Securitynational Mortgage Company Rates, Fees & Info

Salt Lake City, UT

LEI: 549300VQUTI5IU7GXT57

Tax ID: 87-0512002

1 stars - Updated: 11/11/24 - out of 5 stars, based on 81 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Securitynational Mortgage Company is a small mortgage company specializing in Home Purchase loans. Securitynational Mortgage Company has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Salt Lake City, Houston, Provo, Phoenix, and Las Vegas among others. We have data for 269 markets. (Some data included below & more in-depth data is available with an active subscription.)

Securitynational Mortgage Company 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. Securitynational Mortgage Company 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 6.96% 11/11/24
30 Year Conventional Refi 6.82% 11/11/24
30 Year Cash-out Refi 6.99% 11/11/24
30 Year FHA Purchase 7.77% 11/11/24
30 Year FHA Refi 7.61% 11/11/24
30 Year VA Purchase 6.51% 11/11/24
30 Year VA Refi 7.92% 11/11/24
30 Year USDA Purchase 7.00% 11/11/24
15 Year Conventional Purchase 6.32% 11/11/24
15 Year Conventional Refi 6.19% 11/11/24
15 Year Cash-out Refi 6.19% 11/11/24
15 Year FHA Purchase 5.68% 11/11/24
15 Year FHA Refi 5.68% 11/11/24
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.

Securitynational Mortgage Company Mortgage Calculator






Your Estimates

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

This is not an official calculator from Securitynational Mortgage Company. 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

6,592

Origination Dollar Volume (All Markets)

$1,947,890,000

Awards

SECURITYNATIONAL MORTGAGE COMPANY VA Loans bronze SECURITYNATIONAL MORTGAGE COMPANY FHA Loans gold
Show all (2) awards

Relative Rate

Securitynational Mortgage Company's average 30 year fixed mortgage rate was 6.75%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.27%.

Relative Fees (Closing Costs)

Securitynational Mortgage Company's average total fees/closing costs for a 30 year fixed rate mortgage were $12,315.

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 $9,089.

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
SALT LAKE CITY, UT (FHA|USDA|VA) 741 $248,625,000 $335,526 $11,865 6.97%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 899 $247,945,000 $275,801 $10,917 6.91%
PROVO-OREM, UT (FHA|USDA|VA) 467 $172,415,000 $369,197 $10,970 6.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 498 $147,220,000 $295,622 $14,157 6.39%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 349 $111,615,000 $319,814 $13,214 6.95%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 302 $92,430,000 $306,060 $12,810 6.89%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 272 $81,910,000 $301,140 $12,302 6.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 134 $46,900,000 $350,000 $13,292 6.89%
Outside of Metro Areas 165 $43,775,000 $265,303 $10,267 6.83%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 137 $39,135,000 $285,657 $10,056 6.97%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 86 $38,170,000 $443,837 $14,908 5.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 102 $30,640,000 $300,392 $12,780 6.58%
Kapaa, HI (FHA|USDA|VA) 61 $24,675,000 $404,508 $21,037 7.87%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 86 $24,120,000 $280,465 $15,818 7.12%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 78 $23,570,000 $302,179 $13,647 6.85%
COLORADO SPRINGS, CO (FHA|USDA|VA) 78 $23,270,000 $298,333 $12,178 5.14%
URBAN HONOLULU, HI (FHA|USDA|VA) 35 $22,055,000 $630,143 $29,429 6.60%
Heber, UT (FHA|USDA|VA) 26 $19,500,000 $750,000 $13,970 7.28%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 76 $17,530,000 $230,658 $12,289 5.66%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 76 $17,460,000 $229,737 $10,463 7.26%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 28 $15,400,000 $550,000 $22,761 6.28%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 70 $15,040,000 $214,857 $10,593 6.77%
JACKSONVILLE, FL (FHA|USDA|VA) 81 $15,005,000 $185,247 $10,909 4.31%
EL PASO, TX (FHA|USDA|VA) 64 $14,460,000 $225,938 $11,237 6.95%
MIDLAND, TX (FHA|USDA|VA) 49 $14,345,000 $292,755 $13,905 6.81%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 24 $13,740,000 $572,500 $28,162 6.01%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 101 $13,195,000 $130,644 $9,214 7.08%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 31 $12,305,000 $396,935 $15,240 7.15%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 30 $11,910,000 $397,000 $13,558 6.22%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 67 $11,875,000 $177,239 $10,146 7.15%
BAKERSFIELD, CA (FHA|USDA|VA) 41 $11,595,000 $282,805 $13,188 6.45%
FAYETTEVILLE, NC (FHA|USDA|VA) 45 $11,065,000 $245,889 $10,832 5.84%
YUMA, AZ (FHA|USDA|VA) 41 $10,645,000 $259,634 $10,903 7.24%
ST. GEORGE, UT (FHA|USDA|VA) 26 $10,010,000 $385,000 $13,405 6.43%
Edwards, CO (FHA|USDA|VA) 22 $8,460,000 $384,545 $11,789 5.13%
AMARILLO, TX (FHA|USDA|VA) 35 $8,135,000 $232,429 $9,944 6.94%
COLUMBUS, OH (FHA|USDA|VA) 27 $7,535,000 $279,074 $7,966 7.19%
KANSAS CITY, MO-KS (FHA|USDA|VA) 39 $7,145,000 $183,205 $10,191 7.20%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 9 $5,925,000 $658,333 $19,882 7.46%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 33 $5,875,000 $178,030 $8,082 6.93%
BOISE CITY, ID (FHA|USDA|VA) 22 $5,680,000 $258,182 $9,242 7.18%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 25 $5,475,000 $219,000 $9,103 6.81%
Hilo, HI (FHA|USDA|VA) 14 $5,470,000 $390,714 $13,165 7.37%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 14 $5,450,000 $389,286 $9,183 6.70%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 33 $5,255,000 $159,242 $9,019 6.72%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 22 $5,070,000 $230,455 $9,646 7.37%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 23 $4,955,000 $215,435 $9,341 7.09%
ALBUQUERQUE, NM (FHA|USDA|VA) 18 $4,870,000 $270,556 $10,398 6.65%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 23 $4,805,000 $208,913 $11,049 4.89%
PUNTA GORDA, FL (FHA|USDA|VA) 14 $4,760,000 $340,000 $16,390 7.17%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 15 $4,705,000 $313,667 $15,789 6.33%
Pahrump, NV (FHA|USDA|VA) 18 $4,380,000 $243,333 $10,244 7.07%
GREELEY, CO (FHA|USDA|VA) 10 $4,240,000 $424,000 $12,281 5.66%
ODESSA, TX (FHA|USDA|VA) 15 $4,135,000 $275,667 $13,640 6.82%
Big Spring, TX (FHA|USDA|VA) 26 $4,000,000 $153,846 $9,958 6.71%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 16 $3,990,000 $249,375 $12,252 7.06%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 30 $3,890,000 $129,667 $8,381 6.53%
STOCKTON, CA (FHA|USDA|VA) 13 $3,845,000 $295,769 $14,818 5.65%
FORT COLLINS, CO (FHA|USDA|VA) 7 $3,345,000 $477,857 $14,271 6.44%
TUCSON, AZ (FHA|USDA|VA) 14 $3,190,000 $227,857 $10,285 7.58%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $3,145,000 $349,444 $8,768 6.14%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 20 $3,130,000 $156,500 $7,852 7.33%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $2,850,000 $712,500 $14,445 6.63%
CORPUS CHRISTI, TX (FHA|USDA|VA) 11 $2,835,000 $257,727 $10,886 6.73%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 8 $2,830,000 $353,750 $13,545 7.33%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 16 $2,550,000 $159,375 $6,987 7.02%
LOGAN, UT-ID (FHA|USDA|VA) 8 $2,440,000 $305,000 $9,867 7.14%
JOHNSON CITY, TN (FHA|USDA|VA) 9 $2,395,000 $266,111 $6,885 7.03%
AKRON, OH (FHA|USDA|VA) 22 $2,370,000 $107,727 $5,542 7.26%
TEXARKANA, TX-AR (FHA|USDA|VA) 11 $2,305,000 $209,545 $9,767 6.58%
PANAMA CITY, FL (FHA|USDA|VA) 5 $2,235,000 $447,000 $8,207 7.35%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 9 $2,225,000 $247,222 $10,520 6.84%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,205,000 $441,000 $22,211 5.30%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $2,155,000 $718,333 $23,559 7.08%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 8 $2,030,000 $253,750 $11,631 7.06%
Rexburg, ID (FHA|USDA|VA) 8 $2,000,000 $250,000 $11,826 6.72%
LAREDO, TX (FHA|USDA|VA) 9 $1,955,000 $217,222 $8,672 6.78%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $1,950,000 $487,500 $16,621 7.31%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $1,950,000 $243,750 $8,006 6.89%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $1,845,000 $263,571 $11,018 7.27%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 7 $1,785,000 $255,000 $11,160 6.80%
IDAHO FALLS, ID (FHA|USDA|VA) 8 $1,760,000 $220,000 $7,105 6.78%
RACINE, WI (FHA|USDA|VA) 10 $1,750,000 $175,000 $5,763 7.34%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $1,720,000 $172,000 $13,353 7.19%
Granbury, TX (FHA|USDA|VA) 5 $1,705,000 $341,000 $13,319 7.67%
TUSCALOOSA, AL (FHA|USDA|VA) 11 $1,675,000 $152,273 $6,564 6.09%
Carlsbad-Artesia, NM (FHA|USDA|VA) 7 $1,645,000 $235,000 $14,898 8.11%
MONROE, LA (FHA|USDA|VA) 7 $1,615,000 $230,714 $10,570 6.36%
Sevierville, TN (FHA|USDA|VA) 3 $1,565,000 $521,667 $12,181 7.16%
Stephenville, TX (FHA|USDA|VA) 6 $1,550,000 $258,333 $5,528 8.21%
LAS CRUCES, NM (FHA|USDA|VA) 5 $1,525,000 $305,000 $14,132 6.90%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,500,000 $750,000 $28,326 7.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 15 $1,445,000 $96,333 $6,639 6.96%
HUNTSVILLE, AL (FHA|USDA|VA) 10 $1,400,000 $140,000 $24,107 7.06%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $1,395,000 $279,000 $12,458 6.70%
TULSA, OK (FHA|USDA|VA) 8 $1,380,000 $172,500 $7,254 6.81%
OKLAHOMA CITY, OK (FHA|USDA|VA) 9 $1,355,000 $150,556 $6,733 6.11%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $1,335,000 $190,714 $10,492 5.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $1,330,000 $221,667 $7,089 7.17%
JACKSON, MS (FHA|USDA|VA) 18 $1,330,000 $73,889 $5,200 6.87%
Vernal, UT (FHA|USDA|VA) 5 $1,315,000 $263,000 $13,341 6.87%
Show Low, AZ (FHA|USDA|VA) 3 $1,285,000 $428,333 $5,636 7.62%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,265,000 $421,667 $22,725 7.13%
SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,240,000 $310,000 $12,438 6.69%
LUBBOCK, TX (FHA|USDA|VA) 4 $1,240,000 $310,000 $11,870 6.66%
GAINESVILLE, FL (FHA|USDA|VA) 3 $1,235,000 $411,667 $12,204 7.25%
Gainesville, TX (FHA|USDA|VA) 5 $1,235,000 $247,000 $12,034 6.95%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,230,000 $307,500 $12,422 6.31%
PUEBLO, CO (FHA|USDA|VA) 7 $1,205,000 $172,143 $9,453 4.70%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $1,160,000 $290,000 $12,050 6.16%
Glenwood Springs, CO (FHA|USDA|VA) 6 $1,150,000 $191,667 $11,029 4.83%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $1,145,000 $381,667 $14,111 6.96%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,130,000 $565,000 $13,526 6.12%
SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $1,115,000 $223,000 $10,374 6.70%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 5 $1,105,000 $221,000 $8,467 7.33%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $1,015,000 $338,333 $17,909 6.96%
ASHEVILLE, NC (FHA|USDA|VA) 4 $990,000 $247,500 $8,216 6.62%
CARSON CITY, NV (FHA|USDA|VA) 3 $945,000 $315,000 $13,955 7.87%
GAINESVILLE, GA (FHA|USDA|VA) 4 $940,000 $235,000 $11,501 5.19%
Cookeville, TN (FHA|USDA|VA) 5 $935,000 $187,000 $5,765 3.57%
Breckenridge, CO (FHA|USDA|VA) 2 $930,000 $465,000 $13,363 7.63%
LOUISVILLE, KY (FHA|USDA|VA) 3 $905,000 $301,667 $6,386 7.58%
WARNER ROBINS, GA (FHA|USDA|VA) 3 $895,000 $298,333 $8,037 6.83%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $890,000 $222,500 $8,221 6.84%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $880,000 $440,000 $10,408 7.56%
RENO, NV (FHA|USDA|VA) 3 $875,000 $291,667 $11,515 8.67%
ABILENE, TX (FHA|USDA|VA) 5 $835,000 $167,000 $7,855 6.92%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $830,000 $415,000 $5,122 5.87%
Pecos, TX (FHA|USDA|VA) 4 $780,000 $195,000 $11,997 6.34%
Clewiston, FL (FHA|USDA|VA) 4 $780,000 $195,000 $16,400 4.94%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $775,000 $258,333 $16,465 6.21%
Bay City, TX (FHA|USDA|VA) 3 $765,000 $255,000 $12,287 7.21%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $760,000 $380,000 $16,052 6.81%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $750,000 $375,000 $20,996 9.13%
Cedartown, GA (FHA|USDA|VA) 6 $750,000 $125,000 $8,283 5.46%
GOLDSBORO, NC (FHA|USDA|VA) 4 $750,000 $187,500 $9,021 4.78%
Muskogee, OK (FHA|USDA|VA) 1 $725,000 $725,000 $16,111 6.49%
Mountain Home, ID (FHA|USDA|VA) 3 $725,000 $241,667 $16,474 7.29%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $725,000 $725,000 $8,705 6.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $715,000 $143,000 $9,964 7.50%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $710,000 $355,000 $0 7.25%
DECATUR, AL (FHA|USDA|VA) 5 $705,000 $141,000 $0 6.47%
Corsicana, TX (FHA|USDA|VA) 2 $700,000 $350,000 $7,489 6.69%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $675,000 $675,000 $22,487 6.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $670,000 $167,500 $7,930 7.25%
MADERA, CA (FHA|USDA|VA) 1 $665,000 $665,000 $18,804 6.38%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $655,000 $655,000 $13,366 7.63%
Andrews, TX (FHA|USDA|VA) 2 $620,000 $310,000 $17,637 6.88%
OCALA, FL (FHA|USDA|VA) 3 $615,000 $205,000 $0 8.38%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $615,000 $205,000 $11,818 6.08%
Mount Pleasant, TX (FHA|USDA|VA) 2 $610,000 $305,000 $6,955 5.94%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $605,000 $201,667 $8,419 7.79%
Dumas, TX (FHA|USDA|VA) 3 $605,000 $201,667 $10,945 7.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $585,000 $585,000 $10,836 7.50%
WILMINGTON, NC (FHA|USDA|VA) 1 $585,000 $585,000 $9,435 8.13%
Greeneville, TN (FHA|USDA|VA) 4 $580,000 $145,000 $5,295 6.78%
Nogales, AZ (FHA|USDA|VA) 3 $575,000 $191,667 $10,476 7.67%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $570,000 $285,000 $9,869 6.63%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $555,000 $555,000 $5,452 8.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $545,000 $181,667 $9,540 7.42%
VICTORIA, TX (FHA|USDA|VA) 1 $535,000 $535,000 $35,383 5.88%
LaGrange, GA-AL (FHA|USDA|VA) 3 $535,000 $178,333 $8,201 6.04%
HAMMOND, LA (FHA|USDA|VA) 2 $530,000 $265,000 $15,893 5.88%
Huntsville, TX (FHA|USDA|VA) 2 $530,000 $265,000 $8,136 6.94%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $515,000 $515,000 $23,770 5.75%
VALDOSTA, GA (FHA|USDA|VA) 2 $510,000 $255,000 $17,989 5.69%
Payson, AZ (FHA|USDA|VA) 3 $505,000 $168,333 $8,933 7.91%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $500,000 $250,000 $6,418 3.69%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $490,000 $81,667 $0 6.79%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $485,000 $485,000 $17,362 6.63%
COLUMBIA, SC (FHA|USDA|VA) 2 $470,000 $235,000 $6,020 6.50%
Oak Harbor, WA (FHA|USDA|VA) 1 $465,000 $465,000 $11,841 6.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $460,000 $230,000 $14,623 7.44%
Fredericksburg, TX (FHA|USDA|VA) 1 $455,000 $455,000 $17,153 6.50%
KNOXVILLE, TN (FHA|USDA|VA) 2 $450,000 $225,000 $9,308 6.31%
MANSFIELD, OH (FHA|USDA|VA) 2 $440,000 $220,000 $10,162 6.63%
Paris, TX (FHA|USDA|VA) 1 $435,000 $435,000 $13,689 6.88%
MERCED, CA (FHA|USDA|VA) 1 $425,000 $425,000 $17,804 6.13%
DOTHAN, AL (FHA|USDA|VA) 1 $425,000 $425,000 $9,475 6.99%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $415,000 $415,000 $15,838 6.50%
LIMA, OH (FHA|USDA|VA) 2 $410,000 $205,000 $8,017 6.94%
SAN ANGELO, TX (FHA|USDA|VA) 1 $405,000 $405,000 $19,006 7.13%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 4 $400,000 $100,000 $0 7.09%
Thomaston, GA (FHA|USDA|VA) 3 $395,000 $131,667 $6,703 6.67%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $395,000 $395,000 $12,003 6.75%
Cullowhee, NC (FHA|USDA|VA) 1 $375,000 $375,000 $0 6.62%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $375,000 $375,000 $10,449 6.62%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $375,000 $375,000 $13,284 7.63%
Fort Morgan, CO (FHA|USDA|VA) 1 $365,000 $365,000 $17,344 5.63%
Rock Springs, WY (FHA|USDA|VA) 1 $365,000 $365,000 $14,126 7.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $365,000 $365,000 $21,139 7.25%
Shelton, WA (FHA|USDA|VA) 1 $355,000 $355,000 $11,923 7.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $355,000 $118,333 $9,662 4.13%
WICHITA, KS (FHA|USDA|VA) 1 $355,000 $355,000 $13,451 5.75%
SANTA FE, NM (FHA|USDA|VA) 1 $355,000 $355,000 $4,219 6.63%
Elko, NV (FHA|USDA|VA) 2 $350,000 $175,000 $10,126 8.63%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $350,000 $175,000 $6,823 8.00%
Craig, CO (FHA|USDA|VA) 1 $345,000 $345,000 $12,015 6.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $335,000 $335,000 $9,832 6.75%
Sulphur Springs, TX (FHA|USDA|VA) 2 $330,000 $165,000 $10,304 8.00%
Kerrville, TX (FHA|USDA|VA) 1 $325,000 $325,000 $10,714 6.99%
Evanston, WY (FHA|USDA|VA) 2 $320,000 $160,000 $3,574 7.87%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $320,000 $160,000 $9,993 8.38%
BILLINGS, MT (FHA|USDA|VA) 2 $320,000 $160,000 $21,817 8.18%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $305,000 $305,000 $5,886 6.38%
Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,563 7.63%
Calhoun, GA (FHA|USDA|VA) 1 $295,000 $295,000 $10,549 5.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $295,000 $98,333 $0 7.08%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $285,000 $285,000 $14,022 6.50%
LONGVIEW, TX (FHA|USDA|VA) 3 $285,000 $95,000 $3,978 6.29%
Talladega-Sylacauga, AL (FHA|USDA|VA) 3 $285,000 $95,000 $0 6.79%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $275,000 $275,000 $12,001 7.25%
Moultrie, GA (FHA|USDA|VA) 1 $275,000 $275,000 $6,874 6.13%
Ardmore, OK (FHA|USDA|VA) 1 $265,000 $265,000 $9,394 6.99%
Mineral Wells, TX (FHA|USDA|VA) 1 $265,000 $265,000 $10,379 6.99%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $260,000 $130,000 $5,678 6.81%
CASPER, WY (FHA|USDA|VA) 1 $255,000 $255,000 $8,914 5.88%
Del Rio, TX (FHA|USDA|VA) 1 $255,000 $255,000 $10,140 5.38%
Roanoke Rapids, NC (FHA|USDA|VA) 2 $250,000 $125,000 $0 10.75%
McMinnville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $12,150 6.00%
MORRISTOWN, TN (FHA|USDA|VA) 2 $230,000 $115,000 $9,966 2.94%
Henderson, NC (FHA|USDA|VA) 1 $225,000 $225,000 $4,237 6.63%
Bonham, TX (FHA|USDA|VA) 1 $215,000 $215,000 $10,243 7.25%
Rio Grande City-Roma, TX (FHA|USDA|VA) 1 $215,000 $215,000 $10,427 10.75%
Athens, TX (FHA|USDA|VA) 1 $215,000 $215,000 $13,442 6.50%
Urbana, OH (FHA|USDA|VA) 1 $215,000 $215,000 $6,211 7.13%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $210,000 $105,000 $0 6.63%
Ontario, OR-ID (FHA|USDA|VA) 1 $205,000 $205,000 $9,854 6.88%
Clovis, NM (FHA|USDA|VA) 1 $205,000 $205,000 $5,775 7.50%
WACO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,350 6.49%
LONGVIEW, WA (FHA|USDA|VA) 1 $195,000 $195,000 $6,406 7.13%
Stillwater, OK (FHA|USDA|VA) 1 $195,000 $195,000 $6,777 7.38%
Newport, TN (FHA|USDA|VA) 1 $195,000 $195,000 $5,975 7.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $195,000 $195,000 $9,465 7.13%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $185,000 $185,000 $13,531 7.13%
Wilson, NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.63%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $185,000 $185,000 $10,974 11.50%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.62%
Camden, AR (FHA|USDA|VA) 1 $185,000 $185,000 $6,830 6.25%
ST. CLOUD, MN (FHA|USDA|VA) 1 $175,000 $175,000 $9,563 7.62%
Searcy, AR (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.63%
Shelby, NC (FHA|USDA|VA) 1 $165,000 $165,000 $4,634 7.00%
JACKSON, TN (FHA|USDA|VA) 1 $155,000 $155,000 $9,339 6.49%
Lumberton, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,913 7.13%
Cullman, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.99%
GREENVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.63%
BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $8,269 6.75%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $150,000 $75,000 $4,400 8.63%
Price, UT (FHA|USDA|VA) 2 $150,000 $75,000 $2,597 6.50%
FRESNO, CA (FHA|USDA|VA) 1 $145,000 $145,000 $10,138 6.38%
SALEM, OR (FHA|USDA|VA) 1 $135,000 $135,000 $7,848 6.50%
Branson, MO (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.75%
Helena-West Helena, AR (FHA|USDA|VA) 2 $130,000 $65,000 $8,452 8.63%
HINESVILLE, GA (FHA|USDA|VA) 1 $125,000 $125,000 $8,686 6.63%
LANCASTER, PA (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.63%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $125,000 $125,000 $0 8.12%
PITTSBURGH, PA (FHA|USDA|VA) 1 $125,000 $125,000 $0 8.12%
Deming, NM (FHA|USDA|VA) 2 $110,000 $55,000 $4,401 8.31%
Ashland, OH (FHA|USDA|VA) 2 $110,000 $55,000 $4,891 7.31%
Burley, ID (FHA|USDA|VA) 1 $105,000 $105,000 $3,807 5.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.63%
DALTON, GA (FHA|USDA|VA) 1 $105,000 $105,000 $5,678 9.63%
Marietta, OH (FHA|USDA|VA) 1 $95,000 $95,000 $6,971 7.13%
MUNCIE, IN (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.88%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $95,000 $95,000 $5,156 6.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.63%
KOKOMO, IN (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.13%
Connersville, IN (FHA|USDA|VA) 1 $35,000 $35,000 $2,117 6.75%
Securitynational Mortgage Company's top markets include Salt Lake City, Houston, Provo, Phoenix, and Las Vegas among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,811 $1,039,965,000 $272,885 $8,978 6.81%
    FHA 2,343 $747,255,000 $318,931 $15,472 6.78%
    VA 384 $150,520,000 $391,979 $13,427 6.38%
    FHA 29 $3,985,000 $137,414 $0 2.53%
    USDA 25 $6,165,000 $246,600 $9,557 6.41%

    For 2023, Securitynational Mortgage Company's most frequently originated type of loan was Conventional, with 3,811 originations. Their 2nd most popular type was FHA, with 2,343 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,974 $1,780,170,000 $297,986 $12,101 6.71%
    Cash Out Refi 362 $96,280,000 $265,967 $10,887 7.27%
    Refi 192 $54,670,000 $284,740 $11,539 7.23%
    Home Improvement 64 $16,770,000 $262,031 $12,077 6.65%

    For 2023, Securitynational Mortgage Company's most frequently cited loan purpose was Home Purchase, with 5,974 originations. The 2nd most popular reason was Cash Out Refi, with 362 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,357 $1,926,545,000 $303,059 $12,315 6.75%
    10 Year 112 $1,670,000 $14,911 $69 8.66%
    15 Year 75 $11,295,000 $150,600 $5,031 6.15%
    Other 33 $4,625,000 $140,152 $9,100 3.21%
    20 Year 15 $3,755,000 $250,333 $6,824 7.99%

    For 2023, Securitynational Mortgage Company's most frequently cited loan duration was 30 Year, with 6,357 originations. The 2nd most popular length was 10 Year, with 112 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 3,126 $1,218,990,000 $389,952
    $<1k 717 $27,255,000 $38,013
    $4k-5k 648 $174,200,000 $268,827
    $2k-3k 527 $134,605,000 $255,417
    $3k-4k 498 $125,150,000 $251,305
    $1k-2k 361 $117,865,000 $326,496

    Securitynational Mortgage Company's average total fees were $12,315, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 3,126 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,783 $918,095,000 $329,894
    7-8% 2,317 $649,435,000 $280,291
    5-6% 707 $231,185,000 $326,994
    Over 8% 513 $136,045,000 $265,195
    <2.5% 248 $6,640,000 $26,774
    4-5% 15 $6,175,000 $411,667
    2.5-3% 5 $295,000 $59,000
    3-4% 4 $20,000 $5,000

    During 2023, Securitynational Mortgage Company's average interest rate for loans was 6.75%, while their most frequently originated rate bucket for loans was 6-7%, with 2,783 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,124 $922,220,000 $295,205 $12,264 6.93%
    $400k-600k 1,128 $531,470,000 $471,161 $16,532 6.86%
    $100k-200k 1,086 $168,160,000 $154,843 $7,822 6.97%
    $100,000 or less 866 $27,770,000 $32,067 $984 5.64%
    $600k-1MM 353 $249,485,000 $706,756 $17,969 6.91%
    $1MM+ 35 $48,785,000 $1,393,857 $29,879 7.15%

    2023 saw Securitynational Mortgage Company place emphasis on $200k-400k loans with 3,124 originations, totaling $922,220,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,853 $575,095,000 $310,359 $13,073 6.79%
    $75k-100k 1,623 $420,645,000 $259,177 $11,457 6.68%
    $50k-75k 1,249 $269,425,000 $215,713 $10,364 6.50%
    $150k-250k 943 $372,865,000 $395,403 $14,268 6.91%
    $50k or less 555 $121,455,000 $218,838 $7,641 6.98%
    $250k+ 367 $182,895,000 $498,351 $14,503 7.05%

    Securitynational Mortgage Company lent most frequently to those with incomes in the $100k-150k range, with 1,853 originations. The second most popular income band? $75k-100k, with 1,623 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 1,144 $350,250,000 $306,163 $14,703 6.62%
    30-36% 635 $176,745,000 $278,339 $10,661 6.79%
    49% 510 $165,290,000 $324,098 $12,550 6.85%
    20-30% 449 $125,695,000 $279,944 $10,099 6.70%
    48% 379 $114,495,000 $302,098 $12,091 6.77%
    46% 346 $105,740,000 $305,607 $12,759 6.61%
    47% 336 $102,660,000 $305,536 $12,650 6.75%
    45% 329 $94,995,000 $288,739 $11,832 6.63%
    44% 318 $89,210,000 $280,535 $10,592 6.78%
    43% 300 $82,600,000 $275,333 $11,096 6.84%
    42% 288 $83,350,000 $289,410 $11,602 6.58%
    41% 227 $65,225,000 $287,335 $11,206 6.64%
    39% 216 $63,620,000 $294,537 $10,898 6.82%
    40% 215 $64,785,000 $301,326 $11,007 6.72%
    38% 181 $53,125,000 $293,508 $11,037 6.64%
    37% 171 $46,785,000 $273,596 $10,556 6.66%
    <20% 158 $35,020,000 $221,646 $8,002 6.51%
    36% 154 $45,670,000 $296,558 $11,543 6.81%
    >60% 14 $5,460,000 $390,000 $18,007 7.11%

    Securitynational Mortgage Company lent most frequently to those with DTI ratios of 50-60%, with 1,144 originations. The next most common DTI ratio? 30-36%, with 635 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,620 $1,378,640,000 $298,407 $11,744 6.77%
    Not provided 962 $265,890,000 $276,393 $12,191 6.75%
    Black 554 $144,920,000 $261,588 $12,760 6.46%
    Asian 340 $116,370,000 $342,265 $13,566 7.07%
    American Indian 44 $14,050,000 $319,318 $13,350 6.87%
    Native Hawaiian or Islander 34 $13,460,000 $395,882 $18,942 6.38%
    Asian Indian 15 $6,365,000 $424,333 $11,306 6.93%
    Filipino 6 $3,150,000 $525,000 $26,610 7.02%
    Other Asian 4 $1,530,000 $382,500 $18,842 4.75%
    Chinese 5 $1,465,000 $293,000 $18,096 7.05%
    Native Hawaiian 4 $920,000 $230,000 $19,239 5.28%
    Vietnamese 2 $510,000 $255,000 $7,720 7.18%
    Other Pacific Islander 1 $415,000 $415,000 $11,187 7.13%
    Korean 1 $205,000 $205,000 $8,456 6.38%

    Approval Rates

    Total approvals of all applications
    93.05%

    Securitynational Mortgage Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    48.91%

    Securitynational Mortgage Company 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 6,592 $1,947,890,000 $295,493

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,592 $1,947,890,000 $295,493

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 123 $24,265,000 $197,276 $7,616 6.43%
    40-60% 354 $113,990,000 $322,006 $9,217 6.88%
    60-80% 1,413 $418,815,000 $296,401 $11,107 7.26%
    80-100% 3,928 $1,341,640,000 $341,558 $13,574 6.84%
    Over 100% 82 $35,050,000 $427,439 $21,909 6.34%
    Under 20% 692 $14,130,000 $20,419 $524 5.32%