Looking for a different lender?
L
LUXURY MORTGAGE CORP.
Independent Mortgage Company|WILMINGTON, DE|Near-National
Loans Originated
363
Applications
633
Volume
$292 million
Sources loans from independent brokers
Overall Pricing
Mediocre
Overall Pull Through
Acceptable
Pricing and Pullthrough Overview
Average Rate Spread
+1.013%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$4,884
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
57.3%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Nationwide availability with consistent service
Things to Think About
- Rates typically 101 basis points above market average
- Higher than average fees ($4,884)
- Pull through efficiency is below industry average
Report Card
LUXURY MORTGAGE CORP. performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Mediocre | Below peers | |
Pull Through Closing Strength | Acceptable | Near industry average | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Sound | Industry Standard | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Sound | Industry Standard | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Sound | Near-National · 9 metro areas · 26 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$805,634
Average Borrower Income
$727,970
Average Property Value
$1,120,482
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Acceptable | Sound | Mediocre | Acceptable | 255 | 70.2% | +1.062% | $5,464 |
Jumbo Loans | Acceptable | Strong | Mediocre | Sound | 108 | 29.8% | +0.852% | $2,994 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Acceptable | Sound | Mediocre | Acceptable | 286 | 78.8% | +0.980% | $4,972 |
Refinance | Acceptable | Sound | Mediocre | Acceptable | 77 | 21.2% | +1.137% | $4,549 |
Geographic Coverage
Metro Areas
9
States Served
26
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ALAZCACOCTFLILLAMAMINCNJNMNVNYOHORPARISCTNTXUTVAWAWI
Top Metro Areas by Place Specialization Score
1
New York, NY-NJMSA
Volume: 49Mix: 13.50%
Place Specialization
Strong
2
Los Angeles, CAMSA
Volume: 48Mix: 13.22%
Place Specialization
Sound
3
Miami, FLMSA
Volume: 27Mix: 7.44%
Place Specialization
Sound
4
Nassau County, NYMSA
Volume: 19Mix: 5.23%
Place Specialization
Sound
5
Anaheim, CAMSA
Volume: 14Mix: 3.86%
Place Specialization
Sound
6
Orlando, FLMSA
Volume: 15Mix: 4.13%
Place Specialization
Sound
7
Fresno, CA, CAMSA
Volume: 10Mix: 2.75%
Place Specialization
Sound
8
Riverside, CAMSA
Volume: 11Mix: 3.03%
Place Specialization
Sound
9
Houston, TXMSA
Volume: 12Mix: 3.31%
Place Specialization
Sound
Top States by Place Specialization Score
1
CAState
Volume: 109Mix: 30.03%
Place Specialization
Strong
2
NYState
Volume: 60Mix: 16.53%
Place Specialization
Sound
3
FLState
Volume: 71Mix: 19.56%
Place Specialization
Sound
4
NJState
Volume: 28Mix: 7.71%
Place Specialization
Sound
5
TXState
Volume: 33Mix: 9.09%
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.
Ready to Get Started?
Compare LUXURY MORTGAGE CORP. with other lenders or get personalized recommendations.