Looking for a different lender?
F
FIRST HOME MORTGAGE CORPORATION
Independent Mortgage Company|LUTHERVILLE-TIMONIUM, MD|Multi-Region
Loans Originated
5,362
Applications
6,833
Volume
$2 billion
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Exceptional
Safe Rate Awards⭐VA Superstar⭐USDA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.381%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$4,432
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
78.5%
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
Things to Think About
- Pricing may be below industry average
- Higher than average fees ($4,432)
Report Card
FIRST HOME MORTGAGE CORPORATION performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Mediocre | Below peers | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Strong | Highly Competitive | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Multi-Regional · 23 metro areas · 16 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$408,870
Average Borrower Income
$154,639
Average Property Value
$497,475
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Exceptional | Mediocre | Exceptional | 3,667 | 68.4% | +0.354% | $4,522 |
FHA Loans | Sound | Exceptional | Mediocre | Exceptional | 978 | 18.2% | +0.807% | $4,662 |
VA Loans | Strong | Exceptional | Acceptable | Exceptional | 605 | 11.3% | -0.188% | $3,246 |
Jumbo Loans | Acceptable | Strong | Mediocre | Sound | 36 | 0.7% | +0.423% | $2,838 |
USDA Loans | Strong | Exceptional | Acceptable | Exceptional | 76 | 1.4% | +0.212% | $3,942 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Exceptional | Mediocre | Strong | 5,086 | 94.9% | +0.383% | $4,417 |
Refinance | Sound | Strong | Mediocre | Strong | 276 | 5.1% | +0.358% | $4,681 |
Geographic Coverage
Metro Areas
22
States Served
16
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
CTDCDEFLGAMAMDNCNHNJPARISCTNVAWV
Top Metro Areas by Place Specialization Score
1
Baltimore, MDMSA
Volume: 1,754Mix: 32.71%
Place Specialization
Exceptional
2
Washington, DC, DC-MDMSA
Volume: 753Mix: 14.04%
Place Specialization
Exceptional
3
Lexington Park, MD, MDMSA
Volume: 489Mix: 9.12%
Place Specialization
Exceptional
4
Frederick, MDMSA
Volume: 483Mix: 9.01%
Place Specialization
Exceptional
5
Salisbury, MD, MDMSA
Volume: 59Mix: 1.10%
Place Specialization
Exceptional
6
Arlington, VA-WVMSA
Volume: 297Mix: 5.54%
Place Specialization
Strong
7
Raleigh, NCMSA
Volume: 223Mix: 4.16%
Place Specialization
Strong
8
Hagerstown, MD-WVMSA
Volume: 105Mix: 1.96%
Place Specialization
Strong
9
Charleston, SCMSA
Volume: 100Mix: 1.86%
Place Specialization
Strong
10
Providence, RI-MAMSA
Volume: 109Mix: 2.03%
Place Specialization
Strong
Showing 10 of 22 metro areas
Top States by Place Specialization Score
1
MDState
Volume: 3,477Mix: 64.85%
Place Specialization
Exceptional
2
DCState
Volume: 322Mix: 6.01%
Place Specialization
Exceptional
3
VAState
Volume: 458Mix: 8.54%
Place Specialization
Strong
4
NCState
Volume: 405Mix: 7.55%
Place Specialization
Strong
5
MAState
Volume: 183Mix: 3.41%
Place Specialization
Strong
6
SCState
Volume: 126Mix: 2.35%
Place Specialization
Strong
7
RIState
Volume: 58Mix: 1.08%
Place Specialization
Strong
8
PAState
Volume: 144Mix: 2.69%
Place Specialization
Strong
9
DEState
Volume: 48Mix: 0.90%
Place Specialization
Sound
10
WVState
Volume: 36Mix: 0.67%
Place Specialization
Sound
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.
Ready to Get Started?
Compare FIRST HOME MORTGAGE CORPORATION with other lenders or get personalized recommendations.