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EMET LENDING GROUP, INC.

Independent Mortgage Company|BREA, CA|Multi-Region
Loans Originated
1,809
Applications
2,172
Volume
$1 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Mediocre
Overall Pull Through
Exceptional

Pricing and Pullthrough Overview

Average Rate Spread
+0.918%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$4,922
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
83.3%
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 Jumbo loans

Things to Think About

  • Rates typically 92 basis points above market average
  • Higher than average fees ($4,922)

Report Card

EMET LENDING GROUP, INC. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
MediocreBelow peers
Pull Through
Closing Strength
ExceptionalMarket Leader
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
AcceptableNear industry average
Jumbo
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundMulti-Regional · 17 metro areas · 14 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$642,839
Average Borrower Income
$311,463
Average Property Value
$965,879

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Mediocre
Strong
1,59788.3%+0.917%$5,098
FHA Loans
Acceptable
Acceptable
Acceptable
Sound
251.4%+0.638%$3,858
Jumbo Loans
Sound
Exceptional
Mediocre
Strong
18710.3%+1.020%$2,943

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Mediocre
Strong
1,47781.6%+0.924%$5,159
Refinance
Sound
Strong
Mediocre
Strong
33218.4%+0.883%$3,647

Geographic Coverage

Metro Areas
17
States Served
14
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AZCACODCFLGAMDNCNVSCTNTXVAWA

Top Metro Areas by Place Specialization Score

1
Los Angeles, CAMSA
Volume: 685Mix: 37.87%
Place Specialization
Exceptional
2
Anaheim, CAMSA
Volume: 212Mix: 11.72%
Place Specialization
Strong
3
Riverside, CAMSA
Volume: 286Mix: 15.81%
Place Specialization
Strong
4
Arlington, VA-WVMSA
Volume: 111Mix: 6.14%
Place Specialization
Strong
5
Houston, TXMSA
Volume: 119Mix: 6.58%
Place Specialization
Strong
6
Oakland, CAMSA
Volume: 33Mix: 1.82%
Place Specialization
Sound
7
Baltimore, MDMSA
Volume: 35Mix: 1.93%
Place Specialization
Sound
8
San Diego, CAMSA
Volume: 32Mix: 1.77%
Place Specialization
Sound
9
Dallas, TXMSA
Volume: 39Mix: 2.16%
Place Specialization
Sound
10
San Jose, CAMSA
Volume: 25Mix: 1.38%
Place Specialization
Sound
Showing 10 of 17 metro areas

Top States by Place Specialization Score

1
CAState
Volume: 1,347Mix: 74.46%
Place Specialization
Exceptional
2
VAState
Volume: 144Mix: 7.96%
Place Specialization
Strong
3
TXState
Volume: 183Mix: 10.12%
Place Specialization
Strong
4
MDState
Volume: 73Mix: 4.04%
Place Specialization
Sound
5
GAState
Volume: 20Mix: 1.11%
Place Specialization
Sound

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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