F&b Acquisition Group Mortgage Rates, Fees & Info
Saint Louis, MOLEI: 549300VSL5DFXBM1II56
Tax ID: 20-4514405
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Mortgage Data
Review & Overview
F&b Acquisition Group is a smaller mortgage company specializing in Home Purchase and Refi loans. F&b Acquisition 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: St. Louis, Orlando, Riverside, Kansas City, and San Francisco among others. We have data for 24 markets. (Some data included below & more in-depth data is available with an active subscription.)F&b Acquisition 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. F&b Acquisition 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.41% | 11/22/24 |
| 30 Year Conventional Refi | 6.22% | 11/22/24 |
| 30 Year Cash-out Refi | 6.38% | 11/22/24 |
| 30 Year FHA Purchase | 7.18% | 11/22/24 |
| 30 Year VA Purchase | 6.05% | 11/22/24 |
| 30 Year VA Refi | 6.06% | 11/22/24 |
| 30 Year USDA Purchase | 6.73% | 11/22/24 |
| 15 Year Conventional Purchase | 5.89% | 11/22/24 |
| 15 Year Conventional Refi | 5.87% | 11/22/24 |
| 15 Year Cash-out Refi | 5.87% | 11/22/24 |
| 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. | ||
F&b Acquisition Group Mortgage Calculator
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This is not an official calculator from F&b Acquisition 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
1,261Origination Dollar Volume (All Markets)
$306,175,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1,178 | $280,790,000 | $238,362 | $3,297 | 4.20% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 23 | $7,245,000 | $315,000 | $4,987 | 4.48% |
| Outside of Metro Areas | 19 | $4,545,000 | $239,211 | $3,765 | 4.36% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $1,830,000 | $457,500 | $3,581 | 3.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $1,570,000 | $261,667 | $3,135 | 4.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,260,000 | $630,000 | $2,749 | 4.81% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $4,995 | 3.92% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $2,902 | 4.13% |
| COLUMBIA, MO (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $4,244 | 4.25% |
| GREELEY, CO (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,921 | 4.17% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $3,665 | 4.38% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $2,569 | 3.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $6,397 | 4.44% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $5,149 | 4.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $5,042 | 3.88% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,094 | 4.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $3,144 | 3.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,826 | 4.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,490 | 4.63% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,421 | 4.13% |
| Effingham, IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,994 | 4.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,684 | 5.25% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,236 | 4.38% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,464 | 4.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against F&B Acquisition 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 2019, F&b Acquisition Group's most frequently originated type of loan was Conventional, with 1,113 originations. Their 2nd most popular type was FHA, with 100 originations.
Loan Reason
For 2019, F&b Acquisition Group's most frequently cited loan purpose was Home Purchase, with 761 originations. The 2nd most popular reason was Refi, with 364 originations.
Loan Duration/Length
For 2019, F&b Acquisition Group's most frequently cited loan duration was 30 Year, with 1,094 originations. The 2nd most popular length was 15 Year, with 99 originations.
Origination Fees/Closing Costs
F&b Acquisition Group's average total fees were $3,445, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 816 originations.
Interest Rates
During 2019, F&b Acquisition Group's average interest rate for loans was 4.24%, while their most frequently originated rate bucket for loans was 3-4%, with 626 originations.
Loan Sizing
2019 saw F&b Acquisition Group place emphasis on $200k-400k loans with 526 originations, totaling $143,650,000 in origination value.
Applicant Income
F&b Acquisition Group lent most frequently to those with incomes in the $100k-150k range, with 288 originations. The second most popular income band? $50k-75k, with 269 originations.
Applicant Debt to Income Ratio
F&b Acquisition Group lent most frequently to those with DTI ratios of 20-30%, with 326 originations. The next most common DTI ratio? 30-36%, with 227 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.82%
F&b Acquisition 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 origination86.44%
F&b Acquisition Group has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,261 | $306,175,000 | $242,803 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 1 | $375,000 | $375,000 |
| Single Family (1-4 Units):Site-Built | 1,260 | $305,800,000 | $242,698 |