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

Latest/2021 | 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 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, 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. (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 6.96% 11/27/22
    30 Year Conventional Refi 6.76% 11/27/22
    30 Year Cash-out Refi 6.98% 11/27/22
    30 Year FHA Purchase 8.00% 11/27/22
    30 Year FHA Refi 7.43% 11/27/22
    30 Year VA Purchase 6.70% 11/27/22
    30 Year VA Refi 6.29% 11/27/22
    30 Year USDA Purchase 7.23% 11/27/22
    30 Year USDA Refi 6.96% 11/27/22
    15 Year Conventional Purchase 6.20% 11/27/22
    15 Year Conventional Refi 6.15% 11/27/22
    15 Year Cash-out Refi 6.15% 11/27/22
    15 Year FHA Refi 5.90% 11/27/22
    15 Year VA Purchase 6.30% 11/27/22
    15 Year VA Refi 6.16% 11/27/22
    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 mortgage rate was 3.11%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.04%.

    Relative Fees (Closing Costs)

    V.i.p. Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $5,167.

    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) 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.

    Their top states include:
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Similar Lenders

    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.

    The Riddell National Bank
    Similarity Rank: 252
    Mutual Savings Bank
    Similarity Rank: 264
    Christian Community Credit Union
    Similarity Rank: 354
    AMOCO
    Similarity Rank: 405
    First Credit Union
    Similarity Rank: 558
    Independent Federal Credit Union
    Similarity Rank: 560
    WESTSTAR MORTGAGE CORPORATION
    Similarity Rank: 560
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624
    CASTPARTS EMPLOYEES
    Similarity Rank: 660

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 12,368 $4,114,300,000 $332,657 $4,370 3.07%
    FHA 1,222 $328,420,000 $268,756 $9,652 3.22%
    VA 1,030 $377,040,000 $366,058 $6,987 2.75%
    FHA 185 $46,015,000 $248,730 $0 2.41%
    USDA 90 $22,530,000 $250,333 $6,562 2.99%
    FHA 21 $5,905,000 $281,190 $0 3.85%

    For 2021, V.i.p. Mortgage's most frequently originated type of loan was Conventional, with 12,368 originations. Their 2nd most popular type was FHA, with 1,222 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, V.i.p. Mortgage's most frequently cited loan purpose was Home Purchase, with 6,580 originations. The 2nd most popular reason was 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 2021, V.i.p. Mortgage's most frequently cited loan duration was 30 Year, with 13,347 originations. The 2nd most popular length was 15 Year, with 925 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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

    V.i.p. Mortgage's average total fees were $5,167, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.11%, while their most frequently originated rate bucket for loans was 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%