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Mms Mortgage Services, Ltd.

Independent Mortgage CompanyFARMINGTON HILLS, MIDirect to Consumer

Mms Mortgage Services has 239 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Strong
vs. all lenders
Pull Through
Strong
closing strength
Products
Sound
FHA · Conventional
Place
Sound
Regional · 5 mkts
Safe Rate AwardsConventional SuperstarFHA SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Strong pull through performance

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Report Card

Mms Mortgage Services, Ltd. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Highly Competitive
+13.8 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
FHA
Sound
Industry Standard
Top 60% 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
Regional6 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Strong
Strong
20083.7%
+0.104%Above
$2,137Fees
FHA Loans
Strong
Sound
Strong
Strong
3313.8%
+0.400%Above
$2,282Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Strong
Sound
15966.5%
+0.154%Above
$2,126Fees
Refinance
Strong
Strong
Strong
Exceptional
8033.5%
+0.107%Above
$2,190Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
239
Applications
278
Volume
$48 million
Pricing & Closing
Avg Rate Spread
+0.138%
vs. market APOR
Avg Net Fees
$2,147
Origination − Credits
Pullthrough Rate
86.0%
Applications → Closed
Typical Borrower
Avg Loan Amount
$203,117
Avg Borrower Income
$107,310
Avg Property Value
$286,841

Geographic Coverage

Geographic Performance

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

States with Loan Originations

FLIAMIOHTN

Top Metro Areas by Place Specialization Score

1
Muskegon, MIMSA
Volume: 34Mix: 14.23%of portfolio
Place
Strong
2
Grand Rapids, MIMSA
Volume: 85Mix: 35.56%of portfolio
Place
Strong
3
Warren, MIMSA
Volume: 25Mix: 10.46%of portfolio
Place
Sound
4
Detroit, MIMSA
Volume: 19Mix: 7.95%of portfolio
Place
Sound
5
Cleveland, OH, OHMSA
Volume: 12Mix: 5.02%of portfolio
Place
Sound

Top States by Place Specialization Score

1
MIState
Volume: 220Mix: 92.05%of portfolio
Place
Strong
2
OHState
Volume: 15Mix: 6.28%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.