# RAPID MORTGAGE COMPANY

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


RAPID MORTGAGE COMPANY is a independent mortgage company, headquartered in CINCINNATI, OH, serving borrowers across 10 states, with 831 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 88% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 42% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300KJKBXR3PD3QQ56
- **Headquarters:** CINCINNATI, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 10
- **State List:** DE, FL, GA, IL, IN, KY, NC, OH, PA, SC
- **Markets (MSAs):** 9
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 12/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.697%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,836
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 831
- **Dollar Volume:** $212 million
- **Applications Received:** 1,176
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $255,000
- **Average Borrower Income:** $102,805
- **Average Property Value:** $303,123

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 56/100 | 522 | +0.630% | $3,667 | Sound ☺️ |
| FHA | 71/100 | 232 | +1.137% | $4,715 | Strong 😀 |
| VA | 68/100 | 62 | +0.130% | $3,031 | Strong 😀 |
| USDA | 72/100 | 15 | +0.476% | $3,576 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 489 loans, Score: 58/100 (Sound)
- Refinance: 33 loans, Score: 41/100 (Sound)

**FHA:**
- Purchase: 220 loans, Score: 72/100 (Strong)

**VA:**
- Purchase: 61 loans, Score: 69/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 62/100 | 785 | $201M | +0.697% | Strong 😀 |
| Refinance | 42/100 | 46 | $11M | +0.694% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 625 | 0.46% | 82/100 |
| NC | 72 | 0.05% | 57/100 |
| SC | 37 | 0.05% | 53/100 |
| IN | 30 | 0.03% | 49/100 |
| KY | 25 | 0.05% | 49/100 |
| PA | 25 | 0.02% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cincinnati, OH |  | 233 | 83/100 |
| Columbus, OH | OH | 231 | 81/100 |
| Non |  | 136 | 57/100 |
| Charlotte | NC-SC | 42 | 57/100 |
| Youngstown | OH | 33 | 59/100 |
| Dayton | OH | 31 | 55/100 |
| Lake County | IN | 27 | 57/100 |
| Greenville | SC | 16 | 47/100 |
| Montgomery County | PA | 12 | 42/100 |

## Where This Lender Ranks

RAPID MORTGAGE COMPANY appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#11** in Cincinnati, OH for USDA Loans
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/usda-loans)
- 🏆 **#11** in Cincinnati, OH for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cincinnati-oh/best-mortgage-lenders/mortgage-companies/usda-loans)

## Frequently Asked Questions

### What loan types does RAPID MORTGAGE COMPANY offer?

RAPID MORTGAGE COMPANY 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 RAPID MORTGAGE COMPANY offer mortgages?

RAPID MORTGAGE COMPANY offers mortgages in 10 states: DE, FL, GA, IL, IN, KY, NC, OH, PA, SC.

### How competitive are RAPID MORTGAGE COMPANY's mortgage rates?

RAPID MORTGAGE COMPANY has a pricing score of 12/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.697% above market average.

### What type of lender is RAPID MORTGAGE COMPANY?

RAPID MORTGAGE COMPANY is a non-depository lender that specializes in mortgage origination, headquartered in CINCINNATI, OH.

### What is RAPID MORTGAGE COMPANY's loan approval success rate?

RAPID MORTGAGE COMPANY has a pull-through score of 58/100 (Sound). 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/rapid-mortgage

### How to Cite

> "RAPID MORTGAGE COMPANY Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/rapid-mortgage

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