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VDM

Van DYK Mortgage Corporation

Independent Mortgage CompanyGrand Rapids, MIHQDirectReviews near you on Google

We analyzed every closed loan from Van DYK Mortgage Corporation 2.3k loans across 3k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
Near-National · 31 mkts
Safe Rate Awards
FHA Superstar
FHA
Superstar

Safe Rate Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA and USDA loans
  • Nationwide availability with consistent service

Things to Think About

  • Pricing may be below industry average

Explore another lender or local market

Report Card

Van DYK Mortgage Corporation performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+48.0 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
Exceptional
Top 20% of lenders
VA
Strong
Top 40% of lenders
Jumbo
Sound
Top 60% of lenders
USDA
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Exceptional
Top 20% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Near-National · 32 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Sound
Product
Strong
Pricing
Acceptable
Pull Through
Sound
Volume1,378
Mix61.1%
Spread
+0.446%Above
Fees
$2,993Fees
FHA Loans
Overall
Strong
Product
Exceptional
Pricing
Acceptable
Pull Through
Strong
Volume597
Mix26.5%
Spread
+0.767%Above
Fees
$2,772Fees
VA Loans
Overall
Sound
Product
Strong
Pricing
Mediocre
Pull Through
Strong
Volume203
Mix9.0%
Spread
-0.049%Below
Fees
$3,141Fees
Jumbo Loans
Overall
Acceptable
Product
Sound
Pricing
Pull Through
Mediocre
Volume11
Mix0.5%
Spread
+0.486%Above
Fees
$3,667Fees
USDA Loans
Overall
Strong
Product
Exceptional
Pricing
Pull Through
Strong
Volume68
Mix3.0%
Spread
+0.322%Above
Fees
$1,794Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Exceptional
Pricing
Acceptable
Pull Through
Strong
Volume2,130
Mix94.4%
Spread
+0.485%Above
Fees
$2,914Fees
Refinance
Overall
Sound
Product
Strong
Pricing
Acceptable
Pull Through
Sound
Volume127
Mix5.6%
Spread
+0.418%Above
Fees
$3,330Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
2,257
Applications
3,452
Volume
$662 million
Pricing & Closing
Avg Rate Spread
+0.480%
vs. market APOR
Avg Net Fees
$2,945
Origination − Credits
Pullthrough Rate
65.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$293,609
Avg Borrower Income
$116,594
Avg Property Value
$365,576

Geographic Coverage

Geographic Performance

Metro Areas
31
markets with activity
States Served
33
of 50 states + DC
Avg Place Specialization
Sound
3/5

States with Loan Originations

33
33 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast3
NJPARI
Midwest5
ILINMIOHWI
South14
ALARDCDEFLGAKYMDNCOKSCTNTXVA
West11
AKAZCACOIDMTNMNVUTWAWY

Top Metro Areas by Place Specialization Score

Volume 160Mix 7.09% of portfolio
87/100
Exceptional
Volume 103Mix 4.56% of portfolio
78/100
Strong
Volume 217Mix 9.61% of portfolio
75/100
Strong
4© Jrozwado · CC BY-SA 4.0
St. Petersburg, FLMetro
Volume 118Mix 5.23% of portfolio
75/100
Strong
5© Ken Lund · CC BY-SA 2.0
Pocatello, IDMetro
Volume 48Mix 2.13% of portfolio
69/100
Strong
Volume 89Mix 3.94% of portfolio
66/100
Strong
Volume 74Mix 3.28% of portfolio
66/100
Strong
8© WMrapids · CC0
Grand Rapids, MIMetro
Volume 103Mix 4.56% of portfolio
65/100
Strong
Volume 50Mix 2.22% of portfolio
64/100
Strong
10© Rino Landa · CC BY-SA 4.0
North Port, FLMetro
Volume 56Mix 2.48% of portfolio
64/100
Strong
Showing 10 of 31 metro areas

Top States by Place Specialization Score

Florida
Florida
1
FloridaState
Volume 618Mix 27.38% of portfolio
74/100
Strong
Michigan
Michigan
2
MichiganState
Volume 395Mix 17.50% of portfolio
74/100
Strong
Tennessee
Tennessee
3
TennesseeState
Volume 194Mix 8.60% of portfolio
69/100
Strong
Ohio
Ohio
4
OhioState
Volume 196Mix 8.68% of portfolio
66/100
Strong
Georgia
Georgia
5
GeorgiaState
Volume 173Mix 7.67% of portfolio
66/100
Strong
Indiana
Indiana
6
IndianaState
Volume 142Mix 6.29% of portfolio
63/100
Strong
Colorado
Colorado
7
ColoradoState
Volume 128Mix 5.67% of portfolio
63/100
Strong
Idaho
Idaho
8
IdahoState
Volume 80Mix 3.54% of portfolio
60/100
Strong
New Mexico
New Mexico
9
New MexicoState
Volume 50Mix 2.22% of portfolio
58/100
Sound
Utah
Utah
10
UtahState
Volume 65Mix 2.88% of portfolio
58/100
Sound
Showing 10 of 17 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.