Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Oregon

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.

Market

Total Lenders16

Total Loans41,901

Median Rate Spread0.26%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Exceptional	$952Fees	0.049%Above	825
2	KeyBank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$2,551Fees	0.033%Above	204
3	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,356Fees	0.009%Below	195
4	NBKC BANKBank	Exceptional	Exceptional	Strong	Sound	Strong	$547Fees	0.138%Below	115
5	Morgan Stanley Private Bank, National AssociationBank	Exceptional	Exceptional	Strong	Sound	Strong	$411Fees	0.423%Below	93
6	Wells Fargo Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$2,490Fees	0.022%Above	369
7	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$2,598Fees	0.131%Above	500
8	BMO Bank National AssociationBank	Strong	Strong	Strong	Sound	Strong	$1,398Fees	0.243%Above	100
9	Umpqua BankBank	Strong	Acceptable	Strong	Strong	Exceptional	$3,020Fees	0.276%Above	683
10	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Strong	$2,595Fees	0.298%Above	334
11	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$3,263Fees	0.265%Above	107
12	USAA Federal Savings BankBank	Strong	Sound	Strong	Acceptable	Strong	$2,139Fees	0.159%Below	161
13	Sunflower Bank, National AssociationBank	Strong	Acceptable	Strong	Strong	Strong	$4,264Fees	0.296%Above	156
14	Banner BankBank	Strong	Acceptable	Strong	Sound	Strong	$3,531Fees	0.106%Above	243
15	Willamette Valley BankBank	Sound	Mediocre	Strong	Strong	Strong	$5,869Fees	0.334%Above	170
16	WASHINGTON FEDERAL BANKBank	Sound	Mediocre	Strong	Acceptable	Strong	$4,756Fees	0.359%Above	94

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.