Securitynational Mortgage Company Rates, Fees & Info

Salt Lake City, UT

LEI: 549300VQUTI5IU7GXT57

Tax ID: 87-0512002

2020 Data | 2019 Data | 2018 Data


Overview

Securitynational Mortgage Company is a mid-sized mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Securitynational Mortgage Company 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 include Salt Lake City, Provo, Phoenix, Austin, and Las Vegas among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Securitynational Mortgage Company is typically an average fee lendor.


Originations

21,028

Origination Dollar Volume (All Markets)

$5,419,300,000

Relative Rate

Securitynational Mortgage Company's average 30 year fixed rate mortgage was 3.34%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.02%.

Relative Fees

Securitynational Mortgage Company's average total fees for a 30 year fixed rate mortgage are $5,965.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 15,751 $4,030,675,000 $255,900 $4,559 3.40%
FHA 4,141 $1,037,435,000 $250,528 $9,943 3.20%
VA 830 $273,620,000 $329,663 $7,732 2.74%
USDA 306 $77,570,000 $253,497 $6,659 2.87%

For the 2020 period, Securitynational Mortgage Company's most frequently originated loan type was Conventional, with 15,751 originations. Their 2nd most popular type is FHA, with 4,141 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 11,181 $2,818,885,000 $252,114 $6,840 3.47%
Cash Out Refi 4,909 $1,268,405,000 $258,384 $4,752 3.25%
Refi 4,533 $1,220,505,000 $269,249 $4,359 3.05%
Home Improvement 405 $111,505,000 $275,321 $4,999 3.24%

For the 2020, Securitynational Mortgage Company's most frequently cited loan purpose was Home Purchase, with 11,181 originations. The 2nd most popular reason was Cash Out Refi, with 4,909 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 18,948 $4,954,670,000 $261,488 $5,969 3.34%
15 Year 1,231 $280,655,000 $227,989 $4,101 2.75%
20 Year 443 $108,485,000 $244,887 $4,198 3.07%
Other 248 $61,370,000 $247,460 $4,119 4.29%
10 Year 141 $11,915,000 $84,504 $1,827 4.82%
5 Year 12 $880,000 $73,333 $263 4.57%
1 Year 4 $1,320,000 $330,000 $3,620 6.62%
3 Year 1 $5,000 $5,000 $150 0.00%

For the 2020, Securitynational Mortgage Company's most frequently cited loan length was 30 Year, with 18,948 originations. The 2nd most popular length was 15 Year, with 1,231 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 10,317 $2,652,895,000 $257,138
$3k-4k 3,932 $1,019,580,000 $259,303
$2k-3k 3,139 $691,465,000 $220,282
$5k+ 2,346 $872,330,000 $371,837
$<1k 1,136 $144,060,000 $126,813

$5,965 was Securitynational Mortgage Company's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 10,317 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
SALT LAKE CITY, UT 4,180 $1,165,900,000 $278,923 $5,383 3.27%
PROVO-OREM, UT 2,354 $715,080,000 $303,772 $5,209 3.19%
PHOENIX-MESA-CHANDLER, AZ 2,097 $511,235,000 $243,794 $6,303 3.41%
Outside of Metro Areas 1,309 $371,885,000 $284,099 $5,761 3.26%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 1,000 $293,180,000 $293,180 $5,813 3.25%
LAS VEGAS-HENDERSON-PARADISE, NV 938 $243,450,000 $259,542 $6,402 3.31%
OGDEN-CLEARFIELD, UT 712 $185,510,000 $260,548 $5,374 3.23%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 768 $155,410,000 $202,357 $5,995 3.52%
DALLAS-PLANO-IRVING, TX 629 $140,605,000 $223,537 $7,139 3.33%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 303 $107,945,000 $356,254 $6,176 3.05%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 460 $100,110,000 $217,630 $7,062 3.31%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 427 $94,465,000 $221,230 $5,381 3.22%
DENVER-AURORA-LAKEWOOD, CO 252 $88,640,000 $351,746 $4,129 2.78%
CAPE CORAL-FORT MYERS, FL 321 $66,905,000 $208,427 $7,734 3.47%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 211 $65,175,000 $308,886 $5,854 3.19%
SEATTLE-BELLEVUE-KENT, WA 143 $64,935,000 $454,091 $10,387 3.34%
INDIANAPOLIS-CARMEL-ANDERSON, IN 290 $63,480,000 $218,897 $6,269 3.49%
ORLANDO-KISSIMMEE-SANFORD, FL 262 $57,480,000 $219,389 $6,081 4.14%
ST. GEORGE, UT 179 $54,425,000 $304,050 $4,976 3.28%
EL PASO, TX 306 $48,740,000 $159,281 $6,594 3.43%
SAN ANTONIO-NEW BRAUNFELS, TX 162 $38,740,000 $239,136 $6,335 3.17%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 161 $38,045,000 $236,304 $5,322 2.90%
URBAN HONOLULU, HI 69 $35,615,000 $516,159 $12,438 3.08%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 121 $35,515,000 $293,512 $5,490 3.29%
COLORADO SPRINGS, CO 128 $34,490,000 $269,453 $5,607 2.53%
MEMPHIS, TN-MS-AR 289 $28,955,000 $100,190 $4,378 3.82%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 91 $27,175,000 $298,626 $5,855 3.10%
LOS ANGELES-LONG BEACH-GLENDALE, CA 60 $26,450,000 $440,833 $7,560 3.26%
BALTIMORE-COLUMBIA-TOWSON, MD 123 $24,115,000 $196,057 $5,882 3.74%
LAKE HAVASU CITY-KINGMAN, AZ 107 $22,135,000 $206,869 $4,217 3.31%
COLUMBUS, OH 101 $21,885,000 $216,683 $4,765 3.34%
BROWNSVILLE-HARLINGEN, TX 111 $18,015,000 $162,297 $6,958 3.35%
KAHULUI-WAILUKU-LAHAINA, HI 25 $16,975,000 $679,000 $11,577 3.85%
TACOMA-LAKEWOOD, WA 41 $16,775,000 $409,146 $9,890 3.40%
STOCKTON, CA 33 $13,785,000 $417,727 $8,855 3.39%
CLARKSVILLE, TN-KY 64 $12,900,000 $201,563 $5,658 3.37%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 70 $12,360,000 $176,571 $5,527 3.39%
KANSAS CITY, MO-KS 110 $11,820,000 $107,455 $3,872 3.82%
PUNTA GORDA, FL 53 $11,435,000 $215,755 $6,886 3.56%
MIDLAND, TX 41 $10,465,000 $255,244 $6,669 3.25%
PRESCOTT VALLEY-PRESCOTT, AZ 38 $9,980,000 $262,632 $5,180 3.31%
ANAHEIM-SANTA ANA-IRVINE, CA 22 $9,580,000 $435,455 $6,545 3.07%
LAREDO, TX 58 $9,070,000 $156,379 $7,246 3.52%
OAKLAND-BERKELEY-LIVERMORE, CA 20 $8,840,000 $442,000 $6,720 2.86%
OCALA, FL 50 $8,840,000 $176,800 $5,668 3.61%
LAKELAND-WINTER HAVEN, FL 48 $8,830,000 $183,958 $5,694 3.71%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 23 $8,685,000 $377,609 $7,098 3.17%
HAGERSTOWN-MARTINSBURG, MD-WV 34 $8,080,000 $237,647 $5,435 3.36%
KILLEEN-TEMPLE, TX 48 $7,960,000 $165,833 $5,581 3.60%
NORTH PORT-SARASOTA-BRADENTON, FL 31 $7,795,000 $251,452 $6,044 2.94%
JOHNSON CITY, TN 48 $7,540,000 $157,083 $4,022 3.28%
BIRMINGHAM-HOOVER, AL 80 $7,280,000 $91,000 $3,598 3.79%
GREELEY, CO 22 $7,180,000 $326,364 $4,206 2.89%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 17 $6,715,000 $395,000 $5,451 3.13%
FLAGSTAFF, AZ 19 $6,525,000 $343,421 $4,001 3.16%
LOGAN, UT-ID 30 $6,520,000 $217,333 $4,465 3.27%
GARY, IN 67 $6,485,000 $96,791 $3,710 4.02%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 20 $6,220,000 $311,000 $5,394 3.48%
BOISE CITY, ID 24 $5,760,000 $240,000 $4,691 2.98%
TUCSON, AZ 24 $5,680,000 $236,667 $6,919 3.31%
WINCHESTER, VA-WV 24 $5,620,000 $234,167 $5,432 3.33%
CINCINNATI, OH-KY-IN 45 $5,585,000 $124,111 $4,121 3.99%
RICHMOND, VA 29 $5,185,000 $178,793 $5,124 3.55%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 58 $5,130,000 $88,448 $3,563 3.94%
YORK-HANOVER, PA 47 $5,105,000 $108,617 $5,006 3.85%
JACKSONVILLE, FL 29 $4,965,000 $171,207 $4,465 4.23%
FRESNO, CA 17 $4,825,000 $283,824 $5,399 3.14%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 32 $4,690,000 $146,563 $4,009 3.25%
CORPUS CHRISTI, TX 17 $4,595,000 $270,294 $5,961 3.33%
SALEM, OR 13 $4,445,000 $341,923 $8,207 3.35%
HARRISBURG-CARLISLE, PA 43 $4,405,000 $102,442 $4,953 3.95%
HUNTSVILLE, AL 27 $4,235,000 $156,852 $4,080 3.56%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 8 $4,050,000 $506,250 $5,199 2.95%
BOULDER, CO 10 $3,500,000 $350,000 $3,750 2.74%
JACKSON, MS 53 $3,445,000 $65,000 $3,973 3.99%
MIAMI-MIAMI BEACH-KENDALL, FL 14 $3,370,000 $240,714 $8,877 5.48%
MCALLEN-EDINBURG-MISSION, TX 16 $3,350,000 $209,375 $8,357 3.02%
NEW ORLEANS-METAIRIE, LA 24 $3,350,000 $139,583 $5,506 4.07%
FORT COLLINS, CO 12 $3,290,000 $274,167 $5,380 2.46%
WACO, TX 13 $3,075,000 $236,538 $5,702 3.53%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 11 $3,075,000 $279,545 $5,444 2.95%
CHICAGO-NAPERVILLE-EVANSTON, IL 17 $3,055,000 $179,706 $4,795 3.85%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 7 $3,045,000 $435,000 $5,000 3.36%
NAPLES-MARCO ISLAND, FL 12 $3,020,000 $251,667 $7,621 3.45%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 15 $3,015,000 $201,000 $4,079 3.60%
RACINE, WI 20 $2,950,000 $147,500 $3,537 3.19%
KINGSPORT-BRISTOL, TN-VA 19 $2,925,000 $153,947 $4,108 3.13%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 10 $2,890,000 $289,000 $7,247 3.12%
LONGVIEW, WA 13 $2,745,000 $211,154 $5,864 2.86%
ALBUQUERQUE, NM 10 $2,710,000 $271,000 $5,711 2.97%
ODESSA, TX 15 $2,675,000 $178,333 $5,827 3.03%
OLYMPIA-LACEY-TUMWATER, WA 8 $2,550,000 $318,750 $6,001 2.89%
OKLAHOMA CITY, OK 32 $2,510,000 $78,438 $3,908 4.16%
GRAND JUNCTION, CO 6 $2,500,000 $416,667 $8,596 3.21%
BELLINGHAM, WA 6 $2,420,000 $403,333 $6,883 2.83%
MORRISTOWN, TN 16 $2,320,000 $145,000 $5,907 3.31%
RALEIGH-CARY, NC 7 $2,205,000 $315,000 $3,066 3.82%
IDAHO FALLS, ID 11 $2,115,000 $192,273 $4,370 3.36%
DAYTON-KETTERING, OH 19 $2,025,000 $106,579 $4,552 3.91%
COEUR D'ALENE, ID 8 $2,000,000 $250,000 $4,842 2.56%
ST. LOUIS, MO-IL 23 $1,945,000 $84,565 $3,571 3.72%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 9 $1,935,000 $215,000 $4,701 3.67%
EUGENE-SPRINGFIELD, OR 8 $1,900,000 $237,500 $8,158 4.44%
MONTGOMERY, AL 22 $1,830,000 $83,182 $3,734 3.92%
SPOKANE-SPOKANE VALLEY, WA 6 $1,800,000 $300,000 $4,776 3.46%
BEND, OR 4 $1,800,000 $450,000 $12,645 3.68%
LAS CRUCES, NM 10 $1,650,000 $165,000 $5,446 3.41%
RENO, NV 4 $1,630,000 $407,500 $8,113 2.97%
PALM BAY-MELBOURNE-TITUSVILLE, FL 11 $1,575,000 $143,182 $4,684 3.30%
OXNARD-THOUSAND OAKS-VENTURA, CA 4 $1,440,000 $360,000 $6,422 3.09%
COLLEGE STATION-BRYAN, TX 6 $1,430,000 $238,333 $4,663 3.48%
MERCED, CA 5 $1,425,000 $285,000 $6,532 3.80%
SHERMAN-DENISON, TX 9 $1,415,000 $157,222 $6,252 3.42%
NEWARK, NJ-PA 4 $1,410,000 $352,500 $7,390 3.16%
HAMMOND, LA 7 $1,375,000 $196,429 $6,142 3.14%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 4 $1,370,000 $342,500 $4,462 3.00%
VALLEJO, CA 4 $1,330,000 $332,500 $5,218 2.88%
CLEVELAND-ELYRIA, OH 17 $1,315,000 $77,353 $4,025 4.02%
MILWAUKEE-WAUKESHA, WI 8 $1,260,000 $157,500 $5,698 3.06%
DETROIT-DEARBORN-LIVONIA, MI 14 $1,230,000 $87,857 $3,892 3.77%
MODESTO, CA 5 $1,185,000 $237,000 $5,878 3.15%
PHILADELPHIA, PA 6 $1,150,000 $191,667 $5,553 3.33%
HOMOSASSA SPRINGS, FL 4 $1,140,000 $285,000 $7,255 3.16%
SIERRA VISTA-DOUGLAS, AZ 6 $1,060,000 $176,667 $4,919 2.79%
POCATELLO, ID 5 $1,045,000 $209,000 $4,082 3.32%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 7 $1,005,000 $143,571 $3,670 3.84%
BAKERSFIELD, CA 4 $930,000 $232,500 $8,648 2.81%
ABILENE, TX 5 $925,000 $185,000 $5,707 3.58%
PORT ST. LUCIE, FL 5 $905,000 $181,000 $5,537 3.38%
SALISBURY, MD-DE 3 $875,000 $291,667 $4,519 2.87%
WILMINGTON, DE-MD-NJ 2 $870,000 $435,000 $8,745 2.88%
TWIN FALLS, ID 4 $810,000 $202,500 $5,144 3.06%
BEAUMONT-PORT ARTHUR, TX 5 $805,000 $161,000 $5,271 3.32%
HOUMA-THIBODAUX, LA 5 $805,000 $161,000 $6,293 3.83%
TYLER, TX 2 $790,000 $395,000 $7,857 3.50%
GAINESVILLE, FL 5 $785,000 $157,000 $5,302 3.02%
DAPHNE-FAIRHOPE-FOLEY, AL 2 $750,000 $375,000 $3,521 2.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 4 $740,000 $185,000 $6,619 3.68%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 2 $740,000 $370,000 $7,013 3.19%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 2 $720,000 $360,000 $7,434 3.12%
SAN RAFAEL, CA 2 $690,000 $345,000 $2,963 3.00%
PITTSBURGH, PA 5 $685,000 $137,000 $3,932 3.10%
SHEBOYGAN, WI 2 $680,000 $340,000 $2,223 3.19%
ALBANY-LEBANON, OR 2 $670,000 $335,000 $10,910 2.94%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 2 $650,000 $325,000 $3,898 2.94%
SAN ANGELO, TX 2 $630,000 $315,000 $8,169 3.25%
GADSDEN, AL 1 $615,000 $615,000 $3,328 3.13%
AUGUSTA-RICHMOND COUNTY, GA-SC 4 $610,000 $152,500 $5,491 3.34%
JONESBORO, AR 3 $605,000 $201,667 $4,056 2.25%
PUEBLO, CO 3 $555,000 $185,000 $2,500 3.00%
SALINAS, CA 2 $550,000 $275,000 $6,013 3.19%
DURHAM-CHAPEL HILL, NC 3 $545,000 $181,667 $3,216 3.95%
VICTORIA, TX 3 $545,000 $181,667 $5,361 2.96%
YUMA, AZ 3 $525,000 $175,000 $6,252 3.04%
GREENVILLE-ANDERSON, SC 4 $480,000 $120,000 $4,772 4.91%
TULSA, OK 2 $460,000 $230,000 $4,443 3.25%
KNOXVILLE, TN 3 $455,000 $151,667 $3,545 3.46%
FORT SMITH, AR-OK 2 $450,000 $225,000 $2,906 3.50%
COLUMBIA, SC 2 $410,000 $205,000 $6,752 3.75%
AMES, IA 1 $395,000 $395,000 $2,400 3.50%
MADISON, WI 1 $375,000 $375,000 $3,329 2.63%
BRIDGEPORT-STAMFORD-NORWALK, CT 2 $360,000 $180,000 $3,675 3.50%
COLUMBUS, GA-AL 5 $345,000 $69,000 $3,652 3.82%
SANTA MARIA-SANTA BARBARA, CA 1 $315,000 $315,000 $8,236 3.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 1 $315,000 $315,000 $7,611 3.00%
LONGVIEW, TX 2 $300,000 $150,000 $6,726 3.56%
WILMINGTON, NC 1 $295,000 $295,000 $8,300 2.50%
SANTA ROSA-PETALUMA, CA 1 $295,000 $295,000 $3,439 3.38%
LAFAYETTE-WEST LAFAYETTE, IN 1 $295,000 $295,000 $4,938 3.00%
MADERA, CA 2 $290,000 $145,000 $3,659 3.44%
WICHITA FALLS, TX 1 $285,000 $285,000 $14,587 2.13%
JACKSON, TN 1 $285,000 $285,000 $3,833 2.88%
SCRANTON--WILKES-BARRE, PA 1 $285,000 $285,000 $5,597 2.75%
DES MOINES-WEST DES MOINES, IA 3 $285,000 $95,000 $4,257 3.42%
GREENSBORO-HIGH POINT, NC 4 $280,000 $70,000 $2,856 3.75%
ANN ARBOR, MI 1 $275,000 $275,000 $3,255 3.50%
YUBA CITY, CA 1 $265,000 $265,000 $4,578 2.38%
CORVALLIS, OR 1 $265,000 $265,000 $5,327 5.00%
AKRON, OH 2 $260,000 $130,000 $4,105 3.25%
VALDOSTA, GA 1 $255,000 $255,000 $3,133 4.75%
MORGANTOWN, WV 1 $255,000 $255,000 $11,260 2.25%
BILLINGS, MT 1 $255,000 $255,000 $4,460 3.25%
CARBONDALE-MARION, IL 2 $250,000 $125,000 $4,138 3.13%
PANAMA CITY, FL 1 $245,000 $245,000 $7,721 2.25%
TOLEDO, OH 3 $245,000 $81,667 $4,105 3.79%
PEORIA, IL 2 $240,000 $120,000 $3,438 3.50%
GRAND RAPIDS-KENTWOOD, MI 1 $235,000 $235,000 $3,252 3.38%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 1 $235,000 $235,000 $3,320 2.25%
REDDING, CA 1 $235,000 $235,000 $3,396 3.63%
LANSING-EAST LANSING, MI 1 $225,000 $225,000 $1,980 2.63%
HINESVILLE, GA 1 $225,000 $225,000 $2,778 2.75%
HILTON HEAD ISLAND-BLUFFTON, SC 1 $225,000 $225,000 $7,744 3.63%
CHARLOTTESVILLE, VA 1 $225,000 $225,000 $5,698 2.63%
SAVANNAH, GA 1 $225,000 $225,000 $4,301 3.00%
ELGIN, IL 1 $225,000 $225,000 $2,338 2.50%
AUBURN-OPELIKA, AL 2 $220,000 $110,000 $2,610 3.25%
SEBASTIAN-VERO BEACH, FL 1 $205,000 $205,000 $4,125 3.13%
MANHATTAN, KS 1 $205,000 $205,000 $1,135 2.63%
ROANOKE, VA 1 $205,000 $205,000 $3,644 3.00%
MACON-BIBB COUNTY, GA 1 $195,000 $195,000 $3,490 4.13%
DECATUR, IL 1 $185,000 $185,000 $1,988 3.00%
OSHKOSH-NEENAH, WI 3 $175,000 $58,333 $3,871 4.17%
WENATCHEE, WA 1 $175,000 $175,000 $2,779 2.75%
IOWA CITY, IA 1 $175,000 $175,000 $2,987 3.50%
STAUNTON, VA 1 $165,000 $165,000 $2,456 3.50%
LYNCHBURG, VA 1 $165,000 $165,000 $2,508 3.25%
SPARTANBURG, SC 1 $155,000 $155,000 $6,388 4.00%
GRAND FORKS, ND-MN 1 $155,000 $155,000 $3,754 4.13%
MICHIGAN CITY-LA PORTE, IN 2 $150,000 $75,000 $4,283 4.06%
WARREN-TROY-FARMINGTON HILLS, MI 2 $150,000 $75,000 $3,426 3.50%
KOKOMO, IN 2 $150,000 $75,000 $3,179 3.50%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 1 $145,000 $145,000 $4,713 3.00%
SEBRING-AVON PARK, FL 1 $145,000 $145,000 $3,959 3.99%
SPRINGFIELD, MO 1 $145,000 $145,000 $3,827 2.75%
BATON ROUGE, LA 1 $145,000 $145,000 $6,327 3.88%
VISALIA, CA 1 $135,000 $135,000 $2,470 2.88%
GREAT FALLS, MT 1 $135,000 $135,000 $2,680 2.88%
AMARILLO, TX 1 $135,000 $135,000 $6,065 4.00%
ROCKFORD, IL 1 $135,000 $135,000 $5,333 2.75%
TEXARKANA, TX-AR 1 $135,000 $135,000 $6,364 3.75%
TALLAHASSEE, FL 1 $135,000 $135,000 $0 8.99%
CHATTANOOGA, TN-GA 1 $125,000 $125,000 $4,946 3.50%
PINE BLUFF, AR 1 $125,000 $125,000 $4,661 2.75%
GREENVILLE, NC 1 $125,000 $125,000 $3,064 3.50%
WAUSAU-WESTON, WI 1 $105,000 $105,000 $2,885 4.38%
SPRINGFIELD, OH 1 $105,000 $105,000 $3,163 2.63%
LANCASTER, PA 1 $105,000 $105,000 $5,255 4.49%
TUSCALOOSA, AL 1 $85,000 $85,000 $4,034 4.13%
FAYETTEVILLE, NC 1 $85,000 $85,000 $3,956 3.37%
JACKSONVILLE, NC 1 $85,000 $85,000 $3,840 3.63%
LAFAYETTE, LA 1 $85,000 $85,000 $2,976 2.88%
CHAMPAIGN-URBANA, IL 1 $85,000 $85,000 $4,695 3.38%
SOUTH BEND-MISHAWAKA, IN-MI 1 $75,000 $75,000 $3,436 3.99%
MUNCIE, IN 1 $75,000 $75,000 $3,646 3.63%
DECATUR, AL 1 $65,000 $65,000 $3,542 4.12%
CUMBERLAND, MD-WV 1 $65,000 $65,000 $4,093 3.63%
NEW HAVEN-MILFORD, CT 1 $65,000 $65,000 $3,540 4.75%
FORT WAYNE, IN 1 $55,000 $55,000 $2,665 3.50%
CASPER, WY 1 $55,000 $55,000 $3,011 3.88%

Securitynational Mortgage Company's top markets include Salt Lake City, Provo, Phoenix, Austin, and Las Vegas among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 9,067 $2,339,025,000 $257,971
2.5-3% 7,206 $2,038,930,000 $282,949
<2.5% 2,173 $611,465,000 $281,392
4-5% 1,928 $342,370,000 $177,578
5-6% 341 $32,295,000 $94,707
6-7% 165 $32,395,000 $196,333
7-8% 103 $11,745,000 $114,029
Over 8% 42 $10,370,000 $246,905

During 2020, Securitynational Mortgage Company's average interest rate was 3.34%, while their most frequently originated rate bucket was 3-4%, with 9,067 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 10,968 $3,104,590,000 $283,059 $6,439 3.19%
$100k-200k 5,412 $840,360,000 $155,277 $4,790 3.41%
$400k-600k 2,463 $1,156,055,000 $469,369 $6,678 3.10%
$100,000 or less 1,913 $106,425,000 $55,633 $2,626 4.14%
$600k-1MM 238 $168,590,000 $708,361 $11,710 3.39%
$1MM+ 34 $43,280,000 $1,272,941 $20,226 4.33%

2020 saw Securitynational Mortgage Company place emphasis on $200k-400k loans with 10,968 originations, totaling $3,104,590,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 6,027 $1,384,975,000 $229,795 $6,125 3.35%
$100k-150k 3,946 $1,171,160,000 $296,797 $5,550 3.26%
$50k or less 3,904 $739,730,000 $189,480 $5,534 3.40%
$75k-100k 3,857 $1,028,075,000 $266,548 $5,971 3.28%
$150k-250k 2,305 $737,295,000 $319,868 $5,311 3.29%
$250k+ 989 $358,065,000 $362,048 $5,832 3.39%

Securitynational Mortgage Company lent most frequently to those with incomes in the $50k-75k range, with 6,027 originations. The second most popular income band? $100k-150k, with 3,946 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,467 $911,725,000 $262,972 $4,694 3.17%
30-36% 3,453 $906,485,000 $262,521 $5,333 3.29%
<20% 1,277 $318,135,000 $249,127 $4,235 3.16%
50-60% 1,268 $318,110,000 $250,875 $9,546 3.31%
44% 1,168 $300,220,000 $257,038 $6,300 3.40%
43% 974 $247,330,000 $253,932 $5,933 3.42%
42% 921 $238,355,000 $258,800 $6,016 3.43%
41% 867 $225,745,000 $260,375 $5,847 3.42%
40% 819 $212,285,000 $259,200 $5,651 3.37%
38% 787 $200,305,000 $254,517 $5,682 3.36%
39% 784 $206,820,000 $263,801 $5,794 3.37%
45% 740 $178,630,000 $241,392 $6,013 3.37%
49% 737 $190,295,000 $258,202 $6,863 3.36%
37% 718 $177,270,000 $246,894 $5,536 3.37%
36% 708 $188,860,000 $266,751 $5,574 3.28%
47% 627 $157,285,000 $250,853 $6,444 3.32%
48% 585 $141,665,000 $242,162 $6,569 3.39%
46% 578 $141,080,000 $244,083 $6,190 3.39%
>60% 11 $2,855,000 $259,545 $10,149 4.09%

Securitynational Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 3,467 originations. The next most common DTI ratio? 30-36%, with 3,453 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 16,610 $4,257,010,000 $256,292 $5,674 3.31%
Not provided 1,744 $438,680,000 $251,537 $5,213 3.34%
Asian 1,386 $412,840,000 $297,864 $6,632 3.38%
Black 1,020 $242,010,000 $237,265 $7,145 3.37%
Native Hawaiian 147 $42,935,000 $292,075 $6,679 3.37%
American Indian 89 $19,845,000 $222,978 $5,941 3.36%
Asian Indian 13 $2,815,000 $216,538 $4,747 3.57%
Other Asian 9 $1,405,000 $156,111 $4,762 3.50%
Other Pacific Islander 4 $820,000 $205,000 $4,338 3.81%
Chinese 3 $715,000 $238,333 $7,181 3.83%
Vietnamese 2 $140,000 $70,000 $3,276 4.12%
Filipino 1 $85,000 $85,000 $4,411 3.88%

Approval Rates

Total approvals of all applications
95.53%

Securitynational Mortgage Company 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
57.41%

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
0.0 1 $85,000 $85,000
17863.13 1 $205,000 $205,000
17999.56 1 $215,000 $215,000
19446.0 1 $225,000 $225,000
21833.0 1 $305,000 $305,000
4700.0 1 $55,000 $55,000
4780.0 1 $55,000 $55,000
61387.2 1 $695,000 $695,000
8681.74 1 $105,000 $105,000
NA 21,019 $5,417,355,000 $257,736

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 152 $25,830,000 $169,934
Single Family (1-4 Units):Site-Built 20,876 $5,393,470,000 $258,357

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 617 $108,905,000 $176,507 $3,524 2.96%
40-60% 2,361 $583,825,000 $247,279 $3,995 3.01%
60-80% 7,245 $1,929,605,000 $266,336 $4,760 3.41%
80-100% 9,908 $2,717,550,000 $274,278 $7,310 3.27%
Over 100% 182 $63,510,000 $348,956 $13,077 2.87%
Under 20% 715 $15,905,000 $22,245 $509 4.75%