Affinity Mortgage Rates, Fees & Info

Des Moines, IA

LEI: 549300Q0QG1CZF1H4O06

Tax ID: 42-0794732

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Affinity is a smaller mortgage company specializing in Other and Home Purchase loans. Affinity has a high proportion of conventional loans.

    Affinity has an average approval rate when compared to the average across all lenders.

    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.

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    Originations

    46

    Origination Dollar Volume (All Markets)

    $6,050,000

    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
    Outside of Metro Areas 46 $6,050,000 $131,522 $0 0.00%
    Affinity's top markets include

    Their top states include:
  • Iowa (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 46 $6,050,000 $131,522 $0 0.00%

    For 2024, Affinity's most frequently originated type of loan was Conventional, with 46 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 21 $1,255,000 $59,762 $0 0.00%
    Home Purchase 15 $3,725,000 $248,333 $0 0.00%
    Home Improvement 4 $250,000 $62,500 $0 0.00%
    Refi 4 $500,000 $125,000 $0 0.00%
    Cash Out Refi 2 $320,000 $160,000 $0 0.00%

    For 2024, Affinity's most frequently cited loan purpose was Other, with 21 originations. The 2nd most popular reason was Home Purchase, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 46 $6,050,000 $131,522 $0 0.00%

    For 2024, Affinity's most frequently cited loan duration was Other, with 46 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 27 $1,465,000 $54,259 $0 0.00%
    $200k-400k 13 $3,395,000 $261,154 $0 0.00%
    $100k-200k 5 $735,000 $147,000 $0 0.00%
    $400k-600k 1 $455,000 $455,000 $0 0.00%

    2024 saw Affinity place emphasis on $100,000 or less loans with 27 originations, totaling $1,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 13 $1,165,000 $89,615 $0 0.00%
    $100k-150k 11 $1,165,000 $105,909 $0 0.00%
    $75k-100k 11 $1,405,000 $127,727 $0 0.00%
    $150k-250k 7 $1,525,000 $217,857 $0 0.00%
    $250k+ 2 $710,000 $355,000 $0 0.00%
    $50k or less 2 $80,000 $40,000 $0 0.00%

    Affinity lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $100k-150k, with 11 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 36 $4,830,000 $134,167 $0 0.00%
    Not provided 5 $665,000 $133,000 $0 0.00%
    Asian Indian 1 $205,000 $205,000 $0 0.00%
    Black 2 $160,000 $80,000 $0 0.00%
    Native Hawaiian or Islander 1 $115,000 $115,000 $0 0.00%
    Vietnamese 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    79.31%

    Affinity has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 46 $6,050,000 $131,522

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    46 $6,050,000 $131,522