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The First Bank
Bank|Hattiesburg, MS|Multi-Region
Loans Originated
409
Applications
604
Volume
$132 million
Offers loans directly to consumers
Overall Pull Through
Sound
Pricing and Pullthrough Overview
Pullthrough Rate
67.7%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Particularly strong in FHA and VA and Jumbo and USDA loans
Report Card
The First Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | N/A | No data available | |
Pull Through Closing Strength | Sound | Industry Standard | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Sound | Industry Standard | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
USDA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Sound | Multi-Regional · 11 metro areas · 6 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$324,120
Average Borrower Income
$242,606
Average Property Value
$432,164
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Sound | N/A | Strong | 190 | 46.5% | — | — |
FHA Loans | Strong | Strong | N/A | Strong | 131 | 32.0% | — | — |
VA Loans | Strong | Strong | N/A | Strong | 38 | 9.3% | — | — |
Jumbo Loans | Sound | Strong | N/A | Sound | 25 | 6.1% | — | — |
USDA Loans | Strong | Strong | N/A | Strong | 25 | 6.1% | — | — |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Strong | N/A | Strong | 357 | 87.3% | — | — |
Refinance | Sound | Sound | N/A | Sound | 52 | 12.7% | — | — |
Geographic Coverage
Metro Areas
10
States Served
6
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALFLGALAMSNC
Top Metro Areas by Place Specialization Score
1
Hattiesburg, MS, MSMSA
Volume: 51Mix: 12.47%
Place Specialization
Strong
2
Gulfport, MSMSA
Volume: 60Mix: 14.67%
Place Specialization
Strong
3
Jackson, MS, MSMSA
Volume: 49Mix: 11.98%
Place Specialization
Strong
4
Mobile, AL, ALMSA
Volume: 29Mix: 7.09%
Place Specialization
Strong
5
Tallahassee, FL, FLMSA
Volume: 31Mix: 7.58%
Place Specialization
Strong
6
Pensacola, FLMSA
Volume: 36Mix: 8.80%
Place Specialization
Strong
7
Crestview, FLMSA
Volume: 26Mix: 6.36%
Place Specialization
Sound
8
Daphne, ALMSA
Volume: 16Mix: 3.91%
Place Specialization
Sound
9
Hammond, LA, LAMSA
Volume: 12Mix: 2.93%
Place Specialization
Sound
10
Baton Rouge, LA, LAMSA
Volume: 13Mix: 3.18%
Place Specialization
Sound
Top States by Place Specialization Score
1
MSState
Volume: 192Mix: 46.94%
Place Specialization
Strong
2
ALState
Volume: 56Mix: 13.69%
Place Specialization
Strong
3
FLState
Volume: 105Mix: 25.67%
Place Specialization
Strong
4
LAState
Volume: 41Mix: 10.02%
Place Specialization
Sound
5
GAState
Volume: 14Mix: 3.42%
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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