Hometown Lenders Mortgage Rates, Fees & Info

HUNTSVILLE, AL

LEI: 549300UFNWYY11NLMW19

Tax ID: 63-1246790

3.24 stars - out of 5 stars, based on 119 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Hometown Lenders is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Hometown Lenders 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 Seattle, Chicago, Yuba City, Birmingham, and Reno among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Hometown Lenders is typically an average fee lendor.


Originations

14,173

Origination Dollar Volume (All Markets)

$3,244,205,000
Show all (31) awards

Relative Rate

Hometown Lenders 's average 30 year fixed rate mortgage of loans were 3.25%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.11%.

Relative Fees

Hometown Lenders 's average total fees for a 30 year fixed rate mortgage are $5,887.

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 $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 1,678 $309,790,000 $184,619 $5,528 3.34%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 632 $232,910,000 $368,528 $6,771 2.96%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 841 $184,895,000 $219,851 $5,874 3.25%
YUBA CITY, CA (FHA|USDA|VA) 636 $170,660,000 $268,333 $5,227 3.09%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 832 $155,480,000 $186,875 $6,312 3.29%
RENO, NV (FHA|USDA|VA) 371 $110,525,000 $297,911 $5,080 3.13%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 465 $98,765,000 $212,398 $3,855 3.25%
HUNTSVILLE, AL (FHA|USDA|VA) 481 $97,915,000 $203,565 $5,529 3.12%
BAKERSFIELD, CA (FHA|USDA|VA) 356 $87,960,000 $247,079 $5,806 3.09%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 335 $80,115,000 $239,149 $4,859 3.13%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 311 $78,095,000 $251,109 $5,123 3.20%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 331 $76,205,000 $230,227 $3,684 3.20%
COLUMBUS, OH (FHA|USDA|VA) 320 $74,760,000 $233,625 $5,797 3.42%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 273 $66,165,000 $242,363 $7,417 3.34%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 271 $65,135,000 $240,351 $5,282 3.26%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 392 $64,750,000 $165,179 $5,213 3.44%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 170 $63,310,000 $372,412 $6,799 2.95%
GARY, IN (FHA|USDA|VA) 270 $60,010,000 $222,259 $4,532 3.21%
PHILADELPHIA, PA (FHA|USDA|VA) 192 $58,630,000 $305,365 $5,724 3.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 279 $49,165,000 $176,219 $5,079 2.97%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 173 $48,255,000 $278,931 $6,564 3.17%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 141 $45,905,000 $325,567 $6,463 2.93%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 194 $45,350,000 $233,763 $5,878 3.27%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 185 $44,925,000 $242,838 $6,953 3.32%
DOTHAN, AL (FHA|USDA|VA) 270 $42,440,000 $157,185 $5,171 3.22%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 89 $35,375,000 $397,472 $5,797 3.00%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 155 $34,165,000 $220,419 $3,773 3.22%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 123 $29,925,000 $243,293 $8,080 3.36%
MOBILE, AL (FHA|USDA|VA) 163 $26,895,000 $165,000 $5,548 3.23%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 95 $25,095,000 $264,158 $6,739 3.21%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 65 $24,005,000 $369,308 $7,974 3.11%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 130 $23,130,000 $177,923 $5,851 3.34%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 75 $23,075,000 $307,667 $5,765 2.92%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 111 $22,375,000 $201,577 $7,772 3.36%
KNOXVILLE, TN (FHA|USDA|VA) 107 $20,635,000 $192,850 $6,320 3.19%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 95 $19,435,000 $204,579 $6,525 3.25%
SPRINGFIELD, MO (FHA|USDA|VA) 104 $19,060,000 $183,269 $3,945 3.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 59 $18,875,000 $319,915 $5,826 2.98%
CHICO, CA (FHA|USDA|VA) 71 $18,415,000 $259,366 $5,141 3.15%
NEWARK, NJ-PA (FHA|USDA|VA) 79 $17,425,000 $220,570 $5,987 2.97%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 127 $17,265,000 $135,945 $5,916 3.48%
CARSON CITY, NV (FHA|USDA|VA) 51 $16,405,000 $321,667 $5,469 3.20%
DECATUR, AL (FHA|USDA|VA) 79 $13,035,000 $165,000 $5,573 3.23%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 39 $12,625,000 $323,718 $5,331 2.98%
TOLEDO, OH (FHA|USDA|VA) 84 $12,190,000 $145,119 $7,661 3.33%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 33 $11,175,000 $338,636 $5,209 2.93%
KANKAKEE, IL (FHA|USDA|VA) 64 $11,140,000 $174,063 $4,630 3.19%
ELGIN, IL (FHA|USDA|VA) 46 $10,410,000 $226,304 $5,515 3.21%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 44 $8,560,000 $194,545 $5,239 2.90%
OCALA, FL (FHA|USDA|VA) 52 $8,500,000 $163,462 $6,814 3.53%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 29 $8,415,000 $290,172 $7,004 2.88%
ST. GEORGE, UT (FHA|USDA|VA) 31 $8,205,000 $264,677 $7,388 3.42%
TUSCALOOSA, AL (FHA|USDA|VA) 43 $8,175,000 $190,116 $8,215 3.46%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 46 $8,040,000 $174,783 $6,136 3.34%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 36 $7,500,000 $208,333 $5,560 3.29%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 26 $7,400,000 $284,615 $5,876 3.08%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 39 $7,325,000 $187,821 $5,639 3.22%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 43 $7,205,000 $167,558 $5,441 3.27%
JACKSON, MS (FHA|USDA|VA) 34 $7,170,000 $210,882 $8,734 3.67%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 23 $6,955,000 $302,391 $6,177 3.17%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 14 $6,940,000 $495,714 $3,399 2.93%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 32 $6,390,000 $199,688 $6,675 3.44%
FAYETTEVILLE, NC (FHA|USDA|VA) 36 $6,260,000 $173,889 $7,434 3.67%
RICHMOND, VA (FHA|USDA|VA) 22 $6,210,000 $282,273 $5,242 3.07%
COLORADO SPRINGS, CO (FHA|USDA|VA) 14 $5,510,000 $393,571 $5,822 2.69%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 21 $5,405,000 $257,381 $6,497 3.21%
CAMDEN, NJ (FHA|USDA|VA) 20 $5,360,000 $268,000 $5,504 3.10%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 28 $5,290,000 $188,929 $6,314 3.14%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 25 $5,255,000 $210,200 $7,860 3.45%
GREELEY, CO (FHA|USDA|VA) 14 $5,050,000 $360,714 $8,009 3.05%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 23 $4,845,000 $210,652 $6,630 3.29%
EAST STROUDSBURG, PA (FHA|USDA|VA) 26 $4,790,000 $184,231 $5,098 2.93%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 17 $4,785,000 $281,471 $5,559 3.17%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 16 $4,750,000 $296,875 $8,293 3.38%
RALEIGH-CARY, NC (FHA|USDA|VA) 17 $4,555,000 $267,941 $5,486 3.02%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $4,010,000 $200,500 $6,002 3.42%
PANAMA CITY, FL (FHA|USDA|VA) 19 $3,975,000 $209,211 $4,838 3.64%
WINSTON-SALEM, NC (FHA|USDA|VA) 23 $3,905,000 $169,783 $6,634 3.28%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 16 $3,900,000 $243,750 $9,552 3.12%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 20 $3,860,000 $193,000 $3,740 3.24%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 15 $3,815,000 $254,333 $5,857 2.98%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 21 $3,395,000 $161,667 $6,434 3.76%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 19 $3,265,000 $171,842 $5,506 3.24%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 20 $3,260,000 $163,000 $5,434 3.07%
PUNTA GORDA, FL (FHA|USDA|VA) 21 $3,195,000 $152,143 $5,728 3.45%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $3,195,000 $456,429 $5,726 3.16%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $3,160,000 $197,500 $4,799 3.27%
GADSDEN, AL (FHA|USDA|VA) 18 $3,020,000 $167,778 $5,820 3.06%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 15 $2,885,000 $192,333 $6,278 3.23%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 20 $2,830,000 $141,500 $6,143 3.41%
MONTGOMERY, AL (FHA|USDA|VA) 15 $2,755,000 $183,667 $6,754 3.25%
LANCASTER, PA (FHA|USDA|VA) 13 $2,595,000 $199,615 $8,006 3.31%
BOSTON, MA (FHA|USDA|VA) 5 $2,595,000 $519,000 $5,232 2.65%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $2,510,000 $418,333 $6,418 3.15%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 14 $2,440,000 $174,286 $5,392 3.16%
PITTSBURGH, PA (FHA|USDA|VA) 13 $2,345,000 $180,385 $6,383 3.21%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $2,335,000 $212,273 $4,876 3.03%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 11 $2,315,000 $210,455 $5,266 3.41%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 14 $2,310,000 $165,000 $5,256 3.29%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 8 $2,220,000 $277,500 $6,871 3.16%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 13 $2,175,000 $167,308 $6,442 3.29%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 12 $2,150,000 $179,167 $4,994 3.21%
BELLINGHAM, WA (FHA|USDA|VA) 7 $2,135,000 $305,000 $5,447 3.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $2,115,000 $192,273 $7,812 3.57%
ST. LOUIS, MO-IL (FHA|USDA|VA) 12 $2,060,000 $171,667 $4,780 3.54%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $2,060,000 $257,500 $8,288 3.53%
LAREDO, TX (FHA|USDA|VA) 8 $1,970,000 $246,250 $8,218 3.16%
BOULDER, CO (FHA|USDA|VA) 5 $1,965,000 $393,000 $5,207 2.83%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 5 $1,945,000 $389,000 $5,760 2.55%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 6 $1,940,000 $323,333 $7,487 3.29%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,935,000 $276,429 $6,327 2.91%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 5 $1,805,000 $361,000 $6,145 3.00%
MONROE, MI (FHA|USDA|VA) 12 $1,800,000 $150,000 $7,201 3.48%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 10 $1,770,000 $177,000 $5,423 3.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 8 $1,770,000 $221,250 $6,805 3.17%
MORRISTOWN, TN (FHA|USDA|VA) 11 $1,685,000 $153,182 $6,422 3.51%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 6 $1,630,000 $271,667 $6,468 3.02%
LAFAYETTE, LA (FHA|USDA|VA) 6 $1,610,000 $268,333 $6,515 3.96%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,600,000 $266,667 $6,450 2.98%
WORCESTER, MA-CT (FHA|USDA|VA) 6 $1,590,000 $265,000 $7,352 2.81%
READING, PA (FHA|USDA|VA) 7 $1,535,000 $219,286 $6,666 3.11%
SALT LAKE CITY, UT (FHA|USDA|VA) 4 $1,500,000 $375,000 $5,599 3.34%
CHARLESTON, WV (FHA|USDA|VA) 12 $1,490,000 $124,167 $4,731 3.31%
STOCKTON, CA (FHA|USDA|VA) 4 $1,440,000 $360,000 $5,182 2.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,420,000 $355,000 $5,077 2.84%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,420,000 $236,667 $6,379 3.21%
OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $1,420,000 $177,500 $6,867 3.13%
TUCSON, AZ (FHA|USDA|VA) 6 $1,380,000 $230,000 $4,540 2.71%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 8 $1,370,000 $171,250 $5,248 3.27%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 5 $1,365,000 $273,000 $5,143 2.90%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 5 $1,365,000 $273,000 $7,682 3.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 7 $1,325,000 $189,286 $5,711 3.14%
GREENVILLE, NC (FHA|USDA|VA) 7 $1,245,000 $177,857 $5,560 4.13%
FLAGSTAFF, AZ (FHA|USDA|VA) 8 $1,240,000 $155,000 $4,603 3.16%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,235,000 $247,000 $5,097 3.48%
VISALIA, CA (FHA|USDA|VA) 6 $1,220,000 $203,333 $4,240 3.04%
VALLEJO, CA (FHA|USDA|VA) 3 $1,205,000 $401,667 $8,624 3.38%
TALLAHASSEE, FL (FHA|USDA|VA) 7 $1,135,000 $162,143 $7,097 3.30%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,125,000 $225,000 $3,962 2.90%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 5 $1,105,000 $221,000 $3,149 3.28%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $1,065,000 $213,000 $7,501 2.93%
WENATCHEE, WA (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,050 2.92%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,030,000 $515,000 $8,750 3.69%
CARBONDALE-MARION, IL (FHA|USDA|VA) 9 $1,005,000 $111,667 $4,990 3.47%
AKRON, OH (FHA|USDA|VA) 4 $1,000,000 $250,000 $5,107 3.16%
BATON ROUGE, LA (FHA|USDA|VA) 6 $980,000 $163,333 $9,171 3.15%
FRESNO, CA (FHA|USDA|VA) 4 $970,000 $242,500 $4,715 3.38%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 3 $935,000 $311,667 $14,911 4.21%
GOLDSBORO, NC (FHA|USDA|VA) 5 $925,000 $185,000 $5,703 3.25%
FORT WAYNE, IN (FHA|USDA|VA) 5 $915,000 $183,000 $8,246 3.45%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $875,000 $175,000 $7,908 2.93%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $850,000 $212,500 $6,515 3.06%
LYNCHBURG, VA (FHA|USDA|VA) 4 $840,000 $210,000 $7,088 3.56%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $835,000 $278,333 $5,574 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $805,000 $161,000 $6,092 3.43%
BOWLING GREEN, KY (FHA|USDA|VA) 3 $795,000 $265,000 $4,140 3.13%
FORT COLLINS, CO (FHA|USDA|VA) 2 $770,000 $385,000 $13,292 3.25%
YORK-HANOVER, PA (FHA|USDA|VA) 5 $765,000 $153,000 $6,152 3.60%
BOISE CITY, ID (FHA|USDA|VA) 3 $755,000 $251,667 $5,590 2.83%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $750,000 $187,500 $3,980 3.31%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $750,000 $375,000 $4,319 2.94%
JACKSON, TN (FHA|USDA|VA) 5 $745,000 $149,000 $6,999 3.78%
WHEELING, WV-OH (FHA|USDA|VA) 5 $715,000 $143,000 $7,270 3.35%
BEND, OR (FHA|USDA|VA) 2 $700,000 $350,000 $3,690 2.88%
MODESTO, CA (FHA|USDA|VA) 3 $695,000 $231,667 $6,117 3.13%
FLINT, MI (FHA|USDA|VA) 4 $690,000 $172,500 $6,532 3.44%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 2 $680,000 $340,000 $3,436 3.44%
CLEVELAND, TN (FHA|USDA|VA) 4 $670,000 $167,500 $5,544 3.22%
JACKSON, MI (FHA|USDA|VA) 4 $660,000 $165,000 $7,559 3.47%
WILMINGTON, NC (FHA|USDA|VA) 4 $640,000 $160,000 $5,312 3.09%
BURLINGTON, NC (FHA|USDA|VA) 5 $625,000 $125,000 $3,957 3.18%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $620,000 $310,000 $11,639 3.06%
NILES, MI (FHA|USDA|VA) 2 $610,000 $305,000 $4,689 3.19%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $600,000 $150,000 $3,826 3.02%
MADISON, WI (FHA|USDA|VA) 3 $595,000 $198,333 $5,010 3.08%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $595,000 $595,000 $12,750 3.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $575,000 $191,667 $6,767 2.96%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $565,000 $188,333 $6,557 3.33%
OWENSBORO, KY (FHA|USDA|VA) 4 $560,000 $140,000 $3,501 3.22%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $525,000 $175,000 $5,478 3.08%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $520,000 $260,000 $10,543 3.50%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $510,000 $255,000 $5,680 3.38%
ROCKFORD, IL (FHA|USDA|VA) 4 $510,000 $127,500 $6,680 3.66%
GAINESVILLE, FL (FHA|USDA|VA) 3 $495,000 $165,000 $9,655 3.83%
GREEN BAY, WI (FHA|USDA|VA) 3 $485,000 $161,667 $5,626 3.25%
KOKOMO, IN (FHA|USDA|VA) 2 $470,000 $235,000 $7,427 3.75%
WICHITA, KS (FHA|USDA|VA) 2 $470,000 $235,000 $3,264 3.38%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $465,000 $155,000 $7,315 3.42%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 1 $465,000 $465,000 $7,322 3.63%
PROVO-OREM, UT (FHA|USDA|VA) 2 $450,000 $225,000 $8,766 3.56%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $440,000 $220,000 $10,208 3.13%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $435,000 $145,000 $5,624 2.83%
LUBBOCK, TX (FHA|USDA|VA) 2 $430,000 $215,000 $7,176 3.50%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $425,000 $141,667 $4,592 4.25%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $410,000 $205,000 $5,742 2.94%
TYLER, TX (FHA|USDA|VA) 2 $410,000 $205,000 $4,995 3.38%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $405,000 $135,000 $4,876 3.29%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 2 $400,000 $200,000 $4,002 2.75%
NEW BERN, NC (FHA|USDA|VA) 3 $385,000 $128,333 $4,716 4.17%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $385,000 $128,333 $3,407 2.79%
MEDFORD, OR (FHA|USDA|VA) 2 $380,000 $190,000 $6,660 2.81%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $375,000 $125,000 $6,401 3.38%
Outside of Metro Areas 1 $375,000 $375,000 $5,386 3.38%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $370,000 $185,000 $3,224 3.56%
CORVALLIS, OR (FHA|USDA|VA) 1 $345,000 $345,000 $4,520 3.13%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $340,000 $170,000 $3,434 2.94%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $330,000 $165,000 $2,974 2.94%
JEFFERSON CITY, MO (FHA|USDA|VA) 2 $330,000 $165,000 $5,307 2.69%
SPARTANBURG, SC (FHA|USDA|VA) 3 $325,000 $108,333 $3,872 3.04%
MANKATO, MN (FHA|USDA|VA) 2 $320,000 $160,000 $5,915 3.06%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $320,000 $160,000 $4,962 3.81%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $315,000 $105,000 $4,601 3.00%
DUBUQUE, IA (FHA|USDA|VA) 2 $310,000 $155,000 $4,569 3.63%
TULSA, OK (FHA|USDA|VA) 2 $310,000 $155,000 $5,181 2.88%
SAN RAFAEL, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,477 3.13%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $295,000 $295,000 $9,788 3.13%
SALINAS, CA (FHA|USDA|VA) 1 $295,000 $295,000 $3,483 3.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $285,000 $95,000 $4,723 3.67%
BILLINGS, MT (FHA|USDA|VA) 1 $285,000 $285,000 $3,492 2.88%
JOPLIN, MO (FHA|USDA|VA) 1 $275,000 $275,000 $10,451 3.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $270,000 $135,000 $4,124 3.19%
ROANOKE, VA (FHA|USDA|VA) 2 $260,000 $130,000 $4,165 3.00%
STAUNTON, VA (FHA|USDA|VA) 1 $245,000 $245,000 $6,259 3.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $235,000 $235,000 $3,505 3.63%
YAKIMA, WA (FHA|USDA|VA) 1 $235,000 $235,000 $6,762 2.88%
MERCED, CA (FHA|USDA|VA) 1 $235,000 $235,000 $6,697 3.25%
HAMMOND, LA (FHA|USDA|VA) 1 $225,000 $225,000 $3,312 4.75%
RACINE, WI (FHA|USDA|VA) 1 $225,000 $225,000 $4,262 2.88%
LONGVIEW, WA (FHA|USDA|VA) 1 $225,000 $225,000 $3,476 3.88%
SAGINAW, MI (FHA|USDA|VA) 2 $220,000 $110,000 $6,192 3.19%
DOVER, DE (FHA|USDA|VA) 1 $215,000 $215,000 $8,042 2.88%
SALEM, OR (FHA|USDA|VA) 1 $215,000 $215,000 $6,381 2.75%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $210,000 $105,000 $5,142 3.75%
MIDLAND, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,805 2.75%
WALLA WALLA, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,433 3.00%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $7,925 2.88%
JONESBORO, AR (FHA|USDA|VA) 1 $195,000 $195,000 $7,946 2.75%
EL PASO, TX (FHA|USDA|VA) 2 $190,000 $95,000 $4,966 2.63%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $190,000 $95,000 $4,921 3.31%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $185,000 $185,000 $10,308 2.75%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $185,000 $185,000 $1,902 3.25%
MISSOULA, MT (FHA|USDA|VA) 1 $175,000 $175,000 $2,894 2.75%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $175,000 $175,000 $6,414 3.88%
YUMA, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $3,675 3.25%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $165,000 $165,000 $5,389 2.88%
CHEYENNE, WY (FHA|USDA|VA) 1 $165,000 $165,000 $4,791 4.25%
HATTIESBURG, MS (FHA|USDA|VA) 1 $165,000 $165,000 $2,895 2.63%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,610 2.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,387 3.50%
LEBANON, PA (FHA|USDA|VA) 1 $155,000 $155,000 $4,073 2.88%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $155,000 $155,000 $2,378 2.75%
FLORENCE, SC (FHA|USDA|VA) 1 $155,000 $155,000 $5,138 2.63%
FOND DU LAC, WI (FHA|USDA|VA) 1 $155,000 $155,000 $5,714 3.25%
MONROE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $5,824 3.13%
SAN ANGELO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $6,124 4.25%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $145,000 $145,000 $10,126 2.75%
DULUTH, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $6,460 2.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,224 2.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $135,000 $135,000 $9,865 2.38%
ERIE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $4,549 4.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,231 2.88%
MORGANTOWN, WV (FHA|USDA|VA) 1 $115,000 $115,000 $6,927 2.88%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,723 3.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $95,000 $95,000 $5,718 3.63%
PUEBLO, CO (FHA|USDA|VA) 1 $85,000 $85,000 $4,988 4.49%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $85,000 $85,000 $4,151 2.50%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,975 3.50%
LINCOLN, NE (FHA|USDA|VA) 1 $85,000 $85,000 $675 4.25%
TOPEKA, KS (FHA|USDA|VA) 1 $85,000 $85,000 $4,729 2.75%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $75,000 $75,000 $5,726 3.63%
MANSFIELD, OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,139 3.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $65,000 $65,000 $4,694 2.75%

Hometown Lenders 's top markets include Seattle, Chicago, Yuba City, Birmingham, and Reno among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 9,245 $2,243,045,000 $242,622 $4,605 3.17%
FHA 3,527 $673,925,000 $191,076 $8,298 3.36%
VA 963 $256,175,000 $266,018 $6,747 3.10%
USDA 438 $71,060,000 $162,237 $5,695 3.28%

For the 2020 period, Hometown Lenders 's most frequently originated loan type of loans were Conventional, with 9,245 originations. Their 2nd most popular type is FHA, with 3,527 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 7,661 $1,679,535,000 $219,232 $6,333 3.30%
Refi 4,345 $1,059,905,000 $243,937 $4,571 3.04%
Cash Out Refi 2,153 $502,795,000 $233,532 $5,761 3.27%
Home Improvement 14 $1,970,000 $140,714 $4,610 3.08%

For the 2020, Hometown Lenders 's most frequently cited loan purpose of loans were Home Purchase, with 7,661 originations. The 2nd most popular reason of loans were Refi, with 4,345 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 12,317 $2,874,135,000 $233,347 $5,887 3.25%
15 Year 1,099 $215,375,000 $195,974 $4,330 2.84%
20 Year 452 $95,230,000 $210,686 $4,778 3.14%
Other 224 $45,920,000 $205,000 $4,879 3.25%
10 Year 80 $13,300,000 $166,250 $3,764 2.88%
30+ year 1 $245,000 $245,000 $10,555 3.88%

For the 2020, Hometown Lenders 's most frequently cited loan length of loans were 30 Year, with 12,317 originations. The 2nd most popular length of loans were 15 Year, with 1,099 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 6,631 $1,481,845,000 $223,472
$3k-4k 2,727 $608,305,000 $223,067
$2k-3k 2,462 $486,640,000 $197,660
$5k+ 1,301 $427,305,000 $328,444
$<1k 973 $223,375,000 $229,573

$5,887 of loans were Hometown Lenders 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 6,631 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 6,642 $1,447,680,000 $217,958
2.5-3% 5,597 $1,376,715,000 $245,974
<2.5% 938 $241,530,000 $257,495
4-5% 928 $164,500,000 $177,263
5-6% 50 $9,850,000 $197,000
7-8% 7 $1,175,000 $167,857
6-7% 3 $615,000 $205,000
Over 8% 2 $1,350,000 $675,000

During 2020, Hometown Lenders 's average interest rate of loans were 3.25%, while their most frequently originated rate bucket of loans were 3-4%, with 6,642 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 6,304 $1,736,740,000 $275,498 $6,167 3.15%
$100k-200k 5,640 $859,100,000 $152,323 $5,141 3.29%
$100,000 or less 1,078 $86,370,000 $80,121 $4,344 3.42%
$400k-600k 1,059 $492,415,000 $464,981 $6,766 3.04%
$600k-1MM 85 $59,535,000 $700,412 $11,848 3.11%
$1MM+ 7 $10,045,000 $1,435,000 $14,808 3.71%

2020 saw Hometown Lenders place emphasis on $200k-400k loans with 6,304 originations, totaling $1,736,740,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 3,794 $745,890,000 $196,597 $5,831 3.26%
$50k or less 2,945 $425,015,000 $144,317 $5,292 3.30%
$100k-150k 2,739 $761,425,000 $277,994 $5,808 3.16%
$75k-100k 2,622 $618,580,000 $235,919 $5,920 3.22%
$150k-250k 1,397 $460,635,000 $329,732 $5,835 3.13%
$250k+ 373 $148,275,000 $397,520 $5,829 3.10%

Hometown Lenders lent most frequently to those with incomes in the $50k-75k range, with 3,794 originations. The second most popular income band? $50k or less, with 2,945 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,051 $689,235,000 $225,905 $5,027 3.16%
30-36% 2,479 $557,005,000 $224,689 $5,410 3.24%
<20% 1,055 $232,525,000 $220,403 $4,387 3.04%
50-60% 849 $185,225,000 $218,168 $8,593 3.30%
44% 565 $131,175,000 $232,168 $6,153 3.34%
39% 528 $124,830,000 $236,420 $5,700 3.26%
42% 525 $124,645,000 $237,419 $5,886 3.24%
41% 519 $116,375,000 $224,229 $5,946 3.27%
43% 511 $119,855,000 $234,550 $6,427 3.30%
37% 507 $118,605,000 $233,935 $5,601 3.26%
38% 504 $112,770,000 $223,750 $5,772 3.27%
40% 503 $113,615,000 $225,875 $5,906 3.31%
36% 479 $110,765,000 $231,242 $5,535 3.23%
49% 395 $89,885,000 $227,557 $6,242 3.25%
45% 379 $89,125,000 $235,158 $6,409 3.25%
48% 335 $81,155,000 $242,254 $6,536 3.25%
47% 314 $75,010,000 $238,885 $6,186 3.23%
46% 313 $72,975,000 $233,147 $6,356 3.23%
>60% 18 $5,490,000 $305,000 $5,607 3.37%

Hometown Lenders lent most frequently to those with DTI ratios of 20-30%, with 3,051 originations. The next most common DTI ratio? 30-36%, with 2,479 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 11,931 $2,712,365,000 $227,338 $5,601 3.21%
Black 960 $204,910,000 $213,448 $7,116 3.36%
Not provided 807 $195,335,000 $242,051 $5,463 3.18%
Asian 393 $110,345,000 $280,776 $5,494 3.11%
American Indian 44 $10,780,000 $245,000 $7,551 3.28%
Native Hawaiian 25 $7,505,000 $300,200 $7,543 3.19%
Not applicable 5 $1,055,000 $211,000 $8,263 3.45%
Native Hawiian 1 $385,000 $385,000 $4,667 2.63%
Asian Indian 2 $380,000 $190,000 $4,202 2.56%
Filipino 2 $340,000 $170,000 $8,281 3.75%
Vietnamese 1 $325,000 $325,000 $8,931 2.63%
Other Asian 1 $295,000 $295,000 $4,855 3.00%
Chinese 1 $185,000 $185,000 $5,121 3.25%

Approval Rates

Total approvals of all applications
96.92%

Hometown Lenders has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
69.63%

Hometown Lenders 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 14,173 $3,244,205,000 $228,900

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 411 $59,075,000 $143,735
Single Family (1-4 Units):Site-Built 13,762 $3,185,130,000 $231,444

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 350 $57,670,000 $164,771 $3,666 2.94%
40-60% 1,431 $326,555,000 $228,201 $4,153 2.94%
60-80% 4,240 $1,037,310,000 $244,649 $4,849 3.19%
80-100% 7,909 $1,759,145,000 $222,423 $6,404 3.30%
Over 100% 212 $58,430,000 $275,613 $10,714 3.17%
Under 20% 20 $1,820,000 $91,000 $2,985 3.12%