Safe Rate Rankings

Best FHA Mortgage Lenders in Raleigh

Updated June 3, 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 Lenders196
Total Loans23,619
Median Rate Spread0.15%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
VELOCIO MORTGAGE L.L.C.Independent Mortgage Company
Exceptional
Exceptional
Exceptional
Exceptional
Strong
$612Fees
0.852%Below
184
2
North State BankBank
Exceptional
Exceptional
Strong
Strong
Exceptional
$1,049Fees
0.056%Below
268
3
First-Citizens Bank & Trust CompanyBank
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,572Fees
0.130%Below
363
4
MATTAMY HOME FUNDING, LLCIndependent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$1,229Fees
0.703%Above
185
5
First Heritage Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Strong
$2,342Fees
0.280%Above
177
6
JET HOMELOANS, LPIndependent Mortgage Company
Exceptional
Exceptional
Strong
Exceptional
Sound
$1,987Fees
0.444%Below
56
7
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,482Fees
0.050%Below
1,409
8
American Security Mortgage Corp.Independent Mortgage Company
Exceptional
Strong
Strong
Strong
Exceptional
$1,970Fees
0.103%Above
403
9
VANDERBILT MORTGAGE AND FINANCE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$5,328Fees
0.061%Above
397
10
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,006Fees
0.263%Above
313
11
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,753Fees
0.020%Below
247
12
NBKC BANKBank
Exceptional
Exceptional
Strong
Sound
Strong
$350Fees
0.215%Below
94
13
FBC MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Sound
$3,016Fees
0.247%Below
52
14
Truist BankBank
Exceptional
Strong
Strong
Sound
Exceptional
$45Credit
0.056%Below
539
15
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Sound
Strong
$1,943Fees
0.070%Below
280
16
Towne BankBank
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,376Fees
0.312%Above
208
17
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,663Fees
0.181%Above
1,528
18
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,585Fees
0.399%Above
517
19
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,034Fees
0.142%Below
372
20
M/I FINANCIAL, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,623Fees
0.084%Below
263
21
Towne Mortgage of the Carolinas, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$3,010Fees
0.200%Above
224
22
CORPORATE INVESTORS MORTGAGE GROUP, INCIndependent Mortgage Company
Strong
Strong
Sound
Strong
Strong
$2,773Fees
0.141%Above
103
23
The Central Trust BankBank
Strong
Sound
Exceptional
Strong
Strong
$1,638Fees
0.073%Above
99
24
INTERCOASTAL MORTGAGE, LLCIndependent Mortgage Company
Strong
Strong
Strong
Strong
Sound
$2,077Fees
0.475%Above
56
25
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,003Fees
0.208%Above
903
26
ATLANTIC BAY MORTGAGE GROUP, L.L.C.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,282Fees
0.314%Above
185
27
NFM, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,575Fees
0.415%Above
177
28
United Community BankBank
Strong
Sound
Strong
Strong
Strong
$2,629Fees
0.242%Above
174
29
CORNERSTONE CAPITAL BANK, SSBBank
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,948Fees
0.300%Above
159
30
Alcova Mortgage LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,533Fees
0.188%Above
155
31
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$1,536Fees
0.315%Above
151
32
T2 FINANCIAL LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,652Fees
0.399%Above
108
33
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,717Fees
0.066%Below
103
34
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,842Fees
0.336%Above
86
35
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Sound
$2,444Fees
0.196%Above
69
36
Wells Fargo Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$1,919Fees
0.006%Above
306
37
ZILLOW HOME LOANS, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,537Fees
0.224%Above
284
38
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$608Fees
0.154%Below
245
39
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,514Fees
0.147%Above
220
40
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,788Fees
0.270%Above
126
41
Primis Mortgage CompanyIndependent Mortgage Company
Strong
Sound
Strong
Strong
Sound
$2,590Fees
0.181%Above
52
42
DELMAR FINANCIAL COMPANYIndependent Mortgage Company
Strong
Sound
Strong
Strong
Sound
$2,550Fees
0.361%Above
50
43
FIRST HOME MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,200Fees
0.355%Above
223
44
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$1,501Fees
0.069%Below
83
45
The Federal Savings BankBank
Strong
Acceptable
Exceptional
Sound
Strong
$4,009Fees
0.715%Above
69
46
SUMMIT FUNDING, INC.Independent Mortgage Company
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,213Fees
0.396%Above
62
47
LOWER, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,822Fees
0.163%Above
56
48
BAY EQUITY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,910Fees
0.025%Below
52
49
Bank of America, National AssociationBank
Strong
Acceptable
Strong
Sound
Strong
$1,555Fees
0.265%Below
275
50
GoPrime Mortgage, Inc.Independent Mortgage Company
Strong
Acceptable
Strong
Sound
Strong
$2,433Fees
0.297%Above
166

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.