Beehive Mortgage Rates, Fees & Info

Rexburg, ID

LEI: 549300ZUF2EI6H23YK94

Tax ID: 82-0277291

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

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  • 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

    Beehive is a smaller mortgage company specializing in Cash Out Refi and Refi loans. Beehive has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Rexburg, Idaho Falls, Boise City, Jackson, and Blackfoot among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Beehive has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Beehive 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
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.33% 12/16/24
    30 Year Conventional Refi 6.15% 12/16/24
    30 Year Cash-out Refi 6.66% 12/16/24
    30 Year USDA Purchase 8.32% 12/16/24
    15 Year Conventional Purchase 6.00% 12/16/24
    15 Year Conventional Refi 5.90% 12/16/24
    15 Year Cash-out Refi 5.90% 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.

    Beehive Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Beehive. 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

    893

    Origination Dollar Volume (All Markets)

    $183,325,000
    Show all (9) 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
    Rexburg, ID (FHA|USDA|VA) 436 $89,000,000 $204,128 $4,047 2.87%
    IDAHO FALLS, ID (FHA|USDA|VA) 327 $67,685,000 $206,988 $4,084 2.86%
    BOISE CITY, ID (FHA|USDA|VA) 26 $6,090,000 $234,231 $4,905 2.78%
    Jackson, WY-ID (FHA|USDA|VA) 18 $4,790,000 $266,111 $4,465 2.92%
    Blackfoot, ID (FHA|USDA|VA) 21 $4,145,000 $197,381 $3,592 2.98%
    Outside of Metro Areas 26 $2,110,000 $81,154 $1,925 4.28%
    POCATELLO, ID (FHA|USDA|VA) 7 $1,135,000 $162,143 $3,136 2.66%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,130,000 $282,500 $4,164 2.75%
    PROVO-OREM, UT (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,063 2.66%
    LOGAN, UT-ID (FHA|USDA|VA) 4 $950,000 $237,500 $3,940 2.78%
    ST. GEORGE, UT (FHA|USDA|VA) 4 $930,000 $232,500 $3,886 2.47%
    SALT LAKE CITY, UT (FHA|USDA|VA) 5 $885,000 $177,000 $3,337 2.68%
    Hailey, ID (FHA|USDA|VA) 1 $515,000 $515,000 $4,934 3.25%
    McPherson, KS (FHA|USDA|VA) 1 $495,000 $495,000 $5,062 2.88%
    BILLINGS, MT (FHA|USDA|VA) 1 $465,000 $465,000 $5,878 2.63%
    TWIN FALLS, ID (FHA|USDA|VA) 2 $440,000 $220,000 $4,166 2.44%
    Burley, ID (FHA|USDA|VA) 2 $410,000 $205,000 $4,878 3.25%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $4,015 2.75%
    Outside of Metro Areas 1 $305,000 $305,000 $4,114 3.25%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,545 2.88%
    Ontario, OR-ID (FHA|USDA|VA) 1 $135,000 $135,000 $3,837 2.50%
    Beehive's top markets include Rexburg, Idaho Falls, Boise City, Jackson, and Blackfoot among others.

    Their top states include:
  • Idaho (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)

    • Similar Lenders

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

    FIRST MORTGAGE COMPANY, INC.
    Similarity Rank: 280
    EAST IDAHO Credit Union
    Similarity Rank: 450
    PIONEER
    Similarity Rank: 553
    CONNECTIONS
    Similarity Rank: 585
    LENDERFI, INC.
    Similarity Rank: 1659
    IDAHO STATE UNIVERSITY
    Similarity Rank: 1738
    First Republic Bank
    Similarity Rank: 2142
    First Western Trust Bank
    Similarity Rank: 2190
    CAPITAL EDUCATORS FEDERAL CREDIT UNION
    Similarity Rank: 2328
    BEEHIVE
    Similarity Rank: 2667

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 870 $178,820,000 $205,540 $3,941 2.89%
    USDA 18 $4,050,000 $225,000 $7,613 3.29%
    HELOC 5 $455,000 $91,000 n/a 3.25%

    For 2020, Beehive's most frequently originated type of loan was Conventional, with 870 originations. Their 2nd most popular type was USDA, with 18 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 353 $77,775,000 $220,326 $4,113 2.85%
    Refi 344 $68,710,000 $199,738 $3,765 2.66%
    Home Purchase 192 $36,540,000 $190,313 $4,283 3.41%
    Other 4 $300,000 $75,000 $0 3.25%

    For 2020, Beehive's most frequently cited loan purpose was Cash Out Refi, with 353 originations. The 2nd most popular reason was Refi, with 344 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 462 $111,710,000 $241,797 $4,562 2.98%
    15 Year 337 $57,025,000 $169,214 $3,488 2.73%
    20 Year 54 $9,990,000 $185,000 $4,063 3.04%
    10 Year 20 $2,140,000 $107,000 $1,984 3.19%
    Other 10 $1,230,000 $123,000 $2,027 3.23%
    5 Year 7 $285,000 $40,714 $711 2.86%
    30+ year 3 $945,000 $315,000 $6,210 4.23%

    For 2020, Beehive's most frequently cited loan duration was 30 Year, with 462 originations. The 2nd most popular length was 15 Year, with 337 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 379 $64,075,000 $169,063
    $2k-3k 313 $84,245,000 $269,153
    $<1k 142 $17,060,000 $120,141
    $3k-4k 45 $14,725,000 $327,222
    $4k-5k 7 $1,905,000 $272,143
    $5k+ 2 $860,000 $430,000

    Beehive's average total fees were $4,562, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 379 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 345 $76,195,000 $220,855
    <2.5% 267 $52,655,000 $197,210
    3-4% 228 $49,980,000 $219,211
    4-5% 41 $3,565,000 $86,951
    5-6% 10 $790,000 $79,000
    6-7% 2 $140,000 $70,000

    During 2020, Beehive's average interest rate for loans was 2.98%, while their most frequently originated rate bucket for loans was 2.5-3%, with 345 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 405 $107,575,000 $265,617 $4,817 2.82%
    $100k-200k 342 $52,670,000 $154,006 $3,606 2.74%
    $100,000 or less 110 $6,830,000 $62,091 $1,637 3.67%
    $400k-600k 36 $16,250,000 $451,389 $5,975 2.92%

    2020 saw Beehive place emphasis on $200k-400k loans with 405 originations, totaling $107,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 242 $55,790,000 $230,537 $4,145 2.88%
    $75k-100k 200 $41,080,000 $205,400 $4,010 2.81%
    $50k-75k 191 $36,195,000 $189,503 $4,134 2.92%
    $50k or less 121 $16,665,000 $137,727 $3,292 3.09%
    $150k-250k 85 $20,955,000 $246,529 $4,470 2.90%
    $250k+ 28 $8,140,000 $290,714 $4,407 2.91%

    Beehive lent most frequently to those with incomes in the $100k-150k range, with 242 originations. The second most popular income band? $75k-100k, with 200 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 302 $61,690,000 $204,272 $4,015 2.86%
    <20% 199 $35,065,000 $176,206 $3,547 2.85%
    30-36% 166 $36,540,000 $220,120 $4,349 2.98%
    38% 25 $5,385,000 $215,400 $4,150 2.85%
    36% 24 $5,780,000 $240,833 $4,682 2.84%
    37% 21 $4,745,000 $225,952 $4,175 2.88%
    43% 21 $5,575,000 $265,476 $4,466 2.82%
    42% 20 $4,050,000 $202,500 $4,295 2.95%
    44% 19 $4,075,000 $214,474 $4,187 2.86%
    39% 17 $4,135,000 $243,235 $4,693 2.92%
    41% 16 $3,650,000 $228,125 $3,880 3.07%
    40% 14 $3,500,000 $250,000 $5,183 2.84%
    45% 14 $2,270,000 $162,143 $3,408 3.04%
    46% 8 $1,500,000 $187,500 $3,754 2.87%
    47% 8 $1,740,000 $217,500 $3,910 3.05%
    48% 8 $1,810,000 $226,250 $3,991 3.08%
    50-60% 5 $655,000 $131,000 $1,725 3.46%
    49% 3 $615,000 $205,000 $3,950 2.92%
    >60% 3 $545,000 $181,667 $1,557 3.95%

    Beehive lent most frequently to those with DTI ratios of 20-30%, with 302 originations. The next most common DTI ratio? <20%, with 199 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 841 $171,895,000 $204,394 $4,025 2.90%
    Not provided 42 $8,900,000 $211,905 $3,577 3.01%
    American Indian 5 $1,325,000 $265,000 $5,060 2.65%
    Asian 3 $745,000 $248,333 $5,053 2.79%
    Native Hawaiian or Islander 1 $295,000 $295,000 $5,033 2.75%
    Black 1 $165,000 $165,000 $4,492 2.75%

    Approval Rates

    Total approvals of all applications
    95.44%

    Beehive 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
    96.30%

    Beehive has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 893 $183,325,000 $205,291

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $590,000 $73,750
    Single Family (1-4 Units):Site-Built 885 $182,735,000 $206,480

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 103 $13,815,000 $134,126 $3,107 2.62%
    40-60% 253 $46,395,000 $183,379 $3,691 2.79%
    60-80% 377 $88,045,000 $233,541 $4,213 2.95%
    80-100% 144 $34,030,000 $236,319 $4,897 3.15%
    Over 100% 2 $430,000 $215,000 $7,796 3.06%
    Under 20% 14 $610,000 $43,571 $1,016 3.13%