Augusta Financial Mortgage Rates, Fees & Info
Santa Clarita, CALEI: 549300XBOKNEE2CQJL92
Tax ID: 95-4588714
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Augusta Financial is a smaller mortgage company specializing in Home Purchase loans. Augusta Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Oxnard, Riverside, Bakersfield, and San Diego among others. We have data for 36 markets. (Some data included below & more in-depth data is available with an active subscription.)Augusta Financial 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. Augusta Financial is typically a high 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 | 7.02% | 4/5/25 |
| 30 Year Conventional Refi | 6.87% | 4/5/25 |
| 30 Year Cash-out Refi | 6.84% | 4/5/25 |
| 30 Year FHA Purchase | 6.94% | 4/5/25 |
| 30 Year FHA Refi | 6.87% | 4/5/25 |
| 30 Year VA Purchase | 6.36% | 4/5/25 |
| 30 Year VA Refi | 5.78% | 4/5/25 |
| 15 Year Conventional Purchase | 6.24% | 4/5/25 |
| 15 Year Conventional Refi | 5.78% | 4/5/25 |
| 15 Year Cash-out Refi | 5.78% | 4/5/25 |
| 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. | ||
Augusta Financial Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Augusta Financial. 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
587Origination Dollar Volume (All Markets)
$348,235,000Awards
AUGUSTA FINANCIAL - 2024
AUGUSTA FINANCIAL is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for AUGUSTA FINANCIAL?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Augusta Financial's average 30 year fixed mortgage rate was
6.59%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.04%.
Relative Fees (Closing Costs)
Augusta Financial's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,622.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 362 | $224,100,000 | $619,061 | $11,945 | 6.77% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 117 | $77,135,000 | $659,274 | $12,063 | 6.55% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 22 | $9,940,000 | $451,818 | $9,023 | 6.97% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 29 | $9,325,000 | $321,552 | $11,043 | 6.57% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 8 | $3,960,000 | $495,000 | $10,645 | 6.53% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $2,755,000 | $551,000 | $6,932 | 6.60% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $2,375,000 | $791,667 | $15,577 | 6.54% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,955,000 | $651,667 | $16,290 | 6.60% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $1,740,000 | $870,000 | $19,961 | 5.88% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 7.99% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $3,831 | 7.49% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $1,220,000 | $610,000 | $10,123 | 7.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $8,285 | 6.58% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $5,300 | 7.68% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $7,072 | 6.43% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 7.99% |
| REDDING, CA (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $8,302 | 6.19% |
| Outside of Metro Areas | 2 | $700,000 | $350,000 | $5,605 | 6.87% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 7.99% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $15,132 | 6.63% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $5,600 | 7.13% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $15,041 | 5.75% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,435 | 6.75% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,323 | 6.99% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 7.49% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 7.49% |
| MADERA, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $18,146 | 5.75% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,366 | 7.63% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,858 | 5.25% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,488 | 7.38% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,853 | 5.99% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,021 | 7.38% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,642 | 6.50% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,202 | 6.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,379 | 7.38% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,882 | 6.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against AUGUSTA FINANCIAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 36
Similarity Rank: 36
Similarity Rank: 42
Similarity Rank: 56
Similarity Rank: 81
Similarity Rank: 135
Similarity Rank: 176
Similarity Rank: 184
Similarity Rank: 205
Similarity Rank: 216
Product Mix
For 2024, Augusta Financial's most frequently originated type of loan was Conventional, with 422 originations. Their 2nd most popular type was FHA, with 120 originations.
Loan Reason
For 2024, Augusta Financial's most frequently cited loan purpose was Home Purchase, with 441 originations. The 2nd most popular reason was Refi, with 100 originations.
Loan Duration/Length
For 2024, Augusta Financial's most frequently cited loan duration was 30 Year, with 511 originations. The 2nd most popular length was Other, with 67 originations.
Origination Fees/Closing Costs
Augusta Financial's average total fees were $11,622, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 269 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 344 | $201,720,000 | $586,395 |
| 7-8% | 153 | $97,615,000 | $638,007 |
| 5-6% | 84 | $46,420,000 | $552,619 |
| Over 8% | 4 | $2,150,000 | $537,500 |
| 4-5% | 2 | $330,000 | $165,000 |
During 2024, Augusta Financial's average interest rate for loans was 6.59%, while their most frequently originated rate bucket for loans was 6-7%, with 344 originations.
Loan Sizing
2024 saw Augusta Financial place emphasis on $600k-1MM loans with 211 originations, totaling $160,925,000 in origination value.
Applicant Income
Augusta Financial lent most frequently to those with incomes in the $150k-250k range, with 199 originations. The second most popular income band? $250k+, with 124 originations.
Applicant Debt to Income Ratio
Augusta Financial lent most frequently to those with DTI ratios of 30-36%, with 62 originations. The next most common DTI ratio? 50-60%, with 59 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.04%
Augusta Financial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination60.31%
Augusta Financial 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 | 587 | $348,235,000 | $593,245 |