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
Promptness
Not enough data
—/5
No quote responses measured yet
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
4/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
597 loans · 0.18% above market
Strong
Top 40% of lenders
4/5
FHA
78 loans · 0.37% above market
Strong
Top 40% of lenders
4/5
VA
24 loans · 0.25% below market
Strong
Top 40% of lenders
4/5
USDA
23 loans · 0.02% below market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
599 loans · 0.18% above market
Strong
Top 40% of lenders
4/5
Refinance
130 loans · 0.23% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 9 markets
Strong
Top 40% of lenders
4/5
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
6Full-year 2024 · HMDALoans originated
< 200200+None
Midwest3
ILINMI
South3
FLKYTN
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 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 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.