Lendus Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300QU7HWSPH011Y56

Tax ID: 02-0486480

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

Jump to:

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

    Lendus is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Lendus 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: San Francisco, Los Angeles, Seattle, Atlanta, and San Diego among others. We have data for 248 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lendus 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. Lendus 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.

    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.


    Originations

    10,983

    Origination Dollar Volume (All Markets)

    $3,519,395,000

    Awards

    LENDUS USDA Loans gold LENDUS 30 Year Conventional Loans bronze LENDUS FHA Loans silver LENDUS USDA Loans gold
    Show all (4) 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
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1,104 $690,370,000 $625,335 $6,395 4.23%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 907 $527,795,000 $581,913 $7,872 4.29%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 627 $263,025,000 $419,498 $6,421 4.13%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,137 $202,195,000 $177,832 $6,407 4.27%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 347 $182,475,000 $525,865 $7,800 4.27%
    COLUMBUS, OH (FHA|USDA|VA) 1,002 $165,530,000 $165,200 $5,009 4.61%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 279 $91,305,000 $327,258 $6,560 4.32%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 232 $89,490,000 $385,733 $5,886 4.22%
    COLUMBIA, SC (FHA|USDA|VA) 467 $84,435,000 $180,803 $5,777 4.31%
    Outside of Metro Areas 262 $76,190,000 $290,802 $5,262 4.42%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 558 $71,920,000 $128,889 $5,582 4.49%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 125 $61,865,000 $494,920 $4,973 4.21%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 209 $58,875,000 $281,699 $5,933 4.28%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 265 $55,375,000 $208,962 $6,445 4.60%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 300 $55,230,000 $184,100 $5,503 4.51%
    Kalispell, MT (FHA|USDA|VA) 159 $46,925,000 $295,126 $5,790 3.97%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 64 $45,170,000 $705,781 $6,249 4.49%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 118 $44,870,000 $380,254 $5,549 4.12%
    SALINAS, CA (FHA|USDA|VA) 83 $44,155,000 $531,988 $5,562 4.23%
    VALLEJO, CA (FHA|USDA|VA) 96 $36,900,000 $384,375 $6,358 4.14%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 81 $33,235,000 $410,309 $4,477 4.42%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 63 $29,955,000 $475,476 $8,454 4.15%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 79 $29,395,000 $372,089 $3,877 4.44%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 111 $24,705,000 $222,568 $4,995 4.37%
    SPARTANBURG, SC (FHA|USDA|VA) 138 $22,080,000 $160,000 $5,173 4.66%
    MISSOULA, MT (FHA|USDA|VA) 75 $21,295,000 $283,933 $5,098 4.09%
    BILLINGS, MT (FHA|USDA|VA) 78 $18,890,000 $242,179 $5,588 4.07%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 116 $18,610,000 $160,431 $5,675 4.31%
    EL PASO, TX (FHA|USDA|VA) 98 $16,550,000 $168,878 $6,317 4.46%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 29 $16,505,000 $569,138 $5,642 4.31%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 66 $16,050,000 $243,182 $8,205 4.34%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 37 $15,485,000 $418,514 $5,618 4.09%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 45 $14,825,000 $329,444 $7,065 4.03%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 47 $14,345,000 $305,213 $5,678 4.31%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 55 $13,375,000 $243,182 $6,132 4.55%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 26 $12,300,000 $473,077 $5,794 4.26%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 18 $9,590,000 $532,778 $5,038 4.63%
    FLORENCE, SC (FHA|USDA|VA) 62 $9,540,000 $153,871 $5,796 4.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 36 $9,440,000 $262,222 $6,482 4.53%
    Sandusky, OH (FHA|USDA|VA) 68 $9,390,000 $138,088 $5,592 4.37%
    STOCKTON, CA (FHA|USDA|VA) 27 $8,795,000 $325,741 $6,279 4.10%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 36 $8,750,000 $243,056 $6,932 4.54%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 30 $7,110,000 $237,000 $6,987 4.44%
    MANSFIELD, OH (FHA|USDA|VA) 59 $6,925,000 $117,373 $4,853 4.67%
    BOULDER, CO (FHA|USDA|VA) 19 $6,895,000 $362,895 $4,681 4.48%
    RENO, NV (FHA|USDA|VA) 18 $6,290,000 $349,444 $5,361 4.48%
    Washington Court House, OH (FHA|USDA|VA) 50 $6,180,000 $123,600 $5,110 4.49%
    BAKERSFIELD, CA (FHA|USDA|VA) 23 $6,135,000 $266,739 $6,604 4.54%
    JACKSONVILLE, FL (FHA|USDA|VA) 31 $6,025,000 $194,355 $5,745 4.42%
    Chillicothe, OH (FHA|USDA|VA) 48 $5,840,000 $121,667 $5,013 4.59%
    DOVER, DE (FHA|USDA|VA) 25 $5,295,000 $211,800 $6,845 4.53%
    Zanesville, OH (FHA|USDA|VA) 47 $5,235,000 $111,383 $5,307 4.90%
    GAINESVILLE, GA (FHA|USDA|VA) 23 $5,165,000 $224,565 $5,670 3.99%
    SUMTER, SC (FHA|USDA|VA) 27 $5,095,000 $188,704 $5,861 4.11%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 16 $5,050,000 $315,625 $5,386 4.61%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 34 $4,850,000 $142,647 $4,741 4.63%
    URBAN HONOLULU, HI (FHA|USDA|VA) 8 $4,820,000 $602,500 $6,584 3.65%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 12 $4,540,000 $378,333 $5,290 4.60%
    NAPA, CA (FHA|USDA|VA) 11 $4,505,000 $409,545 $4,996 3.86%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 31 $4,385,000 $141,452 $5,421 4.67%
    BEND, OR (FHA|USDA|VA) 12 $4,240,000 $353,333 $5,835 4.03%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 14 $4,010,000 $286,429 $7,536 4.80%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 13 $3,815,000 $293,462 $7,131 4.22%
    Shelton, WA (FHA|USDA|VA) 13 $3,755,000 $288,846 $5,705 4.21%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 26 $3,380,000 $130,000 $5,473 4.31%
    BELLINGHAM, WA (FHA|USDA|VA) 8 $3,350,000 $418,750 $5,652 4.28%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $3,300,000 $412,500 $7,300 4.39%
    Norwalk, OH (FHA|USDA|VA) 25 $3,245,000 $129,800 $6,148 4.60%
    ASHEVILLE, NC (FHA|USDA|VA) 8 $2,830,000 $353,750 $7,169 4.23%
    YUBA CITY, CA (FHA|USDA|VA) 9 $2,815,000 $312,778 $6,140 4.32%
    Jefferson, GA (FHA|USDA|VA) 12 $2,650,000 $220,833 $6,439 4.42%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 13 $2,605,000 $200,385 $6,078 4.62%
    SAVANNAH, GA (FHA|USDA|VA) 24 $2,470,000 $102,917 $5,127 3.04%
    AKRON, OH (FHA|USDA|VA) 15 $2,425,000 $161,667 $5,244 4.56%
    Hilo, HI (FHA|USDA|VA) 5 $2,425,000 $485,000 $6,095 3.68%
    Cedartown, GA (FHA|USDA|VA) 17 $2,415,000 $142,059 $5,871 5.20%
    Ellensburg, WA (FHA|USDA|VA) 5 $2,265,000 $453,000 $7,424 4.05%
    Fremont, OH (FHA|USDA|VA) 16 $2,040,000 $127,500 $4,745 4.87%
    Mount Vernon, OH (FHA|USDA|VA) 15 $2,015,000 $134,333 $5,243 4.47%
    Ashland, OH (FHA|USDA|VA) 13 $2,005,000 $154,231 $5,239 4.31%
    TOLEDO, OH (FHA|USDA|VA) 10 $1,890,000 $189,000 $6,085 4.54%
    FRESNO, CA (FHA|USDA|VA) 5 $1,875,000 $375,000 $3,919 4.18%
    ROME, GA (FHA|USDA|VA) 13 $1,855,000 $142,692 $4,992 4.80%
    Sonora, CA (FHA|USDA|VA) 8 $1,780,000 $222,500 $4,418 4.02%
    Ukiah, CA (FHA|USDA|VA) 5 $1,745,000 $349,000 $4,145 4.58%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 3 $1,735,000 $578,333 $8,996 4.58%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,680,000 $420,000 $6,632 4.12%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 8 $1,620,000 $202,500 $7,141 4.08%
    FORT COLLINS, CO (FHA|USDA|VA) 5 $1,545,000 $309,000 $4,068 4.30%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $1,525,000 $305,000 $7,058 4.00%
    Marion, OH (FHA|USDA|VA) 14 $1,470,000 $105,000 $4,781 4.75%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,465,000 $293,000 $6,468 4.07%
    Oak Harbor, WA (FHA|USDA|VA) 5 $1,385,000 $277,000 $5,397 4.45%
    MOBILE, AL (FHA|USDA|VA) 13 $1,355,000 $104,231 $4,334 4.47%
    Concord, NH (FHA|USDA|VA) 4 $1,350,000 $337,500 $3,994 4.78%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $1,340,000 $335,000 $5,489 4.70%
    Newberry, SC (FHA|USDA|VA) 7 $1,325,000 $189,286 $5,637 4.21%
    MODESTO, CA (FHA|USDA|VA) 4 $1,320,000 $330,000 $2,922 3.97%
    Greenwood, SC (FHA|USDA|VA) 9 $1,315,000 $146,111 $6,018 4.92%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 7 $1,305,000 $186,429 $5,322 4.32%
    Bucyrus-Galion, OH (FHA|USDA|VA) 13 $1,265,000 $97,308 $4,150 4.42%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,180 4.25%
    VISALIA, CA (FHA|USDA|VA) 5 $1,225,000 $245,000 $6,669 4.18%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $1,180,000 $196,667 $7,877 3.60%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,175,000 $235,000 $5,217 4.68%
    WENATCHEE, WA (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,702 4.62%
    Tiffin, OH (FHA|USDA|VA) 11 $1,135,000 $103,182 $4,947 4.45%
    Calhoun, GA (FHA|USDA|VA) 8 $1,130,000 $141,250 $5,009 4.45%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,080,000 $270,000 $6,530 4.88%
    Key West, FL (FHA|USDA|VA) 2 $1,050,000 $525,000 $5,026 5.25%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,040,000 $173,333 $6,474 4.40%
    BOISE CITY, ID (FHA|USDA|VA) 4 $1,030,000 $257,500 $5,818 4.06%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $985,000 $328,333 $9,961 4.36%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $955,000 $318,333 $5,059 4.29%
    MERCED, CA (FHA|USDA|VA) 4 $910,000 $227,500 $5,917 4.72%
    Helena, MT (FHA|USDA|VA) 5 $905,000 $181,000 $3,884 4.28%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 7 $865,000 $123,571 $4,830 4.91%
    CARSON CITY, NV (FHA|USDA|VA) 3 $775,000 $258,333 $5,935 4.67%
    Fernley, NV (FHA|USDA|VA) 3 $765,000 $255,000 $6,119 4.46%
    Wilmington, OH (FHA|USDA|VA) 5 $755,000 $151,000 $6,890 4.40%
    CHICO, CA (FHA|USDA|VA) 3 $755,000 $251,667 $4,451 4.29%
    LAS CRUCES, NM (FHA|USDA|VA) 2 $730,000 $365,000 $5,614 3.81%
    SALEM, OR (FHA|USDA|VA) 3 $715,000 $238,333 $4,160 4.33%
    GREELEY, CO (FHA|USDA|VA) 3 $715,000 $238,333 $5,354 5.21%
    COLUMBUS, GA-AL (FHA|USDA|VA) 7 $705,000 $100,714 $5,378 4.25%
    EL CENTRO, CA (FHA|USDA|VA) 4 $670,000 $167,500 $5,447 4.22%
    REDDING, CA (FHA|USDA|VA) 3 $665,000 $221,667 $5,865 4.58%
    Orangeburg, SC (FHA|USDA|VA) 7 $655,000 $93,571 $5,551 5.06%
    PUNTA GORDA, FL (FHA|USDA|VA) 5 $655,000 $131,000 $6,806 4.75%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 6 $640,000 $106,667 $4,881 4.96%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $640,000 $320,000 $5,091 5.06%
    Ashtabula, OH (FHA|USDA|VA) 6 $610,000 $101,667 $5,705 4.35%
    Coshocton, OH (FHA|USDA|VA) 4 $600,000 $150,000 $5,370 4.13%
    Klamath Falls, OR (FHA|USDA|VA) 3 $585,000 $195,000 $4,076 4.12%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $585,000 $195,000 $4,750 4.33%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $560,000 $280,000 $3,533 5.06%
    Cornelia, GA (FHA|USDA|VA) 2 $560,000 $280,000 $12,904 4.38%
    Athens, OH (FHA|USDA|VA) 6 $560,000 $93,333 $4,257 3.85%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $540,000 $270,000 $3,063 5.06%
    Seneca, SC (FHA|USDA|VA) 2 $530,000 $265,000 $7,065 4.88%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $530,000 $265,000 $5,200 3.81%
    Payson, AZ (FHA|USDA|VA) 1 $525,000 $525,000 $5,067 5.00%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $490,000 $245,000 $8,756 3.38%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $490,000 $245,000 $10,517 4.88%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $485,000 $485,000 $4,239 4.50%
    Bozeman, MT (FHA|USDA|VA) 1 $485,000 $485,000 $4,165 3.88%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $485,000 $485,000 $4,303 4.13%
    Sevierville, TN (FHA|USDA|VA) 1 $485,000 $485,000 $5,300 4.88%
    Red Bluff, CA (FHA|USDA|VA) 2 $480,000 $240,000 $5,403 3.69%
    READING, PA (FHA|USDA|VA) 2 $480,000 $240,000 $6,094 3.94%
    Urbana, OH (FHA|USDA|VA) 3 $475,000 $158,333 $3,851 5.63%
    YAKIMA, WA (FHA|USDA|VA) 1 $475,000 $475,000 $2,714 4.00%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $455,000 $455,000 $4,507 3.38%
    Cullowhee, NC (FHA|USDA|VA) 2 $450,000 $225,000 $4,493 5.19%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $445,000 $445,000 $5,048 3.63%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $430,000 $215,000 $5,122 4.50%
    Brevard, NC (FHA|USDA|VA) 2 $430,000 $215,000 $3,284 4.19%
    TUCSON, AZ (FHA|USDA|VA) 2 $420,000 $210,000 $5,498 4.19%
    LOUISVILLE, KY (FHA|USDA|VA) 5 $415,000 $83,000 $4,066 5.60%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $405,000 $405,000 $5,425 6.50%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $405,000 $405,000 $4,937 4.50%
    SALISBURY, MD-DE (FHA|USDA|VA) 2 $400,000 $200,000 $3,722 4.13%
    DALTON, GA (FHA|USDA|VA) 4 $400,000 $100,000 $4,741 4.81%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $395,000 $131,667 $4,782 4.29%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $390,000 $195,000 $4,748 3.93%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $385,000 $385,000 $3,705 4.05%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $375,000 $375,000 $8,568 3.99%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $360,000 $180,000 $3,020 5.00%
    VALDOSTA, GA (FHA|USDA|VA) 2 $360,000 $180,000 $6,177 4.63%
    CORVALLIS, OR (FHA|USDA|VA) 1 $355,000 $355,000 $5,095 3.88%
    Astoria, OR (FHA|USDA|VA) 1 $355,000 $355,000 $4,775 3.99%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $345,000 $345,000 $8,611 3.75%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $345,000 $345,000 $16,295 3.63%
    MEDFORD, OR (FHA|USDA|VA) 1 $335,000 $335,000 $5,916 4.12%
    Roseburg, OR (FHA|USDA|VA) 1 $335,000 $335,000 $5,197 4.38%
    Port Angeles, WA (FHA|USDA|VA) 1 $335,000 $335,000 $4,433 4.12%
    Susanville, CA (FHA|USDA|VA) 1 $335,000 $335,000 $4,860 3.88%
    Moses Lake, WA (FHA|USDA|VA) 2 $330,000 $165,000 $5,170 4.00%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $315,000 $315,000 $6,557 4.25%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $315,000 $315,000 $2,960 4.25%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $315,000 $105,000 $4,424 4.54%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $310,000 $155,000 $5,303 4.81%
    Show Low, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $2,645 3.75%
    Boone, NC (FHA|USDA|VA) 1 $295,000 $295,000 $8,307 4.50%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $295,000 $98,333 $4,937 5.13%
    HINESVILLE, GA (FHA|USDA|VA) 1 $295,000 $295,000 $8,317 4.63%
    Holland, MI (FHA|USDA|VA) 1 $295,000 $295,000 $6,222 5.13%
    Lake City, FL (FHA|USDA|VA) 2 $290,000 $145,000 $7,090 4.25%
    Thomaston, GA (FHA|USDA|VA) 4 $280,000 $70,000 $4,408 4.66%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $275,000 $275,000 $2,950 4.63%
    Safford, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $8,975 4.63%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $275,000 $275,000 $8,767 5.63%
    GAINESVILLE, FL (FHA|USDA|VA) 2 $270,000 $135,000 $4,660 4.50%
    PUEBLO, CO (FHA|USDA|VA) 1 $265,000 $265,000 $2,915 4.49%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $265,000 $265,000 $4,352 4.38%
    Gaffney, SC (FHA|USDA|VA) 2 $260,000 $130,000 $6,321 4.13%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $255,000 $255,000 $5,426 4.88%
    Aberdeen, WA (FHA|USDA|VA) 1 $255,000 $255,000 $4,144 4.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $255,000 $255,000 $5,121 5.25%
    Centralia, WA (FHA|USDA|VA) 1 $255,000 $255,000 $4,130 3.75%
    RICHMOND, VA (FHA|USDA|VA) 1 $255,000 $255,000 $3,347 4.12%
    Wooster, OH (FHA|USDA|VA) 2 $250,000 $125,000 $3,994 4.38%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $245,000 $245,000 $4,892 3.88%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $235,000 $235,000 $3,570 4.88%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 3 $225,000 $75,000 $3,558 4.29%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $12,541 5.00%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $210,000 $105,000 $4,860 4.94%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,256 4.50%
    Somerset, KY (FHA|USDA|VA) 1 $195,000 $195,000 $9,341 5.13%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $195,000 $195,000 $7,693 3.38%
    Plymouth, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,374 4.12%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $185,000 $185,000 $8,389 3.63%
    Clewiston, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,036 5.00%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,745 3.75%
    Rexburg, ID (FHA|USDA|VA) 1 $185,000 $185,000 $7,191 4.38%
    Milledgeville, GA (FHA|USDA|VA) 1 $175,000 $175,000 $7,009 5.00%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $3,522 4.88%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $175,000 $175,000 $6,411 4.50%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.25%
    Keene, NH (FHA|USDA|VA) 1 $175,000 $175,000 $6,628 4.75%
    WACO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,916 4.25%
    MUNCIE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $8,395 5.00%
    Forest City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $5,781 4.63%
    WILMINGTON, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,239 3.99%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,115 4.75%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,727 5.50%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $155,000 $155,000 $7,161 5.00%
    MADERA, CA (FHA|USDA|VA) 1 $155,000 $155,000 $5,731 5.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $150,000 $75,000 $4,344 2.75%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $145,000 $145,000 $4,360 5.63%
    Shelby, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,234 3.99%
    Jackson, OH (FHA|USDA|VA) 1 $145,000 $145,000 $8,316 4.88%
    Bellefontaine, OH (FHA|USDA|VA) 1 $145,000 $145,000 $7,063 4.13%
    Laconia, NH (FHA|USDA|VA) 1 $135,000 $135,000 $2,337 4.25%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,229 4.25%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $125,000 $125,000 $5,801 5.00%
    Lumberton, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,071 4.25%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $115,000 $115,000 $2,613 5.00%
    Union, SC (FHA|USDA|VA) 1 $115,000 $115,000 $3,688 4.63%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $115,000 $115,000 $3,373 3.75%
    Atmore, AL (FHA|USDA|VA) 1 $95,000 $95,000 $5,516 5.75%
    Maysville, KY (FHA|USDA|VA) 1 $85,000 $85,000 $4,434 3.88%
    Deming, NM (FHA|USDA|VA) 1 $85,000 $85,000 $2,640 4.25%
    Portsmouth, OH (FHA|USDA|VA) 1 $85,000 $85,000 $5,490 4.00%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $75,000 $75,000 $4,270 4.38%
    Charleston-Mattoon, IL (FHA|USDA|VA) 1 $75,000 $75,000 $4,171 3.75%
    Cambridge, OH (FHA|USDA|VA) 1 $75,000 $75,000 $6,059 5.50%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $65,000 $65,000 $4,060 5.25%
    Lendus's top markets include San Francisco, Los Angeles, Seattle, Atlanta, and San Diego among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • Similar Lenders

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

    The Merchants National Bank
    Similarity Rank: 84
    SESLOC
    Similarity Rank: 128
    University of Hawaii Federal Credit Union
    Similarity Rank: 150
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 161
    ALOHA PACIFIC
    Similarity Rank: 225
    Sierra Central Credit Union
    Similarity Rank: 225
    HAWAIIAN FINANCIAL
    Similarity Rank: 228
    HAWAII STATE FEDERAL CREDIT UNION
    Similarity Rank: 240
    Territorial Savings Bank
    Similarity Rank: 244
    COMMUNITY FIRST CREDIT UNION
    Similarity Rank: 290

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,213 $2,675,355,000 $370,907 $5,089 4.28%
    FHA 2,608 $510,840,000 $195,874 $8,132 4.60%
    VA 883 $293,705,000 $332,622 $8,404 4.18%
    USDA 279 $39,495,000 $141,559 $5,416 4.34%

    For 2019, Lendus's most frequently originated type of loan was Conventional, with 7,213 originations. Their 2nd most popular type was FHA, with 2,608 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 7,990 $2,275,180,000 $284,753 $6,492 4.40%
    Refi 1,780 $800,220,000 $449,562 $4,600 4.08%
    Cash Out Refi 1,148 $421,680,000 $367,317 $5,648 4.39%
    Home Improvement 65 $22,315,000 $343,308 $5,103 4.49%

    For 2019, Lendus's most frequently cited loan purpose was Home Purchase, with 7,990 originations. The 2nd most popular reason was Refi, with 1,780 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 10,462 $3,399,810,000 $324,968 $6,213 4.37%
    15 Year 249 $65,425,000 $262,751 $4,400 3.70%
    10 Year 125 $2,405,000 $19,240 $439 5.51%
    20 Year 67 $19,075,000 $284,701 $4,530 4.11%
    5 Year 41 $605,000 $14,756 $150 0.00%
    30+ year 24 $26,520,000 $1,105,000 $14,079 5.19%
    Other 15 $5,555,000 $370,333 $4,576 4.21%

    For 2019, Lendus's most frequently cited loan duration was 30 Year, with 10,462 originations. The 2nd most popular length was 15 Year, with 249 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 6,137 $1,965,985,000 $320,350
    $2k-3k 1,818 $481,810,000 $265,022
    $3k-4k 980 $312,020,000 $318,388
    $5k+ 792 $440,060,000 $555,631
    $<1k 748 $121,690,000 $162,687
    $4k-5k 493 $191,425,000 $388,286

    Lendus's average total fees were $6,213, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 6,137 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 5,733 $1,804,855,000 $314,819
    3-4% 3,489 $1,325,095,000 $379,792
    5-6% 1,378 $342,480,000 $248,534
    <2.5% 207 $2,435,000 $11,763
    7-8% 105 $8,145,000 $77,571
    6-7% 44 $22,390,000 $508,864
    2.5-3% 23 $10,405,000 $452,391
    Over 8% 4 $3,590,000 $897,500

    During 2019, Lendus's average interest rate for loans was 4.37%, while their most frequently originated rate bucket for loans was 4-5%, with 5,733 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,626 $1,050,380,000 $289,680 $6,289 4.32%
    $100k-200k 3,104 $466,570,000 $150,313 $5,577 4.56%
    $400k-600k 1,948 $935,790,000 $480,385 $6,533 4.21%
    $100,000 or less 1,146 $65,660,000 $57,295 $3,151 4.10%
    $600k-1MM 890 $645,640,000 $725,438 $8,277 4.35%
    $1MM+ 269 $355,355,000 $1,321,022 $10,998 4.35%

    2019 saw Lendus place emphasis on $200k-400k loans with 3,626 originations, totaling $1,050,380,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,435 $461,465,000 $189,513 $5,857 4.38%
    $50k or less 2,070 $253,970,000 $122,691 $5,001 4.42%
    $100k-150k 2,022 $750,560,000 $371,197 $6,223 4.30%
    $150k-250k 1,669 $827,225,000 $495,641 $6,606 4.31%
    $75k-100k 1,611 $449,785,000 $279,196 $6,344 4.36%
    $250k+ 948 $689,120,000 $726,920 $7,541 4.39%

    Lendus lent most frequently to those with incomes in the $50k-75k range, with 2,435 originations. The second most popular income band? $50k or less, with 2,070 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,826 $606,120,000 $331,939 $5,751 4.31%
    20-30% 1,791 $606,385,000 $338,573 $5,402 4.29%
    50-60% 814 $187,870,000 $230,799 $8,451 4.36%
    42% 494 $186,070,000 $376,660 $6,466 4.36%
    44% 484 $142,460,000 $294,339 $5,883 4.45%
    49% 483 $162,995,000 $337,464 $6,570 4.45%
    41% 467 $164,295,000 $351,809 $6,202 4.49%
    <20% 462 $143,650,000 $310,931 $4,944 4.18%
    43% 451 $132,145,000 $293,004 $5,659 4.45%
    40% 449 $148,415,000 $330,546 $6,115 4.40%
    38% 435 $150,445,000 $345,851 $6,173 4.35%
    39% 418 $137,050,000 $327,871 $5,849 4.40%
    37% 371 $122,375,000 $329,852 $5,811 4.40%
    45% 370 $98,880,000 $267,243 $6,175 4.39%
    46% 358 $102,690,000 $286,844 $6,307 4.41%
    47% 358 $111,410,000 $311,201 $6,469 4.45%
    48% 356 $113,100,000 $317,697 $6,551 4.36%
    36% 353 $110,945,000 $314,292 $5,825 4.33%
    >60% 42 $15,720,000 $374,286 $10,724 3.76%

    Lendus lent most frequently to those with DTI ratios of 30-36%, with 1,826 originations. The next most common DTI ratio? 20-30%, with 1,791 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 7,177 $2,196,445,000 $306,039 $5,889 4.38%
    Not provided 1,910 $831,050,000 $435,105 $6,322 4.25%
    Black 1,399 $267,175,000 $190,976 $6,428 4.37%
    Asian 325 $151,355,000 $465,708 $7,203 4.22%
    American Indian 64 $20,670,000 $322,969 $6,841 4.39%
    Asian Indian 28 $13,180,000 $470,714 $6,057 4.53%
    Chinese 19 $11,225,000 $590,789 $7,172 4.28%
    Filipino 20 $10,190,000 $509,500 $8,238 4.37%
    Other Asian 16 $8,960,000 $560,000 $7,837 4.54%
    Korean 6 $2,890,000 $481,667 $8,872 4.48%
    Japanese 4 $2,270,000 $567,500 $8,821 3.88%
    Vietnamese 6 $2,060,000 $343,333 $5,722 4.17%
    Native Hawaiian or Islander 7 $1,745,000 $249,286 $5,234 4.93%
    Not applicable 1 $135,000 $135,000 $5,523 5.13%
    Other Pacific Islander 1 $45,000 $45,000 $3,994 4.55%

    Approval Rates

    Total approvals of all applications
    95.65%

    Lendus 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
    65.54%

    Lendus 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
    0.0 5 $75,000 $15,000
    120.0 1 $5,000 $5,000
    NA 10,977 $3,519,315,000 $320,608

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 114 $16,080,000 $141,053
    Single Family (1-4 Units):Site-Built 10,869 $3,503,315,000 $322,322

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 354 $113,730,000 $321,271 $4,610 4.14%
    40-60% 984 $391,230,000 $397,591 $5,029 4.14%
    60-80% 2,760 $1,195,450,000 $433,134 $5,635 4.36%
    80-100% 6,292 $1,736,350,000 $275,962 $6,648 4.48%
    Over 100% 212 $70,120,000 $330,755 $12,528 4.24%
    Under 20% 381 $12,515,000 $32,848 $687 2.90%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Lend Smart Mortgage, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 100.0%