Jeep Country Mortgage Rates, Fees & Info

Holland, OH

LEI: 549300YCOUKZIB6S5041

Tax ID: 34-4427761

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Jeep Country is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Jeep Country has a high proportion of conventional loans. Their top markets by origination volume include: Toledo, Monroe, and Gulfport among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Jeep Country has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Jeep Country is typically a low 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 6.02% 5/4/24
    30 Year Cash-out Refi 6.01% 5/4/24
    15 Year Conventional Refi 4.89% 5/4/24
    15 Year Cash-out Refi 4.89% 5/4/24
    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.

    Jeep Country Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Jeep Country. 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

    49

    Origination Dollar Volume (All Markets)

    $4,425,000

    Awards

    JEEP COUNTRY 30 Year Conventional Loans gold JEEP COUNTRY 30 Year Conventional Loans silver JEEP COUNTRY 30 Year Conventional Loans bronze
    Show all (3) awards

    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
    TOLEDO, OH (FHA|USDA|VA) 43 $3,765,000 $87,558 $1,685 4.82%
    MONROE, MI (FHA|USDA|VA) 4 $460,000 $115,000 $2,314 4.66%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $145,000 $145,000 $1,441 5.13%
    Outside of Metro Areas 1 $55,000 $55,000 $4,194 4.75%
    Jeep Country's top markets include Toledo, Monroe, and Gulfport among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against JEEP COUNTRY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Federal Savings and Loan Association of Delta
    Similarity Rank: 48
    JEEP COUNTRY
    Similarity Rank: 52
    HOME MORTGAGE ASSURED CORPORATION
    Similarity Rank: 325
    THE BANKERS GUARANTEE TITLE & TRUST COMPANY
    Similarity Rank: 480
    First National Bank of Bellevue
    Similarity Rank: 696
    The Genoa Banking Company
    Similarity Rank: 741
    Civista Bank
    Similarity Rank: 966
    The Farmers & Merchants State Bank
    Similarity Rank: 1014
    First Federal Bank of the Midwest
    Similarity Rank: 1449
    Huron Valley Financial, Inc.
    Similarity Rank: 1710

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 48 $4,380,000 $91,250 $1,794 4.80%
    HELOC 1 $45,000 $45,000 n/a 5.25%

    For 2018, Jeep Country's most frequently originated type of loan was Conventional, with 48 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 26 $2,580,000 $99,231 $1,622 4.59%
    Cash Out Refi 14 $1,340,000 $95,714 $2,797 4.92%
    Home Improvement 6 $310,000 $51,667 $840 5.33%
    Refi 2 $170,000 $85,000 $961 5.15%
    Other 1 $25,000 $25,000 $690 5.40%

    For 2018, Jeep Country's most frequently cited loan purpose was Home Purchase, with 26 originations. The 2nd most popular reason was Cash Out Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 27 $2,665,000 $98,704 $1,676 4.67%
    15 Year 18 $1,640,000 $91,111 $2,131 4.90%
    10 Year 2 $70,000 $35,000 $483 5.38%
    5 Year 1 $35,000 $35,000 $769 5.10%
    Other 1 $15,000 $15,000 $0 5.60%

    For 2018, Jeep Country's most frequently cited loan duration was 30 Year, with 27 originations. The 2nd most popular length was 15 Year, with 18 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 30 $2,670,000 $89,000
    $2k-3k 10 $1,210,000 $121,000
    $1k-2k 3 $235,000 $78,333

    Jeep Country's average total fees were $1,676, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 30 $2,970,000 $99,000
    5-6% 17 $1,055,000 $62,059
    3-4% 2 $400,000 $200,000

    During 2018, Jeep Country's average interest rate for loans was 4.67%, while their most frequently originated rate bucket for loans was 4-5%, with 30 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 31 $1,875,000 $60,484 $1,335 4.98%
    $100k-200k 17 $2,315,000 $136,176 $2,379 4.55%
    $200k-400k 1 $235,000 $235,000 $4,822 4.00%

    2018 saw Jeep Country place emphasis on $100,000 or less loans with 31 originations, totaling $1,875,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 20 $1,430,000 $71,500 $1,295 4.77%
    $50k-75k 15 $1,435,000 $95,667 $1,713 4.83%
    $75k-100k 11 $1,315,000 $119,545 $3,145 4.75%
    $100k-150k 3 $245,000 $81,667 $1,014 5.23%

    Jeep Country lent most frequently to those with incomes in the $50k or less range, with 20 originations. The second most popular income band? $50k-75k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 10 $910,000 $91,000 $1,579 4.56%
    20-30% 9 $645,000 $71,667 $1,698 4.97%
    42% 7 $505,000 $72,143 $1,764 4.98%
    40% 6 $660,000 $110,000 $905 4.73%
    <20% 4 $340,000 $85,000 $1,972 4.61%
    36% 3 $255,000 $85,000 $1,912 5.12%
    45% 2 $280,000 $140,000 $2,483 4.63%
    39% 2 $180,000 $90,000 $799 5.20%
    44% 1 $65,000 $65,000 $2,329 4.75%
    46% 1 $145,000 $145,000 $1,441 5.13%
    47% 1 $105,000 $105,000 $3,939 4.63%
    49% 1 $95,000 $95,000 $2,404 4.13%
    38% 1 $175,000 $175,000 $2,614 4.88%
    43% 1 $65,000 $65,000 $4,009 5.25%

    Jeep Country lent most frequently to those with DTI ratios of 30-36%, with 10 originations. The next most common DTI ratio? 20-30%, with 9 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 37 $3,575,000 $96,622 $2,039 4.80%
    Black 11 $755,000 $68,636 $1,098 4.90%
    American Indian 1 $95,000 $95,000 $674 4.38%

    Approval Rates

    Total approvals of all applications
    86.11%

    Jeep Country has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.80%

    Jeep Country has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 49 $4,425,000 $90,306

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 49 $4,425,000 $90,306

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $170,000 $42,500 $103 5.46%
    40-60% 6 $440,000 $73,333 $2,716 4.87%
    60-80% 11 $1,155,000 $105,000 $2,357 4.89%
    80-100% 26 $2,610,000 $100,385 $1,544 4.62%
    Under 20% 2 $50,000 $25,000 $587 5.45%