Certainty Home Loans Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300QVQQMJ9IWR0G78

Tax ID: 75-2857425

4.2 stars - out of 5 stars, based on 84 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Certainty Home Loans is a small mortgage company specializing in Home Purchase loans. Certainty Home Loans 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 Atlanta, Charlotte, Houston, Dallas, and Huntsville among others. Certainty Home Loans 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. Certainty Home Loans is typically an average fee lendor.


Originations

7,037

Origination Dollar Volume (All Markets)

$1,720,005,000
Show all (14) awards

Relative Rate

Certainty Home Loans 's average 30 year fixed rate mortgage of loans were 3.1%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.05%.

Relative Fees

Certainty Home Loans 's average total fees for a 30 year fixed rate mortgage are $5,755.

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 815 $242,635,000 $297,712 $5,105 3.03%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 595 $162,845,000 $273,689 $4,576 3.01%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 429 $112,715,000 $262,739 $6,300 3.08%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 313 $88,655,000 $283,243 $5,788 3.02%
HUNTSVILLE, AL (FHA|USDA|VA) 360 $86,680,000 $240,778 $6,445 2.98%
SAVANNAH, GA (FHA|USDA|VA) 330 $81,710,000 $247,606 $5,382 2.94%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 251 $81,555,000 $324,920 $7,154 2.80%
FAYETTEVILLE, NC (FHA|USDA|VA) 376 $62,240,000 $165,532 $5,666 2.62%
OKLAHOMA CITY, OK (FHA|USDA|VA) 286 $62,050,000 $216,958 $4,340 3.06%
EL PASO, TX (FHA|USDA|VA) 322 $61,370,000 $190,590 $7,613 2.98%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 278 $45,560,000 $163,885 $5,376 3.18%
WINSTON-SALEM, NC (FHA|USDA|VA) 215 $45,255,000 $210,488 $5,144 2.96%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 124 $39,620,000 $319,516 $5,642 3.04%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 174 $38,750,000 $222,701 $5,135 2.99%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 109 $33,895,000 $310,963 $5,490 2.95%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 122 $33,560,000 $275,082 $6,492 3.09%
MONTGOMERY, AL (FHA|USDA|VA) 144 $28,000,000 $194,444 $5,923 2.83%
Albertville, AL (FHA|USDA|VA) 131 $27,955,000 $213,397 $5,899 2.94%
COLUMBUS, GA-AL (FHA|USDA|VA) 93 $25,825,000 $277,688 $5,200 2.91%
SHERMAN-DENISON, TX (FHA|USDA|VA) 115 $23,175,000 $201,522 $5,691 3.15%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 70 $20,880,000 $298,286 $6,053 2.87%
Outside of Metro Areas 88 $16,740,000 $190,227 $5,145 2.93%
Scottsboro, AL (FHA|USDA|VA) 75 $16,105,000 $214,733 $6,061 2.95%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 56 $15,800,000 $282,143 $4,189 2.93%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 50 $14,720,000 $294,400 $4,073 2.93%
COLUMBIA, SC (FHA|USDA|VA) 75 $13,415,000 $178,867 $5,034 2.87%
HINESVILLE, GA (FHA|USDA|VA) 54 $10,850,000 $200,926 $5,547 2.87%
RALEIGH-CARY, NC (FHA|USDA|VA) 40 $10,760,000 $269,000 $4,432 2.95%
TYLER, TX (FHA|USDA|VA) 47 $10,685,000 $227,340 $4,411 3.17%
CORPUS CHRISTI, TX (FHA|USDA|VA) 48 $9,650,000 $201,042 $5,150 3.01%
MIDLAND, TX (FHA|USDA|VA) 37 $8,735,000 $236,081 $7,395 2.91%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 28 $7,410,000 $264,643 $4,730 3.22%
Calhoun, GA (FHA|USDA|VA) 34 $6,990,000 $205,588 $5,180 3.15%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 29 $6,785,000 $233,966 $6,254 2.97%
Paris, TX (FHA|USDA|VA) 38 $6,200,000 $163,158 $5,786 3.02%
Fort Payne, AL (FHA|USDA|VA) 38 $6,130,000 $161,316 $5,982 3.13%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 18 $5,740,000 $318,889 $5,202 2.92%
ROME, GA (FHA|USDA|VA) 24 $5,410,000 $225,417 $5,190 3.02%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $4,960,000 $248,000 $6,412 3.14%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 15 $4,855,000 $323,667 $5,462 2.99%
ODESSA, TX (FHA|USDA|VA) 28 $4,800,000 $171,429 $7,387 2.68%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 19 $4,615,000 $242,895 $4,932 2.53%
LAS CRUCES, NM (FHA|USDA|VA) 19 $4,595,000 $241,842 $7,194 3.12%
WARNER ROBINS, GA (FHA|USDA|VA) 18 $4,590,000 $255,000 $7,040 2.69%
Granbury, TX (FHA|USDA|VA) 17 $4,215,000 $247,941 $6,025 2.82%
RICHMOND, VA (FHA|USDA|VA) 15 $3,685,000 $245,667 $3,208 2.83%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 15 $3,685,000 $245,667 $6,065 2.96%
PANAMA CITY, FL (FHA|USDA|VA) 17 $3,335,000 $196,176 $6,125 2.95%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 13 $3,315,000 $255,000 $5,768 2.82%
GAINESVILLE, GA (FHA|USDA|VA) 12 $3,300,000 $275,000 $3,911 2.79%
Sanford, NC (FHA|USDA|VA) 19 $3,075,000 $161,842 $6,467 2.67%
DECATUR, AL (FHA|USDA|VA) 16 $2,910,000 $181,875 $5,850 3.09%
Jefferson, GA (FHA|USDA|VA) 9 $2,905,000 $322,778 $5,211 2.97%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 7 $2,775,000 $396,429 $8,792 2.69%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $2,400,000 $600,000 $3,943 3.34%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $2,270,000 $283,750 $3,913 3.12%
DALTON, GA (FHA|USDA|VA) 13 $2,265,000 $174,231 $5,206 3.32%
Cedartown, GA (FHA|USDA|VA) 8 $2,040,000 $255,000 $3,915 2.97%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $2,040,000 $340,000 $4,237 2.94%
GADSDEN, AL (FHA|USDA|VA) 8 $2,040,000 $255,000 $8,065 2.98%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,915,000 $273,571 $4,572 2.93%
BURLINGTON, NC (FHA|USDA|VA) 8 $1,860,000 $232,500 $4,161 2.94%
ASHEVILLE, NC (FHA|USDA|VA) 6 $1,770,000 $295,000 $6,332 3.15%
Albemarle, NC (FHA|USDA|VA) 8 $1,670,000 $208,750 $5,675 2.89%
SAN ANGELO, TX (FHA|USDA|VA) 8 $1,640,000 $205,000 $5,655 3.34%
LONGVIEW, TX (FHA|USDA|VA) 6 $1,600,000 $266,667 $5,850 3.19%
Cullman, AL (FHA|USDA|VA) 6 $1,480,000 $246,667 $6,813 2.73%
Statesboro, GA (FHA|USDA|VA) 7 $1,475,000 $210,714 $4,369 3.14%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,460,000 $243,333 $4,329 3.14%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $1,405,000 $281,000 $4,840 2.88%
Bonham, TX (FHA|USDA|VA) 9 $1,385,000 $153,889 $4,757 3.10%
Milledgeville, GA (FHA|USDA|VA) 2 $1,350,000 $675,000 $8,669 2.94%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $1,285,000 $428,333 $6,808 2.96%
Ruidoso, NM (FHA|USDA|VA) 5 $1,275,000 $255,000 $3,541 3.17%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,157 3.34%
Bay City, TX (FHA|USDA|VA) 3 $1,155,000 $385,000 $8,098 3.25%
NEW BERN, NC (FHA|USDA|VA) 4 $1,140,000 $285,000 $5,142 2.91%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,650 2.97%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,135,000 $227,000 $2,634 2.67%
Athens, TX (FHA|USDA|VA) 4 $1,030,000 $257,500 $5,392 3.38%
Shelby, NC (FHA|USDA|VA) 4 $1,030,000 $257,500 $7,067 3.31%
Del Rio, TX (FHA|USDA|VA) 4 $1,000,000 $250,000 $10,594 3.69%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $955,000 $318,333 $9,195 2.96%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 4 $950,000 $237,500 $5,971 2.93%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $930,000 $465,000 $6,390 2.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $925,000 $308,333 $10,049 3.46%
MOBILE, AL (FHA|USDA|VA) 6 $900,000 $150,000 $4,915 3.10%
Rockport, TX (FHA|USDA|VA) 5 $895,000 $179,000 $3,870 3.20%
Vidalia, GA (FHA|USDA|VA) 2 $870,000 $435,000 $4,779 2.56%
Huntsville, TX (FHA|USDA|VA) 2 $750,000 $375,000 $8,656 3.31%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $750,000 $375,000 $3,011 2.50%
Shawnee, OK (FHA|USDA|VA) 4 $750,000 $187,500 $6,659 3.16%
Key West, FL (FHA|USDA|VA) 2 $730,000 $365,000 $3,309 2.93%
BRUNSWICK, GA (FHA|USDA|VA) 2 $720,000 $360,000 $4,059 3.75%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $680,000 $170,000 $4,432 3.19%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 3 $675,000 $225,000 $7,872 2.99%
Lumberton, NC (FHA|USDA|VA) 6 $650,000 $108,333 $3,263 2.60%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $620,000 $310,000 $3,330 3.00%
Brevard, NC (FHA|USDA|VA) 2 $620,000 $310,000 $3,731 2.69%
BOULDER, CO (FHA|USDA|VA) 1 $595,000 $595,000 $3,226 3.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $590,000 $295,000 $5,126 2.81%
SPARTANBURG, SC (FHA|USDA|VA) 2 $560,000 $280,000 $3,678 3.25%
Palestine, TX (FHA|USDA|VA) 1 $545,000 $545,000 $5,817 2.88%
Durant, OK (FHA|USDA|VA) 3 $545,000 $181,667 $6,568 3.21%
SANTA FE, NM (FHA|USDA|VA) 1 $545,000 $545,000 $3,681 3.25%
SUMTER, SC (FHA|USDA|VA) 3 $545,000 $181,667 $4,123 3.25%
Pearsall, TX (FHA|USDA|VA) 3 $535,000 $178,333 $6,211 3.67%
Montrose, CO (FHA|USDA|VA) 2 $510,000 $255,000 $2,930 2.93%
Gainesville, TX (FHA|USDA|VA) 4 $510,000 $127,500 $5,387 2.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $485,000 $161,667 $2,580 3.12%
Summerville, GA (FHA|USDA|VA) 3 $485,000 $161,667 $5,738 3.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $465,000 $155,000 $4,249 3.46%
Jacksonville, TX (FHA|USDA|VA) 2 $460,000 $230,000 $2,474 3.50%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $445,000 $148,333 $6,719 3.12%
Alice, TX (FHA|USDA|VA) 2 $430,000 $215,000 $8,697 3.38%
Atmore, AL (FHA|USDA|VA) 1 $425,000 $425,000 $2,940 3.13%
FLORENCE, SC (FHA|USDA|VA) 3 $425,000 $141,667 $5,171 2.04%
ABILENE, TX (FHA|USDA|VA) 2 $410,000 $205,000 $2,815 2.81%
PUEBLO, CO (FHA|USDA|VA) 3 $405,000 $135,000 $4,790 2.96%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $400,000 $200,000 $2,822 3.25%
Marion, NC (FHA|USDA|VA) 3 $385,000 $128,333 $5,970 2.25%
Fredericksburg, TX (FHA|USDA|VA) 1 $385,000 $385,000 $5,526 3.25%
WILMINGTON, NC (FHA|USDA|VA) 1 $365,000 $365,000 $4,662 3.50%
Boone, NC (FHA|USDA|VA) 1 $355,000 $355,000 $16,758 2.25%
GREELEY, CO (FHA|USDA|VA) 1 $355,000 $355,000 $8,415 4.00%
TULSA, OK (FHA|USDA|VA) 2 $350,000 $175,000 $3,407 2.56%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $345,000 $345,000 $13,068 2.50%
Kingsville, TX (FHA|USDA|VA) 2 $340,000 $170,000 $6,248 3.00%
GOLDSBORO, NC (FHA|USDA|VA) 4 $330,000 $82,500 $3,788 2.34%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $330,000 $165,000 $4,988 2.81%
WICHITA FALLS, TX (FHA|USDA|VA) 3 $325,000 $108,333 $5,278 2.71%
ENID, OK (FHA|USDA|VA) 1 $315,000 $315,000 $13,456 2.99%
Cullowhee, NC (FHA|USDA|VA) 1 $315,000 $315,000 $7,516 2.99%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $295,000 $295,000 $10,800 2.88%
El Campo, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,644 3.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $295,000 $295,000 $14,221 2.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $285,000 $285,000 $9,094 2.63%
Adrian, MI (FHA|USDA|VA) 1 $275,000 $275,000 $3,160 3.25%
Troy, AL (FHA|USDA|VA) 2 $270,000 $135,000 $5,751 3.44%
Ardmore, OK (FHA|USDA|VA) 2 $270,000 $135,000 $4,874 2.81%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $255,000 $255,000 $2,680 2.13%
Waycross, GA (FHA|USDA|VA) 1 $255,000 $255,000 $7,839 3.50%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $255,000 $255,000 $1,866 2.99%
Cornelia, GA (FHA|USDA|VA) 1 $255,000 $255,000 $4,175 3.25%
BATON ROUGE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $3,466 2.75%
Weatherford, OK (FHA|USDA|VA) 1 $245,000 $245,000 $7,305 2.63%
KNOXVILLE, TN (FHA|USDA|VA) 1 $235,000 $235,000 $5,626 2.99%
Duncan, OK (FHA|USDA|VA) 2 $230,000 $115,000 $4,250 3.31%
Stephenville, TX (FHA|USDA|VA) 1 $225,000 $225,000 $2,956 3.13%
Jasper, AL (FHA|USDA|VA) 1 $225,000 $225,000 $3,205 2.88%
Ponca City, OK (FHA|USDA|VA) 1 $225,000 $225,000 $3,121 2.88%
Jesup, GA (FHA|USDA|VA) 1 $225,000 $225,000 $5,129 2.75%
Forest City, NC (FHA|USDA|VA) 2 $220,000 $110,000 $3,687 2.94%
Tifton, GA (FHA|USDA|VA) 1 $215,000 $215,000 $1,037 3.88%
WACO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,933 3.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $195,000 $195,000 $5,440 3.50%
Georgetown, SC (FHA|USDA|VA) 1 $195,000 $195,000 $4,029 3.88%
Nacogdoches, TX (FHA|USDA|VA) 1 $185,000 $185,000 $6,317 3.13%
Dublin, GA (FHA|USDA|VA) 1 $185,000 $185,000 $6,285 3.25%
Lufkin, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,649 3.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $175,000 $175,000 $2,678 3.25%
Palatka, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,372 3.38%
Breckenridge, CO (FHA|USDA|VA) 1 $175,000 $175,000 $4,206 2.75%
Mineral Wells, TX (FHA|USDA|VA) 1 $165,000 $165,000 $8,302 3.88%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,539 3.13%
Laurinburg, NC (FHA|USDA|VA) 1 $165,000 $165,000 $7,072 3.25%
ALBANY, GA (FHA|USDA|VA) 1 $155,000 $155,000 $2,548 2.75%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,702 2.88%
Rockingham, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,307 3.50%
Lamesa, TX (FHA|USDA|VA) 2 $140,000 $70,000 $8,916 1.81%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,391 3.13%
Ozark, AL (FHA|USDA|VA) 1 $135,000 $135,000 $6,361 3.25%
Gaffney, SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,157 3.00%
OCALA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,404 2.75%
Stillwater, OK (FHA|USDA|VA) 1 $135,000 $135,000 $3,010 2.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,428 2.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $125,000 $125,000 $2,260 3.13%
GAINESVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $1,982 2.75%
McAlester, OK (FHA|USDA|VA) 1 $125,000 $125,000 $4,805 2.13%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $115,000 $115,000 $7,353 3.38%
Elizabeth City, NC (FHA|USDA|VA) 1 $115,000 $115,000 $5,934 3.25%
Toccoa, GA (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.38%
Mount Airy, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,936 2.38%
DOTHAN, AL (FHA|USDA|VA) 1 $55,000 $55,000 $1,757 2.75%

Certainty Home Loans 's top markets include Atlanta, Charlotte, Houston, Dallas, and Huntsville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,346 $1,054,510,000 $242,639 $4,392 2.96%
VA 1,266 $370,230,000 $292,441 $6,832 2.81%
FHA 1,194 $252,690,000 $211,633 $8,029 3.21%
USDA 231 $42,575,000 $184,307 $6,007 3.05%

For the 2021 period, Certainty Home Loans 's most frequently originated loan type of loans were Conventional, with 4,346 originations. Their 2nd most popular type is VA, with 1,266 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 5,267 $1,299,895,000 $246,800 $6,080 2.98%
Refi 1,104 $262,810,000 $238,053 $3,836 2.84%
Cash Out Refi 666 $157,300,000 $236,186 $4,667 3.14%

For the 2021, Certainty Home Loans 's most frequently cited loan purpose of loans were Home Purchase, with 5,267 originations. The 2nd most popular reason of loans were Refi, with 1,104 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 6,237 $1,590,365,000 $254,989 $5,755 3.10%
15 Year 625 $108,055,000 $172,888 $3,756 2.08%
20 Year 49 $9,885,000 $201,735 $3,840 2.87%
10 Year 48 $1,790,000 $37,292 $2,915 2.31%
3 Year 43 $335,000 $7,791 $0 0.00%
Other 34 $9,560,000 $281,176 $4,756 2.50%
5 Year 1 $15,000 $15,000 $0 0.00%

For the 2021, Certainty Home Loans 's most frequently cited loan length of loans were 30 Year, with 6,237 originations. The 2nd most popular length of loans were 15 Year, with 625 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,588 $626,090,000 $241,920
$<1k 2,186 $543,920,000 $248,820
$2k-3k 1,013 $202,745,000 $200,143
$3k-4k 758 $212,300,000 $280,079
$5k+ 212 $88,010,000 $415,142

$5,755 of loans were Certainty Home Loans 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,588 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 3,016 $727,420,000 $241,187
2.5-3% 2,852 $751,830,000 $263,615
<2.5% 982 $206,450,000 $210,234
4-5% 187 $34,305,000 $183,449

During 2021, Certainty Home Loans 's average interest rate of loans were 3.10%, while their most frequently originated rate bucket of loans were 3-4%, with 3,016 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 3,473 $963,875,000 $277,534 $5,944 3.02%
$100k-200k 2,327 $363,405,000 $156,169 $4,734 3.14%
$400k-600k 675 $319,555,000 $473,415 $6,673 2.99%
$100,000 or less 502 $23,400,000 $46,614 $3,660 1.90%
$600k-1MM 48 $34,490,000 $718,542 $11,088 2.85%
$1MM+ 12 $15,280,000 $1,273,333 $9,704 3.06%

2021 saw Certainty Home Loans place emphasis on $200k-400k loans with 3,473 originations, totaling $963,875,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,935 $406,685,000 $210,173 $5,686 2.95%
$50k or less 1,398 $213,910,000 $153,011 $5,451 2.90%
$100k-150k 1,308 $388,990,000 $297,393 $5,636 3.03%
$75k-100k 1,298 $324,650,000 $250,116 $5,754 2.99%
$150k-250k 742 $258,950,000 $348,989 $5,539 3.08%
$250k+ 247 $100,875,000 $408,401 $5,708 3.13%

Certainty Home Loans lent most frequently to those with incomes in the $50k-75k range, with 1,935 originations. The second most popular income band? $50k or less, with 1,398 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,427 $339,745,000 $238,083 $4,898 2.92%
30-36% 1,238 $301,630,000 $243,643 $5,373 3.01%
<20% 549 $119,075,000 $216,894 $4,274 2.59%
50-60% 502 $129,070,000 $257,112 $8,036 2.98%
44% 269 $67,615,000 $251,357 $5,658 3.14%
43% 268 $66,710,000 $248,918 $5,843 3.08%
39% 266 $67,900,000 $255,263 $5,510 3.05%
42% 260 $63,060,000 $242,538 $6,313 3.08%
40% 259 $63,065,000 $243,494 $5,934 3.09%
38% 249 $63,435,000 $254,759 $5,666 3.07%
41% 248 $62,670,000 $252,702 $5,795 3.12%
37% 245 $56,435,000 $230,347 $5,274 3.07%
36% 242 $58,320,000 $240,992 $5,549 3.10%
46% 186 $48,690,000 $261,774 $6,002 3.14%
45% 184 $47,280,000 $256,957 $5,987 3.02%
49% 178 $45,570,000 $256,011 $6,005 3.08%
48% 166 $42,470,000 $255,843 $6,335 3.05%
47% 153 $40,115,000 $262,190 $6,150 2.99%
>60% 34 $11,100,000 $326,471 $8,521 2.82%

Certainty Home Loans lent most frequently to those with DTI ratios of 20-30%, with 1,427 originations. The next most common DTI ratio? 30-36%, with 1,238 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,810 $1,189,110,000 $247,216 $5,403 2.99%
Not provided 1,162 $279,800,000 $240,792 $6,049 2.96%
Black 824 $187,480,000 $227,524 $5,916 2.88%
Asian 142 $37,960,000 $267,324 $6,147 3.00%
American Indian 40 $9,470,000 $236,750 $5,507 3.21%
Asian Indian 16 $5,150,000 $321,875 $4,726 3.08%
Native Hawaiian 14 $2,990,000 $213,571 $7,767 2.86%
Other Asian 6 $1,960,000 $326,667 $5,727 3.25%
Chinese 6 $1,640,000 $273,333 $4,550 2.65%
Filipino 5 $1,555,000 $311,000 $5,503 2.80%
Vietnamese 5 $1,475,000 $295,000 $5,784 3.20%
Other Pacific Islander 3 $615,000 $205,000 $6,938 3.29%
Japanese 2 $390,000 $195,000 $5,742 3.13%
Native Hawiian 1 $225,000 $225,000 $5,129 2.75%
Samoan 1 $185,000 $185,000 $6,053 3.25%

Approval Rates

Total approvals of all applications
91.18%

Certainty Home Loans has an average approval rate.

Pick Rate

Approvals leading to origination
75.91%

Certainty Home Loans has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 7,037 $1,720,005,000 $244,423

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
7,037 $1,720,005,000 $244,423

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 119 $18,475,000 $155,252 $3,232 2.82%
40-60% 502 $102,120,000 $203,426 $3,659 2.88%
60-80% 1,782 $456,170,000 $255,988 $4,422 3.12%
80-100% 4,076 $1,044,860,000 $256,344 $5,879 3.09%
Over 100% 317 $96,055,000 $303,013 $11,356 2.84%
Under 20% 241 $2,325,000 $9,647 $3,491 0.45%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CARDINAL FINANCIAL COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 28 24.6%
CARDINAL FINANCIAL COMPANY Conventional home mortgage Closing on a mortgage 14 12.3%
CARDINAL FINANCIAL COMPANY Conventional home mortgage Improper use of your report 1 0.9%
CARDINAL FINANCIAL COMPANY Conventional home mortgage Struggling to pay mortgage 1 0.9%
CARDINAL FINANCIAL COMPANY Conventional home mortgage Trouble during payment process 31 27.2%
CARDINAL FINANCIAL COMPANY FHA mortgage Applying for a mortgage or refinancing an existing mortgage 5 4.4%
CARDINAL FINANCIAL COMPANY FHA mortgage Closing on a mortgage 4 3.5%
CARDINAL FINANCIAL COMPANY FHA mortgage Struggling to pay mortgage 3 2.6%
CARDINAL FINANCIAL COMPANY FHA mortgage Trouble during payment process 6 5.3%
CARDINAL FINANCIAL COMPANY Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 0.9%
CARDINAL FINANCIAL COMPANY Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 3 2.6%
CARDINAL FINANCIAL COMPANY Other type of mortgage Struggling to pay mortgage 1 0.9%
CARDINAL FINANCIAL COMPANY Other type of mortgage Trouble during payment process 2 1.8%
CARDINAL FINANCIAL COMPANY VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.9%
CARDINAL FINANCIAL COMPANY VA mortgage Closing on a mortgage 1 0.9%
CARDINAL FINANCIAL COMPANY VA mortgage Struggling to pay mortgage 4 3.5%
CARDINAL FINANCIAL COMPANY VA mortgage Trouble during payment process 8 7.0%