F&b Acquisition Group Mortgage Rates, Fees & Info
Saint Louis, MOLEI: 549300VSL5DFXBM1II56
Tax ID: 20-4514405
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
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 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: St. Louis, Orlando, Kansas City, Chicago, and Fort Collins among others. We have data for 30 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.
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 | 6.41% | 4/21/24 |
| 30 Year Conventional Refi | 6.22% | 4/21/24 |
| 30 Year Cash-out Refi | 6.38% | 4/21/24 |
| 30 Year FHA Purchase | 7.18% | 4/21/24 |
| 30 Year VA Purchase | 6.05% | 4/21/24 |
| 30 Year VA Refi | 6.06% | 4/21/24 |
| 30 Year USDA Purchase | 6.73% | 4/21/24 |
| 15 Year Conventional Purchase | 5.89% | 4/21/24 |
| 15 Year Conventional Refi | 5.87% | 4/21/24 |
| 15 Year Cash-out Refi | 5.87% | 4/21/24 |
| 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
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from F&b Acquisition Group. 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
1,625Origination Dollar Volume (All Markets)
$407,955,000Awards
F&B Acquisition Group - 2021
F&B Acquisition Group is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for F&B Acquisition Group?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1,537 | $382,725,000 | $249,008 | $2,847 | 3.02% |
| Outside of Metro Areas | 23 | $4,675,000 | $203,261 | $2,467 | 2.89% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 12 | $4,540,000 | $378,333 | $4,156 | 3.06% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $1,890,000 | $315,000 | $2,514 | 2.94% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $1,785,000 | $357,000 | $5,736 | 3.05% |
| FORT COLLINS, CO (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $2,811 | 3.21% |
| THE VILLAGES, FL (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $4,512 | 3.08% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $3,199 | 3.31% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $4,971 | 2.50% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $3,447 | 3.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $3,181 | 3.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $5,771 | 3.08% |
| Rolla, MO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $2,681 | 3.13% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,183 | 2.88% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $2,969 | 2.75% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,061 | 2.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,821 | 2.50% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,268 | 2.75% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,476 | 2.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,751 | 3.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,291 | 3.50% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,606 | 3.13% |
| Branson, MO (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $2,479 | 3.31% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $1,952 | 3.38% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,094 | 2.63% |
| Farmington, MO (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $2,903 | 3.13% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $994 | 2.38% |
| Effingham, IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,547 | 2.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,677 | 2.75% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,974 | 3.38% |
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.
Similarity Rank: 328
Similarity Rank: 370
Similarity Rank: 552
Similarity Rank: 627
Similarity Rank: 725
Similarity Rank: 910
Similarity Rank: 938
Similarity Rank: 1010
Similarity Rank: 1050
Similarity Rank: 1102
Product Mix
For 2021, F&b Acquisition Group's most frequently originated type of loan was Conventional, with 1,526 originations. Their 2nd most popular type was FHA, with 68 originations.
Loan Reason
For 2021, F&b Acquisition Group's most frequently cited loan purpose was Home Purchase, with 743 originations. The 2nd most popular reason was Refi, with 647 originations.
Loan Duration/Length
For 2021, F&b Acquisition Group's most frequently cited loan duration was 30 Year, with 1,279 originations. The 2nd most popular length was 15 Year, with 180 originations.
Origination Fees/Closing Costs
F&b Acquisition Group's average total fees were $3,082, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 753 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 822 | $216,080,000 | $262,871 |
| 3-4% | 648 | $151,150,000 | $233,256 |
| <2.5% | 134 | $36,370,000 | $271,418 |
| 4-5% | 21 | $4,355,000 | $207,381 |
During 2021, F&b Acquisition Group's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 2.5-3%, with 822 originations.
Loan Sizing
2021 saw F&b Acquisition Group place emphasis on $200k-400k loans with 767 originations, totaling $210,825,000 in origination value.
Applicant Income
F&b Acquisition Group lent most frequently to those with incomes in the $100k-150k range, with 421 originations. The second most popular income band? $50k-75k, with 349 originations.
Applicant Debt to Income Ratio
F&b Acquisition Group lent most frequently to those with DTI ratios of 20-30%, with 497 originations. The next most common DTI ratio? 30-36%, with 352 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.95%
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 origination89.72%
F&b Acquisition Group has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,625 | $407,955,000 | $251,049 |