We analyzed every closed loan from OceanFirst Bank — 1.3k 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
Exceptional
5/5
vs. all lenders
Pull-through
Exceptional
5/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · Jumbo
Place
Sound
3/5
Near-National · 16 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Champion
Purchase
Champion
FHA
Superstar
Jumbo
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 21.90 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and Jumbo loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
OceanFirst Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 21.9 bps below market avg
5/5
Pull Through
Closing strength
Exceptional
Top 20% of lenders
5/5
By Loan Product· Specialization by type
Conventional
1,208 loans · 0.24% below market
Strong
Top 40% of lenders
4/5
FHA
54 loans · 0.07% above market
Strong
Top 40% of lenders
4/5
VA
29 loans · 0.55% below market
Sound
Top 60% of lenders
3/5
Jumbo
55 loans · 0.22% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
1,193 loans · 0.26% below market
Strong
Top 40% of lenders
4/5
Refinance
153 loans · 0.07% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Near-National · 17 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 | 1,208 | 89.7% | -0.236%Below | $279Credit | ||||
FHA Loans | 54 | 4.0% | +0.067%Above | $192Fees | ||||
VA Loans | 29 | 2.2% | -0.552%Below | $1,419Fees | ||||
Jumbo Loans | 55 | 4.1% | +0.220%Above | $1,412Fees |
Conventional
OverallExceptional
ProductStrong
PricingExceptional
Pull ThroughExceptional
Volume1,208
Mix89.7%
Spread
-0.236%Below
Fees
$279Credit
FHA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume54
Mix4.0%
Spread
+0.067%Above
Fees
$192Fees
VA Loans
OverallSound
ProductSound
PricingStrong
Pull ThroughSound
Volume29
Mix2.2%
Spread
-0.552%Below
Fees
$1,419Fees
Jumbo Loans
OverallStrong
ProductStrong
PricingStrong
Pull ThroughExceptional
Volume55
Mix4.1%
Spread
+0.220%Above
Fees
$1,412Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 1,193 | 88.6% | -0.260%Below | $309Credit | ||||
Refinance | 153 | 11.4% | +0.069%Above | $669Fees |
Purchase
OverallExceptional
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume1,193
Mix88.6%
Spread
-0.260%Below
Fees
$309Credit
Refinance
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume153
Mix11.4%
Spread
+0.069%Above
Fees
$669Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,346
Applications
1,601
Volume
$570 million
Pricing & Closing
Avg Rate Spread
-0.219%
vs. market APOR
Avg Net Fees
$-186
Origination − Credits
Pullthrough Rate
84.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$424,086
Avg Borrower Income
$194,018
Avg Property Value
$609,584
Geographic Coverage
Geographic Performance
Metro Areas
16
markets with activity
States Served
26
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
26Full-year 2024 · HMDALoans originated
< 1010–2020–5050+None
Northeast8
CTMEMANHNJNYPAVT
Midwest3
MIOHSD
South13
ALDCDEFLGAKYMDMSNCSCTXVAWV
West2
COOR
Top Metro Areas by Place Specialization Score
Showing 10 of 16 metro areas
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.
Looking for a different lender?
Are you the owner of OceanFirst 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.