Looking for a different lender?
P
Primis Mortgage Company
Independent Mortgage Company|Wilmington, NC|Near-National
Loans Originated
2,040
Applications
2,840
Volume
$721 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Safe Rate Awards⭐FHA Superstar⭐VA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.335%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,113
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.8%
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 and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Report Card
Primis Mortgage Company 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 | |
Jumbo | Strong | Highly Competitive | |
USDA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Sound | Near-National · 26 metro areas · 38 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$353,652
Average Borrower Income
$139,819
Average Property Value
$431,029
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Acceptable | Sound | 1,102 | 54.0% | +0.349% | $3,164 |
FHA Loans | Strong | Strong | Sound | Strong | 624 | 30.6% | +0.507% | $3,293 |
VA Loans | Strong | Strong | Sound | Strong | 245 | 12.0% | -0.217% | $2,320 |
Jumbo Loans | Sound | Strong | Acceptable | Sound | 33 | 1.6% | +0.302% | $3,692 |
USDA Loans | Strong | Strong | N/A | Strong | 36 | 1.8% | +0.447% | $2,493 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Acceptable | Sound | 1,874 | 91.9% | +0.335% | $3,129 |
Refinance | Sound | Strong | Acceptable | Sound | 166 | 8.1% | +0.329% | $2,961 |
Geographic Coverage
Metro Areas
25
States Served
38
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ALARAZCACOCTDEFLGAIAINKSKYLAMAMDMNMOMSMTNCNDNENJNMNVOHOKPASCSDTNTXUTVAWAWVWY
Top Metro Areas by Place Specialization Score
1
Nashville, TNMSA
Volume: 405Mix: 19.85%
Place Specialization
Exceptional
2
Charlotte, NC-SCMSA
Volume: 336Mix: 16.47%
Place Specialization
Exceptional
3
Wilmington, NC, NCMSA
Volume: 103Mix: 5.05%
Place Specialization
Strong
4
San Antonio, TXMSA
Volume: 103Mix: 5.05%
Place Specialization
Strong
5
Austin, TXMSA
Volume: 68Mix: 3.33%
Place Specialization
Strong
6
Hickory, NCMSA
Volume: 41Mix: 2.01%
Place Specialization
Strong
7
Jacksonville, NC, NCMSA
Volume: 32Mix: 1.57%
Place Specialization
Strong
8
Raleigh, NCMSA
Volume: 52Mix: 2.55%
Place Specialization
Sound
9
Charleston, SCMSA
Volume: 34Mix: 1.67%
Place Specialization
Sound
10
Fayetteville, NC, NCMSA
Volume: 25Mix: 1.23%
Place Specialization
Sound
Showing 10 of 25 metro areas
Top States by Place Specialization Score
1
TNState
Volume: 649Mix: 31.81%
Place Specialization
Exceptional
2
NCState
Volume: 679Mix: 33.28%
Place Specialization
Strong
3
TXState
Volume: 270Mix: 13.24%
Place Specialization
Strong
4
SCState
Volume: 89Mix: 4.36%
Place Specialization
Strong
5
VAState
Volume: 78Mix: 3.82%
Place Specialization
Sound
6
FLState
Volume: 90Mix: 4.41%
Place Specialization
Sound
7
WAState
Volume: 40Mix: 1.96%
Place Specialization
Sound
8
ALState
Volume: 31Mix: 1.52%
Place Specialization
Sound
9
GAState
Volume: 23Mix: 1.13%
Place Specialization
Sound
10
MDState
Volume: 19Mix: 0.93%
Place Specialization
Sound
Showing 10 of 11 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 Primis Mortgage Company with other lenders or get personalized recommendations.