Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Detroit

Updated May 19, 2026

⚖️ 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.

Market

Total Lenders127

Total Loans16,726

Median Rate Spread0.47%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	The Huntington National BankBank	Exceptional	Strong	Exceptional	Strong	Exceptional	$337Credit	0.247%Above	427
2	First Merchants BankBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,152Fees	0.183%Above	225
3	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,103Fees	0.005%Above	184
4	Independent BankBank	Exceptional	Strong	Strong	Strong	Strong	$1,203Fees	0.337%Above	166
5	Citizens Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$478Credit	0.088%Above	158
6	PNC Bank, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$559Credit	0.275%Above	64
7	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$178Fees	0.149%Above	54
8	The Dart BankBank	Exceptional	Strong	Exceptional	Strong	Sound	$1,321Fees	0.343%Above	39
9	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$1,542Fees	0.379%Above	402
10	Fifth Third Bank, National AssociationBank	Strong	Strong	Exceptional	Sound	Sound	$147Credit	0.483%Above	58
11	Dearborn Federal Savings BankBank	Strong	Exceptional	Acceptable	Sound	Strong	$473Fees	0.203%Below	35
12	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Exceptional	$1,830Fees	0.621%Above	621
13	First State BankBank	Strong	Sound	Strong	Strong	Strong	$1,433Fees	0.226%Above	83
14	Superior National BankBank	Strong	Sound	Sound	Sound	Strong	$1,203Fees	0.312%Above	58
15	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Sound	$1,988Fees	0.528%Above	49
16	University BankBank	Strong	Acceptable	Strong	Strong	Sound	$1,589Fees	0.575%Above	44

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 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

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.