# Five Star Bank

> **Canonical URL:** https://saferate.com/lenders/five-star-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


Five Star Bank is a bank, headquartered in Warsaw, NY, with 397 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 37% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 28% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493006LH4LKHY2EIN26
- **Headquarters:** Warsaw, NY
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** NY
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.263%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,278
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 397
- **Dollar Volume:** $99 million
- **Applications Received:** 503
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $248,652
- **Average Borrower Income:** $107,008
- **Average Property Value:** $312,708

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 359 | +0.253% | $1,254 | Strong 😀 |
| FHA | 56/100 | 24 | +0.499% | $1,465 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 324 loans, Score: 62/100 (Strong)
- Refinance: 35 loans, Score: 41/100 (Sound)

**FHA:**
- Purchase: 23 loans, Score: 56/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 61/100 | 360 | $93M | +0.216% | Strong 😀 |
| Refinance | 43/100 | 37 | $6M | +0.567% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 397 | 0.35% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Buffalo | NY | 188 | 80/100 |
| Rochester, NY | NY | 102 | 69/100 |
| Non |  | 87 | 53/100 |
| Elmira, NY | NY | 13 | 50/100 |

## Where This Lender Ranks

Five Star Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Buffalo for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Buffalo for Jumbo Loans
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Buffalo for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#4** in Buffalo Banks
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks)
- 🏆 **#4** in Rochester, NY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#4** in Rochester, NY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Elmira, NY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/elmira-ny/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#5** in Buffalo for Conventional Loans
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/conventional-loans)
- 🏆 **#5** in Buffalo for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#5** in Rochester, NY Banks
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders/banks)
- 🏆 **#6** in Buffalo
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders)
- 🏆 **#7** in Rochester, NY for Conventional Loans
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in New York for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#8** in New York for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/va-loans)
- 🏆 **#8** in Rochester, NY
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders)
- 🏆 **#10** in New York Banks
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks)
- 🏆 **#10** in Elmira, NY for Conventional Loans
  - [View Full Rankings](https://saferate.com/elmira-ny/best-mortgage-lenders/conventional-loans)
- 🏆 **#11** in New York for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#11** in Buffalo for FHA Loans
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/fha-loans)
- 🏆 **#15** in New York for Conventional Loans
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Five Star Bank offer?

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

### Where does Five Star Bank offer mortgages?

Five Star Bank offers mortgages in 1 states: NY.

### How competitive are Five Star Bank's mortgage rates?

Five Star Bank has a pricing score of 63/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.263% above market average.

### What type of lender is Five Star Bank?

Five Star Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Warsaw, NY.

### What is Five Star Bank's loan approval success rate?

Five Star Bank has a pull-through score of 72/100 (Strong). 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/five-star-bank

### How to Cite

> "Five Star Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/five-star-bank

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