# NEW WAVE LENDING GROUP INC

> **Canonical URL:** https://saferate.com/lenders/new-wave-lending-group


> **📋 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 WAVE LENDING GROUP INC is a independent mortgage company, headquartered in CITY OF INDUSTRY, CA, serving borrowers across 23 states, with 2,938 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 86% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 31% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300OPB0G5OMY0SM65
- **Headquarters:** CITY OF INDUSTRY, CA
- **Geographic Reach:** Multi-Region
- **States Served:** 23
- **State List:** AZ, CA, CO, CT, DC, FL, GA, HI, IL, MD, MI, NC, NJ, NV, OH, OR, PA, SC, TN, TX, UT, VA, WA
- **Markets (MSAs):** 34
- **Primary Channel:** mix
- **Direct Origination:** 28.3%
- **Brokered/Wholesale:** 71.7%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 14/100
- Rating: ●○○○○ (1/5)

### Pull Through: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.757%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,838
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,938
- **Dollar Volume:** $1.7 billion
- **Applications Received:** 4,162
- **Market Share:** 8.00%

## Typical Borrower Profile

- **Average Loan Amount:** $569,687
- **Average Borrower Income:** $269,984
- **Average Property Value:** $864,561

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 74/100 | 2,695 | +0.739% | $3,866 | Strong 😀 |
| FHA | 57/100 | 41 | +0.504% | $4,354 | Sound ☺️ |
| Jumbo | 81/100 | 194 | +1.259% | $2,979 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,233 loans, Score: 74/100 (Strong)
- Refinance: 462 loans, Score: 72/100 (Strong)

**FHA:**
- Purchase: 35 loans, Score: 56/100 (Sound)

**Jumbo:**
- Purchase: 141 loans, Score: 81/100 (Exceptional)
- Refinance: 53 loans, Score: 83/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 73/100 | 2,417 | $1.4B | +0.765% | Strong 😀 |
| Refinance | 72/100 | 521 | $314M | +0.717% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 1,878 | 0.66% | 84/100 |
| TX | 247 | 0.07% | 64/100 |
| GA | 200 | 0.14% | 66/100 |
| FL | 134 | 0.05% | 56/100 |
| NV | 127 | 0.32% | 68/100 |
| IL | 71 | 0.06% | 55/100 |
| VA | 53 | 0.05% | 53/100 |
| NC | 39 | 0.03% | 47/100 |
| MD | 37 | 0.05% | 50/100 |
| NJ | 32 | 0.04% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Los Angeles | CA | 777 | 88/100 |
| Anaheim | CA | 333 | 84/100 |
| Riverside | CA | 257 | 74/100 |
| Non |  | 237 | 59/100 |
| Atlanta | GA | 146 | 67/100 |
| Oakland | CA | 137 | 73/100 |
| Las Vegas | NV | 112 | 68/100 |
| Houston | TX | 76 | 58/100 |
| Dallas | TX | 59 | 56/100 |
| Sacramento | CA | 55 | 57/100 |
| San Jose | CA | 54 | 61/100 |
| Chicago | IL | 53 | 54/100 |
| San Francisco | CA | 51 | 64/100 |
| San Diego | CA | 39 | 53/100 |
| Orlando | FL | 36 | 52/100 |

## Where This Lender Ranks

NEW WAVE LENDING GROUP INC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#16** in San Francisco for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#17** in Anaheim for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/anaheim/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#18** in San Jose for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#19** in Oakland for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders/mortgage-companies/jumbo-loans)

## Frequently Asked Questions

### What loan types does NEW WAVE LENDING GROUP INC offer?

NEW WAVE LENDING GROUP INC offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does NEW WAVE LENDING GROUP INC offer mortgages?

NEW WAVE LENDING GROUP INC offers mortgages in 23 states: AZ, CA, CO, CT, DC, FL, GA, HI, IL, MD, MI, NC, NJ, NV, OH, OR, PA, SC, TN, TX, UT, VA, WA.

### How competitive are NEW WAVE LENDING GROUP INC's mortgage rates?

NEW WAVE LENDING GROUP INC has a pricing score of 14/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.757% above market average.

### What type of lender is NEW WAVE LENDING GROUP INC?

NEW WAVE LENDING GROUP INC is a non-depository lender that specializes in mortgage origination, headquartered in CITY OF INDUSTRY, CA.

### What is NEW WAVE LENDING GROUP INC's loan approval success rate?

NEW WAVE LENDING GROUP INC has a pull-through score of 69/100 (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-wave-lending-group

### How to Cite

> "NEW WAVE LENDING GROUP INC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/new-wave-lending-group

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