What loan types does Provident Bank offer?

Provident Bank offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing score and performance metrics.

Where does Provident Bank offer mortgages?

Provident Bank offers mortgages in 4 states: FL, NJ, NY, PA.

How competitive are Provident Bank's mortgage rates?

Provident Bank has an overall pricing score of 89.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Provident Bank?

Provident Bank is a Bank headquartered in Jersey City, NJ.

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Provident Bank

Bank•Jersey City, NJHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Provident Bank — 475 loans across 733 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

Sound

3/5

FHA · Conventional

Place

Strong

4/5

Regional · 5 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Conventional

Superstar

Purchase

Superstar

Summary

What They Do Well

Offers rates 18.30 basis points below market average
Lower than average lender fees

Explore another lender or local market

Report Card

Provident Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 18.3 bps below market avg

5/5

Pull Through

Closing strength

Sound

Top 60% of lenders

3/5

By Loan Product· Specialization by type

Conventional

446 loans · 0.22% below market

Sound

Top 60% of lenders

3/5

FHA

22 loans · 0.55% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

383 loans · 0.28% below market

Sound

Top 60% of lenders

3/5

Refinance

92 loans · 0.24% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Regional · 5 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Sound	Exceptional	Sound	446	93.9%	-0.222%Below	$421Credit
FHA Loans	Sound	Sound	Sound	Sound	22	4.6%	+0.547%Above	$2,416Fees

Conventional

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume446

Mix93.9%

Spread

-0.222%Below

Fees

$421Credit

FHA Loans

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Sound

Volume22

Mix4.6%

Spread

+0.547%Above

Fees

$2,416Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Sound	Exceptional	Sound	383	80.6%	-0.276%Below	$520Credit
Refinance	Sound	Sound	Sound	Sound	92	19.4%	+0.240%Above	$909Fees

Purchase

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume383

Mix80.6%

Spread

-0.276%Below

Fees

$520Credit

Refinance

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Sound

Volume92

Mix19.4%

Spread

+0.240%Above

Fees

$909Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

475

Applications

733

Volume

$184 million

Pricing & Closing

Avg Rate Spread

-0.183%

vs. market APOR

Avg Net Fees

$-262

Origination − Credits

Pullthrough Rate

64.8%

Applications → Closed

Typical Borrower

Avg Loan Amount

$388,600

Avg Borrower Income

$156,029

Avg Property Value

$571,737

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

4Full-year 2024 · HMDA

Loans originated

All statesNone

Northeast3

NJNYPA

South1

Top Metro Areas by Place Specialization Score

Newark, NJMetro

Volume 199Mix 41.89% of portfolio

86/100

Exceptional

Lakewood, NJMetro

Volume 191Mix 40.21% of portfolio

82/100

Exceptional

New York, NY-NJMetro

Volume 42Mix 8.84% of portfolio

57/100

Sound

Trenton, NJMetro

Volume 13Mix 2.74% of portfolio

49/100

Sound

Camden, NJMetro

Volume 10Mix 2.11% of portfolio

42/100

Sound

Top States by Place Specialization Score

New JerseyState

Volume 457Mix 96.21% of portfolio

86/100

Exceptional

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.