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VeraBank, National Association

Bank|Henderson, TX|Regional
Loans Originated
405
Applications
529
Volume
$140 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.426%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$907
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
76.6%
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 Jumbo loans

Report Card

VeraBank, 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
StrongHighly Competitive
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
AcceptableNear industry average
Places
Geographic coverage
StrongRegional · 6 metro areas · 2 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$346,383
Average Borrower Income
$158,620
Average Property Value
$471,914

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Strong
37893.3%+0.450%$917
Jumbo Loans
Strong
Strong
N/A
Strong
215.2%-0.117%$673

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Sound
Strong
36289.4%+0.428%$782
Refinance
Acceptable
Acceptable
Mediocre
Acceptable
4310.6%+0.409%$1,860

Geographic Coverage

Metro Areas
5
States Served
2
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARTX

Top Metro Areas by Place Specialization Score

1
Longview, TX, TXMSA
Volume: 73Mix: 18.02%
Place Specialization
Exceptional
2
Austin, TXMSA
Volume: 140Mix: 34.57%
Place Specialization
Strong
3
College Station, TXMSA
Volume: 39Mix: 9.63%
Place Specialization
Strong
4
Tyler, TX, TXMSA
Volume: 42Mix: 10.37%
Place Specialization
Strong
5
Houston, TXMSA
Volume: 11Mix: 2.72%
Place Specialization
Acceptable

Top States by Place Specialization Score

1
TXState
Volume: 404Mix: 99.75%
Place Specialization
Strong

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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