We compare mortgage interest rate and loan related closing costs at Eagle Home Mortgage, LLC with other lenders for mortgages with similar borrower characteristics:
Interest Rate: similar to average (+0.02%)
Loan Related Closing Costs: similar to average (+$23)
Assessment: this lender tends to be a average cost lender.
This scoreboard is based on data reported to FFIEC. In the data, Eagle Home Mortgage, LLC originated 30867 mortgages, a national market share of 0.5%. It was most active in ID (2.2% market share), FL (1.7% market share), and WA (1.3% market share).
On average, Eagle Home Mortgage, LLC’s interest rates were similar to those of comparable mortgages at other lenders (+0.02%).1The comparable mortgages control for Eagle 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. Its average total loan related closing cost was $5766, which was similar to those of comparable mortgages at $5743, with a difference of +$23. Overall, we estimate that Eagle Home Mortgage, LLC tends to be an average cost lender, with a cost-adjusted-rate difference of +0.01% 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 Eagle Home Mortgage, LLC.
Eagle Home Mortgage, LLC originated Conforming, FHA, Jumbo, USDA and VA mortgages for new home purchases. It also originated Conforming, FHA and VA mortgages for refinances. We breakdown its interest rate and total loan related closing cost on by each of the mortgage types it originated below:
Home Purchase Mortgages from Eagle Home Mortgage, LLC compared to other lenders
| Conforming | FHA | Jumbo | USDA | VA | |
|---|---|---|---|---|---|
| Interest Rate Difference | +0.02% | -0.01% | +0.07% | +0.02% | +0.04% |
| Loan related Closing Cost Difference | +$250 | +$146 | +$444 | +$256 | -$1307 |
| Cost Adjusted Rate Difference | +0.03% | -0.01% | +0.08% | +0.04% | -0.05% |
Based on the table above, Eagle Home Mortgage, LLC is similar to other lenders for Conforming, FHA, USDA and VA purchase mortgages. It is more expensive than other lenders for Jumbo purchase mortgages.
Mortgage Refinancing from Eagle Home Mortgage, LLC compared to other lenders
| Conforming | FHA | VA | |
|---|---|---|---|
| Interest Rate Difference | +0.03% | +0.03% | +0.07% |
| Loan Related Closing Cost Difference | -$175 | -$429 | +$291 |
| Cost Adjusted Rate Difference | +0.02% | -0.01% | +0.08% |
Based on the table above, Eagle Home Mortgage, LLC is similar to other lenders for Conforming and FHA mortgage refinance. It is more expensive than other lenders for VA mortgage refinance.
Other information about Eagle Home Mortgage, LLC:
Regulator: United States Department of Housing and Urban Development (HUD)
Registered city and state: Miami, FL, 33172