Deephaven Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300Y5Y88FQLI7VE83

Tax ID: 45-5633615

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Mortgage Data

Review & 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 by origination volume include: Atlanta, Nashville, Dallas, Los Angeles, and Jacksonville among others. We have data for 150 markets. (Some data included below & more in-depth data is available with an active subscription.)

Deephaven Mortgage 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. Deephaven Mortgage 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 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 8.92% 4/18/24
30 Year Conventional Refi 8.03% 4/18/24
30 Year Cash-out Refi 8.61% 4/18/24
15 Year Conventional Purchase 5.68% 4/18/24
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.

Deephaven Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Deephaven Mortgage. 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

1,965

Origination Dollar Volume (All Markets)

$686,355,000

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
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.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,286 $317,560,000 $246,936 n/a 3.08%
    Conventional 679 $368,795,000 $543,144 $11,407 5.13%

    For 2021, Deephaven Mortgage's most frequently originated type of loan was HELOC, with 1,286 originations. Their 2nd most popular type was Conventional, with 679 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Deephaven Mortgage's most frequently cited loan purpose was Home Purchase, with 1,732 originations. The 2nd most popular reason was 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 2021, Deephaven Mortgage's most frequently cited loan duration was 30+ year, with 1,342 originations. The 2nd most popular length was 30 Year, with 623 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 253 $164,445,000 $649,980
    $1k-2k 178 $106,110,000 $596,124
    $3k-4k 25 $11,615,000 $464,600
    $2k-3k 21 $7,615,000 $362,619
    $4k-5k 19 $5,775,000 $303,947
    $<1k 6 $4,100,000 $683,333

    Deephaven Mortgage's average total fees were $10,952, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 5.18%, while their most frequently originated rate bucket for loans was 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 or Islander 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 applications
    92.24%

    Deephaven Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.49%

    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%