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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 FHA Mortgage Lenders in Memphis

Updated February 5, 2026

Market Overview

127

Total Lenders

12,587

Total Loans

0.33%

Median Rate Spread

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Spread	Volume
1	Patriot Bank	Exceptional	Exceptional	Strong	Strong	Exceptional	$1,296	-0.027%	399
2	Orion Federal Credit Union	Exceptional	Exceptional	Strong	Strong	Exceptional	$490	-0.150%	156
3	Cadence Bank	Exceptional	Strong	Exceptional	Strong	Exceptional	$2,250	+0.001%	421
4	UNITED WHOLESALE MORTGAGE, LLC	Exceptional	Sound	Exceptional	Exceptional	Exceptional	$3,187	+0.067%	521
5	Pinnacle Bank	Exceptional	Strong	Strong	Strong	Exceptional	$2,324	+0.096%	402
6	Eagle Bank and Trust Company	Exceptional	Sound	Exceptional	Exceptional	Exceptional	$3,142	+0.296%	272
7	BARTLETT MORTGAGE, INC.	Exceptional	Strong	Strong	Strong	Exceptional	$1,967	+0.230%	195
8	FREEDOM MORTGAGE CORPORATION	Exceptional	Strong	Exceptional	Strong	Strong	$3,184	+0.276%	191
9	COMMUNITY MORTGAGE CORPORATION	Exceptional	Sound	Strong	Exceptional	Exceptional	$3,263	+0.210%	1,062
10	Trustmark National Bank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,143	+0.219%	335
11	MORTGAGE INVESTORS GROUP, INC.	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,591	+0.190%	312
12	PENNYMAC LOAN SERVICES, LLC	Exceptional	Strong	Exceptional	Sound	Strong	$2,152	-0.044%	185
13	Simmons Bank	Exceptional	Strong	Strong	Strong	Strong	$1,504	+0.723%	107
14	SWBC MORTGAGE CORPORATION	Exceptional	Sound	Exceptional	Exceptional	Strong	$3,272	+0.495%	85
15	GoodLeap, LLC	Exceptional	Strong	Exceptional	Sound	Strong	$3,264	+0.131%	68
16	Community Bank of Mississippi	Exceptional	Strong	Strong	Strong	Strong	$2,131	+0.265%	57
17	BankPlus	Exceptional	Exceptional	Strong	Sound	Sound	$1,230	+0.171%	41
18	ROCKET MORTGAGE, LLC	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$4,241	+0.380%	1,095
19	Renasant Bank	Strong	Sound	Exceptional	Strong	Strong	$2,320	+0.300%	200
20	LOANDEPOT.COM, LLC	Strong	Sound	Exceptional	Strong	Strong	$3,851	+0.410%	130
21	Bank of England	Strong	Sound	Exceptional	Strong	Strong	$2,655	+0.213%	104
22	Regions Bank	Strong	Sound	Exceptional	Sound	Strong	$1,957	+0.462%	240
23	Nations Lending Corporation	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,700	+0.553%	184
24	Evolve Bank & Trust	Strong	Sound	Strong	Strong	Strong	$2,288	+0.220%	181
25	Leaders Credit Union	Strong	Sound	Strong	Strong	Strong	$800	+0.124%	152
26	PRIMELENDING, A PLAINSCAPITAL COMPANY	Strong	Acceptable	Exceptional	Exceptional	Strong	$4,458	+0.461%	100
27	UNION HOME MORTGAGE CORP.	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,672	-0.246%	82
28	T2 FINANCIAL LLC	Strong	Acceptable	Exceptional	Exceptional	Strong	$4,625	+0.632%	81
29	FIRST COMMUNITY MORTGAGE, INC.	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,021	+0.539%	72
30	Flagstar Bank, N.A.	Strong	Sound	Exceptional	Strong	Sound	$2,807	+0.421%	64
31	FirstBank	Strong	Sound	Exceptional	Strong	Sound	$1,681	+0.534%	52
32	MORTGAGE FINANCIAL SERVICES, LLC	Strong	Sound	Exceptional	Strong	Sound	$3,932	+0.629%	47
33	GUARANTEED RATE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$3,847	+0.296%	363
34	STOCKTON MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Strong	Strong	$4,729	+0.525%	141
35	CMG MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$4,179	+0.456%	95
36	Wells Fargo Bank, National Association	Strong	Sound	Strong	Sound	Strong	$2,263	+0.050%	84
37	Equity Prime Mortgage LLC	Strong	Acceptable	Exceptional	Strong	Strong	$3,504	+0.721%	75
38	NEWREZ LLC	Strong	Sound	Exceptional	Sound	Sound	$2,939	+0.368%	52
39	FAIRWAY INDEPENDENT MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Exceptional	Sound	$3,137	+0.352%	42
40	Mortgage Research Center, LLC	Strong	Acceptable	Exceptional	Sound	Strong	$310	+0.850%	319
41	MUTUAL OF OMAHA MORTGAGE, INC.	Strong	Acceptable	Exceptional	Sound	Strong	$2,836	+0.419%	97
42	EVERETT FINANCIAL, INC.	Strong	Mediocre	Exceptional	Exceptional	Strong	$5,359	+0.712%	97
43	Paramount Residential Mortgage Group, Inc.	Strong	Acceptable	Exceptional	Strong	Sound	$2,303	+0.582%	62
44	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP	Strong	Acceptable	Exceptional	Strong	Sound	$4,263	+0.581%	42
45	AMERICAN FINANCIAL NETWORK, INC.	Strong	Acceptable	Exceptional	Strong	Sound	$128	+0.693%	40
46	MOVEMENT MORTGAGE, LLC	Strong	Acceptable	Exceptional	Strong	Sound	$3,477	+0.498%	31
47	LOWER, LLC	Strong	Acceptable	Exceptional	Strong	Sound	$2,653	+0.662%	31
48	Independent Bank	Strong	Acceptable	Sound	Strong	Strong	$2,320	+0.386%	110
49	Bank of America, National Association	Strong	Acceptable	Strong	Sound	Strong	$2,610	-0.007%	77
50	CARRINGTON MORTGAGE SERVICES, LLC	Strong	Acceptable	Exceptional	Sound	Sound	$4,501	+0.528%	64

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)

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.

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