# Vellum Mortgage, Inc.

> **Canonical URL:** https://saferate.com/lenders/vellum-mortgage

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Vellum Mortgage, Inc. is a independent mortgage company, headquartered in Fairfax, VA, serving borrowers across 17 states, with 1,353 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 59% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 23% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300IPUHFA5O769M51
- **Headquarters:** Fairfax, VA
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** AZ, CA, DC, FL, GA, ID, MA, MD, NC, NJ, OR, PA, SC, TN, TX, VA, WV
- **Markets (MSAs):** 13
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.237%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,456
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,353
- **Dollar Volume:** $704 million
- **Applications Received:** 1,645
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $520,381
- **Average Borrower Income:** $175,845

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Purchase Gold Superstar** (63%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 67/100 | 939 | +0.208% | $2,288 | Strong 😀 |
| FHA | 74/100 | 264 | +0.600% | $3,319 | Strong 😀 |
| VA | 73/100 | 123 | -0.361% | $2,149 | Strong 😀 |
| Jumbo | 47/100 | 25 | +0.236% | $1,975 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 853 loans, Score: 69/100 (Strong)
- Refinance: 86 loans, Score: 57/100 (Sound)

**FHA:**
- Purchase: 254 loans, Score: 74/100 (Strong)

**VA:**
- Purchase: 117 loans, Score: 73/100 (Strong)

**Jumbo:**
- Purchase: 22 loans, Score: 46/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 71/100 | 1,248 | $646M | +0.249% | Strong 😀 |
| Refinance | 58/100 | 105 | $59M | +0.122% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MD | 469 | 0.67% | 81/100 |
| CA | 348 | 0.12% | 69/100 |
| VA | 333 | 0.31% | 78/100 |
| DC | 103 | 1.80% | 78/100 |
| TX | 36 | 0.01% | 45/100 |
| FL | 20 | 0.01% | 39/100 |
| WV | 10 | 0.06% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Arlington | VA-WV | 288 | 81/100 |
| Oakland | CA | 254 | 84/100 |
| Washington, DC | DC-MD | 249 | 88/100 |
| Frederick | MD | 152 | 83/100 |
| Baltimore | MD | 102 | 67/100 |
| Lexington Park, MD | MD | 55 | 67/100 |
| Non |  | 36 | 33/100 |
| Vallejo, CA | CA | 21 | 53/100 |
| Dallas | TX | 18 | 43/100 |
| Sacramento | CA | 18 | 46/100 |
| Hagerstown | MD-WV | 15 | 47/100 |
| San Francisco | CA | 15 | 47/100 |
| Fort Worth | TX | 11 | 39/100 |

## Frequently Asked Questions

### What loan types does Vellum Mortgage, Inc. offer?

Vellum Mortgage, Inc. offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Vellum Mortgage, Inc. offer mortgages?

Vellum Mortgage, Inc. offers mortgages in 17 states: AZ, CA, DC, FL, GA, ID, MA, MD, NC, NJ, OR, PA, SC, TN, TX, VA, WV.

### How competitive are Vellum Mortgage, Inc.'s mortgage rates?

Vellum Mortgage, Inc. has a pricing score of 41/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.237% above market average.

### What type of lender is Vellum Mortgage, Inc.?

Vellum Mortgage, Inc. is a non-depository lender that specializes in mortgage origination, headquartered in Fairfax, VA.

### What is Vellum Mortgage, Inc.'s loan approval success rate?

Vellum Mortgage, Inc. has a pull-through score of 77/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/vellum-mortgage

### How to Cite

> "Vellum Mortgage, Inc. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/vellum-mortgage

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