Looking for a different lender?
O
ON Q FINANCIAL, LLC
Independent Mortgage Company|SCOTTSDALE, AZ|Near-National
Loans Originated
887
Applications
1,389
Volume
$355 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Sound
Safe Rate Awards⭐VA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.260%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,088
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
63.9%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Particularly strong in Conventional and FHA and VA and Jumbo loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Report Card
ON Q FINANCIAL, LLC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Sound | Industry Standard | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Sound | Near-National · 14 metro areas · 27 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$401,032
Average Borrower Income
$144,956
Average Property Value
$522,170
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Acceptable | Sound | 563 | 63.5% | +0.208% | $3,000 |
FHA Loans | Sound | Strong | Acceptable | Strong | 228 | 25.7% | +0.599% | $3,710 |
VA Loans | Strong | Strong | Strong | Sound | 67 | 7.6% | -0.590% | $1,961 |
Jumbo Loans | Sound | Strong | N/A | Acceptable | 21 | 2.4% | +0.398% | $1,895 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Acceptable | Sound | 817 | 92.1% | +0.249% | $3,137 |
Refinance | Acceptable | Sound | Acceptable | Acceptable | 70 | 7.9% | +0.365% | $2,580 |
Geographic Coverage
Metro Areas
13
States Served
27
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ARAZCACOFLIAIDILINKYMIMNMONCNDNVOHOKORSCTNTXUTVAWAWIWY
Top Metro Areas by Place Specialization Score
1
Redding, CA, CAMSA
Volume: 55Mix: 6.20%
Place Specialization
Strong
2
Phoenix, AZMSA
Volume: 224Mix: 25.25%
Place Specialization
Strong
3
Greenville, SCMSA
Volume: 64Mix: 7.22%
Place Specialization
Strong
4
Seattle, WAMSA
Volume: 67Mix: 7.55%
Place Specialization
Strong
5
Ogden, UT, UTMSA
Volume: 37Mix: 4.17%
Place Specialization
Strong
6
Salt Lake City, UTMSA
Volume: 36Mix: 4.06%
Place Specialization
Sound
7
Charlotte, NC-SCMSA
Volume: 42Mix: 4.74%
Place Specialization
Sound
8
Tacoma, WAMSA
Volume: 24Mix: 2.71%
Place Specialization
Sound
9
Spartanburg, SC, SCMSA
Volume: 18Mix: 2.03%
Place Specialization
Sound
10
Everett, WA, WAMSA
Volume: 18Mix: 2.03%
Place Specialization
Sound
Showing 10 of 13 metro areas
Top States by Place Specialization Score
1
AZState
Volume: 237Mix: 26.72%
Place Specialization
Strong
2
WAState
Volume: 135Mix: 15.22%
Place Specialization
Strong
3
SCState
Volume: 93Mix: 10.48%
Place Specialization
Strong
4
UTState
Volume: 83Mix: 9.36%
Place Specialization
Strong
5
NCState
Volume: 81Mix: 9.13%
Place Specialization
Sound
6
CAState
Volume: 85Mix: 9.58%
Place Specialization
Sound
7
MOState
Volume: 27Mix: 3.04%
Place Specialization
Sound
8
ARState
Volume: 20Mix: 2.25%
Place Specialization
Sound
9
INState
Volume: 20Mix: 2.25%
Place Specialization
Sound
10
KYState
Volume: 13Mix: 1.47%
Place Specialization
Sound
Showing 10 of 14 states
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.
Ready to Get Started?
Compare ON Q FINANCIAL, LLC with other lenders or get personalized recommendations.