We analyzed every closed loan from BankPlus — 1.2k loans across 2k 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
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
Multi-Region · 14 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
FHA
Superstar
VA
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 FHA and VA and Jumbo and USDA loans
Explore another lender or local market
Report Card
BankPlus performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+9.9 bps above market avg
4/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
915 loans · 0.14% above market
Strong
Top 40% of lenders
4/5
FHA
114 loans · 0.14% above market
Strong
Top 40% of lenders
4/5
VA
66 loans · 0.48% below market
Strong
Top 40% of lenders
4/5
Jumbo
51 loans · 0.14% above market
Strong
Top 40% of lenders
4/5
USDA
19 loans · 0.08% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
940 loans · 0.09% above market
Strong
Top 40% of lenders
4/5
Refinance
225 loans · 0.15% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 15 markets
Sound
Top 60% of lenders
3/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 915 | 78.5% | +0.142%Above | $1,471Fees | ||||
FHA Loans | 114 | 9.8% | +0.136%Above | $877Fees | ||||
VA Loans | 66 | 5.7% | -0.478%Below | $306Fees | ||||
Jumbo Loans | — | 51 | 4.4% | +0.139%Above | $4,736Fees | |||
USDA Loans | — | 19 | 1.6% | -0.082%Below | $1,035Fees |
Conventional
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume915
Mix78.5%
Spread
+0.142%Above
Fees
$1,471Fees
FHA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughSound
Volume114
Mix9.8%
Spread
+0.136%Above
Fees
$877Fees
VA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume66
Mix5.7%
Spread
-0.478%Below
Fees
$306Fees
Jumbo Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume51
Mix4.4%
Spread
+0.139%Above
Fees
$4,736Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume19
Mix1.6%
Spread
-0.082%Below
Fees
$1,035Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 940 | 80.7% | +0.090%Above | $1,370Fees | ||||
Refinance | 225 | 19.3% | +0.150%Above | $1,374Fees |
Purchase
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume940
Mix80.7%
Spread
+0.090%Above
Fees
$1,370Fees
Refinance
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume225
Mix19.3%
Spread
+0.150%Above
Fees
$1,374Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,165
Applications
1,705
Volume
$394 million
Pricing & Closing
Avg Rate Spread
+0.099%
vs. market APOR
Avg Net Fees
$1,371
Origination − Credits
Pullthrough Rate
68.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$338,845
Avg Borrower Income
$230,942
Avg Property Value
$465,979
Geographic Coverage
Geographic Performance
Metro Areas
14
markets with activity
States Served
14
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
14Full-year 2024 · HMDALoans originated
< 2020–100100–200200+None
Midwest2
ILMO
South12
ALFLGAKYLAMSNCOKSCTNTXVA
Top Metro Areas by Place Specialization Score
Showing 10 of 14 metro areas
Top States by Place Specialization Score
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.