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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best FHA Mortgage Bank Lenders in Washington
Updated February 5, 2026
Market Overview
15
Total Lenders
18,734
Total Loans
0.26%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Towne Bank | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $3,197 | +0.116% | 304 | |
2 | United Bank | Exceptional | Strong | Strong | Strong | Exceptional | $1,945 | +0.160% | 228 | |
3 | Manufacturers and Traders Trust Company | Exceptional | Strong | Exceptional | Strong | Strong | -$145 | -0.075% | 128 | |
4 | Truist Bank | Exceptional | Strong | Strong | Sound | Exceptional | -$876 | -0.017% | 264 | |
5 | Capital Bank, National Association | Exceptional | Strong | Strong | Sound | Exceptional | $2,508 | +0.442% | 144 | |
6 | Sandy Spring Bank | Exceptional | Strong | Strong | Strong | Strong | $2,305 | +0.119% | 106 | |
7 | WesBanco Bank, Inc. | Exceptional | Strong | Strong | Strong | Strong | $2,673 | +0.254% | 65 | |
8 | Ameris Bank | Strong | Sound | Exceptional | Strong | Strong | $3,201 | +0.167% | 158 | |
9 | MERIDIAN BANK | Strong | Sound | Exceptional | Strong | Strong | $1,724 | +0.203% | 82 | |
10 | Fulton Bank, National Association | Strong | Strong | Strong | Sound | Strong | $1,900 | +0.219% | 77 | |
11 | Shore United Bank, N.A. | Strong | Sound | Strong | Strong | Strong | $3,059 | +0.339% | 44 | |
12 | Flagstar Bank, N.A. | Strong | Sound | Exceptional | Strong | Sound | $4,365 | +0.381% | 42 | |
13 | Wells Fargo Bank, National Association | Strong | Sound | Strong | Sound | Strong | $1,766 | -0.117% | 194 | |
14 | The Federal Savings Bank | Strong | Acceptable | Exceptional | Sound | Strong | $4,270 | +0.577% | 64 | |
15 | Presidential Bank, FSB | Strong | Acceptable | Strong | Strong | Strong | $3,476 | +0.296% | 49 |
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.
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