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LEADERONE FINANCIAL CORPORATION
Independent Mortgage Company|TOPEKA, KS|National
Loans Originated
3,874
Applications
5,608
Volume
$1 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Pricing and Pullthrough Overview
Average Rate Spread
+0.606%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,054
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.1%
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
- Nationwide availability with consistent service
Things to Think About
- Rates typically 61 basis points above market average
Report Card
LEADERONE FINANCIAL CORPORATION performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Sound | Industry Standard | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Sound | National · 50 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
$314,473
Average Borrower Income
$121,818
Average Property Value
$390,416
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Exceptional | Acceptable | Strong | 2,136 | 55.1% | +0.516% | $2,814 |
FHA Loans | Sound | Exceptional | Mediocre | Strong | 1,265 | 32.7% | +0.895% | $3,439 |
VA Loans | Sound | Exceptional | Mediocre | Strong | 324 | 8.4% | +0.164% | $3,940 |
Jumbo Loans | Acceptable | Sound | Acceptable | Acceptable | 45 | 1.2% | +0.386% | $2,403 |
USDA Loans | Sound | Exceptional | Acceptable | Strong | 104 | 2.7% | +0.514% | $2,193 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Exceptional | Acceptable | Strong | 3,472 | 89.6% | +0.624% | $3,091 |
Refinance | Sound | Strong | Acceptable | Sound | 402 | 10.4% | +0.481% | $2,795 |
Geographic Coverage
Metro Areas
49
States Served
43
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ALARAZCACOCTDEFLGAIAIDILINKSKYMAMDMEMIMNMOMSMTNCNENHNJNVOHOKORPARISCSDTNTXUTVAVTWAWIWY
Top Metro Areas by Place Specialization Score
1
Merced, CA, CAMSA
Volume: 102Mix: 2.63%
Place Specialization
Exceptional
2
Sebring, FL, FLMSA
Volume: 91Mix: 2.35%
Place Specialization
Exceptional
3
Kansas City, MO, MO-KSMSA
Volume: 622Mix: 16.06%
Place Specialization
Exceptional
4
Bangor, ME, MEMSA
Volume: 108Mix: 2.79%
Place Specialization
Exceptional
5
St. Louis, MO, MO-ILMSA
Volume: 264Mix: 6.81%
Place Specialization
Strong
6
Chattanooga, TN, TN-GAMSA
Volume: 100Mix: 2.58%
Place Specialization
Strong
7
Chicago, ILMSA
Volume: 303Mix: 7.82%
Place Specialization
Strong
8
Lake County, INMSA
Volume: 67Mix: 1.73%
Place Specialization
Strong
9
Laredo, TX, TXMSA
Volume: 41Mix: 1.06%
Place Specialization
Strong
10
Topeka, KS, KSMSA
Volume: 57Mix: 1.47%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
KSState
Volume: 295Mix: 7.61%
Place Specialization
Exceptional
2
MOState
Volume: 786Mix: 20.29%
Place Specialization
Exceptional
3
ILState
Volume: 447Mix: 11.54%
Place Specialization
Strong
4
MEState
Volume: 197Mix: 5.09%
Place Specialization
Strong
5
WAState
Volume: 167Mix: 4.31%
Place Specialization
Strong
6
FLState
Volume: 362Mix: 9.34%
Place Specialization
Strong
7
ALState
Volume: 129Mix: 3.33%
Place Specialization
Strong
8
INState
Volume: 172Mix: 4.44%
Place Specialization
Strong
9
TNState
Volume: 124Mix: 3.20%
Place Specialization
Strong
10
CAState
Volume: 220Mix: 5.68%
Place Specialization
Strong
Showing 10 of 29 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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