Van Dyk Mortgage Corporation Rates, Fees & Info

GRAND RAPIDS, MI

LEI: 549300XQ7B5FIVUNFE29

Tax ID: 38-2749215

5 stars - Updated: 12/17/24 - out of 5 stars, based on 56 reviews

Latest/2023 | 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, Atlanta, New York, Miami, and Greeley among others. We have data for 226 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 an average 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 relatively high 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 6.88% 12/17/24
30 Year Conventional Refi 6.62% 12/17/24
30 Year Cash-out Refi 6.88% 12/17/24
30 Year FHA Purchase 7.46% 12/17/24
30 Year FHA Refi 7.22% 12/17/24
30 Year VA Purchase 6.44% 12/17/24
30 Year VA Refi 6.08% 12/17/24
30 Year USDA Purchase 6.92% 12/17/24
30 Year USDA Refi 6.27% 12/17/24
15 Year Conventional Purchase 6.20% 12/17/24
15 Year Conventional Refi 6.07% 12/17/24
15 Year Cash-out Refi 6.07% 12/17/24
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.

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

3,132

Origination Dollar Volume (All Markets)

$886,980,000
Show all (28) awards

Relative Rate

Van Dyk Mortgage Corporation's average 30 year fixed mortgage rate was 6.85%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.37%.

Relative Fees (Closing Costs)

Van Dyk Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,959.

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 $9,089.

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) 460 $147,050,000 $319,674 $7,184 6.74%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 195 $60,075,000 $308,077 $7,417 6.79%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 123 $44,205,000 $359,390 $11,806 6.78%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 120 $38,500,000 $320,833 $8,543 6.94%
Outside of Metro Areas 158 $37,230,000 $235,633 $5,571 6.90%
GREELEY, CO (FHA|USDA|VA) 91 $33,475,000 $367,857 $8,025 6.98%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 120 $28,060,000 $233,833 $6,055 6.97%
MUSKEGON, MI (FHA|USDA|VA) 165 $27,495,000 $166,636 $4,482 6.99%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 71 $26,445,000 $372,465 $8,515 6.83%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 77 $23,205,000 $301,364 $7,830 7.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 105 $22,935,000 $218,429 $5,196 6.93%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 39 $15,795,000 $405,000 $6,689 6.52%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 31 $14,795,000 $477,258 $8,437 6.61%
POCATELLO, ID (FHA|USDA|VA) 43 $13,515,000 $314,302 $7,654 6.72%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 58 $12,540,000 $216,207 $3,280 6.86%
ALBUQUERQUE, NM (FHA|USDA|VA) 44 $12,040,000 $273,636 $8,361 6.78%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 38 $11,020,000 $290,000 $9,325 6.52%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 38 $10,470,000 $275,526 $6,617 6.39%
Crossville, TN (FHA|USDA|VA) 45 $10,165,000 $225,889 $7,391 7.02%
SALT LAKE CITY, UT (FHA|USDA|VA) 21 $9,415,000 $448,333 $8,003 6.85%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 25 $8,825,000 $353,000 $5,624 6.85%
TOLEDO, OH (FHA|USDA|VA) 52 $8,480,000 $163,077 $5,732 6.84%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 20 $8,220,000 $411,000 $7,882 6.46%
Kendallville, IN (FHA|USDA|VA) 39 $7,105,000 $182,179 $4,113 6.92%
TULSA, OK (FHA|USDA|VA) 25 $6,475,000 $259,000 $7,241 6.95%
TALLAHASSEE, FL (FHA|USDA|VA) 28 $6,430,000 $229,643 $5,206 6.85%
LAREDO, TX (FHA|USDA|VA) 25 $6,145,000 $245,800 $7,060 6.50%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 23 $5,825,000 $253,261 $6,087 6.70%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 15 $5,775,000 $385,000 $9,701 6.76%
Milledgeville, GA (FHA|USDA|VA) 26 $5,750,000 $221,154 $6,439 6.67%
ANCHORAGE, AK (FHA|USDA|VA) 16 $5,590,000 $349,375 $8,576 7.11%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 31 $5,575,000 $179,839 $5,344 6.68%
Cookeville, TN (FHA|USDA|VA) 22 $5,420,000 $246,364 $4,810 6.91%
DAYTON-KETTERING, OH (FHA|USDA|VA) 25 $5,325,000 $213,000 $5,315 7.09%
FORT WAYNE, IN (FHA|USDA|VA) 23 $5,085,000 $221,087 $4,543 7.04%
PUNTA GORDA, FL (FHA|USDA|VA) 15 $4,885,000 $325,667 $9,653 6.97%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $4,805,000 $686,429 $17,262 6.45%
Heber, UT (FHA|USDA|VA) 7 $4,595,000 $656,429 $12,776 6.79%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 17 $4,595,000 $270,294 $7,519 6.76%
Burley, ID (FHA|USDA|VA) 15 $4,445,000 $296,333 $9,898 6.83%
Silver City, NM (FHA|USDA|VA) 23 $4,265,000 $185,435 $7,685 6.89%
PORT ST. LUCIE, FL (FHA|USDA|VA) 15 $4,175,000 $278,333 $7,091 6.68%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 15 $4,055,000 $270,333 $6,689 6.54%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 11 $3,905,000 $355,000 $13,888 6.23%
WARNER ROBINS, GA (FHA|USDA|VA) 16 $3,870,000 $241,875 $7,241 6.70%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 9 $3,825,000 $425,000 $15,514 7.15%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 15 $3,335,000 $222,333 $7,402 7.04%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 16 $3,260,000 $203,750 $4,367 7.21%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $3,245,000 $463,571 $16,049 6.75%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 14 $3,210,000 $229,286 $4,225 6.87%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $3,210,000 $321,000 $5,773 6.88%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $3,090,000 $1,545,000 $8,927 7.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $3,035,000 $275,909 $5,565 6.70%
Blackfoot, ID (FHA|USDA|VA) 9 $3,025,000 $336,111 $8,181 6.43%
FORT COLLINS, CO (FHA|USDA|VA) 6 $2,930,000 $488,333 $9,125 6.81%
Auburn, IN (FHA|USDA|VA) 15 $2,885,000 $192,333 $5,042 6.97%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $2,865,000 $318,333 $7,363 6.71%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $2,775,000 $252,273 $3,551 6.42%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 14 $2,670,000 $190,714 $4,236 7.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 12 $2,660,000 $221,667 $4,473 6.99%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 10 $2,660,000 $266,000 $4,578 7.05%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $2,590,000 $647,500 $1,691 7.03%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $2,465,000 $352,143 $5,087 6.80%
Evanston, WY (FHA|USDA|VA) 8 $2,460,000 $307,500 $3,775 6.72%
Thomaston, GA (FHA|USDA|VA) 13 $2,405,000 $185,000 $3,580 7.13%
OCALA, FL (FHA|USDA|VA) 9 $2,385,000 $265,000 $8,490 6.54%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,380,000 $297,500 $9,824 7.30%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 7 $2,365,000 $337,857 $11,389 6.89%
Sault Ste. Marie, MI (FHA|USDA|VA) 16 $2,320,000 $145,000 $5,495 6.90%
IDAHO FALLS, ID (FHA|USDA|VA) 7 $2,255,000 $322,143 $8,543 6.75%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $2,235,000 $319,286 $8,450 6.61%
KNOXVILLE, TN (FHA|USDA|VA) 7 $2,175,000 $310,714 $8,966 6.80%
PROVO-OREM, UT (FHA|USDA|VA) 5 $2,055,000 $411,000 $8,938 6.60%
Fallon, NV (FHA|USDA|VA) 5 $1,885,000 $377,000 $8,293 6.53%
Fort Morgan, CO (FHA|USDA|VA) 7 $1,845,000 $263,571 $6,631 7.07%
LOGAN, UT-ID (FHA|USDA|VA) 3 $1,785,000 $595,000 $7,245 5.83%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $1,775,000 $355,000 $2,803 7.38%
PEORIA, IL (FHA|USDA|VA) 11 $1,735,000 $157,727 $5,008 6.97%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,465,000 $293,000 $10,511 7.23%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,435,000 $478,333 $11,466 6.88%
ST. GEORGE, UT (FHA|USDA|VA) 3 $1,415,000 $471,667 $7,276 7.29%
SAVANNAH, GA (FHA|USDA|VA) 3 $1,365,000 $455,000 $11,224 6.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,170,000 $292,500 $15,015 6.06%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,145,000 $229,000 $8,280 6.63%
SPRINGFIELD, OH (FHA|USDA|VA) 5 $1,085,000 $217,000 $8,200 7.65%
Holland, MI (FHA|USDA|VA) 6 $1,050,000 $175,000 $6,270 6.42%
Cadillac, MI (FHA|USDA|VA) 9 $1,035,000 $115,000 $3,653 7.13%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 5 $1,025,000 $205,000 $2,772 6.88%
Lufkin, TX (FHA|USDA|VA) 3 $975,000 $325,000 $11,781 7.42%
Warsaw, IN (FHA|USDA|VA) 3 $965,000 $321,667 $6,455 6.92%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 3 $945,000 $315,000 $8,220 6.96%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $910,000 $455,000 $8,768 7.50%
CLEVELAND, TN (FHA|USDA|VA) 3 $815,000 $271,667 $8,394 6.54%
Wilmington, OH (FHA|USDA|VA) 4 $810,000 $202,500 $7,334 6.66%
Angola, IN (FHA|USDA|VA) 5 $785,000 $157,000 $5,481 6.98%
BOISE CITY, ID (FHA|USDA|VA) 2 $770,000 $385,000 $6,552 6.44%
TWIN FALLS, ID (FHA|USDA|VA) 2 $760,000 $380,000 $12,473 6.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $730,000 $365,000 $7,551 7.13%
AMARILLO, TX (FHA|USDA|VA) 4 $730,000 $182,500 $7,730 7.09%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $725,000 $241,667 $8,320 7.08%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $725,000 $725,000 $3,450 7.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $700,000 $350,000 $10,613 6.81%
MORRISTOWN, TN (FHA|USDA|VA) 3 $695,000 $231,667 $7,800 6.67%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $670,000 $335,000 $10,382 6.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $665,000 $221,667 $3,235 7.04%
Sturgis, MI (FHA|USDA|VA) 3 $655,000 $218,333 $4,671 7.13%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $630,000 $315,000 $1,176 6.88%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $605,000 $605,000 $2,886 6.38%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $605,000 $605,000 $6,728 6.88%
LONGVIEW, TX (FHA|USDA|VA) 3 $605,000 $201,667 $3,592 6.50%
COLUMBUS, OH (FHA|USDA|VA) 1 $605,000 $605,000 $5,748 6.63%
Rexburg, ID (FHA|USDA|VA) 2 $600,000 $300,000 $5,079 7.44%
THE VILLAGES, FL (FHA|USDA|VA) 2 $600,000 $300,000 $7,889 6.50%
Paris, TN (FHA|USDA|VA) 3 $585,000 $195,000 $4,645 6.75%
MONROE, MI (FHA|USDA|VA) 3 $575,000 $191,667 $8,298 6.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $575,000 $191,667 $3,523 7.46%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $575,000 $575,000 $8,627 6.50%
BATTLE CREEK, MI (FHA|USDA|VA) 3 $565,000 $188,333 $1,514 6.92%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $565,000 $188,333 $5,594 6.58%
Greeneville, TN (FHA|USDA|VA) 2 $550,000 $275,000 $5,947 6.63%
Athens, TX (FHA|USDA|VA) 3 $525,000 $175,000 $7,013 6.38%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $525,000 $525,000 $19,284 6.63%
Martin, TN (FHA|USDA|VA) 2 $490,000 $245,000 $6,921 7.06%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $485,000 $485,000 $25,236 6.13%
ASHEVILLE, NC (FHA|USDA|VA) 1 $475,000 $475,000 $4,478 7.00%
Thomasville, GA (FHA|USDA|VA) 1 $475,000 $475,000 $15,240 7.50%
Clewiston, FL (FHA|USDA|VA) 2 $470,000 $235,000 $6,359 6.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $465,000 $465,000 $5,514 6.63%
VISALIA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $11,549 6.75%
Newport, TN (FHA|USDA|VA) 2 $460,000 $230,000 $5,587 7.94%
LOUISVILLE, KY (FHA|USDA|VA) 2 $450,000 $225,000 $4,131 7.18%
COLUMBIA, SC (FHA|USDA|VA) 1 $445,000 $445,000 $28,076 6.88%
Nacogdoches, TX (FHA|USDA|VA) 2 $440,000 $220,000 $5,095 7.31%
LaGrange, GA-AL (FHA|USDA|VA) 2 $440,000 $220,000 $7,571 6.56%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $435,000 $435,000 $5,987 7.25%
Fredericksburg, TX (FHA|USDA|VA) 1 $425,000 $425,000 $10,115 7.63%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $425,000 $425,000 $1,989 8.13%
PITTSBURGH, PA (FHA|USDA|VA) 2 $410,000 $205,000 $4,918 7.19%
NILES, MI (FHA|USDA|VA) 2 $400,000 $200,000 $909 7.81%
Huntington, IN (FHA|USDA|VA) 1 $395,000 $395,000 $11,505 7.13%
Athens, OH (FHA|USDA|VA) 1 $395,000 $395,000 $4,990 7.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $385,000 $385,000 $11,009 7.13%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $385,000 $385,000 $1,451 6.38%
PANAMA CITY, FL (FHA|USDA|VA) 2 $380,000 $190,000 $8,300 7.75%
Bluffton, IN (FHA|USDA|VA) 1 $365,000 $365,000 $11,357 7.13%
SAGINAW, MI (FHA|USDA|VA) 2 $360,000 $180,000 $2,979 6.56%
JACKSON, MI (FHA|USDA|VA) 2 $350,000 $175,000 $4,102 7.38%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $350,000 $175,000 $3,170 7.31%
SYRACUSE, NY (FHA|USDA|VA) 1 $345,000 $345,000 $6,613 7.88%
Fernley, NV (FHA|USDA|VA) 1 $345,000 $345,000 $9,248 6.63%
DALTON, GA (FHA|USDA|VA) 1 $345,000 $345,000 $1,610 8.50%
McMinnville, TN (FHA|USDA|VA) 2 $340,000 $170,000 $7,115 6.75%
Plymouth, IN (FHA|USDA|VA) 1 $335,000 $335,000 $3,540 6.75%
Shelbyville, TN (FHA|USDA|VA) 1 $335,000 $335,000 $979 6.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $330,000 $165,000 $8,316 6.44%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $325,000 $325,000 $6,881 6.75%
AKRON, OH (FHA|USDA|VA) 1 $325,000 $325,000 $10,868 5.25%
ALBANY, GA (FHA|USDA|VA) 1 $315,000 $315,000 $7,969 6.88%
Corsicana, TX (FHA|USDA|VA) 1 $315,000 $315,000 $6,159 6.75%
Grants, NM (FHA|USDA|VA) 2 $310,000 $155,000 $7,278 6.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $305,000 $305,000 $9,476 5.88%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $305,000 $305,000 $6,604 6.50%
Mount Pleasant, MI (FHA|USDA|VA) 1 $305,000 $305,000 $0 7.13%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $13,969 7.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,206 6.63%
Alma, MI (FHA|USDA|VA) 2 $300,000 $150,000 $4,441 6.88%
El Campo, TX (FHA|USDA|VA) 1 $295,000 $295,000 $8,396 6.25%
Wauchula, FL (FHA|USDA|VA) 1 $295,000 $295,000 $7,051 5.63%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,872 6.63%
Tahlequah, OK (FHA|USDA|VA) 1 $295,000 $295,000 $11,617 6.75%
Statesboro, GA (FHA|USDA|VA) 1 $285,000 $285,000 $6,912 7.13%
JACKSON, TN (FHA|USDA|VA) 1 $285,000 $285,000 $5,598 7.88%
WICHITA, KS (FHA|USDA|VA) 1 $285,000 $285,000 $14,139 6.88%
Ashtabula, OH (FHA|USDA|VA) 2 $280,000 $140,000 $6,509 6.75%
Clearlake, CA (FHA|USDA|VA) 2 $250,000 $125,000 $3,780 6.25%
FLINT, MI (FHA|USDA|VA) 1 $245,000 $245,000 $3,213 6.88%
Oxford, MS (FHA|USDA|VA) 1 $245,000 $245,000 $3,673 7.63%
SPARTANBURG, SC (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.50%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $235,000 $235,000 $8,554 7.63%
Athens, TN (FHA|USDA|VA) 1 $235,000 $235,000 $12,980 7.63%
Findlay, OH (FHA|USDA|VA) 1 $235,000 $235,000 $10,874 5.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $225,000 $225,000 $10,606 7.13%
ENID, OK (FHA|USDA|VA) 1 $225,000 $225,000 $8,628 7.13%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $225,000 $225,000 $10,060 7.00%
Scottsboro, AL (FHA|USDA|VA) 1 $215,000 $215,000 $8,097 8.00%
Bartlesville, OK (FHA|USDA|VA) 1 $205,000 $205,000 $5,092 6.13%
Mount Pleasant, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,242 6.99%
Decatur, IN (FHA|USDA|VA) 2 $200,000 $100,000 $3,366 7.56%
Traverse City, MI (FHA|USDA|VA) 1 $195,000 $195,000 $738 6.63%
Lawrenceburg, TN (FHA|USDA|VA) 1 $195,000 $195,000 $3,359 5.88%
DOVER, DE (FHA|USDA|VA) 1 $195,000 $195,000 $5,770 6.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $195,000 $195,000 $11,612 6.63%
SANTA FE, NM (FHA|USDA|VA) 1 $195,000 $195,000 $4,617 6.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $195,000 $195,000 $3,830 6.50%
Berlin, NH (FHA|USDA|VA) 1 $185,000 $185,000 $8,847 6.63%
Prineville, OR (FHA|USDA|VA) 1 $185,000 $185,000 $5,456 6.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $185,000 $185,000 $11,616 7.13%
LUBBOCK, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,282 7.50%
VICTORIA, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,863 6.25%
ABILENE, TX (FHA|USDA|VA) 1 $175,000 $175,000 $7,362 6.25%
Calhoun, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,246 6.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $165,000 $165,000 $4,348 6.13%
Dayton, TN (FHA|USDA|VA) 1 $155,000 $155,000 $4,155 7.13%
Ruidoso, NM (FHA|USDA|VA) 1 $145,000 $145,000 $2,671 6.25%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $145,000 $145,000 $3,556 6.38%
Lake City, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,961 6.50%
MONTGOMERY, AL (FHA|USDA|VA) 1 $145,000 $145,000 $6,669 7.13%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $135,000 $135,000 $2,891 7.38%
Deming, NM (FHA|USDA|VA) 1 $135,000 $135,000 $6,197 6.75%
Klamath Falls, OR (FHA|USDA|VA) 1 $135,000 $135,000 $3,855 6.38%
KINGSTON, NY (FHA|USDA|VA) 1 $135,000 $135,000 $5,262 6.88%
Big Rapids, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,241 7.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $125,000 $125,000 $5,155 7.50%
Alamogordo, NM (FHA|USDA|VA) 1 $115,000 $115,000 $7,672 7.13%
MUNCIE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,228 6.63%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,996 7.25%
UTICA-ROME, NY (FHA|USDA|VA) 1 $105,000 $105,000 $4,967 6.63%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $105,000 $105,000 $5,130 7.00%
Seneca, SC (FHA|USDA|VA) 1 $95,000 $95,000 $8,490 7.63%
Bonham, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,027 6.00%
Bradford, PA (FHA|USDA|VA) 1 $85,000 $85,000 $836 6.63%
LAS CRUCES, NM (FHA|USDA|VA) 1 $85,000 $85,000 $3,598 6.63%
Cordele, GA (FHA|USDA|VA) 1 $85,000 $85,000 $2,635 7.13%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.25%
ROCKFORD, IL (FHA|USDA|VA) 1 $65,000 $65,000 $3,790 7.13%
BAY CITY, MI (FHA|USDA|VA) 1 $55,000 $55,000 $441 7.13%
Van Dyk Mortgage Corporation's top markets include Tampa, Atlanta, New York, Miami, and Greeley among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,906 $554,660,000 $291,007 $5,917 6.86%
    FHA 927 $241,765,000 $260,804 $8,970 6.82%
    VA 242 $79,330,000 $327,810 $8,072 6.73%
    USDA 57 $11,225,000 $196,930 $3,737 6.80%

    For 2023, Van Dyk Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,906 originations. Their 2nd most popular type was FHA, with 927 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,908 $830,410,000 $285,561 $6,851 6.83%
    Refi 221 $55,565,000 $251,425 $8,469 6.92%
    Cash Out Refi 3 $1,005,000 $335,000 $7,685 7.33%

    For 2023, Van Dyk Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 2,908 originations. The 2nd most popular reason was Refi, with 221 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,074 $870,400,000 $283,149 $6,959 6.85%
    15 Year 36 $10,770,000 $299,167 $7,798 5.93%
    20 Year 16 $4,830,000 $301,875 $6,489 6.88%
    10 Year 3 $415,000 $138,333 $6,693 6.08%
    Other 3 $565,000 $188,333 $6,254 6.82%

    For 2023, Van Dyk Mortgage Corporation's most frequently cited loan duration was 30 Year, with 3,074 originations. The 2nd most popular length was 15 Year, with 36 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,118 $303,200,000 $271,199
    $5k+ 646 $238,140,000 $368,638
    $1k-2k 429 $110,435,000 $257,424
    $2k-3k 380 $90,860,000 $239,105
    $3k-4k 308 $76,560,000 $248,571
    $4k-5k 240 $64,370,000 $268,208

    Van Dyk Mortgage Corporation's average total fees were $6,959, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,118 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,576 $443,560,000 $281,447
    7-8% 1,134 $318,770,000 $281,102
    5-6% 353 $106,915,000 $302,875
    Over 8% 58 $13,600,000 $234,483
    4-5% 9 $3,065,000 $340,556
    3-4% 2 $1,070,000 $535,000

    During 2023, Van Dyk Mortgage Corporation's average interest rate for loans was 6.85%, while their most frequently originated rate bucket for loans was 6-7%, with 1,576 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,528 $436,350,000 $285,569 $7,422 6.85%
    $100k-200k 897 $139,685,000 $155,725 $4,703 6.85%
    $400k-600k 415 $196,655,000 $473,867 $10,156 6.82%
    $100,000 or less 153 $11,745,000 $76,765 $3,442 6.81%
    $600k-1MM 130 $89,480,000 $688,308 $10,264 6.69%
    $1MM+ 9 $13,065,000 $1,451,667 $16,884 6.88%

    2023 saw Van Dyk Mortgage Corporation place emphasis on $200k-400k loans with 1,528 originations, totaling $436,350,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 804 $169,980,000 $211,418 $5,980 6.78%
    $100k-150k 660 $218,320,000 $330,788 $8,064 6.92%
    $75k-100k 648 $175,300,000 $270,525 $6,948 6.83%
    $50k or less 494 $87,780,000 $177,692 $5,410 6.80%
    $150k-250k 381 $157,725,000 $413,976 $8,582 6.83%
    $250k+ 143 $76,505,000 $535,000 $8,749 6.93%

    Van Dyk Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 804 originations. The second most popular income band? $100k-150k, with 660 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 465 $127,065,000 $273,258 $6,141 6.85%
    20-30% 351 $88,905,000 $253,291 $5,967 6.82%
    50-60% 343 $108,935,000 $317,595 $9,444 6.78%
    49% 214 $64,060,000 $299,346 $7,436 6.85%
    43% 152 $43,550,000 $286,513 $7,252 6.78%
    44% 150 $42,350,000 $282,333 $6,556 6.86%
    46% 144 $40,900,000 $284,028 $6,824 6.94%
    42% 139 $43,075,000 $309,892 $7,110 6.80%
    45% 136 $38,230,000 $281,103 $7,294 6.85%
    48% 130 $38,150,000 $293,462 $7,307 6.79%
    47% 130 $36,530,000 $281,000 $7,075 6.88%
    40% 126 $35,810,000 $284,206 $6,549 6.82%
    39% 121 $33,115,000 $273,678 $7,176 6.84%
    37% 112 $31,670,000 $282,768 $6,996 6.78%
    38% 110 $31,620,000 $287,455 $6,765 6.86%
    36% 105 $27,685,000 $263,667 $6,258 6.96%
    <20% 95 $25,125,000 $264,474 $5,593 6.64%
    41% 95 $26,145,000 $275,211 $5,888 6.94%
    >60% 14 $4,060,000 $290,000 $10,227 7.57%

    Van Dyk Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 465 originations. The next most common DTI ratio? 20-30%, with 351 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,455 $680,895,000 $277,350 $6,846 6.84%
    Not provided 321 $102,855,000 $320,421 $7,168 6.93%
    Black 263 $71,525,000 $271,958 $7,678 6.75%
    Asian 73 $24,735,000 $338,836 $7,060 6.67%
    American Indian 12 $3,410,000 $284,167 $6,978 6.71%
    Other Asian 3 $1,285,000 $428,333 $12,794 6.21%
    Native Hawaiian or Islander 3 $1,235,000 $411,667 $10,112 6.54%
    Asian Indian 2 $1,040,000 $520,000 $10,157 7.00%

    Approval Rates

    Total approvals of all applications
    96.89%

    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
    57.06%

    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 3,132 $886,980,000 $283,199

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,132 $886,980,000 $283,199

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 94 $14,650,000 $155,851 $5,013 6.72%
    40-60% 204 $49,380,000 $242,059 $5,890 6.77%
    60-80% 698 $203,850,000 $292,049 $7,179 6.87%
    80-100% 2,063 $595,405,000 $288,611 $6,912 6.84%
    Over 100% 61 $21,805,000 $357,459 $13,125 6.70%
    Under 20% 12 $1,890,000 $157,500 $5,936 6.90%