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Ally Bank
Bank|Sandy, UT|National
Loans Originated
2,463
Applications
5,223
Volume
$895 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Acceptable
Pricing and Pullthrough Overview
Average Rate Spread
+0.147%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,829
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
47.2%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Particularly strong in Conventional and Jumbo loans
- Nationwide availability with consistent service
Things to Think About
- Pull through efficiency is below industry average
Report Card
Ally Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Strong | Highly Competitive | |
Pull Through Closing Strength | Acceptable | Near industry average | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Sound | National · 50 metro areas · 51 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$363,656
Average Borrower Income
$167,047
Average Property Value
$493,965
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Strong | Mediocre | 2,401 | 97.5% | +0.147% | $1,870 |
Jumbo Loans | Sound | Strong | Strong | Acceptable | 62 | 2.5% | +0.128% | -$32 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Strong | Acceptable | 2,237 | 90.8% | +0.141% | $1,779 |
Refinance | Acceptable | Sound | Sound | Mediocre | 226 | 9.2% | +0.197% | $2,299 |
Geographic Coverage
Metro Areas
49
States Served
51
Why 51? We count DC as a state
Avg Place Specialization
Sound
States with Loan Originations
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Charlotte, NC-SCMSA
Volume: 62Mix: 2.52%
Place Specialization
Sound
2
Houston, TXMSA
Volume: 57Mix: 2.31%
Place Specialization
Sound
3
Raleigh, NCMSA
Volume: 35Mix: 1.42%
Place Specialization
Sound
4
Dallas, TXMSA
Volume: 49Mix: 1.99%
Place Specialization
Sound
5
Atlanta, GAMSA
Volume: 45Mix: 1.83%
Place Specialization
Sound
6
Chicago, ILMSA
Volume: 46Mix: 1.87%
Place Specialization
Sound
7
Montgomery County, PAMSA
Volume: 29Mix: 1.18%
Place Specialization
Sound
8
New York, NY-NJMSA
Volume: 37Mix: 1.50%
Place Specialization
Sound
9
Pittsburgh, PA, PAMSA
Volume: 28Mix: 1.14%
Place Specialization
Sound
10
Minneapolis, MN-WIMSA
Volume: 36Mix: 1.46%
Place Specialization
Sound
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
PAState
Volume: 142Mix: 5.77%
Place Specialization
Strong
2
TXState
Volume: 205Mix: 8.32%
Place Specialization
Strong
3
NCState
Volume: 158Mix: 6.41%
Place Specialization
Strong
4
FLState
Volume: 208Mix: 8.44%
Place Specialization
Strong
5
OHState
Volume: 110Mix: 4.47%
Place Specialization
Sound
6
NJState
Volume: 76Mix: 3.09%
Place Specialization
Sound
7
CAState
Volume: 149Mix: 6.05%
Place Specialization
Sound
8
SCState
Volume: 67Mix: 2.72%
Place Specialization
Sound
9
ILState
Volume: 84Mix: 3.41%
Place Specialization
Sound
10
GAState
Volume: 87Mix: 3.53%
Place Specialization
Sound
Showing 10 of 40 states
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 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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