Ranlife Mortgage Rates, Fees & Info

SANDY, UT

LEI: 549300W1HU6IVVIEJ389

Tax ID: 87-0682600

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

Review & Overview

Ranlife is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi 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 171 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.

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	6.91%	4/18/24
30 Year Conventional Refi	6.63%	4/18/24
30 Year Cash-out Refi	6.83%	4/18/24
30 Year FHA Purchase	7.47%	4/18/24
30 Year FHA Refi	7.18%	4/18/24
30 Year VA Purchase	6.29%	4/18/24
30 Year VA Refi	5.99%	4/18/24
30 Year USDA Purchase	6.98%	4/18/24
30 Year USDA Refi	6.94%	4/18/24
15 Year Conventional Purchase	6.83%	4/18/24
15 Year Conventional Refi	6.31%	4/18/24
15 Year Cash-out Refi	6.31%	4/18/24
15 Year VA Purchase	6.01%	4/18/24
15 Year VA Refi	5.68%	4/18/24
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

2,718

Origination Dollar Volume (All Markets)

$820,050,000

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)	972	$309,650,000	$318,570	$6,713	3.08%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	451	$139,165,000	$308,570	$6,394	3.04%
PROVO-OREM, UT (FHA\|USDA\|VA)	326	$110,830,000	$339,969	$6,200	3.09%
Outside of Metro Areas	126	$26,380,000	$209,365	$6,424	3.16%
ST. GEORGE, UT (FHA\|USDA\|VA)	52	$19,490,000	$374,808	$5,877	3.10%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	38	$13,160,000	$346,316	$8,329	3.00%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	31	$12,155,000	$392,097	$8,793	3.09%
Heber, UT (FHA\|USDA\|VA)	20	$8,530,000	$426,500	$8,448	2.83%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	33	$8,265,000	$250,455	$7,746	3.04%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	28	$8,090,000	$288,929	$5,543	3.03%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	15	$5,445,000	$363,000	$5,964	3.02%
BOISE CITY, ID (FHA\|USDA\|VA)	18	$5,400,000	$300,000	$8,119	3.12%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	24	$5,300,000	$220,833	$7,450	3.19%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	10	$4,420,000	$442,000	$11,331	3.11%
SALEM, OR (FHA\|USDA\|VA)	14	$4,290,000	$306,429	$9,126	3.19%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	16	$4,250,000	$265,625	$7,049	3.12%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	9	$4,185,000	$465,000	$6,308	2.69%
Lake City, FL (FHA\|USDA\|VA)	20	$4,170,000	$208,500	$6,406	3.12%
LOGAN, UT-ID (FHA\|USDA\|VA)	18	$4,130,000	$229,444	$4,746	3.25%
Cedar City, UT (FHA\|USDA\|VA)	16	$3,900,000	$243,750	$5,388	3.27%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	12	$3,780,000	$315,000	$9,997	3.02%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	12	$3,530,000	$294,167	$9,092	3.18%
MODESTO, CA (FHA\|USDA\|VA)	11	$3,495,000	$317,727	$6,365	3.07%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	8	$3,330,000	$416,250	$8,510	2.64%
Vernal, UT (FHA\|USDA\|VA)	18	$3,270,000	$181,667	$5,595	3.20%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	8	$3,060,000	$382,500	$6,558	3.05%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	13	$2,955,000	$227,308	$7,364	2.97%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	6	$2,940,000	$490,000	$11,784	3.06%
FRESNO, CA (FHA\|USDA\|VA)	8	$2,870,000	$358,750	$4,267	3.06%
RICHMOND, VA (FHA\|USDA\|VA)	11	$2,825,000	$256,818	$6,388	3.14%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	13	$2,755,000	$211,923	$5,869	3.17%
BEND, OR (FHA\|USDA\|VA)	10	$2,750,000	$275,000	$7,653	2.93%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	8	$2,420,000	$302,500	$12,481	3.08%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	4	$2,180,000	$545,000	$10,210	3.03%
JACKSONVILLE, FL (FHA\|USDA\|VA)	7	$2,005,000	$286,429	$7,535	3.21%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	5	$1,965,000	$393,000	$5,950	2.70%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	4	$1,740,000	$435,000	$5,487	2.72%
Hermiston-Pendleton, OR (FHA\|USDA\|VA)	7	$1,715,000	$245,000	$6,269	3.11%
Port Angeles, WA (FHA\|USDA\|VA)	8	$1,690,000	$211,250	$5,364	3.23%
Clearlake, CA (FHA\|USDA\|VA)	6	$1,670,000	$278,333	$5,316	3.56%
BELLINGHAM, WA (FHA\|USDA\|VA)	5	$1,625,000	$325,000	$6,718	2.88%
BAKERSFIELD, CA (FHA\|USDA\|VA)	6	$1,610,000	$268,333	$8,569	3.04%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	3	$1,585,000	$528,333	$9,947	3.29%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	8	$1,450,000	$181,250	$7,181	2.98%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	7	$1,445,000	$206,429	$7,032	3.18%
IDAHO FALLS, ID (FHA\|USDA\|VA)	7	$1,435,000	$205,000	$6,472	2.95%
Sonora, CA (FHA\|USDA\|VA)	5	$1,405,000	$281,000	$9,694	2.85%
Price, UT (FHA\|USDA\|VA)	10	$1,330,000	$133,000	$4,687	3.25%
Centralia, WA (FHA\|USDA\|VA)	6	$1,330,000	$221,667	$6,120	2.92%
Moses Lake, WA (FHA\|USDA\|VA)	6	$1,230,000	$205,000	$5,559	2.85%
KNOXVILLE, TN (FHA\|USDA\|VA)	7	$1,175,000	$167,857	$4,115	3.34%
Aberdeen, WA (FHA\|USDA\|VA)	7	$1,155,000	$165,000	$5,401	2.88%
Klamath Falls, OR (FHA\|USDA\|VA)	5	$1,095,000	$219,000	$6,382	3.35%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	4	$1,060,000	$265,000	$9,338	3.09%
POCATELLO, ID (FHA\|USDA\|VA)	3	$945,000	$315,000	$6,212	3.38%
TUCSON, AZ (FHA\|USDA\|VA)	4	$940,000	$235,000	$5,176	3.00%
Roseburg, OR (FHA\|USDA\|VA)	4	$920,000	$230,000	$8,372	3.25%
VISALIA, CA (FHA\|USDA\|VA)	4	$920,000	$230,000	$7,352	3.28%
TWIN FALLS, ID (FHA\|USDA\|VA)	4	$920,000	$230,000	$6,054	2.94%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	2	$890,000	$445,000	$5,612	3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	3	$885,000	$295,000	$9,412	3.29%
Pampa, TX (FHA\|USDA\|VA)	6	$880,000	$146,667	$6,660	3.19%
MEDFORD, OR (FHA\|USDA\|VA)	3	$865,000	$288,333	$7,258	3.08%
GRANTS PASS, OR (FHA\|USDA\|VA)	3	$855,000	$285,000	$9,235	2.92%
Crescent City, CA (FHA\|USDA\|VA)	3	$805,000	$268,333	$9,424	2.88%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	2	$790,000	$395,000	$7,737	3.13%
STOCKTON, CA (FHA\|USDA\|VA)	3	$775,000	$258,333	$4,689	3.08%
Prineville, OR (FHA\|USDA\|VA)	3	$775,000	$258,333	$5,596	3.08%
Rexburg, ID (FHA\|USDA\|VA)	4	$750,000	$187,500	$5,638	3.31%
Coos Bay, OR (FHA\|USDA\|VA)	4	$740,000	$185,000	$7,595	3.22%
FORT COLLINS, CO (FHA\|USDA\|VA)	1	$725,000	$725,000	$5,300	3.63%
LONGVIEW, TX (FHA\|USDA\|VA)	3	$725,000	$241,667	$8,892	2.79%
Eureka-Arcata, CA (FHA\|USDA\|VA)	2	$680,000	$340,000	$8,676	2.69%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	2	$670,000	$335,000	$6,259	2.99%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	3	$655,000	$218,333	$6,454	3.13%
WENATCHEE, WA (FHA\|USDA\|VA)	2	$650,000	$325,000	$8,289	3.50%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	3	$635,000	$211,667	$6,097	3.21%
YUBA CITY, CA (FHA\|USDA\|VA)	2	$630,000	$315,000	$9,926	3.06%
WINCHESTER, VA-WV (FHA\|USDA\|VA)	2	$620,000	$310,000	$3,953	2.87%
Red Bluff, CA (FHA\|USDA\|VA)	3	$615,000	$205,000	$5,346	3.20%
SANTA FE, NM (FHA\|USDA\|VA)	2	$610,000	$305,000	$5,859	2.88%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	3	$605,000	$201,667	$6,027	3.08%
Deming, NM (FHA\|USDA\|VA)	6	$600,000	$100,000	$3,587	3.56%
GRAND JUNCTION, CO (FHA\|USDA\|VA)	2	$590,000	$295,000	$6,374	2.88%
YAKIMA, WA (FHA\|USDA\|VA)	2	$590,000	$295,000	$7,634	3.06%
CARBONDALE-MARION, IL (FHA\|USDA\|VA)	4	$590,000	$147,500	$7,907	3.03%
Carlsbad-Artesia, NM (FHA\|USDA\|VA)	3	$575,000	$191,667	$7,545	3.29%
Shelton, WA (FHA\|USDA\|VA)	2	$560,000	$280,000	$7,822	3.50%
Burley, ID (FHA\|USDA\|VA)	3	$535,000	$178,333	$6,228	2.91%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	1	$525,000	$525,000	$3,090	3.38%
BOULDER, CO (FHA\|USDA\|VA)	1	$505,000	$505,000	$4,350	3.38%
Blackfoot, ID (FHA\|USDA\|VA)	2	$500,000	$250,000	$5,889	2.94%
Taos, NM (FHA\|USDA\|VA)	2	$490,000	$245,000	$3,764	3.38%
Outside of Metro Areas	2	$490,000	$245,000	$4,800	3.00%
Show Low, AZ (FHA\|USDA\|VA)	1	$485,000	$485,000	$7,997	3.25%
Martinsville, VA (FHA\|USDA\|VA)	4	$470,000	$117,500	$4,577	3.28%
Ontario, OR-ID (FHA\|USDA\|VA)	1	$455,000	$455,000	$3,398	2.75%
REDDING, CA (FHA\|USDA\|VA)	2	$440,000	$220,000	$3,347	2.43%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	2	$440,000	$220,000	$5,366	3.19%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	1	$435,000	$435,000	$6,104	2.88%
SANTA CRUZ-WATSONVILLE, CA (FHA\|USDA\|VA)	1	$435,000	$435,000	$5,833	3.38%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	3	$425,000	$141,667	$5,914	3.08%
Newport, OR (FHA\|USDA\|VA)	2	$420,000	$210,000	$7,380	3.06%
Mountain Home, ID (FHA\|USDA\|VA)	3	$415,000	$138,333	$5,914	3.04%
MUNCIE, IN (FHA\|USDA\|VA)	2	$410,000	$205,000	$3,977	2.88%
LONGVIEW, WA (FHA\|USDA\|VA)	2	$370,000	$185,000	$3,462	2.87%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	2	$370,000	$185,000	$6,945	3.13%
ABILENE, TX (FHA\|USDA\|VA)	2	$360,000	$180,000	$4,506	3.06%
The Dalles, OR (FHA\|USDA\|VA)	2	$360,000	$180,000	$8,740	2.94%
Newport, TN (FHA\|USDA\|VA)	2	$360,000	$180,000	$7,294	3.00%
Las Vegas, NM (FHA\|USDA\|VA)	1	$355,000	$355,000	$2,463	4.25%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	2	$340,000	$170,000	$4,216	3.56%
Moscow, ID (FHA\|USDA\|VA)	1	$335,000	$335,000	$7,284	2.75%
PANAMA CITY, FL (FHA\|USDA\|VA)	2	$330,000	$165,000	$8,015	2.56%
ROANOKE, VA (FHA\|USDA\|VA)	2	$330,000	$165,000	$7,952	2.75%
KINGSPORT-BRISTOL, TN-VA (FHA\|USDA\|VA)	2	$320,000	$160,000	$5,377	3.69%
Paris, TX (FHA\|USDA\|VA)	1	$315,000	$315,000	$10,384	3.75%
CHICO, CA (FHA\|USDA\|VA)	1	$315,000	$315,000	$4,721	3.75%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	1	$305,000	$305,000	$3,750	2.38%
WACO, TX (FHA\|USDA\|VA)	3	$285,000	$95,000	$4,058	3.45%
Borger, TX (FHA\|USDA\|VA)	3	$285,000	$95,000	$5,831	3.50%
GREELEY, CO (FHA\|USDA\|VA)	2	$280,000	$140,000	$3,050	2.69%
HARRISONBURG, VA (FHA\|USDA\|VA)	1	$275,000	$275,000	$8,601	2.88%
Hobbs, NM (FHA\|USDA\|VA)	1	$275,000	$275,000	$9,735	2.50%
Sevierville, TN (FHA\|USDA\|VA)	1	$275,000	$275,000	$9,480	3.63%
Fredericksburg, TX (FHA\|USDA\|VA)	1	$255,000	$255,000	$7,342	3.63%
MERCED, CA (FHA\|USDA\|VA)	1	$235,000	$235,000	$5,119	3.25%
LEWISTON, ID-WA (FHA\|USDA\|VA)	1	$235,000	$235,000	$8,064	2.25%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,485	2.99%
Crossville, TN (FHA\|USDA\|VA)	1	$235,000	$235,000	$7,531	2.99%
PUEBLO, CO (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,126	2.88%
EL CENTRO, CA (FHA\|USDA\|VA)	1	$225,000	$225,000	$11,279	2.75%
Jackson, WY-ID (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,376	2.88%
Granbury, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$6,526	4.75%
Brookings, OR (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,993	2.88%
JOHNSON CITY, TN (FHA\|USDA\|VA)	1	$205,000	$205,000	$9,444	2.50%
Sandpoint, ID (FHA\|USDA\|VA)	1	$205,000	$205,000	$4,821	2.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,028	2.25%
CLEVELAND, TN (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,629	3.38%
TYLER, TX (FHA\|USDA\|VA)	2	$190,000	$95,000	$6,351	3.69%
GAINESVILLE, FL (FHA\|USDA\|VA)	1	$185,000	$185,000	$8,384	2.75%
Oak Harbor, WA (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,179	3.00%
Dayton, TN (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,206	2.38%
LOUISVILLE, KY (FHA\|USDA\|VA)	1	$175,000	$175,000	$9,070	2.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA\|USDA\|VA)	1	$175,000	$175,000	$2,877	2.50%
VALLEJO, CA (FHA\|USDA\|VA)	1	$175,000	$175,000	$1,481	2.75%
CORVALLIS, OR (FHA\|USDA\|VA)	1	$175,000	$175,000	$4,136	3.00%
Martin, TN (FHA\|USDA\|VA)	1	$165,000	$165,000	$4,625	2.88%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$9,530	2.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,347	3.63%
Bluefield, WV-VA (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,123	2.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA\|USDA\|VA)	1	$155,000	$155,000	$5,935	2.75%
AMARILLO, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$6,923	3.75%
Susanville, CA (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,476	4.38%
McMinnville, TN (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,081	3.75%
YUMA, AZ (FHA\|USDA\|VA)	1	$135,000	$135,000	$5,985	2.75%
Jacksonville, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,252	2.75%
EL PASO, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$7,892	3.63%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA\|USDA\|VA)	1	$135,000	$135,000	$5,068	3.25%
LAS CRUCES, NM (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,529	3.38%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$5,491	3.63%
Kerrville, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$3,695	2.88%
Dumas, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$4,946	3.13%
FARMINGTON, NM (FHA\|USDA\|VA)	1	$115,000	$115,000	$3,332	3.25%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$115,000	$115,000	$6,683	3.75%
Mineral Wells, TX (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,651	2.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	1	$115,000	$115,000	$4,664	2.63%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,693	3.99%
COLUMBUS, IN (FHA\|USDA\|VA)	1	$95,000	$95,000	$4,074	3.63%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	1	$85,000	$85,000	$4,499	2.88%
Palestine, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$6,059	4.50%

Ranlife's top markets include Salt Lake City, Ogden, Provo, St. George, and Portland among others.

Their top states include:

Utah (FHA|USDA|VA)

California (FHA|USDA|VA)

Oregon (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Texas (FHA|USDA|VA)

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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,912	$575,630,000	$301,062	$5,346	3.15%
FHA	558	$161,490,000	$289,409	$10,171	2.98%
VA	180	$66,060,000	$367,000	$9,190	2.72%
USDA	68	$16,870,000	$248,088	$7,201	2.91%

For 2021, Ranlife's most frequently originated type of loan was Conventional, with 1,912 originations. Their 2nd most popular type was FHA, with 558 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,048	$350,850,000	$334,781	$7,441	3.18%
Refi	918	$249,040,000	$271,285	$5,157	2.91%
Cash Out Refi	737	$219,905,000	$298,379	$7,471	3.11%
Other	15	$255,000	$17,000	$415	4.90%

For 2021, Ranlife's most frequently cited loan purpose was Home Purchase, with 1,048 originations. The 2nd most popular reason was Refi, with 918 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	2,420	$749,960,000	$309,901	$6,908	3.13%
15 Year	155	$33,935,000	$218,935	$4,387	2.46%
20 Year	96	$24,540,000	$255,625	$4,702	2.91%
Other	35	$9,305,000	$265,857	$4,222	2.96%
10 Year	12	$2,310,000	$192,500	$3,668	2.64%

For 2021, Ranlife's most frequently cited loan duration was 30 Year, with 2,420 originations. The 2nd most popular length was 15 Year, with 155 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	1,198	$363,740,000	$303,623
$2k-3k	466	$123,820,000	$265,708
$5k+	397	$153,045,000	$385,504
$3k-4k	286	$79,660,000	$278,531
$4k-5k	218	$67,030,000	$307,477
$<1k	153	$32,755,000	$214,085

Ranlife's average total fees were $6,908, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,198 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
2.5-3%	1,221	$379,585,000	$310,880
3-4%	1,076	$337,600,000	$313,755
<2.5%	301	$85,925,000	$285,465
4-5%	85	$16,235,000	$191,000
5-6%	35	$705,000	$20,143

During 2021, Ranlife's average interest rate for loans was 3.13%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,221 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,538	$451,570,000	$293,609	$6,863	3.00%
$100k-200k	494	$78,410,000	$158,725	$4,993	3.05%
$400k-600k	493	$231,935,000	$470,456	$7,970	3.05%
$100,000 or less	125	$5,825,000	$46,600	$2,115	4.29%
$600k-1MM	62	$43,450,000	$700,806	$12,141	3.11%
$1MM+	6	$8,860,000	$1,476,667	$13,800	3.39%

2021 saw Ranlife place emphasis on $200k-400k loans with 1,538 originations, totaling $451,570,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	865	$229,425,000	$265,231	$6,309	3.12%
$75k-100k	564	$179,950,000	$319,060	$6,929	3.08%
$50k or less	514	$106,240,000	$206,693	$5,669	3.03%
$100k-150k	507	$184,115,000	$363,146	$7,695	3.05%
$150k-250k	189	$80,195,000	$424,312	$7,062	3.08%
$250k+	79	$40,125,000	$507,911	$6,686	3.17%

Ranlife lent most frequently to those with incomes in the $50k-75k range, with 865 originations. The second most popular income band? $75k-100k, with 564 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	497	$145,335,000	$292,425	$6,059	3.08%
20-30%	451	$128,345,000	$284,579	$5,462	3.00%
<20%	232	$67,430,000	$290,647	$5,283	2.90%
50-60%	185	$57,055,000	$308,405	$10,442	3.01%
44%	154	$51,040,000	$331,429	$6,628	3.12%
42%	130	$40,310,000	$310,077	$5,744	3.11%
40%	113	$34,215,000	$302,788	$6,577	3.18%
43%	110	$33,230,000	$302,091	$6,378	3.06%
41%	109	$35,245,000	$323,349	$6,535	3.14%
39%	107	$33,395,000	$312,103	$6,621	3.21%
37%	106	$32,970,000	$311,038	$10,903	3.06%
36%	97	$29,625,000	$305,412	$5,126	3.27%
38%	95	$28,675,000	$301,842	$6,165	3.11%
45%	88	$29,340,000	$333,409	$7,596	3.18%
49%	82	$25,090,000	$305,976	$7,192	3.16%
46%	61	$19,055,000	$312,377	$8,186	3.26%
47%	52	$15,270,000	$293,654	$7,870	3.20%
48%	46	$12,930,000	$281,087	$7,664	3.10%
>60%	3	$1,495,000	$498,333	$6,013	2.58%

Ranlife lent most frequently to those with DTI ratios of 30-36%, with 497 originations. The next most common DTI ratio? 20-30%, with 451 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	1,445	$442,695,000	$306,363	$6,743	3.08%
Not provided	1,170	$345,900,000	$295,641	$6,466	3.08%
Black	46	$12,890,000	$280,217	$7,667	3.14%
Asian	32	$11,290,000	$352,813	$6,883	3.09%
Native Hawaiian or Islander	19	$5,695,000	$299,737	$7,042	3.28%
American Indian	4	$1,210,000	$302,500	$4,952	3.03%
Korean	1	$205,000	$205,000	$2,771	2.63%
Samoan	1	$165,000	$165,000	$5,629	3.38%

Approval Rates

Total approvals of all applications
96.94%

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 origination
61.04%

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	2,718	$820,050,000	$301,711

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	2,718	$820,050,000	$301,711

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	101	$17,285,000	$171,139	$9,197	2.81%
40-60%	389	$97,975,000	$251,864	$4,720	2.91%
60-80%	998	$317,900,000	$318,537	$5,865	3.09%
80-100%	1,123	$372,245,000	$331,474	$7,937	3.04%
Over 100%	29	$11,915,000	$410,862	$15,254	2.81%
Under 20%	78	$2,730,000	$35,000	$886	4.82%

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
RANLife, Inc.	Conventional home mortgage	Trouble during payment process	2	50.0%
RANLife, Inc.	FHA mortgage	Incorrect information on your report	1	25.0%
RANLife, Inc.	FHA mortgage	Trouble during payment process	1	25.0%