V.i.p. Mortgage Rates, Fees & Info
SCOTTSDALE, AZLEI: 549300PC4MFWQBNVKG88
Tax ID: 42-1720343
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Mortgage Data
Review & Overview
V.i.p. Mortgage is a small mortgage company specializing in Home Purchase loans. V.i.p. 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.) They have a low ratio of USDA 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: Phoenix, Denver, Tucson, Hilo, and San Antonio among others. We have data for 181 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. (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 | 6.79% | 11/30/23 |
| 30 Year Conventional Refi | 6.62% | 11/30/23 |
| 30 Year Cash-out Refi | 6.86% | 11/30/23 |
| 30 Year FHA Purchase | 7.59% | 11/30/23 |
| 30 Year FHA Refi | 7.10% | 11/30/23 |
| 30 Year VA Purchase | 6.43% | 11/30/23 |
| 30 Year VA Refi | 6.07% | 11/30/23 |
| 30 Year USDA Purchase | 6.91% | 11/30/23 |
| 15 Year Conventional Purchase | 6.26% | 11/30/23 |
| 15 Year Conventional Refi | 6.22% | 11/30/23 |
| 15 Year Cash-out Refi | 6.22% | 11/30/23 |
| 15 Year FHA Purchase | 5.68% | 11/30/23 |
| 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. | ||
V.i.p. Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from V.i.p. 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
6,277Origination Dollar Volume (All Markets)
$2,348,845,000Awards
V.I.P. MORTGAGE - 2022
V.I.P. MORTGAGE is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
V.i.p. Mortgage's average 30 year fixed mortgage rate was
5.08%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.32%.
Relative Fees (Closing Costs)
V.i.p. Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,109.
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 $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) | 2,706 | $1,030,870,000 | $380,957 | $7,990 | 5.02% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 585 | $293,965,000 | $502,504 | $7,020 | 5.05% |
| TUCSON, AZ (FHA|USDA|VA) | 873 | $251,745,000 | $288,368 | $6,800 | 5.05% |
| Hilo, HI (FHA|USDA|VA) | 283 | $128,905,000 | $455,495 | $10,290 | 5.02% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 372 | $112,750,000 | $303,091 | $10,017 | 5.06% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 161 | $67,285,000 | $417,919 | $7,466 | 4.98% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 166 | $59,600,000 | $359,036 | $8,545 | 4.99% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 159 | $53,915,000 | $339,088 | $9,460 | 5.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 30 | $20,470,000 | $682,333 | $11,595 | 4.67% |
| FORT WAYNE, IN (FHA|USDA|VA) | 72 | $19,900,000 | $276,389 | $7,080 | 5.25% |
| Outside of Metro Areas | 49 | $18,735,000 | $382,347 | $7,382 | 5.22% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 41 | $18,255,000 | $445,244 | $8,824 | 5.08% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 18 | $14,680,000 | $815,556 | $11,449 | 5.29% |
| Payson, AZ (FHA|USDA|VA) | 41 | $11,105,000 | $270,854 | $6,228 | 5.19% |
| Show Low, AZ (FHA|USDA|VA) | 36 | $10,390,000 | $288,611 | $7,755 | 5.50% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 15 | $9,005,000 | $600,333 | $10,725 | 4.68% |
| GREELEY, CO (FHA|USDA|VA) | 22 | $8,920,000 | $405,455 | $7,854 | 4.63% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 15 | $8,645,000 | $576,333 | $17,295 | 5.15% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 23 | $8,405,000 | $365,435 | $7,831 | 5.04% |
| EL PASO, TX (FHA|USDA|VA) | 33 | $8,045,000 | $243,788 | $9,936 | 5.30% |
| Kerrville, TX (FHA|USDA|VA) | 28 | $7,610,000 | $271,786 | $11,210 | 5.17% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 20 | $7,180,000 | $359,000 | $10,372 | 5.10% |
| FORT COLLINS, CO (FHA|USDA|VA) | 13 | $6,785,000 | $521,923 | $6,939 | 4.78% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 12 | $5,920,000 | $493,333 | $9,722 | 5.04% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 16 | $5,690,000 | $355,625 | $10,395 | 4.88% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 22 | $5,550,000 | $252,273 | $3,926 | 5.75% |
| BOULDER, CO (FHA|USDA|VA) | 8 | $4,790,000 | $598,750 | $3,569 | 4.39% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 13 | $4,375,000 | $336,538 | $5,571 | 6.09% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 16 | $4,310,000 | $269,375 | $8,656 | 5.39% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 13 | $4,235,000 | $325,769 | $9,857 | 5.26% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 8 | $4,130,000 | $516,250 | $14,362 | 5.23% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5 | $4,005,000 | $801,000 | $13,437 | 5.27% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 9 | $3,485,000 | $387,222 | $6,520 | 5.25% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 16 | $3,260,000 | $203,750 | $6,145 | 5.15% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 10 | $3,160,000 | $316,000 | $5,894 | 5.14% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $3,085,000 | $1,028,333 | $4,060 | 6.68% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 11 | $3,055,000 | $277,727 | $8,858 | 5.37% |
| Auburn, IN (FHA|USDA|VA) | 11 | $3,035,000 | $275,909 | $8,360 | 5.49% |
| Breckenridge, CO (FHA|USDA|VA) | 4 | $3,030,000 | $757,500 | $5,511 | 5.50% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 10 | $3,030,000 | $303,000 | $9,239 | 4.95% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 5 | $2,825,000 | $565,000 | $10,734 | 4.03% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $2,815,000 | $312,778 | $7,859 | 5.32% |
| SALEM, OR (FHA|USDA|VA) | 6 | $2,770,000 | $461,667 | $11,718 | 5.92% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 8 | $2,670,000 | $333,750 | $9,707 | 4.89% |
| MADISON, WI (FHA|USDA|VA) | 11 | $2,575,000 | $234,091 | $5,147 | 5.23% |
| Nogales, AZ (FHA|USDA|VA) | 8 | $2,400,000 | $300,000 | $7,598 | 5.00% |
| PUEBLO, CO (FHA|USDA|VA) | 11 | $2,085,000 | $189,545 | $6,718 | 5.17% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $2,085,000 | $695,000 | $5,896 | 5.42% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $1,960,000 | $980,000 | $28,888 | 5.06% |
| Huntington, IN (FHA|USDA|VA) | 8 | $1,920,000 | $240,000 | $5,304 | 4.58% |
| Safford, AZ (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $5,514 | 4.14% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 5 | $1,905,000 | $381,000 | $7,851 | 5.47% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 8 | $1,870,000 | $233,750 | $5,363 | 5.81% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $1,830,000 | $457,500 | $4,452 | 5.28% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $1,785,000 | $357,000 | $10,828 | 5.58% |
| FARMINGTON, NM (FHA|USDA|VA) | 7 | $1,685,000 | $240,714 | $6,490 | 5.18% |
| Durango, CO (FHA|USDA|VA) | 4 | $1,570,000 | $392,500 | $4,939 | 4.12% |
| Mineral Wells, TX (FHA|USDA|VA) | 4 | $1,560,000 | $390,000 | $7,355 | 5.50% |
| YUMA, AZ (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $10,745 | 5.50% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $1,485,000 | $495,000 | $12,196 | 3.75% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $1,460,000 | $730,000 | $4,898 | 5.44% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $1,450,000 | $725,000 | $5,122 | 3.43% |
| Kendallville, IN (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $5,867 | 5.64% |
| YUBA CITY, CA (FHA|USDA|VA) | 3 | $1,375,000 | $458,333 | $3,384 | 4.87% |
| Outside of Metro Areas | 2 | $1,340,000 | $670,000 | $8,033 | 5.94% |
| Brenham, TX (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $4,777 | 4.88% |
| ABILENE, TX (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $10,049 | 6.47% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,205,000 | $401,667 | $10,384 | 5.70% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $7,719 | 5.31% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $12,682 | 5.25% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $7,141 | 4.56% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $13,116 | 6.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 5 | $1,095,000 | $219,000 | $10,022 | 4.87% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $12,213 | 5.12% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $8,319 | 5.25% |
| NAPA, CA (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $6,186 | 4.87% |
| Heber, UT (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $4,965 | 4.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $9,576 | 4.17% |
| GRANTS PASS, OR (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $8,356 | 5.84% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $7,838 | 4.67% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $11,896 | 4.44% |
| Granbury, TX (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $11,937 | 6.19% |
| Cañon City, CO (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $5,647 | 4.96% |
| Bluffton, IN (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $7,938 | 6.06% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $13,849 | 6.13% |
| Fredericksburg, TX (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $14,524 | 5.08% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $9,063 | 5.12% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $4,030 | 4.66% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,942 | 5.13% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $5,476 | 4.31% |
| LAREDO, TX (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $10,341 | 5.00% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $12,222 | 5.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $3,814 | 5.04% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,709 | 5.08% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $5,416 | 6.63% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $7,213 | 4.50% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $4,172 | 5.68% |
| TYLER, TX (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $13,726 | 5.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $4,329 | 6.37% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,904 | 5.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $11,228 | 6.50% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $3,131 | 6.00% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,843 | 3.38% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,390 | 5.50% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,114 | 5.44% |
| Beaver Dam, WI (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $3,446 | 3.88% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $10,323 | 5.31% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $4,967 | 7.38% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,778 | 5.75% |
| Fort Morgan, CO (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $9,545 | 5.88% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,957 | 5.62% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,882 | 3.38% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $14,846 | 7.63% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 6.63% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,317 | 5.37% |
| Centralia, WA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,776 | 5.13% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $11,896 | 4.75% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $10,917 | 6.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,822 | 4.88% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,099 | 6.25% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $4,342 | 6.21% |
| Warsaw, IN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,851 | 6.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $125 | 4.25% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,976 | 4.75% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $1,610 | 6.75% |
| Shelton, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $15,621 | 4.88% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $12,154 | 6.63% |
| Newport, OR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $14,119 | 5.00% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $8,123 | 3.88% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,371 | 3.13% |
| Fernley, NV (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $8,787 | 7.50% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,102 | 5.99% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,116 | 5.63% |
| Alamogordo, NM (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,912 | 6.67% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,513 | 7.50% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,433 | 6.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 3.73% |
| WACO, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $7,147 | 5.56% |
| AMES, IA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,950 | 5.63% |
| Decatur, IN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,296 | 3.75% |
| Van Wert, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,571 | 5.38% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,772 | 5.63% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,137 | 6.62% |
| REDDING, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 5.50% |
| PEORIA, IL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,274 | 6.50% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,834 | 4.75% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,681 | 6.13% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,193 | 3.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,322 | 4.12% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,748 | 4.13% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,224 | 4.13% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,981 | 6.00% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,532 | 7.25% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,405 | 5.50% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,277 | 3.49% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,642 | 4.50% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,656 | 4.44% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,470 | 3.38% |
| Brookings, OR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,304 | 5.25% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,506 | 5.99% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,854 | 5.63% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $9,550 | 5.25% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,299 | 4.88% |
| Oskaloosa, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,580 | 6.88% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,029 | 6.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 6.12% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,840 | 4.75% |
| Bonham, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,685 | 4.50% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,976 | 3.88% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,720 | 4.99% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,143 | 3.38% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,317 | 5.38% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,226 | 3.75% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,260 | 6.12% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.80% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,447 | 4.25% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,766 | 3.38% |
| Plainview, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,117 | 4.88% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,555 | 7.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,774 | 7.13% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,984 | 4.50% |
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We use machine learning to identify the top lenders compared against V.I.P. MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, V.i.p. Mortgage's most frequently originated type of loan was Conventional, with 4,674 originations. Their 2nd most popular type was FHA, with 862 originations.
Loan Reason
For 2022, V.i.p. Mortgage's most frequently cited loan purpose was Home Purchase, with 4,672 originations. The 2nd most popular reason was Cash Out Refi, with 1,089 originations.
Loan Duration/Length
For 2022, V.i.p. Mortgage's most frequently cited loan duration was 30 Year, with 5,869 originations. The 2nd most popular length was Other, with 235 originations.
Origination Fees/Closing Costs
V.i.p. Mortgage's average total fees were $8,109, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,241 originations.
Interest Rates
During 2022, V.i.p. Mortgage's average interest rate for loans was 5.08%, while their most frequently originated rate bucket for loans was 5-6%, with 1,988 originations.
Loan Sizing
2022 saw V.i.p. Mortgage place emphasis on $200k-400k loans with 3,135 originations, totaling $931,075,000 in origination value.
Applicant Income
V.i.p. Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,549 originations. The second most popular income band? $50k-75k, with 1,208 originations.
Applicant Debt to Income Ratio
V.i.p. Mortgage lent most frequently to those with DTI ratios of 30-36%, with 956 originations. The next most common DTI ratio? 20-30%, with 832 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.40%
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 origination74.99%
V.i.p. Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 6,277 | $2,348,845,000 | $374,199 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6,277 | $2,348,845,000 | $374,199 |