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 a a high proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Pittsburgh, Charleston, Deltona, Durham, and Huntington among others. We have data for 113 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 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 about average 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% | 12/16/24 |
| 30 Year Conventional Refi | 6.62% | 12/16/24 |
| 30 Year Cash-out Refi | 6.90% | 12/16/24 |
| 30 Year FHA Purchase | 7.55% | 12/16/24 |
| 30 Year FHA Refi | 7.31% | 12/16/24 |
| 30 Year VA Purchase | 6.51% | 12/16/24 |
| 30 Year VA Refi | 6.18% | 12/16/24 |
| 30 Year USDA Purchase | 6.93% | 12/16/24 |
| 30 Year USDA Refi | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 6.24% | 12/16/24 |
| 15 Year Conventional Refi | 5.91% | 12/16/24 |
| 15 Year Cash-out Refi | 5.91% | 12/16/24 |
| 15 Year FHA Purchase | 7.42% | 12/16/24 |
| 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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,251Origination Dollar Volume (All Markets)
$361,805,000Awards
Victorian Finance - 2018
Victorian Finance is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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) | 934 | $150,230,000 | $160,846 | $5,210 | 4.75% |
| CHARLESTON, WV (FHA|USDA|VA) | 181 | $25,545,000 | $141,133 | $3,862 | 4.67% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 113 | $20,475,000 | $181,195 | $5,050 | 4.95% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 88 | $18,710,000 | $212,614 | $4,345 | 4.85% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 107 | $17,225,000 | $160,981 | $4,152 | 4.67% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 52 | $11,920,000 | $229,231 | $6,401 | 4.81% |
| BURLINGTON, NC (FHA|USDA|VA) | 76 | $11,340,000 | $149,211 | $4,843 | 4.93% |
| BECKLEY, WV (FHA|USDA|VA) | 106 | $10,760,000 | $101,509 | $3,463 | 4.83% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 40 | $9,290,000 | $232,250 | $5,229 | 4.84% |
| Outside of Metro Areas | 59 | $8,015,000 | $135,847 | $5,221 | 4.73% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 61 | $8,015,000 | $131,393 | $4,526 | 5.02% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 27 | $5,565,000 | $206,111 | $5,840 | 4.76% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 20 | $4,540,000 | $227,000 | $7,766 | 4.73% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 38 | $4,370,000 | $115,000 | $4,573 | 4.90% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 9 | $3,065,000 | $340,556 | $9,619 | 4.14% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 17 | $2,395,000 | $140,882 | $5,035 | 4.90% |
| Mount Gay-Shamrock, WV (FHA|USDA|VA) | 19 | $2,145,000 | $112,895 | $3,956 | 4.87% |
| RICHMOND, VA (FHA|USDA|VA) | 11 | $2,085,000 | $189,545 | $6,912 | 4.64% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 13 | $2,065,000 | $158,846 | $3,928 | 4.89% |
| Somerset, PA (FHA|USDA|VA) | 17 | $1,855,000 | $109,118 | $4,904 | 4.63% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 7 | $1,725,000 | $246,429 | $10,363 | 5.11% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 10 | $1,720,000 | $172,000 | $5,744 | 4.74% |
| LANCASTER, PA (FHA|USDA|VA) | 9 | $1,695,000 | $188,333 | $9,085 | 4.44% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 6 | $1,550,000 | $258,333 | $6,086 | 4.31% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $1,505,000 | $215,000 | $4,778 | 4.63% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 11 | $1,305,000 | $118,636 | $4,829 | 4.85% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 12 | $1,230,000 | $102,500 | $4,498 | 5.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 8 | $1,220,000 | $152,500 | $7,083 | 4.30% |
| New Castle, PA (FHA|USDA|VA) | 7 | $1,185,000 | $169,286 | $6,218 | 4.79% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $9,201 | 4.44% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $6,445 | 4.69% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $10,823 | 4.72% |
| DALTON, GA (FHA|USDA|VA) | 7 | $995,000 | $142,143 | $6,351 | 4.50% |
| Salem, OH (FHA|USDA|VA) | 9 | $985,000 | $109,444 | $4,858 | 4.82% |
| Oil City, PA (FHA|USDA|VA) | 14 | $980,000 | $70,000 | $4,341 | 4.84% |
| Meadville, PA (FHA|USDA|VA) | 10 | $920,000 | $92,000 | $4,446 | 4.89% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $8,406 | 4.67% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $11,241 | 5.25% |
| Key West, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $10,838 | 4.56% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 6 | $770,000 | $128,333 | $4,335 | 4.40% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $4,192 | 4.54% |
| ALTOONA, PA (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $4,931 | 4.60% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $7,152 | 5.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $21,864 | 4.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $5,866 | 4.65% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $22,533 | 4.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $9,574 | 5.04% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $7,547 | 4.22% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $6,284 | 4.96% |
| Henderson, NC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,406 | 4.88% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $7,521 | 4.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $6,180 | 4.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $6,540 | 5.50% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $7,116 | 4.94% |
| READING, PA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,189 | 4.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,259 | 4.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,779 | 5.00% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,734 | 5.38% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,868 | 4.63% |
| Palatka, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,732 | 5.06% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,497 | 4.38% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,348 | 4.63% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $3,190 | 4.59% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $3,776 | 4.63% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,000 | 4.38% |
| MONTGOMERY, AL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $5,191 | 5.33% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $8,665 | 5.44% |
| WHEELING, WV-OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,541 | 4.31% |
| Bluefield, WV-VA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,379 | 5.00% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,201 | 4.38% |
| AKRON, OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,074 | 4.69% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,826 | 5.13% |
| Warren, PA (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $4,568 | 4.67% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,606 | 4.38% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,147 | 4.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,206 | 5.13% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,661 | 4.88% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,981 | 3.88% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,235 | 3.88% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,795 | 4.50% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,682 | 4.50% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,713 | 3.88% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,672 | 4.50% |
| Jasper, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,334 | 4.50% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,122 | 5.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,268 | 4.25% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,719 | 5.63% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,766 | 5.50% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,304 | 4.38% |
| Indiana, PA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $4,475 | 4.69% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,529 | 3.50% |
| Athens, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,692 | 4.88% |
| ROANOKE, VA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $3,850 | 4.56% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,815 | 4.63% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,369 | 4.25% |
| Glasgow, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,115 | 5.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,674 | 4.00% |
| Lewisburg, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,791 | 4.75% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,701 | 5.00% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,929 | 4.63% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $13,070 | 3.50% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,872 | 5.50% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,394 | 5.13% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,253 | 5.75% |
| ERIE, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $9,404 | 3.50% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,613 | 4.38% |
| Sanford, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,528 | 4.88% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,200 | 4.88% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,332 | 4.63% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,687 | 5.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,850 | 5.63% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,623 | 4.88% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,562 | 5.50% |
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 2018, Victorian Finance's most frequently originated type of loan was Conventional, with 956 originations. Their 2nd most popular type was FHA, with 853 originations.
Loan Reason
For 2018, Victorian Finance's most frequently cited loan purpose was Home Purchase, with 2,026 originations. The 2nd most popular reason was Cash Out Refi, with 155 originations.
Loan Duration/Length
For 2018, Victorian Finance's most frequently cited loan duration was 30 Year, with 2,142 originations. The 2nd most popular length was 15 Year, with 67 originations.
Origination Fees/Closing Costs
Victorian Finance's average total fees were $5,110, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,297 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1,567 | $259,175,000 | $165,396 |
| 5-6% | 521 | $74,235,000 | $142,486 |
| 3-4% | 154 | $27,440,000 | $178,182 |
| 6-7% | 7 | $535,000 | $76,429 |
| Over 8% | 1 | $325,000 | $325,000 |
During 2018, Victorian Finance's average interest rate for loans was 4.79%, while their most frequently originated rate bucket for loans was 4-5%, with 1,567 originations.
Loan Sizing
2018 saw Victorian Finance place emphasis on $100k-200k loans with 1,112 originations, totaling $161,410,000 in origination value.
Applicant Income
Victorian Finance lent most frequently to those with incomes in the $50k or less range, with 775 originations. The second most popular income band? $50k-75k, with 648 originations.
Applicant Debt to Income Ratio
Victorian Finance lent most frequently to those with DTI ratios of <20%, with 1,060 originations. The next most common DTI ratio? 20-30%, with 843 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.19%
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 origination67.79%
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 |
|---|---|---|---|
| 1711.07 | 1 | $95,000 | $95,000 |
| 1741.45 | 1 | $95,000 | $95,000 |
| NA | 2,249 | $361,615,000 | $160,789 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 30 | $3,360,000 | $112,000 |
| Single Family (1-4 Units):Site-Built | 2,221 | $358,445,000 | $161,389 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| VICTORIAN FINANCE, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |