# Best Conventional Mortgage Lenders in San Luis Obispo

**As of:** 2026-05-23

Compare the top Conventional mortgage lenders in San Luis Obispo. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/san-luis-obispo/best-mortgage-lenders/conventional-loans


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 34
- **Total Loans:** 1,825
- **Median Rate Spread:** 0.06441176470588235%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | UNITED WHOLESALE MORTGAGE, LLC | 80 | 36 | 86 | 312 | Independent Mortgage Company |
| 2 | ROCKET MORTGAGE, LLC | 80 | 28 | 87 | 136 | Independent Mortgage Company |
| 3 | LOANDEPOT.COM, LLC | 79 | 45 | 72 | 54 | Independent Mortgage Company |
| 4 | JPMorgan Chase Bank, National Association | 79 | 52 | 71 | 40 | Bank |
| 5 | U.S. Bank National Association | 79 | 75 | 69 | 31 | Bank |
| 6 | Bank of America, National Association | 79 | 71 | 67 | 22 | Bank |
| 7 | KD CAPITAL MORTGAGE CORPORATION | 77 | 46 | 80 | 87 | Independent Mortgage Company |
| 8 | Citibank, National Association | 77 | 86 | 54 | 14 | Bank |
| 9 | GUARANTEED RATE, INC. | 75 | 39 | 65 | 282 | Independent Mortgage Company |
| 10 | COASTAL FUNDING SLC, INC. | 75 | 21 | 85 | 177 | Independent Mortgage Company |
| 11 | PENNYMAC LOAN SERVICES, LLC | 73 | 42 | 59 | 52 | Independent Mortgage Company |
| 12 | Wells Fargo Bank, National Association | 73 | 61 | 57 | 19 | Bank |
| 13 | CROSSCOUNTRY MORTGAGE, LLC | 71 | 21 | 74 | 69 | Independent Mortgage Company |
| 14 | KIND LENDING, LLC | 71 | 31 | 66 | 59 | Independent Mortgage Company |
| 15 | Charles Schwab Bank, SSB | 69 | 45 | 73 | 11 | Bank |
| 16 | SESLOC | 68 | 51 | 54 | 52 | Credit Union |
| 17 | EDUCATIONAL EMPLOYEES CREDIT UNION | 68 | 99 | 43 | 12 | Credit Union |
| 18 | DIGNIFIED HOME LOANS, LLC | 67 | 23 | 70 | 30 | Independent Mortgage Company |
| 19 | THE LOAN STORE, INC. | 66 | 39 | 71 | 30 | Independent Mortgage Company |
| 20 | Sierra Pacific Mortgage Company, Inc. | 66 | 33 | 70 | 27 | Independent Mortgage Company |
| 21 | MOVEMENT MORTGAGE, LLC | 66 | 34 | 77 | 25 | Independent Mortgage Company |
| 22 | Flagstar Bank, N.A. | 66 | 34 | 72 | 16 | Bank |
| 23 | NATIONSTAR MORTGAGE LLC | 66 | 27 | 64 | 12 | Independent Mortgage Company |
| 24 | THE GOLDEN 1 | 64 | 59 | 48 | 17 | Credit Union |
| 25 | ENVOY MORTGAGE, LTD | 63 | 24 | 55 | 39 | Independent Mortgage Company |
| 26 | NEWREZ LLC | 62 | 31 | 58 | 12 | Independent Mortgage Company |
| 27 | COASTHILLS CREDIT UNION | 62 | 93 | 42 | 11 | Credit Union |
| 28 | GOLDEN EMPIRE MORTGAGE, INC. | 60 | 18 | 74 | 46 | Independent Mortgage Company |
| 29 | AMERICAN PACIFIC MORTGAGE CORPORATION | 60 | 15 | 75 | 36 | Independent Mortgage Company |
| 30 | NORWICH COMMERCIAL GROUP, INC. | 58 | 37 | 59 | 18 | Independent Mortgage Company |
| 31 | CENTRAL COAST LENDING, INC. | 57 | 34 | 77 | 42 | Independent Mortgage Company |
| 32 | NEXERA HOLDING LLC | 49 | 6 | 48 | 14 | Independent Mortgage Company |
| 33 | OCMBC, INC. | 49 | 9 | 52 | 11 | Independent Mortgage Company |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within San Luis Obispo.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.