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Security Home Mortgage, Llc.

Independent Mortgage CompanyOrem, UTDirect to Consumer

We analyzed every closed loan from Security Home Mortgage 443 loans across 514 applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Acceptable
vs. all lenders
Pull Through
Strong
closing strength
Products
Strong
FHA · Conventional · VA
Place
Strong
Regional · 4 mkts

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Safe Rate's 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)

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Report Card

Security Home Mortgage, Llc. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
Near industry average
+26.9 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
VA
Sound
Industry Standard
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Regional5 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
Mediocre
Strong
27662.3%
+0.301%Above
$4,258Fees
FHA Loans
Sound
Strong
Acceptable
Exceptional
14733.2%
+0.256%Above
$4,798Fees
VA Loans
Sound
Sound
122.7%
-0.390%Below
$6,097Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Strong
37083.5%
+0.268%Above
$4,501Fees
Refinance
Sound
Strong
Mediocre
Exceptional
7316.5%
+0.271%Above
$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
States Served
3
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZIDUT

Top Metro Areas by Place Specialization Score

1
Provo, UTMSA
Volume: 218Mix: 49.21%of portfolio
Place
Exceptional
2
Salt Lake City, UTMSA
Volume: 117Mix: 26.41%of portfolio
Place
Strong
3
Ogden, UT, UTMSA
Volume: 32Mix: 7.22%of portfolio
Place
Sound
4
St. George, UT, UTMSA
Volume: 11Mix: 2.48%of portfolio
Place
Sound

Top States by Place Specialization Score

1
UTState
Volume: 434Mix: 97.97%of portfolio
Place
Exceptional

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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.