PlainLender

SUPERIOR NATIONAL BANK

HANCOCK, MI

SUPERIOR NATIONAL BANK processed 797 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 664 loans with a 2.6% denial rate. Home Purchase was the primary loan purpose. Based in HANCOCK, MI. The approval rate of 83.3% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. SUPERIOR NATIONAL BANK processed 797 HMDA-reported mortgage applications in 2024, originating 664 loans and denying 21 for a denial rate of 2.6% (applicants themselves withdrew 103 files before a decision). The average loan amount was $302,842 at a 7.039% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 2549003SYL72OG7Y6S21 from HANCOCK, MI.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. SUPERIOR NATIONAL BANK's 83.3% origination rate tells you how often an application turned into funded money; the 2.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (723 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

797
Applications
664
Originated
2.6%
Denial Rate
$302,842
Avg Loan Amount
Avg Interest Rate: 7.039% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 723 613 15 $308,568
FHA 65 47 6 $211,154
VA 9 4 0 $505,000

Top loan types — SUPERIOR NATIONAL BANK

Top loan types — SUPERIOR NATIONAL BANK Horizontal bar chart of the top 3 items by value (applications). Top loan types — SUPERIOR NATIONAL BANK Top 3 1. Conventional 723 2. FHA 65 3. VA 9 Top 5 loan types by application volume at SUPERIOR NATIONAL BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for SUPERIOR NATIONAL BANK (LEI: 2549003SYL72OG7Y6S21) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
6
Debt-to-income ratio
6
Other
3
Unverifiable information
3
Credit history
2
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 654 542 $312,798
Refinancing 63 53 $354,683
Cash-out Refinancing 44 36 $240,227
Home Improvement 22 20 $97,273
Other 14 13 $124,286

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 655 84.6% 2.1%
Black or African American 51 66.7% 7.8%
Asian 23 78.3% 0.0%
Joint 4 75.0% 0.0%
American Indian or Alaska Native 3 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 710 83.1% 2.5%
Hispanic or Latino 18 88.9% 0.0%
Joint 8 75.0% 0.0%

Nearby Lenders in MI

Other HMDA-reporting lenders in MI with similar activity. Compare any two side-by-side.

ROCKET MORTGAGE

DETROIT, MI

553,854 apps 361,071 originated 14.9% denied

United Wholesale Mortgage

Pontiac, MI

493,978 apps 366,078 originated 11.7% denied

Flagstar Bank NA

Troy, MI

67,778 apps 29,443 originated 18.5% denied

Lake Michigan Credit Union

Grand Rapids, MI

16,222 apps 12,245 originated 8.3% denied

Northpointe Bank

Grand Rapids, MI

9,882 apps 5,580 originated 5.5% denied
Compare SUPERIOR NATIONAL BANK vs ROCKET MORTGAGE →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did SUPERIOR NATIONAL BANK process?
SUPERIOR NATIONAL BANK processed 797 mortgage applications in the 2023 HMDA reporting year. Of these, 664 were originated (approved and funded), 103 were withdrawn by the applicant, and 21 were denied.
What is SUPERIOR NATIONAL BANK's mortgage approval rate?
SUPERIOR NATIONAL BANK has an approval (origination) rate of 83.3%, meaning 83.3% of all applications resulted in a funded mortgage. The denial rate is 2.6%.
What is the average loan amount at SUPERIOR NATIONAL BANK?
The average mortgage loan amount at SUPERIOR NATIONAL BANK is $302,842. The average interest rate is 7.039%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at SUPERIOR NATIONAL BANK?
The most common reasons for mortgage denial at SUPERIOR NATIONAL BANK are: Collateral, Debt-to-income ratio, Other. In total, 21 applications were denied out of 797 total applications.
What types of mortgage loans does SUPERIOR NATIONAL BANK offer?
SUPERIOR NATIONAL BANK processes Conventional, FHA, VA loans. The most common type is Conventional with 723 applications and an average loan amount of $308,568.
What loan purposes does SUPERIOR NATIONAL BANK serve?
SUPERIOR NATIONAL BANK serves the following loan purposes: Home Purchase (654 applications), Refinancing (63 applications), Cash-out Refinancing (44 applications), Home Improvement (22 applications), Other (14 applications). Home Purchase is the most common purpose.
Where is SUPERIOR NATIONAL BANK located?
SUPERIOR NATIONAL BANK is headquartered in HANCOCK, MI. The lender is identified by LEI 2549003SYL72OG7Y6S21 in HMDA data.
How does SUPERIOR NATIONAL BANK compare in lending across racial demographics?
SUPERIOR NATIONAL BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 84.6% and denial rate of 2.1%; Black or African American applicants have an approval rate of 66.7% and denial rate of 7.8%; Asian applicants have an approval rate of 78.3% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.