Diamond Residential Mortgage Corporation Rates, Fees & Info

LAKE FOREST, IL

LEI: 549300WS8BW0I0BDA390

Tax ID: 27-0222046

4.6 stars - out of 5 stars, based on 63 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Diamond Residential Mortgage Corporation is a smaller mortgage company specializing in Home Purchase and Refi loans. Diamond Residential Mortgage Corporation 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 Chicago, Portland, Fort Wayne, Los Angeles, and Atlanta among others. Diamond Residential Mortgage Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Diamond Residential Mortgage Corporation is typically an average fee lendor.


Originations

3,980

Origination Dollar Volume (All Markets)

$942,030,000
Show all (7) awards

Relative Rate

Diamond Residential Mortgage Corporation's average 30 year fixed rate mortgage of loans were 3.26%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.11%.

Relative Fees

Diamond Residential Mortgage Corporation's average total fees for a 30 year fixed rate mortgage are $4,857.

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 $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,906 $449,830,000 $236,007 $4,553 3.22%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 130 $47,870,000 $368,231 $5,786 3.17%
FORT WAYNE, IN (FHA|USDA|VA) 215 $40,055,000 $186,302 $3,479 3.20%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 87 $36,855,000 $423,621 $8,606 3.20%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 159 $36,055,000 $226,761 $7,039 3.16%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 99 $34,915,000 $352,677 $7,648 3.30%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 110 $26,490,000 $240,818 $3,491 3.17%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 57 $23,175,000 $406,579 $3,867 3.01%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 116 $22,930,000 $197,672 $3,996 3.21%
SPRINGFIELD, IL (FHA|USDA|VA) 154 $22,420,000 $145,584 $4,227 3.23%
RACINE, WI (FHA|USDA|VA) 98 $19,840,000 $202,449 $3,750 3.18%
Whitewater, WI (FHA|USDA|VA) 87 $18,625,000 $214,080 $3,360 3.11%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 85 $15,145,000 $178,176 $4,182 3.30%
Outside of Metro Areas 78 $13,940,000 $178,718 $4,394 3.34%
LONGVIEW, WA (FHA|USDA|VA) 42 $11,610,000 $276,429 $4,516 3.24%
Auburn, IN (FHA|USDA|VA) 38 $6,390,000 $168,158 $3,045 3.07%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 24 $5,600,000 $233,333 $4,172 3.08%
Quincy, IL-MO (FHA|USDA|VA) 35 $4,805,000 $137,286 $3,791 3.16%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 20 $4,490,000 $224,500 $5,033 3.24%
Taylorville, IL (FHA|USDA|VA) 40 $4,480,000 $112,000 $4,136 3.27%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 19 $4,365,000 $229,737 $3,046 3.14%
RENO, NV (FHA|USDA|VA) 10 $4,220,000 $422,000 $5,551 2.96%
Lincoln, IL (FHA|USDA|VA) 34 $3,800,000 $111,765 $3,694 3.18%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 14 $3,670,000 $262,143 $5,186 3.16%
Warsaw, IN (FHA|USDA|VA) 10 $3,280,000 $328,000 $3,412 3.20%
Key West, FL (FHA|USDA|VA) 3 $3,275,000 $1,091,667 $8,168 2.92%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $2,875,000 $410,714 $5,060 2.96%
Angola, IN (FHA|USDA|VA) 8 $2,200,000 $275,000 $3,766 3.22%
JACKSONVILLE, FL (FHA|USDA|VA) 7 $1,905,000 $272,143 $6,160 3.21%
Decatur, IN (FHA|USDA|VA) 12 $1,890,000 $157,500 $3,473 3.10%
Centralia, WA (FHA|USDA|VA) 7 $1,875,000 $267,857 $7,008 3.79%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,780,000 $445,000 $5,588 3.38%
Jacksonville, IL (FHA|USDA|VA) 17 $1,745,000 $102,647 $4,622 3.32%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,735,000 $347,000 $4,680 3.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 11 $1,705,000 $155,000 $3,550 3.07%
Kendallville, IN (FHA|USDA|VA) 10 $1,680,000 $168,000 $2,785 3.14%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 8 $1,630,000 $203,750 $5,645 3.34%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,615,000 $323,000 $5,755 3.45%
DECATUR, IL (FHA|USDA|VA) 14 $1,580,000 $112,857 $4,279 3.35%
GREELEY, CO (FHA|USDA|VA) 4 $1,560,000 $390,000 $2,786 2.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,465,000 $1,465,000 $7,171 3.50%
PEORIA, IL (FHA|USDA|VA) 9 $1,405,000 $156,111 $3,880 3.43%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $1,365,000 $455,000 $3,102 3.08%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,270,000 $317,500 $6,314 2.94%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,245,000 $249,000 $6,322 3.20%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,230,000 $307,500 $4,697 3.19%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,195,000 $398,333 $6,393 3.21%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $1,145,000 $381,667 $3,431 3.08%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,140,000 $190,000 $2,767 3.06%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,115,000 $371,667 $5,930 3.50%
Huntington, IN (FHA|USDA|VA) 7 $1,065,000 $152,143 $4,901 3.46%
FORT COLLINS, CO (FHA|USDA|VA) 2 $1,060,000 $530,000 $4,816 2.88%
ANN ARBOR, MI (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,698 2.88%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $990,000 $495,000 $7,553 3.38%
FLINT, MI (FHA|USDA|VA) 4 $950,000 $237,500 $3,146 3.03%
NILES, MI (FHA|USDA|VA) 4 $920,000 $230,000 $6,383 3.06%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $840,000 $420,000 $6,350 3.19%
ROCKFORD, IL (FHA|USDA|VA) 4 $840,000 $210,000 $5,209 3.13%
OCALA, FL (FHA|USDA|VA) 5 $835,000 $167,000 $4,347 3.35%
BOULDER, CO (FHA|USDA|VA) 2 $820,000 $410,000 $3,640 2.81%
Aberdeen, WA (FHA|USDA|VA) 3 $775,000 $258,333 $7,279 2.83%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $725,000 $241,667 $4,529 3.08%
Beaver Dam, WI (FHA|USDA|VA) 3 $695,000 $231,667 $5,026 2.83%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $670,000 $335,000 $4,202 3.63%
BEND, OR (FHA|USDA|VA) 1 $655,000 $655,000 $8,250 2.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $650,000 $325,000 $4,357 3.12%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $650,000 $162,500 $7,027 2.91%
Plymouth, IN (FHA|USDA|VA) 2 $650,000 $325,000 $2,903 3.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $630,000 $315,000 $6,443 2.94%
LaGrange, GA-AL (FHA|USDA|VA) 3 $625,000 $208,333 $8,704 2.92%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $610,000 $305,000 $3,100 2.94%
Wabash, IN (FHA|USDA|VA) 2 $560,000 $280,000 $2,172 3.06%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $555,000 $185,000 $5,679 3.25%
Astoria, OR (FHA|USDA|VA) 1 $545,000 $545,000 $5,151 3.38%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $525,000 $525,000 $14,154 2.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $515,000 $515,000 $9,715 3.00%
Fort Morgan, CO (FHA|USDA|VA) 1 $485,000 $485,000 $9,250 3.00%
Sevierville, TN (FHA|USDA|VA) 1 $455,000 $455,000 $3,450 3.25%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $440,000 $220,000 $12,424 3.38%
Marion, IN (FHA|USDA|VA) 1 $435,000 $435,000 $4,618 3.38%
FOND DU LAC, WI (FHA|USDA|VA) 1 $425,000 $425,000 $3,733 3.38%
Port Angeles, WA (FHA|USDA|VA) 1 $425,000 $425,000 $3,526 3.00%
Bluffton, IN (FHA|USDA|VA) 4 $420,000 $105,000 $3,107 3.13%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $380,000 $190,000 $2,368 3.16%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $370,000 $185,000 $3,873 2.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $365,000 $365,000 $13,869 3.63%
Ottawa, IL (FHA|USDA|VA) 3 $355,000 $118,333 $3,533 3.00%
Fallon, NV (FHA|USDA|VA) 1 $335,000 $335,000 $4,707 2.50%
Van Wert, OH (FHA|USDA|VA) 2 $330,000 $165,000 $2,949 2.94%
VISALIA, CA (FHA|USDA|VA) 1 $325,000 $325,000 $8,590 3.00%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $320,000 $160,000 $8,802 2.56%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $300,000 $150,000 $5,492 3.06%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $295,000 $295,000 $5,926 2.87%
Hannibal, MO (FHA|USDA|VA) 1 $285,000 $285,000 $7,379 3.63%
Thomaston, GA (FHA|USDA|VA) 1 $275,000 $275,000 $14,607 2.63%
COLUMBUS, OH (FHA|USDA|VA) 1 $275,000 $275,000 $3,516 3.38%
SALEM, OR (FHA|USDA|VA) 1 $275,000 $275,000 $14,288 3.50%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $265,000 $265,000 $7,412 2.75%
MANSFIELD, OH (FHA|USDA|VA) 1 $265,000 $265,000 $6,562 2.75%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $265,000 $265,000 $5,864 3.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $265,000 $265,000 $2,828 3.38%
ST. CLOUD, MN (FHA|USDA|VA) 1 $255,000 $255,000 $2,485 3.25%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $250,000 $125,000 $4,439 3.44%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $245,000 $245,000 $2,067 2.75%
MODESTO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $8,854 3.00%
Fernley, NV (FHA|USDA|VA) 1 $245,000 $245,000 $4,469 3.00%
AKRON, OH (FHA|USDA|VA) 1 $235,000 $235,000 $4,167 3.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $230,000 $115,000 $3,592 3.38%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $230,000 $115,000 $4,601 3.00%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $225,000 $225,000 $3,107 2.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $225,000 $225,000 $5,976 3.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $225,000 $225,000 $6,539 2.75%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $225,000 $225,000 $2,275 3.25%
Clewiston, FL (FHA|USDA|VA) 1 $215,000 $215,000 $8,375 3.63%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $215,000 $215,000 $3,224 3.63%
Stevens Point, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,124 3.25%
MORRISTOWN, TN (FHA|USDA|VA) 1 $205,000 $205,000 $4,835 3.50%
Pahrump, NV (FHA|USDA|VA) 1 $205,000 $205,000 $3,426 3.38%
JACKSON, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,475 2.88%
KNOXVILLE, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,332 3.13%
KANKAKEE, IL (FHA|USDA|VA) 2 $200,000 $100,000 $4,263 3.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,316 3.13%
Frankfort, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,476 3.00%
Waycross, GA (FHA|USDA|VA) 1 $185,000 $185,000 $9,018 3.13%
Mexico, MO (FHA|USDA|VA) 1 $175,000 $175,000 $5,693 3.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $165,000 $165,000 $8,801 2.38%
Milledgeville, GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,222 2.63%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $165,000 $165,000 $5,200 2.88%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $165,000 $165,000 $6,117 3.50%
Connersville, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,821 3.50%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $2,762 2.75%
Pontiac, IL (FHA|USDA|VA) 1 $155,000 $155,000 $1,897 2.38%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,030 3.13%
HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,269 3.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $125,000 $125,000 $4,934 3.13%
ALBANY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,593 2.63%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $115,000 $115,000 $2,765 3.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,216 3.25%
MUNCIE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,189 2.75%
MUSKEGON, MI (FHA|USDA|VA) 1 $95,000 $95,000 $2,553 2.88%
Macomb, IL (FHA|USDA|VA) 1 $95,000 $95,000 $3,241 3.25%
Freeport, IL (FHA|USDA|VA) 1 $75,000 $75,000 $4,067 3.13%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $65,000 $65,000 $3,674 2.75%

Diamond Residential Mortgage Corporation's top markets include Chicago, Portland, Fort Wayne, Los Angeles, and Atlanta among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,889 $722,805,000 $250,192 $3,742 3.17%
FHA 816 $159,130,000 $195,012 $7,516 3.36%
VA 161 $43,355,000 $269,286 $6,845 3.16%
USDA 114 $16,740,000 $146,842 $4,512 3.22%

For the 2021 period, Diamond Residential Mortgage Corporation's most frequently originated loan type of loans were Conventional, with 2,889 originations. Their 2nd most popular type is FHA, with 816 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,446 $567,980,000 $232,208 $5,306 3.27%
Refi 923 $218,435,000 $236,658 $3,204 2.97%
Cash Out Refi 611 $155,615,000 $254,689 $4,296 3.30%

For the 2021, Diamond Residential Mortgage Corporation's most frequently cited loan purpose of loans were Home Purchase, with 2,446 originations. The 2nd most popular reason of loans were Refi, with 923 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,571 $859,585,000 $240,713 $4,857 3.26%
15 Year 286 $58,010,000 $202,832 $2,892 2.63%
20 Year 69 $14,295,000 $207,174 $3,418 3.01%
Other 34 $7,710,000 $226,765 $2,895 3.08%
10 Year 20 $2,430,000 $121,500 $2,723 2.50%

For the 2021, Diamond Residential Mortgage Corporation's most frequently cited loan length of loans were 30 Year, with 3,571 originations. The 2nd most popular length of loans were 15 Year, with 286 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,556 $585,680,000 $229,139
$<1k 504 $100,230,000 $198,869
$3k-4k 381 $101,725,000 $266,995
$2k-3k 375 $89,385,000 $238,360
$5k+ 164 $65,010,000 $396,402

$4,857 of loans were Diamond Residential Mortgage Corporation's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,556 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,483 $587,745,000 $236,708
2.5-3% 1,167 $282,685,000 $242,232
<2.5% 205 $44,605,000 $217,585
4-5% 125 $26,995,000 $215,960

During 2021, Diamond Residential Mortgage Corporation's average interest rate of loans were 3.26%, while their most frequently originated rate bucket of loans were 3-4%, with 2,483 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,642 $248,520,000 $151,352 $4,083 3.20%
$200k-400k 1,605 $443,175,000 $276,121 $5,184 3.24%
$100,000 or less 328 $25,960,000 $79,146 $3,228 3.21%
$400k-600k 315 $150,635,000 $478,206 $5,794 3.15%
$600k-1MM 75 $55,025,000 $733,667 $7,606 3.07%
$1MM+ 15 $18,715,000 $1,247,667 $5,472 3.09%

2021 saw Diamond Residential Mortgage Corporation place emphasis on $100k-200k loans with 1,642 originations, totaling $248,520,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,105 $221,185,000 $200,167 $4,822 3.24%
$50k or less 851 $118,515,000 $139,266 $4,247 3.17%
$100k-150k 735 $209,865,000 $285,531 $4,809 3.24%
$75k-100k 728 $177,240,000 $243,462 $5,013 3.23%
$150k-250k 389 $135,395,000 $348,059 $4,448 3.15%
$250k+ 131 $69,505,000 $530,573 $4,257 3.12%

Diamond Residential Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 1,105 originations. The second most popular income band? $50k or less, with 851 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 816 $181,610,000 $222,561 $3,751 3.12%
30-36% 747 $173,755,000 $232,604 $4,360 3.23%
<20% 228 $52,220,000 $229,035 $3,229 3.04%
50-60% 203 $45,095,000 $222,143 $7,818 3.27%
44% 192 $45,790,000 $238,490 $4,709 3.28%
41% 172 $44,320,000 $257,674 $4,848 3.26%
43% 167 $42,845,000 $256,557 $5,228 3.25%
42% 163 $42,165,000 $258,681 $5,382 3.30%
39% 154 $36,150,000 $234,740 $4,411 3.20%
40% 148 $39,570,000 $267,365 $4,936 3.24%
38% 141 $33,355,000 $236,560 $4,876 3.29%
37% 135 $31,515,000 $233,444 $4,492 3.29%
45% 130 $31,490,000 $242,231 $5,076 3.22%
36% 129 $29,975,000 $232,364 $4,317 3.25%
49% 126 $34,270,000 $271,984 $6,113 3.16%
46% 108 $26,090,000 $241,574 $5,647 3.30%
48% 105 $23,025,000 $219,286 $5,146 3.20%
47% 93 $23,735,000 $255,215 $5,397 3.24%
>60% 3 $715,000 $238,333 $7,540 3.38%

Diamond Residential Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 816 originations. The next most common DTI ratio? 30-36%, with 747 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,199 $773,935,000 $241,930 $4,401 3.20%
Black 440 $91,660,000 $208,318 $6,334 3.24%
Not provided 218 $43,620,000 $200,092 $4,962 3.30%
Asian 82 $22,540,000 $274,878 $5,010 3.18%
American Indian 20 $4,560,000 $228,000 $5,137 3.10%
Native Hawaiian 10 $2,510,000 $251,000 $4,772 2.94%
Chinese 1 $865,000 $865,000 $5,273 3.13%
Other Asian 3 $855,000 $285,000 $5,983 3.17%
Filipino 2 $630,000 $315,000 $7,532 3.06%
Asian Indian 4 $590,000 $147,500 $2,865 2.88%
Vietnamese 1 $265,000 $265,000 $2,205 2.63%

Approval Rates

Total approvals of all applications
95.91%

Diamond Residential Mortgage Corporation 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
76.89%

Diamond Residential Mortgage Corporation has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,980 $942,030,000 $236,691

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,980 $942,030,000 $236,691

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 86 $13,360,000 $155,349 $3,235 2.89%
40-60% 341 $75,315,000 $220,865 $3,477 2.97%
60-80% 1,266 $326,380,000 $257,804 $3,799 3.21%
80-100% 2,247 $516,405,000 $229,820 $5,284 3.25%
Over 100% 36 $9,790,000 $271,944 $11,212 3.23%
Under 20% 4 $780,000 $195,000 $2,764 2.69%