# Truist Bank

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


> **📋 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


Truist Bank is a bank, headquartered in Charlotte, NC, serving borrowers nationwide, with 13,874 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 30% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 32% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** JJKC32MCHWDI71265Z06
- **Headquarters:** Charlotte, NC
- **Geographic Reach:** National
- **States Served:** 49
- **State List:** AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 91%
- **Brokered/Wholesale:** 9%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 70/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.078%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $802
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 13,874
- **Dollar Volume:** $6.0 billion
- **Applications Received:** 21,189
- **Market Share:** 39.00%

## Typical Borrower Profile

- **Average Loan Amount:** $435,305
- **Average Borrower Income:** $200,014
- **Average Property Value:** $612,065

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (77%)
- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **VA Gold Superstar** (64%)
- ⭐ **Jumbo Gold Superstar** (77%)
- ⭐ **USDA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (77%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 90/100 | 11,144 | +0.097% | $762 | Exceptional 🤩 |
| FHA | 80/100 | 771 | +0.268% | $1,984 | Strong 😀 |
| VA | 79/100 | 498 | -0.430% | $1,648 | Strong 😀 |
| Jumbo | 94/100 | 1,398 | -0.035% | $163 | Exceptional 🤩 |
| USDA | 83/100 | 63 | -0.155% | $1,372 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 8,750 loans, Score: 90/100 (Exceptional)
- Refinance: 2,394 loans, Score: 86/100 (Exceptional)

**FHA:**
- Purchase: 569 loans, Score: 79/100 (Strong)
- Refinance: 202 loans, Score: 80/100 (Strong)

**VA:**
- Purchase: 388 loans, Score: 79/100 (Strong)
- Refinance: 110 loans, Score: 81/100 (Exceptional)

**Jumbo:**
- Purchase: 1,218 loans, Score: 94/100 (Exceptional)
- Refinance: 180 loans, Score: 90/100 (Exceptional)

**USDA:**
- Purchase: 63 loans, Score: 83/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 88/100 | 10,988 | $5.1B | +0.022% | Exceptional 🤩 |
| Refinance | 85/100 | 2,886 | $930M | +0.280% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 2,669 | 1.80% | 87/100 |
| VA | 1,973 | 1.83% | 92/100 |
| FL | 1,767 | 0.60% | 80/100 |
| GA | 1,612 | 1.17% | 85/100 |
| MD | 1,241 | 1.76% | 86/100 |
| SC | 628 | 0.78% | 81/100 |
| PA | 533 | 0.44% | 74/100 |
| TN | 510 | 0.56% | 75/100 |
| TX | 499 | 0.14% | 67/100 |
| KY | 397 | 0.85% | 77/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 1,427 | 77/100 |
| Atlanta | GA | 898 | 85/100 |
| Arlington | VA-WV | 874 | 88/100 |
| Charlotte | NC-SC | 639 | 85/100 |
| Raleigh | NC | 539 | 86/100 |
| Baltimore | MD | 494 | 81/100 |
| Richmond, VA | VA | 492 | 88/100 |
| Frederick | MD | 441 | 93/100 |
| Marietta, GA | GA | 289 | 81/100 |
| Orlando | FL | 269 | 73/100 |
| Washington, DC | DC-MD | 264 | 81/100 |
| Tampa, FL | FL | 257 | 73/100 |
| Greensboro | NC | 230 | 80/100 |
| St. Louis, MO | MO-IL | 226 | 72/100 |
| Louisville/Jefferson County, KY | KY-IN | 199 | 74/100 |

## Where This Lender Ranks

Truist Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in United States for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/national/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in North Carolina for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in North Carolina for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Virginia Banks
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/banks)
- 🥇 **#1** in Virginia for Conventional Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Virginia for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Georgia Banks
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/banks)
- 🥇 **#1** in Georgia for Conventional Loans
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Georgia for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Maryland
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders)
- 🥇 **#1** in Maryland Banks
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/banks)
- 🥇 **#1** in Maryland for Conventional Loans
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Maryland for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Maryland for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Atlanta Banks
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/banks)
- 🥇 **#1** in Atlanta for Conventional Loans
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Atlanta for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Atlanta for Jumbo Loans
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Atlanta for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Arlington
  - [View Full Rankings](https://saferate.com/arlington/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does Truist Bank offer?

Truist Bank 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 Truist Bank offer mortgages?

Truist Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Truist Bank's mortgage rates?

Truist Bank has a pricing score of 70/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.078% above market average.

### What type of lender is Truist Bank?

Truist Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Charlotte, NC.

### What is Truist Bank's loan approval success rate?

Truist Bank has a pull-through score of 68/100 (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/truist-bank

### How to Cite

> "Truist Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/truist-bank

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