We analyzed every closed loan from Bank of Springfield — 522 loans across 663 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Exceptional
5/5
Multi-Region · 2 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and VA loans
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Report Card
Bank of Springfield performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+15.7 bps above market avg
4/5
Pull Through
Closing strength
Exceptional
Top 20% of lenders
5/5
By Loan Product· Specialization by type
Conventional
478 loans · 0.16% above market
Strong
Top 40% of lenders
4/5
FHA
16 loans · 0.26% above market
Sound
Top 60% of lenders
3/5
VA
19 loans · 0.27% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
442 loans · 0.17% above market
Strong
Top 40% of lenders
4/5
Refinance
80 loans · 0.08% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 3 markets
Strong
Top 40% of lenders
4/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 478 | 91.6% | +0.164%Above | $562Fees | ||||
FHA Loans | — | 16 | 3.1% | +0.258%Above | $948Fees | |||
VA Loans | — | 19 | 3.6% | -0.266%Below | $772Fees |
Conventional
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume478
Mix91.6%
Spread
+0.164%Above
Fees
$562Fees
FHA Loans
OverallSound
ProductSound
Pricing—
Pull ThroughSound
Volume16
Mix3.1%
Spread
+0.258%Above
Fees
$948Fees
VA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume19
Mix3.6%
Spread
-0.266%Below
Fees
$772Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 442 | 84.7% | +0.172%Above | $646Fees | ||||
Refinance | 80 | 15.3% | +0.076%Above | $305Fees |
Purchase
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume442
Mix84.7%
Spread
+0.172%Above
Fees
$646Fees
Refinance
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume80
Mix15.3%
Spread
+0.076%Above
Fees
$305Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
522
Applications
663
Volume
$152 million
Pricing & Closing
Avg Rate Spread
+0.157%
vs. market APOR
Avg Net Fees
$593
Origination − Credits
Pullthrough Rate
78.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$292,222
Avg Borrower Income
$203,466
Avg Property Value
$398,966
Geographic Coverage
Geographic Performance
Metro Areas
2
markets with activity
States Served
23
of 50 states + DC
Avg Place Specialization
Exceptional
5/5
States with Loan Originations
23Full-year 2024 · HMDALoans originated
< 100100+None
Northeast1
NY
Midwest10
ILINKSMIMNMONDNEOHWI
South8
ALARFLGANCOKTNTX
West4
AZCACOUT
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 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.