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

SCOTTSDALE, AZ

LEI: 549300PC4MFWQBNVKG88

Tax ID: 42-1720343

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

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Mortgage Data

Review & Overview

V.i.p. Mortgage is a small mortgage company specializing in Home Purchase and 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, Colorado Springs, and Hilo among others. We have data for 125 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% 3/28/24
30 Year Conventional Refi 6.62% 3/28/24
30 Year Cash-out Refi 6.86% 3/28/24
30 Year FHA Purchase 7.59% 3/28/24
30 Year FHA Refi 7.10% 3/28/24
30 Year VA Purchase 6.43% 3/28/24
30 Year VA Refi 6.07% 3/28/24
30 Year USDA Purchase 6.91% 3/28/24
15 Year Conventional Purchase 6.26% 3/28/24
15 Year Conventional Refi 6.22% 3/28/24
15 Year Cash-out Refi 6.22% 3/28/24
15 Year FHA Purchase 5.68% 3/28/24
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

8,782

Origination Dollar Volume (All Markets)

$2,477,730,000

Awards

V.I.P. MORTGAGE 30 Year Conventional Loans gold
Show all (1) awards

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) 4,798 $1,336,280,000 $278,508 $5,437 4.43%
TUCSON, AZ (FHA|USDA|VA) 1,674 $381,850,000 $228,106 $4,506 4.24%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 731 $277,115,000 $379,090 $5,962 4.17%
COLORADO SPRINGS, CO (FHA|USDA|VA) 283 $86,485,000 $305,601 $5,012 4.16%
Hilo, HI (FHA|USDA|VA) 190 $69,880,000 $367,789 $6,472 4.29%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 205 $53,345,000 $260,220 $6,216 4.33%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 52 $24,910,000 $479,038 $5,969 4.16%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 82 $23,380,000 $285,122 $6,619 3.97%
FORT WAYNE, IN (FHA|USDA|VA) 90 $18,470,000 $205,222 $4,567 4.40%
Payson, AZ (FHA|USDA|VA) 56 $14,240,000 $254,286 $4,656 4.31%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 24 $13,950,000 $581,250 $10,069 4.10%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 43 $11,335,000 $263,605 $5,380 4.35%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 35 $11,275,000 $322,143 $4,093 4.60%
FLAGSTAFF, AZ (FHA|USDA|VA) 31 $9,525,000 $307,258 $4,851 4.14%
GREELEY, CO (FHA|USDA|VA) 27 $9,255,000 $342,778 $6,011 3.88%
Outside of Metro Areas 38 $9,200,000 $242,105 $4,449 4.34%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 18 $9,150,000 $508,333 $5,587 4.07%
Show Low, AZ (FHA|USDA|VA) 34 $8,350,000 $245,588 $4,594 4.37%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $8,045,000 $731,364 $4,234 3.99%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $5,550,000 $308,333 $5,498 4.26%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 15 $4,395,000 $293,000 $4,091 4.45%
RALEIGH-CARY, NC (FHA|USDA|VA) 18 $4,380,000 $243,333 $4,442 4.46%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 20 $4,340,000 $217,000 $5,005 4.86%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 9 $4,105,000 $456,111 $6,765 3.98%
URBAN HONOLULU, HI (FHA|USDA|VA) 10 $4,000,000 $400,000 $11,125 4.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 11 $3,975,000 $361,364 $5,127 3.82%
FORT COLLINS, CO (FHA|USDA|VA) 11 $3,715,000 $337,727 $5,407 4.62%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 14 $2,710,000 $193,571 $5,098 4.46%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $2,445,000 $271,667 $5,565 3.81%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 3 $2,345,000 $781,667 $13,515 3.58%
MADISON, WI (FHA|USDA|VA) 6 $2,060,000 $343,333 $2,600 4.75%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $2,005,000 $668,333 $3,790 3.67%
PUEBLO, CO (FHA|USDA|VA) 9 $2,005,000 $222,778 $6,702 4.10%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,945,000 $389,000 $7,279 4.60%
Warsaw, IN (FHA|USDA|VA) 7 $1,825,000 $260,714 $6,352 4.78%
BOULDER, CO (FHA|USDA|VA) 4 $1,660,000 $415,000 $7,681 4.28%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 7 $1,575,000 $225,000 $4,551 4.98%
Nogales, AZ (FHA|USDA|VA) 8 $1,560,000 $195,000 $3,966 4.27%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,545,000 $309,000 $6,014 4.12%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 9 $1,545,000 $171,667 $3,042 4.76%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 8 $1,540,000 $192,500 $5,802 4.41%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $1,510,000 $251,667 $4,631 4.30%
Kendallville, IN (FHA|USDA|VA) 7 $1,385,000 $197,857 $4,201 4.64%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,305,000 $435,000 $4,752 4.17%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,135,000 $227,000 $7,334 4.23%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,000 4.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,525 4.45%
BELLINGHAM, WA (FHA|USDA|VA) 2 $1,000,000 $500,000 $12,382 3.88%
Breckenridge, CO (FHA|USDA|VA) 2 $990,000 $495,000 $5,806 3.63%
Auburn, IN (FHA|USDA|VA) 6 $980,000 $163,333 $3,305 4.11%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $935,000 $311,667 $5,559 4.00%
Edwards, CO (FHA|USDA|VA) 2 $930,000 $465,000 $5,527 4.31%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $870,000 $435,000 $5,925 4.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $815,000 $271,667 $6,923 4.32%
Granbury, TX (FHA|USDA|VA) 3 $765,000 $255,000 $6,329 4.71%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $755,000 $755,000 $3,320 3.63%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $710,000 $355,000 $2,905 3.94%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $695,000 $231,667 $5,848 4.17%
Glenwood Springs, CO (FHA|USDA|VA) 2 $690,000 $345,000 $7,069 4.53%
Roseburg, OR (FHA|USDA|VA) 2 $670,000 $335,000 $5,614 4.00%
Durango, CO (FHA|USDA|VA) 2 $670,000 $335,000 $3,622 4.12%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $665,000 $221,667 $3,317 4.25%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $665,000 $665,000 $4,305 3.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $650,000 $162,500 $3,773 4.06%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $625,000 $208,333 $5,214 4.12%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $615,000 $205,000 $6,081 4.38%
Steamboat Springs, CO (FHA|USDA|VA) 2 $610,000 $305,000 $5,719 4.00%
VALLEJO, CA (FHA|USDA|VA) 1 $605,000 $605,000 $13,567 3.99%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $580,000 $290,000 $5,389 3.75%
NILES, MI (FHA|USDA|VA) 2 $570,000 $285,000 $4,747 4.18%
Plymouth, IN (FHA|USDA|VA) 2 $540,000 $270,000 $6,465 5.50%
CaƱon City, CO (FHA|USDA|VA) 3 $535,000 $178,333 $3,992 4.50%
YAKIMA, WA (FHA|USDA|VA) 2 $520,000 $260,000 $4,244 4.44%
Huntington, IN (FHA|USDA|VA) 3 $515,000 $171,667 $4,880 4.17%
Traverse City, MI (FHA|USDA|VA) 1 $505,000 $505,000 $14,707 4.38%
Uvalde, TX (FHA|USDA|VA) 1 $485,000 $485,000 $6,674 3.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $475,000 $475,000 $4,212 4.00%
BEND, OR (FHA|USDA|VA) 1 $475,000 $475,000 $5,106 4.63%
YUMA, AZ (FHA|USDA|VA) 4 $460,000 $115,000 $3,979 4.36%
FRESNO, CA (FHA|USDA|VA) 1 $455,000 $455,000 $3,743 5.38%
Astoria, OR (FHA|USDA|VA) 1 $445,000 $445,000 $5,152 3.88%
FARMINGTON, NM (FHA|USDA|VA) 1 $415,000 $415,000 $3,756 4.99%
Outside of Metro Areas 1 $415,000 $415,000 $4,335 4.00%
LOGAN, UT-ID (FHA|USDA|VA) 1 $405,000 $405,000 $8,531 3.88%
SANTA FE, NM (FHA|USDA|VA) 1 $405,000 $405,000 $4,170 4.00%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $395,000 $395,000 $3,163 3.63%
RENO, NV (FHA|USDA|VA) 1 $385,000 $385,000 $2,689 3.99%
Angola, IN (FHA|USDA|VA) 2 $360,000 $180,000 $5,790 4.40%
PROVO-OREM, UT (FHA|USDA|VA) 1 $355,000 $355,000 $3,552 4.00%
Ellensburg, WA (FHA|USDA|VA) 1 $355,000 $355,000 $7,740 3.50%
Marion, IN (FHA|USDA|VA) 2 $350,000 $175,000 $3,260 4.68%
Safford, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $4,761 4.94%
KANKAKEE, IL (FHA|USDA|VA) 1 $335,000 $335,000 $3,295 4.13%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $305,000 $305,000 $4,156 4.63%
Silver City, NM (FHA|USDA|VA) 1 $295,000 $295,000 $9,780 4.05%
Sevierville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $4,001 4.99%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $285,000 $285,000 $8,372 4.63%
La Grande, OR (FHA|USDA|VA) 1 $285,000 $285,000 $6,228 3.99%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $275,000 $275,000 $8,121 4.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,821 3.25%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $265,000 $265,000 $12,805 3.63%
Pullman, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,505 5.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,946 5.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $235,000 $235,000 $3,599 3.99%
ABILENE, TX (FHA|USDA|VA) 1 $215,000 $215,000 $8,361 3.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,143 4.38%
OCALA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,171 4.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $175,000 $175,000 $440 5.75%
EL PASO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,356 4.55%
New Castle, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,730 4.99%
McMinnville, TN (FHA|USDA|VA) 1 $165,000 $165,000 $5,778 4.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,741 5.88%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,614 3.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $155,000 $155,000 $2,848 4.25%
Sturgis, MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,757 5.75%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $135,000 $135,000 $3,045 4.49%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,862 4.50%
COLUMBUS, IN (FHA|USDA|VA) 1 $135,000 $135,000 $3,490 4.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.44%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,780 4.38%
Grand Rapids, MN (FHA|USDA|VA) 1 $105,000 $105,000 $3,412 4.13%
LAS CRUCES, NM (FHA|USDA|VA) 1 $105,000 $105,000 $3,026 4.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $65,000 $65,000 $2,879 4.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $45,000 $45,000 $3,624 4.63%
V.i.p. Mortgage's top markets include Phoenix, Tucson, Denver, Colorado Springs, and Hilo 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)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,551 $1,892,925,000 $288,952 $4,599 4.34%
    FHA 1,185 $275,885,000 $232,814 $8,569 4.57%
    VA 865 $275,605,000 $318,618 $6,343 4.05%
    FHA 136 $23,720,000 $174,412 $0 4.16%
    USDA 35 $7,435,000 $212,429 $6,142 4.17%
    FHA 9 $1,315,000 $146,111 $0 4.78%
    Reverse Mortgage 1 $845,000 $845,000 $0 6.75%

    For 2019, V.i.p. Mortgage's most frequently originated type of loan was Conventional, with 6,551 originations. Their 2nd most popular type was FHA, with 1,185 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,355 $1,489,735,000 $278,195 $6,178 4.48%
    Refi 2,257 $676,045,000 $299,533 $3,689 4.00%
    Cash Out Refi 1,165 $311,245,000 $267,163 $4,566 4.38%
    Other 5 $705,000 $141,000 $0 4.36%

    For 2019, V.i.p. Mortgage's most frequently cited loan purpose was Home Purchase, with 5,355 originations. The 2nd most popular reason was Refi, with 2,257 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,088 $2,311,120,000 $285,747 $5,433 4.37%
    15 Year 391 $100,315,000 $256,560 $3,732 3.70%
    Other 184 $35,810,000 $194,620 $3,369 4.17%
    20 Year 95 $23,515,000 $247,526 $3,771 4.15%
    1 Year 18 $5,910,000 $328,333 $0 7.00%
    10 Year 5 $795,000 $159,000 $3,767 3.68%
    30+ year 1 $265,000 $265,000 $0 4.50%

    For 2019, V.i.p. Mortgage's most frequently cited loan duration was 30 Year, with 8,088 originations. The 2nd most popular length was 15 Year, with 391 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 5,702 $1,604,420,000 $281,378
    $2k-3k 898 $232,400,000 $258,797
    $3k-4k 682 $174,400,000 $255,718
    $<1k 618 $181,230,000 $293,252
    $4k-5k 366 $111,980,000 $305,956
    $5k+ 358 $145,140,000 $405,419

    V.i.p. Mortgage's average total fees were $5,433, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,702 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 4,314 $1,174,250,000 $272,195
    3-4% 3,394 $1,044,350,000 $307,705
    5-6% 975 $232,435,000 $238,395
    6-7% 76 $19,510,000 $256,711
    2.5-3% 19 $6,695,000 $352,368
    <2.5% 3 $35,000 $11,667
    7-8% 1 $455,000 $455,000

    During 2019, V.i.p. Mortgage's average interest rate for loans was 4.37%, while their most frequently originated rate bucket for loans was 4-5%, with 4,314 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,864 $1,367,320,000 $281,110 $5,600 4.34%
    $100k-200k 2,284 $363,800,000 $159,282 $4,422 4.46%
    $400k-600k 1,153 $537,005,000 $465,746 $5,920 4.18%
    $100,000 or less 235 $18,575,000 $79,043 $3,515 4.47%
    $600k-1MM 219 $157,005,000 $716,918 $6,558 4.04%
    $1MM+ 27 $34,025,000 $1,260,185 $8,408 4.02%

    2019 saw V.i.p. Mortgage place emphasis on $200k-400k loans with 4,864 originations, totaling $1,367,320,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,107 $477,725,000 $226,732 $5,492 4.41%
    $100k-150k 1,888 $594,670,000 $314,974 $5,403 4.30%
    $75k-100k 1,611 $444,585,000 $275,968 $5,595 4.38%
    $50k or less 1,424 $251,970,000 $176,945 $4,795 4.39%
    $150k-250k 1,114 $424,930,000 $381,445 $5,297 4.27%
    $250k+ 469 $232,085,000 $494,851 $5,305 4.26%

    V.i.p. Mortgage lent most frequently to those with incomes in the $50k-75k range, with 2,107 originations. The second most popular income band? $100k-150k, with 1,888 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,584 $454,070,000 $286,660 $4,606 4.20%
    30-36% 1,392 $404,680,000 $290,718 $5,191 4.31%
    <20% 613 $177,785,000 $290,024 $4,221 4.04%
    44% 458 $121,580,000 $265,459 $5,737 4.52%
    50-60% 387 $101,565,000 $262,442 $7,992 4.42%
    42% 368 $104,750,000 $284,647 $5,471 4.46%
    43% 365 $98,665,000 $270,315 $5,651 4.56%
    40% 331 $95,065,000 $287,205 $5,388 4.40%
    41% 330 $98,200,000 $297,576 $5,375 4.38%
    49% 324 $88,870,000 $274,290 $5,770 4.45%
    36% 311 $86,725,000 $278,859 $5,261 4.41%
    39% 309 $88,715,000 $287,104 $5,318 4.46%
    38% 305 $89,315,000 $292,836 $5,397 4.39%
    37% 293 $80,995,000 $276,433 $5,605 4.43%
    45% 277 $78,265,000 $282,545 $5,372 4.43%
    46% 270 $73,990,000 $274,037 $5,590 4.46%
    47% 240 $68,120,000 $283,833 $5,737 4.42%
    48% 232 $64,690,000 $278,836 $6,130 4.52%
    >60% 97 $29,425,000 $303,351 $7,488 4.73%

    V.i.p. Mortgage lent most frequently to those with DTI ratios of 20-30%, with 1,584 originations. The next most common DTI ratio? 30-36%, with 1,392 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 7,778 $2,193,810,000 $282,053 $5,260 4.34%
    Not provided 403 $111,905,000 $277,680 $5,520 4.29%
    Asian 259 $77,995,000 $301,139 $5,554 4.29%
    Black 258 $68,620,000 $265,969 $6,565 4.43%
    Native Hawaiian or Islander 44 $14,100,000 $320,455 $6,135 4.26%
    American Indian 39 $11,195,000 $287,051 $6,220 4.52%
    Korean 1 $105,000 $105,000 $0 4.39%

    Approval Rates

    Total approvals of all applications
    93.54%

    V.i.p. Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.67%

    V.i.p. Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 8,782 $2,477,730,000 $282,137

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 117 $20,665,000 $176,624
    Single Family (1-4 Units):Site-Built 8,665 $2,457,065,000 $283,562

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 174 $29,620,000 $170,230 $3,642 4.14%
    40-60% 751 $182,205,000 $242,617 $3,810 4.10%
    60-80% 2,758 $814,700,000 $295,395 $4,261 4.31%
    80-100% 4,852 $1,376,360,000 $283,669 $6,030 4.42%
    Over 100% 198 $63,370,000 $320,051 $9,809 4.15%
    Under 20% 16 $2,070,000 $129,375 $3,891 3.36%