Safe Rate Rankings

Best Mortgage Lenders in Memphis

Updated February 5, 2026

⚖️ 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 Lenders127

Total Loans12,587

Median Rate Spread0.33%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Patriot BankBank	Exceptional	Exceptional	Strong	Exceptional	$1,296Fees	0.027%Below	399
2	Orion Federal Credit UnionCredit Union	Exceptional	Exceptional	Strong	Exceptional	$490Fees	0.150%Below	156
3	Pinnacle BankBank	Exceptional	Strong	Strong	Exceptional	$2,324Fees	0.096%Above	402
4	NAVY FEDERAL CREDIT UNIONCredit Union	Exceptional	Exceptional	Sound	Strong	$1,366Fees	0.420%Below	191
5	COMMUNITY MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Exceptional	Exceptional	$3,263Fees	0.210%Above	1,062
6	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Exceptional	$3,187Fees	0.067%Above	521
7	Trustmark National BankBank	Strong	Sound	Exceptional	Exceptional	$2,143Fees	0.219%Above	335
8	MORTGAGE INVESTORS GROUP, INC.Independent Mortgage Company	Strong	Sound	Exceptional	Exceptional	$2,591Fees	0.190%Above	312
9	Eagle Bank and Trust CompanyBank	Strong	Sound	Exceptional	Exceptional	$3,142Fees	0.296%Above	272
10	Financial Federal BankBank	Strong	Strong	Strong	Strong	$661Fees	0.088%Below	121
11	Bank of America, National AssociationBank	Strong	Strong	Strong	Strong	$2,610Fees	0.007%Below	77
12	PROVIDENT FUNDING ASSOCIATES, L.P.Independent Mortgage Company	Strong	Exceptional	Sound	Sound	$1,200Fees	0.002%Above	68
13	Cadence BankBank	Strong	Sound	Strong	Exceptional	$2,250Fees	0.001%Above	421
14	BARTLETT MORTGAGE, INC.Independent Mortgage Company	Strong	Sound	Strong	Exceptional	$1,967Fees	0.230%Above	195
15	Wells Fargo Bank, National AssociationBank	Strong	Strong	Sound	Strong	$2,263Fees	0.050%Above	84
16	Truist BankBank	Strong	Strong	Strong	Sound	$2,324Fees	0.218%Above	61
17	U.S. Bank National AssociationBank	Strong	Strong	Strong	Sound	$847Fees	0.251%Above	48
18	BankPlusBank	Strong	Strong	Strong	Sound	$1,230Fees	0.171%Above	41
19	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	$4,241Fees	0.380%Above	1,095
20	GUARANTEED RATE, INC.Independent Mortgage Company	Strong	Sound	Strong	Strong	$3,847Fees	0.296%Above	363
21	First Horizon BankBank	Strong	Sound	Strong	Strong	$1,343Fees	0.086%Above	241
22	Regions BankBank	Strong	Sound	Strong	Strong	$1,957Fees	0.462%Above	240
23	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Strong	Strong	$2,244Fees	0.021%Above	199
24	FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Strong	Strong	$3,184Fees	0.276%Above	191
25	PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company	Strong	Sound	Strong	Strong	$2,152Fees	0.044%Below	185
26	Evolve Bank & TrustBank	Strong	Sound	Strong	Strong	$2,288Fees	0.220%Above	181
27	Leaders Credit UnionCredit Union	Strong	Sound	Strong	Strong	$800Fees	0.124%Above	152
28	LOANDEPOT.COM, LLCIndependent Mortgage Company	Strong	Sound	Strong	Strong	$3,851Fees	0.410%Above	130
29	Simmons BankBank	Strong	Sound	Strong	Strong	$1,504Fees	0.723%Above	107
30	FirstBankBank	Strong	Sound	Exceptional	Sound	$1,681Fees	0.534%Above	52
31	First Citizens National BankBank	Strong	Strong	Sound	Sound	$829Fees	0.319%Below	36
32	Renasant BankBank	Strong	Acceptable	Exceptional	Strong	$2,320Fees	0.300%Above	200
33	Nations Lending CorporationIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$2,700Fees	0.553%Above	184
34	PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$4,458Fees	0.461%Above	100
35	MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company	Strong	Sound	Sound	Strong	$2,836Fees	0.419%Above	97
36	CMG MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$4,179Fees	0.456%Above	95
37	SWBC MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,272Fees	0.495%Above	85
38	UNION HOME MORTGAGE CORP.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,672Fees	0.246%Below	82
39	T2 FINANCIAL LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$4,625Fees	0.632%Above	81
40	FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,021Fees	0.539%Above	72
41	GoodLeap, LLCIndependent Mortgage Company	Strong	Sound	Sound	Strong	$3,264Fees	0.131%Above	68
42	Community Bank of MississippiBank	Strong	Acceptable	Exceptional	Strong	$2,131Fees	0.265%Above	57
43	Mortgage Research Center, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$310Fees	0.850%Above	319
44	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$4,401Fees	0.627%Above	274
45	STOCKTON MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$4,729Fees	0.525%Above	141
46	Bank of EnglandBank	Strong	Acceptable	Strong	Strong	$2,655Fees	0.213%Above	104
47	NATIONSTAR MORTGAGE LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$4,145Fees	0.478%Above	100
48	Equity Prime Mortgage LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$3,504Fees	0.721%Above	75
49	FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	$3,137Fees	0.352%Above	42
50	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	$4,263Fees	0.581%Above	42

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 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.