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Leader Bank, National Association
Bank|Arlington, MA|National
Loans Originated
4,072
Applications
4,903
Volume
$2 billion
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Strong
Safe Rate Awards💎Conventional Champion💎Purchase Champion💎Refinance Champion⭐FHA Superstar⭐VA Superstar⭐Jumbo Superstar
Pricing and Pullthrough Overview
Average Rate Spread
-0.090%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$917
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
83.1%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Offers rates 9.00 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
- Nationwide availability with consistent service
Report Card
Leader Bank, National Association performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Exceptional | Market Leader | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | National · 15 metro areas · 42 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$564,074
Average Borrower Income
$221,673
Average Property Value
$819,607
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Exceptional | Exceptional | Exceptional | Strong | 3,538 | 86.9% | -0.075% | $944 |
FHA Loans | Strong | Strong | Exceptional | Strong | 68 | 1.7% | +0.134% | $589 |
VA Loans | Strong | Strong | Strong | Exceptional | 70 | 1.7% | -0.503% | $1,214 |
Jumbo Loans | Strong | Exceptional | Strong | Strong | 396 | 9.7% | -0.200% | $688 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Exceptional | Exceptional | Exceptional | Strong | 3,626 | 89.0% | -0.097% | $1,136 |
Refinance | Exceptional | Strong | Exceptional | Exceptional | 446 | 11.0% | -0.038% | -$824 |
Geographic Coverage
Metro Areas
14
States Served
42
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALARAZCACOCTDEFLGAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWA
Top Metro Areas by Place Specialization Score
1
Cambridge, MAMSA
Volume: 1,491Mix: 36.62%
Place Specialization
Exceptional
2
Boston, MA, MAMSA
Volume: 1,166Mix: 28.63%
Place Specialization
Exceptional
3
Worcester, MA, MAMSA
Volume: 340Mix: 8.35%
Place Specialization
Exceptional
4
Providence, RI-MAMSA
Volume: 213Mix: 5.23%
Place Specialization
Strong
5
Barnstable Town, MA, MAMSA
Volume: 168Mix: 4.13%
Place Specialization
Strong
6
Manchester, NHMSA
Volume: 61Mix: 1.50%
Place Specialization
Strong
7
Hartford, CTMSA
Volume: 90Mix: 2.21%
Place Specialization
Strong
8
Rockingham County, NHMSA
Volume: 56Mix: 1.38%
Place Specialization
Strong
9
Portland, MEMSA
Volume: 21Mix: 0.52%
Place Specialization
Sound
10
Springfield, MA, MAMSA
Volume: 16Mix: 0.39%
Place Specialization
Sound
Showing 10 of 14 metro areas
Top States by Place Specialization Score
1
MAState
Volume: 3,331Mix: 81.80%
Place Specialization
Exceptional
2
NHState
Volume: 145Mix: 3.56%
Place Specialization
Strong
3
RIState
Volume: 90Mix: 2.21%
Place Specialization
Strong
4
CTState
Volume: 120Mix: 2.95%
Place Specialization
Strong
5
MEState
Volume: 35Mix: 0.86%
Place Specialization
Sound
6
FLState
Volume: 62Mix: 1.52%
Place Specialization
Sound
7
NCState
Volume: 34Mix: 0.83%
Place Specialization
Sound
8
NYState
Volume: 24Mix: 0.59%
Place Specialization
Sound
9
TXState
Volume: 35Mix: 0.86%
Place Specialization
Sound
10
NJState
Volume: 16Mix: 0.39%
Place Specialization
Sound
Showing 10 of 16 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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