Pilgrim Mortgage Rates, Fees & Info
SAN ANTONIO, TXLEI: 549300Y817BTHHMVNH95
Tax ID: 30-0382471
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Pilgrim Mortgage is a smaller mortgage company specializing in Home Purchase loans. Pilgrim Mortgage 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: San Antonio, College Station, Austin, Dallas, and Houston among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)Pilgrim 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. Pilgrim Mortgage 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 | 6.98% | 4/5/25 |
| 30 Year Conventional Refi | 7.22% | 4/5/25 |
| 30 Year Cash-out Refi | 7.15% | 4/5/25 |
| 30 Year FHA Purchase | 7.34% | 4/5/25 |
| 30 Year FHA Refi | 7.28% | 4/5/25 |
| 30 Year VA Purchase | 6.44% | 4/5/25 |
| 30 Year VA Refi | 6.18% | 4/5/25 |
| 30 Year USDA Purchase | 7.11% | 4/5/25 |
| 15 Year Conventional Purchase | 6.10% | 4/5/25 |
| 15 Year Conventional Refi | 5.76% | 4/5/25 |
| 15 Year Cash-out Refi | 5.76% | 4/5/25 |
| 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. | ||
Pilgrim Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Pilgrim 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
918Origination Dollar Volume (All Markets)
$295,580,000Awards
PILGRIM MORTGAGE - 2024
PILGRIM MORTGAGE is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for PILGRIM MORTGAGE?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Pilgrim Mortgage's average 30 year fixed mortgage rate was
6.59%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.04%.
Relative Fees (Closing Costs)
Pilgrim Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $9,179.
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 $8,356.
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 |
|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 455 | $149,645,000 | $328,890 | $9,235 | 6.55% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 141 | $42,855,000 | $303,936 | $8,425 | 6.69% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 60 | $28,600,000 | $476,667 | $10,084 | 6.38% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 48 | $15,920,000 | $331,667 | $9,899 | 6.35% |
| Outside of Metro Areas | 45 | $12,355,000 | $274,556 | $8,859 | 6.67% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 33 | $11,675,000 | $353,788 | $10,292 | 6.68% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 63 | $11,565,000 | $183,571 | $6,018 | 6.54% |
| Kerrville, TX (FHA|USDA|VA) | 17 | $5,165,000 | $303,824 | $11,479 | 6.66% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 5 | $2,995,000 | $599,000 | $13,264 | 7.15% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $2,315,000 | $771,667 | $9,870 | 6.37% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 7 | $1,355,000 | $193,571 | $6,904 | 6.78% |
| PINE BLUFF, AR (FHA|USDA|VA) | 9 | $1,305,000 | $145,000 | $6,026 | 6.64% |
| El Campo, TX (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $8,234 | 7.25% |
| Pearsall, TX (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $11,424 | 5.75% |
| Fredericksburg, TX (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $14,578 | 6.75% |
| Bay City, TX (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $3,384 | 6.19% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,432 | 5.25% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,584 | 7.06% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,983 | 7.49% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $10,596 | 7.38% |
| Brenham, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $25,546 | 7.75% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $15,717 | 7.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,375 | 6.88% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $413 | 7.00% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $10,994 | 7.63% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $9,554 | 6.25% |
| Eagle Pass, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $12,805 | 6.25% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,344 | 5.63% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,482 | 6.25% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,583 | 7.25% |
| TYLER, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $12,800 | 6.49% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,409 | 5.88% |
| Beeville, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,505 | 5.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,305 | 5.60% |
| Helena-West Helena, AR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,272 | 6.63% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,146 | 5.99% |
| Hope, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,821 | 6.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against PILGRIM MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 105
Similarity Rank: 133
Similarity Rank: 144
Similarity Rank: 180
Similarity Rank: 253
Similarity Rank: 275
Similarity Rank: 405
Similarity Rank: 420
Similarity Rank: 468
Similarity Rank: 492
Product Mix
For 2024, Pilgrim Mortgage's most frequently originated type of loan was Conventional, with 493 originations. Their 2nd most popular type was FHA, with 261 originations.
Loan Reason
For 2024, Pilgrim Mortgage's most frequently cited loan purpose was Home Purchase, with 829 originations. The 2nd most popular reason was Refi, with 80 originations.
Loan Duration/Length
For 2024, Pilgrim Mortgage's most frequently cited loan duration was 30 Year, with 884 originations. The 2nd most popular length was 10 Year, with 17 originations.
Origination Fees/Closing Costs
Pilgrim Mortgage's average total fees were $9,179, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 265 originations.
Interest Rates
During 2024, Pilgrim Mortgage's average interest rate for loans was 6.59%, while their most frequently originated rate bucket for loans was 6-7%, with 535 originations.
Loan Sizing
2024 saw Pilgrim Mortgage place emphasis on $200k-400k loans with 509 originations, totaling $146,055,000 in origination value.
Applicant Income
Pilgrim Mortgage lent most frequently to those with incomes in the $100k-150k range, with 267 originations. The second most popular income band? $150k-250k, with 178 originations.
Applicant Debt to Income Ratio
Pilgrim Mortgage lent most frequently to those with DTI ratios of 20-30%, with 340 originations. The next most common DTI ratio? <20%, with 193 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.10%
Pilgrim Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination70.04%
Pilgrim Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 918 | $295,580,000 | $321,983 |