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FIRST COMMUNITY MORTGAGE, INC.

Independent Mortgage Company|NASHVILLE, TN|National
Loans Originated
9,840
Applications
12,222
Volume
$2 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Exceptional
Safe Rate AwardsFHA SuperstarVA SuperstarUSDA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.429%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,818
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
80.5%
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 FHA and VA and Jumbo and USDA loans
  • Nationwide availability with consistent service

Things to Think About

  • Pricing may be below industry average

Report Card

FIRST COMMUNITY MORTGAGE, INC. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
ExceptionalMarket Leader
Products
Loan Type Specialists
Specialization score by loan product
Conventional
ExceptionalMarket Leader
FHA
ExceptionalMarket Leader
VA
ExceptionalMarket Leader
Jumbo
StrongHighly Competitive
USDA
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongNational · 50 metro areas · 48 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$293,361
Average Borrower Income
$116,450
Average Property Value
$364,373

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Exceptional
Acceptable
Strong
5,87059.7%+0.391%$2,745
FHA Loans
Strong
Exceptional
Acceptable
Exceptional
2,67627.2%+0.690%$3,165
VA Loans
Strong
Exceptional
Acceptable
Exceptional
8248.4%-0.146%$2,486
Jumbo Loans
Sound
Strong
Mediocre
Strong
640.7%+0.634%$2,701
USDA Loans
Strong
Exceptional
Sound
Exceptional
4064.1%+0.234%$2,182

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Exceptional
Acceptable
Strong
8,45886.0%+0.458%$2,781
Refinance
Sound
Strong
Acceptable
Strong
1,38214.0%+0.276%$3,011

Geographic Coverage

Metro Areas
49
States Served
48
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALARAZCACOCTDCDEFLGAIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVOHOKORPARISCSDTNTXUTVAVTWAWIWVWY

Top Metro Areas by Place Specialization Score

1
Cincinnati, OHMSA
Volume: 687Mix: 6.98%
Place Specialization
Exceptional
2
Nashville, TNMSA
Volume: 683Mix: 6.94%
Place Specialization
Exceptional
3
Midland, MI, MIMSA
Volume: 67Mix: 0.68%
Place Specialization
Exceptional
4
Lafayette, LA, LAMSA
Volume: 140Mix: 1.42%
Place Specialization
Strong
5
Virginia Beach, VA-NCMSA
Volume: 339Mix: 3.45%
Place Specialization
Strong
6
Jackson, TN, TNMSA
Volume: 132Mix: 1.34%
Place Specialization
Strong
7
Clarksville, TN, TN-KYMSA
Volume: 138Mix: 1.40%
Place Specialization
Strong
8
Knoxville, TN, TNMSA
Volume: 270Mix: 2.74%
Place Specialization
Strong
9
Atlanta, GAMSA
Volume: 338Mix: 3.43%
Place Specialization
Strong
10
Lake County, INMSA
Volume: 103Mix: 1.05%
Place Specialization
Strong
Showing 10 of 49 metro areas

Top States by Place Specialization Score

1
TNState
Volume: 2,186Mix: 22.22%
Place Specialization
Exceptional
2
OHState
Volume: 999Mix: 10.15%
Place Specialization
Strong
3
MIState
Volume: 917Mix: 9.32%
Place Specialization
Strong
4
ALState
Volume: 379Mix: 3.85%
Place Specialization
Strong
5
VAState
Volume: 524Mix: 5.33%
Place Specialization
Strong
6
GAState
Volume: 585Mix: 5.95%
Place Specialization
Strong
7
INState
Volume: 551Mix: 5.60%
Place Specialization
Strong
8
PAState
Volume: 449Mix: 4.56%
Place Specialization
Strong
9
LAState
Volume: 321Mix: 3.26%
Place Specialization
Strong
10
FLState
Volume: 626Mix: 6.36%
Place Specialization
Strong
Showing 10 of 35 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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