Top Mortgage Lenders in the Utica, NY area

Which mortgage lender in the Utica, NY 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 Utica, NY 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 Utica, NY area is Homeowners Advantage, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.20%. This means that Homeowners Advantage provided a -0.20% lower interest rate for its customers than other lenders in Utica, NY for a similar set of borrowers. Homeowners Advantage has a market share of 5.8%. On the other hand, the most popular lender in the market is AmeriCU Credit Union, with a market share of 19.1%. AmeriCU Credit Union is an average rate lender in this area, with a “Rate Difference” of +0.01% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Utica, NY 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 Utica, NY is Homeowners Advantage. 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 NBT Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Homeowners Advantage. The cheapest VA mortgage provider is Navy Federal Credit Union. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.20% 5.84%
Adirondack Bank 2, -0.17% 4.85%
Watertown Savings Bank 3, -0.17% 2.28%
Navy Federal Credit Union 4, -0.14% 1.47%
NBT Bank 5, -0.13% 2.90%
OwnersChoice Funding, Inc 6, -0.11% 2.38%
SEFCU Services 7, -0.11% 1.47%
KeyBank National Association 8, -0.10% 4.85%
Home Point Financial Corporation 9, -0.08% 1.02%
Premium Mortgage Corporation 10, -0.08% 0.93%
Homestead Funding Corp 11, -0.08% 5.49%
Empower Federal Credit Union 12, -0.06% 0.86%
1st Priority Mortgage Inc 13, -0.04% 2.23%
M&T Bank 14, -0.02% 2.40%
Plaza Home Mortgage Inc 15, 0.01% 6.82%
AmeriCU Credit Union 16, 0.01% 19.12%
LoanDepot 17, 0.02% 1.24%
Wells Fargo Bank 18, 0.02% 1.35%
Northern Credit Union 19, 0.04% 2.87%
Primelending 20, 0.04% 1.92%
Usaa Federal Savings Bank 21, 0.04% 2.07%
Berkshire Bank 22, 0.05% 1.12%
Nationstar Mortgage 23, 0.07% 0.88%
Hunt Mortgage Corporation 24, 0.09% 1.24%
Movement Mortgage 25, 0.09% 3.71%
Quicken Loans 26, 0.13% 8.43%
Community Bank 27, 0.24% 10.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.18% 7.74%
Watertown Savings Bank 2, -0.15% 1.90%
Navy Federal Credit Union 3, -0.14% 2.16%
AmeriCU Credit Union 4, -0.13% 11.05%
NBT Bank 5, -0.13% 4.02%
Adirondack Bank 6, -0.11% 3.46%
SEFCU Services 7, -0.11% 2.16%
Home Point Financial Corporation 8, -0.08% 1.53%
Premium Mortgage Corporation 9, -0.08% 1.34%
Homestead Funding Corp 10, -0.07% 8.48%
OwnersChoice Funding, Inc 11, -0.05% 2.46%
Empower Federal Credit Union 12, -0.05% 1.04%
KeyBank National Association 13, -0.03% 3.79%
1st Priority Mortgage Inc 14, -0.03% 3.39%
M&T Bank 15, -0.01% 2.94%
Plaza Home Mortgage Inc 16, 0.01% 10.45%
Berkshire Bank 17, 0.02% 0.89%
Wells Fargo Bank 18, 0.02% 1.67%
LoanDepot 19, 0.04% 0.30%
Primelending 20, 0.05% 2.83%
Usaa Federal Savings Bank 21, 0.05% 2.90%
Nationstar Mortgage 22, 0.08% 0.37%
Hunt Mortgage Corporation 23, 0.09% 1.86%
Movement Mortgage 24, 0.10% 5.62%
Northern Credit Union 25, 0.14% 1.15%
Quicken Loans 26, 0.24% 4.58%
Community Bank 27, 0.34% 9.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.33% 2.50%
Adirondack Bank 2, -0.23% 7.29%
OwnersChoice Funding, Inc 3, -0.22% 2.23%
Watertown Savings Bank 4, -0.21% 2.96%
KeyBank National Association 5, -0.17% 6.70%
Empower Federal Credit Union 6, -0.11% 0.53%
NBT Bank 7, -0.08% 0.92%
SEFCU Services 8, -0.07% 0.26%
M&T Bank 9, -0.06% 1.45%
Premium Mortgage Corporation 10, -0.02% 0.20%
1st Priority Mortgage Inc 11, -0.02% 0.20%
Primelending 12, -0.02% 0.33%
Homestead Funding Corp 13, -0.02% 0.20%
Navy Federal Credit Union 14, -0.02% 0.26%
Plaza Home Mortgage Inc 15, -0.01% 0.39%
Hunt Mortgage Corporation 16, -0.01% 0.13%
Northern Credit Union 17, -0.00% 5.91%
Movement Mortgage 18, -0.00% 0.33%
Home Point Financial Corporation 19, 0.00% 0.13%
LoanDepot 20, 0.01% 2.89%
Usaa Federal Savings Bank 21, 0.01% 0.59%
Wells Fargo Bank 22, 0.02% 0.79%
Nationstar Mortgage 23, 0.06% 1.77%
Quicken Loans 24, 0.07% 15.24%
Berkshire Bank 25, 0.08% 1.51%
Community Bank 26, 0.08% 10.91%
AmeriCU Credit Union 27, 0.09% 33.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.21% 5.81%
Adirondack Bank 2, -0.18% 7.14%
Watertown Savings Bank 3, -0.18% 3.36%
Homestead Funding Corp 4, -0.16% 2.66%
SEFCU Services 5, -0.15% 1.47%
NBT Bank 6, -0.14% 3.88%
KeyBank National Association 7, -0.12% 5.84%
OwnersChoice Funding, Inc 8, -0.12% 3.50%
1st Priority Mortgage Inc 9, -0.08% 1.40%
Premium Mortgage Corporation 10, -0.07% 0.70%
Empower Federal Credit Union 11, -0.07% 1.26%
M&T Bank 12, -0.02% 2.55%
Primelending 13, -0.01% 1.33%
Wells Fargo Bank 14, -0.01% 1.36%
AmeriCU Credit Union 15, 0.01% 24.76%
Hunt Mortgage Corporation 16, 0.01% 0.63%
Home Point Financial Corporation 17, 0.02% 0.14%
Nationstar Mortgage 18, 0.03% 0.42%
Northern Credit Union 19, 0.03% 4.09%
LoanDepot 20, 0.05% 0.66%
Usaa Federal Savings Bank 21, 0.06% 0.73%
Berkshire Bank 22, 0.06% 1.12%
Navy Federal Credit Union 23, 0.11% 0.56%
Plaza Home Mortgage Inc 24, 0.12% 1.64%
Movement Mortgage 25, 0.12% 1.96%
Quicken Loans 26, 0.20% 6.05%
Community Bank 27, 0.24% 14.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
AmeriCU Credit Union 1, -0.20% 13.33%
Homeowners Advantage 2, -0.17% 8.40%
Homestead Funding Corp 3, -0.16% 4.86%
SEFCU Services 4, -0.16% 2.50%
Watertown Savings Bank 5, -0.15% 3.35%
NBT Bank 6, -0.15% 6.43%
Adirondack Bank 7, -0.12% 6.11%
1st Priority Mortgage Inc 8, -0.08% 2.43%
Premium Mortgage Corporation 9, -0.07% 1.18%
OwnersChoice Funding, Inc 10, -0.06% 4.33%
Empower Federal Credit Union 11, -0.05% 1.84%
KeyBank National Association 12, -0.04% 4.46%
Wells Fargo Bank 13, -0.01% 1.90%
Primelending 14, -0.01% 2.23%
LoanDepot 15, -0.00% 0.13%
M&T Bank 16, 0.01% 3.35%
Berkshire Bank 17, 0.01% 0.59%
Hunt Mortgage Corporation 18, 0.01% 1.12%
Home Point Financial Corporation 19, 0.02% 0.20%
Nationstar Mortgage 20, 0.03% 0.13%
Usaa Federal Savings Bank 21, 0.07% 1.18%
Plaza Home Mortgage Inc 22, 0.12% 3.09%
Navy Federal Credit Union 23, 0.14% 0.92%
Movement Mortgage 24, 0.14% 3.41%
Northern Credit Union 25, 0.15% 1.84%
Quicken Loans 26, 0.29% 3.48%
Community Bank 27, 0.34% 17.20%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.33% 2.84%
Adirondack Bank 2, -0.23% 8.31%
OwnersChoice Funding, Inc 3, -0.23% 2.54%
Watertown Savings Bank 4, -0.21% 3.37%
KeyBank National Association 5, -0.18% 7.41%
Empower Federal Credit Union 6, -0.12% 0.60%
NBT Bank 7, -0.09% 0.97%
SEFCU Services 8, -0.07% 0.30%
M&T Bank 9, -0.06% 1.65%
Navy Federal Credit Union 10, -0.03% 0.15%
Premium Mortgage Corporation 11, -0.03% 0.15%
Primelending 12, -0.03% 0.30%
1st Priority Mortgage Inc 13, -0.03% 0.22%
Homestead Funding Corp 14, -0.02% 0.15%
Hunt Mortgage Corporation 15, -0.02% 0.07%
Movement Mortgage 16, -0.01% 0.30%
Northern Credit Union 17, -0.01% 6.66%
Home Point Financial Corporation 18, 0.01% 0.07%
Usaa Federal Savings Bank 19, 0.01% 0.22%
Wells Fargo Bank 20, 0.01% 0.75%
Nationstar Mortgage 21, 0.03% 0.75%
LoanDepot 22, 0.05% 1.27%
Berkshire Bank 23, 0.07% 1.72%
Community Bank 24, 0.08% 12.43%
AmeriCU Credit Union 25, 0.08% 37.80%
Quicken Loans 26, 0.15% 8.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.19% 9.33%
Premium Mortgage Corporation 2, -0.10% 1.98%
Home Point Financial Corporation 3, -0.09% 4.08%
M&T Bank 4, -0.06% 2.45%
Plaza Home Mortgage Inc 5, -0.03% 21.35%
SEFCU Services 6, -0.03% 1.63%
NBT Bank 7, -0.03% 0.93%
KeyBank National Association 8, -0.02% 3.50%
AmeriCU Credit Union 9, -0.02% 7.12%
Homestead Funding Corp 10, -0.02% 7.47%
Navy Federal Credit Union 11, 0.02% 0.12%
Berkshire Bank 12, 0.03% 1.75%
1st Priority Mortgage Inc 13, 0.05% 3.15%
LoanDepot 14, 0.07% 1.40%
Quicken Loans 15, 0.08% 15.52%
Primelending 16, 0.09% 4.32%
Movement Mortgage 17, 0.10% 7.47%
Nationstar Mortgage 18, 0.11% 2.33%
Wells Fargo Bank 19, 0.11% 1.17%
Hunt Mortgage Corporation 20, 0.18% 2.92%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homeowners Advantage 1, -0.19% 10.64%
Premium Mortgage Corporation 2, -0.10% 2.13%
Home Point Financial Corporation 3, -0.09% 4.65%
M&T Bank 4, -0.06% 2.79%
Plaza Home Mortgage Inc 5, -0.03% 23.67%
SEFCU Services 6, -0.03% 1.86%
NBT Bank 7, -0.03% 1.06%
KeyBank National Association 8, -0.02% 3.86%
AmeriCU Credit Union 9, -0.02% 8.11%
Homestead Funding Corp 10, -0.02% 8.38%
Navy Federal Credit Union 11, 0.02% 0.13%
Berkshire Bank 12, 0.03% 1.99%
1st Priority Mortgage Inc 13, 0.05% 3.59%
LoanDepot 14, 0.07% 0.66%
Primelending 15, 0.10% 4.79%
Movement Mortgage 16, 0.10% 8.51%
Nationstar Mortgage 17, 0.11% 0.93%
Wells Fargo Bank 18, 0.12% 1.33%
Hunt Mortgage Corporation 19, 0.18% 3.32%
Quicken Loans 20, 0.22% 7.58%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.02% 72.38%
Premium Mortgage Corporation 2, -0.00% 0.95%
Homestead Funding Corp 3, 0.00% 0.95%
Plaza Home Mortgage Inc 4, 0.01% 4.76%
Primelending 5, 0.01% 0.95%
KeyBank National Association 6, 0.01% 0.95%
LoanDepot 7, 0.06% 6.67%
Nationstar Mortgage 8, 0.11% 12.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
NBT Bank 1, -0.01% 13.33%
M&T Bank 2, -0.01% 13.33%
KeyBank National Association 3, -0.00% 20.00%
Wells Fargo Bank 4, -0.00% 13.33%
Community Bank 5, 0.01% 33.33%
AmeriCU Credit Union 6, 0.01% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
M&T Bank 1, -0.01% 18.18%
NBT Bank 2, -0.01% 9.09%
Wells Fargo Bank 3, -0.00% 9.09%
KeyBank National Association 4, -0.00% 18.18%
Community Bank 5, 0.01% 45.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
NBT Bank 1, -0.02% 25.00%
KeyBank National Association 2, -0.00% 25.00%
Wells Fargo Bank 3, 0.00% 25.00%
AmeriCU Credit Union 4, 0.02% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.22% 9.39%
1st Priority Mortgage Inc 2, -0.05% 5.64%
Homestead Funding Corp 3, -0.03% 19.00%
M&T Bank 4, -0.03% 1.04%
LoanDepot 5, -0.02% 4.38%
NBT Bank 6, 0.01% 0.21%
Premium Mortgage Corporation 7, 0.01% 0.42%
Northern Credit Union 8, 0.02% 0.84%
Hunt Mortgage Corporation 9, 0.02% 1.88%
AmeriCU Credit Union 10, 0.02% 7.31%
KeyBank National Association 11, 0.02% 0.84%
SEFCU Services 12, 0.02% 1.25%
Home Point Financial Corporation 13, 0.02% 0.84%
Wells Fargo Bank 14, 0.03% 1.25%
Quicken Loans 15, 0.04% 10.23%
Usaa Federal Savings Bank 16, 0.05% 13.78%
Nationstar Mortgage 17, 0.05% 1.04%
Movement Mortgage 18, 0.06% 7.52%
Primelending 19, 0.07% 1.25%
Plaza Home Mortgage Inc 20, 0.09% 11.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.23% 10.70%
1st Priority Mortgage Inc 2, -0.05% 6.72%
Homestead Funding Corp 3, -0.03% 22.64%
M&T Bank 4, -0.02% 1.24%
NBT Bank 5, 0.01% 0.25%
Premium Mortgage Corporation 6, 0.01% 0.50%
Northern Credit Union 7, 0.02% 0.75%
KeyBank National Association 8, 0.02% 0.75%
Hunt Mortgage Corporation 9, 0.02% 1.99%
AmeriCU Credit Union 10, 0.02% 8.21%
SEFCU Services 11, 0.02% 1.49%
Home Point Financial Corporation 12, 0.03% 0.75%
Nationstar Mortgage 13, 0.03% 0.25%
Wells Fargo Bank 14, 0.03% 1.24%
LoanDepot 15, 0.03% 0.25%
Usaa Federal Savings Bank 16, 0.05% 14.93%
Movement Mortgage 17, 0.06% 8.71%
Primelending 18, 0.08% 1.49%
Plaza Home Mortgage Inc 19, 0.09% 13.93%
Quicken Loans 20, 0.10% 3.23%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.03% 25.97%
Navy Federal Credit Union 2, 0.00% 2.60%
Quicken Loans 3, 0.01% 46.75%
Home Point Financial Corporation 4, 0.01% 1.30%
Northern Credit Union 5, 0.01% 1.30%
Plaza Home Mortgage Inc 6, 0.01% 1.30%
Hunt Mortgage Corporation 7, 0.01% 1.30%
Usaa Federal Savings Bank 8, 0.02% 7.79%
AmeriCU Credit Union 9, 0.02% 2.60%
Movement Mortgage 10, 0.02% 1.30%
KeyBank National Association 11, 0.02% 1.30%
Wells Fargo Bank 12, 0.03% 1.30%
Nationstar Mortgage 13, 0.05% 5.19%

* Data is compiled for the Utica, NY commuting zone area, which comprises of counties of Herkimer County, NY, Jefferson County, NY, Lewis County, NY, and Oneida County, NY. This includes cities/towns/communities of Utica, NY as well as Rome, NY, Watertown, NY, Chadwicks, NY, Clark Mills, NY, Ilion, NY, Calcium, NY, Clayton, NY, Lowville, NY, Sackets Harbor, NY, Black River, NY, Westmoreland, NY, Sylvan Beach, NY, Adams, NY, Herkimer, NY, Cape Vincent, NY, Old Forge, NY, Rodman, NY, Holland Patent, NY, Camden, NY, Whitesboro, NY, Brownville, NY, West Winfield, NY, Lyons Falls, NY, Carthage, NY, Boonville, NY, Clayville, NY, Harrisville, NY, Theresa, NY, Oriskany Falls, NY, West Carthage, NY, Alexandria Bay, NY, Newport, NY, Little Falls, NY, New York Mills, NY, Clinton, NY, Mannsville, NY, Frankfort, NY, Oriskany, NY, Poland, NY, Henderson, NY, Yorkville, NY, Croghan, NY, Waterville, NY, Mohawk, NY, Remsen, NY, New Hartford, NY, Port Leyden, NY, Dolgeville, NY, and Bridgewater, NY. 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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