Safe Rate Rankings

Best FHA Mortgage Lenders in Frederick

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 Lenders148

Total Loans13,067

Median Rate Spread0.16%

Frederick Market Insights

United Wholesale Mortgage is Safe Rate's top-ranked FHA lender in Frederick, leading on pricing, pullthrough, FHA product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Frederick, Pennymac Loan Services and Truist Bank scores highest on FHA pricing while First Heritage Mortgage and Nfm leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #1 in Frederick, 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.
Rocket Mortgage ranks #3 in Frederick, the nation's largest lender by volume.

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Overall Rankings

All lenders in Frederick

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By Institution Type

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Exceptional	Sound*	Exceptional	Exceptional	Exceptional	$2,445Fees	0.103%Above	637
2	First Heritage Mortgage, LLC Independent Mortgage CompanyDirect	Exceptional	Strong	Exceptional	Exceptional	Exceptional	$2,680Fees	0.118%Above	272
3	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,736Fees	0.140%Above	988
4	Prosperity Home Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Strong	Exceptional	Strong	Exceptional	$2,615Fees	0.174%Above	435
5	Towne Bank BankDirect	Strong	Sound	Exceptional	Exceptional	Exceptional	$3,232Fees	0.067%Above	336
6	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Strong*	Exceptional	Sound	Strong	$1,878Fees	0.111%Below	153
7	Truist Bank BankDirect	Strong	Strong	Strong	Sound	Exceptional	$537Credit	0.137%Below	441
8	FREEDOM MORTGAGE CORPORATION Independent Mortgage CompanyDirect & Wholesale	Strong	Strong*	Exceptional	Strong	Strong	$2,286Fees	0.077%Above	140
9	INTERCOASTAL MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Strong	Strong	Strong	Strong	$2,701Fees	0.077%Above	71
10	NFM, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$4,036Fees	0.305%Above	173
11	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$2,856Fees	0.059%Above	110
12	United Bank BankDirect	Strong	Strong	Strong	Strong	Strong	$2,336Fees	0.008%Below	137
13	FIRST HOME MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Exceptional	Exceptional	$3,897Fees	0.297%Above	483
14	Atlantic Coast Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$2,846Fees	0.103%Above	222
15	Sandy Spring Bank BankDirect	Strong	Strong	Strong	Strong	Exceptional	$1,059Fees	0.105%Above	193
16	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$2,230Fees	0.264%Above	169
17	Shore United Bank, N.A. BankDirect	Strong	Sound	Strong	Strong	Exceptional	$3,805Fees	0.159%Above	117
18	Ameris Bank BankDirect	Strong	Sound	Exceptional	Strong	Strong	$3,598Fees	0.143%Above	67
19	EMBRACE HOME LOANS, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,721Fees	0.267%Above	242
20	BAY EQUITY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,117Fees	0.018%Below	217
21	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,227Fees	0.017%Above	180
22	Flagstar Bank, N.A. BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Sound	$3,359Fees	0.084%Above	39
23	Vellum Mortgage, Inc. Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Exceptional	Exceptional	$2,894Fees	0.155%Above	152
24	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,616Fees	0.211%Above	137
25	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,464Fees	0.196%Above	112
26	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,323Fees	0.048%Above	88
27	FIRST SAVINGS MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,505Fees	0.159%Above	287
28	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,315Fees	0.311%Above	66
29	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Strong	$2,713Fees	0.181%Above	223
30	HOMESPIRE MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$4,117Fees	0.436%Above	156
31	Presidential Bank, FSB BankDirect	Strong	Acceptable	Strong	Strong	Strong	$3,637Fees	0.222%Above	124
32	STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED Credit UnionDirect	Strong	Strong	Strong	Sound	Exceptional	$814Fees	0.528%Below	123
33	Capital Bank, National Association BankDirect	Strong	Strong	Strong	Sound	Strong	$1,814Fees	0.143%Above	86
34	T2 FINANCIAL LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,329Fees	0.295%Above	72
35	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$2,873Fees	0.330%Above	29
36	LOWER, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,209Fees	0.062%Above	117
37	DIRECT MORTGAGE LOANS, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Exceptional	Strong	$4,171Fees	0.325%Above	97
38	THE MORTGAGE LINK, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,744Fees	0.353%Above	92
39	UNION HOME MORTGAGE CORP. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Strong	$3,820Fees	0.416%Above	62
40	PRIMELENDING, A PLAINSCAPITAL COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,452Fees	0.263%Above	58
41	OCMBC, INC. Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$2,037Fees	1.143%Above	38
42	SOFI BANK, NATIONAL ASSOCIATION BankDirect	Strong	Exceptional	Strong	Sound	Sound	$362Credit	0.017%Below	30
43	Integrity Home Mortgage Corporation Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,458Fees	0.521%Above	60
44	Sierra Pacific Mortgage Company, Inc. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$2,755Fees	0.224%Above	32
45	EQUITY RESOURCES, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Sound	$2,808Fees	0.265%Above	41
46	FIDELITY DIRECT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Strong	Exceptional	Strong	$3,622Fees	0.310%Above	71
47	PRIMARY RESIDENTIAL MORTGAGE, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Exceptional	Strong	Strong	$4,257Fees	0.262%Above	68
48	CITY LENDING INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Exceptional	Strong	$5,839Fees	0.822%Above	55
49	AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC Independent Mortgage CompanyDirect	Sound	Mediocre	Exceptional	Strong	Sound	$5,806Fees	0.534%Above	45
50	MUTUAL OF OMAHA MORTGAGE, INC. Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Sound	Sound	$353Fees	0.156%Below	41

❓ Frequently Asked Questions

How are mortgage lenders ranked in Frederick?+

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 Frederick), 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 Frederick?+

Based on 2024 HMDA data, 148 lenders originated a combined 13,067 loans in Frederick. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

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

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Frederick is 0.16%. 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 Frederick'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.