# DIAMOND RESIDENTIAL MORTGAGE CORPORATION

> **Canonical URL:** https://saferate.com/lenders/diamond-residential-mortgage


> **📋 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


DIAMOND RESIDENTIAL MORTGAGE CORPORATION is a independent mortgage company, headquartered in LAKE FOREST, IL, serving borrowers across 18 states, with 1,127 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 80% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 20% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300WS8BW0I0BDA390
- **Headquarters:** LAKE FOREST, IL
- **Geographic Reach:** Multi-Region
- **States Served:** 18
- **State List:** CA, CO, FL, GA, IL, IN, KY, MI, MN, MO, NV, OH, OR, SC, TN, TX, WA, WI
- **Markets (MSAs):** 17
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 20/100
- Rating: ●○○○○ (1/5)

### Pull Through: Strong 😀
- Score: 80/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.691%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,009
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,127
- **Dollar Volume:** $289 million
- **Applications Received:** 1,444
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $256,411
- **Average Borrower Income:** $116,313
- **Average Property Value:** $311,238

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 70/100 | 666 | +0.555% | $2,748 | Strong 😀 |
| FHA | 77/100 | 362 | +1.063% | $3,715 | Strong 😀 |
| VA | 70/100 | 57 | +0.428% | $3,205 | Strong 😀 |
| USDA | 78/100 | 33 | +0.758% | $1,850 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 593 loans, Score: 70/100 (Strong)
- Refinance: 73 loans, Score: 60/100 (Sound)

**FHA:**
- Purchase: 326 loans, Score: 78/100 (Strong)
- Refinance: 36 loans, Score: 72/100 (Strong)

**VA:**
- Purchase: 54 loans, Score: 70/100 (Strong)

**USDA:**
- Purchase: 33 loans, Score: 78/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 73/100 | 1,010 | $252M | +0.712% | Strong 😀 |
| Refinance | 62/100 | 117 | $37M | +0.533% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 501 | 0.55% | 80/100 |
| IL | 248 | 0.20% | 72/100 |
| WI | 125 | 0.19% | 66/100 |
| GA | 80 | 0.06% | 59/100 |
| MI | 52 | 0.05% | 54/100 |
| TX | 24 | 0.01% | 41/100 |
| CO | 22 | 0.03% | 45/100 |
| OH | 22 | 0.02% | 44/100 |
| FL | 20 | 0.01% | 39/100 |
| WA | 17 | 0.02% | 43/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lake County | IN | 325 | 100/100 |
| Non |  | 174 | 59/100 |
| Lake County, IL | IL | 92 | 81/100 |
| Fort Wayne, IN | IN | 83 | 68/100 |
| Atlanta | GA | 65 | 60/100 |
| Chicago | IL | 58 | 57/100 |
| Milwaukee | WI | 32 | 54/100 |
| Racine | WI | 30 | 60/100 |
| Michigan City | IN | 26 | 66/100 |
| Springfield, IL | IL | 25 | 55/100 |
| Warren | MI | 21 | 48/100 |
| Cincinnati, OH |  | 20 | 48/100 |
| Abilene, TX | TX | 17 | 49/100 |
| Kenosha, WI | WI | 17 | 52/100 |
| Portland | OR-WA | 17 | 45/100 |

## Where This Lender Ranks

DIAMOND RESIDENTIAL MORTGAGE CORPORATION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in Springfield, IL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/springfield-il/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#8** in Springfield, IL Mortgage Companies
  - [View Full Rankings](https://saferate.com/springfield-il/best-mortgage-lenders/mortgage-companies)
- 🏆 **#8** in Springfield, IL for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/springfield-il/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#9** in Michigan City for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#11** in Fort Wayne, IN for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#11** in Racine for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/racine/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#11** in Springfield, IL for FHA Loans
  - [View Full Rankings](https://saferate.com/springfield-il/best-mortgage-lenders/fha-loans)
- 🏆 **#12** in Michigan City Mortgage Companies
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders/mortgage-companies)
- 🏆 **#13** in Lake County for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#14** in Lake County, IL for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#14** in Kenosha, WI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/kenosha-wi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#15** in Lake County for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#15** in Racine Mortgage Companies
  - [View Full Rankings](https://saferate.com/racine/best-mortgage-lenders/mortgage-companies)
- 🏆 **#15** in Abilene, TX for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/abilene-tx/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#16** in Racine for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/racine/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#16** in Michigan City for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#17** in Lake County, IL for VA Loans
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/va-loans)
- 🏆 **#17** in Fort Wayne, IN for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#17** in Michigan City
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders)
- 🏆 **#17** in Michigan City for Conventional Loans
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does DIAMOND RESIDENTIAL MORTGAGE CORPORATION offer?

DIAMOND RESIDENTIAL MORTGAGE CORPORATION offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does DIAMOND RESIDENTIAL MORTGAGE CORPORATION offer mortgages?

DIAMOND RESIDENTIAL MORTGAGE CORPORATION offers mortgages in 18 states: CA, CO, FL, GA, IL, IN, KY, MI, MN, MO, NV, OH, OR, SC, TN, TX, WA, WI.

### How competitive are DIAMOND RESIDENTIAL MORTGAGE CORPORATION's mortgage rates?

DIAMOND RESIDENTIAL MORTGAGE CORPORATION has a pricing score of 20/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.691% above market average.

### What type of lender is DIAMOND RESIDENTIAL MORTGAGE CORPORATION?

DIAMOND RESIDENTIAL MORTGAGE CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in LAKE FOREST, IL.

### What is DIAMOND RESIDENTIAL MORTGAGE CORPORATION's loan approval success rate?

DIAMOND RESIDENTIAL MORTGAGE CORPORATION has a pull-through score of 80/100 (Exceptional). 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/diamond-residential-mortgage

### How to Cite

> "DIAMOND RESIDENTIAL MORTGAGE CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/diamond-residential-mortgage

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