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SouthState Bank, National Association

Bank|Winter Haven, FL|Multi-Region
Loans Originated
4,543
Applications
6,356
Volume
$1 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.200%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,232
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.5%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA and Jumbo loans

Report Card

SouthState Bank, National Association 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
StrongHighly Competitive
VA
StrongHighly Competitive
Jumbo
ExceptionalMarket Leader
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongMulti-Regional · 45 metro areas · 24 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$380,890
Average Borrower Income
$165,495
Average Property Value
$488,760

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Exceptional
Sound
Strong
3,51577.4%+0.221%$2,294
FHA Loans
Strong
Strong
Strong
Strong
52111.5%+0.336%$2,443
VA Loans
Strong
Strong
Strong
Strong
2224.9%-0.433%$1,383
Jumbo Loans
Sound
Exceptional
Acceptable
Strong
2595.7%+0.128%$1,516
USDA Loans
Acceptable
Sound
N/A
Acceptable
260.6%-0.080%$2,491

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Exceptional
Sound
Strong
4,29094.4%+0.200%$2,237
Refinance
Sound
Strong
Sound
Sound
2535.6%+0.188%$2,159

Geographic Coverage

Metro Areas
44
States Served
24
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALCODEFLGAILINKYMDMNMSNCNENYOHPASCTNTXUTVAVTWAWV

Top Metro Areas by Place Specialization Score

1
Augusta, GA-SCMSA
Volume: 360Mix: 7.92%
Place Specialization
Exceptional
2
Birmingham, AL, ALMSA
Volume: 394Mix: 8.67%
Place Specialization
Exceptional
3
Sebastian, FLMSA
Volume: 83Mix: 1.83%
Place Specialization
Exceptional
4
Greenville, SCMSA
Volume: 235Mix: 5.17%
Place Specialization
Exceptional
5
Charleston, SCMSA
Volume: 241Mix: 5.30%
Place Specialization
Exceptional
6
Atlanta, GAMSA
Volume: 404Mix: 8.89%
Place Specialization
Strong
7
Charlotte, NC-SCMSA
Volume: 283Mix: 6.23%
Place Specialization
Strong
8
Hilton Head Island, SCMSA
Volume: 102Mix: 2.25%
Place Specialization
Strong
9
Huntsville, AL, ALMSA
Volume: 133Mix: 2.93%
Place Specialization
Strong
10
Savannah, GA, GAMSA
Volume: 95Mix: 2.09%
Place Specialization
Strong
Showing 10 of 44 metro areas

Top States by Place Specialization Score

1
SCState
Volume: 1,165Mix: 25.64%
Place Specialization
Exceptional
2
ALState
Volume: 677Mix: 14.90%
Place Specialization
Exceptional
3
GAState
Volume: 1,005Mix: 22.12%
Place Specialization
Exceptional
4
FLState
Volume: 1,255Mix: 27.62%
Place Specialization
Strong
5
NCState
Volume: 297Mix: 6.54%
Place Specialization
Strong
6
VAState
Volume: 96Mix: 2.11%
Place Specialization
Sound
7
TNState
Volume: 16Mix: 0.35%
Place Specialization
Acceptable

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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