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3RD STREET FINANCIAL CORP.

Independent Mortgage Company|West Chester, OH|Regional
Loans Originated
168
Applications
293
Volume
$52 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.291%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$181
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
57.3%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees

Report Card

3RD STREET FINANCIAL CORP. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
FHA
SoundIndustry Standard
VA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Places
Geographic coverage
SoundRegional · 4 metro areas · 5 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$313,750
Average Borrower Income
$126,625
Average Property Value
$397,679

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Strong
Acceptable
10361.3%+0.249%$444
FHA Loans
Sound
Sound
Strong
Sound
4728.0%+0.556%-$969
VA Loans
Sound
Sound
N/A
Sound
137.7%-0.455%$700

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Strong
Acceptable
168100.0%+0.291%$181

Geographic Coverage

Metro Areas
3
States Served
5
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

FLINKYOHTN

Top Metro Areas by Place Specialization Score

1
Cincinnati, OHMSA
Volume: 114Mix: 67.86%
Place Specialization
Strong
2
Nashville, TNMSA
Volume: 17Mix: 10.12%
Place Specialization
Sound
3
Dayton, OHMSA
Volume: 12Mix: 7.14%
Place Specialization
Sound

Top States by Place Specialization Score

1
OHState
Volume: 125Mix: 74.40%
Place Specialization
Strong
2
TNState
Volume: 34Mix: 20.24%
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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