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Grand Bank for Savings, FSB

BankHattiesburg, MSDirect to Consumer

Grand Bank for Savings FSB has 109 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Acceptable
vs. all lenders
Pull Through
Acceptable
closing strength
Products
Sound
FHA · Conventional
Place
Sound
Multi-Region · 3 mkts

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Safe Rate's Summary

Things to Think About

  • Rates typically 107 basis points above market average
  • Pull through efficiency is below industry average

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Report Card

Grand Bank for Savings, FSB performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
Near industry average
+106.5 bps above market avg
Pull Through
Closing strength
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Near industry average
Bottom 40% of lenders
FHA
Sound
Industry Standard
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Multi-Regional3 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Acceptable
Acceptable
9082.6%
+1.387%Above
$1,781Fees
FHA Loans
Sound
Sound
Strong
1614.7%
+0.667%Above
$1,851Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Acceptable
Sound
10091.7%
+1.074%Above
$1,791Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
109
Applications
159
Volume
$23 million
Pricing & Closing
Avg Rate Spread
+1.065%
vs. market APOR
Avg Net Fees
$1,701
Origination − Credits
Pullthrough Rate
68.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$216,009
Avg Borrower Income
$93,284
Avg Property Value
$274,725

Geographic Coverage

Geographic Performance

Metro Areas
3
States Served
18
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Hattiesburg, MS, MSMSA
Volume: 23Mix: 21.10%of portfolio
Place
Strong
2
Indianapolis, INMSA
Volume: 14Mix: 12.84%of portfolio
Place
Sound
3
Las Vegas, NVMSA
Volume: 11Mix: 10.09%of portfolio
Place
Sound

Top States by Place Specialization Score

1
MSState
Volume: 28Mix: 25.69%of portfolio
Place
Sound
2
NVState
Volume: 12Mix: 11.01%of portfolio
Place
Sound
3
INState
Volume: 14Mix: 12.84%of portfolio
Place
Sound
4
TXState
Volume: 13Mix: 11.93%of portfolio
Place
Sound

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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.