Mortgage Lender Statistics

Is Desert Financial Federal CU An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Desert Financial Federal CU with other lenders for mortgages with similar borrower characteristics: Interest Rate: lower than average (-0.16%)Loan Related Closing Costs: similar to average (+$72)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In …

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Is McLean Mortgage Corporation An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at McLean Mortgage Corporation with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (-0.02%)Loan Related Closing Costs: similar to average (-$168)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In the …

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Is Logan Bank and Trust Company An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Logan Bank and Trust Company with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (+0.02%)Loan Related Closing Costs: lower than average (-$310)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. …

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Is Pyramid Federal Credit Union An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Pyramid Federal Credit Union with other lenders for mortgages with similar borrower characteristics: Interest Rate: lower than average (-0.10%)Loan Related Closing Costs: lower than average (-$1495)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In …

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Is Thomaston Savings Bank An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Thomaston Savings Bank with other lenders for mortgages with similar borrower characteristics: Interest Rate: higher than average (+0.10%)Loan Related Closing Costs: lower than average (-$545)Assessment: this lender tends to be a average cost lender. This scoreboard is based on data reported to FFIEC. In …

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Footnotes   [ + ]

1. The comparable mortgages control for Bank 2’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
2, 4, 6, 8, 10, 12, 14, 16, 18, 20. Cost adjusted rates were computed based on each percent of the loan amount in loan related closing costs being worth 1/6 of a percentage point in interest rate.
3. The comparable mortgages control for Bank 34’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
5. The comparable mortgages control for Desert Financial Federal CU’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
7. The comparable mortgages control for Holyoke Credit Union’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
9. The comparable mortgages control for Travis Credit Union’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
11. The comparable mortgages control for McLean Mortgage Corporation’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
13. The comparable mortgages control for Logan Bank and Trust Company’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
15. The comparable mortgages control for Pyramid Federal Credit Union’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
17. The comparable mortgages control for Columbia State Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.
19. The comparable mortgages control for Thomaston Savings Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages.