Top Mortgage Lenders in the Lake Charles, LA area

Which mortgage lender in the Lake Charles, LA area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Lake Charles, LA area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Lake Charles, LA area is CSE Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.23%. This means that CSE Federal Credit Union provided a -0.23% lower interest rate for its customers than other lenders in Lake Charles, LA for a similar set of borrowers. CSE Federal Credit Union has a market share of 3.5%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 11.1%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.10% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Lake Charles, LA area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Lake Charles, LA is CSE Federal Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is JPMorgan Chase Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Home Point Financial Corporation. The cheapest VA mortgage provider is Navy Federal Credit Union. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.23% 3.46%
Navy Federal Credit Union 2, -0.12% 1.65%
Citizens Bank 3, -0.10% 5.37%
Home Point Financial Corporation 4, -0.09% 5.24%
DHI Mortgage Company Limited 5, -0.08% 3.53%
Gmfs 6, -0.07% 5.24%
Barksdale Federal Credit Union 7, -0.07% 1.62%
Freedom Mortgage Corporation 8, -0.06% 4.93%
Iberiabank 9, -0.05% 3.06%
Pennymac Loan Services 10, -0.04% 2.15%
DSLD Mortgage 11, -0.02% 1.81%
JPMorgan Chase Bank 12, -0.02% 4.53%
Fairway Independent Mort Corp 13, -0.02% 2.34%
Premier Nationwide Lending 14, -0.01% 5.59%
Usaa Federal Savings Bank 15, -0.01% 2.00%
Bank 2 16, 0.01% 1.12%
Crescent Mortgage Company 17, 0.02% 5.21%
Caliber Home Loans Inc 18, 0.02% 5.81%
LoanDepot 19, 0.04% 3.03%
Assurance Financial Group 20, 0.04% 1.53%
Wells Fargo Bank 21, 0.05% 1.19%
Stearns Lending 22, 0.06% 1.15%
Fidelity Bank 23, 0.07% 5.06%
DAS Acquisition Company 24, 0.07% 1.03%
Home Point Mortgage Acceptance Corporation 25, 0.09% 1.65%
Quicken Loans 26, 0.10% 11.11%
Southwest Louisiana Credit Union 27, 0.10% 2.00%
Goldwater Bank National Association 28, 0.12% 1.28%
Sabine State Bank and Trust Company 29, 0.13% 1.94%
Nations Lending Corporation 30, 0.14% 2.47%
American Financial Resources Inc 31, 0.20% 1.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.13% 2.25%
Home Point Financial Corporation 2, -0.12% 6.15%
Citizens Bank 3, -0.12% 5.40%
JPMorgan Chase Bank 4, -0.08% 3.24%
DHI Mortgage Company Limited 5, -0.08% 5.31%
Freedom Mortgage Corporation 6, -0.07% 6.38%
Gmfs 7, -0.06% 5.92%
Iberiabank 8, -0.06% 2.63%
CSE Federal Credit Union 9, -0.06% 1.36%
Pennymac Loan Services 10, -0.05% 1.41%
Fairway Independent Mort Corp 11, -0.02% 3.10%
DSLD Mortgage 12, -0.02% 2.72%
Barksdale Federal Credit Union 13, -0.01% 1.03%
Usaa Federal Savings Bank 14, -0.00% 2.68%
Premier Nationwide Lending 15, -0.00% 6.85%
Bank 2 16, 0.00% 1.31%
Caliber Home Loans Inc 17, 0.03% 7.09%
Crescent Mortgage Company 18, 0.06% 5.16%
LoanDepot 19, 0.06% 1.60%
Wells Fargo Bank 20, 0.06% 1.13%
Stearns Lending 21, 0.06% 1.55%
Quicken Loans 22, 0.07% 5.45%
Fidelity Bank 23, 0.08% 6.90%
Southwest Louisiana Credit Union 24, 0.08% 0.47%
DAS Acquisition Company 25, 0.09% 1.08%
Assurance Financial Group 26, 0.10% 1.31%
Home Point Mortgage Acceptance Corporation 27, 0.10% 1.78%
Sabine State Bank and Trust Company 28, 0.12% 1.55%
Goldwater Bank National Association 29, 0.13% 1.69%
Nations Lending Corporation 30, 0.18% 2.77%
American Financial Resources Inc 31, 0.22% 2.72%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.30% 7.64%
Barksdale Federal Credit Union 2, -0.12% 2.79%
Gmfs 3, -0.09% 3.91%
Citizens Bank 4, -0.07% 5.31%
Crescent Mortgage Company 5, -0.05% 5.31%
Iberiabank 6, -0.05% 3.91%
Pennymac Loan Services 7, -0.04% 3.63%
Premier Nationwide Lending 8, -0.03% 3.07%
Assurance Financial Group 9, -0.03% 1.96%
Fidelity Bank 10, -0.02% 1.40%
Navy Federal Credit Union 11, -0.01% 0.47%
Usaa Federal Savings Bank 12, -0.01% 0.65%
Home Point Financial Corporation 13, -0.00% 3.45%
Goldwater Bank National Association 14, 0.00% 0.47%
American Financial Resources Inc 15, 0.01% 0.28%
Caliber Home Loans Inc 16, 0.01% 3.26%
DAS Acquisition Company 17, 0.02% 0.93%
Fairway Independent Mort Corp 18, 0.03% 0.84%
JPMorgan Chase Bank 19, 0.03% 7.08%
LoanDepot 20, 0.03% 5.87%
Wells Fargo Bank 21, 0.03% 1.30%
Bank 2 22, 0.04% 0.74%
Stearns Lending 23, 0.05% 0.37%
Nations Lending Corporation 24, 0.06% 1.86%
Freedom Mortgage Corporation 25, 0.06% 2.05%
Home Point Mortgage Acceptance Corporation 26, 0.07% 1.40%
Southwest Louisiana Credit Union 27, 0.10% 5.03%
Quicken Loans 28, 0.11% 22.35%
Sabine State Bank and Trust Company 29, 0.13% 2.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.24% 5.80%
Citizens Bank 2, -0.10% 8.46%
DHI Mortgage Company Limited 3, -0.08% 2.55%
Barksdale Federal Credit Union 4, -0.08% 2.28%
Iberiabank 5, -0.06% 4.66%
Gmfs 6, -0.05% 5.20%
Premier Nationwide Lending 7, -0.05% 5.37%
JPMorgan Chase Bank 8, -0.02% 7.53%
Pennymac Loan Services 9, -0.01% 1.63%
Fidelity Bank 10, -0.01% 4.01%
Home Point Financial Corporation 11, -0.01% 4.55%
Fairway Independent Mort Corp 12, 0.00% 1.30%
Usaa Federal Savings Bank 13, 0.01% 1.03%
Navy Federal Credit Union 14, 0.01% 0.92%
DSLD Mortgage 15, 0.02% 2.01%
Crescent Mortgage Company 16, 0.03% 7.91%
Assurance Financial Group 17, 0.03% 1.84%
Bank 2 18, 0.03% 0.22%
American Financial Resources Inc 19, 0.03% 0.05%
LoanDepot 20, 0.04% 2.11%
DAS Acquisition Company 21, 0.05% 0.98%
Nations Lending Corporation 22, 0.05% 0.76%
Caliber Home Loans Inc 23, 0.05% 3.36%
Stearns Lending 24, 0.05% 0.43%
Wells Fargo Bank 25, 0.06% 1.84%
Freedom Mortgage Corporation 26, 0.07% 1.57%
Goldwater Bank National Association 27, 0.07% 0.98%
Southwest Louisiana Credit Union 28, 0.11% 3.41%
Home Point Mortgage Acceptance Corporation 29, 0.11% 1.08%
Quicken Loans 30, 0.13% 13.39%
Sabine State Bank and Trust Company 31, 0.16% 2.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Citizens Bank 1, -0.11% 9.93%
JPMorgan Chase Bank 2, -0.08% 6.30%
DHI Mortgage Company Limited 3, -0.07% 4.49%
Iberiabank 4, -0.06% 4.97%
CSE Federal Credit Union 5, -0.06% 2.58%
Premier Nationwide Lending 6, -0.04% 6.88%
LoanDepot 7, -0.02% 0.76%
Gmfs 8, -0.02% 6.30%
Pennymac Loan Services 9, -0.02% 1.34%
Home Point Financial Corporation 10, -0.01% 5.83%
Barksdale Federal Credit Union 11, -0.01% 1.43%
Fidelity Bank 12, -0.00% 5.92%
Fairway Independent Mort Corp 13, -0.00% 1.72%
Usaa Federal Savings Bank 14, 0.01% 1.53%
Navy Federal Credit Union 15, 0.02% 1.34%
DSLD Mortgage 16, 0.02% 3.53%
Bank 2 17, 0.04% 0.38%
American Financial Resources Inc 18, 0.04% 0.10%
Nations Lending Corporation 19, 0.04% 0.96%
Caliber Home Loans Inc 20, 0.05% 4.49%
Stearns Lending 21, 0.06% 0.38%
DAS Acquisition Company 22, 0.06% 0.96%
Quicken Loans 23, 0.07% 7.45%
Wells Fargo Bank 24, 0.08% 1.91%
Crescent Mortgage Company 25, 0.08% 8.98%
Freedom Mortgage Corporation 26, 0.09% 2.20%
Southwest Louisiana Credit Union 27, 0.09% 0.96%
Goldwater Bank National Association 28, 0.09% 1.43%
Assurance Financial Group 29, 0.11% 1.53%
Home Point Mortgage Acceptance Corporation 30, 0.12% 1.05%
Sabine State Bank and Trust Company 31, 0.17% 2.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.31% 10.03%
Barksdale Federal Credit Union 2, -0.13% 3.38%
Gmfs 3, -0.11% 3.76%
Citizens Bank 4, -0.07% 6.52%
Iberiabank 5, -0.06% 4.26%
Crescent Mortgage Company 6, -0.06% 6.52%
Premier Nationwide Lending 7, -0.05% 3.38%
Assurance Financial Group 8, -0.04% 2.26%
Fidelity Bank 9, -0.02% 1.50%
Pennymac Loan Services 10, -0.02% 2.01%
Goldwater Bank National Association 11, -0.01% 0.38%
Navy Federal Credit Union 12, -0.01% 0.38%
Home Point Financial Corporation 13, 0.01% 2.88%
Usaa Federal Savings Bank 14, 0.02% 0.38%
Freedom Mortgage Corporation 15, 0.02% 0.75%
DAS Acquisition Company 16, 0.03% 1.00%
JPMorgan Chase Bank 17, 0.03% 9.15%
Wells Fargo Bank 18, 0.04% 1.75%
Fairway Independent Mort Corp 19, 0.04% 0.75%
LoanDepot 20, 0.04% 3.88%
Stearns Lending 21, 0.05% 0.50%
Caliber Home Loans Inc 22, 0.06% 1.88%
Nations Lending Corporation 23, 0.07% 0.50%
Southwest Louisiana Credit Union 24, 0.10% 6.64%
Home Point Mortgage Acceptance Corporation 25, 0.11% 1.13%
Sabine State Bank and Trust Company 26, 0.15% 3.26%
Quicken Loans 27, 0.15% 21.18%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Point Financial Corporation 1, -0.22% 7.76%
DSLD Mortgage 2, -0.16% 1.19%
DHI Mortgage Company Limited 3, -0.12% 5.60%
Gmfs 4, -0.12% 6.47%
Freedom Mortgage Corporation 5, -0.11% 8.84%
Pennymac Loan Services 6, -0.09% 1.94%
Fairway Independent Mort Corp 7, -0.08% 3.23%
Citizens Bank 8, -0.07% 0.86%
Crescent Mortgage Company 9, -0.05% 0.54%
Sabine State Bank and Trust Company 10, -0.02% 0.97%
Navy Federal Credit Union 11, -0.02% 0.22%
Barksdale Federal Credit Union 12, -0.01% 0.32%
Bank 2 13, -0.01% 3.02%
CSE Federal Credit Union 14, -0.01% 0.11%
Iberiabank 15, 0.00% 0.54%
Caliber Home Loans Inc 16, 0.00% 11.31%
JPMorgan Chase Bank 17, 0.01% 0.22%
Southwest Louisiana Credit Union 18, 0.01% 0.11%
Quicken Loans 19, 0.02% 8.08%
Premier Nationwide Lending 20, 0.03% 6.57%
Stearns Lending 21, 0.03% 2.05%
Wells Fargo Bank 22, 0.04% 0.11%
Home Point Mortgage Acceptance Corporation 23, 0.08% 3.02%
LoanDepot 24, 0.08% 3.34%
Assurance Financial Group 25, 0.08% 1.29%
DAS Acquisition Company 26, 0.10% 1.51%
Goldwater Bank National Association 27, 0.15% 2.37%
Fidelity Bank 28, 0.16% 6.47%
Nations Lending Corporation 29, 0.17% 5.93%
American Financial Resources Inc 30, 0.21% 6.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Point Financial Corporation 1, -0.25% 7.88%
DSLD Mortgage 2, -0.16% 1.40%
Gmfs 3, -0.13% 6.73%
Pennymac Loan Services 4, -0.13% 1.40%
Freedom Mortgage Corporation 5, -0.12% 9.91%
DHI Mortgage Company Limited 6, -0.12% 6.61%
Fairway Independent Mort Corp 7, -0.08% 3.81%
Citizens Bank 8, -0.07% 1.02%
Crescent Mortgage Company 9, -0.05% 0.64%
Sabine State Bank and Trust Company 10, -0.03% 0.76%
Bank 2 11, -0.02% 2.80%
Navy Federal Credit Union 12, -0.02% 0.25%
Barksdale Federal Credit Union 13, -0.01% 0.25%
CSE Federal Credit Union 14, -0.01% 0.13%
Caliber Home Loans Inc 15, 0.01% 12.07%
Iberiabank 16, 0.01% 0.38%
JPMorgan Chase Bank 17, 0.01% 0.25%
Premier Nationwide Lending 18, 0.03% 7.50%
Stearns Lending 19, 0.03% 2.41%
Wells Fargo Bank 20, 0.04% 0.13%
Home Point Mortgage Acceptance Corporation 21, 0.09% 2.92%
LoanDepot 22, 0.09% 2.54%
Quicken Loans 23, 0.10% 3.30%
Assurance Financial Group 24, 0.10% 1.14%
DAS Acquisition Company 25, 0.12% 1.52%
Goldwater Bank National Association 26, 0.16% 2.67%
Fidelity Bank 27, 0.16% 7.50%
Nations Lending Corporation 28, 0.21% 5.21%
American Financial Resources Inc 29, 0.21% 6.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.03% 34.75%
Pennymac Loan Services 2, -0.02% 4.96%
Caliber Home Loans Inc 3, -0.02% 7.09%
Home Point Financial Corporation 4, -0.02% 7.09%
Gmfs 5, -0.01% 4.96%
American Financial Resources Inc 6, -0.01% 1.42%
Iberiabank 7, -0.00% 1.42%
Sabine State Bank and Trust Company 8, -0.00% 2.13%
Barksdale Federal Credit Union 9, -0.00% 0.71%
DAS Acquisition Company 10, 0.01% 1.42%
Southwest Louisiana Credit Union 11, 0.01% 0.71%
Fidelity Bank 12, 0.01% 0.71%
Premier Nationwide Lending 13, 0.02% 1.42%
Home Point Mortgage Acceptance Corporation 14, 0.02% 3.55%
Bank 2 15, 0.03% 4.26%
Assurance Financial Group 16, 0.03% 2.13%
Goldwater Bank National Association 17, 0.04% 0.71%
Freedom Mortgage Corporation 18, 0.04% 2.84%
LoanDepot 19, 0.05% 7.80%
Nations Lending Corporation 20, 0.06% 9.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.01% 17.65%
CSE Federal Credit Union 2, -0.01% 17.65%
Citizens Bank 3, 0.00% 5.88%
Barksdale Federal Credit Union 4, 0.00% 5.88%
Crescent Mortgage Company 5, 0.00% 35.29%
Fidelity Bank 6, 0.00% 5.88%
Iberiabank 7, 0.03% 11.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.00% 20.00%
Citizens Bank 2, -0.00% 20.00%
Crescent Mortgage Company 3, -0.00% 40.00%
Fidelity Bank 4, 0.00% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CSE Federal Credit Union 1, -0.02% 16.67%
JPMorgan Chase Bank 2, -0.01% 25.00%
Barksdale Federal Credit Union 3, 0.00% 8.33%
Crescent Mortgage Company 4, 0.00% 33.33%
Iberiabank 5, 0.03% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.19% 8.21%
Freedom Mortgage Corporation 2, -0.05% 11.35%
Pennymac Loan Services 3, -0.04% 5.07%
Citizens Bank 4, -0.02% 1.69%
Gmfs 5, -0.02% 2.90%
Wells Fargo Bank 6, -0.02% 0.72%
Crescent Mortgage Company 7, -0.02% 2.42%
DSLD Mortgage 8, -0.01% 2.42%
Caliber Home Loans Inc 9, -0.01% 4.59%
Usaa Federal Savings Bank 10, -0.01% 10.87%
Iberiabank 11, -0.00% 1.21%
LoanDepot 12, 0.01% 6.52%
Home Point Financial Corporation 13, 0.01% 2.90%
JPMorgan Chase Bank 14, 0.01% 0.24%
Barksdale Federal Credit Union 15, 0.01% 1.45%
Sabine State Bank and Trust Company 16, 0.02% 0.48%
DHI Mortgage Company Limited 17, 0.02% 3.38%
Fairway Independent Mort Corp 18, 0.03% 5.07%
Bank 2 19, 0.03% 0.97%
Goldwater Bank National Association 20, 0.03% 0.24%
DAS Acquisition Company 21, 0.05% 0.24%
Assurance Financial Group 22, 0.05% 0.72%
Premier Nationwide Lending 23, 0.06% 4.59%
Home Point Mortgage Acceptance Corporation 24, 0.06% 1.21%
American Financial Resources Inc 25, 0.08% 0.97%
Nations Lending Corporation 26, 0.08% 2.42%
Quicken Loans 27, 0.09% 8.21%
Fidelity Bank 28, 0.09% 6.52%
Stearns Lending 29, 0.09% 2.42%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.19% 11.00%
Freedom Mortgage Corporation 2, -0.09% 12.03%
Crescent Mortgage Company 3, -0.02% 3.09%
Wells Fargo Bank 4, -0.01% 1.03%
DSLD Mortgage 5, -0.01% 3.44%
Usaa Federal Savings Bank 6, 0.00% 14.09%
Caliber Home Loans Inc 7, 0.01% 3.09%
Gmfs 8, 0.01% 2.41%
Iberiabank 9, 0.02% 0.34%
Pennymac Loan Services 10, 0.02% 1.72%
LoanDepot 11, 0.02% 2.06%
JPMorgan Chase Bank 12, 0.02% 0.34%
Bank 2 13, 0.02% 0.69%
Sabine State Bank and Trust Company 14, 0.02% 0.69%
Barksdale Federal Credit Union 15, 0.02% 1.72%
Citizens Bank 16, 0.03% 0.69%
Home Point Financial Corporation 17, 0.03% 2.75%
DHI Mortgage Company Limited 18, 0.03% 4.81%
Fairway Independent Mort Corp 19, 0.04% 6.19%
DAS Acquisition Company 20, 0.06% 0.34%
Assurance Financial Group 21, 0.06% 1.03%
Quicken Loans 22, 0.06% 4.12%
Premier Nationwide Lending 23, 0.07% 5.15%
Home Point Mortgage Acceptance Corporation 24, 0.08% 1.37%
American Financial Resources Inc 25, 0.09% 1.03%
Stearns Lending 26, 0.10% 3.44%
Fidelity Bank 27, 0.11% 8.59%
Nations Lending Corporation 28, 0.11% 2.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pennymac Loan Services 1, -0.08% 13.01%
Gmfs 2, -0.07% 4.07%
Citizens Bank 3, -0.06% 4.07%
Caliber Home Loans Inc 4, -0.04% 8.13%
Usaa Federal Savings Bank 5, -0.04% 3.25%
Home Point Financial Corporation 6, -0.03% 3.25%
Iberiabank 7, -0.02% 3.25%
Fidelity Bank 8, -0.02% 1.63%
Navy Federal Credit Union 9, -0.02% 1.63%
Barksdale Federal Credit Union 10, -0.02% 0.81%
LoanDepot 11, -0.01% 17.07%
Fairway Independent Mort Corp 12, -0.00% 2.44%
Nations Lending Corporation 13, 0.00% 1.63%
Home Point Mortgage Acceptance Corporation 14, 0.01% 0.81%
Goldwater Bank National Association 15, 0.01% 0.81%
Crescent Mortgage Company 16, 0.02% 0.81%
American Financial Resources Inc 17, 0.03% 0.81%
Bank 2 18, 0.03% 1.63%
Premier Nationwide Lending 19, 0.04% 3.25%
Freedom Mortgage Corporation 20, 0.07% 9.76%
Quicken Loans 21, 0.08% 17.89%

* Data is compiled for the Lake Charles, LA commuting zone area, which comprises of counties of Allen Parish, LA, Beauregard Parish, LA, Calcasieu Parish, LA, Cameron Parish, LA, Jefferson Davis Parish, LA, and Vernon Parish, LA. This includes cities/towns/communities of Lake Charles, LA as well as Prien, LA, Sulphur, LA, Moss Bluff, LA, Gillis, LA, DeRidder, LA, Hayes, LA, Oretta, LA, Westlake, LA, Leesville, LA, DeRidder, LA, Oberlin, LA, Carlyss, LA, Lacassine, LA, Iowa, LA, Jennings, LA, DeQuincy, LA, Sugartown, LA, Anacoco, LA, Vinton, LA, Lake Arthur, LA, Simpson, LA, Fenton, LA, Roanoke, LA, Pitkin, LA, Elizabeth, LA, Merryville, LA, Oakdale, LA, Cameron, LA, Fort Polk North, LA, and Fort Polk South, LA. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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