Princeton Mortgage Corporation
We analyzed every closed loan from Princeton Mortgage Corporation — 783 loans across 1k 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
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · USDA
Place
Sound
3/5
Near-National · 22 mkts
Summary
What They Do Well
- Particularly strong in FHA and VA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Princeton Mortgage Corporation performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+41.6 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Strong
Top 40% of lenders
VA
Strong
Top 40% of lenders
USDA
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Near-National · 23 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 | 516 | 65.9% | +0.396%Above | $3,226Fees | ||||
FHA Loans | 189 | 24.1% | +0.675%Above | $2,981Fees | ||||
VA Loans | 62 | 7.9% | -0.173%Below | $2,663Fees | ||||
USDA Loans | — | 11 | 1.4% | +0.291%Above | $1,708Fees |
Conventional
OverallAcceptable
ProductSound
PricingAcceptable
Pull ThroughAcceptable
Volume516
Mix65.9%
Spread
+0.396%Above
Fees
$3,226Fees
FHA Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume189
Mix24.1%
Spread
+0.675%Above
Fees
$2,981Fees
VA Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume62
Mix7.9%
Spread
-0.173%Below
Fees
$2,663Fees
USDA Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughAcceptable
Volume11
Mix1.4%
Spread
+0.291%Above
Fees
$1,708Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 699 | 89.3% | +0.435%Above | $3,085Fees | ||||
Refinance | 84 | 10.7% | +0.244%Above | $3,234Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume699
Mix89.3%
Spread
+0.435%Above
Fees
$3,085Fees
Refinance
OverallSound
ProductSound
PricingAcceptable
Pull ThroughAcceptable
Volume84
Mix10.7%
Spread
+0.244%Above
Fees
$3,234Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
783
Applications
1,217
Volume
$258 million
Pricing & Closing
Avg Rate Spread
+0.416%
vs. market APOR
Avg Net Fees
$3,100
Origination − Credits
Pullthrough Rate
64.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$330,619
Avg Borrower Income
$136,688
Avg Property Value
$416,162
Geographic Coverage
Geographic Performance
Metro Areas
22
markets with activity
States Served
25
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
25Northeast3
MANJPA
Midwest4
ILKSMIOH
South14
ALARDEFLGALAMDMSNCSCTNTXVAWV
West4
AZCACONM
Top Metro Areas by Place Specialization Score
Volume 109Mix 13.92% of portfolio
75/100
Strong
Volume 79Mix 10.09% of portfolio
70/100
Strong
Volume 57Mix 7.28% of portfolio
67/100
Strong
Volume 42Mix 5.36% of portfolio
63/100
Strong
Volume 31Mix 3.96% of portfolio
58/100
Sound
Volume 24Mix 3.07% of portfolio
58/100
Sound
Volume 20Mix 2.55% of portfolio
56/100
Sound
Volume 44Mix 5.62% of portfolio
56/100
Sound
Volume 26Mix 3.32% of portfolio
53/100
Sound
Volume 21Mix 2.68% of portfolio
50/100
SoundShowing 10 of 22 metro areas
Top States by Place Specialization Score
1
PennsylvaniaState
Volume 235Mix 30.01% of portfolio
73/100
Strong2
South CarolinaState
Volume 119Mix 15.20% of portfolio
69/100
Strong3
AlabamaState
Volume 93Mix 11.88% of portfolio
67/100
Strong4
New JerseyState
Volume 80Mix 10.22% of portfolio
63/100
Strong5
GeorgiaState
Volume 77Mix 9.83% of portfolio
59/100
Sound6
MississippiState
Volume 31Mix 3.96% of portfolio
53/100
Sound7
VirginiaState
Volume 29Mix 3.70% of portfolio
49/100
Sound8
TennesseeState
Volume 20Mix 2.55% of portfolio
45/100
Sound9
IllinoisState
Volume 16Mix 2.04% of portfolio
42/100
Sound10
TexasState
Volume 23Mix 2.94% of portfolio
41/100
SoundShowing 10 of 11 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.
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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.