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JLB CORPORATION

Independent Mortgage Company|Clayton, MO|Multi-Region
Loans Originated
878
Applications
1,158
Volume
$199 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Exceptional
Safe Rate AwardsFHA SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.360%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,641
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
75.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance

Report Card

JLB CORPORATION performance at a glance

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

Typical Borrower Profile

Average Loan Amount
$227,597
Average Borrower Income
$99,601
Average Property Value
$306,879

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Acceptable
Sound
31736.1%+0.464%$3,558
FHA Loans
Strong
Strong
Sound
Exceptional
56163.9%+0.307%$3,684

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Acceptable
Sound
22125.2%+0.541%$2,377
Refinance
Strong
Strong
Sound
Exceptional
65774.8%+0.299%$4,070

Geographic Coverage

Metro Areas
4
States Served
10
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

COFLILINKSMOOHORPATN

Top Metro Areas by Place Specialization Score

1
St. Louis, MO, MO-ILMSA
Volume: 411Mix: 46.81%
Place Specialization
Exceptional
2
Pittsburgh, PA, PAMSA
Volume: 185Mix: 21.07%
Place Specialization
Exceptional
3
Kansas City, MO, MO-KSMSA
Volume: 145Mix: 16.51%
Place Specialization
Strong
4
Indianapolis, INMSA
Volume: 33Mix: 3.76%
Place Specialization
Sound

Top States by Place Specialization Score

1
MOState
Volume: 486Mix: 55.35%
Place Specialization
Strong
2
PAState
Volume: 217Mix: 24.72%
Place Specialization
Strong
3
KSState
Volume: 55Mix: 6.26%
Place Specialization
Strong
4
ILState
Volume: 57Mix: 6.49%
Place Specialization
Sound
5
INState
Volume: 45Mix: 5.13%
Place Specialization
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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