# Servion, Inc.

> **Canonical URL:** https://saferate.com/lenders/servion

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Servion, Inc. is a independent mortgage company, headquartered in NEW BRIGHTON, MN, serving borrowers nationwide, with 1,470 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 55% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 23% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300DRA4BDXW23LD45
- **Headquarters:** NEW BRIGHTON, MN
- **Geographic Reach:** National
- **States Served:** 41
- **State List:** AL, AR, AZ, CA, CO, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 21
- **Primary Channel:** mix
- **Direct Origination:** 30.1%
- **Brokered/Wholesale:** 69.9%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 45/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.333%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,024
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,470
- **Dollar Volume:** $367 million
- **Applications Received:** 1,999
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $249,776
- **Average Borrower Income:** $103,546

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Purchase Gold Superstar** (63%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 78/100 | 1,102 | +0.305% | $2,118 | Strong 😀 |
| FHA | 69/100 | 218 | +0.673% | $1,818 | Strong 😀 |
| VA | 71/100 | 132 | -0.097% | $1,556 | Strong 😀 |
| USDA | 50/100 | 16 | +0.451% | $1,440 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 886 loans, Score: 77/100 (Strong)
- Refinance: 216 loans, Score: 77/100 (Strong)

**FHA:**
- Purchase: 195 loans, Score: 69/100 (Strong)
- Refinance: 23 loans, Score: 46/100 (Sound)

**VA:**
- Purchase: 110 loans, Score: 71/100 (Strong)
- Refinance: 22 loans, Score: 49/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 77/100 | 1,207 | $303M | +0.328% | Strong 😀 |
| Refinance | 77/100 | 263 | $65M | +0.352% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MN | 512 | 0.79% | 81/100 |
| WI | 264 | 0.40% | 75/100 |
| WY | 81 | 1.29% | 73/100 |
| IA | 73 | 0.21% | 59/100 |
| IL | 72 | 0.06% | 57/100 |
| MT | 48 | 0.46% | 59/100 |
| IN | 35 | 0.04% | 49/100 |
| SD | 33 | 0.37% | 55/100 |
| MO | 31 | 0.04% | 48/100 |
| NE | 29 | 0.14% | 52/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 511 | 73/100 |
| Minneapolis | MN-WI | 161 | 69/100 |
| La Crosse | WI-MN | 111 | 77/100 |
| Duluth, MN | MN-WI | 98 | 74/100 |
| Rochester, MN | MN | 45 | 66/100 |
| Billings, MT | MT | 40 | 67/100 |
| Omaha, NE | NE-IA | 28 | 53/100 |
| Elgin, IL | IL | 23 | 53/100 |
| St. Cloud, MN | MN | 21 | 54/100 |
| Des Moines | IA | 19 | 48/100 |
| Cheyenne, WY | WY | 17 | 51/100 |
| Milwaukee | WI | 17 | 46/100 |
| Chicago | IL | 16 | 42/100 |
| Portland | ME | 16 | 47/100 |
| Rapid City, SD | SD | 16 | 50/100 |

## Frequently Asked Questions

### 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 and performance characteristics based on HMDA data analysis.

### 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 a pricing score of 45/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.333% above market average.

### What type of lender is Servion, Inc.?

Servion, Inc. is a non-depository lender that specializes in mortgage origination, headquartered in NEW BRIGHTON, MN.

### What is Servion, Inc.'s loan approval success rate?

Servion, Inc. has a pull-through score of 77/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/servion

### How to Cite

> "Servion, Inc. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/servion

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