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 | Bank of AmericaCharlotte, NC | F | 6.24% | 1,298 | 39.1% | 6.24% |
| 2 | Mortgage Research CenterColumbia, MO | C | 6.25% | 368 | 22.3% | 6.25% |
| 3 | Freedom MortgageBoca Raton, FL | B | 6.25% | 584 | 7.7% | 6.25% |
| 4 | Leader BankArlington, MA | A | 6.38% | 149 | 2.0% | 6.38% |
| 5 | JPMorgan Chase BankColumbus, OH | B | 6.38% | 242 | 9.5% | 6.38% |
| 6 | United Shore Financial ServicesPlymouth, MI | B | 6.38% | 780 | 18.0% | 6.38% |
| 7 | The Washington Trust Company, of WesterlyWesterly, RI | C | 6.38% | 1,755 | 21.9% | 6.38% |
| 8 | Centreville BankWest Warwick, RI | B | 6.49% | 542 | 12.9% | 6.49% |
| 9 | Pennymac Loan ServicesWestlake Village, CA | C | 6.50% | 557 | 12.4% | 6.50% |
| 10 | Mortgage Equity PartnersLynnfield, MA | B | 6.50% | 164 | 1.8% | 6.50% |
| 11 | Guaranteed Rate AffinityChicago, IL | A | 6.50% | 182 | 8.2% | 6.50% |
| 12 | Semper Home LoansWilmington, DE | C | 6.50% | 261 | 3.5% | 6.50% |
| 13 | Baycoast Mortgage CompanySwansea, MA | A | 6.50% | 548 | 2.9% | 6.50% |
| 14 | Navigant Credit UnionSmithfield, RI | B | 6.50% | 2,847 | 16.1% | 6.50% |
| 15 | Guaranteed RateChicago, IL | B | 6.58% | 426 | 5.6% | 6.58% |
| 16 | Embrace Home LoansMiddletown, RI | A | 6.63% | 153 | 9.8% | 6.63% |
| 17 | Paramount Residential Mortgage GroupCorona, CA | B | 6.63% | 217 | 1.8% | 6.63% |
| 18 | Harborone MortgageBrockton, MA | B | 6.63% | 221 | 4.1% | 6.63% |
| 19 | U.S. BankCincinnati, OH | D | 6.63% | 261 | 20.3% | 6.63% |
| 20 | Home Loan Investment BankWarwick, RI | F | 6.63% | 289 | 8.0% | 6.63% |
| 21 | Northpointe BankGrand Rapids, MI | C | 6.63% | 298 | 6.0% | 6.63% |
| 22 | Fall River Five Cents Savings BankFall River, MA | B | 6.63% | 345 | 9.6% | 6.63% |
| 23 | American Neighborhood Mortgage Acceptance CompanyMount Laurel, NJ | B | 6.63% | 488 | 3.9% | 6.63% |
| 24 | Broker SolutionsTustin, CA | D | 6.63% | 522 | 6.1% | 6.63% |
| 25 | NewrezWilmington, DE | D | 6.63% | 638 | 19.4% | 6.63% |
| 26 | Guild MortgageSan Diego, CA | A | 6.63% | 731 | 3.2% | 6.63% |
| 27 | CMG MortgageSan Ramon, CA | A | 6.63% | 992 | 7.6% | 6.63% |
| 28 | BankNewportMiddletown, RI | B | 6.63% | 1,014 | 19.7% | 6.63% |
| 29 | Primary Residential MortgageSalt Lake City, UT | C | 6.63% | 1,056 | 8.4% | 6.63% |
| 30 | Movement MortgageLancaster, SC | A | 6.63% | 1,308 | 3.6% | 6.63% |
| 31 | Fairway Independent MortgageMadison, WI | B | 6.75% | 152 | 6.6% | 6.75% |
| 32 | Brookline BankBoston, MA | B | 6.75% | 192 | 16.2% | 6.75% |
| 33 | Total Mortgage ServicesMilford, CT | B | 6.75% | 204 | 2.5% | 6.75% |
| 34 | The People's Credit UnionMiddletown, RI | D | 6.75% | 260 | 18.5% | 6.75% |
| 35 | Crosscountry MortgageCleveland, OH | B | 6.75% | 323 | 7.4% | 6.75% |
| 36 | Province Mortgage AssociatesEast Providence, RI | C | 6.75% | 355 | 6.2% | 6.75% |
| 37 | Greenwood Credit UnionWarwick, RI | C | 6.75% | 499 | 23.5% | 6.75% |
| 38 | NFMLinthicum, MD | A | 6.75% | 556 | 1.6% | 6.75% |
| 39 | Rocket MortgagePlymouth, MI | C | 6.75% | 1,430 | 19.7% | 6.75% |
| 40 | COASTAL1 Credit UnionPawtucket, RI | B | 6.75% | 1,931 | 24.3% | 6.75% |
| 41 | Webster BankStamford, CT | C | 6.79% | 206 | 21.4% | 6.79% |
| 42 | Loandepot.ComIrvine, CA | D | 6.88% | 684 | 24.4% | 6.88% |
| 43 | Rhode Island Credit UnionWarwick, RI | F | 6.99% | 551 | 31.0% | 6.99% |
| 44 | Westerly CommunityWakefield, RI | C | 6.99% | 575 | 17.2% | 6.99% |
| 45 | BayCoast BankSwansea, MA | A | 7.25% | 204 | 11.3% | 7.25% |
| 46 | Bank Rhode IslandBoston, MA | C | 7.25% | 277 | 26.4% | 7.25% |
| 47 | Navy Federal Credit UnionVienna, VA | D | 7.34% | 526 | 16.7% | 7.34% |
| 48 | Citizens BankProvidence, RI | C | 7.40% | 6,329 | 27.8% | 7.40% |
| 49 | Nationstar MortgageCoppell, TX | C | 7.49% | 283 | 14.5% | 7.49% |
| 50 | TD BankWilmington, DE | D | 7.64% | 320 | 33.1% | 7.64% |
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.
