Bellwether Enterprise Real Estate Capital Mortgage Rates, Fees & Info

CLEVELAND, OH

LEI: 549300RFPLMCMJL7BS81

Tax ID: 26-2916887

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Mortgage Data

Review & Overview

Bellwether Enterprise Real Estate Capital is a small mortgage company specializing in Cash Out Refi and Refi loans. Bellwether Enterprise Real Estate Capital has a high proportion of conventional loans. They have a low ratio of USDA loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Columbus, Austin, Dallas, Dayton, and Cincinnati among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bellwether Enterprise Real Estate Capital has an average approval rate when compared to the average across all lenders.

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 FHA Refi 6.27% 4/19/24
30 Year USDA Refi 6.27% 4/19/24
15 Year Conventional Refi 5.68% 4/19/24
15 Year Cash-out Refi 5.68% 4/19/24
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.

Bellwether Enterprise Real Estate Capital Mortgage Calculator






Your Estimates

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

This is not an official calculator from Bellwether Enterprise Real Estate Capital. 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

185

Origination Dollar Volume (All Markets)

$2,558,915,000

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
COLUMBUS, OH (FHA|USDA|VA) 23 $382,075,000 $16,611,957 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $247,555,000 $35,365,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 11 $182,335,000 $16,575,909 $0 0.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 10 $146,580,000 $14,658,000 $0 0.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 11 $131,715,000 $11,974,091 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $107,635,000 $35,878,333 $0 0.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $96,080,000 $16,013,333 $0 0.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $94,145,000 $31,381,667 $0 0.00%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $72,830,000 $18,207,500 $0 0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $65,470,000 $32,735,000 $0 0.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $62,385,000 $20,795,000 $0 0.00%
RENO, NV (FHA|USDA|VA) 1 $54,935,000 $54,935,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $47,170,000 $11,792,500 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $44,500,000 $22,250,000 $0 0.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $40,295,000 $40,295,000 $0 0.00%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $39,595,000 $39,595,000 $0 0.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $37,105,000 $12,368,333 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $37,095,000 $37,095,000 $0 0.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $36,585,000 $36,585,000 $0 0.00%
FORT WAYNE, IN (FHA|USDA|VA) 2 $36,220,000 $18,110,000 $0 0.00%
BISMARCK, ND (FHA|USDA|VA) 1 $35,905,000 $35,905,000 $0 0.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $33,780,000 $8,445,000 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $31,605,000 $31,605,000 $0 0.00%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $31,515,000 $31,515,000 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $30,990,000 $7,747,500 $0 0.00%
Outside of Metro Areas 6 $30,420,000 $5,070,000 $0 0.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $24,845,000 $4,969,000 $0 0.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $23,785,000 $23,785,000 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $23,005,000 $23,005,000 $0 0.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $20,770,000 $10,385,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $20,615,000 $6,871,667 $0 0.00%
SAGINAW, MI (FHA|USDA|VA) 1 $19,255,000 $19,255,000 $0 0.00%
IOWA CITY, IA (FHA|USDA|VA) 1 $16,325,000 $16,325,000 $0 0.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $13,965,000 $13,965,000 $0 0.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $13,155,000 $13,155,000 $0 0.00%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $12,805,000 $12,805,000 $0 0.00%
Starkville, MS (FHA|USDA|VA) 1 $10,565,000 $10,565,000 $0 0.00%
TUCSON, AZ (FHA|USDA|VA) 1 $10,155,000 $10,155,000 $0 0.00%
Georgetown, SC (FHA|USDA|VA) 1 $9,845,000 $9,845,000 $0 0.00%
BOISE CITY, ID (FHA|USDA|VA) 1 $9,335,000 $9,335,000 $0 0.00%
COLUMBUS, IN (FHA|USDA|VA) 1 $9,125,000 $9,125,000 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $8,915,000 $8,915,000 $0 0.00%
LOUISVILLE, KY (FHA|USDA|VA) 1 $8,695,000 $8,695,000 $0 0.00%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $8,335,000 $8,335,000 $0 0.00%
Outside of Metro Areas 1 $8,035,000 $8,035,000 $0 0.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $7,915,000 $7,915,000 $0 0.00%
KNOXVILLE, TN (FHA|USDA|VA) 2 $7,890,000 $3,945,000 $0 0.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $7,670,000 $1,917,500 $0 0.00%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $7,135,000 $7,135,000 $0 0.00%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $6,900,000 $3,450,000 $0 0.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $6,670,000 $3,335,000 $0 0.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $6,505,000 $6,505,000 $0 0.00%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $6,410,000 $3,205,000 $0 0.00%
Hutchinson, MN (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 0.00%
MOBILE, AL (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 0.00%
Kerrville, TX (FHA|USDA|VA) 1 $5,475,000 $5,475,000 $0 0.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $4,860,000 $2,430,000 $0 0.00%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $4,675,000 $4,675,000 $0 0.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $4,645,000 $4,645,000 $0 0.00%
Fredericksburg, TX (FHA|USDA|VA) 1 $4,315,000 $4,315,000 $0 0.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $4,195,000 $4,195,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $4,005,000 $4,005,000 $0 0.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $3,985,000 $3,985,000 $0 0.00%
TULSA, OK (FHA|USDA|VA) 1 $3,685,000 $3,685,000 $0 0.00%
VALLEJO, CA (FHA|USDA|VA) 1 $3,405,000 $3,405,000 $0 0.00%
Sulphur Springs, TX (FHA|USDA|VA) 1 $3,275,000 $3,275,000 $0 0.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $3,075,000 $3,075,000 $0 0.00%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $2,665,000 $2,665,000 $0 0.00%
ASHEVILLE, NC (FHA|USDA|VA) 1 $2,355,000 $2,355,000 $0 0.00%
HAMMOND, LA (FHA|USDA|VA) 1 $1,745,000 $1,745,000 $0 0.00%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $0 0.00%
FRESNO, CA (FHA|USDA|VA) 1 $1,195,000 $1,195,000 $0 0.00%
MONROE, LA (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $0 0.00%
HINESVILLE, GA (FHA|USDA|VA) 1 $795,000 $795,000 $0 0.00%
ANCHORAGE, AK (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
FARGO, ND-MN (FHA|USDA|VA) 3 $15,000 $5,000 $0 0.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $5,000 $5,000 $0 0.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $5,000 $5,000 $0 0.00%
Bellwether Enterprise Real Estate Capital's top markets include Columbus, Austin, Dallas, Dayton, and Cincinnati among others.

Their top states include:
  • Ohio (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 159 $2,362,625,000 $14,859,277 $0 0.00%
    USDA 14 $33,480,000 $2,391,429 $0 0.00%
    FHA 12 $162,810,000 $13,567,500 $0 0.00%

    For 2023, Bellwether Enterprise Real Estate Capital's most frequently originated type of loan was Conventional, with 159 originations. Their 2nd most popular type was USDA, with 14 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 92 $1,349,200,000 $14,665,217 $0 0.00%
    Refi 76 $1,132,650,000 $14,903,289 $0 0.00%
    NA 17 $77,065,000 $4,533,235 $0 0.00%

    For 2023, Bellwether Enterprise Real Estate Capital's most frequently cited loan purpose was Cash Out Refi, with 92 originations. The 2nd most popular reason was Refi, with 76 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 76 $1,469,110,000 $19,330,395 $0 0.00%
    Other 52 $477,060,000 $9,174,231 $0 0.00%
    30+ year 26 $196,290,000 $7,549,615 $0 0.00%
    5 Year 24 $394,700,000 $16,445,833 $0 0.00%
    15 Year 7 $21,755,000 $3,107,857 $0 0.00%

    For 2023, Bellwether Enterprise Real Estate Capital's most frequently cited loan duration was 10 Year, with 76 originations. The 2nd most popular length was Other, with 52 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 172 $2,556,480,000 $14,863,256 $0 0.00%
    $100,000 or less 10 $50,000 $5,000 $0 0.00%
    $600k-1MM 3 $2,385,000 $795,000 $0 0.00%

    2023 saw Bellwether Enterprise Real Estate Capital place emphasis on $1MM+ loans with 172 originations, totaling $2,556,480,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 185 $2,558,915,000 $13,831,973 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.94%

    Bellwether Enterprise Real Estate Capital has an average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 185 $2,558,915,000 $13,831,973

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    185 $2,558,915,000 $13,831,973

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $3,535,000 $3,535,000 $0 0.00%
    40-60% 1 $21,575,000 $21,575,000 $0 0.00%
    60-80% 3 $20,885,000 $6,961,667 $0 0.00%
    80-100% 1 $13,505,000 $13,505,000 $0 0.00%
    Over 100% 4 $110,360,000 $27,590,000 $0 0.00%
    Under 20% 2 $4,200,000 $2,100,000 $0 0.00%