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DELMAR FINANCIAL COMPANY

Independent Mortgage Company|St. Louis, MO|Near-National
Loans Originated
2,103
Applications
2,877
Volume
$580 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarPurchase SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.362%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,748
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
73.1%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA loans
  • Nationwide availability with consistent service

Report Card

DELMAR FINANCIAL COMPANY performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Jumbo
SoundIndustry Standard
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundNear-National · 19 metro areas · 34 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$275,804
Average Borrower Income
$123,772
Average Property Value
$339,798

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
1,35964.6%+0.336%$1,664
FHA Loans
Strong
Strong
Sound
Strong
44721.3%+0.729%$2,162
VA Loans
Strong
Strong
Sound
Strong
25011.9%-0.210%$1,456
Jumbo Loans
Acceptable
Sound
N/A
Acceptable
140.7%+0.304%$2,396
USDA Loans
Acceptable
Sound
Acceptable
Acceptable
331.6%+0.591%$1,864

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Sound
Strong
1,83987.4%+0.386%$1,836
Refinance
Strong
Strong
Sound
Strong
26412.6%+0.217%$1,218

Geographic Coverage

Metro Areas
18
States Served
34
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
St. Louis, MO, MO-ILMSA
Volume: 1,006Mix: 47.84%
Place Specialization
Exceptional
2
Columbia, SC, SCMSA
Volume: 83Mix: 3.95%
Place Specialization
Strong
3
Gulfport, MSMSA
Volume: 58Mix: 2.76%
Place Specialization
Strong
4
Tallahassee, FL, FLMSA
Volume: 53Mix: 2.52%
Place Specialization
Strong
5
Greenville, SCMSA
Volume: 59Mix: 2.81%
Place Specialization
Strong
6
Kansas City, MO, MO-KSMSA
Volume: 76Mix: 3.61%
Place Specialization
Strong
7
Lincoln, NE, NEMSA
Volume: 45Mix: 2.14%
Place Specialization
Strong
8
Raleigh, NCMSA
Volume: 50Mix: 2.38%
Place Specialization
Sound
9
Cape Girardeau, MO, MO-ILMSA
Volume: 20Mix: 0.95%
Place Specialization
Sound
10
Charleston, SCMSA
Volume: 25Mix: 1.19%
Place Specialization
Sound
Showing 10 of 18 metro areas

Top States by Place Specialization Score

1
ILState
Volume: 597Mix: 28.39%
Place Specialization
Exceptional
2
MOState
Volume: 585Mix: 27.82%
Place Specialization
Strong
3
SCState
Volume: 216Mix: 10.27%
Place Specialization
Strong
4
NEState
Volume: 102Mix: 4.85%
Place Specialization
Strong
5
TNState
Volume: 111Mix: 5.28%
Place Specialization
Strong
6
MSState
Volume: 68Mix: 3.23%
Place Specialization
Strong
7
NCState
Volume: 122Mix: 5.80%
Place Specialization
Sound
8
FLState
Volume: 105Mix: 4.99%
Place Specialization
Sound
9
KSState
Volume: 38Mix: 1.81%
Place Specialization
Sound
10
MIState
Volume: 46Mix: 2.19%
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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