Looking for a different lender?

H

Heritage Mortgage, LLC

Independent Mortgage Company|Camden, DE|Regional
Loans Originated
909
Applications
1,165
Volume
$294 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐Purchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.042%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,769
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
78.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 4.20 basis points below market average
  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA loans

Report Card

Heritage Mortgage, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Places
Geographic coverage
StrongRegional · 10 metro areas · 5 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$324,054
Average Borrower Income
$135,868
Average Property Value
$391,249

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
48653.5%-0.014%$2,738
FHA Loans
Strong
Strong
Sound
Strong
27630.4%+0.119%$3,549
VA Loans
Strong
Strong
Exceptional
Strong
14215.6%-0.608%$843

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Strong
90899.9%-0.043%$2,772

Geographic Coverage

Metro Areas
9
States Served
5
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALGANCTNTX

Top Metro Areas by Place Specialization Score

1
Huntsville, AL, ALMSA
Volume: 304Mix: 33.44%
Place Specialization
Exceptional
2
Decatur, AL, ALMSA
Volume: 56Mix: 6.16%
Place Specialization
Exceptional
3
Marietta, GA, GAMSA
Volume: 112Mix: 12.32%
Place Specialization
Strong
4
Nashville, TNMSA
Volume: 116Mix: 12.76%
Place Specialization
Strong
5
Houston, TXMSA
Volume: 131Mix: 14.41%
Place Specialization
Strong
6
Raleigh, NCMSA
Volume: 28Mix: 3.08%
Place Specialization
Sound
7
Durham, NCMSA
Volume: 15Mix: 1.65%
Place Specialization
Sound
8
San Antonio, TXMSA
Volume: 20Mix: 2.20%
Place Specialization
Sound
9
Atlanta, GAMSA
Volume: 17Mix: 1.87%
Place Specialization
Sound

Top States by Place Specialization Score

1
ALState
Volume: 397Mix: 43.67%
Place Specialization
Exceptional
2
TNState
Volume: 116Mix: 12.76%
Place Specialization
Strong
3
GAState
Volume: 132Mix: 14.52%
Place Specialization
Strong
4
TXState
Volume: 154Mix: 16.94%
Place Specialization
Strong
5
NCState
Volume: 110Mix: 12.10%
Place Specialization
Strong

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 Heritage Mortgage, LLC with other lenders or get personalized recommendations.

Compare Lenders