Mortgage Equity Partners
We analyzed every closed loan from Mortgage Equity Partners — 1.5k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Sound
3/5
Multi-Region · 24 mkts
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA loans
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Mortgage Equity Partners performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+47.4 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Strong
Top 40% of lenders
VA
Strong
Top 40% 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
Multi-Regional · 25 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 | 1,080 | 73.8% | +0.426%Above | $3,147Fees | ||||
FHA Loans | 321 | 21.9% | +0.736%Above | $4,665Fees | ||||
VA Loans | 51 | 3.5% | +0.058%Above | $4,285Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume1,080
Mix73.8%
Spread
+0.426%Above
Fees
$3,147Fees
FHA Loans
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume321
Mix21.9%
Spread
+0.736%Above
Fees
$4,665Fees
VA Loans
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume51
Mix3.5%
Spread
+0.058%Above
Fees
$4,285Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 1,307 | 89.3% | +0.477%Above | $3,474Fees | ||||
Refinance | 157 | 10.7% | +0.451%Above | $3,556Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume1,307
Mix89.3%
Spread
+0.477%Above
Fees
$3,474Fees
Refinance
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume157
Mix10.7%
Spread
+0.451%Above
Fees
$3,556Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,464
Applications
1,917
Volume
$551 million
Pricing & Closing
Avg Rate Spread
+0.474%
vs. market APOR
Avg Net Fees
$3,484
Origination − Credits
Pullthrough Rate
76.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$376,557
Avg Borrower Income
$146,605
Avg Property Value
$493,832
Geographic Coverage
Geographic Performance
Metro Areas
24
markets with activity
States Served
21
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
21Northeast8
CTMEMANHNJPARIVT
South10
DCDEFLGAMDNCSCTNTXVA
West3
CACOWA
Top Metro Areas by Place Specialization Score
Volume 197Mix 13.46% of portfolio
81/100
Exceptional
Volume 142Mix 9.70% of portfolio
76/100
Strong
Volume 169Mix 11.54% of portfolio
75/100
Strong
Volume 107Mix 7.31% of portfolio
70/100
Strong
Volume 120Mix 8.20% of portfolio
69/100
Strong
Volume 56Mix 3.83% of portfolio
68/100
Strong
Volume 115Mix 7.86% of portfolio
68/100
Strong
Volume 28Mix 1.91% of portfolio
65/100
Strong
Volume 37Mix 2.53% of portfolio
63/100
Strong
Volume 31Mix 2.12% of portfolio
55/100
SoundShowing 10 of 24 metro areas
Top States by Place Specialization Score
1
MassachusettsState
Volume 403Mix 27.53% of portfolio
79/100
Strong2
Rhode IslandState
Volume 150Mix 10.25% of portfolio
78/100
Strong3
ConnecticutState
Volume 175Mix 11.95% of portfolio
72/100
Strong4
MarylandState
Volume 183Mix 12.50% of portfolio
70/100
Strong5
New HampshireState
Volume 89Mix 6.08% of portfolio
68/100
Strong6
FloridaState
Volume 237Mix 16.19% of portfolio
65/100
Strong7
South CarolinaState
Volume 73Mix 4.99% of portfolio
60/100
Strong8
PennsylvaniaState
Volume 45Mix 3.07% of portfolio
51/100
Sound9
CaliforniaState
Volume 41Mix 2.80% of portfolio
47/100
Sound10
DelawareState
Volume 14Mix 0.96% of portfolio
44/100
SoundShowing 10 of 11 states
How 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.