We analyzed every closed loan from MY Mortgage — 849 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Sound
3/5
Multi-Region · 12 mkts
Summary
What They Do Well
- Strong pull through performance
Things to Think About
- Rates typically 84 basis points above market average
- Higher than average fees ($4,680)
Explore another lender or local market
Report Card
MY Mortgage performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+83.7 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Strong
Top 40% of lenders
VA
Acceptable
Bottom 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 13 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 | 425 | 50.1% | +0.836%Above | $4,659Fees | ||||
FHA Loans | 404 | 47.6% | +0.898%Above | $4,810Fees | ||||
VA Loans | — | — | 12 | 1.4% | -0.354%Below | $3,221Fees |
Conventional
OverallAcceptable
ProductSound
PricingMediocre
Pull ThroughSound
Volume425
Mix50.1%
Spread
+0.836%Above
Fees
$4,659Fees
FHA Loans
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume404
Mix47.6%
Spread
+0.898%Above
Fees
$4,810Fees
VA Loans
OverallAcceptable
ProductAcceptable
Pricing—
Pull Through—
Volume12
Mix1.4%
Spread
-0.354%Below
Fees
$3,221Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 768 | 90.5% | +0.904%Above | $4,840Fees | ||||
Refinance | 81 | 9.5% | +0.393%Above | $3,611Fees |
Purchase
OverallSound
ProductStrong
PricingMediocre
Pull ThroughSound
Volume768
Mix90.5%
Spread
+0.904%Above
Fees
$4,840Fees
Refinance
OverallAcceptable
ProductSound
PricingMediocre
Pull ThroughSound
Volume81
Mix9.5%
Spread
+0.393%Above
Fees
$3,611Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
849
Applications
1,227
Volume
$340 million
Pricing & Closing
Avg Rate Spread
+0.837%
vs. market APOR
Avg Net Fees
$4,680
Origination − Credits
Pullthrough Rate
69.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$400,925
Avg Borrower Income
$149,269
Avg Property Value
$453,810
Geographic Coverage
Geographic Performance
Metro Areas
12
markets with activity
States Served
17
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
17Northeast3
CTNJPA
Midwest1
NE
South11
DCDEFLGAMDNCSCTNTXVAWV
West2
CACO
Top Metro Areas by Place Specialization Score
Volume 240Mix 28.27% of portfolio
80/100
Exceptional
Volume 174Mix 20.49% of portfolio
76/100
Strong
Volume 65Mix 7.66% of portfolio
64/100
Strong
Volume 71Mix 8.36% of portfolio
64/100
Strong
Volume 30Mix 3.53% of portfolio
56/100
Sound
Volume 31Mix 3.65% of portfolio
53/100
Sound
Volume 22Mix 2.59% of portfolio
52/100
Sound
Volume 21Mix 2.47% of portfolio
52/100
Sound
Volume 13Mix 1.53% of portfolio
46/100
Sound
Volume 11Mix 1.30% of portfolio
42/100
SoundShowing 10 of 12 metro areas
Top States by Place Specialization Score
1
FloridaState
Volume 690Mix 81.27% of portfolio
79/100
Strong2
MarylandState
Volume 62Mix 7.30% of portfolio
59/100
Sound3
West VirginiaState
Volume 19Mix 2.24% of portfolio
49/100
Sound4
New JerseyState
Volume 26Mix 3.06% of portfolio
49/100
Sound5
VirginiaState
Volume 10Mix 1.18% of portfolio
37/100
Acceptable6
TexasState
Volume 11Mix 1.30% of portfolio
34/100
AcceptableHow 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.