Jeep Country Mortgage Rates, Fees & Info

Holland, OH

LEI: 549300YCOUKZIB6S5041

Tax ID: 34-4427761

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Mortgage Data

Review & Overview

Jeep Country is a smaller mortgage company specializing in Home Purchase loans. Jeep Country has a high proportion of conventional loans. Their top two markets are Toledo and Monroe .

Jeep Country has an average approval rate when compared to the average across all 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.

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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

46

Origination Dollar Volume (All Markets)

$4,560,000

Awards

JEEP COUNTRY 30 Year Conventional Loans gold JEEP COUNTRY 30 Year Conventional Loans gold
Show all (2) 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 $4,195,000 $97,558 $1,000 4.55%
MONROE, MI (FHA|USDA|VA) 3 $365,000 $121,667 $1,275 4.25%
Jeep Country's top markets include Toledo and Monroe among others.

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

    Bay Area Credit Union, Inc.
    Similarity Rank: 13
    JEEP COUNTRY
    Similarity Rank: 78
    First National Bank of Bellevue
    Similarity Rank: 380
    POLARIS HOME FUNDING CORP.
    Similarity Rank: 418
    The Genoa Banking Company
    Similarity Rank: 840
    SUN Federal Credit Union
    Similarity Rank: 875
    HOME MORTGAGE ASSURED CORPORATION
    Similarity Rank: 1312

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 46 $4,560,000 $99,130 $1,018 4.53%

    For 2019, Jeep Country's most frequently originated type of loan was Conventional, with 46 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 26 $2,900,000 $111,538 $1,154 4.39%
    Cash Out Refi 8 $530,000 $66,250 $0 5.01%
    Home Improvement 7 $385,000 $55,000 $0 5.10%
    Refi 5 $745,000 $149,000 $3,362 3.65%

    For 2019, Jeep Country's most frequently cited loan purpose was Home Purchase, with 26 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 27 $3,185,000 $117,963 $1,377 4.39%
    15 Year 12 $840,000 $70,000 $224 4.86%
    10 Year 3 $95,000 $31,667 $985 4.73%
    20 Year 2 $290,000 $145,000 $1,998 3.56%
    Other 2 $150,000 $75,000 $0 5.00%

    For 2019, Jeep Country's most frequently cited loan duration was 30 Year, with 27 originations. The 2nd most popular length was 15 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 38 $3,500,000 $92,105
    $2k-3k 6 $890,000 $148,333
    $1k-2k 2 $170,000 $85,000

    Jeep Country's average total fees were $1,377, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 38 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 26 $2,290,000 $88,077
    3-4% 10 $1,550,000 $155,000
    5-6% 10 $720,000 $72,000

    During 2019, Jeep Country's average interest rate for loans was 4.39%, while their most frequently originated rate bucket for loans was 4-5%, with 26 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 25 $1,445,000 $57,800 $809 4.72%
    $100k-200k 19 $2,575,000 $135,526 $1,161 4.39%
    $200k-400k 2 $540,000 $270,000 $2,270 3.50%

    2019 saw Jeep Country place emphasis on $100,000 or less loans with 25 originations, totaling $1,445,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 21 $1,975,000 $94,048 $683 4.62%
    $50k or less 12 $1,000,000 $83,333 $1,487 4.53%
    $75k-100k 7 $715,000 $102,143 $942 4.52%
    $100k-150k 4 $330,000 $82,500 $874 4.54%
    $150k-250k 2 $540,000 $270,000 $2,270 3.50%

    Jeep Country lent most frequently to those with incomes in the $50k-75k range, with 21 originations. The second most popular income band? $50k or less, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 13 $1,125,000 $86,538 $786 4.64%
    20-30% 13 $1,685,000 $129,615 $1,114 4.32%
    38% 4 $280,000 $70,000 $1,464 4.83%
    39% 3 $255,000 $85,000 $658 4.67%
    <20% 2 $130,000 $65,000 $3,225 3.69%
    36% 2 $270,000 $135,000 $4 4.24%
    41% 2 $100,000 $50,000 $0 5.00%
    42% 2 $310,000 $155,000 $1,114 4.44%
    43% 2 $130,000 $65,000 $100 5.08%
    37% 1 $75,000 $75,000 $1,769 4.38%
    40% 1 $155,000 $155,000 $3,636 3.88%
    44% 1 $45,000 $45,000 $0 5.40%

    Jeep Country lent most frequently to those with DTI ratios of 30-36%, with 13 originations. The next most common DTI ratio? 20-30%, with 13 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 35 $3,685,000 $105,286 $1,074 4.46%
    Black 9 $715,000 $79,444 $844 4.76%
    Not provided 1 $85,000 $85,000 $1,208 4.25%
    American Indian 1 $75,000 $75,000 $413 5.00%

    Approval Rates

    Total approvals of all applications
    82.14%

    Jeep Country has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 46 $4,560,000 $99,130

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 46 $4,560,000 $99,130

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $85,000 $28,333 $0 4.90%
    40-60% 2 $120,000 $60,000 $0 5.25%
    60-80% 10 $1,270,000 $127,000 $1,331 4.39%
    80-100% 27 $2,915,000 $107,963 $1,241 4.42%
    Under 20% 4 $170,000 $42,500 $0 4.98%