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Wilmington Savings Fund Society, FSB
Bank|Wilmington, DE|Near-National
Loans Originated
1,136
Applications
1,450
Volume
$402 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
-0.070%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$643
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
78.3%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Offers rates 7.00 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and Jumbo loans
- Nationwide availability with consistent service
Report Card
Wilmington Savings Fund Society, FSB 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 | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Acceptable | Near industry average | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Sound | Industry Standard | |
Places Geographic coverage | Strong | Near-National · 7 metro areas · 28 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$354,005
Average Borrower Income
$165,651
Average Property Value
$495,660
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Strong | Strong | Strong | 985 | 86.7% | -0.096% | $528 |
FHA Loans | Strong | Strong | Exceptional | Sound | 74 | 6.5% | +0.286% | -$1,736 |
VA Loans | Acceptable | Acceptable | N/A | N/A | 13 | 1.1% | -0.286% | $695 |
Jumbo Loans | Sound | Strong | Mediocre | Strong | 64 | 5.6% | +0.025% | $5,392 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Strong | Strong | Strong | 1,021 | 89.9% | -0.093% | $414 |
Refinance | Sound | Sound | Sound | Sound | 115 | 10.1% | +0.115% | $2,441 |
Geographic Coverage
Metro Areas
6
States Served
28
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALAZCACOCTDCDEFLGAILMDMEMIMTNCNDNJNMNYOHPASCTNTXUTVAVTWV
Top Metro Areas by Place Specialization Score
1
Philadelphia, PA, PAMSA
Volume: 458Mix: 40.32%
Place Specialization
Exceptional
2
Wilmington, DEMSA
Volume: 208Mix: 18.31%
Place Specialization
Exceptional
3
Montgomery County, PAMSA
Volume: 184Mix: 16.20%
Place Specialization
Exceptional
4
Camden, NJ, NJMSA
Volume: 78Mix: 6.87%
Place Specialization
Strong
5
Dover, DE, DEMSA
Volume: 25Mix: 2.20%
Place Specialization
Sound
6
Atlantic City, NJMSA
Volume: 22Mix: 1.94%
Place Specialization
Sound
Top States by Place Specialization Score
1
PAState
Volume: 664Mix: 58.45%
Place Specialization
Exceptional
2
DEState
Volume: 265Mix: 23.33%
Place Specialization
Exceptional
3
NJState
Volume: 117Mix: 10.30%
Place Specialization
Strong
4
MDState
Volume: 16Mix: 1.41%
Place Specialization
Sound
5
ALState
Volume: 10Mix: 0.88%
Place Specialization
Acceptable
6
FLState
Volume: 13Mix: 1.14%
Place Specialization
Acceptable
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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