Top Mortgage Lenders in the Panama City Beach, FL area

Which mortgage lender in the Panama City Beach, FL 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 Panama City Beach, FL 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 Panama City Beach, FL area is Trustmark National Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.19%. This means that Trustmark National Bank provided a -0.19% lower interest rate for its customers than other lenders in Panama City Beach, FL for a similar set of borrowers. Trustmark National Bank has a market share of 12.0%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Panama City Beach, FL 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 Panama City Beach, FL is Tyndall 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 Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Trustmark National Bank. 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
Trustmark National Bank 1, -0.19% 11.98%
Tyndall Federal Credit Union 2, -0.17% 8.88%
SmartBank 3, -0.05% 2.12%
Wells Fargo Bank 4, -0.05% 2.57%
Fairway Independent Mort Corp 5, -0.04% 2.12%
Inlanta Mortgage 6, -0.04% 0.95%
Navy Federal Credit Union 7, -0.04% 3.95%
Pennymac Loan Services 8, -0.03% 0.95%
Capital City Bank 9, -0.02% 0.93%
Truist Bank 10, -0.02% 1.01%
Movement Mortgage 11, -0.02% 1.01%
Centennial Bank 12, -0.01% 3.50%
New American Funding 13, -0.01% 1.27%
DHI Mortgage Company Limited 14, -0.01% 8.93%
Magnolia Bank Incorporated 15, -0.00% 1.30%
Ameris Bank 16, 0.01% 1.06%
Usaa Federal Savings Bank 17, 0.02% 3.39%
HomeBridge Financial Services, Inc 18, 0.04% 0.87%
Renasant Bank 19, 0.05% 3.79%
Regions Bank 20, 0.06% 7.42%
Supreme Lending/ Everett Financial Inc 21, 0.07% 0.87%
First Federal Bank 22, 0.07% 3.07%
LoanDepot 23, 0.08% 2.99%
Nationstar Mortgage 24, 0.08% 0.93%
Bank of England 25, 0.09% 2.44%
Quicken Loans 26, 0.10% 9.35%
HomeStar Financial Corporation 27, 0.11% 0.87%
Caliber Home Loans Inc 28, 0.14% 9.19%
Waterstone Mortgage Corp 29, 0.18% 1.11%
The First A National Banking Association 30, 0.31% 1.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.20% 13.37%
Tyndall Federal Credit Union 2, -0.17% 7.08%
Wells Fargo Bank 3, -0.07% 2.45%
SmartBank 4, -0.05% 2.45%
Fairway Independent Mort Corp 5, -0.05% 2.09%
Capital City Bank 6, -0.04% 0.79%
Truist Bank 7, -0.04% 0.96%
Inlanta Mortgage 8, -0.04% 1.16%
Navy Federal Credit Union 9, -0.04% 4.63%
Movement Mortgage 10, -0.02% 1.19%
Magnolia Bank Incorporated 11, -0.01% 0.66%
Centennial Bank 12, -0.01% 3.77%
DHI Mortgage Company Limited 13, -0.01% 11.16%
New American Funding 14, -0.00% 1.36%
Regions Bank 15, 0.01% 6.65%
Pennymac Loan Services 16, 0.02% 0.43%
Ameris Bank 17, 0.02% 1.06%
Usaa Federal Savings Bank 18, 0.03% 3.67%
HomeBridge Financial Services, Inc 19, 0.05% 0.86%
Renasant Bank 20, 0.06% 4.01%
Supreme Lending/ Everett Financial Inc 21, 0.07% 1.06%
Nationstar Mortgage 22, 0.09% 0.56%
First Federal Bank 23, 0.10% 2.98%
Quicken Loans 24, 0.10% 5.89%
Bank of England 25, 0.10% 2.95%
LoanDepot 26, 0.10% 2.78%
HomeStar Financial Corporation 27, 0.12% 1.03%
Caliber Home Loans Inc 28, 0.17% 10.20%
Waterstone Mortgage Corp 29, 0.19% 1.36%
The First A National Banking Association 30, 0.33% 1.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tyndall Federal Credit Union 1, -0.18% 16.07%
Pennymac Loan Services 2, -0.08% 3.05%
New American Funding 3, -0.06% 0.93%
SmartBank 4, -0.05% 0.80%
Trustmark National Bank 5, -0.04% 6.37%
Navy Federal Credit Union 6, -0.04% 1.20%
Centennial Bank 7, -0.04% 2.39%
Ameris Bank 8, -0.04% 1.06%
Fairway Independent Mort Corp 9, -0.03% 2.26%
First Federal Bank 10, -0.03% 3.45%
Caliber Home Loans Inc 11, -0.02% 5.18%
Magnolia Bank Incorporated 12, -0.02% 3.85%
Usaa Federal Savings Bank 13, -0.02% 2.26%
Waterstone Mortgage Corp 14, -0.02% 0.13%
Movement Mortgage 15, -0.01% 0.27%
LoanDepot 16, -0.01% 3.85%
Renasant Bank 17, -0.01% 2.92%
HomeStar Financial Corporation 18, -0.01% 0.27%
The First A National Banking Association 19, -0.01% 0.27%
Inlanta Mortgage 20, -0.01% 0.13%
HomeBridge Financial Services, Inc 21, -0.00% 0.93%
Capital City Bank 22, -0.00% 1.46%
Bank of England 23, 0.00% 0.40%
Wells Fargo Bank 24, 0.01% 3.05%
Truist Bank 25, 0.02% 1.20%
Supreme Lending/ Everett Financial Inc 26, 0.03% 0.13%
Nationstar Mortgage 27, 0.05% 2.39%
Quicken Loans 28, 0.09% 23.24%
Regions Bank 29, 0.19% 10.49%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tyndall Federal Credit Union 1, -0.22% 12.63%
DHI Mortgage Company Limited 2, -0.16% 4.15%
Trustmark National Bank 3, -0.12% 11.10%
Wells Fargo Bank 4, -0.09% 3.68%
Fairway Independent Mort Corp 5, -0.08% 2.24%
Inlanta Mortgage 6, -0.07% 1.49%
New American Funding 7, -0.07% 1.12%
SmartBank 8, -0.07% 1.72%
Movement Mortgage 9, -0.06% 1.17%
Centennial Bank 10, -0.06% 3.31%
Truist Bank 11, -0.05% 1.31%
Capital City Bank 12, -0.04% 1.54%
Magnolia Bank Incorporated 13, -0.03% 1.45%
Usaa Federal Savings Bank 14, -0.02% 1.17%
Pennymac Loan Services 15, -0.01% 0.42%
Ameris Bank 16, -0.00% 1.26%
HomeStar Financial Corporation 17, 0.01% 0.42%
LoanDepot 18, 0.01% 2.33%
First Federal Bank 19, 0.02% 2.05%
Renasant Bank 20, 0.04% 6.29%
HomeBridge Financial Services, Inc 21, 0.04% 0.65%
Nationstar Mortgage 22, 0.05% 0.42%
Navy Federal Credit Union 23, 0.06% 3.50%
Bank of England 24, 0.07% 2.24%
Regions Bank 25, 0.09% 9.28%
Supreme Lending/ Everett Financial Inc 26, 0.10% 0.89%
Quicken Loans 27, 0.11% 11.05%
Waterstone Mortgage Corp 28, 0.25% 1.21%
Caliber Home Loans Inc 29, 0.28% 8.30%
The First A National Banking Association 30, 0.37% 1.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tyndall Federal Credit Union 1, -0.24% 9.73%
DHI Mortgage Company Limited 2, -0.16% 5.55%
Trustmark National Bank 3, -0.13% 13.04%
Wells Fargo Bank 4, -0.12% 3.62%
Fairway Independent Mort Corp 5, -0.09% 2.31%
Truist Bank 6, -0.08% 1.31%
SmartBank 7, -0.07% 1.93%
Capital City Bank 8, -0.06% 1.37%
Movement Mortgage 9, -0.06% 1.43%
Inlanta Mortgage 10, -0.06% 1.93%
New American Funding 11, -0.06% 1.19%
Centennial Bank 12, -0.06% 3.49%
Magnolia Bank Incorporated 13, -0.01% 0.62%
Usaa Federal Savings Bank 14, -0.01% 1.37%
Pennymac Loan Services 15, -0.01% 0.44%
HomeStar Financial Corporation 16, 0.01% 0.44%
LoanDepot 17, 0.01% 2.06%
Ameris Bank 18, 0.01% 1.31%
Regions Bank 19, 0.02% 7.80%
Nationstar Mortgage 20, 0.02% 0.12%
Renasant Bank 21, 0.05% 7.05%
HomeBridge Financial Services, Inc 22, 0.05% 0.81%
First Federal Bank 23, 0.06% 1.56%
Navy Federal Credit Union 24, 0.07% 4.43%
Bank of England 25, 0.08% 2.87%
Quicken Loans 26, 0.09% 7.36%
Supreme Lending/ Everett Financial Inc 27, 0.11% 1.12%
Waterstone Mortgage Corp 28, 0.26% 1.56%
Caliber Home Loans Inc 29, 0.31% 10.11%
The First A National Banking Association 30, 0.39% 2.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tyndall Federal Credit Union 1, -0.20% 21.22%
New American Funding 2, -0.08% 0.92%
Ameris Bank 3, -0.05% 1.11%
SmartBank 4, -0.05% 1.11%
Centennial Bank 5, -0.05% 2.77%
Magnolia Bank Incorporated 6, -0.05% 3.87%
Fairway Independent Mort Corp 7, -0.04% 2.03%
First Federal Bank 8, -0.03% 3.51%
Navy Federal Credit Union 9, -0.03% 0.74%
Trustmark National Bank 10, -0.03% 5.35%
Usaa Federal Savings Bank 11, -0.02% 0.55%
Waterstone Mortgage Corp 12, -0.02% 0.18%
Movement Mortgage 13, -0.01% 0.37%
Renasant Bank 14, -0.01% 4.06%
HomeStar Financial Corporation 15, -0.01% 0.37%
The First A National Banking Association 16, -0.01% 0.37%
Inlanta Mortgage 17, -0.01% 0.18%
Capital City Bank 18, -0.01% 2.03%
Bank of England 19, -0.01% 0.37%
Pennymac Loan Services 20, -0.00% 0.37%
HomeBridge Financial Services, Inc 21, -0.00% 0.18%
LoanDepot 22, 0.00% 3.14%
Wells Fargo Bank 23, 0.01% 3.87%
Caliber Home Loans Inc 24, 0.01% 2.95%
Truist Bank 25, 0.02% 1.29%
Supreme Lending/ Everett Financial Inc 26, 0.03% 0.18%
Nationstar Mortgage 27, 0.04% 1.29%
Quicken Loans 28, 0.11% 21.96%
Regions Bank 29, 0.19% 13.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.32% 18.71%
SmartBank 2, -0.07% 2.69%
Fairway Independent Mort Corp 3, -0.06% 1.75%
Regions Bank 4, -0.04% 6.73%
Caliber Home Loans Inc 5, -0.02% 11.57%
Magnolia Bank Incorporated 6, -0.00% 1.08%
Tyndall Federal Credit Union 7, 0.00% 4.17%
Supreme Lending/ Everett Financial Inc 8, 0.04% 0.54%
Ameris Bank 9, 0.04% 1.08%
Capital City Bank 10, 0.06% 0.13%
Quicken Loans 11, 0.07% 9.02%
Navy Federal Credit Union 12, 0.07% 0.13%
Movement Mortgage 13, 0.07% 1.21%
Waterstone Mortgage Corp 14, 0.07% 0.94%
New American Funding 15, 0.07% 1.75%
Centennial Bank 16, 0.07% 5.79%
HomeBridge Financial Services, Inc 17, 0.07% 0.40%
Renasant Bank 18, 0.07% 0.94%
Pennymac Loan Services 19, 0.07% 0.67%
The First A National Banking Association 20, 0.08% 0.54%
Inlanta Mortgage 21, 0.08% 0.27%
Wells Fargo Bank 22, 0.10% 0.27%
Nationstar Mortgage 23, 0.14% 2.42%
First Federal Bank 24, 0.14% 7.13%
Bank of England 25, 0.15% 4.04%
HomeStar Financial Corporation 26, 0.19% 2.15%
DHI Mortgage Company Limited 27, 0.20% 8.48%
LoanDepot 28, 0.20% 5.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.32% 19.57%
SmartBank 2, -0.07% 2.90%
Fairway Independent Mort Corp 3, -0.06% 1.88%
Regions Bank 4, -0.04% 7.10%
Caliber Home Loans Inc 5, -0.02% 11.45%
Magnolia Bank Incorporated 6, -0.01% 1.01%
Tyndall Federal Credit Union 7, 0.01% 4.35%
Ameris Bank 8, 0.04% 0.87%
Supreme Lending/ Everett Financial Inc 9, 0.04% 0.58%
Capital City Bank 10, 0.07% 0.14%
Navy Federal Credit Union 11, 0.07% 0.14%
Movement Mortgage 12, 0.07% 1.30%
Waterstone Mortgage Corp 13, 0.07% 1.01%
New American Funding 14, 0.07% 1.74%
Centennial Bank 15, 0.07% 6.23%
HomeBridge Financial Services, Inc 16, 0.07% 0.43%
Renasant Bank 17, 0.08% 1.01%
Pennymac Loan Services 18, 0.08% 0.43%
Quicken Loans 19, 0.08% 6.09%
The First A National Banking Association 20, 0.08% 0.58%
Inlanta Mortgage 21, 0.08% 0.29%
Wells Fargo Bank 22, 0.11% 0.29%
Nationstar Mortgage 23, 0.15% 1.74%
First Federal Bank 24, 0.15% 7.68%
Bank of England 25, 0.16% 4.35%
HomeStar Financial Corporation 26, 0.19% 2.32%
DHI Mortgage Company Limited 27, 0.20% 9.13%
LoanDepot 28, 0.22% 5.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.04% 7.55%
Quicken Loans 2, -0.01% 47.17%
Caliber Home Loans Inc 3, -0.00% 13.21%
LoanDepot 4, -0.00% 5.66%
New American Funding 5, 0.01% 1.89%
Ameris Bank 6, 0.01% 3.77%
Magnolia Bank Incorporated 7, 0.01% 1.89%
Pennymac Loan Services 8, 0.01% 3.77%
Tyndall Federal Credit Union 9, 0.01% 1.89%
Regions Bank 10, 0.03% 1.89%
Nationstar Mortgage 11, 0.07% 11.32%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.03% 23.53%
Regions Bank 2, -0.01% 26.47%
HomeBridge Financial Services, Inc 3, -0.00% 2.94%
Navy Federal Credit Union 4, 0.00% 2.94%
Truist Bank 5, 0.00% 11.76%
Centennial Bank 6, 0.00% 8.82%
Trustmark National Bank 7, 0.01% 8.82%
Caliber Home Loans Inc 8, 0.07% 14.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.04% 28.00%
Regions Bank 2, -0.02% 20.00%
HomeBridge Financial Services, Inc 3, -0.00% 4.00%
Truist Bank 4, 0.00% 8.00%
Navy Federal Credit Union 5, 0.00% 4.00%
Centennial Bank 6, 0.00% 8.00%
Trustmark National Bank 7, 0.02% 8.00%
Caliber Home Loans Inc 8, 0.07% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.00% 44.44%
Truist Bank 2, -0.00% 22.22%
Wells Fargo Bank 3, 0.00% 11.11%
Centennial Bank 4, 0.00% 11.11%
Trustmark National Bank 5, 0.01% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.16% 8.45%
Trustmark National Bank 2, -0.12% 8.45%
Pennymac Loan Services 3, -0.05% 2.58%
Centennial Bank 4, -0.01% 1.76%
SmartBank 5, -0.01% 2.70%
DHI Mortgage Company Limited 6, -0.00% 21.71%
Tyndall Federal Credit Union 7, 0.01% 3.87%
Supreme Lending/ Everett Financial Inc 8, 0.01% 1.17%
Truist Bank 9, 0.02% 0.70%
Inlanta Mortgage 10, 0.02% 0.23%
HomeBridge Financial Services, Inc 11, 0.02% 1.76%
New American Funding 12, 0.02% 1.29%
Renasant Bank 13, 0.03% 0.12%
Ameris Bank 14, 0.03% 0.59%
Usaa Federal Savings Bank 15, 0.03% 12.09%
Caliber Home Loans Inc 16, 0.03% 9.15%
Capital City Bank 17, 0.04% 0.12%
LoanDepot 18, 0.05% 2.70%
Fairway Independent Mort Corp 19, 0.05% 2.23%
Bank of England 20, 0.05% 1.64%
The First A National Banking Association 21, 0.05% 0.59%
First Federal Bank 22, 0.06% 2.23%
Movement Mortgage 23, 0.06% 0.47%
Waterstone Mortgage Corp 24, 0.06% 1.06%
Magnolia Bank Incorporated 25, 0.07% 1.17%
Nationstar Mortgage 26, 0.07% 0.94%
Wells Fargo Bank 27, 0.07% 0.94%
Regions Bank 28, 0.07% 2.58%
HomeStar Financial Corporation 29, 0.12% 0.94%
Quicken Loans 30, 0.12% 5.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.17% 9.53%
Trustmark National Bank 2, -0.13% 8.25%
Centennial Bank 3, -0.02% 1.85%
SmartBank 4, -0.00% 3.27%
DHI Mortgage Company Limited 5, 0.00% 26.32%
Supreme Lending/ Everett Financial Inc 6, 0.02% 1.42%
Tyndall Federal Credit Union 7, 0.02% 3.98%
Pennymac Loan Services 8, 0.02% 0.43%
Truist Bank 9, 0.02% 0.85%
Inlanta Mortgage 10, 0.02% 0.28%
HomeBridge Financial Services, Inc 11, 0.02% 1.28%
New American Funding 12, 0.03% 1.42%
Renasant Bank 13, 0.03% 0.14%
Ameris Bank 14, 0.03% 0.71%
Usaa Federal Savings Bank 15, 0.03% 12.66%
Capital City Bank 16, 0.04% 0.14%
Magnolia Bank Incorporated 17, 0.04% 0.43%
Bank of England 18, 0.05% 1.85%
Caliber Home Loans Inc 19, 0.05% 8.82%
The First A National Banking Association 20, 0.06% 0.71%
Movement Mortgage 21, 0.06% 0.57%
Waterstone Mortgage Corp 22, 0.06% 1.28%
Fairway Independent Mort Corp 23, 0.07% 1.85%
Nationstar Mortgage 24, 0.07% 0.43%
Regions Bank 25, 0.07% 3.13%
Wells Fargo Bank 26, 0.08% 1.00%
LoanDepot 27, 0.08% 1.99%
First Federal Bank 28, 0.09% 1.71%
HomeStar Financial Corporation 29, 0.12% 1.14%
Quicken Loans 30, 0.15% 2.56%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pennymac Loan Services 1, -0.07% 12.75%
Trustmark National Bank 2, -0.06% 9.40%
Caliber Home Loans Inc 3, -0.05% 10.74%
Navy Federal Credit Union 4, -0.04% 3.36%
LoanDepot 5, -0.01% 6.04%
Tyndall Federal Credit Union 6, -0.01% 3.36%
First Federal Bank 7, -0.01% 4.70%
Fairway Independent Mort Corp 8, -0.01% 4.03%
Usaa Federal Savings Bank 9, -0.00% 9.40%
New American Funding 10, 0.01% 0.67%
Centennial Bank 11, 0.01% 1.34%
HomeBridge Financial Services, Inc 12, 0.01% 4.03%
Bank of England 13, 0.02% 0.67%
Wells Fargo Bank 14, 0.03% 0.67%
Nationstar Mortgage 15, 0.05% 3.36%
Magnolia Bank Incorporated 16, 0.06% 4.70%
Quicken Loans 17, 0.09% 20.81%

* Data is compiled for the Panama City Beach, FL commuting zone area, which comprises of counties of Bay County, FL, Gulf County, FL, Holmes County, FL, Jackson County, FL, and Washington County, FL. This includes cities/towns/communities of Panama City Beach, FL as well as Panama City, FL, Lynn Haven, FL, Upper Grand Lagoon, FL, Callaway, FL, Port St. Joe, FL, Lower Grand Lagoon, FL, Marianna, FL, Parker, FL, Wewahitchka, FL, Pretty Bayou, FL, Vernon, FL, Chipley, FL, Bonifay, FL, Alford, FL, Springfield, FL, Cedar Grove, FL, Wausau, FL, Grand Ridge, FL, Ponce de Leon, FL, Greenwood, FL, Graceville, FL, Sneads, FL, Esto, FL, Cottondale, FL, Caryville, FL, Mexico Beach, FL, Malone, FL, and Jacob City, FL. 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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