Safe Rate Rankings

Best FHA Mortgage Company Lenders in Minnesota

Updated February 6, 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 Lenders41
Total Loans63,948
Median Rate Spread0.25%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Exceptional
$2,669Fees
0.249%Above
1,495
2
MEGASTAR FINANCIAL CORP.Independent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$6,798Credit
0.338%Above
189
3
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$3,056Fees
0.293%Above
4,740
4
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,696Fees
0.391%Above
433
5
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,571Fees
0.291%Above
153
6
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$2,482Fees
0.106%Above
936
7
SWBC MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,681Fees
0.453%Above
379
8
CORTRUST MORTGAGE, INC.Independent Mortgage Company
Exceptional
Strong
Strong
Strong
Strong
$3,033Fees
0.110%Below
171
9
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,910Fees
0.325%Above
3,524
10
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,456Fees
0.465%Above
2,146
11
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,963Fees
0.265%Above
948
12
M/I FINANCIAL, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$5,775Fees
0.222%Below
586
13
Cambria Financial Group, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$2,676Fees
0.279%Above
360
14
Tradition Mortgage, LLCIndependent Mortgage Company
Strong
Sound
Sound
Strong
Exceptional
$2,101Fees
0.205%Above
925
15
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$2,483Fees
0.329%Above
605
16
Servion, Inc.Independent Mortgage Company
Strong
Sound
Strong
Sound
Exceptional
$2,269Fees
0.253%Above
512
17
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,266Fees
0.337%Above
335
18
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,351Fees
0.461%Above
305
19
Nations Lending CorporationIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,959Fees
0.494%Above
169
20
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,257Fees
0.224%Above
977
21
EVERETT FINANCIAL, INC.Independent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Exceptional
$4,091Fees
0.719%Above
822
22
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,937Fees
0.358%Above
718
23
Summit Mortgage CorporationIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Exceptional
$3,170Fees
0.354%Above
639
24
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,423Fees
0.155%Above
595
25
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,714Fees
0.448%Above
507
26
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,959Fees
0.416%Above
467
27
BAY EQUITY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,359Fees
0.312%Above
460
28
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,320Fees
0.283%Above
458
29
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,660Fees
0.566%Above
347
30
HOMEOWNERS FINANCIAL GROUP USA, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,979Fees
0.455%Above
307
31
Paramount Residential Mortgage Group, Inc.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,935Fees
0.619%Above
150
32
ZILLOW HOME LOANS, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,140Fees
0.462%Above
131
33
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Exceptional
$3,865Fees
0.409%Above
2,661
34
Luminate Home Loans, Inc.Independent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Exceptional
$4,543Fees
0.416%Above
1,296
35
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$1,117Fees
0.385%Above
760
36
AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,791Fees
0.597%Above
333
37
MASON MCDUFFIE MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$4,352Fees
0.198%Above
219
38
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$1,735Fees
0.092%Above
204
39
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Sound
Exceptional
$3,706Fees
0.511%Above
1,611
40
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$4,183Fees
0.529%Above
399
41
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,756Fees
0.301%Above
268

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.