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Mk Lending Corp.

Independent Mortgage CompanyNORTH HOLLYWOOD, CADirect to Consumer

We analyzed every closed loan from Mk Lending 715 loans across 1k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Mediocre
vs. all lenders
Pull Through
Sound
closing strength
Products
Strong
FHA · Conventional · Jumbo
Place
Sound
Multi-Region · 10 mkts

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Safe Rate's Summary

What They Do Well

  • Particularly strong in FHA and Jumbo loans

Things to Think About

  • Rates typically 52 basis points above market average

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Report Card

Mk Lending Corp. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
Below peers
+51.7 bps above market avg
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
Jumbo
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Multi-Regional10 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
Acceptable
Acceptable
61285.6%
+0.468%Above
$3,730Fees
FHA Loans
Sound
Strong
Acceptable
Sound
699.7%
+0.684%Above
$3,855Fees
Jumbo Loans
Sound
Strong
Sound
344.8%
+1.213%Above
$3,577Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
Mediocre
Acceptable
51972.6%
+0.506%Above
$3,897Fees
Refinance
Acceptable
Strong
Mediocre
Acceptable
19627.4%
+0.551%Above
$3,240Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
715
Applications
1,255
Volume
$423 million
Pricing & Closing
Avg Rate Spread
+0.517%
vs. market APOR
Avg Net Fees
$3,741
Origination − Credits
Pullthrough Rate
57.0%
Applications → Closed
Typical Borrower
Avg Loan Amount
$592,371
Avg Borrower Income
$233,260
Avg Property Value
$888,077

Geographic Coverage

Geographic Performance

Metro Areas
10
States Served
9
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AZCAFLGAMDNJTXVAWA

Top Metro Areas by Place Specialization Score

1
Los Angeles, CAMSA
Volume: 228Mix: 31.89%of portfolio
Place
Strong
2
Anaheim, CAMSA
Volume: 99Mix: 13.85%of portfolio
Place
Strong
3
Riverside, CAMSA
Volume: 136Mix: 19.02%of portfolio
Place
Strong
4
Oakland, CAMSA
Volume: 34Mix: 4.76%of portfolio
Place
Sound
5
San Diego, CAMSA
Volume: 33Mix: 4.62%of portfolio
Place
Sound
6
Arlington, VA-WVMSA
Volume: 28Mix: 3.92%of portfolio
Place
Sound
7
San Francisco, CAMSA
Volume: 15Mix: 2.10%of portfolio
Place
Sound
8
San Jose, CAMSA
Volume: 12Mix: 1.68%of portfolio
Place
Sound
9
Phoenix, AZMSA
Volume: 15Mix: 2.10%of portfolio
Place
Sound
10
Atlanta, GAMSA
Volume: 11Mix: 1.54%of portfolio
Place
Acceptable

Top States by Place Specialization Score

1
CAState
Volume: 609Mix: 85.17%of portfolio
Place
Strong
2
VAState
Volume: 29Mix: 4.06%of portfolio
Place
Sound
3
MDState
Volume: 18Mix: 2.52%of portfolio
Place
Sound
4
AZState
Volume: 16Mix: 2.24%of portfolio
Place
Sound
5
TXState
Volume: 18Mix: 2.52%of portfolio
Place
Acceptable
6
GAState
Volume: 12Mix: 1.68%of portfolio
Place
Acceptable

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.