First Centennial Mortgage Corporation Rates, Fees & Info
CHICAGO, ILLEI: 549300SELI3XCH3UZW80
Tax ID: 36-4176531
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
First Centennial Mortgage Corporation is a mid-sized mortgage company specializing in Home Purchase and Refi loans. First Centennial Mortgage Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Chicago, Los Angeles, Milwaukee, Denver, and Portland among others. First Centennial Mortgage Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. First Centennial Mortgage Corporation is typically an average fee lendor.Originations
13,024Origination Dollar Volume (All Markets)
$3,594,630,000Awards
FIRST CENTENNIAL MORTGAGE CORPORATION - 2021
FIRST CENTENNIAL MORTGAGE CORPORATION is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
First Centennial Mortgage Corporation's average 30 year fixed rate mortgage of loans were
2.99%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.16%.
Relative Fees
First Centennial Mortgage Corporation's average total fees for a 30 year fixed rate
mortgage are $4,407.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7,966 | $1,973,280,000 | $247,713 | $3,851 | 2.87% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 540 | $320,770,000 | $594,019 | $5,653 | 2.87% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 753 | $185,565,000 | $246,434 | $2,661 | 2.87% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 232 | $95,120,000 | $410,000 | $2,972 | 2.87% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 236 | $88,030,000 | $373,008 | $4,706 | 2.86% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 223 | $87,155,000 | $390,830 | $5,383 | 2.90% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 267 | $75,975,000 | $284,551 | $5,002 | 3.02% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 210 | $65,560,000 | $312,190 | $5,323 | 2.95% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 196 | $61,080,000 | $311,633 | $5,037 | 3.01% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 194 | $58,240,000 | $300,206 | $4,352 | 2.83% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 128 | $42,360,000 | $330,938 | $5,492 | 3.00% |
| Outside of Metro Areas | 189 | $41,465,000 | $219,392 | $3,735 | 3.02% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 115 | $37,445,000 | $325,609 | $6,481 | 2.93% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 85 | $32,975,000 | $387,941 | $3,249 | 2.81% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 174 | $32,600,000 | $187,356 | $4,722 | 3.13% |
| RACINE, WI (FHA|USDA|VA) | 111 | $22,075,000 | $198,874 | $3,465 | 2.93% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 115 | $20,615,000 | $179,261 | $3,509 | 3.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 26 | $16,850,000 | $648,077 | $4,714 | 2.76% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 23 | $16,655,000 | $724,130 | $5,467 | 2.93% |
| ROCKFORD, IL (FHA|USDA|VA) | 83 | $14,325,000 | $172,590 | $4,146 | 2.95% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 33 | $13,845,000 | $419,545 | $4,277 | 2.89% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 32 | $12,070,000 | $377,188 | $4,799 | 2.96% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 38 | $11,330,000 | $298,158 | $4,535 | 2.92% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 43 | $10,755,000 | $250,116 | $4,394 | 2.92% |
| Whitewater, WI (FHA|USDA|VA) | 36 | $10,320,000 | $286,667 | $3,358 | 2.96% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 28 | $9,010,000 | $321,786 | $4,093 | 2.90% |
| LONGVIEW, WA (FHA|USDA|VA) | 30 | $8,850,000 | $295,000 | $3,391 | 2.89% |
| Ottawa, IL (FHA|USDA|VA) | 50 | $8,530,000 | $170,600 | $4,174 | 2.88% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 45 | $8,145,000 | $181,000 | $3,387 | 3.08% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 23 | $7,895,000 | $343,261 | $3,600 | 2.95% |
| GREELEY, CO (FHA|USDA|VA) | 19 | $7,885,000 | $415,000 | $3,542 | 2.91% |
| MADISON, WI (FHA|USDA|VA) | 20 | $7,510,000 | $375,500 | $2,558 | 2.82% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 36 | $6,870,000 | $190,833 | $3,854 | 3.13% |
| BOULDER, CO (FHA|USDA|VA) | 17 | $6,675,000 | $392,647 | $2,706 | 2.79% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 19 | $6,095,000 | $320,789 | $5,154 | 2.84% |
| NILES, MI (FHA|USDA|VA) | 21 | $5,345,000 | $254,524 | $3,109 | 2.82% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 13 | $5,305,000 | $408,077 | $3,865 | 2.82% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 18 | $4,770,000 | $265,000 | $3,844 | 2.83% |
| KANKAKEE, IL (FHA|USDA|VA) | 24 | $4,480,000 | $186,667 | $3,605 | 2.89% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 7 | $4,315,000 | $616,429 | $5,359 | 3.14% |
| FORT COLLINS, CO (FHA|USDA|VA) | 14 | $4,240,000 | $302,857 | $2,649 | 2.95% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 12 | $4,230,000 | $352,500 | $4,250 | 2.91% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 16 | $4,190,000 | $261,875 | $3,625 | 2.78% |
| TUCSON, AZ (FHA|USDA|VA) | 7 | $3,925,000 | $560,714 | $4,950 | 2.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 16 | $3,370,000 | $210,625 | $3,648 | 3.06% |
| APPLETON, WI (FHA|USDA|VA) | 16 | $3,340,000 | $208,750 | $3,512 | 3.08% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 13 | $3,155,000 | $242,692 | $4,118 | 2.77% |
| Stephenville, TX (FHA|USDA|VA) | 16 | $3,010,000 | $188,125 | $5,004 | 3.19% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 7 | $2,725,000 | $389,286 | $5,219 | 2.61% |
| AKRON, OH (FHA|USDA|VA) | 13 | $2,695,000 | $207,308 | $4,867 | 2.82% |
| Edwards, CO (FHA|USDA|VA) | 3 | $2,595,000 | $865,000 | $6,583 | 2.67% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 11 | $2,535,000 | $230,455 | $4,967 | 3.10% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 8 | $2,400,000 | $300,000 | $4,294 | 3.03% |
| Rochelle, IL (FHA|USDA|VA) | 14 | $2,340,000 | $167,143 | $4,141 | 2.89% |
| Dixon, IL (FHA|USDA|VA) | 10 | $2,300,000 | $230,000 | $4,903 | 2.74% |
| Granbury, TX (FHA|USDA|VA) | 8 | $2,110,000 | $263,750 | $5,525 | 2.88% |
| Beaver Dam, WI (FHA|USDA|VA) | 9 | $2,105,000 | $233,889 | $2,692 | 2.75% |
| FOND DU LAC, WI (FHA|USDA|VA) | 11 | $2,065,000 | $187,727 | $3,802 | 2.83% |
| Kerrville, TX (FHA|USDA|VA) | 6 | $2,060,000 | $343,333 | $7,656 | 3.23% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 8 | $2,010,000 | $251,250 | $2,987 | 2.91% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $1,880,000 | $156,667 | $3,063 | 3.05% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 5 | $1,845,000 | $369,000 | $3,872 | 3.13% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 7 | $1,745,000 | $249,286 | $2,797 | 2.79% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 10 | $1,740,000 | $174,000 | $3,322 | 2.99% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $1,655,000 | $236,429 | $4,228 | 3.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 6 | $1,560,000 | $260,000 | $3,213 | 2.81% |
| STOCKTON, CA (FHA|USDA|VA) | 4 | $1,550,000 | $387,500 | $3,966 | 3.06% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,520,000 | $380,000 | $3,214 | 2.91% |
| Stevens Point, WI (FHA|USDA|VA) | 8 | $1,450,000 | $181,250 | $3,402 | 3.02% |
| Holland, MI (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $3,332 | 2.97% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $4,273 | 2.91% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 7 | $1,415,000 | $202,143 | $3,366 | 2.89% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,370,000 | $685,000 | $4,669 | 2.69% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 8 | $1,360,000 | $170,000 | $2,153 | 2.91% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 4 | $1,350,000 | $337,500 | $3,670 | 3.53% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $1,295,000 | $431,667 | $3,674 | 3.04% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $1,255,000 | $179,286 | $3,845 | 2.66% |
| GREEN BAY, WI (FHA|USDA|VA) | 7 | $1,245,000 | $177,857 | $2,271 | 2.88% |
| BEND, OR (FHA|USDA|VA) | 3 | $1,235,000 | $411,667 | $3,837 | 2.83% |
| SALEM, OR (FHA|USDA|VA) | 4 | $1,220,000 | $305,000 | $4,275 | 3.06% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 7 | $1,205,000 | $172,143 | $3,137 | 2.80% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 6 | $1,200,000 | $200,000 | $3,526 | 2.81% |
| PEORIA, IL (FHA|USDA|VA) | 6 | $1,190,000 | $198,333 | $3,962 | 2.63% |
| Mineral Wells, TX (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $5,949 | 3.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $3,603 | 2.83% |
| Manitowoc, WI (FHA|USDA|VA) | 8 | $1,080,000 | $135,000 | $4,746 | 3.25% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 8 | $1,070,000 | $133,750 | $2,757 | 2.86% |
| Show Low, AZ (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $5,868 | 3.13% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $3,501 | 2.84% |
| Glenwood Springs, CO (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $2,903 | 2.50% |
| OCALA, FL (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $4,514 | 2.90% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $3,185 | 2.81% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 8 | $930,000 | $116,250 | $4,061 | 3.14% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $3,997 | 3.13% |
| ABILENE, TX (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $5,762 | 3.29% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $3,812 | 2.94% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $4,083 | 2.81% |
| LUBBOCK, TX (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $5,331 | 3.47% |
| Centralia, WA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $3,395 | 2.63% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $3,984 | 2.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $4,051 | 3.06% |
| REDDING, CA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $4,244 | 3.06% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $6,623 | 3.04% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $5,717 | 2.70% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $6,062 | 2.63% |
| Breckenridge, CO (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $2,520 | 2.69% |
| MERCED, CA (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $3,780 | 3.13% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,068 | 2.88% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $4,511 | 2.81% |
| DULUTH, MN-WI (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $2,420 | 3.06% |
| Baraboo, WI (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $2,058 | 2.71% |
| SAN ANGELO, TX (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $5,428 | 2.75% |
| Pontiac, IL (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $3,573 | 3.10% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $4,417 | 2.75% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,915 | 2.88% |
| Plymouth, IN (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $3,532 | 2.92% |
| Key West, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $7,401 | 2.50% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $4,435 | 3.00% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,986 | 3.19% |
| YUMA, AZ (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $3,462 | 2.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,318 | 3.25% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $7,490 | 3.00% |
| Kendallville, IN (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,082 | 2.50% |
| Arcadia, FL (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $5,725 | 2.46% |
| Marinette, WI-MI (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $2,160 | 2.88% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $2,695 | 2.63% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,374 | 2.88% |
| Rockport, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,943 | 2.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,522 | 2.94% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $4,435 | 3.38% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,424 | 2.88% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,778 | 2.94% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,326 | 2.94% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $5,367 | 2.88% |
| Newport, OR (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,231 | 2.88% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,292 | 2.88% |
| Hood River, OR (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,152 | 3.00% |
| Beeville, TX (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $6,195 | 3.38% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $1,740 | 2.50% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,669 | 2.63% |
| WACO, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $6,109 | 3.31% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $1,913 | 2.63% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,976 | 4.06% |
| TYLER, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,861 | 2.81% |
| Winona, MN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $2,999 | 2.56% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $3,666 | 2.88% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,863 | 3.13% |
| Sandusky, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,719 | 3.19% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,185 | 3.31% |
| Brownwood, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,587 | 3.06% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,347 | 3.13% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,574 | 2.50% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,231 | 2.69% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,526 | 2.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $1,957 | 2.38% |
| Sterling, IL (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $2,938 | 3.50% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,741 | 2.75% |
| Sturgis, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,738 | 2.88% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,120 | 2.63% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,486 | 4.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,353 | 2.81% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,846 | 3.00% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,138 | 3.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,115 | 3.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,663 | 3.38% |
| Shawano, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,415 | 2.63% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $4,176 | 4.13% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $3,129 | 2.69% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,916 | 3.25% |
| Shelton, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,313 | 2.75% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,325 | 3.13% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,718 | 2.94% |
| Austin, MN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,205 | 2.75% |
| FLINT, MI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,251 | 2.63% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,560 | 2.75% |
| Alice, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,896 | 3.75% |
| Freeport, IL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $2,227 | 2.56% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,966 | 4.13% |
| Auburn, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,502 | 3.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,050 | 2.88% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,828 | 4.13% |
| Centralia, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,633 | 3.38% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,683 | 3.31% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $1,588 | 2.88% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,479 | 2.50% |
| READING, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,383 | 2.75% |
| Port Lavaca, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,888 | 3.50% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,899 | 3.13% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,445 | 3.00% |
| Jacksonville, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,588 | 3.00% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,264 | 3.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,567 | 3.88% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $3,791 | 2.88% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,590 | 3.13% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,671 | 2.88% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,577 | 3.75% |
| Montrose, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,983 | 2.63% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,351 | 3.13% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,828 | 2.13% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,352 | 3.25% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,840 | 2.75% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,575 | 3.00% |
| Mount Pleasant, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,131 | 2.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,470 | 2.75% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,598 | 3.63% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,371 | 2.50% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,321 | 2.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,943 | 2.00% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,608 | 2.50% |
| Richmond, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,791 | 3.13% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,394 | 3.00% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,627 | 3.00% |
First Centennial Mortgage Corporation's top markets include Chicago, Los Angeles, Milwaukee, Denver, and Portland among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 10,906 | $3,063,980,000 | $280,944 | $3,356 | 2.89% |
| FHA | 1,631 | $383,515,000 | $235,141 | $7,961 | 2.95% |
| VA | 427 | $136,685,000 | $320,105 | $5,398 | 2.66% |
| USDA | 60 | $10,450,000 | $174,167 | $5,101 | 2.79% |
For the 2021 period, First Centennial Mortgage Corporation's most frequently originated loan type of loans were Conventional, with 10,906 originations. Their 2nd most popular type is FHA, with 1,631 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 5,796 | $1,624,890,000 | $280,347 | $5,708 | 3.00% |
| Refi | 5,248 | $1,424,320,000 | $271,402 | $2,488 | 2.72% |
| Cash Out Refi | 1,980 | $545,420,000 | $275,465 | $3,061 | 3.02% |
For the 2021, First Centennial Mortgage Corporation's most frequently cited loan purpose of loans were Home Purchase, with 5,796 originations. The 2nd most popular reason of loans were Refi, with 5,248 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 10,392 | $2,988,390,000 | $287,566 | $4,407 | 2.99% |
| 15 Year | 1,541 | $344,265,000 | $223,404 | $2,513 | 2.42% |
| 20 Year | 682 | $175,670,000 | $257,581 | $2,337 | 2.74% |
| 10 Year | 235 | $44,635,000 | $189,936 | $2,177 | 2.30% |
| Other | 174 | $41,670,000 | $239,483 | $2,418 | 2.84% |
For the 2021, First Centennial Mortgage Corporation's most frequently cited loan length of loans were 30 Year, with 10,392 originations. The 2nd most popular length of loans were 15 Year, with 1,541 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 11,577 | $3,103,845,000 | $268,104 |
| $2k-3k | 608 | $173,020,000 | $284,572 |
| $<1k | 403 | $125,395,000 | $311,154 |
| $3k-4k | 325 | $112,355,000 | $345,708 |
| $5k+ | 109 | $79,755,000 | $731,697 |
$4,407 of loans were First Centennial Mortgage Corporation's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 11,577 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,078 | $1,730,290,000 | $284,681 |
| 3-4% | 3,967 | $1,094,245,000 | $275,837 |
| <2.5% | 2,820 | $731,870,000 | $259,528 |
| 4-5% | 159 | $38,225,000 | $240,409 |
During 2021, First Centennial Mortgage Corporation's average interest rate of loans were 2.99%, while their most frequently originated rate bucket of loans were 2.5-3%, with 6,078 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 6,350 | $1,775,280,000 | $279,572 | $4,165 | 2.89% |
| $100k-200k | 4,172 | $649,140,000 | $155,594 | $3,430 | 2.90% |
| $400k-600k | 1,541 | $740,165,000 | $480,315 | $4,442 | 2.85% |
| $100,000 or less | 521 | $42,345,000 | $81,276 | $2,974 | 2.88% |
| $600k-1MM | 347 | $259,755,000 | $748,573 | $6,153 | 3.05% |
| $1MM+ | 93 | $127,945,000 | $1,375,753 | $9,813 | 2.99% |
2021 saw First Centennial Mortgage Corporation place emphasis on $200k-400k loans with 6,350 originations, totaling $1,775,280,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 3,010 | $888,320,000 | $295,123 | $3,751 | 2.88% |
| $50k-75k | 2,949 | $611,945,000 | $207,509 | $4,310 | 2.93% |
| $75k-100k | 2,391 | $593,995,000 | $248,430 | $4,084 | 2.90% |
| $150k-250k | 1,974 | $721,160,000 | $365,329 | $3,762 | 2.86% |
| $50k or less | 1,558 | $244,620,000 | $157,009 | $4,192 | 2.92% |
| $250k+ | 865 | $457,765,000 | $529,208 | $4,352 | 2.89% |
First Centennial Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 3,010 originations. The second most popular income band? $50k-75k, with 2,949 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 2,932 | $823,960,000 | $281,023 | $3,463 | 2.83% |
| 30-36% | 2,410 | $689,240,000 | $285,992 | $3,788 | 2.91% |
| <20% | 964 | $275,100,000 | $285,373 | $3,032 | 2.74% |
| 50-60% | 512 | $133,550,000 | $260,840 | $8,095 | 2.87% |
| 36% | 498 | $135,090,000 | $271,265 | $3,718 | 2.88% |
| 44% | 498 | $128,580,000 | $258,193 | $4,225 | 2.98% |
| 42% | 485 | $131,155,000 | $270,423 | $4,161 | 2.98% |
| 41% | 484 | $138,470,000 | $286,095 | $4,263 | 2.98% |
| 40% | 475 | $122,305,000 | $257,484 | $4,230 | 2.99% |
| 37% | 473 | $130,855,000 | $276,649 | $3,937 | 2.91% |
| 43% | 471 | $124,945,000 | $265,276 | $4,306 | 2.97% |
| 38% | 454 | $123,040,000 | $271,013 | $3,928 | 2.95% |
| 39% | 448 | $118,390,000 | $264,263 | $3,786 | 2.96% |
| 49% | 373 | $103,835,000 | $278,378 | $4,721 | 2.95% |
| 45% | 345 | $92,765,000 | $268,884 | $4,440 | 2.96% |
| 46% | 344 | $90,510,000 | $263,110 | $4,688 | 2.95% |
| 48% | 321 | $86,495,000 | $269,455 | $4,371 | 2.96% |
| 47% | 319 | $85,345,000 | $267,539 | $4,676 | 2.94% |
| >60% | 15 | $4,675,000 | $311,667 | $4,792 | 2.88% |
First Centennial Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 2,932 originations. The next most common DTI ratio? 30-36%, with 2,410 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 10,851 | $2,947,345,000 | $271,620 | $3,862 | 2.89% |
| Asian | 795 | $249,715,000 | $314,107 | $3,750 | 2.78% |
| Not provided | 727 | $234,715,000 | $322,854 | $4,941 | 2.94% |
| Black | 580 | $144,810,000 | $249,672 | $5,758 | 2.99% |
| American Indian | 58 | $14,300,000 | $246,552 | $5,411 | 2.89% |
| Native Hawaiian | 12 | $3,630,000 | $302,500 | $5,193 | 2.97% |
| Asian Indian | 1 | $115,000 | $115,000 | $6,229 | 3.13% |
Approval Rates
Total approvals of all applications95.11%
First Centennial Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination79.32%
First Centennial Mortgage Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 13,024 | $3,594,630,000 | $276,000 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 13,024 | $3,594,630,000 | $276,000 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 547 | $118,195,000 | $216,079 | $2,996 | 2.62% |
| 40-60% | 1,974 | $531,000,000 | $268,997 | $2,771 | 2.70% |
| 60-80% | 5,016 | $1,448,250,000 | $288,726 | $3,109 | 2.92% |
| 80-100% | 5,346 | $1,455,310,000 | $272,224 | $5,285 | 2.96% |
| Over 100% | 95 | $32,775,000 | $345,000 | $11,482 | 2.81% |
| Under 20% | 46 | $9,100,000 | $197,826 | $3,228 | 2.55% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CENTENNIAL MORTGAGE CORP | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 28.6% |
| FIRST CENTENNIAL MORTGAGE CORP | Conventional home mortgage | Trouble during payment process | 5 | 71.4% |
