We analyzed every closed loan from Bremer Bank — 913 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Sound
3/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · Jumbo · USDA
Place
Strong
4/5
Multi-Region · 7 mkts
Awards
Conventional
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and Jumbo loans
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Report Card
Bremer Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+22.3 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Strong
Top 40% of lenders
VA
Acceptable
Bottom 40% of lenders
Jumbo
Strong
Top 40% of lenders
USDA
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 8 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 | 803 | 88.0% | +0.216%Above | $2,749Fees | ||||
FHA Loans | 52 | 5.7% | +0.474%Above | $2,757Fees | ||||
VA Loans | — | — | 13 | 1.4% | -0.372%Below | $2,039Fees | ||
Jumbo Loans | 35 | 3.8% | +0.341%Above | $6,353Fees | ||||
USDA Loans | — | — | 10 | 1.1% | +0.287%Above | $2,027Fees |
Conventional
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume803
Mix88.0%
Spread
+0.216%Above
Fees
$2,749Fees
FHA Loans
OverallSound
ProductStrong
PricingSound
Pull ThroughStrong
Volume52
Mix5.7%
Spread
+0.474%Above
Fees
$2,757Fees
VA Loans
OverallAcceptable
ProductAcceptable
Pricing—
Pull Through—
Volume13
Mix1.4%
Spread
-0.372%Below
Fees
$2,039Fees
Jumbo Loans
OverallSound
ProductStrong
PricingMediocre
Pull ThroughStrong
Volume35
Mix3.8%
Spread
+0.341%Above
Fees
$6,353Fees
USDA Loans
OverallSound
ProductSound
Pricing—
Pull Through—
Volume10
Mix1.1%
Spread
+0.287%Above
Fees
$2,027Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 749 | 82.0% | +0.216%Above | $3,011Fees | ||||
Refinance | 164 | 18.0% | +0.253%Above | $2,105Fees |
Purchase
OverallStrong
ProductStrong
PricingAcceptable
Pull ThroughStrong
Volume749
Mix82.0%
Spread
+0.216%Above
Fees
$3,011Fees
Refinance
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume164
Mix18.0%
Spread
+0.253%Above
Fees
$2,105Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
913
Applications
1,164
Volume
$282 million
Pricing & Closing
Avg Rate Spread
+0.223%
vs. market APOR
Avg Net Fees
$2,838
Origination − Credits
Pullthrough Rate
78.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$309,929
Avg Borrower Income
$172,755
Avg Property Value
$419,896
Geographic Coverage
Geographic Performance
Metro Areas
7
markets with activity
States Served
9
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
9Midwest5
IAMNNDSDWI
South1
FL
West3
AZCOWY
Top Metro Areas by Place Specialization Score
Volume 49Mix 5.37% of portfolio
82/100
Exceptional
Volume 77Mix 8.43% of portfolio
77/100
Strong
Volume 204Mix 22.34% of portfolio
73/100
Strong
Volume 31Mix 3.40% of portfolio
73/100
Strong
Volume 69Mix 7.56% of portfolio
72/100
Strong
Volume 42Mix 4.60% of portfolio
67/100
Strong
Volume 11Mix 1.20% of portfolio
39/100
AcceptableTop States by Place Specialization Score
1
MinnesotaState
Volume 716Mix 78.42% of portfolio
86/100
Exceptional2
North DakotaState
Volume 118Mix 12.92% of portfolio
72/100
Strong3
WisconsinState
Volume 53Mix 5.81% of portfolio
57/100
Sound4
ArizonaState
Volume 11Mix 1.20% of portfolio
38/100
AcceptableHow 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.