Mortgage Management Consultants Rates, Fees & Info
PALMDALE, CALEI: 549300OQ5QR1CNV5HY08
Tax ID: 81-0615913
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Mortgage Management Consultants is a smaller mortgage company specializing in Home Purchase and Refi loans. Mortgage Management Consultants has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Bakersfield, Riverside, San Luis Obispo, and Oxnard among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Mortgage Management Consultants 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. Mortgage Management Consultants 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 | 6.92% | 4/14/24 |
| 30 Year Conventional Refi | 6.97% | 4/14/24 |
| 30 Year FHA Purchase | 7.60% | 4/14/24 |
| 30 Year FHA Refi | 7.30% | 4/14/24 |
| 30 Year VA Purchase | 6.48% | 4/14/24 |
| 30 Year VA Refi | 6.58% | 4/14/24 |
| 15 Year Conventional Purchase | 6.33% | 4/14/24 |
| 15 Year Conventional Refi | 5.68% | 4/14/24 |
| 15 Year Cash-out Refi | 5.68% | 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. | ||
Mortgage Management Consultants Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Mortgage Management Consultants. 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
302Origination Dollar Volume (All Markets)
$85,760,000Awards
MORTGAGE MANAGEMENT CONSULTANTS - 2018
MORTGAGE MANAGEMENT CONSULTANTS is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for MORTGAGE MANAGEMENT CONSULTANTS?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 220 | $64,350,000 | $292,500 | $6,250 | 4.85% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 52 | $12,410,000 | $238,654 | $5,771 | 4.97% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 12 | $3,090,000 | $257,500 | $5,510 | 5.08% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 5 | $1,785,000 | $357,000 | $4,660 | 4.98% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $3,599 | 4.54% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $7,874 | 4.50% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $12,820 | 4.88% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,727 | 4.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $10,708 | 4.75% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $4,457 | 5.25% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,620 | 4.88% |
| REDDING, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,680 | 4.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,159 | 4.50% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,200 | 4.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against MORTGAGE MANAGEMENT CONSULTANTS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 48
Similarity Rank: 70
Similarity Rank: 92
Similarity Rank: 96
Similarity Rank: 210
Similarity Rank: 220
Similarity Rank: 220
Similarity Rank: 321
Similarity Rank: 351
Similarity Rank: 363
Product Mix
For 2018, Mortgage Management Consultants's most frequently originated type of loan was Conventional, with 147 originations. Their 2nd most popular type was FHA, with 109 originations.
Loan Reason
For 2018, Mortgage Management Consultants's most frequently cited loan purpose was Home Purchase, with 222 originations. The 2nd most popular reason was Refi, with 78 originations.
Loan Duration/Length
For 2018, Mortgage Management Consultants's most frequently cited loan duration was 30 Year, with 293 originations. The 2nd most popular length was 20 Year, with 5 originations.
Origination Fees/Closing Costs
Mortgage Management Consultants's average total fees were $6,186, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 109 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 204 | $59,880,000 | $293,529 |
| 5-6% | 89 | $23,255,000 | $261,292 |
| 3-4% | 7 | $2,225,000 | $317,857 |
| 6-7% | 2 | $400,000 | $200,000 |
During 2018, Mortgage Management Consultants's average interest rate for loans was 4.88%, while their most frequently originated rate bucket for loans was 4-5%, with 204 originations.
Loan Sizing
2018 saw Mortgage Management Consultants place emphasis on $200k-400k loans with 211 originations, totaling $59,345,000 in origination value.
Applicant Income
Mortgage Management Consultants lent most frequently to those with incomes in the $50k-75k range, with 90 originations. The second most popular income band? $75k-100k, with 83 originations.
Applicant Debt to Income Ratio
Mortgage Management Consultants lent most frequently to those with DTI ratios of 50-60%, with 55 originations. The next most common DTI ratio? 30-36%, with 35 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.21%
Mortgage Management Consultants has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination75.50%
Mortgage Management Consultants has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 302 | $85,760,000 | $283,974 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 5 | $965,000 | $193,000 |
| Single Family (1-4 Units):Site-Built | 297 | $84,795,000 | $285,505 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MORTGAGE CENTER, LC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| MORTGAGE CENTER, LC | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |