Provident Funding Associates
Provident Funding Associates's 12.6k closed loans and 20k applications, benchmarked 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
Exceptional
5/5
Conventional
Place
Strong
4/5
Near-National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 10.10 basis points below market average
- Lower than average lender fees
- High volume lender with significant market experience
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
Provident Funding Associates performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 10.1 bps below market avg
5/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
12,577 loans · 0.10% below market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
10,686 loans · 0.09% below market
Exceptional
Top 20% of lenders
5/5
Refinance
1,896 loans · 0.19% below market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Near-National · 50 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 | 12,577 | 100.0% | -0.101%Below | $1,206Fees |
Conventional
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughSound
Volume12,577
Mix100.0%
Spread
-0.101%Below
Fees
$1,206Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 10,686 | 84.9% | -0.086%Below | $1,438Fees | ||||
Refinance | 1,896 | 15.1% | -0.189%Below | $97Credit |
Purchase
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughSound
Volume10,686
Mix84.9%
Spread
-0.086%Below
Fees
$1,438Fees
Refinance
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughSound
Volume1,896
Mix15.1%
Spread
-0.189%Below
Fees
$97Credit
At a Glance
Lender Overview
Lending Activity
Loans Originated
12,582
Applications
20,368
Volume
$5 billion
Pricing & Closing
Avg Rate Spread
-0.101%
vs. market APOR
Avg Net Fees
$1,206
Origination − Credits
Pullthrough Rate
61.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$421,184
Avg Borrower Income
$160,669
Avg Property Value
$583,041
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
30
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
30Full-year 2024 · HMDALoans originated
< 100100–500500+None
Northeast4
CTMANJPA
Midwest8
ILINKSMIMNMOOHWI
South10
FLGAKYMDNCOKSCTNTXVA
West8
AZCACOIDNVORUTWA
Top Metro Areas by Place Specialization Score
8© No machine-readable author provided. Billy Hathorn assumed (based on copyright claims). · CC BY-SA 3.0Fort Worth, TXMetro
Volume 262Mix 2.08% of portfolio
76/100
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 30 states
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.