What loan types does Direct Mortgage Loans offer?

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

Where does Direct Mortgage Loans offer mortgages?

Direct Mortgage Loans offers mortgages in 28 states: AL, AZ, CA, DC, DE, FL, GA, IL, IN, KS, KY, MA, MD, MI, MS, NC, NJ, NV, OH, OR, PA, SC, TN, TX, VA, WA, WV, WY.

How competitive are Direct Mortgage Loans's mortgage rates?

Direct Mortgage Loans has an overall pricing score of 16.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Direct Mortgage Loans?

Direct Mortgage Loans is a Independent Mortgage Company headquartered in HUNT VALLEY, MD.

Unclaimed

Direct Mortgage Loans

Independent Mortgage Company•Hunt Valley, MDHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Direct Mortgage Loans — 2.3k loans across 3k 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

Exceptional

5/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Sound

3/5

Near-National · 22 mkts

Awards

FHA

Superstar

Summary

What They Do Well

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

Things to Think About

Pricing may be below industry average
Higher than average fees ($4,275)

Explore another lender or local market

Report Card

Direct Mortgage Loans performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Mediocre

+49.3 bps above market avg

Pull Through

Closing strength

Exceptional

Top 20% of lenders

By Loan Product· Specialization by type

Conventional

Strong

Top 40% of lenders

FHA

Exceptional

Top 20% of lenders

Strong

Top 40% of lenders

Jumbo

Sound

Top 60% of lenders

USDA

Exceptional

Top 20% 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

Near-National · 23 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	Mediocre	Strong	1,256	55.0%	+0.424%Above	$4,139Fees
FHA Loans	Strong	Exceptional	Mediocre	Exceptional	788	34.5%	+0.717%Above	$4,478Fees
VA Loans	Sound	Strong	Mediocre	Strong	172	7.5%	+0.037%Above	$4,728Fees
Jumbo Loans	Sound	Sound	—	—	16	0.7%	+0.971%Above	$5,406Fees
USDA Loans	Strong	Exceptional	—	Strong	51	2.2%	+0.832%Above	$3,402Fees

Conventional

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Strong

Volume1,256

Mix55.0%

Spread

+0.424%Above

Fees

$4,139Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Mediocre

Pull Through

Exceptional

Volume788

Mix34.5%

Spread

+0.717%Above

Fees

$4,478Fees

VA Loans

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Strong

Volume172

Mix7.5%

Spread

+0.037%Above

Fees

$4,728Fees

Jumbo Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through—

Volume16

Mix0.7%

Spread

+0.971%Above

Fees

$5,406Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing—

Pull Through

Strong

Volume51

Mix2.2%

Spread

+0.832%Above

Fees

$3,402Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Strong	Mediocre	Strong	2,164	94.8%	+0.506%Above	$4,314Fees
Refinance	Sound	Sound	Acceptable	Strong	119	5.2%	+0.305%Above	$3,719Fees

Purchase

Overall

Sound

Product

Strong

Pricing

Mediocre

Pull Through

Strong

Volume2,164

Mix94.8%

Spread

+0.506%Above

Fees

$4,314Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume119

Mix5.2%

Spread

+0.305%Above

Fees

$3,719Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

2,283

Applications

2,806

Volume

$758 million

Pricing & Closing

Avg Rate Spread

+0.493%

vs. market APOR

Avg Net Fees

$4,275

Origination − Credits

Pullthrough Rate

81.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$332,311

Avg Borrower Income

$131,218

Avg Property Value

$398,066

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

Northeast3

MANJPA

Midwest5

ILINKSMIOH

South14

ALDCDEFLGAKYMDMSNCSCTNTXVAWV

West6

AZCANVORWAWY

Top Metro Areas by Place Specialization Score

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

Lake County, INMetro

Volume 207Mix 9.07% of portfolio

90/100

Exceptional

2© Andrew Parlette from Elkridge,MD, US · CC BY 2.0

Baltimore, MDMetro

Volume 566Mix 24.79% of portfolio

88/100

Exceptional

3© WeaponizingArchitecture · CC BY-SA 4.0

Charleston, SCMetro

Volume 212Mix 9.29% of portfolio

85/100

Exceptional

4© Unknown · Public domain

Chambersburg, PAMetro

Volume 41Mix 1.80% of portfolio

75/100

Strong

Frederick, MDMetro

Volume 97Mix 4.25% of portfolio

74/100

Strong

Palm Bay, FLMetro

Volume 92Mix 4.03% of portfolio

71/100

Strong

Washington, DC, DC-MDMetro

Volume 87Mix 3.81% of portfolio

70/100

Strong

Phoenix, AZMetro

Volume 191Mix 8.37% of portfolio

69/100

Strong

Mobile, ALMetro

Volume 48Mix 2.10% of portfolio

68/100

Strong

Hagerstown, MD-WVMetro

Volume 56Mix 2.45% of portfolio

68/100

Strong

Showing 10 of 22 metro areas

Top States by Place Specialization Score

MarylandState

Volume 881Mix 38.59% of portfolio

87/100

Exceptional

South CarolinaState

Volume 241Mix 10.56% of portfolio

74/100

Strong

IndianaState

Volume 288Mix 12.61% of portfolio

72/100

Strong

ArizonaState

Volume 212Mix 9.29% of portfolio

69/100

Strong

PennsylvaniaState

Volume 94Mix 4.12% of portfolio

59/100

Sound

AlabamaState

Volume 61Mix 2.67% of portfolio

58/100

Sound

Washington, DCState

Volume 34Mix 1.49% of portfolio

58/100

Sound

FloridaState

Volume 133Mix 5.83% of portfolio

57/100

Sound

DelawareState

Volume 38Mix 1.66% of portfolio

55/100

Sound

OhioState

Volume 70Mix 3.07% of portfolio

55/100

Sound

Showing 10 of 15 states

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.