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RESIDENTIAL WHOLESALE MORTGAGE, INC.

Independent Mortgage Company|SAN DIEGO, CA|Multi-Region
Loans Originated
914
Applications
1,310
Volume
$425 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Safe Rate AwardsVA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.286%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,047
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.8%
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

Things to Think About

  • Pricing may be below industry average

Report Card

RESIDENTIAL WHOLESALE MORTGAGE, INC. performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Jumbo
StrongHighly Competitive
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 18 metro areas · 22 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$465,503
Average Borrower Income
$166,925
Average Property Value
$621,761

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Acceptable
Sound
54159.2%+0.276%$2,988
FHA Loans
Sound
Strong
Acceptable
Strong
23625.8%+0.512%$3,645
VA Loans
Strong
Strong
Sound
Strong
9310.2%-0.223%$2,227
Jumbo Loans
Sound
Strong
N/A
Sound
262.8%+0.318%$2,280
USDA Loans
Strong
Strong
N/A
Strong
182.0%+0.346%$1,986

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Strong
80788.3%+0.304%$3,196
Refinance
Acceptable
Sound
Acceptable
Acceptable
10711.7%+0.174%$2,112

Geographic Coverage

Metro Areas
17
States Served
22
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ALARAZCACOFLGAIDILINKYMIMNNCNVOHORSCTNTXUTWA

Top Metro Areas by Place Specialization Score

1
San Diego, CAMSA
Volume: 161Mix: 17.61%
Place Specialization
Strong
2
Bellingham, WA, WAMSA
Volume: 50Mix: 5.47%
Place Specialization
Strong
3
Visalia, CA, CAMSA
Volume: 52Mix: 5.69%
Place Specialization
Strong
4
Riverside, CAMSA
Volume: 117Mix: 12.80%
Place Specialization
Strong
5
Fresno, CA, CAMSA
Volume: 36Mix: 3.94%
Place Specialization
Sound
6
Lake Havasu City, AZMSA
Volume: 22Mix: 2.41%
Place Specialization
Sound
7
Yuma, AZ, AZMSA
Volume: 22Mix: 2.41%
Place Specialization
Sound
8
Las Vegas, NVMSA
Volume: 26Mix: 2.84%
Place Specialization
Sound
9
Colorado Springs, CO, COMSA
Volume: 23Mix: 2.52%
Place Specialization
Sound
10
Denver, COMSA
Volume: 17Mix: 1.86%
Place Specialization
Sound
Showing 10 of 17 metro areas

Top States by Place Specialization Score

1
CAState
Volume: 438Mix: 47.92%
Place Specialization
Strong
2
WAState
Volume: 79Mix: 8.64%
Place Specialization
Strong
3
AZState
Volume: 64Mix: 7.00%
Place Specialization
Sound
4
UTState
Volume: 44Mix: 4.81%
Place Specialization
Sound
5
COState
Volume: 52Mix: 5.69%
Place Specialization
Sound
6
NVState
Volume: 34Mix: 3.72%
Place Specialization
Sound
7
NCState
Volume: 37Mix: 4.05%
Place Specialization
Sound
8
OHState
Volume: 27Mix: 2.95%
Place Specialization
Sound
9
TNState
Volume: 24Mix: 2.63%
Place Specialization
Sound
10
ALState
Volume: 18Mix: 1.97%
Place Specialization
Sound
Showing 10 of 13 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.

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