Mortgage Daily Logo
mortgage news from industry experts

2012 Loan Originator Survey – Originations – Production

2012 Loan Originator Survey

Survey and Analysis of the Nation’s Mortgage Loan Originators

 

Sponsored By www.streetlinks.com

Originations

Average loan production for participants in the 2012 Loan Originator Survey was mostly unchanged between 2010 and 2011. But thanks to a robust refinance market, 2012’s business is on pace to jump 40 percent. A small share of surveyed loan officers originate commercial real estate loans.

Annual Mortgage Production
The average originator closed $30.96 billion in residential loans during 2011, according to the participants who completed this section of the survey.

That was a little better than the average $30.46 million closed per originator in 2010.

The industry as a whole, however, saw business drop 10 percent between 2010 and 2011 — indicating that this bunch is generally outperforming their competition.

2012 Outlook
This year is looking even better for the surveyed originators.

The group funded an average of $21.65 million in the first six months of 2012. On an annualized basis, that works about to around $43.30 million per average originator this year.

The potential 40 percent gain from 2011 to 2012 would be stronger than the 25 percent year-over-year increase expected for the industry as a whole.

Aggregate Production for Surveyed Group
As a group, total production for those who provided funding data was $4.365 billion for 2011, up slightly from the $4.295 billion in 2010.

Using the annualized numbers, the surveyed loan originators are on track to close $6.1 billion in 2012.

CRE Production
Commercial mortgages were originated by only 14 percent of the respondents.

Of those who do originate commercial mortgages, average CRE loan production was $11.3 million in 2011.


 

 


This report was co-sponsored by www.streetlinks.com
Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first mortgage...

Newsletter

Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

THE TRUSTED PROVIDER OF ACCURATE RATES AND FINANCIAL INFORMATION