# Liberty Bank for Savings

> **Canonical URL:** https://saferate.com/lenders/liberty-bank-for-savings


> **📋 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


Liberty Bank for Savings is a bank, headquartered in Chicago, IL, with 158 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 50% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493000TY1MM1LLTM666
- **Headquarters:** Chicago, IL
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** IL
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 50/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.259%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $578
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 158
- **Dollar Volume:** $81 million
- **Applications Received:** 216
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $510,949
- **Average Borrower Income:** $251,399
- **Average Property Value:** $727,785

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 35/100 | 128 | -0.257% | $703 | Acceptable 🙂 |
| Jumbo | 70/100 | 30 | -0.266% | $40 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 109 loans, Score: 36/100 (Acceptable)

**Jumbo:**
- Purchase: 24 loans, Score: 70/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 39/100 | 133 | $68M | -0.242% | Acceptable 🙂 |
| Refinance | 33/100 | 25 | $13M | -0.343% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 158 | 0.13% | 73/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Chicago | IL | 149 | 75/100 |

## Where This Lender Ranks

Liberty Bank for Savings appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#11** in Chicago for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#17** in Chicago Banks
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/banks)
- 🏆 **#17** in Chicago for Jumbo Loans
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/jumbo-loans)

## Frequently Asked Questions

### What loan types does Liberty Bank for Savings offer?

Liberty Bank for Savings offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Liberty Bank for Savings offer mortgages?

Liberty Bank for Savings offers mortgages in 1 states: IL.

### How competitive are Liberty Bank for Savings's mortgage rates?

Liberty Bank for Savings has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.259% below market average.

### What type of lender is Liberty Bank for Savings?

Liberty Bank for Savings is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Chicago, IL.

### What is Liberty Bank for Savings's loan approval success rate?

Liberty Bank for Savings has a pull-through score of 50/100 (Sound). 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/liberty-bank-for-savings

### How to Cite

> "Liberty Bank for Savings Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/liberty-bank-for-savings

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