S&s Financial Mortgage Rates, Fees & Info
Sheridan, WYLEI: 549300SRKBH68TX76851
Tax ID: 47-3715280
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
S&s Financial is a smaller mortgage company specializing in Refi and Cash Out Refi loans. S&s Financial has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Diego, Las Vegas, and Sacramento among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)S&s Financial 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. S&s Financial is typically a low 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 | 6.65% | 12/16/24 |
| 30 Year Conventional Refi | 6.49% | 12/16/24 |
| 30 Year Cash-out Refi | 6.73% | 12/16/24 |
| 30 Year FHA Refi | 7.68% | 12/16/24 |
| 30 Year VA Purchase | 6.17% | 12/16/24 |
| 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. | ||
S&s Financial Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from S&s Financial. 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
184Origination Dollar Volume (All Markets)
$69,540,000Awards
S&S Financial - 2019
S&S Financial is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for S&S Financial?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 46 | $20,500,000 | $445,652 | $2,992 | 4.06% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 27 | $9,335,000 | $345,741 | $3,211 | 3.97% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 12 | $7,110,000 | $592,500 | $2,450 | 4.16% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 11 | $2,985,000 | $271,364 | $3,843 | 3.99% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 6 | $2,150,000 | $358,333 | $2,685 | 3.94% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 6 | $2,090,000 | $348,333 | $3,006 | 4.25% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 4 | $1,980,000 | $495,000 | $4,179 | 3.59% |
| MERCED, CA (FHA|USDA|VA) | 6 | $1,940,000 | $323,333 | $2,368 | 3.96% |
| VALLEJO, CA (FHA|USDA|VA) | 5 | $1,825,000 | $365,000 | $5,687 | 3.93% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $3,137 | 4.02% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 7 | $1,725,000 | $246,429 | $2,378 | 3.68% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $2,327 | 3.82% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $1,295,000 | $259,000 | $3,412 | 4.18% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $1,275,000 | $425,000 | $2,142 | 3.83% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $2,947 | 3.81% |
| STOCKTON, CA (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $2,996 | 4.31% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $2,536 | 3.63% |
| BEND, OR (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $7,656 | 4.38% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $3,897 | 3.44% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $5,336 | 4.38% |
| SALEM, OR (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,123 | 4.00% |
| Outside of Metro Areas | 2 | $590,000 | $295,000 | $2,391 | 3.69% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $2,569 | 3.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $2,561 | 4.06% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $2,134 | 4.50% |
| NAPA, CA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 3.99% |
| REDDING, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,175 | 3.99% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,609 | 4.00% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,150 | 4.63% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,892 | 3.63% |
| RENO, NV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $1,820 | 4.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,955 | 5.50% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,212 | 3.75% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,534 | 3.63% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,371 | 3.88% |
| TYLER, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,951 | 4.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,375 | 3.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against S&S Financial based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 220
Similarity Rank: 288
Similarity Rank: 290
Similarity Rank: 318
Similarity Rank: 368
Similarity Rank: 401
Similarity Rank: 464
Similarity Rank: 546
Similarity Rank: 630
Similarity Rank: 695
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| VA | 101 | $39,625,000 | $392,327 | $3,188 | 3.74% |
| Conventional | 83 | $29,915,000 | $360,422 | $2,937 | 4.31% |
For 2019, S&s Financial's most frequently originated type of loan was VA, with 101 originations. Their 2nd most popular type was Conventional, with 83 originations.
Loan Reason
For 2019, S&s Financial's most frequently cited loan purpose was Refi, with 125 originations. The 2nd most popular reason was Cash Out Refi, with 38 originations.
Loan Duration/Length
For 2019, S&s Financial's most frequently cited loan duration was 30 Year, with 178 originations. The 2nd most popular length was Other, with 4 originations.
Origination Fees/Closing Costs
S&s Financial's average total fees were $3,066, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 137 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 105 | $41,245,000 | $392,810 |
| 4-5% | 63 | $22,255,000 | $353,254 |
| 5-6% | 10 | $3,680,000 | $368,000 |
| 2.5-3% | 6 | $2,360,000 | $393,333 |
During 2019, S&s Financial's average interest rate for loans was 4.01%, while their most frequently originated rate bucket for loans was 3-4%, with 105 originations.
Loan Sizing
2019 saw S&s Financial place emphasis on $200k-400k loans with 110 originations, totaling $31,850,000 in origination value.
Applicant Income
S&s Financial lent most frequently to those with incomes in the $50k or less range, with 81 originations. The second most popular income band? $75k-100k, with 34 originations.
Applicant Debt to Income Ratio
S&s Financial lent most frequently to those with DTI ratios of 30-36%, with 17 originations. The next most common DTI ratio? 49%, with 13 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.01%
S&s Financial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination89.67%
S&s Financial has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 184 | $69,540,000 | $377,935 |