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SEMPER HOME LOANS, INC

Independent Mortgage Company|WILMINGTON, DE|Multi-Region
Loans Originated
506
Applications
638
Volume
$188 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
+0.548%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$5,119
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
79.3%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in FHA and VA loans

Things to Think About

  • Rates typically 55 basis points above market average
  • Higher than average fees ($5,119)

Report Card

SEMPER HOME LOANS, INC 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
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 8 metro areas · 14 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$373,399
Average Borrower Income
$130,502
Average Property Value
$440,455

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
Mediocre
Sound
24748.8%+0.529%$4,554
FHA Loans
Sound
Strong
Mediocre
Exceptional
22544.5%+0.656%$5,834
VA Loans
Strong
Strong
N/A
Strong
305.9%-0.003%$5,111

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Mediocre
Strong
45389.5%+0.568%$5,131
Refinance
Acceptable
Sound
Mediocre
Strong
5310.5%+0.353%$4,995

Geographic Coverage

Metro Areas
7
States Served
14
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

CACTFLGAMANCNHNJPARISCTNTXVT

Top Metro Areas by Place Specialization Score

1
Providence, RI-MAMSA
Volume: 267Mix: 52.77%
Place Specialization
Exceptional
2
Springfield, MA, MAMSA
Volume: 34Mix: 6.72%
Place Specialization
Strong
3
Worcester, MA, MAMSA
Volume: 26Mix: 5.14%
Place Specialization
Sound
4
San Antonio, TXMSA
Volume: 22Mix: 4.35%
Place Specialization
Sound
5
Hartford, CTMSA
Volume: 18Mix: 3.56%
Place Specialization
Sound
6
Norwich, CTMSA
Volume: 11Mix: 2.17%
Place Specialization
Sound
7
Cambridge, MAMSA
Volume: 12Mix: 2.37%
Place Specialization
Sound

Top States by Place Specialization Score

1
RIState
Volume: 252Mix: 49.80%
Place Specialization
Exceptional
2
MAState
Volume: 102Mix: 20.16%
Place Specialization
Strong
3
CTState
Volume: 55Mix: 10.87%
Place Specialization
Strong
4
PAState
Volume: 25Mix: 4.94%
Place Specialization
Sound
5
TXState
Volume: 27Mix: 5.34%
Place Specialization
Sound
6
NJState
Volume: 14Mix: 2.77%
Place Specialization
Sound
7
FLState
Volume: 10Mix: 1.98%
Place Specialization
Acceptable

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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