Top Mortgage Lenders in the Mansfield, OH area

Which mortgage lender in the Mansfield, OH 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 Mansfield, OH 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 Mansfield, OH area is First Federal Bank of the Midwest, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.17%. This means that First Federal Bank of the Midwest provided a -0.17% lower interest rate for its customers than other lenders in Mansfield, OH for a similar set of borrowers. First Federal Bank of the Midwest has a market share of 3.4%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 13.5%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.07% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Mansfield, OH 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 Mansfield, OH is First Federal Bank of the Midwest. 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 Mechanics Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Huntington National Bank. The cheapest VA mortgage provider is The Park National Bank. 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
First Federal Bank of the Midwest 1, -0.17% 3.43%
Huntington National Bank 2, -0.15% 9.01%
The Park National Bank 3, -0.14% 12.51%
Mechanics Bank 4, -0.12% 8.65%
Civista Bank 5, -0.06% 1.14%
Equity Resources Inc 6, -0.04% 2.25%
JPMorgan Chase Bank 7, -0.03% 5.93%
Fifth Third Bank, National Association 8, -0.03% 1.75%
Freedom Mortgage Corporation 9, -0.03% 2.04%
Pnc Bank 10, -0.01% 3.00%
Flagstar Bank 11, -0.01% 1.32%
Us Bank 12, 0.01% 2.61%
United Federal Credit Union 13, 0.02% 1.47%
Home Savings Bank 14, 0.03% 1.18%
Wells Fargo Bank 15, 0.03% 1.86%
Gateway First Bank 16, 0.07% 3.11%
Quicken Loans 17, 0.07% 13.51%
LoanDepot 18, 0.09% 5.58%
RPM Mortgage 19, 0.10% 3.18%
Fairway Independent Mort Corp 20, 0.12% 4.47%
Union Home Mortgage Company 21, 0.21% 12.01%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.22% 8.47%
First Federal Bank of the Midwest 2, -0.16% 3.33%
The Park National Bank 3, -0.14% 10.89%
JPMorgan Chase Bank 4, -0.11% 4.91%
Mechanics Bank 5, -0.09% 9.20%
Civista Bank 6, -0.09% 1.47%
Freedom Mortgage Corporation 7, -0.08% 2.20%
Flagstar Bank 8, -0.05% 1.47%
Equity Resources Inc 9, -0.05% 2.54%
Fifth Third Bank, National Association 10, -0.04% 0.96%
Us Bank 11, -0.04% 1.92%
Pnc Bank 12, -0.04% 1.75%
United Federal Credit Union 13, -0.01% 1.69%
Wells Fargo Bank 14, 0.02% 1.75%
Home Savings Bank 15, 0.03% 0.85%
Quicken Loans 16, 0.03% 7.79%
Gateway First Bank 17, 0.05% 4.57%
RPM Mortgage 18, 0.08% 4.85%
LoanDepot 19, 0.08% 6.15%
Fairway Independent Mort Corp 20, 0.11% 6.32%
Union Home Mortgage Company 21, 0.23% 16.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mechanics Bank 1, -0.18% 7.70%
First Federal Bank of the Midwest 2, -0.17% 3.61%
The Park National Bank 3, -0.13% 15.30%
Huntington National Bank 4, -0.05% 9.94%
Equity Resources Inc 5, -0.01% 1.75%
Civista Bank 6, -0.01% 0.58%
Fifth Third Bank, National Association 7, -0.01% 3.12%
Union Home Mortgage Company 8, 0.00% 3.51%
Pnc Bank 9, 0.03% 5.17%
Home Savings Bank 10, 0.04% 1.75%
Wells Fargo Bank 11, 0.04% 2.05%
RPM Mortgage 12, 0.04% 0.29%
Fairway Independent Mort Corp 13, 0.05% 1.27%
JPMorgan Chase Bank 14, 0.06% 7.70%
Us Bank 15, 0.07% 3.80%
United Federal Credit Union 16, 0.07% 1.07%
Flagstar Bank 17, 0.08% 1.07%
LoanDepot 18, 0.08% 4.58%
Freedom Mortgage Corporation 19, 0.09% 1.75%
Gateway First Bank 20, 0.09% 0.58%
Quicken Loans 21, 0.11% 23.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.15% 4.75%
The Park National Bank 2, -0.13% 16.98%
Mechanics Bank 3, -0.11% 12.13%
Huntington National Bank 4, -0.08% 9.10%
Civista Bank 5, -0.06% 1.47%
JPMorgan Chase Bank 6, -0.02% 8.24%
Fifth Third Bank, National Association 7, -0.02% 2.27%
Equity Resources Inc 8, -0.01% 1.62%
Pnc Bank 9, 0.01% 3.99%
Us Bank 10, 0.03% 3.39%
United Federal Credit Union 11, 0.04% 2.02%
Freedom Mortgage Corporation 12, 0.04% 0.35%
LoanDepot 13, 0.05% 2.83%
Home Savings Bank 14, 0.05% 1.47%
Wells Fargo Bank 15, 0.05% 2.37%
RPM Mortgage 16, 0.06% 1.21%
Flagstar Bank 17, 0.07% 0.91%
Gateway First Bank 18, 0.09% 2.17%
Fairway Independent Mort Corp 19, 0.17% 3.69%
Quicken Loans 20, 0.19% 8.94%
Union Home Mortgage Company 21, 0.21% 10.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.15% 4.95%
The Park National Bank 2, -0.13% 15.54%
Huntington National Bank 3, -0.11% 7.81%
JPMorgan Chase Bank 4, -0.09% 7.38%
Civista Bank 5, -0.08% 2.00%
Mechanics Bank 6, -0.07% 14.06%
Fifth Third Bank, National Association 7, -0.03% 1.13%
Us Bank 8, -0.03% 2.43%
LoanDepot 9, -0.02% 2.69%
Pnc Bank 10, -0.02% 2.43%
Equity Resources Inc 11, -0.01% 1.74%
United Federal Credit Union 12, 0.01% 2.52%
Freedom Mortgage Corporation 13, 0.03% 0.35%
Flagstar Bank 14, 0.04% 0.95%
RPM Mortgage 15, 0.05% 2.00%
Wells Fargo Bank 16, 0.05% 2.34%
Home Savings Bank 17, 0.06% 1.04%
Gateway First Bank 18, 0.08% 3.30%
Quicken Loans 19, 0.14% 5.30%
Fairway Independent Mort Corp 20, 0.17% 5.56%
Union Home Mortgage Company 21, 0.24% 14.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mechanics Bank 1, -0.18% 9.43%
First Federal Bank of the Midwest 2, -0.16% 4.47%
The Park National Bank 3, -0.13% 18.98%
Huntington National Bank 4, -0.05% 10.88%
Equity Resources Inc 5, -0.01% 1.45%
Civista Bank 6, -0.00% 0.73%
Fifth Third Bank, National Association 7, -0.00% 3.87%
Union Home Mortgage Company 8, 0.00% 3.99%
Pnc Bank 9, 0.03% 6.17%
Home Savings Bank 10, 0.05% 2.06%
Wells Fargo Bank 11, 0.05% 2.42%
Freedom Mortgage Corporation 12, 0.06% 0.36%
Fairway Independent Mort Corp 13, 0.06% 1.09%
RPM Mortgage 14, 0.06% 0.12%
JPMorgan Chase Bank 15, 0.07% 9.43%
Us Bank 16, 0.07% 4.72%
United Federal Credit Union 17, 0.08% 1.33%
Flagstar Bank 18, 0.11% 0.85%
Gateway First Bank 19, 0.11% 0.60%
LoanDepot 20, 0.13% 3.02%
Quicken Loans 21, 0.23% 14.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.36% 10.44%
Flagstar Bank 2, -0.13% 2.28%
Equity Resources Inc 3, -0.09% 4.08%
Freedom Mortgage Corporation 4, -0.08% 6.53%
First Federal Bank of the Midwest 5, -0.07% 0.33%
Quicken Loans 6, -0.07% 23.16%
Pnc Bank 7, -0.05% 0.65%
Civista Bank 8, -0.04% 0.16%
Home Savings Bank 9, -0.04% 0.49%
Fifth Third Bank, National Association 10, -0.03% 0.33%
Us Bank 11, -0.03% 0.65%
Wells Fargo Bank 12, -0.02% 0.33%
JPMorgan Chase Bank 13, -0.01% 0.16%
The Park National Bank 14, 0.04% 1.63%
Gateway First Bank 15, 0.04% 5.38%
Fairway Independent Mort Corp 16, 0.05% 5.87%
RPM Mortgage 17, 0.09% 9.30%
LoanDepot 18, 0.15% 11.26%
Union Home Mortgage Company 19, 0.20% 16.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.44% 10.72%
Flagstar Bank 2, -0.15% 2.68%
Freedom Mortgage Corporation 3, -0.15% 5.77%
Equity Resources Inc 4, -0.10% 4.54%
Quicken Loans 5, -0.08% 12.37%
First Federal Bank of the Midwest 6, -0.08% 0.41%
Pnc Bank 7, -0.06% 0.41%
Civista Bank 8, -0.06% 0.21%
Home Savings Bank 9, -0.05% 0.41%
Fifth Third Bank, National Association 10, -0.04% 0.41%
Wells Fargo Bank 11, -0.04% 0.21%
Us Bank 12, -0.04% 0.82%
The Park National Bank 13, 0.03% 2.06%
Gateway First Bank 14, 0.03% 6.80%
Fairway Independent Mort Corp 15, 0.04% 7.01%
RPM Mortgage 16, 0.08% 11.34%
LoanDepot 17, 0.15% 12.78%
Union Home Mortgage Company 18, 0.20% 21.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.03% 9.38%
Equity Resources Inc 2, -0.03% 2.34%
Quicken Loans 3, -0.02% 64.06%
Pnc Bank 4, -0.01% 1.56%
Home Savings Bank 5, 0.02% 0.78%
RPM Mortgage 6, 0.02% 1.56%
Wells Fargo Bank 7, 0.03% 0.78%
Fairway Independent Mort Corp 8, 0.03% 1.56%
JPMorgan Chase Bank 9, 0.04% 0.78%
Flagstar Bank 10, 0.04% 0.78%
Union Home Mortgage Company 11, 0.05% 1.56%
Freedom Mortgage Corporation 12, 0.08% 9.38%
LoanDepot 13, 0.09% 5.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mechanics Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mechanics Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Mechanics Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Park National Bank 1, -0.10% 1.96%
LoanDepot 2, -0.07% 15.20%
Equity Resources Inc 3, -0.06% 2.94%
Home Savings Bank 4, -0.05% 0.49%
JPMorgan Chase Bank 5, -0.05% 0.98%
Pnc Bank 6, -0.05% 0.49%
Us Bank 7, -0.05% 0.98%
Civista Bank 8, -0.05% 0.98%
Fifth Third Bank, National Association 9, -0.05% 0.98%
Wells Fargo Bank 10, -0.05% 1.47%
Huntington National Bank 11, -0.04% 3.92%
United Federal Credit Union 12, -0.04% 0.49%
Quicken Loans 13, -0.04% 28.92%
Gateway First Bank 14, -0.03% 5.39%
Flagstar Bank 15, -0.03% 2.45%
Fairway Independent Mort Corp 16, -0.02% 7.84%
Freedom Mortgage Corporation 17, -0.01% 4.90%
RPM Mortgage 18, 0.00% 3.92%
Union Home Mortgage Company 19, 0.21% 15.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Park National Bank 1, -0.12% 2.99%
LoanDepot 2, -0.08% 11.94%
Home Savings Bank 3, -0.08% 0.75%
JPMorgan Chase Bank 4, -0.07% 1.49%
Pnc Bank 5, -0.07% 0.75%
Us Bank 6, -0.07% 1.49%
Civista Bank 7, -0.07% 1.49%
Fifth Third Bank, National Association 8, -0.07% 1.49%
Wells Fargo Bank 9, -0.07% 2.24%
Huntington National Bank 10, -0.07% 5.97%
Equity Resources Inc 11, -0.07% 2.24%
United Federal Credit Union 12, -0.06% 0.75%
Gateway First Bank 13, -0.06% 7.46%
Flagstar Bank 14, -0.06% 1.49%
Freedom Mortgage Corporation 15, -0.05% 5.22%
Quicken Loans 16, -0.05% 12.69%
Fairway Independent Mort Corp 17, -0.04% 10.45%
RPM Mortgage 18, -0.02% 5.97%
Union Home Mortgage Company 19, 0.20% 23.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.02% 21.43%
Equity Resources Inc 2, -0.02% 4.29%
Quicken Loans 3, 0.00% 60.00%
Gateway First Bank 4, 0.00% 1.43%
Union Home Mortgage Company 5, 0.01% 1.43%
Fairway Independent Mort Corp 6, 0.02% 2.86%
Flagstar Bank 7, 0.02% 4.29%
Freedom Mortgage Corporation 8, 0.06% 4.29%

* Data is compiled for the Mansfield, OH commuting zone area, which comprises of counties of Ashland County, OH, Crawford County, OH, Marion County, OH, Morrow County, OH, and Richland County, OH. This includes cities/towns/communities of Mansfield, OH as well as Marion, OH, Ashland, OH, Ontario, OH, Shelby, OH, Lexington, OH, Cinnamon Lake, OH, Marengo, OH, Galion, OH, Mount Gilead, OH, Prospect, OH, Lucas, OH, Chesterville, OH, Bucyrus, OH, Morral, OH, Caledonia, OH, Cardington, OH, Bellville, OH, Candlewood Lake, OH, Perrysville, OH, Jeromesville, OH, Savannah, OH, Butler, OH, Loudonville, OH, Iberia, OH, Crestline, OH, La Rue, OH, North Robinson, OH, Oceola, OH, New Washington, OH, and Plymouth, OH. 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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