Princeton Mortgage Corporation Rates, Fees & Info
Pennington, NJLEI: 549300QVGK8WC4HQ3C28
Tax ID: 22-2470496
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Mortgage Data
Review & Overview
Princeton Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. Princeton Mortgage Corporation 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: Charleston, Philadelphia, Pittsburgh, Atlanta, and Columbus among others. We have data for 171 markets. (Some data included below & more in-depth data is available with an active subscription.)Princeton Mortgage Corporation 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. Princeton Mortgage Corporation 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.80% | 11/17/24 |
| 30 Year Conventional Refi | 6.40% | 11/17/24 |
| 30 Year Cash-out Refi | 6.79% | 11/17/24 |
| 30 Year FHA Purchase | 7.47% | 11/17/24 |
| 30 Year FHA Refi | 6.59% | 11/17/24 |
| 30 Year VA Purchase | 6.42% | 11/17/24 |
| 30 Year VA Refi | 5.89% | 11/17/24 |
| 30 Year USDA Purchase | 6.82% | 11/17/24 |
| 30 Year USDA Refi | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 6.39% | 11/17/24 |
| 15 Year Conventional Refi | 6.15% | 11/17/24 |
| 15 Year Cash-out Refi | 6.15% | 11/17/24 |
| 15 Year FHA Refi | 5.68% | 11/17/24 |
| 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. | ||
Princeton Mortgage Corporation Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,019Origination Dollar Volume (All Markets)
$625,875,000Awards
Princeton Mortgage Corporation - 2022
Princeton Mortgage Corporation is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 245 | $105,205,000 | $429,408 | $8,962 | 5.05% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 193 | $56,195,000 | $291,166 | $8,580 | 5.04% |
| PITTSBURGH, PA (FHA|USDA|VA) | 219 | $50,745,000 | $231,712 | $7,325 | 4.53% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 100 | $35,760,000 | $357,600 | $8,361 | 4.80% |
| COLUMBUS, OH (FHA|USDA|VA) | 89 | $26,535,000 | $298,146 | $6,883 | 4.58% |
| KNOXVILLE, TN (FHA|USDA|VA) | 104 | $23,800,000 | $228,846 | $7,181 | 5.32% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 57 | $23,595,000 | $413,947 | $11,507 | 4.31% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 54 | $23,520,000 | $435,556 | $10,309 | 4.27% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 73 | $22,525,000 | $308,562 | $8,832 | 5.12% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 59 | $20,975,000 | $355,508 | $10,496 | 4.05% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 57 | $18,215,000 | $319,561 | $8,426 | 4.89% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 55 | $13,885,000 | $252,455 | $6,425 | 5.33% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 45 | $12,975,000 | $288,333 | $8,694 | 4.54% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 40 | $11,580,000 | $289,500 | $9,255 | 4.63% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 37 | $10,595,000 | $286,351 | $9,098 | 4.85% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 36 | $9,850,000 | $273,611 | $7,462 | 4.93% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 30 | $8,450,000 | $281,667 | $8,142 | 5.04% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 19 | $7,745,000 | $407,632 | $7,575 | 4.68% |
| ERIE, PA (FHA|USDA|VA) | 44 | $6,770,000 | $153,864 | $7,082 | 4.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 12 | $6,540,000 | $545,000 | $9,836 | 3.56% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 23 | $6,485,000 | $281,957 | $7,186 | 3.71% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 18 | $5,920,000 | $328,889 | $8,894 | 4.71% |
| Outside of Metro Areas | 23 | $5,845,000 | $254,130 | $7,673 | 5.10% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 14 | $4,880,000 | $348,571 | $6,123 | 4.44% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 12 | $4,580,000 | $381,667 | $9,467 | 6.39% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 18 | $4,090,000 | $227,222 | $7,442 | 4.74% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $3,700,000 | $370,000 | $8,605 | 4.55% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 18 | $3,590,000 | $199,444 | $3,110 | 4.72% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 10 | $3,530,000 | $353,000 | $9,064 | 4.26% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $2,880,000 | $480,000 | $9,259 | 5.67% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $2,340,000 | $292,500 | $10,974 | 4.97% |
| READING, PA (FHA|USDA|VA) | 9 | $2,235,000 | $248,333 | $6,936 | 4.83% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 6 | $2,220,000 | $370,000 | $8,147 | 3.83% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 5 | $2,045,000 | $409,000 | $13,105 | 4.78% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $2,030,000 | $338,333 | $12,944 | 4.73% |
| CLEVELAND, TN (FHA|USDA|VA) | 6 | $2,000,000 | $333,333 | $9,126 | 5.25% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 5 | $1,885,000 | $377,000 | $9,854 | 4.55% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 9 | $1,885,000 | $209,444 | $6,866 | 4.57% |
| SPARTANBURG, SC (FHA|USDA|VA) | 8 | $1,880,000 | $235,000 | $8,330 | 5.52% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 8 | $1,740,000 | $217,500 | $5,993 | 4.94% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 6 | $1,590,000 | $265,000 | $6,839 | 6.08% |
| CHICO, CA (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $11,231 | 5.88% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 4 | $1,450,000 | $362,500 | $10,727 | 4.59% |
| Sevierville, TN (FHA|USDA|VA) | 5 | $1,325,000 | $265,000 | $8,003 | 4.93% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,265,000 | $421,667 | $7,847 | 3.88% |
| MEDFORD, OR (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $7,990 | 3.75% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $6,118 | 4.12% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $1,170,000 | $585,000 | $15,163 | 4.19% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $5,667 | 6.10% |
| DOVER, DE (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $11,181 | 4.67% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $15,382 | 4.75% |
| AKRON, OH (FHA|USDA|VA) | 6 | $1,110,000 | $185,000 | $5,212 | 3.27% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $8,635 | 4.10% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $10,510 | 5.81% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $12,408 | 5.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $7,567 | 5.25% |
| Athens, TN (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $8,689 | 5.25% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $4,485 | 3.81% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $7,935 | 6.03% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $10,005 | 5.25% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $7,075 | 3.33% |
| Georgetown, SC (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $6,313 | 4.25% |
| DALTON, GA (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $5,158 | 4.21% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $22,087 | 4.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $7,365 | 4.06% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $11,856 | 6.62% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $10,406 | 5.38% |
| Key West, FL (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $25,358 | 3.38% |
| Pella, IA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $2,973 | 4.69% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $5,421 | 6.75% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,435 | 5.56% |
| Brevard, NC (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $11,583 | 5.56% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $13,705 | 4.13% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,603 | 3.49% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $5,957 | 2.67% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $5,947 | 4.08% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $7,292 | 5.44% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,087 | 4.75% |
| Easton, MD (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 5.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $5,344 | 3.63% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $19,540 | 7.13% |
| LEBANON, PA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $9,820 | 4.44% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $10,691 | 5.19% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $2,999 | 3.00% |
| ALTOONA, PA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $10,544 | 3.50% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $4,739 | 5.31% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $6,380 | 6.79% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,855 | 5.38% |
| New Castle, PA (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,960 | 4.13% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $6,647 | 5.06% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $4,381 | 2.99% |
| IOWA CITY, IA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,359 | 4.94% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,620 | 6.19% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $5,816 | 2.63% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,986 | 4.00% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $6,811 | 5.63% |
| AMES, IA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,953 | 4.50% |
| TYLER, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,341 | 3.38% |
| MADERA, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,632 | 5.75% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,831 | 3.13% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $12,673 | 3.88% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,321 | 6.25% |
| Cedartown, GA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $10,070 | 6.88% |
| Indiana, PA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $6,047 | 4.17% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $4,726 | 4.13% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $9,680 | 6.99% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $8,438 | 4.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $12,671 | 6.38% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $7,894 | 4.69% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,461 | 3.88% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $5,796 | 5.81% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,417 | 3.75% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $8,598 | 7.13% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,328 | 4.88% |
| Boone, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,138 | 4.25% |
| Meadville, PA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,815 | 5.00% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,417 | 4.38% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $24,354 | 5.88% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $5,519 | 3.62% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $12,764 | 4.99% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $11,286 | 5.25% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,302 | 7.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $8,350 | 4.18% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,518 | 4.25% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,930 | 5.38% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,791 | 6.38% |
| Durango, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,660 | 5.13% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,032 | 5.88% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,194 | 3.25% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,938 | 4.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,939 | 4.25% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $16,734 | 6.50% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 6.00% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $15,274 | 5.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $15,334 | 4.99% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,575 | 4.38% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,027 | 4.00% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $10,524 | 5.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,654 | 5.50% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,099 | 4.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,152 | 3.75% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,848 | 6.63% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,572 | 4.63% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,930 | 3.88% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,393 | 3.88% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 6.38% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,022 | 5.63% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,077 | 4.38% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,151 | 3.13% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,761 | 3.25% |
| Somerset, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,890 | 6.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,960 | 6.38% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,388 | 6.75% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,717 | 2.88% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,192 | 4.50% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,163 | 4.25% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,091 | 5.50% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,826 | 5.75% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,189 | 3.50% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,239 | 5.88% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,194 | 4.13% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,926 | 3.75% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,767 | 5.00% |
| DuBois, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,408 | 3.88% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,182 | 7.25% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,140 | 7.00% |
| Warren, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,174 | 3.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,098 | 4.38% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,939 | 3.25% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,485 | 3.75% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,773 | 4.25% |
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We use machine learning to identify the top lenders compared against Princeton Mortgage Corporation 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
For 2022, Princeton Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,613 originations. Their 2nd most popular type was FHA, with 316 originations.
Loan Reason
For 2022, Princeton Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,688 originations. The 2nd most popular reason was Cash Out Refi, with 189 originations.
Loan Duration/Length
For 2022, Princeton Mortgage Corporation's most frequently cited loan duration was 30 Year, with 1,911 originations. The 2nd most popular length was 15 Year, with 79 originations.
Origination Fees/Closing Costs
Princeton Mortgage Corporation's average total fees were $8,406, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 628 originations.
Interest Rates
During 2022, Princeton Mortgage Corporation's average interest rate for loans was 4.86%, while their most frequently originated rate bucket for loans was 5-6%, with 597 originations.
Loan Sizing
2022 saw Princeton Mortgage Corporation place emphasis on $200k-400k loans with 1,066 originations, totaling $308,490,000 in origination value.
Applicant Income
Princeton Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 512 originations. The second most popular income band? $100k-150k, with 460 originations.
Applicant Debt to Income Ratio
Princeton Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 311 originations. The next most common DTI ratio? 30-36%, with 288 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.69%
Princeton Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination47.10%
Princeton Mortgage Corporation 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 |
|---|---|---|---|
| NA | 2,019 | $625,875,000 | $309,993 |