Safe Rate Rankings

Best Mortgage Lenders in Palm Bay

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.
Total Lenders112
Total Loans9,750
Median Rate Spread0.26%
Palm Bay Market Insights
  • United Wholesale Mortgage is Safe Rate's top-ranked lender in Palm Bay, leading the composite scorecard across pricing, pullthrough, products, and local expertise.
  • Top-ranked by institution type in Palm Bay: Bank: Us Bank National Association (#4). Credit union: Space Coast Credit Union (#2). Mortgage company: United Wholesale Mortgage (#1).
  • There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Palm Bay, Navy Federal Credit Union and Nbkc Bank scores highest on 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 Palm Bay, 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 Palm Bay: Rocket Mortgage (#6) and United Wholesale Mortgage (#1).

Explore Rankings by Type

By Loan Product

Lenders often score differently for different loan products. Get tailored rankings by selecting your product type.

By Institution Type

Some consumers only want to work with a credit union, bank, or focused mortgage company. See our rankings here!

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

RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
UNITED WHOLESALE MORTGAGE, LLC
Independent Mortgage CompanyWholesale
Strong
Sound*
Exceptional
Exceptional
$3,157Fees
0.149%Above
1,253
2
SPACE COAST CREDIT UNION
Credit UnionDirect
Strong
Strong
Sound
Exceptional
$349Fees
0.236%Below
458
3
NAVY FEDERAL CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Sound
Strong
$681Fees
0.548%Below
172
4
U.S. Bank National Association
BankDirect
Strong
Strong
Strong
Strong
$1,401Fees
0.150%Above
167
5
FBC MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Strong*
Exceptional
Strong
$2,988Fees
0.007%Below
161
6
ROCKET MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
$4,255Fees
0.243%Above
743
7
Bank of America, National Association
BankDirect
Strong
Strong
Strong
Strong
$1,453Fees
0.142%Below
62
8
First Heritage Mortgage, LLC
Independent Mortgage CompanyDirect
Strong
Sound
Exceptional
Strong
$3,159Fees
0.468%Below
80
9
Truist Bank
BankDirect
Strong
Strong
Strong
Strong
$1,858Fees
0.068%Above
82
10
NBKC BANK
BankDirect
Strong
Exceptional
Sound
Sound
$641Fees
0.361%Below
25
11
THE MORTGAGE FIRM, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$3,362Fees
0.495%Above
534
12
FREEDOM MORTGAGE CORPORATION
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$2,425Fees
0.011%Above
199
13
LOANDEPOT.COM, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$3,384Fees
0.300%Above
173
14
COMMUNITY CREDIT UNION of FLORIDA
Credit UnionDirect
Strong
Sound
Sound
Exceptional
$1,345Fees
0.010%Above
131
15
COASTAL LOANS, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$5,294Fees
0.136%Above
193
16
ALKAN MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Strong
Strong
Strong
65
17
Flagstar Bank, N.A.
BankDirect & Wholesale
Strong
Acceptable*
Strong
Strong
$3,001Fees
0.289%Above
138
18
JPMorgan Chase Bank, National Association
BankDirect & Wholesale
Strong
Sound*
Strong
Strong
$2,489Fees
0.269%Above
99
19
PENNYMAC LOAN SERVICES, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$763Fees
0.029%Below
92
20
Wells Fargo Bank, National Association
BankDirect
Strong
Strong
Sound
Strong
$2,036Fees
0.041%Above
80
21
PROVIDENT FUNDING ASSOCIATES, L.P.
Independent Mortgage CompanyWholesale
Strong
Exceptional*
Sound
Sound
$1,894Fees
0.135%Below
23
22
CROSSCOUNTRY MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$3,013Fees
0.339%Above
423
23
Mortgage Research Center, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Strong
$5,117Fees
0.789%Above
242
24
DYBN FINANCIAL CORP.
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$2,897Fees
0.134%Above
221
25
EMBRACE HOME LOANS, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Strong
$4,302Fees
0.155%Above
151
26
NFM, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
$3,031Fees
0.422%Below
111
27
MOVEMENT MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
$3,194Fees
0.444%Above
71
28
CMG MORTGAGE, INC.
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Strong
$3,393Fees
0.253%Above
68
29
T2 FINANCIAL LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Strong
$3,469Fees
0.627%Above
63
30
THE LOAN STORE, INC.
Independent Mortgage CompanyWholesale
Sound
Acceptable*
Strong
Strong
$2,450Fees
0.052%Above
56
31
INSPIRE HOME LOANS INC.
Independent Mortgage CompanyDirect
Sound
Sound
Strong
Sound
$1,104Credit
0.368%Above
43
32
SouthState Bank, National Association
BankDirect
Sound
Sound
Strong
Sound
$2,664Fees
0.309%Above
32
33
LAUNCH CREDIT UNION
Credit UnionDirect
Sound
Strong
Acceptable
Strong
$875Fees
0.322%Above
54
34
Plains Commerce Bank
BankWholesale
Sound
Acceptable*
Strong
Strong
$2,953Fees
0.412%Above
95
35
FIRST COMMUNITY MORTGAGE, INC.
Independent Mortgage CompanyDirect & Wholesale
Sound
Acceptable*
Exceptional
Sound
$2,201Fees
0.469%Above
28
36
SWBC MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Sound
$970Fees
0.360%Above
26
37
RMC HOME MORTGAGE, LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Strong
Strong
$3,942Fees
0.255%Above
138
38
DIRECT MORTGAGE LOANS, LLC
Independent Mortgage CompanyDirect
Sound
Mediocre
Exceptional
Strong
$4,049Fees
0.395%Above
92
39
GUARANTEED RATE, INC.
Independent Mortgage CompanyDirect
Sound
Sound
Strong
Sound
$2,106Fees
0.192%Above
51
40
NEWREZ LLC
Independent Mortgage CompanyDirect & Wholesale
Sound
Acceptable*
Sound
Strong
$2,577Fees
0.312%Above
119
41
Regions Bank
BankDirect
Sound
Sound
Strong
Strong
$1,443Fees
0.372%Above
54
42
GUILD MORTGAGE COMPANY LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Sound
$3,755Fees
0.420%Above
44
43
KIND LENDING, LLC
Independent Mortgage CompanyWholesale
Sound
Acceptable*
Strong
Sound
$2,553Fees
0.233%Above
33
44
MUTUAL OF OMAHA MORTGAGE, INC.
Independent Mortgage CompanyDirect
Sound
Sound
Sound
Sound
$2,946Fees
0.238%Above
29
45
PLAZA HOME MORTGAGE, INC.
Independent Mortgage CompanyWholesale
Sound
Acceptable*
Strong
Sound
$3,757Fees
0.359%Above
43
46
UNION HOME MORTGAGE CORP.
Independent Mortgage CompanyDirect & Wholesale
Sound
Acceptable*
Exceptional
Sound
$3,075Fees
0.585%Above
42
47
PRIMELENDING, A PLAINSCAPITAL COMPANY
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Sound
$3,056Fees
0.687%Above
32
48
EVERETT FINANCIAL, INC.
Independent Mortgage CompanyDirect
Sound
Mediocre
Exceptional
Strong
$3,889Fees
0.664%Above
92
49
USAA Federal Savings Bank
BankDirect
Sound
Sound
Sound
Strong
$1,292Fees
0.123%Below
54
50
Paramount Residential Mortgage Group, Inc.
Independent Mortgage CompanyDirect & Wholesale
Sound
Acceptable*
Strong
Strong
$3,915Fees
0.596%Above
54

Frequently Asked Questions

How are mortgage lenders ranked in Palm Bay?+

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 Palm Bay), 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 Palm Bay?+

Based on 2024 HMDA data, 112 lenders originated a combined 9,750 loans in Palm Bay. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

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

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Palm Bay 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 Palm Bay'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 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

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.