Certainty Home Loans Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300QVQQMJ9IWR0G78

Tax ID: 75-2857425

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

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Mortgage Data

Review & Overview

Certainty Home Loans is a small mortgage company specializing in Home Purchase and Refi 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 by origination volume include: Atlanta, Houston, Dallas, Charlotte, and Crestview among others. We have data for 172 markets. (Some data included below & more in-depth data is available with an active subscription.)

Certainty Home Loans 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. Certainty Home Loans 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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.45% 3/27/24
30 Year Conventional Refi 6.57% 3/27/24
30 Year Cash-out Refi 6.89% 3/27/24
30 Year FHA Purchase 7.58% 3/27/24
30 Year FHA Refi 7.36% 3/27/24
30 Year VA Purchase 6.23% 3/27/24
30 Year VA Refi 6.15% 3/27/24
30 Year USDA Purchase 6.72% 3/27/24
15 Year Conventional Purchase 4.07% 3/27/24
15 Year Conventional Refi 6.15% 3/27/24
15 Year Cash-out Refi 6.15% 3/27/24
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.

Certainty Home Loans Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Certainty Home Loans. 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

7,518

Origination Dollar Volume (All Markets)

$1,766,150,000
Show all (30) 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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,171 $321,395,000 $274,462 $5,081 3.11%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 580 $151,300,000 $260,862 $6,044 3.25%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 485 $132,345,000 $272,876 $5,671 3.20%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 400 $101,970,000 $254,925 $4,220 3.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 283 $87,925,000 $310,689 $5,844 2.95%
HUNTSVILLE, AL (FHA|USDA|VA) 403 $85,575,000 $212,345 $5,964 3.00%
SAVANNAH, GA (FHA|USDA|VA) 286 $70,400,000 $246,154 $4,976 3.02%
OKLAHOMA CITY, OK (FHA|USDA|VA) 338 $68,720,000 $203,314 $4,267 3.20%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 380 $62,310,000 $163,974 $5,031 3.22%
FAYETTEVILLE, NC (FHA|USDA|VA) 309 $53,005,000 $171,537 $4,960 2.94%
WINSTON-SALEM, NC (FHA|USDA|VA) 230 $48,590,000 $211,261 $5,106 3.02%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 157 $46,355,000 $295,255 $5,647 3.13%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 210 $45,670,000 $217,476 $5,135 3.08%
EL PASO, TX (FHA|USDA|VA) 239 $40,705,000 $170,314 $6,864 2.87%
Albertville, AL (FHA|USDA|VA) 177 $37,355,000 $211,045 $5,677 3.03%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 153 $34,475,000 $225,327 $6,093 2.96%
MONTGOMERY, AL (FHA|USDA|VA) 185 $33,045,000 $178,622 $5,189 3.01%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 121 $32,605,000 $269,463 $5,035 3.06%
SHERMAN-DENISON, TX (FHA|USDA|VA) 135 $28,575,000 $211,667 $5,220 3.07%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 74 $22,360,000 $302,162 $3,193 3.11%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 69 $17,195,000 $249,203 $5,020 2.96%
RALEIGH-CARY, NC (FHA|USDA|VA) 63 $16,195,000 $257,063 $4,356 3.13%
Outside of Metro Areas 83 $16,075,000 $193,675 $4,947 3.18%
COLUMBUS, GA-AL (FHA|USDA|VA) 55 $15,545,000 $282,636 $5,666 2.95%
Scottsboro, AL (FHA|USDA|VA) 83 $14,495,000 $174,639 $5,431 3.05%
COLUMBIA, SC (FHA|USDA|VA) 69 $13,235,000 $191,812 $4,692 3.02%
TYLER, TX (FHA|USDA|VA) 50 $11,040,000 $220,800 $4,457 3.36%
HINESVILLE, GA (FHA|USDA|VA) 47 $10,365,000 $220,532 $5,228 2.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 42 $8,940,000 $212,857 $5,543 3.04%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 29 $7,645,000 $263,621 $5,517 3.28%
Paris, TX (FHA|USDA|VA) 52 $7,640,000 $146,923 $5,454 3.07%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 19 $5,575,000 $293,421 $6,451 2.82%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 23 $5,535,000 $240,652 $4,571 3.22%
GAINESVILLE, GA (FHA|USDA|VA) 17 $4,645,000 $273,235 $5,804 3.12%
WARNER ROBINS, GA (FHA|USDA|VA) 16 $4,390,000 $274,375 $5,591 3.07%
Calhoun, GA (FHA|USDA|VA) 25 $4,365,000 $174,600 $4,877 3.44%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 18 $3,930,000 $218,333 $6,384 2.90%
DECATUR, AL (FHA|USDA|VA) 19 $3,815,000 $200,789 $6,392 3.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $3,630,000 $226,875 $4,131 3.19%
Fort Payne, AL (FHA|USDA|VA) 22 $3,570,000 $162,273 $5,011 3.12%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 16 $3,330,000 $208,125 $4,730 3.02%
LAS CRUCES, NM (FHA|USDA|VA) 15 $3,265,000 $217,667 $6,959 3.21%
ROME, GA (FHA|USDA|VA) 17 $3,115,000 $183,235 $4,441 3.26%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 10 $2,740,000 $274,000 $4,150 2.86%
Granbury, TX (FHA|USDA|VA) 12 $2,740,000 $228,333 $5,712 3.22%
Rockport, TX (FHA|USDA|VA) 14 $2,620,000 $187,143 $4,329 3.16%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $2,300,000 $383,333 $7,848 3.04%
SAN ANGELO, TX (FHA|USDA|VA) 8 $2,220,000 $277,500 $5,504 3.20%
GADSDEN, AL (FHA|USDA|VA) 10 $2,070,000 $207,000 $5,731 3.05%
Statesboro, GA (FHA|USDA|VA) 9 $1,945,000 $216,111 $4,468 3.33%
BURLINGTON, NC (FHA|USDA|VA) 12 $1,810,000 $150,833 $4,778 3.10%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,775,000 $253,571 $5,653 3.36%
SPARTANBURG, SC (FHA|USDA|VA) 7 $1,655,000 $236,429 $4,290 3.03%
Bonham, TX (FHA|USDA|VA) 6 $1,640,000 $273,333 $4,106 3.31%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 6 $1,610,000 $268,333 $6,846 2.79%
Sanford, NC (FHA|USDA|VA) 9 $1,565,000 $173,889 $5,414 2.58%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,505,000 $501,667 $4,133 2.71%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,325,000 $265,000 $6,978 2.90%
Gainesville, TX (FHA|USDA|VA) 7 $1,305,000 $186,429 $6,030 2.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,245,000 $249,000 $6,173 3.10%
BOULDER, CO (FHA|USDA|VA) 2 $1,200,000 $600,000 $3,300 3.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,125,000 $225,000 $5,351 3.02%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,125,000 $225,000 $4,306 3.30%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $1,065,000 $213,000 $5,091 3.35%
DALTON, GA (FHA|USDA|VA) 6 $1,040,000 $173,333 $6,988 3.54%
Boone, NC (FHA|USDA|VA) 4 $1,040,000 $260,000 $3,822 3.03%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $1,020,000 $255,000 $7,140 3.06%
Cullman, AL (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,199 3.05%
Greenwood, SC (FHA|USDA|VA) 1 $925,000 $925,000 $3,371 2.75%
WILMINGTON, NC (FHA|USDA|VA) 4 $870,000 $217,500 $3,492 3.00%
Jefferson, GA (FHA|USDA|VA) 4 $870,000 $217,500 $7,564 3.47%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $840,000 $210,000 $4,652 3.09%
North Wilkesboro, NC (FHA|USDA|VA) 5 $835,000 $167,000 $6,433 2.73%
Pearsall, TX (FHA|USDA|VA) 4 $830,000 $207,500 $6,089 3.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $740,000 $185,000 $4,894 2.56%
BRUNSWICK, GA (FHA|USDA|VA) 2 $650,000 $325,000 $6,359 2.81%
Stephenville, TX (FHA|USDA|VA) 4 $640,000 $160,000 $3,878 3.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $630,000 $315,000 $2,995 2.75%
Montrose, CO (FHA|USDA|VA) 2 $600,000 $300,000 $2,580 3.12%
Lumberton, NC (FHA|USDA|VA) 3 $575,000 $191,667 $6,790 3.54%
Athens, TX (FHA|USDA|VA) 3 $555,000 $185,000 $5,502 3.46%
Port Lavaca, TX (FHA|USDA|VA) 2 $550,000 $275,000 $5,556 3.00%
Duncan, OK (FHA|USDA|VA) 2 $540,000 $270,000 $3,257 3.00%
Cedartown, GA (FHA|USDA|VA) 3 $535,000 $178,333 $6,766 3.79%
VALDOSTA, GA (FHA|USDA|VA) 3 $535,000 $178,333 $6,729 3.13%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $530,000 $265,000 $8,849 2.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $530,000 $265,000 $6,579 2.81%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $520,000 $260,000 $7,582 2.69%
DOTHAN, AL (FHA|USDA|VA) 1 $515,000 $515,000 $7,474 3.50%
Alexander City, AL (FHA|USDA|VA) 2 $510,000 $255,000 $4,414 3.31%
NEW BERN, NC (FHA|USDA|VA) 1 $475,000 $475,000 $5,176 2.63%
GREENVILLE, NC (FHA|USDA|VA) 2 $460,000 $230,000 $4,945 3.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $435,000 $435,000 $3,887 2.75%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $430,000 $107,500 $5,060 2.31%
ODESSA, TX (FHA|USDA|VA) 2 $410,000 $205,000 $5,797 3.06%
Morehead City, NC (FHA|USDA|VA) 1 $405,000 $405,000 $3,027 2.63%
Laurinburg, NC (FHA|USDA|VA) 2 $390,000 $195,000 $4,961 3.56%
LONGVIEW, TX (FHA|USDA|VA) 3 $385,000 $128,333 $3,985 2.88%
Troy, AL (FHA|USDA|VA) 4 $380,000 $95,000 $4,965 3.53%
Mount Pleasant, TX (FHA|USDA|VA) 1 $375,000 $375,000 $9,753 3.13%
Jacksonville, TX (FHA|USDA|VA) 2 $370,000 $185,000 $6,514 3.44%
Shelby, NC (FHA|USDA|VA) 3 $365,000 $121,667 $5,077 3.79%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $365,000 $365,000 $3,430 3.25%
ROANOKE, VA (FHA|USDA|VA) 2 $340,000 $170,000 $2,651 3.69%
Shawnee, OK (FHA|USDA|VA) 2 $330,000 $165,000 $3,743 3.38%
PANAMA CITY, FL (FHA|USDA|VA) 1 $325,000 $325,000 $3,061 3.50%
Orangeburg, SC (FHA|USDA|VA) 2 $320,000 $160,000 $4,609 3.38%
Dublin, GA (FHA|USDA|VA) 2 $320,000 $160,000 $5,812 3.50%
Toccoa, GA (FHA|USDA|VA) 1 $315,000 $315,000 $2,706 3.13%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $315,000 $315,000 $2,455 3.25%
Mineral Wells, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,518 3.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $305,000 $305,000 $5,906 2.75%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,175 2.88%
Glenwood Springs, CO (FHA|USDA|VA) 1 $305,000 $305,000 $2,853 2.75%
GREELEY, CO (FHA|USDA|VA) 1 $295,000 $295,000 $2,285 2.75%
Jesup, GA (FHA|USDA|VA) 1 $285,000 $285,000 $9,900 2.75%
Georgetown, SC (FHA|USDA|VA) 1 $285,000 $285,000 $5,457 2.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $2,930 2.75%
Milledgeville, GA (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.88%
Stillwater, OK (FHA|USDA|VA) 2 $260,000 $130,000 $4,699 3.44%
LaGrange, GA-AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,060 2.75%
Vidalia, GA (FHA|USDA|VA) 2 $250,000 $125,000 $4,592 3.56%
Bay City, TX (FHA|USDA|VA) 1 $245,000 $245,000 $6,046 2.25%
Ada, OK (FHA|USDA|VA) 1 $245,000 $245,000 $2,843 2.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $2,365 3.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $235,000 $235,000 $5,542 2.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $8,243 2.75%
Plainview, TX (FHA|USDA|VA) 1 $215,000 $215,000 $8,051 2.88%
Mount Airy, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,826 3.25%
Tahlequah, OK (FHA|USDA|VA) 2 $210,000 $105,000 $3,136 2.88%
Huntsville, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,014 3.75%
WACO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,911 2.99%
PUEBLO, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,179 3.25%
ALBANY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,039 2.75%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.88%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,973 2.75%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $6,553 3.63%
Jasper, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,094 3.00%
MIDLAND, TX (FHA|USDA|VA) 1 $195,000 $195,000 $2,775 2.25%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $190,000 $95,000 $0 3.63%
BATON ROUGE, LA (FHA|USDA|VA) 1 $185,000 $185,000 $4,596 2.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,737 2.63%
ABILENE, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,491 3.13%
Wilson, NC (FHA|USDA|VA) 1 $175,000 $175,000 $5,648 3.25%
Albemarle, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,908 3.63%
Brenham, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,636 3.63%
SUMTER, SC (FHA|USDA|VA) 1 $165,000 $165,000 $6,465 2.75%
Americus, GA (FHA|USDA|VA) 1 $165,000 $165,000 $6,037 2.88%
Lufkin, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,257 3.38%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $155,000 $155,000 $5,951 3.38%
Thomaston, GA (FHA|USDA|VA) 1 $155,000 $155,000 $5,884 2.99%
Del Rio, TX (FHA|USDA|VA) 1 $155,000 $155,000 $6,748 5.13%
Washington, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,174 2.88%
Corsicana, TX (FHA|USDA|VA) 1 $155,000 $155,000 $1,867 3.00%
Summerville, GA (FHA|USDA|VA) 1 $145,000 $145,000 $5,104 2.75%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $4,676 3.38%
Sevierville, TN (FHA|USDA|VA) 1 $135,000 $135,000 $4,073 3.25%
GOLDSBORO, NC (FHA|USDA|VA) 1 $125,000 $125,000 $4,505 4.75%
Enterprise, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,722 2.50%
Kerrville, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,906 2.88%
ENID, OK (FHA|USDA|VA) 1 $105,000 $105,000 $2,903 2.63%
FORT COLLINS, CO (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.25%
McAlester, OK (FHA|USDA|VA) 1 $105,000 $105,000 $2,646 3.25%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $95,000 $95,000 $5,500 3.25%
Marion, NC (FHA|USDA|VA) 1 $95,000 $95,000 $4,427 4.00%
Muskogee, OK (FHA|USDA|VA) 1 $95,000 $95,000 $4,694 3.25%
LUBBOCK, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,576 3.75%
Sulphur Springs, TX (FHA|USDA|VA) 1 $85,000 $85,000 $2,943 3.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $85,000 $85,000 $4,051 2.88%
Tifton, GA (FHA|USDA|VA) 1 $75,000 $75,000 $4,309 3.25%
Selma, AL (FHA|USDA|VA) 1 $75,000 $75,000 $4,540 2.75%
Dumas, TX (FHA|USDA|VA) 1 $55,000 $55,000 $3,371 4.38%
Certainty Home Loans's top markets include Atlanta, Houston, Dallas, Charlotte, and Crestview among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,462 $1,064,460,000 $238,561 $4,315 3.09%
    VA 1,416 $390,420,000 $275,720 $5,700 2.91%
    FHA 1,359 $266,305,000 $195,957 $7,657 3.34%
    USDA 281 $44,965,000 $160,018 $5,620 3.17%

    For 2020, Certainty Home Loans's most frequently originated type of loan was Conventional, with 4,462 originations. Their 2nd most popular type was VA, with 1,416 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,142 $1,172,820,000 $228,086 $5,821 3.09%
    Refi 1,790 $455,000,000 $254,190 $3,947 3.05%
    Cash Out Refi 579 $137,025,000 $236,658 $4,694 3.33%
    Home Improvement 7 $1,305,000 $186,429 $4,455 3.46%

    For 2020, Certainty Home Loans's most frequently cited loan purpose was Home Purchase, with 5,142 originations. The 2nd most popular reason was Refi, with 1,790 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,632 $1,593,370,000 $240,255 $5,422 3.19%
    15 Year 675 $131,805,000 $195,267 $3,904 2.53%
    Other 76 $24,850,000 $326,974 $4,442 2.82%
    20 Year 58 $14,100,000 $243,103 $3,915 3.22%
    10 Year 33 $1,605,000 $48,636 $4,173 2.47%
    3 Year 27 $165,000 $6,111 $0 0.00%
    5 Year 17 $255,000 $15,000 $0 0.00%

    For 2020, Certainty Home Loans's most frequently cited loan duration was 30 Year, with 6,632 originations. The 2nd most popular length was 15 Year, with 675 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,793 $654,515,000 $234,341
    $<1k 1,908 $506,280,000 $265,346
    $2k-3k 1,315 $253,775,000 $192,985
    $3k-4k 723 $180,195,000 $249,232
    $4k-5k 249 $79,575,000 $319,578
    $5k+ 154 $60,620,000 $393,636

    Certainty Home Loans's average total fees were $5,422, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,793 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 3,342 $774,850,000 $231,852
    2.5-3% 3,143 $792,555,000 $252,165
    <2.5% 617 $122,515,000 $198,566
    4-5% 395 $72,115,000 $182,570
    5-6% 18 $2,890,000 $160,556
    6-7% 2 $990,000 $495,000
    Over 8% 1 $235,000 $235,000

    During 2020, Certainty Home Loans's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 3,342 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,596 $989,060,000 $275,044 $5,569 3.10%
    $100k-200k 2,757 $428,835,000 $155,544 $4,792 3.23%
    $400k-600k 572 $266,380,000 $465,699 $6,256 3.06%
    $100,000 or less 526 $28,860,000 $54,867 $3,688 2.46%
    $600k-1MM 59 $43,415,000 $735,847 $7,062 3.04%
    $1MM+ 8 $9,600,000 $1,200,000 $10,373 3.03%

    2020 saw Certainty Home Loans place emphasis on $200k-400k loans with 3,596 originations, totaling $989,060,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,024 $396,960,000 $196,126 $5,422 3.11%
    $50k or less 1,693 $271,585,000 $160,416 $4,611 3.00%
    $100k-150k 1,481 $419,345,000 $283,150 $5,629 3.16%
    $75k-100k 1,296 $310,710,000 $239,745 $5,395 3.11%
    $150k-250k 792 $268,340,000 $338,813 $5,368 3.16%
    $250k+ 232 $99,210,000 $427,629 $5,404 3.13%

    Certainty Home Loans lent most frequently to those with incomes in the $50k-75k range, with 2,024 originations. The second most popular income band? $50k or less, with 1,693 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,534 $360,570,000 $235,052 $4,837 3.07%
    30-36% 1,336 $314,040,000 $235,060 $5,172 3.14%
    <20% 583 $127,335,000 $218,413 $4,178 2.89%
    50-60% 511 $121,865,000 $238,483 $7,435 3.06%
    40% 287 $61,665,000 $214,861 $5,316 3.24%
    42% 285 $66,125,000 $232,018 $5,699 3.19%
    43% 279 $66,595,000 $238,692 $5,755 3.21%
    44% 269 $62,135,000 $230,985 $5,254 3.17%
    39% 264 $61,300,000 $232,197 $5,554 3.11%
    38% 254 $61,420,000 $241,811 $5,262 3.17%
    36% 253 $60,915,000 $240,771 $5,242 3.15%
    37% 249 $57,945,000 $232,711 $5,383 3.13%
    41% 241 $54,845,000 $227,573 $5,635 3.20%
    45% 196 $46,930,000 $239,439 $5,520 3.17%
    49% 182 $43,900,000 $241,209 $5,779 3.21%
    46% 164 $38,410,000 $234,207 $5,909 3.09%
    48% 162 $36,740,000 $226,790 $5,890 3.23%
    47% 146 $35,980,000 $246,438 $6,088 3.13%
    >60% 17 $5,105,000 $300,294 $7,463 3.02%

    Certainty Home Loans lent most frequently to those with DTI ratios of 20-30%, with 1,534 originations. The next most common DTI ratio? 30-36%, with 1,336 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,454 $1,285,850,000 $235,763 $5,167 3.11%
    Not provided 1,023 $241,565,000 $236,134 $5,419 3.06%
    Black 788 $175,000,000 $222,081 $5,936 3.08%
    Asian 157 $40,485,000 $257,866 $5,264 3.03%
    American Indian 41 $7,965,000 $194,268 $4,450 3.12%
    Asian Indian 23 $6,575,000 $285,870 $5,229 2.96%
    Other Asian 7 $3,235,000 $462,143 $5,188 3.16%
    Native Hawaiian or Islander 10 $2,110,000 $211,000 $4,049 3.11%
    Chinese 5 $1,075,000 $215,000 $4,484 2.97%
    Korean 3 $865,000 $288,333 $5,909 3.08%
    Filipino 3 $675,000 $225,000 $4,026 2.96%
    Japanese 2 $400,000 $200,000 $3,180 2.94%
    Vietnamese 1 $185,000 $185,000 $889 3.88%
    Other Pacific Islander 1 $165,000 $165,000 $6,228 3.75%

    Approval Rates

    Total approvals of all applications
    90.05%

    Certainty Home Loans has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.95%

    Certainty Home Loans has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,518 $1,766,150,000 $234,923

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 69 $9,205,000 $133,406
    Single Family (1-4 Units):Site-Built 7,449 $1,756,945,000 $235,863

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 101 $16,605,000 $164,406 $3,616 3.00%
    40-60% 499 $108,325,000 $217,084 $3,736 3.02%
    60-80% 1,967 $497,645,000 $252,997 $4,327 3.21%
    80-100% 4,530 $1,073,580,000 $236,993 $5,576 3.18%
    Over 100% 239 $68,695,000 $287,427 $10,538 2.93%
    Under 20% 182 $1,300,000 $7,143 $2,803 0.43%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CERTAINTY HOME LOANS LLC Conventional home mortgage Incorrect information on your report 1 50.0%
    CERTAINTY HOME LOANS LLC FHA mortgage Trouble during payment process 1 50.0%