Jumbo share far above peers
Jumbo loans (larger than the conforming limit) were 20.3% of its originations, against 1.0% at similar lenders (credit unions making between half and twice as many loans), higher than nearly all of them; the share was 3.9% five years before and 14.0% in 2024. Its typical loan, $145,000, compared with $105,000. With refinance at 35.7%, home improvement at 30.2% and other purposes at 18.2%, the mix may reflect two kinds of lending: smaller home-improvement and other loans beside large mortgages.