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Washington Trust Bank

Bank|Spokane, WA|Multi-Region
Loans Originated
376
Applications
610
Volume
$197 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Sound
Safe Rate AwardsRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.187%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,301
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
61.6%
Percentage of applications that result in closed loans

Report Card

Washington Trust Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
SoundIndustry Standard
VA
AcceptableNear industry average
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundMulti-Regional · 8 metro areas · 14 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$526,410
Average Borrower Income
$243,016
Average Property Value
$765,824

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Strong
Sound
28976.9%+0.150%$1,211
FHA Loans
Sound
Sound
N/A
Sound
205.3%+0.461%$1,514
VA Loans
Acceptable
Acceptable
N/A
N/A
102.7%-0.454%$3,953
Jumbo Loans
Sound
Strong
Acceptable
Strong
5715.2%+0.466%$1,197

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Sound
30180.1%+0.212%$1,436
Refinance
Strong
Strong
Strong
Strong
7519.9%+0.090%$772

Geographic Coverage

Metro Areas
7
States Served
14
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AKAZCACOFLIDKYMINCNVORTXUTWA

Top Metro Areas by Place Specialization Score

1
Spokane, WAMSA
Volume: 133Mix: 35.37%
Place Specialization
Exceptional
2
Bend, OR, ORMSA
Volume: 23Mix: 6.12%
Place Specialization
Strong
3
Seattle, WAMSA
Volume: 33Mix: 8.78%
Place Specialization
Sound
4
Coeur d'Alene, ID, IDMSA
Volume: 18Mix: 4.79%
Place Specialization
Sound
5
Portland, OR-WAMSA
Volume: 24Mix: 6.38%
Place Specialization
Sound
6
Boise City, ID, IDMSA
Volume: 21Mix: 5.59%
Place Specialization
Sound
7
Kennewick, WAMSA
Volume: 11Mix: 2.93%
Place Specialization
Sound

Top States by Place Specialization Score

1
WAState
Volume: 237Mix: 63.03%
Place Specialization
Strong
2
IDState
Volume: 62Mix: 16.49%
Place Specialization
Strong
3
ORState
Volume: 47Mix: 12.50%
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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