Guidance Residential Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300RD5IG88VPO6P22

Tax ID: 52-2323186

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

Jump to:

Mortgage Data

Review & Overview

Guidance Residential is a smaller mortgage company specializing in Home Purchase loans. Guidance Residential has a high proportion of conventional loans. Their top markets by origination volume include: New York, Seattle, Chicago, Dallas, and Washington among others. We have data for 128 markets. (Some data included below & more in-depth data is available with an active subscription.)

Guidance Residential 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. Guidance Residential 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.

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 6.78% 4/21/24
30 Year Conventional Refi 6.57% 4/21/24
30 Year Cash-out Refi 6.81% 4/21/24
15 Year Conventional Purchase 6.14% 4/21/24
15 Year Conventional Refi 6.13% 4/21/24
15 Year Cash-out Refi 6.13% 4/21/24
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.

Guidance Residential Mortgage Calculator






Your Estimates

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

This is not an official calculator from Guidance Residential. 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

1,924

Origination Dollar Volume (All Markets)

$526,690,000

Awards

GUIDANCE RESIDENTIAL 30 Year Conventional Loans bronze
Show all (1) 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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 244 $92,820,000 $380,410 $7,346 4.93%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 125 $50,675,000 $405,400 $5,513 4.90%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 147 $35,915,000 $244,320 $5,420 4.95%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 111 $30,795,000 $277,432 $5,323 4.81%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 80 $25,890,000 $323,625 $4,803 4.95%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 114 $25,410,000 $222,895 $4,069 5.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 60 $19,910,000 $331,833 $4,205 5.04%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 83 $19,725,000 $237,651 $4,483 5.10%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 73 $14,295,000 $195,822 $4,846 4.86%
RALEIGH-CARY, NC (FHA|USDA|VA) 49 $12,185,000 $248,673 $3,614 5.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 49 $11,075,000 $226,020 $4,541 4.97%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 46 $10,620,000 $230,870 $4,477 4.87%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 42 $9,710,000 $231,190 $4,852 4.90%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 22 $9,130,000 $415,000 $5,701 4.87%
COLUMBUS, OH (FHA|USDA|VA) 51 $8,675,000 $170,098 $3,756 4.85%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 45 $8,425,000 $187,222 $4,145 5.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 22 $7,490,000 $340,455 $4,545 4.93%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 16 $7,160,000 $447,500 $4,673 4.96%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 12 $6,780,000 $565,000 $4,295 4.74%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 26 $6,490,000 $249,615 $4,272 4.91%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 25 $6,475,000 $259,000 $5,038 4.79%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 17 $5,735,000 $337,353 $4,926 5.07%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 21 $4,555,000 $216,905 $4,035 5.02%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 18 $4,130,000 $229,444 $5,523 4.98%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 17 $4,065,000 $239,118 $5,498 4.93%
KANSAS CITY, MO-KS (FHA|USDA|VA) 13 $3,975,000 $305,769 $2,965 4.70%
LOUISVILLE, KY (FHA|USDA|VA) 23 $3,905,000 $169,783 $3,250 4.96%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 17 $3,535,000 $207,941 $3,886 5.04%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 13 $3,285,000 $252,692 $4,655 4.73%
WORCESTER, MA-CT (FHA|USDA|VA) 11 $3,255,000 $295,909 $4,072 4.94%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $3,120,000 $520,000 $6,644 4.96%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 10 $3,050,000 $305,000 $5,005 4.95%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 15 $2,945,000 $196,333 $4,516 4.86%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 15 $2,675,000 $178,333 $5,282 4.82%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 13 $2,625,000 $201,923 $4,318 4.77%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 11 $2,535,000 $230,455 $3,480 4.81%
PITTSBURGH, PA (FHA|USDA|VA) 9 $2,205,000 $245,000 $5,052 4.64%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $2,195,000 $243,889 $4,813 4.76%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 9 $2,075,000 $230,556 $4,128 4.64%
RICHMOND, VA (FHA|USDA|VA) 8 $2,060,000 $257,500 $4,113 4.86%
ROCHESTER, MN (FHA|USDA|VA) 8 $1,960,000 $245,000 $4,515 5.08%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 7 $1,925,000 $275,000 $5,534 4.77%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 9 $1,925,000 $213,889 $6,187 4.47%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 10 $1,920,000 $192,000 $4,233 4.98%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,905,000 $381,000 $5,782 5.18%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 15 $1,875,000 $125,000 $3,865 5.08%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 6 $1,450,000 $241,667 $4,718 5.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 8 $1,240,000 $155,000 $3,758 4.69%
ST. CLOUD, MN (FHA|USDA|VA) 8 $1,190,000 $148,750 $3,689 5.17%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,165,000 $233,000 $3,403 4.55%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $1,015,000 $203,000 $3,871 5.00%
FLINT, MI (FHA|USDA|VA) 5 $985,000 $197,000 $3,236 4.83%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 6 $920,000 $153,333 $4,273 5.29%
WICHITA, KS (FHA|USDA|VA) 5 $915,000 $183,000 $4,212 4.95%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $890,000 $222,500 $5,573 4.47%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $875,000 $291,667 $3,783 5.04%
MADISON, WI (FHA|USDA|VA) 3 $805,000 $268,333 $6,428 4.58%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $780,000 $195,000 $3,949 5.06%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $685,000 $228,333 $4,000 5.13%
COLUMBIA, SC (FHA|USDA|VA) 2 $670,000 $335,000 $3,722 5.13%
DOTHAN, AL (FHA|USDA|VA) 4 $630,000 $157,500 $3,490 4.69%
SYRACUSE, NY (FHA|USDA|VA) 3 $625,000 $208,333 $5,289 4.58%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $595,000 $198,333 $3,892 4.58%
ROCKFORD, IL (FHA|USDA|VA) 3 $585,000 $195,000 $4,847 4.75%
TOLEDO, OH (FHA|USDA|VA) 2 $580,000 $290,000 $3,646 4.31%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $580,000 $290,000 $4,344 4.94%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $555,000 $111,000 $3,633 4.75%
SPRINGFIELD, MA (FHA|USDA|VA) 3 $535,000 $178,333 $4,405 4.83%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $530,000 $265,000 $2,758 5.44%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $515,000 $171,667 $3,967 4.79%
VALLEJO, CA (FHA|USDA|VA) 2 $510,000 $255,000 $5,213 4.81%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $485,000 $161,667 $3,595 4.83%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $485,000 $161,667 $4,840 5.29%
KNOXVILLE, TN (FHA|USDA|VA) 2 $480,000 $240,000 $4,512 5.06%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $455,000 $455,000 $3,501 4.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $455,000 $455,000 $5,090 4.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $430,000 $215,000 $3,404 4.44%
LIMA, OH (FHA|USDA|VA) 1 $425,000 $425,000 $4,187 4.25%
VISALIA, CA (FHA|USDA|VA) 1 $425,000 $425,000 $5,521 4.13%
MERCED, CA (FHA|USDA|VA) 2 $410,000 $205,000 $4,229 5.38%
PANAMA CITY, FL (FHA|USDA|VA) 2 $410,000 $205,000 $4,266 4.25%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $400,000 $200,000 $3,781 5.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $370,000 $185,000 $4,723 4.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $350,000 $175,000 $5,473 4.44%
EL PASO, TX (FHA|USDA|VA) 2 $310,000 $155,000 $3,344 5.00%
Torrington, CT (FHA|USDA|VA) 1 $305,000 $305,000 $4,938 5.00%
HARRISONBURG, VA (FHA|USDA|VA) 2 $300,000 $150,000 $2,083 5.19%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $295,000 $295,000 $4,765 4.38%
ROCHESTER, NY (FHA|USDA|VA) 2 $290,000 $145,000 $4,639 5.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $285,000 $285,000 $5,240 5.25%
Outside of Metro Areas 2 $280,000 $140,000 $4,273 4.94%
AKRON, OH (FHA|USDA|VA) 1 $265,000 $265,000 $3,386 5.25%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $265,000 $265,000 $3,669 5.00%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $260,000 $130,000 $3,569 4.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $255,000 $255,000 $5,655 5.75%
ANN ARBOR, MI (FHA|USDA|VA) 1 $245,000 $245,000 $3,767 5.25%
SAGINAW, MI (FHA|USDA|VA) 1 $235,000 $235,000 $2,820 5.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,444 5.13%
Sunbury, PA (FHA|USDA|VA) 1 $225,000 $225,000 $5,476 4.75%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $215,000 $215,000 $3,462 4.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $210,000 $105,000 $4,461 5.00%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $205,000 $205,000 $4,562 4.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,430 4.50%
GREENVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,181 5.00%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $5,540 6.00%
YUMA, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $2,913 5.13%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $175,000 $175,000 $2,662 5.38%
UTICA-ROME, NY (FHA|USDA|VA) 1 $175,000 $175,000 $6,251 3.75%
NEW BERN, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,753 4.25%
FARGO, ND-MN (FHA|USDA|VA) 1 $165,000 $165,000 $3,294 5.63%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,235 4.88%
SAN ANGELO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,614 4.50%
Traverse City, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,662 4.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,657 4.88%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $3,573 6.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $135,000 $135,000 $5,276 4.38%
LANCASTER, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,687 4.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,385 5.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $115,000 $115,000 $5,336 5.50%
KINGSTON, NY (FHA|USDA|VA) 1 $105,000 $105,000 $6,320 4.75%
GAINESVILLE, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,386 5.13%
BELLINGHAM, WA (FHA|USDA|VA) 1 $95,000 $95,000 $4,305 5.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,551 4.88%
SPARTANBURG, SC (FHA|USDA|VA) 1 $75,000 $75,000 $3,524 4.75%
Hudson, NY (FHA|USDA|VA) 1 $75,000 $75,000 $5,788 5.38%
Klamath Falls, OR (FHA|USDA|VA) 1 $75,000 $75,000 $2,388 4.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $65,000 $65,000 $3,986 4.75%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $65,000 $65,000 $3,682 5.13%
Guidance Residential's top markets include New York, Seattle, Chicago, Dallas, and Washington among others.

Their top states include:
  • New York (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Similar Lenders

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

    SANTA CLARA COUNTY
    Similarity Rank: 20
    Westport Federal Credit Union
    Similarity Rank: 23
    POLISH NATIONAL
    Similarity Rank: 48
    N C P D Federal Credit Union
    Similarity Rank: 55
    MYPOINT Credit Union
    Similarity Rank: 55
    PAWTUCKET
    Similarity Rank: 60
    McCoy Federal Credit Union
    Similarity Rank: 60
    Iron Workers Savings Bank
    Similarity Rank: 63

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,924 $526,690,000 $273,747 $4,982 4.93%

    For 2018, Guidance Residential's most frequently originated type of loan was Conventional, with 1,924 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,677 $463,495,000 $276,383 $5,050 4.96%
    Refi 146 $34,390,000 $235,548 $4,061 4.48%
    Cash Out Refi 101 $28,805,000 $285,198 $5,180 5.02%

    For 2018, Guidance Residential's most frequently cited loan purpose was Home Purchase, with 1,677 originations. The 2nd most popular reason was Refi, with 146 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,462 $415,500,000 $284,200 $5,058 5.07%
    15 Year 322 $77,160,000 $239,627 $4,777 4.32%
    20 Year 140 $34,030,000 $243,071 $4,667 4.83%

    For 2018, Guidance Residential's most frequently cited loan duration was 30 Year, with 1,462 originations. The 2nd most popular length was 15 Year, with 322 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 893 $220,495,000 $246,915
    $2k-3k 434 $109,690,000 $252,742
    $3k-4k 179 $55,675,000 $311,034
    $<1k 177 $49,965,000 $282,288
    $5k+ 105 $43,395,000 $413,286
    $4k-5k 85 $29,575,000 $347,941

    Guidance Residential's average total fees were $5,058, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 893 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,104 $301,150,000 $272,781
    5-6% 709 $197,355,000 $278,357
    3-4% 73 $18,535,000 $253,904
    6-7% 38 $9,650,000 $253,947

    During 2018, Guidance Residential's average interest rate for loans was 5.07%, while their most frequently originated rate bucket for loans was 4-5%, with 1,104 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 876 $252,950,000 $288,756 $4,999 4.92%
    $100k-200k 595 $91,125,000 $153,151 $4,169 4.91%
    $400k-600k 302 $140,110,000 $463,940 $6,419 4.97%
    $100,000 or less 100 $8,350,000 $83,500 $3,812 4.91%
    $600k-1MM 51 $34,155,000 $669,706 $8,067 4.93%

    2018 saw Guidance Residential place emphasis on $200k-400k loans with 876 originations, totaling $252,950,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 498 $168,270,000 $337,892 $5,568 4.93%
    $50k-75k 394 $89,120,000 $226,193 $4,667 4.95%
    $50k or less 349 $53,505,000 $153,309 $3,984 4.95%
    $75k-100k 348 $96,210,000 $276,466 $4,929 4.95%
    $150k-250k 239 $88,215,000 $369,100 $5,683 4.86%
    $250k+ 95 $31,065,000 $327,000 $5,328 4.80%

    Guidance Residential lent most frequently to those with incomes in the $100k-150k range, with 498 originations. The second most popular income band? $50k-75k, with 394 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 327 $83,355,000 $254,908 $4,870 4.79%
    30-36% 283 $79,605,000 $281,290 $4,863 4.91%
    49% 151 $40,495,000 $268,179 $4,901 4.90%
    44% 120 $34,380,000 $286,500 $5,594 5.05%
    <20% 117 $25,785,000 $220,385 $4,320 4.68%
    47% 97 $29,705,000 $306,237 $5,318 4.91%
    43% 93 $27,535,000 $296,075 $5,158 5.06%
    42% 90 $25,230,000 $280,333 $4,664 5.13%
    40% 89 $24,125,000 $271,067 $4,983 5.03%
    48% 85 $23,065,000 $271,353 $5,373 4.91%
    41% 81 $22,015,000 $271,790 $4,936 5.07%
    45% 79 $22,815,000 $288,797 $5,279 4.98%
    46% 74 $20,760,000 $280,541 $5,190 4.96%
    39% 67 $16,805,000 $250,821 $4,991 4.94%
    38% 60 $16,010,000 $266,833 $5,069 5.01%
    36% 57 $16,905,000 $296,579 $5,016 4.89%
    37% 52 $17,660,000 $339,615 $4,813 5.06%
    50-60% 2 $440,000 $220,000 $5,522 4.63%

    Guidance Residential lent most frequently to those with DTI ratios of 20-30%, with 327 originations. The next most common DTI ratio? 30-36%, with 283 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 919 $257,375,000 $280,060 $5,192 4.89%
    White 603 $160,325,000 $265,879 $4,750 4.94%
    Black 301 $74,675,000 $248,090 $4,650 5.02%
    Not provided 90 $31,050,000 $345,000 $5,422 4.98%
    Asian Indian 9 $2,725,000 $302,778 $5,945 4.64%
    Native Hawaiian or Islander 1 $455,000 $455,000 $7,123 5.13%
    Other Asian 1 $85,000 $85,000 $2,924 5.25%

    Approval Rates

    Total approvals of all applications
    95.71%

    Guidance Residential 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
    88.93%

    Guidance Residential has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,924 $526,690,000 $273,747

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 1,924 $526,690,000 $273,747

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 56 $11,780,000 $210,357 $4,238 4.57%
    40-60% 182 $45,720,000 $251,209 $4,995 4.61%
    60-80% 806 $223,540,000 $277,345 $5,059 4.83%
    80-100% 875 $245,115,000 $280,131 $4,960 5.10%
    Under 20% 5 $535,000 $107,000 $4,444 4.63%