We analyzed every closed loan from Granite Bank — 839 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Acceptable
2/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Sound
3/5
Near-National · 10 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
FHA
Superstar
VA
Superstar
Purchase
Superstar
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Granite Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
+24.5 bps above market avg
2/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
614 loans · 0.29% above market
Strong
Top 40% of lenders
4/5
FHA
145 loans · 0.28% above market
Strong
Top 40% of lenders
4/5
VA
71 loans · 0.42% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
784 loans · 0.25% above market
Strong
Top 40% of lenders
4/5
Refinance
55 loans · 0.18% above market
Sound
Top 60% of lenders
3/5
By Location· Geographic coverage
Geographic Reach
Near-National · 11 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 | 614 | 73.2% | +0.294%Above | $2,946Fees | ||||
FHA Loans | 145 | 17.3% | +0.285%Above | $3,126Fees | ||||
VA Loans | 71 | 8.5% | -0.417%Below | $2,389Fees |
Conventional
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume614
Mix73.2%
Spread
+0.294%Above
Fees
$2,946Fees
FHA Loans
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume145
Mix17.3%
Spread
+0.285%Above
Fees
$3,126Fees
VA Loans
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume71
Mix8.5%
Spread
-0.417%Below
Fees
$2,389Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 784 | 93.4% | +0.250%Above | $2,956Fees | ||||
Refinance | 55 | 6.6% | +0.178%Above | $2,648Fees |
Purchase
OverallStrong
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume784
Mix93.4%
Spread
+0.250%Above
Fees
$2,956Fees
Refinance
OverallSound
ProductSound
PricingSound
Pull ThroughSound
Volume55
Mix6.6%
Spread
+0.178%Above
Fees
$2,648Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
839
Applications
1,092
Volume
$258 million
Pricing & Closing
Avg Rate Spread
+0.245%
vs. market APOR
Avg Net Fees
$2,931
Origination − Credits
Pullthrough Rate
76.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$307,777
Avg Borrower Income
$124,454
Avg Property Value
$385,203
Geographic Coverage
Geographic Performance
Metro Areas
10
markets with activity
States Served
25
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
25Full-year 2024 · HMDALoans originated
< 2020–5050+None
Northeast1
VT
Midwest10
ILINKSMIMNMONDNESDWI
South7
ALFLGAKYSCTNTX
West7
AZCACOIDNMUTWY
Top Metro Areas by Place Specialization Score
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.