We analyzed every closed loan from Gate City Bank — 1.4k 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
Exceptional
5/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo
Place
Exceptional
5/5
Multi-Region · 6 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
FHA
Champion
Conventional
Superstar
VA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 26.70 basis points below market average
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
Explore another lender or local market
Report Card
Gate City Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Rates 26.7 bps below market avg
4/5
Pull Through
Closing strength
Exceptional
Top 20% of lenders
5/5
By Loan Product· Specialization by type
Conventional
1,108 loans · 0.23% below market
Exceptional
Top 20% of lenders
5/5
FHA
173 loans · 0.29% below market
Strong
Top 40% of lenders
4/5
VA
67 loans · 1.06% below market
Strong
Top 40% of lenders
4/5
Jumbo
20 loans · 0.21% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
1,225 loans · 0.29% below market
Exceptional
Top 20% of lenders
5/5
Refinance
150 loans · 0.07% below market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 7 markets
Exceptional
Top 20% of lenders
5/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 1,108 | 80.6% | -0.233%Below | $2,667Fees | ||||
FHA Loans | 173 | 12.6% | -0.294%Below | $2,617Fees | ||||
VA Loans | 67 | 4.9% | -1.059%Below | $3,367Fees | ||||
Jumbo Loans | — | 20 | 1.5% | -0.212%Below | $5,301Fees |
Conventional
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughExceptional
Volume1,108
Mix80.6%
Spread
-0.233%Below
Fees
$2,667Fees
FHA Loans
OverallExceptional
ProductStrong
PricingExceptional
Pull ThroughExceptional
Volume173
Mix12.6%
Spread
-0.294%Below
Fees
$2,617Fees
VA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughExceptional
Volume67
Mix4.9%
Spread
-1.059%Below
Fees
$3,367Fees
Jumbo Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume20
Mix1.5%
Spread
-0.212%Below
Fees
$5,301Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 1,225 | 89.1% | -0.293%Below | $2,783Fees | ||||
Refinance | 150 | 10.9% | -0.068%Below | $1,995Fees |
Purchase
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughExceptional
Volume1,225
Mix89.1%
Spread
-0.293%Below
Fees
$2,783Fees
Refinance
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume150
Mix10.9%
Spread
-0.068%Below
Fees
$1,995Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,375
Applications
1,655
Volume
$400 million
Pricing & Closing
Avg Rate Spread
-0.267%
vs. market APOR
Avg Net Fees
$2,694
Origination − Credits
Pullthrough Rate
83.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$291,545
Avg Borrower Income
$133,380
Avg Property Value
$377,916
Geographic Coverage
Geographic Performance
Metro Areas
6
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
< 500500+None
Northeast1
RI
Midwest10
IAKSMIMNMONDNEOHSDWI
South7
FLMDNCOKSCTNTX
West5
AZCOMTNVWA
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.