Victorian Finance Mortgage Rates, Fees & Info

Pittsburgh, PA

LEI: 549300Y7G2MW6V1OR474

Tax ID: 26-0084919

5 stars - out of 5 stars, based on 62 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Victorian Finance is a smaller mortgage company specializing in Home Purchase and Refi loans. Victorian Finance 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 include Pittsburgh, Seattle, Charleston, Durham, and Houston among others. Victorian Finance has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Victorian Finance is typically an average fee lendor.


Originations

3,835

Origination Dollar Volume (All Markets)

$921,065,000
Show all (17) awards

Relative Rate

Victorian Finance 's average 30 year fixed rate mortgage of loans were 2.99%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.16%.

Relative Fees

Victorian Finance 's average total fees for a 30 year fixed rate mortgage are $5,251.

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
PITTSBURGH, PA (FHA|USDA|VA) 1,542 $319,610,000 $207,270 $5,575 2.95%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 269 $122,865,000 $456,747 $6,190 2.84%
CHARLESTON, WV (FHA|USDA|VA) 337 $60,605,000 $179,837 $3,805 2.83%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 215 $58,425,000 $271,744 $3,580 2.85%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 132 $40,760,000 $308,788 $5,619 2.93%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 89 $26,455,000 $297,247 $5,443 3.06%
RALEIGH-CARY, NC (FHA|USDA|VA) 69 $18,835,000 $272,971 $3,339 2.86%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 108 $18,800,000 $174,074 $4,369 2.92%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 64 $18,490,000 $288,906 $4,156 2.97%
Outside of Metro Areas 93 $16,445,000 $176,828 $4,433 2.92%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 52 $16,040,000 $308,462 $3,288 2.93%
Oak Harbor, WA (FHA|USDA|VA) 41 $15,265,000 $372,317 $5,242 2.84%
BURLINGTON, NC (FHA|USDA|VA) 72 $13,180,000 $183,056 $4,299 2.95%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 43 $10,705,000 $248,953 $3,950 2.87%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 39 $9,325,000 $239,103 $6,035 3.18%
Point Pleasant, WV-OH (FHA|USDA|VA) 54 $6,880,000 $127,407 $4,706 2.94%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 19 $6,385,000 $336,053 $6,357 3.13%
WENATCHEE, WA (FHA|USDA|VA) 18 $5,980,000 $332,222 $5,066 3.15%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 14 $5,980,000 $427,143 $6,381 3.17%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $5,585,000 $372,333 $7,504 3.08%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 29 $5,565,000 $191,897 $4,469 2.91%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 39 $4,745,000 $121,667 $4,728 3.01%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 17 $4,595,000 $270,294 $5,376 3.04%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 27 $4,455,000 $165,000 $4,933 3.02%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 13 $3,525,000 $271,154 $5,578 3.02%
Ellensburg, WA (FHA|USDA|VA) 9 $3,465,000 $385,000 $3,437 2.72%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 9 $3,395,000 $377,222 $7,353 2.83%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 19 $3,235,000 $170,263 $5,184 3.09%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 18 $3,140,000 $174,444 $4,923 2.93%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $2,855,000 $407,857 $6,919 3.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 20 $2,840,000 $142,000 $5,027 3.24%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $2,675,000 $297,222 $8,726 3.03%
BELLINGHAM, WA (FHA|USDA|VA) 7 $2,625,000 $375,000 $3,749 3.07%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 6 $2,450,000 $408,333 $3,860 2.83%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $2,360,000 $295,000 $3,770 2.97%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $2,130,000 $266,250 $4,584 3.17%
WINSTON-SALEM, NC (FHA|USDA|VA) 10 $1,900,000 $190,000 $4,365 3.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $1,855,000 $265,000 $5,415 2.95%
BECKLEY, WV (FHA|USDA|VA) 10 $1,810,000 $181,000 $3,581 2.79%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $1,695,000 $242,143 $4,652 3.16%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $1,670,000 $278,333 $5,587 2.90%
Somerset, PA (FHA|USDA|VA) 11 $1,645,000 $149,545 $5,276 2.97%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,625,000 $325,000 $4,717 2.90%
LOGAN, UT-ID (FHA|USDA|VA) 5 $1,545,000 $309,000 $4,748 2.93%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 6 $1,540,000 $256,667 $7,589 3.33%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 7 $1,535,000 $219,286 $4,000 2.96%
Salem, OH (FHA|USDA|VA) 9 $1,455,000 $161,667 $3,498 3.22%
New Castle, PA (FHA|USDA|VA) 9 $1,435,000 $159,444 $6,171 3.06%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,405,000 $281,000 $5,816 2.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,400,000 $350,000 $12,784 2.47%
EAST STROUDSBURG, PA (FHA|USDA|VA) 6 $1,390,000 $231,667 $6,129 3.23%
YAKIMA, WA (FHA|USDA|VA) 5 $1,305,000 $261,000 $3,801 2.90%
TUCSON, AZ (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,353 3.13%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $1,205,000 $401,667 $6,426 3.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $1,160,000 $290,000 $6,223 2.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,025,000 $205,000 $6,575 3.18%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,331 2.92%
WHEELING, WV-OH (FHA|USDA|VA) 5 $975,000 $195,000 $5,134 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $965,000 $321,667 $4,661 2.71%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $940,000 $235,000 $3,613 3.66%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $925,000 $308,333 $1,714 3.17%
ROCKY MOUNT, NC (FHA|USDA|VA) 4 $920,000 $230,000 $8,099 3.06%
MORGANTOWN, WV (FHA|USDA|VA) 4 $920,000 $230,000 $4,021 2.97%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $890,000 $222,500 $4,168 3.16%
Moses Lake, WA (FHA|USDA|VA) 5 $875,000 $175,000 $4,537 2.40%
Indiana, PA (FHA|USDA|VA) 4 $820,000 $205,000 $4,897 2.84%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $820,000 $410,000 $5,766 2.94%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $770,000 $385,000 $5,906 2.94%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $760,000 $380,000 $4,202 3.25%
Outside of Metro Areas 2 $740,000 $370,000 $3,921 3.19%
Clarksburg, WV (FHA|USDA|VA) 4 $740,000 $185,000 $5,335 2.81%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $725,000 $241,667 $7,360 3.42%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $700,000 $350,000 $3,417 2.75%
WILMINGTON, NC (FHA|USDA|VA) 2 $700,000 $350,000 $6,483 2.81%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $685,000 $685,000 $6,760 3.00%
COLUMBIA, MO (FHA|USDA|VA) 4 $660,000 $165,000 $1,414 2.97%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $605,000 $201,667 $3,879 2.67%
PROVO-OREM, UT (FHA|USDA|VA) 2 $590,000 $295,000 $3,106 2.75%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $585,000 $195,000 $2,795 3.25%
LYNCHBURG, VA (FHA|USDA|VA) 4 $560,000 $140,000 $3,695 3.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $4,628 2.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $545,000 $545,000 $5,224 3.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $540,000 $270,000 $7,626 3.38%
Sonora, CA (FHA|USDA|VA) 1 $525,000 $525,000 $4,186 3.50%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $520,000 $260,000 $6,172 3.19%
ASHEVILLE, NC (FHA|USDA|VA) 2 $510,000 $255,000 $2,376 2.50%
Morehead City, NC (FHA|USDA|VA) 1 $485,000 $485,000 $3,363 2.75%
AKRON, OH (FHA|USDA|VA) 3 $485,000 $161,667 $5,264 2.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $6,978 3.75%
Sanford, NC (FHA|USDA|VA) 2 $480,000 $240,000 $7,113 3.19%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $470,000 $235,000 $3,693 3.06%
LEBANON, PA (FHA|USDA|VA) 2 $460,000 $230,000 $5,379 3.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $445,000 $445,000 $4,829 2.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $445,000 $445,000 $5,927 2.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $445,000 $445,000 $7,171 2.88%
Georgetown, SC (FHA|USDA|VA) 1 $435,000 $435,000 $4,552 2.50%
Pullman, WA (FHA|USDA|VA) 1 $405,000 $405,000 $6,174 2.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $380,000 $190,000 $4,263 3.06%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $365,000 $365,000 $0 2.63%
DuBois, PA (FHA|USDA|VA) 1 $365,000 $365,000 $4,558 2.63%
Nogales, AZ (FHA|USDA|VA) 1 $365,000 $365,000 $12,899 4.13%
Henderson, NC (FHA|USDA|VA) 3 $365,000 $121,667 $5,608 3.04%
LANCASTER, PA (FHA|USDA|VA) 1 $365,000 $365,000 $8,650 2.88%
Calhoun, GA (FHA|USDA|VA) 1 $355,000 $355,000 $10,618 2.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $355,000 $355,000 $6,166 2.38%
WALLA WALLA, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,128 2.75%
RICHMOND, VA (FHA|USDA|VA) 2 $350,000 $175,000 $3,305 2.88%
Meadville, PA (FHA|USDA|VA) 4 $340,000 $85,000 $3,963 3.13%
NEW BERN, NC (FHA|USDA|VA) 1 $325,000 $325,000 $2,204 2.75%
GREENVILLE, NC (FHA|USDA|VA) 2 $320,000 $160,000 $3,831 3.13%
GETTYSBURG, PA (FHA|USDA|VA) 2 $320,000 $160,000 $5,164 2.94%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $310,000 $155,000 $3,604 3.38%
MOBILE, AL (FHA|USDA|VA) 1 $305,000 $305,000 $2,775 3.50%
Port Angeles, WA (FHA|USDA|VA) 1 $295,000 $295,000 $4,174 3.00%
TULSA, OK (FHA|USDA|VA) 1 $285,000 $285,000 $2,359 3.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $285,000 $285,000 $1,969 2.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $275,000 $275,000 $6,139 3.88%
MONTGOMERY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $8,403 3.63%
Aberdeen, WA (FHA|USDA|VA) 1 $265,000 $265,000 $3,436 3.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,581 2.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $255,000 $255,000 $500 3.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,071 3.13%
DOTHAN, AL (FHA|USDA|VA) 2 $240,000 $120,000 $2,755 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $235,000 $235,000 $2,280 3.38%
Coshocton, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,805 3.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $215,000 $215,000 $4,138 3.38%
ROME, GA (FHA|USDA|VA) 1 $215,000 $215,000 $8,542 3.50%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,272 2.88%
Pottsville, PA (FHA|USDA|VA) 2 $210,000 $105,000 $4,291 4.19%
DECATUR, AL (FHA|USDA|VA) 1 $205,000 $205,000 $6,424 3.25%
Enterprise, AL (FHA|USDA|VA) 1 $195,000 $195,000 $3,287 3.38%
REDDING, CA (FHA|USDA|VA) 1 $195,000 $195,000 $2,655 2.63%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $195,000 $195,000 $6,320 2.75%
Cambridge, MD (FHA|USDA|VA) 1 $185,000 $185,000 $6,982 3.38%
Danville, VA (FHA|USDA|VA) 1 $175,000 $175,000 $6,453 3.00%
ALBANY, GA (FHA|USDA|VA) 1 $175,000 $175,000 $6,517 3.50%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,879 2.75%
Oil City, PA (FHA|USDA|VA) 2 $160,000 $80,000 $3,548 3.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $160,000 $80,000 $2,475 2.38%
COLUMBUS, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,585 3.13%
Chillicothe, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,910 3.25%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $155,000 $155,000 $5,539 4.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $4,128 2.50%
Bay City, TX (FHA|USDA|VA) 1 $125,000 $125,000 $6,587 4.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $125,000 $125,000 $2,156 2.75%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,041 2.50%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $125,000 $125,000 $1,410 3.75%
Norwalk, OH (FHA|USDA|VA) 1 $115,000 $115,000 $6,791 3.75%
Sandusky, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,462 2.75%
Warren, PA (FHA|USDA|VA) 2 $110,000 $55,000 $3,937 2.94%
Marietta, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,414 3.00%
West Plains, MO (FHA|USDA|VA) 1 $105,000 $105,000 $2,654 2.38%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $105,000 $105,000 $4,525 3.13%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $95,000 $95,000 $3,293 3.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,370 3.38%
Lewistown, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,791 3.25%
Bluefield, WV-VA (FHA|USDA|VA) 1 $55,000 $55,000 $3,363 3.00%

Victorian Finance 's top markets include Pittsburgh, Seattle, Charleston, Durham, and Houston among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,720 $704,430,000 $258,982 $4,277 2.95%
FHA 714 $124,830,000 $174,832 $7,075 2.99%
VA 205 $64,445,000 $314,366 $8,138 2.77%
USDA 196 $27,360,000 $139,592 $5,296 2.79%

For the 2021 period, Victorian Finance 's most frequently originated loan type of loans were Conventional, with 2,720 originations. Their 2nd most popular type is FHA, with 714 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,624 $609,580,000 $232,309 $5,464 2.97%
Refi 746 $190,980,000 $256,005 $3,871 2.77%
Cash Out Refi 465 $120,505,000 $259,151 $4,701 3.07%

For the 2021, Victorian Finance 's most frequently cited loan purpose of loans were Home Purchase, with 2,624 originations. The 2nd most popular reason of loans were Refi, with 746 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,395 $823,705,000 $242,623 $5,251 2.99%
15 Year 287 $61,735,000 $215,105 $3,633 2.47%
20 Year 97 $22,575,000 $232,732 $3,667 2.76%
Other 37 $9,915,000 $267,973 $3,929 3.01%
10 Year 19 $3,135,000 $165,000 $2,516 2.14%

For the 2021, Victorian Finance 's most frequently cited loan length of loans were 30 Year, with 3,395 originations. The 2nd most popular length of loans were 15 Year, with 287 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,392 $541,890,000 $226,543
$<1k 557 $143,885,000 $258,321
$2k-3k 438 $102,390,000 $233,767
$3k-4k 288 $76,000,000 $263,889
$5k+ 140 $52,890,000 $377,786

$5,251 of loans were Victorian Finance 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,392 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 2,001 $493,295,000 $246,524
3-4% 1,212 $275,250,000 $227,104
<2.5% 576 $144,190,000 $250,330
4-5% 45 $8,265,000 $183,667
5-6% 1 $65,000 $65,000

During 2021, Victorian Finance 's average interest rate of loans were 2.99%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,001 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,490 $417,450,000 $280,168 $5,349 2.94%
$100k-200k 1,451 $218,115,000 $150,320 $4,628 2.94%
$400k-600k 424 $204,280,000 $481,792 $6,308 2.86%
$100,000 or less 401 $30,675,000 $76,496 $3,798 3.01%
$600k-1MM 66 $46,760,000 $708,485 $7,609 2.88%
$1MM+ 3 $3,785,000 $1,261,667 $8,502 2.63%

2021 saw Victorian Finance place emphasis on $200k-400k loans with 1,490 originations, totaling $417,450,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 918 $175,330,000 $190,991 $5,091 2.96%
$100k-150k 799 $227,625,000 $284,887 $5,040 2.96%
$50k or less 788 $109,240,000 $138,629 $4,729 2.93%
$75k-100k 654 $158,690,000 $242,645 $5,372 2.94%
$150k-250k 474 $167,920,000 $354,262 $5,244 2.93%
$250k+ 179 $76,265,000 $426,061 $5,015 2.84%

Victorian Finance lent most frequently to those with incomes in the $50k-75k range, with 918 originations. The second most popular income band? $100k-150k, with 799 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 889 $205,825,000 $231,524 $4,468 2.91%
30-36% 714 $175,310,000 $245,532 $5,016 2.95%
<20% 384 $88,990,000 $231,745 $4,050 2.84%
50-60% 215 $48,795,000 $226,953 $8,292 2.94%
37% 148 $38,470,000 $259,932 $5,012 3.00%
42% 145 $35,235,000 $243,000 $5,064 2.97%
36% 143 $32,655,000 $228,357 $4,891 2.99%
39% 132 $34,650,000 $262,500 $5,251 3.02%
40% 131 $34,145,000 $260,649 $5,105 2.99%
38% 130 $31,350,000 $241,154 $5,279 3.00%
41% 120 $26,480,000 $220,667 $4,957 3.01%
44% 117 $28,755,000 $245,769 $5,298 3.00%
43% 100 $22,470,000 $224,700 $5,076 2.97%
49% 98 $25,620,000 $261,429 $6,025 2.93%
45% 88 $20,700,000 $235,227 $5,642 3.00%
48% 83 $21,045,000 $253,554 $5,584 2.97%
47% 81 $18,435,000 $227,593 $5,247 3.00%
46% 73 $18,445,000 $252,671 $4,971 2.95%
>60% 9 $2,995,000 $332,778 $11,196 2.76%

Victorian Finance lent most frequently to those with DTI ratios of 20-30%, with 889 originations. The next most common DTI ratio? 30-36%, with 714 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,185 $737,775,000 $231,641 $4,981 2.93%
Not provided 314 $98,380,000 $313,312 $5,178 2.94%
Black 187 $38,615,000 $206,497 $5,883 3.05%
Asian 113 $34,685,000 $306,947 $5,720 2.93%
American Indian 19 $5,915,000 $311,316 $4,995 3.03%
Other Asian 4 $1,640,000 $410,000 $5,577 2.78%
Asian Indian 4 $1,160,000 $290,000 $5,116 2.66%
Not applicable 5 $1,145,000 $229,000 $3,386 2.18%
Native Hawaiian 3 $1,065,000 $355,000 $6,883 3.04%
Filipino 1 $685,000 $685,000 $2,830 3.00%

Approval Rates

Total approvals of all applications
98.11%

Victorian Finance 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
73.41%

Victorian Finance has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,835 $921,065,000 $240,173

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,835 $921,065,000 $240,173

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 107 $19,575,000 $182,944 $3,405 2.69%
40-60% 318 $79,800,000 $250,943 $3,694 2.73%
60-80% 1,135 $301,375,000 $265,529 $4,407 2.99%
80-100% 2,201 $494,835,000 $224,823 $5,440 2.97%
Over 100% 66 $24,460,000 $370,606 $13,139 2.75%
Under 20% 5 $625,000 $125,000 $2,094 2.10%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
VICTORIAN FINANCE, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%