Is Total Media Management Llc Dba New South Mortgage An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Total Media Management Llc Dba New South Mortgage with other lenders for mortgages with similar borrower characteristics:

Interest Rate: similar to average (+0.01%)
Loan Related Closing Costs: similar to average (+$77)
Assessment: this lender tends to be a average cost lender.

This scoreboard is based on data reported to FFIEC. In the data, Total Media Management Llc Dba New South Mortgage originated 191 mortgages, a national market share of 0.0%. It was most active in AL (0.1% market share), TN (0.0% market share), and GA (0.0% market share).

On average, Total Media Management Llc Dba New South Mortgage’s interest rates were similar to those of comparable mortgages at other lenders (+0.01%).1The comparable mortgages control for Total Media Management Llc Dba New South 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. Its average total loan related closing cost was $3571, which was similar to those of comparable mortgages at $3494, with a difference of +$77. Overall, we estimate that Total Media Management Llc Dba New South Mortgage tends to be an average cost lender, with a cost-adjusted-rate difference of +0.03% compared to comparable mortgages at other lenders.2Cost 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. Nevertheless, we recommend comparing your rate and fees with at least a few other lenders before signing with Total Media Management Llc Dba New South Mortgage.

Total Media Management Llc Dba New South Mortgage specialized in mortgage refinancing, and originated Conforming refinances. We breakdown its interest rate and total loan related closing cost on by each of the mortgage types it originated below:

Mortgage Refinancing from Total Media Management Llc Dba New South Mortgage compared to other lenders

Conforming
Interest Rate Difference +0.01%
Loan Related Closing Cost Difference +$77
Cost Adjusted Rate Difference +0.03%

Based on the table above, Total Media Management Llc Dba New South Mortgage is similar to other lenders for Conforming mortgage refinance.

Other information about Total Media Management Llc Dba New South Mortgage:

Regulator: United States Department of Housing and Urban Development (HUD) 
Registered city and state: Huntsville, AL, 35801

Footnotes   [ + ]

1. The comparable mortgages control for Total Media Management Llc Dba New South 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. 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.

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