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Regions Bank

Bank|Birmingham, AL|Near-National
Loans Originated
10,811
Applications
18,791
Volume
$3 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsFHA SuperstarJumbo SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.333%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,948
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
57.5%
Percentage of applications that result in closed loans

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

Report Card

Regions Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
ExceptionalMarket Leader
FHA
ExceptionalMarket Leader
VA
StrongHighly Competitive
Jumbo
ExceptionalMarket Leader
USDA
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Refinance
ExceptionalMarket Leader
Places
Geographic coverage
StrongNear-National · 50 metro areas · 32 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$346,965
Average Borrower Income
$173,958
Average Property Value
$493,689

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Exceptional
Acceptable
Strong
8,02674.2%+0.372%$1,821
FHA Loans
Strong
Exceptional
Sound
Sound
1,34512.4%+0.395%$2,561
VA Loans
Sound
Strong
Sound
Sound
3723.4%-0.398%$2,669
Jumbo Loans
Strong
Exceptional
Sound
Strong
9398.7%+0.013%$1,905
USDA Loans
Sound
Exceptional
Acceptable
Sound
1291.2%+0.484%$2,005

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Exceptional
Sound
Sound
8,03274.3%+0.216%$2,239
Refinance
Sound
Exceptional
Acceptable
Sound
2,77925.7%+0.643%$1,180

Geographic Coverage

Metro Areas
49
States Served
32
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALARAZCACODCDEFLGAIAILINKSKYLAMIMNMOMSNCNENMNVOHOKPASCTNTXUTVAWI

Top Metro Areas by Place Specialization Score

1
Birmingham, AL, ALMSA
Volume: 708Mix: 6.55%
Place Specialization
Exceptional
2
Athens, GAMSA
Volume: 120Mix: 1.11%
Place Specialization
Exceptional
3
Mobile, AL, ALMSA
Volume: 121Mix: 1.12%
Place Specialization
Exceptional
4
St. Louis, MO, MO-ILMSA
Volume: 443Mix: 4.10%
Place Specialization
Exceptional
5
Huntsville, AL, ALMSA
Volume: 194Mix: 1.79%
Place Specialization
Exceptional
6
Nashville, TNMSA
Volume: 392Mix: 3.63%
Place Specialization
Exceptional
7
Gadsden, AL, ALMSA
Volume: 47Mix: 0.43%
Place Specialization
Strong
8
Tampa, FL, FLMSA
Volume: 413Mix: 3.82%
Place Specialization
Strong
9
Little Rock, ARMSA
Volume: 168Mix: 1.55%
Place Specialization
Strong
10
Montgomery, AL, ALMSA
Volume: 121Mix: 1.12%
Place Specialization
Strong
Showing 10 of 49 metro areas

Top States by Place Specialization Score

1
ALState
Volume: 1,890Mix: 17.48%
Place Specialization
Exceptional
2
TNState
Volume: 1,429Mix: 13.22%
Place Specialization
Exceptional
3
MSState
Volume: 667Mix: 6.17%
Place Specialization
Exceptional
4
FLState
Volume: 2,282Mix: 21.11%
Place Specialization
Exceptional
5
GAState
Volume: 1,121Mix: 10.37%
Place Specialization
Exceptional
6
ARState
Volume: 529Mix: 4.89%
Place Specialization
Strong
7
LAState
Volume: 415Mix: 3.84%
Place Specialization
Strong
8
SCState
Volume: 341Mix: 3.15%
Place Specialization
Strong
9
MOState
Volume: 406Mix: 3.76%
Place Specialization
Strong
10
INState
Volume: 376Mix: 3.48%
Place Specialization
Strong
Showing 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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