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GSB MORTGAGE, INC.

Independent Mortgage Company|GRAPEVINE, TX|Regional
Loans Originated
109
Applications
133
Volume
$42 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
-0.383%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,096
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
82.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 38.30 basis points below market average
  • Lower than average lender fees

Report Card

GSB MORTGAGE, INC. performance at a glance

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

Typical Borrower Profile

Average Loan Amount
$390,138
Average Borrower Income
$203,817
Average Property Value
$509,220

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Exceptional
Sound
10293.6%-0.445%$965

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Acceptable
Exceptional
Sound
8779.8%-0.550%$756
Refinance
Sound
Acceptable
Acceptable
Strong
2220.2%+0.218%$2,318

Geographic Coverage

Metro Areas
2
States Served
3
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

COLATX

Top Metro Areas by Place Specialization Score

1
Dallas, TXMSA
Volume: 60Mix: 55.05%
Place Specialization
Strong
2
Fort Worth, TXMSA
Volume: 28Mix: 25.69%
Place Specialization
Sound

Top States by Place Specialization Score

1
TXState
Volume: 107Mix: 98.17%
Place Specialization
Strong

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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