Telhio Mortgage Rates, Fees & Info

Columbus, OH

LEI: 549300ZJK68X6PQU2308

Tax ID: 31-4154280

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

    Telhio is a smaller mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. Telhio has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Cincinnati, Crestview, Toledo, and Dayton among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Telhio 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. Telhio is typically a low 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.

    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 6.10% 11/22/24
    30 Year Conventional Refi 6.33% 11/22/24
    30 Year Cash-out Refi 6.59% 11/22/24
    15 Year Conventional Purchase 5.81% 11/22/24
    15 Year Conventional Refi 6.45% 11/22/24
    15 Year Cash-out Refi 6.45% 11/22/24
    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.

    Telhio Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Telhio. 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

    1,254

    Origination Dollar Volume (All Markets)

    $221,210,000

    Awards

    TELHIO 30 Year Conventional Loans bronze
    Show all (1) 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
    COLUMBUS, OH (FHA|USDA|VA) 994 $180,590,000 $181,680 $2,348 3.26%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 194 $24,670,000 $127,165 $2,065 3.27%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $2,965,000 $2,965,000 $15,358 4.00%
    TOLEDO, OH (FHA|USDA|VA) 2 $1,690,000 $845,000 $3,729 3.25%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 11 $1,575,000 $143,182 $1,895 3.60%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 7 $1,085,000 $155,000 $2,903 2.73%
    Bellefontaine, OH (FHA|USDA|VA) 4 $830,000 $207,500 $2,046 2.77%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $775,000 $258,333 $2,897 2.96%
    Urbana, OH (FHA|USDA|VA) 4 $770,000 $192,500 $1,750 4.05%
    AKRON, OH (FHA|USDA|VA) 2 $710,000 $355,000 $3,276 2.75%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,528 3.63%
    Mount Vernon, OH (FHA|USDA|VA) 4 $540,000 $135,000 $2,022 3.31%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $515,000 $515,000 $3,289 3.00%
    Chillicothe, OH (FHA|USDA|VA) 3 $485,000 $161,667 $3,309 2.75%
    Outside of Metro Areas 4 $430,000 $107,500 $2,399 3.52%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,465 3.13%
    Athens, OH (FHA|USDA|VA) 1 $285,000 $285,000 $4,357 2.13%
    Sidney, OH (FHA|USDA|VA) 1 $265,000 $265,000 $2,830 2.75%
    Marion, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,157 2.75%
    Coshocton, OH (FHA|USDA|VA) 1 $245,000 $245,000 $2,606 2.63%
    MANSFIELD, OH (FHA|USDA|VA) 3 $225,000 $75,000 $1,799 3.71%
    Wilmington, OH (FHA|USDA|VA) 1 $225,000 $225,000 $3,028 3.00%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,725 3.00%
    Findlay, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,470 2.75%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,023 3.13%
    Wapakoneta, OH (FHA|USDA|VA) 2 $160,000 $80,000 $1,301 4.00%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,790 2.88%
    Bucyrus-Galion, OH (FHA|USDA|VA) 1 $115,000 $115,000 $2,856 2.88%
    Ashland, OH (FHA|USDA|VA) 1 $115,000 $115,000 $2,604 2.63%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $85,000 $85,000 $3,094 2.38%
    Washington Court House, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.25%
    Telhio's top markets include Columbus, Cincinnati, Crestview, Toledo, and Dayton among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against TELHIO based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The North Side Bank & Trust Company
    Similarity Rank: 246
    CINFED Federal Credit Union
    Similarity Rank: 288
    Sharefax Credit Union
    Similarity Rank: 505
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 567
    TrueCore Federal Credit Union
    Similarity Rank: 716
    First Federal Savings and Loan Association
    Similarity Rank: 979
    Liberty National Bank
    Similarity Rank: 1104
    Eagle Savings Bank
    Similarity Rank: 1152
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 1290
    Warsaw Federal Savings and Loan Association
    Similarity Rank: 1320

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,254 $221,210,000 $176,404 $2,326 3.26%

    For 2021, Telhio's most frequently originated type of loan was Conventional, with 1,254 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 407 $77,785,000 $191,118 $2,811 3.01%
    Refi 346 $65,710,000 $189,913 $2,521 2.79%
    Home Purchase 248 $60,230,000 $242,863 $3,479 3.00%
    Other 152 $11,740,000 $77,237 $149 4.55%
    Home Improvement 101 $5,745,000 $56,881 $100 4.51%

    For 2021, Telhio's most frequently cited loan purpose was Cash Out Refi, with 407 originations. The 2nd most popular reason was Refi, with 346 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 621 $142,535,000 $229,525 $3,135 3.04%
    15 Year 377 $50,395,000 $133,674 $1,680 3.42%
    10 Year 112 $6,150,000 $54,911 $568 3.93%
    20 Year 97 $14,955,000 $154,175 $1,853 3.16%
    Other 31 $6,775,000 $218,548 $2,763 2.96%
    5 Year 16 $400,000 $25,000 $235 4.12%

    For 2021, Telhio's most frequently cited loan duration was 30 Year, with 621 originations. The 2nd most popular length was 15 Year, with 377 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 938 $162,160,000 $172,878
    $1k-2k 261 $47,315,000 $181,284
    $2k-3k 32 $6,860,000 $214,375
    $3k-4k 11 $2,455,000 $223,182
    $4k-5k 6 $1,320,000 $220,000
    $5k+ 3 $995,000 $331,667

    Telhio's average total fees were $3,135, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 938 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 480 $109,940,000 $229,042
    3-4% 331 $56,825,000 $171,677
    <2.5% 224 $39,490,000 $176,295
    4-5% 143 $9,765,000 $68,287
    5-6% 76 $5,190,000 $68,289

    During 2021, Telhio's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 2.5-3%, with 480 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 481 $69,935,000 $145,395 $2,688 2.98%
    $100,000 or less 367 $20,715,000 $56,444 $859 4.00%
    $200k-400k 346 $92,830,000 $268,295 $3,077 2.92%
    $400k-600k 50 $24,020,000 $480,400 $3,587 2.87%
    $1MM+ 6 $10,610,000 $1,768,333 $7,773 2.94%
    $600k-1MM 4 $3,100,000 $775,000 $3,398 2.88%

    2021 saw Telhio place emphasis on $100k-200k loans with 481 originations, totaling $69,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 283 $53,205,000 $188,004 $2,282 3.31%
    $50k-75k 272 $38,190,000 $140,404 $2,338 3.18%
    $75k-100k 242 $36,520,000 $150,909 $2,204 3.30%
    $50k or less 204 $23,190,000 $113,676 $2,363 3.13%
    $150k-250k 192 $42,710,000 $222,448 $2,281 3.37%
    $250k+ 51 $25,795,000 $505,784 $3,255 3.22%

    Telhio lent most frequently to those with incomes in the $100k-150k range, with 283 originations. The second most popular income band? $50k-75k, with 272 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 305 $55,125,000 $180,738 $2,428 3.02%
    30-36% 275 $49,815,000 $181,145 $2,332 3.26%
    <20% 147 $26,225,000 $178,401 $2,450 2.91%
    44% 54 $7,530,000 $139,444 $1,971 3.64%
    36% 50 $7,560,000 $151,200 $1,988 3.46%
    41% 50 $8,380,000 $167,600 $2,190 3.34%
    40% 48 $6,980,000 $145,417 $1,775 3.92%
    38% 45 $7,155,000 $159,000 $2,051 3.52%
    37% 44 $6,860,000 $155,909 $1,893 3.58%
    43% 40 $7,890,000 $197,250 $2,036 3.65%
    42% 36 $5,200,000 $144,444 $2,403 3.38%
    39% 34 $5,290,000 $155,588 $2,153 3.63%
    45% 29 $6,065,000 $209,138 $2,670 3.22%
    46% 20 $3,790,000 $189,500 $3,234 3.13%
    47% 17 $3,385,000 $199,118 $2,965 3.27%
    48% 17 $3,545,000 $208,529 $2,779 3.30%
    49% 17 $4,115,000 $242,059 $2,829 3.13%
    50-60% 8 $1,750,000 $218,750 $2,751 3.66%
    >60% 6 $750,000 $125,000 $1,418 3.58%

    Telhio lent most frequently to those with DTI ratios of 20-30%, with 305 originations. The next most common DTI ratio? 30-36%, with 275 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 870 $158,240,000 $181,885 $2,311 3.25%
    Black 169 $29,105,000 $172,219 $2,709 3.15%
    Not provided 165 $24,115,000 $146,152 $1,810 3.54%
    Asian 42 $8,210,000 $195,476 $3,060 2.78%
    Asian Indian 4 $850,000 $212,500 $3,358 3.19%
    Other Asian 2 $310,000 $155,000 $2,748 3.06%
    American Indian 1 $275,000 $275,000 $2,731 3.88%
    Filipino 1 $105,000 $105,000 $0 3.50%

    Approval Rates

    Total approvals of all applications
    91.30%

    Telhio has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.01%

    Telhio has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,254 $221,210,000 $176,404

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,254 $221,210,000 $176,404

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 156 $14,730,000 $94,423 $1,100 3.85%
    40-60% 223 $33,715,000 $151,188 $2,468 2.79%
    60-80% 465 $103,495,000 $222,570 $2,974 2.97%
    80-100% 236 $62,020,000 $262,797 $3,320 2.96%
    Under 20% 174 $7,250,000 $41,667 $124 4.50%