What loan types does DIRECT MORTGAGE LOANS, LLC offer?

DIRECT MORTGAGE LOANS, LLC 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, LLC offer mortgages?

DIRECT MORTGAGE LOANS, LLC 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, LLC's mortgage rates?

DIRECT MORTGAGE LOANS, LLC 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, LLC?

DIRECT MORTGAGE LOANS, LLC is a Independent Mortgage Company headquartered in HUNT VALLEY, MD.

Unclaimed

Direct Mortgage Loans, LLC

Independent Mortgage Company•HUNT VALLEY, MD•Direct to Consumer

We analyzed every closed loan from Direct Mortgage Loans — 2.3k loans across 3k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing

Mediocre

vs. all lenders

Pull Through

Exceptional

closing strength

Products

Exceptional

FHA · Conventional · VA · Jumbo · USDA

Place

Sound

Near-National · 22 mkts

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Safe Rate's 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, LLC performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Mediocre	Below peers +49.3 bps above market avg
Pull Through Closing strength	Exceptional	Market Leader Top 20% of lenders
By Loan Product· Specialization by type
Conventional	Strong	Highly Competitive Top 40% of lenders
FHA	Exceptional	Market Leader Top 20% of lenders
VA	Strong	Highly Competitive Top 40% of lenders
Jumbo	Sound	Industry Standard Top 60% of lenders
USDA	Exceptional	Market Leader Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase	Strong	Highly Competitive Top 40% of lenders
Refinance	Sound	Industry Standard Top 60% of lenders
By Location· Geographic coverage
Geographic Reach Coverage footprint	Strong	Highly Competitive Top 40% of lenders Near-National23 markets

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	Sound	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

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

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

States Served

We count Washington DC as a state

Avg Place Specialization

Sound

States with Loan Originations

ALAZCADCDEFLGAILINKSKYMAMDMIMSNCNJNVOHORPASCTNTXVAWAWVWY

Top Metro Areas by Place Specialization Score

Lake County, INMSA

Volume: 207Mix: 9.07%of portfolio

Place

Exceptional

Baltimore, MDMSA

Volume: 566Mix: 24.79%of portfolio

Place

Exceptional

Charleston, SCMSA

Volume: 212Mix: 9.29%of portfolio

Place

Exceptional

Chambersburg, PA, PAMSA

Volume: 41Mix: 1.80%of portfolio

Place

Strong

Frederick, MDMSA

Volume: 97Mix: 4.25%of portfolio

Place

Strong

Palm Bay, FLMSA

Volume: 92Mix: 4.03%of portfolio

Place

Strong

Washington, DC, DC-MDMSA

Volume: 87Mix: 3.81%of portfolio

Place

Strong

Phoenix, AZMSA

Volume: 191Mix: 8.37%of portfolio

Place

Strong

Mobile, AL, ALMSA

Volume: 48Mix: 2.10%of portfolio

Place

Strong

Hagerstown, MD-WVMSA

Volume: 56Mix: 2.45%of portfolio

Place

Strong

Showing 10 of 22 metro areas

Top States by Place Specialization Score

MDState

Volume: 881Mix: 38.59%of portfolio

Place

Exceptional

SCState

Volume: 241Mix: 10.56%of portfolio

Place

Strong

INState

Volume: 288Mix: 12.61%of portfolio

Place

Strong

AZState

Volume: 212Mix: 9.29%of portfolio

Place

Strong

PAState

Volume: 94Mix: 4.12%of portfolio

Place

Sound

ALState

Volume: 61Mix: 2.67%of portfolio

Place

Sound

DCState

Volume: 34Mix: 1.49%of portfolio

Place

Sound

FLState

Volume: 133Mix: 5.83%of portfolio

Place

Sound

DEState

Volume: 38Mix: 1.66%of portfolio

Place

Sound

OHState

Volume: 70Mix: 3.07%of portfolio

Place

Sound

Showing 10 of 15 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)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

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 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

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.