Top Mortgage Lenders in Altoona, PA

Which mortgage lender in the Altoona, PA 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 Altoona, PA 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 Altoona, PA area is Pa State Employees Cu, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.18%. This means that Pa State Employees Cu provided a -0.18% lower interest rate for its customers than other lenders in Altoona, PA for a similar set of borrowers. Pa State Employees Cu has a market share of 2.1%. On the other hand, the most popular lender in the market is First National Bank of Pennsylvania, with a market share of 12.7%. First National Bank of Pennsylvania is an average rate lender in this area, with a “Rate Difference” of -0.04% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Altoona, PA 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 Altoona, PA is Pa State Employees Cu. 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 First Commonwealth Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Commonwealth Bank. The cheapest VA mortgage provider is Wells Fargo Bank. 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.

Ranking of Mortgage Lenders in Altoona, PA

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pa State Employees Cu 1, -0.18% 2.11%
Reliance Savings Bank 2, -0.14% 5.34%
Equity Resources Inc 3, -0.09% 3.00%
S&T Bank 4, -0.08% 3.71%
First Peoples Cfcu 5, -0.08% 1.97%
Northwest Bank 6, -0.07% 1.03%
Citizens Bank 7, -0.06% 3.62%
Union Home Mortgage Company 8, -0.05% 1.06%
E Mortgage Management 9, -0.04% 1.77%
First National Bank of Pennsylvania 10, -0.04% 12.67%
Caliber Home Loans Inc 11, -0.03% 1.48%
M&T Bank 12, -0.03% 1.00%
Pnc Bank 13, -0.02% 1.54%
First Commonwealth Bank 14, -0.01% 11.87%
Flagstar Bank 15, -0.01% 7.13%
Usaa Federal Savings Bank 16, -0.01% 0.97%
First Federal Bank 17, 0.03% 1.34%
Wells Fargo Bank 18, 0.03% 4.37%
Nationstar Mortgage 19, 0.05% 2.17%
Primelending 20, 0.05% 4.34%
LoanDepot 21, 0.06% 0.88%
Somerset Trust Company 22, 0.06% 8.45%
CNB Bank 23, 0.08% 1.03%
Quicken Loans 24, 0.11% 10.39%
InFirst Bank 25, 0.12% 3.05%
Fairway Independent Mort Corp 26, 0.12% 1.23%
Norwich Commercial Group Inc 27, 0.12% 2.51%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Reliance Savings Bank 1, -0.14% 3.59%
Pa State Employees Cu 2, -0.14% 1.60%
First Peoples Cfcu 3, -0.11% 1.05%
Equity Resources Inc 4, -0.10% 4.59%
Northwest Bank 5, -0.09% 0.95%
First National Bank of Pennsylvania 6, -0.08% 8.19%
S&T Bank 7, -0.08% 4.44%
Citizens Bank 8, -0.07% 4.64%
Union Home Mortgage Company 9, -0.06% 1.65%
E Mortgage Management 10, -0.05% 2.60%
Caliber Home Loans Inc 11, -0.04% 1.45%
M&T Bank 12, -0.04% 1.15%
Somerset Trust Company 13, -0.03% 6.29%
Pnc Bank 14, -0.02% 1.50%
Usaa Federal Savings Bank 15, -0.01% 1.50%
Wells Fargo Bank 16, 0.00% 5.69%
LoanDepot 17, 0.01% 0.30%
First Commonwealth Bank 18, 0.02% 11.73%
CNB Bank 19, 0.03% 0.75%
Flagstar Bank 20, 0.03% 9.09%
Nationstar Mortgage 21, 0.03% 2.70%
First Federal Bank 22, 0.03% 1.75%
Primelending 23, 0.06% 6.59%
Fairway Independent Mort Corp 24, 0.12% 2.10%
InFirst Bank 25, 0.12% 2.60%
Norwich Commercial Group Inc 26, 0.13% 4.09%
Quicken Loans 27, 0.15% 7.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pa State Employees Cu 1, -0.22% 2.80%
Reliance Savings Bank 2, -0.14% 7.66%
Flagstar Bank 3, -0.12% 4.53%
S&T Bank 4, -0.10% 2.73%
First Peoples Cfcu 5, -0.06% 3.20%
First Commonwealth Bank 6, -0.05% 12.05%
Northwest Bank 7, -0.04% 1.13%
Equity Resources Inc 8, -0.04% 0.87%
Citizens Bank 9, -0.03% 2.26%
E Mortgage Management 10, -0.02% 0.67%
Pnc Bank 11, -0.02% 1.60%
First National Bank of Pennsylvania 12, -0.02% 18.64%
Caliber Home Loans Inc 13, -0.01% 1.53%
M&T Bank 14, -0.01% 0.80%
First Federal Bank 15, -0.01% 0.80%
Primelending 16, -0.00% 1.33%
Usaa Federal Savings Bank 17, 0.00% 0.27%
Fairway Independent Mort Corp 18, 0.01% 0.07%
Norwich Commercial Group Inc 19, 0.01% 0.40%
Union Home Mortgage Company 20, 0.01% 0.27%
LoanDepot 21, 0.07% 1.66%
Quicken Loans 22, 0.08% 14.31%
Nationstar Mortgage 23, 0.09% 1.46%
Wells Fargo Bank 24, 0.10% 2.60%
InFirst Bank 25, 0.11% 3.66%
CNB Bank 26, 0.11% 1.40%
Somerset Trust Company 27, 0.14% 11.32%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pa State Employees Cu 1, -0.19% 2.79%
Reliance Savings Bank 2, -0.15% 7.02%
S&T Bank 3, -0.09% 4.87%
First Peoples Cfcu 4, -0.08% 2.60%
Northwest Bank 5, -0.07% 1.36%
Equity Resources Inc 6, -0.06% 2.15%
Citizens Bank 7, -0.06% 3.58%
Caliber Home Loans Inc 8, -0.04% 1.40%
First National Bank of Pennsylvania 9, -0.04% 15.77%
M&T Bank 10, -0.03% 1.13%
Pnc Bank 11, -0.02% 1.92%
Flagstar Bank 12, -0.02% 6.45%
Usaa Federal Savings Bank 13, -0.02% 0.49%
E Mortgage Management 14, -0.01% 1.28%
Fairway Independent Mort Corp 15, -0.00% 0.41%
Primelending 16, 0.01% 3.02%
First Commonwealth Bank 17, 0.04% 12.45%
Wells Fargo Bank 18, 0.04% 5.13%
Union Home Mortgage Company 19, 0.04% 0.30%
First Federal Bank 20, 0.05% 0.83%
Norwich Commercial Group Inc 21, 0.06% 1.13%
Somerset Trust Company 22, 0.06% 11.13%
CNB Bank 23, 0.08% 1.36%
LoanDepot 24, 0.08% 0.53%
InFirst Bank 25, 0.11% 4.04%
Nationstar Mortgage 26, 0.12% 0.45%
Quicken Loans 27, 0.21% 6.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Reliance Savings Bank 1, -0.14% 5.43%
Pa State Employees Cu 2, -0.14% 2.41%
First Peoples Cfcu 3, -0.11% 1.58%
Northwest Bank 4, -0.09% 1.43%
S&T Bank 5, -0.08% 6.64%
First National Bank of Pennsylvania 6, -0.08% 10.41%
Equity Resources Inc 7, -0.07% 3.70%
Citizens Bank 8, -0.07% 4.90%
Caliber Home Loans Inc 9, -0.06% 1.66%
M&T Bank 10, -0.04% 1.43%
Somerset Trust Company 11, -0.03% 9.43%
Pnc Bank 12, -0.03% 2.04%
Usaa Federal Savings Bank 13, -0.03% 0.83%
Fairway Independent Mort Corp 14, -0.00% 0.75%
LoanDepot 15, -0.00% 0.23%
E Mortgage Management 16, -0.00% 1.96%
Wells Fargo Bank 17, 0.01% 7.32%
Primelending 18, 0.02% 4.75%
Nationstar Mortgage 19, 0.02% 0.08%
CNB Bank 20, 0.03% 1.13%
Union Home Mortgage Company 21, 0.04% 0.45%
Flagstar Bank 22, 0.04% 8.07%
First Federal Bank 23, 0.05% 1.36%
Norwich Commercial Group Inc 24, 0.07% 1.96%
InFirst Bank 25, 0.12% 3.92%
First Commonwealth Bank 26, 0.13% 11.84%
Quicken Loans 27, 0.25% 4.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pa State Employees Cu 1, -0.22% 3.17%
Reliance Savings Bank 2, -0.15% 8.60%
Flagstar Bank 3, -0.13% 4.83%
S&T Bank 4, -0.10% 3.09%
First Peoples Cfcu 5, -0.07% 3.62%
First Commonwealth Bank 6, -0.05% 13.06%
Equity Resources Inc 7, -0.04% 0.60%
Northwest Bank 8, -0.04% 1.28%
Citizens Bank 9, -0.04% 2.26%
E Mortgage Management 10, -0.04% 0.60%
Pnc Bank 11, -0.02% 1.81%
Caliber Home Loans Inc 12, -0.02% 1.13%
First National Bank of Pennsylvania 13, -0.02% 21.13%
Norwich Commercial Group Inc 14, -0.01% 0.30%
M&T Bank 15, -0.01% 0.83%
Primelending 16, -0.01% 1.28%
Fairway Independent Mort Corp 17, 0.00% 0.08%
First Federal Bank 18, 0.01% 0.30%
Usaa Federal Savings Bank 19, 0.02% 0.15%
Union Home Mortgage Company 20, 0.03% 0.15%
Wells Fargo Bank 21, 0.09% 2.94%
LoanDepot 22, 0.10% 0.83%
InFirst Bank 23, 0.11% 4.15%
CNB Bank 24, 0.11% 1.58%
Nationstar Mortgage 25, 0.13% 0.83%
Somerset Trust Company 26, 0.13% 12.83%
Quicken Loans 27, 0.19% 8.53%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.23% 10.35%
Equity Resources Inc 2, -0.17% 5.25%
First National Bank of Pennsylvania 3, -0.14% 3.18%
E Mortgage Management 4, -0.12% 3.34%
Union Home Mortgage Company 5, -0.08% 3.82%
Citizens Bank 6, -0.07% 3.50%
M&T Bank 7, -0.01% 0.48%
Pnc Bank 8, 0.00% 0.16%
Caliber Home Loans Inc 9, 0.02% 1.59%
First Federal Bank 10, 0.02% 2.87%
Flagstar Bank 11, 0.02% 10.51%
Quicken Loans 12, 0.03% 24.68%
Wells Fargo Bank 13, 0.04% 0.16%
LoanDepot 14, 0.05% 1.43%
Nationstar Mortgage 15, 0.05% 8.12%
Primelending 16, 0.11% 7.80%
Norwich Commercial Group Inc 17, 0.17% 8.60%
Fairway Independent Mort Corp 18, 0.19% 4.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.24% 12.07%
Equity Resources Inc 2, -0.18% 6.32%
First National Bank of Pennsylvania 3, -0.15% 3.83%
E Mortgage Management 4, -0.13% 3.83%
Citizens Bank 5, -0.09% 3.64%
Union Home Mortgage Company 6, -0.09% 4.60%
M&T Bank 7, -0.03% 0.38%
Pnc Bank 8, -0.00% 0.19%
First Federal Bank 9, 0.02% 3.07%
Flagstar Bank 10, 0.02% 12.45%
Caliber Home Loans Inc 11, 0.02% 1.15%
LoanDepot 12, 0.02% 0.57%
Wells Fargo Bank 13, 0.03% 0.19%
Nationstar Mortgage 14, 0.04% 8.62%
Primelending 15, 0.10% 9.20%
Quicken Loans 16, 0.11% 14.94%
Norwich Commercial Group Inc 17, 0.17% 9.96%
Fairway Independent Mort Corp 18, 0.18% 4.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.03% 72.64%
Caliber Home Loans Inc 2, 0.04% 3.77%
E Mortgage Management 3, 0.04% 0.94%
First Commonwealth Bank 4, 0.05% 1.89%
Flagstar Bank 5, 0.05% 0.94%
First Federal Bank 6, 0.05% 1.89%
M&T Bank 7, 0.05% 0.94%
Primelending 8, 0.08% 0.94%
Norwich Commercial Group Inc 9, 0.08% 1.89%
LoanDepot 10, 0.09% 5.66%
Nationstar Mortgage 11, 0.09% 5.66%
Citizens Bank 12, 0.10% 2.83%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.00% 44.44%
Reliance Savings Bank 2, 0.00% 11.11%
Pnc Bank 3, 0.00% 11.11%
S&T Bank 4, 0.00% 11.11%
Flagstar Bank 5, 0.00% 11.11%
M&T Bank 6, 0.00% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.01% 40.00%
Pnc Bank 2, 0.01% 20.00%
S&T Bank 3, 0.01% 20.00%
M&T Bank 4, 0.01% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.00% 50.00%
Reliance Savings Bank 2, 0.00% 25.00%
Flagstar Bank 3, 0.00% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.07% 7.37%
First Commonwealth Bank 2, -0.05% 7.83%
Citizens Bank 3, -0.04% 4.61%
First Federal Bank 4, -0.03% 3.23%
First National Bank of Pennsylvania 5, -0.03% 2.76%
Equity Resources Inc 6, -0.02% 6.91%
Union Home Mortgage Company 7, -0.02% 2.30%
Caliber Home Loans Inc 8, -0.01% 2.30%
M&T Bank 9, -0.01% 0.46%
Usaa Federal Savings Bank 10, -0.01% 9.68%
Pnc Bank 11, -0.00% 0.46%
Norwich Commercial Group Inc 12, 0.01% 1.84%
Flagstar Bank 13, 0.01% 5.53%
Nationstar Mortgage 14, 0.01% 5.99%
Quicken Loans 15, 0.01% 17.97%
E Mortgage Management 16, 0.02% 3.23%
Somerset Trust Company 17, 0.02% 0.46%
LoanDepot 18, 0.02% 3.69%
Fairway Independent Mort Corp 19, 0.04% 2.76%
Primelending 20, 0.09% 10.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.07% 10.67%
First Commonwealth Bank 2, -0.05% 8.67%
Citizens Bank 3, -0.04% 6.00%
First National Bank of Pennsylvania 4, -0.03% 4.00%
Union Home Mortgage Company 5, -0.02% 2.00%
Equity Resources Inc 6, -0.02% 6.67%
M&T Bank 7, -0.01% 0.67%
Usaa Federal Savings Bank 8, -0.01% 12.67%
Pnc Bank 9, -0.00% 0.67%
Nationstar Mortgage 10, 0.00% 5.33%
First Federal Bank 11, 0.00% 0.67%
Norwich Commercial Group Inc 12, 0.01% 2.67%
Quicken Loans 13, 0.01% 9.33%
Caliber Home Loans Inc 14, 0.01% 0.67%
Flagstar Bank 15, 0.01% 6.67%
E Mortgage Management 16, 0.02% 4.00%
Somerset Trust Company 17, 0.02% 0.67%
Fairway Independent Mort Corp 18, 0.04% 4.00%
Primelending 19, 0.10% 14.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Commonwealth Bank 1, -0.05% 5.97%
Equity Resources Inc 2, -0.04% 7.46%
First Federal Bank 3, -0.04% 8.96%
Usaa Federal Savings Bank 4, -0.03% 2.99%
Caliber Home Loans Inc 5, -0.02% 5.97%
Union Home Mortgage Company 6, -0.01% 2.99%
Primelending 7, -0.01% 2.99%
Citizens Bank 8, -0.00% 1.49%
E Mortgage Management 9, 0.01% 1.49%
Flagstar Bank 10, 0.01% 2.99%
Quicken Loans 11, 0.02% 37.31%
LoanDepot 12, 0.02% 11.94%
Nationstar Mortgage 13, 0.03% 7.46%

* Data is compiled for the Altoona, PA commuting zone area, which comprises of counties of Bedford County, PA, Blair County, PA, Cambria County, PA, Indiana County, PA, and Somerset County, PA. This includes cities/towns/communities of Altoona, PA as well as Indiana, PA, Tipton, PA, Edie, PA, Lakemont, PA, Greenwood, PA, Duncansville, PA, Pleasantville, PA, Hollidaysburg, PA, Hopewell, PA, Boswell, PA, Westmont, PA, Somerset, PA, Belmont, PA, Rainsburg, PA, East Freedom, PA, Tyrone, PA, Elim, PA, Creekside, PA, Grazierville, PA, Indian Lake, PA, Davidsville, PA, Saltsburg, PA, Colver, PA, Johnstown, PA, Friedens, PA, Schellsburg, PA, Everett, PA, Seven Springs, PA, Berlin, PA, Martinsburg, PA, Salix, PA, Bedford, PA, Lucerne Mines, PA, Hyndman, PA, Cresson, PA, Chevy Chase Heights, PA, Black Lick, PA, Rockwood, PA, Ebensburg, PA, Paint, PA, Rossiter, PA, Ernest, PA, Mundys Corner, PA, Blairsville, PA, Clymer, PA, Windber, PA, Patton, PA, Wellersburg, PA, Oakland, PA, and Gallitzin, PA. 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Altoona, PA area. For mortgage lender rankings of other cities, click here.