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Ridgewood Savings Bank

Bank|Ridgewood, NY|Regional
Loans Originated
232
Applications
378
Volume
$195 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Sound
Overall Pull Through
Sound
Safe Rate AwardsJumbo Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.210%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,396
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
61.4%
Percentage of applications that result in closed loans

Report Card

Ridgewood Savings Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
StrongRegional · 3 metro areas · 2 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$843,966
Average Borrower Income
$350,349
Average Property Value
$1,169,914

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Strong
Acceptable
16772.0%-0.232%$1,177
Jumbo Loans
Strong
Strong
Strong
Sound
6528.0%-0.149%$2,005

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Acceptable
20287.1%-0.211%$1,134
Refinance
Sound
Acceptable
Strong
Acceptable
3012.9%-0.203%$3,014

Geographic Coverage

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

States with Loan Originations

CTNY

Top Metro Areas by Place Specialization Score

1
New York, NY-NJMSA
Volume: 123Mix: 53.02%
Place Specialization
Strong
2
Nassau County, NYMSA
Volume: 76Mix: 32.76%
Place Specialization
Strong
3
Bridgeport, CTMSA
Volume: 33Mix: 14.22%
Place Specialization
Strong

Top States by Place Specialization Score

1
NYState
Volume: 199Mix: 85.78%
Place Specialization
Strong
2
CTState
Volume: 33Mix: 14.22%
Place Specialization
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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