Deephaven Mortgage Rates, Fees & Info
DOVER, DELEI: 549300Y5Y88FQLI7VE83
Tax ID: 45-5633615
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Deephaven Mortgage is a smaller mortgage company specializing in Home Purchase loans. Deephaven Mortgage has a high proportion of conventional loans. Their top markets include Atlanta, Nashville, Dallas, Los Angeles, and Jacksonville among others. Deephaven Mortgage has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Deephaven Mortgage is typically a high fee lendor.Originations
1,965Origination Dollar Volume (All Markets)
$686,355,000Relative Rate
Deephaven Mortgage 's average 30 year fixed rate mortgage of loans were
5.18%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 2.03%.
Relative Fees
Deephaven Mortgage 's average total fees for a 30 year fixed rate
mortgage are $10,952.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 552 | $142,880,000 | $258,841 | $8,280 | 3.14% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 214 | $71,510,000 | $334,159 | $6,247 | 3.05% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 261 | $70,645,000 | $270,670 | $10,217 | 3.28% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 64 | $61,400,000 | $959,375 | $14,268 | 4.54% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 249 | $39,435,000 | $158,373 | $7,585 | 3.04% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 61 | $32,965,000 | $540,410 | $16,663 | 5.05% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 37 | $21,605,000 | $583,919 | $14,501 | 4.77% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 18 | $17,220,000 | $956,667 | $18,150 | 4.85% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 31 | $15,905,000 | $513,065 | $7,982 | 4.87% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 33 | $11,455,000 | $347,121 | $7,830 | 4.75% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 17 | $9,745,000 | $573,235 | $10,253 | 4.95% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 19 | $9,265,000 | $487,632 | $11,848 | 5.18% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 8 | $8,320,000 | $1,040,000 | $15,818 | 4.72% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 23 | $8,235,000 | $358,043 | $9,243 | 4.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 25 | $7,245,000 | $289,800 | $8,892 | 4.43% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 21 | $6,705,000 | $319,286 | $8,604 | 4.81% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 6 | $6,530,000 | $1,088,333 | $8,917 | 5.04% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $5,035,000 | $719,286 | $10,353 | 5.87% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 8 | $4,720,000 | $590,000 | $13,873 | 4.81% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 11 | $4,665,000 | $424,091 | $19,546 | 4.53% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 12 | $4,640,000 | $386,667 | $13,888 | 4.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 6 | $4,560,000 | $760,000 | $24,464 | 5.27% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 11 | $4,485,000 | $407,727 | $8,769 | 5.99% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 9 | $4,425,000 | $491,667 | $7,141 | 4.61% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 12 | $4,420,000 | $368,333 | $6,712 | 5.36% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $4,375,000 | $486,111 | $16,435 | 5.61% |
| VALLEJO, CA (FHA|USDA|VA) | 9 | $4,335,000 | $481,667 | $4,525 | 5.99% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $4,240,000 | $530,000 | $6,376 | 4.83% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $3,825,000 | $546,429 | $19,229 | 4.91% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $3,695,000 | $739,000 | $10,098 | 4.92% |
| Outside of Metro Areas | 6 | $3,480,000 | $580,000 | $23,817 | 4.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 7 | $3,345,000 | $477,857 | $8,870 | 5.52% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 7 | $2,715,000 | $387,857 | $0 | 4.96% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 8 | $2,580,000 | $322,500 | $6,333 | 5.78% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $2,285,000 | $761,667 | $14,296 | 4.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 6 | $2,250,000 | $375,000 | $6,912 | 5.38% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $2,180,000 | $1,090,000 | $35,134 | 4.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $1,995,000 | $665,000 | $12,700 | 5.13% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $1,645,000 | $1,645,000 | $46,698 | 5.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 5 | $1,625,000 | $325,000 | $11,198 | 4.55% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,590,000 | $795,000 | $14,603 | 5.44% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $1,575,000 | $525,000 | $4,943 | 6.66% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $8,584 | 5.71% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $1,505,000 | $301,000 | $8,622 | 5.92% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $1,470,000 | $735,000 | $4,266 | 5.18% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $1,455,000 | $1,455,000 | $25,457 | 3.38% |
| GREELEY, CO (FHA|USDA|VA) | 4 | $1,440,000 | $360,000 | $11,965 | 4.34% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $1,420,000 | $710,000 | $25,286 | 4.87% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $1,415,000 | $283,000 | $9,118 | 5.13% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $1,285,000 | $1,285,000 | $4,802 | 4.88% |
| TULSA, OK (FHA|USDA|VA) | 1 | $1,285,000 | $1,285,000 | $8,414 | 7.75% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $0 | 3.83% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $1,255,000 | $418,333 | $12,366 | 5.41% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $9,426 | 5.58% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $6,014 | 5.13% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $1,065,000 | $1,065,000 | $5,819 | 7.38% |
| BEND, OR (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $7,325 | 6.25% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $6,330 | 4.81% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $22,065 | 4.75% |
| ABILENE, TX (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $7,256 | 6.58% |
| Taos, NM (FHA|USDA|VA) | 1 | $925,000 | $925,000 | $3,817 | 6.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $9,634 | 6.08% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $5,072 | 6.63% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $30,094 | 3.44% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $10,713 | 5.46% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $7,652 | 5.75% |
| RENO, NV (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $4,859 | 3.99% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $0 | 5.42% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $11,612 | 4.96% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $7,646 | 6.63% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $10,278 | 3.56% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $12,082 | 4.50% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $15,543 | 3.99% |
| Lake City, FL (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $6,957 | 6.88% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $4,985 | 4.63% |
| Key West, FL (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 5.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $4,371 | 5.56% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $15,457 | 4.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $9,492 | 5.13% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,399 | 7.50% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $7,079 | 4.31% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $7,505 | 5.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $6,703 | 5.87% |
| NAPA, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,299 | 4.88% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $5,417 | 6.44% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $3,476 | 6.13% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $15,336 | 4.99% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,752 | 6.13% |
| MADISON, WI (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,687 | 5.25% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $7,427 | 5.63% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,860 | 6.31% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $5,544 | 6.25% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $12,296 | 4.37% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 4.56% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $19,282 | 4.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $13,901 | 6.25% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $10,728 | 3.99% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $11,135 | 3.99% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 3.99% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $8,353 | 4.50% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $7,584 | 5.83% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,030 | 4.25% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,683 | 5.50% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $14,489 | 5.99% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $16,432 | 3.50% |
| Edwards, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $13,664 | 4.38% |
| Selinsgrove, PA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,847 | 7.13% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,507 | 4.50% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,145 | 3.25% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $11,401 | 5.13% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,711 | 6.38% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 5.06% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,364 | 4.99% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 4.04% |
| Concord, NH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 5.25% |
| Wauchula, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $11,977 | 5.88% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,833 | 7.38% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,539 | 6.88% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,615 | 5.99% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,786 | 4.38% |
| MERCED, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $11,146 | 5.13% |
| MADERA, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,185 | 3.63% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,364 | 6.75% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,766 | 3.88% |
| OCALA, FL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 4.44% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,899 | 5.63% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,653 | 4.63% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 4.75% |
| Beatrice, NE (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,410 | 3.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,705 | 5.75% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,889 | 5.99% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,566 | 5.99% |
| Shelby, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,687 | 6.13% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,841 | 5.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,696 | 6.38% |
| FLINT, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,905 | 5.50% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 5.63% |
| READING, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,013 | 4.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,429 | 6.50% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $9,119 | 6.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,840 | 4.63% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,181 | 4.13% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,657 | 3.99% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.25% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,160 | 6.88% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.63% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,097 | 5.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.75% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,693 | 7.50% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,655 | 4.88% |
Deephaven Mortgage 's top markets include Atlanta, Nashville, Dallas, Los Angeles, and Jacksonville among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 1,965 | $686,355,000 | $349,290 | $11,407 | 3.79% |
For the 2021 period, Deephaven Mortgage 's most frequently originated loan type of loans were Conventional, with 1,965 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 1,732 | $550,160,000 | $317,644 | $11,223 | 3.68% |
| Cash Out Refi | 130 | $68,500,000 | $526,923 | $11,373 | 4.87% |
| Refi | 95 | $63,385,000 | $667,211 | $12,757 | 4.32% |
| Other | 7 | $4,055,000 | $579,286 | $8,351 | 5.09% |
| Home Improvement | 1 | $255,000 | $255,000 | $4,925 | 6.13% |
For the 2021, Deephaven Mortgage 's most frequently cited loan purpose of loans were Home Purchase, with 1,732 originations. The 2nd most popular reason of loans were Cash Out Refi, with 130 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30+ year | 1,342 | $366,180,000 | $272,861 | $19,103 | 3.15% |
| 30 Year | 623 | $320,175,000 | $513,925 | $10,952 | 5.18% |
For the 2021, Deephaven Mortgage 's most frequently cited loan length of loans were 30+ year, with 1,342 originations. The 2nd most popular length of loans were 30 Year, with 623 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $5k+ | 253 | $164,445,000 | $649,980 |
| $1k-2k | 178 | $106,110,000 | $596,124 |
| $3k-4k | 44 | $17,390,000 | $395,227 |
| $2k-3k | 21 | $7,615,000 | $362,619 |
| $<1k | 6 | $4,100,000 | $683,333 |
$10,952 of loans were Deephaven Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 253 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,177 | $285,695,000 | $242,732 |
| 4-5% | 282 | $148,060,000 | $525,035 |
| 5-6% | 203 | $99,015,000 | $487,759 |
| 3-4% | 180 | $98,410,000 | $546,722 |
| 6-7% | 98 | $41,760,000 | $426,122 |
| 7-8% | 24 | $12,830,000 | $534,583 |
| Over 8% | 1 | $585,000 | $585,000 |
During 2021, Deephaven Mortgage 's average interest rate of loans were 5.18%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,177 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 1,198 | $328,650,000 | $274,332 | $8,256 | 3.50% |
| $100k-200k | 361 | $57,495,000 | $159,266 | $5,949 | 3.60% |
| $400k-600k | 162 | $77,980,000 | $481,358 | $10,228 | 4.87% |
| $600k-1MM | 151 | $115,575,000 | $765,397 | $13,069 | 5.00% |
| $1MM+ | 70 | $104,630,000 | $1,494,714 | $21,896 | 4.75% |
| $100,000 or less | 23 | $2,025,000 | $88,043 | $0 | 3.46% |
2021 saw Deephaven Mortgage place emphasis on $200k-400k loans with 1,198 originations, totaling $328,650,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $250k+ | 226 | $185,430,000 | $820,487 | $14,611 | 5.04% |
| $150k-250k | 130 | $69,010,000 | $530,846 | $10,734 | 5.27% |
| $100k-150k | 94 | $34,860,000 | $370,851 | $9,220 | 5.36% |
| $75k-100k | 46 | $13,750,000 | $298,913 | $7,902 | 5.18% |
| $50k-75k | 33 | $6,725,000 | $203,788 | $7,111 | 5.28% |
| $50k or less | 7 | $1,055,000 | $150,714 | $5,349 | 5.62% |
Deephaven Mortgage lent most frequently to those with incomes in the $250k+ range, with 226 originations. The second most popular income band? $150k-250k, with 130 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| <20% | 103 | $63,305,000 | $614,612 | $13,258 | 4.95% |
| 30-36% | 92 | $47,430,000 | $515,543 | $10,493 | 5.19% |
| 20-30% | 88 | $54,170,000 | $615,568 | $11,630 | 5.14% |
| 48% | 27 | $20,235,000 | $749,444 | $14,912 | 5.21% |
| 49% | 23 | $10,885,000 | $473,261 | $9,423 | 5.67% |
| 39% | 23 | $11,845,000 | $515,000 | $10,626 | 5.13% |
| 43% | 22 | $10,950,000 | $497,727 | $9,963 | 5.08% |
| 38% | 21 | $10,515,000 | $500,714 | $9,704 | 5.67% |
| 45% | 19 | $9,095,000 | $478,684 | $11,440 | 5.21% |
| 41% | 17 | $7,435,000 | $437,353 | $11,876 | 4.92% |
| 36% | 17 | $13,875,000 | $816,176 | $8,999 | 5.19% |
| 44% | 17 | $7,725,000 | $454,412 | $5,194 | 5.29% |
| 46% | 16 | $8,360,000 | $522,500 | $9,184 | 5.51% |
| 42% | 15 | $11,285,000 | $752,333 | $18,586 | 4.89% |
| 47% | 12 | $9,130,000 | $760,833 | $13,814 | 5.09% |
| 37% | 11 | $5,735,000 | $521,364 | $9,889 | 4.94% |
| 40% | 6 | $4,260,000 | $710,000 | $10,914 | 5.71% |
| 50-60% | 6 | $3,650,000 | $608,333 | $8,087 | 5.64% |
Deephaven Mortgage lent most frequently to those with DTI ratios of <20%, with 103 originations. The next most common DTI ratio? 30-36%, with 92 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 1,286 | $317,560,000 | $246,936 | $0 | 3.08% |
| White | 374 | $207,840,000 | $555,722 | $11,973 | 5.09% |
| Not provided | 195 | $105,945,000 | $543,308 | $10,395 | 5.11% |
| Black | 62 | $26,310,000 | $424,355 | $10,143 | 5.58% |
| Asian | 35 | $21,095,000 | $602,714 | $13,992 | 4.96% |
| American Indian | 4 | $2,190,000 | $547,500 | $7,924 | 5.03% |
| 1 | $1,615,000 | $1,615,000 | $21,428 | 4.25% | |
| Korean | 2 | $1,580,000 | $790,000 | $15,670 | 3.81% |
| Other Asian | 1 | $875,000 | $875,000 | $16,412 | 3.99% |
| Native Hawaiian | 2 | $660,000 | $330,000 | $7,643 | 4.81% |
| Asian Indian | 2 | $370,000 | $185,000 | $4,770 | 5.94% |
| Vietnamese | 1 | $315,000 | $315,000 | $15,184 | 5.88% |
Approval Rates
Total approvals of all applications80.07%
Deephaven Mortgage has a below average approval rate.
Pick Rate
Approvals leading to origination82.40%
Deephaven Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,965 | $686,355,000 | $349,290 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,965 | $686,355,000 | $349,290 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 12 | $6,120,000 | $510,000 | $11,890 | 4.07% |
| 40-60% | 73 | $43,995,000 | $602,671 | $11,278 | 4.28% |
| 60-80% | 316 | $155,350,000 | $491,614 | $11,217 | 4.94% |
| 80-100% | 1,564 | $480,890,000 | $307,474 | $11,561 | 3.53% |
