Victorian Finance Mortgage Rates, Fees & Info
Pittsburgh, PALEI: 549300Y7G2MW6V1OR474
Tax ID: 26-0084919
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Mortgage Data
Review & Overview
Victorian Finance is a smaller mortgage company specializing in Home Purchase 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 by origination volume include: Pittsburgh, Charleston, Huntsville, Huntington, and Dallas among others. We have data for 94 markets. (Some data included below & more in-depth data is available with an active subscription.)Victorian Finance 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. Victorian Finance 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 | 6.79% | 4/16/24 |
| 30 Year Conventional Refi | 6.62% | 4/16/24 |
| 30 Year Cash-out Refi | 6.90% | 4/16/24 |
| 30 Year FHA Purchase | 7.55% | 4/16/24 |
| 30 Year FHA Refi | 7.31% | 4/16/24 |
| 30 Year VA Purchase | 6.51% | 4/16/24 |
| 30 Year VA Refi | 6.18% | 4/16/24 |
| 30 Year USDA Purchase | 6.93% | 4/16/24 |
| 30 Year USDA Refi | 6.27% | 4/16/24 |
| 15 Year Conventional Purchase | 6.24% | 4/16/24 |
| 15 Year Conventional Refi | 5.91% | 4/16/24 |
| 15 Year Cash-out Refi | 5.91% | 4/16/24 |
| 15 Year FHA Purchase | 7.42% | 4/16/24 |
| 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. | ||
Victorian Finance Mortgage Calculator
Your Estimates
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This is not an official calculator from Victorian Finance. 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
1,096Origination Dollar Volume (All Markets)
$238,900,000Awards
Victorian Finance - 2023
Victorian Finance is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Victorian Finance's average 30 year fixed mortgage rate was
6.62%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.14%.
Relative Fees (Closing Costs)
Victorian Finance's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,449.
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 |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 462 | $101,790,000 | $220,325 | $9,614 | 6.52% |
| CHARLESTON, WV (FHA|USDA|VA) | 141 | $22,605,000 | $160,319 | $5,048 | 6.54% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 64 | $18,860,000 | $294,688 | $12,096 | 6.68% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 58 | $9,410,000 | $162,241 | $5,359 | 6.70% |
| Outside of Metro Areas | 34 | $5,930,000 | $174,412 | $6,288 | 6.72% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 16 | $5,270,000 | $329,375 | $10,955 | 6.95% |
| Albertville, AL (FHA|USDA|VA) | 26 | $5,140,000 | $197,692 | $8,452 | 6.52% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 16 | $5,060,000 | $316,250 | $8,358 | 7.08% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 18 | $5,030,000 | $279,444 | $9,581 | 6.78% |
| Fort Payne, AL (FHA|USDA|VA) | 23 | $4,505,000 | $195,870 | $7,612 | 6.78% |
| ROANOKE, VA (FHA|USDA|VA) | 16 | $3,220,000 | $201,250 | $6,019 | 6.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 13 | $3,025,000 | $232,692 | $7,996 | 6.59% |
| DECATUR, AL (FHA|USDA|VA) | 11 | $2,725,000 | $247,727 | $8,888 | 6.95% |
| BURLINGTON, NC (FHA|USDA|VA) | 11 | $2,575,000 | $234,091 | $8,015 | 7.06% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 17 | $2,495,000 | $146,765 | $5,643 | 6.72% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 13 | $2,475,000 | $190,385 | $8,264 | 6.78% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $1,850,000 | $308,333 | $14,126 | 6.23% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $1,595,000 | $227,857 | $6,610 | 6.52% |
| BECKLEY, WV (FHA|USDA|VA) | 9 | $1,575,000 | $175,000 | $7,184 | 6.72% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $14,458 | 8.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 8 | $1,190,000 | $148,750 | $4,929 | 6.44% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $10,303 | 6.72% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,070,000 | $535,000 | $18,127 | 7.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $5,620 | 6.68% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $1,015,000 | $338,333 | $11,276 | 7.21% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $5,420 | 6.58% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $12,765 | 6.88% |
| MORGANTOWN, WV (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $6,832 | 6.80% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $10,436 | 6.81% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $10,947 | 5.63% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $8,933 | 5.88% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $11,304 | 6.50% |
| Cullman, AL (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $7,957 | 6.69% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $9,219 | 7.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $17,996 | 6.38% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $13,242 | 5.81% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $7,371 | 6.54% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $11,485 | 7.81% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $15,622 | 6.50% |
| Scottsboro, AL (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $5,728 | 7.06% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $4,825 | 6.47% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $9,263 | 6.69% |
| Easton, MD (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $22,750 | 6.13% |
| Mount Gay-Shamrock, WV (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $5,284 | 6.75% |
| Opelousas, LA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $8,290 | 6.83% |
| Henderson, NC (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $8,224 | 6.38% |
| Vernal, UT (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $17,134 | 5.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $13,766 | 6.63% |
| LOUISVILLE, KY (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $8,015 | 6.93% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $12,237 | 7.63% |
| New Castle, PA (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $8,127 | 6.71% |
| Salem, OH (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,943 | 6.25% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $15,512 | 6.25% |
| Clarksburg, WV (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $6,637 | 5.79% |
| OCALA, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $13,857 | 6.50% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,805 | 6.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,787 | 5.93% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $14,007 | 6.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $8,499 | 7.50% |
| Meadville, PA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $18,451 | 5.63% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,213 | 6.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $13,104 | 6.49% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,537 | 7.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,110 | 6.88% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,643 | 7.63% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,252 | 6.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,948 | 7.13% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 8.50% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $12,183 | 7.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,278 | 6.99% |
| Durant, OK (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $12,469 | 7.13% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,692 | 6.99% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,562 | 6.50% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,134 | 7.38% |
| Somerset, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,948 | 6.00% |
| ERIE, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,777 | 6.38% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,143 | 5.75% |
| Bluefield, WV-VA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,469 | 6.50% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,877 | 6.38% |
| Shelby, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,444 | 6.88% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,064 | 5.75% |
| Wilson, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,628 | 6.88% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,308 | 7.75% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,683 | 6.50% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,496 | 6.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,382 | 5.99% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,490 | 5.75% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,864 | 7.25% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,760 | 7.25% |
| Jennings, LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,437 | 6.25% |
| St. Marys, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,673 | 7.13% |
| Marietta, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,007 | 6.25% |
| Jackson, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,891 | 6.50% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,799 | 6.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against Victorian Finance based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Victorian Finance's most frequently originated type of loan was Conventional, with 638 originations. Their 2nd most popular type was FHA, with 358 originations.
Loan Reason
For 2023, Victorian Finance's most frequently cited loan purpose was Home Purchase, with 1,049 originations. The 2nd most popular reason was Cash Out Refi, with 35 originations.
Loan Duration/Length
For 2023, Victorian Finance's most frequently cited loan duration was 30 Year, with 1,081 originations. The 2nd most popular length was 15 Year, with 11 originations.
Origination Fees/Closing Costs
Victorian Finance's average total fees were $8,449, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 302 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 545 | $119,015,000 | $218,376 |
| 7-8% | 277 | $60,495,000 | $218,394 |
| 5-6% | 247 | $53,175,000 | $215,283 |
| Over 8% | 18 | $4,090,000 | $227,222 |
| 4-5% | 9 | $2,125,000 | $236,111 |
During 2023, Victorian Finance's average interest rate for loans was 6.62%, while their most frequently originated rate bucket for loans was 6-7%, with 545 originations.
Loan Sizing
2023 saw Victorian Finance place emphasis on $100k-200k loans with 459 originations, totaling $69,905,000 in origination value.
Applicant Income
Victorian Finance lent most frequently to those with incomes in the $50k-75k range, with 323 originations. The second most popular income band? $75k-100k, with 226 originations.
Applicant Debt to Income Ratio
Victorian Finance lent most frequently to those with DTI ratios of 30-36%, with 165 originations. The next most common DTI ratio? 20-30%, with 158 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.48%
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 origination65.97%
Victorian Finance 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 | 1,096 | $238,900,000 | $217,974 |