What loan types does Cortrust Mortgage offer?

Cortrust Mortgage offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing score and performance metrics.

Where does Cortrust Mortgage offer mortgages?

Cortrust Mortgage offers mortgages in 13 states: AR, FL, IA, IL, MI, MN, NC, ND, NE, OH, PA, SD, WI.

How competitive are Cortrust Mortgage's mortgage rates?

Cortrust Mortgage has an overall pricing score of 59.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Cortrust Mortgage?

Cortrust Mortgage is a Independent Mortgage Company headquartered in SIOUX FALLS, SD.

Unclaimed

Cortrust Mortgage

Independent Mortgage Company•Sioux Falls, SDHQ•Direct•Reviews near you on Google

Cortrust Mortgage has 388 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional · VA

Place

Sound

3/5

Multi-Region · 3 mkts

Awards

Conventional

Superstar

FHA

Superstar

Purchase

Superstar

Summary

What They Do Well

Strong pull through performance
Particularly strong in Conventional and FHA loans

Explore another lender or local market

Report Card

Cortrust Mortgage performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

Rates 7.8 bps below market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Strong

Top 40% of lenders

FHA

Strong

Top 40% of lenders

Acceptable

Bottom 40% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Strong

Top 40% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 4 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Strong	Sound	Strong	328	84.5%	-0.102%Below	$2,877Fees
FHA Loans	Strong	Strong	Strong	Strong	42	10.8%	+0.432%Above	$1,013Fees
VA Loans	Acceptable	Acceptable	—	—	12	3.1%	-0.436%Below	$1,703Fees

Conventional

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume328

Mix84.5%

Spread

-0.102%Below

Fees

$2,877Fees

FHA Loans

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Strong

Volume42

Mix10.8%

Spread

+0.432%Above

Fees

$1,013Fees

VA Loans

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through—

Volume12

Mix3.1%

Spread

-0.436%Below

Fees

$1,703Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Strong	Sound	Strong	349	89.9%	-0.083%Below	$2,685Fees
Refinance	Sound	Sound	Strong	Sound	39	10.1%	-0.035%Below	$2,504Fees

Purchase

Overall

Strong

Product

Strong

Pricing

Sound

Pull Through

Strong

Volume349

Mix89.9%

Spread

-0.083%Below

Fees

$2,685Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume39

Mix10.1%

Spread

-0.035%Below

Fees

$2,504Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

388

Applications

501

Volume

$101 million

Pricing & Closing

Avg Rate Spread

-0.078%

vs. market APOR

Avg Net Fees

$2,664

Origination − Credits

Pullthrough Rate

77.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$262,010

Avg Borrower Income

$126,258

Avg Property Value

$348,093

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast1

Midwest9

IAILMIMNNDNEOHSDWI

South3

ARFLNC

Top Metro Areas by Place Specialization Score

Sioux Falls, SD, SD-MNMetro

Volume 77Mix 19.85% of portfolio

72/100

Strong

Minneapolis, MN-WIMetro

Volume 47Mix 12.11% of portfolio

58/100

Sound

St. Cloud, MNMetro

Volume 12Mix 3.09% of portfolio

46/100

Sound

Top States by Place Specialization Score

South DakotaState

Volume 203Mix 52.32% of portfolio

82/100

Exceptional

MinnesotaState

Volume 171Mix 44.07% of portfolio

72/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

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.