# LOWER, LLC

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


> **📋 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


LOWER, LLC is a independent mortgage company, headquartered in Lutherville, MD, serving borrowers nationwide, with 15,793 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 70% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300RN01LBYR8ZVX74
- **Headquarters:** Lutherville, MD
- **Geographic Reach:** National
- **States Served:** 46
- **State List:** AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** mix
- **Direct Origination:** 78.8%
- **Brokered/Wholesale:** 21.2%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 30/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.450%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,834
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 15,793
- **Dollar Volume:** $5.1 billion
- **Applications Received:** 24,643
- **Market Share:** 44.00%

## Typical Borrower Profile

- **Average Loan Amount:** $326,030
- **Average Borrower Income:** $132,550
- **Average Property Value:** $406,670

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (62%)
- ⭐ **FHA Gold Superstar** (62%)
- ⭐ **VA Gold Superstar** (62%)
- ⭐ **USDA Gold Superstar** (62%)
- ⭐ **Purchase Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 87/100 | 9,821 | +0.404% | $2,614 | Exceptional 🤩 |
| FHA | 90/100 | 4,364 | +0.726% | $3,456 | Exceptional 🤩 |
| VA | 86/100 | 1,329 | -0.100% | $3,131 | Exceptional 🤩 |
| Jumbo | 80/100 | 130 | +0.378% | $2,756 | Exceptional 🤩 |
| USDA | 89/100 | 149 | +0.420% | $2,293 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 8,516 loans, Score: 88/100 (Exceptional)
- Refinance: 1,305 loans, Score: 83/100 (Exceptional)

**FHA:**
- Purchase: 3,413 loans, Score: 89/100 (Exceptional)
- Refinance: 951 loans, Score: 87/100 (Exceptional)

**VA:**
- Purchase: 992 loans, Score: 85/100 (Exceptional)
- Refinance: 337 loans, Score: 87/100 (Exceptional)

**Jumbo:**
- Purchase: 109 loans, Score: 81/100 (Exceptional)
- Refinance: 21 loans, Score: 52/100 (Sound)

**USDA:**
- Purchase: 149 loans, Score: 89/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 89/100 | 13,179 | $4.3B | +0.448% | Exceptional 🤩 |
| Refinance | 85/100 | 2,614 | $837M | +0.462% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 2,838 | 0.81% | 86/100 |
| OH | 1,789 | 1.33% | 85/100 |
| FL | 1,274 | 0.44% | 76/100 |
| CO | 1,121 | 1.34% | 82/100 |
| IL | 1,031 | 0.83% | 81/100 |
| SC | 929 | 1.16% | 86/100 |
| GA | 740 | 0.54% | 76/100 |
| VA | 667 | 0.62% | 79/100 |
| MD | 558 | 0.79% | 76/100 |
| NC | 436 | 0.29% | 68/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 1,324 | 76/100 |
| Dallas | TX | 910 | 84/100 |
| Columbus, OH | OH | 701 | 88/100 |
| Chicago | IL | 675 | 79/100 |
| Denver | CO | 624 | 80/100 |
| Dayton | OH | 473 | 83/100 |
| Atlanta | GA | 435 | 76/100 |
| Arlington | VA-WV | 359 | 77/100 |
| Fort Worth | TX | 326 | 79/100 |
| Houston | TX | 297 | 69/100 |
| San Antonio | TX | 281 | 71/100 |
| Cincinnati, OH |  | 270 | 77/100 |
| Davenport | IA-IL | 264 | 84/100 |
| Washington, DC | DC-MD | 258 | 80/100 |
| Greenville | SC | 251 | 83/100 |

## Where This Lender Ranks

LOWER, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Columbus, OH for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🥉 **#3** in Billings, MT for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/billings-mt/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#4** in Davenport Mortgage Companies
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/mortgage-companies)
- 🏆 **#4** in Davenport for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#4** in Wichita Falls, TX for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#4** in Owensboro, KY for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/owensboro-ky/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#5** in Davenport for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Lake Charles, LA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#5** in Lake Charles, LA for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🏆 **#5** in Billings, MT Mortgage Companies
  - [View Full Rankings](https://saferate.com/billings-mt/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Billings, MT for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/billings-mt/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#5** in Pueblo, CO for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/pueblo-co/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#5** in Wichita Falls, TX for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Ohio for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#6** in Dayton for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/dayton/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Davenport for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Lake Charles, LA Mortgage Companies
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Lake Charles, LA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Lake Charles, LA for VA Loans
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/va-loans)
- 🏆 **#6** in Lake Charles, LA for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-charles-la/best-mortgage-lenders/mortgage-companies/va-loans)

## Frequently Asked Questions

### What loan types does LOWER, LLC offer?

LOWER, 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 LOWER, LLC offer mortgages?

LOWER, LLC is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are LOWER, LLC's mortgage rates?

LOWER, LLC has a pricing score of 30/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.450% above market average.

### What type of lender is LOWER, LLC?

LOWER, LLC is a non-depository lender that specializes in mortgage origination, headquartered in Lutherville, MD.

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

LOWER, LLC has a pull-through score of 71/100 (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/lower

### How to Cite

> "LOWER, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/lower

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