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Extraco Banks, National Association

Bank|Temple, TX|Multi-Region
Loans Originated
313
Applications
421
Volume
$127 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarJumbo Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.062%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,180
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
74.3%
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 VA and Jumbo loans

Report Card

Extraco Banks, 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
SoundIndustry Standard
VA
StrongHighly Competitive
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 7 metro areas · 6 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$407,173
Average Borrower Income
$214,297
Average Property Value
$503,658

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
22270.9%+0.106%$1,038
FHA Loans
Strong
Sound
Strong
Strong
247.7%+0.246%$2,189
VA Loans
Strong
Strong
Sound
Strong
4113.1%-0.324%$1,822
Jumbo Loans
Strong
Strong
Sound
Strong
268.3%-0.003%$662

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Strong
28290.1%+0.039%$1,205
Refinance
Sound
Sound
Acceptable
Sound
319.9%+0.253%$981

Geographic Coverage

Metro Areas
6
States Served
6
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARIAILNVSCTX

Top Metro Areas by Place Specialization Score

1
College Station, TXMSA
Volume: 60Mix: 19.17%
Place Specialization
Exceptional
2
Killeen, TXMSA
Volume: 120Mix: 38.34%
Place Specialization
Exceptional
3
Corpus Christi, TX, TXMSA
Volume: 37Mix: 11.82%
Place Specialization
Strong
4
Waco, TX, TXMSA
Volume: 27Mix: 8.63%
Place Specialization
Strong
5
Austin, TXMSA
Volume: 17Mix: 5.43%
Place Specialization
Sound
6
Houston, TXMSA
Volume: 10Mix: 3.19%
Place Specialization
Acceptable

Top States by Place Specialization Score

1
TXState
Volume: 308Mix: 98.40%
Place Specialization
Strong

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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