# German American Bank

> **Canonical URL:** https://saferate.com/lenders/german-american-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


German American Bank is a bank, headquartered in Jasper, IN, serving borrowers across 6 states, with 729 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 34% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493002JDOI3GTNVUD76
- **Headquarters:** Jasper, IN
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** FL, IL, IN, KY, MI, TN
- **Markets (MSAs):** 9
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.189%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $864
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 729
- **Dollar Volume:** $166 million
- **Applications Received:** 1,074
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $228,073
- **Average Borrower Income:** $119,853
- **Average Property Value:** $315,041

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 69/100 | 597 | +0.185% | $795 | Strong 😀 |
| FHA | 66/100 | 78 | +0.368% | $1,300 | Strong 😀 |
| VA | 61/100 | 24 | -0.253% | $1,619 | Strong 😀 |
| USDA | 75/100 | 23 | -0.020% | $928 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 475 loans, Score: 69/100 (Strong)
- Refinance: 122 loans, Score: 70/100 (Strong)

**FHA:**
- Purchase: 71 loans, Score: 65/100 (Strong)

**VA:**
- Purchase: 23 loans, Score: 61/100 (Strong)

**USDA:**
- Purchase: 23 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 69/100 | 599 | $143M | +0.181% | Strong 😀 |
| Refinance | 69/100 | 130 | $23M | +0.226% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 511 | 0.56% | 81/100 |
| KY | 204 | 0.44% | 77/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 377 | 72/100 |
| Louisville/Jefferson County, KY | KY-IN | 92 | 71/100 |
| Evansville, IN | IN | 68 | 68/100 |
| Bloomington, IN | IN | 51 | 70/100 |
| Columbus, IN | IN | 37 | 69/100 |
| Bowling Green, KY | KY | 30 | 62/100 |
| Elizabethtown, KY | KY | 24 | 61/100 |
| Indianapolis | IN | 15 | 44/100 |
| Owensboro, KY | KY | 15 | 49/100 |

## Where This Lender Ranks

German American Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Elizabethtown, KY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/elizabethtown-ky/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Evansville, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Bloomington, IN Banks
  - [View Full Rankings](https://saferate.com/bloomington-in/best-mortgage-lenders/banks)
- 🥈 **#2** in Bloomington, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bloomington-in/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Bowling Green, KY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Bowling Green, KY for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/banks/usda-loans)
- 🥉 **#3** in Evansville, IN for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Bowling Green, KY Banks
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/banks)
- 🥉 **#3** in Bowling Green, KY for USDA Loans
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/usda-loans)
- 🥉 **#3** in Elizabethtown, KY Banks
  - [View Full Rankings](https://saferate.com/elizabethtown-ky/best-mortgage-lenders/banks)
- 🥉 **#3** in Elizabethtown, KY for Conventional Loans
  - [View Full Rankings](https://saferate.com/elizabethtown-ky/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Elizabethtown, KY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/elizabethtown-ky/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Elizabethtown, KY for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/elizabethtown-ky/best-mortgage-lenders/banks/va-loans)
- 🏆 **#4** in Indiana for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/banks/usda-loans)
- 🏆 **#4** in Evansville, IN Banks
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks)
- 🏆 **#4** in Bloomington, IN for Conventional Loans
  - [View Full Rankings](https://saferate.com/bloomington-in/best-mortgage-lenders/conventional-loans)
- 🏆 **#4** in Columbus, IN Banks
  - [View Full Rankings](https://saferate.com/columbus-in/best-mortgage-lenders/banks)
- 🏆 **#4** in Columbus, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-in/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#4** in Bowling Green, KY for Conventional Loans
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/conventional-loans)
- 🏆 **#4** in Bowling Green, KY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/bowling-green-ky/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does German American Bank offer?

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

### Where does German American Bank offer mortgages?

German American Bank offers mortgages in 6 states: FL, IL, IN, KY, MI, TN.

### How competitive are German American Bank's mortgage rates?

German American Bank has a pricing score of 66/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.189% above market average.

### What type of lender is German American Bank?

German American Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Jasper, IN.

### What is German American Bank's loan approval success rate?

German American Bank has a pull-through score of 52/100 (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/german-american-bank

### How to Cite

> "German American Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/german-american-bank

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