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First Security Bank

Bank|Searcy, AR|Single State
Loans Originated
493
Applications
668
Volume
$123 million
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarPurchase SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.166%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,802
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
73.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 16.60 basis points below market average
  • Lower than average lender fees
  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA and USDA loans

Report Card

First Security Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
ExceptionalMarket Leader
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
StrongSingle State · 5 metro areas · 1 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$250,882
Average Borrower Income
$120,884
Average Property Value
$354,817

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Strong
38377.7%-0.156%$1,970
FHA Loans
Strong
Strong
Exceptional
Sound
6012.2%-0.078%$1,346
VA Loans
Sound
Strong
N/A
Sound
204.1%-0.623%$220
USDA Loans
Strong
Strong
N/A
Strong
295.9%-0.283%$1,299

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Exceptional
Strong
42185.4%-0.165%$1,733
Refinance
Strong
Sound
Exceptional
Sound
7214.6%-0.169%$2,160

Geographic Coverage

Metro Areas
4
States Served
1
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AR

Top Metro Areas by Place Specialization Score

1
Little Rock, ARMSA
Volume: 170Mix: 34.48%
Place Specialization
Exceptional
2
Hot Springs, AR, ARMSA
Volume: 29Mix: 5.88%
Place Specialization
Strong
3
Fayetteville, ARMSA
Volume: 65Mix: 13.18%
Place Specialization
Strong
4
Jonesboro, AR, ARMSA
Volume: 21Mix: 4.26%
Place Specialization
Strong

Top States by Place Specialization Score

1
ARState
Volume: 493Mix: 100.00%
Place Specialization
Exceptional

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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