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INSPIRE HOME LOANS INC.

Independent Mortgage Company|WILMINGTON, DE|Multi-Region
Loans Originated
7,027
Applications
10,047
Volume
$2 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsFHA SuperstarVA SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.587%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,768
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.9%
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

INSPIRE HOME LOANS INC. 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
StrongHighly Competitive
FHA
ExceptionalMarket Leader
VA
ExceptionalMarket Leader
USDA
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Places
Geographic coverage
StrongMulti-Regional · 50 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
$362,029
Average Borrower Income
$129,823
Average Property Value
$416,210

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Acceptable
Strong
2,54136.2%+0.664%$1,696
FHA Loans
Strong
Exceptional
Sound
Strong
3,27446.6%+0.509%$2,040
VA Loans
Strong
Exceptional
Strong
Strong
1,13816.2%-0.307%$994
USDA Loans
Strong
Exceptional
N/A
Sound
660.9%

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Exceptional
Sound
Strong
7,025100.0%+0.593%$1,765

Geographic Coverage

Metro Areas
49
States Served
18
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALAZCACOFLGAINKYLAMINCNVOHSCTNTXUTWA

Top Metro Areas by Place Specialization Score

1
Florence, SC, SCMSA
Volume: 93Mix: 1.32%
Place Specialization
Exceptional
2
Las Vegas, NVMSA
Volume: 490Mix: 6.97%
Place Specialization
Exceptional
3
Macon, GAMSA
Volume: 92Mix: 1.31%
Place Specialization
Exceptional
4
Lake Havasu City, AZMSA
Volume: 118Mix: 1.68%
Place Specialization
Exceptional
5
Austin, TXMSA
Volume: 288Mix: 4.10%
Place Specialization
Strong
6
Atlanta, GAMSA
Volume: 469Mix: 6.67%
Place Specialization
Strong
7
Phoenix, AZMSA
Volume: 549Mix: 7.81%
Place Specialization
Strong
8
Houston, TXMSA
Volume: 502Mix: 7.14%
Place Specialization
Strong
9
Denver, COMSA
Volume: 376Mix: 5.35%
Place Specialization
Strong
10
San Antonio, TXMSA
Volume: 348Mix: 4.95%
Place Specialization
Strong
Showing 10 of 49 metro areas

Top States by Place Specialization Score

1
NVState
Volume: 490Mix: 6.97%
Place Specialization
Exceptional
2
TXState
Volume: 1,364Mix: 19.41%
Place Specialization
Exceptional
3
GAState
Volume: 803Mix: 11.43%
Place Specialization
Strong
4
AZState
Volume: 707Mix: 10.06%
Place Specialization
Strong
5
COState
Volume: 590Mix: 8.40%
Place Specialization
Strong
6
FLState
Volume: 808Mix: 11.50%
Place Specialization
Strong
7
SCState
Volume: 285Mix: 4.06%
Place Specialization
Strong
8
WAState
Volume: 282Mix: 4.01%
Place Specialization
Strong
9
CAState
Volume: 683Mix: 9.72%
Place Specialization
Strong
10
NCState
Volume: 364Mix: 5.18%
Place Specialization
Strong
Showing 10 of 17 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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