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Safe Rate's TrueRank Guarantee

Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.

Best Conventional Mortgage Bank Lenders in Boston

Updated February 5, 2026

Market Overview

30
Total Lenders
15,830
Total Loans
0.08%
Median Rate Spread
RankLenderOverallPricingProductPull ThroughPlaceAvg FeesSpreadVolumeAction
1
Leader Bank, National Association
Exceptional
Exceptional
Exceptional
Strong
Exceptional
$944-0.143%1,166
2
Cambridge Savings Bank
Exceptional
Exceptional
Sound
Strong
Exceptional
$985-0.369%226
3
Fall River Five Cents Savings Bank
Exceptional
Exceptional
Strong
Strong
Strong
$1,335+0.009%119
4
Bank of America, National Association
Exceptional
Strong
Exceptional
Strong
Strong
$1,165-0.240%222
5
U.S. Bank National Association
Exceptional
Strong
Exceptional
Strong
Strong
-$395-0.148%173
6
The Cape Cod Five Cents Savings Bank
Exceptional
Strong
Strong
Exceptional
Strong
-$105+0.037%159
7
Morgan Stanley Private Bank, National Association
Exceptional
Exceptional
Strong
Sound
Strong
$295-0.513%106
8
Citibank, National Association
Exceptional
Exceptional
Exceptional
Sound
Sound
$677-0.426%65
9
Rockland Trust Company
Exceptional
Strong
Strong
Sound
Exceptional
$1,163-0.128%323
10
Manufacturers and Traders Trust Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$117-0.154%306
11
Citizens Bank, National Association
Exceptional
Strong
Exceptional
Sound
Strong
$1,086-0.106%244
12
Berkshire Bank
Exceptional
Exceptional
Sound
Sound
Strong
-$168-0.209%143
13
Easthampton Savings Bank
Exceptional
Strong
Strong
Strong
Strong
$588-0.101%135
14
Dedham Institution for Savings
Exceptional
Exceptional
Sound
Sound
Strong
$621-0.198%103
15
The Bank of Canton
Exceptional
Exceptional
Sound
Sound
Strong
$338+0.024%87
16
Wells Fargo Bank, National Association
Exceptional
Strong
Exceptional
Sound
Strong
$2,389-0.077%78
17
NBKC BANK
Exceptional
Exceptional
Strong
Sound
Sound
$84-0.221%38
18
UniBank for Savings
Exceptional
Exceptional
Sound
Sound
Strong
$13-0.383%37
19
JPMorgan Chase Bank, National Association
Strong
Sound
Exceptional
Strong
Strong
$1,841-0.086%273
20
Eastern Bank
Strong
Strong
Sound
Sound
Exceptional
$1,359-0.238%190
21
Institution for Savings in Newburyport and Its Vicinity
Strong
Exceptional
Sound
Sound
Sound
$1,433-0.468%37
22
Needham Bank
Strong
Exceptional
Acceptable
Acceptable
Strong
-$174+0.027%86
23
Bluestone Bank
Strong
Exceptional
Acceptable
Acceptable
Strong
$994-0.201%65
24
Colorado Federal Savings Bank
Strong
Strong
Strong
Sound
Sound
$715-0.040%43
25
Brookline Bank
Strong
Exceptional
Acceptable
Acceptable
Strong
$361-0.218%39
26
TD Bank, National Association
Strong
Sound
Strong
Sound
Strong
$584+0.069%128
27
Merchants Bank of Indiana
Strong
Sound
Strong
Sound
Strong
$2,735-0.023%115
28
Evolve Bank & Trust
Strong
Sound
Strong
Strong
Sound
$1,250+0.068%35
29
First-Citizens Bank & Trust Company
Strong
Sound
Strong
Sound
Sound
$219-0.529%48
30
Webster Bank, National Association
Strong
Sound
Sound
Acceptable
Strong
$1,192-0.085%195

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.

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