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Meadowbrook Financial Mortgage Bankers

Independent Mortgage CompanyAlbany, NYHQDirectReviews near you on Google

We analyzed every closed loan from Meadowbrook Financial Mortgage Bankers 1.2k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · Jumbo
Place
Sound
3/5
Multi-Region · 13 mkts
Promptness
Not enough data
—/5
No quote responses measured yet

Safe Rate Summary

What They Do Well

  • Particularly strong in Conventional and FHA loans

Things to Think About

  • Rates typically 62 basis points above market average
  • Higher than average fees ($5,408)

Explore another lender or local market

Report Card

Meadowbrook Financial Mortgage Bankers performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+61.7 bps above market avg
1/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
937 loans · 0.59% above market
Strong
Top 40% of lenders
4/5
FHA
261 loans · 0.75% above market
Strong
Top 40% of lenders
4/5
VA
14 loans · 0.19% above market
Acceptable
Bottom 40% of lenders
2/5
Jumbo
21 loans · 0.56% above market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
1,017 loans · 0.60% above market
Strong
Top 40% of lenders
4/5
Refinance
216 loans · 0.69% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 14 markets
Sound
Top 60% of lenders
3/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Sound
Volume937
Mix76.0%
Spread
+0.592%Above
Fees
$5,235Fees
FHA Loans
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Strong
Volume261
Mix21.2%
Spread
+0.754%Above
Fees
$6,176Fees
VA Loans
Overall
Acceptable
Product
Acceptable
Pricing
Pull Through
Acceptable
Volume14
Mix1.1%
Spread
+0.192%Above
Fees
$7,378Fees
Jumbo Loans
Overall
Acceptable
Product
Sound
Pricing
Pull Through
Mediocre
Volume21
Mix1.7%
Spread
+0.565%Above
Fees
$4,959Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Sound
Volume1,017
Mix82.5%
Spread
+0.605%Above
Fees
$5,411Fees
Refinance
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Sound
Volume216
Mix17.5%
Spread
+0.691%Above
Fees
$5,391Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
1,233
Applications
2,044
Volume
$656 million
Pricing & Closing
Avg Rate Spread
+0.617%
vs. market APOR
Avg Net Fees
$5,408
Origination − Credits
Pullthrough Rate
60.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$532,315
Avg Borrower Income
$187,846
Avg Property Value
$689,461

Geographic Coverage

Geographic Performance

Metro Areas
13
markets with activity
States Served
19
of 50 states + DC
Avg Place Specialization
Sound
3/5

States with Loan Originations

19Full-year 2024 · HMDA
19 states with loan originations
Loans originated
< 5050–100100+None
Northeast6
CTMANJNYPARI
Midwest1
OH
South9
DEFLGAMDNCSCTNTXVA
West3
AZCAWA

Top Metro Areas by Place Specialization Score

1© Dicklyon · CC BY-SA 4.0
Nassau County, NYMetro
Volume 418Mix 33.90% of portfolio
87/100
Exceptional
2© Dllu · CC BY-SA 4.0
New York, NY-NJMetro
Volume 393Mix 31.87% of portfolio
82/100
Exceptional
Volume 63Mix 5.11% of portfolio
69/100
Strong
4© Ebyabe · CC BY-SA 3.0
Palm Bay, FLMetro
Volume 33Mix 2.68% of portfolio
58/100
Sound
Volume 28Mix 2.27% of portfolio
56/100
Sound
Volume 30Mix 2.43% of portfolio
54/100
Sound
Volume 23Mix 1.87% of portfolio
50/100
Sound
Volume 17Mix 1.38% of portfolio
48/100
Sound
Volume 19Mix 1.54% of portfolio
47/100
Sound
Volume 20Mix 1.62% of portfolio
45/100
Sound
Showing 10 of 13 metro areas

Top States by Place Specialization Score

New York
New York
1
New YorkState
Volume 828Mix 67.15% of portfolio
86/100
Exceptional
Connecticut
Connecticut
2
ConnecticutState
Volume 98Mix 7.95% of portfolio
65/100
Strong
New Jersey
New Jersey
3
New JerseyState
Volume 102Mix 8.27% of portfolio
64/100
Strong
Florida
Florida
4
FloridaState
Volume 114Mix 9.25% of portfolio
58/100
Sound
Pennsylvania
Pennsylvania
5
PennsylvaniaState
Volume 37Mix 3.00% of portfolio
50/100
Sound
Georgia
Georgia
6
GeorgiaState
Volume 23Mix 1.87% of portfolio
44/100
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
Champion(80%+ = 40-50 points)
Superstar
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.