Towne Mortgage Company Rates, Fees & Info

PLYMOUTH, MI

LEI: 549300R7HGHP2I754087

Tax ID: 38-2434249

4.1 stars - out of 5 stars, based on 87 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Towne Mortgage Company is a small mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Towne Mortgage Company 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 include New York, Philadelphia, Phoenix, San Francisco, and Miami among others. Towne Mortgage Company has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Towne Mortgage Company is typically an average fee lendor.


Originations

7,597

Origination Dollar Volume (All Markets)

$1,915,195,000
Show all (27) awards

Relative Rate

Towne Mortgage Company's average 30 year fixed rate mortgage of loans were 3.15%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0%.

Relative Fees

Towne Mortgage Company's average total fees for a 30 year fixed rate mortgage are $5,675.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 284 $113,110,000 $398,275 $9,119 2.76%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 320 $103,200,000 $322,500 $8,740 2.78%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 291 $103,055,000 $354,141 $4,289 2.92%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 206 $96,470,000 $468,301 $3,093 2.71%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 350 $94,090,000 $268,829 $5,116 3.12%
Outside of Metro Areas 518 $87,650,000 $169,208 $4,968 3.21%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 157 $73,915,000 $470,796 $2,576 2.71%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 258 $70,040,000 $271,473 $6,414 3.01%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 344 $66,050,000 $192,006 $4,664 3.06%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 202 $62,760,000 $310,693 $4,626 2.96%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 143 $56,795,000 $397,168 $3,504 2.88%
MUSKEGON, MI (FHA|USDA|VA) 327 $48,125,000 $147,171 $3,129 3.14%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 164 $40,500,000 $246,951 $6,486 3.01%
COLUMBIA, SC (FHA|USDA|VA) 179 $35,185,000 $196,564 $4,687 3.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 122 $31,300,000 $256,557 $8,049 3.16%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 62 $31,170,000 $502,742 $5,054 2.96%
JACKSONVILLE, FL (FHA|USDA|VA) 124 $29,720,000 $239,677 $4,786 3.06%
PITTSBURGH, PA (FHA|USDA|VA) 116 $25,750,000 $221,983 $6,765 2.86%
FLINT, MI (FHA|USDA|VA) 153 $25,365,000 $165,784 $4,884 2.99%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 128 $24,940,000 $194,844 $3,403 3.16%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 68 $24,070,000 $353,971 $4,300 3.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 101 $23,115,000 $228,861 $5,918 3.22%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 90 $22,070,000 $245,222 $5,956 3.12%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 73 $21,695,000 $297,192 $5,476 3.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 98 $17,380,000 $177,347 $3,419 3.19%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 70 $16,010,000 $228,714 $4,780 2.96%
GREEN BAY, WI (FHA|USDA|VA) 95 $15,825,000 $166,579 $3,319 3.30%
Owatonna, MN (FHA|USDA|VA) 87 $15,715,000 $180,632 $4,525 2.64%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 41 $14,405,000 $351,341 $9,290 2.78%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 43 $12,125,000 $281,977 $7,345 2.51%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 41 $11,575,000 $282,317 $4,978 3.21%
APPLETON, WI (FHA|USDA|VA) 62 $11,380,000 $183,548 $4,102 3.32%
ST. LOUIS, MO-IL (FHA|USDA|VA) 50 $11,270,000 $225,400 $5,367 3.07%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 53 $10,645,000 $200,849 $5,567 3.18%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 22 $10,230,000 $465,000 $7,540 2.82%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 22 $9,330,000 $424,091 $5,125 2.72%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 33 $9,185,000 $278,333 $6,645 2.99%
Faribault-Northfield, MN (FHA|USDA|VA) 44 $8,650,000 $196,591 $4,790 2.76%
SHEBOYGAN, WI (FHA|USDA|VA) 57 $8,595,000 $150,789 $3,940 3.45%
TUCSON, AZ (FHA|USDA|VA) 26 $8,250,000 $317,308 $5,195 2.83%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 34 $7,800,000 $229,412 $5,271 3.29%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 21 $7,585,000 $361,190 $8,432 2.82%
ROANOKE, VA (FHA|USDA|VA) 32 $7,340,000 $229,375 $4,526 3.03%
Meridian, MS (FHA|USDA|VA) 45 $7,115,000 $158,111 $5,101 2.83%
STOCKTON, CA (FHA|USDA|VA) 18 $7,090,000 $393,889 $3,912 2.94%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 32 $6,600,000 $206,250 $4,795 2.93%
JOPLIN, MO (FHA|USDA|VA) 55 $6,585,000 $119,727 $4,255 3.40%
RICHMOND, VA (FHA|USDA|VA) 28 $6,280,000 $224,286 $4,913 3.03%
GREELEY, CO (FHA|USDA|VA) 18 $6,260,000 $347,778 $3,856 3.09%
TALLAHASSEE, FL (FHA|USDA|VA) 34 $6,130,000 $180,294 $4,528 3.30%
BOULDER, CO (FHA|USDA|VA) 16 $6,110,000 $381,875 $2,479 2.61%
RALEIGH-CARY, NC (FHA|USDA|VA) 20 $6,050,000 $302,500 $3,622 2.70%
PORT ST. LUCIE, FL (FHA|USDA|VA) 20 $5,960,000 $298,000 $7,735 3.04%
Stevens Point, WI (FHA|USDA|VA) 25 $5,925,000 $237,000 $2,476 2.98%
Tifton, GA (FHA|USDA|VA) 29 $5,675,000 $195,690 $6,171 2.97%
WARNER ROBINS, GA (FHA|USDA|VA) 27 $5,665,000 $209,815 $3,972 3.17%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 16 $5,240,000 $327,500 $7,905 3.04%
FORT COLLINS, CO (FHA|USDA|VA) 16 $5,140,000 $321,250 $3,726 2.93%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 35 $5,015,000 $143,286 $4,312 3.38%
DULUTH, MN-WI (FHA|USDA|VA) 31 $4,965,000 $160,161 $4,331 3.20%
SALINAS, CA (FHA|USDA|VA) 11 $4,945,000 $449,545 $4,216 2.76%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 28 $4,820,000 $172,143 $3,109 3.10%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 14 $4,740,000 $338,571 $7,153 2.95%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 14 $4,730,000 $337,857 $11,327 3.09%
SPARTANBURG, SC (FHA|USDA|VA) 22 $4,450,000 $202,273 $6,247 3.11%
ASHEVILLE, NC (FHA|USDA|VA) 13 $4,345,000 $334,231 $8,843 3.21%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 20 $4,240,000 $212,000 $6,071 3.37%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 15 $4,145,000 $276,333 $5,792 3.14%
VALLEJO, CA (FHA|USDA|VA) 10 $4,000,000 $400,000 $2,519 2.95%
Mount Airy, NC (FHA|USDA|VA) 27 $3,875,000 $143,519 $5,600 3.01%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 14 $3,660,000 $261,429 $5,258 3.26%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 24 $3,490,000 $145,417 $4,269 3.38%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $3,470,000 $578,333 $19,491 3.06%
WINSTON-SALEM, NC (FHA|USDA|VA) 21 $3,385,000 $161,190 $6,376 3.23%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 10 $3,300,000 $330,000 $9,171 2.81%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 10 $3,190,000 $319,000 $4,706 2.74%
SAVANNAH, GA (FHA|USDA|VA) 15 $3,185,000 $212,333 $6,007 3.31%
FAYETTEVILLE, NC (FHA|USDA|VA) 11 $3,175,000 $288,636 $6,691 2.78%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 16 $3,160,000 $197,500 $5,392 2.97%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $3,150,000 $393,750 $11,540 3.00%
Columbus, MS (FHA|USDA|VA) 19 $3,135,000 $165,000 $6,300 3.30%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 11 $3,085,000 $280,455 $10,322 2.99%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 12 $3,020,000 $251,667 $8,301 3.32%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 16 $3,020,000 $188,750 $4,591 3.10%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $2,955,000 $197,000 $5,487 3.15%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 12 $2,920,000 $243,333 $5,530 3.42%
OCEAN CITY, NJ (FHA|USDA|VA) 7 $2,895,000 $413,571 $8,428 2.61%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 10 $2,770,000 $277,000 $7,300 2.98%
GAINESVILLE, FL (FHA|USDA|VA) 12 $2,660,000 $221,667 $6,234 3.18%
Manitowoc, WI (FHA|USDA|VA) 16 $2,610,000 $163,125 $3,420 3.30%
FOND DU LAC, WI (FHA|USDA|VA) 16 $2,560,000 $160,000 $4,099 3.43%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 14 $2,500,000 $178,571 $3,427 2.69%
JACKSON, MI (FHA|USDA|VA) 14 $2,450,000 $175,000 $4,111 3.27%
Boone, NC (FHA|USDA|VA) 8 $2,440,000 $305,000 $4,121 2.89%
Mount Pleasant, MI (FHA|USDA|VA) 16 $2,400,000 $150,000 $5,509 3.33%
LAFAYETTE, LA (FHA|USDA|VA) 15 $2,395,000 $159,667 $5,211 3.07%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 6 $2,390,000 $398,333 $4,914 2.90%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 13 $2,325,000 $178,846 $6,345 3.52%
ROCHESTER, MN (FHA|USDA|VA) 11 $2,275,000 $206,818 $3,931 2.82%
CEDAR RAPIDS, IA (FHA|USDA|VA) 14 $2,260,000 $161,429 $5,269 3.44%
WAUSAU-WESTON, WI (FHA|USDA|VA) 14 $2,260,000 $161,429 $3,534 3.21%
Bluefield, WV-VA (FHA|USDA|VA) 21 $2,245,000 $106,905 $4,292 2.99%
Seneca, SC (FHA|USDA|VA) 6 $2,170,000 $361,667 $8,314 2.92%
MONROE, MI (FHA|USDA|VA) 16 $2,160,000 $135,000 $3,937 3.12%
Brainerd, MN (FHA|USDA|VA) 14 $2,130,000 $152,143 $4,141 3.02%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 12 $2,070,000 $172,500 $5,101 3.22%
Miami, OK (FHA|USDA|VA) 16 $2,060,000 $128,750 $5,521 3.67%
LYNCHBURG, VA (FHA|USDA|VA) 9 $2,055,000 $228,333 $5,395 2.79%
Findlay, OH (FHA|USDA|VA) 11 $2,035,000 $185,000 $8,078 3.19%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 11 $1,995,000 $181,364 $3,838 3.18%
KNOXVILLE, TN (FHA|USDA|VA) 13 $1,985,000 $152,692 $4,977 3.64%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 8 $1,960,000 $245,000 $6,898 3.00%
Newberry, SC (FHA|USDA|VA) 12 $1,870,000 $155,833 $5,296 3.47%
Key West, FL (FHA|USDA|VA) 5 $1,795,000 $359,000 $10,864 2.68%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 6 $1,750,000 $291,667 $8,577 3.08%
STAUNTON, VA (FHA|USDA|VA) 6 $1,740,000 $290,000 $4,028 3.06%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,710,000 $427,500 $8,280 2.84%
BRUNSWICK, GA (FHA|USDA|VA) 13 $1,705,000 $131,154 $5,053 3.16%
COLUMBUS, OH (FHA|USDA|VA) 10 $1,680,000 $168,000 $6,064 3.32%
Douglas, GA (FHA|USDA|VA) 12 $1,660,000 $138,333 $5,832 3.58%
Worthington, MN (FHA|USDA|VA) 7 $1,615,000 $230,714 $6,335 3.23%
Marinette, WI-MI (FHA|USDA|VA) 12 $1,600,000 $133,333 $3,818 3.54%
Shawano, WI (FHA|USDA|VA) 11 $1,595,000 $145,000 $3,024 3.35%
BECKLEY, WV (FHA|USDA|VA) 10 $1,590,000 $159,000 $5,115 2.89%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $1,585,000 $317,000 $7,474 3.05%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,575,000 $225,000 $4,843 2.89%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 11 $1,565,000 $142,273 $3,149 3.29%
Shelby, NC (FHA|USDA|VA) 6 $1,540,000 $256,667 $9,253 2.83%
MADISON, WI (FHA|USDA|VA) 6 $1,480,000 $246,667 $6,315 3.04%
Kalispell, MT (FHA|USDA|VA) 6 $1,450,000 $241,667 $5,103 3.75%
LANCASTER, PA (FHA|USDA|VA) 5 $1,425,000 $285,000 $7,748 2.53%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $1,415,000 $157,222 $5,607 3.11%
Holland, MI (FHA|USDA|VA) 7 $1,385,000 $197,857 $3,664 3.46%
BATON ROUGE, LA (FHA|USDA|VA) 4 $1,360,000 $340,000 $5,915 3.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,335,000 $267,000 $4,116 3.02%
RACINE, WI (FHA|USDA|VA) 8 $1,300,000 $162,500 $3,441 3.17%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 7 $1,285,000 $183,571 $3,413 2.96%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 6 $1,280,000 $213,333 $8,959 3.65%
Morehead City, NC (FHA|USDA|VA) 4 $1,250,000 $312,500 $4,416 2.78%
ROCKFORD, IL (FHA|USDA|VA) 7 $1,225,000 $175,000 $5,038 3.52%
Albemarle, NC (FHA|USDA|VA) 8 $1,220,000 $152,500 $5,906 2.92%
Palatka, FL (FHA|USDA|VA) 6 $1,220,000 $203,333 $6,057 2.96%
MODESTO, CA (FHA|USDA|VA) 3 $1,185,000 $395,000 $4,188 3.08%
SAGINAW, MI (FHA|USDA|VA) 11 $1,185,000 $107,727 $3,804 3.25%
WILMINGTON, NC (FHA|USDA|VA) 5 $1,155,000 $231,000 $6,531 2.85%
VALDOSTA, GA (FHA|USDA|VA) 6 $1,150,000 $191,667 $5,284 3.46%
WINCHESTER, VA-WV (FHA|USDA|VA) 4 $1,140,000 $285,000 $8,269 3.25%
Georgetown, SC (FHA|USDA|VA) 5 $1,135,000 $227,000 $6,213 3.40%
Austin, MN (FHA|USDA|VA) 7 $1,135,000 $162,143 $4,821 3.05%
OCALA, FL (FHA|USDA|VA) 5 $1,125,000 $225,000 $8,184 3.30%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 5 $1,125,000 $225,000 $4,336 2.95%
Big Rapids, MI (FHA|USDA|VA) 5 $1,105,000 $221,000 $5,210 2.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 7 $1,105,000 $157,857 $5,271 2.93%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 8 $1,100,000 $137,500 $5,375 3.69%
GAINESVILLE, GA (FHA|USDA|VA) 4 $1,100,000 $275,000 $7,166 2.91%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 5 $1,085,000 $217,000 $6,358 3.07%
New Castle, PA (FHA|USDA|VA) 6 $1,050,000 $175,000 $4,898 2.88%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 8 $1,040,000 $130,000 $4,902 3.08%
FLORENCE, SC (FHA|USDA|VA) 3 $1,005,000 $335,000 $8,030 2.96%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 3 $975,000 $325,000 $3,186 2.79%
Orangeburg, SC (FHA|USDA|VA) 5 $955,000 $191,000 $6,057 2.83%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $920,000 $230,000 $5,961 2.63%
MONROE, LA (FHA|USDA|VA) 5 $895,000 $179,000 $6,759 2.82%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $885,000 $295,000 $8,409 3.29%
Cambridge, MD (FHA|USDA|VA) 5 $885,000 $177,000 $4,608 3.10%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $875,000 $291,667 $4,787 2.63%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 5 $835,000 $167,000 $3,682 2.92%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $830,000 $415,000 $2,799 2.50%
GRAND JUNCTION, CO (FHA|USDA|VA) 4 $820,000 $205,000 $6,726 2.97%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 8 $820,000 $102,500 $3,399 3.00%
Okeechobee, FL (FHA|USDA|VA) 4 $800,000 $200,000 $4,145 3.31%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $795,000 $159,000 $5,276 3.50%
HARRISONBURG, VA (FHA|USDA|VA) 2 $780,000 $390,000 $4,952 3.13%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $780,000 $390,000 $4,769 3.13%
Jesup, GA (FHA|USDA|VA) 6 $770,000 $128,333 $6,007 3.13%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $765,000 $255,000 $2,970 3.33%
Beaver Dam, WI (FHA|USDA|VA) 5 $755,000 $151,000 $2,450 3.12%
Waycross, GA (FHA|USDA|VA) 6 $750,000 $125,000 $5,614 3.23%
Traverse City, MI (FHA|USDA|VA) 4 $740,000 $185,000 $7,059 3.09%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $725,000 $241,667 $7,190 2.96%
Paducah, KY-IL (FHA|USDA|VA) 3 $715,000 $238,333 $5,903 3.16%
FRESNO, CA (FHA|USDA|VA) 3 $695,000 $231,667 $5,357 3.33%
EAU CLAIRE, WI (FHA|USDA|VA) 4 $690,000 $172,500 $4,316 3.41%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $670,000 $335,000 $3,756 2.81%
Natchez, MS-LA (FHA|USDA|VA) 3 $665,000 $221,667 $4,098 2.83%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $660,000 $330,000 $9,231 2.44%
GOLDSBORO, NC (FHA|USDA|VA) 4 $660,000 $165,000 $6,305 3.28%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $645,000 $215,000 $1,816 3.08%
Lumberton, NC (FHA|USDA|VA) 3 $645,000 $215,000 $5,303 2.92%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 5 $645,000 $129,000 $5,590 3.63%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $645,000 $215,000 $5,188 3.29%
Red Wing, MN (FHA|USDA|VA) 3 $635,000 $211,667 $4,970 3.00%
Opelousas, LA (FHA|USDA|VA) 4 $630,000 $157,500 $6,480 3.25%
ALEXANDRIA, LA (FHA|USDA|VA) 4 $620,000 $155,000 $4,181 3.06%
JOHNSON CITY, TN (FHA|USDA|VA) 3 $615,000 $205,000 $2,610 3.08%
PANAMA CITY, FL (FHA|USDA|VA) 2 $600,000 $300,000 $4,174 3.19%
Alma, MI (FHA|USDA|VA) 4 $600,000 $150,000 $4,677 3.28%
GADSDEN, AL (FHA|USDA|VA) 3 $585,000 $195,000 $4,248 3.13%
ANN ARBOR, MI (FHA|USDA|VA) 4 $580,000 $145,000 $4,961 2.91%
NILES, MI (FHA|USDA|VA) 4 $580,000 $145,000 $2,817 3.12%
Gaffney, SC (FHA|USDA|VA) 2 $580,000 $290,000 $8,545 2.69%
Moultrie, GA (FHA|USDA|VA) 5 $575,000 $115,000 $4,703 3.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $560,000 $280,000 $5,508 2.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $560,000 $280,000 $5,608 2.81%
Lawrenceburg, TN (FHA|USDA|VA) 3 $555,000 $185,000 $2,905 3.46%
READING, PA (FHA|USDA|VA) 2 $550,000 $275,000 $9,298 2.44%
Whitewater, WI (FHA|USDA|VA) 3 $545,000 $181,667 $4,338 3.17%
Lebanon, MO (FHA|USDA|VA) 1 $545,000 $545,000 $2,459 2.88%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $515,000 $171,667 $3,749 2.88%
ALTOONA, PA (FHA|USDA|VA) 3 $515,000 $171,667 $8,078 3.13%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $510,000 $255,000 $3,532 2.69%
Marion, NC (FHA|USDA|VA) 1 $505,000 $505,000 $17,827 3.13%
Oil City, PA (FHA|USDA|VA) 3 $495,000 $165,000 $6,160 2.87%
Albert Lea, MN (FHA|USDA|VA) 5 $495,000 $99,000 $4,209 3.33%
CLEVELAND, TN (FHA|USDA|VA) 3 $495,000 $165,000 $6,170 3.54%
MADERA, CA (FHA|USDA|VA) 2 $490,000 $245,000 $3,666 2.81%
Cordele, GA (FHA|USDA|VA) 2 $490,000 $245,000 $6,403 2.68%
MOBILE, AL (FHA|USDA|VA) 2 $480,000 $240,000 $3,210 3.50%
YUBA CITY, CA (FHA|USDA|VA) 1 $475,000 $475,000 $3,585 2.63%
TULSA, OK (FHA|USDA|VA) 2 $460,000 $230,000 $5,038 3.13%
Breckenridge, CO (FHA|USDA|VA) 1 $445,000 $445,000 $3,380 2.88%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $445,000 $148,333 $3,587 2.92%
Milledgeville, GA (FHA|USDA|VA) 2 $440,000 $220,000 $4,259 2.94%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $425,000 $141,667 $4,276 3.13%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $425,000 $425,000 $15,153 2.63%
MANKATO, MN (FHA|USDA|VA) 2 $420,000 $210,000 $3,717 3.25%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 3 $415,000 $138,333 $5,138 2.71%
Baraboo, WI (FHA|USDA|VA) 3 $415,000 $138,333 $3,923 3.08%
CHICO, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,003 3.00%
Starkville, MS (FHA|USDA|VA) 3 $405,000 $135,000 $6,279 3.25%
Bonham, TX (FHA|USDA|VA) 1 $395,000 $395,000 $7,321 3.25%
Montrose, CO (FHA|USDA|VA) 1 $395,000 $395,000 $7,823 2.75%
BAY CITY, MI (FHA|USDA|VA) 3 $395,000 $131,667 $3,302 3.33%
Muscatine, IA (FHA|USDA|VA) 3 $385,000 $128,333 $4,045 3.12%
Lake City, FL (FHA|USDA|VA) 3 $385,000 $128,333 $5,663 2.92%
STATE COLLEGE, PA (FHA|USDA|VA) 3 $375,000 $125,000 $7,747 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $375,000 $125,000 $5,264 3.00%
JACKSON, TN (FHA|USDA|VA) 3 $375,000 $125,000 $5,176 3.46%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $375,000 $375,000 $4,521 3.63%
BURLINGTON, NC (FHA|USDA|VA) 2 $370,000 $185,000 $8,401 3.06%
THE VILLAGES, FL (FHA|USDA|VA) 2 $360,000 $180,000 $4,294 3.50%
Cullowhee, NC (FHA|USDA|VA) 1 $355,000 $355,000 $2,695 3.25%
Sevierville, TN (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.63%
PUEBLO, CO (FHA|USDA|VA) 2 $350,000 $175,000 $5,461 3.31%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $350,000 $175,000 $6,576 3.69%
LIMA, OH (FHA|USDA|VA) 1 $335,000 $335,000 $12,115 4.25%
Indiana, PA (FHA|USDA|VA) 2 $330,000 $165,000 $6,747 2.75%
SUMTER, SC (FHA|USDA|VA) 1 $325,000 $325,000 $4,116 3.00%
DALTON, GA (FHA|USDA|VA) 2 $320,000 $160,000 $6,690 3.19%
Sayre, PA (FHA|USDA|VA) 1 $315,000 $315,000 $10,984 2.88%
Picayune, MS (FHA|USDA|VA) 2 $310,000 $155,000 $7,886 4.75%
Meadville, PA (FHA|USDA|VA) 1 $305,000 $305,000 $10,362 2.50%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $295,000 $295,000 $15,057 4.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $290,000 $145,000 $3,371 3.00%
LUBBOCK, TX (FHA|USDA|VA) 1 $285,000 $285,000 $2,230 2.75%
Marquette, MI (FHA|USDA|VA) 1 $285,000 $285,000 $5,160 3.25%
Tiffin, OH (FHA|USDA|VA) 2 $280,000 $140,000 $6,042 3.75%
Morgan City, LA (FHA|USDA|VA) 2 $280,000 $140,000 $4,777 3.06%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $275,000 $275,000 $6,988 3.50%
HAMMOND, LA (FHA|USDA|VA) 1 $275,000 $275,000 $6,968 3.25%
Granbury, TX (FHA|USDA|VA) 1 $265,000 $265,000 $10,095 2.88%
Ukiah, CA (FHA|USDA|VA) 1 $265,000 $265,000 $3,330 2.38%
Adrian, MI (FHA|USDA|VA) 1 $265,000 $265,000 $6,428 3.50%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $265,000 $265,000 $6,026 3.38%
Mayfield, KY (FHA|USDA|VA) 2 $260,000 $130,000 $4,602 3.19%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $255,000 $255,000 $8,151 2.75%
MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $5,841 2.50%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.38%
Elizabeth City, NC (FHA|USDA|VA) 1 $255,000 $255,000 $8,163 2.25%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $255,000 $255,000 $13,048 2.75%
Greenwood, SC (FHA|USDA|VA) 2 $250,000 $125,000 $5,892 2.75%
Cadillac, MI (FHA|USDA|VA) 2 $250,000 $125,000 $5,535 2.81%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $235,000 $235,000 $2,987 2.75%
Cambridge, OH (FHA|USDA|VA) 2 $230,000 $115,000 $3,644 2.87%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $225,000 $225,000 $4,856 3.63%
WICHITA, KS (FHA|USDA|VA) 2 $220,000 $110,000 $3,196 3.25%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $220,000 $110,000 $3,497 2.56%
HINESVILLE, GA (FHA|USDA|VA) 2 $220,000 $110,000 $4,056 3.31%
Athens, TN (FHA|USDA|VA) 2 $220,000 $110,000 $8,010 2.75%
Warsaw, IN (FHA|USDA|VA) 2 $220,000 $110,000 $2,999 3.06%
NAPA, CA (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.75%
Corinth, MS (FHA|USDA|VA) 1 $215,000 $215,000 $6,167 4.63%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $215,000 $215,000 $6,761 3.38%
FORT WAYNE, IN (FHA|USDA|VA) 2 $210,000 $105,000 $2,613 3.31%
MONTGOMERY, AL (FHA|USDA|VA) 1 $205,000 $205,000 $5,665 4.00%
Branson, MO (FHA|USDA|VA) 1 $205,000 $205,000 $7,216 3.25%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,415 2.50%
Americus, GA (FHA|USDA|VA) 1 $205,000 $205,000 $6,256 2.75%
DOVER, DE (FHA|USDA|VA) 1 $205,000 $205,000 $3,931 2.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $205,000 $205,000 $6,193 3.49%
Auburn, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,819 2.88%
AMES, IA (FHA|USDA|VA) 1 $195,000 $195,000 $4,176 2.99%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $195,000 $195,000 $7,928 2.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $5,179 2.88%
Show Low, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $5,862 3.63%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $185,000 $185,000 $2,465 2.50%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $185,000 $185,000 $2,444 2.88%
Menomonie, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,554 3.63%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $175,000 $175,000 $5,648 2.63%
AKRON, OH (FHA|USDA|VA) 1 $175,000 $175,000 $6,031 3.50%
Martinsville, VA (FHA|USDA|VA) 1 $165,000 $165,000 $4,938 3.50%
TOLEDO, OH (FHA|USDA|VA) 2 $160,000 $80,000 $2,234 3.25%
Huntington, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,569 3.38%
Marion, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,387 3.49%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $155,000 $155,000 $6,950 2.63%
Huntingdon, PA (FHA|USDA|VA) 1 $155,000 $155,000 $7,762 2.88%
Grand Rapids, MN (FHA|USDA|VA) 1 $155,000 $155,000 $1,944 2.63%
Bellefontaine, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,014 3.38%
Mason City, IA (FHA|USDA|VA) 2 $150,000 $75,000 $3,022 3.63%
Thomasville, GA (FHA|USDA|VA) 1 $145,000 $145,000 $2,877 2.88%
Freeport, IL (FHA|USDA|VA) 1 $145,000 $145,000 $8,142 4.25%
ST. CLOUD, MN (FHA|USDA|VA) 1 $145,000 $145,000 $3,826 3.00%
Dublin, GA (FHA|USDA|VA) 1 $145,000 $145,000 $6,318 2.50%
WACO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,974 3.63%
Kinston, NC (FHA|USDA|VA) 1 $145,000 $145,000 $7,101 3.50%
Dayton, TN (FHA|USDA|VA) 1 $145,000 $145,000 $6,477 3.75%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $145,000 $145,000 $4,127 3.50%
Statesboro, GA (FHA|USDA|VA) 1 $135,000 $135,000 $2,867 3.50%
Fremont, OH (FHA|USDA|VA) 1 $135,000 $135,000 $8,145 2.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.88%
Coldwater, MI (FHA|USDA|VA) 1 $135,000 $135,000 $7,765 3.13%
Carroll, IA (FHA|USDA|VA) 1 $135,000 $135,000 $6,693 2.75%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $135,000 $135,000 $3,684 3.13%
West Point, MS (FHA|USDA|VA) 1 $135,000 $135,000 $4,720 2.75%
PEORIA, IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,338 2.75%
Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $6,910 2.63%
Alpena, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,886 2.38%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,061 2.99%
IOWA CITY, IA (FHA|USDA|VA) 1 $125,000 $125,000 $4,725 2.88%
Laurel, MS (FHA|USDA|VA) 1 $125,000 $125,000 $7,496 4.50%
Cornelia, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,121 2.50%
DOTHAN, AL (FHA|USDA|VA) 1 $115,000 $115,000 $1,856 2.88%
Richmond-Berea, KY (FHA|USDA|VA) 1 $115,000 $115,000 $3,363 2.99%
GREENVILLE, NC (FHA|USDA|VA) 1 $115,000 $115,000 $1,875 2.63%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $115,000 $115,000 $2,582 3.25%
North Vernon, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,535 3.50%
Mount Vernon, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,728 2.63%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $105,000 $105,000 $3,055 4.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,636 3.50%
KANKAKEE, IL (FHA|USDA|VA) 1 $95,000 $95,000 $1,563 3.50%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $95,000 $95,000 $5,628 3.50%
Bluffton, IN (FHA|USDA|VA) 1 $95,000 $95,000 $3,099 3.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $95,000 $95,000 $2,726 2.99%
Big Stone Gap, VA (FHA|USDA|VA) 1 $95,000 $95,000 $6,613 4.63%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $85,000 $85,000 $2,657 3.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $85,000 $85,000 $2,323 3.75%
Sturgis, MI (FHA|USDA|VA) 1 $75,000 $75,000 $3,834 3.63%
Burlington, IA-IL (FHA|USDA|VA) 1 $75,000 $75,000 $3,361 2.99%
Stephenville, TX (FHA|USDA|VA) 1 $75,000 $75,000 $3,217 2.88%
Ottawa, IL (FHA|USDA|VA) 1 $65,000 $65,000 $1,593 2.88%
Hannibal, MO (FHA|USDA|VA) 1 $65,000 $65,000 $3,114 3.38%
Union City, TN (FHA|USDA|VA) 1 $65,000 $65,000 $3,700 3.25%
Iron Mountain, MI-WI (FHA|USDA|VA) 1 $55,000 $55,000 $2,159 3.63%
DANVILLE, IL (FHA|USDA|VA) 1 $55,000 $55,000 $3,728 4.50%

Towne Mortgage Company's top markets include New York, Philadelphia, Phoenix, San Francisco, and Miami among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,676 $1,511,420,000 $266,283 $4,590 2.99%
FHA 1,329 $265,075,000 $199,454 $7,656 3.27%
VA 412 $110,170,000 $267,403 $6,703 2.91%
USDA 180 $28,530,000 $158,500 $5,237 3.10%

For the 2021 period, Towne Mortgage Company's most frequently originated loan type of loans were Conventional, with 5,676 originations. Their 2nd most popular type is FHA, with 1,329 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,126 $762,860,000 $244,037 $6,375 3.16%
Refi 2,651 $701,195,000 $264,502 $4,380 2.84%
Cash Out Refi 1,820 $451,140,000 $247,879 $4,691 3.10%

For the 2021, Towne Mortgage Company's most frequently cited loan purpose of loans were Home Purchase, with 3,126 originations. The 2nd most popular reason of loans were Refi, with 2,651 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,894 $1,538,550,000 $261,037 $5,675 3.15%
15 Year 980 $208,360,000 $212,612 $3,863 2.53%
20 Year 494 $118,840,000 $240,567 $4,209 2.87%
Other 121 $27,205,000 $224,835 $4,511 3.02%
10 Year 108 $22,240,000 $205,926 $3,540 2.34%

For the 2021, Towne Mortgage Company's most frequently cited loan length of loans were 30 Year, with 5,894 originations. The 2nd most popular length of loans were 15 Year, with 980 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,801 $711,305,000 $253,947
$1k-2k 1,573 $314,645,000 $200,029
$3k-4k 1,038 $255,270,000 $245,925
$2k-3k 904 $171,550,000 $189,768
$5k+ 901 $330,665,000 $366,998

$5,675 of loans were Towne Mortgage Company's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,801 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 3,487 $936,025,000 $268,433
3-4% 2,670 $597,660,000 $223,843
<2.5% 1,089 $318,505,000 $292,475
4-5% 319 $57,205,000 $179,326
5-6% 32 $5,800,000 $181,250

During 2021, Towne Mortgage Company's average interest rate of loans were 3.15%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,487 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,904 $817,350,000 $281,457 $6,089 2.99%
$100k-200k 2,661 $392,615,000 $147,544 $4,307 3.14%
$400k-600k 1,252 $600,230,000 $479,417 $6,606 2.80%
$100,000 or less 718 $57,060,000 $79,471 $3,284 3.21%
$600k-1MM 56 $38,740,000 $691,786 $7,655 2.99%
$1MM+ 6 $9,200,000 $1,533,333 $49,000 3.29%

2021 saw Towne Mortgage Company place emphasis on $200k-400k loans with 2,904 originations, totaling $817,350,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,857 $359,155,000 $193,406 $5,046 3.13%
$50k or less 1,546 $217,080,000 $140,414 $4,382 3.15%
$100k-150k 1,493 $457,265,000 $306,273 $5,811 2.96%
$75k-100k 1,322 $335,420,000 $253,722 $5,508 3.06%
$150k-250k 937 $361,415,000 $385,715 $6,043 2.85%
$250k+ 396 $174,830,000 $441,490 $6,573 2.82%

Towne Mortgage Company lent most frequently to those with incomes in the $50k-75k range, with 1,857 originations. The second most popular income band? $50k or less, with 1,546 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,650 $403,880,000 $244,776 $4,684 2.95%
30-36% 1,425 $362,065,000 $254,081 $5,143 3.04%
<20% 531 $130,955,000 $246,620 $4,474 2.83%
50-60% 371 $93,155,000 $251,092 $8,553 3.09%
44% 313 $76,545,000 $244,553 $5,441 3.12%
42% 299 $76,125,000 $254,599 $5,593 3.09%
38% 286 $75,050,000 $262,413 $5,512 3.13%
41% 285 $69,025,000 $242,193 $4,957 3.13%
39% 283 $72,735,000 $257,014 $5,089 3.10%
37% 270 $66,850,000 $247,593 $5,222 3.08%
40% 267 $70,105,000 $262,566 $5,328 3.10%
36% 262 $64,700,000 $246,947 $5,123 3.09%
43% 261 $68,625,000 $262,931 $5,488 3.09%
45% 215 $54,785,000 $254,814 $5,744 3.10%
46% 199 $55,425,000 $278,518 $5,369 3.07%
47% 191 $49,515,000 $259,241 $5,750 3.17%
48% 183 $48,655,000 $265,874 $6,418 3.12%
49% 183 $49,225,000 $268,989 $5,699 3.05%
>60% 7 $1,735,000 $247,857 $3,978 3.32%

Towne Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 1,650 originations. The next most common DTI ratio? 30-36%, with 1,425 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,698 $1,320,150,000 $231,687 $5,171 3.06%
Asian 654 $259,100,000 $396,177 $4,718 2.75%
Not provided 686 $207,800,000 $302,915 $6,008 2.99%
Black 504 $115,710,000 $229,583 $6,310 3.22%
American Indian 36 $7,870,000 $218,611 $5,071 3.28%
Native Hawaiian 16 $3,410,000 $213,125 $5,505 3.06%
Asian Indian 2 $720,000 $360,000 $3,102 2.75%
Other Pacific Islander 1 $435,000 $435,000 $2,924 3.00%

Approval Rates

Total approvals of all applications
94.59%

Towne Mortgage Company has an average approval rate.

Pick Rate

Approvals leading to origination
71.70%

Towne Mortgage Company has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 7,597 $1,915,195,000 $252,099

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
7,597 $1,915,195,000 $252,099

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 387 $95,235,000 $246,085 $3,583 2.77%
40-60% 1,267 $342,685,000 $270,470 $4,028 2.83%
60-80% 2,797 $737,455,000 $263,659 $4,907 3.05%
80-100% 3,042 $708,180,000 $232,801 $6,121 3.15%
Over 100% 69 $22,565,000 $327,029 $13,876 2.96%
Under 20% 35 $9,075,000 $259,286 $3,051 2.55%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
TOWNE MORTGAGE COMPANY Conventional home mortgage Struggling to pay mortgage 1 20.0%
TOWNE MORTGAGE COMPANY Conventional home mortgage Trouble during payment process 3 60.0%
TOWNE MORTGAGE COMPANY FHA mortgage Problem with a credit reporting company's investigation into an existing problem 1 20.0%