# NEW DAY FINANCIAL, LLC

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


NEW DAY FINANCIAL, LLC is a independent mortgage company, headquartered in DOVER, DE, serving borrowers nationwide, with 6,181 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 95% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 74% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300SUCQ1358EGVE89
- **Headquarters:** DOVER, DE
- **Geographic Reach:** National
- **States Served:** 44
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, VA, WA, WI, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 5/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +1.177%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $4,675
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 6,181
- **Dollar Volume:** $1.7 billion
- **Applications Received:** 39,981
- **Market Share:** 17.00%

## Typical Borrower Profile

- **Average Loan Amount:** $270,166
- **Average Borrower Income:** $93,220
- **Average Property Value:** $320,001

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 14/100 | 10 | +0.698% | $3,742 | Mediocre 😐 |
| FHA | 43/100 | 55 | +1.604% | $1,689 | Sound ☺️ |
| VA | 93/100 | 6,116 | +1.167% | $4,774 | Exceptional 🤩 |

### Product Performance by Purpose

**FHA:**
- Refinance: 53 loans, Score: 50/100 (Sound)

**VA:**
- Purchase: 393 loans, Score: 76/100 (Strong)
- Refinance: 5,723 loans, Score: 97/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 45/100 | 405 | $122M | +0.463% | Sound ☺️ |
| Refinance | 89/100 | 5,776 | $1.5B | +1.340% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 604 | 0.21% | 71/100 |
| NC | 418 | 0.28% | 70/100 |
| GA | 406 | 0.29% | 72/100 |
| OH | 361 | 0.27% | 70/100 |
| PA | 293 | 0.24% | 69/100 |
| SC | 282 | 0.35% | 73/100 |
| AL | 271 | 0.45% | 74/100 |
| IN | 241 | 0.26% | 67/100 |
| TN | 240 | 0.26% | 69/100 |
| VA | 238 | 0.22% | 69/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 1,531 | 81/100 |
| Atlanta | GA | 103 | 61/100 |
| Charlotte | NC-SC | 85 | 61/100 |
| Cincinnati, OH |  | 80 | 63/100 |
| Virginia Beach | VA-NC | 80 | 62/100 |
| Tampa, FL | FL | 77 | 60/100 |
| Columbia, SC | SC | 76 | 67/100 |
| St. Louis, MO | MO-IL | 75 | 60/100 |
| Jacksonville, FL | FL | 74 | 61/100 |
| Phoenix | AZ | 74 | 56/100 |
| Indianapolis | IN | 72 | 59/100 |
| Orlando | FL | 65 | 57/100 |
| Cleveland, OH | OH | 57 | 57/100 |
| Fayetteville, NC | NC | 55 | 64/100 |
| Oklahoma City, OK | OK | 55 | 59/100 |

## Where This Lender Ranks

NEW DAY FINANCIAL, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Johnstown, PA for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Johnstown, PA for VA Loans
  - [View Full Rankings](https://saferate.com/johnstown-pa/best-mortgage-lenders/va-loans)
- 🏆 **#6** in Rockford, IL for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#6** in Terre Haute, IN for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/terre-haute-in/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#6** in Springfield, OH for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/springfield-oh/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#7** in Wildwood for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/wildwood/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#7** in Albany, GA for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/albany-ga/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#7** in Terre Haute, IN for VA Loans
  - [View Full Rankings](https://saferate.com/terre-haute-in/best-mortgage-lenders/va-loans)
- 🏆 **#7** in Springfield, OH for VA Loans
  - [View Full Rankings](https://saferate.com/springfield-oh/best-mortgage-lenders/va-loans)
- 🏆 **#8** in Anniston for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#8** in Lansing for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#8** in Farmington, NM for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/farmington-nm/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#9** in Youngstown for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/youngstown/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#9** in Wildwood for VA Loans
  - [View Full Rankings](https://saferate.com/wildwood/best-mortgage-lenders/va-loans)
- 🏆 **#9** in Appleton, WI for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/appleton-wi/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#9** in Farmington, NM for VA Loans
  - [View Full Rankings](https://saferate.com/farmington-nm/best-mortgage-lenders/va-loans)
- 🏆 **#10** in Anniston for VA Loans
  - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/va-loans)
- 🏆 **#10** in Scranton for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#10** in Flint, MI for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#10** in Rockford, IL for VA Loans
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders/va-loans)

## Frequently Asked Questions

### What loan types does NEW DAY FINANCIAL, LLC offer?

NEW DAY FINANCIAL, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does NEW DAY FINANCIAL, LLC offer mortgages?

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

### How competitive are NEW DAY FINANCIAL, LLC's mortgage rates?

NEW DAY FINANCIAL, LLC has a pricing score of 5/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.177% above market average.

### What type of lender is NEW DAY FINANCIAL, LLC?

NEW DAY FINANCIAL, LLC is a non-depository lender that specializes in mortgage origination, headquartered in DOVER, DE.

### What is NEW DAY FINANCIAL, LLC's loan approval success rate?

NEW DAY FINANCIAL, LLC has a pull-through score of 26/100 (Acceptable). 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/new-day-financial

### How to Cite

> "NEW DAY FINANCIAL, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/new-day-financial

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