What loan types does Tomo Mortgage offer?

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

Where does Tomo Mortgage offer mortgages?

Tomo Mortgage offers mortgages in 30 states: AL, AR, AZ, CA, CO, CT, DC, FL, GA, IA, ID, IL, KY, LA, MD, MI, MN, NC, NE, NJ, OH, OK, OR, PA, SC, TN, TX, VA, WA, WI.

What type of lender is Tomo Mortgage?

Tomo Mortgage is a Independent Mortgage Company headquartered in Wilmington, DE.

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Tomo Mortgage

Independent Mortgage Company•Wilmington, DEHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Tomo Mortgage — 980 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

Pull-through

Mediocre

1/5

closing strength

Product

Sound

3/5

FHA · Conventional · VA

Place

Sound

3/5

Near-National · 28 mkts

Summary

What They Do Well

Nationwide availability with consistent service

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Tomo Mortgage performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

No peer data

Pull Through

Closing strength

Mediocre

Bottom 20% of lenders

By Loan Product· Specialization by type

Conventional

Sound

Top 60% of lenders

FHA

Sound

Top 60% of lenders

Sound

Top 60% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Near-National · 29 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	Acceptable	Sound	—	Mediocre	923	94.2%	-0.197%Below	$0Fees
FHA Loans	Acceptable	Sound	—	Mediocre	35	3.6%	—	—
VA Loans	Acceptable	Sound	—	Mediocre	19	1.9%	—	—

Conventional

Overall

Acceptable

Product

Sound

Pricing—

Pull Through

Mediocre

Volume923

Mix94.2%

Spread

-0.197%Below

Fees

$0Fees

FHA Loans

Overall

Acceptable

Product

Sound

Pricing—

Pull Through

Mediocre

Volume35

Mix3.6%

Spread—

Fees—

VA Loans

Overall

Acceptable

Product

Sound

Pricing—

Pull Through

Mediocre

Volume19

Mix1.9%

Spread—

Fees—

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Sound	—	Acceptable	980	100.0%	-0.197%Below	$0Fees

Purchase

Overall

Acceptable

Product

Sound

Pricing—

Pull Through

Acceptable

Volume980

Mix100.0%

Spread

-0.197%Below

Fees

$0Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

980

Applications

2,330

Volume

$405 million

Pricing & Closing

Pullthrough Rate

42.1%

Applications → Closed

Typical Borrower

Avg Loan Amount

$414,031

Avg Borrower Income

$206,234

Avg Property Value

$555,786

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast3

CTNJPA

Midwest7

IAILMIMNNEOHWI

South14

ALARDCFLGAKYLAMDNCOKSCTNTXVA

West6

AZCACOIDORWA

Top Metro Areas by Place Specialization Score

1© David Daniel Turner · CC BY 4.0

Houston, TXMetro

Volume 59Mix 6.02% of portfolio

58/100

Sound

2© Michael Barera · CC BY-SA 4.0

Dallas, TXMetro

Volume 40Mix 4.08% of portfolio

54/100

Sound

3© Warren LeMay from Cincinnati, OH, United States · CC0

Atlanta, GAMetro

Volume 32Mix 3.27% of portfolio

51/100

Sound

4© Catherine from Brooklyn, NY · CC BY 2.0

Raleigh, NCMetro

Volume 23Mix 2.35% of portfolio

50/100

Sound

5© chucka_nc · CC BY-SA 2.0

Charlotte, NC-SCMetro

Volume 24Mix 2.45% of portfolio

49/100

Sound

6© Quintin Soloviev · CC BY 4.0

Austin, TXMetro

Volume 22Mix 2.24% of portfolio

49/100

Sound

7© Quintin Soloviev · CC BY 4.0

Hartford, CTMetro

Volume 19Mix 1.94% of portfolio

49/100

Sound

8© Quintin Soloviev · CC BY 4.0

Denver, COMetro

Volume 22Mix 2.24% of portfolio

48/100

Sound

Bridgeport, CTMetro

Volume 15Mix 1.53% of portfolio

47/100

Sound

Arlington, VA-WVMetro

Volume 19Mix 1.94% of portfolio

46/100

Sound

Showing 10 of 28 metro areas

Top States by Place Specialization Score

TexasState

Volume 157Mix 16.02% of portfolio

62/100

Strong

ConnecticutState

Volume 60Mix 6.12% of portfolio

60/100

Sound

North CarolinaState

Volume 79Mix 8.06% of portfolio

57/100

Sound

New JerseyState

Volume 49Mix 5.00% of portfolio

56/100

Sound

GeorgiaState

Volume 56Mix 5.71% of portfolio

55/100

Sound

CaliforniaState

Volume 83Mix 8.47% of portfolio

55/100

Sound

FloridaState

Volume 79Mix 8.06% of portfolio

54/100

Sound

WashingtonState

Volume 38Mix 3.88% of portfolio

53/100

Sound

ColoradoState

Volume 40Mix 4.08% of portfolio

52/100

Sound

VirginiaState

Volume 37Mix 3.78% of portfolio

51/100

Sound

Showing 10 of 24 states

How 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.