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Wolfe Financial, Inc

Independent Mortgage Company|Raleigh, NC|Multi-Region
Loans Originated
1,068
Applications
1,647
Volume
$278 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.647%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,421
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
64.8%
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

Things to Think About

  • Rates typically 65 basis points above market average

Report Card

Wolfe Financial, Inc 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
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 20 metro areas · 14 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$260,590
Average Borrower Income
$110,272
Average Property Value
$305,852

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Strong
Mediocre
Sound
56853.2%+0.561%$3,480
FHA Loans
Sound
Strong
Mediocre
Strong
33131.0%+0.929%$3,867
VA Loans
Sound
Strong
Acceptable
Strong
11210.5%+0.152%$1,546
USDA Loans
Sound
Exceptional
Mediocre
Strong
545.1%+0.637%$2,278

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Strong
Mediocre
Sound
98992.6%+0.654%$3,320
Refinance
Acceptable
Sound
Mediocre
Acceptable
797.4%+0.554%$4,660

Geographic Coverage

Metro Areas
19
States Served
14
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ALARFLGAILINLAMSNCSCTNTXVAWI

Top Metro Areas by Place Specialization Score

1
Greensboro, NCMSA
Volume: 85Mix: 7.96%
Place Specialization
Strong
2
Indianapolis, INMSA
Volume: 146Mix: 13.67%
Place Specialization
Strong
3
Killeen, TXMSA
Volume: 67Mix: 6.27%
Place Specialization
Strong
4
Terre Haute, IN, INMSA
Volume: 42Mix: 3.93%
Place Specialization
Strong
5
Memphis, TNMSA
Volume: 58Mix: 5.43%
Place Specialization
Strong
6
Baton Rouge, LA, LAMSA
Volume: 52Mix: 4.87%
Place Specialization
Strong
7
Florence, ALMSA
Volume: 28Mix: 2.62%
Place Specialization
Sound
8
Ocala, FL, FLMSA
Volume: 25Mix: 2.34%
Place Specialization
Sound
9
Houston, TXMSA
Volume: 50Mix: 4.68%
Place Specialization
Sound
10
Knoxville, TN, TNMSA
Volume: 35Mix: 3.28%
Place Specialization
Sound
Showing 10 of 19 metro areas

Top States by Place Specialization Score

1
INState
Volume: 407Mix: 38.11%
Place Specialization
Strong
2
TNState
Volume: 123Mix: 11.52%
Place Specialization
Strong
3
NCState
Volume: 120Mix: 11.24%
Place Specialization
Strong
4
TXState
Volume: 134Mix: 12.55%
Place Specialization
Strong
5
LAState
Volume: 53Mix: 4.96%
Place Specialization
Sound
6
ALState
Volume: 42Mix: 3.93%
Place Specialization
Sound
7
WIState
Volume: 48Mix: 4.49%
Place Specialization
Sound
8
FLState
Volume: 74Mix: 6.93%
Place Specialization
Sound
9
GAState
Volume: 34Mix: 3.18%
Place Specialization
Sound
10
MSState
Volume: 11Mix: 1.03%
Place Specialization
Sound
Showing 10 of 11 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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