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FIRST ALLIANCE HOME MORTGAGE, LLC

Independent Mortgage Company|Cranford, NJ|Multi-Region
Loans Originated
869
Applications
1,386
Volume
$291 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.354%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,573
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
62.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pricing may be below industry average

Report Card

FIRST ALLIANCE HOME MORTGAGE, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 22 metro areas · 22 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$335,046
Average Borrower Income
$123,513
Average Property Value
$420,374

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Acceptable
Sound
50157.7%+0.368%$3,458
FHA Loans
Acceptable
Strong
Mediocre
Sound
34239.4%+0.669%$4,697
VA Loans
Acceptable
Sound
Acceptable
Acceptable
242.8%-0.463%$3,499

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Sound
62371.7%+0.411%$3,675
Refinance
Acceptable
Sound
Mediocre
Acceptable
24628.3%-0.051%$2,843

Geographic Coverage

Metro Areas
21
States Served
22
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AZCACTDCDEFLGAIDILINKYMDMSMTNCNJNYOHPASCTNVA

Top Metro Areas by Place Specialization Score

1
Harrisburg, PAMSA
Volume: 84Mix: 9.67%
Place Specialization
Strong
2
York, PAMSA
Volume: 66Mix: 7.59%
Place Specialization
Strong
3
Lakewood, NJMSA
Volume: 79Mix: 9.09%
Place Specialization
Strong
4
Newark, NJ, NJMSA
Volume: 68Mix: 7.83%
Place Specialization
Strong
5
New York, NY-NJMSA
Volume: 55Mix: 6.33%
Place Specialization
Sound
6
Atlantic City, NJMSA
Volume: 26Mix: 2.99%
Place Specialization
Sound
7
Frederick, MDMSA
Volume: 26Mix: 2.99%
Place Specialization
Sound
8
Baltimore, MDMSA
Volume: 29Mix: 3.34%
Place Specialization
Sound
9
Camden, NJ, NJMSA
Volume: 19Mix: 2.19%
Place Specialization
Sound
10
Montgomery County, PAMSA
Volume: 19Mix: 2.19%
Place Specialization
Sound
Showing 10 of 21 metro areas

Top States by Place Specialization Score

1
NJState
Volume: 246Mix: 28.31%
Place Specialization
Strong
2
PAState
Volume: 235Mix: 27.04%
Place Specialization
Strong
3
MDState
Volume: 76Mix: 8.75%
Place Specialization
Strong
4
FLState
Volume: 86Mix: 9.90%
Place Specialization
Sound
5
NYState
Volume: 40Mix: 4.60%
Place Specialization
Sound
6
NCState
Volume: 34Mix: 3.91%
Place Specialization
Sound
7
CTState
Volume: 23Mix: 2.65%
Place Specialization
Sound
8
VAState
Volume: 25Mix: 2.88%
Place Specialization
Sound
9
TNState
Volume: 24Mix: 2.76%
Place Specialization
Sound
10
GAState
Volume: 14Mix: 1.61%
Place Specialization
Acceptable
Showing 10 of 13 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)

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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