Safe Rate Rankings

Best Conventional Mortgage Lenders in San Luis Obispo

Updated May 23, 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 Lenders34

Total Loans1,825

Median Rate Spread0.06%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Citibank, National AssociationBank	Exceptional	Exceptional	Exceptional	Sound	Sound	$1,136Credit	0.379%Below	14
2	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$741Fees	0.053%Below	31
3	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$703Fees	0.295%Below	22
4	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$2,912Fees	0.055%Above	312
5	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$3,175Fees	0.211%Above	136
6	KD CAPITAL MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Sound	Exceptional	Exceptional	$3,487Fees	0.087%Below	87
7	LOANDEPOT.COM, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Strong	Strong	$3,625Fees	0.361%Above	54
8	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$2,791Fees	0.245%Above	40
9	Wells Fargo Bank, National AssociationBank	Strong	Strong	Exceptional	Sound	Sound	$1,568Fees	0.015%Below	19
10	EDUCATIONAL EMPLOYEES CREDIT UNIONCredit Union	Strong	Exceptional	Sound	Sound	Sound	$20Fees	0.720%Below	12
11	GUARANTEED RATE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Exceptional	$1,847Fees	0.191%Above	282
12	COASTAL FUNDING SLC, INC.Independent Mortgage Company	Strong	Acceptable	Strong	Exceptional	Exceptional	$3,744Fees	0.310%Above	177
13	PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Sound	Strong	$1,485Fees	0.041%Above	52
14	COASTHILLS CREDIT UNIONCredit Union	Strong	Exceptional	Acceptable	Sound	Sound	$618Fees	0.831%Below	11
15	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,886Fees	0.422%Above	69
16	KIND LENDING, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$1,555Fees	0.251%Above	59
17	SESLOCCredit Union	Strong	Sound	Sound	Sound	Exceptional	$935Fees	0.076%Below	52
18	Charles Schwab Bank, SSBBank	Strong	Sound	Strong	Strong	Sound	$384Fees	0.296%Below	11
19	DIGNIFIED HOME LOANS, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	Strong	$4,190Fees	0.191%Above	30
20	THE LOAN STORE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$309Credit	0.214%Above	30
21	Sierra Pacific Mortgage Company, Inc.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$6,418Fees	0.082%Above	27
22	MOVEMENT MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$2,360Fees	0.050%Below	25
23	THE GOLDEN 1Credit Union	Strong	Sound	Strong	Sound	Sound	$267Credit	0.013%Above	17
24	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Sound	$3,812Fees	0.372%Above	16
25	NATIONSTAR MORTGAGE LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$2,877Fees	0.254%Above	12
26	GOLDEN EMPIRE MORTGAGE, INC.Independent Mortgage Company	Strong	Mediocre	Exceptional	Strong	Strong	$6,437Fees	0.197%Above	46
27	ENVOY MORTGAGE, LTDIndependent Mortgage Company	Strong	Acceptable	Strong	Sound	Strong	$3,248Fees	0.495%Above	39
28	AMERICAN PACIFIC MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Mediocre	Exceptional	Strong	Strong	$2,883Fees	0.378%Above	36
29	NEWREZ LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	Sound	$4,319Fees	0.191%Above	12
30	CENTRAL COAST LENDING, INC.Independent Mortgage Company	Sound	Acceptable	Acceptable	Strong	Strong	$3,082Fees	0.260%Above	42
31	NORWICH COMMERCIAL GROUP, INC.Independent Mortgage Company	Sound	Acceptable	Strong	Sound	Sound	$3,187Fees	0.053%Below	18
32	NEXERA HOLDING LLCIndependent Mortgage Company	Sound	Mediocre	Strong	Sound	Sound	$4,366Fees	0.631%Above	14
33	OCMBC, INC.Independent Mortgage Company	Sound	Mediocre	Strong	Sound	Sound	$6,984Fees	0.401%Above	11

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.