Lendsure Mortgage Corp. Rates, Fees & Info

CAMDEN, DE

LEI: 549300UR5AOWTJJ7KZ64

Tax ID: 47-3566124

1 stars - out of 5 stars, based on 34 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Lendsure Mortgage Corp. is a smaller mortgage company specializing in Home Purchase loans. Lendsure Mortgage Corp. has a high proportion of conventional loans. Their top markets include San Diego, Los Angeles, Orlando, Anaheim, and Houston 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. Lendsure Mortgage Corp. is typically a high fee lendor.


Originations

1,153

Origination Dollar Volume (All Markets)

$542,025,000

Relative Rate

Lendsure Mortgage Corp.'s average 30 year fixed rate mortgage of loans were 6.04%.

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

This yields a difference of 2.68%.

Relative Fees

Lendsure Mortgage Corp.'s average total fees for a 30 year fixed rate mortgage are $15,574.

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
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 57 $43,035,000 $755,000 $22,221 5.76%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 44 $42,880,000 $974,545 $31,727 5.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 95 $28,575,000 $300,789 $17,347 5.69%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 23 $23,745,000 $1,032,391 $20,964 6.05%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 55 $22,215,000 $403,909 $17,775 5.85%
Outside of Metro Areas 41 $21,905,000 $534,268 $13,644 5.96%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 18 $20,530,000 $1,140,556 $37,901 5.82%
SAN RAFAEL, CA (FHA|USDA|VA) 13 $15,685,000 $1,206,538 $32,313 4.95%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 32 $15,280,000 $477,500 $14,781 6.07%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $14,010,000 $467,000 $18,917 6.22%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 38 $12,830,000 $337,632 $17,276 6.11%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 33 $12,325,000 $373,485 $15,636 5.85%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 47 $11,285,000 $240,106 $11,269 6.66%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 24 $10,180,000 $424,167 $16,500 6.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 23 $8,955,000 $389,348 $13,688 6.11%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 18 $8,850,000 $491,667 $17,555 5.91%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 14 $8,300,000 $592,857 $18,410 6.14%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 21 $8,195,000 $390,238 $17,613 5.66%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $6,755,000 $450,333 $15,609 6.24%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 13 $6,525,000 $501,923 $15,919 5.61%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 14 $6,370,000 $455,000 $12,031 6.18%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 13 $6,165,000 $474,231 $15,875 5.95%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 12 $6,020,000 $501,667 $21,500 5.97%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $5,980,000 $299,000 $13,344 6.04%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 15 $5,415,000 $361,000 $13,813 6.03%
BOULDER, CO (FHA|USDA|VA) 4 $5,060,000 $1,265,000 $14,643 5.56%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 4 $5,000,000 $1,250,000 $0 5.97%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 10 $4,840,000 $484,000 $17,810 5.94%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 17 $4,795,000 $282,059 $10,924 6.14%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $4,780,000 $796,667 $29,656 5.67%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 22 $4,650,000 $211,364 $11,327 5.99%
BOSTON, MA (FHA|USDA|VA) 12 $4,520,000 $376,667 $10,754 6.20%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $4,280,000 $713,333 $20,871 5.81%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 6 $4,230,000 $705,000 $21,037 5.29%
BOISE CITY, ID (FHA|USDA|VA) 8 $4,020,000 $502,500 $21,787 6.06%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 10 $4,020,000 $402,000 $11,655 6.31%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,960,000 $495,000 $17,160 5.89%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 11 $3,635,000 $330,455 $9,832 6.34%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $3,615,000 $401,667 $19,327 5.92%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $3,430,000 $571,667 $20,965 5.35%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $3,320,000 $830,000 $22,230 5.59%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 9 $3,255,000 $361,667 $16,474 6.10%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 7 $3,005,000 $429,286 $14,669 6.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $2,920,000 $365,000 $18,797 5.87%
WORCESTER, MA-CT (FHA|USDA|VA) 7 $2,845,000 $406,429 $19,971 6.43%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $2,540,000 $635,000 $51,241 5.78%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $2,535,000 $362,143 $15,451 5.91%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 4 $2,520,000 $630,000 $17,950 6.19%
SALINAS, CA (FHA|USDA|VA) 3 $2,265,000 $755,000 $18,987 6.13%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $2,120,000 $530,000 $20,355 6.34%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $2,110,000 $351,667 $14,188 6.64%
MODESTO, CA (FHA|USDA|VA) 4 $2,070,000 $517,500 $18,089 6.25%
GARY, IN (FHA|USDA|VA) 4 $1,970,000 $492,500 $13,002 6.15%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 6 $1,930,000 $321,667 $14,811 6.23%
WILMINGTON, NC (FHA|USDA|VA) 3 $1,885,000 $628,333 $21,751 5.96%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 4 $1,870,000 $467,500 $14,818 6.44%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,845,000 $263,571 $10,031 6.14%
SALT LAKE CITY, UT (FHA|USDA|VA) 4 $1,840,000 $460,000 $15,190 5.97%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,825,000 $365,000 $11,916 6.15%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $1,825,000 $608,333 $20,265 6.13%
SALEM, OR (FHA|USDA|VA) 5 $1,815,000 $363,000 $13,130 5.70%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $1,690,000 $422,500 $20,540 6.12%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $1,670,000 $278,333 $11,686 6.33%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,650,000 $275,000 $11,671 6.08%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,625,000 $541,667 $15,910 5.91%
COEUR D'ALENE, ID (FHA|USDA|VA) 4 $1,600,000 $400,000 $13,364 7.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $1,560,000 $780,000 $28,373 4.87%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,475,000 $491,667 $19,825 6.17%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $1,400,000 $700,000 $28,077 5.69%
ELGIN, IL (FHA|USDA|VA) 8 $1,340,000 $167,500 $7,824 7.37%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $1,295,000 $431,667 $14,742 6.00%
ROME, GA (FHA|USDA|VA) 2 $1,290,000 $645,000 $23,752 7.12%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,290,000 $215,000 $10,778 6.35%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $1,230,000 $615,000 $0 6.13%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,230,000 $307,500 $19,782 7.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,150,000 $287,500 $9,542 5.31%
CAMDEN, NJ (FHA|USDA|VA) 4 $1,140,000 $285,000 $10,151 6.59%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,130,000 $282,500 $11,680 5.91%
NEWARK, NJ-PA (FHA|USDA|VA) 3 $1,125,000 $375,000 $14,028 6.91%
FORT COLLINS, CO (FHA|USDA|VA) 2 $1,010,000 $505,000 $12,150 6.06%
STOCKTON, CA (FHA|USDA|VA) 5 $985,000 $197,000 $11,208 5.80%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $980,000 $490,000 $18,082 6.75%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3 $975,000 $325,000 $10,129 6.54%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $965,000 $965,000 $16,223 7.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $955,000 $318,333 $12,834 5.87%
GREELEY, CO (FHA|USDA|VA) 2 $940,000 $470,000 $17,688 6.31%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $885,000 $885,000 $27,231 6.99%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 2 $880,000 $440,000 $16,230 6.06%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $845,000 $169,000 $11,028 5.65%
BEND, OR (FHA|USDA|VA) 1 $785,000 $785,000 $16,987 6.63%
COLUMBUS, OH (FHA|USDA|VA) 4 $770,000 $192,500 $8,123 6.09%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $770,000 $385,000 $0 5.12%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $690,000 $172,500 $8,253 6.53%
PHILADELPHIA, PA (FHA|USDA|VA) 5 $655,000 $131,000 $6,190 6.68%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $645,000 $645,000 $0 7.13%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $620,000 $310,000 $15,571 7.06%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $605,000 $605,000 $20,285 5.25%
MADISON, WI (FHA|USDA|VA) 2 $570,000 $285,000 $7,352 6.31%
MEDFORD, OR (FHA|USDA|VA) 2 $570,000 $285,000 $10,453 6.13%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $565,000 $565,000 $19,340 6.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $565,000 $565,000 $14,656 6.00%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $555,000 $185,000 $9,049 6.67%
YUBA CITY, CA (FHA|USDA|VA) 1 $545,000 $545,000 $13,394 6.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $535,000 $535,000 $12,893 6.99%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 2 $530,000 $265,000 $0 6.18%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $525,000 $525,000 $18,766 6.50%
MOBILE, AL (FHA|USDA|VA) 2 $510,000 $255,000 $7,929 6.75%
TUCSON, AZ (FHA|USDA|VA) 2 $490,000 $245,000 $10,914 6.50%
STAUNTON, VA (FHA|USDA|VA) 1 $485,000 $485,000 $16,533 4.99%
FRESNO, CA (FHA|USDA|VA) 2 $440,000 $220,000 $0 5.37%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $435,000 $435,000 $12,827 5.50%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $430,000 $215,000 $8,295 6.44%
ANN ARBOR, MI (FHA|USDA|VA) 1 $425,000 $425,000 $10,436 6.75%
PROVO-OREM, UT (FHA|USDA|VA) 1 $425,000 $425,000 $13,231 6.49%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $415,000 $415,000 $16,250 5.13%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $385,000 $385,000 $11,321 4.99%
SANTA FE, NM (FHA|USDA|VA) 1 $375,000 $375,000 $11,028 5.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $365,000 $365,000 $9,964 5.99%
ODESSA, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $355,000 $355,000 $11,624 6.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $345,000 $345,000 $8,590 6.88%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.00%
MERCED, CA (FHA|USDA|VA) 1 $315,000 $315,000 $10,256 7.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $305,000 $305,000 $11,178 5.25%
MIDLAND, TX (FHA|USDA|VA) 1 $305,000 $305,000 $16,158 7.38%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $305,000 $305,000 $13,404 7.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $305,000 $305,000 $10,854 5.75%
GAINESVILLE, GA (FHA|USDA|VA) 1 $295,000 $295,000 $10,194 5.25%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 1 $275,000 $275,000 $8,254 5.88%
HARRISONBURG, VA (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.88%
PITTSBURGH, PA (FHA|USDA|VA) 1 $255,000 $255,000 $7,788 5.75%
THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.38%
OCALA, FL (FHA|USDA|VA) 2 $250,000 $125,000 $8,787 5.63%
GAINESVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $11,032 5.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.13%
REDDING, CA (FHA|USDA|VA) 1 $215,000 $215,000 $8,759 6.63%
ST. GEORGE, UT (FHA|USDA|VA) 1 $205,000 $205,000 $5,176 4.99%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $10,499 7.63%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $7,199 6.99%
RICHMOND, VA (FHA|USDA|VA) 1 $185,000 $185,000 $5,484 5.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $185,000 $185,000 $6,680 5.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $185,000 $185,000 $9,239 6.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $165,000 $165,000 $7,344 5.99%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.75%
VISALIA, CA (FHA|USDA|VA) 1 $165,000 $165,000 $7,352 8.99%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $165,000 $165,000 $9,462 7.63%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $155,000 $155,000 $4,349 7.25%
LAS CRUCES, NM (FHA|USDA|VA) 1 $155,000 $155,000 $8,390 6.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $135,000 $135,000 $5,116 7.62%
TYLER, TX (FHA|USDA|VA) 1 $125,000 $125,000 $6,875 6.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.63%

Lendsure Mortgage Corp.'s top markets include San Diego, Los Angeles, Orlando, Anaheim, and Houston among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,153 $542,025,000 $470,100 $16,906 6.02%

For the 2020 period, Lendsure Mortgage Corp.'s most frequently originated loan type of loans were Conventional, with 1,153 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 877 $405,305,000 $462,149 $16,751 6.00%
Home Improvement 89 $29,475,000 $331,180 $0 6.15%
Other 69 $43,505,000 $630,507 $17,614 5.93%
Refi 65 $35,185,000 $541,308 $21,024 5.92%
Cash Out Refi 53 $28,555,000 $538,774 $15,081 6.26%

For the 2020, Lendsure Mortgage Corp.'s most frequently cited loan purpose of loans were Home Purchase, with 877 originations. The 2nd most popular reason of loans were Home Improvement, with 89 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,025 $436,495,000 $425,849 $15,574 6.04%
30+ year 125 $103,865,000 $830,920 $31,907 5.80%
1 Year 3 $1,665,000 $555,000 $14,316 7.00%

For the 2020, Lendsure Mortgage Corp.'s most frequently cited loan length of loans were 30 Year, with 1,025 originations. The 2nd most popular length of loans were 30+ year, with 125 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 653 $385,035,000 $589,640
$3k-4k 60 $11,080,000 $184,667
$1k-2k 5 $5,765,000 $1,153,000
$2k-3k 4 $430,000 $107,500

$15,574 of loans were Lendsure Mortgage Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 653 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
5-6% 473 $231,675,000 $489,799
6-7% 401 $173,555,000 $432,805
4-5% 151 $94,265,000 $624,272
7-8% 115 $35,195,000 $306,043
3-4% 7 $5,675,000 $810,714
Over 8% 6 $1,660,000 $276,667

During 2020, Lendsure Mortgage Corp.'s average interest rate of loans were 6.04%, while their most frequently originated rate bucket of loans were 5-6%, with 473 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 444 $128,560,000 $289,550 $11,644 6.05%
$100k-200k 246 $38,530,000 $156,626 $8,200 6.29%
$400k-600k 182 $88,650,000 $487,088 $15,023 6.01%
$600k-1MM 160 $124,760,000 $779,750 $22,203 5.83%
$1MM+ 110 $160,580,000 $1,459,818 $35,604 5.51%
$100,000 or less 11 $945,000 $85,909 $5,653 6.75%

2020 saw Lendsure Mortgage Corp. place emphasis on $200k-400k loans with 444 originations, totaling $128,560,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 298 $250,540,000 $840,738 $24,711 5.85%
$50k or less 250 $69,880,000 $279,520 $7,608 6.19%
$150k-250k 213 $103,715,000 $486,925 $16,703 5.98%
$100k-150k 181 $64,285,000 $355,166 $13,019 6.01%
$75k-100k 112 $30,700,000 $274,107 $11,400 6.06%
$50k-75k 98 $20,740,000 $211,633 $9,148 6.16%

Lendsure Mortgage Corp. lent most frequently to those with incomes in the $250k+ range, with 298 originations. The second most popular income band? $50k or less, with 250 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 176 $93,080,000 $528,864 $17,804 5.94%
30-36% 172 $83,010,000 $482,616 $16,312 6.04%
<20% 131 $48,565,000 $370,725 $14,636 5.95%
39% 44 $22,960,000 $521,818 $17,139 6.02%
44% 40 $20,290,000 $507,250 $14,023 6.05%
38% 38 $22,560,000 $593,684 $20,132 6.06%
49% 37 $20,145,000 $544,459 $16,985 5.87%
43% 35 $20,065,000 $573,286 $20,430 5.94%
45% 32 $17,790,000 $555,938 $17,419 6.07%
42% 31 $17,935,000 $578,548 $19,641 5.77%
40% 31 $15,325,000 $494,355 $14,956 6.17%
41% 31 $15,065,000 $485,968 $15,810 6.05%
37% 30 $15,100,000 $503,333 $14,553 6.35%
48% 29 $18,905,000 $651,897 $18,360 5.88%
47% 25 $13,345,000 $533,800 $17,969 5.83%
36% 21 $10,005,000 $476,429 $13,332 6.00%
46% 17 $15,005,000 $882,647 $21,694 5.65%
50-60% 2 $880,000 $440,000 $14,499 5.75%
>60% 1 $155,000 $155,000 $9,620 6.50%

Lendsure Mortgage Corp. lent most frequently to those with DTI ratios of 20-30%, with 176 originations. The next most common DTI ratio? 30-36%, with 172 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 766 $369,280,000 $482,089 $17,144 6.08%
Not provided 162 $79,740,000 $492,222 $16,722 5.96%
Asian 147 $65,465,000 $445,340 $17,283 5.65%
Black 69 $24,485,000 $354,855 $14,406 6.25%
American Indian 5 $1,755,000 $351,000 $8,981 6.05%
Native Hawaiian 4 $1,300,000 $325,000 $20,420 6.31%

Approval Rates

Total approvals of all applications
90.09%

Lendsure Mortgage Corp. has an average approval rate.

Pick Rate

Approvals leading to origination
63.41%

Lendsure 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 1,153 $542,025,000 $470,100

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Site-Built 1,153 $542,025,000 $470,100

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 23 $9,695,000 $421,522 $16,886 5.66%
40-60% 132 $64,610,000 $489,470 $15,668 5.77%
60-80% 713 $323,815,000 $454,158 $17,216 6.04%
80-100% 282 $140,700,000 $498,936 $16,551 6.13%
Under 20% 3 $3,205,000 $1,068,333 $34,139 5.08%