Flagstar Bank, N.A.

Flagstar Bank is a regional bank headquartered in Troy, Michigan, and a subsidiary of New York Community Bancorp. It is notable for operating both as a retail bank in its core Michigan markets and as a national mortgage originator and servicer.

For individual customers in Michigan and its other markets, Flagstar commonly offers personal checking and savings accounts, home mortgages, personal loans, and home equity products. For consumers outside its physical branch footprint, Flagstar is most likely to be encountered as a mortgage lender or loan servicer rather than as a full-service banking relationship.

Flagstar is a significant mortgage lender nationally, offering conventional, FHA, VA, and jumbo loan products. Some borrowers who have mortgages originated by other lenders may find that their loan has been serviced by Flagstar after the sale of mortgage servicing rights, which is common in the mortgage industry.

For businesses, Flagstar provides commercial loans, commercial real estate financing, and business banking services.

The bank operates a mobile app and online banking platform for account management, bill pay, and fund transfers.

Flagstar has a national mortgage servicing operation, meaning that consumers whose mortgages were originated by other lenders may find their loan transferred to Flagstar for servicing over the life of the loan. This is standard practice in the mortgage industry. Consumers with questions about a serviced mortgage should contact Flagstar's servicing team directly.

Flagstar Bank is FDIC-insured and deposits are covered up to applicable limits. Rates, fees, and product availability vary by individual circumstances and location. Consumers should verify whether retail banking products are available in their state.