What loan types does Credence Funding Corporation offer?

Credence Funding Corporation offers the following mortgage loan types: Conventional, VA. Each product has its own pricing score and performance metrics.

Where does Credence Funding Corporation offer mortgages?

Credence Funding Corporation offers mortgages in 10 states: AZ, FL, GA, IL, IN, MD, MI, PA, VA, WA.

How competitive are Credence Funding Corporation's mortgage rates?

Credence Funding Corporation has an overall pricing score of 49.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Credence Funding Corporation?

Credence Funding Corporation is a Independent Mortgage Company headquartered in Aberdeen, MD.

Unclaimed

Credence Funding Corporation

Independent Mortgage Company•Aberdeen, MDHQ•Direct•Reviews near you on Google

Credence Funding Corporation has 31 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional · VA

Place

Sound

3/5

Multi-Region · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Credence Funding Corporation performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

Rates 69.0 bps below market avg

3/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

19 loans · 0.09% below market

Mediocre

Bottom 20% of lenders

1/5

10 loans · 0.85% below market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

22 loans · 0.06% below market

Mediocre

Bottom 20% of lenders

1/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 1 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Mediocre	Mediocre	—	—	19	61.3%	-0.086%Below	$1,971Fees
VA Loans	Sound	Acceptable	Sound	—	10	32.3%	-0.846%Below	$4,026Fees

Conventional

Overall

Mediocre

Product

Mediocre

Pricing—

Pull Through—

Volume19

Mix61.3%

Spread

-0.086%Below

Fees

$1,971Fees

VA Loans

Overall

Sound

Product

Acceptable

Pricing

Sound

Pull Through—

Volume10

Mix32.3%

Spread

-0.846%Below

Fees

$4,026Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Mediocre	Exceptional	Sound	22	71.0%	-0.063%Below	$1,957Fees

Purchase

Overall

Sound

Product

Mediocre

Pricing

Exceptional

Pull Through

Sound

Volume22

Mix71.0%

Spread

-0.063%Below

Fees

$1,957Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

Volume

$11 million

Pricing & Closing

Avg Rate Spread

-0.690%

vs. market APOR

Avg Net Fees

$3,313

Origination − Credits

Pullthrough Rate

96.9%

Applications → Closed

Typical Borrower

Avg Loan Amount

$385,645

Avg Borrower Income

$131,323

Avg Property Value

$480,161

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

10Full-year 2024 · HMDA

Loans originated

All statesNone

Northeast1

Midwest3

ILINMI

South4

FLGAMDVA

West2

AZWA

Top Metro Areas by Place Specialization Score

Baltimore, MDMetro

Volume 16Mix 51.61% of portfolio

54/100

Sound

Top States by Place Specialization Score

MarylandState

Volume 20Mix 64.52% of portfolio

55/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Credence Funding Corporation?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.