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 | 5.99% | 617 | 30.8% | 5.99% |
| 2 | United Shore Financial ServicesPlymouth, MI | B | 6.36% | 219 | 9.1% | 6.36% |
| 3 | Mortgage Research CenterColumbia, MO | C | 6.44% | 366 | 15.3% | 6.44% |
| 4 | Guild MortgageSan Diego, CA | A | 6.50% | 198 | 3.0% | 6.50% |
| 5 | Northfield Savings BankNorthfield, VT | B | 6.50% | 319 | 9.7% | 6.50% |
| 6 | Northeast Home LoanChesterfield, NH | A | 6.50% | 524 | 2.1% | 6.50% |
| 7 | Eastrise Federal Credit UnionWilliston, VT | A | 6.50% | 3,529 | 5.1% | 6.50% |
| 8 | Better MortgageNew York, NY | F | 6.63% | 219 | 25.6% | 6.63% |
| 9 | CMG MortgageSan Ramon, CA | A | 6.63% | 459 | 5.7% | 6.63% |
| 10 | Union BankMorristown, VT | B | 6.63% | 641 | 4.5% | 6.63% |
| 11 | Emm LoansCherry Hill, NJ | B | 6.63% | 761 | 1.5% | 6.63% |
| 12 | Fairway Independent MortgageMadison, WI | B | 6.75% | 167 | 10.2% | 6.75% |
| 13 | Mascoma BankLebanon, NH | B | 6.75% | 717 | 16.5% | 6.75% |
| 14 | Vermont Federal Credit UnionSouth Burlington, VT | A | 6.75% | 1,003 | 12.0% | 6.75% |
| 15 | Rocket MortgagePlymouth, MI | C | 6.75% | 1,165 | 22.0% | 6.75% |
| 16 | 802 Credit UnionBarre, VT | B | 6.88% | 328 | 3.7% | 6.88% |
| 17 | Community National BankDerby, VT | A | 6.91% | 306 | 4.9% | 6.91% |
| 18 | Community BankCanton, NY | D | 7.00% | 607 | 13.3% | 7.00% |
| 19 | North CountrySouth Burlington, VT | C | 7.25% | 1,135 | 9.5% | 7.25% |
| 20 | TD BankWilmington, DE | D | 7.49% | 390 | 24.4% | 7.49% |
| 21 | Citizens BankProvidence, RI | C | 7.65% | 826 | 38.9% | 7.65% |
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.
