What loan types does Planet Home Lending offer?

Planet Home Lending offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, usda. Each product has its own pricing score and performance metrics.

Where does Planet Home Lending offer mortgages?

Planet Home Lending is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are Planet Home Lending's mortgage rates?

Planet Home Lending has an overall pricing score of 39.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Planet Home Lending?

Planet Home Lending is a Independent Mortgage Company headquartered in WILMINGTON, DE.

Unclaimed

Planet Home Lending

Independent Mortgage Company•Wilmington, DEHQ•Direct & Wholesale•Reviews near you on Google

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

Awards

Conventional

Superstar

FHA

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

Pull Through

Closing strength

Exceptional

Top 20% of lenders

By Loan Product· Specialization by type

Conventional

Strong

Top 40% of lenders

FHA

Exceptional

Top 20% of lenders

Exceptional

Top 20% of lenders

Jumbo

Sound

Top 60% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

National · 50 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Strong	Acceptable	Strong	2,036	42.9%	+0.296%Above	$2,931Fees
FHA Loans	Strong	Exceptional	Sound	Strong	1,622	34.2%	+0.482%Above	$2,874Fees
VA Loans	Strong	Exceptional	Sound	Strong	937	19.7%	-0.202%Below	$3,017Fees
Jumbo Loans	Acceptable	Sound	—	Acceptable	21	0.4%	+0.669%Above	$872Fees
USDA Loans	Strong	Exceptional	Sound	Strong	130	2.7%	+0.276%Above	$2,344Fees

Conventional

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Strong

Volume2,036

Mix42.9%

Spread

+0.296%Above

Fees

$2,931Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume1,622

Mix34.2%

Spread

+0.482%Above

Fees

$2,874Fees

VA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume937

Mix19.7%

Spread

-0.202%Below

Fees

$3,017Fees

Jumbo Loans

Overall

Acceptable

Product

Sound

Pricing—

Pull Through

Acceptable

Volume21

Mix0.4%

Spread

+0.669%Above

Fees

$872Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

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	Strong	Exceptional	Acceptable	Strong	3,524	74.3%	+0.358%Above	$2,939Fees
Refinance	Strong	Strong	Strong	Strong	1,222	25.7%	+0.102%Above	$2,838Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume3,524

Mix74.3%

Spread

+0.358%Above

Fees

$2,939Fees

Refinance

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Strong

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

markets with activity

States Served

Includes Washington, DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

51Nationwide · all 50 states and DC

Northeast9

CTMEMANHNJNYPARIVT

Midwest12

IAILINKSMIMNMONDNEOHSDWI

South17

ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV

West13

AKAZCACOHIIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Shreveport-Bossier Convention and Tourist Bureau · CC BY 2.0

Shreveport, LAMetro

Volume 129Mix 2.72% of portfolio

89/100

Exceptional

2© Xnatedawgx · CC BY-SA 4.0

Wichita, KSMetro

Volume 130Mix 2.74% of portfolio

75/100

Strong

3© Michael Barera · CC BY-SA 4.0

Dallas, TXMetro

Volume 213Mix 4.49% of portfolio

70/100

Strong

Coeur d'Alene, IDMetro

Volume 59Mix 1.24% of portfolio

69/100

Strong

Milwaukee, WIMetro

Volume 118Mix 2.49% of portfolio

68/100

Strong

Huntsville, ALMetro

Volume 72Mix 1.52% of portfolio

67/100

Strong

Denver, COMetro

Volume 148Mix 3.12% of portfolio

66/100

Strong

Allentown, PA-NJMetro

Volume 60Mix 1.26% of portfolio

65/100

Strong

Fort Worth, TXMetro

Volume 93Mix 1.96% of portfolio

65/100

Strong

Riverside, CAMetro

Volume 128Mix 2.70% of portfolio

64/100

Strong

Showing 10 of 49 metro areas

Top States by Place Specialization Score

KansasState

Volume 178Mix 3.75% of portfolio

74/100

Strong

LouisianaState

Volume 279Mix 5.88% of portfolio

73/100

Strong

TexasState

Volume 549Mix 11.57% of portfolio

71/100

Strong

WisconsinState

Volume 260Mix 5.48% of portfolio

71/100

Strong

MississippiState

Volume 178Mix 3.75% of portfolio

70/100

Strong

FloridaState

Volume 509Mix 10.72% of portfolio

70/100

Strong

ColoradoState

Volume 238Mix 5.01% of portfolio

68/100

Strong

PennsylvaniaState

Volume 233Mix 4.91% of portfolio

68/100

Strong

AlabamaState

Volume 145Mix 3.06% of portfolio

67/100

Strong

CaliforniaState

Volume 361Mix 7.61% of portfolio

66/100

Strong

Showing 10 of 38 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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.

Looking for a different lender?

Are you the owner of Planet Home Lending?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

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.