# Best Mortgage Lenders in Philadelphia, PA

**As of:** 2026-06-04

Compare the top mortgage lenders in Philadelphia, PA. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/local/philadelphia-pa/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 163
- **Total Loans:** 17,577
- **Median Rate Spread:** 0.3056838709677419%

## Top Lenders

| Rank | Lender | Safe Rate Score | Pricing | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [Customers Bank](https://saferate.com/lenders/customers-bank) | 83 | 92 | 83 | 74 | $846 | -0.181% | 78 | Bank | Direct | — |
| 2 | [Wilmington Savings Fund Society, FSB](https://saferate.com/lenders/wilmington-savings-fund-society-fsb) | 82 | 74 | 77 | 95 | -$1104 (Credit) | -0.112% | 458 | Bank | Direct | — |
| 3 | [OceanFirst Bank, National Association](https://saferate.com/lenders/oceanfirst-bank-national-association) | 82 | 94 | 83 | 70 | -$2433 (Credit) | -0.498% | 91 | Bank | Direct | — |
| 4 | [POLICE & FIRE](https://saferate.com/lenders/police-fire) | 81 | 91 | 62 | 90 | $199 | 0.170% | 305 | Credit Union | Direct | — |
| 5 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | 74 | 41 | 93 | 90 | $2672 | 0.275% | 835 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 6 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 74 | 73 | 75 | 74 | $1542 | -0.066% | 189 | Bank | Direct | — |
| 7 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | 74 | 93 | 60 | 68 | $875 | -0.408% | 122 | Credit Union | Direct | — |
| 8 | [ROCKET MORTGAGE, LLC](https://saferate.com/lenders/rocket-mortgage) | 73 | 29 | 95 | 97 | $3937 | 0.389% | 1,404 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Rocket Mortgage directly or with a mortgage broker. |
| 9 | [Morgan Stanley Private Bank, National Association](https://saferate.com/lenders/morgan-stanley-private-bank-national-association) | 73 | 94 | 66 | 58 | $270 | -0.513% | 50 | Bank | Direct | — |
| 10 | [ESSA Bank & Trust](https://saferate.com/lenders/essa-bank-trust) | 72 | 81 | 60 | 74 | -$3200 (Credit) | 0.047% | 86 | Bank | Direct | — |
| 11 | [NATION ONE MORTGAGE CORPORATION](https://saferate.com/lenders/nation-one-mortgage) | 72 | 61 | 94 | 61 | N/A | N/A | 48 | Independent Mortgage Company | Direct | — |
| 12 | [Prosperity Home Mortgage, LLC](https://saferate.com/lenders/prosperity-home-mortgage) | 71 | 37 | 77 | 99 | $1440 | 0.356% | 1,125 | Independent Mortgage Company | Direct | — |
| 13 | [Citizens Bank, National Association](https://saferate.com/lenders/citizens-bank-national-association) | 71 | 69 | 62 | 80 | $400 | 0.055% | 263 | Bank | Direct | — |
| 14 | [MERIDIAN BANK](https://saferate.com/lenders/meridian-bank) | 71 | 49 | 81 | 83 | $2125 | 0.031% | 228 | Bank | Direct | — |
| 15 | [PROVIDENT FUNDING ASSOCIATES, L.P.](https://saferate.com/lenders/provident-funding-associates-lp) | 71 | 83 | 55 | 74 | $1294 | -0.086% | 171 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 16 | [PENNSYLVANIA STATE EMPLOYEES Credit Union](https://saferate.com/lenders/pennsylvania-state-employees-credit-union) | 71 | 83 | 73 | 58 | $554 | -0.301% | 37 | Credit Union | Direct | — |
| 17 | [Mortgage America, Inc.](https://saferate.com/lenders/mortgage-america) | 70 | 50 | 81 | 81 | $2129 | 0.008% | 191 | Independent Mortgage Company | Direct | — |
| 18 | [First Citizens Community Bank](https://saferate.com/lenders/first-citizens-community-bank) | 70 | 54 | 71 | 84 | $2239 | 0.018% | 184 | Bank | Direct | — |
| 19 | [GUARANTEED RATE, INC.](https://saferate.com/lenders/guaranteed-rate) | 69 | 41 | 69 | 96 | $3160 | 0.060% | 1,097 | Independent Mortgage Company | Direct | — |
| 20 | [KEYSTONE FUNDING, INC.](https://saferate.com/lenders/keystone-funding) | 69 | 42 | 88 | 76 | $2196 | 0.435% | 152 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 21 | [MOVEMENT MORTGAGE, LLC](https://saferate.com/lenders/movement-mortgage) | 68 | 32 | 84 | 90 | $2920 | 0.339% | 671 | Independent Mortgage Company | Direct | — |
| 22 | [Quaint Oak Mortgage, LLC](https://saferate.com/lenders/quaint-oak-mortgage) | 68 | 36 | 78 | 91 | $2851 | 0.275% | 301 | Independent Mortgage Company | Direct | — |
| 23 | [Univest Bank and Trust Co.](https://saferate.com/lenders/univest-bank-and-trust) | 68 | 58 | 68 | 78 | $2081 | -0.011% | 142 | Bank | Direct | — |
| 24 | [Firstrust Savings Bank](https://saferate.com/lenders/firstrust-savings-bank) | 67 | 57 | 67 | 77 | $1522 | 0.420% | 107 | Bank | Direct | — |
| 25 | [State Financial Network, LLC](https://saferate.com/lenders/state-financial-network) | 67 | 80 | 53 | 68 | $733 | 0.013% | 50 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 26 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 67 | 75 | 71 | 54 | $1503 | -0.133% | 40 | Bank | Direct | — |
| 27 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 66 | 49 | 70 | 79 | $1909 | -0.008% | 301 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with JPMorgan Chase Bank, National Association directly or with a mortgage broker. |
| 28 | [Wells Fargo Bank, National Association](https://saferate.com/lenders/wells-fargo-bank-national-association) | 66 | 63 | 59 | 77 | $1276 | 0.026% | 244 | Bank | Direct | — |
| 29 | [MortgageCountry, LLC](https://saferate.com/lenders/mortgagecountry) | 66 | N/A | 68 | 81 | N/A | N/A | 144 | Independent Mortgage Company | Direct | — |
| 30 | [AMERICAN HERITAGE FCU](https://saferate.com/lenders/american-heritage-fcu) | 66 | N/A | 70 | 78 | $529 | -0.161% | 114 | Credit Union | Direct | — |
| 31 | [PNC Bank, National Association](https://saferate.com/lenders/pnc-bank-national-association) | 66 | 71 | 61 | 67 | -$120 (Credit) | 0.103% | 103 | Bank | Direct | — |
| 32 | [CROSSCOUNTRY MORTGAGE, LLC](https://saferate.com/lenders/crosscountry-mortgage) | 65 | 20 | 76 | 100 | $3902 | 0.372% | 1,558 | Independent Mortgage Company | Direct | — |
| 33 | [PENNYMAC LOAN SERVICES, LLC](https://saferate.com/lenders/pennymac-loan-services) | 65 | 56 | 63 | 76 | $1650 | 0.245% | 226 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Pennymac Loan Services directly or with a mortgage broker. |
| 34 | [Philadelphia Mortgage Advisors, Inc.](https://saferate.com/lenders/philadelphia-mortgage-advisors) | 65 | 47 | 65 | 85 | $2537 | -0.018% | 177 | Independent Mortgage Company | Direct | — |
| 35 | [LOANDEPOT.COM, LLC](https://saferate.com/lenders/loandepotcom) | 65 | 48 | 76 | 72 | $2934 | 0.316% | 169 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Loandepot.Com directly or with a mortgage broker. |
| 36 | [Advisors Mortgage Group, L.L.C.](https://saferate.com/lenders/advisors-mortgage-group) | 65 | 45 | 83 | 67 | $2759 | 0.358% | 83 | Independent Mortgage Company | Direct | — |
| 37 | [The Huntington National Bank](https://saferate.com/lenders/the-huntington-national-bank) | 65 | 61 | 75 | 59 | $1617 | 0.479% | 60 | Bank | Direct | — |
| 38 | [Truist Bank](https://saferate.com/lenders/truist-bank) | 65 | 70 | 68 | 58 | -$1214 (Credit) | -0.011% | 54 | Bank | Direct | — |
| 39 | [CMG MORTGAGE, INC.](https://saferate.com/lenders/cmg-mortgage) | 64 | 33 | 81 | 79 | $3084 | 0.332% | 290 | Independent Mortgage Company | Direct | — |
| 40 | [ALLIED MORTGAGE GROUP, INC.](https://saferate.com/lenders/allied-mortgage-group) | 64 | 44 | 61 | 85 | $2385 | 0.493% | 278 | Independent Mortgage Company | Direct | — |
| 41 | [FREEDOM MORTGAGE CORPORATION](https://saferate.com/lenders/freedom-mortgage) | 64 | 55 | 67 | 69 | $1769 | 0.361% | 133 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Freedom Mortgage Corporation directly or with a mortgage broker. |
| 42 | [Mid Penn Bank](https://saferate.com/lenders/mid-penn-bank) | 64 | 75 | 46 | 73 | $1102 | 0.231% | 79 | Bank | Direct | — |
| 43 | [PHILADELPHIA FEDERAL CREDIT UNION](https://saferate.com/lenders/philadelphia-federal-credit-union) | 64 | 74 | 47 | 72 | $545 | 0.079% | 68 | Credit Union | Direct | — |
| 44 | [First National Bank of Pennsylvania](https://saferate.com/lenders/first-national-bank-of-pennsylvania) | 63 | 60 | 71 | 57 | $1153 | -0.027% | 45 | Bank | Direct | — |
| 45 | [GREENTREE MORTGAGE COMPANY, L.P.](https://saferate.com/lenders/greentree-mortgage-company-lp) | 62 | 31 | 79 | 76 | $2723 | 0.392% | 139 | Independent Mortgage Company | Direct | — |
| 46 | [FIRST HERITAGE FINANCIAL, LLC](https://saferate.com/lenders/first-heritage-financial) | 62 | N/A | 62 | 73 | $1894 | -0.518% | 81 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with First Heritage Financial directly or with a mortgage broker. |
| 47 | [TD Bank, National Association](https://saferate.com/lenders/td-bank-national-association) | 61 | 47 | 57 | 77 | -$480 (Credit) | 0.166% | 192 | Bank | Direct | — |
| 48 | [DAS Acquisition Company, LLC](https://saferate.com/lenders/das-acquisition-company) | 60 | 26 | 80 | 72 | $2849 | 0.385% | 144 | Independent Mortgage Company | Direct | — |
| 49 | [NFM, INC.](https://saferate.com/lenders/nfm) | 59 | 23 | 87 | 66 | $2856 | 0.512% | 102 | Independent Mortgage Company | Direct | — |
| 50 | [NATIONS DIRECT MORTGAGE, LLC](https://saferate.com/lenders/nations-direct-mortgage) | 59 | 38 | 74 | 65 | $1862 | 0.354% | 79 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Philadelphia, PA.

Our composite Safe Rate Score is derived using a weighted average of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.
## Market Insights

- Customers Bank is Safe Rate's top-ranked lender in Philadelphia, leading the composite scorecard across pricing, pullthrough, products, and local expertise.
- Top-ranked by institution type in Philadelphia: Bank: Customers Bank (#1). Credit union: Police Fire (#4). Mortgage company: United Wholesale Mortgage (#5).
- There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Philadelphia, Oceanfirst Bank National Association and Morgan Stanley Private Bank National Association 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 #5 in Philadelphia, 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 Philadelphia: Rocket Mortgage (#8) and Crosscountry Mortgage (#32).


## Frequently Asked Questions

### How are mortgage lenders ranked in Philadelphia, PA?

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 Philadelphia, PA), 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 Philadelphia, PA?

Based on 2024 HMDA data, 163 lenders originated a combined 17,577 loans in Philadelphia, PA. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

### What does the rate spread tell me about a lender in Philadelphia, PA?

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Philadelphia, PA is 0.31%. 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 Philadelphia, PA's rankings, all three institution types are evaluated on the same HMDA performance metrics.

## Licensing & Disclosures

Lender rankings and market statistics are created by [Dylan Hall, licensed mortgage loan officer (NMLS #1658740)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/INDIVIDUAL/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)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/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.