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U.S. Bank National Association
Bank|Cincinnati, OH|National
Loans Originated
37,416
Applications
54,384
Volume
$22 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Strong
Overall Pull Through
Strong
Safe Rate Awards💎Jumbo Champion⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐USDA Superstar⭐Purchase Superstar⭐Refinance Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.033%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$283
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
68.8%
Percentage of applications that result in closed loans
Safe Rate's 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
Report Card
U.S. Bank National Association performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Strong | Highly Competitive | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Exceptional | Market Leader | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Exceptional | Market Leader | |
Places Geographic coverage | Strong | National · 50 metro areas · 51 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$591,319
Average Borrower Income
$241,019
Average Property Value
$846,708
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Strong | Strong | 28,129 | 75.2% | +0.091% | $611 |
FHA Loans | Strong | Exceptional | Strong | Sound | 1,624 | 4.3% | +0.515% | $1,447 |
VA Loans | Strong | Exceptional | Strong | Strong | 1,102 | 2.9% | -0.384% | $1,222 |
Jumbo Loans | Exceptional | Exceptional | Exceptional | Strong | 6,468 | 17.3% | -0.327% | -$1,850 |
USDA Loans | Strong | Exceptional | Strong | Sound | 92 | 0.2% | +0.439% | $1,167 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Strong | Strong | 30,583 | 81.7% | +0.035% | $587 |
Refinance | Strong | Exceptional | Strong | Strong | 6,833 | 18.3% | +0.026% | -$994 |
Geographic Coverage
Metro Areas
49
States Served
51
Why 51? We count DC as a state
Avg Place Specialization
Strong
States with Loan Originations
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Bridgeport, CTMSA
Volume: 585Mix: 1.56%
Place Specialization
Exceptional
2
Oakland, CAMSA
Volume: 1,413Mix: 3.78%
Place Specialization
Exceptional
3
San Jose, CAMSA
Volume: 1,158Mix: 3.09%
Place Specialization
Exceptional
4
San Francisco, CAMSA
Volume: 497Mix: 1.33%
Place Specialization
Exceptional
5
Anaheim, CAMSA
Volume: 1,093Mix: 2.92%
Place Specialization
Exceptional
6
Los Angeles, CAMSA
Volume: 1,471Mix: 3.93%
Place Specialization
Exceptional
7
Seattle, WAMSA
Volume: 779Mix: 2.08%
Place Specialization
Exceptional
8
Cincinnati, OHMSA
Volume: 604Mix: 1.61%
Place Specialization
Exceptional
9
St. Louis, MO, MO-ILMSA
Volume: 783Mix: 2.09%
Place Specialization
Exceptional
10
San Diego, CAMSA
Volume: 870Mix: 2.33%
Place Specialization
Exceptional
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
CAState
Volume: 8,858Mix: 23.67%
Place Specialization
Exceptional
2
WAState
Volume: 1,709Mix: 4.57%
Place Specialization
Exceptional
3
ILState
Volume: 2,055Mix: 5.49%
Place Specialization
Exceptional
4
KYState
Volume: 1,087Mix: 2.91%
Place Specialization
Exceptional
5
WIState
Volume: 1,404Mix: 3.75%
Place Specialization
Exceptional
6
MNState
Volume: 1,505Mix: 4.02%
Place Specialization
Exceptional
7
ORState
Volume: 825Mix: 2.20%
Place Specialization
Exceptional
8
CTState
Volume: 817Mix: 2.18%
Place Specialization
Exceptional
9
MOState
Volume: 1,525Mix: 4.08%
Place Specialization
Exceptional
10
NJState
Volume: 959Mix: 2.56%
Place Specialization
Exceptional
Showing 10 of 51 states
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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