We analyzed every closed loan from German American Bank — 729 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA · USDA
Place
Strong
4/5
Multi-Region · 8 mkts
Awards
Conventional
Superstar
FHA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Particularly strong in Conventional and FHA and VA and USDA loans
Explore another lender or local market
Report Card
German American Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+18.9 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
FHA
Strong
Top 40% of lenders
VA
Strong
Top 40% of lenders
USDA
Strong
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 9 markets
Strong
Top 40% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 597 | 81.9% | +0.185%Above | $795Fees | ||||
FHA Loans | 78 | 10.7% | +0.368%Above | $1,300Fees | ||||
VA Loans | — | 24 | 3.3% | -0.253%Below | $1,619Fees | |||
USDA Loans | — | 23 | 3.2% | -0.020%Below | $928Fees |
Conventional
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume597
Mix81.9%
Spread
+0.185%Above
Fees
$795Fees
FHA Loans
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume78
Mix10.7%
Spread
+0.368%Above
Fees
$1,300Fees
VA Loans
OverallSound
ProductStrong
Pricing—
Pull ThroughSound
Volume24
Mix3.3%
Spread
-0.253%Below
Fees
$1,619Fees
USDA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughSound
Volume23
Mix3.2%
Spread
-0.020%Below
Fees
$928Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 599 | 82.2% | +0.181%Above | $805Fees | ||||
Refinance | 130 | 17.8% | +0.226%Above | $1,122Fees |
Purchase
OverallStrong
ProductStrong
PricingStrong
Pull ThroughSound
Volume599
Mix82.2%
Spread
+0.181%Above
Fees
$805Fees
Refinance
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume130
Mix17.8%
Spread
+0.226%Above
Fees
$1,122Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
729
Applications
1,074
Volume
$166 million
Pricing & Closing
Avg Rate Spread
+0.189%
vs. market APOR
Avg Net Fees
$864
Origination − Credits
Pullthrough Rate
67.9%
Applications → Closed
Typical Borrower
Avg Loan Amount
$228,073
Avg Borrower Income
$119,853
Avg Property Value
$315,041
Geographic Coverage
Geographic Performance
Metro Areas
8
markets with activity
States Served
6
of 50 states + DC
Avg Place Specialization
Strong
4/5
States with Loan Originations
6Midwest3
ILINMI
South3
FLKYTN
Top Metro Areas by Place Specialization Score
Volume 92Mix 12.62% of portfolio
71/100
Strong
Volume 51Mix 7.00% of portfolio
70/100
Strong
Volume 37Mix 5.08% of portfolio
69/100
Strong
Volume 68Mix 9.33% of portfolio
68/100
Strong
Volume 30Mix 4.12% of portfolio
62/100
Strong
Volume 24Mix 3.29% of portfolio
61/100
Strong
Volume 15Mix 2.06% of portfolio
49/100
Sound
Volume 15Mix 2.06% of portfolio
44/100
SoundTop States by Place Specialization Score
1
IndianaState
Volume 511Mix 70.10% of portfolio
81/100
Exceptional2
KentuckyState
Volume 204Mix 27.98% of portfolio
77/100
StrongHow We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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.
Looking for a different lender?
Are you the owner of German American Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
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.