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Safe Rate's TrueRank Guarantee

Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.

Best FHA Mortgage Lenders in Raleigh

Updated February 5, 2026

Market Overview

196
Total Lenders
23,619
Total Loans
0.15%
Median Rate Spread
RankLenderOverallPricingProductPull ThroughPlaceAvg FeesSpreadVolumeAction
1
VELOCIO MORTGAGE L.L.C.
Exceptional
Exceptional
Exceptional
Exceptional
Strong
$612-0.852%184
2
North State Bank
Exceptional
Exceptional
Strong
Strong
Exceptional
$1,049-0.056%268
3
First-Citizens Bank & Trust Company
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,572-0.130%363
4
MATTAMY HOME FUNDING, LLC
Exceptional
Exceptional
Strong
Strong
Strong
$1,229+0.703%185
5
First Heritage Mortgage, LLC
Exceptional
Strong
Exceptional
Exceptional
Strong
$2,342+0.280%177
6
JET HOMELOANS, LP
Exceptional
Exceptional
Strong
Exceptional
Sound
$1,987-0.444%56
7
UNITED WHOLESALE MORTGAGE, LLC
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,482-0.050%1,409
8
American Security Mortgage Corp.
Exceptional
Strong
Strong
Strong
Exceptional
$1,970+0.103%403
9
VANDERBILT MORTGAGE AND FINANCE, INC.
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$5,328+0.061%397
10
Prosperity Home Mortgage, LLC
Exceptional
Strong
Exceptional
Strong
Strong
$2,006+0.263%313
11
FREEDOM MORTGAGE CORPORATION
Exceptional
Strong
Exceptional
Strong
Strong
$1,753-0.020%247
12
NBKC BANK
Exceptional
Exceptional
Strong
Sound
Strong
$350-0.215%94
13
FBC MORTGAGE, LLC
Exceptional
Strong
Exceptional
Exceptional
Sound
$3,016-0.247%52
14
Truist Bank
Exceptional
Strong
Strong
Sound
Exceptional
-$45-0.056%539
15
PENNYMAC LOAN SERVICES, LLC
Exceptional
Strong
Exceptional
Sound
Strong
$1,943-0.070%280
16
Towne Bank
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,376+0.312%208
17
ROCKET MORTGAGE, LLC
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,663+0.181%1,528
18
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,585+0.399%517
19
LOANDEPOT.COM, LLC
Strong
Sound
Exceptional
Strong
Strong
$2,034-0.142%372
20
M/I FINANCIAL, LLC
Strong
Sound
Exceptional
Strong
Strong
$3,623-0.084%263
21
Towne Mortgage of the Carolinas, LLC
Strong
Sound
Strong
Strong
Exceptional
$3,010+0.200%224
22
CORPORATE INVESTORS MORTGAGE GROUP, INC
Strong
Strong
Sound
Strong
Strong
$2,773+0.141%103
23
The Central Trust Bank
Strong
Sound
Exceptional
Strong
Strong
$1,638+0.073%99
24
INTERCOASTAL MORTGAGE, LLC
Strong
Strong
Strong
Strong
Sound
$2,077+0.475%56
25
MOVEMENT MORTGAGE, LLC
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,003+0.208%903
26
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,282+0.314%185
27
NFM, INC.
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,575+0.415%177
28
United Community Bank
Strong
Sound
Strong
Strong
Strong
$2,629+0.242%174
29
CORNERSTONE CAPITAL BANK, SSB
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,948+0.300%159
30
Alcova Mortgage LLC
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,533+0.188%155
31
NEWREZ LLC
Strong
Sound
Exceptional
Sound
Strong
$1,536+0.315%151
32
T2 FINANCIAL LLC
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,652+0.399%108
33
PRIMELENDING, A PLAINSCAPITAL COMPANY
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,717-0.066%103
34
UNION HOME MORTGAGE CORP.
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,842+0.336%86
35
Flagstar Bank, N.A.
Strong
Sound
Exceptional
Strong
Sound
$2,444+0.196%69
36
Wells Fargo Bank, National Association
Strong
Sound
Strong
Sound
Strong
$1,919+0.006%306
37
ZILLOW HOME LOANS, LLC
Strong
Acceptable
Exceptional
Strong
Strong
$2,537+0.224%284
38
CMG MORTGAGE, INC.
Strong
Acceptable
Exceptional
Strong
Strong
$608-0.154%245
39
GUARANTEED RATE, INC.
Strong
Acceptable
Exceptional
Strong
Strong
$2,514+0.147%220
40
GUILD MORTGAGE COMPANY LLC
Strong
Acceptable
Exceptional
Strong
Strong
$3,788+0.270%126
41
Primis Mortgage Company
Strong
Sound
Strong
Strong
Sound
$2,590+0.181%52
42
DELMAR FINANCIAL COMPANY
Strong
Sound
Strong
Strong
Sound
$2,550+0.361%50
43
FIRST HOME MORTGAGE CORPORATION
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,200+0.355%223
44
MUTUAL OF OMAHA MORTGAGE, INC.
Strong
Acceptable
Exceptional
Sound
Strong
$1,501-0.069%83
45
The Federal Savings Bank
Strong
Acceptable
Exceptional
Sound
Strong
$4,009+0.715%69
46
SUMMIT FUNDING, INC.
Strong
Mediocre
Exceptional
Exceptional
Strong
$3,213+0.396%62
47
LOWER, LLC
Strong
Acceptable
Exceptional
Strong
Sound
$2,822+0.163%56
48
BAY EQUITY LLC
Strong
Acceptable
Exceptional
Strong
Sound
$1,910-0.025%52
49
Bank of America, National Association
Strong
Acceptable
Strong
Sound
Strong
$1,555-0.265%275
50
GoPrime Mortgage, Inc.
Strong
Acceptable
Strong
Sound
Strong
$2,433+0.297%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.

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