Safe Rate Rankings

Best Conventional Mortgage Lenders in Syracuse

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 Lenders49

Total Loans5,037

Median Rate Spread0.28%

Syracuse Market Insights

Empower Federal Credit Union is Safe Rate's top-ranked Conventional lender in Syracuse, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Syracuse, Cfcu Community Credit Union and Empower Federal Credit Union scores highest on Conventional pricing while Rocket Mortgage and Sefcu Services leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #16 in Syracuse, 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 Syracuse: Rocket Mortgage (#5) and Empower Federal Credit Union (#1).

Explore Rankings by Type

Overall Rankings

All lenders in Syracuse

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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	Empower Federal Credit Union Credit UnionDirect	Exceptional	Exceptional	Strong	Exceptional	Exceptional	$0Fees	0.198%Above	710
2	SEFCU SERVICES, LLC Independent Mortgage CompanyDirect	Exceptional	Strong	Exceptional	Exceptional	Exceptional	$1,145Fees	0.211%Below	316
3	HOMESTEAD FUNDING CORP. Independent Mortgage CompanyDirect	Exceptional	Strong	Exceptional	Exceptional	Strong	$1,585Fees	0.306%Above	191
4	AMERICU Credit Union Credit UnionDirect	Strong	Strong	Strong	Strong	Exceptional	$1,363Fees	0.081%Above	241
5	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,690Fees	0.647%Above	500
6	PREMIUM MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Strong	Exceptional	Exceptional	Strong	$2,337Fees	0.173%Above	71
7	Tompkins Community Bank BankDirect	Strong	Exceptional	Strong	Exceptional	Sound	$933Fees	0.014%Above	35
8	CFCU COMMUNITY Credit Union Credit UnionDirect	Strong	Exceptional	Strong	Exceptional	Sound	$0Fees	0.732%Below	17
9	NBT Bank, National Association BankDirect	Strong	Exceptional	Strong	Strong	Strong	$1,013Fees	0.254%Below	121
10	Geddes Federal Savings and Loan Association BankDirect & Wholesale	Strong	Strong*	Strong	Strong	Exceptional	$1,580Fees	0.210%Below	197
11	Manufacturers and Traders Trust Company BankDirect	Strong	Sound	Exceptional	Strong	Strong	$1,169Fees	0.245%Above	134
12	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Sound	$533Fees	0.495%Below	57
13	HOME TOWN FUNDING, INC. Independent Mortgage CompanyWholesale	Strong	Exceptional*	Strong	Exceptional	Sound	$1,403Fees	0.014%Above	13
14	KeyBank National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,160Fees	0.044%Above	120
15	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,637Fees	0.509%Above	277
16	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Exceptional	Strong	$3,359Fees	0.260%Above	67
17	Community Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Strong	$313Fees	0.812%Above	174
18	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$2,655Fees	0.381%Above	77
19	Genesee Regional Bank BankDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,298Fees	0.465%Above	171
20	Solvay Bank BankDirect	Strong	Exceptional	Sound	Sound	Exceptional	$942Fees	0.107%Below	130
21	Bank of America, National Association BankDirect	Strong	Strong	Exceptional	Strong	Sound	$1,633Fees	0.059%Below	30
22	1ST PRIORITY MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$1,935Fees	0.214%Above	62
23	Citizens Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Sound	$1,385Fees	0.005%Above	27
24	PRIMELENDING, A PLAINSCAPITAL COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,675Fees	0.486%Above	108
25	The Lyons National Bank BankDirect	Strong	Strong	Strong	Strong	Sound	$1,402Fees	0.324%Above	36
26	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Sound	$2,327Fees	0.671%Above	34
27	PLAZA HOME MORTGAGE, INC. Independent Mortgage CompanyWholesale	Strong	Sound*	Exceptional	Strong	Strong	$2,831Fees	0.401%Above	97
28	NORTHERN CREDIT UNION Credit UnionDirect	Strong	Sound	Strong	Exceptional	Sound	$1,644Fees	0.205%Above	28
29	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Sound	$2,265Fees	0.361%Above	24
30	HUNT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$3,865Fees	0.476%Above	211
31	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,211Fees	0.579%Above	78
32	EVERETT FINANCIAL, INC. Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Strong	$2,871Fees	0.339%Above	249
33	RELIANCE FIRST CAPITAL, LLC Independent Mortgage CompanyDirect	Strong	—	Strong	Strong	Sound	—	—	24
34	SECNY Federal Credit Union Credit UnionDirect	Sound	Exceptional	Acceptable	Sound	Strong	$558Credit	0.098%Below	37
35	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Sound*	Exceptional	Sound	Sound	$2,072Fees	0.517%Above	21
36	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Strong	Sound	$1,667Fees	0.558%Above	23
37	Colorado Federal Savings Bank BankWholesale	Sound	Strong*	Strong	Sound	Sound	$1,075Fees	0.306%Above	14
38	NATIONSTAR MORTGAGE LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Strong	Sound	$3,548Fees	0.795%Above	50
39	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Sound	Sound	$2,180Fees	0.628%Above	23
40	AMERICAN FINANCIAL NETWORK, INC. Independent Mortgage CompanyDirect & Wholesale	Sound	Acceptable*	Exceptional	Strong	Sound	$229Credit	0.436%Above	14
41	THE SUMMIT Federal Credit Union Credit UnionDirect	Sound	Exceptional	Sound	Acceptable	Sound	$663Fees	0.128%Below	13
42	Farm Credit East, ACA Independent Mortgage CompanyDirect	Sound	Sound	Sound	Sound	Sound	$2,437Fees	0.026%Below	19
43	USAA Federal Savings Bank BankDirect	Sound	Sound	Strong	Acceptable	Sound	$2,078Fees	0.078%Above	34
44	ROYAL UNITED MORTGAGE LLC Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Strong	Sound	$3,797Fees	0.895%Above	21
45	COMPASS FEDERAL CREDIT UNION Credit UnionDirect	Sound	—	Mediocre	Sound	Sound	—	—	15
46	PARAGON HOME LOANS INC. Independent Mortgage CompanyDirect	Sound	Acceptable	Acceptable	Sound	Strong	$3,251Fees	0.461%Above	29

❓ Frequently Asked Questions

How are mortgage lenders ranked in Syracuse, NY?+

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 Syracuse, NY), 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 Syracuse, NY?+

Based on 2024 HMDA data, 49 lenders originated a combined 5,037 loans in Syracuse, NY. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in Syracuse, NY?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Syracuse, NY is 0.28%. 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 Syracuse, NY'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.