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 | Cornerstone Community Federal Credit UnionLockport, NY | A | 3.99% | 1,061 | 11.5% | 3.99% |
| 2 | Hudson Valley Credit UnionPoughkeepsie, NY | B | 4.50% | 6,638 | 25.4% | 4.50% |
| 3 | ESL Federal Credit UnionRochester, NY | B | 4.50% | 7,817 | 17.6% | 4.50% |
| 4 | AffinityBasking Ridge, NJ | C | 4.90% | 253 | 40.7% | 4.90% |
| 5 | G.P.O. Federal Credit UnionNew Hartford, NY | C | 4.99% | 560 | 39.5% | 4.99% |
| 6 | NBT BankNorwich, NY | B | 5.00% | 3,012 | 22.1% | 5.00% |
| 7 | First New YorkAlbany, NY | C | 5.49% | 682 | 13.6% | 5.49% |
| 8 | Niagara'S Choice Federal Credit UnionNiagara Falls, NY | C | 5.55% | 192 | 27.6% | 5.55% |
| 9 | Charles Schwab BankWestlake, TX | A | 5.63% | 211 | 7.6% | 5.63% |
| 10 | United Nations Federal Credit UnionNew York, NY | B | 5.75% | 329 | 8.2% | 5.75% |
| 11 | City National BankLos Angeles, CA | B | 5.79% | 240 | 19.2% | 5.79% |
| 12 | Morgan Stanley Private BankNew York, NY | A | 5.80% | 1,283 | 4.7% | 5.80% |
| 13 | UBS Bank USASalt Lake City, UT | A | 5.88% | 448 | 7.8% | 5.88% |
| 14 | TrustCo BankGlenville, NY | B | 5.88% | 2,879 | 20.8% | 5.88% |
| 15 | Planet Home LendingMeriden, CT | B | 5.99% | 352 | 14.5% | 5.99% |
| 16 | HSBC Bank USAMclean, VA | B | 5.99% | 937 | 11.7% | 5.99% |
| 17 | SuffolkMedford, NY | C | 5.99% | 2,289 | 30.4% | 5.99% |
| 18 | Nassau Educators Federal Credit UnionWestbury, NY | B | 5.99% | 3,641 | 41.7% | 5.99% |
| 19 | Bank of AmericaCharlotte, NC | F | 5.99% | 10,193 | 35.7% | 5.99% |
| 20 | Manufacturers and Traders TrustBuffalo, NY | C | 5.99% | 12,335 | 31.3% | 5.99% |
| 21 | CNB BankClearfield, PA | A | 6.00% | 453 | 17.0% | 6.00% |
| 22 | CFCU COMMUNITY Credit UnionIthaca, NY | B | 6.00% | 478 | 12.8% | 6.00% |
| 23 | Stifel Bank and TrustSaint Louis, MO | A | 6.13% | 165 | 5.5% | 6.13% |
| 24 | Bank of HopeLos Angeles, CA | C | 6.13% | 646 | 4.5% | 6.13% |
| 25 | Glens Falls National Bank and TrustGlens Falls, NY | C | 6.13% | 1,338 | 16.4% | 6.13% |
| 26 | Sefcu ServicesAlbany, NY | A | 6.13% | 2,747 | 1.9% | 6.13% |
| 27 | AMERICU Credit UnionRome, NY | C | 6.13% | 3,444 | 24.1% | 6.13% |
| 28 | Wells Fargo BankCharlotte, NC | B | 6.13% | 4,975 | 14.4% | 6.13% |
| 29 | CitibankSioux Falls, SD | B | 6.13% | 7,735 | 17.3% | 6.13% |
| 30 | Corning Credit UnionCorning, NY | A | 6.14% | 1,141 | 11.0% | 6.14% |
| 31 | Self Reliance NYNew York, NY | B | 6.25% | 146 | 7.5% | 6.25% |
| 32 | NVR Mortgage FinanceReston, VA | B | 6.25% | 208 | 7.7% | 6.25% |
| 33 | Amalgamated BankNew York, NY | A | 6.25% | 286 | 3.2% | 6.25% |
| 34 | Geddes Federal Savings and Loan AssociationSyracuse, NY | B | 6.25% | 467 | 6.4% | 6.25% |
| 35 | First Heritage Federal Credit UnionCorning, NY | C | 6.25% | 517 | 22.8% | 6.25% |
| 36 | Ridgewood Savings BankRidgewood, NY | C | 6.25% | 540 | 16.1% | 6.25% |
| 37 | Metro City BankDoraville, GA | B | 6.25% | 650 | 2.8% | 6.25% |
| 38 | Valley National BankPassaic, NJ | B | 6.25% | 959 | 17.0% | 6.25% |
| 39 | Northwest BankWarren, PA | B | 6.25% | 1,443 | 18.5% | 6.25% |
| 40 | Sidney Federal Credit UnionSidney, NY | B | 6.25% | 1,479 | 12.0% | 6.25% |
| 41 | Tompkins Community BankIthaca, NY | B | 6.25% | 1,592 | 17.4% | 6.25% |
| 42 | Mortgage Research CenterColumbia, MO | C | 6.25% | 1,648 | 21.7% | 6.25% |
| 43 | U.S. BankCincinnati, OH | D | 6.25% | 2,629 | 29.4% | 6.25% |
| 44 | Broadview Federal Credit UnionAlbany, NY | C | 6.25% | 7,432 | 26.7% | 6.25% |
| 45 | Hudson River CommunityCorinth, NY | C | 6.28% | 402 | 36.1% | 6.28% |
| 46 | Stg MortgageIrvine, CA | C | 6.38% | 188 | 4.8% | 6.38% |
| 47 | Watertown Savings BankWatertown, NY | A | 6.38% | 195 | 5.6% | 6.38% |
| 48 | Sun West Mortgage CompanyCerritos, CA | B | 6.38% | 211 | 12.3% | 6.38% |
| 49 | Luminate BankMinneapolis, MN | B | 6.38% | 308 | 3.6% | 6.38% |
| 50 | Longbridge FinancialMahwah, NJ | F | 6.38% | 335 | 8.1% | 6.38% |
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.
