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DIRECT MORTGAGE, CORP.

Independent Mortgage Company|Salt Lake City, UT|Multi-Region
Loans Originated
476
Applications
556
Volume
$204 million
Offers loans directly to consumers
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Pullthrough Rate
85.6%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in FHA and VA loans

Report Card

DIRECT MORTGAGE, CORP. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
N/ANo data available
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 9 metro areas · 19 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$429,076
Average Borrower Income
$152,630
Average Property Value
$575,147

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
N/A
Strong
31666.4%
FHA Loans
Strong
Strong
N/A
Exceptional
11624.4%
VA Loans
Strong
Strong
N/A
Strong
336.9%

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
N/A
Strong
39983.8%
Refinance
Sound
Sound
N/A
Strong
7716.2%

Geographic Coverage

Metro Areas
8
States Served
19
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ARAZCACOFLGAIDILINNCNMNVOHORTNTXUTVAWY

Top Metro Areas by Place Specialization Score

1
Salt Lake City, UTMSA
Volume: 171Mix: 35.92%
Place Specialization
Exceptional
2
Ogden, UT, UTMSA
Volume: 52Mix: 10.92%
Place Specialization
Strong
3
Provo, UTMSA
Volume: 55Mix: 11.55%
Place Specialization
Strong
4
Riverside, CAMSA
Volume: 39Mix: 8.19%
Place Specialization
Sound
5
Denver, COMSA
Volume: 22Mix: 4.62%
Place Specialization
Sound
6
Houston, TXMSA
Volume: 24Mix: 5.04%
Place Specialization
Sound
7
St. George, UT, UTMSA
Volume: 10Mix: 2.10%
Place Specialization
Sound
8
Phoenix, AZMSA
Volume: 11Mix: 2.31%
Place Specialization
Sound

Top States by Place Specialization Score

1
UTState
Volume: 317Mix: 66.60%
Place Specialization
Exceptional
2
COState
Volume: 28Mix: 5.88%
Place Specialization
Sound
3
CAState
Volume: 41Mix: 8.61%
Place Specialization
Sound
4
TXState
Volume: 28Mix: 5.88%
Place Specialization
Sound
5
AZState
Volume: 15Mix: 3.15%
Place Specialization
Sound
6
FLState
Volume: 11Mix: 2.31%
Place Specialization
Acceptable

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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