# MEGASTAR FINANCIAL CORP.

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


> **📋 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


MEGASTAR FINANCIAL CORP. is a independent mortgage company, headquartered in Denver, CO, serving borrowers across 18 states, with 937 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 12% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300WKFR15017V9850
- **Headquarters:** Denver, CO
- **Geographic Reach:** Multi-Region
- **States Served:** 18
- **State List:** AZ, CA, CO, FL, GA, KS, MA, ME, MN, MO, MT, NH, NM, OR, TN, TX, WA, WI
- **Markets (MSAs):** 10
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 88/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.337%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $-6,423
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 937
- **Dollar Volume:** $386 million
- **Applications Received:** 1,277
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $412,001
- **Average Borrower Income:** $161,462
- **Average Property Value:** $548,095

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **FHA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (71%)
- ⭐ **Refinance Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 707 | +0.367% | $-6,217 | Strong 😀 |
| FHA | 71/100 | 156 | +0.404% | $-8,082 | Strong 😀 |
| VA | 66/100 | 49 | -0.152% | $-5,882 | Strong 😀 |
| Jumbo | 64/100 | 18 | +0.076% | $-7,571 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 614 loans, Score: 63/100 (Strong)
- Refinance: 93 loans, Score: 61/100 (Strong)

**FHA:**
- Purchase: 141 loans, Score: 70/100 (Strong)

**VA:**
- Purchase: 48 loans, Score: 66/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 67/100 | 828 | $345M | +0.353% | Strong 😀 |
| Refinance | 61/100 | 109 | $41M | +0.240% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CO | 408 | 0.49% | 79/100 |
| MN | 189 | 0.29% | 71/100 |
| MO | 118 | 0.16% | 64/100 |
| CA | 80 | 0.03% | 55/100 |
| ME | 37 | 0.24% | 56/100 |
| WA | 28 | 0.03% | 49/100 |
| KS | 22 | 0.07% | 49/100 |
| FL | 14 | 0.00% | 36/100 |
| WI | 12 | 0.02% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Denver | CO | 264 | 78/100 |
| Minneapolis | MN-WI | 172 | 71/100 |
| Kansas City, MO | MO-KS | 121 | 68/100 |
| Non |  | 100 | 51/100 |
| Fort Collins | CO | 50 | 68/100 |
| Greeley, CO | CO | 31 | 60/100 |
| Redding, CA | CA | 31 | 67/100 |
| Riverside | CA | 21 | 47/100 |
| Portland | ME | 20 | 51/100 |
| Seattle | WA | 19 | 48/100 |

## Where This Lender Ranks

MEGASTAR FINANCIAL CORP. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Colorado Mortgage Companies
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Denver Mortgage Companies
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Minneapolis Mortgage Companies
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Fort Collins
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders)
- 🥇 **#1** in Fort Collins Mortgage Companies
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Greeley, CO
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders)
- 🥇 **#1** in Greeley, CO Mortgage Companies
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Redding, CA
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders)
- 🥇 **#1** in Redding, CA Mortgage Companies
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Colorado
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders)
- 🥈 **#2** in Denver
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders)
- 🥈 **#2** in Minnesota Mortgage Companies
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Kansas City, MO Mortgage Companies
  - [View Full Rankings](https://saferate.com/kansas-city-mo/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Maine Mortgage Companies
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Redding, CA for FHA Loans
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders/fha-loans)
- 🥈 **#2** in Redding, CA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥈 **#2** in Portland Mortgage Companies
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/mortgage-companies)
- 🥉 **#3** in Greeley, CO for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥉 **#3** in Redding, CA for Conventional Loans
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Redding, CA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/redding-ca/best-mortgage-lenders/mortgage-companies/conventional-loans)

## Frequently Asked Questions

### What loan types does MEGASTAR FINANCIAL CORP. offer?

MEGASTAR FINANCIAL CORP. 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 MEGASTAR FINANCIAL CORP. offer mortgages?

MEGASTAR FINANCIAL CORP. offers mortgages in 18 states: AZ, CA, CO, FL, GA, KS, MA, ME, MN, MO, MT, NH, NM, OR, TN, TX, WA, WI.

### How competitive are MEGASTAR FINANCIAL CORP.'s mortgage rates?

MEGASTAR FINANCIAL CORP. has a pricing score of 88/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.337% above market average.

### What type of lender is MEGASTAR FINANCIAL CORP.?

MEGASTAR FINANCIAL CORP. is a non-depository lender that specializes in mortgage origination, headquartered in Denver, CO.

### What is MEGASTAR FINANCIAL CORP.'s loan approval success rate?

MEGASTAR FINANCIAL CORP. has a pull-through score of 60/100 (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/megastar-financial

### How to Cite

> "MEGASTAR FINANCIAL CORP. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/megastar-financial

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