# Evolve Bank & Trust

> **Canonical URL:** https://saferate.com/lenders/evolve-bank-trust


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Evolve Bank & Trust is a bank, headquartered in West Memphis, AR, serving borrowers across 36 states, with 1,076 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 49% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 31% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300IRXW9RSZM2B951
- **Headquarters:** West Memphis, AR
- **Geographic Reach:** Near-National
- **States Served:** 36
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, MA, MD, ME, MI, MO, MS, MT, NC, NH, NJ, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI
- **Markets (MSAs):** 24
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 51/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.255%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,311
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,076
- **Dollar Volume:** $398 million
- **Applications Received:** 1,421
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $369,591
- **Average Borrower Income:** $144,232
- **Average Property Value:** $471,227

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 66/100 | 746 | +0.202% | $2,177 | Strong 😀 |
| FHA | 72/100 | 253 | +0.501% | $2,892 | Strong 😀 |
| VA | 66/100 | 48 | -0.188% | $1,879 | Strong 😀 |
| Jumbo | 44/100 | 16 | +0.354% | $1,510 | Sound ☺️ |
| USDA | 48/100 | 13 | +0.101% | $2,468 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 671 loans, Score: 66/100 (Strong)
- Refinance: 75 loans, Score: 55/100 (Sound)

**FHA:**
- Purchase: 225 loans, Score: 72/100 (Strong)
- Refinance: 28 loans, Score: 47/100 (Sound)

**VA:**
- Purchase: 46 loans, Score: 67/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 69/100 | 969 | $360M | +0.270% | Strong 😀 |
| Refinance | 56/100 | 107 | $38M | +0.127% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 214 | 0.35% | 72/100 |
| TN | 166 | 0.18% | 69/100 |
| NY | 160 | 0.14% | 67/100 |
| DE | 138 | 0.97% | 74/100 |
| CT | 72 | 0.21% | 62/100 |
| CA | 49 | 0.02% | 49/100 |
| AR | 48 | 0.15% | 57/100 |
| MS | 39 | 0.16% | 55/100 |
| MD | 36 | 0.05% | 51/100 |
| VA | 18 | 0.02% | 43/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Memphis, TN |  | 181 | 77/100 |
| Non |  | 104 | 51/100 |
| Wilmington, DE |  | 87 | 70/100 |
| Nassau County | NY | 73 | 64/100 |
| Cambridge | MA | 58 | 61/100 |
| Worcester, MA | MA | 49 | 67/100 |
| Springfield, MA | MA | 39 | 63/100 |
| Albany | NY | 38 | 56/100 |
| Boston, MA | MA | 35 | 56/100 |
| Los Angeles | CA | 30 | 51/100 |
| Hartford | CT | 28 | 54/100 |
| Bridgeport | CT | 25 | 55/100 |
| Dover, DE | DE | 24 | 59/100 |
| Glens Falls, NY | NY | 23 | 57/100 |
| Washington, DC | DC-MD | 19 | 49/100 |

## Where This Lender Ranks

Evolve Bank & Trust appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Dover, DE for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/dover-de/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Glens Falls, NY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Delaware for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/delaware/best-mortgage-lenders/banks/va-loans)
- 🥉 **#3** in Springfield, MA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/springfield-ma/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Wilmington, DE for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wilmington-de/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Worcester, MA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Dover, DE Banks
  - [View Full Rankings](https://saferate.com/dover-de/best-mortgage-lenders/banks)
- 🏆 **#5** in Delaware for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/delaware/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#5** in Wilmington, DE Banks
  - [View Full Rankings](https://saferate.com/wilmington-de/best-mortgage-lenders/banks)
- 🏆 **#5** in Nassau County for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#6** in Dover, DE for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/dover-de/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Glens Falls, NY for FHA Loans
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in Memphis, TN for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/banks/va-loans)
- 🏆 **#7** in Delaware Banks
  - [View Full Rankings](https://saferate.com/delaware/best-mortgage-lenders/banks)
- 🏆 **#7** in Glens Falls, NY
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders)
- 🏆 **#7** in Glens Falls, NY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#7** in Amherst Town for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/amherst-town/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#8** in Wilmington, DE for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wilmington-de/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#8** in Jonesboro, AR for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/jonesboro-ar/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Massachusetts for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does Evolve Bank & Trust offer?

Evolve Bank & Trust offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Evolve Bank & Trust offer mortgages?

Evolve Bank & Trust offers mortgages in 36 states: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, MA, MD, ME, MI, MO, MS, MT, NC, NH, NJ, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI.

### How competitive are Evolve Bank & Trust's mortgage rates?

Evolve Bank & Trust has a pricing score of 51/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.255% above market average.

### What type of lender is Evolve Bank & Trust?

Evolve Bank & Trust is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in West Memphis, AR.

### What is Evolve Bank & Trust's loan approval success rate?

Evolve Bank & Trust has a pull-through score of 69/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/evolve-bank-trust

### How to Cite

> "Evolve Bank & Trust Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/evolve-bank-trust

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