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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 Conventional Mortgage Lenders in San Luis Obispo

Updated February 5, 2026

Market Overview

34
Total Lenders
1,825
Total Loans
0.06%
Median Rate Spread
RankLenderOverallPricingProductPull ThroughPlaceAvg FeesSpreadVolumeAction
1
Citibank, National Association
Exceptional
Exceptional
Exceptional
Sound
Sound
-$1,136-0.379%14
2
U.S. Bank National Association
Exceptional
Strong
Exceptional
Strong
Sound
$741-0.053%31
3
Bank of America, National Association
Exceptional
Strong
Exceptional
Strong
Sound
$703-0.295%22
4
UNITED WHOLESALE MORTGAGE, LLC
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,912+0.055%312
5
ROCKET MORTGAGE, LLC
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,175+0.211%136
6
KD CAPITAL MORTGAGE CORPORATION
Strong
Sound
Sound
Exceptional
Exceptional
$3,487-0.087%87
7
LOANDEPOT.COM, LLC
Strong
Sound
Exceptional
Strong
Strong
$3,625+0.361%54
8
JPMorgan Chase Bank, National Association
Strong
Sound
Exceptional
Strong
Strong
$2,791+0.245%40
9
Wells Fargo Bank, National Association
Strong
Strong
Exceptional
Sound
Sound
$1,568-0.015%19
10
EDUCATIONAL EMPLOYEES CREDIT UNION
Strong
Exceptional
Sound
Sound
Sound
$20-0.720%12
11
GUARANTEED RATE, INC.
Strong
Acceptable
Exceptional
Strong
Exceptional
$1,847+0.191%282
12
COASTAL FUNDING SLC, INC.
Strong
Acceptable
Strong
Exceptional
Exceptional
$3,744+0.310%177
13
PENNYMAC LOAN SERVICES, LLC
Strong
Sound
Exceptional
Sound
Strong
$1,485+0.041%52
14
COASTHILLS CREDIT UNION
Strong
Exceptional
Acceptable
Sound
Sound
$618-0.831%11
15
CROSSCOUNTRY MORTGAGE, LLC
Strong
Acceptable
Exceptional
Strong
Strong
$2,886+0.422%69
16
KIND LENDING, LLC
Strong
Acceptable
Exceptional
Strong
Strong
$1,555+0.251%59
17
SESLOC
Strong
Sound
Sound
Sound
Exceptional
$935-0.076%52
18
Charles Schwab Bank, SSB
Strong
Sound
Strong
Strong
Sound
$384-0.296%11
19
DIGNIFIED HOME LOANS, LLC
Strong
Acceptable
Strong
Strong
Strong
$4,190+0.191%30
20
THE LOAN STORE, INC.
Strong
Acceptable
Exceptional
Strong
Sound
-$309+0.214%30
21
Sierra Pacific Mortgage Company, Inc.
Strong
Acceptable
Exceptional
Strong
Sound
$6,418+0.082%27
22
MOVEMENT MORTGAGE, LLC
Strong
Acceptable
Exceptional
Strong
Sound
$2,360-0.050%25
23
THE GOLDEN 1
Strong
Sound
Strong
Sound
Sound
-$267+0.013%17
24
Flagstar Bank, N.A.
Strong
Acceptable
Exceptional
Strong
Sound
$3,812+0.372%16
25
NATIONSTAR MORTGAGE LLC
Strong
Acceptable
Exceptional
Strong
Sound
$2,877+0.254%12
26
GOLDEN EMPIRE MORTGAGE, INC.
Strong
Mediocre
Exceptional
Strong
Strong
$6,437+0.197%46
27
ENVOY MORTGAGE, LTD
Strong
Acceptable
Strong
Sound
Strong
$3,248+0.495%39
28
AMERICAN PACIFIC MORTGAGE CORPORATION
Strong
Mediocre
Exceptional
Strong
Strong
$2,883+0.378%36
29
NEWREZ LLC
Strong
Acceptable
Exceptional
Sound
Sound
$4,319+0.191%12
30
CENTRAL COAST LENDING, INC.
Sound
Acceptable
Acceptable
Strong
Strong
$3,082+0.260%42
31
NORWICH COMMERCIAL GROUP, INC.
Sound
Acceptable
Strong
Sound
Sound
$3,187-0.053%18
32
NEXERA HOLDING LLC
Sound
Mediocre
Strong
Sound
Sound
$4,366+0.631%14
33
OCMBC, INC.
Sound
Mediocre
Strong
Sound
Sound
$6,984+0.401%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)

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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