Barton Creek Lending Group Mortgage Rates, Fees & Info

AUSTIN, TX

LEI: 549300QGLK6W51MPXW45

Tax ID: 20-1399886

4 stars - Updated: 7/20/24 - out of 5 stars, based on 11 reviews

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

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Mortgage Data

Review & Overview

Barton Creek Lending Group is a smaller mortgage company specializing in Home Purchase loans. Barton Creek Lending Group has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Dallas, Houston, San Antonio, and Corpus Christi among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

Barton Creek Lending Group 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. Barton Creek Lending Group 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
30 Year Conventional Purchase 6.60% 7/20/24
30 Year Conventional Refi 6.39% 7/20/24
30 Year Cash-out Refi 6.74% 7/20/24
30 Year FHA Purchase 6.27% 7/20/24
30 Year VA Purchase 6.24% 7/20/24
15 Year Conventional Purchase 5.78% 7/20/24
15 Year Conventional Refi 5.83% 7/20/24
15 Year Cash-out Refi 5.83% 7/20/24
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.

Barton Creek Lending Group Mortgage Calculator






Your Estimates

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

This is not an official calculator from Barton Creek Lending Group. 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

128

Origination Dollar Volume (All Markets)

$51,280,000

Relative Rate

Barton Creek Lending Group's average 30 year fixed mortgage rate was 6.65%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.17%.

Relative Fees (Closing Costs)

Barton Creek Lending Group's average total fees/closing costs for a 30 year fixed rate mortgage were $9,585.

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
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 70 $31,070,000 $443,857 $10,536 6.59%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 27 $10,065,000 $372,778 $8,561 6.69%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $2,145,000 $429,000 $9,774 7.18%
Outside of Metro Areas 5 $1,745,000 $349,000 $7,504 6.58%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,415,000 $283,000 $7,754 6.55%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $990,000 $495,000 $17,238 7.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $970,000 $242,500 $8,867 6.53%
EL PASO, TX (FHA|USDA|VA) 3 $555,000 $185,000 $6,929 6.96%
Granbury, TX (FHA|USDA|VA) 1 $505,000 $505,000 $6,229 6.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $495,000 $495,000 $8,031 6.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $455,000 $455,000 $3,117 6.38%
Del Rio, TX (FHA|USDA|VA) 1 $335,000 $335,000 $13,457 5.50%
WACO, TX (FHA|USDA|VA) 1 $235,000 $235,000 $8,275 6.50%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,725 6.88%
VICTORIA, TX (FHA|USDA|VA) 1 $145,000 $145,000 $6,810 7.25%
Barton Creek Lending Group's top markets include Austin, Dallas, Houston, San Antonio, and Corpus Christi among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 116 $45,910,000 $395,776 $9,462 6.65%
    VA 12 $5,370,000 $447,500 $11,461 6.61%

    For 2023, Barton Creek Lending Group's most frequently originated type of loan was Conventional, with 116 originations. Their 2nd most popular type was VA, with 12 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 115 $46,315,000 $402,739 $9,480 6.65%
    Cash Out Refi 8 $2,310,000 $288,750 $10,122 6.64%
    Refi 5 $2,655,000 $531,000 $12,794 6.48%

    For 2023, Barton Creek Lending Group's most frequently cited loan purpose was Home Purchase, with 115 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 126 $50,480,000 $400,635 $9,585 6.65%
    15 Year 2 $800,000 $400,000 $13,712 6.13%

    For 2023, Barton Creek Lending Group's most frequently cited loan duration was 30 Year, with 126 originations. The 2nd most popular length was 15 Year, with 2 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 51 $24,195,000 $474,412
    $1k-2k 24 $9,610,000 $400,417
    $2k-3k 17 $6,025,000 $354,412
    $4k-5k 16 $5,310,000 $331,875
    $3k-4k 15 $4,695,000 $313,000
    $<1k 5 $1,445,000 $289,000

    Barton Creek Lending Group's average total fees were $9,585, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 51 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 80 $32,730,000 $409,125
    5-6% 24 $9,400,000 $391,667
    7-8% 23 $8,865,000 $385,435
    Over 8% 1 $285,000 $285,000

    During 2023, Barton Creek Lending Group's average interest rate for loans was 6.65%, while their most frequently originated rate bucket for loans was 6-7%, with 80 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 61 $18,525,000 $303,689 $8,498 6.70%
    $400k-600k 35 $16,255,000 $464,429 $11,031 6.62%
    $600k-1MM 16 $11,470,000 $716,875 $12,665 6.63%
    $100k-200k 14 $2,150,000 $153,571 $5,993 6.54%
    $1MM+ 2 $2,880,000 $1,440,000 $22,077 6.31%

    2023 saw Barton Creek Lending Group place emphasis on $200k-400k loans with 61 originations, totaling $18,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 38 $15,030,000 $395,526 $9,651 6.64%
    $150k-250k 29 $12,545,000 $432,586 $10,180 6.85%
    $250k+ 22 $13,720,000 $623,636 $12,212 6.71%
    $75k-100k 22 $6,420,000 $291,818 $7,644 6.56%
    $50k-75k 14 $3,140,000 $224,286 $8,199 6.30%
    $50k or less 3 $425,000 $141,667 $7,206 6.54%

    Barton Creek Lending Group lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $150k-250k, with 29 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 21 $8,915,000 $424,524 $10,403 6.52%
    49% 16 $5,930,000 $370,625 $9,603 6.51%
    20-30% 13 $5,915,000 $455,000 $8,035 6.55%
    45% 9 $2,875,000 $319,444 $8,866 6.61%
    43% 7 $2,175,000 $310,714 $9,835 6.55%
    47% 6 $2,680,000 $446,667 $12,481 6.60%
    48% 6 $2,180,000 $363,333 $8,634 7.00%
    36% 6 $2,620,000 $436,667 $9,204 7.06%
    38% 6 $2,260,000 $376,667 $9,006 6.58%
    46% 6 $2,330,000 $388,333 $8,865 6.92%
    40% 6 $2,510,000 $418,333 $9,968 6.53%
    44% 5 $1,945,000 $389,000 $6,442 6.67%
    <20% 5 $2,265,000 $453,000 $8,370 6.87%
    42% 4 $1,030,000 $257,500 $10,157 6.66%
    50-60% 4 $2,280,000 $570,000 $15,868 6.72%
    39% 3 $1,285,000 $428,333 $9,576 6.00%
    37% 3 $935,000 $311,667 $8,868 6.96%
    >60% 1 $905,000 $905,000 $15,624 7.75%
    41% 1 $245,000 $245,000 $11,882 6.99%

    Barton Creek Lending Group lent most frequently to those with DTI ratios of 30-36%, with 21 originations. The next most common DTI ratio? 49%, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 85 $33,735,000 $396,882 $9,189 6.69%
    Asian 19 $6,965,000 $366,579 $9,560 6.66%
    Not provided 15 $6,135,000 $409,000 $12,007 6.42%
    Other Asian 5 $2,185,000 $437,000 $8,399 6.30%
    Black 3 $1,935,000 $645,000 $14,370 7.06%
    Asian Indian 1 $325,000 $325,000 $7,242 6.50%

    Approval Rates

    Total approvals of all applications
    91.01%

    Barton Creek Lending Group has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.09%

    Barton Creek Lending Group has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 128 $51,280,000 $400,625

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    128 $51,280,000 $400,625

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $1,875,000 $375,000 $9,485 6.13%
    40-60% 10 $4,800,000 $480,000 $8,592 6.51%
    60-80% 42 $15,250,000 $363,095 $9,293 6.80%
    80-100% 70 $28,970,000 $413,857 $9,959 6.60%
    Over 100% 1 $385,000 $385,000 $14,411 6.99%