Tucson Mortgage Rates, Fees & Info
TUCSON, AZLEI: 549300YJD6GFEQBIEF90
Tax ID: 86-0098798
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Mortgage Data
Review & Overview
Tucson is a smaller mortgage company specializing in Home Improvement and Refi loans. Tucson has a high proportion of conventional loans. Their top markets by origination volume include: Tucson, Phoenix, and Nogales among others. We have data for 3 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 an average pick rate when compared to similar lenders.
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Originations
168Origination Dollar Volume (All Markets)
$9,540,000Top 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) | 162 | $9,140,000 | $56,420 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $375,000 | $75,000 | $0 | 0.00% |
| Nogales, AZ (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 168 | $9,540,000 | $56,786 | $0 | 0.00% |
For 2019, Tucson's most frequently originated type of loan was Conventional, with 168 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Improvement | 104 | $5,230,000 | $50,288 | $0 | 0.00% |
| Refi | 64 | $4,310,000 | $67,344 | $0 | 0.00% |
For 2019, Tucson's most frequently cited loan purpose was Home Improvement, with 104 originations. The 2nd most popular reason was Refi, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 168 | $9,540,000 | $56,786 | $0 | 0.00% |
For 2019, Tucson's most frequently cited loan duration was Other, with 168 originations.
Loan Sizing
2019 saw Tucson place emphasis on $100,000 or less loans with 152 originations, totaling $7,190,000 in origination value.
Applicant Income
Tucson lent most frequently to those with incomes in the $50k or less range, with 51 originations. The second most popular income band? $75k-100k, with 34 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 168 | $9,540,000 | $56,786 | $0 | 0.00% |
Tucson lent most frequently to those with DTI ratios of Exempt%, with 168 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.70%
Tucson has an average approval rate.
Pick Rate
Approvals leading to origination92.26%
Tucson has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 168 | $9,540,000 | $56,786 |