# FRANKLIN LOAN CORPORATION

> **Canonical URL:** https://saferate.com/lenders/franklin-loan


> **📋 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


FRANKLIN LOAN CORPORATION is a independent mortgage company, headquartered in PALM DESERT, CA, serving borrowers across 19 states, with 1,341 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 74% 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):** 254900RQX8N4HXJIDK44
- **Headquarters:** PALM DESERT, CA
- **Geographic Reach:** Multi-Region
- **States Served:** 19
- **State List:** AZ, CA, CO, FL, GA, ID, IL, MD, MT, NC, NE, NM, NV, OR, PA, TN, TX, UT, WA
- **Markets (MSAs):** 19
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.9%
- **Brokered/Wholesale:** 0.1%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 80/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.405%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,879
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,341
- **Dollar Volume:** $670 million
- **Applications Received:** 1,713
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $499,340
- **Average Borrower Income:** $253,878
- **Average Property Value:** $701,585

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 66/100 | 757 | +0.439% | $3,419 | Strong 😀 |
| FHA | 79/100 | 417 | +0.399% | $5,282 | Strong 😀 |
| VA | 69/100 | 74 | -0.318% | $3,296 | Strong 😀 |
| Jumbo | 78/100 | 92 | +0.869% | $2,371 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 607 loans, Score: 65/100 (Strong)
- Refinance: 150 loans, Score: 62/100 (Strong)

**FHA:**
- Purchase: 173 loans, Score: 74/100 (Strong)
- Refinance: 244 loans, Score: 82/100 (Exceptional)

**VA:**
- Purchase: 52 loans, Score: 67/100 (Strong)
- Refinance: 22 loans, Score: 49/100 (Sound)

**Jumbo:**
- Purchase: 63 loans, Score: 78/100 (Strong)
- Refinance: 29 loans, Score: 79/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 70/100 | 896 | $463M | +0.454% | Strong 😀 |
| Refinance | 68/100 | 445 | $207M | +0.293% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 1,042 | 0.37% | 81/100 |
| GA | 51 | 0.04% | 53/100 |
| NV | 43 | 0.11% | 56/100 |
| AZ | 40 | 0.04% | 51/100 |
| TN | 26 | 0.03% | 46/100 |
| ID | 23 | 0.09% | 47/100 |
| CO | 20 | 0.02% | 44/100 |
| UT | 20 | 0.04% | 46/100 |
| OR | 18 | 0.04% | 45/100 |
| NC | 17 | 0.01% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Riverside | CA | 595 | 86/100 |
| Los Angeles | CA | 84 | 63/100 |
| Non |  | 82 | 46/100 |
| Anaheim | CA | 70 | 65/100 |
| San Diego | CA | 64 | 61/100 |
| Salinas, CA | CA | 50 | 75/100 |
| Las Vegas | NV | 34 | 54/100 |
| Phoenix | AZ | 26 | 47/100 |
| Atlanta | GA | 21 | 45/100 |
| Oakland | CA | 20 | 48/100 |
| Modesto, CA | CA | 16 | 50/100 |
| Nashville | TN | 16 | 44/100 |
| Marietta, GA | GA | 15 | 44/100 |
| Bakersfield | CA | 14 | 45/100 |
| Boise City, ID | ID | 14 | 44/100 |

## Where This Lender Ranks

FRANKLIN LOAN CORPORATION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#5** in Salinas, CA Mortgage Companies
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders/mortgage-companies)
- 🏆 **#8** in Riverside Mortgage Companies
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders/mortgage-companies)
- 🏆 **#8** in Salinas, CA for FHA Loans
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders/fha-loans)
- 🏆 **#8** in Salinas, CA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#9** in Salinas, CA
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders)
- 🏆 **#9** in Santa Cruz for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/santa-cruz/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#10** in Salinas, CA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#11** in Riverside for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#13** in California Mortgage Companies
  - [View Full Rankings](https://saferate.com/california/best-mortgage-lenders/mortgage-companies)
- 🏆 **#14** in Riverside
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders)
- 🏆 **#15** in Anaheim Mortgage Companies
  - [View Full Rankings](https://saferate.com/anaheim/best-mortgage-lenders/mortgage-companies)
- 🏆 **#15** in Salinas, CA for Conventional Loans
  - [View Full Rankings](https://saferate.com/salinas-ca/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in Anaheim for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/anaheim/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#18** in Riverside for Conventional Loans
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders/conventional-loans)
- 🏆 **#18** in Riverside for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#18** in Santa Cruz for Conventional Loans
  - [View Full Rankings](https://saferate.com/santa-cruz/best-mortgage-lenders/conventional-loans)
- 🏆 **#19** in Riverside for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/riverside/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#19** in Anaheim for FHA Loans
  - [View Full Rankings](https://saferate.com/anaheim/best-mortgage-lenders/fha-loans)
- 🏆 **#20** in San Diego Mortgage Companies
  - [View Full Rankings](https://saferate.com/san-diego/best-mortgage-lenders/mortgage-companies)

## Frequently Asked Questions

### What loan types does FRANKLIN LOAN CORPORATION offer?

FRANKLIN LOAN CORPORATION offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does FRANKLIN LOAN CORPORATION offer mortgages?

FRANKLIN LOAN CORPORATION offers mortgages in 19 states: AZ, CA, CO, FL, GA, ID, IL, MD, MT, NC, NE, NM, NV, OR, PA, TN, TX, UT, WA.

### How competitive are FRANKLIN LOAN CORPORATION's mortgage rates?

FRANKLIN LOAN CORPORATION has a pricing score of 26/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.405% above market average.

### What type of lender is FRANKLIN LOAN CORPORATION?

FRANKLIN LOAN CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in PALM DESERT, CA.

### What is FRANKLIN LOAN CORPORATION's loan approval success rate?

FRANKLIN LOAN 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/franklin-loan

### How to Cite

> "FRANKLIN LOAN CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/franklin-loan

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