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 | N.e.w. Credit UnionOconto Falls, WI | A | 5.49% | 173 | 1.7% | 5.49% |
| 2 | Lake Ridge BankMiddleton, WI | A | 5.49% | 886 | 6.6% | 5.49% |
| 3 | Community FirstNeenah, WI | A | 5.49% | 4,368 | 6.9% | 5.49% |
| 4 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 387 | 19.1% | 5.75% |
| 5 | Superior Choice Credit UnionSuperior, WI | B | 5.88% | 492 | 19.5% | 5.88% |
| 6 | MidWestOne BankIowa City, IA | A | 5.99% | 193 | 18.1% | 5.99% |
| 7 | PCM Credit UnionGreen Bay, WI | A | 5.99% | 485 | 3.1% | 5.99% |
| 8 | Tri City National BankOak Creek, WI | A | 5.99% | 759 | 16.2% | 5.99% |
| 9 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.00% | 221 | 6.3% | 6.00% |
| 10 | UNITEDONE Credit UnionManitowoc, WI | B | 6.00% | 463 | 12.1% | 6.00% |
| 11 | Morgan Stanley Private BankNew York, NY | A | 6.08% | 152 | 5.3% | 6.08% |
| 12 | Valley Communities Credit UnionMosinee, WI | B | 6.08% | 304 | 18.4% | 6.08% |
| 13 | Unnamed lender 254900M2C4Q6DATP2889 | F | 6.13% | 319 | 21.3% | 6.13% |
| 14 | USAA Federal Savings BankPhoenix, AZ | C | 6.13% | 378 | 22.8% | 6.13% |
| 15 | Old National BankEvansville, IN | B | 6.13% | 1,241 | 18.3% | 6.13% |
| 16 | Bank of AmericaCharlotte, NC | F | 6.24% | 607 | 29.0% | 6.24% |
| 17 | Westbury BankWaukesha, WI | A | 6.25% | 135 | 3.0% | 6.25% |
| 18 | Glacier Hills Credit UnionWest Bend, WI | B | 6.25% | 182 | 7.1% | 6.25% |
| 19 | Freedom MortgageBoca Raton, FL | B | 6.25% | 2,068 | 9.1% | 6.25% |
| 20 | CAPITAL Credit UnionGreen Bay, WI | A | 6.25% | 2,892 | 6.5% | 6.25% |
| 21 | Mortgage Research CenterColumbia, MO | C | 6.25% | 3,213 | 15.8% | 6.25% |
| 22 | A&D MortgageFort Lauderdale, FL | C | 6.31% | 152 | 4.0% | 6.31% |
| 23 | Empeople Credit UnionMoline, IL | C | 6.38% | 209 | 20.1% | 6.38% |
| 24 | The Equitable Bank, S.S.B.Wauwatosa, WI | B | 6.38% | 340 | 6.8% | 6.38% |
| 25 | Planet Home LendingMeriden, CT | B | 6.38% | 421 | 18.8% | 6.38% |
| 26 | Prosperity Home MortgageFairfax, VA | A | 6.38% | 1,007 | 5.7% | 6.38% |
| 27 | Pennymac Loan ServicesWestlake Village, CA | C | 6.38% | 2,298 | 12.7% | 6.38% |
| 28 | United Shore Financial ServicesPlymouth, MI | B | 6.38% | 4,421 | 11.8% | 6.38% |
| 29 | Merchants BankWinona, MN | A | 6.40% | 273 | 6.6% | 6.40% |
| 30 | Home State BankCrystal Lake, IL | B | 6.43% | 356 | 5.3% | 6.43% |
| 31 | Mld MortgageFlorham Park, NJ | A | 6.49% | 184 | 0.5% | 6.49% |
| 32 | Connexus Credit UnionWausau, WI | C | 6.49% | 540 | 33.9% | 6.49% |
| 33 | Mutual of Omaha MortgageSan Diego, CA | C | 6.49% | 671 | 22.7% | 6.49% |
| 34 | Barrington Bank & Trust CompanyBarrington, IL | C | 6.49% | 1,492 | 4.4% | 6.49% |
| 35 | JPMorgan Chase BankColumbus, OH | B | 6.49% | 2,051 | 10.2% | 6.49% |
| 36 | FOX COMMUNITIES Credit UnionAppleton, WI | A | 6.49% | 3,040 | 3.9% | 6.49% |
| 37 | Unison Credit UnionKaukauna, WI | A | 6.50% | 121 | 3.3% | 6.50% |
| 38 | Point MortgageCoral Gables, FL | B | 6.50% | 132 | 0.8% | 6.50% |
| 39 | Mortgage Center L.cSouthfield, MI | C | 6.50% | 143 | 8.4% | 6.50% |
| 40 | PyraMax BankGreenfield, WI | B | 6.50% | 144 | 6.3% | 6.50% |
| 41 | Granite BankCold Spring, MN | B | 6.50% | 147 | 6.1% | 6.50% |
| 42 | 1st Community Credit UnionSparta, WI | C | 6.50% | 218 | 18.8% | 6.50% |
| 43 | Provident Funding AssociatesSanta Rosa, CA | A | 6.50% | 220 | 4.6% | 6.50% |
| 44 | Bank of Sun PrairieSun Prairie, WI | B | 6.50% | 221 | 10.4% | 6.50% |
| 45 | American Financial NetworkBrea, CA | C | 6.50% | 231 | 7.4% | 6.50% |
| 46 | First Federal BankLake City, FL | B | 6.50% | 243 | 11.9% | 6.50% |
| 47 | The Federal Savings BankChicago, IL | C | 6.50% | 321 | 7.2% | 6.50% |
| 48 | Ark-La-Tex Financial Services, LLC.Plano, TX | A | 6.50% | 345 | 2.9% | 6.50% |
| 49 | ServionNew Brighton, MN | B | 6.50% | 394 | 6.4% | 6.50% |
| 50 | Wisconsin MortgageBrookfield, WI | B | 6.50% | 502 | 5.2% | 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.
