Siwell Mortgage Rates, Fees & Info
LUBBOCK, TXLEI: 549300QV3GEYMP1WSO93
Tax ID: 75-1791492
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Siwell is a smaller mortgage company specializing in Refi, Cash Out Refi, and Home Purchase loans. Siwell 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 include Dallas, Lubbock, Philadelphia, Houston, and Huntington among others. Siwell has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Siwell is typically an average fee lendor.Originations
491Origination Dollar Volume (All Markets)
$111,915,000Awards
SIWELL - 2021
SIWELL is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Siwell 's average 30 year fixed rate mortgage of loans were
3.04%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.11%.
Relative Fees
Siwell 's average total fees for a 30 year fixed rate
mortgage are $4,987.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Outside of Metro Areas | 53 | $14,255,000 | $268,962 | $6,318 | 3.34% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 44 | $10,360,000 | $235,455 | $4,047 | 2.74% |
| LUBBOCK, TX (FHA|USDA|VA) | 54 | $9,690,000 | $179,444 | $4,407 | 2.98% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 18 | $4,860,000 | $270,000 | $5,826 | 2.62% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 18 | $4,170,000 | $231,667 | $4,355 | 2.63% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 16 | $3,900,000 | $243,750 | $5,354 | 2.76% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $3,520,000 | $352,000 | $3,302 | 2.70% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 12 | $3,470,000 | $289,167 | $4,417 | 2.70% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 13 | $2,965,000 | $228,077 | $4,822 | 3.04% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 10 | $2,190,000 | $219,000 | $4,372 | 2.36% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $2,035,000 | $290,714 | $4,133 | 2.61% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $1,810,000 | $301,667 | $8,300 | 2.83% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 9 | $1,765,000 | $196,111 | $4,407 | 2.89% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 5 | $1,645,000 | $329,000 | $3,207 | 2.60% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $3,507 | 2.33% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 7 | $1,445,000 | $206,429 | $4,715 | 2.54% |
| CHARLESTON, WV (FHA|USDA|VA) | 8 | $1,350,000 | $168,750 | $4,949 | 2.94% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 6 | $1,280,000 | $213,333 | $4,173 | 2.92% |
| COLUMBUS, OH (FHA|USDA|VA) | 9 | $1,245,000 | $138,333 | $4,767 | 3.21% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $2,774 | 2.66% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $1,180,000 | $590,000 | $11,545 | 3.38% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 5 | $1,155,000 | $231,000 | $3,212 | 2.45% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $4,374 | 2.16% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $2,974 | 3.20% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $4,696 | 2.66% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $3,969 | 2.63% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $3,197 | 2.63% |
| MISSOULA, MT (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $2,989 | 3.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $19,310 | 2.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $3,601 | 2.58% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 7 | $725,000 | $103,571 | $5,399 | 3.13% |
| Española, NM (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $4,561 | 2.75% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $2,892 | 2.67% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $9,293 | 2.94% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $3,955 | 2.75% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $3,391 | 2.54% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $3,467 | 2.92% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $3,572 | 2.58% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $3,998 | 3.04% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $2,759 | 2.94% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $5,867 | 2.88% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $2,150 | 2.44% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,484 | 2.69% |
| MORGANTOWN, WV (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $4,359 | 2.50% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $3,353 | 2.88% |
| Corsicana, TX (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $2,267 | 2.42% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,361 | 2.94% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $3,521 | 3.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,782 | 3.00% |
| Ruidoso, NM (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $2,455 | 2.69% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,521 | 2.50% |
| MADISON, WI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,751 | 3.88% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $4,238 | 3.00% |
| DOVER, DE (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,141 | 2.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,626 | 2.50% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $13,079 | 3.38% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,318 | 2.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $9,342 | 3.63% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,309 | 2.75% |
| Auburn, IN (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,187 | 2.13% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,110 | 2.50% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,153 | 2.88% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,489 | 2.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,753 | 2.75% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,419 | 2.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,542 | 2.88% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,365 | 3.25% |
| Milledgeville, GA (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,928 | 2.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,022 | 2.88% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $4,128 | 2.96% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,469 | 2.63% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,598 | 2.25% |
| Astoria, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,994 | 2.63% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,318 | 2.75% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,989 | 2.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,623 | 2.13% |
| Brevard, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,555 | 3.63% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,359 | 2.88% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,170 | 2.50% |
| Wapakoneta, OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,537 | 3.06% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,671 | 2.38% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,541 | 2.75% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,382 | 2.38% |
| Torrington, CT (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,893 | 2.13% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,687 | 2.75% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,756 | 3.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,318 | 2.88% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $1,026 | 2.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,938 | 2.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,860 | 2.13% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,543 | 2.38% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,066 | 2.81% |
| AKRON, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,604 | 3.63% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,934 | 3.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,008 | 3.13% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,577 | 2.13% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,297 | 2.50% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,702 | 2.88% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,455 | 1.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $1,958 | 2.38% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,580 | 2.38% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,697 | 2.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,932 | 2.75% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,231 | 3.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,274 | 2.75% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,734 | 2.25% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,552 | 2.88% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,168 | 2.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,576 | 3.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,053 | 3.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,987 | 3.25% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,891 | 3.38% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $3,192 | 2.50% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,457 | 2.75% |
| Salem, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,710 | 2.88% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,186 | 1.88% |
| CHICO, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,786 | 2.75% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,597 | 3.38% |
| Washington Court House, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,969 | 2.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,089 | 1.88% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,580 | 3.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,297 | 3.25% |
| OCALA, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,728 | 2.50% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,348 | 1.75% |
| FLINT, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,359 | 2.63% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,430 | 2.38% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,239 | 2.38% |
Siwell 's top markets include Dallas, Lubbock, Philadelphia, Houston, and Huntington among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 397 | $90,185,000 | $227,166 | $4,215 | 2.80% |
| FHA | 48 | $9,670,000 | $201,458 | $7,284 | 3.19% |
| VA | 39 | $11,125,000 | $285,256 | $4,842 | 2.53% |
| USDA | 7 | $935,000 | $133,571 | $4,771 | 3.16% |
For the 2021 period, Siwell 's most frequently originated loan type of loans were Conventional, with 397 originations. Their 2nd most popular type is FHA, with 48 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 228 | $49,050,000 | $215,132 | $3,928 | 2.59% |
| Cash Out Refi | 156 | $37,070,000 | $237,628 | $4,652 | 2.87% |
| Home Purchase | 107 | $25,795,000 | $241,075 | $5,830 | 3.25% |
For the 2021, Siwell 's most frequently cited loan purpose of loans were Refi, with 228 originations. The 2nd most popular reason of loans were Cash Out Refi, with 156 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 321 | $77,735,000 | $242,165 | $4,987 | 3.04% |
| 15 Year | 101 | $21,185,000 | $209,752 | $3,818 | 2.24% |
| 20 Year | 52 | $10,000,000 | $192,308 | $3,785 | 2.75% |
| Other | 9 | $1,355,000 | $150,556 | $3,440 | 2.25% |
| 10 Year | 7 | $1,185,000 | $169,286 | $3,446 | 2.04% |
| 30+ year | 1 | $455,000 | $455,000 | $6,610 | 5.88% |
For the 2021, Siwell 's most frequently cited loan length of loans were 30 Year, with 321 originations. The 2nd most popular length of loans were 15 Year, with 101 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 254 | $55,460,000 | $218,346 |
| $<1k | 81 | $16,535,000 | $204,136 |
| $2k-3k | 76 | $17,310,000 | $227,763 |
| $3k-4k | 59 | $14,825,000 | $251,271 |
| $5k+ | 21 | $7,785,000 | $370,714 |
$4,987 of loans were Siwell 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 254 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 179 | $40,725,000 | $227,514 |
| <2.5% | 172 | $37,810,000 | $219,826 |
| 3-4% | 129 | $30,635,000 | $237,481 |
| 4-5% | 10 | $2,290,000 | $229,000 |
| 5-6% | 1 | $455,000 | $455,000 |
During 2021, Siwell 's average interest rate of loans were 3.04%, while their most frequently originated rate bucket of loans were 2.5-3%, with 179 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 207 | $31,655,000 | $152,923 | $3,950 | 2.79% |
| $200k-400k | 200 | $54,960,000 | $274,800 | $5,045 | 2.82% |
| $100,000 or less | 40 | $3,100,000 | $77,500 | $3,310 | 2.85% |
| $400k-600k | 37 | $17,335,000 | $468,514 | $5,498 | 2.88% |
| $600k-1MM | 7 | $4,865,000 | $695,000 | $11,809 | 3.45% |
2021 saw Siwell place emphasis on $100k-200k loans with 207 originations, totaling $31,655,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 113 | $28,645,000 | $253,496 | $5,081 | 2.89% |
| $50k-75k | 96 | $17,620,000 | $183,542 | $4,626 | 2.80% |
| $75k-100k | 92 | $20,590,000 | $223,804 | $4,525 | 2.82% |
| $50k or less | 61 | $7,745,000 | $126,967 | $3,722 | 2.92% |
| $150k-250k | 54 | $16,380,000 | $303,333 | $4,712 | 2.74% |
| $250k+ | 32 | $10,100,000 | $315,625 | $4,644 | 2.88% |
Siwell lent most frequently to those with incomes in the $100k-150k range, with 113 originations. The second most popular income band? $50k-75k, with 96 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 32 | $6,780,000 | $211,875 | $4,596 | 2.86% |
| 30-36% | 21 | $4,515,000 | $215,000 | $5,190 | 3.09% |
| 43% | 10 | $3,200,000 | $320,000 | $5,277 | 3.26% |
| <20% | 10 | $1,560,000 | $156,000 | $4,512 | 2.80% |
| 45% | 8 | $1,980,000 | $247,500 | $5,935 | 2.77% |
| 38% | 6 | $1,090,000 | $181,667 | $3,853 | 2.54% |
| 42% | 4 | $980,000 | $245,000 | $5,795 | 3.00% |
| 36% | 4 | $1,150,000 | $287,500 | $5,247 | 2.84% |
| 44% | 3 | $535,000 | $178,333 | $2,823 | 2.33% |
| 40% | 3 | $775,000 | $258,333 | $3,342 | 2.46% |
| 41% | 3 | $695,000 | $231,667 | $5,597 | 3.38% |
| 46% | 2 | $520,000 | $260,000 | $3,773 | 2.81% |
| 39% | 2 | $890,000 | $445,000 | $4,364 | 3.50% |
| 37% | 2 | $370,000 | $185,000 | $7,878 | 3.19% |
| 48% | 2 | $690,000 | $345,000 | $5,251 | 3.44% |
| 49% | 2 | $550,000 | $275,000 | $5,035 | 3.00% |
| 47% | 1 | $205,000 | $205,000 | $6,045 | 4.13% |
| 50-60% | 1 | $335,000 | $335,000 | $9,747 | 3.38% |
Siwell lent most frequently to those with DTI ratios of 20-30%, with 32 originations. The next most common DTI ratio? 30-36%, with 21 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 344 | $75,520,000 | $219,535 | $4,430 | 2.83% |
| Not provided | 89 | $23,345,000 | $262,303 | $4,918 | 2.68% |
| Black | 51 | $10,895,000 | $213,627 | $5,083 | 3.05% |
| Asian | 6 | $1,780,000 | $296,667 | $3,698 | 2.50% |
| Native Hawaiian | 1 | $375,000 | $375,000 | $2,102 | 2.50% |
Approval Rates
Total approvals of all applications95.68%
Siwell has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination76.16%
Siwell has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 491 | $111,915,000 | $227,933 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 491 | $111,915,000 | $227,933 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 9 | $1,265,000 | $140,556 | $2,671 | 2.79% |
| 40-60% | 43 | $9,495,000 | $220,814 | $3,872 | 2.63% |
| 60-80% | 55 | $14,085,000 | $256,091 | $4,868 | 2.95% |
| 80-100% | 35 | $9,355,000 | $267,286 | $6,636 | 3.11% |
