# Best Conventional Mortgage Lenders in Washington

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

Compare the top Conventional mortgage lenders in Washington. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/local/washington-state/best-mortgage-lenders/conventional-loans


> **📋 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:** 283
- **Total Loans:** 84,205
- **Median Rate Spread:** 0.2293949275362319%

## Top Lenders

| Rank | Lender | Safe Rate Score | Pricing | Product | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 81 | 75 | 92 | 69 | 89 | -$136 (Credit) | -0.111% | 1,709 | Bank | Direct | — |
| 2 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | 80 | 36 | 100 | 86 | 99 | $3115 | -0.001% | 6,493 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 3 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | 79 | 92 | 90 | 53 | 80 | $795 | -0.540% | 788 | Credit Union | Direct | — |
| 4 | [ROCKET MORTGAGE, LLC](https://saferate.com/lenders/rocket-mortgage) | 78 | 28 | 100 | 87 | 97 | $4078 | 0.120% | 5,275 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Rocket Mortgage directly or with a mortgage broker. |
| 5 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 77 | 71 | 87 | 67 | 83 | $321 | -0.283% | 957 | Bank | Direct | — |
| 6 | [Global Federal Credit Union](https://saferate.com/lenders/global-federal-credit-union) | 77 | 65 | 81 | 78 | 83 | $981 | -0.514% | 479 | Credit Union | Direct | — |
| 7 | [Boeing Employees Credit Union](https://saferate.com/lenders/boeing-employees-credit-union) | 76 | 72 | 78 | 55 | 100 | $762 | -0.030% | 2,369 | Credit Union | Direct | — |
| 8 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 76 | 52 | 95 | 71 | 87 | $1620 | -0.030% | 1,657 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with JPMorgan Chase Bank, National Association directly or with a mortgage broker. |
| 9 | [MOVEMENT MORTGAGE, LLC](https://saferate.com/lenders/movement-mortgage) | 75 | 34 | 94 | 77 | 97 | $3624 | 0.359% | 3,891 | Independent Mortgage Company | Direct | — |
| 10 | [KeyBank National Association](https://saferate.com/lenders/keybank-national-association) | 75 | 70 | 83 | 66 | 81 | $646 | -0.071% | 540 | Bank | Direct | — |
| 11 | [PROVIDENT FUNDING ASSOCIATES, L.P.](https://saferate.com/lenders/provident-funding-associates-lp) | 75 | 83 | 84 | 55 | 76 | $1702 | -0.116% | 472 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 12 | [PNC Bank, National Association](https://saferate.com/lenders/pnc-bank-national-association) | 75 | 75 | 87 | 63 | 74 | -$355 (Credit) | 0.007% | 374 | Bank | Direct | — |
| 13 | [Morgan Stanley Private Bank, National Association](https://saferate.com/lenders/morgan-stanley-private-bank-national-association) | 75 | 96 | 74 | 57 | 71 | $422 | -0.454% | 274 | Bank | Direct | — |
| 14 | [CMG MORTGAGE, INC.](https://saferate.com/lenders/cmg-mortgage) | 74 | 34 | 94 | 73 | 97 | $3758 | 0.314% | 3,718 | Independent Mortgage Company | Direct | — |
| 15 | [GUILD MORTGAGE COMPANY LLC](https://saferate.com/lenders/guild-mortgage-company) | 73 | 25 | 95 | 77 | 97 | $4531 | 0.328% | 3,807 | Independent Mortgage Company | Direct | — |
| 16 | [LOANDEPOT.COM, LLC](https://saferate.com/lenders/loandepotcom) | 73 | 45 | 90 | 72 | 84 | $2475 | 0.063% | 1,250 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Loandepot.Com directly or with a mortgage broker. |
| 17 | [Wells Fargo Bank, National Association](https://saferate.com/lenders/wells-fargo-bank-national-association) | 73 | 61 | 91 | 57 | 84 | $1397 | -0.145% | 1,126 | Bank | Direct | — |
| 18 | [SAMMAMISH MORTGAGE COMPANY](https://saferate.com/lenders/sammamish-mortgage) | 73 | 79 | 67 | 58 | 89 | $876 | 0.023% | 677 | Independent Mortgage Company | Direct | — |
| 19 | [Citibank, National Association](https://saferate.com/lenders/citibank-national-association) | 73 | 86 | 83 | 54 | 69 | -$1372 (Credit) | -0.367% | 236 | Bank | Direct | — |
| 20 | [ONPOINT COMMUNITY CREDIT UNION](https://saferate.com/lenders/onpoint-community-credit-union) | 73 | 73 | 79 | 71 | 70 | $1493 | 0.103% | 180 | Credit Union | Direct | — |
| 21 | [FAIRWAY INDEPENDENT MORTGAGE CORPORATION](https://saferate.com/lenders/fairway-independent-mortgage) | 72 | 25 | 95 | 78 | 89 | $3855 | 0.371% | 1,968 | Independent Mortgage Company | Direct | — |
| 22 | [NBKC BANK](https://saferate.com/lenders/nbkc-bank) | 72 | 90 | 77 | 49 | 74 | $625 | -0.281% | 331 | Bank | Direct | — |
| 23 | [CROSSCOUNTRY MORTGAGE, LLC](https://saferate.com/lenders/crosscountry-mortgage) | 71 | 21 | 96 | 74 | 94 | $4049 | 0.421% | 3,427 | Independent Mortgage Company | Direct | — |
| 24 | [BAY EQUITY LLC](https://saferate.com/lenders/bay-equity) | 71 | 46 | 85 | 65 | 87 | $3919 | 0.154% | 1,068 | Independent Mortgage Company | Direct | — |
| 25 | [Yakima Federal Savings and Loan Association](https://saferate.com/lenders/yakima-federal-savings-and-loan-association) | 71 | 68 | 64 | 75 | 76 | $3652 | -0.311% | 172 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Yakima Federal Savings and Loan Association directly or with a mortgage broker. |
| 26 | [General Mortgage Capital Corporation](https://saferate.com/lenders/general-mortgage-capital) | 70 | 52 | 78 | 78 | 71 | $1687 | -0.093% | 210 | Independent Mortgage Company | Direct | — |
| 27 | [GUARANTEED RATE, INC.](https://saferate.com/lenders/guaranteed-rate) | 69 | 39 | 94 | 65 | 79 | $3083 | 0.211% | 813 | Independent Mortgage Company | Direct | — |
| 28 | [THE LOAN STORE, INC.](https://saferate.com/lenders/the-loan-store) | 69 | 39 | 88 | 71 | 77 | $3170 | 0.197% | 547 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 29 | [HSBC BANK USA, NATIONAL ASSOCIATION](https://saferate.com/lenders/hsbc-bank-usa-national-association) | 69 | 65 | 74 | 58 | 77 | -$589 (Credit) | -0.191% | 348 | Bank | Direct | — |
| 30 | [EVERGREEN MONEYSOURCE MORTGAGE COMPANY](https://saferate.com/lenders/evergreen-moneysource-mortgage) | 68 | 11 | 86 | 77 | 96 | $5165 | 0.472% | 1,921 | Independent Mortgage Company | Direct | — |
| 31 | [AMERICAN PACIFIC MORTGAGE CORPORATION](https://saferate.com/lenders/american-pacific-mortgage) | 68 | 15 | 90 | 75 | 91 | $5328 | 0.439% | 1,783 | Independent Mortgage Company | Direct | — |
| 32 | [PENNYMAC LOAN SERVICES, LLC](https://saferate.com/lenders/pennymac-loan-services) | 68 | 42 | 88 | 59 | 85 | $2351 | -0.079% | 1,187 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Pennymac Loan Services directly or with a mortgage broker. |
| 33 | [DIRECTORS MORTGAGE, INC.](https://saferate.com/lenders/directors-mortgage) | 68 | N/A | 75 | 70 | 77 | N/A | N/A | 288 | Independent Mortgage Company | Direct | — |
| 34 | [NEWREZ LLC](https://saferate.com/lenders/newrez) | 67 | 31 | 93 | 58 | 88 | $2593 | 0.255% | 1,521 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Newrez Llc directly or with a mortgage broker. |
| 35 | [PRIMELENDING, A PLAINSCAPITAL COMPANY](https://saferate.com/lenders/primelending-a-plainscapital) | 67 | 26 | 92 | 76 | 75 | $5912 | 0.368% | 463 | Independent Mortgage Company | Direct | — |
| 36 | [Flagstar Bank, N.A.](https://saferate.com/lenders/flagstar-bank) | 67 | 34 | 92 | 72 | 69 | $3711 | 0.203% | 282 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Flagstar Bank, N.A. directly or with a mortgage broker. |
| 37 | [NOVA FINANCIAL & INVESTMENT CORPORATION](https://saferate.com/lenders/nova-financial-investment) | 67 | 38 | 85 | 74 | 70 | $6184 | 0.315% | 217 | Independent Mortgage Company | Direct | — |
| 38 | [NEW AMERICAN FUNDING, LLC](https://saferate.com/lenders/new-american-funding) | 66 | 26 | 92 | 60 | 84 | $3888 | 0.403% | 1,164 | Independent Mortgage Company | Direct | — |
| 39 | [CORNERSTONE CAPITAL BANK, SSB](https://saferate.com/lenders/cornerstone-capital-bank-ssb) | 66 | 20 | 83 | 74 | 88 | $3975 | 0.403% | 1,016 | Bank | Direct | — |
| 40 | [NFM, INC.](https://saferate.com/lenders/nfm) | 66 | 19 | 88 | 77 | 81 | $4400 | 0.356% | 718 | Independent Mortgage Company | Direct | — |
| 41 | [MUTUAL OF OMAHA MORTGAGE, INC.](https://saferate.com/lenders/mutual-of-omaha-mortgage) | 66 | 65 | 76 | 55 | 71 | $1964 | 0.056% | 291 | Independent Mortgage Company | Direct | — |
| 42 | [1st Security Bank of Washington](https://saferate.com/lenders/1st-security-bank-of-washington) | 65 | 23 | 73 | 71 | 92 | $4249 | 0.190% | 935 | Bank | Direct | — |
| 43 | [Banner Bank](https://saferate.com/lenders/banner-bank) | 65 | 36 | 76 | 60 | 87 | $3212 | 0.187% | 622 | Bank | Direct | — |
| 44 | [Sunflower Bank, National Association](https://saferate.com/lenders/sunflower-bank-national-association) | 65 | 38 | 78 | 64 | 82 | $4653 | 0.244% | 507 | Bank | Direct | — |
| 45 | [NATIONS DIRECT MORTGAGE, LLC](https://saferate.com/lenders/nations-direct-mortgage) | 65 | 40 | 78 | 66 | 75 | $3041 | 0.183% | 335 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 46 | [T2 FINANCIAL LLC](https://saferate.com/lenders/t2-financial) | 65 | 26 | 85 | 77 | 71 | $3876 | 0.397% | 262 | Independent Mortgage Company | Direct | — |
| 47 | [WHATCOM EDUCATIONAL CREDIT UNION](https://saferate.com/lenders/whatcom-educational-credit-union) | 65 | 58 | 62 | 63 | 79 | $1482 | 0.136% | 207 | Credit Union | Direct | — |
| 48 | [Umpqua Bank](https://saferate.com/lenders/umpqua-bank) | 64 | 31 | 76 | 64 | 84 | $3137 | 0.219% | 520 | Bank | Direct | — |
| 49 | [FIRST TECHNOLOGY FEDERAL CREDIT UNION](https://saferate.com/lenders/first-technology-federal-credit-union) | 64 | 59 | 63 | 52 | 80 | -$519 (Credit) | -0.091% | 355 | Credit Union | Direct | — |
| 50 | [KIND LENDING, LLC](https://saferate.com/lenders/kind-lending) | 64 | 31 | 86 | 66 | 71 | $2328 | 0.238% | 313 | 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 Washington.

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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.
## Market Insights

- Us Bank National Association is Safe Rate's top-ranked Conventional lender in Washington, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
- There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Washington, Navy Federal Credit Union and Us Bank National Association 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 Washington, 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 Washington: Rocket Mortgage (#4) and Boeing Employees Credit Union (#7).


## Frequently Asked Questions

### How are mortgage lenders ranked in Washington?

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 Washington), 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 Washington?

Based on 2024 HMDA data, 283 lenders originated a combined 84,205 loans in Washington. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

### What does the rate spread tell me about a lender in Washington?

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Washington is 0.23%. 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 Washington'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.