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Webster Bank, National Association

BankStamford, CTDirect to Consumer

We analyzed every closed loan from Webster Bank National Association 1.2k loans across 2k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Sound
vs. all lenders
Pull Through
Sound
closing strength
Products
Exceptional
Conventional · Jumbo
Place
Strong
Multi-Region · 14 mkts
Safe Rate AwardsJumbo Superstar

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Report Card

Webster Bank, National Association performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
Industry Standard
Rates 0.3 bps below market avg
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
Jumbo
Exceptional
Market Leader
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Multi-Regional15 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Acceptable
52545.4%
-0.006%Below
$1,210Fees
Jumbo Loans
Strong
Exceptional
Sound
Strong
62754.2%
-0.001%Below
$1,266Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Sound
Sound
99586.1%
-0.054%Below
$1,554Fees
Refinance
Sound
Strong
Acceptable
Sound
16113.9%
+0.326%Above
$744Credit

At a Glance

Lender Overview

Lending Activity
Loans Originated
1,156
Applications
1,769
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
-0.003%
vs. market APOR
Avg Net Fees
$1,245
Origination − Credits
Pullthrough Rate
65.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$933,685
Avg Borrower Income
$403,226
Avg Property Value
$1,303,002

Geographic Coverage

Geographic Performance

Metro Areas
14
States Served
13
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

CTFLMAMENCNHNJNYPARISCUTVT

Top Metro Areas by Place Specialization Score

1
Boston, MA, MAMSA
Volume: 195Mix: 16.87%of portfolio
Place
Strong
2
Cambridge, MAMSA
Volume: 186Mix: 16.09%of portfolio
Place
Strong
3
New York, NY-NJMSA
Volume: 227Mix: 19.64%of portfolio
Place
Strong
4
Bridgeport, CTMSA
Volume: 76Mix: 6.57%of portfolio
Place
Strong
5
Newark, NJ, NJMSA
Volume: 80Mix: 6.92%of portfolio
Place
Strong
6
Hartford, CTMSA
Volume: 68Mix: 5.88%of portfolio
Place
Strong
7
Providence, RI-MAMSA
Volume: 53Mix: 4.58%of portfolio
Place
Strong
8
Nassau County, NYMSA
Volume: 49Mix: 4.24%of portfolio
Place
Sound
9
Lakewood, NJMSA
Volume: 39Mix: 3.37%of portfolio
Place
Sound
10
Waterbury, CTMSA
Volume: 25Mix: 2.16%of portfolio
Place
Sound
Showing 10 of 14 metro areas

Top States by Place Specialization Score

1
MAState
Volume: 437Mix: 37.80%of portfolio
Place
Exceptional
2
CTState
Volume: 204Mix: 17.65%of portfolio
Place
Strong
3
NJState
Volume: 221Mix: 19.12%of portfolio
Place
Strong
4
NYState
Volume: 197Mix: 17.04%of portfolio
Place
Strong
5
RIState
Volume: 26Mix: 2.25%of portfolio
Place
Sound
6
PAState
Volume: 40Mix: 3.46%of portfolio
Place
Sound
7
MEState
Volume: 11Mix: 0.95%of portfolio
Place
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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.