What loan types does VERITAS FUNDING, LLC offer?

VERITAS FUNDING, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing score and performance metrics.

Where does VERITAS FUNDING, LLC offer mortgages?

VERITAS FUNDING, LLC offers mortgages in 21 states: AR, AZ, CA, CO, FL, GA, ID, IL, IN, MT, NC, NJ, NM, OH, OR, SC, TN, TX, UT, WI, WY.

How competitive are VERITAS FUNDING, LLC's mortgage rates?

VERITAS FUNDING, LLC has an overall pricing score of 14.1/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is VERITAS FUNDING, LLC?

VERITAS FUNDING, LLC is a Independent Mortgage Company headquartered in MIDVALE, UT.

Unclaimed

Veritas Funding, LLC

Independent Mortgage Company•MIDVALE, UT•Direct to Consumer

We analyzed every closed loan from Veritas Funding — 936 loans across 2k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing

Mediocre

vs. all lenders

Pull Through

Sound

closing strength

Products

Strong

FHA · Conventional · VA

Place

Sound

Multi-Region · 15 mkts

Shopping for a Mortgage?

Save Veritas Funding or ask our AI assistant to explore your options.

Safe Rate's Summary

What They Do Well

Particularly strong in FHA and VA loans

Things to Think About

Pricing may be below industry average
Higher than average fees ($5,326)

Explore another lender or local market

Report Card

Veritas Funding, LLC performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Mediocre	Below peers +40.5 bps above market avg
Pull Through Closing strength	Sound	Industry Standard Top 60% of lenders
By Loan Product· Specialization by type
Conventional	Sound	Industry Standard Top 60% of lenders
FHA	Strong	Highly Competitive Top 40% of lenders
VA	Strong	Highly Competitive Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase	Strong	Highly Competitive Top 40% of lenders
Refinance	Strong	Highly Competitive Top 40% of lenders
By Location· Geographic coverage
Geographic Reach Coverage footprint	Sound	Industry Standard Top 60% of lenders Multi-Regional16 markets

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Sound	Mediocre	Sound	238	25.4%	+0.421%Above	$5,043Fees
FHA Loans	Acceptable	Strong	Mediocre	Sound	475	50.7%	+0.479%Above	$6,393Fees
VA Loans	Sound	Strong	—	Sound	221	23.6%	+0.031%Above	$4,907Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Strong	Mediocre	Strong	378	40.4%	+0.440%Above	$5,302Fees
Refinance	Acceptable	Strong	Mediocre	Acceptable	558	59.6%	+0.264%Above	$5,422Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

936

Applications

2,095

Volume

$320 million

Pricing & Closing

Avg Rate Spread

+0.405%

vs. market APOR

Avg Net Fees

$5,326

Origination − Credits

Pullthrough Rate

44.7%

Applications → Closed

Typical Borrower

Avg Loan Amount

$342,276

Avg Borrower Income

$105,183

Avg Property Value

$435,128

Geographic Coverage

Geographic Performance

Metro Areas

States Served

We count Washington DC as a state

Avg Place Specialization

Sound

States with Loan Originations

ARAZCACOFLGAIDILINMTNCNJNMOHORSCTNTXUTWIWY

Top Metro Areas by Place Specialization Score

Salt Lake City, UTMSA

Volume: 135Mix: 14.42%of portfolio

Place

Strong

Idaho Falls, ID, IDMSA

Volume: 61Mix: 6.52%of portfolio

Place

Strong

Provo, UTMSA

Volume: 110Mix: 11.75%of portfolio

Place

Strong

Ogden, UT, UTMSA

Volume: 33Mix: 3.53%of portfolio

Place

Sound

St. George, UT, UTMSA

Volume: 21Mix: 2.24%of portfolio

Place

Sound

Atlanta, GAMSA

Volume: 32Mix: 3.42%of portfolio

Place

Sound

Phoenix, AZMSA

Volume: 18Mix: 1.92%of portfolio

Place

Sound

Charlotte, NC-SCMSA

Volume: 15Mix: 1.60%of portfolio

Place

Sound

Indianapolis, INMSA

Volume: 14Mix: 1.50%of portfolio

Place

Sound

Charleston, SCMSA

Volume: 12Mix: 1.28%of portfolio

Place

Sound

Showing 10 of 15 metro areas

Top States by Place Specialization Score

UTState

Volume: 315Mix: 33.65%of portfolio

Place

Strong

IDState

Volume: 78Mix: 8.33%of portfolio

Place

Strong

GAState

Volume: 67Mix: 7.16%of portfolio

Place

Sound

SCState

Volume: 49Mix: 5.24%of portfolio

Place

Sound

NCState

Volume: 68Mix: 7.26%of portfolio

Place

Sound

FLState

Volume: 65Mix: 6.94%of portfolio

Place

Sound

TNState

Volume: 34Mix: 3.63%of portfolio

Place

Sound

AZState

Volume: 34Mix: 3.63%of portfolio

Place

Sound

OHState

Volume: 32Mix: 3.42%of portfolio

Place

Sound

NJState

Volume: 26Mix: 2.78%of portfolio

Place

Sound

Showing 10 of 17 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)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

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.

Looking for a different lender?

Are you the owner of Veritas Funding, LLC?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

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.