Safe Rate Rankings

Best FHA Mortgage Lenders in Evansville

Updated May 22, 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 Lenders46
Total Loans3,079
Median Rate Spread0.47%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
LibertyCredit Union
Exceptional
Strong
Exceptional
Strong
Exceptional
$983Fees
0.329%Above
609
2
FBC MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Strong
$3,118Fees
0.355%Above
65
3
Old National BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$695Fees
0.004%Below
142
4
MORTGAGE MASTERS OF INDIANA, INC.Independent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,456Fees
0.299%Above
635
5
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$2,384Fees
0.274%Above
111
6
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$563Fees
0.380%Above
93
7
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$992Fees
0.593%Above
40
8
INTERLINC MORTGAGE SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$1,666Fees
0.789%Above
28
9
German American BankBank
Strong
Strong
Strong
Sound
Strong
$795Fees
0.227%Above
68
10
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Strong
Exceptional
Sound
Sound
$884Fees
0.244%Above
27
11
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,585Fees
0.503%Above
184
12
Bank of EnglandBank
Strong
Sound
Exceptional
Strong
Sound
$1,675Fees
0.364%Above
27
13
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$1,569Fees
0.416%Above
17
14
Plains Commerce BankBank
Strong
Sound
Exceptional
Strong
Sound
$1,311Fees
0.673%Above
13
15
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Sound
$1,157Fees
0.601%Above
12
16
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Sound
$2,419Fees
0.629%Above
25
17
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Sound
$2,297Fees
0.600%Above
20
18
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$850Fees
0.281%Above
40
19
Equity Prime Mortgage LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,541Fees
1.156%Above
36
20
ZILLOW HOME LOANS, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,920Fees
0.851%Above
18
21
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,008Fees
0.844%Above
11
22
GVC MORTGAGE, INC.Independent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Sound
$2,793Fees
1.037%Above
22
23
CARRINGTON MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$5,055Fees
0.265%Above
16
24
ENVOY MORTGAGE, LTDIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$1,516Fees
0.686%Above
15
25
FAIR WAY LENDING LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Sound
$2,925Fees
0.903%Above
12
26
Luminate Home Loans, Inc.Independent Mortgage Company
Sound
Mediocre
Exceptional
Strong
Sound
$1,990Fees
0.737%Above
46
27
CALCON MUTUAL MORTGAGE LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Strong
Sound
$2,184Fees
0.872%Above
31
28
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Strong
Sound
$2,651Fees
0.335%Above
13
29
AMERISAVE MORTGAGE CORPORATIONIndependent Mortgage Company
Sound
Acceptable
Exceptional
Sound
Acceptable
$2,992Fees
0.821%Above
10
30
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Sound
$2,481Fees
0.788%Above
13

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.