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Hightechlending INC

Independent Mortgage CompanyIRVINE, CADirect to Consumer

Hightechlending has 260 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Mediocre
vs. all lenders
Pull Through
Acceptable
closing strength
Products
Strong
FHA · Conventional · VA
Place
Sound
Multi-Region · 5 mkts

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Safe Rate's Summary

Things to Think About

  • Pricing may be below industry average
  • Higher than average fees ($4,256)
  • Pull through efficiency is below industry average

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Report Card

Hightechlending INC performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
Below peers
+40.5 bps above market avg
Pull Through
Closing strength
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
VA
Sound
Industry Standard
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
Refinance
Sound
Industry Standard
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Multi-Regional5 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
Mediocre
Sound
16965.0%
+0.480%Above
$4,399Fees
FHA Loans
Sound
Strong
Acceptable
Strong
6123.5%
+0.473%Above
$4,465Fees
VA Loans
Sound
Sound
Acceptable
Strong
228.5%
-0.328%Below
$3,172Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
Mediocre
Sound
22586.5%
+0.432%Above
$4,403Fees
Refinance
Acceptable
Sound
Mediocre
Sound
3513.5%
+0.230%Above
$3,285Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
260
Applications
395
Volume
$139 million
Pricing & Closing
Avg Rate Spread
+0.405%
vs. market APOR
Avg Net Fees
$4,256
Origination − Credits
Pullthrough Rate
65.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$535,462
Avg Borrower Income
$187,627
Avg Property Value
$700,038

Geographic Coverage

Geographic Performance

Metro Areas
5
States Served
10
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AZCAFLHINJNVORSCTXWA

Top Metro Areas by Place Specialization Score

1
Las Vegas, NVMSA
Volume: 68Mix: 26.15%of portfolio
Place
Strong
2
Urban Honolulu, HI, HIMSA
Volume: 36Mix: 13.85%of portfolio
Place
Strong
3
Los Angeles, CAMSA
Volume: 57Mix: 21.92%of portfolio
Place
Strong
4
Fort Lauderdale, FLMSA
Volume: 22Mix: 8.46%of portfolio
Place
Sound
5
Anaheim, CAMSA
Volume: 10Mix: 3.85%of portfolio
Place
Sound

Top States by Place Specialization Score

1
NVState
Volume: 69Mix: 26.54%of portfolio
Place
Strong
2
HIState
Volume: 45Mix: 17.31%of portfolio
Place
Strong
3
CAState
Volume: 95Mix: 36.54%of portfolio
Place
Strong
4
FLState
Volume: 38Mix: 14.62%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.