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Nest Home Lending, LLC

Independent Mortgage CompanyWILMINGTON, DEDirect to Consumer

We analyzed every closed loan from Nest Home Lending 653 loans across 811 applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Sound
vs. all lenders
Pull Through
Strong
closing strength
Products
Strong
FHA · Conventional · VA
Place
Strong
Regional · 7 mkts
Safe Rate AwardsFHA SuperstarPurchase Superstar

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Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in FHA and VA loans

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Report Card

Nest Home Lending, LLC performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
Industry Standard
Rates 30.1 bps below 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
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
Regional7 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Sound
28643.8%
-0.335%Below
$4,474Fees
FHA Loans
Strong
Strong
Sound
Exceptional
27942.7%
-0.134%Below
$5,198Fees
VA Loans
Strong
Strong
Exceptional
8613.2%
-1.097%Below
$656Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Sound
Strong
64999.4%
-0.316%Below
$4,491Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
653
Applications
811
Volume
$261 million
Pricing & Closing
Avg Rate Spread
-0.301%
vs. market APOR
Avg Net Fees
$4,497
Origination − Credits
Pullthrough Rate
80.5%
Applications → Closed
Typical Borrower
Avg Loan Amount
$399,962
Avg Borrower Income
$125,515
Avg Property Value
$460,023

Geographic Coverage

Geographic Performance

Metro Areas
7
States Served
3
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZCOUT

Top Metro Areas by Place Specialization Score

1
Denver, COMSA
Volume: 246Mix: 37.67%of portfolio
Place
Strong
2
Colorado Springs, CO, COMSA
Volume: 128Mix: 19.60%of portfolio
Place
Strong
3
Provo, UTMSA
Volume: 103Mix: 15.77%of portfolio
Place
Strong
4
Greeley, CO, COMSA
Volume: 43Mix: 6.58%of portfolio
Place
Strong
5
Phoenix, AZMSA
Volume: 92Mix: 14.09%of portfolio
Place
Strong
6
Salt Lake City, UTMSA
Volume: 25Mix: 3.83%of portfolio
Place
Sound
7
Fort Collins, COMSA
Volume: 12Mix: 1.84%of portfolio
Place
Sound

Top States by Place Specialization Score

1
COState
Volume: 433Mix: 66.31%of portfolio
Place
Exceptional
2
UTState
Volume: 128Mix: 19.60%of portfolio
Place
Strong
3
AZState
Volume: 92Mix: 14.09%of portfolio
Place
Strong

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.