Professional Consolidated Financial Group Mortgage Rates, Fees & Info
TEMPLE CITY, CALEI: 549300T3PE251I1FTX35
Tax ID: 95-4399912
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Professional Consolidated Financial Group is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Professional Consolidated Financial Group has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Oxnard, Santa Rosa, and San Diego among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Professional Consolidated Financial Group 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. Professional Consolidated Financial Group 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 | 5.98% | 3/25/24 |
| 30 Year Conventional Refi | 6.03% | 3/25/24 |
| 30 Year Cash-out Refi | 6.05% | 3/25/24 |
| 15 Year Conventional Refi | 4.89% | 3/25/24 |
| 15 Year Cash-out Refi | 4.89% | 3/25/24 |
| 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. | ||
Professional Consolidated Financial Group Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Professional Consolidated Financial Group. 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
109Origination Dollar Volume (All Markets)
$44,865,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 92 | $39,190,000 | $425,978 | $4,452 | 4.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 11 | $3,565,000 | $324,091 | $5,205 | 4.89% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $0 | 5.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 5.13% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,493 | 4.63% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 5.50% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against PROFESSIONAL CONSOLIDATED FINANCIAL GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 92
Similarity Rank: 210
Similarity Rank: 321
Similarity Rank: 500
Similarity Rank: 515
Similarity Rank: 612
Similarity Rank: 612
Similarity Rank: 732
Similarity Rank: 781
Similarity Rank: 816
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 108 | $44,440,000 | $411,481 | $4,417 | 4.88% |
| VA | 1 | $425,000 | $425,000 | $0 | 5.13% |
For 2018, Professional Consolidated Financial Group's most frequently originated type of loan was Conventional, with 108 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2018, Professional Consolidated Financial Group's most frequently cited loan purpose was Home Purchase, with 63 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.
Loan Duration/Length
For 2018, Professional Consolidated Financial Group's most frequently cited loan duration was 30 Year, with 99 originations. The 2nd most popular length was 15 Year, with 6 originations.
Origination Fees/Closing Costs
Professional Consolidated Financial Group's average total fees were $4,607, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 74 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 72 | $28,270,000 | $392,639 |
| 5-6% | 34 | $15,420,000 | $453,529 |
| 3-4% | 3 | $1,175,000 | $391,667 |
During 2018, Professional Consolidated Financial Group's average interest rate for loans was 4.94%, while their most frequently originated rate bucket for loans was 4-5%, with 72 originations.
Loan Sizing
2018 saw Professional Consolidated Financial Group place emphasis on $200k-400k loans with 60 originations, totaling $18,800,000 in origination value.
Applicant Income
Professional Consolidated Financial Group lent most frequently to those with incomes in the $150k-250k range, with 29 originations. The second most popular income band? $100k-150k, with 26 originations.
Applicant Debt to Income Ratio
Professional Consolidated Financial Group lent most frequently to those with DTI ratios of 30-36%, with 17 originations. The next most common DTI ratio? 49%, with 15 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.48%
Professional Consolidated Financial Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination74.31%
Professional Consolidated Financial Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1240.0 | 1 | $635,000 | $635,000 |
| 2285.0 | 2 | $480,000 | $240,000 |
| NA | 106 | $43,750,000 | $412,736 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 109 | $44,865,000 | $411,606 |