# MORTGAGE 1 INCORPORATED

> **Canonical URL:** https://saferate.com/lenders/mortgage-1-incorporated


> **📋 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


MORTGAGE 1 INCORPORATED is a independent mortgage company, headquartered in STERLING HEIGHTS, MI, serving borrowers across 9 states, with 3,465 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 75% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 17% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300IWE0Y507LPF493
- **Headquarters:** STERLING HEIGHTS, MI
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** CA, FL, IL, IN, KY, MI, MT, OH, TX
- **Markets (MSAs):** 16
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 25/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 83/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.548%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,732
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,465
- **Dollar Volume:** $819 million
- **Applications Received:** 4,483
- **Market Share:** 10.00%

## Typical Borrower Profile

- **Average Loan Amount:** $236,405
- **Average Borrower Income:** $106,453
- **Average Property Value:** $291,531

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (62%)
- ⭐ **Purchase Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 84/100 | 2,568 | +0.505% | $2,528 | Exceptional 🤩 |
| FHA | 83/100 | 695 | +0.909% | $3,808 | Exceptional 🤩 |
| VA | 76/100 | 150 | +0.010% | $2,881 | Strong 😀 |
| USDA | 82/100 | 47 | +0.530% | $3,139 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,245 loans, Score: 84/100 (Exceptional)
- Refinance: 323 loans, Score: 76/100 (Strong)

**FHA:**
- Purchase: 641 loans, Score: 84/100 (Exceptional)
- Refinance: 54 loans, Score: 75/100 (Strong)

**VA:**
- Purchase: 140 loans, Score: 76/100 (Strong)

**USDA:**
- Purchase: 47 loans, Score: 82/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 85/100 | 3,078 | $735M | +0.554% | Exceptional 🤩 |
| Refinance | 76/100 | 387 | $84M | +0.511% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 3,179 | 2.81% | 95/100 |
| FL | 224 | 0.08% | 62/100 |
| OH | 22 | 0.02% | 42/100 |
| MT | 18 | 0.17% | 46/100 |
| CA | 10 | 0.00% | 34/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Warren | MI | 1,181 | 92/100 |
| Non |  | 456 | 69/100 |
| Detroit | MI | 448 | 86/100 |
| Grand Rapids | MI | 356 | 78/100 |
| Muskegon | MI | 265 | 94/100 |
| Cape Coral | FL | 166 | 76/100 |
| Ann Arbor, MI | MI | 106 | 85/100 |
| Flint, MI | MI | 95 | 73/100 |
| Jackson, MI | MI | 80 | 85/100 |
| Monroe, MI | MI | 65 | 78/100 |
| Lansing | MI | 51 | 62/100 |
| Saginaw, MI | MI | 35 | 63/100 |
| Battle Creek, MI | MI | 15 | 48/100 |
| Toledo, OH | OH | 15 | 46/100 |
| Kalamazoo | MI | 14 | 44/100 |

## Where This Lender Ranks

MORTGAGE 1 INCORPORATED appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Grand Rapids for USDA Loans
  - [View Full Rankings](https://saferate.com/grand-rapids/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Grand Rapids for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/grand-rapids/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Muskegon for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/muskegon/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥈 **#2** in Warren for USDA Loans
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/usda-loans)
- 🥈 **#2** in Warren for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥉 **#3** in Muskegon Mortgage Companies
  - [View Full Rankings](https://saferate.com/muskegon/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Detroit Mortgage Companies
  - [View Full Rankings](https://saferate.com/detroit/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Muskegon for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/muskegon/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Ann Arbor, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Jackson, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Jackson, MI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Warren Mortgage Companies
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Detroit for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/detroit/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Muskegon for Conventional Loans
  - [View Full Rankings](https://saferate.com/muskegon/best-mortgage-lenders/conventional-loans)
- 🏆 **#6** in Ann Arbor, MI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Flint, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Monroe, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/monroe-mi/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Lansing Mortgage Companies
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Saginaw, MI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#7** in Michigan Mortgage Companies
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/mortgage-companies)

## Frequently Asked Questions

### What loan types does MORTGAGE 1 INCORPORATED offer?

MORTGAGE 1 INCORPORATED offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MORTGAGE 1 INCORPORATED offer mortgages?

MORTGAGE 1 INCORPORATED offers mortgages in 9 states: CA, FL, IL, IN, KY, MI, MT, OH, TX.

### How competitive are MORTGAGE 1 INCORPORATED's mortgage rates?

MORTGAGE 1 INCORPORATED has a pricing score of 25/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.548% above market average.

### What type of lender is MORTGAGE 1 INCORPORATED?

MORTGAGE 1 INCORPORATED is a non-depository lender that specializes in mortgage origination, headquartered in STERLING HEIGHTS, MI.

### What is MORTGAGE 1 INCORPORATED's loan approval success rate?

MORTGAGE 1 INCORPORATED has a pull-through score of 83/100 (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/mortgage-1-incorporated

### How to Cite

> "MORTGAGE 1 INCORPORATED Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mortgage-1-incorporated

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