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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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. Their top markets include Las Vegas, Kalispell, Seattle, Missoula, and Washington among others. Mann Financial has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Mann Financial is typically a high fee lendor.


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 rate mortgage of loans were 3.16%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.01%.

Relative Fees

Mann Financial 's average total fees for a 30 year fixed rate mortgage are $6,588.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,371 $1,860,865,000 $292,084 $5,242 3.15%
FHA 1,149 $315,815,000 $274,861 $10,720 3.22%
VA 740 $283,080,000 $382,541 $8,665 2.89%
USDA 238 $58,670,000 $246,513 $7,844 2.88%

For the 2021 period, Mann Financial 's most frequently originated loan type of loans were Conventional, with 6,371 originations. Their 2nd most popular type is FHA, with 1,149 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, Mann Financial 's most frequently cited loan purpose of loans were Home Purchase, with 4,726 originations. The 2nd most popular reason of loans were 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 the 2021, Mann Financial 's most frequently cited loan length of loans were 30 Year, with 7,562 originations. The 2nd most popular length of loans were 15 Year, with 580 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 2,586 $736,550,000 $284,822
$1k-2k 1,953 $610,395,000 $312,542
$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

$6,588 of loans were Mann Financial 's average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 2,586 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 of loans were 3.16%, while their most frequently originated rate bucket of loans were 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 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 Hawiian 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
94.62%

Mann Financial has an average approval rate.

Pick Rate

Approvals leading to origination
66.31%

Mann Financial 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
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%