The median interest rate borrowers actually received on originated loans, not the advertised rate. Product mix matters: a VA-heavy lender will look cheaper than a jumbo specialist.
| # | Lender | Grade | Median rate | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Roundpoint Mortgage ServicingFort Mill, SC | B | 3.75% | 286 | 11.2% | 3.75% |
| 2 | Ventura County Credit UnionVentura, CA | A | 3.99% | 620 | 12.4% | 3.99% |
| 3 | Credit Union of Southern CaliforniaAnaheim, CA | D | 3.99% | 1,744 | 31.4% | 3.99% |
| 4 | Manufacturers and Traders TrustBuffalo, NY | C | 4.13% | 276 | 22.5% | 4.13% |
| 5 | Homeamerican MortgageDenver, CO | A | 4.88% | 1,044 | 5.8% | 4.88% |
| 6 | Gain Federal Credit UnionBurbank, CA | B | 4.99% | 225 | 22.2% | 4.99% |
| 7 | Universal LendingGreenwood Village, CO | A | 4.99% | 449 | 4.0% | 4.99% |
| 8 | Foothill Federal Credit UnionArcadia, CA | B | 4.99% | 497 | 30.6% | 4.99% |
| 9 | K. Hovnanian American MortgagePerth Amboy, FL | B | 4.99% | 902 | 9.9% | 4.99% |
| 10 | NuVision Federal Credit UnionHuntington Beach, CA | C | 4.99% | 1,209 | 33.1% | 4.99% |
| 11 | Lennar MortgageMiami, FL | A | 4.99% | 9,083 | 7.3% | 4.99% |
| 12 | Dhi Mortgage CompanyArlington, TX | B | 5.25% | 3,885 | 8.6% | 5.25% |
| 13 | Raymond James BankSaint Petersburg, FL | A | 5.38% | 152 | 6.6% | 5.38% |
| 14 | Goldman Sachs Bank USANew York, NY | C | 5.45% | 300 | 9.7% | 5.45% |
| 15 | 1st United Services Credit UnionPleasanton, CA | B | 5.50% | 795 | 34.7% | 5.50% |
| 16 | Pulte MortgageWilmington, DE | A | 5.50% | 1,693 | 17.8% | 5.50% |
| 17 | Charles Schwab BankWestlake, TX | A | 5.50% | 1,880 | 5.3% | 5.50% |
| 18 | Inspire Home LoansNewport Beach, CA | B | 5.63% | 992 | 11.0% | 5.63% |
| 19 | Calcon Mutual MortgageSan Diego, CA | D | 5.69% | 571 | 12.8% | 5.69% |
| 20 | MYPOINT Credit UnionSan Diego, CA | C | 5.74% | 569 | 30.8% | 5.74% |
| 21 | Teachers Federal Credit UnionHauppauge, NY | D | 5.75% | 246 | 4.5% | 5.75% |
| 22 | Sunward Federal Credit UnionAlbuquerque, NM | B | 5.75% | 489 | 1.8% | 5.75% |
| 23 | Citizens BankProvidence, RI | C | 5.75% | 779 | 6.4% | 5.75% |
| 24 | SAFE Credit UnionFolsom, CA | A | 5.75% | 1,366 | 8.2% | 5.75% |
| 25 | CitibankSioux Falls, SD | B | 5.75% | 11,427 | 11.3% | 5.75% |
| 26 | Wells Fargo BankCharlotte, NC | B | 5.75% | 15,826 | 10.8% | 5.75% |
| 27 | San Francisco Federal Credit UnionSan Francisco, CA | A | 5.80% | 234 | 3.0% | 5.80% |
| 28 | Morgan Stanley Private BankNew York, NY | A | 5.80% | 2,649 | 5.2% | 5.80% |
| 29 | HSBC Bank USAMclean, VA | B | 5.86% | 2,095 | 3.9% | 5.86% |
| 30 | 1st Northern CaliforniaMartinez, CA | B | 5.88% | 181 | 35.9% | 5.88% |
| 31 | Caltech Employees Federal Credit UnionLa Canada Flintridge, CA | B | 5.88% | 197 | 10.2% | 5.88% |
| 32 | UBS Bank USASalt Lake City, UT | A | 5.88% | 749 | 5.9% | 5.88% |
| 33 | Fbc MortgageOrlando, FL | B | 5.99% | 226 | 8.0% | 5.99% |
| 34 | Unnamed lender 254900YZ174H294JW398 | A | 5.99% | 917 | 3.4% | 5.99% |
| 35 | Planet Home LendingMeriden, CT | B | 5.99% | 1,346 | 17.5% | 5.99% |
| 36 | Comerica BankDallas, TX | C | 5.99% | 2,324 | 39.7% | 5.99% |
| 37 | Village Capital & InvestmentHenderson, NV | C | 5.99% | 2,699 | 17.2% | 5.99% |
| 38 | California Credit UnionGlendale, CA | C | 5.99% | 3,130 | 28.9% | 5.99% |
| 39 | Bank of AmericaCharlotte, NC | F | 5.99% | 40,190 | 30.8% | 5.99% |
| 40 | Genisys Credit UnionAuburn Hills, MI | D | 6.00% | 168 | 2.4% | 6.00% |
| 41 | Boeing Employees Credit UnionTukwila, WA | B | 6.00% | 279 | 24.0% | 6.00% |
| 42 | Unnamed lender 5Z1UQ1CWY0DQ3KJWDQ07 | C | 6.00% | 295 | 5.8% | 6.00% |
| 43 | Stifel Bank and TrustSaint Louis, MO | A | 6.00% | 414 | 1.5% | 6.00% |
| 44 | Traditional Mortgage AcceptanceBaltimore, MD | B | 6.00% | 420 | 11.7% | 6.00% |
| 45 | NFMLinthicum, MD | A | 6.00% | 529 | 1.0% | 6.00% |
| 46 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.00% | 1,203 | 9.8% | 6.00% |
| 47 | LoanUnited.comDuluth, GA | C | 6.00% | 1,232 | 8.1% | 6.00% |
| 48 | PHH MortgageMount Laurel, NJ | C | 6.00% | 2,234 | 10.2% | 6.00% |
| 49 | First-Citizens Bank & TrustRaleigh, NC | B | 6.01% | 2,179 | 20.2% | 6.01% |
| 50 | City National BankLos Angeles, CA | B | 6.03% | 4,042 | 14.3% | 6.03% |
Ordered by the median interest rate on originated loans, among lenders reporting rates on at least 100 loans. Some banks are exempt from HMDA pricing fields and cannot appear. All figures come from the lenders' own HMDA filings. Full methodology.
