Crestmark Mortgage Company Ltd. Rates, Fees & Info
HOUSTON, TXLEI: 549300Z4DV0VEDFHP667
Tax ID: 20-8693961
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Crestmark Mortgage Company Ltd. is a smaller mortgage company specializing in Home Purchase loans. Crestmark Mortgage Company Ltd. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Houston, San Antonio, Dallas, Austin, and Sherman among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Crestmark Mortgage Company Ltd. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Crestmark Mortgage Company Ltd. is typically a high 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 relatively high 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 | 6.37% | 12/2/24 |
30 Year Conventional Refi | 6.57% | 12/2/24 |
30 Year Cash-out Refi | 7.08% | 12/2/24 |
30 Year FHA Purchase | 6.96% | 12/2/24 |
30 Year VA Purchase | 5.65% | 12/2/24 |
15 Year Conventional Purchase | 5.63% | 12/2/24 |
15 Year Conventional Refi | 6.14% | 12/2/24 |
15 Year Cash-out Refi | 6.14% | 12/2/24 |
15 Year VA Purchase | 5.68% | 12/2/24 |
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. |
Crestmark Mortgage Company Ltd. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Crestmark Mortgage Company Ltd.. 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
1,232Origination Dollar Volume (All Markets)
$574,450,000CRESTMARK MORTGAGE COMPANY LTD. - 2023
CRESTMARK MORTGAGE COMPANY LTD. is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for CRESTMARK MORTGAGE COMPANY LTD.?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Crestmark Mortgage Company Ltd.'s average 30 year fixed mortgage rate was
6.36%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.12%.
Relative Fees (Closing Costs)
Crestmark Mortgage Company Ltd.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $10,676.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
---|---|---|---|---|---|
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 449 | $192,155,000 | $427,962 | $10,853 | 6.44% |
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 319 | $151,095,000 | $473,652 | $9,653 | 5.92% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 268 | $134,580,000 | $502,164 | $10,780 | 6.76% |
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 184 | $91,930,000 | $499,620 | $11,546 | 6.26% |
Outside of Metro Areas | 5 | $1,945,000 | $389,000 | $2,374 | 6.80% |
SHERMAN-DENISON, TX (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $11,115 | 6.15% |
KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $16,733 | 5.88% |
CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,176 | 6.49% |
Nacogdoches, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against CRESTMARK MORTGAGE COMPANY LTD. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 220
Similarity Rank: 258
Similarity Rank: 360
Similarity Rank: 432
Similarity Rank: 714
Similarity Rank: 770
Similarity Rank: 824
Similarity Rank: 981
Similarity Rank: 1048
Similarity Rank: 1050
Product Mix
For 2023, Crestmark Mortgage Company Ltd.'s most frequently originated type of loan was Conventional, with 861 originations. Their 2nd most popular type was VA, with 220 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Home Purchase | 1,232 | $574,450,000 | $466,274 | $10,593 | 6.35% |
For 2023, Crestmark Mortgage Company Ltd.'s most frequently cited loan purpose was Home Purchase, with 1,232 originations.
Loan Duration/Length
For 2023, Crestmark Mortgage Company Ltd.'s most frequently cited loan duration was 30 Year, with 1,184 originations. The 2nd most popular length was 15 Year, with 32 originations.
Origination Fees/Closing Costs
Crestmark Mortgage Company Ltd.'s average total fees were $10,676, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 607 originations.
Interest Rates
During 2023, Crestmark Mortgage Company Ltd.'s average interest rate for loans was 6.36%, while their most frequently originated rate bucket for loans was 6-7%, with 509 originations.
Loan Sizing
2023 saw Crestmark Mortgage Company Ltd. place emphasis on $400k-600k loans with 641 originations, totaling $313,535,000 in origination value.
Applicant Income
Crestmark Mortgage Company Ltd. lent most frequently to those with incomes in the $150k-250k range, with 549 originations. The second most popular income band? $100k-150k, with 382 originations.
Applicant Debt to Income Ratio
Crestmark Mortgage Company Ltd. lent most frequently to those with DTI ratios of 30-36%, with 174 originations. The next most common DTI ratio? 50-60%, with 149 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.20%
Crestmark Mortgage Company Ltd. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination62.58%
Crestmark Mortgage Company Ltd. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 1,232 | $574,450,000 | $466,274 |