, LA 20 $5,500,000 $275,000
NASSAU COUNTY-SUFFOLK COUNTY, NY 15 $5,395,000 $359,667
MOBILE, AL 46 $5,390,000 $117,174
PENSACOLA-FERRY PASS-BRENT, FL 20 $5,250,000 $262,500
OLYMPIA-LACEY-TUMWATER, WA 17 $5,245,000 $308,529
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 20 $5,220,000 $261,000
BAKERSFIELD, CA 20 $5,210,000 $260,500
OKLAHOMA CITY, OK 28 $5,210,000 $186,071
GREENSBORO-HIGH POINT, NC 19 $5,145,000 $270,789
GARY, IN 22 $5,130,000 $233,182
MANCHESTER-NASHUA, NH 14 $5,090,000 $363,571
GREELEY, CO 14 $4,990,000 $356,429
LAKE COUNTY-KENOSHA COUNTY, IL-WI 16 $4,990,000 $311,875
PALM BAY-MELBOURNE-TITUSVILLE, FL 20 $4,980,000 $249,000
LAKELAND-WINTER HAVEN, FL 25 $4,975,000 $199,000
SPOKANE-SPOKANE VALLEY, WA 17 $4,915,000 $289,118
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 21 $4,765,000 $226,905
OMAHA-COUNCIL BLUFFS, NE-IA 17 $4,755,000 $279,706
PRESCOTT VALLEY-PRESCOTT, AZ 16 $4,740,000 $296,250
KENNEWICK-RICHLAND, WA 14 $4,710,000 $336,429
BEND, OR 14 $4,630,000 $330,714
LEXINGTON-FAYETTE, KY 18 $4,580,000 $254,444
PANAMA CITY, FL 16 $4,520,000 $282,500
NEW HAVEN-MILFORD, CT 13 $4,265,000 $328,077
MILWAUKEE-WAUKESHA, WI 16 $4,220,000 $263,750
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 16 $4,210,000 $263,125
GADSDEN, AL 31 $4,205,000 $135,645
MODESTO, CA 14 $4,130,000 $295,000
BOWLING GREEN, KY 18 $4,090,000 $227,222
DOTHAN, AL 32 $4,040,000 $126,250
KAHULUI-WAILUKU-LAHAINA, HI 9 $4,015,000 $446,111
ANN ARBOR, MI 14 $4,010,000 $286,429
BOSTON, MA 11 $3,905,000 $355,000
PORTLAND-SOUTH PORTLAND, ME 12 $3,870,000 $322,500
MADISON, WI 11 $3,865,000 $351,364
TULSA, OK 16 $3,850,000 $240,625
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 13 $3,835,000 $295,000
AKRON, OH 14 $3,780,000 $270,000
PHILADELPHIA, PA 12 $3,780,000 $315,000
WINSTON-SALEM, NC 16 $3,770,000 $235,625
WARNER ROBINS, GA 17 $3,745,000 $220,294
MEDFORD, OR 12 $3,720,000 $310,000
GULFPORT-BILOXI, MS 20 $3,650,000 $182,500
DETROIT-DEARBORN-LIVONIA, MI 15 $3,615,000 $241,000
SALINAS, CA 8 $3,590,000 $448,750
COEUR D'ALENE, ID 12 $3,570,000 $297,500
CHICO, CA 12 $3,530,000 $294,167
PROVIDENCE-WARWICK, RI-MA 13 $3,505,000 $269,615
BREMERTON-SILVERDALE-PORT ORCHARD, WA 13 $3,485,000 $268,077
WILMINGTON, DE-MD-NJ 13 $3,455,000 $265,769
HATTIESBURG, MS 32 $3,450,000 $107,813
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 12 $3,380,000 $281,667
BRIDGEPORT-STAMFORD-NORWALK, CT 10 $3,370,000 $337,000
PORT ST. LUCIE, FL 13 $3,305,000 $254,231
VISALIA, CA 14 $3,230,000 $230,714
SAN LUIS OBISPO-PASO ROBLES, CA 8 $3,220,000 $402,500
FORT COLLINS, CO 11 $3,175,000 $288,636
BOULDER, CO 9 $3,165,000 $351,667
GRAND RAPIDS-KENTWOOD, MI 13 $2,895,000 $222,692
BILLINGS, MT 11 $2,845,000 $258,636
BATON ROUGE, LA 11 $2,765,000 $251,364
MACON-BIBB COUNTY, GA 18 $2,690,000 $149,444
ELGIN, IL 9 $2,645,000 $293,889
TALLAHASSEE, FL 12 $2,610,000 $217,500
BELLINGHAM, WA 7 $2,545,000 $363,571
SANTA MARIA-SANTA BARBARA, CA 6 $2,470,000 $411,667
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 11 $2,425,000 $220,455
CAMDEN, NJ 11 $2,425,000 $220,455
WILMINGTON, NC 9 $2,385,000 $265,000
TRENTON-PRINCETON, NJ 7 $2,325,000 $332,143
HARRISBURG-CARLISLE, PA 8 $2,280,000 $285,000
BRUNSWICK, GA 8 $2,260,000 $282,500
HICKORY-LENOIR-MORGANTON, NC 8 $2,190,000 $273,750
MERCED, CA 9 $2,175,000 $241,667
CHARLOTTESVILLE, VA 7 $2,165,000 $309,286
FLAGSTAFF, AZ 6 $2,140,000 $356,667
GAINESVILLE, GA 7 $2,115,000 $302,143
NAPLES-MARCO ISLAND, FL 6 $2,030,000 $338,333
PUNTA GORDA, FL 9 $1,955,000 $217,222
ALBANY-LEBANON, OR 8 $1,950,000 $243,750
OCALA, FL 8 $1,950,000 $243,750
ANNISTON-OXFORD, AL 22 $1,940,000 $88,182
LINCOLN, NE 8 $1,910,000 $238,750
LAKE HAVASU CITY-KINGMAN, AZ 7 $1,905,000 $272,143
HILTON HEAD ISLAND-BLUFFTON, SC 7 $1,885,000 $269,286
LANCASTER, PA 7 $1,875,000 $267,857
ALBANY, GA 11 $1,875,000 $170,455
DAYTON-KETTERING, OH 8 $1,850,000 $231,250
KALAMAZOO-PORTAGE, MI 7 $1,775,000 $253,571
ST. GEORGE, UT 5 $1,745,000 $349,000
TOLEDO, OH 7 $1,685,000 $240,714
LANSING-EAST LANSING, MI 7 $1,655,000 $236,429
OCEAN CITY, NJ 7 $1,645,000 $235,000
THE VILLAGES, FL 6 $1,640,000 $273,333
NAPA, CA 4 $1,590,000 $397,500
SPRINGFIELD, MA 5 $1,585,000 $317,000
MIDLAND, TX 3 $1,555,000 $518,333
LOGAN, UT-ID 6 $1,550,000 $258,333
LAS CRUCES, NM 5 $1,545,000 $309,000
SAVANNAH, GA 9 $1,545,000 $171,667
LAFAYETTE, LA 7 $1,515,000 $216,429
SANTA CRUZ-WATSONVILLE, CA 5 $1,505,000 $301,000
AUGUSTA-RICHMOND COUNTY, GA-SC 8 $1,500,000 $187,500
WENATCHEE, WA 5 $1,495,000 $299,000
TWIN FALLS, ID 4 $1,430,000 $357,500
ATHENS-CLARKE COUNTY, GA 4 $1,430,000 $357,500
LYNCHBURG, VA 8 $1,410,000 $176,250
KINGSPORT-BRISTOL, TN-VA 4 $1,400,000 $350,000
SOUTH BEND-MISHAWAKA, IN-MI 7 $1,385,000 $197,857
HAMMOND, LA 5 $1,375,000 $275,000
FLORENCE, SC 7 $1,375,000 $196,429
MOUNT VERNON-ANACORTES, WA 4 $1,360,000 $340,000
COLUMBUS, IN 9 $1,275,000 $141,667
ELIZABETHTOWN-FORT KNOX, KY 2 $1,150,000 $575,000
VALDOSTA, GA 6 $1,140,000 $190,000
REDDING, CA 5 $1,135,000 $227,000
BURLINGTON-SOUTH BURLINGTON, VT 5 $1,115,000 $223,000
MISSOULA, MT 3 $1,105,000 $368,333
ROCHESTER, MN 4 $1,100,000 $275,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 6 $1,090,000 $181,667
FARGO, ND-MN 5 $1,065,000 $213,000
GAINESVILLE, FL 6 $1,030,000 $171,667
HAGERSTOWN-MARTINSBURG, MD-WV 5 $1,025,000 $205,000
GRANTS PASS, OR 4 $1,000,000 $250,000
SPRINGFIELD, MO 4 $960,000 $240,000
ODESSA, TX 4 $930,000 $232,500
CHEYENNE, WY 3 $925,000 $308,333
YAKIMA, WA 3 $925,000 $308,333
DES MOINES-WEST DES MOINES, IA 5 $915,000 $183,000
SANTA FE, NM 5 $895,000 $179,000
MCALLEN-EDINBURG-MISSION, TX 6 $880,000 $146,667
WICHITA, KS 4 $880,000 $220,000
CORPUS CHRISTI, TX 6 $870,000 $145,000
WINCHESTER, VA-WV 3 $845,000 $281,667
SIERRA VISTA-DOUGLAS, AZ 3 $805,000 $268,333
YORK-HANOVER, PA 3 $785,000 $261,667
LAWRENCE, KS 3 $775,000 $258,333
TYLER, TX 8 $720,000 $90,000
COLLEGE STATION-BRYAN, TX 6 $710,000 $118,333
WORCESTER, MA-CT 3 $695,000 $231,667
KILLEEN-TEMPLE, TX 2 $690,000 $345,000
AMES, IA 2 $690,000 $345,000
CARSON CITY, NV 2 $680,000 $340,000
JOHNSON CITY, TN 4 $680,000 $170,000
IDAHO FALLS, ID 3 $675,000 $225,000
READING, PA 3 $665,000 $221,667
FORT WAYNE, IN 4 $640,000 $160,000
MANKATO, MN 2 $640,000 $320,000
BUFFALO-CHEEKTOWAGA, NY 3 $635,000 $211,667
RACINE, WI 3 $635,000 $211,667
HUNTINGTON-ASHLAND, WV-KY-OH 3 $615,000 $205,000
OWENSBORO, KY 3 $615,000 $205,000
LEWISTON, ID-WA 3 $595,000 $198,333
YUBA CITY, CA 2 $590,000 $295,000
BARNSTABLE TOWN, MA 2 $590,000 $295,000
WACO, TX 2 $580,000 $290,000
MADERA, CA 2 $570,000 $285,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 2 $540,000 $270,000
CORVALLIS, OR 2 $540,000 $270,000
HOUMA-THIBODAUX, LA 2 $520,000 $260,000
GRAND JUNCTION, CO 2 $510,000 $255,000
KINGSTON, NY 2 $500,000 $250,000
SHREVEPORT-BOSSIER CITY, LA 1 $485,000 $485,000
CHARLESTON, WV 3 $475,000 $158,333
ROCHESTER, NY 2 $470,000 $235,000
ROCKY MOUNT, NC 2 $470,000 $235,000
AMARILLO, TX 2 $460,000 $230,000
LA CROSSE-ONALASKA, WI-MN 1 $455,000 $455,000
LAKE CHARLES, LA 2 $450,000 $225,000
BROWNSVILLE-HARLINGEN, TX 3 $445,000 $148,333
MIDLAND, MI 1 $445,000 $445,000
EL CENTRO, CA 1 $435,000 $435,000
GREAT FALLS, MT 3 $425,000 $141,667
PARKERSBURG-VIENNA, WV 1 $425,000 $425,000
SALISBURY, MD-DE 1 $425,000 $425,000
GLENS FALLS, NY 1 $415,000 $415,000
DULUTH, MN-WI 2 $400,000 $200,000
EL PASO, TX 2 $400,000 $200,000
SEBASTIAN-VERO BEACH, FL 1 $395,000 $395,000
JACKSON, MI 1 $395,000 $395,000
GREENVILLE, NC 2 $390,000 $195,000
PEORIA, IL 1 $385,000 $385,000
VICTORIA, TX 3 $385,000 $128,333
GRAND ISLAND, NE 2 $370,000 $185,000
LONGVIEW, WA 1 $365,000 $365,000
GREEN BAY, WI 2 $360,000 $180,000
APPLETON, WI 2 $360,000 $180,000
CARBONDALE-MARION, IL 1 $355,000 $355,000
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 2 $350,000 $175,000
TERRE HAUTE, IN 1 $345,000 $345,000
EAU CLAIRE, WI 1 $345,000 $345,000
ATLANTIC CITY-HAMMONTON, NJ 2 $320,000 $160,000
NEW BERN, NC 1 $315,000 $315,000
KOKOMO, IN 1 $315,000 $315,000
ERIE, PA 1 $305,000 $305,000
TOPEKA, KS 2 $300,000 $150,000
SAGINAW, MI 1 $295,000 $295,000
HANFORD-CORCORAN, CA 1 $295,000 $295,000
CANTON-MASSILLON, OH 1 $295,000 $295,000
LAREDO, TX 1 $285,000 $285,000
SIOUX FALLS, SD 1 $285,000 $285,000
DOVER, DE 1 $285,000 $285,000
FORT SMITH, AR-OK 1 $275,000 $275,000
BAY CITY, MI 2 $270,000 $135,000
BANGOR, ME 2 $260,000 $130,000
ABILENE, TX 1 $255,000 $255,000
GRAND FORKS, ND-MN 2 $250,000 $125,000
WATERTOWN-FORT DRUM, NY 1 $245,000 $245,000
LUBBOCK, TX 1 $225,000 $225,000
JACKSONVILLE, NC 1 $225,000 $225,000
FAIRBANKS, AK 1 $225,000 $225,000
CASPER, WY 1 $215,000 $215,000
STAUNTON, VA 1 $215,000 $215,000
FLINT, MI 1 $215,000 $215,000
ALBANY-SCHENECTADY-TROY, NY 1 $215,000 $215,000
ROCKFORD, IL 1 $215,000 $215,000
NORWICH-NEW LONDON, CT 1 $215,000 $215,000
HINESVILLE, GA 2 $210,000 $105,000
BURLINGTON, NC 1 $205,000 $205,000
PUEBLO, CO 1 $205,000 $205,000
CHAMPAIGN-URBANA, IL 1 $205,000 $205,000
MICHIGAN CITY-LA PORTE, IN 1 $205,000 $205,000
FARMINGTON, NM 1 $195,000 $195,000
GETTYSBURG, PA 1 $195,000 $195,000
WHEELING, WV-OH 1 $175,000 $175,000
JONESBORO, AR 1 $175,000 $175,000
RAPID CITY, SD 1 $165,000 $165,000
OSHKOSH-NEENAH, WI 1 $165,000 $165,000
FAYETTEVILLE, NC 1 $155,000 $155,000
LEWISTON-AUBURN, ME 1 $145,000 $145,000
BLOOMINGTON, IN 1 $145,000 $145,000
SCRANTON--WILKES-BARRE, PA 1 $135,000 $135,000
HOMOSASSA SPRINGS, FL 1 $135,000 $135,000
CEDAR RAPIDS, IA 1 $135,000 $135,000
SAN ANGELO, TX 1 $135,000 $135,000
HARRISONBURG, VA 1 $125,000 $125,000
MONROE, MI 1 $125,000 $125,000
PITTSFIELD, MA 1 $125,000 $125,000
WEIRTON-STEUBENVILLE, WV-OH 1 $115,000 $115,000
BLACKSBURG-CHRISTIANSBURG, VA 1 $105,000 $105,000
MUSKEGON, MI 3 $85,000 $28,333
LONGVIEW, TX 1 $85,000 $85,000
ELKHART-GOSHEN, IN 3 $85,000 $28,333
WILLIAMSPORT, PA 1 $75,000 $75,000
SIOUX CITY, IA-NE-SD 2 $50,000 $25,000
DUBUQUE, IA 1 $35,000 $35,000
SPRINGFIELD, IL 1 $15,000 $15,000

Lendors vary in competitiveness at the per market level-- meaning they may have better terms, deals or promotions based on the mortgaged property's location.

Interest Rate & Spreads

Loan Rate Originations Total Value Average Loan
<2.5% 36 $680,000 $18,889
2.5-3% 425 $150,825,000 $354,882
3-4% 7,640 $2,350,060,000 $307,599
4-5% 4,978 $1,131,600,000 $227,320
5-6% 1,246 $214,130,000 $171,854
6-7% 774 $107,790,000 $139,264
7-8% 379 $22,855,000 $60,303
Over 8% 649 $35,415,000 $54,569

Loan Sizing

Loan Size Originations Total Value Average Loan
$100,000 or less 2,737 $152,015,000 $55,541
$100k-200k 3,974 $606,850,000 $152,705
$200k-400k 7,091 $2,040,535,000 $287,764
$400k-600k 2,024 $934,750,000 $461,833
$600k-1000k 263 $186,155,000 $707,814
$Over $1MM 49 $93,615,000 $1,910,510

Different banks have different objectives. Some banks focus solely on high net worth individuals. Others focus on FHA loans for lower income applicants. Knowing what a bank specializes in allows better optimization given the applicant's financial situation.

LTV Distribution

Loan to Value Originations Total Value Average Loan
20-40% 732 $120,020,000 $163,962
40-60% 1,718 $459,530,000 $267,480
60-80% 5,505 $1,596,235,000 $289,961
80-100% 7,431 $1,734,125,000 $233,364
Over 100% 226 $52,020,000 $230,177
Under 20% 512 $23,720,000 $46,328

LTV, or loan-to-value, is the amount loaned relative to a home's value. Lower LTV lending implies a larger downpayment-- reducing risk to the lendor. FHA loans will nearly always have a higher LTV due to the lower downpayment requirements. Higher LTVs may also mean a bank is charging higher fees or interest rates to compensate for their risk exposure.

Applicant Income

Applicant Income Originations Total Value Average Loan
$100k-150k 3,850 $1,150,510,000 $298,834
$150k-250k 2,508 $870,480,000 $347,081
$50k-75k 3,227 $584,285,000 $181,061
$50k-or less 2,766 $297,390,000 $107,516
$75k-100k 2,633 $631,835,000 $239,968
$Over $250k 811 $350,045,000 $431,621

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan
White 11,798 $2,795,820,000 $236,974
Not provided 2,266 $634,410,000 $279,969
Asian 873 $296,125,000 $339,204
Black 872 $154,820,000 $177,546
Not applicable 128 $68,800,000 $537,500
Asian Indian 80 $30,000,000 $375,000
American Indian 72 $18,250,000 $253,472
Other Asian 17 $6,275,000 $369,118
Native Hawaiian 11 $3,135,000 $285,000
Chinese 8 $2,740,000 $342,500
Vietnamese 5 $1,905,000 $381,000
Korean 3 $805,000 $268,333
Guamanian 1 $275,000 $275,000
Japanese 1 $235,000 $235,000
Filipino 1 $205,000 $205,000
Other Pacific Islander 1 $85,000 $85,000
1 $35,000 $35,000

Approval Rates

Total approvals of all applications
84.44%

A high approval rate means banks are more selective in who they market to or that they are loosey-goosey with who they lend to. Low approval rates may mean a lendor is more stringent in their lending standards.

Pick Rate

Approvals leading to origination
64.29%

A bank's pick rate is how often they are chosen by an applicant once approved. A high pick rate typically means the bank has some sort of advantage-- either the best terms (rates/fees), fastest closing time or even the best customer service. Banks with <75% pick rate may need further investigation as to why they are not more competitive.

Points and Fees

Points Originations Total Value Average Loan
0.0 7 $295,000 $42,143
1003.47 1 $55,000 $55,000
1003.93 1 $35,000 $35,000
1006.58 1 $35,000 $35,000
1007.23 1 $55,000 $55,000
1008.17 1 $35,000 $35,000
1008.98 1 $35,000 $35,000
1015.13 1 $55,000 $55,000
1021.2 1 $55,000 $55,000
1026.06 1 $55,000 $55,000
1032.13 1 $35,000 $35,000
1032.25 1 $55,000 $55,000
1034.55 1 $35,000 $35,000
1035.97 1 $55,000 $55,000
1037.53 1 $55,000 $55,000
1037.7 1 $35,000 $35,000
1038.13 1 $55,000 $55,000
1042.17 1 $25,000 $25,000
1048.6 1 $55,000 $55,000
1051.72 1 $55,000 $55,000
1055.55 1 $55,000 $55,000
1056.36 1 $55,000 $55,000
1058.07 1 $25,000 $25,000
1060.52 1 $55,000 $55,000
1071.71 1 $35,000 $35,000
1075.95 1 $55,000 $55,000
1077.27 1 $35,000 $35,000
1078.3 1 $55,000 $55,000
1078.89 1 $55,000 $55,000
1080.05 1 $35,000 $35,000
1085.15 1 $55,000 $55,000
1087.33 1 $35,000 $35,000
1087.48 1 $55,000 $55,000
1097.4 1 $55,000 $55,000
1099.18 1 $35,000 $35,000
1100.28 1 $55,000 $55,000
1102.49 1 $55,000 $55,000
1110.73 1 $55,000 $55,000
1111.79 1 $35,000 $35,000
1112.53 1 $55,000 $55,000
1115.77 1 $55,000 $55,000
1117.09 1 $55,000 $55,000
1121.61 1 $35,000 $35,000
1122.92 1 $55,000 $55,000
1135.97 1 $55,000 $55,000
1144.13 1 $55,000 $55,000
1144.65 1 $35,000 $35,000
1149.16 1 $55,000 $55,000
1153.1 1 $65,000 $65,000
1155.04 1 $45,000 $45,000
1160.55 1 $45,000 $45,000
1163.08 1 $65,000 $65,000
1165.04 1 $65,000 $65,000
1165.54 1 $45,000 $45,000
1167.84 1 $65,000 $65,000
1175.73 1 $65,000 $65,000
1178.25 1 $45,000 $45,000
1179.27 1 $65,000 $65,000
1180.42 1 $65,000 $65,000
1188.34 1 $65,000 $65,000
1189.79 1 $35,000 $35,000
1199.62 1 $45,000 $45,000
1205.96 1 $65,000 $65,000
1214.11 1 $45,000 $45,000
1214.17 1 $35,000 $35,000
1217.36 1 $45,000 $45,000
1218.13 1 $35,000 $35,000
1221.33 1 $45,000 $45,000
1225.21 1 $25,000 $25,000
1226.1 1 $45,000 $45,000
1227.47 1 $25,000 $25,000
1229.35 1 $45,000 $45,000
1232.23 1 $45,000 $45,000
1233.36 1 $65,000 $65,000
1237.07 1 $65,000 $65,000
1241.66 1 $65,000 $65,000
1242.47 1 $45,000 $45,000
1242.9 1 $45,000 $45,000
1245.93 1 $45,000 $45,000
1248.5 1 $65,000 $65,000
1252.57 1 $65,000 $65,000
1254.53 1 $65,000 $65,000
1255.15 1 $35,000 $35,000
1257.11 1 $45,000 $45,000
1257.53 1 $45,000 $45,000
1259.82 1 $45,000 $45,000
1262.1 1 $65,000 $65,000
1265.59 1 $45,000 $45,000
1267.37 1 $45,000 $45,000
1270.98 1 $45,000 $45,000
1273.32 1 $35,000 $35,000
1274.27 1 $35,000 $35,000
1276.77 1 $35,000 $35,000
1284.56 1 $65,000 $65,000
1286.29 1 $35,000 $35,000
1290.48 1 $35,000 $35,000
1291.63 1 $45,000 $45,000
1300.59 1 $35,000 $35,000
1306.19 1 $65,000 $65,000
1306.63 1 $65,000 $65,000
1310.64 1 $45,000 $45,000
1314.03 1 $65,000 $65,000
1319.05 1 $75,000 $75,000
1319.75 1 $35,000 $35,000
1326.36 1 $65,000 $65,000
1327.18 1 $65,000 $65,000
1336.49 1 $65,000 $65,000
1338.59 1 $35,000 $35,000
1339.89 1 $65,000 $65,000
1353.81 1 $75,000 $75,000
1354.46 1 $45,000 $45,000
1354.59 1 $45,000 $45,000
1356.24 1 $75,000 $75,000
1360.26 1 $75,000 $75,000
1363.06 1 $45,000 $45,000
1363.93 1 $35,000 $35,000
1363.97 1 $35,000 $35,000
1365.1 1 $75,000 $75,000
1373.31 1 $75,000 $75,000
1374.38 1 $75,000 $75,000
1375.62 1 $45,000 $45,000
1379.47 1 $35,000 $35,000
1388.32 1 $35,000 $35,000
1389.04 1 $35,000 $35,000
1398.13 1 $75,000 $75,000
1403.87 1 $75,000 $75,000
1408.78 1 $35,000 $35,000
1409.48 1 $35,000 $35,000
1411.94 1 $35,000 $35,000
1413.08 1 $55,000 $55,000
1414.65 1 $35,000 $35,000
1416.27 1 $55,000 $55,000
1418.86 1 $35,000 $35,000
1420.64 1 $35,000 $35,000
1425.85 1 $55,000 $55,000
1431.07 1 $45,000 $45,000
1436.07 1 $55,000 $55,000
1436.98 1 $45,000 $45,000
1443.59 1 $55,000 $55,000
1452.65 1 $35,000 $35,000
1453.45 1 $35,000 $35,000
1456.82 1 $55,000 $55,000
1458.35 1 $55,000 $55,000
1462.53 1 $75,000 $75,000
1464.63 1 $35,000 $35,000
1466.82 1 $35,000 $35,000
1469.0 1 $35,000 $35,000
1469.06 1 $55,000 $55,000
1472.1 1 $35,000 $35,000
1472.13 1 $35,000 $35,000
1478.2 1 $75,000 $75,000
1481.99 1 $75,000 $75,000
1482.98 1 $55,000 $55,000
1487.35 1 $55,000 $55,000
1495.24 1 $55,000 $55,000
1495.3 1 $45,000 $45,000
1497.3 1 $45,000 $45,000
150.0 2 $90,000 $45,000
1500.09 1 $45,000 $45,000
1500.12 1 $75,000 $75,000
1502.48 1 $55,000 $55,000
1503.35 1 $55,000 $55,000
1504.51 1 $45,000 $45,000
1504.64 1 $45,000 $45,000
1504.73 1 $45,000 $45,000
1517.7 1 $45,000 $45,000
1520.25 1 $75,000 $75,000
1521.58 1 $35,000 $35,000
1526.87 1 $75,000 $75,000
1529.03 1 $55,000 $55,000
1529.95 1 $45,000 $45,000
1532.25 1 $55,000 $55,000
1534.48 1 $55,000 $55,000
1535.92 1 $45,000 $45,000
1540.64 1 $55,000 $55,000
1545.99 1 $45,000 $45,000
1550.95 1 $85,000 $85,000
1555.41 1 $45,000 $45,000
1559.77 1 $55,000 $55,000
1562.52 1 $55,000 $55,000
1567.86 1 $85,000 $85,000
1568.54 1 $55,000 $55,000
1569.58 1 $45,000 $45,000
1569.69 1 $55,000 $55,000
1569.93 1 $55,000 $55,000
1572.27 1 $45,000 $45,000
1572.46 1 $45,000 $45,000
1573.67 1 $85,000 $85,000
1579.97 1 $55,000 $55,000
1583.16 1 $45,000 $45,000
1583.74 1 $45,000 $45,000
1589.65 1 $55,000 $55,000
1591.79 1 $45,000 $45,000
1592.37 1 $85,000 $85,000
1593.31 1 $55,000 $55,000
1593.38 1 $85,000 $85,000
1597.09 1 $55,000 $55,000
1598.99 1 $55,000 $55,000
1599.13 1 $45,000 $45,000
1601.54 1 $55,000 $55,000
1609.6 1 $55,000 $55,000
1610.99 1 $55,000 $55,000
1618.52 1 $85,000 $85,000
1621.18 1 $45,000 $45,000
1621.81 1 $45,000 $45,000
1625.33 1 $55,000 $55,000
1626.67 1 $55,000 $55,000
1627.72 1 $45,000 $45,000
1635.2 1 $45,000 $45,000
1635.89 1 $45,000 $45,000
1637.32 1 $35,000 $35,000
1637.99 1 $45,000 $45,000
1639.34 1 $35,000 $35,000
1640.55 1 $85,000 $85,000
1641.75 1 $85,000 $85,000
1642.59 1 $45,000 $45,000
1644.33 1 $55,000 $55,000
1645.82 1 $45,000 $45,000
1646.78 1 $55,000 $55,000
1651.9 1 $55,000 $55,000
1658.79 1 $55,000 $55,000
1662.0 1 $85,000 $85,000
1666.12 1 $45,000 $45,000
1671.29 1 $55,000 $55,000
1671.58 1 $45,000 $45,000
1676.65 1 $45,000 $45,000
1680.89 1 $85,000 $85,000
1681.34 1 $55,000 $55,000
1683.13 1 $55,000 $55,000
1686.41 1 $55,000 $55,000
1688.01 1 $55,000 $55,000
1688.35 1 $45,000 $45,000
1689.11 1 $85,000 $85,000
1695.12 1 $55,000 $55,000
1695.3 1 $55,000 $55,000
1699.18 1 $45,000 $45,000
1700.88 1 $85,000 $85,000
1701.35 1 $45,000 $45,000
1706.76 1 $45,000 $45,000
1711.22 1 $55,000 $55,000
1716.15 1 $45,000 $45,000
1730.32 1 $45,000 $45,000
1730.64 1 $85,000 $85,000
1732.91 1 $95,000 $95,000
1734.15 1 $45,000 $45,000
1736.42 1 $45,000 $45,000
1742.11 1 $85,000 $85,000
1742.29 1 $45,000 $45,000
1743.58 1 $45,000 $45,000
1754.27 1 $45,000 $45,000
1754.81 1 $65,000 $65,000
1755.44 1 $85,000 $85,000
1756.97 1 $65,000 $65,000
1760.02 1 $45,000 $45,000
1760.15 1 $45,000 $45,000
1760.25 1 $45,000 $45,000
1761.92 1 $95,000 $95,000
1763.39 1 $45,000 $45,000
1763.41 1 $95,000 $95,000
1763.76 1 $45,000 $45,000
1766.54 1 $65,000 $65,000
1768.15 1 $45,000 $45,000
1770.05 1 $95,000 $95,000
1771.76 1 $45,000 $45,000
1773.07 1 $45,000 $45,000
1775.69 1 $45,000 $45,000
1777.41 1 $65,000 $65,000
1779.68 1 $65,000 $65,000
1779.72 1 $65,000 $65,000
1781.7 1 $65,000 $65,000
1792.5 1 $65,000 $65,000
1796.1 1 $45,000 $45,000
1798.57 1 $95,000 $95,000
1805.57 1 $45,000 $45,000
1806.01 1 $65,000 $65,000
1807.06 1 $45,000 $45,000
1810.25 1 $45,000 $45,000
1813.59 1 $95,000 $95,000
1814.13 1 $65,000 $65,000
1820.72 1 $45,000 $45,000
1829.84 1 $45,000 $45,000
1830.43 1 $45,000 $45,000
1831.08 1 $65,000 $65,000
1832.47 1 $45,000 $45,000
1836.35 1 $45,000 $45,000
1840.8 1 $45,000 $45,000
1841.52 1 $95,000 $95,000
1845.35 1 $65,000 $65,000
1845.98 1 $65,000 $65,000
1846.73 1 $45,000 $45,000
1850.61 1 $65,000 $65,000
1853.35 1 $45,000 $45,000
1854.39 1 $45,000 $45,000
1857.88 1 $55,000 $55,000
1858.12 1 $55,000 $55,000
1863.27 1 $45,000 $45,000
1866.45 1 $55,000 $55,000
1870.06 1 $65,000 $65,000
1872.55 1 $45,000 $45,000
1875.06 1 $45,000 $45,000
1881.63 1 $65,000 $65,000
1883.79 1 $55,000 $55,000
1887.19 1 $55,000 $55,000
1889.03 1 $65,000 $65,000
1892.68 1 $65,000 $65,000
1904.48 1 $95,000 $95,000
1908.87 1 $55,000 $55,000
1909.98 1 $55,000 $55,000
1914.84 1 $55,000 $55,000
1916.27 1 $55,000 $55,000
1922.59 1 $65,000 $65,000
1942.92 1 $65,000 $65,000
1943.47 1 $45,000 $45,000
194.52 1 $25,000 $25,000
1945.25 1 $55,000 $55,000
1947.34 1 $55,000 $55,000
1947.65 1 $55,000 $55,000
195.0 3 $35,000 $11,667
1951.82 1 $45,000 $45,000
1951.96 1 $105,000 $105,000
1951.98 1 $55,000 $55,000
1958.25 1 $55,000 $55,000
1961.65 1 $55,000 $55,000
1963.92 1 $55,000 $55,000
1965.02 1 $55,000 $55,000
1968.05 1 $55,000 $55,000
1969.78 1 $65,000 $65,000
1984.34 1 $55,000 $55,000
1984.55 1 $55,000 $55,000
1985.49 1 $55,000 $55,000
1991.59 1 $55,000 $55,000
1999.45 1 $55,000 $55,000
2004.56 1 $55,000 $55,000
2006.51 1 $65,000 $65,000
2012.48 1 $75,000 $75,000
2013.48 1 $55,000 $55,000
2019.63 1 $75,000 $75,000
2026.9 1 $75,000 $75,000
2038.6 1 $75,000 $75,000
2048.51 1 $75,000 $75,000
2054.75 1 $55,000 $55,000
2067.15 1 $55,000 $55,000
2068.16 1 $75,000 $75,000
2068.53 1 $55,000 $55,000
2074.29 1 $75,000 $75,000
207.84 1 $25,000 $25,000
2082.65 1 $75,000 $75,000
2083.42 1 $75,000 $75,000
2090.7 1 $55,000 $55,000
2100.96 1 $55,000 $55,000
2105.46 1 $75,000 $75,000
2105.78 1 $55,000 $55,000
2111.87 1 $55,000 $55,000
2113.62 1 $55,000 $55,000
2119.63 1 $75,000 $75,000
2121.8 1 $55,000 $55,000
2123.67 1 $105,000 $105,000
2126.29 1 $55,000 $55,000
2127.99 1 $75,000 $75,000
2128.54 1 $55,000 $55,000
2146.1 1 $55,000 $55,000
2149.53 1 $55,000 $55,000
2159.2 1 $115,000 $115,000
2160.67 1 $75,000 $75,000
216.4 1 $15,000 $15,000
2166.09 1 $55,000 $55,000
2173.9 1 $55,000 $55,000
2176.02 1 $55,000 $55,000
217.83 1 $25,000 $25,000
2182.59 1 $55,000 $55,000
2185.38 1 $55,000 $55,000
2186.52 1 $75,000 $75,000
2201.37 1 $55,000 $55,000
2203.69 1 $65,000 $65,000
2205.99 1 $55,000 $55,000
2209.03 1 $55,000 $55,000
2210.73 1 $75,000 $75,000
2217.14 1 $75,000 $75,000
2223.11 1 $115,000 $115,000
223.82 1 $25,000 $25,000
2240.36 1 $75,000 $75,000
2248.43 1 $75,000 $75,000
2253.34 1 $65,000 $65,000
2260.94 1 $75,000 $75,000
2261.8 1 $55,000 $55,000
2262.82 1 $55,000 $55,000
2267.29 1 $65,000 $65,000
2273.59 1 $55,000 $55,000
2273.79 2 $150,000 $75,000
2276.77 1 $65,000 $65,000
2277.82 1 $65,000 $65,000
2282.34 1 $65,000 $65,000
2310.54 1 $85,000 $85,000
2312.04 1 $65,000 $65,000
2323.74 1 $85,000 $85,000
2324.8 1 $85,000 $85,000
2325.53 1 $65,000 $65,000
2329.3 1 $65,000 $65,000
2332.21 1 $65,000 $65,000
2332.99 1 $85,000 $85,000
2335.35 1 $65,000 $65,000
2339.17 1 $65,000 $65,000
2346.76 1 $55,000 $55,000
2347.81 1 $85,000 $85,000
2348.13 1 $65,000 $65,000
2349.23 1 $85,000 $85,000
2353.43 1 $85,000 $85,000
2357.43 1 $125,000 $125,000
2366.61 1 $85,000 $85,000
2376.83 1 $65,000 $65,000
2376.88 1 $65,000 $65,000
2380.71 1 $65,000 $65,000
2380.89 1 $65,000 $65,000
2385.23 1 $65,000 $65,000
2387.8 1 $65,000 $65,000
2389.46 1 $125,000 $125,000
2392.55 1 $65,000 $65,000
2399.09 1 $65,000 $65,000
2400.08 1 $65,000 $65,000
2405.35 1 $85,000 $85,000
2416.83 1 $65,000 $65,000
2420.98 1 $65,000 $65,000
2422.53 1 $65,000 $65,000
2455.6 1 $65,000 $65,000
2456.22 1 $65,000 $65,000
2463.44 1 $65,000 $65,000
2477.94 1 $125,000 $125,000
2484.56 1 $125,000 $125,000
2525.99 1 $65,000 $65,000
2533.24 1 $65,000 $65,000
2534.72 1 $65,000 $65,000
2541.14 1 $65,000 $65,000
2559.82 1 $85,000 $85,000
2586.29 1 $65,000 $65,000
2592.92 1 $95,000 $95,000
259.3 1 $25,000 $25,000
2598.39 1 $65,000 $65,000
2629.04 1 $65,000 $65,000
2633.7 1 $75,000 $75,000
2670.33 1 $95,000 $95,000
2692.76 1 $65,000 $65,000
2709.47 1 $135,000 $135,000
2714.71 1 $95,000 $95,000
2728.15 1 $75,000 $75,000
2800.6 1 $75,000 $75,000
2810.6 1 $75,000 $75,000
2829.89 1 $75,000 $75,000
2831.12 1 $95,000 $95,000
2837.92 1 $85,000 $85,000
2856.17 1 $85,000 $85,000
2856.54 1 $95,000 $95,000
2860.89 1 $75,000 $75,000
2863.51 1 $105,000 $105,000
286.56 1 $35,000 $35,000
288.1 1 $25,000 $25,000
296.55 1 $15,000 $15,000
2968.64 1 $85,000 $85,000
2978.25 1 $75,000 $75,000
2988.87 1 $75,000 $75,000
2999.01 1 $75,000 $75,000
299.97 1 $35,000 $35,000
3006.1 1 $155,000 $155,000
302.62 1 $15,000 $15,000
3034.67 1 $85,000 $85,000
3036.13 1 $85,000 $85,000
3058.89 1 $85,000 $85,000
3059.06 1 $85,000 $85,000
3071.5 1 $95,000 $95,000
3154.1 1 $165,000 $165,000
317.15 1 $35,000 $35,000
319.64 1 $35,000 $35,000
333.13 1 $35,000 $35,000
341.97 1 $35,000 $35,000
3527.52 1 $135,000 $135,000
353.26 1 $15,000 $15,000
355.27 1 $35,000 $35,000
356.26 1 $35,000 $35,000
356.99 1 $15,000 $15,000
3765.0 1 $145,000 $145,000
377.56 1 $35,000 $35,000
410.99 1 $45,000 $45,000
423.68 1 $45,000 $45,000
424.58 1 $25,000 $25,000
426.27 1 $45,000 $45,000
468.7 1 $25,000 $25,000
469.18 1 $45,000 $45,000
483.1 1 $25,000 $25,000
495.32 1 $55,000 $55,000
503.72 1 $15,000 $15,000
505.95 1 $25,000 $25,000
507.88 1 $25,000 $25,000
508.46 1 $15,000 $15,000
512.72 1 $55,000 $55,000
515.2 1 $15,000 $15,000
526.59 1 $55,000 $55,000
538.26 1 $25,000 $25,000
542.91 1 $15,000 $15,000
550.0 1 $105,000 $105,000
551.32 1 $15,000 $15,000
561.64 1 $25,000 $25,000
563.37 1 $25,000 $25,000
569.35 1 $55,000 $55,000
580.7 1 $55,000 $55,000
589.86 1 $25,000 $25,000
622.6 1 $35,000 $35,000
632.55 1 $65,000 $65,000
634.52 1 $35,000 $35,000
634.53 1 $35,000 $35,000
634.83 1 $35,000 $35,000
638.13 1 $35,000 $35,000
639.72 1 $35,000 $35,000
645.0 1 $25,000 $25,000
658.2 1 $35,000 $35,000
663.7 1 $35,000 $35,000
665.18 1 $15,000 $15,000
667.88 1 $35,000 $35,000
668.58 1 $35,000 $35,000
669.84 1 $35,000 $35,000
677.69 1 $25,000 $25,000
681.04 1 $35,000 $35,000
685.28 1 $15,000 $15,000
691.85 1 $35,000 $35,000
697.25 1 $35,000 $35,000
697.54 1 $35,000 $35,000
699.08 1 $75,000 $75,000
713.88 1 $35,000 $35,000
717.5 1 $35,000 $35,000
718.6 1 $15,000 $15,000
738.34 1 $25,000 $25,000
738.56 1 $35,000 $35,000
743.94 1 $35,000 $35,000
745.26 1 $25,000 $25,000
750.29 1 $25,000 $25,000
755.5 1 $35,000 $35,000
759.5 1 $35,000 $35,000
762.24 1 $35,000 $35,000
764.94 1 $35,000 $35,000
775.74 1 $45,000 $45,000
776.33 1 $45,000 $45,000
780.12 1 $45,000 $45,000
789.66 1 $45,000 $45,000
790.07 1 $45,000 $45,000
790.54 1 $25,000 $25,000
800.0 148 $5,240,000 $35,405
805.3 1 $45,000 $45,000
805.49 1 $45,000 $45,000
811.56 1 $45,000 $45,000
815.75 1 $45,000 $45,000
825.13 1 $25,000 $25,000
850.3 1 $45,000 $45,000
851.71 1 $45,000 $45,000
851.84 1 $25,000 $25,000
863.83 1 $35,000 $35,000
870.58 1 $45,000 $45,000
875.3 1 $45,000 $45,000
875.56 1 $45,000 $45,000
881.94 1 $45,000 $45,000
883.06 1 $35,000 $35,000
883.24 1 $35,000 $35,000
886.56 1 $45,000 $45,000
900.0 1 $35,000 $35,000
902.49 1 $35,000 $35,000
910.07 1 $45,000 $45,000
916.21 1 $35,000 $35,000
918.16 1 $35,000 $35,000
924.56 1 $35,000 $35,000
930.7 1 $45,000 $45,000
932.61 1 $35,000 $35,000
942.94 1 $25,000 $25,000
950.0 101 $6,965,000 $68,960
952.58 1 $45,000 $45,000
953.84 1 $35,000 $35,000
957.64 1 $45,000 $45,000
969.69 1 $55,000 $55,000
969.75 1 $55,000 $55,000
971.07 1 $55,000 $55,000
972.08 1 $55,000 $55,000
984.5 1 $25,000 $25,000
991.91 1 $55,000 $55,000
999.27 1 $55,000 $55,000
NA 15,301 $3,969,665,000 $259,438

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 9,133 $2,612,935,000 $286,098
$1k-2k 2,052 $460,280,000 $224,308
$2k-3k 1,254 $259,290,000 $206,770
$3k-4k 822 $231,350,000 $281,448
$5k+ 217 $95,345,000 $439,378

Banks make money on their float/interest spread (fees charged to borrowers vs fees they pay for their capital), for servicing loans, as well as charging origination fees when a loan is disbursed. Modern low-cost efficient lendors can have fees totaling less than $500 for many mortgages-- as low as $250 in some cases. Average lendors will be in the $1k-2k range and high cost lendors will be even more. The costs incurred by the bank will be similar no matter the loan amount, so this is to be viewed as a profit center for most banks.

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Manufactured 18 $42,910,000 $2,383,889
Multifamily:Site-Built 23 $12,305,000 $535,000
Single Family (1-4 Units):Manufactured 1,088 $60,240,000 $55,368
Single Family (1-4 Units):Site-Built 15,009 $3,898,465,000 $259,742