# WATSON MORTGAGE CORP.

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


WATSON MORTGAGE CORP. is a independent mortgage company, headquartered in JACKSONVILLE, FL, with 113 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 65% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300YLA2LNEYNOLN85
- **Headquarters:** JACKSONVILLE, FL
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** FL
- **Markets (MSAs):** 3
- **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: 35/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.246%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,009
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 113
- **Dollar Volume:** $33 million
- **Applications Received:** 205
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $288,274
- **Average Borrower Income:** $123,000
- **Average Property Value:** $363,938

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 32/100 | 82 | +0.235% | $3,031 | Acceptable 🙂 |
| FHA | 52/100 | 18 | +0.612% | $3,099 | Sound ☺️ |
| VA | 56/100 | 13 | -0.152% | $2,716 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 77 loans, Score: 34/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 37/100 | 107 | $31M | +0.247% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 113 | 0.04% | 66/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Jacksonville, FL | FL | 63 | 71/100 |
| Orlando | FL | 16 | 51/100 |
| Deltona | FL | 13 | 53/100 |

## Frequently Asked Questions

### What loan types does WATSON MORTGAGE CORP. offer?

WATSON 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 WATSON MORTGAGE CORP. offer mortgages?

WATSON MORTGAGE CORP. offers mortgages in 1 states: FL.

### How competitive are WATSON MORTGAGE CORP.'s mortgage rates?

WATSON MORTGAGE CORP. 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 0.246% above market average.

### What type of lender is WATSON MORTGAGE CORP.?

WATSON MORTGAGE CORP. is a non-depository lender that specializes in mortgage origination, headquartered in JACKSONVILLE, FL.

### What is WATSON MORTGAGE CORP.'s loan approval success rate?

WATSON MORTGAGE CORP. has a pull-through score of 35/100 (Acceptable). 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/watson-mortgage

### How to Cite

> "WATSON MORTGAGE CORP. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/watson-mortgage

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