Safe Rate Rankings

Best All Lender Mortgage Lenders in Watertown

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 Lenders16

Total Loans843

Median Rate Spread0.17%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Watertown Savings BankBank	Exceptional	Exceptional	Sound	Exceptional	$103Fees	0.103%Below	91
2	HOMESTEAD FUNDING CORP.Independent Mortgage Company	Exceptional	Strong	Exceptional	Exceptional	$2,140Fees	0.049%Below	78
3	AMERICU Credit UnionCredit Union	Exceptional	Strong	Strong	Exceptional	$750Fees	0.098%Above	59
4	NAVY FEDERAL CREDIT UNIONCredit Union	Strong	Exceptional	Sound	Sound	$437Fees	0.631%Below	25
5	KeyBank National AssociationBank	Strong	Strong	Strong	Sound	$2,292Fees	0.083%Above	21
6	MOVEMENT MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	$3,082Fees	0.310%Above	195
7	NORTHERN CREDIT UNIONCredit Union	Strong	Sound	Sound	Exceptional	$1,513Fees	0.046%Above	61
8	Community Bank, National AssociationBank	Strong	Sound	Strong	Strong	$325Fees	0.654%Above	48
9	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$4,229Fees	0.610%Above	58
10	Genesee Regional BankBank	Strong	Acceptable	Exceptional	Strong	$1,747Fees	0.574%Above	37
11	PLAZA HOME MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Strong	Strong	$1,709Fees	0.140%Above	44
12	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$2,328Fees	0.371%Above	30

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 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Place

Local market expertise (33%)

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.