Mortgage Investors Group Rates, Fees & Info
NASHVILLE, TNLEI: 549300VNBQD8FDHF7563
Tax ID: 83-0310268
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Mortgage Data
Review & Overview
Mortgage Investors Group is a small mortgage company specializing in Home Purchase loans. Mortgage Investors Group 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 by origination volume include: Knoxville, Nashville, Memphis, Chattanooga, and Sevierville among others. We have data for 166 markets. (Some data included below & more in-depth data is available with an active subscription.)Mortgage Investors Group 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. Mortgage Investors Group is typically a low 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 | 6.99% | 7/7/25 |
| 30 Year Conventional Refi | 7.07% | 7/7/25 |
| 30 Year Cash-out Refi | 7.43% | 7/7/25 |
| 30 Year FHA Purchase | 7.21% | 7/7/25 |
| 30 Year FHA Refi | 7.05% | 7/7/25 |
| 30 Year VA Purchase | 6.29% | 7/7/25 |
| 30 Year VA Refi | 6.21% | 7/7/25 |
| 30 Year USDA Purchase | 6.97% | 7/7/25 |
| 15 Year Conventional Purchase | 6.37% | 7/7/25 |
| 15 Year Conventional Refi | 6.13% | 7/7/25 |
| 15 Year Cash-out Refi | 6.13% | 7/7/25 |
| 15 Year FHA Purchase | 7.10% | 7/7/25 |
| 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. | ||
Mortgage Investors Group Mortgage Calculator
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This is not an official calculator from Mortgage Investors Group. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,936Origination Dollar Volume (All Markets)
$1,471,470,000Awards
MORTGAGE INVESTORS GROUP - 2024
MORTGAGE INVESTORS GROUP is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Mortgage Investors Group's average 30 year fixed mortgage rate was
6.52%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.03%.
Relative Fees (Closing Costs)
Mortgage Investors Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,251.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| KNOXVILLE, TN (FHA|USDA|VA) | 1,746 | $558,520,000 | $319,885 | $7,385 | 6.61% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 290 | $118,510,000 | $408,655 | $7,712 | 6.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 338 | $107,780,000 | $318,876 | $8,038 | 6.57% |
| Outside of Metro Areas | 384 | $89,820,000 | $233,906 | $6,594 | 6.45% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 252 | $73,360,000 | $291,111 | $7,292 | 6.52% |
| Sevierville, TN (FHA|USDA|VA) | 147 | $50,225,000 | $341,667 | $7,520 | 6.80% |
| MORRISTOWN, TN (FHA|USDA|VA) | 162 | $42,050,000 | $259,568 | $7,671 | 6.60% |
| JACKSON, TN (FHA|USDA|VA) | 145 | $37,955,000 | $261,759 | $6,393 | 6.42% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 99 | $35,135,000 | $354,899 | $9,826 | 6.33% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 107 | $25,495,000 | $238,271 | $7,280 | 6.57% |
| JACKSON, MS (FHA|USDA|VA) | 98 | $24,870,000 | $253,776 | $5,869 | 6.78% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 78 | $20,820,000 | $266,923 | $7,610 | 6.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 64 | $17,970,000 | $280,781 | $6,374 | 5.78% |
| Cookeville, TN (FHA|USDA|VA) | 58 | $15,990,000 | $275,690 | $7,386 | 6.56% |
| CLEVELAND, TN (FHA|USDA|VA) | 51 | $14,515,000 | $284,608 | $8,855 | 6.54% |
| Athens, TN (FHA|USDA|VA) | 60 | $14,380,000 | $239,667 | $7,456 | 6.57% |
| JONESBORO, AR (FHA|USDA|VA) | 61 | $13,955,000 | $228,770 | $5,268 | 6.41% |
| Crossville, TN (FHA|USDA|VA) | 44 | $12,220,000 | $277,727 | $5,948 | 6.76% |
| Paragould, AR (FHA|USDA|VA) | 59 | $11,235,000 | $190,424 | $4,935 | 6.51% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 25 | $11,035,000 | $441,400 | $7,861 | 5.81% |
| DECATUR, AL (FHA|USDA|VA) | 39 | $10,995,000 | $281,923 | $6,743 | 5.26% |
| Greeneville, TN (FHA|USDA|VA) | 36 | $10,240,000 | $284,444 | $8,383 | 6.44% |
| Cullman, AL (FHA|USDA|VA) | 26 | $6,970,000 | $268,077 | $6,497 | 6.16% |
| Newport, TN (FHA|USDA|VA) | 24 | $6,620,000 | $275,833 | $6,852 | 6.42% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 23 | $6,265,000 | $272,391 | $9,056 | 6.25% |
| GADSDEN, AL (FHA|USDA|VA) | 26 | $5,950,000 | $228,846 | $5,063 | 6.87% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 16 | $4,460,000 | $278,750 | $6,242 | 6.65% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 17 | $4,385,000 | $257,941 | $6,728 | 6.39% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 10 | $3,870,000 | $387,000 | $5,558 | 6.48% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 11 | $3,455,000 | $314,091 | $6,772 | 6.46% |
| PANAMA CITY, FL (FHA|USDA|VA) | 9 | $3,315,000 | $368,333 | $6,768 | 6.78% |
| Dayton, TN (FHA|USDA|VA) | 13 | $3,205,000 | $246,538 | $7,517 | 6.40% |
| Brookhaven, MS (FHA|USDA|VA) | 13 | $3,025,000 | $232,692 | $3,968 | 6.06% |
| Oxford, MS (FHA|USDA|VA) | 9 | $2,895,000 | $321,667 | $4,828 | 6.24% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $2,880,000 | $480,000 | $7,658 | 6.42% |
| McMinnville, TN (FHA|USDA|VA) | 10 | $2,520,000 | $252,000 | $7,978 | 6.79% |
| Fort Payne, AL (FHA|USDA|VA) | 12 | $2,490,000 | $207,500 | $4,179 | 6.63% |
| Danville, KY (FHA|USDA|VA) | 13 | $2,475,000 | $190,385 | $4,351 | 6.58% |
| Lawrenceburg, TN (FHA|USDA|VA) | 9 | $2,415,000 | $268,333 | $6,863 | 6.60% |
| Scottsboro, AL (FHA|USDA|VA) | 6 | $2,360,000 | $393,333 | $4,864 | 5.58% |
| Lewisburg, TN (FHA|USDA|VA) | 8 | $2,330,000 | $291,250 | $7,929 | 5.83% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 7 | $1,915,000 | $273,571 | $4,350 | 5.55% |
| SAVANNAH, GA (FHA|USDA|VA) | 7 | $1,825,000 | $260,714 | $10,851 | 6.23% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $6,368 | 7.17% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,680,000 | $420,000 | $5,791 | 6.50% |
| MOBILE, AL (FHA|USDA|VA) | 9 | $1,665,000 | $185,000 | $6,496 | 6.43% |
| DOTHAN, AL (FHA|USDA|VA) | 6 | $1,640,000 | $273,333 | $5,230 | 5.39% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 6 | $1,620,000 | $270,000 | $5,548 | 6.77% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 5 | $1,585,000 | $317,000 | $6,643 | 7.17% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 6 | $1,560,000 | $260,000 | $8,769 | 6.12% |
| Albertville, AL (FHA|USDA|VA) | 6 | $1,510,000 | $251,667 | $6,831 | 7.10% |
| Laurel, MS (FHA|USDA|VA) | 9 | $1,505,000 | $167,222 | $6,217 | 6.57% |
| MONTGOMERY, AL (FHA|USDA|VA) | 6 | $1,490,000 | $248,333 | $5,394 | 6.62% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 7 | $1,465,000 | $209,286 | $8,247 | 6.55% |
| Paris, TN (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $5,427 | 6.61% |
| DALTON, GA (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $6,694 | 6.35% |
| Jasper, AL (FHA|USDA|VA) | 6 | $1,360,000 | $226,667 | $5,110 | 4.06% |
| Calhoun, GA (FHA|USDA|VA) | 3 | $1,355,000 | $451,667 | $7,741 | 6.54% |
| Vicksburg, MS (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $5,995 | 6.71% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $8,191 | 6.91% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $4,727 | 6.87% |
| Tupelo, MS (FHA|USDA|VA) | 6 | $1,170,000 | $195,000 | $6,468 | 6.52% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $11,901 | 7.71% |
| Middlesborough, KY (FHA|USDA|VA) | 7 | $1,135,000 | $162,143 | $5,518 | 6.68% |
| BURLINGTON, NC (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $9,496 | 6.49% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $9,395 | 6.15% |
| Shelbyville, TN (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $9,214 | 6.56% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $7,955 | 7.13% |
| GAINESVILLE, GA (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $9,575 | 6.16% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $8,957 | 6.47% |
| FLORENCE, SC (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $9,926 | 7.33% |
| ALBANY, GA (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $8,558 | 6.69% |
| Martin, TN (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $9,709 | 5.94% |
| Statesboro, GA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $5,567 | 6.72% |
| Troy, AL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $4,498 | 4.69% |
| Dyersburg, TN (FHA|USDA|VA) | 5 | $945,000 | $189,000 | $6,516 | 6.42% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $10,034 | 5.88% |
| Brownsville, TN (FHA|USDA|VA) | 5 | $915,000 | $183,000 | $7,004 | 6.70% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $7,501 | 6.16% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $6,337 | 6.75% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $13,037 | 5.81% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $12,412 | 6.75% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $8,511 | 6.31% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $4,891 | 6.43% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $10,616 | 6.13% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $7,089 | 6.21% |
| Meridian, MS (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $7,317 | 7.03% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $4,732 | 7.62% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $7,627 | 6.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $6,394 | 6.83% |
| ROME, GA (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $8,446 | 6.46% |
| HATTIESBURG, MS (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $8,155 | 6.83% |
| Brevard, NC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $9,263 | 5.87% |
| Searcy, AR (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $13,524 | 6.12% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $6,787 | 6.49% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $5,854 | 6.18% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,649 | 5.63% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $6,116 | 6.63% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $10,022 | 6.88% |
| Summerville, GA (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $6,987 | 4.33% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $8,645 | 6.13% |
| Frankfort, KY (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $5,883 | 6.50% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $9,648 | 6.50% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $7,731 | 6.81% |
| Batesville, AR (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $4,770 | 6.79% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $10,258 | 6.54% |
| Corinth, MS (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $6,409 | 6.29% |
| Vidalia, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $9,366 | 6.69% |
| Richmond-Berea, KY (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,841 | 6.43% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $3,123 | 7.38% |
| Union City, TN (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $7,106 | 6.42% |
| Malvern, AR (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,212 | 6.81% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,718 | 4.38% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,580 | 7.38% |
| Somerset, KY (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,363 | 3.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $600 | 6.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,399 | 6.81% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $7,370 | 7.25% |
| London, KY (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,492 | 7.00% |
| Blytheville, AR (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $6,729 | 6.44% |
| Ozark, AL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,109 | 6.25% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,829 | 6.38% |
| North Wilkesboro, NC (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,762 | 6.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,776 | 6.63% |
| Wilson, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,595 | 7.38% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,346 | 8.00% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,235 | 5.50% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,527 | 5.75% |
| Washington, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,251 | 5.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $12,802 | 5.25% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,350 | 6.63% |
| Arkadelphia, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,765 | 6.88% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,715 | 6.38% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,315 | 4.50% |
| El Dorado, AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,124 | 6.25% |
| Russellville, AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,848 | 6.13% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,125 | 6.38% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,361 | 7.63% |
| OCALA, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,894 | 5.50% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,757 | 5.63% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $12,767 | 5.50% |
| Eufaula, AL-GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,756 | 0.00% |
| Starkville, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,584 | 6.88% |
| Grenada, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,545 | 7.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,858 | 6.75% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,949 | 6.99% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $9,102 | 6.63% |
| Seneca, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,530 | 6.75% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,038 | 6.63% |
| Murray, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,330 | 7.38% |
| Cleveland, MS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,829 | 6.87% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,838 | 5.50% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,259 | 6.25% |
| Dublin, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,724 | 6.88% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,189 | 6.75% |
| Martinsville, VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,356 | 6.49% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,395 | 6.13% |
| Helena-West Helena, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,543 | 6.25% |
| Tifton, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,596 | 6.99% |
| Cordele, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,249 | 6.13% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,533 | 6.63% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,957 | 6.50% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,770 | 6.88% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,304 | 6.99% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,872 | 6.49% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,119 | 7.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against MORTGAGE INVESTORS GROUP 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 2024, Mortgage Investors Group's most frequently originated type of loan was Conventional, with 2,998 originations. Their 2nd most popular type was FHA, with 1,418 originations.
Loan Reason
For 2024, Mortgage Investors Group's most frequently cited loan purpose was Home Purchase, with 4,394 originations. The 2nd most popular reason was Refi, with 307 originations.
Loan Duration/Length
For 2024, Mortgage Investors Group's most frequently cited loan duration was 30 Year, with 4,794 originations. The 2nd most popular length was 15 Year, with 71 originations.
Origination Fees/Closing Costs
Mortgage Investors Group's average total fees were $7,251, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,740 originations.
Interest Rates
During 2024, Mortgage Investors Group's average interest rate for loans was 6.52%, while their most frequently originated rate bucket for loans was 6-7%, with 3,168 originations.
Loan Sizing
2024 saw Mortgage Investors Group place emphasis on $200k-400k loans with 2,789 originations, totaling $796,385,000 in origination value.
Applicant Income
Mortgage Investors Group lent most frequently to those with incomes in the $100k-150k range, with 1,204 originations. The second most popular income band? $50k-75k, with 1,177 originations.
Applicant Debt to Income Ratio
Mortgage Investors Group lent most frequently to those with DTI ratios of 30-36%, with 827 originations. The next most common DTI ratio? 20-30%, with 759 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.52%
Mortgage Investors Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination70.73%
Mortgage Investors Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 1 | $495,000 | $495,000 |
| NA | 4,935 | $1,470,975,000 | $298,070 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,936 | $1,471,470,000 | $298,110 |