What loan types does First National Bank of America offer?

First National Bank of America offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does First National Bank of America offer mortgages?

First National Bank of America is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are First National Bank of America's mortgage rates?

First National Bank of America has an overall pricing score of 0.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First National Bank of America?

First National Bank of America is a Bank headquartered in East Lansing, MI.

Unclaimed

First National Bank of America

Bank•East Lansing, MI•Direct to Consumer

We analyzed every closed loan from First National Bank of America — 3.1k loans across 5k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing

Mediocre

vs. all lenders

Pull Through

Sound

closing strength

Products

Strong

Conventional · Jumbo

Place

Sound

National · 49 mkts

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Safe Rate's Summary

What They Do Well

Nationwide availability with consistent service

Things to Think About

Rates typically 187 basis points above market average
Higher than average fees ($6,885)

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Report Card

First National Bank of America performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Mediocre	Below peers +186.8 bps above market avg
Pull Through Closing strength	Sound	Industry Standard Top 60% of lenders
By Loan Product· Specialization by type
Conventional	Strong	Highly Competitive Top 40% of lenders
Jumbo	Sound	Industry Standard Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase	Strong	Highly Competitive Top 40% of lenders
Refinance	Sound	Industry Standard Top 60% of lenders
By Location· Geographic coverage
Geographic Reach Coverage footprint	Sound	Industry Standard Top 60% of lenders National50 markets

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Strong	Mediocre	Sound	3,126	99.4%	+1.868%Above	$6,885Fees
Jumbo Loans	Acceptable	Sound	—	Acceptable	19	0.6%	—	—

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Strong	Mediocre	Sound	2,941	93.5%	+1.874%Above	$7,211Fees
Refinance	Acceptable	Sound	—	Acceptable	204	6.5%	+1.828%Above	$4,716Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

3,145

Applications

4,598

Volume

$934 million

Pricing & Closing

Avg Rate Spread

+1.868%

vs. market APOR

Avg Net Fees

$6,885

Origination − Credits

Pullthrough Rate

68.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$297,258

Avg Borrower Income

$138,590

Avg Property Value

$400,546

Geographic Coverage

Geographic Performance

Metro Areas

States Served

We count Washington DC as a state

Avg Place Specialization

Sound

States with Loan Originations

AKALARAZCACOCTDCDEFLGAIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNENHNJNMNVNYOHOKORPARISCTNTXUTVAWAWIWVWY

Top Metro Areas by Place Specialization Score

Atlanta, GAMSA

Volume: 187Mix: 5.95%of portfolio

Place

Strong

Charleston, SCMSA

Volume: 76Mix: 2.42%of portfolio

Place

Strong

Bridgeport, CTMSA

Volume: 62Mix: 1.97%of portfolio

Place

Strong

Washington, DC, DC-MDMSA

Volume: 69Mix: 2.19%of portfolio

Place

Strong

Marietta, GA, GAMSA

Volume: 73Mix: 2.32%of portfolio

Place

Strong

Chicago, ILMSA

Volume: 137Mix: 4.36%of portfolio

Place

Strong

Baltimore, MDMSA

Volume: 89Mix: 2.83%of portfolio

Place

Strong

Charlotte, NC-SCMSA

Volume: 84Mix: 2.67%of portfolio

Place

Strong

Birmingham, AL, ALMSA

Volume: 50Mix: 1.59%of portfolio

Place

Strong

Frederick, MDMSA

Volume: 48Mix: 1.53%of portfolio

Place

Strong

Showing 10 of 49 metro areas

Top States by Place Specialization Score

GAState

Volume: 293Mix: 9.32%of portfolio

Place

Strong

MDState

Volume: 232Mix: 7.38%of portfolio

Place

Strong

CTState

Volume: 146Mix: 4.64%of portfolio

Place

Strong

SCState

Volume: 146Mix: 4.64%of portfolio

Place

Strong

MAState

Volume: 168Mix: 5.34%of portfolio

Place

Strong

ILState

Volume: 181Mix: 5.76%of portfolio

Place

Strong

VAState

Volume: 142Mix: 4.52%of portfolio

Place

Strong

NCState

Volume: 205Mix: 6.52%of portfolio

Place

Strong

NJState

Volume: 113Mix: 3.59%of portfolio

Place

Strong

TXState

Volume: 183Mix: 5.82%of portfolio

Place

Strong

Showing 10 of 32 states

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.