What loan types does Bank offer?

Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does Bank offer mortgages?

Bank offers mortgages in 8 states: CO, IA, IL, MN, MO, NC, NE, SD.

How competitive are Bank's mortgage rates?

Bank has an overall pricing score of 86.4/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Bank?

Bank is a Bank headquartered in Wapello, IA.

Unclaimed

Bank

Bank•Wapello, IAHQ•Direct & Wholesale•Reviews near you on Google

Bank has 120 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Exceptional

5/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Strong

4/5

Multi-Region · 1 mkts

Awards

Refinance

Superstar

Summary

What They Do Well

Offers rates 48.20 basis points below market average
Lower than average lender fees

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Report Card

Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 48.2 bps below market avg

Pull Through

Closing strength

Sound

Top 60% of lenders

By Loan Product· Specialization by type

Conventional

Acceptable

Bottom 40% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 2 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Acceptable	Exceptional	Acceptable	120	100.0%	-0.482%Below	$1,083Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume120

Mix100.0%

Spread

-0.482%Below

Fees

$1,083Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Exceptional	Acceptable	93	77.5%	-0.338%Below	$1,117Fees
Refinance	Strong	Sound	Exceptional	Sound	27	22.5%	-0.946%Below	$974Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume93

Mix77.5%

Spread

-0.338%Below

Fees

$1,117Fees

Refinance

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume27

Mix22.5%

Spread

-0.946%Below

Fees

$974Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

120

Applications

196

Volume

$26 million

Pricing & Closing

Avg Rate Spread

-0.482%

vs. market APOR

Avg Net Fees

$1,083

Origination − Credits

Pullthrough Rate

61.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$221,750

Avg Borrower Income

$108,425

Avg Property Value

$283,000

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Midwest6

IAILMNMONESD

South1

West1

Top Metro Areas by Place Specialization Score

Des Moines, IAMetro

Volume 47Mix 39.17% of portfolio

66/100

Strong

Top States by Place Specialization Score

IowaState

Volume 107Mix 89.17% of portfolio

70/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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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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.