V.i.p. Mortgage Rates, Fees & Info
SCOTTSDALE, AZLEI: 549300PC4MFWQBNVKG88
Tax ID: 42-1720343
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
V.i.p. Mortgage is a mid-sized mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. V.i.p. Mortgage 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 include Phoenix, Tucson, Denver, Hilo, and San Antonio among others. V.i.p. Mortgage has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. V.i.p. Mortgage is typically an average fee lendor.Originations
14,916Origination Dollar Volume (All Markets)
$4,894,210,000Awards
V.I.P. MORTGAGE - 2021
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For 2021, less than of lenders were eligible for this award.
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Relative Rate
V.i.p. Mortgage 's average 30 year fixed rate mortgage of loans were
3.11%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.04%.
Relative Fees
V.i.p. Mortgage 's average total fees for a 30 year fixed rate
mortgage are $5,167.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7,225 | $2,376,525,000 | $328,931 | $4,898 | 3.10% |
| TUCSON, AZ (FHA|USDA|VA) | 2,525 | $646,755,000 | $256,141 | $4,075 | 2.96% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1,324 | $535,190,000 | $404,222 | $4,933 | 3.02% |
| Hilo, HI (FHA|USDA|VA) | 537 | $216,605,000 | $403,361 | $7,236 | 3.05% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 563 | $160,775,000 | $285,568 | $7,244 | 3.04% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 406 | $143,360,000 | $353,103 | $4,646 | 2.94% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 362 | $116,750,000 | $322,514 | $5,829 | 3.06% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 120 | $57,660,000 | $480,500 | $4,497 | 2.94% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 156 | $48,090,000 | $308,269 | $6,232 | 3.03% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 69 | $43,855,000 | $635,580 | $5,413 | 2.91% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 74 | $42,400,000 | $572,973 | $5,242 | 2.88% |
| Outside of Metro Areas | 91 | $25,915,000 | $284,780 | $5,007 | 3.08% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 57 | $24,095,000 | $422,719 | $5,503 | 3.13% |
| FORT WAYNE, IN (FHA|USDA|VA) | 97 | $23,605,000 | $243,351 | $3,948 | 3.14% |
| Show Low, AZ (FHA|USDA|VA) | 81 | $21,905,000 | $270,432 | $4,580 | 3.11% |
| Payson, AZ (FHA|USDA|VA) | 67 | $21,075,000 | $314,552 | $4,606 | 3.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 27 | $18,625,000 | $689,815 | $4,938 | 2.99% |
| GREELEY, CO (FHA|USDA|VA) | 43 | $18,005,000 | $418,721 | $5,395 | 3.02% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 50 | $16,260,000 | $325,200 | $3,365 | 3.02% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 34 | $13,170,000 | $387,353 | $5,767 | 2.91% |
| Kerrville, TX (FHA|USDA|VA) | 51 | $13,095,000 | $256,765 | $8,471 | 3.23% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 39 | $11,915,000 | $305,513 | $6,587 | 3.05% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 31 | $11,525,000 | $371,774 | $4,696 | 2.87% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 32 | $11,500,000 | $359,375 | $7,317 | 3.13% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 20 | $10,680,000 | $534,000 | $11,315 | 3.02% |
| BOULDER, CO (FHA|USDA|VA) | 21 | $10,645,000 | $506,905 | $4,472 | 2.93% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 29 | $10,645,000 | $367,069 | $5,729 | 2.92% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 28 | $10,140,000 | $362,143 | $3,970 | 3.16% |
| Breckenridge, CO (FHA|USDA|VA) | 13 | $8,915,000 | $685,769 | $4,346 | 2.99% |
| FORT COLLINS, CO (FHA|USDA|VA) | 23 | $8,395,000 | $365,000 | $4,145 | 3.00% |
| MADISON, WI (FHA|USDA|VA) | 29 | $7,065,000 | $243,621 | $4,613 | 3.17% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 26 | $6,860,000 | $263,846 | $5,227 | 3.24% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 8 | $6,690,000 | $836,250 | $5,238 | 2.91% |
| VALLEJO, CA (FHA|USDA|VA) | 12 | $5,970,000 | $497,500 | $7,118 | 3.26% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 27 | $5,685,000 | $210,556 | $3,838 | 3.43% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 11 | $5,665,000 | $515,000 | $8,937 | 3.09% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 19 | $5,425,000 | $285,526 | $4,225 | 3.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 26 | $5,370,000 | $206,538 | $5,074 | 3.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 19 | $5,175,000 | $272,368 | $4,705 | 3.14% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 18 | $4,240,000 | $235,556 | $5,653 | 3.21% |
| Steamboat Springs, CO (FHA|USDA|VA) | 6 | $3,970,000 | $661,667 | $5,730 | 3.42% |
| YUMA, AZ (FHA|USDA|VA) | 16 | $3,540,000 | $221,250 | $4,205 | 3.33% |
| STOCKTON, CA (FHA|USDA|VA) | 8 | $3,410,000 | $426,250 | $6,254 | 2.92% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 11 | $3,385,000 | $307,727 | $6,375 | 2.93% |
| PROVO-OREM, UT (FHA|USDA|VA) | 9 | $3,155,000 | $350,556 | $4,268 | 3.11% |
| Mineral Wells, TX (FHA|USDA|VA) | 6 | $3,060,000 | $510,000 | $7,425 | 3.39% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 4 | $2,940,000 | $735,000 | $11,050 | 3.50% |
| EL PASO, TX (FHA|USDA|VA) | 18 | $2,830,000 | $157,222 | $4,761 | 3.03% |
| Durango, CO (FHA|USDA|VA) | 6 | $2,810,000 | $468,333 | $5,533 | 2.87% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 9 | $2,805,000 | $311,667 | $5,909 | 3.08% |
| Nogales, AZ (FHA|USDA|VA) | 15 | $2,805,000 | $187,000 | $5,063 | 3.02% |
| Kendallville, IN (FHA|USDA|VA) | 12 | $2,770,000 | $230,833 | $5,592 | 3.28% |
| FARMINGTON, NM (FHA|USDA|VA) | 9 | $2,525,000 | $280,556 | $3,927 | 3.31% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 7 | $2,445,000 | $349,286 | $4,059 | 3.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $2,395,000 | $798,333 | $3,668 | 2.75% |
| PUEBLO, CO (FHA|USDA|VA) | 9 | $2,385,000 | $265,000 | $6,390 | 3.12% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $2,315,000 | $463,000 | $4,704 | 3.15% |
| Auburn, IN (FHA|USDA|VA) | 8 | $2,280,000 | $285,000 | $5,559 | 3.17% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 3 | $2,195,000 | $731,667 | $11,974 | 3.21% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $2,150,000 | $358,333 | $4,336 | 3.04% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $2,100,000 | $1,050,000 | $3,642 | 3.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 8 | $2,050,000 | $256,250 | $3,113 | 3.09% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 6 | $2,030,000 | $338,333 | $4,229 | 3.12% |
| Cañon City, CO (FHA|USDA|VA) | 9 | $2,015,000 | $223,889 | $3,408 | 2.99% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 5 | $1,945,000 | $389,000 | $4,371 | 2.83% |
| WACO, TX (FHA|USDA|VA) | 7 | $1,785,000 | $255,000 | $5,393 | 3.18% |
| Heber, UT (FHA|USDA|VA) | 3 | $1,685,000 | $561,667 | $12,511 | 3.04% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $1,650,000 | $825,000 | $6,244 | 2.81% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 7 | $1,645,000 | $235,000 | $5,744 | 3.21% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 10 | $1,590,000 | $159,000 | $4,729 | 3.83% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 5 | $1,575,000 | $315,000 | $5,386 | 3.23% |
| Glenwood Springs, CO (FHA|USDA|VA) | 3 | $1,565,000 | $521,667 | $6,648 | 3.16% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $1,555,000 | $311,000 | $5,938 | 3.12% |
| SALEM, OR (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $5,355 | 2.90% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $5,534 | 3.19% |
| Warsaw, IN (FHA|USDA|VA) | 6 | $1,490,000 | $248,333 | $5,037 | 3.23% |
| Oak Harbor, WA (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $5,594 | 2.80% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $1,455,000 | $485,000 | $4,787 | 3.41% |
| Shelton, WA (FHA|USDA|VA) | 1 | $1,455,000 | $1,455,000 | $6,299 | 2.75% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $3,481 | 2.79% |
| Kapaa, HI (FHA|USDA|VA) | 3 | $1,415,000 | $471,667 | $5,812 | 3.35% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $1,385,000 | $461,667 | $3,458 | 3.38% |
| LAS CRUCES, NM (FHA|USDA|VA) | 6 | $1,360,000 | $226,667 | $6,112 | 2.96% |
| Beaver Dam, WI (FHA|USDA|VA) | 7 | $1,325,000 | $189,286 | $4,646 | 3.18% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $3,755 | 2.92% |
| Granbury, TX (FHA|USDA|VA) | 5 | $1,235,000 | $247,000 | $5,458 | 3.30% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $4,871 | 3.58% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 6 | $1,190,000 | $198,333 | $5,404 | 3.19% |
| BOISE CITY, ID (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $6,040 | 3.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $3,196 | 2.72% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $1,090,000 | $136,250 | $2,904 | 3.52% |
| CORVALLIS, OR (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $5,873 | 3.29% |
| BEND, OR (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $6,874 | 3.29% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $3,752 | 3.08% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $3,254 | 2.75% |
| LUBBOCK, TX (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $4,387 | 2.97% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $7,123 | 3.13% |
| MADERA, CA (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $6,258 | 3.31% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 6 | $930,000 | $155,000 | $5,303 | 3.31% |
| Sturgis, MI (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $5,757 | 3.08% |
| LONGVIEW, TX (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $9,321 | 3.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $5,769 | 2.81% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $11,619 | 2.63% |
| Safford, AZ (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $6,158 | 3.13% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $2,628 | 3.13% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $3,232 | 3.12% |
| Angola, IN (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $5,175 | 3.13% |
| SANTA FE, NM (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $4,419 | 3.17% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $2,841 | 3.31% |
| Edwards, CO (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $6,592 | 3.63% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $5,502 | 3.00% |
| Stephenville, TX (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $5,953 | 3.38% |
| COLUMBUS, IN (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $3,329 | 2.88% |
| Ruidoso, NM (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $5,164 | 3.00% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,026 | 2.88% |
| RENO, NV (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $4,120 | 2.88% |
| Huntington, IN (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $3,758 | 3.30% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $9,595 | 2.94% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $1,714 | 2.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,963 | 3.04% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $5,843 | 3.50% |
| SAN ANGELO, TX (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $6,874 | 3.38% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $7,648 | 3.38% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $4,039 | 2.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $4,837 | 3.50% |
| Bonham, TX (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $5,392 | 3.65% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,565 | 3.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $3,213 | 3.29% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $10,713 | 2.63% |
| Coldwater, MI (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,717 | 3.50% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $6,687 | 3.54% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $1,578 | 3.25% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,827 | 2.75% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $3,779 | 2.50% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,446 | 2.50% |
| DULUTH, MN-WI (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,134 | 3.13% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $2,782 | 3.25% |
| NAPA, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $2,733 | 2.88% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,009 | 2.50% |
| Del Rio, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,277 | 3.19% |
| Bluffton, IN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,103 | 3.19% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,989 | 3.00% |
| Centralia, WA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $2,717 | 2.75% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,117 | 3.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $3,449 | 2.92% |
| MUNCIE, IN (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $3,938 | 2.71% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $3,941 | 2.75% |
| Van Wert, OH (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,535 | 3.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,910 | 3.09% |
| ODESSA, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $6,207 | 3.12% |
| Taos, NM (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $7,324 | 3.00% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,630 | 2.38% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $2,395 | 3.81% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $8,651 | 3.13% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,995 | 3.13% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $5,625 | 3.18% |
| Beeville, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $14,114 | 3.13% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,183 | 3.38% |
| Athens, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,977 | 3.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,950 | 2.94% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,409 | 2.99% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,241 | 2.25% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,167 | 2.69% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,541 | 2.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,664 | 3.13% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,440 | 2.75% |
| Fredericksburg, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $6,079 | 2.94% |
| TYLER, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,804 | 3.50% |
| Sterling, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,967 | 2.75% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,084 | 2.69% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,236 | 3.49% |
| La Grande, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,198 | 3.38% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,372 | 3.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,855 | 3.25% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,070 | 3.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,876 | 2.88% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,868 | 3.00% |
| DUBUQUE, IA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,970 | 2.99% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,856 | 2.75% |
| Outside of Metro Areas | 1 | $245,000 | $245,000 | $4,353 | 3.25% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,403 | 2.75% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,523 | 3.50% |
| Richmond, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,308 | 2.88% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,978 | 3.38% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,175 | 2.88% |
| Montrose, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,014 | 3.38% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,272 | 3.63% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,181 | 4.25% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,548 | 3.81% |
| Silver City, NM (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,731 | 3.81% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,656 | 3.25% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,481 | 3.00% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,499 | 2.87% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 3.93% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,694 | 3.88% |
| Roswell, NM (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,891 | 2.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,171 | 3.37% |
| New Castle, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,179 | 3.13% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,080 | 3.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,643 | 3.00% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,086 | 2.63% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,615 | 3.38% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,859 | 2.88% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,712 | 4.38% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,230 | 2.25% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,709 | 2.75% |
| Clinton, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,990 | 2.99% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,868 | 3.13% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,663 | 3.50% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,431 | 2.75% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,476 | 3.25% |
V.i.p. Mortgage 's top markets include Phoenix, Tucson, Denver, Hilo, and San Antonio among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 12,368 | $4,114,300,000 | $332,657 | $4,370 | 3.07% |
| FHA | 1,428 | $380,340,000 | $266,345 | $9,652 | 3.13% |
| VA | 1,030 | $377,040,000 | $366,058 | $6,987 | 2.75% |
| USDA | 90 | $22,530,000 | $250,333 | $6,562 | 2.99% |
For the 2021 period, V.i.p. Mortgage 's most frequently originated loan type of loans were Conventional, with 12,368 originations. Their 2nd most popular type is FHA, with 1,428 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 6,580 | $2,383,090,000 | $362,172 | $6,575 | 3.15% |
| Refi | 5,010 | $1,494,740,000 | $298,351 | $3,400 | 2.85% |
| Cash Out Refi | 3,320 | $1,014,940,000 | $305,705 | $4,230 | 3.19% |
| Other | 5 | $1,355,000 | $271,000 | $0 | 2.49% |
| Home Improvement | 1 | $85,000 | $85,000 | $0 | 3.06% |
For the 2021, V.i.p. Mortgage 's most frequently cited loan purpose of loans were Home Purchase, with 6,580 originations. The 2nd most popular reason of loans were Refi, with 5,010 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 13,347 | $4,487,185,000 | $336,194 | $5,167 | 3.11% |
| 15 Year | 925 | $234,595,000 | $253,616 | $3,359 | 2.51% |
| Other | 307 | $80,445,000 | $262,036 | $3,018 | 2.68% |
| 20 Year | 268 | $76,510,000 | $285,485 | $3,213 | 2.84% |
| 10 Year | 69 | $15,475,000 | $224,275 | $3,426 | 2.41% |
For the 2021, V.i.p. Mortgage 's most frequently cited loan length of loans were 30 Year, with 13,347 originations. The 2nd most popular length of loans were 15 Year, with 925 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 10,788 | $3,464,130,000 | $321,110 |
| $3k-4k | 1,336 | $436,350,000 | $326,609 |
| $2k-3k | 1,124 | $345,140,000 | $307,064 |
| $5k+ | 772 | $360,690,000 | $467,215 |
| $<1k | 668 | $230,940,000 | $345,719 |
$5,167 of loans were V.i.p. Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 10,788 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 6,601 | $2,138,505,000 | $323,967 |
| 2.5-3% | 6,401 | $2,177,995,000 | $340,259 |
| <2.5% | 1,559 | $481,205,000 | $308,663 |
| 4-5% | 353 | $96,145,000 | $272,365 |
| 5-6% | 2 | $360,000 | $180,000 |
During 2021, V.i.p. Mortgage 's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 3-4%, with 6,601 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 7,927 | $2,295,205,000 | $289,543 | $5,070 | 3.09% |
| $400k-600k | 3,039 | $1,474,055,000 | $485,046 | $5,510 | 3.02% |
| $100k-200k | 2,924 | $465,890,000 | $159,333 | $3,662 | 3.03% |
| $600k-1MM | 620 | $449,480,000 | $724,968 | $7,259 | 3.01% |
| $100,000 or less | 264 | $21,550,000 | $81,629 | $3,003 | 2.96% |
| $1MM+ | 142 | $188,030,000 | $1,324,155 | $10,041 | 2.97% |
2021 saw V.i.p. Mortgage place emphasis on $200k-400k loans with 7,927 originations, totaling $2,295,205,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 3,363 | $1,181,655,000 | $351,369 | $5,018 | 3.06% |
| $50k-75k | 3,190 | $813,270,000 | $254,944 | $5,087 | 3.10% |
| $75k-100k | 2,708 | $821,080,000 | $303,205 | $5,146 | 3.11% |
| $150k-250k | 2,314 | $973,320,000 | $420,622 | $4,932 | 3.04% |
| $50k or less | 2,072 | $435,110,000 | $209,995 | $4,292 | 2.95% |
| $250k+ | 1,133 | $623,715,000 | $550,499 | $5,695 | 3.06% |
V.i.p. Mortgage lent most frequently to those with incomes in the $100k-150k range, with 3,363 originations. The second most popular income band? $50k-75k, with 3,190 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 3,109 | $1,019,655,000 | $327,969 | $4,336 | 2.99% |
| 30-36% | 2,640 | $893,250,000 | $338,352 | $4,841 | 3.08% |
| <20% | 1,283 | $404,575,000 | $315,335 | $3,998 | 2.93% |
| 44% | 636 | $203,640,000 | $320,189 | $5,461 | 3.20% |
| 42% | 605 | $213,455,000 | $352,818 | $5,302 | 3.14% |
| 43% | 593 | $188,905,000 | $318,558 | $5,379 | 3.14% |
| 40% | 551 | $193,715,000 | $351,570 | $5,305 | 3.17% |
| 41% | 545 | $189,725,000 | $348,119 | $5,340 | 3.14% |
| 39% | 534 | $185,080,000 | $346,592 | $5,250 | 3.12% |
| 38% | 504 | $168,300,000 | $333,929 | $5,086 | 3.10% |
| 37% | 486 | $171,790,000 | $353,477 | $5,268 | 3.12% |
| 49% | 466 | $145,890,000 | $313,069 | $5,734 | 3.13% |
| 36% | 466 | $157,160,000 | $337,253 | $4,788 | 3.10% |
| 50-60% | 443 | $134,055,000 | $302,607 | $8,891 | 3.08% |
| 45% | 416 | $128,110,000 | $307,957 | $5,732 | 3.16% |
| 48% | 389 | $117,945,000 | $303,201 | $5,330 | 3.17% |
| 47% | 360 | $113,600,000 | $315,556 | $5,821 | 3.15% |
| 46% | 343 | $109,015,000 | $317,828 | $5,424 | 3.13% |
| >60% | 9 | $3,775,000 | $419,444 | $11,300 | 3.19% |
V.i.p. Mortgage lent most frequently to those with DTI ratios of 20-30%, with 3,109 originations. The next most common DTI ratio? 30-36%, with 2,640 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 12,842 | $4,199,450,000 | $327,009 | $4,880 | 3.05% |
| Not provided | 872 | $285,630,000 | $327,557 | $5,447 | 3.04% |
| Asian | 578 | $206,010,000 | $356,419 | $5,481 | 3.05% |
| Black | 442 | $142,400,000 | $322,172 | $5,999 | 3.16% |
| Native Hawaiian | 89 | $32,145,000 | $361,180 | $7,502 | 3.11% |
| American Indian | 92 | $28,330,000 | $307,935 | $6,331 | 3.06% |
| Filipino | 1 | $245,000 | $245,000 | $2,963 | 2.88% |
Approval Rates
Total approvals of all applications96.13%
V.i.p. Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.65%
V.i.p. Mortgage has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 14,916 | $4,894,210,000 | $328,118 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 14,916 | $4,894,210,000 | $328,118 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 761 | $164,635,000 | $216,340 | $3,472 | 2.84% |
| 40-60% | 2,705 | $779,715,000 | $288,250 | $3,663 | 2.91% |
| 60-80% | 5,800 | $2,005,550,000 | $345,784 | $4,440 | 3.12% |
| 80-100% | 5,216 | $1,813,650,000 | $347,709 | $6,254 | 3.11% |
| Over 100% | 177 | $68,155,000 | $385,056 | $14,567 | 2.89% |
| Under 20% | 75 | $11,965,000 | $159,533 | $3,438 | 2.69% |
