What loan types does Chesapeake Bank offer?

Chesapeake Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does Chesapeake Bank offer mortgages?

Chesapeake Bank offers mortgages in 1 states: VA.

How competitive are Chesapeake Bank's mortgage rates?

Chesapeake Bank has an overall pricing score of 33.1/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Chesapeake Bank?

Chesapeake Bank is a Bank headquartered in Kilmarnock, VA.

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Chesapeake Bank

Bank•Kilmarnock, VAHQ•Direct•Reviews near you on Google

Chesapeake Bank has 121 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Strong

4/5

Single State · 2 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

Things to Think About

Rates typically 53 basis points above market average
Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Chesapeake Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+52.5 bps above market avg

2/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

114 loans · 0.51% above market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

103 loans · 0.47% above market

Acceptable

Bottom 40% of lenders

2/5

Refinance

18 loans · 0.82% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Single State · 3 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	Acceptable	Acceptable	Acceptable	Acceptable	114	94.2%	+0.514%Above	$1,031Fees

Conventional

Overall

Acceptable

Product

Acceptable

Pricing

Acceptable

Pull Through

Acceptable

Volume114

Mix94.2%

Spread

+0.514%Above

Fees

$1,031Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	Acceptable	Acceptable	103	85.1%	+0.474%Above	$1,006Fees
Refinance	Acceptable	Acceptable	—	Acceptable	18	14.9%	+0.825%Above	$701Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing

Acceptable

Pull Through

Acceptable

Volume103

Mix85.1%

Spread

+0.474%Above

Fees

$1,006Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume18

Mix14.9%

Spread

+0.825%Above

Fees

$701Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

121

Applications

204

Volume

$39 million

Pricing & Closing

Avg Rate Spread

+0.525%

vs. market APOR

Avg Net Fees

$962

Origination − Credits

Pullthrough Rate

59.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$329,628

Avg Borrower Income

$255,289

Avg Property Value

$551,860

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

1Full-year 2024 · HMDA

Loans originated

< 100100+None

South1

Top Metro Areas by Place Specialization Score

Virginia Beach, VA-NCMetro

Volume 48Mix 39.67% of portfolio

65/100

Strong

Richmond, VAMetro

Volume 31Mix 25.62% of portfolio

61/100

Strong

Top States by Place Specialization Score

VirginiaState

Volume 121Mix 100.00% of portfolio

73/100

Strong

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.