V.i.p. Mortgage Rates, Fees & Info

SCOTTSDALE, AZ

LEI: 549300PC4MFWQBNVKG88

Tax ID: 42-1720343

4.7 stars - out of 5 stars, based on 122 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & 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 by origination volume include: Phoenix, Tucson, Denver, Hilo, and San Antonio among others. We have data for 212 markets. (Some data included below & more in-depth data is available with an active subscription.)

    V.i.p. 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. V.i.p. Mortgage is typically an average fee lender. 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 in 2021-- chances are they are still one in 2022.

    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 5.65% 8/7/22
    30 Year Conventional Refi 5.45% 8/7/22
    30 Year Cash-out Refi 5.67% 8/7/22
    30 Year FHA Purchase 6.69% 8/7/22
    30 Year FHA Refi 6.12% 8/7/22
    30 Year VA Purchase 5.39% 8/7/22
    30 Year VA Refi 4.98% 8/7/22
    30 Year USDA Purchase 5.92% 8/7/22
    30 Year USDA Refi 5.65% 8/7/22
    15 Year Conventional Purchase 4.56% 8/7/22
    15 Year Conventional Refi 4.51% 8/7/22
    15 Year Cash-out Refi 4.51% 8/7/22
    15 Year FHA Refi 4.26% 8/7/22
    15 Year VA Purchase 4.66% 8/7/22
    15 Year VA Refi 4.52% 8/7/22
    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.


    Originations

    14,916

    Origination Dollar Volume (All Markets)

    $4,894,210,000

    Awards

    V.I.P. MORTGAGE  FHA Loans bronze V.I.P. MORTGAGE  USDA Loans gold
    Show all (2) awards

    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

    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
    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%
    CaƱon 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
    $2k-3k » 1,124 $345,140,000 $307,064
    $5k+ » 772 $360,690,000 $467,215
    $3k-4k » 746 $239,690,000 $321,300
    $<1k » 668 $230,940,000 $345,719
    $4k-5k » 590 $196,660,000 $333,322

    $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 or Islander » 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 applications
    97.83%

    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 origination
    85.46%

    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%