Merchants & Marine Bank has 188 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
Sound
3/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Strong
4/5
Multi-Region · 4 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
FHA
Superstar
Explore another lender or local market
Report Card
Merchants & Marine Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+33.4 bps above market avg
3/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
123 loans · 0.28% above market
Sound
Top 60% of lenders
3/5
FHA
41 loans · 0.64% above market
Strong
Top 40% of lenders
4/5
VA
15 loans · 0.11% below market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
172 loans · 0.36% above market
Strong
Top 40% of lenders
4/5
Refinance
16 loans · 0.13% above market
Acceptable
Bottom 40% of lenders
2/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 5 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 | 123 | 65.4% | +0.276%Above | $1,866Fees | ||||
FHA Loans | 41 | 21.8% | +0.637%Above | $1,853Fees | ||||
VA Loans | — | 15 | 8.0% | -0.107%Below | $1,103Fees |
Conventional
OverallSound
ProductSound
PricingSound
Pull ThroughStrong
Volume123
Mix65.4%
Spread
+0.276%Above
Fees
$1,866Fees
FHA Loans
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume41
Mix21.8%
Spread
+0.637%Above
Fees
$1,853Fees
VA Loans
OverallSound
ProductSound
Pricing—
Pull ThroughStrong
Volume15
Mix8.0%
Spread
-0.107%Below
Fees
$1,103Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 172 | 91.5% | +0.361%Above | $1,848Fees | ||||
Refinance | 16 | 8.5% | +0.129%Above | $1,362Fees |
Purchase
OverallSound
ProductStrong
PricingSound
Pull ThroughStrong
Volume172
Mix91.5%
Spread
+0.361%Above
Fees
$1,848Fees
Refinance
OverallAcceptable
ProductAcceptable
PricingAcceptable
Pull ThroughAcceptable
Volume16
Mix8.5%
Spread
+0.129%Above
Fees
$1,362Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
188
Applications
280
Volume
$47 million
Pricing & Closing
Avg Rate Spread
+0.334%
vs. market APOR
Avg Net Fees
$1,792
Origination − Credits
Pullthrough Rate
67.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$252,660
Avg Borrower Income
$113,165
Avg Property Value
$324,096
Geographic Coverage
Geographic Performance
Metro Areas
4
markets with activity
States Served
8
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
8Full-year 2024 · HMDALoans originated
< 2020–5050+None
Northeast1
PA
Midwest1
IN
South6
ALFLGALAMSTX
Top Metro Areas 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.
Looking for a different lender?
Are you the owner of Merchants & Marine Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
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.