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Oriental Bank

BankSan Juan, PRDirect to Consumer

We analyzed every closed loan from Oriental Bank 764 loans across 2k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Strong
vs. all lenders
Pull Through
Strong
closing strength
Products
Exceptional
FHA · Conventional · VA · USDA
Place
Strong
unknown · 6 mkts
Safe Rate AwardsConventional SuperstarFHA SuperstarPurchase SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Offers rates 9.40 basis points below market average
  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA and USDA loans

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Report Card

Oriental Bank performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Highly Competitive
Rates 9.4 bps below market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Highly Competitive
Top 40% of lenders
FHA
Exceptional
Market Leader
Top 20% of lenders
VA
Strong
Highly Competitive
Top 40% of lenders
USDA
Exceptional
Market Leader
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Varies7 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
26634.8%
+0.227%Above
$2,705Fees
FHA Loans
Strong
Exceptional
Strong
Strong
38550.4%
-0.291%Below
$2,988Fees
VA Loans
Strong
Strong
Strong
466.0%
-0.885%Below
$3,476Fees
USDA Loans
Strong
Exceptional
Strong
587.6%
-0.604%Below
$2,333Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Strong
65485.6%
-0.057%Below
$2,801Fees
Refinance
Strong
Strong
Strong
Sound
11014.4%
-0.217%Below
$3,044Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
764
Applications
1,591
Volume
$139 million
Pricing & Closing
Avg Rate Spread
-0.094%
vs. market APOR
Avg Net Fees
$2,856
Origination − Credits
Pullthrough Rate
48.0%
Applications → Closed
Typical Borrower
Avg Loan Amount
$183,154
Avg Borrower Income
$99,090
Avg Property Value
$238,691

Geographic Coverage

Geographic Performance

Metro Areas
6
States Served
0
We count Washington DC as a state
Avg Place Specialization
Strong

Top Metro Areas by Place Specialization Score

1
Guayama, PR, PRMSA
Volume: 27Mix: 3.53%of portfolio
Place
Exceptional
2
San Juan, PRMSA
Volume: 559Mix: 73.17%of portfolio
Place
Exceptional
3
Ponce, PR, PRMSA
Volume: 51Mix: 6.68%of portfolio
Place
Strong
4
Mayaguez, PR, PRMSA
Volume: 50Mix: 6.54%of portfolio
Place
Strong
5
Aguadilla, PR, PRMSA
Volume: 30Mix: 3.93%of portfolio
Place
Strong
6
Arecibo, PR, PRMSA
Volume: 20Mix: 2.62%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.