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ATLANTIC BAY MORTGAGE GROUP, L.L.C.
Independent Mortgage Company|VIRGINIA BEACH, VA|Multi-Region
Loans Originated
11,122
Applications
13,940
Volume
$3 billion
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Exceptional
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.376%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,377
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
79.8%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
Things to Think About
- Pricing may be below industry average
Report Card
ATLANTIC BAY MORTGAGE GROUP, L.L.C. performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Exceptional | Market Leader | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Multi-Regional · 50 metro areas · 16 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$337,625
Average Borrower Income
$137,372
Average Property Value
$417,190
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Acceptable | Exceptional | 6,294 | 56.6% | +0.367% | $3,412 |
FHA Loans | Strong | Exceptional | Acceptable | Exceptional | 2,689 | 24.2% | +0.693% | $3,555 |
VA Loans | Strong | Exceptional | Acceptable | Exceptional | 1,719 | 15.5% | -0.222% | $2,954 |
Jumbo Loans | Sound | Exceptional | Acceptable | Strong | 166 | 1.5% | +0.246% | $2,601 |
USDA Loans | Sound | Exceptional | Mediocre | Strong | 254 | 2.3% | +0.440% | $2,987 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Acceptable | Exceptional | 10,429 | 93.8% | +0.380% | $3,353 |
Refinance | Sound | Strong | Acceptable | Strong | 693 | 6.2% | +0.321% | $3,704 |
Geographic Coverage
Metro Areas
49
States Served
16
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALDCDEFLGAINKYMDNCNJPASCTNTXVAWV
Top Metro Areas by Place Specialization Score
1
Virginia Beach, VA-NCMSA
Volume: 1,813Mix: 16.30%
Place Specialization
Exceptional
2
Roanoke, VA, VAMSA
Volume: 396Mix: 3.56%
Place Specialization
Exceptional
3
Bowling Green, KY, KYMSA
Volume: 276Mix: 2.48%
Place Specialization
Exceptional
4
Goldsboro, NC, NCMSA
Volume: 156Mix: 1.40%
Place Specialization
Exceptional
5
Winston, NCMSA
Volume: 604Mix: 5.43%
Place Specialization
Exceptional
6
Rocky Mount, NC, NCMSA
Volume: 112Mix: 1.01%
Place Specialization
Exceptional
7
Wilmington, NC, NCMSA
Volume: 351Mix: 3.16%
Place Specialization
Exceptional
8
Greensboro, NCMSA
Volume: 516Mix: 4.64%
Place Specialization
Exceptional
9
Charlotte, NC-SCMSA
Volume: 1,097Mix: 9.86%
Place Specialization
Exceptional
10
Warner Robins, GA, GAMSA
Volume: 173Mix: 1.56%
Place Specialization
Exceptional
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
VAState
Volume: 3,596Mix: 32.33%
Place Specialization
Exceptional
2
NCState
Volume: 4,640Mix: 41.72%
Place Specialization
Exceptional
3
SCState
Volume: 838Mix: 7.53%
Place Specialization
Exceptional
4
GAState
Volume: 883Mix: 7.94%
Place Specialization
Strong
5
KYState
Volume: 463Mix: 4.16%
Place Specialization
Strong
6
MDState
Volume: 190Mix: 1.71%
Place Specialization
Strong
7
ALState
Volume: 141Mix: 1.27%
Place Specialization
Strong
8
FLState
Volume: 202Mix: 1.82%
Place Specialization
Sound
9
DCState
Volume: 25Mix: 0.22%
Place Specialization
Sound
10
INState
Volume: 41Mix: 0.37%
Place Specialization
Sound
Showing 10 of 12 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.
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