B
We analyzed every closed loan from Bell Bank — 7.7k loans across 10k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.
Pricing
Acceptable
vs. all lenders
Pull Through
Exceptional
closing strength
Products
Exceptional
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
Near-National · 35 mkts
Safe Rate Awards⭐VA Superstar⭐Jumbo Superstar
Shopping for a Mortgage?
Save Bell Bank or ask our AI assistant to explore your options.
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Explore another lender or local market
Report Card
Bell Bank performance at a glance
| Category | Score | vs. Peers |
|---|---|---|
Overall Performance· Pricing & closing strength | ||
Pricing Rate competitiveness | Near industry average +27.4 bps above market avg | |
Pull Through Closing strength | Market Leader Top 20% of lenders | |
By Loan Product· Specialization by type | ||
Conventional | Market Leader Top 20% of lenders | |
FHA | Market Leader Top 20% of lenders | |
VA | Market Leader Top 20% of lenders | |
Jumbo | Market Leader Top 20% of lenders | |
USDA | Highly Competitive Top 40% of lenders | |
By Loan Purpose· Transaction purpose mix | ||
Purchase | Market Leader Top 20% of lenders | |
Refinance | Highly Competitive Top 40% of lenders | |
By Location· Geographic coverage | ||
Geographic Reach Coverage footprint | Industry Standard Top 60% of lenders Near-National36 markets | |
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 6,509 | 84.6% | +0.276%Above | $2,884Fees | ||||
FHA Loans | 619 | 8.0% | +0.543%Above | $3,491Fees | ||||
VA Loans | 371 | 4.8% | -0.275%Below | $1,976Fees | ||||
Jumbo Loans | 163 | 2.1% | +0.290%Above | $2,196Fees | ||||
USDA Loans | — | 34 | 0.4% | +0.275%Above | $2,243Fees |
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 7,158 | 93.0% | +0.275%Above | $2,922Fees | ||||
Refinance | 538 | 7.0% | +0.267%Above | $2,358Fees |
At a Glance
Lender Overview
Lending Activity
Loans Originated
7,696
Applications
9,512
Volume
$2 billion
Pricing & Closing
Avg Rate Spread
+0.274%
vs. market APOR
Avg Net Fees
$2,876
Origination − Credits
Pullthrough Rate
80.9%
Applications → Closed
Typical Borrower
Avg Loan Amount
$361,385
Avg Borrower Income
$154,778
Avg Property Value
$465,068
Geographic Coverage
Geographic Performance
Metro Areas
35
States Served
34
We count Washington DC as a state
Avg Place Specialization
States with Loan Originations
ALARAZCACODCFLGAIAIDILINKSKYMIMNMOMSMTNCNDNENMOKORSCSDTNTXUTVAWAWIWY
Top Metro Areas by Place Specialization Score
1
Minneapolis, MN-WIMSA
Volume: 3,624Mix: 47.09%of portfolio
Place
Exceptional2
Fargo, ND, ND-MNMSA
Volume: 295Mix: 3.83%of portfolio
Place
Exceptional3
Rochester, MN, MNMSA
Volume: 166Mix: 2.16%of portfolio
Place
Exceptional4
Phoenix, AZMSA
Volume: 681Mix: 8.85%of portfolio
Place
Strong5
Madison, WI, WIMSA
Volume: 240Mix: 3.12%of portfolio
Place
Strong6
Duluth, MN, MN-WIMSA
Volume: 137Mix: 1.78%of portfolio
Place
Strong7
Santa Fe, NM, NMMSA
Volume: 40Mix: 0.52%of portfolio
Place
Strong8
Kansas City, MO, MO-KSMSA
Volume: 298Mix: 3.87%of portfolio
Place
Strong9
Milwaukee, WIMSA
Volume: 153Mix: 1.99%of portfolio
Place
Strong10
Columbia, MO, MOMSA
Volume: 68Mix: 0.88%of portfolio
Place
StrongShowing 10 of 35 metro areas
Top States by Place Specialization Score
1
MNState
Volume: 4,389Mix: 57.03%of portfolio
Place
Exceptional2
WIState
Volume: 767Mix: 9.97%of portfolio
Place
Exceptional3
AZState
Volume: 735Mix: 9.55%of portfolio
Place
Strong4
KSState
Volume: 278Mix: 3.61%of portfolio
Place
Strong5
NDState
Volume: 250Mix: 3.25%of portfolio
Place
Strong6
NMState
Volume: 263Mix: 3.42%of portfolio
Place
Strong7
MOState
Volume: 310Mix: 4.03%of portfolio
Place
Strong8
FLState
Volume: 319Mix: 4.15%of portfolio
Place
Strong9
TNState
Volume: 132Mix: 1.72%of portfolio
Place
Strong10
COState
Volume: 49Mix: 0.64%of portfolio
Place
SoundShowing 10 of 17 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.
Looking for a different lender?
Are you the owner of Bell Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.