Safe Rate Rankings

Best Conventional Mortgage Lenders in Cambridge

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.

Market

Total Lenders159

Total Loans19,398

Median Rate Spread0.10%

Cambridge Market Insights

Leader Bank National Association is Safe Rate's top-ranked Conventional lender in Cambridge, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Cambridge, Cambridge Savings Bank and Navy Federal Credit Union scores highest on Conventional pricing while Rocket Mortgage and United Wholesale Mortgage leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #3 in Cambridge, 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 Cambridge: Rocket Mortgage (#4) and Leader Bank National Association (#1).

Explore Rankings by Type

Overall Rankings

All lenders in Cambridge

Need rankings for a different loan product?

FHA Loans VA Loans Jumbo Loans

By Institution Type

Banks Credit Unions Mortgage Companies

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

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Leader Bank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$876Fees	0.132%Below	1,491
2	U.S. Bank National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,758Credit	0.215%Below	314
3	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$2,524Fees	0.328%Above	853
4	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,767Fees	0.143%Above	1,004
5	Manufacturers and Traders Trust Company BankDirect	Strong	Sound	Exceptional	Strong	Strong	$43Credit	0.116%Below	302
6	Cambridge Savings Bank BankDirect	Strong	Exceptional	Sound	Strong	Exceptional	$818Fees	0.272%Below	270
7	Bank of America, National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$827Fees	0.244%Below	250
8	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$1,571Fees	0.056%Above	1,876
9	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Strong	$442Fees	0.615%Below	90
10	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,975Fees	0.130%Below	305
11	Morgan Stanley Private Bank, National Association BankDirect	Strong	Exceptional	Strong	Sound	Strong	$341Fees	0.531%Below	113
12	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,287Fees	0.152%Above	614
13	Citizens Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Strong	$982Fees	0.034%Below	264
14	Citibank, National Association BankDirect	Strong	Exceptional	Exceptional	Sound	Strong	$82Fees	0.340%Below	82
15	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,434Fees	0.293%Above	1,399
16	Berkshire Bank BankDirect	Strong	Exceptional	Sound	Sound	Exceptional	$152Credit	0.224%Below	247
17	HARBORONE MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Strong	$1,540Fees	0.036%Below	162
18	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,442Fees	0.192%Above	447
19	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,460Fees	0.193%Above	425
20	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,543Fees	0.311%Above	334
21	Institution for Savings in Newburyport and Its Vicinity BankDirect	Strong	Exceptional	Sound	Sound	Exceptional	$921Fees	0.388%Below	255
22	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,909Fees	0.285%Above	182
23	Fall River Five Cents Savings Bank BankDirect	Strong	Exceptional	Strong	Strong	Strong	$2,466Fees	0.013%Below	92
24	Easthampton Savings Bank BankDirect	Strong	Strong	Strong	Strong	Strong	$688Fees	0.087%Below	87
25	Rockland Trust Company BankDirect	Strong	Strong	Strong	Sound	Strong	$1,335Fees	0.213%Below	199
26	NBKC BANK BankDirect	Strong	Exceptional	Strong	Sound	Sound	$322Fees	0.183%Below	58
27	SALEM FIVE MORTGAGE COMPANY, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$1,818Fees	0.042%Above	665
28	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Sound	$2,167Fees	0.033%Below	80
29	General Mortgage Capital Corporation Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$1,424Fees	0.156%Above	67
30	Eastern Bank BankDirect	Strong	Strong	Sound	Sound	Strong	$1,358Fees	0.151%Below	161
31	MUTUAL OF OMAHA MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Strong	Sound	Strong	$411Fees	0.198%Below	125
32	MLD MORTGAGE INC. Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Sound	$5Fees	0.012%Below	51
33	TOTAL MORTGAGE SERVICES, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,858Fees	0.438%Above	224
34	EMM LOANS LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$1,672Fees	0.442%Above	118
35	BAY EQUITY LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Strong	$1,656Fees	0.015%Above	90
36	TD Bank, National Association BankDirect	Strong	Sound	Strong	Sound	Strong	$610Fees	0.107%Above	173
37	JEANNE D'ARC Credit Union Credit UnionDirect	Strong	Strong	Sound	Sound	Strong	$1,063Fees	0.138%Below	144
38	NATIONS DIRECT MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Acceptable*	Strong	Strong	Strong	$84Credit	0.045%Above	135
39	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$1,796Fees	0.026%Above	109
40	MERRIMACK VALLEY Credit UnionDirect	Strong	Exceptional	Sound	Sound	Strong	$526Fees	0.325%Below	81
41	PRIMELENDING, A PLAINSCAPITAL COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Sound	$3,942Fees	0.446%Above	74
42	FIRST COMMUNITY MORTGAGE, INC. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$1,185Fees	0.176%Above	62
43	KEYSTONE FUNDING, INC. Independent Mortgage CompanyWholesale	Strong	Acceptable*	Strong	Strong	Sound	$818Fees	0.280%Above	54
44	MSA MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	—	Sound	Sound	Exceptional	—	—	232
45	NEW AMERICAN FUNDING, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Sound	Strong	$1,642Fees	0.343%Above	178
46	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$1,475Fees	0.403%Above	146
47	HARVARD UNIVERSITY EMPLOYEES Credit UnionDirect	Strong	Exceptional	Acceptable	Sound	Strong	$414Fees	0.028%Above	74
48	T2 FINANCIAL LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Sound	$620Fees	0.266%Above	72
49	Colorado Federal Savings Bank BankWholesale	Strong	Strong*	Strong	Sound	Strong	$727Fees	0.026%Below	63
50	First-Citizens Bank & Trust Company BankDirect	Strong	Sound	Strong	Sound	Sound	$1,230Fees	0.211%Below	42

❓ Frequently Asked Questions

How are mortgage lenders ranked in Cambridge?+

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 Cambridge), 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 Cambridge?+

Based on 2024 HMDA data, 159 lenders originated a combined 19,398 loans in Cambridge. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in Cambridge?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Cambridge is 0.10%. 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 Cambridge'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)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

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.