Safe Rate Rankings

Best FHA Mortgage Lenders in Rochester

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 Lenders40

Total Loans2,266

Median Rate Spread0.21%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Exceptional	Sound	Exceptional	Exceptional	Exceptional	$3,497Fees	0.258%Above	308
2	Alerus Financial, National AssociationBank	Exceptional	Strong	Strong	Strong	Exceptional	$2,602Fees	0.031%Below	156
3	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$1,207Fees	0.013%Above	90
4	FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company	Exceptional	Strong	Exceptional	Strong	Sound	$704Fees	1.127%Above	12
5	LOANDEPOT.COM, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Strong	Strong	$3,473Fees	0.615%Above	61
6	Bell BankBank	Strong	Acceptable	Exceptional	Strong	Exceptional	$3,813Fees	0.111%Above	166
7	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Strong	$4,125Fees	0.369%Above	120
8	FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,562Fees	0.482%Above	77
9	Bremer Bank, National AssociationBank	Strong	Sound	Strong	Strong	Strong	$3,198Fees	0.187%Above	77
10	Plains Commerce BankBank	Strong	Sound	Exceptional	Strong	Sound	$3,137Fees	0.225%Above	24
11	GUARANTEED RATE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,605Fees	0.214%Above	90
12	GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,826Fees	0.279%Above	59
13	Barrington Bank & Trust Company, National AssociationBank	Strong	Acceptable	Exceptional	Strong	Sound	$2,735Fees	0.563%Above	24
14	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Sound	Mediocre	Exceptional	Strong	Sound	$3,748Fees	0.456%Above	27
15	NEW AMERICAN FUNDING, LLCIndependent Mortgage Company	Sound	Mediocre	Exceptional	Sound	Sound	$3,423Fees	0.683%Above	26

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.