1st Signature Lending Mortgage Rates, Fees & Info

Indianapolis, IN

LEI: 549300TKFZR4QBNE5D40

Tax ID: 01-0737466

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

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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% 11/17/24
30 Year Conventional Refi 6.37% 11/17/24
30 Year Cash-out Refi 6.81% 11/17/24
30 Year FHA Purchase 7.71% 11/17/24
30 Year FHA Refi 7.41% 11/17/24
30 Year VA Purchase 6.70% 11/17/24
30 Year VA Refi 7.18% 11/17/24
30 Year USDA Purchase 7.08% 11/17/24
30 Year USDA Refi 6.08% 11/17/24
15 Year Conventional Purchase 5.94% 11/17/24
15 Year Conventional Refi 6.75% 11/17/24
15 Year Cash-out Refi 6.75% 11/17/24
15 Year FHA Refi 5.68% 11/17/24
15 Year VA Purchase 6.95% 11/17/24
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

902

Origination Dollar Volume (All Markets)

$194,240,000
Show all (9) 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
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%
CaƱon 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%
1st Signature Lending's top markets include Indianapolis, Charlotte, Atlanta, Cincinnati, and Nashville among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 408 $91,250,000 $223,652 $4,345 2.95%
    FHA 294 $56,470,000 $192,075 $9,875 3.99%
    VA 144 $37,230,000 $258,542 $8,726 3.95%
    USDA 56 $9,290,000 $165,893 $7,339 3.60%

    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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 557 $120,205,000 $215,808 $6,480 3.44%
    Home Purchase 303 $65,585,000 $216,452 $8,375 3.69%
    Cash Out Refi 42 $8,450,000 $201,190 $4,520 2.71%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 472 $100,650,000 $213,242 $5,451 3.03%
    30+ year 298 $65,760,000 $220,671 $10,771 4.57%
    15 Year 84 $18,270,000 $217,500 $4,211 2.53%
    20 Year 23 $3,925,000 $170,652 $4,759 3.07%
    Other 19 $4,535,000 $238,684 $4,127 2.93%
    10 Year 6 $1,100,000 $183,333 $3,897 2.63%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 280 $66,260,000 $236,643
    $3k-4k 208 $37,490,000 $180,240
    $2k-3k 164 $28,010,000 $170,793
    $5k+ 144 $39,740,000 $275,972
    $4k-5k 100 $22,040,000 $220,400
    $<1k 6 $700,000 $116,667

    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

    Loan Rate Originations Total Value Average Loan
    2.5-3% 285 $61,415,000 $215,491
    3-4% 248 $45,080,000 $181,774
    4-5% 150 $32,550,000 $217,000
    <2.5% 140 $36,690,000 $262,071
    5-6% 65 $14,845,000 $228,385
    6-7% 14 $3,660,000 $261,429

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 407 $62,105,000 $152,592 $6,447 3.58%
    $200k-400k 390 $105,800,000 $271,282 $7,680 3.44%
    $100,000 or less 58 $4,640,000 $80,000 $4,468 3.31%
    $400k-600k 47 $21,695,000 $461,596 $9,756 3.32%

    2020 saw 1st Signature Lending place emphasis on $100k-200k loans with 407 originations, totaling $62,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 264 $50,110,000 $189,811 $7,680 3.63%
    $50k or less 227 $34,305,000 $151,123 $6,395 3.56%
    $75k-100k 179 $41,985,000 $234,553 $7,644 3.61%
    $100k-150k 166 $45,370,000 $273,313 $6,871 3.34%
    $150k-250k 51 $16,345,000 $320,490 $5,399 2.79%
    $250k+ 14 $5,820,000 $415,714 $4,939 2.54%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 172 $36,980,000 $215,000 $5,504 3.11%
    30-36% 141 $28,445,000 $201,738 $5,897 3.24%
    50-60% 101 $23,695,000 $234,604 $10,509 4.07%
    <20% 54 $12,810,000 $237,222 $3,981 2.81%
    41% 42 $8,560,000 $203,810 $6,628 3.50%
    44% 41 $8,705,000 $212,317 $7,669 3.70%
    38% 37 $7,705,000 $208,243 $7,312 3.73%
    42% 35 $7,725,000 $220,714 $7,312 3.64%
    43% 33 $6,545,000 $198,333 $8,071 3.49%
    40% 32 $6,600,000 $206,250 $7,650 3.56%
    48% 29 $5,965,000 $205,690 $8,828 4.16%
    37% 29 $5,985,000 $206,379 $6,183 3.50%
    39% 29 $6,665,000 $229,828 $6,352 3.73%
    36% 29 $6,145,000 $211,897 $7,359 3.32%
    45% 27 $5,895,000 $218,333 $7,400 3.82%
    46% 24 $4,990,000 $207,917 $8,183 3.71%
    49% 23 $4,895,000 $212,826 $9,367 4.01%
    47% 22 $5,330,000 $242,273 $8,511 3.74%
    >60% 2 $600,000 $300,000 $11,043 2.88%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 748 $158,560,000 $211,979 $7,117 3.51%
    Black 88 $18,560,000 $210,909 $7,632 3.72%
    Asian 37 $10,575,000 $285,811 $4,302 2.64%
    Not provided 22 $5,620,000 $255,455 $6,110 3.21%
    American Indian 6 $780,000 $130,000 $6,572 3.40%
    Native Hawaiian or Islander 1 $145,000 $145,000 $9,175 2.75%

    Approval Rates

    Total approvals of all applications
    88.08%

    1st Signature Lending has an average approval rate.

    Pick Rate

    Approvals leading to origination
    19.84%

    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

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 14 $2,140,000 $152,857 $4,273 3.18%
    40-60% 77 $16,995,000 $220,714 $3,970 2.92%
    60-80% 267 $56,315,000 $210,918 $4,834 3.01%
    80-100% 517 $109,935,000 $212,640 $8,174 3.78%
    Over 100% 27 $8,855,000 $327,963 $16,949 4.34%