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 | Chartway Federal Credit UnionVirginia Beach, VA | B | 2.99% | 1,028 | 25.7% | 2.99% |
| 2 | Homeamerican MortgageDenver, CO | A | 5.00% | 289 | 8.0% | 5.00% |
| 3 | Dhi Mortgage CompanyArlington, TX | B | 5.50% | 962 | 10.0% | 5.50% |
| 4 | Charles Schwab BankWestlake, TX | A | 5.63% | 139 | 2.9% | 5.63% |
| 5 | Clearpath LendingIrvine, CA | B | 5.69% | 164 | 11.6% | 5.69% |
| 6 | State Employees Credit Union of MarylandLinthicum, MD | D | 5.75% | 297 | 30.6% | 5.75% |
| 7 | United Nations Federal Credit UnionNew York, NY | B | 5.75% | 487 | 10.1% | 5.75% |
| 8 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 1,614 | 16.4% | 5.75% |
| 9 | Credit Union Mortgage AssociationWilmington, DE | B | 5.88% | 393 | 4.6% | 5.88% |
| 10 | Morgan Stanley Private BankNew York, NY | A | 5.95% | 320 | 2.2% | 5.95% |
| 11 | Lakeview Community CapitalTucson, AZ | A | 5.99% | 161 | 1.9% | 5.99% |
| 12 | First Federal BankLake City, FL | B | 5.99% | 266 | 7.5% | 5.99% |
| 13 | Beacon Credit UnionLynchburg, VA | C | 5.99% | 307 | 31.6% | 5.99% |
| 14 | Sun West Mortgage CompanyCerritos, CA | B | 5.99% | 458 | 14.6% | 5.99% |
| 15 | Planet Home LendingMeriden, CT | B | 5.99% | 614 | 14.0% | 5.99% |
| 16 | Manufacturers and Traders TrustBuffalo, NY | C | 5.99% | 1,564 | 28.5% | 5.99% |
| 17 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.00% | 478 | 7.5% | 6.00% |
| 18 | Blue Eagle Credit UnionRoanoke, VA | C | 6.00% | 299 | 14.7% | 6.00% |
| 19 | United Shore Financial ServicesPlymouth, MI | B | 6.12% | 13,994 | 10.4% | 6.12% |
| 20 | Longbridge FinancialMahwah, NJ | F | 6.13% | 175 | 8.0% | 6.13% |
| 21 | Lennar MortgageMiami, FL | A | 6.13% | 358 | 5.0% | 6.13% |
| 22 | NBKC BankKansas, MO | B | 6.13% | 434 | 9.0% | 6.13% |
| 23 | CitibankSioux Falls, SD | B | 6.13% | 569 | 13.5% | 6.13% |
| 24 | LoanUnited.comDuluth, GA | C | 6.13% | 730 | 7.0% | 6.13% |
| 25 | GoodLeapRoseville, CA | C | 6.13% | 762 | 24.2% | 6.13% |
| 26 | NVR Mortgage FinanceReston, VA | B | 6.13% | 3,903 | 20.2% | 6.13% |
| 27 | State Employees'Raleigh, NC | C | 6.15% | 319 | 23.2% | 6.15% |
| 28 | Pulte MortgageWilmington, DE | A | 6.19% | 288 | 7.3% | 6.19% |
| 29 | Virginia Credit UnionNorth Chesterfield, VA | D | 6.24% | 5,365 | 17.8% | 6.24% |
| 30 | Bank of AmericaCharlotte, NC | F | 6.24% | 6,584 | 31.9% | 6.24% |
| 31 | Armed Forces BankFort Leavenworth, MO | C | 6.25% | 196 | 11.2% | 6.25% |
| 32 | The Dart BankMason, MI | B | 6.25% | 198 | 7.6% | 6.25% |
| 33 | The Freedom Bank of VirginiaFairfax, VA | A | 6.25% | 250 | 8.8% | 6.25% |
| 34 | Finance of America ReverseTulsa, OK | C | 6.25% | 257 | 10.5% | 6.25% |
| 35 | K. Hovnanian American MortgagePerth Amboy, FL | B | 6.25% | 376 | 14.6% | 6.25% |
| 36 | MilendAlpharetta, GA | F | 6.25% | 393 | 10.4% | 6.25% |
| 37 | American Financial ResourcesParsippany-Troy Hills, NJ | B | 6.25% | 599 | 5.2% | 6.25% |
| 38 | First National Bank of PennsylvaniaHermitage, PA | B | 6.25% | 945 | 16.7% | 6.25% |
| 39 | USAA Federal Savings BankPhoenix, AZ | C | 6.25% | 1,168 | 25.7% | 6.25% |
| 40 | Guaranteed RateChicago, IL | B | 6.25% | 3,164 | 4.9% | 6.25% |
| 41 | CMG MortgageSan Ramon, CA | A | 6.25% | 3,213 | 3.1% | 6.25% |
| 42 | Freedom MortgageBoca Raton, FL | B | 6.25% | 8,029 | 6.5% | 6.25% |
| 43 | Mortgage Research CenterColumbia, MO | C | 6.25% | 9,000 | 16.7% | 6.25% |
| 44 | City National Bank of West VirginiaCharleston, WV | C | 6.29% | 512 | 26.4% | 6.29% |
| 45 | Embrace Home LoansMiddletown, RI | A | 6.31% | 761 | 3.3% | 6.31% |
| 46 | ABNB Federal Credit UnionChesapeake, | D | 6.37% | 777 | 31.3% | 6.37% |
| 47 | Summit FundingSacramento, CA | C | 6.38% | 219 | 4.6% | 6.38% |
| 48 | Towne MortgageTroy, MI | B | 6.38% | 241 | 5.0% | 6.38% |
| 49 | CNB BankClearfield, PA | A | 6.38% | 271 | 8.1% | 6.38% |
| 50 | Tidewater Home FundingVirginia Beach, VA | A | 6.38% | 289 | 2.8% | 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.
