First Choice Loan Services Mortgage Rates, Fees & Info

EAST BRUNSWICK, NJ

LEI: 549300PUSSF737Y6XW86

Tax ID: 27-1190043

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    First Choice Loan Services is a small mortgage company specializing in Home Purchase loans. First Choice Loan Services 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: Boston, Philadelphia, Phoenix, Dallas, and Los Angeles among others. We have data for 321 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Choice Loan Services 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. First Choice Loan Services is typically a low 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.


    Originations

    6,457

    Origination Dollar Volume (All Markets)

    $2,110,475,000
    Show all (60) 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
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1,032 $479,270,000 $464,409 $3,484 4.26%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 556 $164,140,000 $295,216 $4,671 4.61%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 505 $142,665,000 $282,505 $4,865 4.96%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 531 $140,605,000 $264,793 $5,686 4.86%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 281 $123,015,000 $437,776 $5,942 4.72%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 371 $94,245,000 $254,030 $5,900 4.58%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 282 $93,260,000 $330,709 $4,076 4.55%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 137 $61,985,000 $452,445 $5,495 4.73%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 90 $33,330,000 $370,333 $2,600 4.48%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 87 $32,395,000 $372,356 $2,568 4.46%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 68 $30,920,000 $454,706 $4,714 4.74%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 98 $26,880,000 $274,286 $3,695 4.52%
    WORCESTER, MA-CT (FHA|USDA|VA) 73 $24,945,000 $341,712 $3,213 4.53%
    Outside of Metro Areas 89 $23,745,000 $266,798 $4,036 4.73%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 60 $23,720,000 $395,333 $2,753 4.35%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 95 $23,675,000 $249,211 $5,278 4.67%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 70 $19,850,000 $283,571 $3,337 4.62%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 64 $19,730,000 $308,281 $4,281 4.56%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 55 $18,665,000 $339,364 $3,191 4.48%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 69 $18,555,000 $268,913 $3,205 4.54%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 56 $17,610,000 $314,464 $3,910 4.49%
    RENO, NV (FHA|USDA|VA) 58 $17,270,000 $297,759 $3,491 5.16%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 45 $15,735,000 $349,667 $3,318 4.62%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 44 $13,800,000 $313,636 $3,381 4.63%
    READING, PA (FHA|USDA|VA) 89 $13,735,000 $154,326 $3,499 4.78%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 48 $13,670,000 $284,792 $3,019 4.46%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 33 $13,615,000 $412,576 $3,823 4.23%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 44 $13,270,000 $301,591 $2,528 4.57%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 31 $11,865,000 $382,742 $3,613 4.47%
    SALT LAKE CITY, UT (FHA|USDA|VA) 31 $11,645,000 $375,645 $2,845 4.60%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 20 $10,820,000 $541,000 $5,092 4.43%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 36 $8,820,000 $245,000 $4,938 4.41%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 28 $8,420,000 $300,714 $2,813 4.53%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 23 $7,895,000 $343,261 $2,640 4.60%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 33 $7,835,000 $237,424 $2,096 4.53%
    Corsicana, TX (FHA|USDA|VA) 44 $7,640,000 $173,636 $5,472 5.03%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 32 $7,310,000 $228,438 $4,262 4.61%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 27 $6,835,000 $253,148 $3,049 4.61%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 26 $6,700,000 $257,692 $2,273 4.68%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 13 $6,465,000 $497,308 $3,154 4.53%
    BOISE CITY, ID (FHA|USDA|VA) 21 $6,225,000 $296,429 $2,981 4.60%
    OCEAN CITY, NJ (FHA|USDA|VA) 11 $5,495,000 $499,545 $5,754 4.69%
    STOCKTON, CA (FHA|USDA|VA) 19 $5,445,000 $286,579 $4,636 4.44%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 15 $5,295,000 $353,000 $2,202 4.58%
    MODESTO, CA (FHA|USDA|VA) 19 $5,235,000 $275,526 $2,859 4.57%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 17 $5,055,000 $297,353 $3,438 4.54%
    Mount Pleasant, TX (FHA|USDA|VA) 28 $5,020,000 $179,286 $3,864 4.75%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 10 $5,000,000 $500,000 $2,250 4.42%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 16 $4,940,000 $308,750 $4,200 4.48%
    URBAN HONOLULU, HI (FHA|USDA|VA) 12 $4,890,000 $407,500 $3,694 4.48%
    TUCSON, AZ (FHA|USDA|VA) 18 $4,830,000 $268,333 $4,138 4.53%
    FRESNO, CA (FHA|USDA|VA) 14 $4,360,000 $311,429 $1,700 4.59%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 15 $4,265,000 $284,333 $2,142 4.52%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 15 $4,265,000 $284,333 $3,823 4.70%
    RALEIGH-CARY, NC (FHA|USDA|VA) 14 $4,080,000 $291,429 $2,162 4.40%
    VALLEJO, CA (FHA|USDA|VA) 14 $4,060,000 $290,000 $3,938 4.81%
    SPRINGFIELD, MA (FHA|USDA|VA) 17 $3,965,000 $233,235 $2,547 4.67%
    BEND, OR (FHA|USDA|VA) 13 $3,875,000 $298,077 $2,654 4.52%
    SALINAS, CA (FHA|USDA|VA) 7 $3,625,000 $517,857 $2,618 4.68%
    ALBUQUERQUE, NM (FHA|USDA|VA) 14 $3,470,000 $247,857 $3,209 4.56%
    JACKSONVILLE, FL (FHA|USDA|VA) 12 $3,460,000 $288,333 $2,645 4.72%
    Vineyard Haven, MA (FHA|USDA|VA) 5 $3,395,000 $679,000 $4,285 3.75%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 15 $3,385,000 $225,667 $5,828 4.53%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $3,215,000 $459,286 $1,770 4.52%
    Show Low, AZ (FHA|USDA|VA) 18 $3,210,000 $178,333 $4,103 5.08%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 12 $3,140,000 $261,667 $3,266 4.66%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $3,030,000 $303,000 $4,957 4.62%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 11 $2,985,000 $271,364 $3,853 4.85%
    PROVO-OREM, UT (FHA|USDA|VA) 9 $2,935,000 $326,111 $1,740 4.48%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 11 $2,705,000 $245,909 $1,559 4.43%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 5 $2,695,000 $539,000 $5,730 4.42%
    ANCHORAGE, AK (FHA|USDA|VA) 9 $2,665,000 $296,111 $3,622 4.39%
    BOULDER, CO (FHA|USDA|VA) 7 $2,625,000 $375,000 $3,320 4.28%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 14 $2,600,000 $185,714 $2,829 4.84%
    NAPA, CA (FHA|USDA|VA) 7 $2,575,000 $367,857 $2,983 4.77%
    Hilo, HI (FHA|USDA|VA) 7 $2,565,000 $366,429 $2,843 4.39%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 8 $2,420,000 $302,500 $2,272 4.59%
    FLAGSTAFF, AZ (FHA|USDA|VA) 5 $2,265,000 $453,000 $2,946 4.70%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 11 $2,215,000 $201,364 $3,672 4.90%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $2,060,000 $257,500 $2,558 4.61%
    RICHMOND, VA (FHA|USDA|VA) 7 $2,045,000 $292,143 $1,478 4.38%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $2,035,000 $407,000 $2,886 4.30%
    PITTSBURGH, PA (FHA|USDA|VA) 6 $2,030,000 $338,333 $4,734 5.08%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 12 $1,990,000 $165,833 $2,660 5.01%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $1,895,000 $631,667 $7,452 4.42%
    Laconia, NH (FHA|USDA|VA) 4 $1,870,000 $467,500 $4,051 4.38%
    VISALIA, CA (FHA|USDA|VA) 7 $1,835,000 $262,143 $1,275 4.68%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 5 $1,765,000 $353,000 $2,181 4.45%
    SALEM, OR (FHA|USDA|VA) 6 $1,730,000 $288,333 $5,297 4.60%
    BAKERSFIELD, CA (FHA|USDA|VA) 6 $1,730,000 $288,333 $3,731 4.87%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $1,705,000 $341,000 $3,654 4.40%
    Kapaa, HI (FHA|USDA|VA) 3 $1,595,000 $531,667 $3,372 4.83%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 7 $1,595,000 $227,857 $2,188 4.71%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 6 $1,580,000 $263,333 $1,808 4.52%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,560,000 $390,000 $4,292 4.25%
    BELLINGHAM, WA (FHA|USDA|VA) 4 $1,550,000 $387,500 $3,133 4.47%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 6 $1,540,000 $256,667 $2,179 4.54%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,525,000 $305,000 $1,378 4.68%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,505,000 $301,000 $2,953 4.53%
    Bozeman, MT (FHA|USDA|VA) 4 $1,470,000 $367,500 $2,789 4.84%
    Fernley, NV (FHA|USDA|VA) 6 $1,440,000 $240,000 $4,653 5.13%
    CHICO, CA (FHA|USDA|VA) 4 $1,430,000 $357,500 $2,094 4.72%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 4 $1,420,000 $355,000 $4,728 4.53%
    REDDING, CA (FHA|USDA|VA) 4 $1,420,000 $355,000 $2,348 4.63%
    MEDFORD, OR (FHA|USDA|VA) 5 $1,385,000 $277,000 $1,929 4.58%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 9 $1,365,000 $151,667 $3,261 3.89%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 6 $1,360,000 $226,667 $4,377 5.27%
    Outside of Metro Areas 6 $1,350,000 $225,000 $1,867 4.35%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 5 $1,345,000 $269,000 $3,030 4.40%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,345,000 $269,000 $1,665 4.45%
    ANN ARBOR, MI (FHA|USDA|VA) 5 $1,335,000 $267,000 $2,157 4.82%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,330,000 $221,667 $2,296 5.08%
    COLUMBUS, OH (FHA|USDA|VA) 6 $1,320,000 $220,000 $2,594 4.79%
    PANAMA CITY, FL (FHA|USDA|VA) 6 $1,300,000 $216,667 $3,361 4.83%
    ST. GEORGE, UT (FHA|USDA|VA) 4 $1,260,000 $315,000 $1,358 4.65%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 6 $1,260,000 $210,000 $2,478 4.46%
    Heber, UT (FHA|USDA|VA) 3 $1,185,000 $395,000 $1,529 4.83%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,185,000 $237,000 $4,415 4.40%
    Pottsville, PA (FHA|USDA|VA) 7 $1,185,000 $169,286 $3,960 4.55%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,145,000 $381,667 $472 4.58%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $1,115,000 $123,889 $3,525 5.57%
    LONGVIEW, TX (FHA|USDA|VA) 5 $1,105,000 $221,000 $4,310 4.72%
    TULSA, OK (FHA|USDA|VA) 4 $1,060,000 $265,000 $4,078 4.66%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,030,000 $257,500 $2,624 4.59%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $1,025,000 $205,000 $2,438 4.64%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,020,000 $170,000 $1,823 4.83%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $995,000 $331,667 $654 4.83%
    EL PASO, TX (FHA|USDA|VA) 5 $985,000 $197,000 $3,248 4.45%
    YAKIMA, WA (FHA|USDA|VA) 4 $970,000 $242,500 $4,162 4.69%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $965,000 $193,000 $3,038 4.62%
    LAREDO, TX (FHA|USDA|VA) 4 $960,000 $240,000 $3,366 4.37%
    Torrington, CT (FHA|USDA|VA) 4 $960,000 $240,000 $2,173 4.63%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $935,000 $311,667 $8,939 4.58%
    Stephenville, TX (FHA|USDA|VA) 3 $905,000 $301,667 $7,280 4.37%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $895,000 $179,000 $3,676 4.95%
    MERCED, CA (FHA|USDA|VA) 4 $880,000 $220,000 $2,046 4.75%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $875,000 $175,000 $3,136 4.95%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $870,000 $435,000 $2,363 4.93%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $845,000 $281,667 $2,055 4.63%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $835,000 $278,333 $2,565 4.58%
    ST. CLOUD, MN (FHA|USDA|VA) 3 $825,000 $275,000 $5,182 4.83%
    WINSTON-SALEM, NC (FHA|USDA|VA) 4 $820,000 $205,000 $2,450 5.25%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $815,000 $271,667 $5,593 4.63%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $800,000 $200,000 $3,394 4.90%
    SPARTANBURG, SC (FHA|USDA|VA) 3 $795,000 $265,000 $1,553 4.46%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $795,000 $265,000 $3,381 5.08%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $785,000 $261,667 $2,974 4.50%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $770,000 $192,500 $4,148 4.97%
    Port Lavaca, TX (FHA|USDA|VA) 6 $770,000 $128,333 $3,473 4.96%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $750,000 $187,500 $3,226 4.88%
    Breckenridge, CO (FHA|USDA|VA) 2 $740,000 $370,000 $2,522 5.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 3 $735,000 $245,000 $2,087 4.29%
    PITTSFIELD, MA (FHA|USDA|VA) 3 $735,000 $245,000 $1,985 4.54%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $725,000 $241,667 $3,245 4.42%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $710,000 $177,500 $2,670 4.53%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 5 $695,000 $139,000 $2,276 5.35%
    Kalispell, MT (FHA|USDA|VA) 3 $685,000 $228,333 $2,858 4.88%
    YUBA CITY, CA (FHA|USDA|VA) 2 $680,000 $340,000 $4,910 4.56%
    Coos Bay, OR (FHA|USDA|VA) 2 $650,000 $325,000 $3,221 4.69%
    Sandpoint, ID (FHA|USDA|VA) 2 $650,000 $325,000 $2,237 4.50%
    WILMINGTON, NC (FHA|USDA|VA) 3 $635,000 $211,667 $2,423 4.71%
    TEXARKANA, TX-AR (FHA|USDA|VA) 3 $635,000 $211,667 $4,581 4.58%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $635,000 $635,000 $2,353 4.38%
    Oak Harbor, WA (FHA|USDA|VA) 2 $620,000 $310,000 $1,942 4.69%
    WACO, TX (FHA|USDA|VA) 3 $615,000 $205,000 $4,897 4.23%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $605,000 $201,667 $4,220 5.00%
    Fredericksburg, TX (FHA|USDA|VA) 2 $600,000 $300,000 $2,894 4.38%
    Juneau, AK (FHA|USDA|VA) 2 $600,000 $300,000 $3,256 4.50%
    GREELEY, CO (FHA|USDA|VA) 3 $595,000 $198,333 $3,783 4.92%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $590,000 $295,000 $1,130 4.24%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $575,000 $191,667 $2,819 4.54%
    MADISON, WI (FHA|USDA|VA) 2 $570,000 $285,000 $1,554 4.25%
    AMARILLO, TX (FHA|USDA|VA) 2 $560,000 $280,000 $7,505 4.75%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $555,000 $185,000 $4,504 5.45%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $550,000 $275,000 $1,858 4.43%
    Sonora, CA (FHA|USDA|VA) 2 $550,000 $275,000 $2,259 4.56%
    Lebanon, NH-VT (FHA|USDA|VA) 3 $535,000 $178,333 $2,156 4.92%
    CARSON CITY, NV (FHA|USDA|VA) 2 $510,000 $255,000 $2,728 5.00%
    Port Angeles, WA (FHA|USDA|VA) 2 $510,000 $255,000 $1,824 4.81%
    Key West, FL (FHA|USDA|VA) 1 $505,000 $505,000 $4,246 3.50%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $495,000 $165,000 $1,983 5.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $490,000 $245,000 $1,236 4.75%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $490,000 $245,000 $1,694 4.81%
    COLUMBIA, SC (FHA|USDA|VA) 2 $490,000 $245,000 $7,075 4.75%
    Platteville, WI (FHA|USDA|VA) 3 $485,000 $161,667 $4,126 5.13%
    Athens, TX (FHA|USDA|VA) 4 $470,000 $117,500 $3,596 4.43%
    COLUMBUS, GA-AL (FHA|USDA|VA) 4 $460,000 $115,000 $1,942 5.44%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $455,000 $455,000 $5,552 4.25%
    LAWTON, OK (FHA|USDA|VA) 3 $455,000 $151,667 $3,960 5.04%
    SAVANNAH, GA (FHA|USDA|VA) 1 $455,000 $455,000 $5,073 4.63%
    Mineral Wells, TX (FHA|USDA|VA) 1 $455,000 $455,000 $7,254 5.13%
    NILES, MI (FHA|USDA|VA) 1 $455,000 $455,000 $1,575 4.00%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $450,000 $225,000 $2,191 4.31%
    TOLEDO, OH (FHA|USDA|VA) 3 $445,000 $148,333 $2,807 5.21%
    DOVER, DE (FHA|USDA|VA) 1 $435,000 $435,000 $430 6.13%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $435,000 $435,000 $3,311 3.83%
    Roseburg, OR (FHA|USDA|VA) 2 $430,000 $215,000 $5,896 4.50%
    Georgetown, SC (FHA|USDA|VA) 1 $425,000 $425,000 $2,346 3.75%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $425,000 $425,000 $16,189 4.75%
    ROANOKE, VA (FHA|USDA|VA) 1 $415,000 $415,000 $1,478 3.99%
    Sturgis, MI (FHA|USDA|VA) 1 $415,000 $415,000 $15,057 3.88%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $405,000 $405,000 $485 4.38%
    MADERA, CA (FHA|USDA|VA) 2 $400,000 $200,000 $4,085 4.75%
    Aberdeen, WA (FHA|USDA|VA) 2 $400,000 $200,000 $3,629 5.19%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $395,000 $395,000 $1,538 4.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $390,000 $195,000 $4,704 4.24%
    Los Alamos, NM (FHA|USDA|VA) 1 $385,000 $385,000 $3,661 4.49%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $385,000 $385,000 $495 4.38%
    Fort Leonard Wood, MO (FHA|USDA|VA) 2 $370,000 $185,000 $4,080 4.25%
    Branson, MO (FHA|USDA|VA) 2 $370,000 $185,000 $2,155 4.63%
    ROCHESTER, MN (FHA|USDA|VA) 1 $365,000 $365,000 $1,780 3.88%
    FARGO, ND-MN (FHA|USDA|VA) 1 $365,000 $365,000 $12,145 4.38%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $360,000 $180,000 $4,824 4.87%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $355,000 $355,000 $2,743 4.38%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $355,000 $355,000 $1,040 4.38%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $350,000 $175,000 $751 5.00%
    ROCKFORD, IL (FHA|USDA|VA) 1 $345,000 $345,000 $688 4.49%
    Payson, AZ (FHA|USDA|VA) 1 $345,000 $345,000 $3,037 4.49%
    MIDLAND, MI (FHA|USDA|VA) 1 $345,000 $345,000 $2,428 4.38%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $345,000 $345,000 $410 5.38%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $335,000 $335,000 $1,748 4.13%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $335,000 $335,000 $2,198 4.75%
    Wilson, NC (FHA|USDA|VA) 1 $335,000 $335,000 $865 4.75%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $325,000 $325,000 $600 4.99%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $325,000 $325,000 $2,274 4.25%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $325,000 $325,000 $2,176 5.49%
    Nogales, AZ (FHA|USDA|VA) 1 $325,000 $325,000 $5,572 3.63%
    Greenwood, SC (FHA|USDA|VA) 1 $315,000 $315,000 $425 3.75%
    Centralia, WA (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.49%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.49%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $315,000 $105,000 $2,604 5.29%
    Shelton, WA (FHA|USDA|VA) 1 $315,000 $315,000 $2,961 3.88%
    Frankfort, KY (FHA|USDA|VA) 1 $305,000 $305,000 $3,089 4.50%
    Forest City, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,571 4.50%
    CORVALLIS, OR (FHA|USDA|VA) 1 $305,000 $305,000 $7,888 4.00%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $285,000 $285,000 $2,891 4.38%
    Bennington, VT (FHA|USDA|VA) 1 $275,000 $275,000 $2,842 4.88%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $275,000 $275,000 $3,867 4.99%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $7,138 5.50%
    EL CENTRO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $5,967 6.00%
    KOKOMO, IN (FHA|USDA|VA) 1 $275,000 $275,000 $5,925 4.38%
    Concord, NH (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.25%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $265,000 $265,000 $4,186 5.38%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $265,000 $265,000 $3,015 4.63%
    MISSOULA, MT (FHA|USDA|VA) 1 $265,000 $265,000 $2,225 4.99%
    WENATCHEE, WA (FHA|USDA|VA) 1 $265,000 $265,000 $2,810 4.75%
    Huntsville, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,733 4.50%
    Prineville, OR (FHA|USDA|VA) 1 $255,000 $255,000 $1,459 4.50%
    Bonham, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,269 4.75%
    TYLER, TX (FHA|USDA|VA) 1 $245,000 $245,000 $6,607 3.76%
    Pullman, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,005 4.63%
    GREENVILLE, NC (FHA|USDA|VA) 1 $245,000 $245,000 $490 3.75%
    Helena, MT (FHA|USDA|VA) 1 $245,000 $245,000 $798 4.63%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $245,000 $245,000 $1,793 4.49%
    Alamogordo, NM (FHA|USDA|VA) 1 $235,000 $235,000 $393 3.88%
    Moses Lake, WA (FHA|USDA|VA) 1 $235,000 $235,000 $1,486 4.13%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $235,000 $235,000 $4,207 4.13%
    Big Rapids, MI (FHA|USDA|VA) 1 $225,000 $225,000 $1,354 4.25%
    Frankfort, IN (FHA|USDA|VA) 1 $225,000 $225,000 $3,670 4.99%
    Boone, NC (FHA|USDA|VA) 1 $225,000 $225,000 $6,240 4.13%
    Alexander City, AL (FHA|USDA|VA) 1 $225,000 $225,000 $853 4.75%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $225,000 $225,000 $2,493 4.99%
    Berlin, NH (FHA|USDA|VA) 1 $225,000 $225,000 $3,164 4.63%
    Troy, AL (FHA|USDA|VA) 1 $225,000 $225,000 $2,971 4.99%
    Barre, VT (FHA|USDA|VA) 1 $225,000 $225,000 $2,951 4.13%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $215,000 $215,000 $5,912 5.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $215,000 $215,000 $4,579 4.88%
    Seneca, SC (FHA|USDA|VA) 1 $215,000 $215,000 $1,411 3.99%
    Rexburg, ID (FHA|USDA|VA) 1 $215,000 $215,000 $2,346 4.88%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $215,000 $215,000 $410 4.75%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $210,000 $105,000 $1,766 4.50%
    Duncan, OK (FHA|USDA|VA) 1 $205,000 $205,000 $5,496 5.75%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,746 3.75%
    SUMTER, SC (FHA|USDA|VA) 1 $205,000 $205,000 $8,681 4.75%
    McAlester, OK (FHA|USDA|VA) 1 $205,000 $205,000 $1,584 4.99%
    HAMMOND, LA (FHA|USDA|VA) 1 $205,000 $205,000 $2,737 4.75%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $195,000 $195,000 $1,740 4.88%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $195,000 $195,000 $675 4.88%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $195,000 $195,000 $410 4.88%
    Salem, OH (FHA|USDA|VA) 1 $185,000 $185,000 $2,173 4.88%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $3,978 4.00%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,685 4.88%
    Pahrump, NV (FHA|USDA|VA) 1 $175,000 $175,000 $3,447 5.63%
    ABILENE, TX (FHA|USDA|VA) 1 $175,000 $175,000 $1,657 3.04%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.63%
    APPLETON, WI (FHA|USDA|VA) 1 $175,000 $175,000 $1,628 4.75%
    SANTA FE, NM (FHA|USDA|VA) 1 $175,000 $175,000 $4,118 5.63%
    Edwards, CO (FHA|USDA|VA) 1 $175,000 $175,000 $2,880 4.75%
    Holland, MI (FHA|USDA|VA) 1 $175,000 $175,000 $1,894 5.25%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $175,000 $175,000 $3,102 4.75%
    Traverse City, MI (FHA|USDA|VA) 1 $175,000 $175,000 $1,423 4.75%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $175,000 $175,000 $4,640 3.75%
    Weatherford, OK (FHA|USDA|VA) 1 $175,000 $175,000 $4,425 5.50%
    AKRON, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,698 4.75%
    Moscow, ID (FHA|USDA|VA) 1 $165,000 $165,000 $4,524 4.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,338 4.00%
    Kerrville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,648 4.88%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,407 6.00%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $155,000 $155,000 $4,648 5.63%
    Eufaula, AL-GA (FHA|USDA|VA) 1 $155,000 $155,000 $8,320 5.50%
    Brownwood, TX (FHA|USDA|VA) 1 $155,000 $155,000 $2,655 3.55%
    OCALA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,647 4.63%
    PEORIA, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,743 4.50%
    Hobbs, NM (FHA|USDA|VA) 1 $145,000 $145,000 $4,748 4.75%
    Rockport, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,874 4.13%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $1,783 4.63%
    DECATUR, AL (FHA|USDA|VA) 1 $125,000 $125,000 $527 4.00%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,733 4.13%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,585 5.25%
    VICTORIA, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,941 5.13%
    FLINT, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,332 5.25%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $115,000 $115,000 $1,696 5.13%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $105,000 $105,000 $2,399 5.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $105,000 $105,000 $2,963 4.88%
    JACKSON, TN (FHA|USDA|VA) 1 $95,000 $95,000 $2,245 5.63%
    YUMA, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $3,828 5.50%
    Durant, OK (FHA|USDA|VA) 1 $85,000 $85,000 $4,188 4.99%
    Galesburg, IL (FHA|USDA|VA) 1 $85,000 $85,000 $1,873 5.25%
    Spirit Lake, IA (FHA|USDA|VA) 1 $85,000 $85,000 $1,830 5.13%
    Wilmington, OH (FHA|USDA|VA) 1 $75,000 $75,000 $1,225 5.63%
    ROME, GA (FHA|USDA|VA) 1 $65,000 $65,000 $2,163 6.13%
    First Choice Loan Services's top markets include Boston, Philadelphia, Phoenix, Dallas, and Los Angeles among others.

    Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against FIRST CHOICE LOAN SERVICES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Westport Federal Credit Union
    Similarity Rank: 23
    Notre Dame Community Federal Credit Union
    Similarity Rank: 38
    POLISH NATIONAL
    Similarity Rank: 48
    VISIONS
    Similarity Rank: 50
    MYPOINT Credit Union
    Similarity Rank: 55
    PAWTUCKET
    Similarity Rank: 60
    Middlesex Savings Bank
    Similarity Rank: 65
    Bank of Easton
    Similarity Rank: 66
    Charter Oak Federal Credit Union
    Similarity Rank: 84
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 86

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,049 $1,720,845,000 $340,829 $3,382 4.57%
    FHA 882 $225,240,000 $255,374 $7,112 4.86%
    VA 500 $160,710,000 $321,420 $6,810 4.52%
    USDA 26 $3,680,000 $141,538 $2,809 4.67%

    For 2018, First Choice Loan Services's most frequently originated type of loan was Conventional, with 5,049 originations. Their 2nd most popular type was FHA, with 882 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,814 $1,533,900,000 $318,633 $4,329 4.63%
    Cash Out Refi 711 $242,555,000 $341,146 $3,985 4.64%
    Refi 687 $256,865,000 $373,894 $3,394 4.37%
    Home Improvement 165 $56,365,000 $341,606 $3,492 4.61%
    Other 80 $20,790,000 $259,875 $3,381 4.87%

    For 2018, First Choice Loan Services's most frequently cited loan purpose was Home Purchase, with 4,814 originations. The 2nd most popular reason was Cash Out Refi, with 711 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,821 $1,930,765,000 $331,690 $4,315 4.68%
    15 Year 464 $137,410,000 $296,142 $2,706 3.98%
    20 Year 133 $38,945,000 $292,820 $2,942 4.42%
    Other 26 $810,000 $31,154 $292 2.57%
    10 Year 13 $2,545,000 $195,769 $2,063 2.35%

    For 2018, First Choice Loan Services's most frequently cited loan duration was 30 Year, with 5,821 originations. The 2nd most popular length was 15 Year, with 464 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 4,556 $1,491,920,000 $327,463
    $1k-2k 1,072 $325,090,000 $303,256
    $2k-3k 284 $80,480,000 $283,380
    $5k+ 228 $102,210,000 $448,289
    $3k-4k 189 $65,155,000 $344,735
    $4k-5k 123 $45,495,000 $369,878

    First Choice Loan Services's average total fees were $4,315, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,556 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 4,013 $1,327,395,000 $330,774
    5-6% 1,297 $343,085,000 $264,522
    3-4% 965 $407,535,000 $422,316
    <2.5% 83 $865,000 $10,422
    6-7% 71 $16,065,000 $226,268
    2.5-3% 28 $15,530,000 $554,643

    During 2018, First Choice Loan Services's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 4-5%, with 4,013 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,182 $929,330,000 $292,058 $4,068 4.65%
    $400k-600k 1,312 $627,770,000 $478,483 $4,788 4.40%
    $100k-200k 1,247 $195,635,000 $156,885 $3,576 4.91%
    $600k-1MM 397 $280,265,000 $705,957 $5,447 4.37%
    $100,000 or less 271 $15,235,000 $56,218 $2,174 4.25%
    $1MM+ 48 $62,240,000 $1,296,667 $7,874 4.02%

    2018 saw First Choice Loan Services place emphasis on $200k-400k loans with 3,182 originations, totaling $929,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,666 $567,730,000 $340,774 $4,126 4.56%
    $150k-250k 1,332 $571,320,000 $428,919 $4,182 4.46%
    $50k-75k 1,200 $261,190,000 $217,658 $4,189 4.78%
    $75k-100k 1,155 $322,315,000 $279,061 $4,284 4.67%
    $250k+ 554 $302,710,000 $546,408 $4,406 4.38%
    $50k or less 533 $79,625,000 $149,390 $3,647 4.82%

    First Choice Loan Services lent most frequently to those with incomes in the $100k-150k range, with 1,666 originations. The second most popular income band? $150k-250k, with 1,332 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,085 $380,285,000 $350,493 $3,593 4.46%
    30-36% 1,032 $349,520,000 $338,682 $3,682 4.58%
    50-60% 394 $115,830,000 $293,985 $6,987 4.74%
    42% 346 $130,860,000 $378,208 $4,293 4.56%
    49% 321 $101,075,000 $314,875 $4,213 4.78%
    44% 311 $95,225,000 $306,190 $4,974 4.87%
    <20% 299 $71,825,000 $240,217 $2,583 4.02%
    41% 286 $96,980,000 $339,091 $4,220 4.60%
    40% 279 $100,145,000 $358,943 $4,213 4.68%
    39% 275 $98,805,000 $359,291 $4,298 4.62%
    43% 262 $75,860,000 $289,542 $4,473 4.83%
    48% 244 $69,930,000 $286,598 $4,393 4.78%
    37% 239 $83,745,000 $350,397 $3,944 4.64%
    45% 234 $71,040,000 $303,590 $4,576 4.71%
    47% 229 $65,875,000 $287,664 $4,017 4.75%
    38% 214 $72,440,000 $338,505 $3,920 4.55%
    36% 201 $72,705,000 $361,716 $3,668 4.57%
    46% 179 $49,305,000 $275,447 $4,288 4.81%
    >60% 25 $8,265,000 $330,600 $4,727 4.43%

    First Choice Loan Services lent most frequently to those with DTI ratios of 20-30%, with 1,085 originations. The next most common DTI ratio? 30-36%, with 1,032 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,686 $1,492,080,000 $318,412 $4,191 4.63%
    Not provided 845 $276,655,000 $327,402 $3,982 4.63%
    Asian 635 $255,645,000 $402,591 $3,760 4.35%
    Black 250 $73,020,000 $292,080 $5,136 4.75%
    Native Hawaiian or Islander 14 $4,670,000 $333,571 $4,277 4.57%
    American Indian 13 $3,625,000 $278,846 $3,133 4.70%
    Asian Indian 7 $2,865,000 $409,286 $7,440 4.39%
    Korean 3 $815,000 $271,667 $4,902 4.92%
    Filipino 2 $630,000 $315,000 $1,386 4.94%
    Other Pacific Islander 2 $470,000 $235,000 $2,991 5.31%

    Approval Rates

    Total approvals of all applications
    98.33%

    First Choice Loan Services 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
    63.96%

    First Choice Loan Services has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,457 $2,110,475,000 $326,851

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 7 $1,455,000 $207,857
    Single Family (1-4 Units):Site-Built 6,450 $2,109,020,000 $326,980

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 207 $49,085,000 $237,126 $3,137 4.46%
    40-60% 562 $176,960,000 $314,875 $3,168 4.44%
    60-80% 2,196 $812,020,000 $369,772 $3,569 4.57%
    80-100% 3,285 $1,032,325,000 $314,254 $4,667 4.72%
    Over 100% 105 $36,505,000 $347,667 $10,653 4.69%
    Under 20% 102 $3,580,000 $35,098 $424 2.76%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    FIRST CHOICE LOAN SERVICES INC. Other type of mortgage Trouble during payment process 1 33.3%
    FIRST CHOICE LOAN SERVICES INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    FIRST CHOICE LOAN SERVICES INC. FHA mortgage Trouble during payment process 1 33.3%