Financial Funding Solutions Mortgage Rates, Fees & Info

Littleton, CO

LEI: 549300X7KG2H84UCP685

Tax ID: 76-0718556

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

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Mortgage Data

Review & Overview

Financial Funding Solutions is a smaller mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Financial Funding Solutions 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: Denver, Boulder, Fort Collins, Colorado Springs, and Greeley among others. We have data for 81 markets. (Some data included below & more in-depth data is available with an active subscription.)

Financial Funding Solutions has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Financial Funding Solutions 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 6.53% 3/28/24
30 Year Conventional Refi 6.40% 3/28/24
30 Year Cash-out Refi 6.67% 3/28/24
30 Year FHA Purchase 7.48% 3/28/24
30 Year FHA Refi 7.01% 3/28/24
30 Year VA Purchase 6.18% 3/28/24
30 Year VA Refi 6.27% 3/28/24
30 Year USDA Purchase 6.90% 3/28/24
15 Year Conventional Purchase 6.12% 3/28/24
15 Year Conventional Refi 5.71% 3/28/24
15 Year Cash-out Refi 5.71% 3/28/24
15 Year VA Refi 5.68% 3/28/24
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.

Financial Funding Solutions Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Financial Funding Solutions. 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

2,605

Origination Dollar Volume (All Markets)

$836,005,000
Show all (12) awards

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
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1,164 $411,330,000 $353,376 $3,815 3.14%
BOULDER, CO (FHA|USDA|VA) 262 $110,860,000 $423,130 $3,989 3.07%
FORT COLLINS, CO (FHA|USDA|VA) 133 $41,835,000 $314,549 $5,088 3.20%
COLORADO SPRINGS, CO (FHA|USDA|VA) 129 $36,465,000 $282,674 $5,217 2.84%
GREELEY, CO (FHA|USDA|VA) 88 $30,260,000 $343,864 $4,325 3.19%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 87 $21,805,000 $250,632 $4,439 3.07%
Outside of Metro Areas 85 $18,575,000 $218,529 $3,499 3.20%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 48 $18,070,000 $376,458 $4,347 2.69%
WICHITA, KS (FHA|USDA|VA) 100 $14,760,000 $147,600 $3,245 3.31%
KANSAS CITY, MO-KS (FHA|USDA|VA) 76 $12,680,000 $166,842 $2,883 3.16%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 34 $11,280,000 $331,765 $4,433 2.82%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 23 $11,115,000 $483,261 $4,836 2.68%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 35 $10,695,000 $305,571 $4,745 2.88%
LINCOLN, NE (FHA|USDA|VA) 45 $8,695,000 $193,222 $3,043 2.95%
Breckenridge, CO (FHA|USDA|VA) 18 $7,600,000 $422,222 $3,542 2.90%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 27 $6,675,000 $247,222 $4,272 2.90%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 23 $6,385,000 $277,609 $3,289 2.77%
PUEBLO, CO (FHA|USDA|VA) 29 $5,705,000 $196,724 $5,713 2.98%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 11 $4,805,000 $436,818 $4,000 2.69%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 10 $3,720,000 $372,000 $4,875 2.65%
Cañon City, CO (FHA|USDA|VA) 18 $3,330,000 $185,000 $4,476 3.46%
CHEYENNE, WY (FHA|USDA|VA) 10 $2,450,000 $245,000 $4,716 2.99%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $2,300,000 $383,333 $6,058 2.81%
Edwards, CO (FHA|USDA|VA) 5 $2,215,000 $443,000 $3,022 3.05%
Fort Morgan, CO (FHA|USDA|VA) 10 $1,960,000 $196,000 $2,879 3.41%
FRESNO, CA (FHA|USDA|VA) 8 $1,870,000 $233,750 $4,528 2.97%
STOCKTON, CA (FHA|USDA|VA) 6 $1,840,000 $306,667 $4,482 2.65%
Fremont, NE (FHA|USDA|VA) 5 $1,565,000 $313,000 $6,131 2.95%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,210,000 $302,500 $3,436 2.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,155,000 $385,000 $2,437 2.58%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $1,150,000 $575,000 $4,847 2.81%
BAKERSFIELD, CA (FHA|USDA|VA) 5 $1,065,000 $213,000 $2,619 2.70%
VALLEJO, CA (FHA|USDA|VA) 3 $855,000 $285,000 $6,008 2.96%
TUCSON, AZ (FHA|USDA|VA) 5 $845,000 $169,000 $3,226 3.09%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $820,000 $205,000 $2,358 3.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $795,000 $265,000 $5,886 2.41%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $790,000 $395,000 $5,175 3.37%
SALINAS, CA (FHA|USDA|VA) 2 $760,000 $380,000 $4,286 2.56%
Glenwood Springs, CO (FHA|USDA|VA) 3 $745,000 $248,333 $1,905 2.50%
Durango, CO (FHA|USDA|VA) 2 $730,000 $365,000 $4,386 2.80%
Quincy, IL-MO (FHA|USDA|VA) 7 $705,000 $100,714 $3,329 3.16%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $695,000 $231,667 $7,825 2.58%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $670,000 $335,000 $5,193 2.56%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $660,000 $330,000 $3,288 2.63%
Sterling, CO (FHA|USDA|VA) 3 $605,000 $201,667 $4,247 3.29%
Oak Harbor, WA (FHA|USDA|VA) 2 $590,000 $295,000 $3,536 2.81%
Aberdeen, WA (FHA|USDA|VA) 2 $590,000 $295,000 $1,174 2.88%
WENATCHEE, WA (FHA|USDA|VA) 3 $555,000 $185,000 $5,778 2.63%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $520,000 $260,000 $4,169 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $515,000 $515,000 $2,775 3.13%
Payson, AZ (FHA|USDA|VA) 2 $450,000 $225,000 $2,735 3.19%
Laramie, WY (FHA|USDA|VA) 1 $415,000 $415,000 $3,029 2.63%
McPherson, KS (FHA|USDA|VA) 3 $405,000 $135,000 $2,365 3.25%
NAPA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,067 2.25%
MODESTO, CA (FHA|USDA|VA) 2 $380,000 $190,000 $1,766 2.74%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $375,000 $375,000 $2,447 2.25%
TOPEKA, KS (FHA|USDA|VA) 4 $370,000 $92,500 $2,812 4.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,550 2.25%
Winfield, KS (FHA|USDA|VA) 6 $350,000 $58,333 $2,790 3.64%
Sheridan, WY (FHA|USDA|VA) 1 $335,000 $335,000 $3,101 2.88%
Ukiah, CA (FHA|USDA|VA) 1 $335,000 $335,000 $9,015 2.25%
CHICO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $5,492 3.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $305,000 $305,000 $1,664 3.50%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,486 3.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $295,000 $295,000 $7,687 2.63%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $265,000 $265,000 $1,839 3.00%
FARMINGTON, NM (FHA|USDA|VA) 1 $235,000 $235,000 $2,794 3.38%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $225,000 $225,000 $1,100 2.38%
Hutchinson, KS (FHA|USDA|VA) 2 $210,000 $105,000 $2,375 3.25%
Steamboat Springs, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,140 4.00%
VISALIA, CA (FHA|USDA|VA) 2 $200,000 $100,000 $2,807 2.56%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $185,000 $185,000 $4,480 2.50%
MERCED, CA (FHA|USDA|VA) 1 $185,000 $185,000 $2,200 2.88%
Garden City, KS (FHA|USDA|VA) 1 $185,000 $185,000 $2,293 3.13%
WALLA WALLA, WA (FHA|USDA|VA) 1 $175,000 $175,000 $4,958 3.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,394 2.75%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,342 2.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $135,000 $135,000 $3,515 2.63%
Warrensburg, MO (FHA|USDA|VA) 1 $125,000 $125,000 $2,617 4.00%
Norfolk, NE (FHA|USDA|VA) 1 $85,000 $85,000 $2,375 2.75%
Ellensburg, WA (FHA|USDA|VA) 1 $65,000 $65,000 $1,056 2.75%
Financial Funding Solutions's top markets include Denver, Boulder, Fort Collins, Colorado Springs, and Greeley among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,282 $728,770,000 $319,356 $3,466 3.12%
    VA 181 $61,895,000 $341,961 $6,315 2.65%
    FHA 127 $41,165,000 $324,134 $10,114 3.09%
    USDA 15 $4,175,000 $278,333 $6,281 2.84%

    For 2020, Financial Funding Solutions's most frequently originated type of loan was Conventional, with 2,282 originations. Their 2nd most popular type was VA, with 181 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,088 $353,530,000 $324,936 $3,168 2.96%
    Home Purchase 863 $299,485,000 $347,028 $5,200 3.14%
    Cash Out Refi 654 $182,990,000 $279,801 $3,819 3.22%

    For 2020, Financial Funding Solutions's most frequently cited loan purpose was Refi, with 1,088 originations. The 2nd most popular reason was Home Purchase, with 863 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,130 $719,230,000 $337,667 $4,241 3.15%
    15 Year 347 $86,265,000 $248,602 $2,898 2.62%
    20 Year 78 $19,810,000 $253,974 $3,141 3.21%
    Other 30 $7,830,000 $261,000 $2,808 3.37%
    10 Year 18 $2,530,000 $140,556 $2,541 2.95%
    1 Year 1 $75,000 $75,000 $4,930 5.75%
    30+ year 1 $265,000 $265,000 $2,896 3.38%

    For 2020, Financial Funding Solutions's most frequently cited loan duration was 30 Year, with 2,130 originations. The 2nd most popular length was 15 Year, with 347 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,367 $450,525,000 $329,572
    $<1k 551 $148,215,000 $268,993
    $2k-3k 271 $88,245,000 $325,627
    $3k-4k 162 $49,990,000 $308,580
    $5k+ 144 $59,670,000 $414,375
    $4k-5k 109 $39,065,000 $358,394

    Financial Funding Solutions's average total fees were $4,241, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,367 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,062 $350,980,000 $330,490
    3-4% 1,024 $334,060,000 $326,230
    <2.5% 387 $120,345,000 $310,969
    4-5% 121 $28,895,000 $238,802
    5-6% 10 $1,470,000 $147,000
    6-7% 1 $255,000 $255,000

    During 2020, Financial Funding Solutions's average interest rate for loans was 3.15%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,062 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,295 $390,085,000 $301,224 $4,183 3.05%
    $400k-600k 623 $296,115,000 $475,305 $4,573 3.06%
    $100k-200k 445 $67,405,000 $151,472 $3,126 3.08%
    $100,000 or less 147 $9,585,000 $65,204 $2,088 3.53%
    $600k-1MM 84 $60,070,000 $715,119 $4,747 3.07%
    $1MM+ 11 $12,745,000 $1,158,636 $4,695 3.23%

    2020 saw Financial Funding Solutions place emphasis on $200k-400k loans with 1,295 originations, totaling $390,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 634 $222,380,000 $350,757 $3,865 3.05%
    $50k-75k 521 $133,365,000 $255,979 $4,619 3.12%
    $150k-250k 478 $184,290,000 $385,544 $3,568 3.12%
    $75k-100k 474 $142,360,000 $300,338 $4,228 3.09%
    $50k or less 310 $63,880,000 $206,065 $3,779 3.06%
    $250k+ 184 $88,640,000 $481,739 $3,669 3.06%

    Financial Funding Solutions lent most frequently to those with incomes in the $100k-150k range, with 634 originations. The second most popular income band? $50k-75k, with 521 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 628 $190,210,000 $302,882 $3,299 3.06%
    30-36% 469 $151,325,000 $322,655 $3,841 3.11%
    <20% 244 $72,890,000 $298,730 $3,229 3.00%
    37% 98 $31,420,000 $320,612 $3,931 3.09%
    39% 93 $32,965,000 $354,462 $4,070 2.96%
    44% 92 $30,970,000 $336,630 $4,861 3.21%
    42% 91 $29,355,000 $322,582 $4,252 3.14%
    36% 91 $28,915,000 $317,747 $3,409 3.07%
    40% 91 $33,045,000 $363,132 $4,219 3.18%
    38% 89 $27,995,000 $314,551 $4,336 3.18%
    43% 83 $28,945,000 $348,735 $4,587 3.19%
    41% 78 $25,090,000 $321,667 $4,136 3.22%
    50-60% 76 $24,280,000 $319,474 $7,663 3.18%
    48% 67 $21,735,000 $324,403 $4,527 3.10%
    49% 64 $21,500,000 $335,938 $4,964 3.10%
    45% 62 $21,590,000 $348,226 $4,437 3.14%
    47% 51 $17,415,000 $341,471 $4,759 3.10%
    46% 47 $15,635,000 $332,660 $5,518 3.20%
    >60% 9 $2,695,000 $299,444 $7,739 3.04%

    Financial Funding Solutions lent most frequently to those with DTI ratios of 20-30%, with 628 originations. The next most common DTI ratio? 30-36%, with 469 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,103 $679,085,000 $322,913 $3,970 3.10%
    Not provided 266 $80,120,000 $301,203 $3,887 3.09%
    Asian 94 $33,780,000 $359,362 $4,046 2.87%
    Not applicable 86 $26,450,000 $307,558 $4,327 2.88%
    Black 43 $11,825,000 $275,000 $5,274 3.30%
    American Indian 10 $3,550,000 $355,000 $4,836 3.03%
    Native Hawaiian or Islander 3 $1,195,000 $398,333 $4,341 2.92%

    Approval Rates

    Total approvals of all applications
    100.00%

    Financial Funding Solutions 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
    94.32%

    Financial Funding Solutions has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    250.0 3 $675,000 $225,000
    525.0 1 $55,000 $55,000
    NA 2,601 $835,275,000 $321,136

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $1,600,000 $200,000
    Single Family (1-4 Units):Site-Built 2,597 $834,405,000 $321,296

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 216 $50,940,000 $235,833 $2,869 2.91%
    40-60% 557 $169,465,000 $304,246 $3,218 2.93%
    60-80% 991 $349,825,000 $353,002 $3,681 3.17%
    80-100% 731 $248,855,000 $340,431 $5,392 3.11%
    Over 100% 28 $8,780,000 $313,571 $11,526 2.92%
    Under 20% 81 $7,715,000 $95,247 $1,007 3.48%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Financial Business and Consumer Solutions. Conventional home mortgage Trouble during payment process 1 100.0%