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Lendsure Mortgage

Independent Mortgage CompanyWilmington, DEHQWholesaleReviews near you on Google

We analyzed every closed loan from Lendsure Mortgage 1.5k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Sound
3/5
National · 40 mkts

Safe Rate Summary

What They Do Well

  • Particularly strong in Conventional and Jumbo loans
  • Nationwide availability with consistent service

Things to Think About

  • Rates typically 136 basis points above market average
  • Higher than average fees ($6,561)

Explore another lender or local market

Report Card

Lendsure Mortgage performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+136.1 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
Jumbo
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
National · 41 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Acceptable
Product
Strong
Pricing
Mediocre
Pull Through
Sound
Volume1,234
Mix83.7%
Spread
+1.365%Above
Fees
$6,621Fees
Jumbo Loans
Overall
Strong
Product
Exceptional
Pricing
Pull Through
Strong
Volume240
Mix16.3%
Spread
+1.224%Above
Fees
$4,872Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Acceptable
Product
Strong
Pricing
Mediocre
Pull Through
Sound
Volume1,301
Mix88.3%
Spread
+1.345%Above
Fees
$6,588Fees
Refinance
Overall
Acceptable
Product
Sound
Pricing
Mediocre
Pull Through
Sound
Volume173
Mix11.7%
Spread
+1.491%Above
Fees
$6,343Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
1,474
Applications
2,054
Volume
$803 million
Pricing & Closing
Avg Rate Spread
+1.361%
vs. market APOR
Avg Net Fees
$6,561
Origination − Credits
Pullthrough Rate
71.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$544,858
Avg Borrower Income
$247,522
Avg Property Value
$842,944

Geographic Coverage

Geographic Performance

Metro Areas
40
markets with activity
States Served
48
of 50 states + DC
Avg Place Specialization
Sound
3/5

States with Loan Originations

48
48 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast8
CTMEMANHNJPARIVT
Midwest11
IAILINKSMIMNMONDNEOHWI
South16
ALARDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West13
AKAZCACOHIIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© DPPed · CC BY-SA 3.0
Phoenix, AZMetro
Volume 58Mix 3.93% of portfolio
56/100
Sound
Volume 37Mix 2.51% of portfolio
55/100
Sound
Volume 40Mix 2.71% of portfolio
55/100
Sound
Volume 52Mix 3.53% of portfolio
55/100
Sound
5© Balon Greyjoy · CC0
Panama City, FLMetro
Volume 20Mix 1.36% of portfolio
52/100
Sound
6© Seasider53 · CC BY 4.0
Portland, OR-WAMetro
Volume 31Mix 2.10% of portfolio
52/100
Sound
Volume 35Mix 2.37% of portfolio
51/100
Sound
8© Eric Polk · CC BY-SA 4.0
Los Angeles, CAMetro
Volume 28Mix 1.90% of portfolio
49/100
Sound
9© nick hoke · CC BY 3.0
Deltona, FLMetro
Volume 18Mix 1.22% of portfolio
49/100
Sound
Volume 21Mix 1.42% of portfolio
49/100
Sound
Showing 10 of 40 metro areas

Top States by Place Specialization Score

Florida
Florida
1
FloridaState
Volume 213Mix 14.45% of portfolio
64/100
Strong
California
California
2
CaliforniaState
Volume 206Mix 13.98% of portfolio
63/100
Strong
Washington
Washington
3
WashingtonState
Volume 75Mix 5.09% of portfolio
60/100
Sound
Arizona
Arizona
4
ArizonaState
Volume 78Mix 5.29% of portfolio
59/100
Sound
Texas
Texas
5
TexasState
Volume 126Mix 8.55% of portfolio
58/100
Sound
Nevada
Nevada
6
NevadaState
Volume 48Mix 3.26% of portfolio
57/100
Sound
Utah
Utah
7
UtahState
Volume 55Mix 3.73% of portfolio
57/100
Sound
Oregon
Oregon
8
OregonState
Volume 50Mix 3.39% of portfolio
57/100
Sound
Hawaii
Hawaii
9
HawaiiState
Volume 25Mix 1.70% of portfolio
53/100
Sound
Massachusetts
Massachusetts
10
MassachusettsState
Volume 44Mix 2.99% of portfolio
53/100
Sound
Showing 10 of 30 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.