Jet Direct Funding Corp Mortgage Rates, Fees & Info
DOVER, DELEI: 549300U4FBW37LFHW771
Tax ID: 20-5614029
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Jet Direct Funding Corp is a smaller mortgage company specializing in Home Purchase and Refi loans. Jet Direct Funding Corp has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: New York, Wilmington, Bridgeport, Miami, and Poughkeepsie among others. We have data for 54 markets. (Some data included below & more in-depth data is available with an active subscription.)Jet Direct Funding Corp has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Jet Direct Funding Corp 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 | 6.75% | 12/23/24 |
| 30 Year Conventional Refi | 6.62% | 12/23/24 |
| 30 Year Cash-out Refi | 6.64% | 12/23/24 |
| 30 Year FHA Purchase | 7.34% | 12/23/24 |
| 30 Year FHA Refi | 7.13% | 12/23/24 |
| 30 Year VA Purchase | 6.14% | 12/23/24 |
| 15 Year Conventional Purchase | 6.46% | 12/23/24 |
| 15 Year Conventional Refi | 5.95% | 12/23/24 |
| 15 Year Cash-out Refi | 5.95% | 12/23/24 |
| 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. | ||
Jet Direct Funding Corp Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Jet Direct Funding 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
1,143Origination Dollar Volume (All Markets)
$449,535,000Awards
JET DIRECT FUNDING CORP - 2020
JET DIRECT FUNDING CORP is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for JET DIRECT FUNDING CORP?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 924 | $390,710,000 | $422,846 | $12,381 | 3.23% |
| WILMINGTON, NC (FHA|USDA|VA) | 39 | $9,835,000 | $252,179 | $4,353 | 2.90% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 14 | $5,510,000 | $393,571 | $11,465 | 3.04% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 14 | $4,860,000 | $347,143 | $10,857 | 3.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 14 | $4,180,000 | $298,571 | $8,920 | 3.13% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 18 | $3,890,000 | $216,111 | $4,769 | 3.10% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 7 | $2,365,000 | $337,857 | $3,042 | 2.80% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 11 | $2,285,000 | $207,727 | $3,158 | 3.23% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $1,895,000 | $379,000 | $2,394 | 2.78% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 5 | $1,745,000 | $349,000 | $10,474 | 4.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $9,077 | 2.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 6 | $1,470,000 | $245,000 | $9,466 | 3.31% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $9,747 | 3.16% |
| Outside of Metro Areas | 5 | $1,035,000 | $207,000 | $7,376 | 2.75% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $7,696 | 2.66% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $8,404 | 3.06% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $5,706 | 3.38% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $4,839 | 3.13% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $2,821 | 2.81% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $8,884 | 3.92% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $3,381 | 3.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,372 | 2.75% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $7,496 | 3.99% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $9,113 | 2.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,952 | 3.69% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $2,520 | 2.38% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,624 | 3.69% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $12,597 | 2.81% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $3,844 | 2.92% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $10,229 | 3.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,264 | 3.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $7,025 | 2.38% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $5,320 | 3.06% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $4,974 | 3.44% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,840 | 2.63% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,445 | 2.75% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,198 | 2.88% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $11,640 | 4.13% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,555 | 2.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,484 | 4.25% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $2,525 | 2.63% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,395 | 2.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,913 | 2.75% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,516 | 2.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,023 | 2.81% |
| OCALA, FL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,957 | 3.56% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,465 | 2.50% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,270 | 2.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,463 | 2.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,501 | 3.50% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,304 | 4.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,632 | 2.88% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,916 | 3.13% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,416 | 2.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against JET DIRECT FUNDING CORP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 134
Similarity Rank: 247
Similarity Rank: 304
Similarity Rank: 345
Similarity Rank: 482
Similarity Rank: 486
Similarity Rank: 538
Similarity Rank: 628
Similarity Rank: 638
Similarity Rank: 668
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 816 | $308,030,000 | $377,488 | $8,292 | 3.20% |
| FHA | 298 | $131,560,000 | $441,477 | $19,129 | 3.23% |
| VA | 29 | $9,945,000 | $342,931 | $9,028 | 2.80% |
For 2020, Jet Direct Funding Corp's most frequently originated type of loan was Conventional, with 816 originations. Their 2nd most popular type was FHA, with 298 originations.
Loan Reason
For 2020, Jet Direct Funding Corp's most frequently cited loan purpose was Home Purchase, with 636 originations. The 2nd most popular reason was Refi, with 381 originations.
Loan Duration/Length
For 2020, Jet Direct Funding Corp's most frequently cited loan duration was 30 Year, with 1,047 originations. The 2nd most popular length was 15 Year, with 57 originations.
Origination Fees/Closing Costs
Jet Direct Funding Corp's average total fees were $11,711, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 468 originations.
Interest Rates
During 2020, Jet Direct Funding Corp's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 3-4%, with 512 originations.
Loan Sizing
2020 saw Jet Direct Funding Corp place emphasis on $200k-400k loans with 527 originations, totaling $165,185,000 in origination value.
Applicant Income
Jet Direct Funding Corp lent most frequently to those with incomes in the $100k-150k range, with 387 originations. The second most popular income band? $75k-100k, with 284 originations.
Applicant Debt to Income Ratio
Jet Direct Funding Corp lent most frequently to those with DTI ratios of 30-36%, with 140 originations. The next most common DTI ratio? 50-60%, with 138 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.68%
Jet Direct Funding Corp has an average approval rate.
Pick Rate
Approvals leading to origination74.10%
Jet Direct Funding Corp has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 1 | $445,000 | $445,000 |
| NA | 1,142 | $449,090,000 | $393,249 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 1,143 | $449,535,000 | $393,294 |