# Best USDA Mortgage Lenders in Spartanburg, SC

**As of:** 2026-05-21

Compare the top USDA mortgage lenders in Spartanburg, SC. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/spartanburg-sc/best-mortgage-lenders/usda-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:** 92
- **Total Loans:** 5,847
- **Median Rate Spread:** 0.26874444444444445%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | 89 | 69 | 72 | 180 | Independent Mortgage Company |
| 2 | FBC MORTGAGE, LLC | 85 | 60 | 75 | 99 | Independent Mortgage Company |
| 3 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 75 | 22 | 77 | 212 | Independent Mortgage Company |
| 4 | Flagstar Bank, N.A. | 73 | 41 | 58 | 69 | Bank |
| 5 | Sierra Pacific Mortgage Company, Inc. | 71 | 29 | 66 | 65 | Independent Mortgage Company |
| 6 | CROSSCOUNTRY MORTGAGE, LLC | 60 | 7 | 70 | 93 | Independent Mortgage Company |
| 7 | ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 60 | 17 | 79 | 80 | Independent Mortgage Company |
| 8 | THE LOAN STORE, INC. | 53 | 40 | 26 | 108 | 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 Spartanburg, SC.

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.