Ntfn Mortgage Rates, Fees & Info

LEWISVILLE, TX

LEI: 549300ZMO1A0DHCESP30

Tax ID: 75-2725402

4.5 stars - Updated: 4/14/24 - out of 5 stars, based on 35 reviews

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

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Mortgage Data

Review & Overview

Ntfn is a smaller mortgage company specializing in Home Purchase loans. Ntfn has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Charleston, Columbia, Lake Charles, and Austin among others. We have data for 87 markets. (Some data included below & more in-depth data is available with an active subscription.)

Ntfn has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Ntfn 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 6.92% 4/14/24
30 Year Conventional Refi 6.65% 4/14/24
30 Year Cash-out Refi 6.93% 4/14/24
30 Year FHA Purchase 7.67% 4/14/24
30 Year FHA Refi 6.27% 4/14/24
30 Year VA Purchase 6.51% 4/14/24
30 Year VA Refi 6.27% 4/14/24
30 Year USDA Purchase 7.01% 4/14/24
15 Year Conventional Purchase 6.50% 4/14/24
15 Year Conventional Refi 6.40% 4/14/24
15 Year Cash-out Refi 6.40% 4/14/24
15 Year FHA Purchase 5.68% 4/14/24
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.

Ntfn Mortgage Calculator






Your Estimates

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

This is not an official calculator from Ntfn. 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

1,253

Origination Dollar Volume (All Markets)

$336,825,000

Awards

NTFN VA Loans bronze NTFN FHA Loans gold
Show all (2) awards

Relative Rate

Ntfn's average 30 year fixed mortgage rate was 6.73%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.25%.

Relative Fees (Closing Costs)

Ntfn's average total fees/closing costs for a 30 year fixed rate mortgage were $8,853.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 201 $71,985,000 $358,134 $9,526 6.95%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 162 $44,100,000 $272,222 $8,901 5.78%
COLUMBIA, SC (FHA|USDA|VA) 157 $31,645,000 $201,561 $9,154 5.08%
LAKE CHARLES, LA (FHA|USDA|VA) 127 $25,175,000 $198,228 $7,223 6.74%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 66 $23,000,000 $348,485 $11,013 6.59%
Arcadia, FL (FHA|USDA|VA) 64 $16,430,000 $256,719 $11,647 6.67%
COLUMBUS, OH (FHA|USDA|VA) 44 $11,140,000 $253,182 $8,749 6.93%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 38 $10,760,000 $283,158 $8,206 6.55%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 30 $8,780,000 $292,667 $9,830 6.88%
Outside of Metro Areas 44 $8,650,000 $196,591 $8,052 5.86%
OKLAHOMA CITY, OK (FHA|USDA|VA) 22 $8,060,000 $366,364 $5,425 6.78%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 16 $5,850,000 $365,625 $6,378 7.02%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 18 $4,890,000 $271,667 $8,721 6.19%
Lufkin, TX (FHA|USDA|VA) 23 $4,885,000 $212,391 $8,331 7.01%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 17 $4,795,000 $282,059 $11,516 6.40%
RALEIGH-CARY, NC (FHA|USDA|VA) 11 $4,425,000 $402,273 $3,995 6.45%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 12 $3,530,000 $294,167 $9,813 6.21%
ALBUQUERQUE, NM (FHA|USDA|VA) 14 $3,530,000 $252,143 $5,248 6.51%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 12 $3,480,000 $290,000 $6,139 6.46%
Nacogdoches, TX (FHA|USDA|VA) 11 $2,465,000 $224,091 $7,795 7.23%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 10 $2,360,000 $236,000 $10,060 6.54%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 10 $2,350,000 $235,000 $9,759 6.55%
PUNTA GORDA, FL (FHA|USDA|VA) 7 $2,255,000 $322,143 $11,400 7.09%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 11 $2,235,000 $203,182 $6,307 6.23%
SUMTER, SC (FHA|USDA|VA) 11 $2,065,000 $187,727 $9,053 5.49%
Wauchula, FL (FHA|USDA|VA) 8 $1,960,000 $245,000 $11,675 7.02%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 6 $1,540,000 $256,667 $6,385 6.21%
DeRidder, LA (FHA|USDA|VA) 6 $1,460,000 $243,333 $7,478 6.62%
Granbury, TX (FHA|USDA|VA) 3 $1,285,000 $428,333 $12,850 6.75%
WACO, TX (FHA|USDA|VA) 3 $1,185,000 $395,000 $17,990 6.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,125,000 $375,000 $17,867 6.75%
FLORENCE, SC (FHA|USDA|VA) 3 $925,000 $308,333 $9,652 6.96%
Jennings, LA (FHA|USDA|VA) 5 $905,000 $181,000 $6,123 6.87%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $860,000 $215,000 $4,683 7.09%
TYLER, TX (FHA|USDA|VA) 3 $815,000 $271,667 $10,746 7.58%
Orangeburg, SC (FHA|USDA|VA) 6 $770,000 $128,333 $8,989 4.25%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $740,000 $370,000 $8,329 6.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $720,000 $360,000 $13,535 6.81%
Newberry, SC (FHA|USDA|VA) 2 $650,000 $325,000 $8,213 7.00%
Shawnee, OK (FHA|USDA|VA) 1 $595,000 $595,000 $5,415 7.75%
LAFAYETTE, LA (FHA|USDA|VA) 3 $595,000 $198,333 $7,262 6.58%
LONGVIEW, TX (FHA|USDA|VA) 2 $580,000 $290,000 $6,099 7.31%
HAMMOND, LA (FHA|USDA|VA) 2 $550,000 $275,000 $4,533 7.31%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $550,000 $275,000 $9,795 7.06%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $545,000 $545,000 $4,306 6.88%
Athens, TX (FHA|USDA|VA) 2 $540,000 $270,000 $7,659 6.88%
Jacksonville, TX (FHA|USDA|VA) 2 $530,000 $265,000 $4,731 6.94%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $445,000 $148,333 $7,204 6.92%
Seneca, SC (FHA|USDA|VA) 1 $415,000 $415,000 $9,033 7.25%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $335,000 $335,000 $19,272 6.13%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $295,000 $295,000 $14,105 6.63%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $295,000 $295,000 $11,324 8.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $295,000 $295,000 $15,306 6.75%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $295,000 $295,000 $0 6.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $275,000 $275,000 $9,679 5.75%
Marion, OH (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.75%
Mount Pleasant, TX (FHA|USDA|VA) 1 $265,000 $265,000 $10,014 7.50%
EL PASO, TX (FHA|USDA|VA) 1 $265,000 $265,000 $0 8.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.75%
LUBBOCK, TX (FHA|USDA|VA) 1 $235,000 $235,000 $11,262 6.88%
Newport, TN (FHA|USDA|VA) 1 $235,000 $235,000 $8,603 6.00%
MIDLAND, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,497 7.50%
Brenham, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.75%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $225,000 $225,000 $8,404 6.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $215,000 $215,000 $6,245 6.38%
BATON ROUGE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $5,276 6.25%
ODESSA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,860 8.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $7,571 6.13%
AMARILLO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,822 7.25%
Bogalusa, LA (FHA|USDA|VA) 1 $195,000 $195,000 $8,302 6.13%
GOLDSBORO, NC (FHA|USDA|VA) 1 $185,000 $185,000 $5,347 5.75%
Bonham, TX (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.50%
BURLINGTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,754 6.00%
Bellefontaine, OH (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.13%
Shelby, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,561 6.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $170,000 $85,000 $5,677 7.06%
OCALA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,902 7.25%
Georgetown, SC (FHA|USDA|VA) 1 $155,000 $155,000 $4,344 7.00%
Borger, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $140,000 $70,000 $0 7.25%
Urbana, OH (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.38%
AKRON, OH (FHA|USDA|VA) 1 $125,000 $125,000 $2,207 7.00%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,246 6.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $115,000 $115,000 $4,508 6.63%
Athens, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $5,730 6.38%
Ntfn's top markets include Dallas, Charleston, Columbia, Lake Charles, and Austin among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 682 $180,130,000 $264,120 $7,618 6.22%
    FHA 357 $88,815,000 $248,782 $11,825 6.65%
    VA 187 $62,685,000 $335,214 $9,173 6.40%
    USDA 27 $5,195,000 $192,407 $8,473 6.52%

    For 2023, Ntfn's most frequently originated type of loan was Conventional, with 682 originations. Their 2nd most popular type was FHA, with 357 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,189 $321,125,000 $270,080 $8,917 6.35%
    Cash Out Refi 39 $8,745,000 $224,231 $7,006 6.96%
    Refi 24 $6,850,000 $285,417 $7,279 6.68%
    Home Improvement 1 $105,000 $105,000 $3,367 7.88%

    For 2023, Ntfn's most frequently cited loan purpose was Home Purchase, with 1,189 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,162 $329,990,000 $283,985 $8,853 6.73%
    15 Year 36 $5,400,000 $150,000 $8,756 3.34%
    10 Year 31 $275,000 $8,871 $0 0.00%
    20 Year 23 $775,000 $33,696 $5,598 0.61%
    Other 1 $385,000 $385,000 $8,029 7.38%

    For 2023, Ntfn's most frequently cited loan duration was 30 Year, with 1,162 originations. The 2nd most popular length was 15 Year, with 36 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 332 $118,450,000 $356,777
    $3k-4k 208 $50,220,000 $241,442
    $1k-2k 195 $48,185,000 $247,103
    $<1k 192 $40,690,000 $211,927
    $4k-5k 185 $52,025,000 $281,216
    $2k-3k 141 $27,255,000 $193,298

    Ntfn's average total fees were $8,853, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 332 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 666 $187,370,000 $281,336
    7-8% 335 $97,555,000 $291,209
    5-6% 162 $45,530,000 $281,049
    <2.5% 65 $445,000 $6,846
    Over 8% 19 $5,385,000 $283,421
    4-5% 2 $520,000 $260,000

    During 2023, Ntfn's average interest rate for loans was 6.73%, while their most frequently originated rate bucket for loans was 6-7%, with 666 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 710 $201,060,000 $283,183 $9,262 6.70%
    $100k-200k 272 $42,910,000 $157,757 $6,155 6.73%
    $400k-600k 142 $66,780,000 $470,282 $10,879 6.82%
    $100,000 or less 95 $2,405,000 $25,316 $3,643 1.95%
    $600k-1MM 33 $22,615,000 $685,303 $12,108 6.74%
    $1MM+ 1 $1,055,000 $1,055,000 $9,671 7.00%

    2023 saw Ntfn place emphasis on $200k-400k loans with 710 originations, totaling $201,060,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 306 $92,250,000 $301,471 $9,463 6.67%
    $75k-100k 304 $74,500,000 $245,066 $8,753 6.22%
    $50k-75k 297 $57,745,000 $194,428 $7,834 6.01%
    $150k-250k 166 $65,110,000 $392,229 $9,325 6.90%
    $50k or less 97 $11,785,000 $121,495 $5,829 5.73%
    $250k+ 77 $33,705,000 $437,727 $10,228 6.91%

    Ntfn lent most frequently to those with incomes in the $100k-150k range, with 306 originations. The second most popular income band? $75k-100k, with 304 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 203 $54,855,000 $270,222 $7,786 6.19%
    20-30% 146 $37,740,000 $258,493 $8,155 6.43%
    50-60% 85 $26,265,000 $309,000 $12,159 6.41%
    42% 79 $19,285,000 $244,114 $8,494 6.35%
    44% 73 $20,285,000 $277,877 $7,968 6.72%
    41% 66 $18,050,000 $273,485 $9,127 6.31%
    49% 65 $18,585,000 $285,923 $10,367 6.76%
    39% 59 $14,585,000 $247,203 $9,184 5.84%
    48% 58 $17,870,000 $308,103 $8,869 6.86%
    40% 58 $14,000,000 $241,379 $8,050 5.70%
    45% 57 $16,285,000 $285,702 $8,769 6.72%
    43% 54 $14,050,000 $260,185 $9,276 6.60%
    38% 47 $12,185,000 $259,255 $9,089 6.04%
    36% 44 $10,760,000 $244,545 $8,762 6.04%
    47% 44 $11,100,000 $252,273 $8,312 6.48%
    37% 43 $11,915,000 $277,093 $9,509 6.43%
    46% 42 $12,600,000 $300,000 $8,910 6.82%
    <20% 25 $5,515,000 $220,600 $6,329 6.81%
    >60% 5 $895,000 $179,000 $6,101 3.98%

    Ntfn lent most frequently to those with DTI ratios of 30-36%, with 203 originations. The next most common DTI ratio? 20-30%, with 146 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 936 $255,790,000 $273,280 $8,649 6.41%
    Not provided 132 $34,530,000 $261,591 $9,350 6.07%
    Black 139 $33,485,000 $240,899 $9,355 6.37%
    Asian 28 $7,750,000 $276,786 $8,087 6.62%
    American Indian 17 $4,575,000 $269,118 $10,576 6.55%
    Native Hawaiian or Islander 1 $695,000 $695,000 $5,054 6.38%

    Approval Rates

    Total approvals of all applications
    83.23%

    Ntfn has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    62.97%

    Ntfn 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 1,253 $336,825,000 $268,815

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,253 $336,825,000 $268,815

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 32 $5,910,000 $184,688 $5,834 6.68%
    40-60% 64 $14,890,000 $232,656 $6,781 6.54%
    60-80% 218 $63,880,000 $293,028 $7,967 6.93%
    80-100% 811 $233,875,000 $288,379 $9,156 6.70%
    Over 100% 54 $17,080,000 $316,296 $13,765 6.39%
    Under 20% 73 $1,075,000 $14,726 $1,667 0.42%