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Onward Home Mortgage, LLC

Independent Mortgage Company|WILMINGTON, DE|Regional
Loans Originated
482
Applications
699
Volume
$204 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.302%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,621
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pricing may be below industry average

Report Card

Onward Home Mortgage, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
SoundIndustry Standard
VA
SoundIndustry Standard
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundRegional · 4 metro areas · 5 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$423,797
Average Borrower Income
$165,710
Average Property Value
$537,469

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Acceptable
Sound
41285.5%+0.286%$3,624
FHA Loans
Sound
Sound
Acceptable
Sound
387.9%+0.614%$3,890
VA Loans
Sound
Sound
N/A
N/A
102.1%-0.156%$2,485
Jumbo Loans
Strong
Strong
N/A
Strong
183.7%+0.193%$3,459

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Acceptable
Sound
46095.4%+0.296%$3,571
Refinance
Acceptable
Acceptable
Mediocre
Acceptable
224.6%+0.411%$4,610

Geographic Coverage

Metro Areas
3
States Served
5
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALFLGASCTN

Top Metro Areas by Place Specialization Score

1
Atlanta, GAMSA
Volume: 324Mix: 67.22%
Place Specialization
Exceptional
2
Marietta, GA, GAMSA
Volume: 107Mix: 22.20%
Place Specialization
Strong
3
Gainesville, GA, GAMSA
Volume: 11Mix: 2.28%
Place Specialization
Sound

Top States by Place Specialization Score

1
GAState
Volume: 458Mix: 95.02%
Place Specialization
Exceptional
2
ALState
Volume: 10Mix: 2.07%
Place Specialization
Acceptable

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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