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GeoCorp, Inc.

Independent Mortgage CompanyPLANTATION, FLDirect to Consumer

We analyzed every closed loan from Geo CORP 862 loans across 1k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Mediocre
vs. all lenders
Pull Through
Sound
closing strength
Products
Strong
FHA · Conventional
Place
Sound
Multi-Region · 15 mkts

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Safe Rate's Summary

Things to Think About

  • Rates typically 105 basis points above market average
  • Higher than average fees ($5,660)

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Report Card

GeoCorp, Inc. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
Below peers
+104.6 bps above market avg
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Near industry average
Bottom 40% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
Refinance
Acceptable
Near industry average
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Multi-Regional16 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Acceptable
Mediocre
Acceptable
16519.1%
+0.557%Above
$4,044Fees
FHA Loans
Sound
Strong
Mediocre
Strong
69280.3%
+1.336%Above
$6,615Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
Mediocre
Sound
82695.8%
+1.054%Above
$5,834Fees
Refinance
Acceptable
Acceptable
Mediocre
Acceptable
364.2%
+0.921%Above
$2,786Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
862
Applications
1,433
Volume
$426 million
Pricing & Closing
Avg Rate Spread
+1.046%
vs. market APOR
Avg Net Fees
$5,660
Origination − Credits
Pullthrough Rate
60.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$495,278
Avg Borrower Income
$143,900
Avg Property Value
$549,977

Geographic Coverage

Geographic Performance

Metro Areas
15
States Served
17
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Los Angeles, CAMSA
Volume: 200Mix: 23.20%of portfolio
Place
Strong
2
Riverside, CAMSA
Volume: 171Mix: 19.84%of portfolio
Place
Strong
3
Atlanta, GAMSA
Volume: 75Mix: 8.70%of portfolio
Place
Strong
4
Arlington, VA-WVMSA
Volume: 51Mix: 5.92%of portfolio
Place
Sound
5
San Diego, CAMSA
Volume: 32Mix: 3.71%of portfolio
Place
Sound
6
Orlando, FLMSA
Volume: 32Mix: 3.71%of portfolio
Place
Sound
7
Houston, TXMSA
Volume: 40Mix: 4.64%of portfolio
Place
Sound
8
Dallas, TXMSA
Volume: 34Mix: 3.94%of portfolio
Place
Sound
9
Bakersfield, CAMSA
Volume: 15Mix: 1.74%of portfolio
Place
Sound
10
Miami, FLMSA
Volume: 16Mix: 1.86%of portfolio
Place
Sound
Showing 10 of 15 metro areas

Top States by Place Specialization Score

1
CAState
Volume: 446Mix: 51.74%of portfolio
Place
Strong
2
GAState
Volume: 90Mix: 10.44%of portfolio
Place
Strong
3
TXState
Volume: 112Mix: 12.99%of portfolio
Place
Sound
4
FLState
Volume: 96Mix: 11.14%of portfolio
Place
Sound
5
VAState
Volume: 55Mix: 6.38%of portfolio
Place
Sound
6
MDState
Volume: 22Mix: 2.55%of portfolio
Place
Sound

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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.