# LENNAR MORTGAGE, LLC

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


LENNAR MORTGAGE, LLC is a independent mortgage company, headquartered in NORTH PALM BEACH, FL, serving borrowers across 26 states, with 54,785 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 18% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 14% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300H3IZO24NSOO931
- **Headquarters:** NORTH PALM BEACH, FL
- **Geographic Reach:** Near-National
- **States Served:** 26
- **State List:** AL, AZ, CA, CO, DE, FL, GA, ID, IL, IN, MD, MN, NC, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV
- **Markets (MSAs):** 50
- **Homebuilder Lender:** Yes
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pull Through: Exceptional 🤩
- Score: 86/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** -0.689%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,748
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 54,785
- **Dollar Volume:** $20.0 billion
- **Applications Received:** 73,461
- **Market Share:** 154.00%

## Typical Borrower Profile

- **Average Loan Amount:** $364,349
- **Average Borrower Income:** $146,615
- **Average Property Value:** $438,869

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (83%)
- 💎 **FHA Diamond Champion** (84%)
- 💎 **VA Diamond Champion** (90%)
- 💎 **USDA Diamond Champion** (84%)
- 💎 **Purchase Diamond Champion** (84%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 94/100 | 32,877 | -0.574% | $2,701 | Exceptional 🤩 |
| FHA | 95/100 | 16,064 | -0.886% | $3,090 | Exceptional 🤩 |
| VA | 93/100 | 5,470 | -1.448% | $457 | Exceptional 🤩 |
| Jumbo | 81/100 | 131 | +0.080% | $2,429 | Exceptional 🤩 |
| USDA | 92/100 | 243 | -1.184% | $3,235 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 32,862 loans, Score: 95/100 (Exceptional)

**FHA:**
- Purchase: 16,064 loans, Score: 96/100 (Exceptional)

**VA:**
- Purchase: 5,469 loans, Score: 93/100 (Exceptional)

**Jumbo:**
- Purchase: 131 loans, Score: 82/100 (Exceptional)

**USDA:**
- Purchase: 243 loans, Score: 92/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 96/100 | 54,769 | $20.0B | -0.690% | Exceptional 🤩 |
| Refinance | 24/100 | 16 | $7M | +0.147% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 14,575 | 4.16% | 98/100 |
| FL | 10,805 | 3.69% | 93/100 |
| CA | 6,765 | 2.37% | 88/100 |
| NC | 2,812 | 1.90% | 84/100 |
| AZ | 2,620 | 2.64% | 87/100 |
| SC | 2,371 | 2.96% | 94/100 |
| IN | 1,902 | 2.09% | 84/100 |
| NV | 1,801 | 4.47% | 94/100 |
| CO | 1,549 | 1.86% | 82/100 |
| MN | 1,444 | 2.23% | 83/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| San Antonio | TX | 4,403 | 100/100 |
| Dallas | TX | 3,537 | 97/100 |
| Houston | TX | 3,403 | 94/100 |
| Tampa, FL | FL | 2,754 | 98/100 |
| Phoenix | AZ | 2,131 | 87/100 |
| Austin | TX | 2,077 | 100/100 |
| Riverside | CA | 1,841 | 89/100 |
| Raleigh | NC | 1,619 | 97/100 |
| Sacramento | CA | 1,512 | 89/100 |
| Las Vegas | NV | 1,473 | 95/100 |
| Indianapolis | IN | 1,461 | 91/100 |
| Minneapolis | MN-WI | 1,444 | 85/100 |
| Jacksonville, FL | FL | 1,141 | 91/100 |
| Denver | CO | 1,132 | 84/100 |
| Charlotte | NC-SC | 924 | 86/100 |

## Frequently Asked Questions

### What loan types does LENNAR MORTGAGE, LLC offer?

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

### Where does LENNAR MORTGAGE, LLC offer mortgages?

LENNAR MORTGAGE, LLC offers mortgages in 26 states: AL, AZ, CA, CO, DE, FL, GA, ID, IL, IN, MD, MN, NC, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV.

### How competitive are LENNAR MORTGAGE, LLC's mortgage rates?

LENNAR MORTGAGE, LLC has a pricing score of 82/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.689% below market average.

### What type of lender is LENNAR MORTGAGE, LLC?

LENNAR MORTGAGE, LLC is a non-depository lender that specializes in mortgage origination, headquartered in NORTH PALM BEACH, FL.

### What is LENNAR MORTGAGE, LLC's loan approval success rate?

LENNAR MORTGAGE, LLC has a pull-through score of 86/100 (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/lennar-mortgage

### How to Cite

> "LENNAR MORTGAGE, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/lennar-mortgage

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