Ony Glo Mortgage Rates, Fees & Info

SANTA ANA, CA

LEI: 549300R4F5COFJE0DN81

Tax ID: 27-0267182

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Ony Glo is a small mortgage company specializing in Refi and Home Purchase loans. Ony Glo has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, San Diego, and San Jose among others. We have data for 131 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ony Glo 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. Ony Glo is typically a low 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 6.28% 11/17/24
    30 Year Conventional Refi 6.31% 11/17/24
    30 Year Cash-out Refi 6.03% 11/17/24
    30 Year FHA Purchase 7.37% 11/17/24
    30 Year FHA Refi 6.92% 11/17/24
    30 Year VA Purchase 6.12% 11/17/24
    30 Year VA Refi 6.02% 11/17/24
    15 Year Conventional Purchase 5.48% 11/17/24
    15 Year Conventional Refi 5.65% 11/17/24
    15 Year Cash-out Refi 5.65% 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.

    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

    5,429

    Origination Dollar Volume (All Markets)

    $2,410,235,000
    Show all (41) 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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2,334 $1,124,340,000 $481,722 $4,463 2.80%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 721 $271,895,000 $377,108 $4,958 2.92%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 322 $166,640,000 $517,516 $3,503 2.66%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 269 $124,585,000 $463,141 $3,519 2.68%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 164 $88,660,000 $540,610 $3,125 2.65%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 144 $64,140,000 $445,417 $3,202 2.57%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 143 $55,975,000 $391,434 $3,297 2.69%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 111 $54,995,000 $495,450 $3,331 2.56%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 120 $45,290,000 $377,417 $3,160 2.72%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 109 $39,395,000 $361,422 $2,854 2.59%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 80 $29,750,000 $371,875 $4,473 2.74%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 47 $22,575,000 $480,319 $3,770 2.66%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 57 $22,555,000 $395,702 $3,142 2.76%
    STOCKTON, CA (FHA|USDA|VA) 48 $21,440,000 $446,667 $3,365 2.83%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 54 $20,830,000 $385,741 $3,555 2.70%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 58 $20,020,000 $345,172 $3,991 2.81%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 43 $16,645,000 $387,093 $3,284 2.53%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 42 $15,900,000 $378,571 $3,569 2.79%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 32 $10,630,000 $332,188 $4,728 2.63%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 24 $8,630,000 $359,583 $3,136 2.47%
    Outside of Metro Areas 22 $8,300,000 $377,273 $4,547 2.80%
    BAKERSFIELD, CA (FHA|USDA|VA) 31 $8,035,000 $259,194 $4,653 3.17%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 19 $7,715,000 $406,053 $4,159 2.61%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $7,515,000 $357,857 $4,808 2.77%
    SALINAS, CA (FHA|USDA|VA) 16 $7,090,000 $443,125 $3,924 2.55%
    RALEIGH-CARY, NC (FHA|USDA|VA) 14 $6,270,000 $447,857 $3,331 2.48%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 11 $6,075,000 $552,273 $3,139 2.36%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 17 $6,065,000 $356,765 $2,983 2.68%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 17 $5,595,000 $329,118 $3,996 2.70%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 16 $5,470,000 $341,875 $4,486 2.38%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 13 $5,225,000 $401,923 $3,539 2.60%
    RENO, NV (FHA|USDA|VA) 12 $5,020,000 $418,333 $3,727 2.64%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 12 $4,680,000 $390,000 $2,969 2.57%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 9 $4,305,000 $478,333 $5,603 2.67%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $4,290,000 $429,000 $3,797 2.46%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $4,220,000 $351,667 $3,801 2.64%
    TUCSON, AZ (FHA|USDA|VA) 12 $3,540,000 $295,000 $4,197 2.98%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 12 $3,430,000 $285,833 $5,056 3.44%
    VALLEJO, CA (FHA|USDA|VA) 8 $3,250,000 $406,250 $3,140 2.81%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $3,020,000 $377,500 $4,561 2.70%
    RICHMOND, VA (FHA|USDA|VA) 10 $2,970,000 $297,000 $2,659 2.80%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $2,890,000 $361,250 $2,991 2.61%
    MODESTO, CA (FHA|USDA|VA) 8 $2,800,000 $350,000 $3,129 2.75%
    BEND, OR (FHA|USDA|VA) 6 $2,680,000 $446,667 $3,377 3.04%
    FRESNO, CA (FHA|USDA|VA) 8 $2,580,000 $322,500 $3,161 2.92%
    JACKSONVILLE, FL (FHA|USDA|VA) 7 $2,435,000 $347,857 $4,130 3.18%
    COLUMBUS, OH (FHA|USDA|VA) 6 $2,430,000 $405,000 $2,934 2.50%
    KNOXVILLE, TN (FHA|USDA|VA) 6 $2,310,000 $385,000 $3,680 2.52%
    BOULDER, CO (FHA|USDA|VA) 5 $2,305,000 $461,000 $2,945 2.68%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 6 $2,250,000 $375,000 $2,600 2.58%
    NAPA, CA (FHA|USDA|VA) 4 $2,100,000 $525,000 $3,552 3.09%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $2,070,000 $258,750 $3,708 2.92%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,635,000 $327,000 $2,858 2.80%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,630,000 $407,500 $2,772 2.59%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,610,000 $402,500 $3,530 2.72%
    CHICO, CA (FHA|USDA|VA) 5 $1,485,000 $297,000 $3,291 2.75%
    ASHEVILLE, NC (FHA|USDA|VA) 3 $1,465,000 $488,333 $3,242 2.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,400,000 $350,000 $3,551 2.44%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $1,365,000 $455,000 $3,654 2.75%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,195,000 $398,333 $4,110 3.00%
    GRANTS PASS, OR (FHA|USDA|VA) 3 $1,165,000 $388,333 $3,574 2.88%
    Breckenridge, CO (FHA|USDA|VA) 2 $1,150,000 $575,000 $3,779 3.06%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,154 2.67%
    VISALIA, CA (FHA|USDA|VA) 4 $1,120,000 $280,000 $3,376 2.56%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $970,000 $485,000 $2,537 2.37%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $960,000 $480,000 $7,587 3.00%
    SALEM, OR (FHA|USDA|VA) 2 $930,000 $465,000 $3,896 2.56%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $870,000 $435,000 $3,129 2.94%
    GREELEY, CO (FHA|USDA|VA) 3 $865,000 $288,333 $3,291 2.75%
    REDDING, CA (FHA|USDA|VA) 2 $850,000 $425,000 $2,424 2.56%
    YUBA CITY, CA (FHA|USDA|VA) 2 $770,000 $385,000 $4,119 2.69%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $735,000 $245,000 $3,085 3.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $710,000 $355,000 $3,310 2.44%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $700,000 $350,000 $6,595 2.75%
    YAKIMA, WA (FHA|USDA|VA) 2 $640,000 $320,000 $2,374 2.19%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $610,000 $305,000 $3,085 3.06%
    CARSON CITY, NV (FHA|USDA|VA) 2 $600,000 $300,000 $2,514 2.81%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $570,000 $285,000 $4,472 3.25%
    Eureka-Arcata, CA (FHA|USDA|VA) 2 $570,000 $285,000 $2,767 2.87%
    MERCED, CA (FHA|USDA|VA) 2 $560,000 $280,000 $3,100 2.63%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $560,000 $280,000 $7,595 2.75%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,604 2.88%
    Stephenville, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,070 2.88%
    LUBBOCK, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,322 2.88%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $545,000 $545,000 $3,830 2.63%
    Sonora, CA (FHA|USDA|VA) 1 $545,000 $545,000 $3,079 2.88%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $3,425 2.63%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $545,000 $545,000 $4,067 3.00%
    Elko, NV (FHA|USDA|VA) 1 $545,000 $545,000 $8,526 2.38%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $540,000 $270,000 $3,282 2.44%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $525,000 $525,000 $5,938 2.63%
    Fernley, NV (FHA|USDA|VA) 2 $500,000 $250,000 $5,496 2.88%
    Jefferson, GA (FHA|USDA|VA) 1 $455,000 $455,000 $3,540 2.50%
    Centralia, WA (FHA|USDA|VA) 1 $455,000 $455,000 $2,617 2.75%
    MIDLAND, TX (FHA|USDA|VA) 1 $455,000 $455,000 $4,858 1.88%
    MEDFORD, OR (FHA|USDA|VA) 1 $455,000 $455,000 $4,934 2.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $445,000 $445,000 $2,773 2.00%
    LONGVIEW, WA (FHA|USDA|VA) 1 $435,000 $435,000 $3,377 2.75%
    AKRON, OH (FHA|USDA|VA) 1 $425,000 $425,000 $2,701 1.88%
    WILMINGTON, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,856 2.88%
    Fergus Falls, MN (FHA|USDA|VA) 1 $415,000 $415,000 $3,595 2.50%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $405,000 $405,000 $1,160 2.88%
    ROANOKE, VA (FHA|USDA|VA) 1 $405,000 $405,000 $2,994 2.75%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $400,000 $200,000 $3,489 3.25%
    Morehead City, NC (FHA|USDA|VA) 1 $385,000 $385,000 $3,157 1.75%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $355,000 $355,000 $2,841 2.13%
    Newport, OR (FHA|USDA|VA) 1 $355,000 $355,000 $5,755 2.13%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $355,000 $355,000 $2,668 2.38%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $345,000 $345,000 $2,294 2.63%
    EL CENTRO, CA (FHA|USDA|VA) 2 $340,000 $170,000 $2,975 3.19%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $325,000 $325,000 $3,230 2.50%
    BURLINGTON, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,679 2.75%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $265,000 $265,000 $2,568 2.63%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $4,238 2.63%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $235,000 $235,000 $2,469 2.63%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,257 2.38%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $235,000 $235,000 $6,150 2.38%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $235,000 $235,000 $2,254 2.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $225,000 $225,000 $2,920 2.25%
    Brookings, OR (FHA|USDA|VA) 1 $205,000 $205,000 $3,118 3.13%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,330 2.88%
    Pahrump, NV (FHA|USDA|VA) 1 $205,000 $205,000 $2,804 3.00%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $205,000 $205,000 $2,699 2.75%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $195,000 $195,000 $715 3.50%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $175,000 $175,000 $2,879 4.25%
    Ukiah, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,744 3.00%
    McMinnville, TN (FHA|USDA|VA) 1 $155,000 $155,000 $3,740 3.38%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,521 3.00%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $145,000 $145,000 $3,329 3.00%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $6,879 3.50%
    YUMA, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $6,590 3.13%
    Ony Glo's top markets include Los Angeles, Riverside, San Francisco, San Diego, and San Jose among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Virginia (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.

    Monterey Credit Union
    Similarity Rank: 63
    People's Community Federal Credit Union
    Similarity Rank: 86
    N C P D Federal Credit Union
    Similarity Rank: 102
    KELLEY MORTGAGE, LLC
    Similarity Rank: 336
    Schuyler Savings Bank
    Similarity Rank: 352
    Christian Community Credit Union
    Similarity Rank: 354
    First Credit Union
    Similarity Rank: 378
    HENRICO Federal Credit Union
    Similarity Rank: 420
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,276 $2,338,970,000 $443,323 $3,941 2.76%
    FHA 80 $33,370,000 $417,125 $12,891 3.05%
    VA 73 $37,895,000 $519,110 $6,782 2.49%

    For 2021, Ony Glo's most frequently originated type of loan was Conventional, with 5,276 originations. Their 2nd most popular type was FHA, with 80 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 4,169 $1,769,335,000 $424,403 $3,459 2.71%
    Home Purchase 1,183 $608,995,000 $514,789 $6,408 2.93%
    Cash Out Refi 77 $31,905,000 $414,351 $4,233 2.82%

    For 2021, Ony Glo's most frequently cited loan purpose was Refi, with 4,169 originations. The 2nd most popular reason was Home Purchase, with 1,183 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,257 $1,973,615,000 $463,616 $4,375 2.88%
    15 Year 806 $299,390,000 $371,452 $3,181 2.26%
    20 Year 263 $101,005,000 $384,049 $3,118 2.56%
    10 Year 73 $23,675,000 $324,315 $3,060 2.08%
    Other 30 $12,550,000 $418,333 $3,019 2.69%

    For 2021, Ony Glo's most frequently cited loan duration was 30 Year, with 4,257 originations. The 2nd most popular length was 15 Year, with 806 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,279 $1,453,605,000 $443,307
    $2k-3k 1,638 $728,900,000 $444,994
    $5k+ 238 $124,010,000 $521,050
    $3k-4k 121 $47,545,000 $392,934
    $4k-5k 95 $38,395,000 $404,158
    $<1k 35 $9,815,000 $280,429

    Ony Glo's average total fees were $4,375, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,279 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,695 $1,225,235,000 $454,633
    <2.5% 1,635 $678,045,000 $414,706
    3-4% 1,059 $487,075,000 $459,939
    4-5% 36 $16,620,000 $461,667
    5-6% 3 $825,000 $275,000
    6-7% 1 $2,435,000 $2,435,000

    During 2021, Ony Glo's average interest rate for loans was 2.88%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,695 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 2,366 $1,154,100,000 $487,785 $4,014 2.70%
    $200k-400k 2,054 $645,580,000 $314,304 $3,723 2.77%
    $600k-1MM 679 $493,955,000 $727,474 $5,450 2.90%
    $100k-200k 261 $42,545,000 $163,008 $3,458 2.93%
    $1MM+ 53 $73,485,000 $1,386,509 $10,394 3.38%
    $100,000 or less 16 $570,000 $35,625 $1,223 1.43%

    2021 saw Ony Glo place emphasis on $400k-600k loans with 2,366 originations, totaling $1,154,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,794 $788,740,000 $439,654 $3,950 2.75%
    $150k-250k 1,579 $782,015,000 $495,260 $3,948 2.73%
    $75k-100k 855 $322,795,000 $377,538 $4,349 2.78%
    $50k-75k 520 $161,000,000 $309,615 $4,285 2.84%
    $250k+ 511 $305,665,000 $598,170 $4,586 2.81%
    $50k or less 169 $49,865,000 $295,059 $4,202 2.82%

    Ony Glo lent most frequently to those with incomes in the $100k-150k range, with 1,794 originations. The second most popular income band? $150k-250k, with 1,579 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,152 $497,100,000 $431,510 $3,554 2.63%
    30-36% 1,054 $468,950,000 $444,924 $3,861 2.73%
    <20% 298 $123,630,000 $414,866 $3,468 2.68%
    49% 250 $105,650,000 $422,600 $4,432 2.88%
    37% 224 $101,100,000 $451,339 $4,084 2.79%
    41% 211 $96,725,000 $458,412 $4,524 2.90%
    40% 208 $94,110,000 $452,452 $4,309 2.84%
    43% 206 $90,190,000 $437,816 $4,442 2.89%
    48% 203 $90,805,000 $447,315 $4,615 2.86%
    44% 196 $89,120,000 $454,694 $4,420 2.83%
    46% 195 $86,935,000 $445,821 $4,341 2.80%
    38% 192 $89,490,000 $466,094 $4,447 2.81%
    47% 191 $91,005,000 $476,466 $4,706 2.84%
    39% 190 $87,090,000 $458,368 $4,038 2.78%
    36% 185 $84,835,000 $458,568 $4,226 2.79%
    42% 184 $85,120,000 $462,609 $4,417 2.87%
    45% 182 $79,110,000 $434,670 $4,407 2.90%
    50-60% 43 $19,975,000 $464,535 $9,280 2.84%
    >60% 24 $10,450,000 $435,417 $5,694 2.93%

    Ony Glo lent most frequently to those with DTI ratios of 20-30%, with 1,152 originations. The next most common DTI ratio? 30-36%, with 1,054 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 2,509 $1,118,535,000 $445,809 $4,054 2.74%
    White 1,515 $661,485,000 $436,624 $3,858 2.74%
    Not provided 1,264 $567,520,000 $448,987 $4,533 2.84%
    Black 59 $28,165,000 $477,373 $4,712 2.79%
    Asian Indian 50 $21,720,000 $434,400 $3,099 2.66%
    Native Hawaiian or Islander 12 $4,830,000 $402,500 $4,590 2.88%
    American Indian 13 $4,575,000 $351,923 $4,867 2.65%
    Other Asian 2 $1,420,000 $710,000 $6,462 3.00%
    Filipino 2 $930,000 $465,000 $2,599 2.38%
    Other Pacific Islander 1 $425,000 $425,000 $2,994 3.25%
    Vietnamese 1 $315,000 $315,000 $2,774 2.63%
    Chinese 1 $315,000 $315,000 $3,744 2.88%

    Approval Rates

    Total approvals of all applications
    97.71%

    Ony Glo has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    88.91%

    Ony Glo has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,429 $2,410,235,000 $443,956

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,429 $2,410,235,000 $443,956

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 598 $200,960,000 $336,054 $3,549 2.63%
    40-60% 1,847 $789,135,000 $427,252 $3,561 2.69%
    60-80% 2,282 $1,088,320,000 $476,915 $4,146 2.83%
    80-100% 644 $315,000,000 $489,130 $5,991 2.92%
    Over 100% 9 $5,045,000 $560,556 $18,375 2.58%
    Under 20% 49 $11,775,000 $240,306 $2,757 2.27%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    ONY GLO, INC. FHA mortgage Struggling to pay mortgage 1 100.0%