Mann Financial Mortgage Rates, Fees & Info

KALISPELL, MT

LEI: 549300TWPFOYZ33TOU32

Tax ID: 34-2000096

3 stars - Updated: 4/13/24 - out of 5 stars, based on 50 reviews

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

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Mortgage Data

Review & Overview

Mann Financial is a smaller mortgage company specializing in Home Purchase loans. Mann Financial 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: Missoula, Phoenix, Las Vegas, Seattle, and Longview among others. We have data for 161 markets. (Some data included below & more in-depth data is available with an active subscription.)

Mann Financial has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Mann Financial 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 relatively high 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 6.73% 4/13/24
30 Year Conventional Refi 6.71% 4/13/24
30 Year Cash-out Refi 6.99% 4/13/24
30 Year FHA Purchase 7.62% 4/13/24
30 Year FHA Refi 7.28% 4/13/24
30 Year VA Purchase 6.38% 4/13/24
30 Year VA Refi 6.27% 4/13/24
30 Year USDA Purchase 6.87% 4/13/24
15 Year Conventional Purchase 6.63% 4/13/24
15 Year Conventional Refi 6.32% 4/13/24
15 Year Cash-out Refi 6.32% 4/13/24
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.

Mann Financial Mortgage Calculator






Your Estimates

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

This is not an official calculator from Mann Financial. 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

2,545

Origination Dollar Volume (All Markets)

$868,945,000
Show all (18) awards

Relative Rate

Mann Financial's average 30 year fixed mortgage rate was 6.78%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.3%.

Relative Fees (Closing Costs)

Mann Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $10,137.

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 $9,089.

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 269 $83,455,000 $310,242 $9,628 6.69%
MISSOULA, MT (FHA|USDA|VA) 127 $54,715,000 $430,827 $11,109 6.49%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 116 $44,540,000 $383,966 $11,438 6.77%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 119 $44,365,000 $372,815 $11,232 6.91%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 85 $41,785,000 $491,588 $13,296 6.87%
LONGVIEW, WA (FHA|USDA|VA) 98 $38,360,000 $391,429 $12,088 6.52%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 82 $35,920,000 $438,049 $13,307 6.35%
Kalispell, MT (FHA|USDA|VA) 78 $33,630,000 $431,154 $11,548 6.73%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 118 $31,880,000 $270,169 $10,019 6.76%
Helena, MT (FHA|USDA|VA) 98 $30,820,000 $314,490 $10,014 6.59%
IDAHO FALLS, ID (FHA|USDA|VA) 72 $25,520,000 $354,444 $10,718 6.40%
SALEM, OR (FHA|USDA|VA) 55 $23,385,000 $425,182 $14,104 6.69%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 36 $22,100,000 $613,889 $12,397 6.51%
GREAT FALLS, MT (FHA|USDA|VA) 71 $19,515,000 $274,859 $7,664 6.59%
Safford, AZ (FHA|USDA|VA) 70 $19,000,000 $271,429 $9,924 7.00%
La Grande, OR (FHA|USDA|VA) 65 $15,335,000 $235,923 $8,727 6.92%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 42 $14,870,000 $354,048 $10,663 6.56%
Prineville, OR (FHA|USDA|VA) 38 $13,620,000 $358,421 $10,467 6.51%
TYLER, TX (FHA|USDA|VA) 50 $12,670,000 $253,400 $7,835 7.02%
LAS CRUCES, NM (FHA|USDA|VA) 50 $12,310,000 $246,200 $9,391 6.67%
ALBANY-LEBANON, OR (FHA|USDA|VA) 33 $11,565,000 $350,455 $12,383 6.89%
Rexburg, ID (FHA|USDA|VA) 34 $10,580,000 $311,176 $8,624 6.49%
RENO, NV (FHA|USDA|VA) 21 $10,485,000 $499,286 $13,145 6.92%
LEWISTON, ID-WA (FHA|USDA|VA) 32 $9,960,000 $311,250 $9,672 6.79%
BEND, OR (FHA|USDA|VA) 21 $8,525,000 $405,952 $10,048 6.85%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 29 $8,505,000 $293,276 $9,731 6.52%
Centralia, WA (FHA|USDA|VA) 21 $7,965,000 $379,286 $10,078 6.33%
URBAN HONOLULU, HI (FHA|USDA|VA) 14 $7,870,000 $562,143 $19,027 6.32%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 24 $7,450,000 $310,417 $7,440 6.86%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 17 $7,115,000 $418,529 $10,584 6.12%
DULUTH, MN-WI (FHA|USDA|VA) 52 $6,690,000 $128,654 $5,540 6.87%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 17 $6,605,000 $388,529 $14,154 6.72%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $6,090,000 $276,818 $8,863 6.90%
BILLINGS, MT (FHA|USDA|VA) 20 $5,940,000 $297,000 $10,419 6.31%
Blackfoot, ID (FHA|USDA|VA) 17 $5,885,000 $346,176 $11,608 6.27%
Hilo, HI (FHA|USDA|VA) 14 $5,220,000 $372,857 $14,442 6.33%
Newport, OR (FHA|USDA|VA) 10 $4,230,000 $423,000 $16,030 6.55%
Bozeman, MT (FHA|USDA|VA) 9 $3,945,000 $438,333 $13,662 6.56%
Butte-Silver Bow, MT (FHA|USDA|VA) 16 $3,590,000 $224,375 $7,621 6.40%
EL PASO, TX (FHA|USDA|VA) 15 $3,415,000 $227,667 $7,389 6.87%
The Dalles, OR (FHA|USDA|VA) 9 $3,185,000 $353,889 $9,655 7.01%
BAKERSFIELD, CA (FHA|USDA|VA) 11 $3,165,000 $287,727 $9,639 7.27%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $3,150,000 $393,750 $11,727 6.52%
Aberdeen, WA (FHA|USDA|VA) 8 $3,040,000 $380,000 $9,338 6.16%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 5 $2,945,000 $589,000 $13,988 6.70%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,940,000 $367,500 $10,075 7.14%
BOISE CITY, ID (FHA|USDA|VA) 8 $2,890,000 $361,250 $10,445 6.61%
Hood River, OR (FHA|USDA|VA) 6 $2,880,000 $480,000 $8,219 7.29%
TUCSON, AZ (FHA|USDA|VA) 9 $2,635,000 $292,778 $9,871 6.92%
Big Spring, TX (FHA|USDA|VA) 15 $2,575,000 $171,667 $7,614 7.23%
Jackson, WY-ID (FHA|USDA|VA) 4 $2,330,000 $582,500 $21,330 5.03%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $2,145,000 $429,000 $10,229 6.10%
Snyder, TX (FHA|USDA|VA) 15 $2,135,000 $142,333 $6,969 7.19%
RICHMOND, VA (FHA|USDA|VA) 3 $2,035,000 $678,333 $15,102 7.58%
Grand Rapids, MN (FHA|USDA|VA) 13 $1,985,000 $152,692 $6,682 6.90%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $1,935,000 $387,000 $13,008 6.90%
Show Low, AZ (FHA|USDA|VA) 6 $1,890,000 $315,000 $13,155 6.90%
Williston, ND (FHA|USDA|VA) 11 $1,885,000 $171,364 $573 5.26%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,880,000 $470,000 $10,298 6.75%
Silver City, NM (FHA|USDA|VA) 8 $1,870,000 $233,750 $7,272 6.42%
MEDFORD, OR (FHA|USDA|VA) 5 $1,865,000 $373,000 $11,278 6.98%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,845,000 $369,000 $10,769 6.95%
WENATCHEE, WA (FHA|USDA|VA) 5 $1,815,000 $363,000 $6,512 6.88%
CORVALLIS, OR (FHA|USDA|VA) 4 $1,530,000 $382,500 $9,549 7.09%
STOCKTON, CA (FHA|USDA|VA) 4 $1,510,000 $377,500 $13,818 7.34%
LONGVIEW, TX (FHA|USDA|VA) 8 $1,470,000 $183,750 $7,450 7.28%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $1,400,000 $350,000 $8,187 6.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,360,000 $340,000 $8,541 7.03%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,270,000 $317,500 $8,758 6.88%
Port Angeles, WA (FHA|USDA|VA) 3 $1,235,000 $411,667 $11,268 5.96%
Alamogordo, NM (FHA|USDA|VA) 7 $1,185,000 $169,286 $7,477 6.50%
CORPUS CHRISTI, TX (FHA|USDA|VA) 4 $1,150,000 $287,500 $15,701 6.75%
VALLEJO, CA (FHA|USDA|VA) 2 $1,140,000 $570,000 $19,829 6.75%
Coos Bay, OR (FHA|USDA|VA) 5 $1,125,000 $225,000 $7,940 6.28%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $10,626 7.38%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,070,000 $535,000 $24,868 6.56%
Payson, AZ (FHA|USDA|VA) 5 $1,055,000 $211,000 $5,799 7.10%
Brainerd, MN (FHA|USDA|VA) 3 $1,045,000 $348,333 $11,470 6.46%
Shelton, WA (FHA|USDA|VA) 3 $935,000 $311,667 $11,621 6.04%
Moses Lake, WA (FHA|USDA|VA) 3 $925,000 $308,333 $9,816 7.58%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $900,000 $450,000 $6,722 7.06%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $895,000 $298,333 $6,627 6.96%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $890,000 $222,500 $7,845 7.44%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $845,000 $281,667 $6,128 6.46%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $835,000 $278,333 $11,666 7.58%
Klamath Falls, OR (FHA|USDA|VA) 2 $830,000 $415,000 $12,594 7.88%
Astoria, OR (FHA|USDA|VA) 2 $820,000 $410,000 $17,228 5.88%
AMARILLO, TX (FHA|USDA|VA) 4 $760,000 $190,000 $6,136 7.41%
Pahrump, NV (FHA|USDA|VA) 3 $755,000 $251,667 $12,105 6.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $740,000 $370,000 $10,203 6.94%
Cedar City, UT (FHA|USDA|VA) 2 $700,000 $350,000 $13,048 6.50%
POCATELLO, ID (FHA|USDA|VA) 4 $680,000 $170,000 $5,774 6.53%
MODESTO, CA (FHA|USDA|VA) 2 $670,000 $335,000 $10,119 6.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $655,000 $655,000 $17,705 6.50%
Athens, TX (FHA|USDA|VA) 4 $650,000 $162,500 $6,516 6.88%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $645,000 $215,000 $6,384 7.17%
CARSON CITY, NV (FHA|USDA|VA) 1 $645,000 $645,000 $15,411 6.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $630,000 $315,000 $4,371 7.44%
Outside of Metro Areas 2 $600,000 $300,000 $11,268 5.56%
Cookeville, TN (FHA|USDA|VA) 3 $585,000 $195,000 $7,811 7.29%
KNOXVILLE, TN (FHA|USDA|VA) 1 $575,000 $575,000 $20,344 6.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $560,000 $280,000 $14,473 7.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $535,000 $535,000 $11,820 6.75%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $525,000 $525,000 $12,737 7.63%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $505,000 $505,000 $7,060 7.13%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $500,000 $250,000 $11,629 6.00%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $495,000 $495,000 $5,331 7.63%
Fernley, NV (FHA|USDA|VA) 2 $480,000 $240,000 $7,501 7.63%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $480,000 $240,000 $5,670 6.94%
ST. GEORGE, UT (FHA|USDA|VA) 1 $455,000 $455,000 $10,996 6.13%
Hailey, ID (FHA|USDA|VA) 2 $450,000 $225,000 $5,168 6.88%
ODESSA, TX (FHA|USDA|VA) 1 $435,000 $435,000 $16,490 5.88%
TWIN FALLS, ID (FHA|USDA|VA) 1 $415,000 $415,000 $15,738 4.75%
FRESNO, CA (FHA|USDA|VA) 1 $415,000 $415,000 $14,609 7.88%
GREELEY, CO (FHA|USDA|VA) 1 $415,000 $415,000 $9,073 7.63%
Alexandria, MN (FHA|USDA|VA) 1 $405,000 $405,000 $4,108 8.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $405,000 $405,000 $11,450 7.25%
Deming, NM (FHA|USDA|VA) 3 $405,000 $135,000 $5,250 6.29%
Sandpoint, ID (FHA|USDA|VA) 1 $385,000 $385,000 $10,841 3.50%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $375,000 $375,000 $9,608 6.75%
LUBBOCK, TX (FHA|USDA|VA) 1 $365,000 $365,000 $7,609 6.25%
SANTA FE, NM (FHA|USDA|VA) 1 $365,000 $365,000 $2,313 4.13%
Glenwood Springs, CO (FHA|USDA|VA) 1 $355,000 $355,000 $5,443 6.63%
YAKIMA, WA (FHA|USDA|VA) 1 $355,000 $355,000 $15,009 7.13%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $350,000 $175,000 $6,261 7.19%
ROCHESTER, MN (FHA|USDA|VA) 1 $345,000 $345,000 $6,736 7.50%
Bemidji, MN (FHA|USDA|VA) 2 $340,000 $170,000 $6,558 6.63%
Roseburg, OR (FHA|USDA|VA) 1 $335,000 $335,000 $14,209 6.50%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $335,000 $335,000 $15,306 6.13%
Moscow, ID (FHA|USDA|VA) 1 $335,000 $335,000 $13,284 6.25%
Jacksonville, TX (FHA|USDA|VA) 2 $330,000 $165,000 $6,363 6.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $325,000 $325,000 $4,753 7.50%
COLUMBIA, SC (FHA|USDA|VA) 1 $315,000 $315,000 $8,100 6.63%
Pullman, WA (FHA|USDA|VA) 1 $315,000 $315,000 $16,949 7.75%
CHICO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $10,245 8.63%
Bonham, TX (FHA|USDA|VA) 1 $305,000 $305,000 $2,795 6.85%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $305,000 $305,000 $13,079 8.00%
MIDLAND, TX (FHA|USDA|VA) 1 $285,000 $285,000 $8,808 6.63%
Nacogdoches, TX (FHA|USDA|VA) 1 $275,000 $275,000 $5,877 7.13%
Pecos, TX (FHA|USDA|VA) 1 $275,000 $275,000 $15,250 6.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $255,000 $255,000 $8,273 7.00%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $245,000 $245,000 $9,514 6.75%
Sweetwater, TX (FHA|USDA|VA) 1 $225,000 $225,000 $12,418 7.75%
VICTORIA, TX (FHA|USDA|VA) 1 $225,000 $225,000 $11,997 8.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $225,000 $225,000 $5,324 7.50%
CLEVELAND, TN (FHA|USDA|VA) 1 $195,000 $195,000 $7,367 7.25%
Juneau, AK (FHA|USDA|VA) 1 $185,000 $185,000 $5,428 7.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $185,000 $185,000 $8,268 5.88%
Shawnee, OK (FHA|USDA|VA) 1 $175,000 $175,000 $7,406 7.75%
WACO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $8,612 7.13%
Winnemucca, NV (FHA|USDA|VA) 1 $175,000 $175,000 $6,543 7.50%
PUEBLO, CO (FHA|USDA|VA) 1 $175,000 $175,000 $5,943 5.88%
Crossville, TN (FHA|USDA|VA) 1 $155,000 $155,000 $3,749 7.13%
Plainview, TX (FHA|USDA|VA) 1 $145,000 $145,000 $7,334 7.63%
ST. CLOUD, MN (FHA|USDA|VA) 1 $135,000 $135,000 $4,545 6.63%
Clovis, NM (FHA|USDA|VA) 1 $135,000 $135,000 $6,690 6.00%
Paris, TN (FHA|USDA|VA) 1 $125,000 $125,000 $8,070 7.00%
Mount Pleasant, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,204 6.38%
McPherson, KS (FHA|USDA|VA) 1 $95,000 $95,000 $4,780 7.50%
Palatka, FL (FHA|USDA|VA) 1 $85,000 $85,000 $4,599 5.63%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $65,000 $65,000 $3,490 6.38%
Mann Financial's top markets include Missoula, Phoenix, Las Vegas, Seattle, and Longview among others.

Their top states include:
  • Montana (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,473 $515,425,000 $349,915 $8,953 6.74%
    FHA 804 $245,040,000 $304,776 $12,950 6.71%
    VA 240 $102,080,000 $425,333 $11,030 6.38%
    USDA 28 $6,400,000 $228,571 $8,958 6.67%

    For 2023, Mann Financial's most frequently originated type of loan was Conventional, with 1,473 originations. Their 2nd most popular type was FHA, with 804 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,250 $782,170,000 $347,631 $10,644 6.68%
    Cash Out Refi 164 $43,880,000 $267,561 $8,911 6.95%
    Refi 131 $42,895,000 $327,443 $8,305 6.64%

    For 2023, Mann Financial's most frequently cited loan purpose was Home Purchase, with 2,250 originations. The 2nd most popular reason was Cash Out Refi, with 164 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,370 $793,570,000 $334,840 $10,137 6.78%
    30+ year 156 $70,580,000 $452,436 $14,915 5.43%
    15 Year 11 $3,025,000 $275,000 $7,831 6.17%
    20 Year 6 $1,250,000 $208,333 $7,481 7.08%
    Other 2 $520,000 $260,000 $8,355 5.13%

    For 2023, Mann Financial's most frequently cited loan duration was 30 Year, with 2,370 originations. The 2nd most popular length was 30+ year, with 156 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,173 $499,185,000 $425,563
    $4k-5k 350 $103,790,000 $296,543
    $3k-4k 336 $83,660,000 $248,988
    $1k-2k 250 $64,960,000 $259,840
    $2k-3k 246 $55,090,000 $223,943
    $<1k 190 $62,260,000 $327,684

    Mann Financial's average total fees were $10,137, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,173 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,141 $385,615,000 $337,962
    7-8% 842 $285,420,000 $338,979
    5-6% 412 $137,920,000 $334,757
    4-5% 67 $30,515,000 $455,448
    Over 8% 59 $18,905,000 $320,424
    3-4% 24 $10,570,000 $440,417

    During 2023, Mann Financial's average interest rate for loans was 6.78%, while their most frequently originated rate bucket for loans was 6-7%, with 1,141 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,320 $390,880,000 $296,121 $9,710 6.75%
    $400k-600k 575 $274,765,000 $477,852 $13,560 6.55%
    $100k-200k 394 $61,630,000 $156,421 $6,121 6.72%
    $600k-1MM 166 $116,030,000 $698,976 $16,207 6.63%
    $100,000 or less 73 $5,665,000 $77,603 $4,262 6.77%
    $1MM+ 17 $19,975,000 $1,175,000 $27,688 6.82%

    2023 saw Mann Financial place emphasis on $200k-400k loans with 1,320 originations, totaling $390,880,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 698 $263,520,000 $377,536 $11,479 6.78%
    $75k-100k 568 $173,530,000 $305,511 $10,238 6.67%
    $50k-75k 515 $122,245,000 $237,369 $8,327 6.60%
    $150k-250k 421 $194,915,000 $462,981 $12,547 6.70%
    $50k or less 189 $27,715,000 $146,640 $5,713 6.62%
    $250k+ 154 $87,020,000 $565,065 $13,117 6.81%

    Mann Financial lent most frequently to those with incomes in the $100k-150k range, with 698 originations. The second most popular income band? $75k-100k, with 568 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 321 $106,225,000 $330,919 $9,456 6.67%
    50-60% 294 $105,980,000 $360,476 $13,270 6.64%
    20-30% 237 $75,805,000 $319,852 $9,142 6.63%
    49% 166 $56,700,000 $341,566 $10,056 6.69%
    42% 153 $51,955,000 $339,575 $10,121 6.66%
    46% 148 $52,760,000 $356,486 $10,479 6.76%
    48% 146 $53,370,000 $365,548 $11,141 6.72%
    44% 135 $46,845,000 $347,000 $9,809 6.81%
    45% 119 $45,015,000 $378,277 $11,040 6.66%
    47% 109 $37,025,000 $339,679 $10,479 6.80%
    43% 108 $39,980,000 $370,185 $11,098 6.60%
    39% 107 $34,975,000 $326,869 $10,478 6.78%
    41% 102 $32,500,000 $318,627 $10,585 6.73%
    40% 92 $31,040,000 $337,391 $9,913 6.73%
    38% 86 $26,610,000 $309,419 $9,160 6.70%
    37% 84 $26,380,000 $314,048 $9,026 6.66%
    36% 67 $20,955,000 $312,761 $9,664 6.64%
    <20% 57 $16,735,000 $293,596 $8,307 6.77%
    >60% 14 $8,090,000 $577,857 $17,186 7.12%

    Mann Financial lent most frequently to those with DTI ratios of 30-36%, with 321 originations. The next most common DTI ratio? 50-60%, with 294 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,069 $697,185,000 $336,967 $10,291 6.70%
    Not provided 268 $94,550,000 $352,799 $10,143 6.64%
    Black 86 $32,780,000 $381,163 $12,531 6.80%
    Asian 54 $23,490,000 $435,000 $12,137 6.74%
    American Indian 44 $12,960,000 $294,545 $10,400 6.63%
    Native Hawaiian or Islander 16 $5,410,000 $338,125 $14,233 6.45%
    Asian Indian 3 $1,085,000 $361,667 $7,837 6.67%
    Other Asian 1 $595,000 $595,000 $6,046 7.50%
    Filipino 1 $415,000 $415,000 $16,908 6.25%
    Native Hawaiian 2 $250,000 $125,000 $8,595 7.00%
    Japanese 1 $225,000 $225,000 $6,247 6.13%

    Approval Rates

    Total approvals of all applications
    86.41%

    Mann Financial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    95.44%

    Mann Financial has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,545 $868,945,000 $341,432

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,545 $868,945,000 $341,432

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 111 $23,045,000 $207,613 $6,480 6.46%
    40-60% 234 $70,190,000 $299,957 $8,832 6.42%
    60-80% 654 $232,840,000 $356,024 $9,689 6.74%
    80-100% 1,490 $520,230,000 $349,148 $11,064 6.74%
    Over 100% 43 $20,905,000 $486,163 $19,086 6.40%
    Under 20% 13 $1,735,000 $133,462 $5,276 6.91%