We analyzed every closed loan from First Federal Bank — 4.2k loans across 7k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
FHA
Superstar
VA
Superstar
Purchase
Superstar
Summary
What They Do Well
- Offers rates 15.10 basis points below market average
- Lower than average lender fees
- Particularly strong in Conventional and FHA and VA loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
First Federal Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 15.1 bps below market avg
5/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
2,468 loans · 0.03% above market
Strong
Top 40% of lenders
4/5
FHA
512 loans · 0.33% above market
Strong
Top 40% of lenders
4/5
VA
1,183 loans · 0.79% below market
Exceptional
Top 20% of lenders
5/5
Jumbo
12 loans · 0.01% below market
Sound
Top 60% of lenders
3/5
USDA
18 loans · 0.30% above market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
3,796 loans · 0.17% below market
Strong
Top 40% of lenders
4/5
Refinance
397 loans · 0.01% below market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
National · 50 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 | 2,468 | 58.9% | +0.026%Above | $1,590Fees | ||||
FHA Loans | 512 | 12.2% | +0.325%Above | $1,932Fees | ||||
VA Loans | 1,183 | 28.2% | -0.788%Below | $307Fees | ||||
Jumbo Loans | — | 12 | 0.3% | -0.015%Below | $1,794Fees | |||
USDA Loans | — | 18 | 0.4% | +0.298%Above | $2,087Fees |
Conventional
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume2,468
Mix58.9%
Spread
+0.026%Above
Fees
$1,590Fees
FHA Loans
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume512
Mix12.2%
Spread
+0.325%Above
Fees
$1,932Fees
VA Loans
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughSound
Volume1,183
Mix28.2%
Spread
-0.788%Below
Fees
$307Fees
Jumbo Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughMediocre
Volume12
Mix0.3%
Spread
-0.015%Below
Fees
$1,794Fees
USDA Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughMediocre
Volume18
Mix0.4%
Spread
+0.298%Above
Fees
$2,087Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 3,796 | 90.5% | -0.168%Below | $1,269Fees | ||||
Refinance | 397 | 9.5% | -0.005%Below | $1,552Fees |
Purchase
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughSound
Volume3,796
Mix90.5%
Spread
-0.168%Below
Fees
$1,269Fees
Refinance
OverallSound
ProductStrong
PricingStrong
Pull ThroughAcceptable
Volume397
Mix9.5%
Spread
-0.005%Below
Fees
$1,552Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
4,193
Applications
6,796
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
-0.151%
vs. market APOR
Avg Net Fees
$1,298
Origination − Credits
Pullthrough Rate
61.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$385,663
Avg Borrower Income
$150,681
Avg Property Value
$487,554
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
51
Includes Washington, DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
51Full-year 2024 · HMDANationwide · all 50 states and DCLoans originated
< 2020–5050–100100+None
Northeast9
CTMEMANHNJNYPARIVT
Midwest12
IAILINKSMIMNMONDNEOHSDWI
South17
ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West13
AKAZCACOHIIDMTNMNVORUTWAWY
Top Metro Areas by Place Specialization Score
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 46 states
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.