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Mattamy Home Funding, LLC

Independent Mortgage CompanyDOVER, DEDirect to Consumer

We analyzed every closed loan from Mattamy Home Funding 2.4k loans across 3k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Strong
vs. all lenders
Pull Through
Strong
closing strength
Products
Strong
FHA · Conventional · VA
Place
Strong
Regional · 13 mkts
Safe Rate AwardsConventional SuperstarFHA SuperstarPurchase Superstar

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Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA loans

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Report Card

Mattamy Home Funding, LLC performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Highly Competitive
+33.3 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Highly Competitive
Top 40% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
VA
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Regional14 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
1,50362.6%
+0.447%Above
$820Fees
FHA Loans
Strong
Strong
Exceptional
Strong
62626.1%
+0.186%Above
$439Fees
VA Loans
Strong
Strong
Exceptional
26711.1%
-0.394%Below
$126Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Strong
2,39799.9%
+0.336%Above
$667Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
2,400
Applications
2,904
Volume
$994 million
Pricing & Closing
Avg Rate Spread
+0.333%
vs. market APOR
Avg Net Fees
$679
Origination − Credits
Pullthrough Rate
82.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$414,458
Avg Borrower Income
$152,576
Avg Property Value
$515,700

Geographic Coverage

Geographic Performance

Metro Areas
13
States Served
5
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZFLNCSCTX

Top Metro Areas by Place Specialization Score

1
Port St. Lucie, FL, FLMSA
Volume: 167Mix: 6.96%of portfolio
Place
Exceptional
2
Charlotte, NC-SCMSA
Volume: 340Mix: 14.17%of portfolio
Place
Exceptional
3
Jacksonville, FL, FLMSA
Volume: 280Mix: 11.67%of portfolio
Place
Exceptional
4
Phoenix, AZMSA
Volume: 404Mix: 16.83%of portfolio
Place
Strong
5
Tucson, AZ, AZMSA
Volume: 178Mix: 7.42%of portfolio
Place
Strong
6
Raleigh, NCMSA
Volume: 185Mix: 7.71%of portfolio
Place
Strong
7
North Port, FLMSA
Volume: 127Mix: 5.29%of portfolio
Place
Strong
8
Tampa, FL, FLMSA
Volume: 230Mix: 9.58%of portfolio
Place
Strong
9
Orlando, FLMSA
Volume: 186Mix: 7.75%of portfolio
Place
Strong
10
Dallas, TXMSA
Volume: 184Mix: 7.67%of portfolio
Place
Strong
Showing 10 of 13 metro areas

Top States by Place Specialization Score

1
AZState
Volume: 582Mix: 24.25%of portfolio
Place
Strong
2
FLState
Volume: 1,062Mix: 44.25%of portfolio
Place
Strong
3
NCState
Volume: 533Mix: 22.21%of portfolio
Place
Strong
4
TXState
Volume: 194Mix: 8.08%of portfolio
Place
Strong
5
SCState
Volume: 29Mix: 1.21%of portfolio
Place
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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.