Looking for a different lender?

T

Tomo Mortgage, LLC

Independent Mortgage Company|Wilmington, DE|Near-National
Loans Originated
980
Applications
2,330
Volume
$405 million
Offers loans directly to consumers
Overall Pull Through
Mediocre

Pricing and Pullthrough Overview

Pullthrough Rate
42.1%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Nationwide availability with consistent service

Things to Think About

  • Pull through efficiency is below industry average

Report Card

Tomo Mortgage, LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
N/ANo data available
Pull Through
Closing Strength
MediocreBelow peers
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
SoundIndustry Standard
VA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Places
Geographic coverage
SoundNear-National · 29 metro areas · 30 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$414,031
Average Borrower Income
$206,234
Average Property Value
$555,786

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Sound
N/A
Mediocre
92394.2%-0.197%$0
FHA Loans
Acceptable
Sound
N/A
Mediocre
353.6%
VA Loans
Acceptable
Sound
N/A
Mediocre
191.9%

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
N/A
Acceptable
980100.0%-0.197%$0

Geographic Coverage

Metro Areas
28
States Served
30
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ALARAZCACOCTDCFLGAIAIDILKYLAMDMIMNNCNENJOHOKORPASCTNTXVAWAWI

Top Metro Areas by Place Specialization Score

1
Houston, TXMSA
Volume: 59Mix: 6.02%
Place Specialization
Sound
2
Dallas, TXMSA
Volume: 40Mix: 4.08%
Place Specialization
Sound
3
Atlanta, GAMSA
Volume: 32Mix: 3.27%
Place Specialization
Sound
4
Raleigh, NCMSA
Volume: 23Mix: 2.35%
Place Specialization
Sound
5
Charlotte, NC-SCMSA
Volume: 24Mix: 2.45%
Place Specialization
Sound
6
Austin, TXMSA
Volume: 22Mix: 2.24%
Place Specialization
Sound
7
Hartford, CTMSA
Volume: 19Mix: 1.94%
Place Specialization
Sound
8
Denver, COMSA
Volume: 22Mix: 2.24%
Place Specialization
Sound
9
Bridgeport, CTMSA
Volume: 15Mix: 1.53%
Place Specialization
Sound
10
Arlington, VA-WVMSA
Volume: 19Mix: 1.94%
Place Specialization
Sound
Showing 10 of 28 metro areas

Top States by Place Specialization Score

1
TXState
Volume: 157Mix: 16.02%
Place Specialization
Strong
2
CTState
Volume: 60Mix: 6.12%
Place Specialization
Sound
3
NCState
Volume: 79Mix: 8.06%
Place Specialization
Sound
4
NJState
Volume: 49Mix: 5.00%
Place Specialization
Sound
5
GAState
Volume: 56Mix: 5.71%
Place Specialization
Sound
6
CAState
Volume: 83Mix: 8.47%
Place Specialization
Sound
7
FLState
Volume: 79Mix: 8.06%
Place Specialization
Sound
8
WAState
Volume: 38Mix: 3.88%
Place Specialization
Sound
9
COState
Volume: 40Mix: 4.08%
Place Specialization
Sound
10
VAState
Volume: 37Mix: 3.78%
Place Specialization
Sound
Showing 10 of 24 states

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.

Ready to Get Started?

Compare Tomo Mortgage, LLC with other lenders or get personalized recommendations.

Compare Lenders