Safe Rate Rankings

Best Bank Mortgage Lenders in New Orleans

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 Lenders16

Total Loans2,099

Median Rate Spread0.15%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	HANCOCK WHITNEY BANKBank	Exceptional	Strong	Strong	Exceptional	$1,579Fees	0.141%Above	247
2	Red River BankBank	Exceptional	Exceptional	Strong	Sound	$1,672Fees	0.009%Below	24
3	BankPlusBank	Strong	Strong	Strong	Strong	$975Fees	0.131%Above	37
4	Gulf Coast Bank and Trust CompanyBank	Strong	Sound	Strong	Exceptional	$1,948Fees	0.329%Above	359
5	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Strong	Exceptional	$2,184Fees	0.202%Above	285
6	First Horizon BankBank	Strong	Sound	Strong	Exceptional	$2,044Fees	0.123%Above	253
7	Bank of America, National AssociationBank	Strong	Strong	Strong	Sound	$1,869Fees	0.109%Below	23
8	Regions BankBank	Strong	Sound	Strong	Strong	$1,729Fees	0.410%Above	107
9	Wells Fargo Bank, National AssociationBank	Strong	Strong	Sound	Sound	$2,265Fees	0.106%Below	26
10	FIDELITY BANKBank	Strong	Acceptable	Strong	Exceptional	$3,701Fees	0.334%Above	429
11	Flagstar Bank, N.A.Bank	Strong	Acceptable	Strong	Strong	$2,177Fees	0.308%Above	54
12	USAA Federal Savings BankBank	Strong	Sound	Sound	Sound	$1,487Fees	0.206%Below	40
13	Home Bank, National AssociationBank	Strong	Sound	Sound	Sound	$1,316Fees	0.053%Above	20
14	Goldwater Bank, N.A.Bank	Sound	Acceptable	Sound	Sound	$3,061Fees	0.359%Above	30

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.