Impac Mortgage Corp. Rates, Fees & Info
IRVINE, CALEI: 549300U2WRK55BY8UC05
Tax ID: 80-0233937
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Mortgage Data
Review & Overview
Impac Mortgage Corp. is a smaller mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. Impac Mortgage Corp. has a high proportion of conventional 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: Los Angeles, Riverside, San Diego, San Francisco, and New York among others. We have data for 220 markets. (Some data included below & more in-depth data is available with an active subscription.)Impac Mortgage Corp. has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Impac Mortgage Corp. is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.92% | 12/4/24 |
| 30 Year Conventional Refi | 7.23% | 12/4/24 |
| 30 Year Cash-out Refi | 6.90% | 12/4/24 |
| 30 Year FHA Purchase | 6.51% | 12/4/24 |
| 30 Year FHA Refi | 6.65% | 12/4/24 |
| 30 Year VA Purchase | 6.53% | 12/4/24 |
| 30 Year VA Refi | 6.01% | 12/4/24 |
| 15 Year Conventional Purchase | 6.43% | 12/4/24 |
| 15 Year Conventional Refi | 5.79% | 12/4/24 |
| 15 Year Cash-out Refi | 5.79% | 12/4/24 |
| 15 Year VA Refi | 5.68% | 12/4/24 |
| 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. | ||
Impac Mortgage Corp. Mortgage Calculator
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This is not an official calculator from Impac Mortgage Corp.. 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
1,643Origination Dollar Volume (All Markets)
$663,075,000Awards
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IMPAC MORTGAGE CORP. - 2022
IMPAC MORTGAGE CORP. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 285 | $165,675,000 | $581,316 | $9,048 | 4.51% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 147 | $64,395,000 | $438,061 | $7,557 | 4.80% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 80 | $44,380,000 | $554,750 | $10,957 | 4.57% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 50 | $32,380,000 | $647,600 | $8,680 | 4.17% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 46 | $27,400,000 | $595,652 | $16,918 | 5.21% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 79 | $27,295,000 | $345,506 | $7,949 | 5.35% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 59 | $21,635,000 | $366,695 | $7,066 | 4.54% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 44 | $17,120,000 | $389,091 | $3,401 | 3.89% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 41 | $14,835,000 | $361,829 | $6,129 | 5.06% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 40 | $14,070,000 | $351,750 | $6,717 | 5.38% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 18 | $10,100,000 | $561,111 | $6,918 | 4.12% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 38 | $8,140,000 | $214,211 | $5,743 | 5.75% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 13 | $7,845,000 | $603,462 | $7,450 | 4.68% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 16 | $7,260,000 | $453,750 | $5,325 | 4.05% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 28 | $7,200,000 | $257,143 | $6,643 | 6.03% |
| Outside of Metro Areas | 25 | $6,965,000 | $278,600 | $4,727 | 5.35% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 12 | $6,440,000 | $536,667 | $6,203 | 4.76% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 26 | $5,680,000 | $218,462 | $5,059 | 4.94% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 9 | $4,855,000 | $539,444 | $20,852 | 3.71% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 6 | $4,470,000 | $745,000 | $7,054 | 3.71% |
| VALLEJO, CA (FHA|USDA|VA) | 11 | $4,445,000 | $404,091 | $9,681 | 4.24% |
| FRESNO, CA (FHA|USDA|VA) | 14 | $4,420,000 | $315,714 | $4,344 | 4.49% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 10 | $4,380,000 | $438,000 | $3,621 | 3.87% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 15 | $4,165,000 | $277,667 | $1,101 | 4.70% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 9 | $3,995,000 | $443,889 | $5,441 | 4.46% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 17 | $3,995,000 | $235,000 | $2,735 | 4.56% |
| STOCKTON, CA (FHA|USDA|VA) | 13 | $3,965,000 | $305,000 | $4,606 | 4.67% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 13 | $3,915,000 | $301,154 | $3,241 | 4.35% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $3,665,000 | $523,571 | $13,249 | 4.63% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 14 | $3,500,000 | $250,000 | $7,762 | 5.37% |
| COLUMBUS, OH (FHA|USDA|VA) | 13 | $3,015,000 | $231,923 | $6,054 | 5.10% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 9 | $2,895,000 | $321,667 | $6,288 | 5.35% |
| CHICO, CA (FHA|USDA|VA) | 8 | $2,870,000 | $358,750 | $11,538 | 4.55% |
| SALINAS, CA (FHA|USDA|VA) | 6 | $2,850,000 | $475,000 | $4,723 | 3.75% |
| NAPA, CA (FHA|USDA|VA) | 3 | $2,755,000 | $918,333 | $18,972 | 4.63% |
| TUCSON, AZ (FHA|USDA|VA) | 11 | $2,655,000 | $241,364 | $11,440 | 5.26% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $2,650,000 | $265,000 | $4,744 | 5.52% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 17 | $2,635,000 | $155,000 | $2,632 | 5.03% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 9 | $2,515,000 | $279,444 | $4,538 | 5.26% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $2,465,000 | $352,143 | $6,102 | 5.57% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 5 | $2,405,000 | $481,000 | $6,183 | 4.17% |
| RENO, NV (FHA|USDA|VA) | 4 | $2,340,000 | $585,000 | $872 | 4.12% |
| MODESTO, CA (FHA|USDA|VA) | 7 | $2,335,000 | $333,571 | $2,917 | 4.53% |
| ST. GEORGE, UT (FHA|USDA|VA) | 3 | $2,235,000 | $745,000 | $15,484 | 5.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 11 | $2,135,000 | $194,091 | $4,363 | 5.02% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $2,070,000 | $1,035,000 | $24,776 | 6.06% |
| PROVO-OREM, UT (FHA|USDA|VA) | 6 | $2,020,000 | $336,667 | $7,468 | 4.10% |
| Payson, AZ (FHA|USDA|VA) | 3 | $1,885,000 | $628,333 | $7,713 | 5.33% |
| BOISE CITY, ID (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $4,702 | 4.96% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 5 | $1,765,000 | $353,000 | $7,808 | 4.05% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $9,136 | 6.58% |
| Outside of Metro Areas | 2 | $1,520,000 | $760,000 | $16,059 | 4.43% |
| Show Low, AZ (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $5,590 | 4.21% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 8 | $1,480,000 | $185,000 | $3,670 | 4.94% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 3 | $1,385,000 | $461,667 | $3,320 | 5.75% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $0 | 4.33% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $5,116 | 5.06% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $1,265,000 | $421,667 | $8,338 | 5.08% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $2,918 | 4.02% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $17,098 | 4.22% |
| VISALIA, CA (FHA|USDA|VA) | 5 | $1,195,000 | $239,000 | $1,193 | 4.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $4,007 | 3.56% |
| Hilo, HI (FHA|USDA|VA) | 2 | $1,170,000 | $585,000 | $1,477 | 3.44% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $25,216 | 7.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $3,828 | 4.93% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 8 | $1,000,000 | $125,000 | $3,496 | 5.97% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $3,310 | 6.15% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $6,638 | 6.63% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $4,904 | 5.35% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 6 | $930,000 | $155,000 | $4,372 | 4.98% |
| BEND, OR (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 3.19% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $3,512 | 2.96% |
| RICHMOND, VA (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $373 | 5.03% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $2,283 | 3.83% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $8,545 | 3.63% |
| YUBA CITY, CA (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $0 | 7.72% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $12,672 | 6.94% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $957 | 3.54% |
| Sonora, CA (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $5,414 | 5.93% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 5.63% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $5,758 | 5.25% |
| LANCASTER, PA (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $0 | 6.12% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 6.25% |
| Clearlake, CA (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $4,261 | 3.94% |
| REDDING, CA (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $2,704 | 4.58% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $0 | 4.16% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 3.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,181 | 5.50% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,643 | 4.06% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $1,514 | 3.88% |
| SALEM, OR (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $1,370 | 5.29% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $2,738 | 5.62% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $3,949 | 5.56% |
| TULSA, OK (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $0 | 7.88% |
| Edwards, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $9,600 | 3.99% |
| Coos Bay, OR (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $8,080 | 6.13% |
| CARSON CITY, NV (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $5,493 | 4.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $6,044 | 6.49% |
| Centralia, WA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $5,500 | 3.88% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,575 | 3.88% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $3,264 | 5.31% |
| FAIRBANKS, AK (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $7,970 | 3.75% |
| Spearfish, SD (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 7.99% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $19,278 | 6.38% |
| GRANTS PASS, OR (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $1,638 | 4.17% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $2,697 | 4.13% |
| Sandpoint, ID (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $1,985 | 4.21% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $16,612 | 9.50% |
| Rockport, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $7,022 | 6.56% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $16,784 | 7.88% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 7.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $8,658 | 6.69% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $7,796 | 3.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,503 | 5.44% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $1,631 | 3.38% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $3,631 | 3.63% |
| Newport, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 5.75% |
| Durango, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,709 | 4.63% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 3.25% |
| Alamogordo, NM (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 6.87% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 6.13% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 3.13% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $7,328 | 7.69% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 3.88% |
| EL PASO, TX (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $6,263 | 6.87% |
| TYLER, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $8,252 | 6.99% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 3.75% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 4.13% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $12,802 | 8.50% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,157 | 4.88% |
| OCALA, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,361 | 7.13% |
| Hailey, ID (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 4.88% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $13,537 | 6.75% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,137 | 9.38% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,728 | 7.31% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,125 | 3.99% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $2,077 | 4.94% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,581 | 4.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 5.75% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 3.63% |
| RACINE, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $11,704 | 3.25% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 2.63% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,844 | 5.88% |
| Beeville, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,689 | 10.00% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,802 | 3.50% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $4,802 | 3.17% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 2.63% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 3.25% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,149 | 4.38% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,863 | 3.99% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 4.25% |
| Somerset, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 2.50% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,500 | 3.50% |
| Klamath Falls, OR (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $1,779 | 2.93% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 6.75% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,319 | 2.88% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 2.99% |
| MADISON, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,639 | 3.13% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 5.13% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,334 | 3.88% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 3.99% |
| Jasper, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 8.50% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 5.94% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $1,438 | 4.81% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 6.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $5,479 | 5.00% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,074 | 3.88% |
| Bennington, VT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 9.99% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,124 | 5.13% |
| Amsterdam, NY (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $7,799 | 5.88% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $595 | 5.13% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,263 | 2.99% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,764 | 3.99% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 7.50% |
| MERCED, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.50% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,392 | 4.99% |
| Boone, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 5.88% |
| Oxford, MS (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,585 | 3.25% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 5.38% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,801 | 4.63% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,077 | 8.88% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.88% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 6.25% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,240 | 5.75% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,790 | 2.88% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,218 | 4.75% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,547 | 3.50% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.88% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,137 | 4.99% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,942 | 3.75% |
| Susanville, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,971 | 3.75% |
| Palatka, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,174 | 3.38% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,693 | 3.50% |
| Meridian, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.25% |
| Batesville, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,882 | 5.99% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,369 | 5.63% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,929 | 3.99% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,381 | 3.25% |
| AKRON, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,985 | 5.88% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,534 | 5.75% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,355 | 5.99% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,551 | 5.63% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.88% |
| Ottumwa, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,112 | 7.38% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.13% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,263 | 3.63% |
| Woodward, OK (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,811 | 4.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,435 | 6.13% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,854 | 6.13% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.75% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,886 | 5.25% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,323 | 4.75% |
| Dumas, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,201 | 3.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.50% |
| Marion, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,884 | 5.63% |
| Searcy, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,569 | 2.63% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,550 | 5.63% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,461 | 3.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against IMPAC MORTGAGE CORP. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,620 | $649,550,000 | $400,957 | $6,966 | 4.84% |
| VA | 16 | $11,160,000 | $697,500 | $16,803 | 3.63% |
| FHA | 7 | $2,365,000 | $337,857 | $12,896 | 5.20% |
For 2022, Impac Mortgage Corp.'s most frequently originated type of loan was Conventional, with 1,620 originations. Their 2nd most popular type was VA, with 16 originations.
Loan Reason
For 2022, Impac Mortgage Corp.'s most frequently cited loan purpose was Cash Out Refi, with 741 originations. The 2nd most popular reason was Refi, with 421 originations.
Loan Duration/Length
For 2022, Impac Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 1,393 originations. The 2nd most popular length was 15 Year, with 114 originations.
Origination Fees/Closing Costs
Impac Mortgage Corp.'s average total fees were $7,508, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 459 originations.
Interest Rates
During 2022, Impac Mortgage Corp.'s average interest rate for loans was 4.98%, while their most frequently originated rate bucket for loans was 3-4%, with 531 originations.
Loan Sizing
2022 saw Impac Mortgage Corp. place emphasis on $200k-400k loans with 649 originations, totaling $186,305,000 in origination value.
Applicant Income
Impac Mortgage Corp. lent most frequently to those with incomes in the $150k-250k range, with 279 originations. The second most popular income band? $100k-150k, with 255 originations.
Applicant Debt to Income Ratio
Impac Mortgage Corp. lent most frequently to those with DTI ratios of 30-36%, with 200 originations. The next most common DTI ratio? 20-30%, with 196 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications64.08%
Impac Mortgage Corp. has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination36.64%
Impac Mortgage Corp. 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 | 1,643 | $663,075,000 | $403,576 |