# THE EQUITABLE MORTGAGE CORPORATION

> **Canonical URL:** https://saferate.com/lenders/the-equitable-mortgage

> **📋 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

THE EQUITABLE MORTGAGE CORPORATION is a independent mortgage company, headquartered in CLEVELAND, OH, serving borrowers across 8 states, with 666 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 33% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 38% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300D6BCLQFX6G1K95
- **Headquarters:** CLEVELAND, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** FL, IN, KY, MI, NC, OH, SC, TX
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.182%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,625
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 666
- **Dollar Volume:** $202 million
- **Applications Received:** 927
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $303,393
- **Average Borrower Income:** $141,694

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **VA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 570 | +0.186% | $1,604 | Strong 😀 |
| FHA | 62/100 | 64 | +0.384% | $1,827 | Strong 😀 |
| VA | 64/100 | 29 | -0.361% | $1,450 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 490 loans, Score: 62/100 (Strong)
- Refinance: 80 loans, Score: 58/100 (Sound)

**FHA:**
- Purchase: 56 loans, Score: 61/100 (Strong)

**VA:**
- Purchase: 26 loans, Score: 63/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 63/100 | 575 | $176M | +0.173% | Strong 😀 |
| Refinance | 58/100 | 91 | $26M | +0.238% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 570 | 0.42% | 82/100 |
| FL | 74 | 0.03% | 55/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 419 | 90/100 |
| Non |  | 76 | 48/100 |
| Cape Coral | FL | 36 | 59/100 |
| Cincinnati, OH |  | 18 | 48/100 |
| North Port | FL | 15 | 47/100 |
| Mansfield, OH | OH | 14 | 48/100 |
| Akron, OH | OH | 13 | 46/100 |

## Frequently Asked Questions

### What loan types does THE EQUITABLE MORTGAGE CORPORATION offer?

THE EQUITABLE MORTGAGE CORPORATION offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does THE EQUITABLE MORTGAGE CORPORATION offer mortgages?

THE EQUITABLE MORTGAGE CORPORATION offers mortgages in 8 states: FL, IN, KY, MI, NC, OH, SC, TX.

### How competitive are THE EQUITABLE MORTGAGE CORPORATION's mortgage rates?

THE EQUITABLE MORTGAGE CORPORATION has a pricing score of 67/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.182% above market average.

### What type of lender is THE EQUITABLE MORTGAGE CORPORATION?

THE EQUITABLE MORTGAGE CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in CLEVELAND, OH.

### What is THE EQUITABLE MORTGAGE CORPORATION's loan approval success rate?

THE EQUITABLE MORTGAGE CORPORATION has a pull-through score of 62/100 (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/the-equitable-mortgage

### How to Cite

> "THE EQUITABLE MORTGAGE CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-equitable-mortgage

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