Safe Rate Rankings

Best Conventional Mortgage Lenders in New York

Updated May 26, 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 Lenders215
Total Loans47,525
Median Rate Spread0.24%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Citibank, National AssociationBank
Exceptional
Exceptional
Exceptional
Sound
Exceptional
$465Credit
0.287%Below
2,140
2
NJ LENDERS CORP.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,814Fees
0.023%Below
875
3
Bank of America, National AssociationBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,248Fees
0.322%Below
816
4
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$18Credit
0.209%Below
803
5
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$678Fees
0.638%Below
151
6
Wells Fargo Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$1,521Fees
0.254%Below
1,942
7
Citizens Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$702Fees
0.185%Below
1,365
8
Morgan Stanley Private Bank, National AssociationBank
Exceptional
Exceptional
Strong
Sound
Strong
$347Fees
0.553%Below
484
9
Valley National BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$1,066Fees
0.539%Below
268
10
PNC Bank, National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,623Fees
0.032%Below
119
11
JPMorgan Chase Bank, National AssociationBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$3,163Fees
0.107%Above
4,529
12
LOANDEPOT.COM, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,456Fees
0.066%Above
1,559
13
Kearny BankBank
Exceptional
Exceptional
Sound
Sound
Strong
$1,073Fees
0.235%Below
121
14
AMERICAN FEDERAL MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Exceptional
Strong
Acceptable
Strong
$272Credit
0.292%Below
118
15
Columbia BankBank
Exceptional
Exceptional
Sound
Sound
Strong
$383Fees
0.920%Below
115
16
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,685Fees
0.206%Above
4,302
17
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$4,384Fees
0.206%Above
2,884
18
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Exceptional
$1,907Fees
0.181%Above
741
19
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,638Fees
0.360%Above
427
20
Manufacturers and Traders Trust CompanyBank
Strong
Sound
Exceptional
Strong
Strong
$1,503Fees
0.116%Below
425
21
HSBC BANK USA, NATIONAL ASSOCIATIONBank
Strong
Strong
Strong
Sound
Strong
$497Fees
0.243%Below
363
22
United Nations Federal Credit UnionCredit Union
Strong
Exceptional
Sound
Acceptable
Strong
$209Fees
0.585%Below
272
23
Bethpage Federal Credit UnionCredit Union
Strong
Strong
Strong
Sound
Strong
$1,386Fees
0.275%Below
197
24
Municipal Credit UnionCredit Union
Strong
Exceptional
Sound
Acceptable
Strong
$460Fees
0.263%Below
176
25
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,640Fees
0.203%Above
2,895
26
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,562Fees
0.094%Above
1,039
27
TD Bank, National AssociationBank
Strong
Sound
Strong
Sound
Exceptional
$945Fees
0.023%Above
988
28
CONTOUR MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$4,692Fees
0.307%Above
488
29
1ST PRIORITY MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Strong
Strong
Strong
$2,930Fees
0.153%Above
164
30
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,576Fees
0.205%Above
554
31
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,398Fees
0.102%Above
497
32
Flagstar Bank, N.A.Bank
Strong
Acceptable
Exceptional
Strong
Strong
$3,932Fees
0.367%Above
364
33
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,298Fees
0.385%Above
327
34
Paramount Residential Mortgage Group, Inc.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,720Fees
0.511%Above
296
35
SUMMIT MORTGAGE BANKERS INC.Independent Mortgage Company
Strong
Sound
Sound
Strong
Strong
$3,796Fees
0.087%Above
248
36
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,036Fees
0.328%Above
245
37
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,709Fees
0.047%Above
223
38
AMERICAN FINANCIAL NETWORK, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,162Fees
0.582%Above
188
39
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Strong
Sound
Strong
$2,072Fees
0.196%Above
144
40
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,539Fees
0.401%Above
133
41
UBS Bank USABank
Strong
Strong
Sound
Acceptable
Strong
$991Fees
0.091%Below
110
42
NEWREZ LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$2,865Fees
0.377%Above
630
43
FM Home Loans, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Sound
Exceptional
$2,551Fees
0.308%Above
384
44
UNITED NORTHERN MORTGAGE BANKERS LIMITEDIndependent Mortgage Company
Strong
Acceptable
Strong
Sound
Exceptional
$3,858Fees
0.295%Above
378
45
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$2,619Fees
0.134%Above
372
46
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$3,221Fees
0.471%Above
204
47
NORWICH COMMERCIAL GROUP, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Sound
Strong
$3,144Fees
0.401%Above
376
48
ABSOLUTE HOME MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Strong
Sound
Strong
$4,036Fees
0.421%Above
244
49
CLIFFCO, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Sound
Strong
$3,065Fees
0.335%Above
236
50
EMBRACE HOME LOANS, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Sound
Strong
$3,087Fees
0.260%Above
112

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.