# COMPASS MORTGAGE, INC.

> **Canonical URL:** https://saferate.com/lenders/compass-mortgage

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

COMPASS MORTGAGE, INC. is a independent mortgage company, headquartered in WINFIELD, IL, serving borrowers across 21 states, with 1,219 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 77% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 18% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300V8CF81JGIV7038
- **Headquarters:** WINFIELD, IL
- **Geographic Reach:** Multi-Region
- **States Served:** 21
- **State List:** AL, AZ, CA, CO, FL, GA, IA, IL, IN, KY, MI, MN, NC, OH, SC, SD, TN, TX, VA, WA, WI
- **Markets (MSAs):** 11
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 23/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.556%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,600
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,219
- **Dollar Volume:** $375 million
- **Applications Received:** 1,514
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $307,617
- **Average Borrower Income:** $144,615

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 73/100 | 861 | +0.508% | $2,451 | Strong 😀 |
| FHA | 77/100 | 268 | +0.814% | $3,135 | Strong 😀 |
| VA | 68/100 | 62 | +0.065% | $2,655 | Strong 😀 |
| USDA | 51/100 | 19 | +0.737% | $1,944 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 717 loans, Score: 72/100 (Strong)
- Refinance: 144 loans, Score: 67/100 (Strong)

**FHA:**
- Purchase: 248 loans, Score: 78/100 (Strong)
- Refinance: 20 loans, Score: 69/100 (Strong)

**VA:**
- Purchase: 58 loans, Score: 68/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 76/100 | 1,050 | $321M | +0.594% | Strong 😀 |
| Refinance | 67/100 | 169 | $54M | +0.365% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 904 | 0.72% | 87/100 |
| TN | 65 | 0.07% | 57/100 |
| IA | 64 | 0.18% | 58/100 |
| FL | 47 | 0.02% | 48/100 |
| WI | 19 | 0.03% | 44/100 |
| TX | 16 | 0.00% | 37/100 |
| MI | 15 | 0.01% | 41/100 |
| IN | 14 | 0.02% | 40/100 |
| KY | 14 | 0.03% | 42/100 |
| AL | 10 | 0.02% | 38/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Chicago | IL | 537 | 84/100 |
| Elgin, IL | IL | 173 | 87/100 |
| Bloomington, IL | IL | 102 | 74/100 |
| Non |  | 73 | 45/100 |
| Des Moines | IA | 50 | 60/100 |
| Nashville | TN | 39 | 56/100 |
| Port St. Lucie, FL | FL | 17 | 49/100 |
| Lake County, IL | IL | 16 | 49/100 |
| Knoxville, TN | TN | 14 | 44/100 |
| Rockford, IL | IL | 13 | 45/100 |
| Peoria, IL | IL | 10 | 41/100 |

## Frequently Asked Questions

### What loan types does COMPASS MORTGAGE, INC. offer?

COMPASS MORTGAGE, INC. offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does COMPASS MORTGAGE, INC. offer mortgages?

COMPASS MORTGAGE, INC. offers mortgages in 21 states: AL, AZ, CA, CO, FL, GA, IA, IL, IN, KY, MI, MN, NC, OH, SC, SD, TN, TX, VA, WA, WI.

### How competitive are COMPASS MORTGAGE, INC.'s mortgage rates?

COMPASS MORTGAGE, INC. has a pricing score of 23/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.556% above market average.

### What type of lender is COMPASS MORTGAGE, INC.?

COMPASS MORTGAGE, INC. is a non-depository lender that specializes in mortgage origination, headquartered in WINFIELD, IL.

### What is COMPASS MORTGAGE, INC.'s loan approval success rate?

COMPASS MORTGAGE, INC. has a pull-through score of 82/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/compass-mortgage

### How to Cite

> "COMPASS MORTGAGE, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/compass-mortgage

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