Safe Rate Rankings

Best FHA 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.
Total Lenders10
Total Loans12,704
Median Rate Spread0.34%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Strong
$215Fees
0.355%Above
377
2
Independent BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$1,061Fees
0.211%Above
316
3
Mercantile BankBank
Exceptional
Strong
Strong
Sound
Exceptional
$741Fees
0.197%Above
547
4
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$739Fees
0.201%Above
444
5
The Dart BankBank
Exceptional
Strong
Strong
Strong
Strong
$2,028Fees
0.183%Above
242
6
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Strong
$1,986Fees
0.521%Above
190
7
Northpointe BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,709Fees
0.274%Above
161
8
Plains Commerce BankBank
Strong
Sound
Exceptional
Strong
Sound
$2,608Fees
0.367%Above
29
9
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$2,166Fees
0.255%Above
201
10
Horizon BankBank
Strong
Strong
Sound
Sound
Sound
$1,431Fees
0.313%Above
36

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)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
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.