Safe Rate Rankings

Best Conventional Mortgage Lenders in Nashville

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 Lenders230

Total Loans31,402

Median Rate Spread0.26%

Nashville Market Insights

United Wholesale Mortgage is Safe Rate's top-ranked Conventional lender in Nashville, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Nashville, Navy Federal Credit Union and Old National Bank 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 #1 in Nashville, 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 Nashville: Rocket Mortgage (#4) and Legacy Home Loans (#5).

Explore Rankings by Type

Overall Rankings

All lenders in Nashville

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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	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Exceptional	Acceptable*	Exceptional	Exceptional	Exceptional	$3,363Fees	0.024%Above	2,369
2	U.S. Bank National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,400Fees	0.105%Above	424
3	Old National Bank BankDirect	Strong	Exceptional	Exceptional	Strong	Exceptional	$1,130Fees	0.034%Above	345
4	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$4,690Fees	0.199%Above	2,107
5	Legacy Home Loans, LLC Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Exceptional	$1,868Fees	0.146%Above	1,104
6	FirstBank BankDirect	Strong	Sound	Exceptional	Strong	Exceptional	$2,182Fees	0.139%Above	932
7	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Strong	$642Fees	0.592%Below	187
8	Liberty Credit UnionDirect	Strong	Strong	Exceptional	Strong	Strong	$1,776Fees	0.466%Above	185
9	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$3,874Fees	0.329%Above	1,585
10	Pinnacle Bank BankDirect	Strong	Sound	Strong	Strong	Exceptional	$2,470Fees	0.050%Above	648
11	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,811Fees	0.017%Above	482
12	Bank of America, National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,460Fees	0.176%Below	212
13	Truist Bank BankDirect	Strong	Strong	Exceptional	Strong	Strong	$746Fees	0.022%Above	154
14	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$2,284Fees	0.187%Below	755
15	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$3,154Fees	0.202%Above	690
16	Morgan Stanley Private Bank, National Association BankDirect	Strong	Exceptional	Strong	Sound	Strong	$430Fees	0.434%Below	79
17	FIRST COMMUNITY MORTGAGE, INC. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Exceptional	$3,895Fees	0.426%Above	683
18	SWBC MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,106Fees	0.230%Above	518
19	First Horizon Bank BankDirect	Strong	Sound	Exceptional	Strong	Exceptional	$2,095Fees	0.015%Above	346
20	Ameris Bank BankDirect	Strong	Sound	Exceptional	Strong	Strong	$2,209Fees	0.254%Above	320
21	VANDERBILT MORTGAGE AND FINANCE, INC. Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Exceptional	$2,837Fees	0.111%Above	474
22	Citizens Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Strong	$903Credit	0.038%Above	123
23	ServisFirst Bank BankDirect	Strong	Sound	Strong	Strong	Strong	$2,171Fees	0.129%Above	91
24	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,699Fees	0.144%Above	427
25	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$4,347Fees	0.379%Above	423
26	ASCEND FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Sound	Sound	Exceptional	$597Fees	0.737%Below	239
27	Cadence Bank BankDirect	Strong	Sound	Exceptional	Strong	Strong	$2,618Fees	0.049%Below	175
28	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Strong	$1,917Fees	0.078%Below	168
29	Fifth Third Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Strong	$692Fees	0.027%Above	168
30	NBKC BANK BankDirect	Strong	Exceptional	Strong	Sound	Sound	$701Fees	0.272%Below	68
31	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$4,657Fees	0.557%Above	583
32	Regions Bank BankDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$1,522Fees	0.233%Above	392
33	MORTGAGE INVESTORS GROUP, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,726Fees	0.119%Above	270
34	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$2,483Fees	0.014%Below	414
35	Renasant Bank BankDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$3,336Fees	0.081%Above	139
36	Heritage Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$3,299Fees	0.257%Above	116
37	FIRST COLONY MORTGAGE CORPORATION Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,472Fees	0.334%Above	79
38	Bell Bank BankDirect	Strong	Acceptable	Exceptional	Strong	Sound	$3,531Fees	0.283%Above	65
39	MUTUAL OF OMAHA MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Strong	Sound	Strong	$2,039Fees	0.285%Above	135
40	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$4,561Fees	0.499%Above	104
41	THE LOAN STORE, INC. Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,197Fees	0.287%Above	103
42	Flagstar Bank, N.A. BankDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$3,054Fees	0.289%Above	80
43	AMERICAN PACIFIC MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Strong	$5,070Fees	0.463%Above	270
44	UNION HOME MORTGAGE CORP. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$3,880Fees	0.376%Above	123
45	RELIANCE FIRST CAPITAL, LLC Independent Mortgage CompanyDirect	Strong	—	Strong	Strong	Strong	—	—	84
46	NEW AMERICAN FUNDING, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Sound	Strong	$3,603Fees	0.462%Above	280
47	INSPIRE HOME LOANS INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Strong	$3,981Fees	0.414%Above	226
48	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$2,698Fees	0.262%Above	217
49	FIRST EQUITY MORTGAGE INCORPORATED Independent Mortgage CompanyDirect	Strong	Strong	Strong	Sound	Strong	$1,003Fees	0.370%Below	132
50	JET HOMELOANS, LP Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$2,874Fees	0.265%Above	99

❓ Frequently Asked Questions

How are mortgage lenders ranked in Nashville?+

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 Nashville), 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 Nashville?+

Based on 2024 HMDA data, 230 lenders originated a combined 31,402 loans in Nashville. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

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

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Nashville is 0.26%. 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 Nashville'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.