Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Reno

Updated February 5, 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 Lenders14

Total Loans5,965

Median Rate Spread0.22%

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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	Strong	$1,575Fees	0.023%Above	112
2	Wells Fargo Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$1,970Fees	0.008%Below	78
3	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$900Fees	0.031%Below	37
4	Morgan Stanley Private Bank, National AssociationBank	Exceptional	Exceptional	Strong	Sound	Sound	$707Fees	0.454%Below	25
5	NBKC BANKBank	Exceptional	Exceptional	Strong	Sound	Sound	$284Fees	0.003%Below	20
6	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$2,457Fees	0.127%Above	82
7	Zions Bancorporation, N.A.Bank	Strong	Strong	Strong	Sound	Strong	$1,248Fees	0.178%Below	53
8	BMO Bank National AssociationBank	Strong	Strong	Strong	Sound	Sound	$14Fees	0.258%Above	22
9	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$2,174Fees	0.150%Above	51
10	Gateway First BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$4,495Fees	0.536%Above	47
11	NexBankBank	Strong	Sound	Strong	Strong	Sound	$2,672Fees	0.784%Above	17
12	Charles Schwab Bank, SSBBank	Strong	Sound	Strong	Strong	Sound	$1,197Fees	0.227%Below	16
13	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Sound	$2,683Fees	0.366%Above	15
14	USAA Federal Savings BankBank	Strong	Sound	Strong	Acceptable	Sound	$1,689Fees	0.271%Below	19

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.