Mortgage Lender Statistics

Is Newrez Community Lending Llc An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Newrez Community Lending Llc with other lenders for mortgages with similar borrower characteristics: Interest Rate: higher than average (+0.10%)Loan Related Closing Costs: higher than average (+$856)Assessment: this lender tends to be a expensive lender. This scoreboard is based on data reported to FFIEC. In …

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Is Schools Financial Credit Union An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Schools Financial Credit Union with other lenders for mortgages with similar borrower characteristics: Interest Rate: lower than average (-0.22%)Loan Related Closing Costs: lower than average (-$502)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In …

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Is FirstTrust Home Loans, Inc. (Formerly First Arkansas Financial, Inc.) An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at FirstTrust Home Loans, Inc. (Formerly First Arkansas Financial, Inc.) with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (+0.04%)Loan Related Closing Costs: similar to average (+$212)Assessment: this lender tends to be a expensive lender. This scoreboard is based on …

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Is Unifirst Mortgage Corporation An Expensive Mortgage Lender?

We compare mortgage interest rate and loan related closing costs at Unifirst Mortgage Corporation with other lenders for mortgages with similar borrower characteristics: Interest Rate: similar to average (-0.01%)Loan Related Closing Costs: lower than average (-$1433)Assessment: this lender tends to be a cheap lender. This scoreboard is based on data reported to FFIEC. In the …

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Footnotes

Footnotes
1The comparable mortgages control for Unifirst 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.
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.