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ROYAL UNITED MORTGAGE LLC

Independent Mortgage Company|Indianapolis, IN|Near-National
Loans Originated
5,985
Applications
10,112
Volume
$754 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
+1.161%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,712
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
59.2%
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 loans
  • Nationwide availability with consistent service

Things to Think About

  • Rates typically 116 basis points above market average

Report Card

ROYAL UNITED MORTGAGE LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
MediocreBelow peers
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
AcceptableNear industry average
Refinance
ExceptionalMarket Leader
Places
Geographic coverage
SoundNear-National · 50 metro areas · 33 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$126,093
Average Borrower Income
$63,726
Average Property Value
$259,048

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Mediocre
Strong
5,09485.1%+1.151%$2,677
FHA Loans
Acceptable
Strong
Mediocre
Sound
75012.5%+1.290%$2,812
VA Loans
Sound
Strong
N/A
Sound
1292.2%+0.566%$4,287
USDA Loans
Sound
Sound
N/A
N/A
110.2%+1.656%$3,272

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Acceptable
Acceptable
Acceptable
2053.4%+0.805%$2,400
Refinance
Sound
Exceptional
Mediocre
Strong
5,78096.6%+1.196%$2,742

Geographic Coverage

Metro Areas
49
States Served
33
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Houston, TXMSA
Volume: 264Mix: 4.41%
Place Specialization
Strong
2
Indianapolis, INMSA
Volume: 147Mix: 2.46%
Place Specialization
Strong
3
Dallas, TXMSA
Volume: 140Mix: 2.34%
Place Specialization
Strong
4
Fort Worth, TXMSA
Volume: 89Mix: 1.49%
Place Specialization
Strong
5
Pittsburgh, PA, PAMSA
Volume: 81Mix: 1.35%
Place Specialization
Strong
6
St. Louis, MO, MO-ILMSA
Volume: 96Mix: 1.60%
Place Specialization
Strong
7
San Antonio, TXMSA
Volume: 94Mix: 1.57%
Place Specialization
Strong
8
Cleveland, OH, OHMSA
Volume: 75Mix: 1.25%
Place Specialization
Strong
9
Cincinnati, OHMSA
Volume: 57Mix: 0.95%
Place Specialization
Sound
10
Chicago, ILMSA
Volume: 83Mix: 1.39%
Place Specialization
Sound
Showing 10 of 49 metro areas

Top States by Place Specialization Score

1
TXState
Volume: 1,105Mix: 18.46%
Place Specialization
Strong
2
INState
Volume: 439Mix: 7.34%
Place Specialization
Strong
3
OHState
Volume: 380Mix: 6.35%
Place Specialization
Strong
4
PAState
Volume: 310Mix: 5.18%
Place Specialization
Strong
5
ALState
Volume: 176Mix: 2.94%
Place Specialization
Strong
6
ILState
Volume: 276Mix: 4.61%
Place Specialization
Strong
7
SCState
Volume: 179Mix: 2.99%
Place Specialization
Strong
8
KYState
Volume: 159Mix: 2.66%
Place Specialization
Strong
9
MIState
Volume: 267Mix: 4.46%
Place Specialization
Strong
10
NYState
Volume: 243Mix: 4.06%
Place Specialization
Strong
Showing 10 of 33 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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