Tidewater Mortgage Services
We analyzed every closed loan from Tidewater Mortgage Services — 1.5k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · USDA
Place
Sound
3/5
Multi-Region · 17 mkts
Awards
FHA
Superstar
VA
Superstar
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and USDA loans
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Tidewater Mortgage Services performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+29.5 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Strong
Top 40% of lenders
VA
Strong
Top 40% of lenders
USDA
Strong
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Acceptable
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 18 markets
Sound
Top 60% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 815 | 55.2% | +0.301%Above | $2,830Fees | ||||
FHA Loans | 369 | 25.0% | +0.659%Above | $3,037Fees | ||||
VA Loans | 264 | 17.9% | -0.241%Below | $3,586Fees | ||||
USDA Loans | — | 27 | 1.8% | +0.435%Above | $2,152Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume815
Mix55.2%
Spread
+0.301%Above
Fees
$2,830Fees
FHA Loans
OverallStrong
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume369
Mix25.0%
Spread
+0.659%Above
Fees
$3,037Fees
VA Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume264
Mix17.9%
Spread
-0.241%Below
Fees
$3,586Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume27
Mix1.8%
Spread
+0.435%Above
Fees
$2,152Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 1,449 | 98.2% | +0.310%Above | $2,999Fees | ||||
Refinance | 27 | 1.8% | -0.179%Below | $3,010Fees |
Purchase
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume1,449
Mix98.2%
Spread
+0.310%Above
Fees
$2,999Fees
Refinance
OverallAcceptable
ProductAcceptable
PricingAcceptable
Pull ThroughMediocre
Volume27
Mix1.8%
Spread
-0.179%Below
Fees
$3,010Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,476
Applications
1,935
Volume
$454 million
Pricing & Closing
Avg Rate Spread
+0.295%
vs. market APOR
Avg Net Fees
$3,000
Origination − Credits
Pullthrough Rate
76.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$307,879
Avg Borrower Income
$122,587
Avg Property Value
$391,951
Geographic Coverage
Geographic Performance
Metro Areas
17
markets with activity
States Served
12
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
12Northeast2
NJPA
South10
DCDEFLGAMDNCSCTNVAWV
Top Metro Areas by Place Specialization Score
Volume 461Mix 31.23% of portfolio
88/100
Exceptional
Volume 188Mix 12.74% of portfolio
84/100
Exceptional
Volume 64Mix 4.34% of portfolio
71/100
Strong
Volume 95Mix 6.44% of portfolio
70/100
Strong
Volume 60Mix 4.07% of portfolio
60/100
Strong
Volume 20Mix 1.36% of portfolio
58/100
Sound
Volume 23Mix 1.56% of portfolio
57/100
Sound
Volume 27Mix 1.83% of portfolio
56/100
Sound
Volume 17Mix 1.15% of portfolio
53/100
Sound
Volume 25Mix 1.69% of portfolio
53/100
SoundShowing 10 of 17 metro areas
Top States by Place Specialization Score
1
VirginiaState
Volume 584Mix 39.57% of portfolio
84/100
Exceptional2
PennsylvaniaState
Volume 288Mix 19.51% of portfolio
74/100
Strong3
South CarolinaState
Volume 202Mix 13.69% of portfolio
73/100
Strong4
DelawareState
Volume 69Mix 4.67% of portfolio
64/100
Strong5
North CarolinaState
Volume 101Mix 6.84% of portfolio
59/100
Sound6
FloridaState
Volume 118Mix 7.99% of portfolio
57/100
Sound7
West VirginiaState
Volume 36Mix 2.44% of portfolio
57/100
Sound8
MarylandState
Volume 45Mix 3.05% of portfolio
53/100
Sound9
New JerseyState
Volume 29Mix 1.96% of portfolio
48/100
SoundHow We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
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.