Safe Rate Rankings

Best Bank Mortgage Lenders in Portland

Updated May 31, 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 Lenders172

Total Loans25,831

Median Rate Spread0.23%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	U.S. Bank National AssociationBank	Exceptional	Strong	Strong	Exceptional	$800Fees	0.039%Below	587
2	NBKC BANKBank	Exceptional	Exceptional	Sound	Strong	$792Fees	0.132%Below	97
3	Morgan Stanley Private Bank, National AssociationBank	Exceptional	Exceptional	Strong	Sound	$553Fees	0.382%Below	64
4	Bank of America, National AssociationBank	Strong	Strong	Strong	Strong	$1,329Fees	0.061%Below	154
5	KeyBank National AssociationBank	Strong	Strong	Strong	Strong	$2,440Fees	0.020%Below	120
6	Wells Fargo Bank, National AssociationBank	Strong	Strong	Sound	Strong	$2,448Fees	0.013%Below	265
7	Yakima Federal Savings and Loan AssociationBank	Strong	Strong	Sound	Strong	$421Fees	0.038%Above	72
8	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Strong	Strong	$2,385Fees	0.042%Above	343
9	USAA Federal Savings BankBank	Strong	Sound	Sound	Strong	$1,885Fees	0.109%Below	85
10	Banner BankBank	Strong	Sound	Sound	Strong	$3,968Fees	0.109%Above	79
11	Flagstar Bank, N.A.Bank	Strong	Acceptable	Strong	Strong	$2,511Fees	0.266%Above	197
12	Umpqua BankBank	Strong	Acceptable	Strong	Strong	$3,001Fees	0.207%Above	171
13	HomeStreet BankBank	Strong	Acceptable	Strong	Strong	$2,022Fees	0.141%Above	152
14	CORNERSTONE CAPITAL BANK, SSBBank	Strong	Acceptable	Strong	Strong	$4,768Fees	0.485%Above	106
15	Sunflower Bank, National AssociationBank	Strong	Acceptable	Strong	Strong	$5,037Fees	0.244%Above	84
16	BMO Bank National AssociationBank	Strong	Sound	Sound	Sound	$1,302Fees	0.198%Above	64
17	Bank of EnglandBank	Sound	Acceptable	Strong	Sound	$3,336Fees	0.410%Above	65
18	Plains Commerce BankBank	Sound	Acceptable	Strong	Sound	$3,521Fees	0.234%Above	59

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.