Goprime Mortgage Rates, Fees & Info

Raleigh, NC

LEI: 549300OYEKEORA1GI088

Tax ID: 20-2409656

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Mortgage Data

Review & Overview

Goprime Mortgage is a smaller mortgage company specializing in Home Purchase and Refi loans. Goprime Mortgage has a high proportion of conventional loans. They have an average proportion of FHA 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: Raleigh, Asheville, Bozeman, Los Angeles, and Fayetteville among others. We have data for 157 markets. (Some data included below & more in-depth data is available with an active subscription.)

Goprime Mortgage 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. Goprime Mortgage 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 6.75% 4/22/24
30 Year Conventional Refi 6.56% 4/22/24
30 Year Cash-out Refi 6.78% 4/22/24
30 Year FHA Purchase 7.77% 4/22/24
30 Year FHA Refi 7.20% 4/22/24
30 Year VA Purchase 6.30% 4/22/24
30 Year VA Refi 6.01% 4/22/24
30 Year USDA Purchase 7.14% 4/22/24
15 Year Conventional Purchase 6.14% 4/22/24
15 Year Conventional Refi 6.05% 4/22/24
15 Year Cash-out Refi 6.05% 4/22/24
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.

Goprime Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Goprime Mortgage. 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

3,077

Origination Dollar Volume (All Markets)

$753,755,000

Awards

GoPrime Mortgage FHA Loans silver GoPrime Mortgage VA Loans gold GoPrime Mortgage 30 Year Conventional Loans bronze GoPrime Mortgage VA Loans silver
Show all (4) 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
RALEIGH-CARY, NC (FHA|USDA|VA) 658 $175,830,000 $267,219 $4,275 4.19%
ASHEVILLE, NC (FHA|USDA|VA) 262 $59,150,000 $225,763 $5,092 4.31%
Bozeman, MT (FHA|USDA|VA) 165 $56,905,000 $344,879 $5,399 3.94%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 112 $50,990,000 $455,268 $7,963 4.40%
FAYETTEVILLE, NC (FHA|USDA|VA) 174 $38,630,000 $222,011 $4,916 4.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 123 $33,455,000 $271,992 $4,980 3.71%
Outside of Metro Areas 196 $31,670,000 $161,582 $4,647 4.39%
Roseburg, OR (FHA|USDA|VA) 125 $29,295,000 $234,360 $5,304 4.28%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 79 $24,275,000 $307,278 $8,606 4.31%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 209 $22,755,000 $108,876 $4,264 4.52%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 87 $21,015,000 $241,552 $4,186 4.27%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 69 $18,445,000 $267,319 $5,370 4.12%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 74 $14,000,000 $189,189 $4,114 4.35%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 31 $11,545,000 $372,419 $6,714 4.17%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 44 $10,790,000 $245,227 $6,486 4.73%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 19 $8,555,000 $450,263 $9,377 4.14%
STOCKTON, CA (FHA|USDA|VA) 32 $8,510,000 $265,938 $9,561 4.17%
RICHMOND, VA (FHA|USDA|VA) 23 $6,545,000 $284,565 $4,839 4.15%
Richmond-Berea, KY (FHA|USDA|VA) 34 $5,710,000 $167,941 $5,870 4.54%
BURLINGTON, NC (FHA|USDA|VA) 32 $5,550,000 $173,438 $4,126 4.35%
Sanford, NC (FHA|USDA|VA) 21 $4,935,000 $235,000 $4,726 3.80%
VALDOSTA, GA (FHA|USDA|VA) 23 $4,655,000 $202,391 $5,461 4.30%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 13 $4,115,000 $316,538 $3,558 3.82%
Brevard, NC (FHA|USDA|VA) 17 $3,215,000 $189,118 $5,881 4.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $3,210,000 $401,250 $6,635 4.28%
FORT SMITH, AR-OK (FHA|USDA|VA) 24 $3,090,000 $128,750 $3,953 4.32%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 13 $3,035,000 $233,462 $5,997 4.16%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 15 $2,965,000 $197,667 $4,288 4.41%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,760,000 $345,000 $4,781 3.47%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $2,530,000 $210,833 $6,924 4.85%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $2,455,000 $272,778 $7,235 4.18%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 14 $2,150,000 $153,571 $5,107 4.45%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 7 $2,135,000 $305,000 $9,765 4.14%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $2,130,000 $266,250 $7,061 4.54%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $2,040,000 $340,000 $8,971 3.91%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $1,995,000 $399,000 $5,671 4.37%
Danville, KY (FHA|USDA|VA) 13 $1,905,000 $146,538 $5,485 4.45%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,905,000 $381,000 $2,438 3.38%
MADISON, WI (FHA|USDA|VA) 8 $1,900,000 $237,500 $4,256 4.31%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 11 $1,895,000 $172,273 $4,365 4.61%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $1,870,000 $155,833 $6,116 5.49%
WILMINGTON, NC (FHA|USDA|VA) 6 $1,660,000 $276,667 $3,808 4.15%
MODESTO, CA (FHA|USDA|VA) 7 $1,535,000 $219,286 $10,680 3.32%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,510,000 $377,500 $9,348 4.83%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,505,000 $501,667 $12,843 4.60%
MOBILE, AL (FHA|USDA|VA) 9 $1,475,000 $163,889 $5,556 4.65%
Jasper, AL (FHA|USDA|VA) 11 $1,465,000 $133,182 $3,913 4.34%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,430,000 $357,500 $3,863 4.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,425,000 $475,000 $7,609 4.54%
PROVO-OREM, UT (FHA|USDA|VA) 8 $1,400,000 $175,000 $6,301 4.99%
Cedar City, UT (FHA|USDA|VA) 6 $1,330,000 $221,667 $6,595 4.29%
Mount Sterling, KY (FHA|USDA|VA) 11 $1,325,000 $120,455 $4,788 4.44%
Morehead City, NC (FHA|USDA|VA) 6 $1,290,000 $215,000 $4,702 4.08%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,265,000 $421,667 $3,749 4.12%
Wilson, NC (FHA|USDA|VA) 7 $1,255,000 $179,286 $4,565 4.85%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 8 $1,080,000 $135,000 $3,707 4.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 5 $1,045,000 $209,000 $8,518 4.30%
Forest City, NC (FHA|USDA|VA) 6 $1,040,000 $173,333 $4,596 4.31%
GOLDSBORO, NC (FHA|USDA|VA) 5 $1,035,000 $207,000 $5,444 3.88%
Oak Harbor, WA (FHA|USDA|VA) 3 $1,005,000 $335,000 $6,321 4.63%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $1,000,000 $500,000 $2,671 3.75%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $970,000 $485,000 $20,051 4.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $965,000 $321,667 $9,761 4.33%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 7 $935,000 $133,571 $5,371 5.02%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $930,000 $232,500 $6,117 4.14%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $930,000 $465,000 $5,991 3.93%
SPARTANBURG, SC (FHA|USDA|VA) 4 $910,000 $227,500 $4,650 4.34%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $905,000 $301,667 $3,861 3.88%
London, KY (FHA|USDA|VA) 6 $890,000 $148,333 $3,719 4.29%
FLORENCE, SC (FHA|USDA|VA) 3 $875,000 $291,667 $8,769 4.21%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $860,000 $430,000 $10,861 4.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $855,000 $285,000 $3,273 4.17%
Boone, NC (FHA|USDA|VA) 3 $835,000 $278,333 $2,804 3.79%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $780,000 $390,000 $6,796 4.38%
Helena, MT (FHA|USDA|VA) 2 $770,000 $385,000 $4,584 3.94%
Shelby, NC (FHA|USDA|VA) 2 $750,000 $375,000 $3,404 3.94%
SALEM, OR (FHA|USDA|VA) 2 $720,000 $360,000 $8,745 3.37%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $690,000 $172,500 $4,726 4.65%
FORT COLLINS, CO (FHA|USDA|VA) 2 $660,000 $330,000 $6,339 3.69%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $650,000 $162,500 $5,061 4.28%
NAPA, CA (FHA|USDA|VA) 1 $635,000 $635,000 $21,798 5.70%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $620,000 $310,000 $3,202 4.50%
ST. GEORGE, UT (FHA|USDA|VA) 2 $600,000 $300,000 $10,485 4.38%
Roanoke Rapids, NC (FHA|USDA|VA) 5 $585,000 $117,000 $4,108 4.60%
SALINAS, CA (FHA|USDA|VA) 1 $495,000 $495,000 $16,636 4.13%
TUCSON, AZ (FHA|USDA|VA) 2 $480,000 $240,000 $4,475 4.50%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $480,000 $240,000 $7,952 4.43%
BOISE CITY, ID (FHA|USDA|VA) 2 $470,000 $235,000 $4,468 3.87%
GREENVILLE, NC (FHA|USDA|VA) 3 $465,000 $155,000 $4,449 4.00%
LOGAN, UT-ID (FHA|USDA|VA) 2 $460,000 $230,000 $5,272 4.38%
Kalispell, MT (FHA|USDA|VA) 1 $435,000 $435,000 $4,822 3.63%
BEND, OR (FHA|USDA|VA) 1 $425,000 $425,000 $7,658 4.00%
Beaver Dam, WI (FHA|USDA|VA) 1 $425,000 $425,000 $2,026 3.63%
SANTA FE, NM (FHA|USDA|VA) 1 $405,000 $405,000 $3,035 4.99%
Marion, NC (FHA|USDA|VA) 1 $405,000 $405,000 $0 4.38%
NEW BERN, NC (FHA|USDA|VA) 2 $380,000 $190,000 $3,172 4.06%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $375,000 $375,000 $8,303 3.99%
Frankfort, KY (FHA|USDA|VA) 2 $350,000 $175,000 $7,587 4.38%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $345,000 $345,000 $7,100 4.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $335,000 $335,000 $10,329 4.00%
Newport, OR (FHA|USDA|VA) 1 $335,000 $335,000 $7,261 7.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $335,000 $335,000 $10,026 4.13%
BILLINGS, MT (FHA|USDA|VA) 1 $335,000 $335,000 $6,243 3.75%
ANCHORAGE, AK (FHA|USDA|VA) 1 $325,000 $325,000 $4,252 4.38%
LOUISVILLE, KY (FHA|USDA|VA) 1 $315,000 $315,000 $11,365 4.13%
Albertville, AL (FHA|USDA|VA) 1 $315,000 $315,000 $8,341 4.50%
Lumberton, NC (FHA|USDA|VA) 3 $315,000 $105,000 $5,087 4.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $305,000 $305,000 $4,548 4.38%
Maysville, KY (FHA|USDA|VA) 1 $305,000 $305,000 $10,682 4.90%
RENO, NV (FHA|USDA|VA) 1 $305,000 $305,000 $6,805 5.50%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $290,000 $145,000 $4,758 4.75%
MADERA, CA (FHA|USDA|VA) 1 $285,000 $285,000 $2,254 3.50%
SAN ANGELO, TX (FHA|USDA|VA) 1 $285,000 $285,000 $4,792 4.88%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $285,000 $285,000 $5,016 4.50%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $275,000 $275,000 $8,857 4.99%
Rexburg, ID (FHA|USDA|VA) 1 $275,000 $275,000 $5,204 3.88%
Rockingham, NC (FHA|USDA|VA) 2 $260,000 $130,000 $2,919 3.81%
Crescent City, CA (FHA|USDA|VA) 1 $255,000 $255,000 $12,526 4.00%
FRESNO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $4,661 3.99%
VISALIA, CA (FHA|USDA|VA) 1 $255,000 $255,000 $7,597 3.99%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,548 5.13%
Baraboo, WI (FHA|USDA|VA) 1 $245,000 $245,000 $3,080 4.13%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $245,000 $245,000 $6,282 3.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $245,000 $245,000 $2,981 4.13%
Payson, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $9,434 4.05%
AMARILLO, TX (FHA|USDA|VA) 4 $230,000 $57,500 $4,549 5.88%
Cullman, AL (FHA|USDA|VA) 2 $230,000 $115,000 $4,342 4.25%
Outside of Metro Areas 1 $215,000 $215,000 $3,487 4.88%
Coos Bay, OR (FHA|USDA|VA) 1 $215,000 $215,000 $3,579 3.99%
Portsmouth, OH (FHA|USDA|VA) 2 $210,000 $105,000 $4,400 4.19%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $205,000 $205,000 $5,478 3.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,234 3.99%
Sonora, CA (FHA|USDA|VA) 1 $195,000 $195,000 $11,252 3.63%
Waycross, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,327 4.88%
STAUNTON, VA (FHA|USDA|VA) 1 $185,000 $185,000 $4,555 5.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $10,126 4.25%
Vidalia, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,539 5.20%
MISSOULA, MT (FHA|USDA|VA) 1 $165,000 $165,000 $5,749 4.63%
Statesboro, GA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.75%
Cullowhee, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,499 4.38%
Cordele, GA (FHA|USDA|VA) 1 $155,000 $155,000 $6,008 5.13%
Henderson, NC (FHA|USDA|VA) 1 $155,000 $155,000 $7,185 5.50%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $145,000 $145,000 $5,268 4.38%
Tifton, GA (FHA|USDA|VA) 1 $145,000 $145,000 $5,388 4.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $145,000 $145,000 $5,191 4.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,538 5.75%
Atmore, AL (FHA|USDA|VA) 1 $135,000 $135,000 $3,394 3.75%
Martinsville, VA (FHA|USDA|VA) 1 $125,000 $125,000 $3,107 4.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,772 4.13%
Seneca, SC (FHA|USDA|VA) 1 $125,000 $125,000 $2,887 3.75%
Russellville, AR (FHA|USDA|VA) 1 $105,000 $105,000 $3,609 3.75%
Mount Airy, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,800 3.99%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,569 5.63%
MERCED, CA (FHA|USDA|VA) 1 $105,000 $105,000 $4,374 4.63%
Somerset, KY (FHA|USDA|VA) 1 $95,000 $95,000 $3,303 4.38%
Thomasville, GA (FHA|USDA|VA) 1 $85,000 $85,000 $1,409 4.75%
Mayfield, KY (FHA|USDA|VA) 1 $65,000 $65,000 $3,998 4.25%
Goprime Mortgage's top markets include Raleigh, Asheville, Bozeman, Los Angeles, and Fayetteville among others.

Their top states include:
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Similar Lenders

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

    COMMONWEALTH
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,619 $435,295,000 $268,867 $4,210 4.21%
    FHA 581 $110,445,000 $190,095 $7,271 4.53%
    VA 576 $163,350,000 $283,594 $5,840 4.03%
    USDA 298 $44,040,000 $147,785 $5,009 4.34%
    FHA 2 $610,000 $305,000 $0 4.83%
    HELOC 1 $15,000 $15,000 n/a 6.94%

    For 2019, Goprime Mortgage's most frequently originated type of loan was Conventional, with 1,619 originations. Their 2nd most popular type was FHA, with 581 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,201 $498,645,000 $226,554 $5,348 4.32%
    Refi 544 $168,810,000 $310,313 $4,082 3.86%
    Cash Out Refi 332 $86,300,000 $259,940 $5,804 4.40%

    For 2019, Goprime Mortgage's most frequently cited loan purpose was Home Purchase, with 2,201 originations. The 2nd most popular reason was Refi, with 544 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,920 $716,810,000 $245,483 $5,253 4.27%
    15 Year 103 $23,085,000 $224,126 $3,673 3.71%
    20 Year 37 $9,525,000 $257,432 $3,833 3.95%
    Other 13 $3,615,000 $278,077 $3,389 4.09%
    10 Year 2 $300,000 $150,000 $3,130 3.62%
    30+ year 1 $405,000 $405,000 $5,003 5.25%
    5 Year 1 $15,000 $15,000 $150 0.00%

    For 2019, Goprime Mortgage's most frequently cited loan duration was 30 Year, with 2,920 originations. The 2nd most popular length was 15 Year, with 103 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,570 $347,170,000 $221,127
    $<1k 667 $166,645,000 $249,843
    $2k-3k 349 $79,625,000 $228,152
    $3k-4k 225 $59,415,000 $264,067
    $5k+ 159 $67,445,000 $424,182
    $4k-5k 102 $32,410,000 $317,745

    Goprime Mortgage's average total fees were $5,253, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,570 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,484 $341,260,000 $229,960
    3-4% 1,264 $348,150,000 $275,435
    5-6% 294 $57,330,000 $195,000
    2.5-3% 21 $5,275,000 $251,190
    6-7% 6 $810,000 $135,000
    <2.5% 5 $45,000 $9,000
    7-8% 1 $335,000 $335,000
    Over 8% 1 $535,000 $535,000

    During 2019, Goprime Mortgage's average interest rate for loans was 4.27%, while their most frequently originated rate bucket for loans was 4-5%, with 1,484 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,441 $403,025,000 $279,684 $5,427 4.12%
    $100k-200k 1,010 $155,080,000 $153,545 $4,573 4.40%
    $400k-600k 300 $138,310,000 $461,033 $6,557 4.09%
    $100,000 or less 278 $21,150,000 $76,079 $3,555 4.49%
    $600k-1MM 43 $29,915,000 $695,698 $10,846 4.40%
    $1MM+ 5 $6,275,000 $1,255,000 $10,208 4.00%

    2019 saw Goprime Mortgage place emphasis on $200k-400k loans with 1,441 originations, totaling $403,025,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 821 $166,705,000 $203,051 $5,205 4.29%
    $50k or less 796 $134,350,000 $168,781 $4,405 4.29%
    $100k-150k 559 $174,755,000 $312,621 $5,575 4.21%
    $75k-100k 522 $135,370,000 $259,330 $5,641 4.24%
    $150k-250k 295 $107,875,000 $365,678 $5,474 4.18%
    $250k+ 84 $34,700,000 $413,095 $5,478 4.09%

    Goprime Mortgage lent most frequently to those with incomes in the $50k-75k range, with 821 originations. The second most popular income band? $50k or less, with 796 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 549 $126,385,000 $230,209 $4,880 4.26%
    20-30% 545 $128,935,000 $236,578 $4,517 4.15%
    50-60% 241 $58,935,000 $244,544 $7,247 4.38%
    <20% 141 $33,475,000 $237,411 $3,724 4.01%
    42% 130 $31,270,000 $240,538 $4,805 4.24%
    44% 123 $31,425,000 $255,488 $5,551 4.40%
    43% 123 $32,575,000 $264,837 $5,373 4.36%
    40% 118 $29,830,000 $252,797 $5,331 4.33%
    41% 118 $26,650,000 $225,847 $5,243 4.29%
    37% 109 $26,415,000 $242,339 $4,919 4.21%
    45% 105 $27,825,000 $265,000 $5,948 4.40%
    49% 104 $27,900,000 $268,269 $6,387 4.33%
    39% 101 $23,785,000 $235,495 $5,300 4.37%
    36% 101 $23,085,000 $228,564 $5,176 4.32%
    38% 98 $22,810,000 $232,755 $5,091 4.29%
    47% 86 $22,350,000 $259,884 $6,549 4.42%
    48% 78 $19,460,000 $249,487 $5,463 4.43%
    46% 69 $17,245,000 $249,928 $5,588 4.43%
    >60% 22 $6,310,000 $286,818 $7,220 4.01%

    Goprime Mortgage lent most frequently to those with DTI ratios of 30-36%, with 549 originations. The next most common DTI ratio? 20-30%, with 545 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,429 $581,525,000 $239,409 $4,955 4.24%
    Not provided 347 $100,585,000 $289,870 $6,377 4.13%
    Black 203 $45,485,000 $224,064 $5,768 4.56%
    Asian 64 $17,920,000 $280,000 $4,568 4.30%
    American Indian 18 $3,820,000 $212,222 $6,069 4.36%
    Native Hawaiian or Islander 8 $2,430,000 $303,750 $5,733 4.08%
    Asian Indian 3 $705,000 $235,000 $3,793 3.67%
    Filipino 2 $540,000 $270,000 $7,198 4.31%
    Not applicable 2 $540,000 $270,000 $10,487 4.38%
    Native Hawaiian 1 $205,000 $205,000 $7,244 4.13%

    Approval Rates

    Total approvals of all applications
    92.95%

    Goprime Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.79%

    Goprime Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,077 $753,755,000 $244,964

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 88 $14,140,000 $160,682
    Single Family (1-4 Units):Site-Built 2,989 $739,615,000 $247,446

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 33 $6,475,000 $196,212 $4,023 4.23%
    40-60% 167 $42,955,000 $257,216 $4,431 4.01%
    60-80% 692 $190,240,000 $274,913 $4,429 4.22%
    80-100% 2,030 $474,930,000 $233,956 $5,281 4.30%
    Over 100% 136 $38,090,000 $280,074 $8,724 4.05%
    Under 20% 19 $1,065,000 $56,053 $2,612 3.11%