First Centennial Mortgage Corporation Rates, Fees & Info

CHICAGO, IL

LEI: 549300SELI3XCH3UZW80

Tax ID: 36-4176531

5 stars - out of 5 stars, based on 114 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & 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 by origination volume include: Chicago, Los Angeles, Milwaukee, Denver, and Portland among others. We have data for 212 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Centennial Mortgage Corporation 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. First Centennial Mortgage Corporation 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.89% 11/26/22
    30 Year Conventional Refi 6.66% 11/26/22
    30 Year Cash-out Refi 6.85% 11/26/22
    30 Year FHA Purchase 7.73% 11/26/22
    30 Year FHA Refi 7.28% 11/26/22
    30 Year VA Purchase 6.57% 11/26/22
    30 Year VA Refi 6.21% 11/26/22
    30 Year USDA Purchase 6.93% 11/26/22
    30 Year USDA Refi 7.02% 11/26/22
    15 Year Conventional Purchase 6.15% 11/26/22
    15 Year Conventional Refi 6.01% 11/26/22
    15 Year Cash-out Refi 6.01% 11/26/22
    15 Year FHA Refi 7.04% 11/26/22
    15 Year VA Purchase 6.05% 11/26/22
    15 Year VA Refi 6.44% 11/26/22
    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.


    Originations

    13,024

    Origination Dollar Volume (All Markets)

    $3,594,630,000
    Show all (42) awards

    Relative Rate

    First Centennial Mortgage Corporation's average 30 year fixed mortgage rate was 2.99%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.16%.

    Relative Fees (Closing Costs)

    First Centennial Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $4,407.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    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.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against FIRST CENTENNIAL MORTGAGE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    FINANCIAL PLUS
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, First Centennial Mortgage Corporation's most frequently originated type of loan was Conventional, with 10,906 originations. Their 2nd most popular type was FHA, with 1,631 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, First Centennial Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 5,796 originations. The 2nd most popular reason was 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 2021, First Centennial Mortgage Corporation's most frequently cited loan duration was 30 Year, with 10,392 originations. The 2nd most popular length was 15 Year, with 1,541 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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 235 $76,345,000 $324,872
    $5k+ 109 $79,755,000 $731,697
    $4k-5k 90 $36,010,000 $400,111

    First Centennial Mortgage Corporation's average total fees were $4,407, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 2.99%, while their most frequently originated rate bucket for loans was 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 or Islander 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 applications
    95.81%

    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 origination
    80.67%

    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%