Safe Rate Rankings

Best FHA Mortgage Lenders in Bloomington

Updated May 19, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders33
Total Loans1,768
Median Rate Spread0.31%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
FIRST STATE MORTGAGE SERVICES, LLCIndependent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,732Fees
0.332%Above
580
2
U.S. Bank National AssociationBank
Strong
Strong
Exceptional
Sound
Sound
$522Fees
0.249%Above
33
3
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Exceptional
Sound
$1,107Fees
0.371%Above
31
4
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Strong
Exceptional
Strong
Acceptable
$777Fees
0.998%Above
10
5
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,397Fees
0.447%Above
107
6
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,928Fees
0.442%Above
14
7
COMPASS MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$1,751Fees
0.508%Above
102
8
Synergy One Lending, Inc.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$3,113Fees
0.838%Above
16
9
AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Sound
$2,948Fees
0.843%Above
44
10
Ixonia BankBank
Sound
Mediocre
Exceptional
Strong
Sound
$3,834Fees
0.737%Above
37
11
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Sound
$2,375Fees
0.723%Above
14

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.