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Hometown Equity Mortgage, LLC
Independent Mortgage Company|CLAYTON, MO|National
Loans Originated
1,679
Applications
3,715
Volume
$800 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Sound
Pricing and Pullthrough Overview
Average Rate Spread
+0.608%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,478
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
45.2%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Rates typically 61 basis points above market average
Report Card
Hometown Equity Mortgage, LLC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Sound | Industry Standard | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
USDA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Sound | National · 35 metro areas · 43 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$476,477
Average Borrower Income
$328,904
Average Property Value
$749,348
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Acceptable | Strong | Mediocre | Acceptable | 1,002 | 59.7% | +0.945% | $5,415 |
FHA Loans | Sound | Strong | Sound | Sound | 474 | 28.2% | +0.447% | $2,307 |
VA Loans | Acceptable | Strong | Mediocre | Sound | 59 | 3.5% | +0.051% | $4,183 |
Jumbo Loans | Sound | Strong | N/A | Sound | 122 | 7.3% | +1.008% | $5,540 |
USDA Loans | Sound | Strong | N/A | Sound | 22 | 1.3% | +0.540% | $2,038 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Acceptable | Acceptable | 1,073 | 63.9% | +0.605% | $3,389 |
Refinance | Acceptable | Strong | Mediocre | Acceptable | 606 | 36.1% | +0.622% | $3,821 |
Geographic Coverage
Metro Areas
34
States Served
43
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
AKALARAZCACOCTDCFLGAHIIAIDILINKYLAMAMDMIMNMOMSMTNCNHNJNMNVOHOKORPARISCTNTXUTVAVTWAWIWV
Top Metro Areas by Place Specialization Score
1
Los Angeles, CAMSA
Volume: 211Mix: 12.57%
Place Specialization
Strong
2
Riverside, CAMSA
Volume: 222Mix: 13.22%
Place Specialization
Strong
3
San Diego, CAMSA
Volume: 81Mix: 4.82%
Place Specialization
Strong
4
Anaheim, CAMSA
Volume: 59Mix: 3.51%
Place Specialization
Strong
5
Fort Lauderdale, FLMSA
Volume: 49Mix: 2.92%
Place Specialization
Sound
6
Miami, FLMSA
Volume: 49Mix: 2.92%
Place Specialization
Sound
7
Bakersfield, CAMSA
Volume: 34Mix: 2.03%
Place Specialization
Sound
8
Atlanta, GAMSA
Volume: 54Mix: 3.22%
Place Specialization
Sound
9
Tampa, FL, FLMSA
Volume: 40Mix: 2.38%
Place Specialization
Sound
10
Oxnard, CAMSA
Volume: 23Mix: 1.37%
Place Specialization
Sound
Showing 10 of 34 metro areas
Top States by Place Specialization Score
1
CAState
Volume: 749Mix: 44.61%
Place Specialization
Strong
2
FLState
Volume: 319Mix: 19.00%
Place Specialization
Strong
3
UTState
Volume: 58Mix: 3.45%
Place Specialization
Sound
4
GAState
Volume: 74Mix: 4.41%
Place Specialization
Sound
5
TXState
Volume: 99Mix: 5.90%
Place Specialization
Sound
6
AZState
Volume: 40Mix: 2.38%
Place Specialization
Sound
7
NVState
Volume: 23Mix: 1.37%
Place Specialization
Sound
8
NJState
Volume: 28Mix: 1.67%
Place Specialization
Sound
9
OHState
Volume: 34Mix: 2.03%
Place Specialization
Sound
10
TNState
Volume: 29Mix: 1.73%
Place Specialization
Sound
Showing 10 of 20 states
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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