Ony Glo Mortgage Rates, Fees & Info

SANTA ANA, CA

LEI: 549300R4F5COFJE0DN81

Tax ID: 27-0267182

3.6 stars - Updated: 4/18/24 - out of 5 stars, based on 26 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Ony Glo is a smaller mortgage company specializing in Home Purchase loans. Ony Glo has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, San Diego, and Las Vegas among others. We have data for 88 markets. (Some data included below & more in-depth data is available with an active subscription.)

Ony Glo has a below average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Ony Glo 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 relatively high 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 6.28% 4/18/24
30 Year Conventional Refi 6.31% 4/18/24
30 Year Cash-out Refi 6.03% 4/18/24
30 Year FHA Purchase 7.37% 4/18/24
30 Year FHA Refi 6.92% 4/18/24
30 Year VA Purchase 6.12% 4/18/24
30 Year VA Refi 6.02% 4/18/24
15 Year Conventional Purchase 5.48% 4/18/24
15 Year Conventional Refi 5.65% 4/18/24
15 Year Cash-out Refi 5.65% 4/18/24
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.

Ony Glo Mortgage Calculator






Your Estimates

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

This is not an official calculator from Ony Glo. 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

671

Origination Dollar Volume (All Markets)

$359,025,000

Awards

ONY GLO 30 Year Conventional Loans bronze ONY GLO 30 Year Conventional Loans bronze
Show all (2) awards

Relative Rate

Ony Glo's average 30 year fixed mortgage rate was 6.75%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.27%.

Relative Fees (Closing Costs)

Ony Glo's average total fees/closing costs for a 30 year fixed rate mortgage were $9,666.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 217 $135,265,000 $623,341 $10,443 6.55%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 106 $47,070,000 $444,057 $10,790 6.99%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 21 $18,715,000 $891,190 $7,479 6.56%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 27 $15,635,000 $579,074 $10,602 6.83%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 32 $12,070,000 $377,188 $6,981 7.07%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 14 $11,590,000 $827,857 $5,639 6.71%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 22 $10,660,000 $484,545 $9,739 6.99%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 21 $9,675,000 $460,714 $7,344 5.40%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $6,360,000 $530,000 $6,654 6.60%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $6,275,000 $697,222 $15,799 6.39%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $5,375,000 $597,222 $11,241 6.53%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $4,545,000 $649,286 $6,702 6.71%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $4,415,000 $630,714 $7,921 7.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 10 $4,230,000 $423,000 $9,720 7.05%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 7 $3,745,000 $535,000 $9,215 6.89%
TUCSON, AZ (FHA|USDA|VA) 11 $3,385,000 $307,727 $7,123 6.60%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $3,140,000 $523,333 $7,315 7.81%
SALEM, OR (FHA|USDA|VA) 4 $3,020,000 $755,000 $11,695 7.78%
STOCKTON, CA (FHA|USDA|VA) 6 $2,960,000 $493,333 $8,878 6.90%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $2,830,000 $353,750 $9,254 8.12%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $2,725,000 $545,000 $8,850 7.05%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $2,595,000 $519,000 $6,232 6.82%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $2,115,000 $705,000 $7,148 5.25%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,520,000 $760,000 $9,326 5.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,520,000 $380,000 $5,423 7.91%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $1,420,000 $710,000 $23,349 8.88%
Kapaa, HI (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $14,545 8.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,285,000 $428,333 $8,792 6.33%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $1,185,000 $395,000 $6,947 7.17%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,180,000 $295,000 $7,407 8.12%
FRESNO, CA (FHA|USDA|VA) 3 $1,135,000 $378,333 $12,003 4.58%
PROVO-OREM, UT (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,109 6.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $5,333 6.63%
Outside of Metro Areas 3 $1,105,000 $368,333 $7,647 7.00%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $1,105,000 $368,333 $6,477 6.54%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $975,000 $975,000 $3,549 6.75%
ASHEVILLE, NC (FHA|USDA|VA) 1 $895,000 $895,000 $4,910 5.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $805,000 $268,333 $3,387 6.29%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $780,000 $390,000 $6,188 7.56%
SALINAS, CA (FHA|USDA|VA) 1 $745,000 $745,000 $5,546 5.88%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $745,000 $248,333 $9,852 8.83%
Newport, OR (FHA|USDA|VA) 1 $725,000 $725,000 $7,967 7.63%
BELLINGHAM, WA (FHA|USDA|VA) 1 $725,000 $725,000 $14,935 7.50%
VISALIA, CA (FHA|USDA|VA) 3 $685,000 $228,333 $9,152 4.50%
CHICO, CA (FHA|USDA|VA) 2 $670,000 $335,000 $8,051 6.62%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $645,000 $645,000 $6,518 6.13%
MODESTO, CA (FHA|USDA|VA) 3 $645,000 $215,000 $13,731 8.63%
GREELEY, CO (FHA|USDA|VA) 1 $635,000 $635,000 $13,746 9.13%
BEND, OR (FHA|USDA|VA) 1 $635,000 $635,000 $6,730 7.99%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $615,000 $615,000 $11,906 7.13%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $615,000 $615,000 $5,153 6.38%
MEDFORD, OR (FHA|USDA|VA) 2 $610,000 $305,000 $7,117 6.62%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $605,000 $605,000 $3,875 6.49%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $605,000 $605,000 $16,902 4.63%
FORT COLLINS, CO (FHA|USDA|VA) 1 $595,000 $595,000 $0 6.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $585,000 $585,000 $5,452 6.13%
Traverse City, MI (FHA|USDA|VA) 1 $555,000 $555,000 $19,645 7.63%
Breckenridge, CO (FHA|USDA|VA) 1 $555,000 $555,000 $9,600 7.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $550,000 $137,500 $6,324 8.63%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $520,000 $260,000 $0 8.75%
TULSA, OK (FHA|USDA|VA) 1 $515,000 $515,000 $4,639 7.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $505,000 $505,000 $4,439 6.38%
GAINESVILLE, GA (FHA|USDA|VA) 1 $495,000 $495,000 $33,005 5.13%
LOGAN, UT-ID (FHA|USDA|VA) 1 $485,000 $485,000 $4,537 5.63%
Oak Harbor, WA (FHA|USDA|VA) 1 $485,000 $485,000 $3,759 6.62%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $455,000 $455,000 $5,449 6.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $455,000 $455,000 $5,167 7.50%
RENO, NV (FHA|USDA|VA) 1 $365,000 $365,000 $12,667 7.00%
MERCED, CA (FHA|USDA|VA) 2 $360,000 $180,000 $5,222 7.88%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $355,000 $355,000 $0 7.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $355,000 $355,000 $9,173 6.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $345,000 $345,000 $4,832 6.63%
GRANTS PASS, OR (FHA|USDA|VA) 1 $315,000 $315,000 $8,525 7.13%
Centralia, WA (FHA|USDA|VA) 1 $305,000 $305,000 $4,803 6.38%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $295,000 $295,000 $7,262 6.99%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $295,000 $295,000 $15,367 6.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $285,000 $285,000 $2,860 6.50%
HINESVILLE, GA (FHA|USDA|VA) 2 $280,000 $140,000 $7,767 8.63%
SAN ANGELO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $8,602 5.75%
Oxford, MS (FHA|USDA|VA) 1 $225,000 $225,000 $9,295 6.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $225,000 $225,000 $4,161 7.62%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $225,000 $225,000 $0 8.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $215,000 $215,000 $3,311 7.38%
RICHMOND, VA (FHA|USDA|VA) 1 $205,000 $205,000 $3,451 6.99%
MIDLAND, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,522 6.99%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 9.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,275 5.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.88%
Ony Glo's top markets include Los Angeles, Riverside, San Francisco, San Diego, and Las Vegas among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against ONY GLO based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    South Metro Federal Credit Union
    Similarity Rank: 55
    Los Angeles Federal Credit Union
    Similarity Rank: 72
    MISSION
    Similarity Rank: 93
    VENTURA COUNTY
    Similarity Rank: 96
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 126
    N C P D Federal Credit Union
    Similarity Rank: 126
    First Farmers and Merchants Bank
    Similarity Rank: 130
    Columbia Bank
    Similarity Rank: 156

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 595 $323,485,000 $543,672 $8,432 6.78%
    FHA 53 $24,305,000 $458,585 $18,148 6.64%
    VA 19 $10,385,000 $546,579 $14,123 6.30%
    HELOC 4 $850,000 $212,500 n/a 10.63%

    For 2023, Ony Glo's most frequently originated type of loan was Conventional, with 595 originations. Their 2nd most popular type was FHA, with 53 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 583 $322,805,000 $553,696 $9,560 6.68%
    Refi 87 $36,015,000 $413,966 $8,496 7.40%
    Cash Out Refi 1 $205,000 $205,000 $0 13.00%

    For 2023, Ony Glo's most frequently cited loan purpose was Home Purchase, with 583 originations. The 2nd most popular reason was Refi, with 87 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 646 $353,170,000 $546,703 $9,666 6.75%
    15 Year 14 $4,830,000 $345,000 $5,762 6.02%
    10 Year 8 $90,000 $11,250 $0 9.53%
    20 Year 3 $935,000 $311,667 $3,816 8.33%

    For 2023, Ony Glo's most frequently cited loan duration was 30 Year, with 646 originations. The 2nd most popular length was 15 Year, with 14 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 229 $138,655,000 $605,480
    $2k-3k 157 $86,545,000 $551,242
    $1k-2k 155 $92,405,000 $596,161
    $4k-5k 35 $12,885,000 $368,143
    $<1k 32 $4,660,000 $145,625
    $3k-4k 30 $12,400,000 $413,333

    Ony Glo's average total fees were $9,666, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 229 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 310 $163,950,000 $528,871
    7-8% 152 $84,440,000 $555,526
    5-6% 121 $72,555,000 $599,628
    Over 8% 70 $34,350,000 $490,714
    <2.5% 13 $1,045,000 $80,385
    4-5% 5 $2,685,000 $537,000

    During 2023, Ony Glo's average interest rate for loans was 6.75%, while their most frequently originated rate bucket for loans was 6-7%, with 310 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 205 $102,215,000 $498,610 $9,765 6.74%
    $600k-1MM 184 $133,230,000 $724,076 $11,017 6.68%
    $200k-400k 176 $53,780,000 $305,568 $7,761 6.97%
    $1MM+ 47 $63,625,000 $1,353,723 $14,930 7.15%
    $100k-200k 39 $5,665,000 $145,256 $3,981 6.51%
    $100,000 or less 20 $510,000 $25,500 $521 6.03%

    2023 saw Ony Glo place emphasis on $400k-600k loans with 205 originations, totaling $102,215,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 215 $120,885,000 $562,256 $9,434 6.62%
    $100k-150k 182 $76,230,000 $418,846 $9,126 6.55%
    $250k+ 152 $127,500,000 $838,816 $11,100 7.13%
    $75k-100k 66 $20,840,000 $315,758 $8,666 6.51%
    $50k-75k 29 $7,075,000 $243,966 $6,231 7.10%
    $50k or less 27 $6,495,000 $240,556 $5,030 7.95%

    Ony Glo lent most frequently to those with incomes in the $150k-250k range, with 215 originations. The second most popular income band? $100k-150k, with 182 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 98 $49,370,000 $503,776 $9,086 6.84%
    49% 60 $28,190,000 $469,833 $9,180 6.68%
    48% 49 $25,335,000 $517,041 $8,679 6.87%
    20-30% 48 $27,740,000 $577,917 $8,223 6.93%
    40% 36 $23,260,000 $646,111 $11,412 6.72%
    47% 34 $13,790,000 $405,588 $8,145 6.83%
    44% 34 $17,830,000 $524,412 $9,476 6.48%
    <20% 34 $18,260,000 $537,059 $9,670 6.90%
    42% 33 $20,065,000 $608,030 $8,894 6.65%
    50-60% 33 $16,615,000 $503,485 $15,954 6.46%
    43% 30 $19,000,000 $633,333 $8,909 6.52%
    45% 29 $17,205,000 $593,276 $8,756 6.94%
    39% 26 $15,960,000 $613,846 $9,530 6.70%
    41% 25 $15,855,000 $634,200 $8,832 6.94%
    37% 23 $12,775,000 $555,435 $9,733 6.97%
    46% 22 $10,570,000 $480,455 $9,089 6.40%
    38% 20 $10,380,000 $519,000 $6,934 5.72%
    36% 16 $10,490,000 $655,625 $9,295 6.67%
    >60% 3 $1,295,000 $431,667 $13,185 7.25%

    Ony Glo lent most frequently to those with DTI ratios of 30-36%, with 98 originations. The next most common DTI ratio? 49%, with 60 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 239 $131,635,000 $550,774 $8,484 6.71%
    White 208 $112,300,000 $539,904 $10,519 6.69%
    Not provided 180 $93,720,000 $520,667 $9,733 6.93%
    Black 27 $10,665,000 $395,000 $8,151 7.18%
    Asian Indian 10 $6,380,000 $638,000 $7,571 6.50%
    American Indian 4 $2,030,000 $507,500 $11,830 6.81%
    Other Asian 2 $1,700,000 $850,000 $5,582 6.38%
    Filipino 1 $595,000 $595,000 $5,332 6.00%

    Approval Rates

    Total approvals of all applications
    56.82%

    Ony Glo has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    90.46%

    Ony Glo has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 671 $359,025,000 $535,060

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    671 $359,025,000 $535,060

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 46 $18,470,000 $401,522 $7,528 6.34%
    40-60% 86 $40,630,000 $472,442 $7,590 6.72%
    60-80% 280 $164,000,000 $585,714 $9,643 6.97%
    80-100% 221 $128,715,000 $582,421 $10,817 6.75%
    Over 100% 6 $4,330,000 $721,667 $27,662 6.65%
    Under 20% 32 $2,880,000 $90,000 $1,197 6.11%