Safe Rate Rankings

Best Bank Mortgage Lenders in Seattle

Updated May 21, 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 Lenders154

Total Loans22,150

Median Rate Spread0.18%

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Morgan Stanley Private Bank, National AssociationBank	Exceptional	Exceptional	Strong	Strong	$341Fees	0.498%Below	160
2	U.S. Bank National AssociationBank	Exceptional	Strong	Strong	Exceptional	$884Credit	0.200%Below	779
3	Bank of America, National AssociationBank	Exceptional	Strong	Strong	Exceptional	$40Credit	0.326%Below	595
4	HSBC BANK USA, NATIONAL ASSOCIATIONBank	Exceptional	Strong	Strong	Exceptional	$692Credit	0.204%Below	284
5	Citibank, National AssociationBank	Exceptional	Exceptional	Sound	Strong	$1,737Credit	0.401%Below	169
6	NBKC BANKBank	Exceptional	Exceptional	Sound	Strong	$101Credit	0.226%Below	84
7	Wells Fargo Bank, National AssociationBank	Strong	Strong	Sound	Exceptional	$987Fees	0.271%Below	675
8	PNC Bank, National AssociationBank	Strong	Strong	Strong	Strong	$668Credit	0.005%Below	306
9	KeyBank National AssociationBank	Strong	Strong	Strong	Strong	$1,093Credit	0.108%Below	242
10	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Strong	Exceptional	$1,020Fees	0.158%Below	882
11	CORNERSTONE CAPITAL BANK, SSBBank	Strong	Acceptable	Strong	Exceptional	$3,266Fees	0.264%Above	376
12	1st Security Bank of WashingtonBank	Strong	Acceptable	Strong	Exceptional	$3,370Fees	0.142%Above	221
13	BMO Bank National AssociationBank	Strong	Sound	Sound	Strong	$219Credit	0.012%Above	120
14	Banner BankBank	Strong	Sound	Sound	Strong	$3,519Fees	0.238%Above	59
15	NexBankBank	Strong	Sound	Strong	Sound	$1,270Fees	0.247%Above	56
16	HomeStreet BankBank	Strong	Acceptable	Strong	Strong	$2,831Fees	0.212%Above	191
17	Umpqua BankBank	Strong	Acceptable	Strong	Strong	$2,274Fees	0.086%Above	107
18	Charles Schwab Bank, SSBBank	Strong	Acceptable	Strong	Strong	$763Fees	0.246%Below	88
19	WASHINGTON FEDERAL BANKBank	Sound	Mediocre	Acceptable	Strong	$4,981Fees	0.594%Above	75

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 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Place

Local market expertise (33%)

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.