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 | Dhi Mortgage CompanyArlington, TX | B | 4.75% | 1,465 | 15.2% | 4.75% |
| 2 | Schumacher MortgageCanton, OH | A | 5.38% | 219 | 1.8% | 5.38% |
| 3 | Pulte MortgageWilmington, DE | A | 5.63% | 1,408 | 9.5% | 5.63% |
| 4 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 1,152 | 21.9% | 5.75% |
| 5 | Rmc Home MortgageWexford, PA | B | 5.88% | 482 | 5.4% | 5.88% |
| 6 | Victory MortgageErlanger, KY | A | 5.88% | 1,355 | 3.8% | 5.88% |
| 7 | M/i FinancialColumbus, OH | A | 5.88% | 1,365 | 1.2% | 5.88% |
| 8 | K. Hovnanian American MortgagePerth Amboy, FL | B | 5.99% | 309 | 7.8% | 5.99% |
| 9 | Republic Bank & TrustLouisville, KY | B | 5.99% | 367 | 12.3% | 5.99% |
| 10 | General Electric Credit UnionBlue Ash, OH | A | 5.99% | 1,213 | 11.1% | 5.99% |
| 11 | Bank of AmericaCharlotte, NC | F | 5.99% | 2,149 | 33.7% | 5.99% |
| 12 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.00% | 343 | 7.6% | 6.00% |
| 13 | Morgan Stanley Private BankNew York, NY | A | 6.00% | 158 | 2.5% | 6.00% |
| 14 | Northwest BankWarren, PA | B | 6.00% | 343 | 23.0% | 6.00% |
| 15 | LoanUnited.comDuluth, GA | C | 6.13% | 305 | 10.2% | 6.13% |
| 16 | Planet Home LendingMeriden, CT | B | 6.13% | 545 | 19.1% | 6.13% |
| 17 | First Commonwealth BankIndiana, PA | C | 6.13% | 2,066 | 18.2% | 6.13% |
| 18 | NBKC BankKansas, MO | B | 6.19% | 276 | 15.9% | 6.19% |
| 19 | Mechanics BankMansfield, OH | B | 6.19% | 628 | 3.5% | 6.19% |
| 20 | CME Federal Credit UnionColumbus, OH | C | 6.25% | 245 | 28.2% | 6.25% |
| 21 | CNB BankClearfield, PA | A | 6.25% | 285 | 9.1% | 6.25% |
| 22 | Prosperity Home MortgageFairfax, VA | A | 6.25% | 352 | 12.8% | 6.25% |
| 23 | Bridge Credit UnionColumbus, OH | C | 6.25% | 391 | 18.7% | 6.25% |
| 24 | Unnamed lender 254900M2C4Q6DATP2889 | F | 6.25% | 699 | 21.2% | 6.25% |
| 25 | USAA Federal Savings BankPhoenix, AZ | C | 6.25% | 836 | 25.1% | 6.25% |
| 26 | NVR Mortgage FinanceReston, VA | B | 6.25% | 2,433 | 15.8% | 6.25% |
| 27 | First Financial BankCincinnati, OH | D | 6.25% | 4,284 | 22.3% | 6.25% |
| 28 | Freedom MortgageBoca Raton, FL | B | 6.25% | 5,665 | 8.8% | 6.25% |
| 29 | Mortgage Research CenterColumbia, MO | C | 6.25% | 6,947 | 18.3% | 6.25% |
| 30 | City National Bank of West VirginiaCharleston, WV | C | 6.29% | 251 | 27.5% | 6.29% |
| 31 | Sun West Mortgage CompanyCerritos, CA | B | 6.36% | 404 | 10.9% | 6.36% |
| 32 | Day-Met Credit UnionDayton, OH | A | 6.38% | 103 | 0.0% | 6.38% |
| 33 | S&T BankIndiana, PA | B | 6.38% | 210 | 21.0% | 6.38% |
| 34 | Endeavor Capital, LLC.Chesterfield, MO | C | 6.38% | 220 | 2.7% | 6.38% |
| 35 | Truist BankCharlotte, NC | C | 6.38% | 344 | 33.7% | 6.38% |
| 36 | 1st National BankLebanon, OH | A | 6.38% | 391 | 0.8% | 6.38% |
| 37 | Provident Funding AssociatesSanta Rosa, CA | A | 6.38% | 423 | 6.4% | 6.38% |
| 38 | First Equity MortgageFort Mitchell, KY | C | 6.38% | 518 | 10.0% | 6.38% |
| 39 | PHH MortgageMount Laurel, NJ | C | 6.38% | 563 | 7.6% | 6.38% |
| 40 | Wells Fargo BankCharlotte, NC | B | 6.38% | 726 | 15.7% | 6.38% |
| 41 | American FinancingAurora, CO | D | 6.38% | 845 | 44.0% | 6.38% |
| 42 | WesBanco BankWheeling, | B | 6.38% | 4,383 | 17.3% | 6.38% |
| 43 | United Shore Financial ServicesPlymouth, MI | B | 6.45% | 14,626 | 13.1% | 6.45% |
| 44 | Pathways Financial Credit UnionColumbus, OH | C | 6.49% | 565 | 26.7% | 6.49% |
| 45 | First National Bank of PennsylvaniaHermitage, PA | B | 6.49% | 2,206 | 23.9% | 6.49% |
| 46 | Pennymac Loan ServicesWestlake Village, CA | C | 6.49% | 5,767 | 11.8% | 6.49% |
| 47 | Emm LoansCherry Hill, NJ | B | 6.50% | 167 | 7.8% | 6.50% |
| 48 | First Colony MortgageOrem, UT | A | 6.50% | 198 | 2.0% | 6.50% |
| 49 | 3rd Street FinancialWest Chester, OH | B | 6.50% | 202 | 0.0% | 6.50% |
| 50 | West Penn Financial Service CenterWexford, PA | B | 6.50% | 212 | 4.3% | 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.
