We analyzed every closed loan from TD Bank — 5.7k loans across 9k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Sound
3/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo
Place
Strong
4/5
Multi-Region · 49 mkts
Awards
Conventional
Superstar
FHA
Superstar
Jumbo
Superstar
Purchase
Superstar
Summary
What They Do Well
- Particularly strong in Conventional and FHA and Jumbo loans
Explore another lender or local market
Report Card
TD Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+15.8 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Strong
Top 40% of lenders
VA
Sound
Top 60% of lenders
Jumbo
Exceptional
Top 10% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Exceptional
Top 20% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 50 markets
Strong
Top 40% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 4,052 | 71.7% | +0.179%Above | $758Fees | ||||
FHA Loans | 87 | 1.5% | +0.685%Above | $221Fees | ||||
VA Loans | — | 17 | 0.3% | +0.011%Above | $95Fees | |||
Jumbo Loans | 1,499 | 26.5% | +0.043%Above | $920Fees |
Conventional
OverallStrong
ProductStrong
PricingSound
Pull ThroughSound
Volume4,052
Mix71.7%
Spread
+0.179%Above
Fees
$758Fees
FHA Loans
OverallSound
ProductStrong
PricingStrong
Pull ThroughSound
Volume87
Mix1.5%
Spread
+0.685%Above
Fees
$221Fees
VA Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughAcceptable
Volume17
Mix0.3%
Spread
+0.011%Above
Fees
$95Fees
Jumbo Loans
OverallStrong
ProductExceptional
PricingSound
Pull ThroughStrong
Volume1,499
Mix26.5%
Spread
+0.043%Above
Fees
$920Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 4,904 | 86.7% | +0.114%Above | $837Fees | ||||
Refinance | 751 | 13.3% | +0.431%Above | $434Fees |
Purchase
OverallStrong
ProductExceptional
PricingSound
Pull ThroughSound
Volume4,904
Mix86.7%
Spread
+0.114%Above
Fees
$837Fees
Refinance
OverallSound
ProductStrong
PricingAcceptable
Pull ThroughSound
Volume751
Mix13.3%
Spread
+0.431%Above
Fees
$434Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
5,655
Applications
8,799
Volume
$3 billion
Pricing & Closing
Avg Rate Spread
+0.158%
vs. market APOR
Avg Net Fees
$781
Origination − Credits
Pullthrough Rate
64.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$694,680
Avg Borrower Income
$313,839
Avg Property Value
$991,198
Geographic Coverage
Geographic Performance
Metro Areas
49
markets with activity
States Served
16
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
16Northeast9
CTMEMANHNJNYPARIVT
South7
DCDEFLMDNCSCVA
Top Metro Areas by Place Specialization Score
Volume 988Mix 17.47% of portfolio
89/100
Exceptional
Volume 140Mix 2.48% of portfolio
82/100
Exceptional
Volume 303Mix 5.36% of portfolio
81/100
Exceptional
Volume 358Mix 6.33% of portfolio
80/100
Exceptional
Volume 222Mix 3.93% of portfolio
80/100
Strong
Volume 192Mix 3.40% of portfolio
77/100
Strong
Volume 184Mix 3.25% of portfolio
77/100
Strong
Volume 158Mix 2.79% of portfolio
73/100
Strong
Volume 173Mix 3.06% of portfolio
71/100
Strong
Volume 51Mix 0.90% of portfolio
70/100
StrongShowing 10 of 49 metro areas
Top States by Place Specialization Score
1
New JerseyState
Volume 1,057Mix 18.69% of portfolio
89/100
Exceptional2
New YorkState
Volume 1,292Mix 22.85% of portfolio
86/100
Exceptional3
South CarolinaState
Volume 379Mix 6.70% of portfolio
77/100
Strong4
PennsylvaniaState
Volume 504Mix 8.91% of portfolio
76/100
Strong5
MassachusettsState
Volume 430Mix 7.60% of portfolio
76/100
Strong6
FloridaState
Volume 707Mix 12.50% of portfolio
73/100
Strong7
MaineState
Volume 138Mix 2.44% of portfolio
69/100
Strong8
North CarolinaState
Volume 359Mix 6.35% of portfolio
69/100
Strong9
ConnecticutState
Volume 167Mix 2.95% of portfolio
68/100
Strong10
VirginiaState
Volume 188Mix 3.32% of portfolio
66/100
StrongShowing 10 of 16 states
How We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
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.