Allstar Financial Services Inc Mortgage Rates, Fees & Info

WOODLAND HILLS, CA

LEI: 549300QCU0HQWLDE4416

Tax ID: 95-4409624

Latest/2023 | 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

    Allstar Financial Services Inc is a smaller mortgage company specializing in Home Purchase and Refi loans. Allstar Financial Services Inc has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Diego, Oxnard, Santa Maria, and San Francisco among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Allstar Financial Services Inc has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar 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

    24

    Origination Dollar Volume (All Markets)

    $26,580,000

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 17 $20,385,000 $1,199,118 $0 9.63%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $2,240,000 $1,120,000 $0 9.80%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 9.75%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $0 9.75%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $875,000 $875,000 $0 9.85%
    FRESNO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $0 9.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.75%
    Allstar Financial Services Inc's top markets include Los Angeles, San Diego, Oxnard, Santa Maria, and San Francisco among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 24 $26,580,000 $1,107,500 $0 9.68%

    For 2023, Allstar Financial Services Inc's most frequently originated type of loan was Conventional, with 24 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 15 $20,625,000 $1,375,000 $0 9.63%
    Refi 9 $5,955,000 $661,667 $0 9.74%

    For 2023, Allstar Financial Services Inc's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 23 $24,575,000 $1,068,478 $0 9.69%
    1 Year 1 $2,005,000 $2,005,000 $0 9.25%

    For 2023, Allstar Financial Services Inc's most frequently cited loan duration was Other, with 23 originations. The 2nd most popular length was 1 Year, with 1 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 24 $26,580,000 $1,107,500

    During 2023, Allstar Financial Services Inc's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 24 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 13 $20,285,000 $1,560,385 $0 9.62%
    $600k-1MM 6 $4,670,000 $778,333 $0 9.78%
    $400k-600k 3 $1,365,000 $455,000 $0 9.63%
    $100k-200k 2 $260,000 $130,000 $0 9.75%

    2023 saw Allstar Financial Services Inc place emphasis on $1MM+ loans with 13 originations, totaling $20,285,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 6 $9,700,000 $1,616,667 $0 9.68%
    $50k or less 5 $4,385,000 $877,000 $0 9.58%
    $50k-75k 3 $2,645,000 $881,667 $0 9.78%
    $100k-150k 2 $2,660,000 $1,330,000 $0 9.90%
    $150k-250k 1 $685,000 $685,000 $0 9.75%
    $75k-100k 1 $2,085,000 $2,085,000 $0 8.95%

    Allstar Financial Services Inc lent most frequently to those with incomes in the $250k+ range, with 6 originations. The second most popular income band? $50k or less, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 10 $12,930,000 $1,293,000 $0 9.70%
    20-30% 2 $3,520,000 $1,760,000 $0 9.40%
    46% 2 $2,410,000 $1,205,000 $0 9.50%
    50-60% 1 $665,000 $665,000 $0 9.85%
    44% 1 $155,000 $155,000 $0 9.75%
    30-36% 1 $1,175,000 $1,175,000 $0 9.75%
    45% 1 $1,305,000 $1,305,000 $0 9.75%

    Allstar Financial Services Inc lent most frequently to those with DTI ratios of <20%, with 10 originations. The next most common DTI ratio? 20-30%, with 2 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 14 $14,610,000 $1,043,571 $0 9.66%
    Not provided 6 $8,500,000 $1,416,667 $0 9.62%
    Black 2 $1,940,000 $970,000 $0 9.80%
    Other Asian 1 $875,000 $875,000 $0 9.85%
    Asian 1 $655,000 $655,000 $0 9.75%

    Approval Rates

    Total approvals of all applications
    100.00%

    Allstar Financial Services Inc 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
    95.83%

    Allstar Financial Services Inc has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 24 $26,580,000 $1,107,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    24 $26,580,000 $1,107,500

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $3,165,000 $633,000 $0 9.72%
    40-60% 6 $5,870,000 $978,333 $0 9.58%
    60-80% 11 $15,055,000 $1,368,636 $0 9.72%
    Under 20% 2 $2,490,000 $1,245,000 $0 9.63%