Homexpress Mortgage Corp. Rates, Fees & Info

NEWARK, DE

LEI: 549300R77W0P105C3S50

Tax ID: 47-5349678

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

Review & Overview

Homexpress Mortgage Corp. is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Homexpress Mortgage Corp. has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Francisco, Riverside, Sacramento, and Seattle among others. We have data for 129 markets. (Some data included below & more in-depth data is available with an active subscription.)

Homexpress Mortgage Corp. has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Homexpress Mortgage Corp. 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	8.37%	11/21/24
30 Year Conventional Refi	8.00%	11/21/24
30 Year Cash-out Refi	8.39%	11/21/24
30 Year FHA Purchase	7.22%	11/21/24
30 Year FHA Refi	6.40%	11/21/24
15 Year FHA Purchase	5.68%	11/21/24
15 Year FHA Refi	5.68%	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.

Homexpress Mortgage Corp. Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

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

This is not an official calculator from Homexpress Mortgage Corp.. 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

913

Origination Dollar Volume (All Markets)

$437,875,000

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)	140	$97,800,000	$698,571	$18,418	5.67%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	55	$39,035,000	$709,727	$13,766	5.75%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	60	$29,670,000	$494,500	$14,090	5.84%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	42	$19,770,000	$470,714	$12,325	6.11%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	38	$16,000,000	$421,053	$11,691	5.94%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	28	$14,720,000	$525,714	$22,120	6.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	17	$14,365,000	$845,000	$15,278	5.59%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	27	$14,175,000	$525,000	$14,933	5.81%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	19	$13,955,000	$734,474	$17,676	5.94%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	28	$12,350,000	$441,071	$12,299	5.74%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	30	$11,930,000	$397,667	$16,219	6.17%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	32	$10,800,000	$337,500	$12,243	6.62%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	17	$6,965,000	$409,706	$10,893	5.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	20	$6,100,000	$305,000	$9,314	6.62%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	19	$5,745,000	$302,368	$14,326	5.93%
SALINAS, CA (FHA\|USDA\|VA)	6	$5,680,000	$946,667	$18,054	4.69%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	17	$5,565,000	$327,353	$11,618	6.39%
STOCKTON, CA (FHA\|USDA\|VA)	12	$5,210,000	$434,167	$12,290	5.28%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	8	$4,940,000	$617,500	$17,624	5.87%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	11	$4,645,000	$422,273	$10,621	5.99%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	12	$4,440,000	$370,000	$13,616	5.73%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	15	$4,395,000	$293,000	$12,684	6.26%
RENO, NV (FHA\|USDA\|VA)	6	$4,380,000	$730,000	$18,555	6.40%
VALLEJO, CA (FHA\|USDA\|VA)	8	$3,570,000	$446,250	$7,864	6.28%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	11	$3,205,000	$291,364	$12,819	6.28%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	11	$3,175,000	$288,636	$13,858	6.25%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	9	$2,465,000	$273,889	$9,451	6.68%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	4	$2,420,000	$605,000	$13,439	5.69%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	7	$2,135,000	$305,000	$7,638	6.05%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	12	$2,130,000	$177,500	$8,000	6.01%
BOISE CITY, ID (FHA\|USDA\|VA)	6	$2,060,000	$343,333	$12,515	6.25%
Heber, UT (FHA\|USDA\|VA)	3	$2,025,000	$675,000	$20,198	4.75%
BAKERSFIELD, CA (FHA\|USDA\|VA)	6	$1,930,000	$321,667	$12,938	6.02%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	4	$1,850,000	$462,500	$10,604	5.81%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	3	$1,675,000	$558,333	$11,500	5.79%
NAPA, CA (FHA\|USDA\|VA)	3	$1,655,000	$551,667	$12,634	5.92%
Outside of Metro Areas	7	$1,655,000	$236,429	$7,930	6.21%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	3	$1,545,000	$515,000	$3,729	7.25%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	4	$1,490,000	$372,500	$8,505	5.72%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	3	$1,455,000	$485,000	$3,980	8.00%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	3	$1,435,000	$478,333	$11,424	6.29%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	8	$1,430,000	$178,750	$7,933	6.25%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	3	$1,415,000	$471,667	$21,880	6.42%
JACKSONVILLE, FL (FHA\|USDA\|VA)	5	$1,405,000	$281,000	$11,248	6.15%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	4	$1,380,000	$345,000	$6,351	5.91%
Hailey, ID (FHA\|USDA\|VA)	1	$1,305,000	$1,305,000	$7,380	6.00%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	2	$1,290,000	$645,000	$19,034	6.00%
PROVO-OREM, UT (FHA\|USDA\|VA)	2	$1,190,000	$595,000	$15,664	6.38%
VISALIA, CA (FHA\|USDA\|VA)	4	$1,190,000	$297,500	$10,690	6.97%
TUCSON, AZ (FHA\|USDA\|VA)	2	$1,180,000	$590,000	$26,576	4.81%
SANTA CRUZ-WATSONVILLE, CA (FHA\|USDA\|VA)	2	$1,160,000	$580,000	$0	6.31%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	6	$1,140,000	$190,000	$7,977	5.88%
FORT COLLINS, CO (FHA\|USDA\|VA)	2	$1,120,000	$560,000	$15,246	6.25%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	2	$1,120,000	$560,000	$19,287	5.94%
REDDING, CA (FHA\|USDA\|VA)	4	$1,100,000	$275,000	$10,817	6.19%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	4	$1,080,000	$270,000	$6,571	7.06%
FRESNO, CA (FHA\|USDA\|VA)	3	$975,000	$325,000	$13,167	6.00%
PITTSBURGH, PA (FHA\|USDA\|VA)	2	$960,000	$480,000	$14,734	6.25%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	2	$920,000	$460,000	$15,312	6.13%
BELLINGHAM, WA (FHA\|USDA\|VA)	1	$905,000	$905,000	$3,855	5.75%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	3	$885,000	$295,000	$10,649	6.08%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	1	$885,000	$885,000	$0	5.50%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	1	$805,000	$805,000	$0	5.50%
Eureka-Arcata, CA (FHA\|USDA\|VA)	2	$770,000	$385,000	$12,084	6.13%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	2	$660,000	$330,000	$13,433	5.50%
IDAHO FALLS, ID (FHA\|USDA\|VA)	1	$655,000	$655,000	$17,589	5.88%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	2	$630,000	$315,000	$17,853	6.31%
ST. GEORGE, UT (FHA\|USDA\|VA)	2	$620,000	$310,000	$3,633	6.63%
POCATELLO, ID (FHA\|USDA\|VA)	1	$605,000	$605,000	$15,721	6.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	2	$590,000	$295,000	$5,382	8.50%
MACON-BIBB COUNTY, GA (FHA\|USDA\|VA)	1	$575,000	$575,000	$4,470	7.75%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	1	$565,000	$565,000	$14,656	6.50%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	3	$535,000	$178,333	$4,368	6.12%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	3	$525,000	$175,000	$3,956	7.17%
SALEM, OR (FHA\|USDA\|VA)	1	$515,000	$515,000	$12,728	4.13%
KAHULUI-WAILUKU-LAHAINA, HI (FHA\|USDA\|VA)	1	$505,000	$505,000	$0	6.00%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	2	$500,000	$250,000	$9,520	7.06%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	2	$490,000	$245,000	$10,569	6.38%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	1	$485,000	$485,000	$11,151	7.37%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	2	$460,000	$230,000	$5,450	5.62%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	1	$455,000	$455,000	$12,126	5.00%
Oak Harbor, WA (FHA\|USDA\|VA)	1	$455,000	$455,000	$0	6.00%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$445,000	$445,000	$15,412	5.75%
PUEBLO, CO (FHA\|USDA\|VA)	1	$435,000	$435,000	$15,201	6.25%
BOULDER, CO (FHA\|USDA\|VA)	1	$435,000	$435,000	$12,872	5.13%
Gardnerville Ranchos, NV (FHA\|USDA\|VA)	1	$405,000	$405,000	$12,151	5.63%
EL CENTRO, CA (FHA\|USDA\|VA)	1	$405,000	$405,000	$14,594	6.00%
COLUMBUS, OH (FHA\|USDA\|VA)	3	$395,000	$131,667	$4,399	6.58%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	2	$390,000	$195,000	$0	7.69%
GAINESVILLE, GA (FHA\|USDA\|VA)	1	$385,000	$385,000	$10,493	6.62%
LONGVIEW, WA (FHA\|USDA\|VA)	1	$385,000	$385,000	$15,725	4.75%
Red Bluff, CA (FHA\|USDA\|VA)	1	$375,000	$375,000	$12,839	7.13%
TYLER, TX (FHA\|USDA\|VA)	1	$345,000	$345,000	$4,711	7.13%
LAREDO, TX (FHA\|USDA\|VA)	1	$325,000	$325,000	$16,245	5.38%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	2	$320,000	$160,000	$0	6.31%
MADERA, CA (FHA\|USDA\|VA)	1	$315,000	$315,000	$10,736	5.63%
Newport, OR (FHA\|USDA\|VA)	1	$305,000	$305,000	$0	6.13%
Klamath Falls, OR (FHA\|USDA\|VA)	1	$305,000	$305,000	$5,261	8.13%
LANCASTER, PA (FHA\|USDA\|VA)	1	$305,000	$305,000	$10,752	6.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	2	$300,000	$150,000	$7,380	6.44%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	1	$295,000	$295,000	$0	6.25%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	1	$285,000	$285,000	$12,891	7.13%
HANFORD-CORCORAN, CA (FHA\|USDA\|VA)	1	$275,000	$275,000	$6,606	6.00%
Boone, NC (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	9.25%
Jefferson, GA (FHA\|USDA\|VA)	1	$235,000	$235,000	$9,534	6.63%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	7.00%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	1	$225,000	$225,000	$0	5.88%
Stephenville, TX (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,942	7.25%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	1	$205,000	$205,000	$10,545	6.25%
MODESTO, CA (FHA\|USDA\|VA)	1	$205,000	$205,000	$7,292	4.88%
TRENTON-PRINCETON, NJ (FHA\|USDA\|VA)	1	$205,000	$205,000	$9,380	6.13%
GREELEY, CO (FHA\|USDA\|VA)	1	$205,000	$205,000	$8,366	5.00%
SEBRING-AVON PARK, FL (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	6.00%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	1	$195,000	$195,000	$7,153	6.88%
ANN ARBOR, MI (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	5.25%
OCALA, FL (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,668	4.50%
Torrington, CT (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,674	5.88%
Roseburg, OR (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,065	5.75%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	1	$155,000	$155,000	$7,758	7.38%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	5.88%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	8.88%
MONTGOMERY, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,037	8.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	5.13%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	1	$125,000	$125,000	$6,624	8.75%
RICHMOND, VA (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	5.88%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	1	$115,000	$115,000	$6,911	5.87%
SIERRA VISTA-DOUGLAS, AZ (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.75%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,179	7.63%

Homexpress Mortgage Corp.'s top markets include Los Angeles, San Francisco, Riverside, Sacramento, and Seattle among others.

Their top states include:

California (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Nevada (FHA|USDA|VA)

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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	913	$437,875,000	$479,600	$13,652	6.00%

For 2020, Homexpress Mortgage Corp.'s most frequently originated type of loan was Conventional, with 913 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	442	$220,610,000	$499,118	$14,321	6.06%
Cash Out Refi	354	$147,260,000	$415,989	$12,507	6.10%
Refi	117	$70,005,000	$598,333	$14,046	5.49%

For 2020, Homexpress Mortgage Corp.'s most frequently cited loan purpose was Home Purchase, with 442 originations. The 2nd most popular reason was Cash Out Refi, with 354 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	790	$368,710,000	$466,722	$13,423	6.01%
30+ year	123	$69,165,000	$562,317	$15,878	5.95%

For 2020, Homexpress Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 790 originations. The 2nd most popular length was 30+ year, with 123 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$5k+	471	$279,425,000	$593,259
$1k-2k	81	$42,765,000	$527,963
$4k-5k	30	$7,240,000	$241,333
$2k-3k	13	$4,525,000	$348,077
$3k-4k	13	$2,535,000	$195,000
$<1k	3	$1,805,000	$601,667

Homexpress Mortgage Corp.'s average total fees were $13,423, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 471 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
5-6%	339	$160,525,000	$473,525
6-7%	288	$127,150,000	$441,493
4-5%	129	$78,375,000	$607,558
7-8%	102	$37,390,000	$366,569
Over 8%	27	$7,585,000	$280,926
3-4%	19	$17,165,000	$903,421
2.5-3%	9	$9,685,000	$1,076,111

During 2020, Homexpress Mortgage Corp.'s average interest rate for loans was 6.01%, while their most frequently originated rate bucket for loans was 5-6%, with 339 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	332	$95,410,000	$287,380	$9,645	6.20%
$400k-600k	181	$87,805,000	$485,110	$13,540	5.91%
$600k-1MM	160	$122,730,000	$767,063	$17,013	5.70%
$100k-200k	155	$23,855,000	$153,903	$6,664	6.36%
$1MM+	84	$107,980,000	$1,285,476	$24,367	5.31%
$100,000 or less	1	$95,000	$95,000	$0	7.75%

2020 saw Homexpress Mortgage Corp. place emphasis on $200k-400k loans with 332 originations, totaling $95,410,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	301	$96,485,000	$320,548	$9,630	5.99%
$250k+	226	$185,450,000	$820,575	$18,234	5.78%
$150k-250k	152	$82,160,000	$540,526	$13,271	5.81%
$100k-150k	122	$44,460,000	$364,426	$11,056	6.20%
$75k-100k	59	$17,835,000	$302,288	$9,543	6.48%
$50k-75k	53	$11,485,000	$216,698	$8,204	6.57%

Homexpress Mortgage Corp. lent most frequently to those with incomes in the $50k or less range, with 301 originations. The second most popular income band? $250k+, with 226 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
<20%	289	$120,685,000	$417,595	$15,778	5.96%
20-30%	104	$58,850,000	$565,865	$13,594	5.78%
30-36%	85	$45,515,000	$535,471	$12,874	5.96%
49%	40	$22,030,000	$550,750	$13,584	6.20%
42%	34	$20,240,000	$595,294	$18,027	5.75%
47%	29	$15,055,000	$519,138	$10,747	6.36%
50-60%	28	$16,480,000	$588,571	$12,754	6.34%
39%	26	$13,280,000	$510,769	$13,454	5.89%
40%	26	$13,370,000	$514,231	$14,205	5.95%
38%	22	$11,750,000	$534,091	$12,229	5.73%
46%	22	$9,990,000	$454,091	$11,938	6.43%
48%	21	$7,625,000	$363,095	$10,686	6.40%
36%	20	$11,990,000	$599,500	$10,712	6.00%
45%	19	$9,965,000	$524,474	$13,250	6.14%
43%	19	$8,975,000	$472,368	$12,744	6.41%
41%	18	$12,310,000	$683,889	$16,205	5.44%
37%	15	$7,475,000	$498,333	$14,219	5.92%
44%	12	$4,320,000	$360,000	$12,463	6.37%

Homexpress Mortgage Corp. lent most frequently to those with DTI ratios of <20%, with 289 originations. The next most common DTI ratio? 20-30%, with 104 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	561	$258,625,000	$461,007	$13,012	6.05%
Not provided	168	$87,670,000	$521,845	$14,425	5.89%
Asian	106	$53,760,000	$507,170	$13,608	5.76%
Black	72	$33,970,000	$471,806	$17,247	6.22%
Native Hawaiian or Islander	4	$2,160,000	$540,000	$14,382	6.12%
American Indian	1	$885,000	$885,000	$29,214	7.75%
Japanese	1	$805,000	$805,000	$7,479	7.37%

Approval Rates

Total approvals of all applications
44.82%

Homexpress Mortgage Corp. has a low approval rate. They may have poor market targeting or stringent lending standards.

Pick Rate

Approvals leading to origination
82.80%

Homexpress Mortgage Corp. has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	913	$437,875,000	$479,600

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Site-Built	913	$437,875,000	$479,600

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	26	$7,640,000	$293,846	$7,050	5.87%
40-60%	119	$54,285,000	$456,176	$12,643	5.54%
60-80%	609	$288,055,000	$472,997	$13,889	6.03%
80-100%	157	$87,555,000	$557,675	$14,366	6.26%
Under 20%	2	$340,000	$170,000	$5,476	6.06%

Complaints

Bank Name	Product	Issue	2020 CPFB Complaints	% of Total Issues
Homespire Mortgage Corp	Conventional home mortgage	Applying for a mortgage or refinancing an existing mortgage	1	33.3%
Homespire Mortgage Corp	FHA mortgage	Closing on a mortgage	1	33.3%
Homespire Mortgage Corp	FHA mortgage	Trouble during payment process	1	33.3%