# SCHUMACHER MORTGAGE LLC

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


SCHUMACHER MORTGAGE LLC is a independent mortgage company, headquartered in CAMDEN, DE, serving borrowers across 11 states, with 474 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 89% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 46% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300QBX5R3ZBD8FR12
- **Headquarters:** CAMDEN, DE
- **Geographic Reach:** Multi-Region
- **States Served:** 11
- **State List:** GA, IN, KY, LA, NC, OH, PA, SC, TN, TX, WV
- **Markets (MSAs):** 16
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 11/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 54/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.614%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,061
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 474
- **Dollar Volume:** $258 million
- **Applications Received:** 574
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $544,916
- **Average Borrower Income:** $196,831
- **Average Property Value:** $714,768

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 47/100 | 377 | +0.791% | $3,365 | Sound ☺️ |
| FHA | 39/100 | 27 | +0.564% | $-124 | Acceptable 🙂 |
| VA | 65/100 | 58 | -0.277% | $4,629 | Strong 😀 |
| Jumbo | 42/100 | 12 | - | - | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 355 loans, Score: 49/100 (Sound)
- Refinance: 22 loans, Score: 28/100 (Acceptable)

**FHA:**
- Purchase: 24 loans, Score: 38/100 (Acceptable)

**VA:**
- Purchase: 56 loans, Score: 66/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 51/100 | 446 | $244M | +0.668% | Sound ☺️ |
| Refinance | 31/100 | 28 | $14M | +0.602% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 173 | 0.13% | 69/100 |
| NC | 131 | 0.09% | 65/100 |
| SC | 72 | 0.09% | 64/100 |
| PA | 41 | 0.03% | 54/100 |
| IN | 14 | 0.02% | 42/100 |
| TN | 14 | 0.02% | 42/100 |
| LA | 11 | 0.03% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 136 | 59/100 |
| Columbus, OH | OH | 31 | 56/100 |
| Pittsburgh, PA | PA | 25 | 54/100 |
| Charlotte | NC-SC | 21 | 50/100 |
| Durham | NC | 19 | 53/100 |
| Cincinnati, OH |  | 17 | 48/100 |
| Winston | NC | 17 | 50/100 |
| Charleston | SC | 16 | 49/100 |
| Columbia, SC | SC | 14 | 47/100 |
| Greenville | SC | 12 | 44/100 |
| Hilton Head Island | SC | 12 | 48/100 |
| Cleveland, OH | OH | 11 | 43/100 |
| Knoxville, TN | TN | 11 | 43/100 |
| Toledo, OH | OH | 11 | 44/100 |
| Hickory | NC | 10 | 43/100 |

## Frequently Asked Questions

### What loan types does SCHUMACHER MORTGAGE LLC offer?

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

### Where does SCHUMACHER MORTGAGE LLC offer mortgages?

SCHUMACHER MORTGAGE LLC offers mortgages in 11 states: GA, IN, KY, LA, NC, OH, PA, SC, TN, TX, WV.

### How competitive are SCHUMACHER MORTGAGE LLC's mortgage rates?

SCHUMACHER MORTGAGE LLC has a pricing score of 11/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.614% above market average.

### What type of lender is SCHUMACHER MORTGAGE LLC?

SCHUMACHER MORTGAGE LLC is a non-depository lender that specializes in mortgage origination, headquartered in CAMDEN, DE.

### What is SCHUMACHER MORTGAGE LLC's loan approval success rate?

SCHUMACHER MORTGAGE LLC has a pull-through score of 54/100 (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/schumacher-mortgage

### How to Cite

> "SCHUMACHER MORTGAGE LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/schumacher-mortgage

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