Certified Mortgage Rates, Fees & InfoEl Monte, CA
Tax ID: 95-6064741
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCertified is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Certified has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Diego, Oxnard, and Sacramento among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)
Certified 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.
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Origination Dollar Volume (All Markets)$61,000,000
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|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||105||$30,365,000||$289,190||$0||0.00%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||67||$15,035,000||$224,403||$0||0.00%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||22||$8,410,000||$382,273||$0||0.00%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||7||$2,035,000||$290,714||$0||0.00%|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||2||$850,000||$425,000||$0||0.00%|
|LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA)||2||$750,000||$375,000||$0||0.00%|
|RENO, NV (FHA|USDA|VA)||1||$555,000||$555,000||$0||0.00%|
|Elko, NV (FHA|USDA|VA)||1||$495,000||$495,000||$0||0.00%|
|Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)||1||$455,000||$455,000||$0||0.00%|
|BAKERSFIELD, CA (FHA|USDA|VA)||2||$400,000||$200,000||$0||0.00%|
|LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA)||4||$400,000||$100,000||$0||0.00%|
|VISALIA, CA (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|TUCSON, AZ (FHA|USDA|VA)||1||$285,000||$285,000||$0||0.00%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||1||$205,000||$205,000||$0||0.00%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||2||$170,000||$85,000||$0||0.00%|
|CARSON CITY, NV (FHA|USDA|VA)||1||$165,000||$165,000||$0||0.00%|
|STOCKTON, CA (FHA|USDA|VA)||1||$65,000||$65,000||$0||0.00%|
|YUMA, AZ (FHA|USDA|VA)||1||$55,000||$55,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Certified's most frequently originated type of loan was Conventional, with 222 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||174||$42,210,000||$242,586||$0||0.00%|
For 2022, Certified's most frequently cited loan purpose was Cash Out Refi, with 174 originations. The 2nd most popular reason was Home Purchase, with 30 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Certified's most frequently cited loan duration was Other, with 222 originations.
2022 saw Certified place emphasis on $100,000 or less loans with 59 originations, totaling $3,635,000 in origination value.
Certified lent most frequently to those with incomes in the $100k-150k range, with 67 originations. The second most popular income band? $50k-75k, with 49 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Certified lent most frequently to those with DTI ratios of Exempt%, with 222 originations.
|Applicant Ethnicity||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Approval RatesTotal approvals of all applications
Certified has an average approval rate.
Pick RateApprovals leading to origination
Certified has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|