Mann Financial Mortgage Rates, Fees & Info

KALISPELL, MT

LEI: 549300TWPFOYZ33TOU32

Tax ID: 34-2000096

3.1 stars - out of 5 stars, based on 92 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Mann Financial is a small mortgage company specializing in Home Purchase, Cash Out Refi, and Refi 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. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Las Vegas, Kalispell, Seattle, Missoula, and Washington among others. We have data for 156 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mann Financial has an above 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 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
    Home Equity Line of Credit (HELOC) 6.58% 12/4/22
    30 Year Conventional Purchase 6.58% 12/4/22
    30 Year Conventional Refi 6.58% 12/4/22
    30 Year Cash-out Refi 6.58% 12/4/22
    30 Year FHA Purchase 6.58% 12/4/22
    30 Year FHA Refi 6.58% 12/4/22
    30 Year VA Purchase 6.58% 12/4/22
    30 Year VA Refi 6.58% 12/4/22
    30 Year USDA Purchase 6.58% 12/4/22
    30 Year USDA Refi 6.58% 12/4/22
    15 Year Conventional Purchase 5.76% 12/4/22
    15 Year Conventional Refi 5.76% 12/4/22
    15 Year Cash-out Refi 5.76% 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

    8,498

    Origination Dollar Volume (All Markets)

    $2,518,430,000
    Show all (14) awards

    Relative Rate

    Mann Financial's average 30 year fixed mortgage rate was 3.16%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.01%.

    Relative Fees (Closing Costs)

    Mann Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $6,588.

    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
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 887 $278,125,000 $313,557 $6,681 3.30%
    Outside of Metro Areas 797 $204,415,000 $256,481 $5,601 3.09%
    Kalispell, MT (FHA|USDA|VA) 646 $200,720,000 $310,712 $4,969 3.12%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 469 $191,585,000 $408,497 $6,400 3.09%
    MISSOULA, MT (FHA|USDA|VA) 587 $182,685,000 $311,218 $5,064 3.02%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 287 $140,145,000 $488,310 $6,381 2.92%
    LONGVIEW, WA (FHA|USDA|VA) 432 $110,370,000 $255,486 $7,008 3.06%
    URBAN HONOLULU, HI (FHA|USDA|VA) 174 $95,790,000 $550,517 $12,714 3.06%
    Helena, MT (FHA|USDA|VA) 317 $90,065,000 $284,117 $6,327 2.97%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 246 $82,700,000 $336,179 $8,561 3.20%
    SALEM, OR (FHA|USDA|VA) 209 $62,785,000 $300,407 $8,012 3.31%
    IDAHO FALLS, ID (FHA|USDA|VA) 293 $61,975,000 $211,519 $6,506 3.21%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 203 $48,795,000 $240,369 $5,641 2.91%
    GREAT FALLS, MT (FHA|USDA|VA) 228 $48,260,000 $211,667 $5,867 2.90%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 164 $44,910,000 $273,841 $6,176 3.20%
    Safford, AZ (FHA|USDA|VA) 215 $43,445,000 $202,070 $6,653 3.15%
    BEND, OR (FHA|USDA|VA) 112 $41,200,000 $367,857 $8,353 3.26%
    La Grande, OR (FHA|USDA|VA) 193 $40,605,000 $210,389 $5,078 3.24%
    Prineville, OR (FHA|USDA|VA) 143 $40,215,000 $281,224 $7,782 3.21%
    RENO, NV (FHA|USDA|VA) 112 $39,350,000 $351,339 $6,759 3.12%
    LAS CRUCES, NM (FHA|USDA|VA) 198 $36,570,000 $184,697 $5,884 3.48%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 95 $27,965,000 $294,368 $6,660 3.21%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 73 $27,945,000 $382,808 $5,921 2.97%
    Hood River, OR (FHA|USDA|VA) 71 $26,125,000 $367,958 $6,475 3.20%
    LEWISTON, ID-WA (FHA|USDA|VA) 109 $25,185,000 $231,055 $6,639 3.18%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 95 $24,115,000 $253,842 $5,716 2.96%
    BILLINGS, MT (FHA|USDA|VA) 90 $23,610,000 $262,333 $6,603 3.07%
    The Dalles, OR (FHA|USDA|VA) 52 $15,080,000 $290,000 $5,886 3.16%
    Rexburg, ID (FHA|USDA|VA) 57 $13,345,000 $234,123 $6,526 3.17%
    DULUTH, MN-WI (FHA|USDA|VA) 116 $11,820,000 $101,897 $3,970 2.85%
    Centralia, WA (FHA|USDA|VA) 47 $11,385,000 $242,234 $6,484 3.04%
    Hilo, HI (FHA|USDA|VA) 35 $10,605,000 $303,000 $7,040 2.96%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 26 $9,860,000 $379,231 $5,372 2.97%
    Blackfoot, ID (FHA|USDA|VA) 44 $9,490,000 $215,682 $6,747 3.21%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 28 $8,960,000 $320,000 $4,734 3.19%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 21 $7,925,000 $377,381 $6,555 2.93%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 15 $7,465,000 $497,667 $6,852 3.06%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 24 $7,430,000 $309,583 $6,931 2.97%
    Show Low, AZ (FHA|USDA|VA) 30 $6,550,000 $218,333 $7,827 3.35%
    Butte-Silver Bow, MT (FHA|USDA|VA) 26 $5,550,000 $213,462 $5,571 3.00%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 13 $5,445,000 $418,846 $6,609 3.20%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 14 $5,220,000 $372,857 $10,977 2.92%
    BOISE CITY, ID (FHA|USDA|VA) 12 $4,770,000 $397,500 $6,497 2.91%
    Bozeman, MT (FHA|USDA|VA) 10 $4,330,000 $433,000 $7,033 3.19%
    Pahrump, NV (FHA|USDA|VA) 18 $4,290,000 $238,333 $6,830 3.51%
    POCATELLO, ID (FHA|USDA|VA) 17 $4,265,000 $250,882 $7,700 2.99%
    Outside of Metro Areas 15 $4,265,000 $284,333 $5,831 2.92%
    Hermiston-Pendleton, OR (FHA|USDA|VA) 18 $4,130,000 $229,444 $5,490 3.13%
    Sandpoint, ID (FHA|USDA|VA) 10 $3,640,000 $364,000 $8,519 3.01%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $3,450,000 $575,000 $7,813 3.31%
    Oak Harbor, WA (FHA|USDA|VA) 8 $3,360,000 $420,000 $8,715 3.07%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 8 $3,300,000 $412,500 $7,526 3.77%
    EL PASO, TX (FHA|USDA|VA) 20 $3,140,000 $157,000 $6,176 3.18%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 10 $3,030,000 $303,000 $9,685 3.03%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 9 $2,925,000 $325,000 $6,644 3.31%
    MEDFORD, OR (FHA|USDA|VA) 8 $2,690,000 $336,250 $8,018 3.14%
    Astoria, OR (FHA|USDA|VA) 9 $2,655,000 $295,000 $9,595 3.21%
    Klamath Falls, OR (FHA|USDA|VA) 10 $2,650,000 $265,000 $10,102 3.49%
    Roseburg, OR (FHA|USDA|VA) 10 $2,650,000 $265,000 $8,311 3.69%
    Moses Lake, WA (FHA|USDA|VA) 11 $2,545,000 $231,364 $5,917 3.00%
    Fernley, NV (FHA|USDA|VA) 9 $2,465,000 $273,889 $7,417 3.15%
    CORVALLIS, OR (FHA|USDA|VA) 8 $2,420,000 $302,500 $5,902 2.98%
    PUEBLO, CO (FHA|USDA|VA) 9 $2,395,000 $266,111 $4,203 3.35%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $2,340,000 $585,000 $9,174 3.59%
    BELLINGHAM, WA (FHA|USDA|VA) 6 $2,300,000 $383,333 $3,809 3.10%
    Ellensburg, WA (FHA|USDA|VA) 5 $2,085,000 $417,000 $5,830 3.18%
    Shelton, WA (FHA|USDA|VA) 6 $2,060,000 $343,333 $5,172 3.27%
    Glenwood Springs, CO (FHA|USDA|VA) 5 $1,985,000 $397,000 $3,178 3.25%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $1,985,000 $220,556 $4,319 3.05%
    WENATCHEE, WA (FHA|USDA|VA) 7 $1,915,000 $273,571 $4,183 3.35%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $1,885,000 $628,333 $9,290 3.25%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,880,000 $470,000 $10,313 3.25%
    Alamogordo, NM (FHA|USDA|VA) 18 $1,830,000 $101,667 $4,823 3.94%
    TUCSON, AZ (FHA|USDA|VA) 9 $1,825,000 $202,778 $4,518 3.50%
    VISALIA, CA (FHA|USDA|VA) 4 $1,800,000 $450,000 $5,184 3.34%
    RICHMOND, VA (FHA|USDA|VA) 8 $1,760,000 $220,000 $3,721 2.66%
    Moscow, ID (FHA|USDA|VA) 9 $1,725,000 $191,667 $5,636 3.39%
    Jackson, WY-ID (FHA|USDA|VA) 5 $1,715,000 $343,000 $7,414 3.03%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,715,000 $343,000 $5,371 3.40%
    GREELEY, CO (FHA|USDA|VA) 4 $1,550,000 $387,500 $7,414 2.75%
    CARSON CITY, NV (FHA|USDA|VA) 4 $1,510,000 $377,500 $7,061 3.13%
    Kapaa, HI (FHA|USDA|VA) 3 $1,505,000 $501,667 $4,891 2.92%
    Grand Rapids, MN (FHA|USDA|VA) 9 $1,425,000 $158,333 $3,578 3.13%
    YAKIMA, WA (FHA|USDA|VA) 6 $1,390,000 $231,667 $3,377 3.58%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 5 $1,375,000 $275,000 $4,683 3.18%
    TWIN FALLS, ID (FHA|USDA|VA) 3 $1,255,000 $418,333 $13,078 3.63%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $1,195,000 $398,333 $5,750 2.75%
    Aberdeen, WA (FHA|USDA|VA) 6 $1,180,000 $196,667 $4,863 3.29%
    ST. GEORGE, UT (FHA|USDA|VA) 3 $1,105,000 $368,333 $5,165 3.13%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,085,000 $361,667 $10,498 3.75%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $1,070,000 $535,000 $7,089 3.25%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 9 $1,065,000 $118,333 $3,980 3.38%
    BAKERSFIELD, CA (FHA|USDA|VA) 5 $1,055,000 $211,000 $5,646 3.05%
    ALBUQUERQUE, NM (FHA|USDA|VA) 3 $1,015,000 $338,333 $4,439 3.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $970,000 $242,500 $4,692 3.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $965,000 $321,667 $1,882 2.96%
    VALLEJO, CA (FHA|USDA|VA) 3 $905,000 $301,667 $10,455 3.50%
    Coos Bay, OR (FHA|USDA|VA) 2 $830,000 $415,000 $10,787 3.31%
    Newport, OR (FHA|USDA|VA) 4 $810,000 $202,500 $8,541 3.38%
    GRANTS PASS, OR (FHA|USDA|VA) 2 $770,000 $385,000 $7,993 3.13%
    Pullman, WA (FHA|USDA|VA) 3 $765,000 $255,000 $5,244 3.13%
    MODESTO, CA (FHA|USDA|VA) 2 $700,000 $350,000 $12,744 2.81%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $655,000 $655,000 $4,264 3.00%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $630,000 $315,000 $2,673 4.44%
    AMARILLO, TX (FHA|USDA|VA) 2 $600,000 $300,000 $6,719 3.25%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $560,000 $280,000 $6,165 3.38%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $545,000 $545,000 $9,373 2.88%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $540,000 $270,000 $8,472 2.81%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $530,000 $265,000 $7,982 3.50%
    Roswell, NM (FHA|USDA|VA) 6 $490,000 $81,667 $3,669 3.42%
    Elko, NV (FHA|USDA|VA) 2 $480,000 $240,000 $5,732 3.25%
    Del Rio, TX (FHA|USDA|VA) 1 $465,000 $465,000 $4,090 2.75%
    Port Angeles, WA (FHA|USDA|VA) 1 $455,000 $455,000 $5,947 3.13%
    CaƱon City, CO (FHA|USDA|VA) 2 $450,000 $225,000 $3,620 3.25%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $435,000 $435,000 $2,340 4.50%
    Granbury, TX (FHA|USDA|VA) 1 $425,000 $425,000 $4,010 3.13%
    Fallon, NV (FHA|USDA|VA) 1 $405,000 $405,000 $6,631 3.25%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $395,000 $395,000 $8,329 3.38%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $385,000 $385,000 $6,660 3.63%
    Owatonna, MN (FHA|USDA|VA) 2 $380,000 $190,000 $4,719 3.25%
    Cedar City, UT (FHA|USDA|VA) 1 $375,000 $375,000 $2,898 2.38%
    ODESSA, TX (FHA|USDA|VA) 1 $365,000 $365,000 $3,121 2.25%
    Othello, WA (FHA|USDA|VA) 3 $345,000 $115,000 $4,121 3.25%
    Silver City, NM (FHA|USDA|VA) 1 $335,000 $335,000 $4,546 3.25%
    Hutchinson, MN (FHA|USDA|VA) 2 $330,000 $165,000 $3,378 3.06%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $315,000 $315,000 $12,484 2.88%
    REDDING, CA (FHA|USDA|VA) 1 $285,000 $285,000 $3,512 3.50%
    FRESNO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $5,627 4.38%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $285,000 $285,000 $4,921 3.13%
    Brainerd, MN (FHA|USDA|VA) 1 $275,000 $275,000 $3,720 3.38%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $265,000 $265,000 $2,866 4.88%
    Williston, ND (FHA|USDA|VA) 1 $255,000 $255,000 $5,051 2.75%
    Gillette, WY (FHA|USDA|VA) 1 $255,000 $255,000 $904 3.25%
    CASPER, WY (FHA|USDA|VA) 1 $255,000 $255,000 $5,439 3.25%
    Deming, NM (FHA|USDA|VA) 2 $250,000 $125,000 $6,271 3.63%
    YUMA, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $6,655 3.38%
    FARMINGTON, NM (FHA|USDA|VA) 1 $225,000 $225,000 $4,666 3.38%
    Austin, MN (FHA|USDA|VA) 1 $215,000 $215,000 $5,086 2.88%
    Burley, ID (FHA|USDA|VA) 1 $215,000 $215,000 $6,456 3.88%
    Brookings, OR (FHA|USDA|VA) 1 $215,000 $215,000 $5,877 2.88%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,592 3.00%
    Susanville, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,699 3.50%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $195,000 $195,000 $5,238 2.63%
    Ontario, OR-ID (FHA|USDA|VA) 1 $195,000 $195,000 $4,008 3.25%
    PROVO-OREM, UT (FHA|USDA|VA) 1 $195,000 $195,000 $10,591 2.88%
    Vermillion, SD (FHA|USDA|VA) 1 $195,000 $195,000 $2,731 3.13%
    CHEYENNE, WY (FHA|USDA|VA) 1 $175,000 $175,000 $4,323 4.00%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $175,000 $175,000 $1,478 3.00%
    Mountain Home, ID (FHA|USDA|VA) 1 $175,000 $175,000 $5,161 2.63%
    Winona, MN (FHA|USDA|VA) 1 $175,000 $175,000 $3,741 3.38%
    Hailey, ID (FHA|USDA|VA) 1 $165,000 $165,000 $5,395 2.75%
    Bemidji, MN (FHA|USDA|VA) 2 $160,000 $80,000 $2,364 1.56%
    Stephenville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,734 3.63%
    Albert Lea, MN (FHA|USDA|VA) 1 $105,000 $105,000 $5,926 3.38%
    BOULDER, CO (FHA|USDA|VA) 1 $75,000 $75,000 $1,254 2.88%
    Willmar, MN (FHA|USDA|VA) 1 $65,000 $65,000 $3,769 4.75%
    Mann Financial's top markets include Las Vegas, Kalispell, Seattle, Missoula, and Washington among others.

    Their top states include:
  • Montana (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against MANN FINANCIAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HONOLULU
    Similarity Rank: 53
    ARIZONA CENTRAL
    Similarity Rank: 55
    OneAZ Credit Union
    Similarity Rank: 60
    BEEHIVE
    Similarity Rank: 108
    ALOHA PACIFIC
    Similarity Rank: 140
    Pacific NW Federal Credit Union
    Similarity Rank: 152
    HAWAIIAN FINANCIAL
    Similarity Rank: 212
    Territorial Savings Bank
    Similarity Rank: 332
    Great Basin Federal Credit Union
    Similarity Rank: 348

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,370 $1,860,680,000 $292,100 $5,242 3.15%
    FHA 1,144 $314,400,000 $274,825 $10,720 3.23%
    VA 739 $282,515,000 $382,294 $8,665 2.89%
    USDA 238 $58,670,000 $246,513 $7,844 2.88%
    FHA 5 $1,415,000 $283,000 $0 2.64%
    HELOC 1 $185,000 $185,000 n/a 3.25%
    VA 1 $565,000 $565,000 $0 3.00%

    For 2021, Mann Financial's most frequently originated type of loan was Conventional, with 6,370 originations. Their 2nd most popular type was FHA, with 1,144 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,726 $1,445,910,000 $305,948 $6,886 3.20%
    Cash Out Refi 1,935 $560,245,000 $289,532 $6,435 3.16%
    Refi 1,835 $511,505,000 $278,749 $4,933 2.90%
    Other 2 $770,000 $385,000 $7,553 6.19%

    For 2021, Mann Financial's most frequently cited loan purpose was Home Purchase, with 4,726 originations. The 2nd most popular reason was Cash Out Refi, with 1,935 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 7,562 $2,318,370,000 $306,582 $6,588 3.16%
    15 Year 580 $125,840,000 $216,966 $4,267 2.55%
    20 Year 122 $29,420,000 $241,148 $4,951 3.03%
    10 Year 80 $3,370,000 $42,125 $873 4.12%
    30+ year 79 $27,685,000 $350,443 $10,316 3.34%
    Other 45 $7,885,000 $175,222 $3,833 2.82%
    3 Year 21 $145,000 $6,905 $0 0.00%
    1 Year 7 $4,545,000 $649,286 $0 5.38%
    5 Year 2 $1,170,000 $585,000 $18,689 4.50%

    For 2021, Mann Financial's most frequently cited loan duration was 30 Year, with 7,562 originations. The 2nd most popular length was 15 Year, with 580 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,953 $610,395,000 $312,542
    $3k-4k 1,515 $398,255,000 $262,875
    $2k-3k 1,444 $333,160,000 $230,720
    $5k+ 1,346 $593,980,000 $441,293
    $<1k 1,162 $242,180,000 $208,417
    $4k-5k 1,071 $338,295,000 $315,868

    Mann Financial's average total fees were $6,588, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,953 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 4,056 $1,300,560,000 $320,651
    2.5-3% 2,952 $906,490,000 $307,077
    <2.5% 847 $218,295,000 $257,727
    4-5% 328 $84,110,000 $256,433
    5-6% 50 $5,870,000 $117,400
    Over 8% 1 $55,000 $55,000

    During 2021, Mann Financial's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 3-4%, with 4,056 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,419 $1,282,655,000 $290,259 $6,782 3.15%
    $100k-200k 1,645 $259,785,000 $157,924 $4,760 3.07%
    $400k-600k 1,456 $696,510,000 $478,372 $7,724 3.14%
    $100,000 or less 645 $19,945,000 $30,922 $1,204 3.07%
    $600k-1MM 295 $211,585,000 $717,237 $11,748 3.23%
    $1MM+ 38 $47,950,000 $1,261,842 $17,973 3.08%

    2021 saw Mann Financial place emphasis on $200k-400k loans with 4,419 originations, totaling $1,282,655,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,315 $564,305,000 $243,760 $6,144 3.13%
    $75k-100k 1,744 $514,340,000 $294,920 $6,757 3.15%
    $100k-150k 1,732 $605,840,000 $349,792 $6,846 3.15%
    $50k or less 1,270 $217,200,000 $171,024 $5,109 3.12%
    $150k-250k 866 $374,110,000 $431,998 $6,943 3.14%
    $250k+ 343 $171,835,000 $500,977 $7,456 3.14%

    Mann Financial lent most frequently to those with incomes in the $50k-75k range, with 2,315 originations. The second most popular income band? $75k-100k, with 1,744 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,470 $415,270,000 $282,497 $5,434 3.04%
    30-36% 1,468 $427,910,000 $291,492 $5,992 3.12%
    <20% 500 $123,300,000 $246,600 $4,609 2.94%
    50-60% 474 $155,410,000 $327,869 $9,905 3.12%
    44% 417 $123,825,000 $296,942 $6,595 3.22%
    43% 366 $114,050,000 $311,612 $6,755 3.16%
    42% 365 $111,345,000 $305,055 $6,422 3.20%
    41% 360 $110,110,000 $305,861 $6,737 3.18%
    45% 325 $101,775,000 $313,154 $7,023 3.19%
    40% 325 $97,885,000 $301,185 $6,458 3.22%
    49% 319 $100,105,000 $313,809 $7,303 3.15%
    39% 306 $93,980,000 $307,124 $6,513 3.23%
    37% 293 $84,555,000 $288,584 $6,404 3.18%
    48% 292 $92,960,000 $318,356 $7,133 3.21%
    38% 285 $84,035,000 $294,860 $6,303 3.21%
    36% 265 $80,815,000 $304,962 $6,143 3.16%
    46% 255 $78,325,000 $307,157 $6,733 3.21%
    47% 239 $69,825,000 $292,155 $6,372 3.25%
    >60% 52 $18,310,000 $352,115 $8,177 3.02%

    Mann Financial lent most frequently to those with DTI ratios of 20-30%, with 1,470 originations. The next most common DTI ratio? 30-36%, with 1,468 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,820 $1,953,610,000 $286,453 $6,259 3.13%
    Not provided 918 $294,380,000 $320,675 $6,067 3.12%
    Asian 314 $124,240,000 $395,669 $7,614 3.16%
    Black 193 $63,745,000 $330,285 $7,156 3.16%
    American Indian 117 $31,115,000 $265,940 $6,250 3.14%
    Native Hawaiian or Islander 56 $23,250,000 $415,179 $11,284 3.17%
    Filipino 18 $5,610,000 $311,667 $15,232 2.98%
    Other Asian 11 $4,965,000 $451,364 $4,895 3.41%
    Asian Indian 12 $4,840,000 $403,333 $5,257 2.94%
    Other Pacific Islander 10 $2,640,000 $264,000 $5,036 3.71%
    Native Hawaiian 6 $2,450,000 $408,333 $10,381 3.28%
    Korean 6 $1,590,000 $265,000 $3,539 3.15%
    Japanese 4 $1,490,000 $372,500 $3,943 3.03%
    Guamanian 2 $1,270,000 $635,000 $11,765 3.19%
    Vietnamese 4 $1,160,000 $290,000 $7,091 2.91%
    Samoan 3 $1,005,000 $335,000 $8,732 2.38%
    Chinese 3 $595,000 $198,333 $4,375 3.54%
    1 $475,000 $475,000 $5,359 3.88%

    Approval Rates

    Total approvals of all applications
    92.11%

    Mann Financial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.37%

    Mann Financial has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    186.95 1 $135,000 $135,000
    2500.0 1 $375,000 $375,000
    NA 8,496 $2,517,920,000 $296,365

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    8,498 $2,518,430,000 $296,356

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 382 $79,270,000 $207,513 $4,615 2.90%
    40-60% 1,171 $311,315,000 $265,854 $4,893 2.96%
    60-80% 2,738 $877,490,000 $320,486 $6,005 3.18%
    80-100% 3,563 $1,175,355,000 $329,878 $7,701 3.18%
    Over 100% 161 $65,165,000 $404,752 $14,573 3.00%
    Under 20% 483 $9,835,000 $20,362 $379 3.03%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    MANN FINANCIAL INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 50.0%
    MANN FINANCIAL INC. Conventional home mortgage Trouble during payment process 2 50.0%