Safe Rate Rankings

Best Conventional Mortgage Lenders in New Orleans

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 Lenders83

Total Loans6,170

Median Rate Spread0.37%

New Orleans Market Insights

Dsld Mortgage is Safe Rate's top-ranked Conventional lender in New Orleans, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In New Orleans, Dsld Mortgage 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 #2 in New Orleans, 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 New Orleans: Rocket Mortgage (#4) and Fidelity Bank La (#16).

Explore Rankings by Type

Overall Rankings

All lenders in New Orleans

Need rankings for a different loan product?

FHA Loans VA Loans Jumbo Loans USDA 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	DSLD MORTGAGE, LLC Independent Mortgage CompanyDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$166Fees	0.096%Below	94
2	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,218Fees	0.375%Above	533
3	GMFS LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Exceptional	Exceptional	$1,585Fees	0.297%Above	380
4	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,814Fees	0.424%Above	499
5	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Strong	$647Fees	0.227%Below	105
6	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$2,184Fees	0.202%Above	285
7	Gulf Coast Bank and Trust Company BankDirect	Strong	Sound	Strong	Strong	Exceptional	$1,948Fees	0.329%Above	359
8	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,745Fees	0.457%Above	291
9	First Horizon Bank BankDirect	Strong	Sound	Exceptional	Strong	Exceptional	$2,044Fees	0.123%Above	253
10	Red River Bank BankDirect	Strong	Exceptional	Strong	Strong	Sound	$1,672Fees	0.009%Below	24
11	HANCOCK WHITNEY BANK BankDirect	Strong	Strong	Strong	Strong	Exceptional	$1,579Fees	0.141%Above	247
12	CREDIT HUMAN FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Sound	Sound	Strong	$1,466Fees	0.155%Above	87
13	Jefferson Parish Employees FCU Credit UnionDirect	Strong	Exceptional	Acceptable	Strong	Strong	$499Fees	0.903%Below	38
14	BankPlus BankDirect	Strong	Strong	Strong	Strong	Strong	$975Fees	0.131%Above	37
15	Bank of America, National Association BankDirect	Strong	Strong	Exceptional	Strong	Sound	$1,869Fees	0.109%Below	23
16	FIDELITY BANK BankDirect	Strong	Acceptable	Strong	Strong	Exceptional	$3,701Fees	0.334%Above	429
17	STANDARD MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Strong	Strong	Strong	Strong	$1,731Fees	0.001%Below	79
18	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$3,730Fees	0.555%Above	53
19	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,053Fees	0.598%Above	130
20	Regions Bank BankDirect	Strong	Acceptable	Exceptional	Strong	Strong	$1,729Fees	0.410%Above	107
21	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,953Fees	0.558%Above	53
22	Flagstar Bank, N.A. BankDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,177Fees	0.308%Above	54
23	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Sound	$2,265Fees	0.106%Below	26
24	NBKC BANK BankDirect	Strong	Exceptional	Strong	Sound	Sound	$110Credit	0.217%Below	14
25	PRIMELENDING, A PLAINSCAPITAL COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$4,101Fees	0.494%Above	48
26	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$798Fees	0.140%Above	65
27	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Sound	$2,174Fees	0.427%Above	27
28	Cadence Bank BankDirect	Strong	Sound	Exceptional	Strong	Sound	$1,343Fees	0.508%Above	18
29	First American Bank and Trust BankDirect	Strong	—	Sound	Strong	Strong	$1,858Fees	0.679%Above	68
30	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$2,265Fees	0.420%Above	63
31	T2 FINANCIAL LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,897Fees	0.335%Above	46
32	JEFFERSON FINANCIAL FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Acceptable	Sound	Strong	$409Fees	0.240%Below	38
33	MUTUAL OF OMAHA MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Strong	Sound	Sound	$2,721Fees	0.235%Above	29
34	OnPath Federal Credit Union Credit UnionDirect	Strong	—	Sound	Strong	Strong	—	—	73
35	NEW AMERICAN FUNDING, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Sound	Strong	$2,443Fees	0.635%Above	66
36	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Sound	$3,979Fees	0.667%Above	18
37	FREEDOM MORTGAGE CORPORATION Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Strong	Sound	Strong	$2,042Fees	0.307%Above	131
38	LOWER, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$2,726Fees	0.485%Above	32
39	FIRST COMMUNITY MORTGAGE, INC. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Sound	$1,997Fees	0.826%Above	15
40	America's Mortgage Resource, Inc. Independent Mortgage CompanyDirect	Sound	Sound	Sound	Sound	Exceptional	$2,045Fees	0.187%Above	117
41	THE MORTGAGE FIRM, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	Strong	$2,922Fees	0.554%Above	60
42	Mortgage Research Center, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$1,978Fees	0.523%Above	121
43	PLANET HOME LENDING, LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Strong	Strong	Sound	$1,247Fees	0.600%Above	30
44	NATIONSTAR MORTGAGE LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Strong	Sound	$4,296Fees	0.290%Above	42
45	AMERICAN FINANCIAL NETWORK, INC. Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Strong	Sound	$2,662Fees	0.801%Above	26
46	Assurance Financial Group, L.L.C. Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	Sound	$3,358Fees	0.570%Above	20
47	INTERLINC MORTGAGE SERVICES, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	Sound	$2,907Fees	0.417%Above	29
48	SUMMIT FUNDING, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Exceptional	Strong	Sound	$3,447Fees	0.998%Above	27
49	Home Bank, National Association BankDirect	Sound	Sound	Sound	Sound	Sound	$1,316Fees	0.053%Above	20
50	LOANSTEADY LLC Independent Mortgage CompanyDirect	Sound	Sound	Strong	Sound	Sound	$2,617Fees	0.555%Above	16

❓ Frequently Asked Questions

How are mortgage lenders ranked in New Orleans?+

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 New Orleans), 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 New Orleans?+

Based on 2024 HMDA data, 83 lenders originated a combined 6,170 loans in New Orleans. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

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

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in New Orleans is 0.37%. 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 New Orleans'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.