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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best Conventional Mortgage Lenders in Madison
Updated February 5, 2026
Market Overview
65
Total Lenders
7,150
Total Loans
0.13%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Summit Credit Union | Exceptional | Exceptional | Exceptional | Strong | Exceptional | $146 | -0.137% | 1,027 | |
2 | Johnson Bank | Exceptional | Exceptional | Exceptional | Exceptional | Strong | $570 | -0.059% | 176 | |
3 | Old National Bank | Exceptional | Exceptional | Exceptional | Strong | Strong | $1,328 | -0.089% | 97 | |
4 | Associated Bank, National Association | Exceptional | Exceptional | Exceptional | Strong | Strong | $790 | -0.205% | 70 | |
5 | DUPACO COMMUNITY | Exceptional | Exceptional | Exceptional | Exceptional | Sound | $2,043 | -0.461% | 25 | |
6 | University of Wisconsin Credit Union | Exceptional | Strong | Exceptional | Strong | Exceptional | $301 | +0.127% | 1,316 | |
7 | Bank First, N.A. | Exceptional | Exceptional | Strong | Exceptional | Sound | $346 | +0.010% | 29 | |
8 | The Bank of New Glarus | Exceptional | Strong | Strong | Strong | Exceptional | $583 | +0.275% | 240 | |
9 | Lake Ridge Bank | Exceptional | Exceptional | Sound | Sound | Exceptional | $457 | +0.031% | 178 | |
10 | The Park Bank | Exceptional | Exceptional | Sound | Strong | Strong | $309 | -0.082% | 151 | |
11 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Strong | -$29 | +0.123% | 139 | |
12 | NAVY FEDERAL CREDIT UNION | Exceptional | Exceptional | Exceptional | Sound | Sound | $1,001 | -0.607% | 29 | |
13 | THOMPSON KANE & COMPANY, INC | Exceptional | Sound | Strong | Exceptional | Exceptional | $1,773 | +0.279% | 549 | |
14 | Barrington Bank & Trust Company, National Association | Exceptional | Sound | Exceptional | Strong | Exceptional | $2,020 | +0.075% | 438 | |
15 | The Huntington National Bank | Exceptional | Strong | Exceptional | Strong | Sound | $1,528 | +0.334% | 30 | |
16 | Morgan Stanley Private Bank, National Association | Exceptional | Exceptional | Strong | Sound | Sound | $446 | -0.356% | 16 | |
17 | JPMorgan Chase Bank, National Association | Strong | Sound | Exceptional | Strong | Strong | $2,116 | +0.136% | 88 | |
18 | Bank Five Nine | Strong | Strong | Strong | Strong | Sound | $1,221 | -0.001% | 36 | |
19 | Wells Fargo Bank, National Association | Strong | Strong | Exceptional | Sound | Sound | $2,087 | -0.079% | 31 | |
20 | Landmark Credit Union | Strong | Strong | Strong | Strong | Sound | $738 | -0.053% | 19 | |
21 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $4,143 | +0.325% | 191 | |
22 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $1,854 | -0.011% | 126 | |
23 | Nations Lending Corporation | Strong | Acceptable | Exceptional | Exceptional | Strong | $1,773 | +0.489% | 64 | |
24 | Heartland Credit Union (Madison) | Strong | Strong | Sound | Sound | Strong | $486 | +0.027% | 64 | |
25 | Wings Financial Credit Union | Strong | Strong | Strong | Sound | Sound | $784 | -0.052% | 46 | |
26 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Sound | $3,590 | +0.183% | 40 | |
27 | BMO Bank National Association | Strong | Strong | Strong | Sound | Sound | $520 | +0.263% | 36 | |
28 | MUTUAL OF OMAHA MORTGAGE, INC. | Strong | Strong | Strong | Sound | Sound | $1,484 | -0.022% | 26 | |
29 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | Strong | Sound | Exceptional | Strong | Sound | $1,697 | +0.299% | 18 | |
30 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | Strong | $1,134 | +0.016% | 444 | |
31 | Bell Bank | Strong | Acceptable | Exceptional | Strong | Strong | $2,966 | +0.097% | 240 | |
32 | GUILD MORTGAGE COMPANY LLC | Strong | Acceptable | Exceptional | Strong | Strong | $3,621 | +0.240% | 237 | |
33 | Prosperity Home Mortgage, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,041 | +0.130% | 148 | |
34 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Exceptional | Sound | Sound | $555 | -0.166% | 21 | |
35 | AMERIHOME MORTGAGE COMPANY, LLC | Strong | Sound | Strong | Strong | Sound | $1,652 | +0.230% | 16 | |
36 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Sound | $2,971 | +0.536% | 70 | |
37 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Sound | $2,488 | +0.145% | 33 | |
38 | Sierra Pacific Mortgage Company, Inc. | Strong | Acceptable | Exceptional | Strong | Sound | $822 | -0.183% | 23 | |
39 | Merchants Bank of Indiana | Strong | Sound | Strong | Sound | Sound | $1,998 | -0.047% | 19 | |
40 | NEWREZ LLC | Strong | Acceptable | Exceptional | Sound | Sound | $1,755 | +0.121% | 66 | |
41 | One Community Bank | Strong | Sound | Acceptable | Sound | Strong | $1,029 | +0.249% | 36 | |
42 | Synergy One Lending, Inc. | Strong | Acceptable | Strong | Strong | Sound | $3,219 | +0.506% | 23 | |
43 | USAA Federal Savings Bank | Strong | Sound | Strong | Acceptable | Sound | $2,237 | -0.187% | 17 | |
44 | Ixonia Bank | Sound | Mediocre | Exceptional | Strong | Sound | $3,354 | +0.375% | 60 | |
45 | Bank of England | Sound | Acceptable | Strong | Sound | Sound | $1,102 | +0.502% | 20 | |
46 | COMPEER FINANCIAL, FLCA | Sound | Mediocre | Strong | Sound | Sound | $3,241 | +0.731% | 27 |
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 40 Points)
10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
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.
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Madison, WIConventional
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