Success Mortgage Partners Rates, Fees & Info

PLYMOUTH, MI

LEI: 549300VMX06UV1F7NS76

Tax ID: 01-0759540

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Mortgage Data

Review & Overview

Success Mortgage Partners is a smaller mortgage company specializing in Home Purchase loans. Success Mortgage Partners has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Atlanta, Detroit, Chicago, Orlando, and Columbia among others. We have data for 160 markets. (Some data included below & more in-depth data is available with an active subscription.)

Success Mortgage Partners 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. Success Mortgage Partners 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.

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 6.91% 11/17/24
30 Year Conventional Refi 6.74% 11/17/24
30 Year Cash-out Refi 6.92% 11/17/24
30 Year FHA Purchase 7.64% 11/17/24
30 Year FHA Refi 7.40% 11/17/24
30 Year VA Purchase 6.49% 11/17/24
30 Year VA Refi 6.35% 11/17/24
30 Year USDA Purchase 7.10% 11/17/24
30 Year USDA Refi 6.89% 11/17/24
15 Year Conventional Purchase 6.14% 11/17/24
15 Year Conventional Refi 6.10% 11/17/24
15 Year Cash-out Refi 6.10% 11/17/24
15 Year FHA Purchase 5.68% 11/17/24
15 Year FHA Refi 7.11% 11/17/24
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.

Success Mortgage Partners Mortgage Calculator






Your Estimates

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

This is not an official calculator from Success Mortgage Partners. 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

4,008

Origination Dollar Volume (All Markets)

$750,660,000

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 539 $128,785,000 $238,933 $6,189 4.80%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 498 $89,680,000 $180,080 $4,631 4.95%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 215 $45,815,000 $213,093 $5,806 5.03%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 186 $42,350,000 $227,688 $6,668 4.96%
COLUMBIA, SC (FHA|USDA|VA) 209 $36,635,000 $175,287 $4,391 4.81%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 198 $32,270,000 $162,980 $5,221 5.09%
Outside of Metro Areas 197 $30,505,000 $154,848 $5,664 5.14%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 204 $29,780,000 $145,980 $6,023 5.20%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 97 $23,295,000 $240,155 $6,005 4.97%
KANSAS CITY, MO-KS (FHA|USDA|VA) 124 $22,860,000 $184,355 $4,648 4.85%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 99 $19,835,000 $200,354 $6,266 4.74%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 85 $18,535,000 $218,059 $5,901 4.91%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 110 $17,870,000 $162,455 $5,805 5.09%
OCALA, FL (FHA|USDA|VA) 115 $16,835,000 $146,391 $5,671 5.12%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 92 $15,820,000 $171,957 $5,669 4.97%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 80 $12,180,000 $152,250 $5,564 4.95%
FLINT, MI (FHA|USDA|VA) 67 $10,855,000 $162,015 $6,130 5.10%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 42 $8,930,000 $212,619 $5,594 4.72%
PORT ST. LUCIE, FL (FHA|USDA|VA) 35 $8,135,000 $232,429 $6,497 5.00%
EL PASO, TX (FHA|USDA|VA) 45 $7,695,000 $171,000 $6,106 4.98%
CORPUS CHRISTI, TX (FHA|USDA|VA) 32 $6,960,000 $217,500 $5,147 4.92%
BATTLE CREEK, MI (FHA|USDA|VA) 49 $6,815,000 $139,082 $6,160 5.07%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 31 $6,465,000 $208,548 $7,546 5.01%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 31 $6,185,000 $199,516 $7,223 5.37%
GAINESVILLE, GA (FHA|USDA|VA) 19 $4,985,000 $262,368 $7,228 4.77%
LOUISVILLE, KY (FHA|USDA|VA) 34 $4,900,000 $144,118 $5,191 5.08%
Holland, MI (FHA|USDA|VA) 33 $4,635,000 $140,455 $6,134 5.23%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 31 $4,075,000 $131,452 $4,474 5.23%
JACKSONVILLE, FL (FHA|USDA|VA) 14 $3,990,000 $285,000 $6,954 4.90%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 17 $3,725,000 $219,118 $5,313 5.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 22 $3,650,000 $165,909 $4,013 5.02%
Key West, FL (FHA|USDA|VA) 8 $3,360,000 $420,000 $6,250 5.02%
ANN ARBOR, MI (FHA|USDA|VA) 16 $3,290,000 $205,625 $4,159 5.04%
MUSKEGON, MI (FHA|USDA|VA) 26 $3,060,000 $117,692 $5,366 5.18%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 16 $2,900,000 $181,250 $4,731 5.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 17 $2,505,000 $147,353 $5,353 5.18%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 10 $2,490,000 $249,000 $9,405 4.82%
Brevard, NC (FHA|USDA|VA) 14 $2,130,000 $152,143 $5,220 5.03%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $2,105,000 $233,889 $7,169 4.97%
Jefferson, GA (FHA|USDA|VA) 10 $2,030,000 $203,000 $4,850 4.38%
ASHEVILLE, NC (FHA|USDA|VA) 10 $2,000,000 $200,000 $4,440 4.86%
MONROE, MI (FHA|USDA|VA) 12 $1,930,000 $160,833 $4,302 5.05%
Sturgis, MI (FHA|USDA|VA) 12 $1,780,000 $148,333 $6,118 5.05%
NILES, MI (FHA|USDA|VA) 9 $1,485,000 $165,000 $5,754 5.06%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 10 $1,390,000 $139,000 $4,956 4.90%
Hays, KS (FHA|USDA|VA) 8 $1,280,000 $160,000 $4,714 5.09%
Cornelia, GA (FHA|USDA|VA) 8 $1,180,000 $147,500 $6,500 5.09%
Newberry, SC (FHA|USDA|VA) 7 $1,155,000 $165,000 $5,497 5.16%
Scottsburg, IN (FHA|USDA|VA) 10 $1,100,000 $110,000 $6,056 5.23%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,005,000 $201,000 $4,850 5.05%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $1,000,000 $250,000 $6,441 5.16%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $995,000 $199,000 $3,778 5.14%
JACKSON, MI (FHA|USDA|VA) 7 $985,000 $140,714 $4,655 4.95%
Athens, TX (FHA|USDA|VA) 7 $955,000 $136,429 $8,398 5.44%
SUMTER, SC (FHA|USDA|VA) 6 $930,000 $155,000 $1,649 4.58%
Big Rapids, MI (FHA|USDA|VA) 7 $925,000 $132,143 $5,327 4.98%
THE VILLAGES, FL (FHA|USDA|VA) 4 $900,000 $225,000 $9,180 5.16%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $890,000 $445,000 $4,195 4.19%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $870,000 $217,500 $6,169 5.13%
Albertville, AL (FHA|USDA|VA) 8 $820,000 $102,500 $4,880 5.33%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $780,000 $130,000 $5,399 5.10%
Oxford, MS (FHA|USDA|VA) 4 $730,000 $182,500 $6,749 4.91%
Seymour, IN (FHA|USDA|VA) 7 $695,000 $99,286 $5,057 5.18%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $650,000 $325,000 $4,382 5.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $635,000 $127,000 $5,661 4.94%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $615,000 $123,000 $6,490 4.90%
GAINESVILLE, FL (FHA|USDA|VA) 5 $605,000 $121,000 $5,233 5.38%
SPARTANBURG, SC (FHA|USDA|VA) 2 $570,000 $285,000 $5,870 5.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $565,000 $188,333 $5,730 4.79%
Traverse City, MI (FHA|USDA|VA) 4 $560,000 $140,000 $7,727 4.73%
FLORENCE, SC (FHA|USDA|VA) 2 $550,000 $275,000 $5,782 4.75%
SAVANNAH, GA (FHA|USDA|VA) 2 $520,000 $260,000 $11,101 4.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $490,000 $245,000 $5,634 5.25%
Adrian, MI (FHA|USDA|VA) 4 $480,000 $120,000 $5,595 4.91%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $460,000 $230,000 $3,841 4.63%
KNOXVILLE, TN (FHA|USDA|VA) 2 $450,000 $225,000 $6,885 5.19%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $450,000 $225,000 $10,003 4.88%
Madison, IN (FHA|USDA|VA) 4 $450,000 $112,500 $6,129 5.31%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $440,000 $110,000 $4,576 5.06%
MIDLAND, MI (FHA|USDA|VA) 3 $435,000 $145,000 $3,151 5.25%
Seneca, SC (FHA|USDA|VA) 2 $420,000 $210,000 $6,925 4.81%
Calhoun, GA (FHA|USDA|VA) 3 $415,000 $138,333 $3,680 4.63%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $410,000 $205,000 $7,924 5.25%
Greeneville, TN (FHA|USDA|VA) 4 $410,000 $102,500 $3,885 4.94%
WILMINGTON, NC (FHA|USDA|VA) 2 $410,000 $205,000 $6,599 4.94%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $400,000 $200,000 $2,805 5.19%
Ottawa, IL (FHA|USDA|VA) 3 $385,000 $128,333 $4,287 5.04%
Shelby, NC (FHA|USDA|VA) 3 $385,000 $128,333 $4,260 4.92%
LAWRENCE, KS (FHA|USDA|VA) 2 $380,000 $190,000 $5,582 5.38%
ROME, GA (FHA|USDA|VA) 2 $360,000 $180,000 $5,799 4.75%
GREEN BAY, WI (FHA|USDA|VA) 2 $350,000 $175,000 $2,561 4.81%
Coldwater, MI (FHA|USDA|VA) 3 $345,000 $115,000 $7,134 5.58%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $340,000 $170,000 $3,819 4.94%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $330,000 $165,000 $4,827 5.06%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $330,000 $165,000 $3,221 4.94%
JONESBORO, AR (FHA|USDA|VA) 1 $305,000 $305,000 $3,780 4.75%
JOHNSON CITY, TN (FHA|USDA|VA) 3 $305,000 $101,667 $3,917 4.83%
SAGINAW, MI (FHA|USDA|VA) 2 $280,000 $140,000 $6,465 4.56%
Dixon, IL (FHA|USDA|VA) 1 $265,000 $265,000 $2,185 4.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $265,000 $265,000 $8,481 5.63%
Cadillac, MI (FHA|USDA|VA) 2 $260,000 $130,000 $3,395 4.82%
Rockport, TX (FHA|USDA|VA) 1 $255,000 $255,000 $2,855 5.13%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $255,000 $255,000 $4,397 5.38%
Georgetown, SC (FHA|USDA|VA) 1 $255,000 $255,000 $3,992 4.25%
Milledgeville, GA (FHA|USDA|VA) 2 $250,000 $125,000 $5,420 4.56%
Forest City, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,695 4.88%
Shelbyville, TN (FHA|USDA|VA) 2 $240,000 $120,000 $4,433 5.50%
Fort Payne, AL (FHA|USDA|VA) 2 $240,000 $120,000 $5,567 5.38%
COLUMBIA, MO (FHA|USDA|VA) 1 $235,000 $235,000 $4,486 4.88%
North Vernon, IN (FHA|USDA|VA) 3 $235,000 $78,333 $4,585 5.29%
BRUNSWICK, GA (FHA|USDA|VA) 1 $235,000 $235,000 $9,840 4.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $225,000 $225,000 $13,634 4.75%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,620 5.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $220,000 $110,000 $3,157 5.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,109 4.50%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $210,000 $105,000 $4,547 5.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $210,000 $105,000 $5,177 4.88%
KANKAKEE, IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,940 4.88%
McMinnville, TN (FHA|USDA|VA) 2 $200,000 $100,000 $5,471 4.94%
Muscatine, IA (FHA|USDA|VA) 1 $195,000 $195,000 $6,298 5.25%
Crossville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $5,589 4.25%
Cordele, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,123 4.75%
ALBANY, GA (FHA|USDA|VA) 2 $190,000 $95,000 $4,187 4.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $190,000 $95,000 $6,455 5.31%
Lewisburg, TN (FHA|USDA|VA) 1 $185,000 $185,000 $3,251 5.13%
TOPEKA, KS (FHA|USDA|VA) 1 $185,000 $185,000 $3,103 4.63%
Manitowoc, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,245 4.75%
MANHATTAN, KS (FHA|USDA|VA) 1 $185,000 $185,000 $3,759 4.88%
Gaffney, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,706 5.25%
Kingsville, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,236 4.88%
Statesboro, GA (FHA|USDA|VA) 1 $175,000 $175,000 $7,718 5.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,721 5.13%
MOBILE, AL (FHA|USDA|VA) 1 $155,000 $155,000 $7,114 4.50%
DALTON, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,995 5.25%
Lawrenceburg, TN (FHA|USDA|VA) 1 $155,000 $155,000 $903 5.63%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,181 4.25%
Sterling, IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,096 5.38%
Cookeville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $4,069 5.25%
Alpena, MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,880 4.75%
Scottsboro, AL (FHA|USDA|VA) 2 $140,000 $70,000 $4,498 5.25%
Ludington, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,838 4.50%
Hillsdale, MI (FHA|USDA|VA) 1 $125,000 $125,000 $6,660 4.63%
Kerrville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.72%
MORRISTOWN, TN (FHA|USDA|VA) 1 $125,000 $125,000 $6,777 5.50%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,533 5.50%
VALDOSTA, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,684 5.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.68%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $105,000 $105,000 $4,065 5.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $105,000 $105,000 $2,082 4.88%
Greensburg, IN (FHA|USDA|VA) 1 $105,000 $105,000 $5,752 5.25%
Palatka, FL (FHA|USDA|VA) 1 $95,000 $95,000 $6,831 5.63%
GADSDEN, AL (FHA|USDA|VA) 1 $95,000 $95,000 $4,007 4.25%
BAY CITY, MI (FHA|USDA|VA) 1 $85,000 $85,000 $6,614 5.63%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,354 4.88%
Hutchinson, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,539 4.88%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,260 5.00%
Jasper, IN (FHA|USDA|VA) 1 $65,000 $65,000 $5,788 5.25%
LONGVIEW, TX (FHA|USDA|VA) 1 $65,000 $65,000 $1,923 5.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $55,000 $55,000 $4,319 5.63%
Dayton, TN (FHA|USDA|VA) 1 $55,000 $55,000 $4,098 5.25%
Success Mortgage Partners's top markets include Atlanta, Detroit, Chicago, Orlando, and Columbia among others.

Their top states include:
  • Michigan (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (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 2,120 $432,890,000 $204,193 $4,462 4.93%
    FHA 1,285 $210,185,000 $163,568 $7,476 5.06%
    VA 319 $69,015,000 $216,348 $5,346 4.93%
    USDA 244 $32,940,000 $135,000 $5,710 5.00%
    FHA 29 $3,665,000 $126,379 $0 4.76%
    FHA 11 $1,965,000 $178,636 $0 4.58%

    For 2018, Success Mortgage Partners's most frequently originated type of loan was Conventional, with 2,120 originations. Their 2nd most popular type was FHA, with 1,285 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,580 $670,830,000 $187,383 $5,686 4.98%
    Cash Out Refi 262 $48,570,000 $185,382 $5,072 5.03%
    Refi 151 $29,125,000 $192,881 $4,130 4.84%
    Other 14 $1,950,000 $139,286 $4,427 4.74%
    Home Improvement 1 $185,000 $185,000 $3,837 5.00%

    For 2018, Success Mortgage Partners's most frequently cited loan purpose was Home Purchase, with 3,580 originations. The 2nd most popular reason was Cash Out Refi, with 262 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,834 $721,030,000 $188,062 $5,628 5.00%
    15 Year 88 $15,950,000 $181,250 $4,432 4.26%
    Other 44 $6,520,000 $148,182 $4,886 4.72%
    20 Year 33 $6,225,000 $188,636 $4,527 4.55%
    10 Year 9 $935,000 $103,889 $3,939 6.08%

    For 2018, Success Mortgage Partners's most frequently cited loan duration was 30 Year, with 3,834 originations. The 2nd most popular length was 15 Year, with 88 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,714 $325,010,000 $189,621
    $2k-3k 929 $147,825,000 $159,123
    $3k-4k 657 $117,845,000 $179,368
    $<1k 254 $49,000,000 $192,913
    $4k-5k 252 $57,130,000 $226,706
    $5k+ 157 $47,775,000 $304,299

    Success Mortgage Partners's average total fees were $5,628, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,714 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,294 $470,710,000 $205,192
    5-6% 1,591 $254,055,000 $159,683
    3-4% 108 $23,900,000 $221,296
    6-7% 11 $1,975,000 $179,545
    7-8% 4 $20,000 $5,000

    During 2018, Success Mortgage Partners's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was 4-5%, with 2,294 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,999 $295,445,000 $147,796 $5,333 5.02%
    $200k-400k 1,272 $334,250,000 $262,775 $6,496 4.87%
    $100,000 or less 581 $45,455,000 $78,236 $4,237 5.14%
    $400k-600k 138 $62,230,000 $450,942 $6,232 4.71%
    $600k-1MM 17 $12,275,000 $722,059 $7,547 4.64%
    $1MM+ 1 $1,005,000 $1,005,000 $9,113 4.75%

    2018 saw Success Mortgage Partners place emphasis on $100k-200k loans with 1,999 originations, totaling $295,445,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 1,195 $147,525,000 $123,452 $5,186 5.02%
    $50k-75k 1,184 $207,490,000 $175,245 $5,750 5.00%
    $75k-100k 667 $134,275,000 $201,312 $5,865 4.98%
    $100k-150k 581 $143,805,000 $247,513 $5,775 4.89%
    $150k-250k 268 $78,950,000 $294,590 $5,565 4.90%
    $250k+ 94 $34,900,000 $371,277 $5,856 4.86%

    Success Mortgage Partners lent most frequently to those with incomes in the $50k or less range, with 1,195 originations. The second most popular income band? $50k-75k, with 1,184 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 673 $125,695,000 $186,768 $5,551 4.95%
    20-30% 583 $108,545,000 $186,184 $4,975 4.92%
    50-60% 423 $77,755,000 $183,818 $7,239 5.06%
    44% 172 $34,440,000 $200,233 $5,704 4.98%
    37% 165 $28,365,000 $171,909 $5,468 4.98%
    41% 164 $29,150,000 $177,744 $5,658 5.01%
    42% 164 $33,360,000 $203,415 $5,102 5.00%
    39% 160 $29,140,000 $182,125 $5,065 4.96%
    38% 157 $30,245,000 $192,643 $5,389 4.97%
    43% 157 $30,085,000 $191,624 $5,742 4.97%
    <20% 152 $27,540,000 $181,184 $4,559 4.93%
    49% 148 $30,640,000 $207,027 $5,867 4.99%
    40% 143 $25,995,000 $181,783 $5,693 5.02%
    36% 141 $28,265,000 $200,461 $5,165 4.98%
    46% 137 $24,915,000 $181,861 $5,392 5.05%
    48% 136 $24,760,000 $182,059 $5,499 5.01%
    47% 136 $26,640,000 $195,882 $5,631 4.97%
    45% 132 $24,640,000 $186,667 $5,899 5.01%
    >60% 25 $4,855,000 $194,200 $5,325 5.02%

    Success Mortgage Partners lent most frequently to those with DTI ratios of 30-36%, with 673 originations. The next most common DTI ratio? 20-30%, with 583 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,286 $607,130,000 $184,763 $5,490 4.98%
    Black 320 $59,620,000 $186,313 $6,514 5.05%
    Not provided 288 $58,450,000 $202,951 $5,705 4.96%
    Asian 98 $22,240,000 $226,939 $5,507 4.82%
    American Indian 12 $2,280,000 $190,000 $6,038 4.98%
    Native Hawaiian or Islander 3 $765,000 $255,000 $5,490 4.58%
    Vietnamese 1 $175,000 $175,000 $4,763 4.88%

    Approval Rates

    Total approvals of all applications
    95.63%

    Success Mortgage Partners 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
    78.47%

    Success Mortgage Partners has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,008 $750,660,000 $187,290

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 144 $16,760,000 $116,389
    Single Family (1-4 Units):Site-Built 3,864 $733,900,000 $189,933

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 34 $4,090,000 $120,294 $3,923 4.75%
    40-60% 178 $28,230,000 $158,596 $4,339 4.76%
    60-80% 731 $147,185,000 $201,347 $4,588 4.97%
    80-100% 2,966 $550,090,000 $185,465 $5,838 4.99%
    Over 100% 93 $20,945,000 $225,215 $8,021 4.98%
    Under 20% 6 $120,000 $20,000 $3,084 7.00%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    SUCCESS MORTGAGE PARTNERS, INC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    SUCCESS MORTGAGE PARTNERS, INC VA mortgage Closing on a mortgage 1 50.0%