# Comerica Bank

> **Canonical URL:** https://saferate.com/lenders/comerica-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Comerica Bank is a bank, headquartered in Dallas, TX, serving borrowers across 15 states, with 246 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 57% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 70WY0ID1N53Q4254VH70
- **Headquarters:** Dallas, TX
- **Geographic Reach:** Multi-Region
- **States Served:** 15
- **State List:** AZ, CA, CT, FL, GA, IL, IN, KY, MI, NM, OK, OR, SC, TX, UT
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.372%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $492
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 246
- **Dollar Volume:** $107 million
- **Applications Received:** 427
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $435,610
- **Average Borrower Income:** $252,606
- **Average Property Value:** $805,203

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 40/100 | 205 | +0.389% | $534 | Sound ☺️ |
| FHA | 34/100 | 10 | +0.613% | $771 | Acceptable 🙂 |
| Jumbo | 67/100 | 31 | +0.053% | $-128 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 94 loans, Score: 32/100 (Acceptable)
- Refinance: 111 loans, Score: 57/100 (Sound)

**Jumbo:**
- Purchase: 21 loans, Score: 46/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 35/100 | 119 | $65M | +0.319% | Acceptable 🙂 |
| Refinance | 55/100 | 127 | $42M | +0.423% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 132 | 0.12% | 69/100 |
| TX | 69 | 0.02% | 57/100 |
| CA | 25 | 0.01% | 47/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Warren | MI | 57 | 64/100 |
| Houston | TX | 28 | 53/100 |
| Dallas | TX | 26 | 52/100 |
| Detroit | MI | 23 | 55/100 |
| Non |  | 17 | 29/100 |

## Frequently Asked Questions

### What loan types does Comerica Bank offer?

Comerica Bank offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Comerica Bank offer mortgages?

Comerica Bank offers mortgages in 15 states: AZ, CA, CT, FL, GA, IL, IN, KY, MI, NM, OK, OR, SC, TX, UT.

### How competitive are Comerica Bank's mortgage rates?

Comerica Bank has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.372% above market average.

### What type of lender is Comerica Bank?

Comerica Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Dallas, TX.

### What is Comerica Bank's loan approval success rate?

Comerica Bank has a pull-through score of 43/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/comerica-bank

### How to Cite

> "Comerica Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/comerica-bank

---

**[View Interactive Profile →](https://saferate.com/lenders/comerica-bank)**