Animas Mortgage Rates, Fees & Info
Farmington, NMLEI: 549300RHV043Z3X1NK23
Tax ID: 85-0154588
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Animas is a smaller mortgage company specializing in Refi and Home Purchase loans. Animas has a high proportion of conventional loans. Their top (well, only) market is Farmington.Animas has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar 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.
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.
Originations
22Origination Dollar Volume (All Markets)
$2,300,000Top 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 |
|---|---|---|---|---|---|
| FARMINGTON, NM (FHA|USDA|VA) | 22 | $2,300,000 | $104,545 | $1,904 | 4.24% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 22 | $2,300,000 | $104,545 | $1,904 | 4.24% |
For 2018, Animas's most frequently originated type of loan was Conventional, with 22 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 17 | $1,475,000 | $86,765 | $1,509 | 4.29% |
| Home Purchase | 5 | $825,000 | $165,000 | $3,250 | 4.05% |
For 2018, Animas's most frequently cited loan purpose was Refi, with 17 originations. The 2nd most popular reason was Home Purchase, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 15 Year | 19 | $2,115,000 | $111,316 | $2,043 | 4.29% |
| 10 Year | 2 | $130,000 | $65,000 | $1,187 | 4.00% |
| 5 Year | 1 | $55,000 | $55,000 | $706 | 3.75% |
For 2018, Animas's most frequently cited loan duration was 15 Year, with 19 originations. The 2nd most popular length was 10 Year, with 2 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 14 | $1,780,000 | $127,143 |
| 4-5% | 4 | $270,000 | $67,500 |
| 5-6% | 4 | $250,000 | $62,500 |
During 2018, Animas's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 14 originations.
Loan Sizing
2018 saw Animas place emphasis on $100,000 or less loans with 15 originations, totaling $965,000 in origination value.
Applicant Income
Animas lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
Animas lent most frequently to those with DTI ratios of 20-30%, with 9 originations. The next most common DTI ratio? <20%, with 6 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.31%
Animas has an average approval rate.
Pick Rate
Approvals leading to origination90.91%
Animas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 22 | $2,300,000 | $104,545 |