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ENCORE BANK

Bank|Little Rock, AR|Near-National
Loans Originated
555
Applications
1,014
Volume
$219 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.247%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,234
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
54.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Particularly strong in Conventional and FHA and VA loans
  • Nationwide availability with consistent service

Report Card

ENCORE BANK performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Jumbo
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
StrongNear-National · 8 metro areas · 26 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$395,505
Average Borrower Income
$200,584
Average Property Value
$522,676

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Sound
42877.1%+0.268%$1,253
FHA Loans
Strong
Strong
Exceptional
Sound
6511.7%+0.300%$1,032
VA Loans
Strong
Strong
Strong
Sound
305.4%-0.377%$1,207
Jumbo Loans
Sound
Sound
Strong
Acceptable
264.7%+0.275%$1,462

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Sound
50490.8%+0.244%$1,283
Refinance
Sound
Sound
Sound
Sound
519.2%+0.269%$794

Geographic Coverage

Metro Areas
7
States Served
26
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALARCACOFLGAILKSLAMDMEMIMNMOMSNCNJNMNYOKSCTNTXUTVAWA

Top Metro Areas by Place Specialization Score

1
Little Rock, ARMSA
Volume: 226Mix: 40.72%
Place Specialization
Exceptional
2
Jonesboro, AR, ARMSA
Volume: 32Mix: 5.77%
Place Specialization
Strong
3
Fayetteville, ARMSA
Volume: 100Mix: 18.02%
Place Specialization
Strong
4
Hot Springs, AR, ARMSA
Volume: 26Mix: 4.68%
Place Specialization
Strong
5
San Antonio, TXMSA
Volume: 29Mix: 5.23%
Place Specialization
Sound
6
Denver, COMSA
Volume: 27Mix: 4.86%
Place Specialization
Sound
7
Dallas, TXMSA
Volume: 10Mix: 1.80%
Place Specialization
Acceptable

Top States by Place Specialization Score

1
ARState
Volume: 408Mix: 73.51%
Place Specialization
Exceptional
2
TXState
Volume: 56Mix: 10.09%
Place Specialization
Sound
3
COState
Volume: 32Mix: 5.77%
Place Specialization
Sound
4
TNState
Volume: 10Mix: 1.80%
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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