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US MORTGAGE CORPORATION

Independent Mortgage Company|MELVILLE, NY|Near-National
Loans Originated
1,533
Applications
2,420
Volume
$482 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.654%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,766
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
63.3%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Particularly strong in Conventional and FHA and VA and USDA loans
  • Nationwide availability with consistent service

Things to Think About

  • Rates typically 65 basis points above market average

Report Card

US MORTGAGE CORPORATION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
MediocreBelow peers
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundNear-National · 21 metro areas · 33 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$314,961
Average Borrower Income
$119,773
Average Property Value
$387,531

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Strong
Mediocre
Sound
87857.3%+0.522%$3,640
FHA Loans
Sound
Strong
Mediocre
Strong
55536.2%+0.953%$4,075
VA Loans
Sound
Strong
Mediocre
Strong
744.8%+0.047%$3,133
USDA Loans
Strong
Strong
N/A
Strong
181.2%+0.429%$2,255

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Strong
Mediocre
Sound
1,32986.7%+0.680%$3,779
Refinance
Sound
Strong
Acceptable
Acceptable
20413.3%+0.445%$3,659

Geographic Coverage

Metro Areas
20
States Served
33
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ALARAZCACOCTDEFLGAIAILINKSLAMAMDMIMONCNENHNJNYOHOKORPARISCTNTXVAVT

Top Metro Areas by Place Specialization Score

1
Atlanta, GAMSA
Volume: 310Mix: 20.22%
Place Specialization
Strong
2
Tulsa, OK, OKMSA
Volume: 151Mix: 9.85%
Place Specialization
Strong
3
Marietta, GA, GAMSA
Volume: 89Mix: 5.81%
Place Specialization
Strong
4
Wichita, KS, KSMSA
Volume: 68Mix: 4.44%
Place Specialization
Strong
5
Nassau County, NYMSA
Volume: 100Mix: 6.52%
Place Specialization
Strong
6
Albany, NYMSA
Volume: 66Mix: 4.31%
Place Specialization
Strong
7
Camden, NJ, NJMSA
Volume: 50Mix: 3.26%
Place Specialization
Strong
8
New York, NY-NJMSA
Volume: 71Mix: 4.63%
Place Specialization
Strong
9
Denver, COMSA
Volume: 52Mix: 3.39%
Place Specialization
Sound
10
Baton Rouge, LA, LAMSA
Volume: 32Mix: 2.09%
Place Specialization
Sound
Showing 10 of 20 metro areas

Top States by Place Specialization Score

1
GAState
Volume: 448Mix: 29.22%
Place Specialization
Strong
2
OKState
Volume: 215Mix: 14.02%
Place Specialization
Strong
3
NYState
Volume: 265Mix: 17.29%
Place Specialization
Strong
4
NJState
Volume: 114Mix: 7.44%
Place Specialization
Strong
5
KSState
Volume: 76Mix: 4.96%
Place Specialization
Strong
6
COState
Volume: 60Mix: 3.91%
Place Specialization
Sound
7
LAState
Volume: 39Mix: 2.54%
Place Specialization
Sound
8
PAState
Volume: 40Mix: 2.61%
Place Specialization
Sound
9
FLState
Volume: 60Mix: 3.91%
Place Specialization
Sound
10
OHState
Volume: 24Mix: 1.57%
Place Specialization
Sound
Showing 10 of 19 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.

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