# The Dart Bank

> **Canonical URL:** https://saferate.com/lenders/the-dart-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


The Dart Bank is a bank, headquartered in Mason, MI, serving borrowers across 30 states, with 2,002 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 23% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493008P6YO2KM3EO556
- **Headquarters:** Mason, MI
- **Geographic Reach:** Near-National
- **States Served:** 30
- **State List:** AL, AZ, CA, CO, DC, FL, GA, ID, IL, IN, KS, KY, MA, MD, MI, MN, MO, MS, NC, OH, OR, PA, RI, SC, TN, TX, VA, WI, WV, WY
- **Markets (MSAs):** 14
- **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: 77/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.208%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,572
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,002
- **Dollar Volume:** $670 million
- **Applications Received:** 2,618
- **Market Share:** 6.00%

## Typical Borrower Profile

- **Average Loan Amount:** $334,690
- **Average Borrower Income:** $159,558
- **Average Property Value:** $430,260

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (77%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Jumbo Gold Superstar** (63%)
- ⭐ **Purchase Gold Superstar** (77%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 83/100 | 1,793 | +0.196% | $1,533 | Exceptional 🤩 |
| FHA | 69/100 | 108 | +0.495% | $1,822 | Strong 😀 |
| VA | 68/100 | 37 | -0.274% | $2,458 | Strong 😀 |
| Jumbo | 76/100 | 56 | +0.448% | $1,585 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,643 loans, Score: 84/100 (Exceptional)
- Refinance: 150 loans, Score: 71/100 (Strong)

**FHA:**
- Purchase: 101 loans, Score: 69/100 (Strong)

**VA:**
- Purchase: 34 loans, Score: 68/100 (Strong)

**Jumbo:**
- Purchase: 56 loans, Score: 77/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 83/100 | 1,842 | $622M | +0.214% | Exceptional 🤩 |
| Refinance | 69/100 | 160 | $48M | +0.157% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 1,842 | 1.63% | 91/100 |
| FL | 40 | 0.01% | 45/100 |
| VA | 39 | 0.04% | 50/100 |
| MD | 20 | 0.03% | 44/100 |
| CA | 11 | 0.00% | 35/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lansing | MI | 628 | 100/100 |
| Warren | MI | 291 | 77/100 |
| Non |  | 280 | 64/100 |
| Grand Rapids | MI | 242 | 75/100 |
| Jackson, MI | MI | 136 | 100/100 |
| Ann Arbor, MI | MI | 82 | 81/100 |
| Flint, MI | MI | 69 | 69/100 |
| Detroit | MI | 39 | 56/100 |
| Arlington | VA-WV | 33 | 52/100 |
| Traverse City, MI | MI | 29 | 60/100 |
| Bay City, MI | MI | 12 | 45/100 |
| Midland, MI | MI | 11 | 43/100 |
| Muskegon | MI | 11 | 43/100 |
| Washington, DC | DC-MD | 11 | 40/100 |

## Where This Lender Ranks

The Dart Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Lansing Banks
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/banks)
- 🥇 **#1** in Lansing for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Lansing for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Lansing for Jumbo Loans
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Lansing for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Jackson, MI
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders)
- 🥇 **#1** in Jackson, MI Banks
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/banks)
- 🥇 **#1** in Jackson, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Jackson, MI for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Jackson, MI for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Michigan Banks
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/banks)
- 🥈 **#2** in Michigan for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Michigan for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Michigan for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/banks/usda-loans)
- 🥈 **#2** in Lansing
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders)
- 🥈 **#2** in Lansing for Conventional Loans
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Lansing for FHA Loans
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/fha-loans)
- 🥈 **#2** in Lansing for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Grand Rapids for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/grand-rapids/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Jackson, MI for FHA Loans
  - [View Full Rankings](https://saferate.com/jackson-mi/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does The Dart Bank offer?

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

### Where does The Dart Bank offer mortgages?

The Dart Bank offers mortgages in 30 states: AL, AZ, CA, CO, DC, FL, GA, ID, IL, IN, KS, KY, MA, MD, MI, MN, MO, MS, NC, OH, OR, PA, RI, SC, TN, TX, VA, WI, WV, WY.

### How competitive are The Dart Bank's mortgage rates?

The Dart 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 0.208% above market average.

### What type of lender is The Dart Bank?

The Dart Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Mason, MI.

### What is The Dart Bank's loan approval success rate?

The Dart Bank has a pull-through score of 77/100 (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/the-dart-bank

### How to Cite

> "The Dart Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-dart-bank

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