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Banner Bank
Bank|Walla Walla, WA|Regional
Loans Originated
994
Applications
1,787
Volume
$459 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Sound
Safe Rate Awards⭐FHA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.178%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,315
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
55.6%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Particularly strong in Conventional and FHA and VA and Jumbo loans
Report Card
Banner Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Sound | Industry Standard | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Regional · 19 metro areas · 4 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$462,586
Average Borrower Income
$177,911
Average Property Value
$686,539
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Acceptable | Sound | 780 | 78.5% | +0.231% | $3,317 |
FHA Loans | Strong | Strong | Strong | Sound | 110 | 11.1% | +0.056% | $3,148 |
VA Loans | Sound | Strong | Sound | Sound | 37 | 3.7% | -0.497% | $3,672 |
Jumbo Loans | Sound | Strong | N/A | Sound | 64 | 6.4% | +0.662% | $3,629 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Sound | Sound | 836 | 84.1% | +0.139% | $3,305 |
Refinance | Sound | Strong | Sound | Sound | 158 | 15.9% | +0.299% | $3,349 |
Geographic Coverage
Metro Areas
18
States Served
4
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
CAIDORWA
Top Metro Areas by Place Specialization Score
1
Wenatchee, WAMSA
Volume: 97Mix: 9.76%
Place Specialization
Exceptional
2
Mount Vernon, WAMSA
Volume: 34Mix: 3.42%
Place Specialization
Exceptional
3
Spokane, WAMSA
Volume: 72Mix: 7.24%
Place Specialization
Strong
4
Bellingham, WA, WAMSA
Volume: 45Mix: 4.53%
Place Specialization
Strong
5
Tacoma, WAMSA
Volume: 54Mix: 5.43%
Place Specialization
Strong
6
Eugene, ORMSA
Volume: 46Mix: 4.63%
Place Specialization
Strong
7
Kennewick, WAMSA
Volume: 43Mix: 4.33%
Place Specialization
Strong
8
Portland, OR-WAMSA
Volume: 79Mix: 7.95%
Place Specialization
Strong
9
Walla Walla, WA, WAMSA
Volume: 22Mix: 2.21%
Place Specialization
Strong
10
Seattle, WAMSA
Volume: 59Mix: 5.94%
Place Specialization
Strong
Showing 10 of 18 metro areas
Top States by Place Specialization Score
1
WAState
Volume: 622Mix: 62.58%
Place Specialization
Exceptional
2
ORState
Volume: 243Mix: 24.45%
Place Specialization
Strong
3
CAState
Volume: 88Mix: 8.85%
Place Specialization
Sound
4
IDState
Volume: 41Mix: 4.12%
Place Specialization
Sound
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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