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STONE MEADOW LENDING, LLC

Independent Mortgage Company|Spring, TX|Single State
Loans Originated
320
Applications
426
Volume
$96 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsFHA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.302%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,797
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
75.1%
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

Report Card

STONE MEADOW LENDING, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Places
Geographic coverage
StrongSingle State · 2 metro areas · 1 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$303,094
Average Borrower Income
$123,647
Average Property Value
$334,375

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Acceptable
N/A
Sound
9630.0%+0.651%$5,197
FHA Loans
Strong
Strong
Sound
Strong
18256.9%+0.451%$2,930
VA Loans
Strong
Strong
N/A
Strong
4112.8%-0.749%$11

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Sound
320100.0%+0.302%$2,797

Geographic Coverage

Metro Areas
2
States Served
1
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

TX

Top Metro Areas by Place Specialization Score

1
Houston, TXMSA
Volume: 266Mix: 83.12%
Place Specialization
Strong
2
San Antonio, TXMSA
Volume: 52Mix: 16.25%
Place Specialization
Strong

Top States by Place Specialization Score

1
TXState
Volume: 320Mix: 100.00%
Place Specialization
Strong

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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