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Genesee Regional Bank
Bank|Rochester, NY|Regional
Loans Originated
1,493
Applications
1,782
Volume
$349 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Exceptional
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.505%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,920
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
83.8%
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
Things to Think About
- Rates typically 51 basis points above market average
Report Card
Genesee Regional Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Strong | Regional · 5 metro areas · 2 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$234,324
Average Borrower Income
$126,606
Average Property Value
$289,052
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Acceptable | Exceptional | 1,281 | 85.8% | +0.486% | $1,917 |
FHA Loans | Strong | Strong | Sound | Exceptional | 150 | 10.0% | +0.783% | $1,752 |
VA Loans | Sound | Strong | Acceptable | Exceptional | 47 | 3.1% | +0.156% | $2,094 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Acceptable | Exceptional | 1,446 | 96.9% | +0.504% | $1,896 |
Refinance | Sound | Sound | Acceptable | Sound | 47 | 3.1% | +0.539% | $2,679 |
Geographic Coverage
Metro Areas
4
States Served
2
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
FLNY
Top Metro Areas by Place Specialization Score
1
Rochester, NY, NYMSA
Volume: 1,118Mix: 74.88%
Place Specialization
Exceptional
2
Syracuse, NY, NYMSA
Volume: 171Mix: 11.45%
Place Specialization
Strong
3
Watertown, NYMSA
Volume: 37Mix: 2.48%
Place Specialization
Strong
4
Utica, NYMSA
Volume: 19Mix: 1.27%
Place Specialization
Sound
Top States by Place Specialization Score
1
NYState
Volume: 1,480Mix: 99.13%
Place Specialization
Exceptional
2
FLState
Volume: 13Mix: 0.87%
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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