Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Virginia Beach

Updated February 5, 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 Lenders14

Total Loans25,142

Median Rate Spread0.15%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Truist BankBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,502Fees	0.047%Above	192
2	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,516Fees	0.098%Below	130
3	Wells Fargo Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$1,999Fees	0.073%Above	211
4	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Sound	$858Fees	0.026%Below	72
5	NBKC BANKBank	Exceptional	Exceptional	Strong	Sound	Sound	$941Fees	0.411%Below	67
6	JPMorgan Chase Bank, National AssociationBank	Strong	Sound	Exceptional	Strong	Strong	$2,500Fees	0.064%Above	232
7	Ameris BankBank	Strong	Sound	Exceptional	Strong	Strong	$3,295Fees	0.006%Above	140
8	Towne BankBank	Strong	Acceptable	Strong	Strong	Exceptional	$2,810Fees	0.203%Above	450
9	Fulton Bank, National AssociationBank	Strong	Acceptable	Exceptional	Strong	Strong	$2,562Fees	0.306%Above	89
10	Presidential Bank, FSBBank	Strong	Acceptable	Strong	Strong	Strong	$2,782Fees	0.322%Above	264
11	USAA Federal Savings BankBank	Strong	Sound	Strong	Acceptable	Strong	$2,165Fees	0.251%Below	138
12	Armed Forces Bank, National AssociationBank	Strong	Sound	Sound	Sound	Strong	$543Fees	0.110%Below	76
13	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Sound	$2,708Fees	0.160%Above	54
14	The Federal Savings BankBank	Sound	Mediocre	Strong	Sound	Strong	$3,125Fees	0.289%Above	136

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.