What loan types does LRS Financial Network offer?

LRS Financial Network offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing score and performance metrics.

Where does LRS Financial Network offer mortgages?

LRS Financial Network offers mortgages in 2 states: NM, TX.

How competitive are LRS Financial Network's mortgage rates?

LRS Financial Network has an overall pricing score of 46.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is LRS Financial Network?

LRS Financial Network is a Independent Mortgage Company headquartered in MIDLAND, TX.

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LRS Financial Network

Independent Mortgage Company•Midland, TXHQ•Direct•Reviews near you on Google

LRS Financial Network has 237 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

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional

Place

Strong

4/5

Regional · 2 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Conventional

Superstar

FHA

Superstar

Purchase

Superstar

Summary

What They Do Well

Strong pull through performance
Particularly strong in Conventional and FHA loans

Explore another lender or local market

Report Card

LRS Financial Network performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+30.9 bps above market avg

3/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

183 loans · 0.33% above market

Strong

Top 40% of lenders

4/5

FHA

44 loans · 0.27% above market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

227 loans · 0.32% above market

Strong

Top 40% of lenders

4/5

Refinance

10 loans · 0.14% above market

Mediocre

Bottom 20% of lenders

1/5

By Location· Geographic coverage

Geographic Reach

Regional · 3 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Strong	Sound	Strong	183	77.2%	+0.326%Above	$2,323Fees
FHA Loans	Strong	Strong	Strong	Exceptional	44	18.6%	+0.268%Above	$1,741Fees

Conventional

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume183

Mix77.2%

Spread

+0.326%Above

Fees

$2,323Fees

FHA Loans

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Exceptional

Volume44

Mix18.6%

Spread

+0.268%Above

Fees

$1,741Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Strong	Sound	Strong	227	95.8%	+0.317%Above	$2,198Fees
Refinance	Mediocre	Mediocre	—	—	10	4.2%	+0.138%Above	$2,386Fees

Purchase

Overall

Strong

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume227

Mix95.8%

Spread

+0.317%Above

Fees

$2,198Fees

Refinance

Overall

Mediocre

Product

Mediocre

Pricing—

Pull Through—

Volume10

Mix4.2%

Spread

+0.138%Above

Fees

$2,386Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

237

Applications

294

Volume

$92 million

Pricing & Closing

Avg Rate Spread

+0.309%

vs. market APOR

Avg Net Fees

$2,206

Origination − Credits

Pullthrough Rate

80.6%

Applications → Closed

Typical Borrower

Avg Loan Amount

$389,557

Avg Borrower Income

$233,958

Avg Property Value

$539,304

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

2Full-year 2024 · HMDA

Loans originated

< 200200+None

South1

West1

Top Metro Areas by Place Specialization Score

Midland, TXMetro

Volume 157Mix 66.24% of portfolio

97/100

Exceptional

Odessa, TXMetro

Volume 10Mix 4.22% of portfolio

54/100

Sound

Top States by Place Specialization Score

TexasState

Volume 234Mix 98.73% of portfolio

72/100

Strong

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.