Ranlife Mortgage Rates, Fees & Info
SANDY, UTLEI: 549300W1HU6IVVIEJ389
Tax ID: 87-0682600
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Mortgage Data
Review & Overview
Ranlife is a smaller mortgage company specializing in Refi and Home Purchase loans. Ranlife 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: Salt Lake City, Ogden, Provo, St. George, and Portland among others. We have data for 172 markets. (Some data included below & more in-depth data is available with an active subscription.)Ranlife 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. Ranlife is typically an average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.91% | 4/14/24 |
| 30 Year Conventional Refi | 6.63% | 4/14/24 |
| 30 Year Cash-out Refi | 6.83% | 4/14/24 |
| 30 Year FHA Purchase | 7.47% | 4/14/24 |
| 30 Year FHA Refi | 7.18% | 4/14/24 |
| 30 Year VA Purchase | 6.29% | 4/14/24 |
| 30 Year VA Refi | 5.99% | 4/14/24 |
| 30 Year USDA Purchase | 6.98% | 4/14/24 |
| 30 Year USDA Refi | 6.94% | 4/14/24 |
| 15 Year Conventional Purchase | 6.83% | 4/14/24 |
| 15 Year Conventional Refi | 6.31% | 4/14/24 |
| 15 Year Cash-out Refi | 6.31% | 4/14/24 |
| 15 Year VA Purchase | 6.01% | 4/14/24 |
| 15 Year VA Refi | 5.68% | 4/14/24 |
| 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. | ||
Ranlife Mortgage Calculator
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This is not an official calculator from Ranlife. 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
3,528Origination Dollar Volume (All Markets)
$964,930,000Awards
RANLIFE - 2020
RANLIFE is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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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) | 1,425 | $399,505,000 | $280,354 | $5,642 | 3.21% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 632 | $174,000,000 | $275,316 | $5,703 | 3.20% |
| PROVO-OREM, UT (FHA|USDA|VA) | 420 | $122,270,000 | $291,119 | $5,764 | 3.16% |
| Outside of Metro Areas | 128 | $27,140,000 | $212,031 | $5,544 | 3.34% |
| ST. GEORGE, UT (FHA|USDA|VA) | 66 | $16,100,000 | $243,939 | $4,542 | 3.38% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 44 | $15,040,000 | $341,818 | $7,478 | 3.12% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 26 | $13,000,000 | $500,000 | $8,273 | 3.43% |
| Heber, UT (FHA|USDA|VA) | 28 | $10,820,000 | $386,429 | $5,711 | 3.19% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 28 | $10,230,000 | $365,357 | $8,402 | 3.20% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 34 | $8,260,000 | $242,941 | $6,204 | 3.11% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 25 | $7,185,000 | $287,400 | $4,114 | 3.10% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 17 | $6,595,000 | $387,941 | $7,212 | 3.13% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 21 | $6,025,000 | $286,905 | $6,890 | 3.23% |
| BEND, OR (FHA|USDA|VA) | 21 | $5,465,000 | $260,238 | $6,276 | 3.30% |
| LOGAN, UT-ID (FHA|USDA|VA) | 24 | $5,450,000 | $227,083 | $5,705 | 2.97% |
| FRESNO, CA (FHA|USDA|VA) | 20 | $5,130,000 | $256,500 | $6,128 | 3.15% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 20 | $4,970,000 | $248,500 | $6,284 | 3.26% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 16 | $4,900,000 | $306,250 | $6,551 | 3.27% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 18 | $4,560,000 | $253,333 | $4,535 | 3.57% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 21 | $4,495,000 | $214,048 | $6,006 | 3.33% |
| RICHMOND, VA (FHA|USDA|VA) | 18 | $4,380,000 | $243,333 | $6,975 | 3.31% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 9 | $3,625,000 | $402,778 | $5,431 | 2.97% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 9 | $3,565,000 | $396,111 | $7,661 | 3.04% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 16 | $3,540,000 | $221,250 | $6,891 | 3.29% |
| BELLINGHAM, WA (FHA|USDA|VA) | 11 | $3,435,000 | $312,273 | $4,687 | 2.69% |
| Lake City, FL (FHA|USDA|VA) | 21 | $3,305,000 | $157,381 | $5,460 | 3.31% |
| SALEM, OR (FHA|USDA|VA) | 11 | $3,135,000 | $285,000 | $6,389 | 2.93% |
| Vernal, UT (FHA|USDA|VA) | 13 | $3,105,000 | $238,846 | $5,127 | 2.91% |
| BOISE CITY, ID (FHA|USDA|VA) | 11 | $2,735,000 | $248,636 | $6,629 | 3.18% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 10 | $2,600,000 | $260,000 | $6,242 | 2.93% |
| Cedar City, UT (FHA|USDA|VA) | 14 | $2,530,000 | $180,714 | $4,777 | 3.24% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 10 | $2,270,000 | $227,000 | $6,626 | 3.23% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 9 | $1,955,000 | $217,222 | $5,720 | 3.24% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 5 | $1,925,000 | $385,000 | $5,768 | 3.27% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $1,885,000 | $628,333 | $5,755 | 3.29% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 7 | $1,805,000 | $257,857 | $6,673 | 3.18% |
| Port Angeles, WA (FHA|USDA|VA) | 10 | $1,800,000 | $180,000 | $4,453 | 3.40% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 7 | $1,785,000 | $255,000 | $6,194 | 3.11% |
| Roseburg, OR (FHA|USDA|VA) | 8 | $1,770,000 | $221,250 | $7,729 | 3.12% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 7 | $1,765,000 | $252,143 | $8,762 | 3.16% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $6,817 | 2.98% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 10 | $1,590,000 | $159,000 | $5,670 | 4.09% |
| MODESTO, CA (FHA|USDA|VA) | 5 | $1,435,000 | $287,000 | $6,763 | 3.30% |
| SANTA FE, NM (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $4,503 | 3.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 6 | $1,280,000 | $213,333 | $6,305 | 3.46% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $5,304 | 2.90% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 6 | $1,250,000 | $208,333 | $3,824 | 3.27% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $3,803 | 3.34% |
| YUBA CITY, CA (FHA|USDA|VA) | 5 | $1,195,000 | $239,000 | $7,096 | 3.53% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $5,097 | 2.97% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 5 | $1,075,000 | $215,000 | $7,157 | 3.17% |
| Burley, ID (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $4,489 | 3.16% |
| YAKIMA, WA (FHA|USDA|VA) | 4 | $1,050,000 | $262,500 | $7,073 | 3.41% |
| GREELEY, CO (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $6,066 | 3.28% |
| ROANOKE, VA (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $6,638 | 3.09% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $7,807 | 2.88% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 5 | $945,000 | $189,000 | $5,368 | 3.03% |
| Price, UT (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $9,721 | 4.09% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $5,850 | 3.25% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $9,523 | 3.25% |
| KNOXVILLE, TN (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $3,646 | 3.00% |
| LONGVIEW, WA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $5,371 | 3.38% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $7,330 | 3.08% |
| MEDFORD, OR (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $10,373 | 3.12% |
| Ontario, OR-ID (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $3,639 | 2.97% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $5,429 | 3.58% |
| Pampa, TX (FHA|USDA|VA) | 7 | $745,000 | $106,429 | $5,645 | 3.59% |
| Centralia, WA (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $6,816 | 3.34% |
| Rexburg, ID (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $6,960 | 3.08% |
| Pullman, WA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $6,427 | 3.08% |
| Moscow, ID (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $4,492 | 3.22% |
| Blackfoot, ID (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $6,327 | 3.66% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $8,158 | 3.38% |
| Shelbyville, TN (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,834 | 3.63% |
| CHICO, CA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $6,255 | 4.21% |
| Prineville, OR (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $6,463 | 3.21% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,796 | 3.25% |
| FARMINGTON, NM (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $3,368 | 2.94% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $6,723 | 3.08% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,852 | 2.63% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $10,995 | 3.88% |
| Coos Bay, OR (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $8,052 | 3.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,552 | 3.06% |
| MERCED, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,985 | 3.13% |
| TWIN FALLS, ID (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $5,015 | 3.50% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $6,538 | 3.75% |
| AMARILLO, TX (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $7,396 | 3.21% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $8,349 | 3.68% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,655 | 3.38% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,322 | 2.75% |
| Aberdeen, WA (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $6,266 | 2.92% |
| Othello, WA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,209 | 3.00% |
| Nogales, AZ (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,060 | 3.50% |
| WALLA WALLA, WA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $7,000 | 3.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $4,311 | 2.88% |
| Shelton, WA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,704 | 3.21% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,831 | 4.25% |
| Granbury, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,760 | 3.38% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,097 | 3.31% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $6,472 | 3.94% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $6,632 | 3.88% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $7,181 | 3.17% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $5,853 | 3.08% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,862 | 3.13% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,124 | 3.00% |
| Bluefield, WV-VA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,134 | 3.06% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $12,107 | 3.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,336 | 3.94% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,032 | 2.88% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $5,789 | 3.19% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,087 | 3.56% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,101 | 2.75% |
| WACO, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,260 | 3.38% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,581 | 3.31% |
| KOKOMO, IN (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,766 | 4.56% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,294 | 3.75% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,941 | 3.25% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,744 | 2.75% |
| NAPA, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,849 | 2.63% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,265 | 2.50% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $10,903 | 2.88% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,963 | 3.00% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,208 | 3.25% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,094 | 3.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,854 | 3.63% |
| Taos, NM (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,333 | 2.75% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,194 | 3.13% |
| Brookings, OR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,989 | 3.75% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,846 | 2.88% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,939 | 3.75% |
| JACKSON, TN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,543 | 3.81% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,221 | 2.75% |
| Outside of Metro Areas | 2 | $200,000 | $100,000 | $2,677 | 3.19% |
| Auburn, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,968 | 2.25% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,594 | 2.88% |
| Susanville, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,547 | 3.75% |
| Montrose, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,356 | 2.38% |
| Danville, VA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,627 | 3.50% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,705 | 2.75% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,543 | 3.63% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,632 | 2.75% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,784 | 2.87% |
| Bonham, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,928 | 3.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,678 | 2.99% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,472 | 3.13% |
| Athens, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,502 | 2.25% |
| MADERA, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,961 | 3.50% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,670 | 4.50% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,515 | 3.75% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,703 | 2.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,541 | 3.75% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,269 | 3.75% |
| Bedford, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,647 | 2.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,447 | 2.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,401 | 2.75% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,664 | 5.50% |
| Martin, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,043 | 2.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,495 | 3.38% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,896 | 2.75% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,964 | 2.75% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,071 | 3.50% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,200 | 2.88% |
| Pontiac, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,541 | 2.75% |
| Deming, NM (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,985 | 3.63% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,054 | 3.75% |
| Clovis, NM (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,770 | 3.50% |
| Las Vegas, NM (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,770 | 3.88% |
| Seymour, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,536 | 2.75% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $7,151 | 4.38% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,769 | 3.50% |
| Dayton, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,396 | 3.75% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,692 | 5.88% |
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Product Mix
For 2020, Ranlife's most frequently originated type of loan was Conventional, with 2,431 originations. Their 2nd most popular type was FHA, with 770 originations.
Loan Reason
For 2020, Ranlife's most frequently cited loan purpose was Refi, with 1,898 originations. The 2nd most popular reason was Home Purchase, with 1,045 originations.
Loan Duration/Length
For 2020, Ranlife's most frequently cited loan duration was 30 Year, with 3,079 originations. The 2nd most popular length was 15 Year, with 227 originations.
Origination Fees/Closing Costs
Ranlife's average total fees were $5,990, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,599 originations.
Interest Rates
During 2020, Ranlife's average interest rate for loans was 3.28%, while their most frequently originated rate bucket for loans was 3-4%, with 1,525 originations.
Loan Sizing
2020 saw Ranlife place emphasis on $200k-400k loans with 2,203 originations, totaling $630,575,000 in origination value.
Applicant Income
Ranlife lent most frequently to those with incomes in the $50k-75k range, with 1,004 originations. The second most popular income band? $50k or less, with 889 originations.
Applicant Debt to Income Ratio
Ranlife lent most frequently to those with DTI ratios of 20-30%, with 609 originations. The next most common DTI ratio? <20%, with 589 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.81%
Ranlife has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination69.50%
Ranlife 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 | 3,528 | $964,930,000 | $273,506 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 86 | $15,020,000 | $174,651 |
| Single Family (1-4 Units):Site-Built | 3,442 | $949,910,000 | $275,976 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| RANLife, Inc. | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| RANLife, Inc. | FHA mortgage | Trouble during payment process | 2 | 66.7% |