We analyzed every closed loan from State Employees' — 9.7k loans across 15k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Strong
4/5
Regional · 22 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
Jumbo
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 74.00 basis points below market average
- Strong pull through performance
- Particularly strong in Conventional and Jumbo loans
Explore another lender or local market
Report Card
State Employees' performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Rates 74.0 bps below market avg
4/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
9,542 loans · 0.73% below market
Exceptional
Top 10% of lenders
5/5
Jumbo
158 loans · 1.14% below market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
7,653 loans · 0.76% below market
Exceptional
Top 20% of lenders
5/5
Refinance
2,047 loans · 0.69% below market
Exceptional
Top 20% of lenders
5/5
By Location· Geographic coverage
Geographic Reach
Regional · 23 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 | 9,542 | 98.4% | -0.732%Below | $2,192Fees | ||||
Jumbo Loans | 158 | 1.6% | -1.142%Below | $2,494Fees |
Conventional
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume9,542
Mix98.4%
Spread
-0.732%Below
Fees
$2,192Fees
Jumbo Loans
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume158
Mix1.6%
Spread
-1.142%Below
Fees
$2,494Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 7,653 | 78.9% | -0.756%Below | $2,188Fees | ||||
Refinance | 2,047 | 21.1% | -0.694%Below | $2,227Fees |
Purchase
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume7,653
Mix78.9%
Spread
-0.756%Below
Fees
$2,188Fees
Refinance
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume2,047
Mix21.1%
Spread
-0.694%Below
Fees
$2,227Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
9,700
Applications
14,645
Volume
$2 billion
Pricing & Closing
Avg Rate Spread
-0.740%
vs. market APOR
Avg Net Fees
$2,198
Origination − Credits
Pullthrough Rate
66.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$284,868
Avg Borrower Income
$119,224
Avg Property Value
$364,292
Geographic Coverage
Geographic Performance
Metro Areas
22
markets with activity
States Served
5
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
5Full-year 2024 · HMDALoans originated
< 5050–100100–200200+None
South5
GANCSCTNVA
Top Metro Areas by Place Specialization Score
Showing 10 of 22 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.
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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.