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Claim this ProfilePlanet Home Lending
We analyzed every closed loan from Planet Home Lending — 4.7k loans across 6k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
FHA
Superstar
VA
Superstar
USDA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Planet Home Lending performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+28.4 bps above market avg
2/5
Pull Through
Closing strength
Exceptional
Top 20% of lenders
5/5
By Loan Product· Specialization by type
Conventional
2,036 loans · 0.30% above market
Strong
Top 40% of lenders
4/5
FHA
1,622 loans · 0.48% above market
Exceptional
Top 20% of lenders
5/5
VA
937 loans · 0.20% below market
Exceptional
Top 20% of lenders
5/5
Jumbo
21 loans · 0.67% above market
Sound
Top 60% of lenders
3/5
USDA
130 loans · 0.28% above market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
3,524 loans · 0.36% above market
Exceptional
Top 20% of lenders
5/5
Refinance
1,222 loans · 0.10% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
National · 50 markets
Sound
Top 60% of lenders
3/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 2,036 | 42.9% | +0.296%Above | $2,931Fees | ||||
FHA Loans | 1,622 | 34.2% | +0.482%Above | $2,874Fees | ||||
VA Loans | 937 | 19.7% | -0.202%Below | $3,017Fees | ||||
Jumbo Loans | — | 21 | 0.4% | +0.669%Above | $872Fees | |||
USDA Loans | 130 | 2.7% | +0.276%Above | $2,344Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume2,036
Mix42.9%
Spread
+0.296%Above
Fees
$2,931Fees
FHA Loans
OverallStrong
ProductExceptional
PricingSound
Pull ThroughStrong
Volume1,622
Mix34.2%
Spread
+0.482%Above
Fees
$2,874Fees
VA Loans
OverallStrong
ProductExceptional
PricingSound
Pull ThroughStrong
Volume937
Mix19.7%
Spread
-0.202%Below
Fees
$3,017Fees
Jumbo Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughAcceptable
Volume21
Mix0.4%
Spread
+0.669%Above
Fees
$872Fees
USDA Loans
OverallStrong
ProductExceptional
PricingSound
Pull ThroughStrong
Volume130
Mix2.7%
Spread
+0.276%Above
Fees
$2,344Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 3,524 | 74.3% | +0.358%Above | $2,939Fees | ||||
Refinance | 1,222 | 25.7% | +0.102%Above | $2,838Fees |
Purchase
OverallStrong
ProductExceptional
PricingAcceptable
Pull ThroughStrong
Volume3,524
Mix74.3%
Spread
+0.358%Above
Fees
$2,939Fees
Refinance
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume1,222
Mix25.7%
Spread
+0.102%Above
Fees
$2,838Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
4,746
Applications
6,485
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
+0.284%
vs. market APOR
Avg Net Fees
$2,910
Origination − Credits
Pullthrough Rate
73.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$328,021
Avg Borrower Income
$125,290
Avg Property Value
$411,233
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
51
Includes Washington, DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
51Full-year 2024 · HMDANationwide · all 50 states and DCLoans originated
< 5050–100100–200200+None
Northeast9
CTMEMANHNJNYPARIVT
Midwest12
IAILINKSMIMNMONDNEOHSDWI
South17
ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West13
AKAZCACOHIIDMTNMNVORUTWAWY
Top Metro Areas by Place Specialization Score
9© No machine-readable author provided. Billy Hathorn assumed (based on copyright claims). · CC BY-SA 3.0Fort Worth, TXMetro
Volume 93Mix 1.96% of portfolio
65/100
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 38 states
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps: Pricing, Product, Pull-Through, Place, and Promptness. Promptness measures how quickly a lender answers real shopper quote requests; a lender with none measured yet is counted at an estimate.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary Safe Rate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
Looking for a different lender?
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.