1st Signature Lending Mortgage Rates, Fees & Info
Indianapolis, INLEI: 549300TKFZR4QBNE5D40
Tax ID: 01-0737466
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Mortgage Data
Review & Overview
1st Signature Lending is a smaller mortgage company specializing in Home Purchase and Refi loans. They have a a high proportion of FHA loans. 1st Signature Lending has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Indianapolis, Cincinnati, Colorado Springs, Charlotte, and Atlanta among others. We have data for 190 markets. (Some data included below & more in-depth data is available with an active subscription.)1st Signature Lending 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. 1st Signature Lending 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 | 6.90% | 12/4/22 |
| 30 Year Conventional Refi | 6.83% | 12/4/22 |
| 30 Year Cash-out Refi | 6.97% | 12/4/22 |
| 30 Year FHA Purchase | 7.93% | 12/4/22 |
| 30 Year FHA Refi | 7.69% | 12/4/22 |
| 30 Year VA Purchase | 6.91% | 12/4/22 |
| 30 Year VA Refi | 6.60% | 12/4/22 |
| 30 Year USDA Purchase | 7.11% | 12/4/22 |
| 30 Year USDA Refi | 8.20% | 12/4/22 |
| 15 Year Conventional Purchase | 6.68% | 12/4/22 |
| 15 Year Conventional Refi | 6.32% | 12/4/22 |
| 15 Year Cash-out Refi | 6.32% | 12/4/22 |
| 15 Year FHA Refi | 7.22% | 12/4/22 |
| 15 Year VA Refi | 6.08% | 12/4/22 |
| 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
1,118Origination Dollar Volume (All Markets)
$236,180,000Awards
1ST SIGNATURE LENDING - 2021
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For 2021, less than of lenders were eligible for this award.
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Relative Rate
1st Signature Lending's average 30 year fixed mortgage rate was
3.11%.
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of -0.04%.
Relative Fees (Closing Costs)
1st Signature Lending's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,389.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 148 | $29,260,000 | $197,703 | $7,873 | 3.67% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 81 | $18,345,000 | $226,481 | $5,135 | 2.95% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 37 | $8,555,000 | $231,216 | $9,150 | 3.69% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 20 | $8,500,000 | $425,000 | $11,964 | 4.36% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 34 | $7,180,000 | $211,176 | $6,833 | 3.44% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 29 | $6,565,000 | $226,379 | $6,717 | 3.08% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 29 | $5,835,000 | $201,207 | $11,908 | 3.68% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 28 | $5,140,000 | $183,571 | $7,564 | 3.62% |
| ASHEVILLE, NC (FHA|USDA|VA) | 23 | $4,825,000 | $209,783 | $8,736 | 3.70% |
| COLUMBIA, SC (FHA|USDA|VA) | 22 | $4,720,000 | $214,545 | $6,356 | 3.31% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 20 | $4,630,000 | $231,500 | $9,697 | 3.87% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 21 | $4,355,000 | $207,381 | $8,292 | 3.30% |
| COLUMBUS, OH (FHA|USDA|VA) | 16 | $3,940,000 | $246,250 | $8,267 | 3.45% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 13 | $3,465,000 | $266,538 | $8,931 | 4.07% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 18 | $3,280,000 | $182,222 | $7,832 | 3.51% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 14 | $3,230,000 | $230,714 | $10,598 | 4.17% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $3,015,000 | $177,353 | $6,982 | 3.04% |
| OCALA, FL (FHA|USDA|VA) | 14 | $2,990,000 | $213,571 | $8,149 | 4.04% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 14 | $2,940,000 | $210,000 | $3,966 | 3.12% |
| KNOXVILLE, TN (FHA|USDA|VA) | 15 | $2,925,000 | $195,000 | $21,752 | 3.40% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 13 | $2,695,000 | $207,308 | $7,153 | 3.77% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 14 | $2,550,000 | $182,143 | $9,824 | 3.97% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 9 | $2,355,000 | $261,667 | $10,893 | 3.72% |
| MORRISTOWN, TN (FHA|USDA|VA) | 12 | $2,330,000 | $194,167 | $8,739 | 3.40% |
| SPARTANBURG, SC (FHA|USDA|VA) | 12 | $2,220,000 | $185,000 | $9,379 | 3.96% |
| Sevierville, TN (FHA|USDA|VA) | 11 | $2,155,000 | $195,909 | $7,922 | 3.92% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 9 | $2,055,000 | $228,333 | $7,401 | 4.17% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 8 | $2,050,000 | $256,250 | $10,522 | 3.81% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $2,020,000 | $202,000 | $7,789 | 3.06% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $2,010,000 | $251,250 | $8,547 | 3.13% |
| SAVANNAH, GA (FHA|USDA|VA) | 7 | $1,865,000 | $266,429 | $7,093 | 3.45% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $1,830,000 | $228,750 | $7,968 | 3.61% |
| Athens, TN (FHA|USDA|VA) | 10 | $1,800,000 | $180,000 | $7,992 | 3.55% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 9 | $1,655,000 | $183,889 | $10,253 | 3.79% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 8 | $1,640,000 | $205,000 | $7,080 | 3.94% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 9 | $1,615,000 | $179,444 | $6,764 | 3.19% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 8 | $1,590,000 | $198,750 | $10,636 | 4.14% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 7 | $1,555,000 | $222,143 | $7,415 | 3.14% |
| Cañon City, CO (FHA|USDA|VA) | 3 | $1,545,000 | $515,000 | $10,403 | 4.46% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4 | $1,540,000 | $385,000 | $9,743 | 3.06% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $1,335,000 | $445,000 | $9,862 | 2.58% |
| GAINESVILLE, FL (FHA|USDA|VA) | 6 | $1,320,000 | $220,000 | $10,238 | 3.75% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 6 | $1,300,000 | $216,667 | $10,397 | 4.10% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $8,975 | 3.85% |
| Greeneville, TN (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $8,423 | 3.80% |
| VALDOSTA, GA (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $6,774 | 4.28% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 5 | $1,205,000 | $241,000 | $9,183 | 3.38% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 8 | $1,200,000 | $150,000 | $8,597 | 3.50% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $11,970 | 3.66% |
| MUNCIE, IN (FHA|USDA|VA) | 6 | $1,100,000 | $183,333 | $6,018 | 3.42% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $8,151 | 3.73% |
| PANAMA CITY, FL (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $7,256 | 3.90% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $7,130 | 3.69% |
| New Castle, IN (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $12,293 | 4.88% |
| Shelby, NC (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $9,820 | 3.75% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $13,843 | 4.38% |
| Henderson, NC (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $9,994 | 3.43% |
| Wilmington, OH (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $12,160 | 4.29% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $8,119 | 4.20% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $7,755 | 3.05% |
| WILMINGTON, NC (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $10,850 | 3.78% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $10,011 | 3.48% |
| Lumberton, NC (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $7,895 | 4.10% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $5,310 | 2.93% |
| FLORENCE, SC (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $14,575 | 4.83% |
| Sanford, NC (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $8,289 | 3.38% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $3,840 | 3.25% |
| Palatka, FL (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $10,313 | 4.46% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $10,128 | 3.08% |
| Scottsburg, IN (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $8,784 | 4.47% |
| Thomasville, GA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $6,538 | 3.88% |
| Gaffney, SC (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $8,891 | 4.25% |
| TOLEDO, OH (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $5,647 | 3.29% |
| Lake City, FL (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $12,006 | 3.75% |
| Orangeburg, SC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $9,975 | 3.21% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $5,228 | 2.88% |
| Wilson, NC (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $8,581 | 2.67% |
| Lawrenceburg, TN (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $9,913 | 4.88% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $10,011 | 4.42% |
| OWENSBORO, KY (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $8,183 | 3.38% |
| Cookeville, TN (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $3,756 | 2.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $9,843 | 4.00% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $7,088 | 2.92% |
| Marion, OH (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $14,201 | 3.88% |
| Greensburg, IN (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $5,752 | 3.21% |
| Logansport, IN (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $10,107 | 4.06% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $25,717 | 4.88% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $6,052 | 3.17% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $11,735 | 4.25% |
| BURLINGTON, NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $10,883 | 4.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $11,759 | 3.00% |
| Okeechobee, FL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $12,425 | 4.06% |
| Peru, IN (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,476 | 4.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $6,465 | 3.75% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $7,228 | 2.31% |
| FORT WAYNE, IN (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $4,689 | 3.08% |
| Seymour, IN (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $5,980 | 3.54% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,569 | 2.56% |
| Durango, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $11,606 | 3.50% |
| COLUMBUS, IN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $8,136 | 4.06% |
| Bellefontaine, OH (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $8,638 | 4.06% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $16,473 | 4.88% |
| Sidney, OH (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $16,911 | 4.88% |
| Bainbridge, GA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $16,612 | 4.88% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $8,202 | 2.63% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,748 | 4.88% |
| Lewisburg, TN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,112 | 3.00% |
| Ashtabula, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $9,441 | 3.81% |
| Crossville, TN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,023 | 2.94% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $5,051 | 3.33% |
| Salem, OH (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,764 | 3.81% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $8,913 | 3.63% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $15,084 | 4.88% |
| Paducah, KY-IL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $8,139 | 2.94% |
| Union, SC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $7,385 | 4.88% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,898 | 4.88% |
| Bedford, IN (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,311 | 3.19% |
| Waycross, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $15,202 | 3.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $4,746 | 2.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $7,740 | 4.13% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,315 | 3.50% |
| Marion, NC (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $7,930 | 4.06% |
| Paris, TN (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $6,617 | 3.50% |
| Central City, KY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,913 | 2.13% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,815 | 4.88% |
| Douglas, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,002 | 2.75% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,622 | 4.88% |
| Findlay, OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,109 | 3.13% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,123 | 4.88% |
| Union City, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,738 | 4.88% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $12,549 | 4.75% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $5,141 | 3.33% |
| Danville, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,635 | 4.88% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,691 | 3.25% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $6,944 | 2.63% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,162 | 2.88% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,017 | 3.13% |
| Warsaw, IN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $3,358 | 2.75% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,942 | 3.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,447 | 4.88% |
| Washington, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $12,894 | 3.63% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,413 | 3.25% |
| Marion, IN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,294 | 3.38% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,769 | 3.63% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,174 | 3.25% |
| Maysville, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,443 | 4.88% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,602 | 3.25% |
| Huntington, IN (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $5,131 | 2.63% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,534 | 3.63% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,821 | 2.63% |
| DALTON, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,733 | 3.63% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,642 | 4.88% |
| Brevard, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,717 | 3.63% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,307 | 3.63% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,781 | 3.63% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,409 | 4.88% |
| Mount Sterling, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,806 | 3.13% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,502 | 4.75% |
| AKRON, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,521 | 3.13% |
| Wapakoneta, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,919 | 2.75% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $5,490 | 3.56% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,656 | 3.00% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,330 | 3.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,450 | 3.25% |
| Connersville, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,379 | 3.25% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,559 | 3.13% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,932 | 3.13% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.50% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $9,618 | 3.25% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,717 | 2.75% |
| Jesup, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,093 | 3.50% |
| Celina, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $7,127 | 2.38% |
| Newport, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,819 | 3.13% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,299 | 2.50% |
| Jasper, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,342 | 2.50% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,108 | 3.63% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,031 | 2.13% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,999 | 3.50% |
| Glasgow, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,148 | 3.75% |
| Dayton, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,688 | 3.25% |
| Brownsville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,462 | 3.38% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $9,401 | 2.75% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,965 | 2.88% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,326 | 3.38% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,530 | 3.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,400 | 2.50% |
| Wabash, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,604 | 3.75% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,319 | 3.63% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,233 | 2.75% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $6,010 | 3.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against 1ST SIGNATURE LENDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, 1st Signature Lending's most frequently originated type of loan was FHA, with 474 originations. Their 2nd most popular type was Conventional, with 401 originations.
Loan Reason
For 2021, 1st Signature Lending's most frequently cited loan purpose was Home Purchase, with 435 originations. The 2nd most popular reason was Refi, with 431 originations.
Loan Duration/Length
For 2021, 1st Signature Lending's most frequently cited loan duration was 30 Year, with 515 originations. The 2nd most popular length was 30+ year, with 441 originations.
Origination Fees/Closing Costs
1st Signature Lending's average total fees were $6,389, while their most frequently occuring range of origination fees (closing costs) were in the $3k-4k bucket, with 308 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 467 | $83,565,000 | $178,940 |
| 4-5% | 310 | $83,720,000 | $270,065 |
| 2.5-3% | 241 | $46,495,000 | $192,925 |
| <2.5% | 100 | $22,400,000 | $224,000 |
During 2021, 1st Signature Lending's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 467 originations.
Loan Sizing
2021 saw 1st Signature Lending place emphasis on $100k-200k loans with 477 originations, totaling $71,695,000 in origination value.
Applicant Income
1st Signature Lending lent most frequently to those with incomes in the $50k-75k range, with 350 originations. The second most popular income band? $50k or less, with 350 originations.
Applicant Debt to Income Ratio
1st Signature Lending lent most frequently to those with DTI ratios of 50-60%, with 193 originations. The next most common DTI ratio? 30-36%, with 173 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.09%
1st Signature Lending has an average approval rate.
Pick Rate
Approvals leading to origination-7.07%
1st Signature Lending 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 | 1,118 | $236,180,000 | $211,252 |
