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Forum

Credit UnionFishers, INHQDirectReviews near you on Google

We analyzed every closed loan from Forum 469 loans across 715 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Sound
3/5
FHA · Conventional
Place
Strong
4/5
Single State · 2 mkts
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Refinance Superstar
Refinance
Superstar

Safe Rate Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees

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Report Card

Forum performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+5.2 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Top 60% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Single State · 3 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Sound
Pricing
Strong
Pull Through
Sound
Volume447
Mix95.3%
Spread
+0.037%Above
Fees
$1,167Fees
FHA Loans
Overall
Sound
Product
Sound
Pricing
Pull Through
Acceptable
Volume14
Mix3.0%
Spread
+0.371%Above
Fees
$914Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Sound
Pricing
Strong
Pull Through
Sound
Volume397
Mix84.6%
Spread
+0.073%Above
Fees
$1,231Fees
Refinance
Overall
Strong
Product
Sound
Pricing
Exceptional
Pull Through
Sound
Volume72
Mix15.4%
Spread
-0.044%Below
Fees
$547Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
469
Applications
715
Volume
$137 million
Pricing & Closing
Avg Rate Spread
+0.052%
vs. market APOR
Avg Net Fees
$1,106
Origination − Credits
Pullthrough Rate
65.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$294,083
Avg Borrower Income
$139,023
Avg Property Value
$393,977

Geographic Coverage

Geographic Performance

Metro Areas
2
markets with activity
States Served
1
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

1
1 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Midwest1
IN

Top Metro Areas by Place Specialization Score

1© TheWxResearcher · CC0
Indianapolis, INMetro
Volume 411Mix 87.63% of portfolio
88/100
Exceptional
Volume 10Mix 2.13% of portfolio
43/100
Sound

Top States by Place Specialization Score

Indiana
Indiana
1
IndianaState
Volume 469Mix 100.00% of portfolio
82/100
Exceptional

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.