What loan types does Servion, Inc. offer?

Servion, Inc. offers the following mortgage loan types: FHA, Conventional, VA, usda. Each product has its own pricing score and performance metrics.

Where does Servion, Inc. offer mortgages?

Servion, Inc. is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are Servion, Inc.'s mortgage rates?

Servion, Inc. has an overall pricing score of 44.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Servion, Inc.?

Servion, Inc. is a Independent Mortgage Company headquartered in NEW BRIGHTON, MN.

Unclaimed

Servion, Inc.

Independent Mortgage Company•NEW BRIGHTON, MN•Direct to Consumer

We analyzed every closed loan from Servion — 1.5k loans across 2k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing

Sound

vs. all lenders

Pull Through

Strong

closing strength

Products

Strong

FHA · Conventional · VA · USDA

Place

Sound

National · 20 mkts

Safe Rate Awards⭐Conventional Superstar⭐VA Superstar⭐Purchase Superstar⭐Refinance Superstar

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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

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Report Card

Servion, Inc. performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Sound	Industry Standard +33.3 bps above market avg
Pull Through Closing strength	Strong	Highly Competitive Top 40% of lenders
By Loan Product· Specialization by type
Conventional	Strong	Highly Competitive Top 40% of lenders
FHA	Strong	Highly Competitive Top 40% of lenders
VA	Strong	Highly Competitive Top 40% of lenders
USDA	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	Sound	Industry Standard Top 60% of lenders National21 markets

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Strong	Sound	Strong	1,102	75.0%	+0.305%Above	$2,118Fees
FHA Loans	Sound	Strong	Sound	Sound	218	14.8%	+0.673%Above	$1,818Fees
VA Loans	Strong	Strong	Sound	Strong	132	9.0%	-0.097%Below	$1,556Fees
USDA Loans	Acceptable	Sound	—	Acceptable	16	1.1%	+0.451%Above	$1,440Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Strong	Sound	Strong	1,207	82.1%	+0.328%Above	$2,067Fees
Refinance	Strong	Strong	Sound	Strong	263	17.9%	+0.352%Above	$1,830Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

1,470

Applications

1,999

Volume

$367 million

Pricing & Closing

Avg Rate Spread

+0.333%

vs. market APOR

Avg Net Fees

$2,024

Origination − Credits

Pullthrough Rate

73.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$249,776

Avg Borrower Income

$103,546

Avg Property Value

$323,007

Geographic Coverage

Geographic Performance

Metro Areas

States Served

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

La Crosse, WI-MNMSA

Volume: 111Mix: 7.55%of portfolio

Place

Strong

Duluth, MN, MN-WIMSA

Volume: 98Mix: 6.67%of portfolio

Place

Strong

Minneapolis, MN-WIMSA

Volume: 161Mix: 10.95%of portfolio

Place

Strong

Billings, MT, MTMSA

Volume: 40Mix: 2.72%of portfolio

Place

Strong

Rochester, MN, MNMSA

Volume: 45Mix: 3.06%of portfolio

Place

Strong

St. Cloud, MN, MNMSA

Volume: 21Mix: 1.43%of portfolio

Place

Sound

Omaha, NE, NE-IAMSA

Volume: 28Mix: 1.90%of portfolio

Place

Sound

Elgin, IL, ILMSA

Volume: 23Mix: 1.56%of portfolio

Place

Sound

Cheyenne, WY, WYMSA

Volume: 17Mix: 1.16%of portfolio

Place

Sound

Rapid City, SD, SDMSA

Volume: 16Mix: 1.09%of portfolio

Place

Sound

Showing 10 of 20 metro areas

Top States by Place Specialization Score

MNState

Volume: 512Mix: 34.83%of portfolio

Place

Exceptional

WIState

Volume: 264Mix: 17.96%of portfolio

Place

Strong

WYState

Volume: 81Mix: 5.51%of portfolio

Place

Strong

MTState

Volume: 48Mix: 3.27%of portfolio

Place

Sound

IAState

Volume: 73Mix: 4.97%of portfolio

Place

Sound

ILState

Volume: 72Mix: 4.90%of portfolio

Place

Sound

SDState

Volume: 33Mix: 2.24%of portfolio

Place

Sound

NEState

Volume: 29Mix: 1.97%of portfolio

Place

Sound

MEState

Volume: 28Mix: 1.90%of portfolio

Place

Sound

OKState

Volume: 28Mix: 1.90%of portfolio

Place

Sound

Showing 10 of 22 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)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

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.