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 | Manufacturers and Traders TrustBuffalo, NY | C | 5.99% | 1,337 | 32.5% | 5.99% |
| 2 | Mortgage Research CenterColumbia, MO | C | 6.13% | 563 | 21.7% | 6.13% |
| 3 | United Shore Financial ServicesPlymouth, MI | B | 6.13% | 1,408 | 13.0% | 6.13% |
| 4 | Freedom MortgageBoca Raton, FL | B | 6.19% | 804 | 8.2% | 6.19% |
| 5 | Bank of AmericaCharlotte, NC | F | 6.24% | 714 | 29.4% | 6.24% |
| 6 | Nation One MortgageMarlton, NJ | C | 6.25% | 201 | 2.5% | 6.25% |
| 7 | Police & FirePhiladelphia, PA | C | 6.25% | 245 | 42.5% | 6.25% |
| 8 | Tidewater Mortgage ServicesVirginia Beach, VA | C | 6.25% | 251 | 7.2% | 6.25% |
| 9 | Dhi Mortgage CompanyArlington, TX | B | 6.25% | 364 | 12.4% | 6.25% |
| 10 | JPMorgan Chase BankColumbus, OH | B | 6.25% | 474 | 8.7% | 6.25% |
| 11 | Keystone FundingDover, DE | A | 6.25% | 692 | 4.5% | 6.25% |
| 12 | Meridian BankMalvern, PA | B | 6.25% | 790 | 2.4% | 6.25% |
| 13 | Mld MortgageFlorham Park, NJ | A | 6.38% | 149 | 1.3% | 6.38% |
| 14 | Primary Residential MortgageSalt Lake City, UT | C | 6.38% | 287 | 5.2% | 6.38% |
| 15 | Wells Fargo BankCharlotte, NC | B | 6.38% | 323 | 15.8% | 6.38% |
| 16 | Lennar MortgageMiami, FL | A | 6.38% | 630 | 8.7% | 6.38% |
| 17 | Pike Creek Mortgage ServicesNewark, DE | B | 6.38% | 1,383 | 2.2% | 6.38% |
| 18 | Fulton BankLancaster, PA | C | 6.49% | 467 | 20.1% | 6.49% |
| 19 | Prosperity Home MortgageFairfax, VA | A | 6.49% | 515 | 5.6% | 6.49% |
| 20 | American Neighborhood Mortgage Acceptance CompanyMount Laurel, NJ | B | 6.50% | 280 | 2.5% | 6.50% |
| 21 | Movement MortgageLancaster, SC | A | 6.50% | 374 | 5.6% | 6.50% |
| 22 | Guild MortgageSan Diego, CA | A | 6.50% | 728 | 5.6% | 6.50% |
| 23 | NewrezWilmington, DE | D | 6.50% | 1,127 | 18.4% | 6.50% |
| 24 | Capital BankRockville, MD | B | 6.62% | 276 | 2.2% | 6.62% |
| 25 | Pennymac Loan ServicesWestlake Village, CA | C | 6.62% | 1,056 | 11.7% | 6.62% |
| 26 | American Pacific MortgageRoseville, CA | C | 6.63% | 144 | 9.7% | 6.63% |
| 27 | Guaranteed RateChicago, IL | B | 6.63% | 216 | 6.9% | 6.63% |
| 28 | Embrace Home LoansMiddletown, RI | A | 6.63% | 282 | 5.7% | 6.63% |
| 29 | Fairway Independent MortgageMadison, WI | B | 6.63% | 374 | 3.5% | 6.63% |
| 30 | Luminate BankMinneapolis, MN | B | 6.63% | 398 | 4.3% | 6.63% |
| 31 | CMG MortgageSan Ramon, CA | A | 6.63% | 438 | 1.6% | 6.63% |
| 32 | K. Hovnanian American MortgagePerth Amboy, FL | B | 6.63% | 459 | 6.5% | 6.63% |
| 33 | Crosscountry MortgageCleveland, OH | B | 6.63% | 614 | 5.2% | 6.63% |
| 34 | NVR Mortgage FinanceReston, VA | B | 6.63% | 1,414 | 18.7% | 6.63% |
| 35 | Broker SolutionsTustin, CA | D | 6.75% | 661 | 12.7% | 6.75% |
| 36 | Loandepot.ComIrvine, CA | D | 6.88% | 835 | 15.3% | 6.88% |
| 37 | Rocket MortgagePlymouth, MI | C | 6.88% | 2,381 | 15.5% | 6.88% |
| 38 | The Loan StoreSan Francisco, CA | B | 6.99% | 132 | 7.6% | 6.99% |
| 39 | DexstaWilmington, DE | B | 7.00% | 173 | 2.9% | 7.00% |
| 40 | Del-One Federal Credit UnionDover, DE | D | 7.00% | 1,070 | 41.3% | 7.00% |
| 41 | Dover Federal Credit UnionDover, DE | D | 7.15% | 252 | 34.1% | 7.15% |
| 42 | Constructive LoansTampa, FL | C | 7.25% | 146 | 1.4% | 7.25% |
| 43 | Wilmington Savings Fund SocietyWilmington, DE | B | 7.25% | 1,801 | 16.6% | 7.25% |
| 44 | PNC BankWilmington, DE | D | 7.50% | 1,492 | 25.1% | 7.50% |
| 45 | Citizens BankProvidence, RI | C | 7.65% | 1,633 | 29.3% | 7.65% |
| 46 | TD BankWilmington, DE | D | 7.67% | 479 | 30.5% | 7.67% |
| 47 | Navy Federal Credit UnionVienna, VA | D | 7.75% | 743 | 19.0% | 7.75% |
| 48 | Nationstar MortgageCoppell, TX | C | 8.19% | 336 | 15.2% | 8.19% |
| 49 | AmeriSave MortgageSandy Springs, GA | D | 8.25% | 562 | 58.9% | 8.25% |
| 50 | Figure LendingCharlotte, NC | C | 9.78% | 259 | 26.6% | 9.78% |
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.
