Crestmark Mortgage Company Ltd. Rates, Fees & Info

HOUSTON, TX

LEI: 549300Z4DV0VEDFHP667

Tax ID: 20-8693961

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • 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: San Antonio, Austin, Dallas, and Houston among others. We have data for 4 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 an average 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 6.37% 12/16/24
    30 Year Conventional Refi 6.57% 12/16/24
    30 Year Cash-out Refi 7.08% 12/16/24
    30 Year FHA Purchase 6.96% 12/16/24
    30 Year VA Purchase 5.65% 12/16/24
    15 Year Conventional Purchase 5.63% 12/16/24
    15 Year Conventional Refi 6.14% 12/16/24
    15 Year Cash-out Refi 6.14% 12/16/24
    15 Year VA Purchase 5.68% 12/16/24
    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

    168

    Origination Dollar Volume (All Markets)

    $56,670,000
    Show all (6) 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
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 66 $23,340,000 $353,636 $7,758 4.30%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 62 $19,170,000 $309,194 $6,376 4.48%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 39 $13,815,000 $354,231 $6,624 4.49%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $345,000 $345,000 $9,271 5.38%
    Crestmark Mortgage Company Ltd.'s top markets include San Antonio, Austin, Dallas, and Houston among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • 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.

    NEIGHBORHOOD
    Similarity Rank: 200
    CORNERSTONE MORTGAGE PROVIDERS
    Similarity Rank: 291
    TEXANS
    Similarity Rank: 416
    Priority Bank
    Similarity Rank: 456
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 472
    AUSTIN TELCO Federal Credit Union
    Similarity Rank: 481
    JSC
    Similarity Rank: 900
    A+ Federal Credit Union
    Similarity Rank: 975
    TEXAS BAY
    Similarity Rank: 980
    First Commercial Bank
    Similarity Rank: 1122

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 112 $36,660,000 $327,321 $6,006 4.47%
    VA 43 $16,025,000 $372,674 $8,336 4.21%
    FHA 13 $3,985,000 $306,538 $11,033 4.63%

    For 2018, Crestmark Mortgage Company Ltd.'s most frequently originated type of loan was Conventional, with 112 originations. Their 2nd most popular type was VA, with 43 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 168 $56,670,000 $337,321 $6,997 4.42%

    For 2018, Crestmark Mortgage Company Ltd.'s most frequently cited loan purpose was Home Purchase, with 168 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 155 $53,655,000 $346,161 $7,176 4.43%
    15 Year 8 $2,210,000 $276,250 $5,565 4.09%
    10 Year 3 $525,000 $175,000 $4,533 4.38%
    5 Year 1 $5,000 $5,000 $0 0.00%
    Other 1 $275,000 $275,000 $5,299 4.63%

    For 2018, Crestmark Mortgage Company Ltd.'s most frequently cited loan duration was 30 Year, with 155 originations. The 2nd most popular length was 15 Year, with 8 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 99 $32,965,000 $332,980
    $<1k 39 $14,115,000 $361,923
    $2k-3k 12 $3,740,000 $311,667
    $3k-4k 7 $2,205,000 $315,000
    $5k+ 6 $1,990,000 $331,667
    $4k-5k 4 $1,470,000 $367,500

    Crestmark Mortgage Company Ltd.'s average total fees were $7,176, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 99 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 130 $43,930,000 $337,923
    3-4% 30 $10,330,000 $344,333
    5-6% 7 $2,405,000 $343,571

    During 2018, Crestmark Mortgage Company Ltd.'s average interest rate for loans was 4.43%, while their most frequently originated rate bucket for loans was 4-5%, with 130 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 114 $36,200,000 $317,544 $6,844 4.42%
    $400k-600k 43 $18,935,000 $440,349 $8,010 4.39%
    $100k-200k 10 $1,530,000 $153,000 $4,877 4.50%
    $100,000 or less 1 $5,000 $5,000 $0 0.00%

    2018 saw Crestmark Mortgage Company Ltd. place emphasis on $200k-400k loans with 114 originations, totaling $36,200,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 78 $26,690,000 $342,179 $6,722 4.39%
    $150k-250k 44 $15,880,000 $360,909 $7,583 4.40%
    $75k-100k 23 $6,975,000 $303,261 $6,526 4.47%
    $250k+ 14 $4,740,000 $338,571 $6,784 4.50%
    $50k-75k 8 $2,150,000 $268,750 $7,675 4.50%
    $50k or less 1 $235,000 $235,000 $10,867 4.25%

    Crestmark Mortgage Company Ltd. lent most frequently to those with incomes in the $100k-150k range, with 78 originations. The second most popular income band? $150k-250k, with 44 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 27 $8,325,000 $308,333 $6,286 4.35%
    30-36% 24 $8,050,000 $335,417 $6,331 4.39%
    50-60% 18 $6,580,000 $365,556 $10,806 4.45%
    <20% 11 $3,155,000 $286,818 $5,513 4.48%
    49% 9 $3,295,000 $366,111 $5,629 4.38%
    36% 9 $2,955,000 $328,333 $8,822 4.31%
    45% 9 $3,075,000 $341,667 $7,189 4.56%
    48% 8 $2,530,000 $316,250 $5,379 4.39%
    40% 7 $2,755,000 $393,571 $6,340 4.31%
    43% 7 $2,175,000 $310,714 $6,655 4.46%
    39% 7 $2,325,000 $332,143 $4,858 4.20%
    44% 6 $2,180,000 $363,333 $8,108 4.54%
    46% 6 $2,300,000 $383,333 $7,251 4.30%
    41% 6 $2,070,000 $345,000 $6,111 4.46%
    37% 4 $1,260,000 $315,000 $5,315 4.63%
    47% 4 $1,500,000 $375,000 $9,734 4.53%
    38% 3 $1,175,000 $391,667 $10,255 4.75%
    >60% 2 $680,000 $340,000 $2,470 4.75%
    42% 1 $285,000 $285,000 $9,751 4.38%

    Crestmark Mortgage Company Ltd. lent most frequently to those with DTI ratios of 20-30%, with 27 originations. The next most common DTI ratio? 30-36%, with 24 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 100 $33,170,000 $331,700 $6,774 4.42%
    Not provided 23 $7,765,000 $337,609 $6,474 4.37%
    Black 21 $7,565,000 $360,238 $8,623 4.52%
    Asian 12 $3,730,000 $310,833 $5,702 4.41%
    Other Asian 4 $1,630,000 $407,500 $7,950 4.34%
    American Indian 3 $1,115,000 $371,667 $9,246 4.21%
    Asian Indian 3 $1,075,000 $358,333 $7,725 4.29%
    Native Hawaiian or Islander 1 $385,000 $385,000 $5,929 4.75%
    Other Pacific Islander 1 $235,000 $235,000 $10,867 4.25%

    Approval Rates

    Total approvals of all applications
    97.50%

    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 origination
    83.93%

    Crestmark Mortgage Company Ltd. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 168 $56,670,000 $337,321

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 168 $56,670,000 $337,321

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $625,000 $125,000 $4,610 4.48%
    40-60% 15 $4,075,000 $271,667 $5,883 4.34%
    60-80% 40 $13,780,000 $344,500 $6,046 4.48%
    80-100% 97 $34,385,000 $354,485 $6,892 4.38%
    Over 100% 10 $3,800,000 $380,000 $15,273 4.59%
    Under 20% 1 $5,000 $5,000 $0 0.00%