Member Home Loan Mortgage Rates, Fees & Info

AUSTIN, TX

LEI: 549300P6J0MZZT4UMT05

Tax ID: 36-4569955

4.7 stars - Updated: 6/22/25 - out of 5 stars, based on 15 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Member Home Loan is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Member Home Loan has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Dallas, San Antonio, Corpus Christi, and Huntsville among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Member Home Loan has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Member Home Loan 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 6.95% 6/22/25
    30 Year Conventional Refi 6.72% 6/22/25
    30 Year Cash-out Refi 7.28% 6/22/25
    15 Year Conventional Purchase 6.64% 6/22/25
    15 Year Conventional Refi 6.54% 6/22/25
    15 Year Cash-out Refi 6.54% 6/22/25
    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.

    Member Home Loan Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Member Home Loan. 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

    225

    Origination Dollar Volume (All Markets)

    $40,255,000

    Awards

    MEMBER HOME LOAN 30 Year Conventional Loans gold
    Show all (1) awards

    Relative Rate

    Member Home Loan's average 30 year fixed mortgage rate was 6.83%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.28%.

    Relative Fees (Closing Costs)

    Member Home Loan's average total fees/closing costs for a 30 year fixed rate mortgage were $7,785.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 139 $23,525,000 $169,245 $4,922 7.17%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 27 $5,765,000 $213,519 $5,574 7.45%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 17 $2,055,000 $120,882 $4,507 8.03%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 8 $1,920,000 $240,000 $7,365 6.81%
    Huntsville, TX (FHA|USDA|VA) 8 $1,850,000 $231,250 $8,007 6.41%
    AMARILLO, TX (FHA|USDA|VA) 10 $1,660,000 $166,000 $5,919 7.14%
    Outside of Metro Areas 5 $1,055,000 $211,000 $7,075 6.67%
    SANTA FE, NM (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $12,728 6.99%
    LAREDO, TX (FHA|USDA|VA) 1 $315,000 $315,000 $8,186 7.13%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $295,000 $98,333 $4,013 7.15%
    Palestine, TX (FHA|USDA|VA) 1 $215,000 $215,000 $9,575 6.38%
    Pampa, TX (FHA|USDA|VA) 1 $175,000 $175,000 $6,035 6.63%
    Brenham, TX (FHA|USDA|VA) 1 $115,000 $115,000 $5,287 5.88%
    El Campo, TX (FHA|USDA|VA) 1 $105,000 $105,000 $4,763 6.00%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $105,000 $105,000 $5,048 6.75%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,804 8.00%
    Member Home Loan's top markets include Houston, Dallas, San Antonio, Corpus Christi, and Huntsville among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)

    • Similar Lenders

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

    DSLD MORTGAGE, LLC
    Similarity Rank: 105
    GSB MORTGAGE, INC.
    Similarity Rank: 133
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 144
    Access Community Credit Union
    Similarity Rank: 153
    Education Credit Union
    Similarity Rank: 171
    AMOCO
    Similarity Rank: 180
    SCHLUMBERGER EMPLOYEES CREDIT UNION
    Similarity Rank: 275
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 405
    DATCU
    Similarity Rank: 468
    First United Bank
    Similarity Rank: 475

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 225 $40,255,000 $178,911 $5,317 7.20%

    For 2024, Member Home Loan's most frequently originated type of loan was Conventional, with 225 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 133 $16,385,000 $123,195 $3,503 7.53%
    Home Purchase 91 $23,765,000 $261,154 $7,956 6.72%
    Refi 1 $105,000 $105,000 $6,338 6.38%

    For 2024, Member Home Loan's most frequently cited loan purpose was Cash Out Refi, with 133 originations. The 2nd most popular reason was Home Purchase, with 91 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 111 $28,905,000 $260,405 $7,785 6.83%
    15 Year 51 $4,985,000 $97,745 $2,958 7.51%
    20 Year 35 $4,305,000 $123,000 $3,449 8.05%
    10 Year 23 $1,835,000 $79,783 $2,385 7.15%
    5 Year 5 $225,000 $45,000 $1,143 6.38%

    For 2024, Member Home Loan's most frequently cited loan duration was 30 Year, with 111 originations. The 2nd most popular length was 15 Year, with 51 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 48 $6,020,000 $125,417
    $1k-2k 47 $4,435,000 $94,362
    $<1k 39 $2,135,000 $54,744
    $3k-4k 35 $6,635,000 $189,571
    $5k+ 31 $14,455,000 $466,290
    $4k-5k 25 $6,575,000 $263,000

    Member Home Loan's average total fees were $7,785, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 48 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 107 $21,065,000 $196,869
    7-8% 59 $9,335,000 $158,220
    Over 8% 40 $4,440,000 $111,000
    5-6% 19 $5,415,000 $285,000

    During 2024, Member Home Loan's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was 6-7%, with 107 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 81 $4,965,000 $61,296 $1,977 7.68%
    $100k-200k 77 $11,125,000 $144,481 $5,029 7.11%
    $200k-400k 50 $14,370,000 $287,400 $8,715 6.71%
    $400k-600k 12 $5,860,000 $488,333 $11,829 6.84%
    $600k-1MM 4 $2,900,000 $725,000 $14,612 6.43%
    $1MM+ 1 $1,035,000 $1,035,000 $12,728 6.99%

    2024 saw Member Home Loan place emphasis on $100,000 or less loans with 81 originations, totaling $4,965,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 61 $9,415,000 $154,344 $4,935 7.23%
    $75k-100k 46 $6,750,000 $146,739 $4,609 7.06%
    $150k-250k 44 $11,200,000 $254,545 $7,189 7.30%
    $50k-75k 38 $4,350,000 $114,474 $3,899 7.14%
    $250k+ 18 $7,040,000 $391,111 $8,971 7.32%
    $50k or less 18 $1,500,000 $83,333 $3,182 7.19%

    Member Home Loan lent most frequently to those with incomes in the $100k-150k range, with 61 originations. The second most popular income band? $75k-100k, with 46 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 46 $8,310,000 $180,652 $5,421 7.02%
    20-30% 34 $5,580,000 $164,118 $5,027 6.76%
    43% 21 $4,525,000 $215,476 $6,290 7.09%
    44% 21 $2,555,000 $121,667 $3,657 8.06%
    39% 13 $2,335,000 $179,615 $5,683 7.25%
    42% 12 $1,960,000 $163,333 $4,759 7.66%
    38% 10 $1,480,000 $148,000 $4,243 7.61%
    41% 9 $825,000 $91,667 $3,361 7.28%
    <20% 8 $1,240,000 $155,000 $4,832 7.15%
    40% 8 $2,160,000 $270,000 $5,945 7.10%
    49% 7 $1,535,000 $219,286 $6,234 6.78%
    45% 6 $1,820,000 $303,333 $8,225 6.77%
    46% 6 $700,000 $116,667 $3,781 7.73%
    37% 6 $720,000 $120,000 $4,761 7.42%
    48% 6 $1,160,000 $193,333 $6,431 7.04%
    36% 5 $975,000 $195,000 $6,848 7.16%
    47% 3 $1,335,000 $445,000 $10,946 6.08%
    50-60% 3 $655,000 $218,333 $5,752 8.54%
    >60% 1 $385,000 $385,000 $10,022 5.99%

    Member Home Loan lent most frequently to those with DTI ratios of 30-36%, with 46 originations. The next most common DTI ratio? 20-30%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 139 $24,145,000 $173,705 $5,206 7.19%
    Not provided 34 $6,500,000 $191,176 $5,800 6.94%
    Black 35 $6,285,000 $179,571 $5,278 7.37%
    Asian 8 $1,580,000 $197,500 $5,227 7.21%
    American Indian 7 $1,065,000 $152,143 $4,220 7.89%
    Asian Indian 2 $680,000 $340,000 $9,653 7.06%

    Approval Rates

    Total approvals of all applications
    88.32%

    Member Home Loan has an average approval rate.

    Pick Rate

    Approvals leading to origination
    36.44%

    Member Home Loan 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 225 $40,255,000 $178,911

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    225 $40,255,000 $178,911

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 40 $3,680,000 $92,000 $2,994 7.57%
    40-60% 31 $4,655,000 $150,161 $5,190 6.72%
    60-80% 56 $14,230,000 $254,107 $7,210 7.11%
    80-100% 62 $15,780,000 $254,516 $7,492 6.78%
    Under 20% 36 $1,910,000 $53,056 $1,314 8.06%