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 | 3.38% | 229 | 14.0% | 3.38% |
| 2 | Velocio MortgageSan Antonio, TX | A | 4.25% | 4,020 | 3.8% | 4.25% |
| 3 | Lennar MortgageMiami, FL | A | 4.50% | 21,959 | 20.5% | 4.50% |
| 4 | Dhi Mortgage CompanyArlington, TX | B | 4.50% | 26,348 | 13.5% | 4.50% |
| 5 | Inspire Home LoansNewport Beach, CA | B | 4.88% | 1,648 | 10.9% | 4.88% |
| 6 | M/i FinancialColumbus, OH | A | 4.88% | 2,534 | 3.4% | 4.88% |
| 7 | Colina Mortgage GroupHouston, TX | B | 4.99% | 276 | 12.3% | 4.99% |
| 8 | Unnamed lender 2549004YKXDDHUWUOH37 | A | 4.99% | 620 | 0.2% | 4.99% |
| 9 | Pulte MortgageWilmington, DE | A | 4.99% | 4,549 | 14.6% | 4.99% |
| 10 | Homeamerican MortgageDenver, CO | A | 5.00% | 131 | 6.1% | 5.00% |
| 11 | Taylor Morrison Home FundingMaitland, FL | A | 5.13% | 2,740 | 10.4% | 5.13% |
| 12 | Unnamed lender 549300UK9R93LGQHOV21 | A | 5.25% | 553 | 0.4% | 5.25% |
| 13 | Jnc Mortgage CompanyEl Paso, TX | A | 5.38% | 175 | 0.0% | 5.38% |
| 14 | Raymond James BankSaint Petersburg, FL | A | 5.44% | 177 | 5.7% | 5.44% |
| 15 | Unnamed lender 254900H565SUNWJ0IV44 | A | 5.49% | 288 | 0.0% | 5.49% |
| 16 | Highland HomeloansPlano, TX | A | 5.49% | 456 | 3.1% | 5.49% |
| 17 | Clm MortgageHouston, TX | A | 5.49% | 2,009 | 0.9% | 5.49% |
| 18 | Charles Schwab BankWestlake, TX | A | 5.50% | 379 | 4.0% | 5.50% |
| 19 | Jet HomeloansJacksonville, FL | A | 5.50% | 2,833 | 4.3% | 5.50% |
| 20 | Patriot MortgageEl Paso, TX | A | 5.63% | 260 | 1.5% | 5.63% |
| 21 | Clearpath LendingIrvine, CA | B | 5.63% | 272 | 6.6% | 5.63% |
| 22 | Mattamy Home FundingDover, DE | A | 5.63% | 313 | 9.3% | 5.63% |
| 23 | Grace Home LendingHouston, TX | A | 5.63% | 730 | 1.0% | 5.63% |
| 24 | Rocky Mountain MortgageEl Paso, TX | C | 5.68% | 1,240 | 18.6% | 5.68% |
| 25 | Southwest Airlines Federal Credit UnionDallas, TX | B | 5.75% | 199 | 32.7% | 5.75% |
| 26 | Lendlo MortgageHouston, TX | A | 5.75% | 230 | 1.3% | 5.75% |
| 27 | Southern Lending ServicesHouston, TX | A | 5.75% | 241 | 0.4% | 5.75% |
| 28 | First Continental MortgageHouston, TX | A | 5.75% | 259 | 0.0% | 5.75% |
| 29 | Heritage MortgageMadison, AL | A | 5.75% | 280 | 2.5% | 5.75% |
| 30 | Stone Meadow LendingHouston, TX | A | 5.75% | 466 | 3.7% | 5.75% |
| 31 | Stonewood Home LendingMcallen, TX | A | 5.75% | 552 | 1.5% | 5.75% |
| 32 | Brookhollow Mortgage ServicesAddison, TX | A | 5.75% | 575 | 0.7% | 5.75% |
| 33 | Brightland Mortgage ServicesHouston, TX | A | 5.75% | 908 | 0.8% | 5.75% |
| 34 | Priority Home MortgageAustin, TX | A | 5.75% | 1,309 | 0.3% | 5.75% |
| 35 | Republic State MortgageHouston, TX | A | 5.75% | 1,453 | 1.1% | 5.75% |
| 36 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 2,390 | 9.1% | 5.75% |
| 37 | UBS Bank USASalt Lake City, UT | A | 5.88% | 275 | 10.2% | 5.88% |
| 38 | Home Financing UnlimitedAustin, TX | B | 5.88% | 400 | 6.0% | 5.88% |
| 39 | Rave Financial Credit UnionBeaumont, TX | B | 5.88% | 456 | 31.6% | 5.88% |
| 40 | K. Hovnanian American MortgagePerth Amboy, FL | B | 5.88% | 1,228 | 19.6% | 5.88% |
| 41 | Morgan Stanley Private BankNew York, NY | A | 5.90% | 777 | 4.9% | 5.90% |
| 42 | MidFirst BankOklahoma City, OK | B | 5.93% | 526 | 15.0% | 5.93% |
| 43 | Towne MortgageTroy, MI | B | 5.99% | 977 | 2.8% | 5.99% |
| 44 | Crestmark Mortgage CompanyHouston, TX | A | 5.99% | 1,296 | 0.8% | 5.99% |
| 45 | Parkstone MortgageHouston, TX | A | 5.99% | 1,443 | 0.4% | 5.99% |
| 46 | Planet Home LendingMeriden, CT | B | 5.99% | 2,002 | 14.6% | 5.99% |
| 47 | Loandepot.ComIrvine, CA | D | 5.99% | 14,655 | 23.5% | 5.99% |
| 48 | Traditional Mortgage AcceptanceBaltimore, MD | B | 6.00% | 151 | 11.9% | 6.00% |
| 49 | Stifel Bank and TrustSaint Louis, MO | A | 6.00% | 158 | 1.9% | 6.00% |
| 50 | Veritex Community BankDallas, TX | B | 6.00% | 200 | 5.5% | 6.00% |
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.
