Starion Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
83rd3.1% deniedPricingmedian rate spread over APOR, weight 30%
72nd0.09 ptsProcesswithdrawn + incomplete share, weight 15%
20th19.7%Closing coststotal loan costs ÷ loan amount, weight 10%
77th1.23% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 304 | 229 | 3.6% | 4.6% | 6.75% | $75M |
| 2024 | 292 | 222 | 2.1% | 2.5% | 7.15% | $112M |
| 2025 | 284 | 219 | 2.5% | 3.1% | 6.50% | $113M |
What Starion Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 83 investment properties.
Why Starion Bank denies applications
Primary reason reported for each of the 7 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Starion Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 22 | 13 | 23.5% |
| $50k – $100k | 47 | 31 | 5.9% |
| $100k – $150k | 36 | 28 | 0.0% |
| $150k – $250k | 44 | 28 | 0.0% |
| Over $250k | 48 | 36 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 9 | 10.0% |
| 25–34 | 55 | 40 | 4.8% |
| 35–44 | 45 | 31 | 0.0% |
| 45–54 | 35 | 26 | 10.3% |
| 55–64 | 39 | 30 | 0.0% |
Where Starion Bank lends
10 states and 43 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| North Dakota | 214 | 166 | 2.8% | 6.50% | #22 |
| Wisconsin | 46 | 37 | 0.0% | 6.51% | #339 |
| Minnesota | 12 | 8 | 0.0% | 6.69% | #445 |
Frequently asked questions
Starion Bank denied 3.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 83rd percentile of small mortgage lenders.
The most common reason Starion Bank gave in 2025 was "debt-to-income ratio", cited on 57.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Starion Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.09 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 70% of its applications were for home purchases, 21% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 93% conventional, 7% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.