Safe Rate Rankings

Best FHA Mortgage Lenders in Birmingham

Updated June 4, 2026

Rankings are a starting point, not a verdict. Safe Rate recommends speaking with 2-3 lenders to find the right fit for your home loan!

⚖️ 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 Lenders134
Total Loans13,445
Median Rate Spread0.34%
Birmingham Market Insights
  • United Wholesale Mortgage is Safe Rate's top-ranked FHA lender in Birmingham, leading on pricing, pullthrough, FHA product expertise, and local knowledge.
  • Fbc Mortgage and Southpoint Bank leads on both FHA pricing and pullthrough, with competitive rates and a strong track record of closing.
  • United Wholesale Mortgage (UWM) ranks #1 in Birmingham, serving as the platform behind many independent local brokers who live and work in the community. A local broker knows the neighborhoods, the local market, and is personally invested in your outcome. Real estate agents often prefer referring local brokers for their accessibility and responsiveness, qualities that matter when a deal is moving fast. Pricing and experience can vary by broker.
  • Popular names in Birmingham: Rocket Mortgage (#4) and Regions Bank (#11).

Explore Rankings by Type

Need rankings for a different loan product?

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
UNITED WHOLESALE MORTGAGE, LLC
Independent Mortgage CompanyWholesale
Exceptional
Sound*
Exceptional
Exceptional
Exceptional
$2,909Fees
0.166%Above
987
2
FBC MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Exceptional
Strong*
Exceptional
Exceptional
Exceptional
$2,712Fees
0.002%Above
244
3
SouthPoint Bank
BankDirect
Exceptional
Strong
Strong
Strong
Exceptional
$2,393Fees
0.206%Above
289
4
ROCKET MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
Exceptional
$4,045Fees
0.442%Above
848
5
Cadence Bank
BankDirect
Strong
Strong
Exceptional
Strong
Exceptional
$2,224Fees
0.160%Above
339
6
Trustmark National Bank
BankDirect
Strong
Sound
Exceptional
Strong
Exceptional
$1,431Fees
0.216%Above
335
7
FirstBank
BankDirect
Strong
Sound
Exceptional
Strong
Exceptional
$2,176Fees
0.254%Above
346
8
Prosperity Home Mortgage, LLC
Independent Mortgage CompanyDirect
Strong
Strong
Exceptional
Strong
Exceptional
$1,980Fees
0.283%Above
345
9
First Federal Bank, A FSB
BankDirect
Strong
Strong
Exceptional
Strong
Exceptional
$3,407Fees
0.048%Above
187
10
GMFS LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Strong*
Exceptional
Strong
Strong
$3,264Fees
0.119%Below
174
11
Regions Bank
BankDirect
Strong
Sound
Exceptional
Sound
Exceptional
$1,692Fees
0.314%Above
708
12
PENNYMAC LOAN SERVICES, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Strong*
Exceptional
Sound
Strong
$2,184Fees
0.168%Above
187
13
LENDLO MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Exceptional
Strong
$2,576Fees
0.080%Above
124
14
SouthState Bank, National Association
BankDirect
Strong
Strong
Strong
Strong
Exceptional
$2,208Fees
0.203%Above
394
15
Renasant Bank
BankDirect & Wholesale
Strong
Sound*
Exceptional
Strong
Exceptional
$2,786Fees
0.264%Above
295
16
Synovus Bank
BankDirect
Strong
Strong
Strong
Strong
Exceptional
$2,077Fees
0.235%Above
174
17
FREEDOM MORTGAGE CORPORATION
Independent Mortgage CompanyDirect & Wholesale
Strong
Strong*
Exceptional
Strong
Strong
$2,636Fees
0.195%Above
168
18
LOANDEPOT.COM, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Strong
Strong
$2,857Fees
0.486%Above
145
19
VANDERBILT MORTGAGE AND FINANCE, INC.
Independent Mortgage CompanyDirect
Strong
Sound
Exceptional
Exceptional
Strong
$1,969Fees
0.205%Above
83
20
ARK-LA-TEX FINANCIAL SERVICES, LLC.
Independent Mortgage CompanyDirect & Wholesale
Strong
Strong*
Exceptional
Strong
Strong
$3,136Fees
0.551%Above
65
21
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,447Fees
0.360%Above
584
22
GUILD MORTGAGE COMPANY LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,041Fees
0.310%Above
357
23
MOVEMENT MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,635Fees
0.470%Above
362
24
FIRST COLONY MORTGAGE CORPORATION
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Strong
Strong
$1,713Fees
0.199%Above
70
25
MORTGAGE INVESTORS GROUP, INC.
Independent Mortgage CompanyDirect
Strong
Sound
Exceptional
Strong
Strong
$2,826Fees
0.286%Above
68
26
Ameris Bank
BankDirect
Strong
Sound
Exceptional
Strong
Strong
$2,061Fees
0.153%Above
107
27
Flagstar Bank, N.A.
BankDirect & Wholesale
Strong
Sound*
Exceptional
Strong
Strong
$2,347Fees
0.243%Above
68
28
UNION HOME MORTGAGE CORP.
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
Exceptional
$2,813Fees
0.512%Above
264
29
THE LOAN STORE, INC.
Independent Mortgage CompanyWholesale
Strong
Sound*
Exceptional
Strong
Strong
$2,752Fees
0.235%Above
93
30
FIRST COMMUNITY MORTGAGE, INC.
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
Strong
$3,265Fees
0.319%Above
73
31
TOWNE MORTGAGE COMPANY
Independent Mortgage CompanyWholesale
Strong
Sound*
Exceptional
Exceptional
Sound
$2,234Fees
0.348%Above
34
32
Assurance Financial Group, L.L.C.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,823Fees
0.702%Above
176
33
Hamilton Mortgage Corporation
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Strong
Strong
Exceptional
$1,950Fees
0.376%Above
152
34
NEWREZ LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Sound
Strong
$2,768Fees
0.333%Above
93
35
Plains Commerce Bank
BankWholesale
Strong
Sound*
Exceptional
Strong
Strong
$1,992Fees
0.362%Above
67
36
First Horizon Bank
BankDirect
Strong
Strong
Strong
Strong
Strong
$1,871Fees
0.132%Above
84
37
CMG MORTGAGE, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Sound
$3,401Fees
0.188%Above
44
38
STOCKTON MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Strong
$4,424Fees
0.495%Above
148
39
Bank of England
BankDirect
Strong
Sound
Exceptional
Strong
Strong
$2,865Fees
0.350%Above
51
40
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
Sound
$3,679Fees
0.530%Above
50
41
GoodLeap, LLC
Independent Mortgage CompanyDirect
Strong
Strong
Exceptional
Sound
Sound
$2,939Fees
0.339%Above
35
42
CANOPY MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Strong
$4,062Fees
0.591%Above
164
43
MORIA DEVELOPMENT, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,325Fees
0.159%Above
86
44
PNC Bank, National Association
BankDirect
Strong
Strong
Strong
Sound
Strong
$58Credit
0.136%Above
52
45
GUARANTEED RATE, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
Sound
$2,412Fees
0.341%Above
47
46
Mortgage Research Center, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Sound
Exceptional
$3,000Fees
0.544%Above
251
47
THE MORTGAGE FIRM, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,393Fees
0.195%Above
51
48
STG MORTGAGE INC
Independent Mortgage CompanyWholesale
Strong
Sound*
Strong
Sound
Strong
$1,575Fees
0.399%Above
49
49
Wells Fargo Bank, National Association
BankDirect
Strong
Sound
Strong
Sound
Strong
$2,137Fees
0.072%Above
126
50
CROSSCOUNTRY MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Mediocre
Exceptional
Strong
Sound
$3,453Fees
0.539%Above
54

Frequently Asked Questions

How are mortgage lenders ranked in Birmingham, AL?+

Safe Rate ranks lenders using the 4 Ps framework, derived entirely from HMDA (Home Mortgage Disclosure Act) data: Pricing (how competitively a lender prices loans vs. the market benchmark), Pullthrough (how effectively a lender closes applications), Place (the lender's depth of expertise in Birmingham, AL), and Product (performance on specific loan types). Each lender receives a composite Safe Rate Score from 0–100. No lender pays to appear in the rankings.

What is the Safe Rate Score?+

The Safe Rate Score is a 0–100 composite index measuring a lender's performance across Pricing, Pullthrough, Place, and Product. Scores of 80 or above earn Champion status; scores of 60–79 earn Superstar status. All scores are calculated from verified HMDA data — no lender can pay to improve their position.

How many mortgage lenders are active in Birmingham, AL?+

Based on 2024 HMDA data, 134 lenders originated a combined 13,445 loans in Birmingham, AL. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in Birmingham, AL?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Birmingham, AL is 0.34%. Lenders in Safe Rate's top rankings consistently price below this median, meaning borrowers typically pay less interest over the life of their loan.

What is HMDA data and why does Safe Rate use it?+

HMDA (Home Mortgage Disclosure Act) is a federal law requiring every mortgage lender to disclose every loan application annually — including rates, amounts, approvals, and denials. Safe Rate uses HMDA because it is government-verified, covers all lenders equally, and cannot be gamed. It is the most objective foundation available for lender rankings.

Does Safe Rate accept payment from lenders to appear in rankings?+

No. Safe Rate rankings are strictly data-driven. No lender can pay to appear in or improve their position in Safe Rate's rankings. The only factor that determines a lender's rank is their verified HMDA performance data.

What is the difference between a bank, credit union, and independent mortgage company?+

Banks and credit unions offer mortgages alongside checking, savings, and other products. Independent Mortgage Companies (IMCs) focus exclusively on originating loans and often offer more product variety and speed. In Birmingham, AL's rankings, all three institution types are evaluated on the same HMDA performance metrics.

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

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.

⚖️ Licensing & Disclosures

Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.