Ntfn Mortgage Rates, Fees & Info

LEWISVILLE, TX

LEI: 549300ZMO1A0DHCESP30

Tax ID: 75-2725402

4.1 stars - out of 5 stars, based on 63 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Ntfn is a small 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 include Dallas, Charleston, Austin, Lake Charles, and San Antonio among others. Ntfn has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Ntfn is typically an average fee lendor.


Originations

3,947

Origination Dollar Volume (All Markets)

$1,033,095,000
Show all (10) awards

Relative Rate

Ntfn 's average 30 year fixed rate mortgage of loans were 3.18%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.03%.

Relative Fees

Ntfn 's average total fees for a 30 year fixed rate mortgage are $5,617.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1,000 $315,510,000 $315,510 $5,496 3.11%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 592 $148,550,000 $250,929 $6,074 2.81%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 225 $75,545,000 $335,756 $5,790 3.18%
LAKE CHARLES, LA (FHA|USDA|VA) 303 $63,165,000 $208,465 $5,252 3.10%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 221 $59,845,000 $270,792 $6,222 3.09%
COLUMBUS, OH (FHA|USDA|VA) 164 $35,050,000 $213,720 $5,470 3.57%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 112 $30,260,000 $270,179 $5,101 3.18%
RALEIGH-CARY, NC (FHA|USDA|VA) 98 $27,130,000 $276,837 $2,363 2.97%
COLUMBIA, SC (FHA|USDA|VA) 141 $22,465,000 $159,326 $4,546 2.47%
ALBUQUERQUE, NM (FHA|USDA|VA) 87 $22,305,000 $256,379 $4,060 3.19%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 70 $20,380,000 $291,143 $3,571 3.10%
Arcadia, FL (FHA|USDA|VA) 107 $20,185,000 $188,645 $6,199 3.11%
SHERMAN-DENISON, TX (FHA|USDA|VA) 72 $19,200,000 $266,667 $5,593 3.16%
Outside of Metro Areas 92 $18,990,000 $206,413 $5,303 2.89%
OKLAHOMA CITY, OK (FHA|USDA|VA) 59 $15,545,000 $263,475 $3,742 3.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 57 $15,055,000 $264,123 $7,903 3.07%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 44 $12,090,000 $274,773 $2,499 2.96%
PUNTA GORDA, FL (FHA|USDA|VA) 46 $10,860,000 $236,087 $5,825 3.26%
Lufkin, TX (FHA|USDA|VA) 47 $9,415,000 $200,319 $5,612 3.36%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 29 $6,075,000 $209,483 $5,612 2.66%
DeRidder, LA (FHA|USDA|VA) 25 $5,475,000 $219,000 $5,493 3.18%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 22 $4,880,000 $221,818 $5,350 3.34%
Nacogdoches, TX (FHA|USDA|VA) 18 $3,870,000 $215,000 $4,884 3.21%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 14 $3,380,000 $241,429 $7,322 3.02%
BURLINGTON, NC (FHA|USDA|VA) 13 $3,305,000 $254,231 $3,320 3.10%
Jennings, LA (FHA|USDA|VA) 17 $3,065,000 $180,294 $4,918 3.04%
Wauchula, FL (FHA|USDA|VA) 17 $2,585,000 $152,059 $6,900 2.98%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 13 $2,435,000 $187,308 $6,123 3.22%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 7 $2,285,000 $326,429 $5,578 3.13%
EL PASO, TX (FHA|USDA|VA) 9 $2,085,000 $231,667 $7,632 3.36%
Athens, TX (FHA|USDA|VA) 4 $2,060,000 $515,000 $9,178 3.09%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 8 $1,940,000 $242,500 $5,185 3.09%
Gainesville, TX (FHA|USDA|VA) 8 $1,890,000 $236,250 $4,536 2.94%
TYLER, TX (FHA|USDA|VA) 8 $1,760,000 $220,000 $4,912 3.30%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 8 $1,750,000 $218,750 $5,343 3.27%
Granbury, TX (FHA|USDA|VA) 7 $1,495,000 $213,571 $5,647 3.18%
LONGVIEW, TX (FHA|USDA|VA) 8 $1,480,000 $185,000 $5,516 3.11%
BATON ROUGE, LA (FHA|USDA|VA) 4 $1,390,000 $347,500 $5,101 3.06%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,310,000 $327,500 $3,347 3.22%
Shawnee, OK (FHA|USDA|VA) 5 $1,295,000 $259,000 $8,722 3.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $1,270,000 $211,667 $6,808 3.08%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,220,000 $305,000 $10,549 3.38%
LAFAYETTE, LA (FHA|USDA|VA) 7 $1,205,000 $172,143 $5,324 2.91%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 6 $1,180,000 $196,667 $3,083 2.75%
Bonham, TX (FHA|USDA|VA) 3 $1,175,000 $391,667 $3,918 3.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,130,000 $282,500 $5,799 3.09%
ABILENE, TX (FHA|USDA|VA) 5 $1,075,000 $215,000 $4,749 3.13%
Okeechobee, FL (FHA|USDA|VA) 5 $1,075,000 $215,000 $5,602 2.95%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,035,000 $345,000 $5,136 3.29%
Corsicana, TX (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $7,558 3.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $940,000 $235,000 $7,468 3.09%
Orangeburg, SC (FHA|USDA|VA) 9 $925,000 $102,778 $3,876 2.47%
CORPUS CHRISTI, TX (FHA|USDA|VA) 4 $840,000 $210,000 $4,106 3.47%
SANTA FE, NM (FHA|USDA|VA) 2 $830,000 $415,000 $3,702 3.38%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $800,000 $400,000 $6,805 3.25%
SUMTER, SC (FHA|USDA|VA) 5 $795,000 $159,000 $3,398 3.15%
HAMMOND, LA (FHA|USDA|VA) 4 $730,000 $182,500 $6,656 3.03%
TULSA, OK (FHA|USDA|VA) 2 $700,000 $350,000 $5,325 3.38%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $640,000 $320,000 $2,708 3.31%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $605,000 $605,000 $6,205 3.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $595,000 $198,333 $6,510 2.96%
Taos, NM (FHA|USDA|VA) 2 $580,000 $290,000 $3,803 3.38%
Opelousas, LA (FHA|USDA|VA) 3 $555,000 $185,000 $6,170 3.21%
Jacksonville, TX (FHA|USDA|VA) 1 $545,000 $545,000 $9,376 3.50%
Boone, NC (FHA|USDA|VA) 2 $540,000 $270,000 $2,707 2.94%
Kerrville, TX (FHA|USDA|VA) 3 $525,000 $175,000 $4,877 3.42%
Marion, OH (FHA|USDA|VA) 3 $515,000 $171,667 $6,698 3.29%
Mineral Wells, TX (FHA|USDA|VA) 2 $490,000 $245,000 $4,983 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $465,000 $155,000 $4,277 3.88%
Fort Polk South, LA (FHA|USDA|VA) 3 $465,000 $155,000 $7,332 2.83%
GREENVILLE, NC (FHA|USDA|VA) 2 $460,000 $230,000 $2,701 3.19%
WACO, TX (FHA|USDA|VA) 3 $455,000 $151,667 $3,771 3.17%
LUBBOCK, TX (FHA|USDA|VA) 3 $415,000 $138,333 $3,507 2.96%
Georgetown, SC (FHA|USDA|VA) 2 $410,000 $205,000 $5,016 2.81%
Stephenville, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,154 3.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $355,000 $355,000 $4,304 2.75%
MIDLAND, TX (FHA|USDA|VA) 1 $355,000 $355,000 $5,641 2.88%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $335,000 $335,000 $3,707 3.50%
Bellefontaine, OH (FHA|USDA|VA) 2 $330,000 $165,000 $2,603 3.19%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $325,000 $325,000 $9,904 3.13%
GOLDSBORO, NC (FHA|USDA|VA) 2 $310,000 $155,000 $863 3.94%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $305,000 $305,000 $5,260 3.25%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $285,000 $285,000 $5,017 3.38%
EspaƱola, NM (FHA|USDA|VA) 1 $285,000 $285,000 $11,222 3.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $275,000 $275,000 $3,612 3.63%
FLORENCE, SC (FHA|USDA|VA) 1 $265,000 $265,000 $6,423 3.75%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $5,022 2.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,120 2.63%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $260,000 $130,000 $2,351 3.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $255,000 $85,000 $2,914 1.92%
Morehead City, NC (FHA|USDA|VA) 1 $245,000 $245,000 $2,730 3.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $235,000 $235,000 $7,436 3.00%
Palatka, FL (FHA|USDA|VA) 1 $235,000 $235,000 $7,469 2.50%
Searcy, AR (FHA|USDA|VA) 1 $235,000 $235,000 $2,960 3.00%
NEW BERN, NC (FHA|USDA|VA) 1 $225,000 $225,000 $1,626 3.38%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,631 3.38%
Brevard, NC (FHA|USDA|VA) 1 $205,000 $205,000 $1,258 2.75%
Washington Court House, OH (FHA|USDA|VA) 1 $205,000 $205,000 $0 2.63%
Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $185,000 $185,000 $5,656 3.75%
Forest City, NC (FHA|USDA|VA) 1 $185,000 $185,000 $1,337 2.75%
Kinston, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,799 3.25%
Greenwood, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.00%
Palestine, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,783 2.63%
Sanford, NC (FHA|USDA|VA) 1 $165,000 $165,000 $52 3.25%
AMARILLO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,211 3.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,797 4.00%
LIMA, OH (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.50%
LAREDO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $6,235 3.50%
MONROE, LA (FHA|USDA|VA) 1 $145,000 $145,000 $5,378 3.13%
Urbana, OH (FHA|USDA|VA) 1 $145,000 $145,000 $5,842 3.13%
Sandusky, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,594 3.00%
Jasper, IN (FHA|USDA|VA) 1 $135,000 $135,000 $2,933 2.75%
St. Marys, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,281 3.25%
Rockport, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,777 2.38%
Henderson, NC (FHA|USDA|VA) 1 $135,000 $135,000 $5,066 2.75%
Pampa, TX (FHA|USDA|VA) 1 $135,000 $135,000 $6,559 3.38%
Zanesville, OH (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.50%

Ntfn 's top markets include Dallas, Charleston, Austin, Lake Charles, and San Antonio among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,793 $744,365,000 $266,511 $4,554 3.07%
FHA 655 $141,135,000 $215,473 $7,822 3.20%
VA 377 $123,825,000 $328,448 $7,868 2.82%
USDA 122 $23,770,000 $194,836 $5,651 2.90%

For the 2021 period, Ntfn 's most frequently originated loan type of loans were Conventional, with 2,793 originations. Their 2nd most popular type is FHA, with 655 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,718 $720,760,000 $265,180 $6,041 3.07%
Refi 763 $192,235,000 $251,946 $3,753 2.94%
Cash Out Refi 431 $110,215,000 $255,719 $4,876 3.24%
Home Improvement 35 $9,885,000 $282,429 $4,607 3.26%

For the 2021, Ntfn 's most frequently cited loan purpose of loans were Home Purchase, with 2,718 originations. The 2nd most popular reason of loans were Refi, with 763 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,466 $937,980,000 $270,623 $5,617 3.18%
15 Year 237 $57,005,000 $240,527 $4,064 2.65%
20 Year 115 $22,425,000 $195,000 $3,718 2.40%
10 Year 82 $3,340,000 $40,732 $2,485 0.41%
Other 47 $12,345,000 $262,660 $2,894 2.99%

For the 2021, Ntfn 's most frequently cited loan length of loans were 30 Year, with 3,466 originations. The 2nd most popular length of loans were 15 Year, with 237 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,835 $488,475,000 $266,199
$<1k 1,004 $251,100,000 $250,100
$2k-3k 420 $112,890,000 $268,786
$3k-4k 381 $104,575,000 $274,475
$5k+ 87 $34,065,000 $391,552

$5,617 of loans were Ntfn 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,835 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,965 $517,935,000 $263,580
2.5-3% 1,429 $400,075,000 $279,969
<2.5% 403 $84,655,000 $210,062
4-5% 150 $30,430,000 $202,867

During 2021, Ntfn 's average interest rate of loans were 3.18%, while their most frequently originated rate bucket of loans were 3-4%, with 1,965 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,071 $580,945,000 $280,514 $5,667 3.12%
$100k-200k 1,189 $189,435,000 $159,323 $4,295 3.18%
$400k-600k 423 $202,905,000 $479,681 $6,421 3.01%
$100,000 or less 207 $10,115,000 $48,865 $3,069 1.86%
$600k-1MM 43 $31,995,000 $744,070 $10,016 3.23%
$1MM+ 14 $17,700,000 $1,264,286 $13,014 3.10%

2021 saw Ntfn place emphasis on $200k-400k loans with 2,071 originations, totaling $580,945,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,065 $227,015,000 $213,160 $5,357 3.06%
$100k-150k 806 $239,550,000 $297,208 $5,327 3.11%
$75k-100k 679 $172,405,000 $253,910 $5,780 3.12%
$50k or less 632 $100,630,000 $159,225 $4,503 2.89%
$150k-250k 542 $193,080,000 $356,236 $5,853 3.14%
$250k+ 196 $93,690,000 $478,010 $6,269 3.12%

Ntfn lent most frequently to those with incomes in the $50k-75k range, with 1,065 originations. The second most popular income band? $100k-150k, with 806 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 786 $211,230,000 $268,740 $5,038 3.00%
30-36% 718 $189,050,000 $263,301 $5,329 3.03%
<20% 226 $60,080,000 $265,841 $4,307 2.96%
40% 186 $46,240,000 $248,602 $5,114 3.00%
41% 182 $46,000,000 $252,747 $5,224 3.07%
44% 182 $44,620,000 $245,165 $5,690 3.18%
38% 176 $44,970,000 $255,511 $5,148 3.11%
43% 161 $41,305,000 $256,553 $5,326 3.23%
39% 158 $39,050,000 $247,152 $5,412 2.96%
37% 158 $46,550,000 $294,620 $5,742 3.14%
36% 149 $38,165,000 $256,141 $5,601 3.10%
42% 146 $38,340,000 $262,603 $5,877 3.18%
50-60% 140 $37,770,000 $269,786 $8,418 2.85%
45% 113 $28,625,000 $253,319 $6,110 3.32%
47% 113 $26,915,000 $238,186 $5,750 3.24%
48% 106 $27,730,000 $261,604 $5,567 3.18%
46% 100 $26,640,000 $266,400 $6,033 3.14%
49% 93 $25,495,000 $274,140 $5,443 3.20%
>60% 7 $2,035,000 $290,714 $10,232 3.13%

Ntfn lent most frequently to those with DTI ratios of 20-30%, with 786 originations. The next most common DTI ratio? 30-36%, with 718 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,005 $794,625,000 $264,434 $5,273 3.06%
Not provided 430 $115,290,000 $268,116 $5,799 3.09%
Black 361 $80,335,000 $222,535 $6,009 3.04%
Asian 112 $33,440,000 $298,571 $5,874 3.21%
American Indian 34 $7,600,000 $223,529 $5,286 3.00%
Asian Indian 3 $1,095,000 $365,000 $5,593 2.75%
Filipino 1 $365,000 $365,000 $12,335 2.88%
Native Hawaiian 1 $345,000 $345,000 $2,237 2.25%

Approval Rates

Total approvals of all applications
96.01%

Ntfn 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
71.72%

Ntfn has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,947 $1,033,095,000 $261,742

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,947 $1,033,095,000 $261,742

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 104 $19,070,000 $183,365 $3,989 2.89%
40-60% 348 $83,980,000 $241,322 $4,052 2.96%
60-80% 1,129 $313,305,000 $277,507 $4,581 3.18%
80-100% 2,152 $576,280,000 $267,788 $5,744 3.17%
Over 100% 120 $39,430,000 $328,583 $12,255 2.81%
Under 20% 94 $1,030,000 $10,957 $718 0.09%