Truist Bank's 13.9k closed loans and 21k applications, benchmarked 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
FHA · Conventional · VA · Jumbo · USDA
Place
Strong
4/5
National · 49 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Jumbo
Champion
Conventional
Superstar
FHA
Superstar
VA
Superstar
USDA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
Truist Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+7.8 bps above market avg
4/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
11,144 loans · 0.10% above market
Exceptional
Top 20% of lenders
5/5
FHA
771 loans · 0.27% above market
Strong
Top 40% of lenders
4/5
VA
498 loans · 0.43% below market
Strong
Top 40% of lenders
4/5
Jumbo
1,398 loans · 0.04% below market
Exceptional
Top 10% of lenders
5/5
USDA
63 loans · 0.15% below market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
10,988 loans · 0.02% above market
Exceptional
Top 20% of lenders
5/5
Refinance
2,886 loans · 0.28% above market
Exceptional
Top 20% of lenders
5/5
By Location· Geographic coverage
Geographic Reach
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 | 11,144 | 80.3% | +0.097%Above | $762Fees | ||||
FHA Loans | 771 | 5.6% | +0.268%Above | $1,984Fees | ||||
VA Loans | 498 | 3.6% | -0.430%Below | $1,648Fees | ||||
Jumbo Loans | 1,398 | 10.1% | -0.035%Below | $163Fees | ||||
USDA Loans | 63 | 0.5% | -0.155%Below | $1,372Fees |
Conventional
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume11,144
Mix80.3%
Spread
+0.097%Above
Fees
$762Fees
FHA Loans
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume771
Mix5.6%
Spread
+0.268%Above
Fees
$1,984Fees
VA Loans
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume498
Mix3.6%
Spread
-0.430%Below
Fees
$1,648Fees
Jumbo Loans
OverallExceptional
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume1,398
Mix10.1%
Spread
-0.035%Below
Fees
$163Fees
USDA Loans
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughSound
Volume63
Mix0.5%
Spread
-0.155%Below
Fees
$1,372Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 10,988 | 79.2% | +0.022%Above | $571Fees | ||||
Refinance | 2,886 | 20.8% | +0.280%Above | $1,633Fees |
Purchase
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume10,988
Mix79.2%
Spread
+0.022%Above
Fees
$571Fees
Refinance
OverallStrong
ProductExceptional
PricingSound
Pull ThroughStrong
Volume2,886
Mix20.8%
Spread
+0.280%Above
Fees
$1,633Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
13,874
Applications
21,189
Volume
$6 billion
Pricing & Closing
Avg Rate Spread
+0.078%
vs. market APOR
Avg Net Fees
$802
Origination − Credits
Pullthrough Rate
65.5%
Applications → Closed
Typical Borrower
Avg Loan Amount
$435,305
Avg Borrower Income
$200,014
Avg Property Value
$612,065
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
49
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
49Full-year 2024 · HMDALoans originated
< 2020–5050–100100–500500+None
Northeast9
CTMEMANHNJNYPARIVT
Midwest12
IAILINKSMIMNMONDNEOHSDWI
South17
ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West11
AZCACOIDMTNMNVORUTWAWY
Top Metro Areas by Place Specialization Score
Showing 10 of 49 metro areas
Top States by Place Specialization Score
Showing 10 of 36 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.