We analyzed every closed loan from The Federal Savings Bank — 7.0k loans across 18k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Summary
What They Do Well
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Rates typically 58 basis points above market average
Explore another lender or local market
Report Card
The Federal Savings Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+58.2 bps above market avg
1/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
2,127 loans · 0.66% above market
Strong
Top 40% of lenders
4/5
FHA
1,194 loans · 0.67% above market
Exceptional
Top 20% of lenders
5/5
VA
3,668 loans · 0.35% above market
Exceptional
Top 20% of lenders
5/5
Jumbo
46 loans · 0.49% above market
Strong
Top 40% of lenders
4/5
USDA
13 loans · 0.04% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
3,199 loans · 0.59% above market
Exceptional
Top 20% of lenders
5/5
Refinance
3,849 loans · 0.57% above market
Exceptional
Top 20% of lenders
5/5
By Location· Geographic coverage
Geographic Reach
National · 50 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 | 2,127 | 30.2% | +0.659%Above | $3,473Fees | ||||
FHA Loans | 1,194 | 16.9% | +0.670%Above | $4,116Fees | ||||
VA Loans | 3,668 | 52.0% | +0.346%Above | $4,394Fees | ||||
Jumbo Loans | 46 | 0.7% | +0.494%Above | $2,787Fees | ||||
USDA Loans | — | 13 | 0.2% | -0.039%Below | $2,032Fees |
Conventional
OverallSound
ProductStrong
PricingMediocre
Pull ThroughSound
Volume2,127
Mix30.2%
Spread
+0.659%Above
Fees
$3,473Fees
FHA Loans
OverallSound
ProductExceptional
PricingAcceptable
Pull ThroughSound
Volume1,194
Mix16.9%
Spread
+0.670%Above
Fees
$4,116Fees
VA Loans
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughSound
Volume3,668
Mix52.0%
Spread
+0.346%Above
Fees
$4,394Fees
Jumbo Loans
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume46
Mix0.7%
Spread
+0.494%Above
Fees
$2,787Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughSound
Volume13
Mix0.2%
Spread
-0.039%Below
Fees
$2,032Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 3,199 | 45.4% | +0.587%Above | $3,494Fees | ||||
Refinance | 3,849 | 54.6% | +0.567%Above | $4,876Fees |
Purchase
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughStrong
Volume3,199
Mix45.4%
Spread
+0.587%Above
Fees
$3,494Fees
Refinance
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughSound
Volume3,849
Mix54.6%
Spread
+0.567%Above
Fees
$4,876Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
7,048
Applications
17,531
Volume
$2 billion
Pricing & Closing
Avg Rate Spread
+0.582%
vs. market APOR
Avg Net Fees
$3,809
Origination − Credits
Pullthrough Rate
40.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$396,247
Avg Borrower Income
$128,999
Avg Property Value
$472,741
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
51
Includes Washington, DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
51Full-year 2024 · HMDANationwide · all 50 states and DCLoans originated
< 5050–100100–200200+None
Northeast9
CTMEMANHNJNYPARIVT
Midwest12
IAILINKSMIMNMONDNEOHSDWI
South17
ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West13
AKAZCACOHIIDMTNMNVORUTWAWY
Top Metro Areas by Place Specialization Score
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 49 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.
Looking for a different lender?
Are you the owner of The Federal Savings 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.