Safe Rate Rankings
Best FHA Mortgage Lenders in Chicago
Updated May 30, 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 Lenders254
Total Loans69,290
Median Rate Spread0.45%
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| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Rate Spread | # of Loans | Action | |
|---|---|---|---|---|---|---|---|---|---|---|---|
1 | GREENSTATE Credit UnionCredit Union | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $894Fees | 0.049%Above | 826 | ||
2 | The Huntington National BankBank | Exceptional | Strong | Exceptional | Strong | Exceptional | $876Credit | 0.180%Above | 1,680 | ||
3 | Associated Bank, National AssociationBank | Exceptional | Exceptional | Strong | Strong | Strong | $520Fees | 0.097%Above | 305 | ||
4 | UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $1,875Fees | 0.444%Above | 5,055 | ||
 Verified Broker Partner Dylan HallSafe Rate Mortgage · NMLS #1658740 Dylan is a verified Safe Rate partner and licensed broker who actively works with UNITED WHOLESALE MORTGAGE, LLC. Also approved with: PENNYMAC LOAN SERVICES, LLC (#17) | |||||||||||
5 | U.S. Bank National AssociationBank | Exceptional | Strong | Exceptional | Sound | Exceptional | $173Fees | 0.152%Above | 1,013 | ||
6 | Fifth Third Bank, National AssociationBank | Exceptional | Strong | Exceptional | Sound | Exceptional | $501Credit | 0.216%Above | 937 | ||
7 | TOWNE MORTGAGE COMPANYIndependent Mortgage Company | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $1,472Fees | 0.561%Above | 734 | ||
8 | Old National BankBank | Exceptional | Exceptional | Strong | Sound | Strong | $909Fees | 0.018%Above | 452 | ||
9 | FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company | Exceptional | Strong | Exceptional | Strong | Strong | $2,052Fees | 0.567%Above | 421 | ||
10 | Prosperity Home Mortgage, LLCIndependent Mortgage Company | Exceptional | Strong | Exceptional | Strong | Strong | $2,442Fees | 0.486%Above | 298 | ||
11 | ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company | Exceptional | Strong | Exceptional | Strong | Strong | $832Fees | 0.682%Above | 185 | ||
12 | CIBC Bank USABank | Exceptional | Exceptional | Strong | Sound | Strong | $1,094Credit | 0.159%Above | 185 | ||
13 | GMFS LLCIndependent Mortgage Company | Exceptional | Strong | Exceptional | Strong | Strong | $1,762Fees | 0.474%Above | 177 | ||
14 | NBKC BANKBank | Exceptional | Exceptional | Strong | Sound | Strong | $686Fees | 0.045%Below | 147 | ||
15 | LOANDEPOT.COM, LLCIndependent Mortgage Company | Exceptional | Sound | Exceptional | Strong | Exceptional | $2,845Fees | 0.666%Above | 2,013 | ||
16 | A & N MORTGAGE SERVICES, INC.Independent Mortgage Company | Exceptional | Sound | Strong | Exceptional | Exceptional | $1,607Fees | 0.337%Above | 1,027 | ||
17 | PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company | Exceptional | Strong | Exceptional | Sound | Strong | $918Fees | 0.297%Above | 493 | ||
Verified Broker Partner Dylan HallSafe Rate Mortgage · NMLS #1658740 Dylan is a verified Safe Rate partner and licensed broker who actively works with PENNYMAC LOAN SERVICES, LLC. Also approved with: UNITED WHOLESALE MORTGAGE, LLC (#4) | |||||||||||
18 | ROCKET MORTGAGE, LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,536Fees | 0.424%Above | 3,770 | ||
19 | FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $2,744Fees | 0.649%Above | 2,058 | ||
20 | UNION HOME MORTGAGE CORP.Independent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $1,839Fees | 0.570%Above | 819 | ||
21 | THE LOAN STORE, INC.Independent Mortgage Company | Strong | Sound | Exceptional | Strong | Strong | $377Fees | 0.318%Above | 717 | ||
22 | Flagstar Bank, N.A.Bank | Strong | Sound | Exceptional | Strong | Strong | $2,367Fees | 0.559%Above | 460 | ||
23 | RESICENTRAL, LLCIndependent Mortgage Company | Strong | Strong | Strong | Sound | Strong | $334Fees | 0.503%Above | 378 | ||
24 | PNC Bank, National AssociationBank | Strong | Strong | Strong | Sound | Strong | $252Credit | 0.168%Above | 347 | ||
25 | M/I FINANCIAL, LLCIndependent Mortgage Company | Strong | Sound | Exceptional | Strong | Strong | $3,230Fees | 0.106%Above | 283 | ||
26 | MLD MORTGAGE INC.Independent Mortgage Company | Strong | Sound | Exceptional | Strong | Strong | $2,488Fees | 0.373%Above | 213 | ||
27 | KIND LENDING, LLCIndependent Mortgage Company | Strong | Sound | Exceptional | Strong | Strong | $2,183Fees | 0.556%Above | 141 | ||
28 | GUARANTEED RATE, INC.Independent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Exceptional | $2,024Fees | 0.354%Above | 5,815 | ||
29 | JPMorgan Chase Bank, National AssociationBank | Strong | Sound | Strong | Sound | Exceptional | $1,681Fees | 0.147%Above | 5,072 | ||
30 | Barrington Bank & Trust Company, National AssociationBank | Strong | Acceptable | Exceptional | Strong | Exceptional | $1,916Fees | 0.445%Above | 1,731 | ||
31 | KEY MORTGAGE SERVICES, INC.Independent Mortgage Company | Strong | Sound | Strong | Sound | Exceptional | $1,736Fees | 0.344%Above | 967 | ||
32 | BAY EQUITY LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Exceptional | $2,272Fees | 0.312%Above | 744 | ||
33 | NEWREZ LLCIndependent Mortgage Company | Strong | Sound | Exceptional | Sound | Strong | $2,305Fees | 0.625%Above | 659 | ||
34 | T2 FINANCIAL LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Strong | $1,264Fees | 0.341%Above | 276 | ||
35 | CIBM BankBank | Strong | Sound | Strong | Strong | Strong | $1,325Fees | 0.441%Above | 215 | ||
36 | PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Strong | $2,876Fees | 0.696%Above | 166 | ||
37 | Nations Lending CorporationIndependent Mortgage Company | Strong | Acceptable | Exceptional | Exceptional | Strong | $2,557Fees | 0.504%Above | 159 | ||
38 | GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $2,394Fees | 0.604%Above | 814 | ||
39 | The Federal Savings BankBank | Strong | Acceptable | Exceptional | Sound | Exceptional | $3,016Fees | 0.786%Above | 728 | ||
40 | LOWER, LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $1,479Fees | 0.565%Above | 675 | ||
41 | GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $2,082Fees | 0.494%Above | 632 | ||
42 | COMPASS MORTGAGE, INC.Independent Mortgage Company | Strong | Acceptable | Strong | Strong | Exceptional | $2,732Fees | 0.579%Above | 537 | ||
43 | AMERICAN PORTFOLIO MORTGAGE CORPORATIONIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $2,496Fees | 0.649%Above | 264 | ||
44 | PLAZA HOME MORTGAGE, INC.Independent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $1,315Fees | 0.500%Above | 263 | ||
45 | MOVEMENT MORTGAGE, LLCIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $2,237Fees | 0.442%Above | 225 | ||
46 | GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATIONIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $1,880Fees | 0.415%Above | 222 | ||
47 | OCMBC, INC.Independent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $3,311Fees | 0.991%Above | 200 | ||
48 | AMERICAN FINANCIAL NETWORK, INC.Independent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $2,554Fees | 0.856%Above | 194 | ||
49 | CMG MORTGAGE, INC.Independent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $1,617Fees | 0.414%Above | 178 | ||
50 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company | Strong | Acceptable | Exceptional | Strong | Strong | $1,746Fees | 0.514%Above | 153 | ||
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.