Top Mortgage Lenders in the Hickory, NC area

Which mortgage lender in the Hickory, NC 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 Hickory, NC 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 Hickory, NC area is Peoples Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.14%. This means that Peoples Bank provided a -0.14% lower interest rate for its customers than other lenders in Hickory, NC for a similar set of borrowers. Peoples Bank has a market share of 3.0%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 14.5%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.05% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Hickory, NC 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 Hickory, NC is Peoples Bank. 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 Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Quicken Loans. 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
Peoples Bank 1, -0.14% 3.04%
Bank of America 2, -0.08% 1.77%
Navy Federal Credit Union 3, -0.07% 1.13%
Truist Bank 4, -0.07% 7.36%
First Bank 5, -0.07% 0.87%
JPMorgan Chase Bank 6, -0.06% 1.27%
Suntrust Banks, Inc 7, -0.06% 1.30%
Primelending 8, -0.05% 1.13%
DHI Mortgage Company Limited 9, -0.05% 0.78%
Uwharrie Bank 10, -0.05% 1.11%
Renasant Bank 11, -0.04% 0.85%
Local Gov’t Federal C U 12, -0.04% 1.60%
Atlantic Bay Mortgage Group 13, -0.03% 8.87%
ALCOVA Mortgage 14, -0.03% 2.38%
State Employees’ Credit Union 15, -0.02% 9.53%
First-Citizens Bank & Trust Co 16, -0.02% 2.71%
Highlands Residential Mortgage Ltd 17, -0.02% 1.77%
Pennymac Loan Services 18, -0.02% 0.85%
Usaa Federal Savings Bank 19, -0.01% 1.25%
Fifth Third Bank, National Association 20, 0.00% 0.87%
Movement Mortgage 21, 0.01% 6.63%
Wells Fargo Bank 22, 0.01% 5.73%
Carrington Mortgage Services 23, 0.01% 0.80%
First Tennessee Bank National 24, 0.02% 0.87%
Fairway Independent Mort Corp 25, 0.02% 2.93%
Pnc Bank 26, 0.02% 1.20%
Family First Funding 27, 0.02% 0.87%
Certainty Home Loans 28, 0.03% 3.92%
Quicken Loans 29, 0.05% 14.46%
Guaranteed Rate Inc 30, 0.05% 1.49%
LoanDepot 31, 0.06% 2.08%
Homeside Financial 32, 0.10% 2.19%
Summit Funding Inc 33, 0.10% 0.90%
Cardinal Financial Company LP 34, 0.12% 2.27%
Nationstar Mortgage 35, 0.12% 1.09%
Amerifirst Financial Corporation 36, 0.16% 2.10%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.11% 7.31%
JPMorgan Chase Bank 2, -0.09% 1.08%
Bank of America 3, -0.09% 1.84%
Navy Federal Credit Union 4, -0.08% 1.56%
First Bank 5, -0.08% 0.92%
Wells Fargo Bank 6, -0.07% 6.79%
Primelending 7, -0.07% 1.52%
Pnc Bank 8, -0.06% 0.72%
Renasant Bank 9, -0.06% 1.12%
Suntrust Banks, Inc 10, -0.05% 1.44%
Peoples Bank 11, -0.05% 2.08%
DHI Mortgage Company Limited 12, -0.05% 1.32%
Uwharrie Bank 13, -0.05% 1.84%
First-Citizens Bank & Trust Co 14, -0.04% 1.64%
ALCOVA Mortgage 15, -0.03% 3.63%
Atlantic Bay Mortgage Group 16, -0.02% 12.50%
Highlands Residential Mortgage Ltd 17, -0.01% 2.76%
Fifth Third Bank, National Association 18, -0.01% 0.72%
Usaa Federal Savings Bank 19, -0.01% 1.76%
LoanDepot 20, 0.00% 0.52%
Quicken Loans 21, 0.01% 7.11%
Pennymac Loan Services 22, 0.01% 0.24%
Family First Funding 23, 0.02% 1.00%
Local Gov’t Federal C U 24, 0.02% 0.88%
Carrington Mortgage Services 25, 0.02% 0.12%
Fairway Independent Mort Corp 26, 0.03% 3.91%
Movement Mortgage 27, 0.04% 9.03%
First Tennessee Bank National 28, 0.04% 0.96%
Certainty Home Loans 29, 0.04% 5.51%
Nationstar Mortgage 30, 0.05% 0.60%
Guaranteed Rate Inc 31, 0.06% 1.84%
State Employees’ Credit Union 32, 0.07% 5.19%
Homeside Financial 33, 0.10% 2.76%
Summit Funding Inc 34, 0.10% 1.40%
Cardinal Financial Company LP 35, 0.13% 3.31%
Amerifirst Financial Corporation 36, 0.17% 3.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.21% 4.44%
Movement Mortgage 2, -0.08% 3.17%
State Employees’ Credit Union 3, -0.07% 15.80%
Local Gov’t Federal C U 4, -0.07% 2.65%
Atlantic Bay Mortgage Group 5, -0.07% 3.63%
Suntrust Banks, Inc 6, -0.07% 1.10%
Bank of America 7, -0.06% 1.67%
First Bank 8, -0.05% 0.81%
Certainty Home Loans 9, -0.04% 1.61%
Usaa Federal Savings Bank 10, -0.03% 0.52%
JPMorgan Chase Bank 11, -0.03% 1.56%
ALCOVA Mortgage 12, -0.03% 0.58%
Highlands Residential Mortgage Ltd 13, -0.03% 0.35%
Navy Federal Credit Union 14, -0.03% 0.52%
Fairway Independent Mort Corp 15, -0.02% 1.50%
Pennymac Loan Services 16, -0.02% 1.73%
Truist Bank 17, -0.02% 7.44%
First Tennessee Bank National 18, -0.02% 0.75%
First-Citizens Bank & Trust Co 19, -0.01% 4.27%
Renasant Bank 20, 0.00% 0.46%
Uwharrie Bank 21, 0.01% 0.06%
Carrington Mortgage Services 22, 0.01% 1.79%
Fifth Third Bank, National Association 23, 0.01% 1.10%
Family First Funding 24, 0.02% 0.69%
Guaranteed Rate Inc 25, 0.02% 0.98%
Summit Funding Inc 26, 0.03% 0.17%
Primelending 27, 0.03% 0.58%
Cardinal Financial Company LP 28, 0.05% 0.75%
Pnc Bank 29, 0.06% 1.90%
Quicken Loans 30, 0.06% 25.09%
LoanDepot 31, 0.07% 4.33%
Homeside Financial 32, 0.08% 1.38%
Amerifirst Financial Corporation 33, 0.09% 0.63%
Nationstar Mortgage 34, 0.16% 1.79%
Wells Fargo Bank 35, 0.22% 4.21%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.14% 4.24%
Bank of America 2, -0.09% 2.14%
First Bank 3, -0.08% 1.12%
Truist Bank 4, -0.08% 9.40%
Suntrust Banks, Inc 5, -0.07% 1.45%
DHI Mortgage Company Limited 6, -0.07% 0.76%
Uwharrie Bank 7, -0.07% 0.92%
JPMorgan Chase Bank 8, -0.06% 1.78%
Primelending 9, -0.06% 1.32%
Renasant Bank 10, -0.05% 0.99%
Local Gov’t Federal C U 11, -0.04% 2.24%
ALCOVA Mortgage 12, -0.03% 1.84%
First-Citizens Bank & Trust Co 13, -0.03% 3.26%
State Employees’ Credit Union 14, -0.03% 13.29%
Certainty Home Loans 15, -0.02% 2.70%
Highlands Residential Mortgage Ltd 16, -0.02% 1.84%
Atlantic Bay Mortgage Group 17, -0.02% 7.14%
Fairway Independent Mort Corp 18, -0.01% 2.53%
Fifth Third Bank, National Association 19, 0.00% 0.99%
Carrington Mortgage Services 20, 0.01% 0.23%
Movement Mortgage 21, 0.01% 5.82%
Wells Fargo Bank 22, 0.01% 7.40%
Pennymac Loan Services 23, 0.01% 0.16%
First Tennessee Bank National 24, 0.02% 1.18%
Pnc Bank 25, 0.02% 1.51%
Family First Funding 26, 0.03% 0.56%
Usaa Federal Savings Bank 27, 0.03% 0.85%
Navy Federal Credit Union 28, 0.04% 0.53%
Cardinal Financial Company LP 29, 0.06% 1.64%
Guaranteed Rate Inc 30, 0.06% 1.48%
LoanDepot 31, 0.07% 1.15%
Summit Funding Inc 32, 0.12% 0.76%
Quicken Loans 33, 0.12% 12.40%
Homeside Financial 34, 0.14% 1.71%
Amerifirst Financial Corporation 35, 0.17% 2.10%
Nationstar Mortgage 36, 0.20% 0.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.11% 9.69%
Bank of America 2, -0.10% 2.24%
JPMorgan Chase Bank 3, -0.09% 1.59%
First Bank 4, -0.09% 1.24%
Wells Fargo Bank 5, -0.08% 9.21%
Primelending 6, -0.08% 1.83%
Pnc Bank 7, -0.07% 0.89%
DHI Mortgage Company Limited 8, -0.07% 1.36%
Suntrust Banks, Inc 9, -0.07% 1.65%
Uwharrie Bank 10, -0.07% 1.59%
Renasant Bank 11, -0.06% 1.36%
First-Citizens Bank & Trust Co 12, -0.05% 1.83%
Peoples Bank 13, -0.04% 3.07%
ALCOVA Mortgage 14, -0.02% 2.84%
Highlands Residential Mortgage Ltd 15, -0.02% 2.95%
Certainty Home Loans 16, -0.01% 3.66%
Fifth Third Bank, National Association 17, -0.01% 0.71%
Fairway Independent Mort Corp 18, 0.01% 3.37%
Atlantic Bay Mortgage Group 19, 0.01% 10.04%
Pennymac Loan Services 20, 0.01% 0.12%
LoanDepot 21, 0.03% 0.30%
Local Gov’t Federal C U 22, 0.03% 1.30%
Family First Funding 23, 0.04% 0.71%
Usaa Federal Savings Bank 24, 0.04% 1.36%
First Tennessee Bank National 25, 0.04% 1.36%
Movement Mortgage 26, 0.04% 7.97%
Cardinal Financial Company LP 27, 0.06% 2.48%
Navy Federal Credit Union 28, 0.06% 0.71%
Nationstar Mortgage 29, 0.07% 0.24%
Guaranteed Rate Inc 30, 0.07% 1.89%
State Employees’ Credit Union 31, 0.08% 7.68%
Quicken Loans 32, 0.08% 6.20%
Summit Funding Inc 33, 0.14% 1.18%
Homeside Financial 34, 0.16% 2.19%
Amerifirst Financial Corporation 35, 0.19% 3.19%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Peoples Bank 1, -0.21% 5.71%
Atlantic Bay Mortgage Group 2, -0.10% 3.49%
Movement Mortgage 3, -0.10% 3.12%
Suntrust Banks, Inc 4, -0.09% 1.19%
State Employees’ Credit Union 5, -0.08% 20.33%
Bank of America 6, -0.07% 2.00%
Local Gov’t Federal C U 7, -0.07% 3.41%
Certainty Home Loans 8, -0.07% 1.48%
First Bank 9, -0.06% 0.96%
Fairway Independent Mort Corp 10, -0.04% 1.48%
ALCOVA Mortgage 11, -0.04% 0.59%
JPMorgan Chase Bank 12, -0.03% 2.00%
Highlands Residential Mortgage Ltd 13, -0.03% 0.45%
Truist Bank 14, -0.03% 9.05%
First Tennessee Bank National 15, -0.03% 0.96%
First-Citizens Bank & Trust Co 16, -0.02% 5.04%
Usaa Federal Savings Bank 17, -0.00% 0.22%
Navy Federal Credit Union 18, -0.00% 0.30%
Uwharrie Bank 19, 0.00% 0.07%
Renasant Bank 20, 0.00% 0.52%
Carrington Mortgage Services 21, 0.00% 0.52%
Fifth Third Bank, National Association 22, 0.01% 1.34%
Family First Funding 23, 0.01% 0.37%
Pennymac Loan Services 24, 0.01% 0.22%
Summit Funding Inc 25, 0.02% 0.22%
Guaranteed Rate Inc 26, 0.03% 0.96%
Primelending 27, 0.03% 0.67%
Pnc Bank 28, 0.06% 2.30%
Cardinal Financial Company LP 29, 0.06% 0.59%
LoanDepot 30, 0.07% 2.23%
Amerifirst Financial Corporation 31, 0.09% 0.74%
Homeside Financial 32, 0.11% 1.11%
Quicken Loans 33, 0.13% 20.18%
Wells Fargo Bank 34, 0.22% 5.12%
Nationstar Mortgage 35, 0.23% 1.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.12% 21.85%
Atlantic Bay Mortgage Group 2, -0.08% 13.14%
Primelending 3, -0.05% 0.80%
ALCOVA Mortgage 4, -0.04% 4.29%
Bank of America 5, -0.03% 0.94%
Fifth Third Bank, National Association 6, -0.03% 0.54%
Uwharrie Bank 7, -0.02% 1.88%
Truist Bank 8, -0.01% 0.80%
Highlands Residential Mortgage Ltd 9, -0.01% 1.61%
Renasant Bank 10, -0.01% 0.54%
Navy Federal Credit Union 11, -0.00% 0.13%
First-Citizens Bank & Trust Co 12, -0.00% 1.07%
First Bank 13, -0.00% 0.13%
Pennymac Loan Services 14, 0.00% 1.07%
Carrington Mortgage Services 15, 0.01% 2.41%
Family First Funding 16, 0.01% 2.28%
DHI Mortgage Company Limited 17, 0.01% 0.80%
Movement Mortgage 18, 0.02% 9.92%
Suntrust Banks, Inc 19, 0.02% 0.40%
Wells Fargo Bank 20, 0.03% 0.54%
Pnc Bank 21, 0.03% 0.40%
Homeside Financial 22, 0.05% 3.62%
Fairway Independent Mort Corp 23, 0.06% 5.50%
Summit Funding Inc 24, 0.06% 1.47%
Guaranteed Rate Inc 25, 0.07% 1.21%
Nationstar Mortgage 26, 0.09% 2.95%
LoanDepot 27, 0.09% 2.68%
Certainty Home Loans 28, 0.09% 8.85%
Amerifirst Financial Corporation 29, 0.15% 2.68%
Cardinal Financial Company LP 30, 0.21% 5.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.15% 9.23%
Atlantic Bay Mortgage Group 2, -0.10% 16.95%
Primelending 3, -0.07% 0.94%
ALCOVA Mortgage 4, -0.06% 5.84%
Bank of America 5, -0.05% 1.13%
Fifth Third Bank, National Association 6, -0.04% 0.75%
Uwharrie Bank 7, -0.04% 2.64%
First-Citizens Bank & Trust Co 8, -0.03% 0.94%
LoanDepot 9, -0.03% 0.94%
Renasant Bank 10, -0.03% 0.56%
Highlands Residential Mortgage Ltd 11, -0.03% 2.26%
Truist Bank 12, -0.03% 0.56%
Navy Federal Credit Union 13, -0.02% 0.19%
First Bank 14, -0.02% 0.19%
Family First Funding 15, -0.01% 2.26%
DHI Mortgage Company Limited 16, -0.00% 1.13%
Carrington Mortgage Services 17, 0.00% 0.38%
Movement Mortgage 18, 0.00% 13.18%
Suntrust Banks, Inc 19, 0.01% 0.56%
Pennymac Loan Services 20, 0.02% 0.38%
Pnc Bank 21, 0.02% 0.56%
Wells Fargo Bank 22, 0.02% 0.38%
Homeside Financial 23, 0.04% 4.14%
Summit Funding Inc 24, 0.05% 2.07%
Nationstar Mortgage 25, 0.05% 1.51%
Fairway Independent Mort Corp 26, 0.05% 6.59%
Guaranteed Rate Inc 27, 0.06% 1.51%
Certainty Home Loans 28, 0.09% 11.49%
Amerifirst Financial Corporation 29, 0.14% 3.58%
Cardinal Financial Company LP 30, 0.21% 7.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.07% 53.02%
Truist Bank 2, 0.02% 1.40%
Pennymac Loan Services 3, 0.03% 2.79%
Movement Mortgage 4, 0.03% 1.86%
Primelending 5, 0.04% 0.47%
Renasant Bank 6, 0.04% 0.47%
Bank of America 7, 0.04% 0.47%
Certainty Home Loans 8, 0.04% 2.33%
Carrington Mortgage Services 9, 0.04% 7.44%
Atlantic Bay Mortgage Group 10, 0.05% 3.72%
Cardinal Financial Company LP 11, 0.06% 1.40%
Wells Fargo Bank 12, 0.06% 0.93%
ALCOVA Mortgage 13, 0.06% 0.47%
Family First Funding 14, 0.06% 2.33%
Guaranteed Rate Inc 15, 0.06% 0.47%
First-Citizens Bank & Trust Co 16, 0.06% 1.40%
Fairway Independent Mort Corp 17, 0.07% 2.79%
Homeside Financial 18, 0.08% 2.33%
Amerifirst Financial Corporation 19, 0.09% 0.47%
Nationstar Mortgage 20, 0.14% 6.51%
LoanDepot 21, 0.17% 6.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.03% 22.50%
Fifth Third Bank, National Association 2, -0.01% 5.00%
Pnc Bank 3, -0.01% 5.00%
Truist Bank 4, -0.00% 20.00%
Navy Federal Credit Union 5, 0.00% 2.50%
First Bank 6, 0.01% 2.50%
Bank of America 7, 0.01% 5.00%
First-Citizens Bank & Trust Co 8, 0.01% 10.00%
First Tennessee Bank National 9, 0.01% 2.50%
Suntrust Banks, Inc 10, 0.02% 12.50%
Guaranteed Rate Inc 11, 0.02% 2.50%
Quicken Loans 12, 0.02% 5.00%
Movement Mortgage 13, 0.02% 5.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.03% 26.92%
Fifth Third Bank, National Association 2, -0.01% 7.69%
Navy Federal Credit Union 3, 0.00% 3.85%
First-Citizens Bank & Trust Co 4, 0.00% 7.69%
Bank of America 5, 0.01% 3.85%
Truist Bank 6, 0.01% 19.23%
First Tennessee Bank National 7, 0.01% 3.85%
Guaranteed Rate Inc 8, 0.02% 3.85%
Quicken Loans 9, 0.02% 3.85%
Movement Mortgage 10, 0.02% 7.69%
Suntrust Banks, Inc 11, 0.02% 11.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Truist Bank 1, -0.02% 21.43%
Wells Fargo Bank 2, -0.01% 14.29%
Pnc Bank 3, -0.00% 14.29%
Suntrust Banks, Inc 4, 0.01% 14.29%
First Bank 5, 0.01% 7.14%
Bank of America 6, 0.01% 7.14%
First-Citizens Bank & Trust Co 7, 0.01% 14.29%
Quicken Loans 8, 0.02% 7.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.15% 7.30%
Truist Bank 2, -0.06% 2.92%
Usaa Federal Savings Bank 3, -0.05% 6.57%
Pennymac Loan Services 4, -0.03% 5.60%
Renasant Bank 5, -0.03% 0.49%
First Bank 6, -0.01% 0.24%
First-Citizens Bank & Trust Co 7, -0.01% 0.97%
Guaranteed Rate Inc 8, -0.01% 1.95%
DHI Mortgage Company Limited 9, -0.00% 0.97%
Homeside Financial 10, 0.00% 3.41%
Wells Fargo Bank 11, 0.00% 1.22%
Bank of America 12, 0.01% 0.24%
Family First Funding 13, 0.01% 0.73%
Certainty Home Loans 14, 0.01% 4.38%
Fifth Third Bank, National Association 15, 0.01% 0.24%
Primelending 16, 0.02% 0.49%
Movement Mortgage 17, 0.02% 6.81%
Atlantic Bay Mortgage Group 18, 0.02% 14.84%
Suntrust Banks, Inc 19, 0.02% 0.73%
ALCOVA Mortgage 20, 0.02% 3.16%
Nationstar Mortgage 21, 0.02% 1.46%
Uwharrie Bank 22, 0.02% 1.22%
LoanDepot 23, 0.03% 8.03%
Highlands Residential Mortgage Ltd 24, 0.03% 1.70%
Cardinal Financial Company LP 25, 0.03% 1.22%
Quicken Loans 26, 0.03% 17.27%
Carrington Mortgage Services 27, 0.04% 2.19%
Summit Funding Inc 28, 0.05% 0.97%
Fairway Independent Mort Corp 29, 0.06% 1.46%
Amerifirst Financial Corporation 30, 0.08% 1.22%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.16% 9.84%
Truist Bank 2, -0.06% 4.33%
Usaa Federal Savings Bank 3, -0.05% 8.27%
Renasant Bank 4, -0.02% 0.79%
First-Citizens Bank & Trust Co 5, -0.01% 1.18%
First Bank 6, -0.01% 0.39%
DHI Mortgage Company Limited 7, 0.00% 1.57%
Homeside Financial 8, 0.00% 3.94%
Pennymac Loan Services 9, 0.00% 0.79%
Wells Fargo Bank 10, 0.01% 1.97%
Guaranteed Rate Inc 11, 0.01% 1.97%
Nationstar Mortgage 12, 0.01% 1.18%
Bank of America 13, 0.01% 0.39%
LoanDepot 14, 0.02% 1.18%
Certainty Home Loans 15, 0.02% 5.91%
Primelending 16, 0.02% 0.79%
Atlantic Bay Mortgage Group 17, 0.02% 20.87%
Family First Funding 18, 0.03% 0.39%
Uwharrie Bank 19, 0.03% 1.97%
Quicken Loans 20, 0.03% 9.06%
ALCOVA Mortgage 21, 0.03% 4.72%
Suntrust Banks, Inc 22, 0.03% 0.79%
Highlands Residential Mortgage Ltd 23, 0.03% 2.76%
Cardinal Financial Company LP 24, 0.04% 1.18%
Carrington Mortgage Services 25, 0.04% 0.39%
Summit Funding Inc 26, 0.05% 1.57%
Movement Mortgage 27, 0.06% 7.48%
Fairway Independent Mort Corp 28, 0.07% 2.36%
Amerifirst Financial Corporation 29, 0.08% 1.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Movement Mortgage 1, -0.08% 5.73%
Navy Federal Credit Union 2, -0.06% 3.18%
Usaa Federal Savings Bank 3, -0.06% 3.82%
Pennymac Loan Services 4, -0.04% 13.38%
Guaranteed Rate Inc 5, -0.04% 1.91%
ALCOVA Mortgage 6, -0.01% 0.64%
Family First Funding 7, -0.00% 1.27%
Atlantic Bay Mortgage Group 8, -0.00% 5.10%
Suntrust Banks, Inc 9, -0.00% 0.64%
First-Citizens Bank & Trust Co 10, -0.00% 0.64%
Truist Bank 11, 0.00% 0.64%
Homeside Financial 12, 0.00% 2.55%
Fifth Third Bank, National Association 13, 0.00% 0.64%
Certainty Home Loans 14, 0.01% 1.91%
LoanDepot 15, 0.02% 19.11%
Cardinal Financial Company LP 16, 0.02% 1.27%
Carrington Mortgage Services 17, 0.03% 5.10%
Nationstar Mortgage 18, 0.03% 1.91%
Quicken Loans 19, 0.03% 30.57%

* Data is compiled for the Hickory, NC commuting zone area, which comprises of counties of Alexander County, NC, Burke County, NC, Caldwell County, NC, Catawba County, NC, and McDowell County, NC. This includes cities/towns/communities of Hickory, NC as well as Lake Norman of Catawba, NC, Marion, NC, Lenoir, NC, Morganton, NC, Conover, NC, Newton, NC, Maiden, NC, Northlakes, NC, Salem, NC, Valdese, NC, Gamewell, NC, Bethlehem, NC, St. Stephens, NC, Sawmills, NC, Old Fort, NC, Taylorsville, NC, Catawba, NC, Icard, NC, Mountain View, NC, Hildebran, NC, Hudson, NC, Long View, NC, Drexel, NC, Glen Alpine, NC, Stony Point, NC, Granite Falls, NC, Blowing Rock, NC, Cedar Rock, NC, and Claremont, NC. 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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