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 | InovaElkhart, IN | B | 2.99% | 449 | 15.8% | 2.99% |
| 2 | Taylor Morrison Home FundingMaitland, FL | A | 4.99% | 331 | 16.3% | 4.99% |
| 3 | Lennar MortgageMiami, FL | A | 4.99% | 2,761 | 14.0% | 4.99% |
| 4 | Dhi Mortgage CompanyArlington, TX | B | 5.25% | 1,741 | 14.7% | 5.25% |
| 5 | M/i FinancialColumbus, OH | A | 5.38% | 535 | 7.1% | 5.38% |
| 6 | Pulte MortgageWilmington, DE | A | 5.50% | 862 | 11.8% | 5.50% |
| 7 | Centra Credit UnionColumbus, IN | A | 5.63% | 2,991 | 7.8% | 5.63% |
| 8 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 656 | 21.5% | 5.75% |
| 9 | Regions BankBirmingham, AL | C | 5.88% | 2,203 | 35.5% | 5.88% |
| 10 | Vanderbilt Mortgage and FinanceMaryville, TN | F | 5.88% | 2,674 | 18.3% | 5.88% |
| 11 | Planet Home LendingMeriden, CT | B | 5.99% | 337 | 15.7% | 5.99% |
| 12 | Bank of AmericaCharlotte, NC | F | 5.99% | 1,235 | 36.3% | 5.99% |
| 13 | First Financial BankCincinnati, OH | D | 5.99% | 4,270 | 24.3% | 5.99% |
| 14 | Pennymac Loan ServicesWestlake Village, CA | C | 6.00% | 3,080 | 10.7% | 6.00% |
| 15 | WesBanco BankWheeling, | B | 6.00% | 355 | 17.5% | 6.00% |
| 16 | Horizon BankMichigan City, IN | A | 6.00% | 2,853 | 20.9% | 6.00% |
| 17 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.12% | 279 | 5.7% | 6.12% |
| 18 | NBKC BankKansas, MO | B | 6.13% | 204 | 17.2% | 6.13% |
| 19 | Republic Bank & TrustLouisville, KY | B | 6.13% | 319 | 7.5% | 6.13% |
| 20 | Victory MortgageErlanger, KY | A | 6.13% | 382 | 5.0% | 6.13% |
| 21 | American FinancingAurora, CO | D | 6.13% | 543 | 47.0% | 6.13% |
| 22 | First Harrison BankCorydon, IN | B | 6.13% | 623 | 9.8% | 6.13% |
| 23 | NVR Mortgage FinanceReston, VA | B | 6.13% | 658 | 22.6% | 6.13% |
| 24 | Northwest BankWarren, PA | B | 6.13% | 687 | 19.4% | 6.13% |
| 25 | STAR Financial BankFort Wayne, IN | C | 6.13% | 1,562 | 27.7% | 6.13% |
| 26 | Old National BankEvansville, IN | B | 6.24% | 4,179 | 21.0% | 6.24% |
| 27 | Regional Federal Credit UnionHammond, IN | C | 6.25% | 122 | 11.5% | 6.25% |
| 28 | Sun West Mortgage CompanyCerritos, CA | B | 6.25% | 196 | 12.8% | 6.25% |
| 29 | University BankAnn Arbor, MI | A | 6.25% | 275 | 0.7% | 6.25% |
| 30 | Elements Financial Federal Credit UnionIndianapolis, IN | B | 6.25% | 1,640 | 10.7% | 6.25% |
| 31 | Indiana Members Credit UnionIndianapolis, IN | B | 6.25% | 3,464 | 12.2% | 6.25% |
| 32 | Mortgage Research CenterColumbia, MO | C | 6.25% | 4,791 | 19.0% | 6.25% |
| 33 | Freedom MortgageBoca Raton, FL | B | 6.25% | 5,454 | 8.9% | 6.25% |
| 34 | Provident Funding AssociatesSanta Rosa, CA | A | 6.38% | 298 | 6.0% | 6.38% |
| 35 | USAA Federal Savings BankPhoenix, AZ | C | 6.38% | 550 | 22.4% | 6.38% |
| 36 | Lakeview Loan ServicingCoral Gables, FL | C | 6.38% | 1,013 | 48.3% | 6.38% |
| 37 | Mutual of Omaha MortgageSan Diego, CA | C | 6.38% | 1,155 | 21.0% | 6.38% |
| 38 | United Shore Financial ServicesPlymouth, MI | B | 6.38% | 8,659 | 12.2% | 6.38% |
| 39 | Endeavor Capital, LLC.Chesterfield, MO | C | 6.49% | 180 | 2.2% | 6.49% |
| 40 | Magnolia BankHodgenville, KY | C | 6.49% | 260 | 8.5% | 6.49% |
| 41 | MidWest America Federal Credit UnionFort Wayne, IN | C | 6.49% | 892 | 8.4% | 6.49% |
| 42 | Jackson County BankSeymour, IN | B | 6.49% | 900 | 10.8% | 6.49% |
| 43 | PHH MortgageMount Laurel, NJ | C | 6.50% | 465 | 10.5% | 6.50% |
| 44 | The Hometown Savings BankTerre Haute, IN | B | 6.50% | 150 | 8.0% | 6.50% |
| 45 | Point MortgageCoral Gables, FL | B | 6.50% | 153 | 2.6% | 6.50% |
| 46 | First Equity MortgageFort Mitchell, KY | C | 6.50% | 167 | 5.4% | 6.50% |
| 47 | Plains Commerce BankSioux Falls, SD | B | 6.50% | 180 | 6.1% | 6.50% |
| 48 | Churchill MortgageBrentwood, TN | B | 6.50% | 198 | 2.5% | 6.50% |
| 49 | Polaris Home FundingGrandville, MI | C | 6.50% | 212 | 7.1% | 6.50% |
| 50 | Ark-La-Tex Financial Services, LLC.Plano, TX | A | 6.50% | 225 | 2.7% | 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.
