Dignified Home Loans Mortgage Rates, Fees & Info

WESTLAKE VILLAGE, CA

LEI: 549300QD23LICPXTPB55

Tax ID: 27-2070732

3.1 stars - Updated: 4/18/24 - out of 5 stars, based on 21 reviews

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

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Mortgage Data

Review & Overview

Dignified Home Loans is a smaller mortgage company specializing in Home Purchase loans. Dignified Home Loans 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: Bakersfield, Oxnard, Los Angeles, San Luis Obispo, and Riverside among others. We have data for 38 markets. (Some data included below & more in-depth data is available with an active subscription.)

Dignified Home Loans 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. Dignified Home Loans is typically a high 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) 6.27% 4/18/24
30 Year Conventional Purchase 6.62% 4/18/24
30 Year Conventional Refi 6.61% 4/18/24
30 Year Cash-out Refi 6.86% 4/18/24
30 Year FHA Purchase 7.60% 4/18/24
30 Year FHA Refi 7.06% 4/18/24
30 Year VA Purchase 6.21% 4/18/24
30 Year VA Refi 5.45% 4/18/24
30 Year USDA Purchase 6.63% 4/18/24
15 Year Conventional Purchase 6.01% 4/18/24
15 Year Conventional Refi 6.31% 4/18/24
15 Year Cash-out Refi 6.31% 4/18/24
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.

Dignified Home Loans Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Dignified Home Loans. 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

442

Origination Dollar Volume (All Markets)

$182,610,000

Awards

DIGNIFIED HOME LOANS FHA Loans bronze
Show all (1) awards

Relative Rate

Dignified Home Loans's average 30 year fixed mortgage rate was 6.36%.

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)

Dignified Home Loans's average total fees/closing costs for a 30 year fixed rate mortgage were $11,351.

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
BAKERSFIELD, CA (FHA|USDA|VA) 177 $55,165,000 $311,667 $10,043 6.36%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 72 $36,000,000 $500,000 $14,727 6.04%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 61 $34,245,000 $561,393 $13,123 6.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 27 $14,675,000 $543,519 $9,530 6.71%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 29 $12,475,000 $430,172 $11,374 6.04%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 8 $3,780,000 $472,500 $10,892 6.92%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 5 $3,585,000 $717,000 $9,296 7.08%
STOCKTON, CA (FHA|USDA|VA) 11 $3,225,000 $293,182 $12,997 5.34%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $3,170,000 $396,250 $16,542 5.05%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $2,185,000 $437,000 $11,410 7.02%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $2,045,000 $681,667 $8,706 7.21%
VISALIA, CA (FHA|USDA|VA) 5 $1,455,000 $291,000 $11,860 5.28%
Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,265,000 $421,667 $9,495 6.54%
BOULDER, CO (FHA|USDA|VA) 1 $715,000 $715,000 $4,419 7.13%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $655,000 $655,000 $13,124 6.13%
Fernley, NV (FHA|USDA|VA) 2 $650,000 $325,000 $16,796 6.81%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $580,000 $290,000 $8,801 7.13%
SALINAS, CA (FHA|USDA|VA) 1 $575,000 $575,000 $5,984 7.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $505,000 $505,000 $3,442 5.75%
COLUMBUS, OH (FHA|USDA|VA) 1 $495,000 $495,000 $5,662 8.12%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $480,000 $240,000 $7,169 6.56%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $475,000 $475,000 $5,335 6.13%
Outside of Metro Areas 1 $395,000 $395,000 $6,148 6.88%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $395,000 $395,000 $1,542 7.25%
GRANTS PASS, OR (FHA|USDA|VA) 1 $365,000 $365,000 $9,290 7.50%
CHICO, CA (FHA|USDA|VA) 1 $365,000 $365,000 $9,062 6.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $325,000 $325,000 $5,029 8.13%
BOISE CITY, ID (FHA|USDA|VA) 1 $305,000 $305,000 $8,327 5.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $305,000 $305,000 $4,936 7.13%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $295,000 $295,000 $9,759 7.13%
SALEM, OR (FHA|USDA|VA) 1 $255,000 $255,000 $9,735 7.99%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $195,000 $195,000 $2,991 7.13%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $185,000 $185,000 $9,034 6.63%
CARSON CITY, NV (FHA|USDA|VA) 1 $185,000 $185,000 $5,361 6.25%
MERCED, CA (FHA|USDA|VA) 1 $185,000 $185,000 $5,041 6.00%
MODESTO, CA (FHA|USDA|VA) 1 $175,000 $175,000 $6,916 6.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $155,000 $155,000 $5,591 6.75%
PEORIA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $8,934 6.75%
Dignified Home Loans's top markets include Bakersfield, Oxnard, Los Angeles, San Luis Obispo, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Similar Lenders

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

    COASTHILLS
    Similarity Rank: 45
    Los Angeles Federal Credit Union
    Similarity Rank: 72
    MISSION
    Similarity Rank: 93
    VENTURA COUNTY
    Similarity Rank: 96
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 126
    KD CAPITAL MORTGAGE CORPORATION
    Similarity Rank: 242
    LBS FINANCIAL
    Similarity Rank: 258
    SAN DIEGO COUNTY CREDIT UNION
    Similarity Rank: 312

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 317 $130,795,000 $412,603 $9,381 6.33%
    FHA 94 $36,690,000 $390,319 $17,605 6.47%
    VA 30 $14,870,000 $495,667 $12,526 6.40%
    USDA 1 $255,000 $255,000 $12,459 6.00%

    For 2023, Dignified Home Loans's most frequently originated type of loan was Conventional, with 317 originations. Their 2nd most popular type was FHA, with 94 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 389 $166,575,000 $428,213 $11,754 6.31%
    Cash Out Refi 35 $9,965,000 $284,714 $8,539 6.85%
    Refi 18 $6,070,000 $337,222 $8,378 6.51%

    For 2023, Dignified Home Loans's most frequently cited loan purpose was Home Purchase, with 389 originations. The 2nd most popular reason was Cash Out Refi, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 430 $181,290,000 $421,605 $11,351 6.36%
    15 Year 12 $1,320,000 $110,000 $6,162 6.62%

    For 2023, Dignified Home Loans's most frequently cited loan duration was 30 Year, with 430 originations. The 2nd most popular length was 15 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 254 $116,720,000 $459,528
    $1k-2k 45 $25,965,000 $577,000
    $4k-5k 45 $15,825,000 $351,667
    $<1k 36 $3,840,000 $106,667
    $3k-4k 33 $11,315,000 $342,879
    $2k-3k 29 $8,945,000 $308,448

    Dignified Home Loans's average total fees were $11,351, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 254 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 198 $83,920,000 $423,838
    7-8% 140 $59,740,000 $426,714
    5-6% 75 $32,425,000 $432,333
    <2.5% 23 $1,635,000 $71,087
    Over 8% 5 $4,265,000 $853,000
    4-5% 1 $625,000 $625,000

    During 2023, Dignified Home Loans's average interest rate for loans was 6.36%, while their most frequently originated rate bucket for loans was 6-7%, with 198 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 174 $53,690,000 $308,563 $9,602 6.71%
    $400k-600k 119 $57,915,000 $486,681 $11,948 6.66%
    $600k-1MM 73 $51,445,000 $704,726 $16,484 6.59%
    $100k-200k 39 $6,145,000 $157,564 $6,825 5.70%
    $100,000 or less 29 $1,235,000 $42,586 $4,324 3.08%
    $1MM+ 8 $12,180,000 $1,522,500 $10,386 7.27%

    2023 saw Dignified Home Loans place emphasis on $200k-400k loans with 174 originations, totaling $53,690,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 138 $52,460,000 $380,145 $11,535 6.21%
    $150k-250k 114 $55,690,000 $488,509 $13,148 6.38%
    $75k-100k 85 $25,815,000 $303,706 $10,871 6.13%
    $250k+ 53 $37,995,000 $716,887 $10,759 7.12%
    $50k-75k 43 $9,325,000 $216,860 $8,061 6.33%
    $50k or less 9 $1,325,000 $147,222 $7,168 6.40%

    Dignified Home Loans lent most frequently to those with incomes in the $100k-150k range, with 138 originations. The second most popular income band? $150k-250k, with 114 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 66 $24,480,000 $370,909 $8,868 6.34%
    50-60% 55 $22,545,000 $409,909 $16,798 6.24%
    20-30% 39 $17,905,000 $459,103 $9,226 6.74%
    44% 30 $15,980,000 $532,667 $15,189 6.76%
    41% 27 $10,045,000 $372,037 $10,342 5.78%
    49% 27 $12,865,000 $476,481 $11,393 6.75%
    48% 24 $8,860,000 $369,167 $10,611 6.38%
    46% 23 $9,955,000 $432,826 $11,661 6.18%
    43% 20 $6,630,000 $331,500 $8,898 5.72%
    47% 19 $6,265,000 $329,737 $11,206 6.32%
    45% 18 $7,970,000 $442,778 $10,502 6.46%
    39% 18 $6,510,000 $361,667 $10,310 5.55%
    42% 14 $6,680,000 $477,143 $9,557 6.99%
    38% 14 $6,150,000 $439,286 $11,458 6.56%
    40% 13 $5,195,000 $399,615 $9,554 6.89%
    <20% 12 $3,560,000 $296,667 $8,492 6.15%
    37% 10 $4,750,000 $475,000 $10,774 6.16%
    36% 10 $4,470,000 $447,000 $11,376 6.58%
    >60% 3 $1,795,000 $598,333 $10,098 6.58%

    Dignified Home Loans lent most frequently to those with DTI ratios of 30-36%, with 66 originations. The next most common DTI ratio? 50-60%, with 55 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 370 $152,200,000 $411,351 $11,115 6.39%
    Asian 27 $11,905,000 $440,926 $11,600 6.46%
    Not provided 26 $11,090,000 $426,538 $11,556 5.94%
    Black 13 $4,905,000 $377,308 $12,399 6.22%
    American Indian 5 $2,245,000 $449,000 $19,916 6.10%
    Native Hawaiian or Islander 1 $265,000 $265,000 $10,768 6.88%

    Approval Rates

    Total approvals of all applications
    98.25%

    Dignified Home Loans 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
    72.62%

    Dignified Home Loans has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 442 $182,610,000 $413,145

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    442 $182,610,000 $413,145

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $6,945,000 $239,483 $8,313 4.67%
    40-60% 51 $17,175,000 $336,765 $7,874 6.74%
    60-80% 100 $46,260,000 $462,600 $9,799 6.91%
    80-100% 233 $109,095,000 $468,219 $13,021 6.59%
    Over 100% 4 $2,130,000 $532,500 $19,891 6.81%
    Under 20% 25 $1,005,000 $40,200 $3,959 3.10%