Safe Rate Rankings

Best VA 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.
Total Lenders127
Total Loans12,587
Median Rate Spread0.33%

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Exceptional
$3,187Fees
0.067%Above
521
2
MORTGAGE INVESTORS GROUP, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Exceptional
$2,591Fees
0.190%Above
312
3
Eagle Bank and Trust CompanyBank
Exceptional
Strong
Strong
Exceptional
Exceptional
$3,142Fees
0.296%Above
272
4
First Horizon BankBank
Exceptional
Exceptional
Strong
Strong
Strong
$1,343Fees
0.086%Above
241
5
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$1,366Fees
0.420%Below
191
6
Pinnacle BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$2,324Fees
0.096%Above
402
7
Patriot BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$1,296Fees
0.027%Below
399
8
GUARANTEED RATE, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,847Fees
0.296%Above
363
9
Trustmark National BankBank
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$2,143Fees
0.219%Above
335
10
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,184Fees
0.276%Above
191
11
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,152Fees
0.044%Below
185
12
BARTLETT MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,967Fees
0.230%Above
195
13
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$4,458Fees
0.461%Above
100
14
CMG MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$4,179Fees
0.456%Above
95
15
SWBC MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,272Fees
0.495%Above
85
16
AMERICAN FINANCIAL NETWORK, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Sound
$128Fees
0.693%Above
40
17
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$4,241Fees
0.380%Above
1,095
18
Cadence BankBank
Strong
Sound
Strong
Strong
Exceptional
$2,250Fees
0.001%Above
421
19
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,851Fees
0.410%Above
130
20
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,836Fees
0.419%Above
97
21
USAA Federal Savings BankBank
Strong
Strong
Exceptional
Sound
Sound
$1,635Fees
0.109%Below
53
22
COMMUNITY MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Strong
Exceptional
Exceptional
$3,263Fees
0.210%Above
1,062
23
Evolve Bank & TrustBank
Strong
Sound
Strong
Strong
Strong
$2,288Fees
0.220%Above
181
24
Leaders Credit UnionCredit Union
Strong
Sound
Strong
Strong
Strong
$800Fees
0.124%Above
152
25
Bank of EnglandBank
Strong
Sound
Strong
Strong
Strong
$2,655Fees
0.213%Above
104
26
T2 FINANCIAL LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,625Fees
0.632%Above
81
27
Paramount Residential Mortgage Group, Inc.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,303Fees
0.582%Above
62
28
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$2,939Fees
0.368%Above
52
29
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$310Fees
0.850%Above
319
30
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,401Fees
0.627%Above
274
31
Regions BankBank
Strong
Sound
Strong
Sound
Strong
$1,957Fees
0.462%Above
240
32
STOCKTON MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,729Fees
0.525%Above
141
33
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,145Fees
0.478%Above
100
34
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,672Fees
0.246%Below
82
35
Nations Lending CorporationIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$2,700Fees
0.553%Above
184
36
Equity Prime Mortgage LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$3,504Fees
0.721%Above
75
37
SOUTHWEST FUNDING, LPIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$4,947Fees
0.911%Above
66
38
Wolfe Financial, IncIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$4,199Fees
0.430%Above
58
39
EVERETT FINANCIAL, INC.Independent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$5,359Fees
0.712%Above
97
40
CARRINGTON MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$4,501Fees
0.528%Above
64
41
ACOPIA, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Sound
$4,404Fees
0.166%Above
44
42
ENVOY MORTGAGE, LTDIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$3,077Fees
0.345%Above
28
43
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Strong
$3,397Fees
0.599%Above
135
44
Independent BankBank
Sound
Acceptable
Sound
Strong
$2,320Fees
0.386%Above
110
45
AMERISAVE MORTGAGE CORPORATIONIndependent Mortgage Company
Sound
Acceptable
Strong
Sound
Sound
$5,619Fees
0.392%Above
43
46
NEW DAY FINANCIAL, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Sound
$5,393Fees
1.417%Above
44
47
The Federal Savings BankBank
Sound
Mediocre
Exceptional
Sound
Sound
$3,381Fees
0.575%Above
28

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.