Safe Rate Rankings

Best Mortgage Lenders in Reading

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 Lenders67

Total Loans3,730

Median Rate Spread0.36%

Reading Market Insights

Customers Bank is Safe Rate's top-ranked lender in Reading, leading the composite scorecard across pricing, pullthrough, products, and local expertise.
Top-ranked by institution type in Reading: Bank: Customers Bank (#1). Credit union: Pennsylvania State Employees Credit Union (#6). Mortgage company: Mortgage America (#2).
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Reading, Navy Federal Credit Union and Customers 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 #5 in Reading, 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 Reading: Rocket Mortgage (#4) and Mortgage America (#2).

Explore Rankings by Type

By Loan Product

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

FHA Loans Conventional Loans VA Loans USDA Loans

By Institution Type

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

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	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Customers Bank BankDirect	Exceptional	Exceptional	Exceptional	Exceptional	$655Fees	0.036%Above	130
2	Mortgage America, Inc. Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Exceptional	$2,974Fees	0.272%Above	350
3	Tompkins Community Bank BankDirect	Strong	Exceptional	Exceptional	Sound	$972Fees	0.045%Below	26
4	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	$4,033Fees	0.435%Above	350
5	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Sound*	Exceptional	Exceptional	$3,236Fees	0.200%Above	185
6	PENNSYLVANIA STATE EMPLOYEES Credit Union Credit UnionDirect	Strong	Exceptional	Strong	Sound	$536Fees	0.111%Below	22
7	Univest Bank and Trust Co. BankDirect	Strong	Sound	Strong	Exceptional	$2,337Fees	0.127%Above	114
8	Truist Bank BankDirect	Strong	Strong	Strong	Strong	$1,998Fees	0.239%Above	62
9	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Sound	Sound	$823Fees	0.353%Below	23
10	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	$3,780Fees	0.390%Above	225
11	First Commonwealth Federal Credit Union Credit UnionDirect	Strong	Strong	Strong	Strong	$652Fees	0.128%Above	27
12	Manufacturers and Traders Trust Company BankDirect	Strong	Strong	Strong	Sound	$225Fees	0.300%Above	25
13	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	$3,521Fees	0.502%Above	96
14	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Strong	Strong	$2,557Fees	0.245%Above	81
15	First National Bank of Pennsylvania BankDirect	Strong	Sound	Strong	Sound	$924Fees	0.193%Above	37
16	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Exceptional	$4,100Fees	0.602%Above	297
17	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Sound	Strong	$2,152Fees	0.189%Above	57
18	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Strong	Strong	$2,790Fees	0.570%Above	52
19	Fulton Bank, National Association BankDirect	Strong	Sound	Strong	Strong	$1,449Fees	0.459%Above	118
20	FREEDOM MORTGAGE CORPORATION Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Strong	Strong	$2,149Fees	0.130%Above	43
21	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	$3,406Fees	0.437%Above	101
22	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Sound	Sound	Strong	Strong	$2,816Fees	0.389%Above	61
23	Homesale Mortgage, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	$1,827Fees	0.553%Above	50
24	Prosperity Home Mortgage, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	$2,412Fees	0.402%Above	39
25	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Sound	Sound*	Strong	Sound	$3,048Fees	0.283%Above	28
26	FIRST COMMUNITY MORTGAGE, INC. Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Sound	$2,275Fees	0.329%Above	27
27	Diamond Credit Union Credit UnionDirect	Sound	Sound	Acceptable	Exceptional	$752Fees	0.211%Above	72
28	The Ephrata National Bank BankDirect	Sound	Acceptable	Strong	Strong	$2,974Fees	0.362%Above	34
29	CONTOUR MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	$3,021Fees	0.705%Above	66
30	AMERIHOME MORTGAGE COMPANY, LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Sound*	Sound	Strong	$3,494Fees	0.370%Above	57
31	Mortgage Research Center, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	$412Fees	0.547%Above	45
32	PLAZA HOME MORTGAGE, INC. Independent Mortgage CompanyWholesale	Sound	Acceptable*	Strong	Sound	$3,026Fees	0.344%Above	40
33	Flagstar Bank, N.A. BankDirect & Wholesale	Sound	Acceptable*	Strong	Sound	$3,176Fees	0.412%Above	23
34	UNION HOME MORTGAGE CORP. Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Sound	$2,210Fees	0.588%Above	33
35	RIVERFRONT FEDERAL CREDIT UNION Credit UnionDirect	Sound	—	Sound	Strong	$54Fees	0.359%Above	25
36	NFM, INC. Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Sound	$4,324Fees	0.389%Above	20
37	Flanagan State Bank BankDirect	Sound	Acceptable	Sound	Strong	$4,971Fees	0.993%Above	67
38	GUARANTEED RATE AFFINITY, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Strong	$3,425Fees	0.399%Above	49
39	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Sound	Strong	$2,779Fees	0.439%Above	46
40	Paramount Residential Mortgage Group, Inc. Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Strong	Sound	$4,163Fees	0.613%Above	31
41	NATIONSTAR MORTGAGE LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	$3,694Fees	0.554%Above	36
42	NEW AMERICAN FUNDING, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Sound	Strong	$3,420Fees	0.556%Above	77
43	SUCCESS MORTGAGE PARTNERS, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	$4,576Fees	0.648%Above	44
44	EAST COAST CAPITAL CORP. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Sound	$5,054Fees	1.080%Above	24

❓ Frequently Asked Questions

How are mortgage lenders ranked in Reading, 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 Reading, 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 Reading, PA?+

Based on 2024 HMDA data, 67 lenders originated a combined 3,730 loans in Reading, 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 Reading, PA?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Reading, PA is 0.36%. 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 Reading, PA'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)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

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.