# STAR Financial Bank

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


STAR Financial Bank is a bank, headquartered in Fort Wayne, IN, serving borrowers across 7 states, with 239 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 49% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 57% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** LBIZXW7X2N50PETIH863
- **Headquarters:** Fort Wayne, IN
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** AZ, FL, IN, MI, MT, OH, UT
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

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

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

### Pricing Details
- **Average Rate Spread:** +0.128%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,281
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 239
- **Dollar Volume:** $76 million
- **Applications Received:** 416
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $319,017
- **Average Borrower Income:** $197,531
- **Average Property Value:** $456,925

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 54/100 | 219 | +0.155% | $1,302 | Sound ☺️ |
| Jumbo | 68/100 | 20 | -0.348% | $920 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 143 loans, Score: 44/100 (Sound)
- Refinance: 76 loans, Score: 60/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 45/100 | 162 | $64M | +0.073% | Sound ☺️ |
| Refinance | 57/100 | 77 | $12M | +0.239% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 227 | 0.25% | 76/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Indianapolis | IN | 89 | 70/100 |
| Non |  | 60 | 50/100 |
| Fort Wayne, IN | IN | 52 | 66/100 |
| Muncie, IN | IN | 16 | 54/100 |
| Kokomo, IN | IN | 11 | 47/100 |

## Where This Lender Ranks

STAR Financial Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Muncie, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/muncie-in/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Kokomo, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Fort Wayne, IN Banks
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/banks)
- 🏆 **#13** in Indianapolis for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#14** in Fort Wayne, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in Indiana for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#19** in Indianapolis Banks
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/banks)
- 🏆 **#20** in Indianapolis for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in Kokomo, IN for Conventional Loans
  - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does STAR Financial Bank offer?

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

### Where does STAR Financial Bank offer mortgages?

STAR Financial Bank offers mortgages in 7 states: AZ, FL, IN, MI, MT, OH, UT.

### How competitive are STAR Financial Bank's mortgage rates?

STAR Financial Bank has a pricing score of 51/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.128% above market average.

### What type of lender is STAR Financial Bank?

STAR Financial Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Fort Wayne, IN.

### What is STAR Financial Bank's loan approval success rate?

STAR Financial 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.

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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/star-financial-bank

### How to Cite

> "STAR Financial Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/star-financial-bank

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