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Bremer Bank, National Association

Bank|St. Paul, MN|Multi-Region
Loans Originated
913
Applications
1,164
Volume
$282 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.223%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,838
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
78.4%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and Jumbo loans

Report Card

Bremer Bank, National Association performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
AcceptableNear industry average
Jumbo
StrongHighly Competitive
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongMulti-Regional · 8 metro areas · 9 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$309,929
Average Borrower Income
$172,755
Average Property Value
$419,896

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
80388.0%+0.216%$2,749
FHA Loans
Strong
Strong
Sound
Strong
525.7%+0.474%$2,757
VA Loans
Acceptable
Acceptable
N/A
N/A
131.4%-0.372%$2,039
Jumbo Loans
Sound
Strong
Mediocre
Strong
353.8%+0.341%$6,353
USDA Loans
Sound
Sound
N/A
N/A
101.1%+0.287%$2,027

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Strong
74982.0%+0.216%$3,011
Refinance
Strong
Strong
Sound
Strong
16418.0%+0.253%$2,105

Geographic Coverage

Metro Areas
7
States Served
9
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZCOFLIAMNNDSDWIWY

Top Metro Areas by Place Specialization Score

1
Grand Forks, ND, ND-MNMSA
Volume: 49Mix: 5.37%
Place Specialization
Exceptional
2
Rochester, MN, MNMSA
Volume: 77Mix: 8.43%
Place Specialization
Strong
3
Minneapolis, MN-WIMSA
Volume: 204Mix: 22.34%
Place Specialization
Strong
4
Mankato, MN, MNMSA
Volume: 31Mix: 3.40%
Place Specialization
Strong
5
Fargo, ND, ND-MNMSA
Volume: 69Mix: 7.56%
Place Specialization
Strong
6
St. Cloud, MN, MNMSA
Volume: 42Mix: 4.60%
Place Specialization
Strong
7
Phoenix, AZMSA
Volume: 11Mix: 1.20%
Place Specialization
Acceptable

Top States by Place Specialization Score

1
MNState
Volume: 716Mix: 78.42%
Place Specialization
Exceptional
2
NDState
Volume: 118Mix: 12.92%
Place Specialization
Strong
3
WIState
Volume: 53Mix: 5.81%
Place Specialization
Sound
4
AZState
Volume: 11Mix: 1.20%
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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