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Northpointe Bank

Bank|Grand Rapids, MI|National
Loans Originated
4,106
Applications
6,735
Volume
$1 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarFHA SuperstarVA SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.193%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,523
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
61.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA and Jumbo loans
  • Nationwide availability with consistent service

Report Card

Northpointe Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
ExceptionalMarket Leader
FHA
ExceptionalMarket Leader
VA
StrongHighly Competitive
Jumbo
StrongHighly Competitive
USDA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
ExceptionalMarket Leader
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundNational · 50 metro areas · 49 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$402,450
Average Borrower Income
$177,740
Average Property Value
$534,396

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Exceptional
Sound
Strong
2,89370.5%+0.176%$2,355
FHA Loans
Strong
Exceptional
Sound
Strong
82520.1%+0.365%$3,124
VA Loans
Strong
Strong
Sound
Strong
2937.1%-0.322%$2,507
Jumbo Loans
Acceptable
Strong
Mediocre
Sound
761.9%+0.919%$4,330
USDA Loans
Acceptable
Sound
N/A
Mediocre
190.5%+0.190%$1,606

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Exceptional
Acceptable
Sound
3,14876.7%+0.253%$2,903
Refinance
Strong
Strong
Strong
Sound
95823.3%+0.027%$1,469

Geographic Coverage

Metro Areas
49
States Served
49
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNENHNJNMNVNYOHOKORPARISCTNTXUTVAVTWAWIWVWY

Top Metro Areas by Place Specialization Score

1
Louisville/Jefferson County, KY, KY-INMSA
Volume: 700Mix: 17.05%
Place Specialization
Exceptional
2
Kahului, HIMSA
Volume: 55Mix: 1.34%
Place Specialization
Exceptional
3
Providence, RI-MAMSA
Volume: 216Mix: 5.26%
Place Specialization
Exceptional
4
Columbus, GA, GA-ALMSA
Volume: 84Mix: 2.05%
Place Specialization
Strong
5
Elizabethtown, KY, KYMSA
Volume: 52Mix: 1.27%
Place Specialization
Strong
6
Crestview, FLMSA
Volume: 62Mix: 1.51%
Place Specialization
Strong
7
Grand Rapids, MIMSA
Volume: 161Mix: 3.92%
Place Specialization
Strong
8
Denver, COMSA
Volume: 147Mix: 3.58%
Place Specialization
Strong
9
Lansing, MIMSA
Volume: 57Mix: 1.39%
Place Specialization
Strong
10
Charlotte, NC-SCMSA
Volume: 82Mix: 2.00%
Place Specialization
Strong
Showing 10 of 49 metro areas

Top States by Place Specialization Score

1
KYState
Volume: 801Mix: 19.51%
Place Specialization
Exceptional
2
RIState
Volume: 170Mix: 4.14%
Place Specialization
Strong
3
MIState
Volume: 332Mix: 8.09%
Place Specialization
Strong
4
COState
Volume: 272Mix: 6.62%
Place Specialization
Strong
5
GAState
Volume: 246Mix: 5.99%
Place Specialization
Strong
6
FLState
Volume: 393Mix: 9.57%
Place Specialization
Strong
7
HIState
Volume: 61Mix: 1.49%
Place Specialization
Strong
8
INState
Volume: 162Mix: 3.95%
Place Specialization
Strong
9
UTState
Volume: 111Mix: 2.70%
Place Specialization
Strong
10
ALState
Volume: 90Mix: 2.19%
Place Specialization
Strong
Showing 10 of 34 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)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
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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