Lendsure Mortgage Corp. Rates, Fees & Info

CAMDEN, DE

LEI: 549300UR5AOWTJJ7KZ64

Tax ID: 47-3566124

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Mortgage Data

Review & 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 by origination volume include: Los Angeles, San Diego, San Francisco, Miami, and Orlando among others. We have data for 153 markets. (Some data included below & more in-depth data is available with an active subscription.)

Lendsure Mortgage 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. Lendsure Mortgage 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 relatively high 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 8.28% 12/16/24
30 Year Conventional Refi 7.66% 12/16/24
30 Year Cash-out Refi 8.24% 12/16/24
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.

Lendsure Mortgage Corp. Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Lendsure 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

1,153

Origination Dollar Volume (All Markets)

$542,025,000

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) 67 $66,625,000 $994,403 $27,182 5.85%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 57 $43,035,000 $755,000 $22,221 5.76%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 37 $40,445,000 $1,093,108 $32,520 5.43%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 92 $33,350,000 $362,500 $16,648 5.91%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 95 $28,575,000 $300,789 $17,347 5.69%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 55 $22,215,000 $403,909 $17,775 5.85%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 69 $18,615,000 $269,783 $11,002 6.66%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 31 $17,335,000 $559,194 $15,741 6.14%
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%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 27 $10,675,000 $395,370 $12,230 6.26%
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%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 21 $7,345,000 $349,762 $14,035 6.09%
Heber, UT (FHA|USDA|VA) 7 $6,785,000 $969,286 $15,564 5.91%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $6,755,000 $450,333 $15,609 6.24%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 13 $6,525,000 $501,923 $15,919 5.61%
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%
Outside of Metro Areas 12 $5,210,000 $434,167 $13,648 5.90%
BOULDER, CO (FHA|USDA|VA) 4 $5,060,000 $1,265,000 $14,643 5.56%
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%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $4,280,000 $713,333 $20,871 5.81%
BOISE CITY, ID (FHA|USDA|VA) 8 $4,020,000 $502,500 $21,787 6.06%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 14 $3,990,000 $285,000 $11,225 6.54%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,960,000 $495,000 $17,160 5.89%
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%
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%
WILMINGTON, NC (FHA|USDA|VA) 3 $1,885,000 $628,333 $21,751 5.96%
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%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $1,825,000 $608,333 $20,265 6.13%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,825,000 $365,000 $11,916 6.15%
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%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $1,560,000 $780,000 $28,373 4.87%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $1,550,000 $775,000 $20,416 5.62%
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%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $1,295,000 $431,667 $14,742 6.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,290,000 $215,000 $10,778 6.35%
ROME, GA (FHA|USDA|VA) 2 $1,290,000 $645,000 $23,752 7.12%
Whitewater, WI (FHA|USDA|VA) 1 $1,265,000 $1,265,000 $16,930 5.00%
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%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $1,155,000 $385,000 $13,572 6.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,150,000 $287,500 $9,542 5.31%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,130,000 $282,500 $11,680 5.91%
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%
Newport, OR (FHA|USDA|VA) 1 $855,000 $855,000 $0 5.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $845,000 $169,000 $11,028 5.65%
Outside of Metro Areas 2 $800,000 $400,000 $13,364 7.25%
BEND, OR (FHA|USDA|VA) 1 $785,000 $785,000 $16,987 6.63%
Key West, FL (FHA|USDA|VA) 1 $775,000 $775,000 $32,047 5.50%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $770,000 $385,000 $0 5.12%
COLUMBUS, OH (FHA|USDA|VA) 4 $770,000 $192,500 $8,123 6.09%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $690,000 $172,500 $8,253 6.53%
Sandpoint, ID (FHA|USDA|VA) 2 $680,000 $340,000 $13,914 5.38%
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%
Durango, CO (FHA|USDA|VA) 1 $605,000 $605,000 $0 6.38%
MEDFORD, OR (FHA|USDA|VA) 2 $570,000 $285,000 $10,453 6.13%
MADISON, WI (FHA|USDA|VA) 2 $570,000 $285,000 $7,352 6.31%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $565,000 $565,000 $14,656 6.00%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $565,000 $565,000 $19,340 6.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $555,000 $185,000 $9,049 6.67%
Cornelia, GA (FHA|USDA|VA) 1 $555,000 $555,000 $11,745 6.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $545,000 $545,000 $13,394 6.75%
Vineyard Haven, MA (FHA|USDA|VA) 1 $535,000 $535,000 $16,570 6.13%
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%
Prineville, OR (FHA|USDA|VA) 1 $495,000 $495,000 $0 5.99%
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, KY (FHA|USDA|VA) 2 $430,000 $215,000 $8,295 6.44%
PROVO-OREM, UT (FHA|USDA|VA) 1 $425,000 $425,000 $13,231 6.49%
ANN ARBOR, MI (FHA|USDA|VA) 1 $425,000 $425,000 $10,436 6.75%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $415,000 $415,000 $16,250 5.13%
Sonora, CA (FHA|USDA|VA) 1 $385,000 $385,000 $12,757 5.99%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $385,000 $385,000 $11,321 4.99%
Pahrump, NV (FHA|USDA|VA) 2 $380,000 $190,000 $8,037 6.56%
SANTA FE, NM (FHA|USDA|VA) 1 $375,000 $375,000 $11,028 5.25%
Red Bluff, CA (FHA|USDA|VA) 1 $375,000 $375,000 $11,603 6.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $365,000 $365,000 $9,964 5.99%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $355,000 $355,000 $11,624 6.50%
ODESSA, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $345,000 $345,000 $8,590 6.88%
MERCED, CA (FHA|USDA|VA) 1 $315,000 $315,000 $10,256 7.25%
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%
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%
GAINESVILLE, GA (FHA|USDA|VA) 1 $295,000 $295,000 $10,194 5.25%
Durant, OK (FHA|USDA|VA) 1 $285,000 $285,000 $6,802 5.62%
Centralia, WA (FHA|USDA|VA) 1 $275,000 $275,000 $11,200 8.00%
HARRISONBURG, VA (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.88%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $265,000 $265,000 $10,985 6.00%
THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.38%
PITTSBURGH, PA (FHA|USDA|VA) 1 $255,000 $255,000 $7,788 5.75%
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%
Crossville, TN (FHA|USDA|VA) 1 $215,000 $215,000 $7,510 7.25%
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%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $185,000 $185,000 $6,680 5.75%
Ellensburg, WA (FHA|USDA|VA) 1 $185,000 $185,000 $7,890 6.25%
LONGVIEW, TX (FHA|USDA|VA) 1 $185,000 $185,000 $9,239 6.00%
RICHMOND, VA (FHA|USDA|VA) 1 $185,000 $185,000 $5,484 5.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $165,000 $165,000 $7,344 5.99%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $165,000 $165,000 $9,462 7.63%
VISALIA, CA (FHA|USDA|VA) 1 $165,000 $165,000 $7,352 8.99%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.75%
LAS CRUCES, NM (FHA|USDA|VA) 1 $155,000 $155,000 $8,390 6.75%
Granbury, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $155,000 $155,000 $4,349 7.25%
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%
Paris, TN (FHA|USDA|VA) 1 $75,000 $75,000 $5,429 5.25%
Lendsure Mortgage Corp.'s top markets include Los Angeles, San Diego, San Francisco, Miami, and Orlando among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
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    Product Mix

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

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

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2020, Lendsure Mortgage Corp.'s most frequently cited loan purpose was Home Purchase, with 877 originations. The 2nd most popular reason was 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 2020, Lendsure Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 1,025 originations. The 2nd most popular length was 30+ year, with 125 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 653 $385,035,000 $589,640
    $4k-5k 38 $7,970,000 $209,737
    $3k-4k 22 $3,110,000 $141,364
    $1k-2k 5 $5,765,000 $1,153,000
    $2k-3k 4 $430,000 $107,500

    Lendsure Mortgage Corp.'s average total fees were $15,574, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 6.04%, while their most frequently originated rate bucket for loans was 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 or Islander 4 $1,300,000 $325,000 $20,420 6.31%

    Approval Rates

    Total approvals of all applications
    88.64%

    Lendsure Mortgage Corp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    47.44%

    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%