# NEW FED MORTGAGE, CORP.

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


NEW FED MORTGAGE, CORP. is a independent mortgage company, headquartered in DANVERS, MA, serving borrowers across 16 states, with 843 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 26% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300TB3TMP4RV5T078
- **Headquarters:** DANVERS, MA
- **Geographic Reach:** Multi-Region
- **States Served:** 16
- **State List:** CT, DE, FL, IL, MA, MD, ME, NC, NH, NJ, OK, PA, RI, SC, TX, VA
- **Markets (MSAs):** 17
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

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

### Pull Through: Strong 😀
- Score: 74/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.381%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,980
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 843
- **Dollar Volume:** $340 million
- **Applications Received:** 1,017
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $403,837
- **Average Borrower Income:** $155,673
- **Average Property Value:** $520,658

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 585 | +0.367% | $2,883 | Strong 😀 |
| FHA | 75/100 | 213 | +0.555% | $3,235 | Strong 😀 |
| VA | 69/100 | 39 | -0.315% | $3,411 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 482 loans, Score: 62/100 (Strong)
- Refinance: 103 loans, Score: 61/100 (Strong)

**FHA:**
- Purchase: 193 loans, Score: 74/100 (Strong)
- Refinance: 20 loans, Score: 70/100 (Strong)

**VA:**
- Purchase: 37 loans, Score: 68/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 68/100 | 717 | $288M | +0.409% | Strong 😀 |
| Refinance | 63/100 | 126 | $52M | +0.232% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 379 | 0.63% | 80/100 |
| TX | 175 | 0.05% | 64/100 |
| NH | 78 | 0.50% | 68/100 |
| OK | 65 | 0.16% | 61/100 |
| DE | 33 | 0.23% | 56/100 |
| FL | 27 | 0.01% | 43/100 |
| SC | 22 | 0.03% | 47/100 |
| NC | 18 | 0.01% | 42/100 |
| NJ | 14 | 0.02% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 217 | 80/100 |
| Boston, MA | MA | 106 | 72/100 |
| Non |  | 69 | 46/100 |
| College Station | TX | 64 | 82/100 |
| Rockingham County | NH | 44 | 65/100 |
| San Antonio | TX | 42 | 56/100 |
| Oklahoma City, OK | OK | 30 | 55/100 |
| Worcester, MA | MA | 27 | 57/100 |
| Houston | TX | 26 | 48/100 |
| Manchester | NH | 26 | 58/100 |
| Wilmington, DE |  | 22 | 51/100 |
| Greenville | SC | 19 | 50/100 |
| Providence | RI-MA | 19 | 49/100 |
| Charlotte | NC-SC | 18 | 46/100 |
| Tulsa, OK | OK | 12 | 43/100 |

## Where This Lender Ranks

NEW FED MORTGAGE, CORP. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in College Station Mortgage Companies
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in College Station for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#7** in College Station for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#7** in College Station for VA Loans
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/va-loans)
- 🏆 **#8** in College Station for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#10** in College Station
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders)
- 🏆 **#10** in College Station for FHA Loans
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/fha-loans)
- 🏆 **#16** in College Station for Conventional Loans
  - [View Full Rankings](https://saferate.com/college-station/best-mortgage-lenders/conventional-loans)
- 🏆 **#18** in Cambridge for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#19** in New Hampshire for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-hampshire/best-mortgage-lenders/mortgage-companies/fha-loans)

## Frequently Asked Questions

### What loan types does NEW FED MORTGAGE, CORP. offer?

NEW FED MORTGAGE, CORP. 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 FED MORTGAGE, CORP. offer mortgages?

NEW FED MORTGAGE, CORP. offers mortgages in 16 states: CT, DE, FL, IL, MA, MD, ME, NC, NH, NJ, OK, PA, RI, SC, TX, VA.

### How competitive are NEW FED MORTGAGE, CORP.'s mortgage rates?

NEW FED MORTGAGE, CORP. 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 0.381% above market average.

### What type of lender is NEW FED MORTGAGE, CORP.?

NEW FED MORTGAGE, CORP. is a non-depository lender that specializes in mortgage origination, headquartered in DANVERS, MA.

### What is NEW FED MORTGAGE, CORP.'s loan approval success rate?

NEW FED MORTGAGE, CORP. has a pull-through score of 74/100 (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/new-fed-mortgage

### How to Cite

> "NEW FED MORTGAGE, CORP. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/new-fed-mortgage

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