Hometown Lenders Mortgage Rates, Fees & Info
HUNTSVILLE, ALLEI: 549300UFNWYY11NLMW19
Tax ID: 63-1246790
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Mortgage Data
Review & Overview
Hometown Lenders is a smaller mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Hometown Lenders has a high proportion of conventional loans. Their top markets by origination volume include: Birmingham, Huntsville, Grand Junction, Nashville, and Montgomery among others. We have data for 198 markets. (Some data included below & more in-depth data is available with an active subscription.)Hometown Lenders has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Hometown Lenders 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 11/27/24 |
| 30 Year Conventional Purchase | 6.76% | 11/27/24 |
| 30 Year Conventional Refi | 6.67% | 11/27/24 |
| 30 Year Cash-out Refi | 6.90% | 11/27/24 |
| 30 Year FHA Purchase | 7.75% | 11/27/24 |
| 30 Year FHA Refi | 7.63% | 11/27/24 |
| 30 Year VA Purchase | 6.57% | 11/27/24 |
| 30 Year VA Refi | 6.40% | 11/27/24 |
| 30 Year USDA Purchase | 6.99% | 11/27/24 |
| 30 Year USDA Refi | 7.32% | 11/27/24 |
| 15 Year Conventional Purchase | 6.17% | 11/27/24 |
| 15 Year Conventional Refi | 6.31% | 11/27/24 |
| 15 Year Cash-out Refi | 6.31% | 11/27/24 |
| 15 Year FHA Purchase | 5.68% | 11/27/24 |
| 15 Year FHA Refi | 8.01% | 11/27/24 |
| 15 Year VA Purchase | 6.74% | 11/27/24 |
| 15 Year VA Refi | 5.68% | 11/27/24 |
| 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. | ||
Hometown Lenders Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Hometown Lenders. 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
3,002Origination Dollar Volume (All Markets)
$507,780,000Awards
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Hometown Lenders - 2018
Hometown Lenders is a 2018 , due to their low .
For 2018, 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 |
|---|---|---|---|---|---|
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 336 | $56,010,000 | $166,696 | $6,469 | 5.05% |
| Outside of Metro Areas | 322 | $47,580,000 | $147,764 | $5,796 | 5.23% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 237 | $38,485,000 | $162,384 | $6,436 | 4.83% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 131 | $28,415,000 | $216,908 | $6,055 | 5.17% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 98 | $22,770,000 | $232,347 | $7,952 | 4.93% |
| MONTGOMERY, AL (FHA|USDA|VA) | 88 | $16,460,000 | $187,045 | $6,168 | 5.01% |
| MOBILE, AL (FHA|USDA|VA) | 111 | $15,955,000 | $143,739 | $5,898 | 5.21% |
| DOTHAN, AL (FHA|USDA|VA) | 103 | $15,855,000 | $153,932 | $5,230 | 5.07% |
| Chillicothe, OH (FHA|USDA|VA) | 109 | $14,465,000 | $132,706 | $6,170 | 5.28% |
| LAFAYETTE, LA (FHA|USDA|VA) | 59 | $11,545,000 | $195,678 | $5,500 | 4.98% |
| TOLEDO, OH (FHA|USDA|VA) | 64 | $9,960,000 | $155,625 | $8,386 | 5.29% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 43 | $8,985,000 | $208,953 | $6,959 | 5.04% |
| PUEBLO, CO (FHA|USDA|VA) | 59 | $8,605,000 | $145,847 | $6,152 | 5.35% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 36 | $8,150,000 | $226,389 | $7,131 | 4.72% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 32 | $8,020,000 | $250,625 | $8,670 | 5.11% |
| COLUMBUS, OH (FHA|USDA|VA) | 48 | $7,770,000 | $161,875 | $5,817 | 5.10% |
| DECATUR, AL (FHA|USDA|VA) | 48 | $6,600,000 | $137,500 | $5,934 | 4.99% |
| Ozark, AL (FHA|USDA|VA) | 40 | $5,720,000 | $143,000 | $4,996 | 4.89% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 39 | $5,495,000 | $140,897 | $5,308 | 4.94% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 32 | $5,260,000 | $164,375 | $6,684 | 5.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 36 | $4,970,000 | $138,056 | $5,110 | 5.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 35 | $4,895,000 | $139,857 | $5,623 | 5.04% |
| TYLER, TX (FHA|USDA|VA) | 26 | $4,530,000 | $174,231 | $5,857 | 5.11% |
| Jasper, AL (FHA|USDA|VA) | 31 | $4,305,000 | $138,871 | $6,448 | 5.07% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 26 | $4,300,000 | $165,385 | $5,311 | 5.33% |
| Williston, ND (FHA|USDA|VA) | 20 | $4,230,000 | $211,500 | $7,687 | 5.05% |
| Glenwood Springs, CO (FHA|USDA|VA) | 13 | $4,155,000 | $319,615 | $11,417 | 5.09% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 21 | $4,055,000 | $193,095 | $6,357 | 4.92% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 36 | $3,990,000 | $110,833 | $4,533 | 5.25% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 10 | $3,790,000 | $379,000 | $13,520 | 4.81% |
| Alexander City, AL (FHA|USDA|VA) | 14 | $3,440,000 | $245,714 | $5,154 | 4.95% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 14 | $3,300,000 | $235,714 | $4,802 | 5.30% |
| ST. GEORGE, UT (FHA|USDA|VA) | 16 | $3,120,000 | $195,000 | $7,056 | 5.36% |
| Jackson, OH (FHA|USDA|VA) | 28 | $3,090,000 | $110,357 | $6,144 | 5.30% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 9 | $2,575,000 | $286,111 | $5,842 | 5.13% |
| OCALA, FL (FHA|USDA|VA) | 18 | $2,550,000 | $141,667 | $5,603 | 5.18% |
| Albertville, AL (FHA|USDA|VA) | 16 | $2,520,000 | $157,500 | $5,955 | 5.23% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 13 | $2,445,000 | $188,077 | $5,452 | 5.00% |
| Cullman, AL (FHA|USDA|VA) | 17 | $2,375,000 | $139,706 | $6,348 | 4.82% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 12 | $2,290,000 | $190,833 | $5,886 | 4.89% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 14 | $2,190,000 | $156,429 | $5,085 | 5.03% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 7 | $2,125,000 | $303,571 | $9,020 | 5.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 15 | $2,085,000 | $139,000 | $5,717 | 4.29% |
| FARMINGTON, NM (FHA|USDA|VA) | 14 | $1,900,000 | $135,714 | $5,741 | 5.19% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 16 | $1,860,000 | $116,250 | $2,967 | 4.91% |
| CASPER, WY (FHA|USDA|VA) | 14 | $1,840,000 | $131,429 | $4,544 | 5.61% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 5 | $1,815,000 | $363,000 | $6,151 | 5.68% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 11 | $1,805,000 | $164,091 | $6,796 | 5.09% |
| VICTORIA, TX (FHA|USDA|VA) | 10 | $1,800,000 | $180,000 | $5,336 | 5.14% |
| Portsmouth, OH (FHA|USDA|VA) | 14 | $1,740,000 | $124,286 | $6,451 | 5.35% |
| Opelousas, LA (FHA|USDA|VA) | 10 | $1,700,000 | $170,000 | $6,327 | 4.95% |
| Enterprise, AL (FHA|USDA|VA) | 11 | $1,625,000 | $147,727 | $4,379 | 4.90% |
| Atmore, AL (FHA|USDA|VA) | 9 | $1,555,000 | $172,778 | $4,720 | 4.63% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 12 | $1,550,000 | $129,167 | $5,307 | 4.92% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $1,525,000 | $217,857 | $6,595 | 5.02% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 7 | $1,445,000 | $206,429 | $7,504 | 5.47% |
| AKRON, OH (FHA|USDA|VA) | 10 | $1,410,000 | $141,000 | $5,616 | 4.91% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 9 | $1,365,000 | $151,667 | $5,044 | 5.24% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $8,459 | 5.09% |
| Lake City, FL (FHA|USDA|VA) | 8 | $1,270,000 | $158,750 | $6,293 | 4.83% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $1,235,000 | $247,000 | $4,682 | 4.68% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 8 | $1,190,000 | $148,750 | $6,434 | 4.78% |
| Montrose, CO (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $6,277 | 5.03% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 7 | $1,165,000 | $166,429 | $6,091 | 4.73% |
| Columbus, MS (FHA|USDA|VA) | 9 | $1,155,000 | $128,333 | $6,283 | 5.07% |
| Fort Payne, AL (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $6,276 | 4.75% |
| Eufaula, AL-GA (FHA|USDA|VA) | 9 | $1,145,000 | $127,222 | $5,388 | 5.07% |
| Zanesville, OH (FHA|USDA|VA) | 7 | $1,145,000 | $163,571 | $4,772 | 5.11% |
| Scottsboro, AL (FHA|USDA|VA) | 9 | $1,145,000 | $127,222 | $6,444 | 5.11% |
| MONROE, MI (FHA|USDA|VA) | 7 | $1,135,000 | $162,143 | $7,856 | 5.23% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 6 | $1,110,000 | $185,000 | $7,617 | 4.98% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $6,061 | 5.19% |
| Edwards, CO (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $11,770 | 5.13% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $7,039 | 4.13% |
| Craig, CO (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $6,346 | 5.46% |
| Lewisburg, TN (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $5,923 | 4.81% |
| LONGVIEW, TX (FHA|USDA|VA) | 7 | $975,000 | $139,286 | $5,680 | 5.68% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $5,836 | 5.30% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 10 | $900,000 | $90,000 | $4,717 | 4.99% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 5 | $895,000 | $179,000 | $5,737 | 4.98% |
| LaGrange, GA-AL (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $5,861 | 6.33% |
| Washington Court House, OH (FHA|USDA|VA) | 7 | $815,000 | $116,429 | $5,730 | 5.14% |
| Athens, TX (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $4,703 | 5.25% |
| GADSDEN, AL (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $8,132 | 5.08% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $4,250 | 5.59% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $6,659 | 4.92% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,649 | 4.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $4,366 | 4.97% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $7,456 | 5.47% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $7,055 | 4.00% |
| Jacksonville, TX (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $4,561 | 5.38% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $6,716 | 5.06% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $4,833 | 5.38% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $6,876 | 4.94% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 5 | $635,000 | $127,000 | $6,199 | 5.03% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $7,465 | 4.92% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $7,297 | 5.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 5 | $595,000 | $119,000 | $4,220 | 5.03% |
| NAPA, CA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $23,815 | 4.50% |
| PANAMA CITY, FL (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $6,173 | 5.31% |
| Andrews, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,349 | 5.50% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $7,300 | 4.75% |
| Troy, AL (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $6,641 | 5.97% |
| Fremont, OH (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $10,091 | 5.42% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $7,784 | 4.69% |
| Sandusky, OH (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $7,643 | 5.09% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $20,517 | 4.38% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $9,020 | 5.58% |
| Adrian, MI (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $8,436 | 5.42% |
| Plainview, TX (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $4,941 | 5.13% |
| Selma, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $10,188 | 5.25% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $9,485 | 5.25% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $17,653 | 5.75% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $6,338 | 5.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $19,391 | 3.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $6,390 | 4.71% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $6,046 | 5.22% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $7,852 | 4.50% |
| Shelbyville, TN (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $6,915 | 4.79% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,646 | 3.75% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $5,508 | 5.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $9,153 | 5.00% |
| Cañon City, CO (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,895 | 5.38% |
| Kinston, NC (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $4,425 | 4.92% |
| Las Vegas, NM (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,769 | 5.38% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,470 | 4.38% |
| LOUISVILLE, KY (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,587 | 4.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $13,759 | 5.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,347 | 5.25% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,180 | 4.50% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $10,087 | 5.63% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,512 | 5.38% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,374 | 5.13% |
| Jasper, IN (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $2,722 | 5.63% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,825 | 4.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $15,259 | 4.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $5,258 | 5.06% |
| Mount Sterling, KY (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $5,865 | 5.19% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,233 | 4.88% |
| Bonham, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $15,649 | 5.50% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $5,771 | 5.38% |
| Athens, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,606 | 4.63% |
| Searcy, AR (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $10,684 | 5.63% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,691 | 4.50% |
| Sterling, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,790 | 5.75% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,657 | 5.38% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,669 | 4.25% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $6,246 | 5.44% |
| Port Lavaca, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,996 | 5.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,949 | 5.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,793 | 4.63% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,819 | 5.38% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,315 | 5.50% |
| Sanford, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $450 | 5.25% |
| Sonora, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,164 | 3.25% |
| Granbury, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,227 | 4.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,741 | 4.13% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,018 | 5.13% |
| Salem, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,688 | 5.25% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,507 | 4.63% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,960 | 4.25% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,095 | 4.38% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,030 | 5.50% |
| CHEYENNE, WY (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,648 | 4.88% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,754 | 5.13% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,868 | 4.75% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,873 | 5.25% |
| Forest City, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.00% |
| Kennett, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,791 | 5.75% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,711 | 5.13% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.50% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,182 | 5.25% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,990 | 4.25% |
| Urbana, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,152 | 5.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,853 | 5.50% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,239 | 5.88% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,197 | 3.88% |
| Seymour, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,472 | 5.50% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,057 | 4.88% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,935 | 5.13% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,516 | 4.00% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,422 | 5.63% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,671 | 4.63% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,057 | 5.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,313 | 4.75% |
| West Point, MS (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $2,979 | 5.38% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,671 | 5.25% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,450 | 5.63% |
| Marion, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,240 | 5.38% |
| Forrest City, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,613 | 5.50% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,549 | 5.25% |
| LIMA, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,590 | 4.38% |
| Paris, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,062 | 5.38% |
| Findlay, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,326 | 6.00% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,036 | 4.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,828 | 5.63% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,327 | 5.63% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,535 | 5.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against Hometown Lenders 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
For 2018, Hometown Lenders's most frequently originated type of loan was FHA, with 1,445 originations. Their 2nd most popular type was Conventional, with 1,015 originations.
Loan Reason
For 2018, Hometown Lenders's most frequently cited loan purpose was Home Purchase, with 2,291 originations. The 2nd most popular reason was Home Improvement, with 529 originations.
Loan Duration/Length
For 2018, Hometown Lenders's most frequently cited loan duration was 30 Year, with 2,801 originations. The 2nd most popular length was 15 Year, with 100 originations.
Origination Fees/Closing Costs
Hometown Lenders's average total fees were $6,299, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 935 originations.
Interest Rates
During 2018, Hometown Lenders's average interest rate for loans was 5.10%, while their most frequently originated rate bucket for loans was 5-6%, with 1,450 originations.
Loan Sizing
2018 saw Hometown Lenders place emphasis on $100k-200k loans with 1,624 originations, totaling $239,090,000 in origination value.
Applicant Income
Hometown Lenders lent most frequently to those with incomes in the $50k or less range, with 1,157 originations. The second most popular income band? $50k-75k, with 912 originations.
Applicant Debt to Income Ratio
Hometown Lenders lent most frequently to those with DTI ratios of 20-30%, with 457 originations. The next most common DTI ratio? 30-36%, with 451 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.68%
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 origination76.18%
Hometown Lenders has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,002 | $507,780,000 | $169,147 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 2 | $400,000 | $200,000 |
| Single Family (1-4 Units):Site-Built | 3,000 | $507,380,000 | $169,127 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| HUNTINGTON NATIONAL BANK, THE | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.4% |
| HUNTINGTON NATIONAL BANK, THE | Conventional home mortgage | Closing on a mortgage | 2 | 4.9% |
| HUNTINGTON NATIONAL BANK, THE | Conventional home mortgage | Struggling to pay mortgage | 4 | 9.8% |
| HUNTINGTON NATIONAL BANK, THE | Conventional home mortgage | Trouble during payment process | 13 | 31.7% |
| HUNTINGTON NATIONAL BANK, THE | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.4% |
| HUNTINGTON NATIONAL BANK, THE | FHA mortgage | Trouble during payment process | 3 | 7.3% |
| HUNTINGTON NATIONAL BANK, THE | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 2 | 4.9% |
| HUNTINGTON NATIONAL BANK, THE | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 2.4% |
| HUNTINGTON NATIONAL BANK, THE | Home equity loan or line of credit (HELOC) | Trouble during payment process | 5 | 12.2% |
| HUNTINGTON NATIONAL BANK, THE | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.4% |
| HUNTINGTON NATIONAL BANK, THE | Other type of mortgage | Trouble during payment process | 7 | 17.1% |
| HUNTINGTON NATIONAL BANK, THE | VA mortgage | Closing on a mortgage | 1 | 2.4% |