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1ST FINANCIAL, INC.

Independent Mortgage Company|Linthicum, MD|Multi-Region
Loans Originated
307
Applications
600
Volume
$136 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Mediocre
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.946%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$5,514
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
51.2%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Rates typically 95 basis points above market average
  • Higher than average fees ($5,514)

Report Card

1ST FINANCIAL, INC. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
MediocreBelow peers
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
AcceptableNear industry average
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundMulti-Regional · 6 metro areas · 6 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$443,013
Average Borrower Income
$151,873
Average Property Value
$512,883

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
Mediocre
Acceptable
16654.1%+0.948%$5,300
FHA Loans
Acceptable
Strong
Mediocre
Sound
12641.0%+1.043%$5,533
VA Loans
Acceptable
Acceptable
N/A
N/A
113.6%+0.188%$7,074

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
Mediocre
Acceptable
27990.9%+0.949%$5,535
Refinance
Acceptable
Acceptable
N/A
Acceptable
289.1%+0.902%$5,247

Geographic Coverage

Metro Areas
6
States Served
6
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

DCFLMDPATXVA

Top Metro Areas by Place Specialization Score

1
Miami, FLMSA
Volume: 132Mix: 43.00%
Place Specialization
Strong
2
Fort Lauderdale, FLMSA
Volume: 47Mix: 15.31%
Place Specialization
Strong
3
Baltimore, MDMSA
Volume: 24Mix: 7.82%
Place Specialization
Sound
4
Cape Coral, FLMSA
Volume: 14Mix: 4.56%
Place Specialization
Sound
5
Washington, DC, DC-MDMSA
Volume: 12Mix: 3.91%
Place Specialization
Sound
6
Tampa, FL, FLMSA
Volume: 14Mix: 4.56%
Place Specialization
Sound

Top States by Place Specialization Score

1
FLState
Volume: 246Mix: 80.13%
Place Specialization
Strong
2
MDState
Volume: 49Mix: 15.96%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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