Barton Creek Lending Group Mortgage Rates, Fees & Info

AUSTIN, TX

LEI: 549300QGLK6W51MPXW45

Tax ID: 20-1399886

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    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. They have a low ratio of USDA loans. Their top markets by origination volume include: Austin, Dallas, Houston, San Antonio, and Huntsville among others. We have data for 10 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 an average 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 about average 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.60% 5/4/24
    30 Year Conventional Refi 6.39% 5/4/24
    30 Year Cash-out Refi 6.74% 5/4/24
    30 Year FHA Purchase 6.27% 5/4/24
    30 Year VA Purchase 6.24% 5/4/24
    15 Year Conventional Purchase 5.78% 5/4/24
    15 Year Conventional Refi 5.83% 5/4/24
    15 Year Cash-out Refi 5.83% 5/4/24
    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

    252

    Origination Dollar Volume (All Markets)

    $67,760,000

    Awards

    BARTON CREEK LENDING GROUP 30 Year Conventional Loans bronze
    Show all (1) awards

    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) 201 $56,265,000 $279,925 $6,045 4.57%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $4,040,000 $224,444 $5,041 4.66%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 16 $3,940,000 $246,250 $31,723 4.55%
    Outside of Metro Areas 6 $1,210,000 $201,667 $4,863 4.73%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,260 4.79%
    Huntsville, TX (FHA|USDA|VA) 1 $385,000 $385,000 $5,321 4.88%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,777 4.63%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,667 5.88%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $195,000 $195,000 $193 5.13%
    LUBBOCK, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,751 5.75%
    Barton Creek Lending Group's top markets include Austin, Dallas, Houston, San Antonio, and Huntsville among others.

    Their top states include:
  • Texas (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.

    NEIGHBORHOOD
    Similarity Rank: 200
    CORNERSTONE MORTGAGE PROVIDERS
    Similarity Rank: 291
    The Bank & Trust of Bryan/College Station
    Similarity Rank: 396
    American Momentum Bank
    Similarity Rank: 399
    TEXANS
    Similarity Rank: 416
    Priority Bank
    Similarity Rank: 456
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 472
    AUSTIN TELCO Federal Credit Union
    Similarity Rank: 481
    JSC
    Similarity Rank: 900
    A+ Federal Credit Union
    Similarity Rank: 975

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 218 $59,300,000 $272,018 $7,636 4.61%
    VA 24 $6,200,000 $258,333 $6,804 4.51%
    USDA 10 $2,260,000 $226,000 $5,654 4.54%

    For 2018, Barton Creek Lending Group's most frequently originated type of loan was Conventional, with 218 originations. Their 2nd most popular type was VA, with 24 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 216 $56,950,000 $263,657 $7,707 4.62%
    Cash Out Refi 26 $7,340,000 $282,308 $5,923 4.62%
    Refi 10 $3,470,000 $347,000 $6,774 4.24%

    For 2018, Barton Creek Lending Group's most frequently cited loan purpose was Home Purchase, with 216 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 235 $63,555,000 $270,447 $7,654 4.65%
    15 Year 13 $3,255,000 $250,385 $5,339 3.94%
    20 Year 3 $775,000 $258,333 $4,795 3.92%
    10 Year 1 $175,000 $175,000 $4,029 3.50%

    For 2018, Barton Creek Lending Group's most frequently cited loan duration was 30 Year, with 235 originations. The 2nd most popular length was 15 Year, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 126 $30,630,000 $243,095
    $<1k 47 $14,425,000 $306,915
    $2k-3k 28 $8,010,000 $286,071
    $3k-4k 24 $6,470,000 $269,583
    $4k-5k 14 $3,820,000 $272,857
    $5k+ 10 $3,760,000 $376,000

    Barton Creek Lending Group's average total fees were $7,654, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 126 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 164 $45,360,000 $276,585
    5-6% 47 $10,365,000 $220,532
    3-4% 40 $11,770,000 $294,250
    2.5-3% 1 $265,000 $265,000

    During 2018, Barton Creek Lending Group's average interest rate for loans was 4.65%, while their most frequently originated rate bucket for loans was 4-5%, with 164 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 145 $41,255,000 $284,517 $5,919 4.57%
    $100k-200k 72 $12,050,000 $167,361 $10,528 4.67%
    $400k-600k 21 $9,525,000 $453,571 $8,439 4.49%
    $100,000 or less 9 $715,000 $79,444 $3,557 5.06%
    $600k-1MM 4 $2,910,000 $727,500 $9,382 4.13%
    $1MM+ 1 $1,305,000 $1,305,000 $21,673 4.50%

    2018 saw Barton Creek Lending Group place emphasis on $200k-400k loans with 145 originations, totaling $41,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 63 $18,035,000 $286,270 $6,198 4.53%
    $75k-100k 53 $13,055,000 $246,321 $13,321 4.51%
    $50k-75k 50 $10,780,000 $215,600 $5,308 4.69%
    $150k-250k 48 $14,500,000 $302,083 $5,957 4.60%
    $50k or less 20 $3,210,000 $160,500 $5,435 4.87%
    $250k+ 18 $8,180,000 $454,444 $7,538 4.58%

    Barton Creek Lending Group lent most frequently to those with incomes in the $100k-150k range, with 63 originations. The second most popular income band? $75k-100k, with 53 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 57 $14,605,000 $256,228 $5,214 4.60%
    30-36% 50 $13,450,000 $269,000 $13,790 4.51%
    44% 15 $4,175,000 $278,333 $6,728 4.73%
    49% 14 $4,150,000 $296,429 $5,790 4.62%
    <20% 12 $3,250,000 $270,833 $5,957 4.46%
    37% 12 $3,760,000 $313,333 $6,515 4.60%
    42% 12 $3,530,000 $294,167 $6,139 4.86%
    39% 11 $3,365,000 $305,909 $7,636 4.68%
    40% 9 $2,185,000 $242,778 $5,710 4.82%
    50-60% 8 $1,790,000 $223,750 $4,857 4.50%
    38% 8 $3,190,000 $398,750 $7,291 4.60%
    46% 8 $1,830,000 $228,750 $5,231 4.84%
    45% 7 $1,555,000 $222,143 $6,170 4.75%
    36% 7 $1,865,000 $266,429 $5,577 4.13%
    41% 6 $1,260,000 $210,000 $4,760 4.65%
    43% 5 $825,000 $165,000 $5,922 4.28%
    48% 5 $1,505,000 $301,000 $6,552 4.95%
    >60% 4 $860,000 $215,000 $6,485 4.44%
    47% 2 $610,000 $305,000 $10,009 4.35%

    Barton Creek Lending Group lent most frequently to those with DTI ratios of 20-30%, with 57 originations. The next most common DTI ratio? 30-36%, with 50 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 192 $52,740,000 $274,688 $8,099 4.60%
    Asian 31 $7,425,000 $239,516 $5,773 4.51%
    Not provided 12 $3,160,000 $263,333 $5,360 4.61%
    Black 10 $2,690,000 $269,000 $5,554 4.85%
    Asian Indian 3 $705,000 $235,000 $4,729 4.50%
    Other Pacific Islander 1 $455,000 $455,000 $5,202 5.50%
    Other Asian 2 $400,000 $200,000 $4,862 4.88%
    Korean 1 $185,000 $185,000 $4,072 4.38%

    Approval Rates

    Total approvals of all applications
    97.55%

    Barton Creek Lending Group 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
    89.29%

    Barton Creek Lending Group has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 252 $67,760,000 $268,889

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $185,000 $185,000
    Single Family (1-4 Units):Site-Built 251 $67,575,000 $269,223

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $2,205,000 $441,000 $6,786 4.18%
    40-60% 22 $5,320,000 $241,818 $24,319 4.32%
    60-80% 80 $22,550,000 $281,875 $5,826 4.61%
    80-100% 136 $35,280,000 $259,412 $5,695 4.66%
    Over 100% 6 $1,650,000 $275,000 $10,402 4.48%
    Under 20% 1 $455,000 $455,000 $7,476 4.63%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Baird Home Corporation Other type of mortgage Struggling to pay mortgage 1 100.0%