# Contract Exchange Corporation

> **Canonical URL:** https://saferate.com/lenders/contract-exchange


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Contract Exchange Corporation is a independent mortgage company, headquartered in Cedar Rapids, IA, with 37 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 65% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 254900WRTMJD6GMNS670
- **Headquarters:** Cedar Rapids, IA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** IA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Acceptable 🙂
- Score: 35/100
- Rating: ●●○○○ (2/5)


### Lending Volume
- **Total Loans:** 37
- **Dollar Volume:** $6 million
- **Applications Received:** 54
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $165,811
- **Average Borrower Income:** $90,568
- **Average Property Value:** $210,676

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 25/100 | 37 | +1.901% | $1,100 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 34 loans, Score: 27/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 28/100 | 34 | $6M | +1.901% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 37 | 0.10% | 61/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Des Moines | IA | 30 | 63/100 |

## Frequently Asked Questions

### What loan types does Contract Exchange Corporation offer?

Contract Exchange Corporation offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Contract Exchange Corporation offer mortgages?

Contract Exchange Corporation offers mortgages in 1 states: IA.

### What type of lender is Contract Exchange Corporation?

Contract Exchange Corporation is a non-depository lender that specializes in mortgage origination, headquartered in Cedar Rapids, IA.

### What is Contract Exchange Corporation's loan approval success rate?

Contract Exchange Corporation has a pull-through score of 35/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/contract-exchange

### How to Cite

> "Contract Exchange Corporation Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/contract-exchange

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