Safe Rate Rankings

Best VA Mortgage Lenders in El Paso

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 Lenders77

Total Loans8,290

Median Rate Spread0.42%

El Paso Market Insights

First National Bank Texas is Safe Rate's top-ranked VA lender in El Paso, leading on pricing, pullthrough, VA product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In El Paso, Rocky Mountain Mortgage and Navy Federal Credit Union scores highest on VA pricing while First National Bank Texas and Cadence Lending Group leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #2 in El Paso, 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 El Paso: Rocket Mortgage (#9) and Rocky Mountain Mortgage (#3).

Explore Rankings by Type

Overall Rankings

All lenders in El Paso

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By Institution Type

Banks Credit Unions Mortgage Companies

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	First National Bank Texas BankDirect	Exceptional	Exceptional	Exceptional	Exceptional	Exceptional	$2,102Fees	0.033%Above	254
2	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Exceptional	Strong*	Exceptional	Exceptional	Exceptional	$2,874Fees	0.150%Above	696
3	Rocky Mountain Mortgage Company Independent Mortgage CompanyDirect	Exceptional	Exceptional	Strong	Strong	Exceptional	$1,741Fees	0.187%Below	445
4	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Exceptional	Exceptional	$3,625Fees	0.313%Above	425
5	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Strong	$1,141Fees	0.486%Below	139
6	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Strong*	Exceptional	Sound	Exceptional	$2,752Fees	0.122%Above	444
7	CADENCE LENDING GROUP, INC. Independent Mortgage CompanyDirect	Strong	Sound	Strong	Exceptional	Exceptional	$3,764Fees	0.310%Above	350
8	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Exceptional	Strong	$3,687Fees	0.569%Above	185
9	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,630Fees	0.603%Above	480
10	City Bank BankDirect	Strong	Sound	Strong	Exceptional	Strong	$2,921Fees	0.192%Below	119
11	JNC MORTGAGE COMPANY, INC. Independent Mortgage CompanyDirect	Strong	—	Strong	Exceptional	Strong	—	—	90
12	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Exceptional	Strong	Sound	$2,176Fees	0.425%Above	20
13	Mortgage Research Center, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	—	—	346
14	KIND LENDING, LLC Independent Mortgage CompanyWholesale	Strong	Strong*	Exceptional	Strong	Strong	$2,438Fees	0.485%Above	66
15	PATRIOT MORTGAGE COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Exceptional	Exceptional	$4,282Fees	0.421%Above	250
16	FREEDOM MORTGAGE CORPORATION Independent Mortgage CompanyDirect & Wholesale	Strong	Strong*	Exceptional	Strong	Sound	$2,010Fees	0.106%Above	50
17	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,750Fees	0.174%Below	192
18	Flagstar Bank, N.A. BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,247Fees	0.541%Above	61
19	USAA Federal Savings Bank BankDirect	Strong	Strong	Exceptional	Sound	Sound	$2,276Fees	0.177%Below	45
20	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Strong*	Exceptional	Strong	Sound	$2,040Fees	0.296%Below	40
21	Plains Commerce Bank BankWholesale	Strong	Sound*	Exceptional	Strong	Strong	$2,571Fees	0.135%Above	64
22	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Sound	$4,368Fees	0.444%Above	36
23	LOANPEOPLE, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Strong	Strong	Exceptional	$2,956Fees	0.505%Above	313
24	Commerce Home Mortgage, Inc. Independent Mortgage CompanyDirect & Wholesale	Strong	Mediocre*	Strong	Strong	Exceptional	$3,501Fees	0.627%Above	556
25	AMERICAN PACIFIC MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Exceptional	$4,593Fees	0.422%Above	233
26	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,297Fees	0.663%Above	105
27	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,797Fees	0.589%Above	62
28	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Sound	$2,524Fees	0.555%Above	28
29	AMERICAN PORTFOLIO MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Strong	$2,678Fees	0.182%Above	114
30	Sunflower Bank, National Association BankDirect	Strong	Acceptable	Strong	Strong	Strong	$4,209Fees	0.214%Above	90
31	Sierra Pacific Mortgage Company, Inc. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$3,168Fees	0.050%Above	27
32	NEW AMERICAN FUNDING, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Sound	Strong	$2,976Fees	0.565%Above	168
33	GENEVA FINANCIAL, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Exceptional	Sound	$3,838Fees	0.562%Above	45
34	MORTGAGE FINANCIAL SERVICES, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Sound	$1,762Fees	0.464%Above	39
35	UNION HOME MORTGAGE CORP. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$2,500Fees	0.989%Above	19
36	NATIONSTAR MORTGAGE LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Strong	Strong	$2,803Fees	0.612%Above	57
37	Waterstone Mortgage Corporation Independent Mortgage CompanyDirect	Sound	Mediocre	Exceptional	Strong	Strong	$3,429Fees	0.088%Below	59
38	MORTGAGE SOLUTIONS OF COLORADO, LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Strong	Sound	$2,264Fees	0.471%Above	20
39	THE MORTGAGE LINK, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	Strong	$4,066Fees	0.758%Above	69
40	SECURITYNATIONAL MORTGAGE COMPANY Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	Strong	$3,675Fees	0.963%Above	55
41	Equity Prime Mortgage LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Sound	Sound	$2,107Fees	0.697%Above	29
42	ENVOY MORTGAGE, LTD Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Sound	Sound	$2,509Fees	0.046%Below	23
43	WILLOW BEND MORTGAGE COMPANY, LLC Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	Sound	$2,285Fees	0.501%Above	35
44	First Option Mortgage, LLC Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Sound	Sound	$3,236Fees	0.661%Above	21

❓ Frequently Asked Questions

How are mortgage lenders ranked in El Paso, TX?+

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 El Paso, TX), 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 El Paso, TX?+

Based on 2024 HMDA data, 77 lenders originated a combined 8,290 loans in El Paso, TX. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in El Paso, TX?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in El Paso, TX is 0.42%. 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 El Paso, TX'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.