# EQUITY RESOURCES, INC.

> **Canonical URL:** https://saferate.com/lenders/equity-resources


> **📋 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


EQUITY RESOURCES, INC. is a independent mortgage company, headquartered in NEWARK, OH, serving borrowers across 18 states, with 2,245 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 53% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300G2LV8W3C1G3762
- **Headquarters:** NEWARK, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 18
- **State List:** CT, DC, DE, FL, GA, IN, KY, MA, MD, MI, NC, NH, OH, PA, RI, SC, VA, WV
- **Markets (MSAs):** 31
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 95.2%
- **Brokered/Wholesale:** 4.8%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 47/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.327%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,018
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,245
- **Dollar Volume:** $606 million
- **Applications Received:** 3,196
- **Market Share:** 6.00%

## Typical Borrower Profile

- **Average Loan Amount:** $269,775
- **Average Borrower Income:** $114,458
- **Average Property Value:** $337,165

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **USDA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 80/100 | 1,648 | +0.267% | $2,011 | Strong 😀 |
| FHA | 79/100 | 374 | +0.770% | $2,254 | Strong 😀 |
| VA | 73/100 | 154 | -0.138% | $1,486 | Strong 😀 |
| USDA | 84/100 | 64 | +0.303% | $1,766 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,437 loans, Score: 80/100 (Exceptional)
- Refinance: 211 loans, Score: 68/100 (Strong)

**FHA:**
- Purchase: 329 loans, Score: 79/100 (Strong)
- Refinance: 45 loans, Score: 74/100 (Strong)

**VA:**
- Purchase: 135 loans, Score: 73/100 (Strong)

**USDA:**
- Purchase: 64 loans, Score: 84/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 1,970 | $529M | +0.344% | Exceptional 🤩 |
| Refinance | 68/100 | 275 | $77M | +0.224% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 728 | 0.54% | 81/100 |
| PA | 616 | 0.51% | 82/100 |
| NC | 375 | 0.25% | 72/100 |
| MD | 158 | 0.22% | 67/100 |
| CT | 99 | 0.29% | 64/100 |
| FL | 64 | 0.02% | 49/100 |
| SC | 59 | 0.07% | 57/100 |
| MA | 54 | 0.09% | 54/100 |
| MI | 39 | 0.03% | 49/100 |
| VA | 20 | 0.02% | 42/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Pittsburgh, PA | PA | 372 | 87/100 |
| Columbus, OH | OH | 319 | 83/100 |
| Non |  | 283 | 64/100 |
| Toledo, OH | OH | 202 | 87/100 |
| Greensboro | NC | 117 | 76/100 |
| Raleigh | NC | 104 | 69/100 |
| Erie, PA | PA | 87 | 74/100 |
| Baltimore | MD | 56 | 58/100 |
| Altoona, PA | PA | 55 | 87/100 |
| Cincinnati, OH |  | 42 | 56/100 |
| Frederick | MD | 41 | 60/100 |
| New Haven, CT | CT | 41 | 62/100 |
| Lexington Park, MD | MD | 37 | 60/100 |
| Winston | NC | 36 | 58/100 |
| Tampa, FL | FL | 30 | 50/100 |

## Where This Lender Ranks

EQUITY RESOURCES, INC. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Altoona, PA Mortgage Companies
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Columbus, OH for USDA Loans
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/usda-loans)
- 🥈 **#2** in Columbus, OH for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥈 **#2** in Toledo, OH Mortgage Companies
  - [View Full Rankings](https://saferate.com/toledo-oh/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Altoona, PA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥉 **#3** in Pittsburgh, PA for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥉 **#3** in Toledo, OH for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/toledo-oh/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥉 **#3** in Erie, PA Mortgage Companies
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders/mortgage-companies)
- 🥉 **#3** in Altoona, PA
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders)
- 🥉 **#3** in Altoona, PA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Pittsburgh, PA for USDA Loans
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/usda-loans)
- 🏆 **#4** in Erie, PA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#5** in Toledo, OH for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/toledo-oh/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Erie, PA
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders)
- 🏆 **#5** in Erie, PA for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Altoona, PA for Conventional Loans
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/conventional-loans)
- 🏆 **#5** in Altoona, PA for FHA Loans
  - [View Full Rankings](https://saferate.com/altoona-pa/best-mortgage-lenders/fha-loans)
- 🏆 **#5** in Lexington Park, MD Mortgage Companies
  - [View Full Rankings](https://saferate.com/lexington-park-md/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Lexington Park, MD for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lexington-park-md/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Ohio for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/mortgage-companies/conventional-loans)

## Frequently Asked Questions

### What loan types does EQUITY RESOURCES, INC. offer?

EQUITY RESOURCES, INC. 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 EQUITY RESOURCES, INC. offer mortgages?

EQUITY RESOURCES, INC. offers mortgages in 18 states: CT, DC, DE, FL, GA, IN, KY, MA, MD, MI, NC, NH, OH, PA, RI, SC, VA, WV.

### How competitive are EQUITY RESOURCES, INC.'s mortgage rates?

EQUITY RESOURCES, INC. has a pricing score of 47/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.327% above market average.

### What type of lender is EQUITY RESOURCES, INC.?

EQUITY RESOURCES, INC. is a non-depository lender that specializes in mortgage origination, headquartered in NEWARK, OH.

### What is EQUITY RESOURCES, INC.'s loan approval success rate?

EQUITY RESOURCES, INC. has a pull-through score of 66/100 (Strong). 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/equity-resources

### How to Cite

> "EQUITY RESOURCES, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/equity-resources

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