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% | 250 | 28.4% | 5.99% |
| 2 | Bank of AmericaCharlotte, NC | F | 6.13% | 712 | 30.8% | 6.13% |
| 3 | Affordable Mortgage Advisors, LLC.Pittsburgh, PA | B | 6.25% | 162 | 0.0% | 6.25% |
| 4 | Freedom MortgageBoca Raton, FL | B | 6.25% | 749 | 7.6% | 6.25% |
| 5 | Mortgage Research CenterColumbia, MO | C | 6.25% | 1,104 | 17.6% | 6.25% |
| 6 | Mutual of Omaha MortgageSan Diego, CA | C | 6.38% | 266 | 16.9% | 6.38% |
| 7 | JPMorgan Chase BankColumbus, OH | B | 6.38% | 279 | 13.3% | 6.38% |
| 8 | Service Federal Credit UnionPortsmouth, NH | C | 6.49% | 203 | 23.2% | 6.49% |
| 9 | Empeople Credit UnionMoline, IL | C | 6.49% | 485 | 33.4% | 6.49% |
| 10 | Guaranteed RateChicago, IL | B | 6.50% | 500 | 5.8% | 6.50% |
| 11 | Pennymac Loan ServicesWestlake Village, CA | C | 6.50% | 654 | 12.5% | 6.50% |
| 12 | Evergreen Credit UnionPortland, ME | D | 6.50% | 976 | 30.6% | 6.50% |
| 13 | United Shore Financial ServicesPlymouth, MI | B | 6.50% | 2,675 | 9.1% | 6.50% |
| 14 | DAS Acquisition CompanySt. Louis, MO | B | 6.63% | 149 | 7.4% | 6.63% |
| 15 | Paramount Residential Mortgage GroupCorona, CA | B | 6.63% | 215 | 5.1% | 6.63% |
| 16 | T2 FinancialWesterville, OH | B | 6.63% | 265 | 5.3% | 6.63% |
| 17 | Cumberland CountyFalmouth, ME | C | 6.63% | 310 | 11.6% | 6.63% |
| 18 | U.S. BankCincinnati, OH | D | 6.63% | 334 | 21.0% | 6.63% |
| 19 | Northpoint MortgageSturbridge, MA | A | 6.63% | 431 | 2.6% | 6.63% |
| 20 | Androscoggin Savings BankLewiston, ME | A | 6.63% | 456 | 2.0% | 6.63% |
| 21 | Cuso MortgageHampden, ME | C | 6.63% | 481 | 18.1% | 6.63% |
| 22 | Fairway Independent MortgageMadison, WI | B | 6.63% | 509 | 3.5% | 6.63% |
| 23 | Crosscountry MortgageCleveland, OH | B | 6.63% | 601 | 4.2% | 6.63% |
| 24 | NewrezWilmington, DE | D | 6.63% | 857 | 18.7% | 6.63% |
| 25 | Guild MortgageSan Diego, CA | A | 6.63% | 1,838 | 5.3% | 6.63% |
| 26 | CMG MortgageSan Ramon, CA | A | 6.63% | 2,251 | 4.2% | 6.63% |
| 27 | Leaderone FinancialOverland Park, KS | D | 6.75% | 260 | 7.7% | 6.75% |
| 28 | Broker SolutionsTustin, CA | D | 6.75% | 876 | 10.3% | 6.75% |
| 29 | Rocket MortgagePlymouth, MI | C | 6.75% | 2,628 | 22.9% | 6.75% |
| 30 | University Credit UnionOrono, ME | C | 6.88% | 301 | 11.6% | 6.88% |
| 31 | Total Mortgage ServicesMilford, CT | B | 6.88% | 441 | 3.6% | 6.88% |
| 32 | Loandepot.ComIrvine, CA | D | 6.88% | 660 | 28.3% | 6.88% |
| 33 | The Camden National BankCamden, ME | A | 6.99% | 2,559 | 13.2% | 6.99% |
| 34 | Bath Savings InstitutionBath, ME | C | 7.00% | 296 | 12.2% | 7.00% |
| 35 | Kennebec Savings BankAugusta, ME | B | 7.00% | 1,493 | 9.6% | 7.00% |
| 36 | Town & Country Federal Credit UnionSouth Portland, ME | C | 7.24% | 935 | 17.0% | 7.24% |
| 37 | Bar Harbor Bank & TrustBar Harbor, ME | D | 7.25% | 361 | 19.7% | 7.25% |
| 38 | Navy Federal Credit UnionVienna, VA | D | 7.25% | 621 | 17.1% | 7.25% |
| 39 | Maine Savings Federal Credit UnionHampden, | B | 7.25% | 889 | 18.8% | 7.25% |
| 40 | Norway Savings BankNorway, ME | B | 7.25% | 928 | 15.4% | 7.25% |
| 41 | Bangor Savings BankBangor, ME | B | 7.25% | 4,518 | 17.2% | 7.25% |
| 42 | TD BankWilmington, DE | D | 7.35% | 1,244 | 20.2% | 7.35% |
| 43 | Nationstar MortgageCoppell, TX | C | 7.38% | 437 | 14.9% | 7.38% |
| 44 | Citizens BankProvidence, RI | C | 7.40% | 412 | 22.8% | 7.40% |
| 45 | Lighthouse Federal Credit UnionPortsmouth, NH | D | 7.49% | 597 | 30.3% | 7.49% |
| 46 | Seaboard Federal Credit UnionBucksport, ME | C | 7.50% | 189 | 24.3% | 7.50% |
| 47 | Sis Bancorp, MHCSanford, ME | B | 7.50% | 296 | 8.5% | 7.50% |
| 48 | Truchoice Federal Credit UnionSouth Portland, ME | C | 7.50% | 308 | 7.1% | 7.50% |
| 49 | KeyBankCleveland, OH | C | 7.50% | 413 | 27.9% | 7.50% |
| 50 | Machias Savings BankMachias, ME | D | 7.50% | 837 | 21.9% | 7.50% |
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.
