# PHH Mortgage Corporation

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


PHH Mortgage Corporation is a independent mortgage company, headquartered in Mount Laurel, NJ, serving borrowers nationwide, with 2,729 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 65% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** PAOOWF3GUFM46FBSP561
- **Headquarters:** Mount Laurel, NJ
- **Geographic Reach:** National
- **States Served:** 51
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 35/100
- Rating: ●●○○○ (2/5)

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.256%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,363
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,729
- **Dollar Volume:** $744 million
- **Applications Received:** 9,941
- **Market Share:** 8.00%

## Typical Borrower Profile

- **Average Loan Amount:** $272,655
- **Average Borrower Income:** $121,232
- **Average Property Value:** $443,882

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 63/100 | 2,196 | +0.398% | $3,742 | Strong 😀 |
| FHA | 70/100 | 403 | +0.369% | $2,130 | Strong 😀 |
| VA | 68/100 | 121 | -0.619% | $3,113 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 292 loans, Score: 43/100 (Sound)
- Refinance: 1,904 loans, Score: 75/100 (Strong)

**FHA:**
- Refinance: 387 loans, Score: 82/100 (Exceptional)

**VA:**
- Refinance: 106 loans, Score: 81/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 43/100 | 325 | $107M | +0.385% | Sound ☺️ |
| Refinance | 75/100 | 2,404 | $637M | +0.239% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 277 | 0.08% | 65/100 |
| FL | 203 | 0.07% | 61/100 |
| CA | 196 | 0.07% | 61/100 |
| GA | 143 | 0.10% | 63/100 |
| PA | 127 | 0.10% | 62/100 |
| AZ | 102 | 0.10% | 60/100 |
| IL | 102 | 0.08% | 59/100 |
| IN | 92 | 0.10% | 58/100 |
| NC | 91 | 0.06% | 56/100 |
| OH | 87 | 0.06% | 56/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 303 | 64/100 |
| Atlanta | GA | 75 | 59/100 |
| Dallas | TX | 72 | 58/100 |
| Phoenix | AZ | 69 | 57/100 |
| Chicago | IL | 61 | 56/100 |
| Houston | TX | 60 | 55/100 |
| Indianapolis | IN | 45 | 55/100 |
| Riverside | CA | 38 | 51/100 |
| Denver | CO | 37 | 51/100 |
| Fort Worth | TX | 35 | 53/100 |
| Los Angeles | CA | 34 | 50/100 |
| St. Louis, MO | MO-IL | 33 | 52/100 |
| Baltimore | MD | 32 | 51/100 |
| New York | NY-NJ | 32 | 50/100 |
| Charlotte | NC-SC | 31 | 50/100 |

## Frequently Asked Questions

### What loan types does PHH Mortgage Corporation offer?

PHH Mortgage Corporation 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 PHH Mortgage Corporation offer mortgages?

PHH Mortgage Corporation is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are PHH Mortgage Corporation's mortgage rates?

PHH Mortgage Corporation has a pricing score of 35/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.256% above market average.

### What type of lender is PHH Mortgage Corporation?

PHH Mortgage Corporation is a non-depository lender that specializes in mortgage origination, headquartered in Mount Laurel, NJ.

### What is PHH Mortgage Corporation's loan approval success rate?

PHH Mortgage Corporation has a pull-through score of 28/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## 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/phh-mortgage

### How to Cite

> "PHH Mortgage Corporation Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/phh-mortgage

---

**[View Interactive Profile →](https://saferate.com/lenders/phh-mortgage)**