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Evolve Bank & Trust

Bank|West Memphis, AR|Near-National
Loans Originated
1,076
Applications
1,421
Volume
$397 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.255%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,311
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
75.7%
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 VA loans
  • Nationwide availability with consistent service

Report Card

Evolve Bank & Trust 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
StrongHighly Competitive
Jumbo
SoundIndustry Standard
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundNear-National · 24 metro areas · 36 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$369,591
Average Borrower Income
$144,232
Average Property Value
$471,227

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
74669.3%+0.202%$2,177
FHA Loans
Strong
Strong
Sound
Strong
25323.5%+0.501%$2,892
VA Loans
Strong
Strong
Sound
Strong
484.5%-0.188%$1,879
Jumbo Loans
Acceptable
Sound
N/A
Acceptable
161.5%+0.354%$1,510
USDA Loans
Sound
Sound
N/A
N/A
131.2%+0.101%$2,468

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Sound
Strong
96990.1%+0.270%$2,265
Refinance
Sound
Sound
Sound
Sound
1079.9%+0.127%$2,689

Geographic Coverage

Metro Areas
23
States Served
36
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AKALARAZCACOCTDCDEFLGAIDILMAMDMEMIMOMSMTNCNHNJNYOHOKORPARISCTNTXVAVTWAWI

Top Metro Areas by Place Specialization Score

1
Memphis, TNMSA
Volume: 181Mix: 16.82%
Place Specialization
Strong
2
Wilmington, DEMSA
Volume: 87Mix: 8.09%
Place Specialization
Strong
3
Worcester, MA, MAMSA
Volume: 49Mix: 4.55%
Place Specialization
Strong
4
Nassau County, NYMSA
Volume: 73Mix: 6.78%
Place Specialization
Strong
5
Springfield, MA, MAMSA
Volume: 39Mix: 3.62%
Place Specialization
Strong
6
Cambridge, MAMSA
Volume: 58Mix: 5.39%
Place Specialization
Strong
7
Dover, DE, DEMSA
Volume: 24Mix: 2.23%
Place Specialization
Sound
8
Glens Falls, NY, NYMSA
Volume: 23Mix: 2.14%
Place Specialization
Sound
9
Jonesboro, AR, ARMSA
Volume: 18Mix: 1.67%
Place Specialization
Sound
10
Boston, MA, MAMSA
Volume: 35Mix: 3.25%
Place Specialization
Sound
Showing 10 of 23 metro areas

Top States by Place Specialization Score

1
DEState
Volume: 138Mix: 12.83%
Place Specialization
Strong
2
MAState
Volume: 214Mix: 19.89%
Place Specialization
Strong
3
TNState
Volume: 166Mix: 15.43%
Place Specialization
Strong
4
NYState
Volume: 160Mix: 14.87%
Place Specialization
Strong
5
CTState
Volume: 72Mix: 6.69%
Place Specialization
Strong
6
ARState
Volume: 48Mix: 4.46%
Place Specialization
Sound
7
MSState
Volume: 39Mix: 3.62%
Place Specialization
Sound
8
MDState
Volume: 36Mix: 3.35%
Place Specialization
Sound
9
CAState
Volume: 49Mix: 4.55%
Place Specialization
Sound
10
NHState
Volume: 16Mix: 1.49%
Place Specialization
Sound
Showing 10 of 15 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.

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