Hancock Mortgage Partners Rates, Fees & Info
SUGAR LAND, TXLEI: 549300RAGLSEPN0V3D13
Tax ID: 26-4461592
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Mortgage Data
Review & Overview
Hancock Mortgage Partners is a smaller mortgage company specializing in Home Purchase loans. Hancock Mortgage Partners 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: Houston, Deltona, Kingsport, Duluth, and Minneapolis among others. We have data for 140 markets. (Some data included below & more in-depth data is available with an active subscription.)Hancock Mortgage Partners 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. Hancock Mortgage Partners 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.00% | 11/25/24 |
| 30 Year Conventional Refi | 6.87% | 11/25/24 |
| 30 Year Cash-out Refi | 7.05% | 11/25/24 |
| 30 Year FHA Purchase | 7.68% | 11/25/24 |
| 30 Year FHA Refi | 7.59% | 11/25/24 |
| 30 Year VA Purchase | 6.62% | 11/25/24 |
| 30 Year VA Refi | 6.27% | 11/25/24 |
| 30 Year USDA Purchase | 7.03% | 11/25/24 |
| 15 Year Conventional Purchase | 6.01% | 11/25/24 |
| 15 Year Conventional Refi | 6.57% | 11/25/24 |
| 15 Year Cash-out Refi | 6.57% | 11/25/24 |
| 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. | ||
Hancock Mortgage Partners Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,762Origination Dollar Volume (All Markets)
$417,560,000Awards
HANCOCK MORTGAGE PARTNERS - 2021
HANCOCK MORTGAGE PARTNERS is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 199 | $52,855,000 | $265,603 | $7,330 | 3.22% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 131 | $31,615,000 | $241,336 | $6,040 | 3.24% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 135 | $26,055,000 | $193,000 | $5,683 | 3.13% |
| DULUTH, MN-WI (FHA|USDA|VA) | 131 | $25,805,000 | $196,985 | $5,060 | 3.22% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 98 | $25,600,000 | $261,224 | $4,983 | 3.03% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 59 | $23,585,000 | $399,746 | $5,597 | 3.30% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 58 | $17,740,000 | $305,862 | $8,460 | 3.14% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 90 | $17,410,000 | $193,444 | $4,318 | 3.24% |
| PANAMA CITY, FL (FHA|USDA|VA) | 64 | $15,710,000 | $245,469 | $7,860 | 3.34% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 66 | $15,440,000 | $233,939 | $7,751 | 3.28% |
| Outside of Metro Areas | 75 | $14,085,000 | $187,800 | $5,216 | 3.29% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 57 | $12,555,000 | $220,263 | $6,411 | 3.06% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 45 | $11,935,000 | $265,222 | $6,431 | 3.26% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 61 | $11,375,000 | $186,475 | $4,064 | 3.16% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 40 | $10,440,000 | $261,000 | $6,769 | 3.27% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 36 | $9,410,000 | $261,389 | $5,807 | 3.16% |
| ROCHESTER, MN (FHA|USDA|VA) | 36 | $8,360,000 | $232,222 | $5,384 | 3.06% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 25 | $8,315,000 | $332,600 | $6,790 | 3.32% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 27 | $5,955,000 | $220,556 | $6,087 | 3.34% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 21 | $5,945,000 | $283,095 | $8,183 | 3.13% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $4,255,000 | $250,294 | $7,919 | 3.19% |
| WACO, TX (FHA|USDA|VA) | 18 | $3,380,000 | $187,778 | $7,011 | 3.15% |
| Greeneville, TN (FHA|USDA|VA) | 14 | $3,020,000 | $215,714 | $5,023 | 3.01% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 15 | $2,875,000 | $191,667 | $5,196 | 3.38% |
| EL PASO, TX (FHA|USDA|VA) | 11 | $2,405,000 | $218,636 | $7,247 | 3.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $2,140,000 | $267,500 | $7,028 | 3.42% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 5 | $1,905,000 | $381,000 | $8,395 | 3.35% |
| Sturgis, MI (FHA|USDA|VA) | 10 | $1,660,000 | $166,000 | $4,080 | 3.11% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $10,203 | 3.38% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 9 | $1,445,000 | $160,556 | $4,891 | 3.28% |
| Red Wing, MN (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $5,969 | 3.20% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $4,723 | 3.44% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 6 | $1,160,000 | $193,333 | $6,131 | 3.33% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $3,369 | 2.94% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $8,151 | 3.13% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $4,461 | 3.28% |
| Seneca, SC (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $6,040 | 3.33% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $3,836 | 3.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $7,838 | 3.63% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $7,650 | 3.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $5,749 | 3.44% |
| Kerrville, TX (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $8,177 | 3.38% |
| Farmington, MO (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $6,012 | 3.25% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $6,362 | 2.94% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,824 | 3.33% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $5,048 | 3.54% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 5 | $615,000 | $123,000 | $3,904 | 3.35% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $13,227 | 3.00% |
| Palatka, FL (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $6,532 | 3.33% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,235 | 3.00% |
| Mount Sterling, KY (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $4,322 | 2.92% |
| Hutchinson, MN (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $5,428 | 3.44% |
| Huntsville, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $11,884 | 3.69% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $9,790 | 3.25% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,384 | 3.63% |
| Big Stone Gap, VA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $3,292 | 3.17% |
| Grand Rapids, MN (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $7,458 | 3.94% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $11,780 | 3.94% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,898 | 3.25% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,608 | 3.13% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $6,075 | 3.75% |
| ROME, GA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,840 | 3.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $11,666 | 2.75% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $8,174 | 3.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,646 | 3.06% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $8,682 | 2.94% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,842 | 3.50% |
| Menomonie, WI (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,978 | 3.69% |
| Richmond-Berea, KY (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $6,606 | 3.38% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $8,907 | 3.44% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $6,142 | 3.06% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $7,077 | 3.50% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,704 | 3.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $9,148 | 3.88% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,466 | 3.13% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $18,531 | 2.75% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,142 | 3.25% |
| Greenwood, SC (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $5,558 | 3.19% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,032 | 3.88% |
| Brainerd, MN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,576 | 3.69% |
| Crossville, TN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,730 | 3.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,701 | 3.50% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $9,623 | 3.00% |
| Corsicana, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $6,021 | 3.25% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,835 | 2.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,889 | 3.19% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,233 | 3.38% |
| OCALA, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $6,967 | 3.44% |
| Austin, MN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $13,145 | 3.25% |
| Athens, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,696 | 3.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,904 | 3.50% |
| FLINT, MI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,916 | 3.88% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,921 | 2.75% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,397 | 2.38% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,864 | 3.25% |
| Waycross, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,373 | 3.00% |
| Winona, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,491 | 3.38% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,866 | 2.88% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,232 | 3.50% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,304 | 3.50% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,571 | 2.88% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,522 | 2.50% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,274 | 3.00% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,194 | 3.50% |
| Fergus Falls, MN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $5,560 | 3.50% |
| El Campo, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,019 | 2.88% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,391 | 2.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,514 | 4.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,978 | 3.25% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,859 | 3.75% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,130 | 3.38% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,460 | 2.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,518 | 3.25% |
| Danville, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,149 | 3.25% |
| Tifton, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,750 | 4.13% |
| Holland, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,507 | 3.25% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,268 | 3.38% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,819 | 3.25% |
| Shelby, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,996 | 3.25% |
| Pampa, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,615 | 3.25% |
| FARGO, ND-MN (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $2,102 | 3.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,765 | 3.25% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,115 | 3.63% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,496 | 3.25% |
| Jesup, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,502 | 3.25% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,918 | 3.13% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,666 | 2.88% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,182 | 2.50% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,850 | 3.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,125 | 3.25% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,552 | 3.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,994 | 3.50% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,818 | 2.75% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $1,792 | 1.81% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,054 | 3.50% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,666 | 3.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,773 | 3.63% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,157 | 2.63% |
| Platteville, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,848 | 3.88% |
| Willmar, MN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $3,629 | 3.88% |
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Product Mix
For 2021, Hancock Mortgage Partners's most frequently originated type of loan was Conventional, with 1,213 originations. Their 2nd most popular type was FHA, with 295 originations.
Loan Reason
For 2021, Hancock Mortgage Partners's most frequently cited loan purpose was Home Purchase, with 1,158 originations. The 2nd most popular reason was Refi, with 328 originations.
Loan Duration/Length
For 2021, Hancock Mortgage Partners's most frequently cited loan duration was 30 Year, with 1,600 originations. The 2nd most popular length was 15 Year, with 76 originations.
Origination Fees/Closing Costs
Hancock Mortgage Partners's average total fees were $6,240, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 639 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,120 | $264,980,000 | $236,589 |
| 2.5-3% | 476 | $115,000,000 | $241,597 |
| <2.5% | 99 | $24,015,000 | $242,576 |
| 4-5% | 67 | $13,565,000 | $202,463 |
During 2021, Hancock Mortgage Partners's average interest rate for loans was 3.25%, while their most frequently originated rate bucket for loans was 3-4%, with 1,120 originations.
Loan Sizing
2021 saw Hancock Mortgage Partners place emphasis on $200k-400k loans with 879 originations, totaling $243,275,000 in origination value.
Applicant Income
Hancock Mortgage Partners lent most frequently to those with incomes in the $50k-75k range, with 482 originations. The second most popular income band? $100k-150k, with 363 originations.
Applicant Debt to Income Ratio
Hancock Mortgage Partners lent most frequently to those with DTI ratios of 20-30%, with 1 originations. The next most common DTI ratio? 40%, with 1 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.40%
Hancock Mortgage Partners has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination68.39%
Hancock Mortgage Partners has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,762 | $417,560,000 | $236,981 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 80-100% | 5 | $1,395,000 | $279,000 | $6,931 | 3.20% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| HANCOCK WHITNEY BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 42.9% |
| HANCOCK WHITNEY BANK | Conventional home mortgage | Closing on a mortgage | 1 | 14.3% |
| HANCOCK WHITNEY BANK | Conventional home mortgage | Trouble during payment process | 1 | 14.3% |
| HANCOCK WHITNEY BANK | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 14.3% |
| HANCOCK WHITNEY BANK | Other type of mortgage | Trouble during payment process | 1 | 14.3% |