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

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%	4/18/24
30 Year Conventional Refi	6.57%	4/18/24
30 Year Cash-out Refi	6.81%	4/18/24
15 Year Conventional Purchase	6.14%	4/18/24
15 Year Conventional Refi	6.13%	4/18/24
15 Year Cash-out Refi	6.13%	4/18/24
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

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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

2,473

Origination Dollar Volume (All Markets)

$705,355,000

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
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%

Guidance Residential's top markets include New York, Seattle, Washington, Houston, and Chicago among others.

Their top states include:

New York (FHA|USDA|VA)

Texas (FHA|USDA|VA)

California (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Massachusetts (FHA|USDA|VA)

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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

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,803	$515,195,000	$285,743	$5,168	4.47%
Refi	518	$153,490,000	$296,313	$4,193	3.79%
Cash Out Refi	152	$36,670,000	$241,250	$4,297	4.47%

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

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	1,615	$479,075,000	$296,641	$5,166	4.61%
15 Year	732	$189,480,000	$258,852	$4,364	3.72%
20 Year	126	$36,800,000	$292,063	$4,797	4.24%

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

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	1,203	$306,885,000	$255,100
$2k-3k	566	$157,290,000	$277,898
$<1k	233	$71,105,000	$305,172
$3k-4k	227	$77,805,000	$342,753
$5k+	131	$55,665,000	$424,924
$4k-5k	113	$36,605,000	$323,938

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

Loan Rate	Originations	Total Value	Average Loan
4-5%	1,083	$312,605,000	$288,647
3-4%	1,047	$304,315,000	$290,654
5-6%	304	$80,180,000	$263,750
6-7%	26	$5,370,000	$206,538
2.5-3%	12	$2,670,000	$222,500
<2.5%	1	$215,000	$215,000

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

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,197	$345,355,000	$288,517	$4,886	4.27%
$100k-200k	653	$100,195,000	$153,438	$4,071	4.39%
$400k-600k	427	$200,195,000	$468,841	$6,017	4.29%
$100,000 or less	124	$10,130,000	$81,694	$3,841	4.53%
$600k-1MM	71	$48,425,000	$682,042	$8,114	4.51%
$1MM+	1	$1,055,000	$1,055,000	$13,520	5.63%

2019 saw Guidance Residential place emphasis on $200k-400k loans with 1,197 originations, totaling $345,355,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	663	$217,215,000	$327,624	$5,178	4.24%
$50k-75k	486	$115,370,000	$237,387	$4,580	4.47%
$75k-100k	431	$121,775,000	$282,541	$5,117	4.37%
$150k-250k	365	$136,265,000	$373,329	$5,433	4.18%
$50k or less	356	$54,830,000	$154,017	$4,054	4.46%
$250k+	162	$57,440,000	$354,568	$5,015	4.15%

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

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	462	$132,210,000	$286,169	$4,789	4.17%
30-36%	438	$128,230,000	$292,763	$4,952	4.24%
<20%	213	$54,245,000	$254,671	$4,279	3.99%
44%	126	$37,910,000	$300,873	$5,180	4.67%
49%	123	$34,405,000	$279,715	$4,861	4.54%
41%	119	$34,765,000	$292,143	$5,297	4.43%
43%	118	$31,310,000	$265,339	$4,968	4.57%
42%	103	$31,195,000	$302,864	$5,092	4.38%
39%	103	$29,395,000	$285,388	$4,777	4.40%
45%	102	$30,170,000	$295,784	$5,106	4.49%
40%	91	$25,335,000	$278,407	$5,032	4.50%
48%	84	$24,110,000	$287,024	$4,892	4.47%
47%	81	$23,255,000	$287,099	$5,077	4.29%
46%	80	$23,420,000	$292,750	$5,273	4.43%
38%	80	$22,980,000	$287,250	$5,049	4.39%
37%	76	$20,780,000	$273,421	$4,864	4.39%
36%	73	$21,445,000	$293,767	$5,010	4.28%
50-60%	1	$195,000	$195,000	$3,763	4.00%

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

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Asian	1,194	$348,870,000	$292,186	$5,160	4.30%
White	796	$223,290,000	$280,515	$4,720	4.27%
Black	385	$100,205,000	$260,273	$4,565	4.52%
Not provided	96	$32,610,000	$339,688	$4,792	4.31%
Native Hawaiian or Islander	2	$380,000	$190,000	$3,069	4.50%

Approval Rates

Total approvals of all applications
96.22%

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 origination
57.78%

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

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	63	$13,705,000	$217,540	$4,126	3.94%
40-60%	255	$67,175,000	$263,431	$4,546	3.92%
60-80%	1,014	$291,240,000	$287,219	$4,885	4.22%
80-100%	1,135	$332,665,000	$293,097	$5,065	4.53%
Under 20%	6	$570,000	$95,000	$3,552	4.10%

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%