Logan Finance Corporation
We analyzed every closed loan from Logan Finance Corporation — 1.1k loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Sound
3/5
Near-National · 17 mkts
Summary
What They Do Well
- Strong pull through performance
- Nationwide availability with consistent service
Things to Think About
- Rates typically 104 basis points above market average
Explore another lender or local market
Report Card
Logan Finance Corporation performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+103.9 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
Jumbo
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Near-National · 18 markets
Sound
Top 60% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 665 | 62.8% | +1.101%Above | $3,696Fees | ||||
Jumbo Loans | 394 | 37.2% | +0.909%Above | $1,149Fees |
Conventional
OverallAcceptable
ProductSound
PricingMediocre
Pull ThroughSound
Volume665
Mix62.8%
Spread
+1.101%Above
Fees
$3,696Fees
Jumbo Loans
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughStrong
Volume394
Mix37.2%
Spread
+0.909%Above
Fees
$1,149Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 808 | 76.3% | +1.060%Above | $3,029Fees | ||||
Refinance | 251 | 23.7% | +0.962%Above | $2,310Fees |
Purchase
OverallAcceptable
ProductStrong
PricingMediocre
Pull ThroughSound
Volume808
Mix76.3%
Spread
+1.060%Above
Fees
$3,029Fees
Refinance
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume251
Mix23.7%
Spread
+0.962%Above
Fees
$2,310Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,059
Applications
1,437
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
+1.039%
vs. market APOR
Avg Net Fees
$2,870
Origination − Credits
Pullthrough Rate
73.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$988,116
Avg Borrower Income
$767,442
Avg Property Value
$1,448,909
Geographic Coverage
Geographic Performance
Metro Areas
17
markets with activity
States Served
33
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
33Northeast5
CTMENJPARI
Midwest6
ILINKSMIMOND
South12
ALDCDEFLGAMDNCOKSCTNTXVA
West10
AZCACOHIIDMTNVORUTWA
Top Metro Areas by Place Specialization Score
Volume 334Mix 31.54% of portfolio
81/100
Exceptional
Volume 88Mix 8.31% of portfolio
69/100
Strong
Volume 48Mix 4.53% of portfolio
59/100
Sound
Volume 49Mix 4.63% of portfolio
58/100
Sound
Volume 32Mix 3.02% of portfolio
54/100
Sound
Volume 27Mix 2.55% of portfolio
54/100
Sound
Volume 38Mix 3.59% of portfolio
54/100
Sound
Volume 18Mix 1.70% of portfolio
50/100
Sound
Volume 22Mix 2.08% of portfolio
49/100
Sound
Volume 22Mix 2.08% of portfolio
48/100
SoundShowing 10 of 17 metro areas
Top States by Place Specialization Score
1
CaliforniaState
Volume 573Mix 54.11% of portfolio
76/100
Strong2
FloridaState
Volume 203Mix 19.17% of portfolio
64/100
Strong3
New JerseyState
Volume 48Mix 4.53% of portfolio
55/100
Sound4
TexasState
Volume 60Mix 5.67% of portfolio
51/100
Sound5
ArizonaState
Volume 25Mix 2.36% of portfolio
47/100
Sound6
NevadaState
Volume 19Mix 1.79% of portfolio
46/100
Sound7
ColoradoState
Volume 18Mix 1.70% of portfolio
43/100
Sound8
HawaiiState
Volume 10Mix 0.94% of portfolio
41/100
Sound9
PennsylvaniaState
Volume 15Mix 1.42% of portfolio
40/100
Acceptable10
WashingtonState
Volume 12Mix 1.13% of portfolio
40/100
AcceptableHow 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.