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Security Home Mortgage

Independent Mortgage CompanyOrem, UTHQDirectReviews near you on Google

We analyzed every closed loan from Security Home Mortgage 443 loans across 514 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Strong
4/5
Regional · 4 mkts
Safe Rate Awards
FHA Superstar
FHA
Superstar

Safe Rate Summary

What They Do Well

  • Strong pull through performance

Things to Think About

  • Pricing may be below industry average
  • Higher than average fees ($4,428)

Explore another lender or local market

Report Card

Security Home Mortgage performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+26.9 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Strong
Top 40% of lenders
VA
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Regional · 5 markets
Strong
Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Sound
Product
Sound
Pricing
Mediocre
Pull Through
Strong
Volume276
Mix62.3%
Spread
+0.301%Above
Fees
$4,258Fees
FHA Loans
Overall
Strong
Product
Strong
Pricing
Acceptable
Pull Through
Exceptional
Volume147
Mix33.2%
Spread
+0.256%Above
Fees
$4,798Fees
VA Loans
Overall
Sound
Product
Sound
Pricing
Pull Through
Volume12
Mix2.7%
Spread
-0.390%Below
Fees
$6,097Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Strong
Pricing
Acceptable
Pull Through
Strong
Volume370
Mix83.5%
Spread
+0.268%Above
Fees
$4,501Fees
Refinance
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Exceptional
Volume73
Mix16.5%
Spread
+0.271%Above
Fees
$4,132Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
443
Applications
514
Volume
$194 million
Pricing & Closing
Avg Rate Spread
+0.269%
vs. market APOR
Avg Net Fees
$4,428
Origination − Credits
Pullthrough Rate
86.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$438,725
Avg Borrower Income
$156,910
Avg Property Value
$569,131

Geographic Coverage

Geographic Performance

Metro Areas
4
markets with activity
States Served
3
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

3
3 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
West3
AZIDUT

Top Metro Areas by Place Specialization Score

Volume 218Mix 49.21% of portfolio
86/100
Exceptional
Volume 117Mix 26.41% of portfolio
75/100
Strong
Volume 32Mix 7.22% of portfolio
60/100
Sound
4© Jrozwado · CC BY-SA 4.0
St. George, UTMetro
Volume 11Mix 2.48% of portfolio
46/100
Sound

Top States by Place Specialization Score

Utah
Utah
1
UtahState
Volume 434Mix 97.97% of portfolio
84/100
Exceptional

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.