Looking for a different lender?

G

Grand Bank for Savings, FSB

Bank|Hattiesburg, MS|Multi-Region
Loans Originated
109
Applications
159
Volume
$23 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Average Rate Spread
+1.065%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,701
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
68.6%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

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

Report Card

Grand Bank for Savings, FSB performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
FHA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 3 metro areas · 18 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$216,009
Average Borrower Income
$93,284
Average Property Value
$274,725

Performance by Loan Product

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

Performance by Loan Purpose

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

Geographic Coverage

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

States with Loan Originations

AZILINKYLAMNMSNCNENVOHOKSCSDTNTXUTVA

Top Metro Areas by Place Specialization Score

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

Top States by Place Specialization Score

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

Ready to Get Started?

Compare Grand Bank for Savings, FSB with other lenders or get personalized recommendations.

Compare Lenders