# FIRST EQUITY MORTGAGE INCORPORATED

> **Canonical URL:** https://saferate.com/lenders/first-equity-mortgage-incorporated

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

FIRST EQUITY MORTGAGE INCORPORATED is a independent mortgage company, headquartered in CINCINNATI, OH, serving borrowers across 8 states, with 1,357 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 28% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300X8AUU3UC1ULZ79
- **Headquarters:** CINCINNATI, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** FL, IN, KY, NC, OH, TN, TX, VA
- **Markets (MSAs):** 12
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.080%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $969
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,357
- **Dollar Volume:** $660 million
- **Applications Received:** 2,396
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $486,010
- **Average Borrower Income:** $213,527

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **VA Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 68/100 | 1,172 | +0.097% | $976 | Strong 😀 |
| FHA | 59/100 | 47 | +0.315% | $980 | Sound ☺️ |
| VA | 73/100 | 125 | -0.297% | $920 | Strong 😀 |
| Jumbo | 42/100 | 12 | +0.251% | $614 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,165 loans, Score: 70/100 (Strong)

**FHA:**
- Purchase: 46 loans, Score: 59/100 (Sound)

**VA:**
- Purchase: 125 loans, Score: 73/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 70/100 | 1,349 | $656M | +0.080% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 329 | 0.09% | 70/100 |
| OH | 284 | 0.21% | 72/100 |
| KY | 273 | 0.59% | 78/100 |
| TN | 133 | 0.15% | 66/100 |
| IN | 130 | 0.14% | 64/100 |
| VA | 80 | 0.07% | 60/100 |
| NC | 75 | 0.05% | 56/100 |
| FL | 53 | 0.02% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cincinnati, OH |  | 429 | 90/100 |
| Dallas | TX | 148 | 69/100 |
| Nashville | TN | 132 | 72/100 |
| Indianapolis | IN | 128 | 70/100 |
| Cleveland, OH | OH | 122 | 71/100 |
| Arlington | VA-WV | 80 | 64/100 |
| Austin | TX | 63 | 63/100 |
| Fort Worth | TX | 59 | 62/100 |
| Houston | TX | 59 | 57/100 |
| Jacksonville, FL | FL | 53 | 60/100 |
| Raleigh | NC | 52 | 61/100 |
| Non |  | 23 | 27/100 |

## Frequently Asked Questions

### What loan types does FIRST EQUITY MORTGAGE INCORPORATED offer?

FIRST EQUITY MORTGAGE INCORPORATED offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does FIRST EQUITY MORTGAGE INCORPORATED offer mortgages?

FIRST EQUITY MORTGAGE INCORPORATED offers mortgages in 8 states: FL, IN, KY, NC, OH, TN, TX, VA.

### How competitive are FIRST EQUITY MORTGAGE INCORPORATED's mortgage rates?

FIRST EQUITY MORTGAGE INCORPORATED has a pricing score of 72/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.080% above market average.

### What type of lender is FIRST EQUITY MORTGAGE INCORPORATED?

FIRST EQUITY MORTGAGE INCORPORATED is a non-depository lender that specializes in mortgage origination, headquartered in CINCINNATI, OH.

### What is FIRST EQUITY MORTGAGE INCORPORATED's loan approval success rate?

FIRST EQUITY MORTGAGE INCORPORATED has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/first-equity-mortgage-incorporated

### How to Cite

> "FIRST EQUITY MORTGAGE INCORPORATED Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-equity-mortgage-incorporated

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