Developer'S Mortgage Company
We analyzed every closed loan from Developer'S Mortgage Company — 560 loans across 843 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · USDA
Place
Sound
3/5
Multi-Region · 16 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Summary
What They Do Well
- Particularly strong in Conventional and FHA and USDA loans
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Developer'S Mortgage Company performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+43.3 bps above market avg
2/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
400 loans · 0.39% above market
Strong
Top 40% of lenders
4/5
FHA
107 loans · 0.67% above market
Strong
Top 40% of lenders
4/5
VA
28 loans · 0.14% above market
Sound
Top 60% of lenders
3/5
USDA
22 loans · 0.17% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
521 loans · 0.44% above market
Strong
Top 40% of lenders
4/5
Refinance
39 loans · 0.38% above market
Acceptable
Bottom 40% of lenders
2/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 17 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 | 400 | 71.4% | +0.394%Above | $2,972Fees | ||||
FHA Loans | 107 | 19.1% | +0.669%Above | $2,550Fees | ||||
VA Loans | — | 28 | 5.0% | +0.140%Above | $2,827Fees | |||
USDA Loans | — | 22 | 3.9% | +0.170%Above | $351Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume400
Mix71.4%
Spread
+0.394%Above
Fees
$2,972Fees
FHA Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume107
Mix19.1%
Spread
+0.669%Above
Fees
$2,550Fees
VA Loans
OverallSound
ProductSound
Pricing—
Pull ThroughAcceptable
Volume28
Mix5.0%
Spread
+0.140%Above
Fees
$2,827Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume22
Mix3.9%
Spread
+0.170%Above
Fees
$351Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 521 | 93.0% | +0.438%Above | $2,844Fees | ||||
Refinance | 39 | 7.0% | +0.377%Above | $3,124Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume521
Mix93.0%
Spread
+0.438%Above
Fees
$2,844Fees
Refinance
OverallAcceptable
ProductAcceptable
PricingAcceptable
Pull ThroughAcceptable
Volume39
Mix7.0%
Spread
+0.377%Above
Fees
$3,124Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
560
Applications
843
Volume
$184 million
Pricing & Closing
Avg Rate Spread
+0.433%
vs. market APOR
Avg Net Fees
$2,867
Origination − Credits
Pullthrough Rate
66.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$330,143
Avg Borrower Income
$180,361
Avg Property Value
$433,018
Geographic Coverage
Geographic Performance
Metro Areas
16
markets with activity
States Served
14
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
14Full-year 2024 · HMDALoans originated
< 2020–5050–100100+None
Northeast4
CTNJNYPA
Midwest3
ILINOH
South7
FLGANCOKSCTXWV
Top Metro Areas by Place Specialization Score
Showing 10 of 16 metro areas
Top States by Place Specialization Score
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.
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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.