Lennar Mortgage
Lennar Mortgage's 54.8k closed loans and 73k applications, benchmarked against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Exceptional
5/5
Near-National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Champion
FHA
Champion
VA
Champion
USDA
Champion
Purchase
Champion
Summary
What They Do Well
- Offers rates 68.90 basis points below market average
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
Lennar Mortgage performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 68.9 bps below market avg
5/5
Pull Through
Closing strength
Exceptional
Top 20% of lenders
5/5
By Loan Product· Specialization by type
Conventional
32,877 loans · 0.57% below market
Exceptional
Top 10% of lenders
5/5
FHA
16,064 loans · 0.89% below market
Exceptional
Top 5% of lenders
5/5
VA
5,470 loans · 1.45% below market
Exceptional
Top 10% of lenders
5/5
Jumbo
131 loans · 0.08% above market
Exceptional
Top 20% of lenders
5/5
USDA
243 loans · 1.18% below market
Exceptional
Top 10% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
54,769 loans · 0.69% below market
Exceptional
Top 5% of lenders
5/5
Refinance
16 loans · 0.15% above market
Acceptable
Bottom 40% of lenders
2/5
By Location· Geographic coverage
Geographic Reach
Near-National · 50 markets
Exceptional
Top 20% of lenders
5/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 32,877 | 60.0% | -0.574%Below | $2,701Fees | ||||
FHA Loans | 16,064 | 29.3% | -0.886%Below | $3,090Fees | ||||
VA Loans | 5,470 | 10.0% | -1.448%Below | $457Fees | ||||
Jumbo Loans | 131 | 0.2% | +0.080%Above | $2,429Fees | ||||
USDA Loans | 243 | 0.4% | -1.184%Below | $3,235Fees |
Conventional
OverallExceptional
ProductExceptional
PricingStrong
Pull ThroughExceptional
Volume32,877
Mix60.0%
Spread
-0.574%Below
Fees
$2,701Fees
FHA Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume16,064
Mix29.3%
Spread
-0.886%Below
Fees
$3,090Fees
VA Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughExceptional
Volume5,470
Mix10.0%
Spread
-1.448%Below
Fees
$457Fees
Jumbo Loans
OverallSound
ProductExceptional
PricingAcceptable
Pull ThroughSound
Volume131
Mix0.2%
Spread
+0.080%Above
Fees
$2,429Fees
USDA Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume243
Mix0.4%
Spread
-1.184%Below
Fees
$3,235Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 54,769 | 100.0% | -0.690%Below | $2,748Fees | ||||
Refinance | — | 16 | 0.0% | +0.147%Above | $2,369Fees |
Purchase
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume54,769
Mix100.0%
Spread
-0.690%Below
Fees
$2,748Fees
Refinance
OverallMediocre
ProductAcceptable
Pricing—
Pull ThroughMediocre
Volume16
Mix0.0%
Spread
+0.147%Above
Fees
$2,369Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
54,785
Applications
73,461
Volume
$19 billion
Pricing & Closing
Avg Rate Spread
-0.689%
vs. market APOR
Avg Net Fees
$2,748
Origination − Credits
Pullthrough Rate
74.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$364,349
Avg Borrower Income
$146,615
Avg Property Value
$438,869
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
26
of 50 states + DC
Avg Place Specialization
Exceptional
5/5
States with Loan Originations
26Full-year 2024 · HMDALoans originated
< 500500–1,0001,000–2,0002,000+None
Northeast2
NJPA
Midwest4
ILINMNWI
South12
ALDEFLGAMDNCOKSCTNTXVAWV
West8
AZCACOIDNVORUTWA
Top Metro Areas by Place Specialization Score
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 26 states
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 Lennar Mortgage?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
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.