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BOND STREET MORTGAGE, LLC

Independent Mortgage Company|WILMINGTON, DE|Multi-Region
Loans Originated
763
Applications
1,094
Volume
$349 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Sound
Safe Rate AwardsFHA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.327%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,888
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pricing may be below industry average

Report Card

BOND STREET MORTGAGE, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
SoundIndustry Standard
Jumbo
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 7 metro areas · 17 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$457,962
Average Borrower Income
$212,932
Average Property Value
$610,190

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Acceptable
Sound
59778.2%+0.317%$2,803
FHA Loans
Strong
Strong
Sound
Strong
13617.8%+0.413%$3,345
VA Loans
Sound
Sound
N/A
Sound
192.5%-0.129%$3,012
Jumbo Loans
Sound
Sound
N/A
N/A
101.3%+0.528%$1,436

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Sound
65686.0%+0.317%$2,776
Refinance
Acceptable
Sound
Mediocre
Sound
10714.0%+0.392%$3,607

Geographic Coverage

Metro Areas
6
States Served
17
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

CACTDEFLGAMAMDMINCNJNYOHPASCTXVAWI

Top Metro Areas by Place Specialization Score

1
New York, NY-NJMSA
Volume: 290Mix: 38.01%
Place Specialization
Exceptional
2
Newark, NJ, NJMSA
Volume: 144Mix: 18.87%
Place Specialization
Strong
3
Lakewood, NJMSA
Volume: 160Mix: 20.97%
Place Specialization
Strong
4
Trenton, NJMSA
Volume: 19Mix: 2.49%
Place Specialization
Sound
5
Camden, NJ, NJMSA
Volume: 23Mix: 3.01%
Place Specialization
Sound
6
Allentown, PA-NJMSA
Volume: 14Mix: 1.83%
Place Specialization
Sound

Top States by Place Specialization Score

1
NJState
Volume: 648Mix: 84.93%
Place Specialization
Exceptional
2
NYState
Volume: 26Mix: 3.41%
Place Specialization
Sound
3
PAState
Volume: 26Mix: 3.41%
Place Specialization
Sound
4
FLState
Volume: 28Mix: 3.67%
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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