# HomePromise Corporation

> **Canonical URL:** https://saferate.com/lenders/homepromise


> **📋 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


HomePromise Corporation is a independent mortgage company, headquartered in Glen Allen, VA, serving borrowers across 17 states, with 84 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 95% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 5493000WAJ1FMTFL5D75
- **Headquarters:** Glen Allen, VA
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** AL, CA, CO, CT, FL, GA, MD, MI, MN, NJ, OH, OR, PA, TN, TX, VA, WA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Mediocre 😐
- Score: 5/100
- Rating: ●○○○○ (1/5)


### Lending Volume
- **Total Loans:** 84
- **Dollar Volume:** $31 million
- **Applications Received:** 1,464
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $371,667
- **Average Borrower Income:** $124,417
- **Average Property Value:** $382,143

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| VA | 66/100 | 78 | +0.897% | $7,062 | Strong 😀 |

### Product Performance by Purpose

**VA:**
- Purchase: 75 loans, Score: 67/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 27/100 | 80 | $30M | +0.957% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 14 | 0.00% | 43/100 |
| TX | 11 | 0.00% | 40/100 |
| OH | 10 | 0.01% | 43/100 |
| VA | 10 | 0.01% | 43/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 12 | 29/100 |

## Frequently Asked Questions

### What loan types does HomePromise Corporation offer?

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

### Where does HomePromise Corporation offer mortgages?

HomePromise Corporation offers mortgages in 17 states: AL, CA, CO, CT, FL, GA, MD, MI, MN, NJ, OH, OR, PA, TN, TX, VA, WA.

### What type of lender is HomePromise Corporation?

HomePromise Corporation is a non-depository lender that specializes in mortgage origination, headquartered in Glen Allen, VA.

### What is HomePromise Corporation's loan approval success rate?

HomePromise Corporation has a pull-through score of 5/100 (Mediocre). 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/homepromise

### How to Cite

> "HomePromise Corporation Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/homepromise

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