Looking for a different lender?
P
PEAK RESIDENTIAL LENDING INC
Independent Mortgage Company|Gilbert, AZ|Multi-Region
Loans Originated
449
Applications
633
Volume
$174 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Pricing and Pullthrough Overview
Average Rate Spread
+0.339%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,961
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
70.9%
Percentage of applications that result in closed loans
Safe Rate's 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
Report Card
PEAK RESIDENTIAL LENDING INC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Strong | Multi-Regional · 7 metro areas · 11 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$388,318
Average Borrower Income
$141,724
Average Property Value
$496,514
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Mediocre | Strong | 297 | 66.1% | +0.357% | $4,052 |
FHA Loans | Sound | Strong | Acceptable | Strong | 105 | 23.4% | +0.435% | $3,916 |
VA Loans | Sound | Strong | Acceptable | Exceptional | 41 | 9.1% | -0.186% | $3,452 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Acceptable | Strong | 403 | 89.8% | +0.344% | $3,971 |
Refinance | Sound | Sound | Acceptable | Sound | 46 | 10.2% | +0.288% | $3,863 |
Geographic Coverage
Metro Areas
6
States Served
11
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ARAZCAFLIDKYMTNVTNTXWA
Top Metro Areas by Place Specialization Score
1
Yuba City, CA, CAMSA
Volume: 134Mix: 29.84%
Place Specialization
Exceptional
2
Bakersfield, CAMSA
Volume: 60Mix: 13.36%
Place Specialization
Strong
3
Sacramento, CAMSA
Volume: 75Mix: 16.70%
Place Specialization
Strong
4
Reno, NV, NVMSA
Volume: 31Mix: 6.90%
Place Specialization
Strong
5
Chico, CA, CAMSA
Volume: 19Mix: 4.23%
Place Specialization
Sound
6
Phoenix, AZMSA
Volume: 36Mix: 8.02%
Place Specialization
Sound
Top States by Place Specialization Score
1
CAState
Volume: 323Mix: 71.94%
Place Specialization
Strong
2
AZState
Volume: 61Mix: 13.59%
Place Specialization
Sound
3
NVState
Volume: 39Mix: 8.69%
Place Specialization
Sound
4
KYState
Volume: 10Mix: 2.23%
Place Specialization
Sound
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 PEAK RESIDENTIAL LENDING INC with other lenders or get personalized recommendations.