1st Signature Lending Mortgage Rates, Fees & Info
Indianapolis, INLEI: 549300TKFZR4QBNE5D40
Tax ID: 01-0737466
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
1st Signature Lending is a smaller mortgage company specializing in Refi and Home Purchase loans. 1st Signature Lending 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: Indianapolis, Charlotte, Atlanta, Cincinnati, and Nashville among others. We have data for 142 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.
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 | 6.78% | 4/18/24 |
| 30 Year Conventional Refi | 6.37% | 4/18/24 |
| 30 Year Cash-out Refi | 6.81% | 4/18/24 |
| 30 Year FHA Purchase | 7.71% | 4/18/24 |
| 30 Year FHA Refi | 7.41% | 4/18/24 |
| 30 Year VA Purchase | 6.70% | 4/18/24 |
| 30 Year VA Refi | 7.18% | 4/18/24 |
| 30 Year USDA Purchase | 7.08% | 4/18/24 |
| 30 Year USDA Refi | 6.08% | 4/18/24 |
| 15 Year Conventional Purchase | 5.94% | 4/18/24 |
| 15 Year Conventional Refi | 6.75% | 4/18/24 |
| 15 Year Cash-out Refi | 6.75% | 4/18/24 |
| 15 Year FHA Refi | 5.68% | 4/18/24 |
| 15 Year VA Purchase | 6.95% | 4/18/24 |
| 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. | ||
1st Signature Lending Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from 1st Signature Lending. 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
902Origination Dollar Volume (All Markets)
$194,240,000Awards
1ST SIGNATURE LENDING - 2020
1ST SIGNATURE LENDING is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for 1ST SIGNATURE LENDING?
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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 155 | $32,665,000 | $210,742 | $4,543 | 2.93% |
| Outside of Metro Areas | 96 | $17,130,000 | $178,438 | $8,112 | 3.83% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 42 | $11,530,000 | $274,524 | $5,216 | 2.71% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 43 | $10,795,000 | $251,047 | $7,268 | 3.42% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 32 | $7,750,000 | $242,188 | $8,945 | 3.48% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 29 | $7,205,000 | $248,448 | $8,316 | 3.49% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 12 | $4,410,000 | $367,500 | $9,678 | 3.26% |
| LOUISVILLE, KY (FHA|USDA|VA) | 18 | $3,780,000 | $210,000 | $6,291 | 3.59% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 16 | $3,650,000 | $228,125 | $5,170 | 3.10% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 16 | $3,510,000 | $219,375 | $8,540 | 4.52% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 15 | $3,395,000 | $226,333 | $6,159 | 3.07% |
| COLUMBUS, OH (FHA|USDA|VA) | 11 | $3,335,000 | $303,182 | $10,538 | 4.33% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 7 | $2,715,000 | $387,857 | $10,908 | 3.59% |
| MUNCIE, IN (FHA|USDA|VA) | 14 | $2,700,000 | $192,857 | $4,603 | 3.21% |
| SAVANNAH, GA (FHA|USDA|VA) | 10 | $2,630,000 | $263,000 | $11,269 | 3.58% |
| KNOXVILLE, TN (FHA|USDA|VA) | 11 | $2,555,000 | $232,273 | $5,955 | 3.13% |
| OCALA, FL (FHA|USDA|VA) | 12 | $2,400,000 | $200,000 | $10,157 | 3.85% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 13 | $2,235,000 | $171,923 | $4,276 | 3.30% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 12 | $2,230,000 | $185,833 | $7,722 | 4.10% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $2,120,000 | $353,333 | $5,135 | 2.77% |
| COLUMBIA, SC (FHA|USDA|VA) | 11 | $2,105,000 | $191,364 | $7,762 | 3.47% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $1,925,000 | $275,000 | $8,104 | 4.29% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 11 | $1,755,000 | $159,545 | $8,789 | 3.60% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 6 | $1,690,000 | $281,667 | $9,244 | 3.94% |
| AKRON, OH (FHA|USDA|VA) | 7 | $1,675,000 | $239,286 | $5,753 | 3.21% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 8 | $1,630,000 | $203,750 | $9,245 | 3.72% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 7 | $1,575,000 | $225,000 | $8,083 | 2.70% |
| BURLINGTON, NC (FHA|USDA|VA) | 7 | $1,525,000 | $217,857 | $8,789 | 3.20% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $7,180 | 3.31% |
| ASHEVILLE, NC (FHA|USDA|VA) | 6 | $1,340,000 | $223,333 | $10,824 | 4.90% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 5 | $1,295,000 | $259,000 | $4,969 | 3.03% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 5 | $1,225,000 | $245,000 | $10,599 | 4.43% |
| Orangeburg, SC (FHA|USDA|VA) | 6 | $1,220,000 | $203,333 | $7,384 | 3.94% |
| GAINESVILLE, FL (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $11,080 | 4.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 7 | $1,065,000 | $152,143 | $8,846 | 3.55% |
| TOLEDO, OH (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $5,903 | 2.72% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $7,524 | 3.33% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $4,844 | 3.98% |
| OWENSBORO, KY (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $7,558 | 4.00% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $6,712 | 4.44% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $9,264 | 4.54% |
| Athens, TN (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $9,119 | 3.69% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 6 | $930,000 | $155,000 | $8,168 | 3.58% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $16,647 | 4.75% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $5,073 | 2.75% |
| KOKOMO, IN (FHA|USDA|VA) | 5 | $825,000 | $165,000 | $4,977 | 3.65% |
| CLEVELAND, TN (FHA|USDA|VA) | 6 | $800,000 | $133,333 | $5,503 | 3.54% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $4,188 | 3.00% |
| Bellefontaine, OH (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $11,094 | 4.42% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $7,018 | 4.13% |
| North Vernon, IN (FHA|USDA|VA) | 5 | $735,000 | $147,000 | $8,281 | 4.50% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $9,912 | 4.00% |
| Marion, NC (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $8,916 | 4.29% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $10,165 | 4.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $7,821 | 3.95% |
| New Castle, IN (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $10,887 | 3.67% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $8,623 | 2.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $7,373 | 4.21% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $6,742 | 4.59% |
| Lumberton, NC (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $7,971 | 2.88% |
| Fremont, OH (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $12,094 | 3.19% |
| Warsaw, IN (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $4,114 | 2.96% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $5,242 | 2.75% |
| Henderson, NC (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $8,386 | 4.72% |
| COLUMBUS, IN (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $6,234 | 3.79% |
| Murray, KY (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $4,328 | 3.46% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $9,495 | 4.88% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $10,459 | 3.38% |
| Union, SC (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $9,577 | 3.94% |
| Palatka, FL (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $6,974 | 4.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $5,396 | 3.25% |
| Lake City, FL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $9,292 | 2.81% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,667 | 2.81% |
| Thomasville, GA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,273 | 2.69% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $9,494 | 2.75% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $9,576 | 4.38% |
| GREENVILLE, NC (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $7,413 | 5.08% |
| ROME, GA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,963 | 2.75% |
| Urbana, OH (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $7,730 | 4.88% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,198 | 2.75% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,831 | 3.88% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $4,859 | 3.13% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,827 | 3.00% |
| Brevard, NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $7,690 | 4.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $4,472 | 3.04% |
| THE VILLAGES, FL (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $6,044 | 3.33% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $13,220 | 4.88% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $13,122 | 5.50% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $16,554 | 4.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,459 | 3.88% |
| Cullowhee, NC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $7,127 | 4.13% |
| Americus, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,118 | 3.13% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,797 | 2.38% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $8,648 | 4.88% |
| Danville, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,052 | 3.00% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $12,045 | 4.88% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $8,688 | 4.00% |
| Seneca, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $11,153 | 4.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,787 | 2.88% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,991 | 3.63% |
| Washington, NC (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $8,009 | 3.63% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,748 | 2.88% |
| Jasper, IN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,490 | 4.88% |
| Dayton, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $13,906 | 3.63% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $8,766 | 2.81% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $7,442 | 4.63% |
| Marion, IN (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $4,660 | 3.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,107 | 2.63% |
| Tifton, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $14,437 | 4.00% |
| Washington Court House, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,572 | 3.88% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,160 | 3.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,121 | 2.63% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $9,662 | 4.38% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,934 | 4.25% |
| Dublin, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $12,752 | 3.88% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,041 | 2.88% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,007 | 2.50% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,056 | 3.00% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,850 | 3.00% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,547 | 5.50% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,799 | 4.88% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,203 | 3.63% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,021 | 2.50% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,697 | 4.88% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,470 | 2.75% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,806 | 2.50% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,623 | 3.00% |
| Jesup, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,057 | 4.88% |
| Scottsburg, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,596 | 4.88% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,109 | 2.88% |
| Bedford, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,386 | 3.75% |
| Logansport, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,290 | 2.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $8,833 | 4.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,446 | 3.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,674 | 3.50% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,012 | 3.50% |
| Peru, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,934 | 3.50% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,499 | 3.50% |
| Athens, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,104 | 3.88% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,490 | 4.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,364 | 3.00% |
| Salem, OH (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $4,313 | 3.75% |
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.
Similarity Rank: 153
Similarity Rank: 372
Similarity Rank: 376
Similarity Rank: 396
Similarity Rank: 441
Similarity Rank: 488
Similarity Rank: 620
Similarity Rank: 625
Similarity Rank: 680
Similarity Rank: 684
Product Mix
For 2020, 1st Signature Lending's most frequently originated type of loan was Conventional, with 408 originations. Their 2nd most popular type was FHA, with 294 originations.
Loan Reason
For 2020, 1st Signature Lending's most frequently cited loan purpose was Refi, with 557 originations. The 2nd most popular reason was Home Purchase, with 303 originations.
Loan Duration/Length
For 2020, 1st Signature Lending's most frequently cited loan duration was 30 Year, with 472 originations. The 2nd most popular length was 30+ year, with 298 originations.
Origination Fees/Closing Costs
1st Signature Lending's average total fees were $5,451, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 280 originations.
Interest Rates
During 2020, 1st Signature Lending's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 285 originations.
Loan Sizing
2020 saw 1st Signature Lending place emphasis on $100k-200k loans with 407 originations, totaling $62,105,000 in origination value.
Applicant Income
1st Signature Lending lent most frequently to those with incomes in the $50k-75k range, with 264 originations. The second most popular income band? $50k or less, with 227 originations.
Applicant Debt to Income Ratio
1st Signature Lending lent most frequently to those with DTI ratios of 20-30%, with 172 originations. The next most common DTI ratio? 30-36%, with 141 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.08%
1st Signature Lending has an average approval rate.
Pick Rate
Approvals leading to origination19.84%
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 | 902 | $194,240,000 | $215,344 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 208 | $32,780,000 | $157,596 |
| Single Family (1-4 Units):Site-Built | 694 | $161,460,000 | $232,651 |