What loan types does Truist Bank offer?

Truist Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, usda. Each product has its own pricing score and performance metrics.

Where does Truist Bank offer mortgages?

Truist Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are Truist Bank's mortgage rates?

Truist Bank has an overall pricing score of 70.4/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Truist Bank?

Truist Bank is a Bank headquartered in Charlotte, NC.

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Truist Bank

Bank•Charlotte, NCHQ•Direct•Reviews near you on Google

Truist Bank's 13.9k closed loans and 21k applications, benchmarked against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Strong

4/5

National · 49 mkts

Awards

Jumbo

Champion

Conventional

Superstar

FHA

Superstar

USDA

Superstar

Purchase

Superstar

Refinance

Superstar

Summary

What They Do Well

Competitive pricing compared to the market
Lower than average lender fees
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

Explore another lender or local market

Report Card

Truist Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

+7.8 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Strong

Top 40% of lenders

Strong

Top 40% of lenders

Jumbo

Exceptional

Top 10% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Exceptional

Top 20% of lenders

By Location· Geographic coverage

Geographic Reach

National · 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	Strong	Exceptional	Strong	Strong	11,144	80.3%	+0.097%Above	$762Fees
FHA Loans	Strong	Strong	Strong	Sound	771	5.6%	+0.268%Above	$1,984Fees
VA Loans	Strong	Strong	Strong	Sound	498	3.6%	-0.430%Below	$1,648Fees
Jumbo Loans	Exceptional	Exceptional	Strong	Strong	1,398	10.1%	-0.035%Below	$163Fees
USDA Loans	Strong	Exceptional	Exceptional	Sound	63	0.5%	-0.155%Below	$1,372Fees

Conventional

Overall

Strong

Product

Exceptional

Pricing

Strong

Pull Through

Strong

Volume11,144

Mix80.3%

Spread

+0.097%Above

Fees

$762Fees

FHA Loans

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Sound

Volume771

Mix5.6%

Spread

+0.268%Above

Fees

$1,984Fees

VA Loans

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Sound

Volume498

Mix3.6%

Spread

-0.430%Below

Fees

$1,648Fees

Jumbo Loans

Overall

Exceptional

Product

Exceptional

Pricing

Strong

Pull Through

Strong

Volume1,398

Mix10.1%

Spread

-0.035%Below

Fees

$163Fees

USDA Loans

Overall

Strong

Product

Exceptional

Pricing

Exceptional

Pull Through

Sound

Volume63

Mix0.5%

Spread

-0.155%Below

Fees

$1,372Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Exceptional	Strong	Strong	10,988	79.2%	+0.022%Above	$571Fees
Refinance	Strong	Exceptional	Sound	Strong	2,886	20.8%	+0.280%Above	$1,633Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Strong

Pull Through

Strong

Volume10,988

Mix79.2%

Spread

+0.022%Above

Fees

$571Fees

Refinance

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume2,886

Mix20.8%

Spread

+0.280%Above

Fees

$1,633Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

13,874

Applications

21,189

Volume

$6 billion

Pricing & Closing

Avg Rate Spread

+0.078%

vs. market APOR

Avg Net Fees

$802

Origination − Credits

Pullthrough Rate

65.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$435,305

Avg Borrower Income

$200,014

Avg Property Value

$612,065

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast9

CTMEMANHNJNYPARIVT

Midwest12

IAILINKSMIMNMONDNEOHSDWI

South17

ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV

West11

AZCACOIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Preservation Maryland · CC BY-SA 2.0

Frederick, MDMetro

Volume 441Mix 3.18% of portfolio

93/100

Exceptional

2© Spatms · CC BY-SA 4.0

Greenville, NCMetro

Volume 138Mix 0.99% of portfolio

91/100

Exceptional

3© Billy Hathorn · CC BY-SA 3.0

Arlington, VA-WVMetro

Volume 874Mix 6.30% of portfolio

88/100

Exceptional

Richmond, VAMetro

Volume 492Mix 3.55% of portfolio

88/100

Exceptional

Raleigh, NCMetro

Volume 539Mix 3.88% of portfolio

86/100

Exceptional

Atlanta, GAMetro

Volume 898Mix 6.47% of portfolio

85/100

Exceptional

Charlotte, NC-SCMetro

Volume 639Mix 4.61% of portfolio

85/100

Exceptional

Baltimore, MDMetro

Volume 494Mix 3.56% of portfolio

81/100

Exceptional

Marietta, GAMetro

Volume 289Mix 2.08% of portfolio

81/100

Exceptional

Washington, DC, DC-MDMetro

Volume 264Mix 1.90% of portfolio

81/100

Exceptional

Showing 10 of 49 metro areas

Top States by Place Specialization Score

VirginiaState

Volume 1,973Mix 14.22% of portfolio

92/100

Exceptional

North CarolinaState

Volume 2,669Mix 19.24% of portfolio

87/100

Exceptional

MarylandState

Volume 1,241Mix 8.94% of portfolio

86/100

Exceptional

GeorgiaState

Volume 1,612Mix 11.62% of portfolio

85/100

Exceptional

West VirginiaState

Volume 366Mix 2.64% of portfolio

84/100

Exceptional

South CarolinaState

Volume 628Mix 4.53% of portfolio

81/100

Exceptional

FloridaState

Volume 1,767Mix 12.74% of portfolio

80/100

Strong

KentuckyState

Volume 397Mix 2.86% of portfolio

77/100

Strong

TennesseeState

Volume 510Mix 3.68% of portfolio

75/100

Strong

PennsylvaniaState

Volume 533Mix 3.84% of portfolio

74/100

Strong

Showing 10 of 36 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.