Scenic Oaks Funding
We analyzed every closed loan from Scenic Oaks Funding — 846 loans across 1k 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
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · Jumbo
Place
Strong
4/5
Multi-Region · 10 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Scenic Oaks Funding performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+29.7 bps above market avg
2/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
645 loans · 0.29% above market
Strong
Top 40% of lenders
4/5
FHA
128 loans · 0.51% above market
Strong
Top 40% of lenders
4/5
VA
48 loans · 0.31% below market
Strong
Top 40% of lenders
4/5
Jumbo
25 loans · 0.53% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
810 loans · 0.30% above market
Strong
Top 40% of lenders
4/5
Refinance
36 loans · 0.19% above market
Acceptable
Bottom 40% of lenders
2/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 11 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 | 645 | 76.2% | +0.293%Above | $3,512Fees | ||||
FHA Loans | 128 | 15.1% | +0.512%Above | $4,916Fees | ||||
VA Loans | 48 | 5.7% | -0.308%Below | $4,522Fees | ||||
Jumbo Loans | — | 25 | 3.0% | +0.526%Above | $1,480Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume645
Mix76.2%
Spread
+0.293%Above
Fees
$3,512Fees
FHA Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume128
Mix15.1%
Spread
+0.512%Above
Fees
$4,916Fees
VA Loans
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume48
Mix5.7%
Spread
-0.308%Below
Fees
$4,522Fees
Jumbo Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughSound
Volume25
Mix3.0%
Spread
+0.526%Above
Fees
$1,480Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 810 | 95.7% | +0.302%Above | $3,719Fees | ||||
Refinance | 36 | 4.3% | +0.187%Above | $2,879Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume810
Mix95.7%
Spread
+0.302%Above
Fees
$3,719Fees
Refinance
OverallAcceptable
ProductAcceptable
PricingMediocre
Pull ThroughAcceptable
Volume36
Mix4.3%
Spread
+0.187%Above
Fees
$2,879Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
846
Applications
1,112
Volume
$409 million
Pricing & Closing
Avg Rate Spread
+0.297%
vs. market APOR
Avg Net Fees
$3,682
Origination − Credits
Pullthrough Rate
76.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$484,586
Avg Borrower Income
$179,974
Avg Property Value
$672,518
Geographic Coverage
Geographic Performance
Metro Areas
10
markets with activity
States Served
7
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
7Full-year 2024 · HMDALoans originated
< 100100+None
West7
AZCACOIDORUTWA
Top Metro Areas 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.