First Technology Mortgage Rates, Fees & Info
San Jose, CALEI: 549300Q02LGIN9AXKP98
Tax ID: 23-7062675
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First Technology is a small mortgage company specializing in Home Purchase loans. First Technology has a high proportion of conventional loans. Their top markets by origination volume include: Seattle, Portland, San Jose, Watertown, and San Francisco among others. We have data for 160 markets. (Some data included below & more in-depth data is available with an active subscription.)First Technology has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First Technology 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 relatively high 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.10% | 11/17/24 |
| 30 Year Conventional Purchase | 6.43% | 11/17/24 |
| 30 Year Conventional Refi | 6.35% | 11/17/24 |
| 30 Year Cash-out Refi | 6.45% | 11/17/24 |
| 15 Year Conventional Purchase | 6.23% | 11/17/24 |
| 15 Year Conventional Refi | 5.81% | 11/17/24 |
| 15 Year Cash-out Refi | 5.81% | 11/17/24 |
| 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. | ||
First Technology Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from First Technology. 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
3,339Origination Dollar Volume (All Markets)
$1,145,825,000Awards
FIRST TECHNOLOGY - 2023
FIRST TECHNOLOGY is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for FIRST TECHNOLOGY?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
First Technology's average 30 year fixed mortgage rate was
6.6%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.12%.
Relative Fees (Closing Costs)
First Technology's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,285.
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 $9,089.
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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 637 | $319,795,000 | $502,033 | $5,196 | 7.85% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1,126 | $276,300,000 | $245,382 | $4,542 | 8.21% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 120 | $66,320,000 | $552,667 | $4,022 | 8.19% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $51,505,000 | $51,505,000 | $0 | 7.25% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 79 | $38,375,000 | $485,759 | $4,849 | 8.31% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 76 | $25,130,000 | $330,658 | $3,834 | 7.44% |
| SALEM, OR (FHA|USDA|VA) | 125 | $19,545,000 | $156,360 | $3,230 | 8.50% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 76 | $17,980,000 | $236,579 | $3,495 | 8.44% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 60 | $17,950,000 | $299,167 | $4,572 | 8.50% |
| Outside of Metro Areas | 41 | $16,425,000 | $400,610 | $4,411 | 7.88% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $15,190,000 | $3,797,500 | $5,705 | 6.66% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 49 | $15,175,000 | $309,694 | $4,512 | 8.62% |
| FORT COLLINS, CO (FHA|USDA|VA) | 84 | $15,050,000 | $179,167 | $2,368 | 8.40% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 52 | $13,820,000 | $265,769 | $4,767 | 8.24% |
| BEND, OR (FHA|USDA|VA) | 44 | $13,400,000 | $304,545 | $4,863 | 8.43% |
| BOISE CITY, ID (FHA|USDA|VA) | 59 | $12,385,000 | $209,915 | $3,088 | 7.57% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 44 | $10,380,000 | $235,909 | $5,350 | 7.87% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 40 | $9,670,000 | $241,750 | $2,268 | 8.73% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 44 | $7,760,000 | $176,364 | $4,170 | 8.28% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 19 | $7,665,000 | $403,421 | $4,440 | 7.78% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 17 | $7,055,000 | $415,000 | $4,781 | 6.82% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 15 | $6,685,000 | $445,667 | $5,185 | 6.48% |
| CORVALLIS, OR (FHA|USDA|VA) | 28 | $5,950,000 | $212,500 | $2,966 | 8.46% |
| Cordele, GA (FHA|USDA|VA) | 1 | $5,745,000 | $5,745,000 | $0 | 6.75% |
| STOCKTON, CA (FHA|USDA|VA) | 14 | $5,590,000 | $399,286 | $4,838 | 8.30% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 16 | $5,200,000 | $325,000 | $3,527 | 8.04% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 16 | $5,180,000 | $323,750 | $8,387 | 7.85% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 18 | $4,780,000 | $265,556 | $4,826 | 8.19% |
| GREELEY, CO (FHA|USDA|VA) | 21 | $4,295,000 | $204,524 | $1,205 | 8.47% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 13 | $4,185,000 | $321,923 | $6,958 | 8.23% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 13 | $4,045,000 | $311,154 | $6,037 | 8.64% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 8 | $3,880,000 | $485,000 | $4,608 | 7.42% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 9 | $3,485,000 | $387,222 | $4,277 | 7.42% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 27 | $3,315,000 | $122,778 | $1,918 | 8.69% |
| Edwards, CO (FHA|USDA|VA) | 2 | $3,310,000 | $1,655,000 | $6,754 | 7.31% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 9 | $3,165,000 | $351,667 | $3,210 | 8.18% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 11 | $3,015,000 | $274,091 | $3,656 | 7.69% |
| BELLINGHAM, WA (FHA|USDA|VA) | 7 | $2,965,000 | $423,571 | $8,970 | 7.77% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 13 | $2,935,000 | $225,769 | $3,050 | 7.78% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 9 | $2,785,000 | $309,444 | $3,650 | 7.86% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $2,720,000 | $680,000 | $3,332 | 7.06% |
| RENO, NV (FHA|USDA|VA) | 5 | $2,525,000 | $505,000 | $3,530 | 6.28% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $2,495,000 | $356,429 | $3,282 | 7.61% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 9 | $2,175,000 | $241,667 | $2,453 | 8.42% |
| MEDFORD, OR (FHA|USDA|VA) | 7 | $2,145,000 | $306,429 | $3,712 | 7.45% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 8 | $2,130,000 | $266,250 | $4,590 | 7.98% |
| Prineville, OR (FHA|USDA|VA) | 5 | $2,115,000 | $423,000 | $5,209 | 7.53% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $2,105,000 | $2,105,000 | $0 | 7.38% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $2,055,000 | $2,055,000 | $0 | 7.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $1,950,000 | $243,750 | $4,137 | 7.59% |
| TULSA, OK (FHA|USDA|VA) | 1 | $1,905,000 | $1,905,000 | $0 | 7.50% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $1,875,000 | $1,875,000 | $0 | 6.38% |
| TUCSON, AZ (FHA|USDA|VA) | 9 | $1,855,000 | $206,111 | $3,352 | 7.24% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 5 | $1,835,000 | $367,000 | $3,906 | 7.35% |
| Oak Harbor, WA (FHA|USDA|VA) | 3 | $1,815,000 | $605,000 | $8,275 | 6.75% |
| Heber, UT (FHA|USDA|VA) | 2 | $1,810,000 | $905,000 | $0 | 10.25% |
| WENATCHEE, WA (FHA|USDA|VA) | 4 | $1,800,000 | $450,000 | $3,830 | 8.34% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 8 | $1,790,000 | $223,750 | $3,087 | 8.61% |
| Port Angeles, WA (FHA|USDA|VA) | 5 | $1,715,000 | $343,000 | $4,110 | 8.55% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $1,615,000 | $1,615,000 | $0 | 6.50% |
| Astoria, OR (FHA|USDA|VA) | 7 | $1,585,000 | $226,429 | $3,002 | 7.36% |
| Aberdeen, WA (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $3,937 | 6.08% |
| Roseburg, OR (FHA|USDA|VA) | 5 | $1,485,000 | $297,000 | $4,689 | 7.30% |
| LONGVIEW, WA (FHA|USDA|VA) | 4 | $1,330,000 | $332,500 | $6,566 | 7.97% |
| Newport, OR (FHA|USDA|VA) | 7 | $1,315,000 | $187,857 | $7,324 | 7.75% |
| Shelton, WA (FHA|USDA|VA) | 4 | $1,260,000 | $315,000 | $2,207 | 7.91% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,240,000 | $310,000 | $4,346 | 7.59% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $1,205,000 | $401,667 | $5,318 | 7.42% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $34,610 | 7.58% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $1,115,000 | $1,115,000 | $0 | 7.00% |
| BOULDER, CO (FHA|USDA|VA) | 4 | $1,050,000 | $262,500 | $2,815 | 7.31% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $2,944 | 8.03% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 6.88% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $7,026 | 6.19% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $2,347 | 8.90% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 7.00% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $3,909 | 7.75% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $2,935 | 7.44% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 10.75% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $10,441 | 7.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $3,579 | 7.31% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 9.88% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $735,000 | $147,000 | $877 | 8.15% |
| Sonora, CA (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $5,469 | 7.56% |
| Coos Bay, OR (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,221 | 7.96% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $3,306 | 8.21% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $14,884 | 8.04% |
| CHICO, CA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $4,395 | 7.88% |
| Hood River, OR (FHA|USDA|VA) | 7 | $655,000 | $93,571 | $0 | 9.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $4,605 | 8.42% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,149 | 8.54% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 7.63% |
| FRESNO, CA (FHA|USDA|VA) | 5 | $615,000 | $123,000 | $0 | 8.63% |
| Ellensburg, WA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 8.75% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $16,020 | 9.31% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $1,347 | 8.67% |
| WALLA WALLA, WA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $1,610 | 8.44% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $1,910 | 8.13% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 10.13% |
| Outside of Metro Areas | 1 | $455,000 | $455,000 | $6,467 | 5.63% |
| Seneca, SC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $8,641 | 6.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,523 | 6.88% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 8.25% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $33 | 9.56% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,463 | 7.25% |
| Winnemucca, NV (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,752 | 6.63% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,551 | 8.31% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,941 | 7.44% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,300 | 7.19% |
| Steamboat Springs, CO (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 8.31% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,747 | 7.13% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,979 | 6.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 7.50% |
| Centralia, WA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 8.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,473 | 7.38% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 9.88% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,178 | 8.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,264 | 7.25% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,485 | 6.75% |
| Pullman, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,601 | 6.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 9.25% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $1,548 | 6.25% |
| STAUNTON, VA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,629 | 8.13% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,320 | 6.75% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,488 | 6.75% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.25% |
| Athens, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,758 | 6.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 9.25% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,350 | 6.38% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 7.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 7.50% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,073 | 8.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 9.13% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 9.75% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,161 | 7.00% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 7.75% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 8.44% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,552 | 6.88% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.50% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 9.25% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 9.00% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 9.44% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,729 | 6.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,479 | 8.25% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 8.44% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 12.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.25% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,092 | 5.63% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,178 | 6.13% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.75% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.13% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.88% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 7.63% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 12.13% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.63% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.88% |
| REDDING, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.75% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 9.50% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 8.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against FIRST TECHNOLOGY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 40
Similarity Rank: 72
Similarity Rank: 93
Similarity Rank: 126
Similarity Rank: 126
Similarity Rank: 126
Similarity Rank: 130
Similarity Rank: 156
Similarity Rank: 158
Similarity Rank: 160
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,865 | $309,835,000 | $166,131 | n/a | 8.89% |
| Conventional | 1,474 | $835,990,000 | $567,157 | $4,436 | 7.10% |
For 2023, First Technology's most frequently originated type of loan was HELOC, with 1,865 originations. Their 2nd most popular type was Conventional, with 1,474 originations.
Loan Reason
For 2023, First Technology's most frequently cited loan purpose was Home Purchase, with 1,363 originations. The 2nd most popular reason was Home Improvement, with 927 originations.
Loan Duration/Length
For 2023, First Technology's most frequently cited loan duration was Other, with 1,865 originations. The 2nd most popular length was 30 Year, with 1,077 originations.
Origination Fees/Closing Costs
First Technology's average total fees were $5,285, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,057 originations.
Interest Rates
During 2023, First Technology's average interest rate for loans was 6.60%, while their most frequently originated rate bucket for loans was Over 8%, with 1,846 originations.
Loan Sizing
2023 saw First Technology place emphasis on $100,000 or less loans with 825 originations, totaling $48,155,000 in origination value.
Applicant Income
First Technology lent most frequently to those with incomes in the $150k-250k range, with 1,109 originations. The second most popular income band? $250k+, with 895 originations.
Applicant Debt to Income Ratio
First Technology lent most frequently to those with DTI ratios of 20-30%, with 587 originations. The next most common DTI ratio? 30-36%, with 566 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.07%
First Technology has an average approval rate.
Pick Rate
Approvals leading to origination67.60%
First Technology 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 | 3,339 | $1,145,825,000 | $343,164 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,339 | $1,145,825,000 | $343,164 |