Champions Mortgage Rates, Fees & Info
St Petersburg, FLLEI: 549300R1405JUM8QXD66
Tax ID: 37-1752168
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Champions Mortgage is a smaller mortgage company specializing in Home Purchase loans. Champions Mortgage 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: Palm Bay, Tampa, Miami, Jacksonville, and Orlando among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Champions Mortgage 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. Champions Mortgage 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 | 7.22% | 11/21/24 |
| 30 Year Conventional Refi | 6.97% | 11/21/24 |
| 30 Year Cash-out Refi | 7.45% | 11/21/24 |
| 30 Year FHA Purchase | 7.64% | 11/21/24 |
| 30 Year VA Purchase | 6.23% | 11/21/24 |
| 15 Year Conventional Refi | 6.01% | 11/21/24 |
| 15 Year Cash-out Refi | 6.01% | 11/21/24 |
| 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. | ||
Champions Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Champions Mortgage. 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
215Origination Dollar Volume (All Markets)
$44,905,000Awards
CHAMPIONS MORTGAGE - 2019
CHAMPIONS MORTGAGE is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for CHAMPIONS MORTGAGE?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 69 | $16,125,000 | $233,696 | $5,603 | 4.35% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 53 | $10,765,000 | $203,113 | $5,724 | 4.36% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 34 | $5,970,000 | $175,588 | $5,922 | 4.39% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 20 | $3,760,000 | $188,000 | $5,445 | 4.31% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $2,420,000 | $242,000 | $5,708 | 4.24% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 8 | $1,970,000 | $246,250 | $4,202 | 3.96% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $5,492 | 4.31% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $6,455 | 4.29% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $3,429 | 4.71% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,097 | 3.56% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,285 | 5.15% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,015 | 4.50% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,080 | 3.63% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,499 | 3.95% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,089 | 4.25% |
| Outside of Metro Areas | 1 | $125,000 | $125,000 | $3,980 | 5.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,445 | 3.89% |
Similar Lenders
We use machine learning to identify the top lenders compared against CHAMPIONS MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 64
Similarity Rank: 188
Similarity Rank: 216
Similarity Rank: 480
Similarity Rank: 572
Similarity Rank: 650
Similarity Rank: 720
Similarity Rank: 755
Similarity Rank: 815
Similarity Rank: 927
Product Mix
For 2019, Champions Mortgage's most frequently originated type of loan was Conventional, with 129 originations. Their 2nd most popular type was FHA, with 53 originations.
Loan Reason
For 2019, Champions Mortgage's most frequently cited loan purpose was Home Purchase, with 179 originations. The 2nd most popular reason was Cash Out Refi, with 23 originations.
Loan Duration/Length
For 2019, Champions Mortgage's most frequently cited loan duration was 30 Year, with 210 originations. The 2nd most popular length was 15 Year, with 3 originations.
Origination Fees/Closing Costs
Champions Mortgage's average total fees were $5,589, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 91 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 114 | $24,040,000 | $210,877 |
| 3-4% | 75 | $15,725,000 | $209,667 |
| 5-6% | 24 | $4,810,000 | $200,417 |
| Over 8% | 1 | $105,000 | $105,000 |
| % | 1 | $225,000 | $225,000 |
During 2019, Champions Mortgage's average interest rate for loans was 4.34%, while their most frequently originated rate bucket for loans was 4-5%, with 114 originations.
Loan Sizing
2019 saw Champions Mortgage place emphasis on $100k-200k loans with 97 originations, totaling $15,025,000 in origination value.
Applicant Income
Champions Mortgage lent most frequently to those with incomes in the $50k-75k range, with 69 originations. The second most popular income band? $50k or less, with 58 originations.
Applicant Debt to Income Ratio
Champions Mortgage lent most frequently to those with DTI ratios of 30-36%, with 36 originations. The next most common DTI ratio? 20-30%, with 30 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.28%
Champions Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination83.26%
Champions Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 215 | $44,905,000 | $208,860 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 215 | $44,905,000 | $208,860 |