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 | Regions BankBirmingham, AL | C | 4.99% | 2,543 | 38.2% | 4.99% |
| 2 | University of Illinois Community Credit UnionChampaign, IL | B | 5.50% | 378 | 5.0% | 5.50% |
| 3 | Lennar MortgageMiami, FL | A | 5.50% | 1,245 | 7.0% | 5.50% |
| 4 | Charles Schwab BankWestlake, TX | A | 5.63% | 218 | 6.0% | 5.63% |
| 5 | Financial Plus Credit UnionOttawa, IL | A | 5.75% | 235 | 8.1% | 5.75% |
| 6 | M/i FinancialColumbus, OH | A | 5.88% | 726 | 3.7% | 5.88% |
| 7 | Dhi Mortgage CompanyArlington, TX | B | 5.88% | 1,192 | 13.4% | 5.88% |
| 8 | R.I.A. Federal Credit UnionBettendorf, IA | D | 5.99% | 182 | 20.3% | 5.99% |
| 9 | Bank of AmericaCharlotte, NC | F | 5.99% | 6,817 | 33.5% | 5.99% |
| 10 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.00% | 420 | 8.3% | 6.00% |
| 11 | Village Capital & InvestmentHenderson, NV | C | 6.00% | 787 | 23.8% | 6.00% |
| 12 | Morgan Stanley Private BankNew York, NY | A | 6.05% | 463 | 1.5% | 6.05% |
| 13 | Midwest BankCentreSaint Louis, MO | B | 6.06% | 229 | 6.6% | 6.06% |
| 14 | Stifel Bank and TrustSaint Louis, MO | A | 6.13% | 165 | 1.8% | 6.13% |
| 15 | Homeland MortgageWestmont, IL | A | 6.13% | 287 | 0.0% | 6.13% |
| 16 | NVR Mortgage FinanceReston, VA | B | 6.13% | 411 | 13.6% | 6.13% |
| 17 | Decatur Earthmover Credit UnionForsyth, IL | C | 6.15% | 156 | 16.0% | 6.15% |
| 18 | UMB BankKansas City, | B | 6.15% | 172 | 31.4% | 6.15% |
| 19 | Member First MortgageGrand Rapids, MI | D | 6.19% | 250 | 14.8% | 6.19% |
| 20 | Lakeview Community CapitalTucson, AZ | A | 6.25% | 188 | 1.1% | 6.25% |
| 21 | Liberty Bank for SavingsChicago, IL | C | 6.25% | 223 | 7.6% | 6.25% |
| 22 | CIBC Bank USAChicago, IL | B | 6.25% | 367 | 9.5% | 6.25% |
| 23 | NBKC BankKansas, MO | B | 6.25% | 403 | 14.4% | 6.25% |
| 24 | Planet Home LendingMeriden, CT | B | 6.25% | 434 | 18.9% | 6.25% |
| 25 | Members Alliance Credit UnionLoves Park, IL | C | 6.25% | 521 | 8.8% | 6.25% |
| 26 | CitibankSioux Falls, SD | B | 6.25% | 2,632 | 16.2% | 6.25% |
| 27 | Old National BankEvansville, IN | B | 6.25% | 3,859 | 26.8% | 6.25% |
| 28 | Freedom MortgageBoca Raton, FL | B | 6.25% | 4,316 | 9.6% | 6.25% |
| 29 | Mortgage Research CenterColumbia, MO | C | 6.25% | 5,914 | 16.0% | 6.25% |
| 30 | Cornerstone National Bank & TrustPalatine, IL | A | 6.38% | 121 | 2.5% | 6.38% |
| 31 | Mortgage Center L.cSouthfield, MI | C | 6.38% | 177 | 5.1% | 6.38% |
| 32 | Ruhl MortgageMoline, IL | A | 6.38% | 195 | 1.0% | 6.38% |
| 33 | Illinois StateNormal, IL | B | 6.38% | 221 | 3.6% | 6.38% |
| 34 | Plains Commerce BankSioux Falls, SD | B | 6.38% | 239 | 8.0% | 6.38% |
| 35 | Tomo MortgageNew York, NY | B | 6.38% | 355 | 9.9% | 6.38% |
| 36 | The Anderson Financial GroupChicago, IL | A | 6.38% | 366 | 0.3% | 6.38% |
| 37 | Provident Funding AssociatesSanta Rosa, CA | A | 6.38% | 473 | 10.2% | 6.38% |
| 38 | Marquette BankChicago, IL | B | 6.38% | 644 | 9.3% | 6.38% |
| 39 | USAA Federal Savings BankPhoenix, AZ | C | 6.38% | 678 | 25.1% | 6.38% |
| 40 | I. H. Mississippi Valley Credit UnionMoline, IL | B | 6.38% | 740 | 14.1% | 6.38% |
| 41 | Bethpage Federal Credit UnionBethpage, NY | C | 6.49% | 277 | 42.2% | 6.49% |
| 42 | Empeople Credit UnionMoline, IL | C | 6.49% | 473 | 20.5% | 6.49% |
| 43 | Pennymac Loan ServicesWestlake Village, CA | C | 6.49% | 5,192 | 12.6% | 6.49% |
| 44 | JPMorgan Chase BankColumbus, OH | B | 6.49% | 13,574 | 9.7% | 6.49% |
| 45 | Covantage Credit UnionAntigo, WI | B | 6.50% | 155 | 7.7% | 6.50% |
| 46 | Finance of America ReverseTulsa, OK | C | 6.50% | 164 | 9.8% | 6.50% |
| 47 | Ameris BankAtlanta, GA | B | 6.50% | 170 | 5.9% | 6.50% |
| 48 | ASCENTRA Credit UnionBettendorf, IA | C | 6.50% | 276 | 18.1% | 6.50% |
| 49 | Firsttrust Home LoansSheridan, AR | B | 6.50% | 280 | 1.4% | 6.50% |
| 50 | First Federal BankLake City, FL | B | 6.50% | 280 | 13.2% | 6.50% |
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.
