Tucson Mortgage Rates, Fees & Info
TUCSON, AZLEI: 549300YJD6GFEQBIEF90
Tax ID: 86-0098798
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Tucson is a smaller mortgage company specializing in Home Improvement and Cash Out Refi loans. Tucson has a high proportion of conventional loans. Their top markets by origination volume include: Tucson, Phoenix, Nogales, Sierra Vista, and Lake Havasu City among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Tucson 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.
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Originations
451Origination Dollar Volume (All Markets)
$34,285,000Top 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 |
|---|---|---|---|---|---|
| TUCSON, AZ (FHA|USDA|VA) | 430 | $32,480,000 | $75,535 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 11 | $1,045,000 | $95,000 | $0 | 0.00% |
| Nogales, AZ (FHA|USDA|VA) | 6 | $500,000 | $83,333 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 451 | $34,285,000 | $76,020 | $0 | 0.00% |
For 2024, Tucson's most frequently originated type of loan was Conventional, with 451 originations.
Loan Reason
For 2024, Tucson's most frequently cited loan purpose was Home Improvement, with 225 originations. The 2nd most popular reason was Cash Out Refi, with 113 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 451 | $34,285,000 | $76,020 | $0 | 0.00% |
For 2024, Tucson's most frequently cited loan duration was Other, with 451 originations.
Loan Sizing
2024 saw Tucson place emphasis on $100,000 or less loans with 349 originations, totaling $18,075,000 in origination value.
Applicant Income
Tucson lent most frequently to those with incomes in the $100k-150k range, with 116 originations. The second most popular income band? $50k-75k, with 102 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 451 | $34,285,000 | $76,020 | $0 | 0.00% |
Tucson lent most frequently to those with DTI ratios of Exempt%, with 451 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.96%
Tucson has an average approval rate.
Pick Rate
Approvals leading to origination80.93%
Tucson has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 451 | $34,285,000 | $76,020 |