Homespire Mortgage Corporation
We analyzed every closed loan from Homespire Mortgage Corporation — 1.9k loans across 3k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · USDA
Place
Strong
4/5
Multi-Region · 21 mkts
Awards
FHA
Superstar
VA
Superstar
USDA
Superstar
Purchase
Superstar
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and USDA loans
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Homespire Mortgage Corporation performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+42.1 bps above market avg
Pull Through
Closing strength
Exceptional
Top 20% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Exceptional
Top 20% of lenders
VA
Strong
Top 40% of lenders
USDA
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 22 markets
Strong
Top 40% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 945 | 48.9% | +0.356%Above | $3,849Fees | ||||
FHA Loans | 690 | 35.7% | +0.666%Above | $4,258Fees | ||||
VA Loans | 232 | 12.0% | -0.258%Below | $2,341Fees | ||||
USDA Loans | 62 | 3.2% | +0.198%Above | $2,423Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume945
Mix48.9%
Spread
+0.356%Above
Fees
$3,849Fees
FHA Loans
OverallStrong
ProductExceptional
PricingAcceptable
Pull ThroughStrong
Volume690
Mix35.7%
Spread
+0.666%Above
Fees
$4,258Fees
VA Loans
OverallStrong
ProductStrong
PricingSound
Pull ThroughExceptional
Volume232
Mix12.0%
Spread
-0.258%Below
Fees
$2,341Fees
USDA Loans
OverallStrong
ProductExceptional
PricingSound
Pull ThroughExceptional
Volume62
Mix3.2%
Spread
+0.198%Above
Fees
$2,423Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 1,784 | 92.3% | +0.427%Above | $3,767Fees | ||||
Refinance | 149 | 7.7% | +0.365%Above | $4,706Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume1,784
Mix92.3%
Spread
+0.427%Above
Fees
$3,767Fees
Refinance
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume149
Mix7.7%
Spread
+0.365%Above
Fees
$4,706Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,933
Applications
2,531
Volume
$636 million
Pricing & Closing
Avg Rate Spread
+0.421%
vs. market APOR
Avg Net Fees
$3,851
Origination − Credits
Pullthrough Rate
76.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$329,444
Avg Borrower Income
$114,851
Avg Property Value
$379,692
Geographic Coverage
Geographic Performance
Metro Areas
21
markets with activity
States Served
21
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
21Northeast5
CTMEMAPARI
Midwest3
INMIOH
South13
DCDEFLGAKYLAMDNCOKSCTXVAWV
Top Metro Areas by Place Specialization Score
Volume 226Mix 11.69% of portfolio
93/100
Exceptional
Volume 72Mix 3.72% of portfolio
84/100
Exceptional
Volume 156Mix 8.07% of portfolio
82/100
Exceptional
Volume 159Mix 8.23% of portfolio
80/100
Strong
Volume 171Mix 8.85% of portfolio
73/100
Strong
Volume 118Mix 6.10% of portfolio
69/100
Strong
Volume 124Mix 6.41% of portfolio
69/100
Strong
Volume 61Mix 3.16% of portfolio
69/100
Strong
Volume 33Mix 1.71% of portfolio
66/100
Strong
Volume 88Mix 4.55% of portfolio
66/100
StrongShowing 10 of 21 metro areas
Top States by Place Specialization Score
1
West VirginiaState
Volume 309Mix 15.99% of portfolio
87/100
Exceptional2
MarylandState
Volume 503Mix 26.02% of portfolio
81/100
Exceptional3
VirginiaState
Volume 350Mix 18.11% of portfolio
77/100
Strong4
North CarolinaState
Volume 158Mix 8.17% of portfolio
63/100
Strong5
FloridaState
Volume 182Mix 9.42% of portfolio
61/100
Strong6
Rhode IslandState
Volume 47Mix 2.43% of portfolio
60/100
Strong7
OhioState
Volume 100Mix 5.17% of portfolio
59/100
Sound8
PennsylvaniaState
Volume 72Mix 3.72% of portfolio
56/100
Sound9
LouisianaState
Volume 48Mix 2.48% of portfolio
55/100
Sound10
Washington, DCState
Volume 25Mix 1.29% of portfolio
54/100
SoundShowing 10 of 13 states
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.