Safe Rate Rankings

Best USDA Mortgage Lenders in Spartanburg

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.
Total Lenders92
Total Loans5,847
Median Rate Spread0.27%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Exceptional
$2,277Fees
0.409%Above
180
2
FBC MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$756Fees
0.616%Below
99
3
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,851Fees
0.214%Above
212
4
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Sound
Strong
$2,035Fees
0.145%Above
69
5
Sierra Pacific Mortgage Company, Inc.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,933Fees
0.069%Below
65
6
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,827Fees
0.556%Above
93
7
ATLANTIC BAY MORTGAGE GROUP, L.L.C.Independent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,681Fees
0.452%Above
80
8
THE LOAN STORE, INC.Independent Mortgage Company
Sound
Acceptable
Sound
Acceptable
Strong
$2,651Fees
0.064%Above
108

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.