Velocio Mortgage
We analyzed every closed loan from Velocio Mortgage — 4.8k loans across 6k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · USDA
Place
Strong
4/5
Multi-Region · 14 mkts
Promptness
Mediocre
1/5
No reply within 4+ business days
Awards
FHA
Champion
VA
Champion
Purchase
Champion
Conventional
Superstar
Summary
What They Do Well
- Offers rates 85.20 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and USDA loans
Explore another lender or local market
Report Card
Velocio Mortgage performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 85.2 bps below market avg
Pull Through
Closing strength
Exceptional
Top 20% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Exceptional
Top 20% of lenders
VA
Exceptional
Top 20% of lenders
USDA
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Exceptional
Top 20% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 15 markets
Strong
Top 40% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 1,388 | 28.9% | -0.434%Below | $2,495Fees | ||||
FHA Loans | 2,559 | 53.4% | -0.953%Below | $1,094Fees | ||||
VA Loans | 746 | 15.6% | -1.339%Below | $1,858Credit | ||||
USDA Loans | — | 102 | 2.1% | -0.989%Below | $2,672Fees |
Conventional
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume1,388
Mix28.9%
Spread
-0.434%Below
Fees
$2,495Fees
FHA Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughExceptional
Volume2,559
Mix53.4%
Spread
-0.953%Below
Fees
$1,094Fees
VA Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughExceptional
Volume746
Mix15.6%
Spread
-1.339%Below
Fees
$1,858Credit
USDA Loans
OverallExceptional
ProductExceptional
Pricing—
Pull ThroughExceptional
Volume102
Mix2.1%
Spread
-0.989%Below
Fees
$2,672Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 4,795 | 100.0% | -0.852%Below | $1,230Fees |
Purchase
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughExceptional
Volume4,795
Mix100.0%
Spread
-0.852%Below
Fees
$1,230Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
4,796
Applications
5,678
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
-0.852%
vs. market APOR
Avg Net Fees
$1,231
Origination − Credits
Pullthrough Rate
84.5%
Applications → Closed
Typical Borrower
Avg Loan Amount
$363,399
Avg Borrower Income
$119,016
Avg Property Value
$400,874
Geographic Coverage
Geographic Performance
Metro Areas
14
markets with activity
States Served
6
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
6South5
FLNCSCTNTX
West1
AZ
Top Metro Areas by Place Specialization Score
Volume 625Mix 13.03% of portfolio
91/100
Exceptional
Volume 323Mix 6.73% of portfolio
90/100
Exceptional
Volume 1,242Mix 25.90% of portfolio
88/100
Exceptional
Volume 682Mix 14.22% of portfolio
85/100
Exceptional
Volume 462Mix 9.63% of portfolio
79/100
Strong
Volume 487Mix 10.15% of portfolio
78/100
Strong
7© No machine-readable author provided. Billy Hathorn assumed (based on copyright claims). · CC BY-SA 3.0Fort Worth, TXMetro
Volume 215Mix 4.48% of portfolio
76/100
Strong
Volume 47Mix 0.98% of portfolio
76/100
Strong
Volume 184Mix 3.84% of portfolio
74/100
Strong
Volume 193Mix 4.02% of portfolio
71/100
StrongShowing 10 of 14 metro areas
Top States by Place Specialization Score
1
TexasState
Volume 2,479Mix 51.69% of portfolio
88/100
Exceptional2
ArizonaState
Volume 1,242Mix 25.90% of portfolio
86/100
Exceptional3
South CarolinaState
Volume 399Mix 8.32% of portfolio
79/100
Strong4
North CarolinaState
Volume 441Mix 9.20% of portfolio
71/100
Strong5
FloridaState
Volume 233Mix 4.86% of portfolio
61/100
StrongHow 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.