Safe Rate Rankings

Best USDA Mortgage Lenders in Springfield

Updated May 22, 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 Lenders68

Total Loans5,915

Median Rate Spread0.40%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	GERSHMAN INVESTMENT CORP.Independent Mortgage Company	Exceptional	Strong	Exceptional	Strong	Exceptional	$1,270Fees	0.498%Above	346
2	FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company	Exceptional	Sound	Exceptional	Strong	Exceptional	$1,249Fees	0.418%Above	636
3	Great Southern BankBank	Exceptional	Strong	Strong	Sound	Exceptional	$936Fees	0.043%Above	278
4	The Central Trust BankBank	Exceptional	Sound	Exceptional	Strong	Exceptional	$1,598Fees	0.375%Above	267
5	Paramount Residential Mortgage Group, Inc.Independent Mortgage Company	Strong	Sound	Exceptional	Strong	Sound	$1,445Fees	0.870%Above	18
6	Mortgage Research Center, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	Exceptional	$1,935Fees	0.455%Above	228
7	PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,136Fees	0.492%Above	67
8	Southern BankBank	Strong	Sound	Strong	Sound	Strong	$540Fees	0.272%Above	50
9	DAS Acquisition Company, LLCIndependent Mortgage Company	Strong	Mediocre	Exceptional	Strong	Exceptional	$1,852Fees	0.689%Above	338
10	Click n' Close, Inc.Independent Mortgage Company	Sound	Mediocre	Exceptional	Sound	Sound	$7,115Fees	1.500%Above	25

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)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

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.