What loan types does Diamond Residential Mortgage Corporation offer?

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

Where does Diamond Residential Mortgage Corporation offer mortgages?

Diamond Residential Mortgage Corporation offers mortgages in 18 states: CA, CO, FL, GA, IL, IN, KY, MI, MN, MO, NV, OH, OR, SC, TN, TX, WA, WI.

How competitive are Diamond Residential Mortgage Corporation's mortgage rates?

Diamond Residential Mortgage Corporation has an overall pricing score of 19.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Diamond Residential Mortgage Corporation?

Diamond Residential Mortgage Corporation is a Independent Mortgage Company headquartered in LAKE FOREST, IL.

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Diamond Residential Mortgage Corporation

Independent Mortgage Company•Lake Forest, ILHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Diamond Residential Mortgage Corporation — 1.1k loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Mediocre

1/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional · VA · USDA

Place

Sound

3/5

Multi-Region · 16 mkts

Summary

What They Do Well

Strong pull through performance
Particularly strong in Conventional and FHA and VA and USDA loans

Things to Think About

Rates typically 69 basis points above market average

Explore another lender or local market

Report Card

Diamond Residential Mortgage Corporation performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Mediocre

+69.1 bps above 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

Strong

Top 40% of lenders

USDA

Strong

Top 40% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Strong

Top 40% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 17 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Strong	Acceptable	Strong	666	59.1%	+0.555%Above	$2,748Fees
FHA Loans	Sound	Strong	Mediocre	Exceptional	362	32.1%	+1.063%Above	$3,715Fees
VA Loans	Sound	Strong	Mediocre	Exceptional	57	5.1%	+0.428%Above	$3,205Fees
USDA Loans	Strong	Strong	—	Strong	33	2.9%	+0.758%Above	$1,850Fees

Conventional

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Strong

Volume666

Mix59.1%

Spread

+0.555%Above

Fees

$2,748Fees

FHA Loans

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Exceptional

Volume362

Mix32.1%

Spread

+1.063%Above

Fees

$3,715Fees

VA Loans

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Exceptional

Volume57

Mix5.1%

Spread

+0.428%Above

Fees

$3,205Fees

USDA Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through

Strong

Volume33

Mix2.9%

Spread

+0.758%Above

Fees

$1,850Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Strong	Mediocre	Strong	1,010	89.6%	+0.712%Above	$2,997Fees
Refinance	Sound	Strong	Acceptable	Sound	117	10.4%	+0.533%Above	$3,096Fees

Purchase

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Strong

Volume1,010

Mix89.6%

Spread

+0.712%Above

Fees

$2,997Fees

Refinance

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Sound

Volume117

Mix10.4%

Spread

+0.533%Above

Fees

$3,096Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

1,127

Applications

1,444

Volume

$288 million

Pricing & Closing

Avg Rate Spread

+0.691%

vs. market APOR

Avg Net Fees

$3,009

Origination − Credits

Pullthrough Rate

78.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$256,411

Avg Borrower Income

$116,313

Avg Property Value

$311,238

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

Midwest7

ILINMIMNMOOHWI

South6

FLGAKYSCTNTX

West5

CACONVORWA

Top Metro Areas by Place Specialization Score

1© Richie Diesterheft from Chicago, IL, USA · CC BY 2.0

Lake County, INMetro

Volume 325Mix 28.84% of portfolio

100/100

Exceptional

2© Richie Diesterheft from Chicago, IL, USA · CC BY 2.0

Lake County, ILMetro

Volume 92Mix 8.16% of portfolio

81/100

Exceptional

3© WeaponizingArchitecture · CC BY-SA 4.0

Fort Wayne, INMetro

Volume 83Mix 7.36% of portfolio

68/100

Strong

4© 97angel · CC BY-SA 4.0

Michigan City, INMetro

Volume 26Mix 2.31% of portfolio

66/100

Strong

5© pasa47 · CC BY 2.0

Racine, WIMetro

Volume 30Mix 2.66% of portfolio

60/100

Strong

Atlanta, GAMetro

Volume 65Mix 5.77% of portfolio

60/100

Sound

Chicago, ILMetro

Volume 58Mix 5.15% of portfolio

57/100

Sound

Springfield, ILMetro

Volume 25Mix 2.22% of portfolio

55/100

Sound

Milwaukee, WIMetro

Volume 32Mix 2.84% of portfolio

54/100

Sound

Kenosha, WIMetro

Volume 17Mix 1.51% of portfolio

52/100

Sound

Showing 10 of 16 metro areas

Top States by Place Specialization Score

IndianaState

Volume 501Mix 44.45% of portfolio

80/100

Strong

IllinoisState

Volume 248Mix 22.01% of portfolio

72/100

Strong

WisconsinState

Volume 125Mix 11.09% of portfolio

66/100

Strong

GeorgiaState

Volume 80Mix 7.10% of portfolio

59/100

Sound

MichiganState

Volume 52Mix 4.61% of portfolio

54/100

Sound

ColoradoState

Volume 22Mix 1.95% of portfolio

45/100

Sound

OhioState

Volume 22Mix 1.95% of portfolio

44/100

Sound

WashingtonState

Volume 17Mix 1.51% of portfolio

43/100

Sound

TexasState

Volume 24Mix 2.13% of portfolio

41/100

Sound

FloridaState

Volume 20Mix 1.77% of portfolio

39/100

Acceptable

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.