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Gateway First Bank
Bank|Jenks, OK|Near-National
Loans Originated
6,766
Applications
9,472
Volume
$1 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Safe Rate Awards⭐VA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.453%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,832
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.4%
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 and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Report Card
Gateway First Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Sound | Industry Standard | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Near-National · 50 metro areas · 38 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$287,207
Average Borrower Income
$126,729
Average Property Value
$357,048
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Exceptional | Acceptable | Strong | 3,928 | 58.1% | +0.450% | $2,843 |
FHA Loans | Sound | Exceptional | Acceptable | Strong | 1,930 | 28.5% | +0.659% | $3,009 |
VA Loans | Strong | Exceptional | Sound | Strong | 750 | 11.1% | -0.208% | $2,303 |
Jumbo Loans | Acceptable | Sound | Mediocre | Acceptable | 30 | 0.4% | +0.655% | $2,110 |
USDA Loans | Sound | Exceptional | Acceptable | Strong | 128 | 1.9% | +0.590% | $1,958 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Exceptional | Acceptable | Strong | 5,961 | 88.1% | +0.452% | $2,764 |
Refinance | Sound | Strong | Acceptable | Sound | 805 | 11.9% | +0.463% | $3,219 |
Geographic Coverage
Metro Areas
49
States Served
38
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
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Top Metro Areas by Place Specialization Score
1
Enid, OK, OKMSA
Volume: 90Mix: 1.33%
Place Specialization
Exceptional
2
Charleston, WV, WVMSA
Volume: 153Mix: 2.26%
Place Specialization
Exceptional
3
Oklahoma City, OK, OKMSA
Volume: 505Mix: 7.46%
Place Specialization
Exceptional
4
Hilton Head Island, SCMSA
Volume: 164Mix: 2.42%
Place Specialization
Exceptional
5
Sumter, SC, SCMSA
Volume: 78Mix: 1.15%
Place Specialization
Exceptional
6
Wichita, KS, KSMSA
Volume: 245Mix: 3.62%
Place Specialization
Exceptional
7
Houston, TXMSA
Volume: 586Mix: 8.66%
Place Specialization
Strong
8
Myrtle Beach, SCMSA
Volume: 169Mix: 2.50%
Place Specialization
Strong
9
Fort Worth, TXMSA
Volume: 256Mix: 3.78%
Place Specialization
Strong
10
Camden, NJ, NJMSA
Volume: 213Mix: 3.15%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
OKState
Volume: 1,085Mix: 16.04%
Place Specialization
Exceptional
2
TXState
Volume: 2,008Mix: 29.68%
Place Specialization
Exceptional
3
WVState
Volume: 270Mix: 3.99%
Place Specialization
Exceptional
4
KSState
Volume: 331Mix: 4.89%
Place Specialization
Exceptional
5
SCState
Volume: 507Mix: 7.49%
Place Specialization
Exceptional
6
NJState
Volume: 541Mix: 8.00%
Place Specialization
Strong
7
ARState
Volume: 237Mix: 3.50%
Place Specialization
Strong
8
NEState
Volume: 174Mix: 2.57%
Place Specialization
Strong
9
NMState
Volume: 124Mix: 1.83%
Place Specialization
Strong
10
MOState
Volume: 241Mix: 3.56%
Place Specialization
Strong
Showing 10 of 25 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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