A
Absolute Home Mortgage Corporation
Independent Mortgage Company•Fairfield, NJ•Direct to Consumer
We analyzed every closed loan from Absolute Home Mortgage — 2.9k loans across 4k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.
Pricing
Mediocre
vs. all lenders
Pull Through
Strong
closing strength
Products
Exceptional
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
Multi-Region · 29 mkts
Shopping for a Mortgage?
Save Absolute Home Mortgage or ask our AI assistant to explore your options.
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA loans
Things to Think About
- Rates typically 55 basis points above market average
Explore another lender or local market
Report Card
Absolute Home Mortgage Corporation performance at a glance
| Category | Score | vs. Peers |
|---|---|---|
Overall Performance· Pricing & closing strength | ||
Pricing Rate competitiveness | Below peers +54.5 bps above market avg | |
Pull Through Closing strength | Highly Competitive Top 40% of lenders | |
By Loan Product· Specialization by type | ||
Conventional | Highly Competitive Top 40% of lenders | |
FHA | Market Leader Top 20% of lenders | |
VA | Highly Competitive Top 40% of lenders | |
Jumbo | Industry Standard Top 60% of lenders | |
USDA | Industry Standard Top 60% of lenders | |
By Loan Purpose· Transaction purpose mix | ||
Purchase | Highly Competitive Top 40% of lenders | |
Refinance | Highly Competitive Top 40% of lenders | |
By Location· Geographic coverage | ||
Geographic Reach Coverage footprint | Industry Standard Top 60% of lenders Multi-Regional30 markets | |
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 1,762 | 61.1% | +0.425%Above | $3,415Fees | ||||
FHA Loans | 981 | 34.0% | +0.773%Above | $3,933Fees | ||||
VA Loans | 104 | 3.6% | +0.125%Above | $4,435Fees | ||||
Jumbo Loans | — | 14 | 0.5% | +0.105%Above | $1,634Fees | |||
USDA Loans | — | 21 | 0.7% | +0.768%Above | $3,039Fees |
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 2,635 | 91.4% | +0.555%Above | $3,614Fees | ||||
Refinance | 247 | 8.6% | +0.426%Above | $3,697Fees |
At a Glance
Lender Overview
Lending Activity
Loans Originated
2,882
Applications
4,132
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
+0.545%
vs. market APOR
Avg Net Fees
$3,620
Origination − Credits
Pullthrough Rate
69.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$353,845
Avg Borrower Income
$136,865
Avg Property Value
$435,163
Geographic Coverage
Geographic Performance
Metro Areas
29
States Served
24
We count Washington DC as a state
Avg Place Specialization
States with Loan Originations
ALAZCACODEFLGAILMAMDMEMINCNHNJNYOHPASCTNTXVAVTWV
Top Metro Areas by Place Specialization Score
1
Newark, NJ, NJMSA
Volume: 364Mix: 12.63%of portfolio
Place
Exceptional2
Camden, NJ, NJMSA
Volume: 415Mix: 14.40%of portfolio
Place
Exceptional3
Lakewood, NJMSA
Volume: 399Mix: 13.84%of portfolio
Place
Exceptional4
West Palm Beach, FLMSA
Volume: 144Mix: 5.00%of portfolio
Place
Strong5
New York, NY-NJMSA
Volume: 244Mix: 8.47%of portfolio
Place
Strong6
Trenton, NJMSA
Volume: 52Mix: 1.80%of portfolio
Place
Strong7
Allentown, PA-NJMSA
Volume: 84Mix: 2.91%of portfolio
Place
Strong8
Philadelphia, PA, PAMSA
Volume: 113Mix: 3.92%of portfolio
Place
Strong9
Scranton, PAMSA
Volume: 51Mix: 1.77%of portfolio
Place
Strong10
Wilmington, DEMSA
Volume: 64Mix: 2.22%of portfolio
Place
StrongShowing 10 of 29 metro areas
Top States by Place Specialization Score
1
NJState
Volume: 1,540Mix: 53.44%of portfolio
Place
Exceptional2
PAState
Volume: 301Mix: 10.44%of portfolio
Place
Strong3
FLState
Volume: 471Mix: 16.34%of portfolio
Place
Strong4
NYState
Volume: 233Mix: 8.08%of portfolio
Place
Strong5
DEState
Volume: 73Mix: 2.53%of portfolio
Place
Strong6
OHState
Volume: 58Mix: 2.01%of portfolio
Place
Sound7
SCState
Volume: 43Mix: 1.49%of portfolio
Place
Sound8
TNState
Volume: 44Mix: 1.53%of portfolio
Place
Sound9
NCState
Volume: 33Mix: 1.15%of portfolio
Place
Sound10
GAState
Volume: 23Mix: 0.80%of portfolio
Place
SoundShowing 10 of 11 states
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.
Looking for a different lender?
Are you the owner of Absolute Home Mortgage Corporation?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.