Mortgage Lender Statistics

Is Affordable Mortgage Advisors LLC DBA – Holland Mortgage An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Affordable Mortgage Advisors LLC DBA – Holland Mortgage with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (-0.04%)Loan Related Closing Costs: similar to average (+$23)Assessment: this lender tends to be a average cost lender. This scoreboard is based on …

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Is Old Second National Bank An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Old Second National Bank with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (-0.04%)Loan Related Closing Costs: similar to average (-$248)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In …

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Is Park Square Home Mortgage LLC An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Park Square Home Mortgage LLC with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (+0.03%)Loan Related Closing Costs: similar to average (-$142)Assessment: this lender tends to be a average cost lender. This scoreboard is based on data reported to …

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Is Saratoga National Bank An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Saratoga National Bank with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (+0.02%)Loan Related Closing Costs: lower than average (-$427)Assessment: this lender tends to be a average cost lender. This scoreboard is based on data reported to FFIEC. In …

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Is Coloramo Federal Credit Union An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Coloramo Federal Credit Union with other lenders for mortgages with similar borrower characteristics: Interest Rate: lower than average (-0.31%)Loan Related Closing Costs: lower than average (-$810)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In …

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Is First Centennial Mortgage Corp. An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at First Centennial Mortgage Corp. with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (+0.01%)Loan Related Closing Costs: similar to average (-$30)Assessment: this lender tends to be a average cost lender. This scoreboard is based on data reported to FFIEC. …

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Footnotes   [ + ]

1. The comparable mortgages control for Affordable Mortgage Advisors LLC DBA – Holland Mortgage’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. 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 CharterBank’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 Orrstown 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.
7. The comparable mortgages control for Old Second National 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.
9. The comparable mortgages control for Pa State Employees 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.
11. The comparable mortgages control for Park Square Home Mortgage LLC’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 Saratoga National 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.
15. The comparable mortgages control for Coloramo 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 First Centennial Mortgage Corp.’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.