Visions Mortgage Rates, Fees & Info

Endwell, NY

LEI: 549300TDVGWRELEO5F50

Tax ID: 16-0920502

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Visions is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Visions has a high proportion of conventional loans. Their top markets by origination volume include: New York, Binghamton, Syracuse, Ithaca, and Reading among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Visions has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Visions 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
    Home Equity Line of Credit (HELOC) 1.93% 12/16/24
    30 Year Conventional Purchase 6.36% 12/16/24
    30 Year Conventional Refi 6.17% 12/16/24
    30 Year Cash-out Refi 6.19% 12/16/24
    15 Year Conventional Purchase 5.65% 12/16/24
    15 Year Conventional Refi 5.58% 12/16/24
    15 Year Cash-out Refi 5.58% 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.

    Visions Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Visions. 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

    3,015

    Origination Dollar Volume (All Markets)

    $515,225,000
    Show all (15) awards

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 835 $210,855,000 $252,521 $3,258 2.30%
    BINGHAMTON, NY (FHA|USDA|VA) 1,270 $157,540,000 $124,047 $2,161 2.67%
    SYRACUSE, NY (FHA|USDA|VA) 204 $32,890,000 $161,225 $2,494 2.61%
    Outside of Metro Areas 177 $23,105,000 $130,537 $2,310 2.79%
    ITHACA, NY (FHA|USDA|VA) 59 $18,435,000 $312,458 $3,147 2.57%
    READING, PA (FHA|USDA|VA) 117 $12,865,000 $109,957 $2,451 2.54%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 71 $11,605,000 $163,451 $3,007 2.56%
    ELMIRA, NY (FHA|USDA|VA) 106 $11,470,000 $108,208 $1,795 2.78%
    ROCHESTER, NY (FHA|USDA|VA) 47 $9,455,000 $201,170 $2,148 2.69%
    Seneca Falls, NY (FHA|USDA|VA) 5 $5,685,000 $1,137,000 $2,531 3.34%
    Sayre, PA (FHA|USDA|VA) 37 $5,145,000 $139,054 $2,572 2.83%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 18 $3,200,000 $177,778 $2,716 2.06%
    Corning, NY (FHA|USDA|VA) 16 $2,540,000 $158,750 $2,381 2.97%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $2,245,000 $2,245,000 $0 3.25%
    Auburn, NY (FHA|USDA|VA) 9 $1,965,000 $218,333 $2,928 3.02%
    Cortland, NY (FHA|USDA|VA) 11 $1,325,000 $120,455 $2,087 2.99%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 5 $945,000 $189,000 $4,038 2.37%
    Oneonta, NY (FHA|USDA|VA) 7 $895,000 $127,857 $2,106 2.73%
    Pottsville, PA (FHA|USDA|VA) 7 $655,000 $93,571 $1,576 1.71%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $610,000 $152,500 $2,781 2.72%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 3 $495,000 $165,000 $1,789 3.25%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $495,000 $495,000 $0 4.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $375,000 $375,000 $4,690 2.88%
    LANCASTER, PA (FHA|USDA|VA) 2 $280,000 $140,000 $2,301 3.87%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.25%
    LEBANON, PA (FHA|USDA|VA) 1 $65,000 $65,000 $468 3.75%
    Visions's top markets include New York, Binghamton, Syracuse, Ithaca, and Reading among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)

    • Similar Lenders

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

    Pittsford Federal Credit Union
    Similarity Rank: 52
    SECNY Federal Credit Union
    Similarity Rank: 57
    FIRST HERITAGE FEDERAL CREDIT UNION
    Similarity Rank: 65
    CFCU Community Credit Union
    Similarity Rank: 72
    N C P D Federal Credit Union
    Similarity Rank: 102
    BELLCO
    Similarity Rank: 176
    Geddes Federal Savings and Loan Association
    Similarity Rank: 192
    COUNTRYSIDE Federal Credit Union
    Similarity Rank: 192
    First Citizens Community Bank
    Similarity Rank: 243
    ESL Federal Credit Union
    Similarity Rank: 256

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,144 $428,740,000 $199,972 $2,492 3.07%
    HELOC 871 $86,485,000 $99,294 n/a 1.33%

    For 2021, Visions's most frequently originated type of loan was Conventional, with 2,144 originations. Their 2nd most popular type was HELOC, with 871 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,020 $213,870,000 $209,676 $2,433 2.82%
    Home Purchase 715 $152,545,000 $213,350 $3,047 3.09%
    Home Improvement 566 $49,990,000 $88,322 $852 1.64%
    Refi 358 $64,200,000 $179,330 $2,346 2.93%
    Other 355 $34,535,000 $97,282 $1,142 1.92%
    NA 1 $85,000 $85,000 $0 4.25%

    For 2021, Visions's most frequently cited loan purpose was Cash Out Refi, with 1,020 originations. The 2nd most popular reason was Home Purchase, with 715 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,229 $394,575,000 $177,019 $2,715 2.38%
    15 Year 498 $63,370,000 $127,249 $1,840 3.14%
    20 Year 246 $46,400,000 $188,618 $2,783 2.94%
    10 Year 25 $9,345,000 $373,800 $532 3.79%
    Other 15 $1,485,000 $99,000 $1,092 3.41%
    5 Year 2 $50,000 $25,000 $721 3.75%

    For 2021, Visions's most frequently cited loan duration was 30 Year, with 2,229 originations. The 2nd most popular length was 15 Year, with 498 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,935 $373,055,000 $192,793
    $1k-2k 95 $12,765,000 $134,368
    $2k-3k 40 $9,580,000 $239,500
    $3k-4k 14 $4,610,000 $329,286
    $4k-5k 12 $5,130,000 $427,500
    $5k+ 7 $4,225,000 $603,571

    Visions's average total fees were $2,715, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,935 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,447 $312,995,000 $216,306
    <2.5% 961 $106,745,000 $111,077
    3-4% 583 $88,505,000 $151,810
    4-5% 24 $6,980,000 $290,833

    During 2021, Visions's average interest rate for loans was 2.38%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,447 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,096 $67,330,000 $61,432 $1,509 2.35%
    $100k-200k 1,086 $150,580,000 $138,656 $2,279 2.65%
    $200k-400k 628 $167,730,000 $267,086 $3,107 2.72%
    $400k-600k 139 $65,755,000 $473,058 $4,259 2.88%
    $600k-1MM 53 $37,875,000 $714,623 $4,987 2.91%
    $1MM+ 13 $25,955,000 $1,996,538 $7,685 3.26%

    2021 saw Visions place emphasis on $100,000 or less loans with 1,096 originations, totaling $67,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 738 $126,910,000 $171,965 $2,636 2.50%
    $150k-250k 593 $129,195,000 $217,867 $2,896 2.36%
    $50k-75k 545 $61,585,000 $113,000 $2,144 2.70%
    $75k-100k 496 $68,700,000 $138,508 $2,327 2.66%
    $50k or less 347 $29,875,000 $86,095 $2,021 2.93%
    $250k+ 206 $70,490,000 $342,184 $3,752 2.22%

    Visions lent most frequently to those with incomes in the $100k-150k range, with 738 originations. The second most popular income band? $150k-250k, with 593 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 836 $139,030,000 $166,304 $2,494 2.63%
    30-36% 545 $94,195,000 $172,835 $2,522 2.60%
    <20% 358 $53,850,000 $150,419 $2,406 2.64%
    41% 121 $19,915,000 $164,587 $2,654 2.45%
    36% 107 $17,465,000 $163,224 $2,680 2.54%
    44% 105 $19,025,000 $181,190 $2,894 2.29%
    42% 101 $16,485,000 $163,218 $2,259 2.60%
    43% 101 $15,775,000 $156,188 $2,092 2.66%
    38% 92 $16,330,000 $177,500 $2,517 2.56%
    39% 90 $17,190,000 $191,000 $2,792 2.44%
    49% 88 $14,810,000 $168,295 $2,551 2.18%
    45% 80 $13,050,000 $163,125 $1,998 2.45%
    37% 79 $12,375,000 $156,646 $2,448 2.44%
    40% 75 $11,735,000 $156,467 $2,929 2.57%
    48% 71 $13,365,000 $188,239 $2,537 2.41%
    46% 69 $10,365,000 $150,217 $2,650 2.34%
    47% 54 $8,620,000 $159,630 $2,217 2.62%
    50-60% 21 $3,365,000 $160,238 $1,470 2.87%
    >60% 7 $1,025,000 $146,429 $2,622 3.02%

    Visions lent most frequently to those with DTI ratios of 20-30%, with 836 originations. The next most common DTI ratio? 30-36%, with 545 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,503 $401,475,000 $160,398 $2,439 2.55%
    Not provided 311 $58,495,000 $188,087 $2,717 2.71%
    Not applicable 19 $17,815,000 $937,632 $433 3.62%
    Black 89 $17,285,000 $194,213 $2,715 2.72%
    Asian 75 $15,965,000 $212,867 $2,719 2.49%
    Asian Indian 11 $1,995,000 $181,364 $3,157 1.43%
    American Indian 3 $1,105,000 $368,333 $4,259 2.83%
    Chinese 1 $355,000 $355,000 $3,047 2.88%
    Filipino 1 $305,000 $305,000 $2,291 2.88%
    Other Asian 1 $285,000 $285,000 $5,818 2.50%
    Native Hawaiian or Islander 1 $145,000 $145,000 $0 1.99%

    Approval Rates

    Total approvals of all applications
    86.57%

    Visions has an average approval rate.

    Pick Rate

    Approvals leading to origination
    66.00%

    Visions has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,015 $515,225,000 $170,887

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,015 $515,225,000 $170,887

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 544 $55,950,000 $102,849 $1,563 1.94%
    40-60% 432 $65,820,000 $152,361 $2,225 2.65%
    60-80% 915 $213,945,000 $233,820 $2,711 2.86%
    80-100% 723 $151,985,000 $210,214 $2,853 2.98%
    Under 20% 401 $27,525,000 $68,641 $797 1.95%