Dearborn Federal Savings Bank mortgage approval rate & lending review
Dearborn Federal Savings Bank decided 278 mortgage applications and funded 254 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Dearborn Federal Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Dearborn Federal Savings Bank at a glance
Approval is 8.7 points above the 83.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 176 / 185 | 100% | $225K | 176 |
| Cash-out refinance | 91% | 43 / 47 | 98% | $155K | 42 |
Dearborn Federal Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 92% | $225K | 278 | 254 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Dearborn Federal Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wayne County, MI | Cash-out refinance | 92% | 37 | 33 |
The county markets where Dearborn Federal Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Dearborn Federal Savings Bank
What is Dearborn Federal Savings Bank's mortgage approval rate?
Dearborn Federal Savings Bank approved 91.7% of the 278 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.7 points above the 83.0% national rate for the same mix of loan types.
How often do borrowers take the loan Dearborn Federal Savings Bank offers?
Borrowers accepted 100% of the loans Dearborn Federal Savings Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Dearborn Federal Savings Bank make?
The typical home purchase mortgage loan Dearborn Federal Savings Bank made was $225K; across all loan types its typical loan ran from $155K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Dearborn Federal Savings Bank lend?
Dearborn Federal Savings Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Michigan.
Can I apply to Dearborn Federal Savings Bank directly?
Yes. Dearborn Federal Savings Bank is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Dearborn Federal Savings Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Dearborn Federal Savings Bank treats applications, then get a rate quote from the lender.