# Minster Bank

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

Minster Bank is a bank, headquartered in Minster, OH, serving borrowers across 3 states, with 146 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 18% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 46% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300GED4IYN84L8F67
- **Headquarters:** Minster, OH
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** MI, OH, TN
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 54/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.096%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $684
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 146
- **Dollar Volume:** $35 million
- **Applications Received:** 181
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $238,767
- **Average Borrower Income:** $111,959

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 37/100 | 146 | +0.096% | $684 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 130 loans, Score: 38/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 37/100 | 130 | $31M | +0.084% | Acceptable 🙂 |
| Refinance | 25/100 | 16 | $4M | +0.191% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 144 | 0.11% | 71/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 112 | 62/100 |
| Dayton | OH | 17 | 51/100 |

## Frequently Asked Questions

### What loan types does Minster Bank offer?

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

### Where does Minster Bank offer mortgages?

Minster Bank offers mortgages in 3 states: MI, OH, TN.

### How competitive are Minster Bank's mortgage rates?

Minster Bank has a pricing score of 82/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.096% above market average.

### What type of lender is Minster Bank?

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

### What is Minster Bank's loan approval success rate?

Minster Bank has a pull-through score of 54/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/minster-bank

### How to Cite

> "Minster Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/minster-bank

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