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Bank of Hope
Bank|Los Angeles, CA|Multi-Region
Loans Originated
426
Applications
639
Volume
$234 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Sound
Pricing and Pullthrough Overview
Average Rate Spread
+0.572%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,534
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
66.7%
Percentage of applications that result in closed loans
Safe Rate's Summary
Things to Think About
- Rates typically 57 basis points above market average
Report Card
Bank of Hope performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Mediocre | Below peers | |
Pull Through Closing Strength | Sound | Industry Standard | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Sound | Industry Standard | |
Jumbo | Sound | Industry Standard | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Sound | Industry Standard | |
Refinance | Acceptable | Near industry average | |
Places Geographic coverage | Strong | Multi-Regional · 3 metro areas · 21 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$550,516
Average Borrower Income
$217,641
Average Property Value
$899,765
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Acceptable | Sound | Mediocre | Sound | 410 | 96.2% | +0.560% | $1,552 |
Jumbo Loans | Acceptable | Sound | N/A | Mediocre | 16 | 3.8% | +0.821% | $1,134 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Acceptable | Sound | Mediocre | Sound | 394 | 92.5% | +0.560% | $1,500 |
Refinance | Acceptable | Acceptable | Mediocre | Acceptable | 32 | 7.5% | +0.719% | $1,948 |
Geographic Coverage
Metro Areas
3
States Served
21
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
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Top Metro Areas by Place Specialization Score
1
New York, NY-NJMSA
Volume: 234Mix: 54.93%
Place Specialization
Strong
2
Nassau County, NYMSA
Volume: 54Mix: 12.68%
Place Specialization
Strong
3
Los Angeles, CAMSA
Volume: 16Mix: 3.76%
Place Specialization
Sound
Top States by Place Specialization Score
1
NYState
Volume: 276Mix: 64.79%
Place Specialization
Strong
2
NJState
Volume: 30Mix: 7.04%
Place Specialization
Sound
3
CAState
Volume: 31Mix: 7.28%
Place Specialization
Sound
4
PAState
Volume: 12Mix: 2.82%
Place Specialization
Acceptable
5
OHState
Volume: 10Mix: 2.35%
Place Specialization
Acceptable
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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