# KEY MORTGAGE SERVICES, INC.

> **Canonical URL:** https://saferate.com/lenders/key-mortgage-services


> **📋 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


KEY MORTGAGE SERVICES, INC. is a independent mortgage company, headquartered in CHICAGO, IL, serving borrowers across 10 states, with 1,317 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 55% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 37% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300VJ7C5JB4W87F48
- **Headquarters:** CHICAGO, IL
- **Geographic Reach:** Multi-Region
- **States Served:** 10
- **State List:** AZ, CO, FL, IL, IN, MI, OH, TX, WA, WI
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 45/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.349%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,744
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,317
- **Dollar Volume:** $442 million
- **Applications Received:** 1,811
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $335,319
- **Average Borrower Income:** $147,916
- **Average Property Value:** $427,901

## Safe Rate Awards 🏆

- ⭐ **VA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 69/100 | 1,166 | +0.344% | $1,749 | Strong 😀 |
| FHA | 66/100 | 92 | +0.587% | $1,844 | Strong 😀 |
| VA | 65/100 | 37 | -0.086% | $1,439 | Strong 😀 |
| Jumbo | 67/100 | 22 | +0.371% | $1,495 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,120 loans, Score: 70/100 (Strong)
- Refinance: 46 loans, Score: 46/100 (Sound)

**FHA:**
- Purchase: 84 loans, Score: 66/100 (Strong)

**VA:**
- Purchase: 36 loans, Score: 66/100 (Strong)

**Jumbo:**
- Purchase: 20 loans, Score: 68/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 70/100 | 1,260 | $421M | +0.356% | Strong 😀 |
| Refinance | 47/100 | 57 | $21M | +0.204% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 1,273 | 1.02% | 91/100 |
| WI | 15 | 0.02% | 42/100 |
| IN | 14 | 0.02% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Chicago | IL | 967 | 90/100 |
| Elgin, IL | IL | 168 | 86/100 |
| Lake County, IL | IL | 117 | 85/100 |
| Non |  | 15 | 22/100 |

## Where This Lender Ranks

KEY MORTGAGE SERVICES, INC. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Elgin, IL Mortgage Companies
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders/mortgage-companies)
- 🏆 **#4** in Lake County, IL Mortgage Companies
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Chicago Mortgage Companies
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Illinois Mortgage Companies
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/mortgage-companies)
- 🏆 **#10** in Lake County, IL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#12** in Elgin, IL
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders)
- 🏆 **#12** in Elgin, IL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#13** in Lake County, IL for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#13** in Lake County, IL for FHA Loans
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/fha-loans)
- 🏆 **#14** in Elgin, IL for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#15** in Chicago for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#15** in Lake County, IL
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders)
- 🏆 **#17** in Chicago
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders)
- 🏆 **#18** in Illinois for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#18** in Chicago for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#18** in Elgin, IL for FHA Loans
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does KEY MORTGAGE SERVICES, INC. offer?

KEY MORTGAGE SERVICES, INC. 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 KEY MORTGAGE SERVICES, INC. offer mortgages?

KEY MORTGAGE SERVICES, INC. offers mortgages in 10 states: AZ, CO, FL, IL, IN, MI, OH, TX, WA, WI.

### How competitive are KEY MORTGAGE SERVICES, INC.'s mortgage rates?

KEY MORTGAGE SERVICES, INC. has a pricing score of 45/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.349% above market average.

### What type of lender is KEY MORTGAGE SERVICES, INC.?

KEY MORTGAGE SERVICES, INC. is a non-depository lender that specializes in mortgage origination, headquartered in CHICAGO, IL.

### What is KEY MORTGAGE SERVICES, INC.'s loan approval success rate?

KEY MORTGAGE SERVICES, INC. has a pull-through score of 63/100 (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/key-mortgage-services

### How to Cite

> "KEY MORTGAGE SERVICES, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/key-mortgage-services

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