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 | United Shore Financial ServicesPlymouth, MI | B | 6.12% | 1,281 | 8.7% | 6.12% |
| 2 | ANB BankDenver, CO | C | 6.13% | 177 | 8.5% | 6.13% |
| 3 | NewrezWilmington, DE | D | 6.13% | 317 | 13.6% | 6.13% |
| 4 | Freedom MortgageBoca Raton, FL | B | 6.19% | 512 | 11.1% | 6.19% |
| 5 | Crosscountry MortgageCleveland, OH | B | 6.24% | 305 | 3.6% | 6.24% |
| 6 | Navy Federal Credit UnionVienna, VA | D | 6.25% | 220 | 20.0% | 6.25% |
| 7 | Western VistaCheyenne, WY | C | 6.25% | 322 | 7.1% | 6.25% |
| 8 | Jonah Bank of WyomingCasper, WY | A | 6.25% | 496 | 2.6% | 6.25% |
| 9 | Mortgage Research CenterColumbia, MO | C | 6.25% | 599 | 16.9% | 6.25% |
| 10 | Plains Commerce BankSioux Falls, SD | B | 6.38% | 180 | 5.0% | 6.38% |
| 11 | Guaranteed RateChicago, IL | B | 6.38% | 222 | 4.1% | 6.38% |
| 12 | Gold Star Mortgage Financial GroupAnn Arbor, MI | C | 6.38% | 301 | 1.0% | 6.38% |
| 13 | Guild MortgageSan Diego, CA | A | 6.38% | 961 | 4.5% | 6.38% |
| 14 | Fairway Independent MortgageMadison, WI | B | 6.49% | 1,106 | 4.2% | 6.49% |
| 15 | American Pacific MortgageRoseville, CA | C | 6.50% | 191 | 7.3% | 6.50% |
| 16 | Kind LendingIrvine, CA | C | 6.50% | 200 | 19.0% | 6.50% |
| 17 | Meridian Trust Federal Credit UnionCheyenne, WY | B | 6.50% | 525 | 18.3% | 6.50% |
| 18 | Rocket MortgagePlymouth, MI | C | 6.50% | 1,567 | 17.1% | 6.50% |
| 19 | CMG MortgageSan Ramon, CA | A | 6.63% | 186 | 1.6% | 6.63% |
| 20 | Pennymac Loan ServicesWestlake Village, CA | C | 6.63% | 354 | 12.7% | 6.63% |
| 21 | Glacier BankKalispell, MT | D | 6.95% | 856 | 15.9% | 6.95% |
| 22 | Loandepot.ComIrvine, CA | D | 6.99% | 221 | 22.2% | 6.99% |
| 23 | Blue Federal Credit UnionCheyenne, WY | C | 6.99% | 318 | 13.2% | 6.99% |
| 24 | U.S. BankCincinnati, OH | D | 7.06% | 373 | 34.1% | 7.06% |
| 25 | Uniwyo Federal Credit UnionLaramie, WY | C | 7.50% | 541 | 15.2% | 7.50% |
| 26 | WyhyCheyenne, WY | B | 8.00% | 383 | 10.2% | 8.00% |
| 27 | Triad Financial ServicesJacksonville, FL | D | 8.00% | 395 | 44.6% | 8.00% |
| 28 | First Interstate BankBillings, MT | D | 8.13% | 510 | 23.5% | 8.13% |
| 29 | Nationstar MortgageCoppell, TX | C | 8.25% | 177 | 14.7% | 8.25% |
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.
