Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Grand Rapids

Updated February 5, 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 Lenders17

Total Loans12,704

Median Rate Spread0.34%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Old National BankBank	Exceptional	Exceptional	Exceptional	Strong	Strong	$449Fees	0.098%Below	304
2	Mercantile BankBank	Exceptional	Strong	Strong	Strong	Exceptional	$741Fees	0.197%Above	547
3	The Huntington National BankBank	Exceptional	Strong	Exceptional	Strong	Strong	$215Fees	0.355%Above	377
4	The Dart BankBank	Exceptional	Strong	Exceptional	Strong	Strong	$2,028Fees	0.183%Above	242
5	Fifth Third Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$739Fees	0.201%Above	444
6	Independent BankBank	Exceptional	Strong	Strong	Strong	Strong	$1,061Fees	0.211%Above	316
7	PNC Bank, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$24Credit	0.012%Above	44
8	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$1,609Fees	0.052%Above	33
9	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$2,166Fees	0.255%Above	201
10	Northpointe BankBank	Strong	Sound	Exceptional	Strong	Strong	$2,709Fees	0.274%Above	161
11	ChoiceOne BankBank	Strong	Strong	Strong	Sound	Strong	$906Fees	0.076%Above	114
12	Wells Fargo Bank, National AssociationBank	Strong	Strong	Exceptional	Sound	Sound	$2,393Fees	0.094%Above	39
13	Barrington Bank & Trust Company, National AssociationBank	Strong	Sound	Exceptional	Strong	Sound	$1,689Fees	0.224%Above	40
14	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Strong	$1,986Fees	0.521%Above	190
15	Horizon BankBank	Strong	Sound	Strong	Strong	Sound	$1,431Fees	0.313%Above	36
16	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Sound	$2,608Fees	0.367%Above	29
17	USAA Federal Savings BankBank	Strong	Sound	Strong	Acceptable	Sound	$2,307Fees	0.260%Below	29

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.