Belem Servicing Mortgage Rates, Fees & Info

SAINT GEORGE, UT

LEI: 549300OHLAHJ10DFF198

Tax ID: 26-1747501

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Belem Servicing is a smaller mortgage company specializing in Refi and Home Purchase loans. Belem Servicing has a high proportion of conventional 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: St. George, Las Vegas, Phoenix, Provo, and Salt Lake City among others. We have data for 147 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Belem Servicing 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. Belem Servicing 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.

    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 6.67% 4/18/24
    30 Year Conventional Refi 6.74% 4/18/24
    30 Year Cash-out Refi 6.89% 4/18/24
    30 Year FHA Purchase 7.63% 4/18/24
    30 Year FHA Refi 7.09% 4/18/24
    30 Year VA Purchase 6.45% 4/18/24
    30 Year VA Refi 6.08% 4/18/24
    15 Year Conventional Purchase 6.72% 4/18/24
    15 Year Conventional Refi 7.06% 4/18/24
    15 Year Cash-out Refi 7.06% 4/18/24
    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.

    Belem Servicing Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Belem Servicing. 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

    1,141

    Origination Dollar Volume (All Markets)

    $320,395,000
    Show all (9) awards

    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
    ST. GEORGE, UT (FHA|USDA|VA) 475 $142,385,000 $299,758 $4,696 3.14%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 61 $16,205,000 $265,656 $5,743 2.95%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 46 $12,280,000 $266,957 $4,702 2.91%
    PROVO-OREM, UT (FHA|USDA|VA) 37 $11,195,000 $302,568 $4,344 3.02%
    SALT LAKE CITY, UT (FHA|USDA|VA) 35 $10,815,000 $309,000 $4,950 2.97%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 17 $7,005,000 $412,059 $6,452 2.74%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 22 $6,030,000 $274,091 $5,081 3.01%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 14 $4,710,000 $336,429 $4,693 3.01%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 16 $4,070,000 $254,375 $5,064 2.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 14 $3,990,000 $285,000 $6,561 3.29%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 12 $3,920,000 $326,667 $5,401 2.84%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $3,905,000 $433,889 $8,245 2.74%
    Cedar City, UT (FHA|USDA|VA) 15 $3,635,000 $242,333 $4,682 2.96%
    Outside of Metro Areas 17 $3,475,000 $204,412 $3,937 2.92%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 13 $3,405,000 $261,923 $4,721 2.73%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 9 $2,785,000 $309,444 $7,590 2.88%
    TUCSON, AZ (FHA|USDA|VA) 11 $2,515,000 $228,636 $3,566 2.81%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $2,450,000 $306,250 $8,743 2.94%
    ALBUQUERQUE, NM (FHA|USDA|VA) 10 $2,400,000 $240,000 $5,755 2.72%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 8 $2,330,000 $291,250 $5,835 3.02%
    FAYETTEVILLE, NC (FHA|USDA|VA) 11 $2,195,000 $199,545 $3,854 2.82%
    BOISE CITY, ID (FHA|USDA|VA) 8 $2,180,000 $272,500 $4,520 2.66%
    Heber, UT (FHA|USDA|VA) 5 $2,115,000 $423,000 $6,882 3.25%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $1,605,000 $321,000 $6,102 2.78%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $1,595,000 $227,857 $4,195 2.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,525,000 $217,857 $5,553 2.59%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $1,460,000 $243,333 $3,556 2.67%
    LAS CRUCES, NM (FHA|USDA|VA) 5 $1,455,000 $291,000 $7,237 3.00%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 6 $1,430,000 $238,333 $4,329 2.63%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,400,000 $350,000 $4,433 2.81%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,385,000 $461,667 $7,085 2.83%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,385,000 $277,000 $5,174 2.77%
    RENO, NV (FHA|USDA|VA) 5 $1,365,000 $273,000 $5,084 2.93%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $1,285,000 $257,000 $6,525 2.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,235,000 $247,000 $4,976 3.13%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,165,000 $233,000 $4,077 2.80%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,140,000 $285,000 $5,081 2.63%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,140,000 $190,000 $3,822 2.63%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,130,000 $282,500 $4,930 2.63%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,377 2.88%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $950,000 $237,500 $5,046 2.56%
    RALEIGH-CARY, NC (FHA|USDA|VA) 4 $930,000 $232,500 $4,436 2.66%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $895,000 $179,000 $3,962 2.53%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $870,000 $217,500 $3,646 2.88%
    SALEM, OR (FHA|USDA|VA) 3 $865,000 $288,333 $5,770 3.08%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $850,000 $425,000 $3,197 2.38%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $840,000 $210,000 $5,000 2.75%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $790,000 $197,500 $4,889 3.28%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $790,000 $395,000 $2,593 2.63%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $780,000 $390,000 $5,568 2.50%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $775,000 $258,333 $4,550 2.79%
    YUMA, AZ (FHA|USDA|VA) 3 $755,000 $251,667 $3,800 3.08%
    MODESTO, CA (FHA|USDA|VA) 2 $750,000 $375,000 $5,500 2.94%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $745,000 $248,333 $3,466 2.88%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $740,000 $370,000 $15,743 3.25%
    BAKERSFIELD, CA (FHA|USDA|VA) 3 $735,000 $245,000 $4,056 2.50%
    COLUMBUS, OH (FHA|USDA|VA) 4 $730,000 $182,500 $5,493 3.16%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $685,000 $228,333 $4,652 2.71%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $685,000 $228,333 $5,460 3.08%
    LOGAN, UT-ID (FHA|USDA|VA) 3 $685,000 $228,333 $5,171 3.50%
    FRESNO, CA (FHA|USDA|VA) 2 $660,000 $330,000 $3,297 3.12%
    STOCKTON, CA (FHA|USDA|VA) 2 $650,000 $325,000 $7,529 2.25%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $635,000 $211,667 $5,272 2.79%
    GRAND JUNCTION, CO (FHA|USDA|VA) 4 $620,000 $155,000 $3,956 3.03%
    TWIN FALLS, ID (FHA|USDA|VA) 2 $600,000 $300,000 $5,114 2.50%
    AKRON, OH (FHA|USDA|VA) 3 $565,000 $188,333 $6,564 2.67%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $545,000 $181,667 $4,341 2.67%
    Fernley, NV (FHA|USDA|VA) 2 $530,000 $265,000 $7,579 2.87%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $525,000 $175,000 $4,974 2.79%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $505,000 $168,333 $4,566 2.79%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $500,000 $250,000 $5,037 2.44%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $495,000 $495,000 $6,929 2.50%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $465,000 $155,000 $4,569 2.92%
    VALLEJO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $14,014 2.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $455,000 $455,000 $3,821 2.75%
    Key West, FL (FHA|USDA|VA) 1 $455,000 $455,000 $6,994 2.88%
    Mountain Home, ID (FHA|USDA|VA) 2 $450,000 $225,000 $2,405 2.44%
    PUEBLO, CO (FHA|USDA|VA) 2 $410,000 $205,000 $3,869 2.69%
    BEND, OR (FHA|USDA|VA) 1 $395,000 $395,000 $1,941 3.25%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $395,000 $395,000 $4,130 2.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $380,000 $190,000 $5,906 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $380,000 $190,000 $1,534 2.94%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $360,000 $180,000 $4,979 2.63%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $360,000 $180,000 $3,659 2.38%
    Marion, NC (FHA|USDA|VA) 1 $355,000 $355,000 $7,658 2.88%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,258 2.75%
    LAKE CHARLES, LA (FHA|USDA|VA) 2 $350,000 $175,000 $5,475 3.25%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $350,000 $175,000 $4,226 2.63%
    LONGVIEW, WA (FHA|USDA|VA) 2 $350,000 $175,000 $2,965 2.56%
    HINESVILLE, GA (FHA|USDA|VA) 2 $350,000 $175,000 $2,376 2.63%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $345,000 $345,000 $6,454 3.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $345,000 $345,000 $11,653 3.88%
    Breckenridge, CO (FHA|USDA|VA) 1 $345,000 $345,000 $4,376 3.25%
    Shelton, WA (FHA|USDA|VA) 1 $315,000 $315,000 $5,912 3.00%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $310,000 $155,000 $1,509 3.25%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $305,000 $305,000 $3,276 2.99%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $295,000 $295,000 $2,182 2.38%
    WILMINGTON, NC (FHA|USDA|VA) 1 $295,000 $295,000 $6,148 2.75%
    GREELEY, CO (FHA|USDA|VA) 1 $285,000 $285,000 $4,614 2.88%
    Aberdeen, WA (FHA|USDA|VA) 1 $285,000 $285,000 $6,955 2.88%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $275,000 $275,000 $4,701 2.75%
    TOLEDO, OH (FHA|USDA|VA) 1 $255,000 $255,000 $5,254 3.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $255,000 $255,000 $4,018 2.50%
    Show Low, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $4,335 2.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,882 3.63%
    The Dalles, OR (FHA|USDA|VA) 1 $245,000 $245,000 $6,030 3.50%
    MEDFORD, OR (FHA|USDA|VA) 1 $235,000 $235,000 $2,607 2.38%
    Roseburg, OR (FHA|USDA|VA) 1 $235,000 $235,000 $3,683 2.75%
    Fallon, NV (FHA|USDA|VA) 1 $235,000 $235,000 $4,534 3.13%
    POCATELLO, ID (FHA|USDA|VA) 1 $235,000 $235,000 $2,676 3.00%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $6,040 2.75%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $225,000 $225,000 $3,192 2.75%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,239 2.25%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $225,000 $225,000 $8,268 2.75%
    Alamogordo, NM (FHA|USDA|VA) 1 $215,000 $215,000 $5,067 2.25%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $5,388 2.38%
    Camden, AR (FHA|USDA|VA) 1 $195,000 $195,000 $4,877 2.75%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,690 3.00%
    Ukiah, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,063 2.63%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $195,000 $195,000 $2,815 2.88%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $195,000 $195,000 $3,590 2.75%
    OCALA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $1,911 2.25%
    Lock Haven, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,954 2.75%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $185,000 $185,000 $5,580 2.88%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,709 3.13%
    Cañon City, CO (FHA|USDA|VA) 1 $185,000 $185,000 $4,141 2.25%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $175,000 $175,000 $2,785 2.75%
    St. Marys, GA (FHA|USDA|VA) 1 $175,000 $175,000 $2,669 2.75%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $165,000 $165,000 $5,714 2.75%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,812 2.75%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $165,000 $165,000 $820 2.75%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,803 2.88%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $6,112 2.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,453 2.75%
    CHICO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,448 2.50%
    MANSFIELD, OH (FHA|USDA|VA) 1 $155,000 $155,000 $3,503 2.75%
    Washington Court House, OH (FHA|USDA|VA) 1 $155,000 $155,000 $1,880 3.75%
    Ruidoso, NM (FHA|USDA|VA) 1 $155,000 $155,000 $2,719 3.38%
    Salem, OH (FHA|USDA|VA) 1 $145,000 $145,000 $3,171 2.75%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,112 3.75%
    Shelby, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,527 3.25%
    Vernal, UT (FHA|USDA|VA) 1 $135,000 $135,000 $3,565 5.13%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $125,000 $125,000 $3,660 2.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,258 2.63%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $2,917 2.75%
    Bainbridge, GA (FHA|USDA|VA) 1 $105,000 $105,000 $5,185 2.63%
    Sanford, NC (FHA|USDA|VA) 1 $95,000 $95,000 $4,549 3.63%
    Belem Servicing's top markets include St. George, Las Vegas, Phoenix, Provo, and Salt Lake City among others.

    Their top states include:
  • Utah (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against BELEM SERVICING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    WEBER STATE FEDERAL CREDIT UNION
    Similarity Rank: 329
    TRISTAR FINANCE, INC.
    Similarity Rank: 378
    State Bank of Southern Utah
    Similarity Rank: 420
    Jordan Federal Credit Union
    Similarity Rank: 430
    Emory Alliance Credit Union
    Similarity Rank: 855
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 932
    First Credit Union
    Similarity Rank: 1034
    TRI-EMERALD FINANCIAL GROUP, INC.
    Similarity Rank: 1054
    ARIZONA CENTRAL
    Similarity Rank: 1056
    SILVER STATE SCHOOLS SERVICE COMPANY, LLC
    Similarity Rank: 1056

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 715 $199,945,000 $279,643 $4,530 3.12%
    VA 389 $110,825,000 $284,897 $5,224 2.73%
    FHA 37 $9,625,000 $260,135 $8,763 2.96%

    For 2020, Belem Servicing's most frequently originated type of loan was Conventional, with 715 originations. Their 2nd most popular type was VA, with 389 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 638 $173,140,000 $271,379 $4,533 2.89%
    Home Purchase 350 $105,330,000 $300,943 $4,980 3.13%
    Cash Out Refi 136 $37,210,000 $273,603 $6,396 3.07%
    Home Improvement 17 $4,715,000 $277,353 $5,336 2.87%

    For 2020, Belem Servicing's most frequently cited loan purpose was Refi, with 638 originations. The 2nd most popular reason was Home Purchase, with 350 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,063 $302,685,000 $284,746 $4,979 3.00%
    15 Year 48 $10,840,000 $225,833 $3,751 2.68%
    Other 17 $3,955,000 $232,647 $4,319 2.94%
    20 Year 10 $2,520,000 $252,000 $3,954 2.92%
    10 Year 3 $395,000 $131,667 $3,765 2.54%

    For 2020, Belem Servicing's most frequently cited loan duration was 30 Year, with 1,063 originations. The 2nd most popular length was 15 Year, with 48 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 513 $139,695,000 $272,310
    $2k-3k 193 $49,445,000 $256,192
    $<1k 136 $38,300,000 $281,618
    $3k-4k 117 $31,835,000 $272,094
    $5k+ 110 $39,680,000 $360,727
    $4k-5k 71 $21,265,000 $299,507

    Belem Servicing's average total fees were $4,979, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 513 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 548 $153,480,000 $280,073
    3-4% 399 $114,695,000 $287,456
    <2.5% 171 $45,445,000 $265,760
    4-5% 20 $5,980,000 $299,000
    5-6% 2 $620,000 $310,000

    During 2020, Belem Servicing's average interest rate for loans was 3.00%, while their most frequently originated rate bucket for loans was 2.5-3%, with 548 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 702 $200,790,000 $286,026 $5,015 3.00%
    $100k-200k 282 $46,500,000 $164,894 $3,807 2.92%
    $400k-600k 138 $63,800,000 $462,319 $6,032 3.05%
    $600k-1MM 12 $8,720,000 $726,667 $12,117 3.02%
    $100,000 or less 7 $585,000 $83,571 $3,218 2.93%

    2020 saw Belem Servicing place emphasis on $200k-400k loans with 702 originations, totaling $200,790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 452 $114,450,000 $253,208 $4,455 2.80%
    $50k-75k 209 $53,995,000 $258,349 $4,999 3.07%
    $100k-150k 183 $58,895,000 $321,831 $5,215 3.11%
    $75k-100k 167 $47,525,000 $284,581 $5,270 3.10%
    $150k-250k 97 $33,155,000 $341,804 $5,161 3.16%
    $250k+ 29 $11,275,000 $388,793 $6,518 3.18%

    Belem Servicing lent most frequently to those with incomes in the $50k or less range, with 452 originations. The second most popular income band? $50k-75k, with 209 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 33 $9,135,000 $276,818 $4,384 3.00%
    30-36% 19 $5,395,000 $283,947 $4,692 3.23%
    <20% 16 $4,010,000 $250,625 $4,055 3.06%
    44% 10 $3,130,000 $313,000 $4,331 3.24%
    43% 8 $1,940,000 $242,500 $5,389 3.09%
    38% 8 $2,050,000 $256,250 $5,845 2.86%
    36% 7 $2,095,000 $299,286 $4,867 2.95%
    39% 5 $1,405,000 $281,000 $6,034 2.93%
    47% 5 $1,635,000 $327,000 $5,822 2.97%
    45% 5 $1,285,000 $257,000 $4,292 2.92%
    50-60% 4 $960,000 $240,000 $8,686 3.00%
    37% 4 $1,160,000 $290,000 $5,496 3.22%
    41% 4 $1,460,000 $365,000 $4,585 3.43%
    42% 4 $1,080,000 $270,000 $7,806 3.41%
    46% 3 $715,000 $238,333 $3,924 3.46%
    49% 2 $470,000 $235,000 $3,626 3.00%
    40% 2 $650,000 $325,000 $3,286 3.19%
    48% 1 $255,000 $255,000 $2,530 3.63%

    Belem Servicing lent most frequently to those with DTI ratios of 20-30%, with 33 originations. The next most common DTI ratio? 30-36%, with 19 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 916 $258,000,000 $281,659 $4,888 3.02%
    Not provided 100 $27,580,000 $275,800 $5,220 2.88%
    Black 71 $19,925,000 $280,634 $4,811 2.74%
    Asian 26 $8,100,000 $311,538 $5,432 2.93%
    American Indian 15 $3,735,000 $249,000 $3,890 2.70%
    Native Hawaiian or Islander 5 $1,435,000 $287,000 $3,960 2.97%
    Not applicable 5 $1,005,000 $201,000 $3,524 2.91%
    Asian Indian 2 $340,000 $170,000 $4,048 3.06%
    Filipino 1 $275,000 $275,000 $9,278 3.50%

    Approval Rates

    Total approvals of all applications
    92.37%

    Belem Servicing has an average approval rate.

    Pick Rate

    Approvals leading to origination
    51.97%

    Belem Servicing 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 1,141 $320,395,000 $280,802

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 1,141 $320,395,000 $280,802

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 44 $9,050,000 $205,682 $3,669 3.00%
    40-60% 149 $35,555,000 $238,624 $4,108 2.90%
    60-80% 400 $110,360,000 $275,900 $4,689 3.08%
    80-100% 509 $154,405,000 $303,350 $5,250 2.94%
    Over 100% 34 $10,350,000 $304,412 $7,512 2.86%
    Under 20% 4 $500,000 $125,000 $3,446 2.59%