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 | Horizon Federally Insured State-Chartered Credit UnionSpokane Valley, WA | C | 2.99% | 270 | 34.4% | 2.99% |
| 2 | Calcon Mutual MortgageSan Diego, CA | D | 5.99% | 220 | 8.2% | 5.99% |
| 3 | LowerColumbia, MD | C | 6.00% | 300 | 8.0% | 6.00% |
| 4 | Bank of AmericaCharlotte, NC | F | 6.00% | 306 | 27.1% | 6.00% |
| 5 | Freedom MortgageBoca Raton, FL | B | 6.00% | 724 | 8.6% | 6.00% |
| 6 | Churchill MortgageBrentwood, TN | B | 6.13% | 237 | 1.7% | 6.13% |
| 7 | Fairway Independent MortgageMadison, WI | B | 6.13% | 296 | 4.4% | 6.13% |
| 8 | Mortgage Research CenterColumbia, MO | C | 6.13% | 940 | 16.7% | 6.13% |
| 9 | Lakeview Loan ServicingCoral Gables, FL | C | 6.25% | 272 | 34.9% | 6.25% |
| 10 | Altana Federal Credit UnionBillings, MT | A | 6.25% | 474 | 17.7% | 6.25% |
| 11 | Guild MortgageSan Diego, CA | A | 6.25% | 733 | 3.7% | 6.25% |
| 12 | Evergreen Moneysource MortgageBellevue, WA | B | 6.25% | 1,158 | 1.1% | 6.25% |
| 13 | United Shore Financial ServicesPlymouth, MI | B | 6.25% | 1,857 | 9.2% | 6.25% |
| 14 | Barrington Bank & Trust CompanyBarrington, IL | C | 6.28% | 188 | 5.3% | 6.28% |
| 15 | The Loan StoreSan Francisco, CA | B | 6.38% | 137 | 5.8% | 6.38% |
| 16 | JPMorgan Chase BankColumbus, OH | B | 6.38% | 252 | 8.3% | 6.38% |
| 17 | Wells Fargo BankCharlotte, NC | B | 6.38% | 281 | 15.7% | 6.38% |
| 18 | Mutual of Omaha MortgageSan Diego, CA | C | 6.43% | 220 | 17.3% | 6.43% |
| 19 | Union Home MortgageStrongsville, OH | B | 6.50% | 245 | 4.5% | 6.50% |
| 20 | Synergy One LendingSan Diego, CA | C | 6.50% | 273 | 8.4% | 6.50% |
| 21 | Kind LendingIrvine, CA | C | 6.50% | 450 | 21.1% | 6.50% |
| 22 | NewrezWilmington, DE | D | 6.50% | 481 | 15.0% | 6.50% |
| 23 | Guaranteed RateChicago, IL | B | 6.50% | 758 | 6.3% | 6.50% |
| 24 | Pennymac Loan ServicesWestlake Village, CA | C | 6.62% | 667 | 11.8% | 6.62% |
| 25 | Primelending, a PlainscapitalDallas, TX | A | 6.63% | 211 | 2.4% | 6.63% |
| 26 | Cornerstone Capital BankHouston, TX | A | 6.63% | 264 | 1.1% | 6.63% |
| 27 | Crosscountry MortgageCleveland, OH | B | 6.63% | 920 | 5.1% | 6.63% |
| 28 | Montana Federal Credit UnionGreat Falls, MT | C | 6.74% | 141 | 10.6% | 6.74% |
| 29 | Broker SolutionsTustin, CA | D | 6.75% | 495 | 11.9% | 6.75% |
| 30 | Rocket MortgagePlymouth, MI | C | 6.75% | 1,999 | 17.5% | 6.75% |
| 31 | Opportunity Bank of MontanaHelena, MT | B | 6.88% | 1,608 | 9.8% | 6.88% |
| 32 | Stockman Bank of MontanaMiles City, MT | B | 6.88% | 2,911 | 6.3% | 6.88% |
| 33 | Navy Federal Credit UnionVienna, VA | D | 6.94% | 384 | 18.8% | 6.94% |
| 34 | Mountain America Federal Credit UnionSandy, UT | D | 6.95% | 275 | 40.0% | 6.95% |
| 35 | Loandepot.ComIrvine, CA | D | 6.99% | 406 | 27.3% | 6.99% |
| 36 | U.S. BankCincinnati, OH | D | 7.13% | 1,024 | 27.1% | 7.13% |
| 37 | CLEARWATER Federal Credit UnionMissoula, MT | D | 7.25% | 251 | 16.3% | 7.25% |
| 38 | Valley Financial Credit UnionBillings, MT | D | 7.25% | 343 | 21.6% | 7.25% |
| 39 | Glacier BankKalispell, MT | D | 7.25% | 3,018 | 16.2% | 7.25% |
| 40 | Nationstar MortgageCoppell, TX | C | 7.99% | 323 | 15.2% | 7.99% |
| 41 | AmeriSave MortgageSandy Springs, GA | D | 8.00% | 456 | 61.6% | 8.00% |
| 42 | First Interstate BankBillings, MT | D | 8.25% | 987 | 22.9% | 8.25% |
| 43 | Figure LendingCharlotte, NC | C | 8.53% | 281 | 28.1% | 8.53% |
| 44 | Spring EqConshohocken, PA | D | 8.86% | 301 | 46.2% | 8.86% |
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.
