Callisto Group Mortgage Rates, Fees & Info
GLENDALE, CALEI: 549300PK4T5VBRY4TE47
Tax ID: 95-4657278
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Callisto Group is a smaller mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Callisto Group has a high proportion of conventional loans. Their top markets include Los Angeles, Riverside, Oxnard, Fresno, and San Francisco among others. Callisto Group has an above average approval rate for mortages when compared nationally. Callisto Group is typically an average fee lendor.Originations
432Origination Dollar Volume (All Markets)
$220,710,000Relative Rate
Callisto Group 's average 30 year fixed rate mortgage of loans were
3.18%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.03%.
Relative Fees
Callisto Group 's average total fees for a 30 year fixed rate
mortgage are $5,435.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 363 | $193,105,000 | $531,970 | $5,314 | 3.11% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 34 | $12,980,000 | $381,765 | $5,484 | 3.34% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 7 | $4,535,000 | $647,857 | $6,574 | 3.13% |
| FRESNO, CA (FHA|USDA|VA) | 15 | $4,365,000 | $291,000 | $5,132 | 3.40% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5 | $3,145,000 | $629,000 | $3,889 | 3.17% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $3,248 | 3.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $5,126 | 3.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,461 | 3.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,440 | 2.75% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,429 | 2.88% |
Callisto Group 's top markets include Los Angeles, Riverside, Oxnard, Fresno, and San Francisco among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 431 | $220,265,000 | $511,056 | $5,308 | 3.13% |
| VA | 1 | $445,000 | $445,000 | $3,461 | 3.25% |
For the 2021 period, Callisto Group 's most frequently originated loan type of loans were Conventional, with 431 originations. Their 2nd most popular type is VA, with 1 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 194 | $88,900,000 | $458,247 | $4,041 | 2.92% |
| Home Purchase | 120 | $69,960,000 | $583,000 | $7,063 | 3.33% |
| Cash Out Refi | 118 | $61,850,000 | $524,153 | $5,612 | 3.29% |
For the 2021, Callisto Group 's most frequently cited loan purpose of loans were Refi, with 194 originations. The 2nd most popular reason of loans were Home Purchase, with 120 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 396 | $207,540,000 | $524,091 | $5,435 | 3.18% |
| 15 Year | 25 | $9,155,000 | $366,200 | $4,278 | 2.57% |
| 20 Year | 9 | $3,325,000 | $369,444 | $2,909 | 2.65% |
| Other | 2 | $690,000 | $345,000 | $3,037 | 2.94% |
For the 2021, Callisto Group 's most frequently cited loan length of loans were 30 Year, with 396 originations. The 2nd most popular length of loans were 15 Year, with 25 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 311 | $157,765,000 | $507,283 |
| $5k+ | 73 | $44,195,000 | $605,411 |
| $3k-4k | 33 | $13,925,000 | $421,970 |
| $2k-3k | 15 | $4,825,000 | $321,667 |
$5,435 of loans were Callisto Group 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 311 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 206 | $99,300,000 | $482,039 |
| 3-4% | 180 | $99,200,000 | $551,111 |
| <2.5% | 26 | $10,850,000 | $417,308 |
| 4-5% | 16 | $8,140,000 | $508,750 |
| 5-6% | 4 | $3,220,000 | $805,000 |
During 2021, Callisto Group 's average interest rate of loans were 3.18%, while their most frequently originated rate bucket of loans were 2.5-3%, with 206 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $400k-600k | 182 | $90,040,000 | $494,725 | $4,503 | 3.03% |
| $200k-400k | 120 | $38,130,000 | $317,750 | $4,243 | 3.09% |
| $600k-1MM | 105 | $77,345,000 | $736,619 | $6,972 | 3.35% |
| $100k-200k | 15 | $2,635,000 | $175,667 | $4,005 | 3.01% |
| $1MM+ | 10 | $12,560,000 | $1,256,000 | $16,933 | 3.54% |
2021 saw Callisto Group place emphasis on $400k-600k loans with 182 originations, totaling $90,040,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 127 | $65,745,000 | $517,677 | $4,789 | 3.06% |
| $150k-250k | 99 | $51,945,000 | $524,697 | $5,081 | 3.15% |
| $75k-100k | 73 | $30,845,000 | $422,534 | $4,362 | 2.99% |
| $250k+ | 72 | $50,070,000 | $695,417 | $7,321 | 3.24% |
| $50k-75k | 45 | $15,485,000 | $344,111 | $4,117 | 3.05% |
| $50k or less | 16 | $6,620,000 | $413,750 | $10,202 | 4.08% |
Callisto Group lent most frequently to those with incomes in the $100k-150k range, with 127 originations. The second most popular income band? $150k-250k, with 99 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30-36% | 71 | $36,195,000 | $509,789 | $5,371 | 3.15% |
| 20-30% | 60 | $31,050,000 | $517,500 | $4,429 | 3.03% |
| 41% | 28 | $13,910,000 | $496,786 | $4,896 | 3.14% |
| <20% | 27 | $11,005,000 | $407,593 | $6,235 | 3.09% |
| 42% | 25 | $12,885,000 | $515,400 | $5,067 | 3.17% |
| 43% | 25 | $12,765,000 | $510,600 | $4,829 | 3.07% |
| 44% | 23 | $12,365,000 | $537,609 | $5,370 | 3.06% |
| 46% | 23 | $11,045,000 | $480,217 | $5,191 | 3.24% |
| 40% | 20 | $10,600,000 | $530,000 | $4,598 | 3.15% |
| 45% | 20 | $9,840,000 | $492,000 | $5,608 | 3.08% |
| 47% | 19 | $11,135,000 | $586,053 | $5,052 | 3.14% |
| 38% | 17 | $9,105,000 | $535,588 | $5,535 | 3.00% |
| 37% | 16 | $7,590,000 | $474,375 | $4,263 | 2.98% |
| 48% | 15 | $7,075,000 | $471,667 | $4,513 | 3.03% |
| 36% | 13 | $7,395,000 | $568,846 | $5,601 | 3.00% |
| 39% | 13 | $7,805,000 | $600,385 | $8,014 | 3.21% |
| 49% | 8 | $4,170,000 | $521,250 | $5,068 | 3.19% |
| 50-60% | 1 | $365,000 | $365,000 | $2,789 | 3.25% |
Callisto Group lent most frequently to those with DTI ratios of 30-36%, with 71 originations. The next most common DTI ratio? 20-30%, with 60 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 407 | $208,245,000 | $511,658 | $5,329 | 3.15% |
| Asian | 11 | $5,615,000 | $510,455 | $6,179 | 2.85% |
| Black | 9 | $3,995,000 | $443,889 | $3,408 | 3.12% |
| American Indian | 2 | $980,000 | $490,000 | $4,347 | 2.75% |
| Asian Indian | 1 | $825,000 | $825,000 | $8,366 | 3.25% |
| Other Asian | 1 | $545,000 | $545,000 | $2,840 | 2.88% |
| Not provided | 1 | $505,000 | $505,000 | $3,644 | 2.88% |
Approval Rates
Total approvals of all applications100.00%
Callisto Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10688.95 | 1 | $275,000 | $275,000 |
| 332256.86 | 1 | $415,000 | $415,000 |
| 412805.0 | 1 | $505,000 | $505,000 |
| NA | 429 | $219,515,000 | $511,690 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 432 | $220,710,000 | $510,903 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 50 | $19,510,000 | $390,200 | $4,356 | 2.93% |
| 40-60% | 152 | $72,940,000 | $479,868 | $4,182 | 2.98% |
| 60-80% | 162 | $90,820,000 | $560,617 | $6,401 | 3.31% |
| 80-100% | 63 | $36,235,000 | $575,159 | $6,126 | 3.21% |
| Under 20% | 5 | $1,205,000 | $241,000 | $3,375 | 3.10% |
