# Mutual Savings Bank

> **Canonical URL:** https://saferate.com/lenders/mutual-savings-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


Mutual Savings Bank is a bank, headquartered in Franklin, IN, with 63 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 20% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 68% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300MOTRV68OSXM837
- **Headquarters:** Franklin, IN
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** IN
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 80/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 32/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.174%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $963
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 63
- **Dollar Volume:** $14 million
- **Applications Received:** 97
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $222,619
- **Average Borrower Income:** $96,000
- **Average Property Value:** $364,365

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 28/100 | 63 | -0.174% | $963 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 45 loans, Score: 27/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 28/100 | 45 | $10M | -0.056% | Acceptable 🙂 |
| Refinance | 31/100 | 18 | $4M | -0.473% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 63 | 0.07% | 65/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Indianapolis | IN | 60 | 69/100 |

## Frequently Asked Questions

### What loan types does Mutual Savings Bank offer?

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

### Where does Mutual Savings Bank offer mortgages?

Mutual Savings Bank offers mortgages in 1 states: IN.

### How competitive are Mutual Savings Bank's mortgage rates?

Mutual Savings Bank has a pricing score of 80/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.174% below market average.

### What type of lender is Mutual Savings Bank?

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

### What is Mutual Savings Bank's loan approval success rate?

Mutual Savings Bank has a pull-through score of 32/100 (Acceptable). 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/mutual-savings-bank

### How to Cite

> "Mutual Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mutual-savings-bank

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