Guidance Residential Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 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 and Refi loans. Guidance Residential has a high proportion of conventional loans. Their top markets by origination volume include: New York, Seattle, Washington, Houston, and Chicago among others. We have data for 165 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% | 12/16/24 |
30 Year Conventional Refi | 6.57% | 12/16/24 |
30 Year Cash-out Refi | 6.81% | 12/16/24 |
15 Year Conventional Purchase | 6.14% | 12/16/24 |
15 Year Conventional Refi | 6.13% | 12/16/24 |
15 Year Cash-out Refi | 6.13% | 12/16/24 |
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
2,473Origination Dollar Volume (All Markets)
$705,355,000Top 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) | 266 | $104,680,000 | $393,534 | $7,212 | 4.37% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 140 | $54,330,000 | $388,071 | $5,517 | 4.37% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 154 | $53,690,000 | $348,636 | $5,027 | 4.26% |
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 148 | $36,750,000 | $248,311 | $5,398 | 4.19% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 149 | $35,395,000 | $237,550 | $4,794 | 4.26% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 106 | $30,390,000 | $286,698 | $5,373 | 4.12% |
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 79 | $30,035,000 | $380,190 | $4,162 | 4.42% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 87 | $23,215,000 | $266,839 | $4,523 | 4.55% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 84 | $20,000,000 | $238,095 | $3,914 | 4.40% |
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 94 | $17,040,000 | $181,277 | $3,714 | 4.32% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 23 | $11,725,000 | $509,783 | $5,155 | 4.34% |
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 19 | $11,385,000 | $599,211 | $4,952 | 4.21% |
COLUMBUS, OH (FHA|USDA|VA) | 53 | $11,055,000 | $208,585 | $4,022 | 4.35% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 50 | $11,050,000 | $221,000 | $4,882 | 4.34% |
RALEIGH-CARY, NC (FHA|USDA|VA) | 41 | $10,965,000 | $267,439 | $3,645 | 4.31% |
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 41 | $10,765,000 | $262,561 | $4,986 | 4.21% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 45 | $10,645,000 | $236,556 | $4,283 | 4.39% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 40 | $9,770,000 | $244,250 | $4,616 | 4.31% |
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 29 | $9,185,000 | $316,724 | $5,958 | 4.06% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 18 | $9,000,000 | $500,000 | $5,816 | 4.24% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 33 | $8,735,000 | $264,697 | $5,131 | 4.36% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 24 | $8,240,000 | $343,333 | $4,150 | 4.39% |
WORCESTER, MA-CT (FHA|USDA|VA) | 21 | $7,945,000 | $378,333 | $3,563 | 4.22% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 30 | $7,110,000 | $237,000 | $4,925 | 4.23% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 12 | $5,850,000 | $487,500 | $6,276 | 4.36% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 23 | $5,445,000 | $236,739 | $3,901 | 4.33% |
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 21 | $5,405,000 | $257,381 | $3,267 | 4.06% |
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 22 | $5,160,000 | $234,545 | $4,147 | 4.43% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 27 | $5,145,000 | $190,556 | $3,612 | 4.48% |
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 17 | $4,935,000 | $290,294 | $4,574 | 4.28% |
LOUISVILLE, KY (FHA|USDA|VA) | 25 | $4,665,000 | $186,600 | $3,711 | 4.93% |
STOCKTON, CA (FHA|USDA|VA) | 19 | $4,625,000 | $243,421 | $3,998 | 4.81% |
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 16 | $4,450,000 | $278,125 | $5,212 | 4.27% |
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 17 | $4,445,000 | $261,471 | $4,858 | 4.38% |
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 19 | $4,405,000 | $231,842 | $4,764 | 4.26% |
RICHMOND, VA (FHA|USDA|VA) | 15 | $4,145,000 | $276,333 | $5,604 | 4.42% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 12 | $4,080,000 | $340,000 | $4,745 | 4.53% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 11 | $4,005,000 | $364,091 | $6,344 | 4.11% |
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 26 | $3,380,000 | $130,000 | $5,127 | 4.76% |
TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 11 | $3,375,000 | $306,818 | $6,183 | 3.97% |
ROCHESTER, MN (FHA|USDA|VA) | 13 | $3,025,000 | $232,692 | $3,932 | 4.63% |
KANSAS CITY, MO-KS (FHA|USDA|VA) | 11 | $2,945,000 | $267,727 | $3,458 | 4.07% |
FRESNO, CA (FHA|USDA|VA) | 7 | $2,685,000 | $383,571 | $4,992 | 4.09% |
PITTSBURGH, PA (FHA|USDA|VA) | 9 | $2,585,000 | $287,222 | $5,745 | 4.68% |
JACKSONVILLE, FL (FHA|USDA|VA) | 8 | $2,480,000 | $310,000 | $4,119 | 4.31% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 12 | $2,460,000 | $205,000 | $4,077 | 4.61% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 12 | $2,410,000 | $200,833 | $3,921 | 3.97% |
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 14 | $2,180,000 | $155,714 | $4,658 | 4.61% |
CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 8 | $2,160,000 | $270,000 | $4,438 | 4.89% |
SPRINGFIELD, MA (FHA|USDA|VA) | 8 | $2,130,000 | $266,250 | $3,722 | 4.63% |
PANAMA CITY, FL (FHA|USDA|VA) | 6 | $2,090,000 | $348,333 | $5,117 | 4.06% |
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 9 | $1,995,000 | $221,667 | $4,231 | 4.40% |
CHATTANOOGA, TN-GA (FHA|USDA|VA) | 8 | $1,980,000 | $247,500 | $4,556 | 3.92% |
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 7 | $1,755,000 | $250,714 | $4,015 | 4.05% |
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 8 | $1,730,000 | $216,250 | $5,411 | 4.23% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 7 | $1,685,000 | $240,714 | $4,511 | 4.34% |
ANN ARBOR, MI (FHA|USDA|VA) | 7 | $1,685,000 | $240,714 | $3,580 | 4.71% |
ST. LOUIS, MO-IL (FHA|USDA|VA) | 6 | $1,680,000 | $280,000 | $4,112 | 4.10% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 8 | $1,600,000 | $200,000 | $3,654 | 4.42% |
ST. CLOUD, MN (FHA|USDA|VA) | 9 | $1,545,000 | $171,667 | $3,916 | 4.61% |
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $5,673 | 4.54% |
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $4,105 | 4.20% |
FLINT, MI (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $3,584 | 3.65% |
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $4,324 | 4.75% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $3,486 | 4.42% |
FORT WAYNE, IN (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $3,702 | 3.67% |
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 8 | $1,030,000 | $128,750 | $4,475 | 3.50% |
NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $4,153 | 3.94% |
GAINESVILLE, FL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $4,601 | 4.50% |
WICHITA, KS (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $3,202 | 4.22% |
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $4,442 | 4.16% |
TALLAHASSEE, FL (FHA|USDA|VA) | 6 | $890,000 | $148,333 | $3,583 | 4.04% |
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 6 | $860,000 | $143,333 | $3,446 | 4.19% |
BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $3,308 | 5.00% |
KNOXVILLE, TN (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $4,642 | 4.00% |
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $4,540 | 3.94% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $4,171 | 4.06% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $4,462 | 3.81% |
MADISON, WI (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $4,082 | 4.08% |
ROCHESTER, NY (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $3,809 | 4.42% |
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $3,640 | 4.17% |
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,359 | 4.17% |
TOLEDO, OH (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $4,467 | 3.75% |
LANSING-EAST LANSING, MI (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $3,355 | 3.97% |
PEORIA, IL (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $2,929 | 4.66% |
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $4,016 | 4.00% |
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,178 | 3.94% |
ERIE, PA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $5,167 | 3.63% |
BOWLING GREEN, KY (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $3,828 | 4.72% |
COLUMBIA, SC (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $3,413 | 4.04% |
ROCKFORD, IL (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $2,947 | 3.75% |
COLUMBIA, MO (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $2,981 | 3.63% |
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,007 | 4.50% |
Outside of Metro Areas | 2 | $470,000 | $235,000 | $4,365 | 3.81% |
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $4,791 | 5.25% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,550 | 4.81% |
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $3,857 | 5.28% |
MODESTO, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,939 | 4.25% |
JONESBORO, AR (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $3,127 | 3.96% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,149 | 3.31% |
TUCSON, AZ (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,623 | 3.63% |
BOULDER, CO (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $7,910 | 4.50% |
ROCKY MOUNT, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,264 | 4.94% |
NILES, MI (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,688 | 3.50% |
AKRON, OH (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,661 | 4.44% |
SALINAS, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $1 | 6.38% |
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,528 | 4.88% |
JACKSON, MS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,519 | 5.50% |
MORGANTOWN, WV (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,336 | 4.06% |
SYRACUSE, NY (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $4,924 | 4.58% |
Key West, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,666 | 5.25% |
SPRINGFIELD, IL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,613 | 3.88% |
SPARTANBURG, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,379 | 4.00% |
CHARLESTON, WV (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,762 | 4.00% |
VALLEJO, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,724 | 3.88% |
GREENVILLE, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,273 | 3.63% |
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $3,322 | 4.21% |
Ukiah, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,712 | 4.50% |
KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,211 | 5.38% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,834 | 5.63% |
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,532 | 4.13% |
LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,366 | 3.38% |
HARRISONBURG, VA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,048 | 4.75% |
COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,104 | 4.75% |
DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,326 | 4.75% |
EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,818 | 3.88% |
Toccoa, GA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,100 | 3.94% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,013 | 3.88% |
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,545 | 5.25% |
COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,206 | 3.25% |
Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,002 | 4.50% |
MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,046 | 3.25% |
HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $2,880 | 4.00% |
ALBANY, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,971 | 4.75% |
LANCASTER, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,885 | 4.00% |
FORT COLLINS, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,671 | 4.50% |
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,121 | 4.13% |
WACO, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,825 | 4.00% |
Shelbyville, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,570 | 5.63% |
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,367 | 3.25% |
Starkville, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,472 | 3.38% |
Tupelo, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,442 | 4.38% |
Cullman, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,511 | 4.13% |
WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $3,543 | 5.69% |
OCALA, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,390 | 3.50% |
MANKATO, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,890 | 5.25% |
BELLINGHAM, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,203 | 5.00% |
PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,809 | 3.50% |
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,681 | 5.50% |
AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,305 | 4.00% |
CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,318 | 4.25% |
Pottsville, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,253 | 4.00% |
TYLER, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,456 | 3.25% |
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,848 | 3.88% |
Hudson, NY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,775 | 4.00% |
MOBILE, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,111 | 3.88% |
DOTHAN, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,453 | 5.00% |
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,173 | 5.25% |
EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,162 | 3.25% |
BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,704 | 4.25% |
MONTGOMERY, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,187 | 4.75% |
KINGSTON, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,488 | 3.25% |
UTICA-ROME, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,876 | 4.38% |
SAVANNAH, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,020 | 3.75% |
Statesboro, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,854 | 3.75% |
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.
Similarity Rank: 26
Similarity Rank: 48
Similarity Rank: 56
Similarity Rank: 64
Similarity Rank: 80
Similarity Rank: 96
Similarity Rank: 104
Similarity Rank: 116
Similarity Rank: 120
Similarity Rank: 122
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 2,473 | $705,355,000 | $285,222 | $4,910 | 4.32% |
For 2019, Guidance Residential's most frequently originated type of loan was Conventional, with 2,473 originations.
Loan Reason
For 2019, Guidance Residential's most frequently cited loan purpose was Home Purchase, with 1,803 originations. The 2nd most popular reason was Refi, with 518 originations.
Loan Duration/Length
For 2019, Guidance Residential's most frequently cited loan duration was 30 Year, with 1,615 originations. The 2nd most popular length was 15 Year, with 732 originations.
Origination Fees/Closing Costs
Guidance Residential's average total fees were $5,166, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,203 originations.
Interest Rates
During 2019, Guidance Residential's average interest rate for loans was 4.61%, while their most frequently originated rate bucket for loans was 4-5%, with 1,083 originations.
Loan Sizing
2019 saw Guidance Residential place emphasis on $200k-400k loans with 1,197 originations, totaling $345,355,000 in origination value.
Applicant Income
Guidance Residential lent most frequently to those with incomes in the $100k-150k range, with 663 originations. The second most popular income band? $50k-75k, with 486 originations.
Applicant Debt to Income Ratio
Guidance Residential lent most frequently to those with DTI ratios of 20-30%, with 462 originations. The next most common DTI ratio? 30-36%, with 438 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.22%
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 origination57.78%
Guidance Residential 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 | 2,473 | $705,355,000 | $285,222 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Single Family (1-4 Units):Site-Built | 2,473 | $705,355,000 | $285,222 |
LTV Distribution
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
GUIDANCE RESIDENTIAL, LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |