Thrive Mortgage Rates, Fees & Info

CARROLLTON, TX

LEI: 549300TM179TSKK3HQ94

Tax ID: 20-0353048

2 stars - out of 5 stars, based on 81 reviews

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

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Mortgage Data

Review & Overview

Thrive Mortgage is a small mortgage company specializing in Home Purchase loans. Thrive Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, San Antonio, Houston, Austin, and Dayton among others. We have data for 280 markets. (Some data included below & more in-depth data is available with an active subscription.)

Thrive Mortgage 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. Thrive Mortgage is typically a high 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 6.70% 5/28/23
30 Year Conventional Refi 6.57% 5/28/23
30 Year Cash-out Refi 6.79% 5/28/23
30 Year FHA Purchase 7.76% 5/28/23
30 Year FHA Refi 7.33% 5/28/23
30 Year VA Purchase 6.47% 5/28/23
30 Year VA Refi 6.15% 5/28/23
30 Year USDA Purchase 6.96% 5/28/23
15 Year Conventional Purchase 5.77% 5/28/23
15 Year Conventional Refi 6.23% 5/28/23
15 Year Cash-out Refi 6.23% 5/28/23
15 Year FHA Purchase 7.86% 5/28/23
15 Year VA Purchase 5.91% 5/28/23
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.

Thrive Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Thrive Mortgage. 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

6,499

Origination Dollar Volume (All Markets)

$1,890,365,000
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Relative Rate

Thrive Mortgage's average 30 year fixed mortgage rate was 5.14%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.38%.

Relative Fees (Closing Costs)

Thrive Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $8,364.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 997 $381,795,000 $382,944 $10,517 5.02%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 684 $231,380,000 $338,275 $10,762 4.90%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 701 $205,235,000 $292,775 $8,682 5.13%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 385 $154,815,000 $402,117 $10,042 4.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 502 $92,200,000 $183,665 $5,438 5.30%
Outside of Metro Areas 247 $61,545,000 $249,170 $7,734 5.09%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 148 $58,870,000 $397,770 $8,787 4.33%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 127 $51,645,000 $406,654 $7,890 4.43%
LOUISVILLE, KY (FHA|USDA|VA) 234 $48,580,000 $207,607 $4,310 4.86%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 180 $40,210,000 $223,389 $5,345 5.68%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 117 $34,045,000 $290,983 $9,796 5.26%
PUEBLO, CO (FHA|USDA|VA) 118 $30,250,000 $256,356 $9,433 5.32%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 96 $24,200,000 $252,083 $6,433 4.95%
LYNCHBURG, VA (FHA|USDA|VA) 110 $19,880,000 $180,727 $5,051 4.81%
KANSAS CITY, MO-KS (FHA|USDA|VA) 59 $19,095,000 $323,644 $4,400 4.91%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 73 $16,405,000 $224,726 $8,059 5.49%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 57 $15,015,000 $263,421 $7,021 4.77%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 57 $14,945,000 $262,193 $12,303 5.22%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 49 $14,415,000 $294,184 $6,613 4.99%
WICHITA, KS (FHA|USDA|VA) 68 $12,010,000 $176,618 $4,844 4.53%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 42 $11,520,000 $274,286 $8,305 5.07%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 29 $10,295,000 $355,000 $8,715 5.76%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 33 $9,585,000 $290,455 $5,791 4.30%
SHERMAN-DENISON, TX (FHA|USDA|VA) 28 $9,250,000 $330,357 $10,083 5.51%
LUBBOCK, TX (FHA|USDA|VA) 41 $8,975,000 $218,902 $7,168 5.61%
AMARILLO, TX (FHA|USDA|VA) 53 $8,955,000 $168,962 $5,815 4.46%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 22 $8,770,000 $398,636 $8,623 5.52%
COLUMBIA, SC (FHA|USDA|VA) 44 $8,480,000 $192,727 $7,151 5.36%
WACO, TX (FHA|USDA|VA) 34 $8,060,000 $237,059 $8,075 5.25%
LAREDO, TX (FHA|USDA|VA) 40 $7,840,000 $196,000 $8,796 5.73%
SPRINGFIELD, OH (FHA|USDA|VA) 45 $7,485,000 $166,333 $5,834 5.26%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 18 $7,440,000 $413,333 $11,923 5.00%
KNOXVILLE, TN (FHA|USDA|VA) 35 $6,755,000 $193,000 $8,684 5.71%
CORPUS CHRISTI, TX (FHA|USDA|VA) 21 $6,565,000 $312,619 $12,131 4.99%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 44 $6,470,000 $147,045 $6,737 4.57%
RALEIGH-CARY, NC (FHA|USDA|VA) 15 $5,945,000 $396,333 $7,247 4.43%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 36 $5,200,000 $144,444 $4,860 4.47%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 16 $4,640,000 $290,000 $7,150 5.82%
COLORADO SPRINGS, CO (FHA|USDA|VA) 11 $4,575,000 $415,909 $15,008 5.14%
GREELEY, CO (FHA|USDA|VA) 12 $4,560,000 $380,000 $7,216 3.99%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 14 $4,260,000 $304,286 $9,933 5.20%
COLUMBUS, OH (FHA|USDA|VA) 17 $4,255,000 $250,294 $6,449 5.83%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 17 $4,185,000 $246,176 $8,236 5.74%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 15 $4,065,000 $271,000 $10,989 4.35%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 15 $4,005,000 $267,000 $6,074 3.15%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 23 $3,805,000 $165,435 $6,572 6.23%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 11 $3,645,000 $331,364 $9,279 4.89%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 18 $3,560,000 $197,778 $7,273 4.94%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 12 $3,530,000 $294,167 $5,960 5.85%
FORT WAYNE, IN (FHA|USDA|VA) 17 $3,395,000 $199,706 $3,739 5.58%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 13 $3,385,000 $260,385 $8,765 5.23%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $3,355,000 $671,000 $12,805 4.70%
Athens, TX (FHA|USDA|VA) 11 $3,255,000 $295,909 $9,150 5.23%
TUCSON, AZ (FHA|USDA|VA) 12 $3,200,000 $266,667 $8,401 5.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 12 $3,010,000 $250,833 $7,560 6.07%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 14 $2,950,000 $210,714 $4,155 6.19%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $2,780,000 $278,000 $8,373 4.84%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $2,595,000 $370,714 $8,312 5.66%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 9 $2,585,000 $287,222 $6,833 3.39%
Corsicana, TX (FHA|USDA|VA) 11 $2,425,000 $220,455 $7,641 5.28%
WARNER ROBINS, GA (FHA|USDA|VA) 10 $2,420,000 $242,000 $7,811 5.33%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $2,410,000 $401,667 $10,439 5.02%
BATON ROUGE, LA (FHA|USDA|VA) 6 $2,350,000 $391,667 $13,151 4.33%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 8 $2,270,000 $283,750 $4,915 6.89%
FLORENCE, SC (FHA|USDA|VA) 17 $2,265,000 $133,235 $5,458 3.80%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 9 $2,255,000 $250,556 $3,648 6.81%
Urbana, OH (FHA|USDA|VA) 13 $2,245,000 $172,692 $5,797 4.92%
MIDLAND, TX (FHA|USDA|VA) 8 $2,220,000 $277,500 $9,940 5.48%
Granbury, TX (FHA|USDA|VA) 7 $2,135,000 $305,000 $9,622 4.96%
Kerrville, TX (FHA|USDA|VA) 7 $2,045,000 $292,143 $7,968 4.73%
ASHEVILLE, NC (FHA|USDA|VA) 6 $1,930,000 $321,667 $4,951 4.54%
GRAND JUNCTION, CO (FHA|USDA|VA) 6 $1,920,000 $320,000 $6,439 5.27%
Greenville, OH (FHA|USDA|VA) 11 $1,885,000 $171,364 $6,226 5.72%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $1,775,000 $197,222 $6,669 4.43%
Breckenridge, CO (FHA|USDA|VA) 2 $1,770,000 $885,000 $17,179 4.75%
Gainesville, TX (FHA|USDA|VA) 5 $1,765,000 $353,000 $13,210 5.88%
YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,755,000 $351,000 $8,766 4.43%
Russellville, AR (FHA|USDA|VA) 13 $1,715,000 $131,923 $5,491 6.41%
Huntsville, TX (FHA|USDA|VA) 6 $1,640,000 $273,333 $10,340 6.25%
SALISBURY, MD-DE (FHA|USDA|VA) 7 $1,595,000 $227,857 $5,313 5.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,575,000 $315,000 $4,703 6.99%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,550,000 $387,500 $10,101 4.69%
EL PASO, TX (FHA|USDA|VA) 8 $1,430,000 $178,750 $7,710 4.52%
ROCKY MOUNT, NC (FHA|USDA|VA) 4 $1,390,000 $347,500 $11,249 5.22%
St. Marys, GA (FHA|USDA|VA) 5 $1,375,000 $275,000 $6,967 6.63%
Eagle Pass, TX (FHA|USDA|VA) 4 $1,370,000 $342,500 $11,006 4.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,355,000 $451,667 $15,546 4.13%
Pearsall, TX (FHA|USDA|VA) 4 $1,330,000 $332,500 $11,944 4.69%
VALLEJO, CA (FHA|USDA|VA) 6 $1,320,000 $220,000 $4,037 4.12%
FORT COLLINS, CO (FHA|USDA|VA) 4 $1,320,000 $330,000 $7,386 5.55%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,285,000 $257,000 $5,858 6.68%
Sulphur Springs, TX (FHA|USDA|VA) 5 $1,275,000 $255,000 $9,250 5.90%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 6 $1,270,000 $211,667 $5,364 4.63%
ROANOKE, VA (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,468 5.46%
Bluffton, IN (FHA|USDA|VA) 9 $1,255,000 $139,444 $2,685 6.58%
Bardstown, KY (FHA|USDA|VA) 6 $1,250,000 $208,333 $5,375 4.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $1,250,000 $208,333 $7,278 5.28%
Brenham, TX (FHA|USDA|VA) 4 $1,220,000 $305,000 $9,155 4.51%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $1,190,000 $595,000 $11,392 6.13%
LONGVIEW, TX (FHA|USDA|VA) 4 $1,150,000 $287,500 $12,462 5.09%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $1,125,000 $375,000 $8,555 4.71%
TYLER, TX (FHA|USDA|VA) 7 $1,125,000 $160,714 $5,581 4.82%
Rockport, TX (FHA|USDA|VA) 4 $1,050,000 $262,500 $8,407 5.19%
Danville, VA (FHA|USDA|VA) 7 $1,005,000 $143,571 $6,895 6.13%
BOWLING GREEN, KY (FHA|USDA|VA) 6 $1,000,000 $166,667 $6,723 5.10%
COLUMBUS, GA-AL (FHA|USDA|VA) 4 $990,000 $247,500 $7,121 5.59%
RICHMOND, VA (FHA|USDA|VA) 4 $990,000 $247,500 $5,159 4.22%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $970,000 $485,000 $20,940 4.69%
TULSA, OK (FHA|USDA|VA) 4 $950,000 $237,500 $5,132 5.63%
Warsaw, IN (FHA|USDA|VA) 4 $930,000 $232,500 $3,608 6.56%
ODESSA, TX (FHA|USDA|VA) 5 $915,000 $183,000 $8,044 5.85%
CHEYENNE, WY (FHA|USDA|VA) 2 $900,000 $450,000 $8,510 5.94%
Moses Lake, WA (FHA|USDA|VA) 3 $865,000 $288,333 $13,518 5.04%
BLOOMINGTON, IN (FHA|USDA|VA) 3 $855,000 $285,000 $5,490 7.04%
El Campo, TX (FHA|USDA|VA) 3 $855,000 $285,000 $14,820 5.17%
Ruidoso, NM (FHA|USDA|VA) 3 $835,000 $278,333 $7,174 4.63%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $810,000 $202,500 $7,753 5.31%
VICTORIA, TX (FHA|USDA|VA) 3 $795,000 $265,000 $10,059 5.58%
Campbellsville, KY (FHA|USDA|VA) 4 $770,000 $192,500 $4,632 4.25%
SAVANNAH, GA (FHA|USDA|VA) 3 $765,000 $255,000 $7,796 5.21%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $765,000 $765,000 $25,357 4.63%
Fort Morgan, CO (FHA|USDA|VA) 2 $760,000 $380,000 $5,137 6.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $755,000 $251,667 $3,909 5.12%
GREENVILLE, NC (FHA|USDA|VA) 3 $755,000 $251,667 $13,167 4.17%
Port Lavaca, TX (FHA|USDA|VA) 3 $755,000 $251,667 $10,819 5.79%
BEND, OR (FHA|USDA|VA) 2 $750,000 $375,000 $6,375 6.00%
Cañon City, CO (FHA|USDA|VA) 3 $745,000 $248,333 $12,821 5.50%
Paris, TX (FHA|USDA|VA) 2 $740,000 $370,000 $6,959 5.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $720,000 $360,000 $18,281 5.25%
Thomaston, GA (FHA|USDA|VA) 3 $685,000 $228,333 $7,169 6.63%
Bonham, TX (FHA|USDA|VA) 4 $680,000 $170,000 $6,535 5.97%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $680,000 $340,000 $8,864 4.69%
Ellensburg, WA (FHA|USDA|VA) 2 $650,000 $325,000 $18,233 4.69%
Key West, FL (FHA|USDA|VA) 1 $645,000 $645,000 $4,440 3.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $625,000 $625,000 $10,749 5.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $605,000 $201,667 $4,419 4.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $600,000 $300,000 $5,154 3.94%
Payson, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $6,128 6.31%
Alice, TX (FHA|USDA|VA) 2 $600,000 $300,000 $17,903 4.38%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $590,000 $295,000 $6,701 5.31%
Brainerd, MN (FHA|USDA|VA) 2 $590,000 $295,000 $6,690 5.31%
Jacksonville, TX (FHA|USDA|VA) 1 $585,000 $585,000 $4,882 4.38%
MONTGOMERY, AL (FHA|USDA|VA) 7 $585,000 $83,571 $3,332 3.79%
Lamesa, TX (FHA|USDA|VA) 3 $575,000 $191,667 $5,456 5.08%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $575,000 $575,000 $29,025 5.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $570,000 $285,000 $13,414 5.00%
Easton, MD (FHA|USDA|VA) 2 $570,000 $285,000 $8,265 5.25%
LAWRENCE, KS (FHA|USDA|VA) 2 $570,000 $285,000 $9,527 5.81%
Wilmington, OH (FHA|USDA|VA) 3 $565,000 $188,333 $6,800 5.67%
MODESTO, CA (FHA|USDA|VA) 1 $565,000 $565,000 $3,252 5.88%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $555,000 $555,000 $14,048 3.25%
Stephenville, TX (FHA|USDA|VA) 2 $540,000 $270,000 $5,075 6.00%
GETTYSBURG, PA (FHA|USDA|VA) 2 $530,000 $265,000 $9,057 5.06%
SPARTANBURG, SC (FHA|USDA|VA) 2 $530,000 $265,000 $6,898 6.00%
Natchitoches, LA (FHA|USDA|VA) 4 $530,000 $132,500 $6,325 3.81%
Dublin, GA (FHA|USDA|VA) 3 $525,000 $175,000 $7,187 4.79%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $520,000 $260,000 $8,268 4.19%
Sevierville, TN (FHA|USDA|VA) 2 $520,000 $260,000 $9,184 5.37%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $515,000 $515,000 $29,080 5.13%
Crescent City, CA (FHA|USDA|VA) 1 $515,000 $515,000 $4,287 7.13%
Sidney, OH (FHA|USDA|VA) 4 $510,000 $127,500 $5,525 5.50%
Mount Sterling, KY (FHA|USDA|VA) 3 $505,000 $168,333 $3,767 4.88%
Wapakoneta, OH (FHA|USDA|VA) 3 $505,000 $168,333 $4,598 5.33%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $495,000 $165,000 $5,175 5.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $495,000 $165,000 $6,466 6.17%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $485,000 $485,000 $14,894 5.38%
JOPLIN, MO (FHA|USDA|VA) 3 $485,000 $161,667 $4,720 5.25%
NEW BERN, NC (FHA|USDA|VA) 1 $485,000 $485,000 $23,294 5.63%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $480,000 $240,000 $7,257 4.31%
Dumas, TX (FHA|USDA|VA) 4 $480,000 $120,000 $5,889 4.41%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $480,000 $240,000 $3,476 5.33%
Bellefontaine, OH (FHA|USDA|VA) 2 $470,000 $235,000 $9,279 6.06%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $465,000 $465,000 $18,889 5.63%
Kingsville, TX (FHA|USDA|VA) 2 $460,000 $230,000 $11,591 5.00%
SUMTER, SC (FHA|USDA|VA) 2 $460,000 $230,000 $5,818 5.75%
COLUMBUS, IN (FHA|USDA|VA) 2 $450,000 $225,000 $6,322 6.19%
Albertville, AL (FHA|USDA|VA) 2 $450,000 $225,000 $4,059 4.88%
HATTIESBURG, MS (FHA|USDA|VA) 1 $445,000 $445,000 $4,617 3.25%
Washington, NC (FHA|USDA|VA) 2 $440,000 $220,000 $8,411 4.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $440,000 $220,000 $9,588 5.19%
LIMA, OH (FHA|USDA|VA) 3 $435,000 $145,000 $5,610 6.42%
Opelousas, LA (FHA|USDA|VA) 1 $435,000 $435,000 $8,306 4.75%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 3 $425,000 $141,667 $6,740 7.50%
OWENSBORO, KY (FHA|USDA|VA) 3 $425,000 $141,667 $2,992 4.92%
Oak Harbor, WA (FHA|USDA|VA) 1 $425,000 $425,000 $8,923 5.38%
Nacogdoches, TX (FHA|USDA|VA) 1 $425,000 $425,000 $10,728 6.13%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $425,000 $425,000 $20,228 7.00%
CLEVELAND, TN (FHA|USDA|VA) 2 $420,000 $210,000 $10,417 6.81%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $415,000 $415,000 $17,284 5.75%
Bay City, TX (FHA|USDA|VA) 2 $410,000 $205,000 $9,344 4.94%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $410,000 $205,000 $7,124 6.31%
MUNCIE, IN (FHA|USDA|VA) 4 $410,000 $102,500 $2,647 6.41%
Richmond-Berea, KY (FHA|USDA|VA) 1 $405,000 $405,000 $8,135 6.25%
Newberry, SC (FHA|USDA|VA) 1 $405,000 $405,000 $2,687 5.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $395,000 $395,000 $5,782 5.00%
MISSOULA, MT (FHA|USDA|VA) 1 $395,000 $395,000 $12,708 5.00%
ABILENE, TX (FHA|USDA|VA) 2 $390,000 $195,000 $4,708 5.13%
YUBA CITY, CA (FHA|USDA|VA) 2 $380,000 $190,000 $250 3.56%
Borger, TX (FHA|USDA|VA) 3 $375,000 $125,000 $5,307 5.58%
Rockingham, NC (FHA|USDA|VA) 2 $370,000 $185,000 $9,841 4.44%
Levelland, TX (FHA|USDA|VA) 2 $360,000 $180,000 $6,879 6.94%
WENATCHEE, WA (FHA|USDA|VA) 1 $355,000 $355,000 $21,287 4.50%
OCALA, FL (FHA|USDA|VA) 1 $345,000 $345,000 $11,488 5.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $335,000 $111,667 $3,319 4.25%
Orangeburg, SC (FHA|USDA|VA) 3 $335,000 $111,667 $5,070 4.13%
LONGVIEW, WA (FHA|USDA|VA) 1 $325,000 $325,000 $14,952 4.00%
Henderson, NC (FHA|USDA|VA) 1 $325,000 $325,000 $13,710 3.38%
Tupelo, MS (FHA|USDA|VA) 1 $325,000 $325,000 $3,496 3.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 6 $320,000 $53,333 $2,820 6.46%
Madison, IN (FHA|USDA|VA) 2 $310,000 $155,000 $2,758 4.56%
Frankfort, KY (FHA|USDA|VA) 2 $310,000 $155,000 $3,440 5.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $305,000 $305,000 $7,680 5.50%
Auburn, IN (FHA|USDA|VA) 1 $305,000 $305,000 $3,600 7.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,324 3.50%
Bedford, IN (FHA|USDA|VA) 1 $295,000 $295,000 $3,237 5.88%
Bozeman, MT (FHA|USDA|VA) 1 $285,000 $285,000 $7,238 6.00%
Uvalde, TX (FHA|USDA|VA) 1 $285,000 $285,000 $5,081 3.88%
Shelbyville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $11,773 6.75%
Rio Grande City-Roma, TX (FHA|USDA|VA) 2 $280,000 $140,000 $10,648 4.81%
Fort Polk South, LA (FHA|USDA|VA) 1 $275,000 $275,000 $4,844 3.88%
Montrose, CO (FHA|USDA|VA) 1 $275,000 $275,000 $21,468 3.63%
DECATUR, IL (FHA|USDA|VA) 1 $275,000 $275,000 $2,671 3.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $275,000 $275,000 $9,130 6.63%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $255,000 $255,000 $7,962 6.50%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $250,000 $125,000 $7,371 5.94%
DOTHAN, AL (FHA|USDA|VA) 1 $245,000 $245,000 $7,871 5.63%
READING, PA (FHA|USDA|VA) 1 $245,000 $245,000 $4,404 5.25%
Adrian, MI (FHA|USDA|VA) 1 $245,000 $245,000 $4,129 3.50%
LEBANON, PA (FHA|USDA|VA) 1 $245,000 $245,000 $3,892 4.00%
Ardmore, OK (FHA|USDA|VA) 1 $245,000 $245,000 $7,917 4.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $10,935 6.13%
Greenville, MS (FHA|USDA|VA) 1 $235,000 $235,000 $4,285 4.50%
New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $235,000 $235,000 $3,460 6.63%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $235,000 $235,000 $13,853 6.75%
Central City, KY (FHA|USDA|VA) 2 $230,000 $115,000 $5,941 6.44%
DALTON, GA (FHA|USDA|VA) 1 $225,000 $225,000 $6,709 6.00%
BRUNSWICK, GA (FHA|USDA|VA) 1 $225,000 $225,000 $14,716 4.25%
Seymour, IN (FHA|USDA|VA) 2 $220,000 $110,000 $1,571 6.00%
JACKSON, MS (FHA|USDA|VA) 1 $215,000 $215,000 $4,261 5.38%
Decatur, IN (FHA|USDA|VA) 2 $210,000 $105,000 $2,712 7.13%
Douglas, GA (FHA|USDA|VA) 1 $195,000 $195,000 $4,903 4.88%
COLUMBIA, MO (FHA|USDA|VA) 1 $195,000 $195,000 $1,163 5.63%
Mount Vernon, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,924 4.38%
Waycross, GA (FHA|USDA|VA) 1 $195,000 $195,000 $8,404 7.13%
Portsmouth, OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,308 3.50%
Arcadia, FL (FHA|USDA|VA) 1 $185,000 $185,000 $9,592 5.25%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $185,000 $185,000 $9,650 4.13%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $185,000 $185,000 $6,275 6.88%
Pecos, TX (FHA|USDA|VA) 1 $185,000 $185,000 $13,791 5.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $175,000 $175,000 $6,421 5.88%
Connersville, IN (FHA|USDA|VA) 1 $175,000 $175,000 $4,115 6.63%
Shelby, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,963 5.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $6,950 7.00%
Huntington, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,774 6.50%
Jefferson, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,515 6.38%
Bainbridge, GA (FHA|USDA|VA) 1 $165,000 $165,000 $8,972 6.13%
LaGrange, GA-AL (FHA|USDA|VA) 1 $165,000 $165,000 $8,609 6.13%
Scottsburg, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,694 4.88%
SAN ANGELO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,922 5.88%
BURLINGTON, NC (FHA|USDA|VA) 1 $145,000 $145,000 $6,418 5.13%
Albemarle, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,984 6.25%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $135,000 $135,000 $3,263 4.75%
Mineral Wells, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,745 4.63%
Crawfordsville, IN (FHA|USDA|VA) 1 $125,000 $125,000 $2,475 6.00%
Jackson, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,685 6.25%
Martinsville, VA (FHA|USDA|VA) 2 $120,000 $60,000 $3,393 3.38%
Kendallville, IN (FHA|USDA|VA) 1 $115,000 $115,000 $6,070 6.63%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,162 3.63%
Sanford, NC (FHA|USDA|VA) 1 $115,000 $115,000 $2,628 4.50%
New Castle, IN (FHA|USDA|VA) 1 $105,000 $105,000 $5,490 6.63%
Plainview, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.63%
Marion, IN (FHA|USDA|VA) 1 $95,000 $95,000 $5,638 5.63%
Laurinburg, NC (FHA|USDA|VA) 1 $95,000 $95,000 $5,426 3.63%
Marshall, MO (FHA|USDA|VA) 1 $85,000 $85,000 $4,921 5.38%
Minden, LA (FHA|USDA|VA) 1 $85,000 $85,000 $6,789 5.63%
Hutchinson, KS (FHA|USDA|VA) 2 $80,000 $40,000 $2,921 3.38%
Pampa, TX (FHA|USDA|VA) 1 $55,000 $55,000 $4,023 4.50%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $55,000 $55,000 $4,416 5.50%
Zapata, TX (FHA|USDA|VA) 1 $45,000 $45,000 $4,868 6.38%
Cullowhee, NC (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.82%
Thrive Mortgage's top markets include Dallas, San Antonio, Houston, Austin, and Dayton among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,504 $1,346,190,000 $298,888 $7,160 4.98%
    FHA 1,303 $314,245,000 $241,170 $11,185 5.36%
    VA 540 $204,490,000 $378,685 $11,828 5.00%
    FHA 77 $10,525,000 $136,688 $0 5.59%
    USDA 72 $13,680,000 $190,000 $6,457 4.95%
    Reverse Mortgage 3 $1,235,000 $411,667 $0 8.34%

    For 2022, Thrive Mortgage's most frequently originated type of loan was Conventional, with 4,504 originations. Their 2nd most popular type was FHA, with 1,303 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,298 $1,522,800,000 $287,429 $8,503 5.13%
    Refi 686 $228,940,000 $333,732 $7,584 4.79%
    Cash Out Refi 514 $138,260,000 $268,988 $6,908 4.77%
    Home Improvement 1 $365,000 $365,000 $15,899 4.00%

    For 2022, Thrive Mortgage's most frequently cited loan purpose was Home Purchase, with 5,298 originations. The 2nd most popular reason was Refi, with 686 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,997 $1,778,775,000 $296,611 $8,364 5.14%
    15 Year 164 $39,020,000 $237,927 $5,900 3.71%
    Other 135 $31,685,000 $234,704 $10,288 4.98%
    30+ year 72 $28,700,000 $398,611 $16,992 5.56%
    20 Year 65 $10,175,000 $156,538 $3,710 3.24%
    10 Year 63 $1,975,000 $31,349 $950 3.76%
    5 Year 2 $10,000 $5,000 $0 3.44%
    3 Year 1 $25,000 $25,000 $0 0.00%

    For 2022, Thrive Mortgage's most frequently cited loan duration was 30 Year, with 5,997 originations. The 2nd most popular length was 15 Year, with 164 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,966 $505,640,000 $257,192
    $5k+ 1,796 $720,130,000 $400,963
    $2k-3k 865 $200,455,000 $231,740
    $3k-4k 680 $172,740,000 $254,029
    $4k-5k 604 $177,170,000 $293,328
    $<1k 504 $101,830,000 $202,044

    Thrive Mortgage's average total fees were $8,364, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,966 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 2,100 $602,080,000 $286,705
    4-5% 1,393 $435,325,000 $312,509
    3-4% 1,309 $416,515,000 $318,193
    6-7% 1,162 $319,850,000 $275,258
    7-8% 270 $68,400,000 $253,333
    2.5-3% 125 $41,575,000 $332,600
    <2.5% 111 $3,395,000 $30,586
    Over 8% 27 $2,575,000 $95,370

    During 2022, Thrive Mortgage's average interest rate for loans was 5.14%, while their most frequently originated rate bucket for loans was 5-6%, with 2,100 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,043 $874,515,000 $287,386 $8,703 5.15%
    $100k-200k 1,680 $260,520,000 $155,071 $5,479 5.25%
    $400k-600k 1,007 $481,615,000 $478,267 $11,468 4.96%
    $100,000 or less 422 $22,550,000 $53,436 $2,636 4.21%
    $600k-1MM 319 $213,335,000 $668,762 $13,669 4.85%
    $1MM+ 28 $37,830,000 $1,351,071 $24,468 4.61%

    2022 saw Thrive Mortgage place emphasis on $200k-400k loans with 3,043 originations, totaling $874,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,551 $514,615,000 $331,796 $9,119 5.13%
    $50k-75k 1,435 $293,155,000 $204,289 $6,838 4.98%
    $75k-100k 1,233 $324,205,000 $262,940 $8,197 5.14%
    $150k-250k 1,077 $448,585,000 $416,513 $10,167 5.09%
    $50k or less 834 $117,620,000 $141,031 $5,271 5.01%
    $250k+ 369 $192,185,000 $520,827 $10,827 4.99%

    Thrive Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,551 originations. The second most popular income band? $50k-75k, with 1,435 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,055 $313,275,000 $296,943 $7,656 5.02%
    20-30% 931 $258,095,000 $277,223 $7,177 4.90%
    50-60% 504 $153,200,000 $303,968 $12,498 5.22%
    49% 315 $94,015,000 $298,460 $8,585 5.33%
    44% 311 $93,435,000 $300,434 $8,616 5.24%
    <20% 308 $67,960,000 $220,649 $5,368 4.31%
    42% 291 $87,025,000 $299,055 $8,059 4.98%
    43% 290 $80,380,000 $277,172 $8,120 5.24%
    39% 244 $72,540,000 $297,295 $8,039 5.00%
    41% 243 $73,175,000 $301,132 $8,428 5.25%
    38% 241 $64,845,000 $269,066 $7,877 5.06%
    40% 235 $66,575,000 $283,298 $8,282 5.19%
    46% 229 $71,025,000 $310,153 $9,212 5.25%
    45% 226 $71,680,000 $317,168 $9,367 5.16%
    36% 226 $68,560,000 $303,363 $7,557 5.09%
    48% 224 $70,010,000 $312,545 $8,953 5.26%
    47% 222 $67,420,000 $303,694 $9,027 5.41%
    37% 208 $58,070,000 $279,183 $7,892 5.11%
    >60% 41 $16,155,000 $394,024 $12,433 4.89%

    Thrive Mortgage lent most frequently to those with DTI ratios of 30-36%, with 1,055 originations. The next most common DTI ratio? 20-30%, with 931 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,599 $1,327,135,000 $288,570 $8,080 5.09%
    Not provided 831 $239,485,000 $288,189 $8,436 5.01%
    Black 596 $168,290,000 $282,366 $9,315 5.00%
    Asian 370 $124,090,000 $335,378 $8,876 5.04%
    American Indian 60 $16,260,000 $271,000 $8,278 5.04%
    Asian Indian 14 $6,210,000 $443,571 $7,946 5.44%
    Native Hawaiian or Islander 15 $3,765,000 $251,000 $7,158 4.21%
    Filipino 3 $1,445,000 $481,667 $7,306 5.08%
    Other Asian 4 $1,260,000 $315,000 $8,634 5.72%
    Korean 2 $820,000 $410,000 $7,829 5.06%
    Other Pacific Islander 2 $730,000 $365,000 $12,717 3.19%
    Vietnamese 2 $600,000 $300,000 $5,663 4.44%
    Samoan 1 $275,000 $275,000 $16,319 5.63%

    Approval Rates

    Total approvals of all applications
    96.89%

    Thrive Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    58.27%

    Thrive Mortgage 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 6,499 $1,890,365,000 $290,870

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,499 $1,890,365,000 $290,870

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 231 $40,725,000 $176,299 $5,208 4.91%
    40-60% 549 $151,255,000 $275,510 $6,739 4.81%
    60-80% 1,612 $516,730,000 $320,552 $7,828 5.08%
    80-100% 3,795 $1,129,215,000 $297,553 $8,891 5.23%
    Over 100% 128 $47,890,000 $374,141 $17,843 4.88%
    Under 20% 184 $4,550,000 $24,728 $674 2.77%