R
Regions Bank's 10.8k closed loans and 19k applications, benchmarked against peer lenders across the 4 Ps of Mortgage Shopping.
Pricing
Sound
vs. all lenders
Pull Through
Strong
closing strength
Products
Exceptional
FHA · Conventional · VA · Jumbo · USDA
Place
Strong
Near-National · 49 mkts
Safe Rate Awards⭐FHA Superstar⭐Jumbo Superstar⭐Purchase Superstar
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Safe Rate's Summary
What They Do Well
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
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Report Card
Regions Bank performance at a glance
| Category | Score | vs. Peers |
|---|---|---|
Overall Performance· Pricing & closing strength | ||
Pricing Rate competitiveness | Industry Standard +33.3 bps above market avg | |
Pull Through Closing strength | Highly Competitive Top 40% of lenders | |
By Loan Product· Specialization by type | ||
Conventional | Market Leader Top 20% of lenders | |
FHA | Market Leader Top 20% of lenders | |
VA | Highly Competitive Top 40% of lenders | |
Jumbo | Market Leader Top 10% of lenders | |
USDA | Market Leader Top 20% of lenders | |
By Loan Purpose· Transaction purpose mix | ||
Purchase | Market Leader Top 20% of lenders | |
Refinance | Market Leader Top 20% of lenders | |
By Location· Geographic coverage | ||
Geographic Reach Coverage footprint | Highly Competitive Top 40% of lenders Near-National50 markets | |
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 8,026 | 74.2% | +0.372%Above | $1,821Fees | ||||
FHA Loans | 1,345 | 12.4% | +0.395%Above | $2,561Fees | ||||
VA Loans | 372 | 3.4% | -0.398%Below | $2,669Fees | ||||
Jumbo Loans | 939 | 8.7% | +0.013%Above | $1,905Fees | ||||
USDA Loans | 129 | 1.2% | +0.484%Above | $2,005Fees |
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 8,032 | 74.3% | +0.216%Above | $2,239Fees | ||||
Refinance | 2,779 | 25.7% | +0.643%Above | $1,180Fees |
At a Glance
Lender Overview
Lending Activity
Loans Originated
10,811
Applications
18,791
Volume
$3 billion
Pricing & Closing
Avg Rate Spread
+0.333%
vs. market APOR
Avg Net Fees
$1,948
Origination − Credits
Pullthrough Rate
57.5%
Applications → Closed
Typical Borrower
Avg Loan Amount
$346,965
Avg Borrower Income
$173,958
Avg Property Value
$493,689
Geographic Coverage
Geographic Performance
Metro Areas
49
States Served
32
We count Washington DC as a state
Avg Place Specialization
States with Loan Originations
ALARAZCACODCDEFLGAIAILINKSKYLAMIMNMOMSNCNENMNVOHOKPASCTNTXUTVAWI
Top Metro Areas by Place Specialization Score
1
Birmingham, AL, ALMSA
Volume: 708Mix: 6.55%of portfolio
Place
Exceptional2
Athens, GAMSA
Volume: 120Mix: 1.11%of portfolio
Place
Exceptional3
Mobile, AL, ALMSA
Volume: 121Mix: 1.12%of portfolio
Place
Exceptional4
St. Louis, MO, MO-ILMSA
Volume: 443Mix: 4.10%of portfolio
Place
Exceptional5
Huntsville, AL, ALMSA
Volume: 194Mix: 1.79%of portfolio
Place
Exceptional6
Nashville, TNMSA
Volume: 392Mix: 3.63%of portfolio
Place
Exceptional7
Gadsden, AL, ALMSA
Volume: 47Mix: 0.43%of portfolio
Place
Strong8
Tampa, FL, FLMSA
Volume: 413Mix: 3.82%of portfolio
Place
Strong9
Little Rock, ARMSA
Volume: 168Mix: 1.55%of portfolio
Place
Strong10
Montgomery, AL, ALMSA
Volume: 121Mix: 1.12%of portfolio
Place
StrongShowing 10 of 49 metro areas
Top States by Place Specialization Score
1
ALState
Volume: 1,890Mix: 17.48%of portfolio
Place
Exceptional2
TNState
Volume: 1,429Mix: 13.22%of portfolio
Place
Exceptional3
MSState
Volume: 667Mix: 6.17%of portfolio
Place
Exceptional4
FLState
Volume: 2,282Mix: 21.11%of portfolio
Place
Exceptional5
GAState
Volume: 1,121Mix: 10.37%of portfolio
Place
Exceptional6
ARState
Volume: 529Mix: 4.89%of portfolio
Place
Strong7
LAState
Volume: 415Mix: 3.84%of portfolio
Place
Strong8
SCState
Volume: 341Mix: 3.15%of portfolio
Place
Strong9
MOState
Volume: 406Mix: 3.76%of portfolio
Place
Strong10
INState
Volume: 376Mix: 3.48%of portfolio
Place
StrongShowing 10 of 18 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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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.