# First National Bank of America

> **Canonical URL:** https://saferate.com/lenders/first-national-bank-of-america


> **📋 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


First National Bank of America is a bank, headquartered in East Lansing, MI, serving borrowers nationwide, with 3,145 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 99% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 49% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 254900WTZC5SSKIN2M11
- **Headquarters:** East Lansing, MI
- **Geographic Reach:** National
- **States Served:** 47
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** wholesale
- **Direct Origination:** 11%
- **Brokered/Wholesale:** 89%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 1/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 51/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +1.868%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $6,885
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,145
- **Dollar Volume:** $935 million
- **Applications Received:** 4,598
- **Market Share:** 9.00%

## Typical Borrower Profile

- **Average Loan Amount:** $297,258
- **Average Borrower Income:** $138,590
- **Average Property Value:** $400,546

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 76/100 | 3,126 | +1.868% | $6,885 | Strong 😀 |
| Jumbo | 45/100 | 19 | - | - | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,924 loans, Score: 77/100 (Strong)
- Refinance: 202 loans, Score: 59/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 72/100 | 2,941 | $875M | +1.874% | Strong 😀 |
| Refinance | 56/100 | 204 | $60M | +1.828% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| GA | 293 | 0.21% | 71/100 |
| MD | 232 | 0.33% | 71/100 |
| NC | 205 | 0.14% | 64/100 |
| TX | 183 | 0.05% | 60/100 |
| IL | 181 | 0.15% | 65/100 |
| MA | 168 | 0.28% | 67/100 |
| FL | 157 | 0.05% | 58/100 |
| CT | 146 | 0.42% | 68/100 |
| SC | 146 | 0.18% | 67/100 |
| VA | 142 | 0.13% | 65/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Atlanta | GA | 187 | 70/100 |
| Non |  | 159 | 53/100 |
| Chicago | IL | 137 | 65/100 |
| Houston | TX | 98 | 60/100 |
| Baltimore | MD | 89 | 63/100 |
| Charlotte | NC-SC | 84 | 63/100 |
| Charleston | SC | 76 | 68/100 |
| Marietta, GA | GA | 73 | 65/100 |
| Cambridge | MA | 71 | 61/100 |
| Washington, DC | DC-MD | 69 | 65/100 |
| Nashville | TN | 64 | 60/100 |
| Bridgeport | CT | 62 | 67/100 |
| Las Vegas | NV | 57 | 59/100 |
| Nassau County | NY | 57 | 58/100 |
| Birmingham, AL | AL | 50 | 62/100 |

## Where This Lender Ranks

First National Bank of America appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Vineland, NJ for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/vineland-nj/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Roanoke, VA Banks
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/banks)
- 🏆 **#12** in Waterbury Banks
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks)
- 🏆 **#13** in Hilton Head Island Banks
  - [View Full Rankings](https://saferate.com/hilton-head-island/best-mortgage-lenders/banks)
- 🏆 **#14** in New Haven, CT Banks
  - [View Full Rankings](https://saferate.com/new-haven-ct/best-mortgage-lenders/banks)
- 🏆 **#16** in Roanoke, VA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in New Orleans Banks
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks)
- 🏆 **#17** in Durham Banks
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/banks)
- 🏆 **#17** in Greeley, CO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in Nassau County for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in New Orleans for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in Hagerstown for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/hagerstown/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Atlanta for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Waterbury for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Lake County, IL for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lake-county-il/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Atlantic City for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/atlantic-city/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in Atlanta Banks
  - [View Full Rankings](https://saferate.com/atlanta/best-mortgage-lenders/banks)
- 🏆 **#20** in Nassau County Banks
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks)
- 🏆 **#20** in Worcester, MA Banks
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/banks)
- 🏆 **#20** in Barnstable Town, MA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/barnstable-town-ma/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does First National Bank of America offer?

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

### Where does First National Bank of America offer mortgages?

First National Bank of America is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are First National Bank of America's mortgage rates?

First National Bank of America has a pricing score of 1/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.868% above market average.

### What type of lender is First National Bank of America?

First National Bank of America is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in East Lansing, MI.

### What is First National Bank of America's loan approval success rate?

First National Bank of America has a pull-through score of 51/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## 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/first-national-bank-of-america

### How to Cite

> "First National Bank of America Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-national-bank-of-america

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