Safe Rate Rankings

Best FHA Mortgage Lenders in Owensboro

Updated May 21, 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 Lenders25

Total Loans1,133

Median Rate Spread0.37%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	LibertyCredit Union	Exceptional	Strong	Exceptional	Strong	Exceptional	$864Fees	0.295%Above	480
2	FBC MORTGAGE, LLCIndependent Mortgage Company	Exceptional	Strong	Exceptional	Exceptional	Strong	$3,115Fees	0.508%Above	57
3	Old National BankBank	Exceptional	Exceptional	Strong	Sound	Strong	$905Fees	0.174%Below	54
4	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Exceptional	Sound	Exceptional	Exceptional	Strong	$2,364Fees	0.445%Above	74
5	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$737Fees	0.186%Above	61
6	PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company	Strong	Strong	Exceptional	Sound	Sound	$1,946Fees	0.124%Below	13
7	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,771Fees	0.553%Above	75
8	Bank of EnglandBank	Strong	Sound	Exceptional	Strong	Sound	$2,406Fees	0.521%Above	17
9	Magnolia Bank, IncorporatedBank	Strong	Sound	Strong	Strong	Sound	$1,436Fees	0.655%Above	17
10	RUOFF MORTGAGE COMPANY, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$1,753Fees	0.281%Above	17
11	LOWER, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$2,331Fees	0.877%Above	16
12	STOCKTON MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$1,503Fees	0.550%Above	13
13	AMERISAVE MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	Sound	$1,929Fees	0.123%Above	10
14	LEADERONE FINANCIAL CORPORATIONIndependent Mortgage Company	Sound	Mediocre	Exceptional	Strong	Sound	$1,887Fees	0.541%Above	12
15	NEW AMERICAN FUNDING, LLCIndependent Mortgage Company	Sound	Mediocre	Exceptional	Sound	Sound	$3,318Fees	0.752%Above	23

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.