Tucson Mortgage Rates, Fees & Info
TUCSON, AZLEI: 549300YJD6GFEQBIEF90
Tax ID: 86-0098798
Latest/2023 | 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 Prescott Valley among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Tucson has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
438Origination Dollar Volume (All Markets)
$36,820,000Top 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) | 417 | $35,505,000 | $85,144 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 8 | $570,000 | $71,250 | $0 | 0.00% |
| Nogales, AZ (FHA|USDA|VA) | 7 | $505,000 | $72,143 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $0 | 0.00% |
| Payson, 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 | 438 | $36,820,000 | $84,064 | $0 | 0.00% |
For 2022, Tucson's most frequently originated type of loan was Conventional, with 438 originations.
Loan Reason
For 2022, Tucson's most frequently cited loan purpose was Home Improvement, with 258 originations. The 2nd most popular reason was Cash Out Refi, with 127 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 438 | $36,820,000 | $84,064 | $0 | 0.00% |
For 2022, Tucson's most frequently cited loan duration was Other, with 438 originations.
Loan Sizing
2022 saw Tucson place emphasis on $100,000 or less loans with 317 originations, totaling $17,405,000 in origination value.
Applicant Income
Tucson lent most frequently to those with incomes in the $100k-150k range, with 119 originations. The second most popular income band? $50k-75k, with 105 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 438 | $36,820,000 | $84,064 | $0 | 0.00% |
Tucson lent most frequently to those with DTI ratios of Exempt%, with 438 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.58%
Tucson has an average approval rate.
Pick Rate
Approvals leading to origination90.41%
Tucson has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 438 | $36,820,000 | $84,064 |