Flagstar Bank, N.A.: 2025 mortgage rates, costs & approvals
How Flagstar Bank, N.A. priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: Flagstar Bank, N.A. · LEI SS1TRMSN6BRNMOREEV51
In 2025, Flagstar Bank, N.A. originated 7,171 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 83rd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.674% (all lenders: 6.625%); its median rate spread was 10 basis points above the national median. Median conventional loan costs were $4,860, 13% lower than the national median ($5,570).
It denied 32.4% of completed home-purchase applications (all lenders: 8.5%).
How Flagstar Bank, N.A. priced home-purchase loans
| Purchase loans, 2025 | Flagstar Bank, N.A. | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.674% | 6.625% |
| 30-year fixed rate · FHA | 6.250% | 6.250% |
| 30-year fixed rate · VA | 6.373% | 6.125% |
| 15-year fixed rate · conventional | 5.875% | 5.875% |
| Rate spread vs. APOR · conventional | +0.23 pts | +0.13 pts |
| Total loan costs · conventional | $4,860 | $5,570 |
| Total loan costs · FHA | $9,490 | $11,310 |
| Total loan costs · VA | $5,110 | $6,490 |
| Origination charges (all types) | $1,750 | $1,860 |
| Borrowers paying discount points | 49.9% | 51.3% |
| Points paid, when paid (% of loan) | 0.56% | 0.87% |
| Borrowers receiving lender credits | 29.0% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Flagstar Bank, N.A. denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Flagstar Bank, N.A. lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Michigan | 2,006 | 2,748 | 26.0% | 6.625% | $3,620 |
| Texas | 791 | 1,166 | 30.0% | 6.625% | $6,620 |
| California | 621 | 1,065 | 39.4% | 6.750% | $7,370 |
| Florida | 566 | 893 | 32.6% | 6.805% | $7,370 |
| Georgia | 290 | 445 | 33.1% | 6.750% | $5,450 |
| New York | 246 | 450 | 43.9% | 6.500% | $9,520 |
| Indiana | 231 | 327 | 28.9% | 6.500% | $3,330 |
| Ohio | 218 | 311 | 28.7% | 6.875% | $4,270 |
| Arizona | 207 | 328 | 36.0% | 6.750% | $6,400 |
| Pennsylvania | 153 | 246 | 35.5% | 6.750% | $5,790 |
| New Jersey | 148 | 275 | 45.5% | 6.624% | $6,580 |
| South Carolina | 136 | 182 | 22.9% | 6.875% | $4,210 |
| North Carolina | 116 | 187 | 35.8% | 6.875% | $3,800 |
| Minnesota | 109 | 209 | 51.9% | 6.769% | $4,490 |
| Illinois | 104 | 193 | 36.9% | 6.860% | $6,350 |
| Tennessee | 91 | 136 | 28.2% | — | $4,700 |
| Missouri | 87 | 128 | 35.5% | 6.875% | $3,710 |
| Mississippi | 87 | 125 | 32.2% | — | — |
| Alabama | 83 | 126 | 32.6% | — | $3,380 |
| Wisconsin | 75 | 107 | 27.0% | 6.875% | $2,910 |
| Washington | 74 | 119 | 32.5% | 6.500% | $7,000 |
| Oregon | 70 | 110 | 36.0% | 6.875% | $5,160 |
| Colorado | 67 | 103 | 33.3% | 6.625% | $3,970 |
| Virginia | 52 | 98 | 46.5% | — | — |
| Louisiana | 49 | 73 | 32.8% | — | — |
| Connecticut | 47 | 66 | 25.9% | 6.375% | $8,740 |
| Kentucky | 45 | 66 | 21.1% | — | — |
| Maryland | 44 | 78 | 41.2% | — | — |
| Nevada | 39 | 60 | 30.3% | — | $5,620 |
| Kansas | 37 | 67 | 40.4% | — | — |
| Massachusetts | 29 | 39 | 33.3% | — | — |
| Utah | 28 | 47 | 38.7% | — | — |
| West Virginia | 25 | 33 | 28.6% | — | — |
| Idaho | 24 | 38 | 28.0% | — | — |
| Nebraska | 19 | 27 | 26.1% | — | — |
| New Mexico | 18 | 29 | 47.6% | — | — |
| North Dakota | 18 | 24 | 22.7% | — | — |
| Montana | 17 | 30 | — | — | — |
| Oklahoma | 17 | 26 | — | — | — |
| Arkansas | 16 | 24 | 33.3% | — | — |
| Iowa | 16 | 23 | 33.3% | — | — |
| Wyoming | 12 | 16 | — | — | — |
| South Dakota | 9 | 13 | — | — | — |
| New Hampshire | 8 | 16 | — | — | — |
| Maine | 8 | 12 | — | — | — |
| Alaska | 6 | 10 | — | — | — |
| Rhode Island | 4 | 8 | — | — | — |
| Hawaii | 3 | 12 | — | — | — |
| Delaware | 2 | 6 | — | — | — |
| District of Columbia | 2 | 3 | — | — | — |
| Vermont | 1 | 3 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Flagstar Bank, N.A.'s page for that state.
Counties where Flagstar Bank, N.A. is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Dickinson County, MI | 2 | 30 | 13.0% |
| Gogebic County, MI | 3 | 19 | 11.6% |
| Iron County, MI | 2 | 16 | 11.1% |
| Ontonagon County, MI | 2 | 6 | 10.7% |
| Worth County, MO | 9 | 1 | 5.9% |
| Garden County, NE | 12 | 1 | 5.9% |
| Ingham County, MI | 6 | 173 | 5.2% |
| Val Verde County, TX | 6 | 20 | 5.2% |
| Morrill County, NE | 9 | 2 | 5.1% |
| Union County, MS | 8 | 11 | 5.1% |
| Calhoun County, GA | 14 | 1 | 4.5% |
| Webster County, MS | 7 | 3 | 4.5% |
| Sullivan County, MO | 16 | 1 | 4.3% |
| Benton County, MS | 8 | 3 | 4.2% |
| Eaton County, MI | 6 | 64 | 4.1% |
Check Flagstar Bank, N.A. yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI SS1TRMSN6BRNMOREEV51.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Flagstar Bank, N.A. with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology