Van Dyk Mortgage Corporation Rates, Fees & Info

GRAND RAPIDS, MI

LEI: 549300XQ7B5FIVUNFE29

Tax ID: 38-2749215

5 stars - Updated: 4/5/25 - out of 5 stars, based on 49 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Van Dyk Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. Van Dyk 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 by origination volume include: Tampa, Greeley, Muskegon, Atlanta, and Grand Rapids among others. We have data for 197 markets. (Some data included below & more in-depth data is available with an active subscription.)

Van Dyk Mortgage Corporation 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. Van Dyk Mortgage Corporation 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 7.15% 4/5/25
30 Year Conventional Refi 7.27% 4/5/25
30 Year Cash-out Refi 7.70% 4/5/25
30 Year FHA Purchase 7.48% 4/5/25
30 Year FHA Refi 7.25% 4/5/25
30 Year VA Purchase 6.69% 4/5/25
30 Year VA Refi 6.54% 4/5/25
30 Year USDA Purchase 7.09% 4/5/25
15 Year Conventional Purchase 6.44% 4/5/25
15 Year Conventional Refi 6.70% 4/5/25
15 Year Cash-out Refi 6.70% 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.

Van Dyk Mortgage Corporation Mortgage Calculator






Your Estimates

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

This is not an official calculator from Van Dyk Mortgage Corporation. 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

2,417

Origination Dollar Volume (All Markets)

$697,485,000
Show all (26) awards

Relative Rate

Van Dyk Mortgage Corporation's average 30 year fixed mortgage rate was 6.79%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

This yields a difference of 0.24%.

Relative Fees (Closing Costs)

Van Dyk Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,738.

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
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 340 $111,740,000 $328,647 $7,623 6.74%
GREELEY, CO (FHA|USDA|VA) 113 $42,555,000 $376,593 $10,998 6.49%
Outside of Metro Areas 153 $40,755,000 $266,373 $6,025 6.85%
MUSKEGON, MI (FHA|USDA|VA) 169 $33,935,000 $200,799 $5,550 6.87%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 105 $30,645,000 $291,857 $7,157 6.62%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 102 $25,710,000 $252,059 $5,202 6.81%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 89 $23,925,000 $268,820 $6,439 6.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 75 $23,605,000 $314,733 $6,987 7.10%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 58 $22,300,000 $384,483 $9,163 6.87%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 48 $17,930,000 $373,542 $8,206 7.01%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 37 $16,085,000 $434,730 $7,481 6.48%
POCATELLO, ID (FHA|USDA|VA) 51 $15,365,000 $301,275 $6,974 6.79%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 59 $14,765,000 $250,254 $3,073 6.79%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 51 $14,705,000 $288,333 $6,344 6.45%
Crossville, TN (FHA|USDA|VA) 56 $14,320,000 $255,714 $7,118 6.58%
TOLEDO, OH (FHA|USDA|VA) 54 $10,870,000 $201,296 $5,791 6.98%
ALBUQUERQUE, NM (FHA|USDA|VA) 38 $10,640,000 $280,000 $8,582 6.71%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 27 $9,455,000 $350,185 $4,928 6.81%
Kendallville, IN (FHA|USDA|VA) 45 $8,245,000 $183,222 $3,977 6.71%
DAYTON-KETTERING, OH (FHA|USDA|VA) 38 $7,630,000 $200,789 $5,264 6.96%
FORT WAYNE, IN (FHA|USDA|VA) 35 $7,345,000 $209,857 $4,097 6.94%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 18 $7,280,000 $404,444 $11,814 6.74%
SALT LAKE CITY, UT (FHA|USDA|VA) 16 $6,990,000 $436,875 $7,868 7.20%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 18 $6,620,000 $367,778 $8,100 6.94%
Cookeville, TN (FHA|USDA|VA) 18 $5,040,000 $280,000 $5,906 6.34%
TALLAHASSEE, FL (FHA|USDA|VA) 23 $4,985,000 $216,739 $5,058 6.80%
PROVO-OREM, UT (FHA|USDA|VA) 11 $4,935,000 $448,636 $13,159 6.53%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $4,650,000 $581,250 $8,767 6.98%
KNOXVILLE, TN (FHA|USDA|VA) 11 $4,545,000 $413,182 $8,505 6.60%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $4,355,000 $483,889 $9,984 6.65%
Thomaston, GA (FHA|USDA|VA) 21 $4,355,000 $207,381 $5,275 6.51%
Blackfoot, ID (FHA|USDA|VA) 13 $4,145,000 $318,846 $6,679 6.76%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $4,090,000 $409,000 $7,164 6.87%
Lufkin, TX (FHA|USDA|VA) 15 $3,675,000 $245,000 $6,648 6.43%
Burley, ID (FHA|USDA|VA) 11 $3,615,000 $328,636 $11,409 6.59%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $3,615,000 $401,667 $7,262 6.86%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 12 $3,590,000 $299,167 $4,648 6.66%
PUNTA GORDA, FL (FHA|USDA|VA) 14 $3,390,000 $242,143 $4,669 6.96%
TULSA, OK (FHA|USDA|VA) 12 $3,110,000 $259,167 $6,331 7.00%
Fort Morgan, CO (FHA|USDA|VA) 10 $2,980,000 $298,000 $8,396 6.49%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 11 $2,945,000 $267,727 $2,942 6.84%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 10 $2,870,000 $287,000 $7,830 6.61%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 14 $2,820,000 $201,429 $4,824 6.57%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $2,600,000 $433,333 $7,402 7.67%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $2,450,000 $204,167 $3,853 7.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $2,420,000 $403,333 $6,806 6.89%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $2,360,000 $295,000 $5,187 7.23%
FORT COLLINS, CO (FHA|USDA|VA) 6 $2,340,000 $390,000 $14,265 6.50%
Auburn, IN (FHA|USDA|VA) 10 $2,190,000 $219,000 $3,953 7.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 6 $2,100,000 $350,000 $8,447 6.33%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 7 $1,975,000 $282,143 $7,610 6.61%
ANCHORAGE, AK (FHA|USDA|VA) 4 $1,930,000 $482,500 $7,968 7.28%
PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $1,875,000 $267,857 $7,415 7.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 10 $1,840,000 $184,000 $5,106 6.55%
Milledgeville, GA (FHA|USDA|VA) 9 $1,705,000 $189,444 $4,486 6.58%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,665,000 $555,000 $6,828 7.00%
WARNER ROBINS, GA (FHA|USDA|VA) 9 $1,585,000 $176,111 $6,849 7.50%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,490,000 $372,500 $7,619 7.47%
Jefferson, GA (FHA|USDA|VA) 5 $1,475,000 $295,000 $6,445 6.52%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,475,000 $295,000 $7,726 6.70%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 4 $1,390,000 $347,500 $4,764 7.15%
OCALA, FL (FHA|USDA|VA) 5 $1,355,000 $271,000 $3,333 7.03%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,335,000 $267,000 $10,196 6.80%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,320,000 $660,000 $7,869 6.81%
Sault Ste. Marie, MI (FHA|USDA|VA) 9 $1,305,000 $145,000 $4,578 7.03%
Holland, MI (FHA|USDA|VA) 6 $1,290,000 $215,000 $3,682 7.27%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,265,000 $253,000 $8,134 6.33%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,240,000 $310,000 $8,364 6.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,200,000 $300,000 $8,113 6.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,170,000 $585,000 $20,336 8.88%
IDAHO FALLS, ID (FHA|USDA|VA) 3 $1,075,000 $358,333 $9,153 6.66%
Silver City, NM (FHA|USDA|VA) 6 $1,030,000 $171,667 $5,410 6.85%
Angola, IN (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,391 7.08%
JACKSON, MI (FHA|USDA|VA) 3 $1,015,000 $338,333 $1,576 6.66%
SANTA FE, NM (FHA|USDA|VA) 3 $1,015,000 $338,333 $12,181 6.71%
PEORIA, IL (FHA|USDA|VA) 8 $1,010,000 $126,250 $3,677 7.14%
LONGVIEW, TX (FHA|USDA|VA) 5 $1,005,000 $201,000 $5,109 6.63%
Nacogdoches, TX (FHA|USDA|VA) 3 $985,000 $328,333 $9,067 6.08%
Warsaw, IN (FHA|USDA|VA) 6 $920,000 $153,333 $4,062 6.88%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $910,000 $455,000 $11,547 5.56%
SAGINAW, MI (FHA|USDA|VA) 5 $815,000 $163,000 $4,338 6.82%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $810,000 $405,000 $3,476 7.00%
RENO, NV (FHA|USDA|VA) 1 $765,000 $765,000 $5,010 7.13%
FRESNO, CA (FHA|USDA|VA) 1 $755,000 $755,000 $11,083 6.38%
Cadillac, MI (FHA|USDA|VA) 5 $755,000 $151,000 $5,607 6.75%
Big Rapids, MI (FHA|USDA|VA) 3 $755,000 $251,667 $3,723 7.50%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $750,000 $375,000 $12,053 7.31%
LAS CRUCES, NM (FHA|USDA|VA) 2 $740,000 $370,000 $5,069 6.88%
Evanston, WY (FHA|USDA|VA) 2 $740,000 $370,000 $10,643 6.62%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $725,000 $725,000 $3,121 6.63%
LaGrange, GA-AL (FHA|USDA|VA) 3 $725,000 $241,667 $6,211 6.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $715,000 $715,000 $12,941 6.63%
PANAMA CITY, FL (FHA|USDA|VA) 3 $705,000 $235,000 $6,752 6.33%
SPRINGFIELD, OH (FHA|USDA|VA) 4 $690,000 $172,500 $4,659 7.06%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $650,000 $325,000 $10,690 7.25%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $645,000 $645,000 $5,135 6.99%
Mount Pleasant, TX (FHA|USDA|VA) 3 $615,000 $205,000 $4,671 6.63%
BOULDER, CO (FHA|USDA|VA) 1 $575,000 $575,000 $19,975 7.25%
Ludington, MI (FHA|USDA|VA) 3 $565,000 $188,333 $5,662 7.04%
Decatur, IN (FHA|USDA|VA) 2 $560,000 $280,000 $3,195 7.00%
DALTON, GA (FHA|USDA|VA) 2 $560,000 $280,000 $10,302 6.18%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $555,000 $185,000 $6,578 7.04%
GAINESVILLE, GA (FHA|USDA|VA) 1 $545,000 $545,000 $3,429 6.50%
PITTSBURGH, PA (FHA|USDA|VA) 2 $530,000 $265,000 $9,319 6.68%
Adrian, MI (FHA|USDA|VA) 2 $520,000 $260,000 $1,278 6.37%
FLINT, MI (FHA|USDA|VA) 2 $520,000 $260,000 $8,777 6.69%
CLEVELAND, TN (FHA|USDA|VA) 2 $510,000 $255,000 $1,671 6.25%
Muskogee, OK (FHA|USDA|VA) 2 $510,000 $255,000 $9,561 6.99%
COLUMBUS, OH (FHA|USDA|VA) 1 $505,000 $505,000 $9,034 6.00%
McMinnville, TN (FHA|USDA|VA) 2 $500,000 $250,000 $7,356 6.37%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $500,000 $250,000 $3,865 7.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $500,000 $250,000 $3,292 6.94%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $495,000 $495,000 $13,769 6.63%
Wabash, IN (FHA|USDA|VA) 2 $490,000 $245,000 $4,980 6.31%
Lake City, FL (FHA|USDA|VA) 2 $490,000 $245,000 $9,933 6.75%
GAINESVILLE, FL (FHA|USDA|VA) 3 $465,000 $155,000 $7,136 7.46%
Huntington, IN (FHA|USDA|VA) 2 $460,000 $230,000 $5,976 6.94%
Rexburg, ID (FHA|USDA|VA) 1 $455,000 $455,000 $14,062 5.99%
LOGAN, UT-ID (FHA|USDA|VA) 1 $445,000 $445,000 $1,277 6.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $440,000 $220,000 $4,090 6.75%
Arcadia, FL (FHA|USDA|VA) 1 $435,000 $435,000 $12,485 6.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $435,000 $435,000 $4,663 6.25%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $2,976 7.00%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $425,000 $425,000 $26,024 5.38%
ST. GEORGE, UT (FHA|USDA|VA) 2 $420,000 $210,000 $3,646 6.50%
Marion, IN (FHA|USDA|VA) 3 $415,000 $138,333 $4,326 7.38%
NILES, MI (FHA|USDA|VA) 1 $405,000 $405,000 $3,555 6.13%
MADISON, WI (FHA|USDA|VA) 1 $405,000 $405,000 $5,146 7.13%
Plymouth, IN (FHA|USDA|VA) 1 $405,000 $405,000 $4,375 8.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $405,000 $405,000 $8,397 6.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $395,000 $395,000 $5,568 6.63%
TWIN FALLS, ID (FHA|USDA|VA) 1 $385,000 $385,000 $9,230 7.00%
Thomasville, GA (FHA|USDA|VA) 1 $385,000 $385,000 $16,913 4.75%
Rock Springs, WY (FHA|USDA|VA) 1 $385,000 $385,000 $9,250 5.50%
Logansport, IN (FHA|USDA|VA) 1 $345,000 $345,000 $10,238 7.63%
Vernal, UT (FHA|USDA|VA) 1 $345,000 $345,000 $2,271 7.63%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $340,000 $170,000 $4,997 7.49%
Wilmington, OH (FHA|USDA|VA) 2 $340,000 $170,000 $6,248 6.31%
BATTLE CREEK, MI (FHA|USDA|VA) 3 $335,000 $111,667 $1,531 6.42%
BOISE CITY, ID (FHA|USDA|VA) 1 $325,000 $325,000 $2,883 7.00%
Taos, NM (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.13%
Dayton, TN (FHA|USDA|VA) 2 $320,000 $160,000 $5,760 6.99%
VALDOSTA, GA (FHA|USDA|VA) 2 $320,000 $160,000 $4,091 7.25%
Cullowhee, NC (FHA|USDA|VA) 1 $315,000 $315,000 $0 5.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $315,000 $315,000 $10,865 7.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $315,000 $315,000 $6,018 6.63%
Sevierville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $1,801 7.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $275,000 $275,000 $5,482 6.63%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $275,000 $275,000 $8,161 7.13%
WILMINGTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,318 6.99%
Hillsdale, MI (FHA|USDA|VA) 1 $275,000 $275,000 $7,441 6.63%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.63%
Wapakoneta, OH (FHA|USDA|VA) 1 $265,000 $265,000 $4,757 6.99%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $265,000 $265,000 $7,206 6.99%
Fallon, NV (FHA|USDA|VA) 1 $255,000 $255,000 $5,963 7.13%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $255,000 $255,000 $4,567 6.88%
TYLER, TX (FHA|USDA|VA) 1 $255,000 $255,000 $1,796 7.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $255,000 $255,000 $5,201 7.00%
Campbellsville, KY (FHA|USDA|VA) 1 $255,000 $255,000 $14,362 6.63%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $250,000 $125,000 $4,812 6.63%
Clewiston, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,128 6.63%
EL PASO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $9,777 5.99%
Jacksonville, TX (FHA|USDA|VA) 1 $245,000 $245,000 $6,376 6.63%
Bluffton, IN (FHA|USDA|VA) 1 $245,000 $245,000 $1,521 6.88%
Alma, MI (FHA|USDA|VA) 2 $240,000 $120,000 $5,605 6.31%
Richmond, IN (FHA|USDA|VA) 1 $235,000 $235,000 $7,654 6.38%
Alamogordo, NM (FHA|USDA|VA) 1 $225,000 $225,000 $4,833 5.50%
MORRISTOWN, TN (FHA|USDA|VA) 1 $225,000 $225,000 $13,380 5.13%
Bainbridge, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,250 6.13%
AMARILLO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $2,145 6.75%
Statesboro, GA (FHA|USDA|VA) 1 $215,000 $215,000 $12,161 6.25%
COLUMBIA, SC (FHA|USDA|VA) 1 $215,000 $215,000 $3,224 6.88%
Heber, UT (FHA|USDA|VA) 1 $205,000 $205,000 $5,608 7.38%
Ashtabula, OH (FHA|USDA|VA) 1 $205,000 $205,000 $7,835 6.88%
Chillicothe, OH (FHA|USDA|VA) 1 $195,000 $195,000 $6,560 7.63%
MUNCIE, IN (FHA|USDA|VA) 1 $195,000 $195,000 $6,908 6.38%
Martin, TN (FHA|USDA|VA) 1 $195,000 $195,000 $6,105 7.38%
Mount Pleasant, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,420 7.38%
Union City, TN (FHA|USDA|VA) 1 $195,000 $195,000 $3,835 6.38%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.88%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $7,741 7.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $185,000 $185,000 $5,579 8.13%
ANN ARBOR, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,531 8.88%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $175,000 $175,000 $5,928 6.63%
Houghton, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,441 8.13%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,925 7.50%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,579 7.63%
Selma, AL (FHA|USDA|VA) 1 $145,000 $145,000 $1,050 6.99%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $135,000 $135,000 $790 5.63%
El Campo, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,979 6.99%
AKRON, OH (FHA|USDA|VA) 1 $125,000 $125,000 $1,167 6.88%
RICHMOND, VA (FHA|USDA|VA) 1 $115,000 $115,000 $2,635 6.25%
Deming, NM (FHA|USDA|VA) 1 $105,000 $105,000 $6,556 5.75%
Borger, TX (FHA|USDA|VA) 1 $75,000 $75,000 $3,712 7.75%
Okeechobee, FL (FHA|USDA|VA) 1 $75,000 $75,000 $4,310 6.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $75,000 $75,000 $3,432 6.99%
ROME, GA (FHA|USDA|VA) 1 $65,000 $65,000 $4,138 6.75%
Van Dyk Mortgage Corporation's top markets include Tampa, Greeley, Muskegon, Atlanta, and Grand Rapids among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,443 $421,815,000 $292,318 $5,677 6.89%
    FHA 677 $185,775,000 $274,409 $8,935 6.67%
    VA 227 $76,115,000 $335,308 $7,794 6.50%
    USDA 70 $13,780,000 $196,857 $3,903 6.52%

    For 2024, Van Dyk Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,443 originations. Their 2nd most popular type was FHA, with 677 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,270 $659,440,000 $290,502 $6,670 6.79%
    Refi 79 $22,725,000 $287,658 $7,512 6.57%
    Cash Out Refi 67 $15,115,000 $225,597 $8,245 6.82%
    Home Improvement 1 $205,000 $205,000 $15,780 4.75%

    For 2024, Van Dyk Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 2,270 originations. The 2nd most popular reason was Refi, with 79 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,366 $683,690,000 $288,964 $6,738 6.79%
    15 Year 24 $5,900,000 $245,833 $8,128 6.21%
    20 Year 15 $4,785,000 $319,000 $5,472 6.35%
    10 Year 6 $1,150,000 $191,667 $6,661 6.31%
    Other 6 $1,960,000 $326,667 $7,007 6.81%

    For 2024, Van Dyk Mortgage Corporation's most frequently cited loan duration was 30 Year, with 2,366 originations. The 2nd most popular length was 15 Year, with 24 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 938 $260,180,000 $277,377
    $5k+ 488 $181,340,000 $371,598
    $1k-2k 366 $99,340,000 $271,421
    $2k-3k 266 $60,120,000 $226,015
    $3k-4k 191 $46,345,000 $242,644
    $4k-5k 168 $50,160,000 $298,571

    Van Dyk Mortgage Corporation's average total fees were $6,738, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 938 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,369 $394,945,000 $288,492
    7-8% 656 $188,480,000 $287,317
    5-6% 324 $97,490,000 $300,895
    Over 8% 55 $12,305,000 $223,727
    4-5% 13 $4,265,000 $328,077

    During 2024, Van Dyk Mortgage Corporation's average interest rate for loans was 6.79%, while their most frequently originated rate bucket for loans was 6-7%, with 1,369 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,225 $350,095,000 $285,792 $6,994 6.76%
    $100k-200k 654 $102,550,000 $156,804 $4,372 6.81%
    $400k-600k 315 $148,455,000 $471,286 $10,306 6.69%
    $100,000 or less 108 $8,960,000 $82,963 $3,898 7.07%
    $600k-1MM 106 $74,490,000 $702,736 $9,219 6.74%
    $1MM+ 9 $12,935,000 $1,437,222 $25,062 7.08%

    2024 saw Van Dyk Mortgage Corporation place emphasis on $200k-400k loans with 1,225 originations, totaling $350,095,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 612 $133,200,000 $217,647 $5,863 6.68%
    $100k-150k 498 $156,130,000 $313,514 $7,598 6.87%
    $75k-100k 481 $129,275,000 $268,763 $6,349 6.75%
    $50k or less 364 $66,920,000 $183,846 $5,365 6.67%
    $150k-250k 314 $131,530,000 $418,885 $8,080 6.90%
    $250k+ 140 $77,740,000 $555,286 $9,701 7.03%

    Van Dyk Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 612 originations. The second most popular income band? $100k-150k, with 498 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 391 $108,705,000 $278,018 $6,003 6.76%
    20-30% 281 $72,795,000 $259,057 $5,912 6.74%
    50-60% 210 $68,070,000 $324,143 $10,244 6.60%
    49% 167 $50,135,000 $300,210 $7,002 6.88%
    44% 125 $37,005,000 $296,040 $7,932 6.78%
    40% 116 $31,340,000 $270,172 $6,217 6.87%
    46% 114 $34,150,000 $299,561 $6,824 6.84%
    47% 108 $31,310,000 $289,907 $6,516 6.78%
    48% 100 $30,190,000 $301,900 $7,275 6.81%
    45% 100 $29,500,000 $295,000 $6,681 6.86%
    43% 99 $28,625,000 $289,141 $6,132 6.89%
    41% 98 $26,850,000 $273,980 $6,517 6.80%
    39% 98 $28,940,000 $295,306 $6,354 6.86%
    42% 91 $28,305,000 $311,044 $6,758 6.83%
    38% 89 $23,925,000 $268,820 $5,388 6.76%
    37% 79 $21,885,000 $277,025 $6,362 6.76%
    36% 74 $21,060,000 $284,595 $6,019 6.71%
    <20% 70 $21,720,000 $310,286 $5,686 6.74%
    >60% 7 $2,975,000 $425,000 $10,223 6.27%

    Van Dyk Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 391 originations. The next most common DTI ratio? 20-30%, with 281 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,794 $509,100,000 $283,779 $6,526 6.80%
    Not provided 436 $138,130,000 $316,812 $7,950 6.68%
    Black 150 $37,840,000 $252,267 $5,793 6.80%
    Asian 30 $9,600,000 $320,000 $6,671 6.88%
    Native Hawaiian or Islander 2 $1,500,000 $750,000 $14,967 6.75%
    American Indian 4 $1,000,000 $250,000 $5,488 6.93%
    Asian Indian 1 $315,000 $315,000 $2,611 5.99%

    Approval Rates

    Total approvals of all applications
    97.70%

    Van Dyk 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
    50.81%

    Van Dyk Mortgage Corporation 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 2,417 $697,485,000 $288,575

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,417 $697,485,000 $288,575

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 70 $11,390,000 $162,714 $4,916 6.71%
    40-60% 177 $41,585,000 $234,944 $5,869 6.68%
    60-80% 512 $157,060,000 $306,758 $7,246 6.82%
    80-100% 1,583 $464,965,000 $293,724 $6,572 6.76%
    Over 100% 55 $20,095,000 $365,364 $12,715 6.50%
    Under 20% 20 $2,390,000 $119,500 $5,121 8.67%