The Inglis Dealership Mortgage Rates, Fees & Info
TALLAHASSEE, FLLEI: 549300QA44K2T51DMS02
Tax ID: 59-3071684
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Mortgage Data
Review & Overview
The Inglis Dealership is a smaller mortgage company specializing in Home Purchase loans. The Inglis Dealership has a high proportion of conventional loans. Their top markets by origination volume include: Fort Wayne, Tallahassee, Kokomo, Muncie, and Jacksonville among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)The Inglis Dealership 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.
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Originations
1,094Origination Dollar Volume (All Markets)
$24,950,000Top 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 | 99 | $2,495,000 | $25,202 | $0 | 6.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 79 | $1,935,000 | $24,494 | $0 | 6.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 51 | $1,415,000 | $27,745 | $0 | 6.00% |
| KOKOMO, IN (FHA|USDA|VA) | 57 | $1,405,000 | $24,649 | $0 | 6.00% |
| MUNCIE, IN (FHA|USDA|VA) | 56 | $1,400,000 | $25,000 | $0 | 6.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 50 | $1,350,000 | $27,000 | $0 | 6.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 48 | $1,300,000 | $27,083 | $0 | 6.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 76 | $1,210,000 | $15,921 | $0 | 6.00% |
| Marion, IN (FHA|USDA|VA) | 45 | $1,115,000 | $24,778 | $0 | 6.00% |
| Madison, IN (FHA|USDA|VA) | 44 | $1,050,000 | $23,864 | $0 | 6.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 40 | $980,000 | $24,500 | $0 | 6.00% |
| Warsaw, IN (FHA|USDA|VA) | 38 | $960,000 | $25,263 | $0 | 6.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 37 | $945,000 | $25,541 | $0 | 6.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 35 | $855,000 | $24,429 | $0 | 6.00% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 30 | $850,000 | $28,333 | $0 | 6.00% |
| Galesburg, IL (FHA|USDA|VA) | 52 | $840,000 | $16,154 | $0 | 6.00% |
| Peru, IN (FHA|USDA|VA) | 33 | $805,000 | $24,394 | $0 | 6.00% |
| Mount Vernon, IL (FHA|USDA|VA) | 40 | $690,000 | $17,250 | $0 | 6.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 37 | $615,000 | $16,622 | $0 | 6.00% |
| SUMTER, SC (FHA|USDA|VA) | 33 | $595,000 | $18,030 | $0 | 6.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 21 | $535,000 | $25,476 | $0 | 6.00% |
| PEORIA, IL (FHA|USDA|VA) | 30 | $440,000 | $14,667 | $0 | 6.00% |
| Jacksonville, IL (FHA|USDA|VA) | 20 | $380,000 | $19,000 | $0 | 6.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 21 | $365,000 | $17,381 | $0 | 6.00% |
| NILES, MI (FHA|USDA|VA) | 14 | $260,000 | $18,571 | $0 | 6.00% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 8 | $160,000 | $20,000 | $0 | 6.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,094 | $24,950,000 | $22,806 | $0 | 6.00% |
For 2018, The Inglis Dealership's most frequently originated type of loan was Conventional, with 1,094 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 1,094 | $24,950,000 | $22,806 | $0 | 6.00% |
For 2018, The Inglis Dealership's most frequently cited loan purpose was Home Purchase, with 1,094 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 1,059 | $24,075,000 | $22,734 | $0 | 6.00% |
| 10 Year | 35 | $875,000 | $25,000 | $0 | 6.00% |
For 2018, The Inglis Dealership's most frequently cited loan duration was Other, with 1,059 originations. The 2nd most popular length was 10 Year, with 35 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 427 | $11,075,000 | $25,937 |
| % | 380 | $9,580,000 | $25,211 |
| 6-7% | 12 | $240,000 | $20,000 |
During 2018, The Inglis Dealership's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 427 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 1,094 | $24,950,000 | $22,806 | $0 | 6.00% |
2018 saw The Inglis Dealership place emphasis on $100,000 or less loans with 1,094 originations, totaling $24,950,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $250k+ | 1,068 | $24,390,000 | $22,837 | $0 | 6.00% |
| $50k or less | 12 | $260,000 | $21,667 | $0 | 6.00% |
The Inglis Dealership lent most frequently to those with incomes in the $250k+ range, with 1,068 originations. The second most popular income band? $50k or less, with 12 originations.
Applicant Debt to Income Ratio
The Inglis Dealership lent most frequently to those with DTI ratios of 20-30%, with 382 originations. The next most common DTI ratio? 30-36%, with 253 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.43%
The Inglis Dealership has a below average approval rate.
Pick Rate
Approvals leading to origination66.54%
The Inglis Dealership 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 | 1,094 | $24,950,000 | $22,806 |