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GERSHMAN INVESTMENT CORP.

Independent Mortgage Company|LITTLE ROCK, AR|Multi-Region
Loans Originated
3,487
Applications
4,642
Volume
$925 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarUSDA SuperstarPurchase SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.366%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,510
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
75.1%
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 USDA loans

Report Card

GERSHMAN INVESTMENT CORP. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
ExceptionalMarket Leader
FHA
ExceptionalMarket Leader
VA
ExceptionalMarket Leader
Jumbo
SoundIndustry Standard
USDA
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongMulti-Regional · 25 metro areas · 18 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$265,453
Average Borrower Income
$116,412
Average Property Value
$317,902

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Exceptional
Sound
Strong
2,02057.9%+0.329%$1,608
FHA Loans
Strong
Exceptional
Sound
Strong
97828.0%+0.596%$1,453
VA Loans
Strong
Exceptional
Strong
Strong
35210.1%-0.219%$1,075
Jumbo Loans
Sound
Sound
N/A
N/A
130.4%+0.477%$1,760
USDA Loans
Strong
Exceptional
Strong
Strong
1243.6%+0.463%$1,069

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Exceptional
Sound
Strong
3,21292.1%+0.366%$1,554
Refinance
Strong
Strong
Sound
Strong
2757.9%+0.362%$1,131

Geographic Coverage

Metro Areas
24
States Served
18
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARCOFLGAIAILINKSKYMONCNEOHOKSCTNTXWI

Top Metro Areas by Place Specialization Score

1
Paducah, KY, KY-ILMSA
Volume: 71Mix: 2.04%
Place Specialization
Exceptional
2
Springfield, MO, MOMSA
Volume: 346Mix: 9.92%
Place Specialization
Exceptional
3
St. Louis, MO, MO-ILMSA
Volume: 709Mix: 20.33%
Place Specialization
Exceptional
4
Lincoln, NE, NEMSA
Volume: 299Mix: 8.57%
Place Specialization
Exceptional
5
Des Moines, IAMSA
Volume: 393Mix: 11.27%
Place Specialization
Exceptional
6
Fayetteville, ARMSA
Volume: 181Mix: 5.19%
Place Specialization
Strong
7
Clarksville, TN, TN-KYMSA
Volume: 92Mix: 2.64%
Place Specialization
Strong
8
Tampa, FL, FLMSA
Volume: 170Mix: 4.88%
Place Specialization
Strong
9
St. Petersburg, FLMSA
Volume: 90Mix: 2.58%
Place Specialization
Strong
10
Omaha, NE, NE-IAMSA
Volume: 88Mix: 2.52%
Place Specialization
Strong
Showing 10 of 24 metro areas

Top States by Place Specialization Score

1
MOState
Volume: 1,424Mix: 40.84%
Place Specialization
Exceptional
2
NEState
Volume: 427Mix: 12.25%
Place Specialization
Exceptional
3
IAState
Volume: 466Mix: 13.36%
Place Specialization
Strong
4
ARState
Volume: 263Mix: 7.54%
Place Specialization
Strong
5
KYState
Volume: 177Mix: 5.08%
Place Specialization
Strong
6
FLState
Volume: 378Mix: 10.84%
Place Specialization
Strong
7
ILState
Volume: 194Mix: 5.56%
Place Specialization
Strong
8
TNState
Volume: 98Mix: 2.81%
Place Specialization
Sound
9
COState
Volume: 20Mix: 0.57%
Place Specialization
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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