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 Refi and Home Purchase loans. Mortgage Management Consultants 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 by origination volume include: Los Angeles, Las Vegas, Bakersfield, Riverside, and San Luis Obispo among others. We have data for 53 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% | 12/16/24 |
| 30 Year Conventional Refi | 6.97% | 12/16/24 |
| 30 Year FHA Purchase | 7.60% | 12/16/24 |
| 30 Year FHA Refi | 7.30% | 12/16/24 |
| 30 Year VA Purchase | 6.48% | 12/16/24 |
| 30 Year VA Refi | 6.58% | 12/16/24 |
| 15 Year Conventional Purchase | 6.33% | 12/16/24 |
| 15 Year Conventional Refi | 5.68% | 12/16/24 |
| 15 Year Cash-out Refi | 5.68% | 12/16/24 |
| 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
1,293Origination Dollar Volume (All Markets)
$379,065,000Awards
MORTGAGE MANAGEMENT CONSULTANTS - 2020
MORTGAGE MANAGEMENT CONSULTANTS is a 2020 , due to their low .
For 2020, 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) | 557 | $181,665,000 | $326,149 | $5,770 | 3.16% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 440 | $109,450,000 | $248,750 | $3,920 | 3.29% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 107 | $27,215,000 | $254,346 | $5,899 | 3.19% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 43 | $12,865,000 | $299,186 | $6,164 | 3.15% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 18 | $7,350,000 | $408,333 | $4,555 | 3.21% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 13 | $5,375,000 | $413,462 | $7,939 | 2.98% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 10 | $4,740,000 | $474,000 | $5,558 | 3.24% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $2,450,000 | $408,333 | $3,298 | 2.81% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 6 | $2,330,000 | $388,333 | $3,954 | 2.94% |
| MONTGOMERY, AL (FHA|USDA|VA) | 13 | $1,945,000 | $149,615 | $2,423 | 3.32% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $1,835,000 | $367,000 | $4,147 | 3.05% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,520,000 | $760,000 | $8,673 | 3.38% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,510,000 | $377,500 | $11,154 | 2.66% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 5 | $1,455,000 | $291,000 | $3,625 | 2.80% |
| Outside of Metro Areas | 5 | $1,405,000 | $281,000 | $3,560 | 3.30% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $4,160 | 3.00% |
| CHICO, CA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $5,970 | 3.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $7,017 | 3.67% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $5,484 | 3.21% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $2,668 | 2.71% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $4,240 | 2.88% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $1,572 | 3.94% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $12,163 | 3.00% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $16,497 | 3.13% |
| Newport, OR (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $2,490 | 3.13% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,928 | 3.38% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $742 | 4.25% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,937 | 2.99% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $6,974 | 2.69% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $2,383 | 3.17% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,844 | 2.88% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,316 | 3.06% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $9,709 | 2.88% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $7,453 | 2.81% |
| Outside of Metro Areas | 1 | $315,000 | $315,000 | $6,600 | 2.88% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,847 | 3.38% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,906 | 3.63% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,708 | 3.50% |
| RENO, NV (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,409 | 2.88% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,674 | 2.94% |
| Rexburg, ID (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,212 | 3.63% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,782 | 3.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $1,272 | 2.88% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,052 | 2.63% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,654 | 3.38% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,798 | 2.99% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,028 | 3.25% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,761 | 2.50% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,544 | 3.63% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $894 | 2.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,033 | 3.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,335 | 2.88% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,840 | 3.75% |
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: 345
Similarity Rank: 369
Similarity Rank: 564
Similarity Rank: 628
Similarity Rank: 666
Similarity Rank: 716
Similarity Rank: 792
Similarity Rank: 854
Similarity Rank: 1053
Similarity Rank: 1056
Product Mix
For 2020, Mortgage Management Consultants's most frequently originated type of loan was Conventional, with 944 originations. Their 2nd most popular type was FHA, with 233 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 831 | $233,945,000 | $281,522 | $4,443 | 3.15% |
| Home Purchase | 462 | $145,120,000 | $314,113 | $6,269 | 3.28% |
For 2020, Mortgage Management Consultants's most frequently cited loan purpose was Refi, with 831 originations. The 2nd most popular reason was Home Purchase, with 462 originations.
Loan Duration/Length
For 2020, Mortgage Management Consultants's most frequently cited loan duration was 30 Year, with 1,167 originations. The 2nd most popular length was 15 Year, with 70 originations.
Origination Fees/Closing Costs
Mortgage Management Consultants's average total fees were $5,224, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 442 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 610 | $180,390,000 | $295,721 |
| 2.5-3% | 516 | $149,780,000 | $290,271 |
| <2.5% | 86 | $26,370,000 | $306,628 |
| 4-5% | 78 | $21,380,000 | $274,103 |
| 5-6% | 3 | $1,145,000 | $381,667 |
During 2020, Mortgage Management Consultants's average interest rate for loans was 3.23%, while their most frequently originated rate bucket for loans was 3-4%, with 610 originations.
Loan Sizing
2020 saw Mortgage Management Consultants place emphasis on $200k-400k loans with 798 originations, totaling $227,530,000 in origination value.
Applicant Income
Mortgage Management Consultants lent most frequently to those with incomes in the $50k-75k range, with 326 originations. The second most popular income band? $100k-150k, with 295 originations.
Applicant Debt to Income Ratio
Mortgage Management Consultants lent most frequently to those with DTI ratios of 30-36%, with 204 originations. The next most common DTI ratio? 20-30%, with 200 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.61%
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 origination84.45%
Mortgage Management Consultants has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,293 | $379,065,000 | $293,167 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 19 | $4,405,000 | $231,842 |
| Single Family (1-4 Units):Site-Built | 1,274 | $374,660,000 | $294,082 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Mortgage Connect LP | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |