Top Mortgage Lenders in Fort Smith, AR

Which mortgage lender in the Fort Smith, AR 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 Fort Smith, AR 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 Fort Smith, AR area is Armstrong Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.10%. This means that Armstrong Bank provided a -0.10% lower interest rate for its customers than other lenders in Fort Smith, AR for a similar set of borrowers. Armstrong Bank has a market share of 5.4%. On the other hand, the most popular lender in the market is Arvest Bank, with a market share of 22.4%. Arvest Bank 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 Fort Smith, AR 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 Fort Smith, AR is First National Bank of Fort Smith. 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 United Federal Credit Union. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Armstrong Bank. The cheapest VA mortgage provider is also Armstrong 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 Fort Smith, AR

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.10% 5.40%
First National Bank of Fort Smith 2, -0.09% 3.93%
Arvest Bank 3, -0.05% 22.41%
First Western Mortgage 4, -0.05% 3.02%
Gateway First Bank 5, -0.02% 4.25%
BancorpSouth Bank 6, -0.02% 8.07%
United Federal Credit Union 7, -0.01% 6.28%
Us Bank 8, 0.00% 1.91%
Centennial Bank 9, 0.01% 1.23%
Wells Fargo Bank 10, 0.02% 1.23%
Firstar Bank 11, 0.02% 11.72%
First Financial Bank 12, 0.02% 5.80%
Usaa Federal Savings Bank 13, 0.03% 1.99%
Regions Bank 14, 0.03% 3.69%
SWBC Mortgage Corporation 15, 0.04% 2.74%
LoanDepot 16, 0.04% 1.55%
Simmons Bank 17, 0.04% 2.34%
Quicken Loans 18, 0.13% 10.13%
Fairway Independent Mort Corp 19, 0.17% 2.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.13% 6.21%
First National Bank of Fort Smith 2, -0.09% 4.12%
First Western Mortgage 3, -0.05% 3.40%
Us Bank 4, -0.03% 1.67%
Arvest Bank 5, -0.02% 20.24%
BancorpSouth Bank 6, -0.02% 9.73%
Gateway First Bank 7, -0.02% 5.19%
Regions Bank 8, -0.01% 4.54%
Wells Fargo Bank 9, -0.00% 1.31%
Centennial Bank 10, 0.01% 1.61%
Simmons Bank 11, 0.01% 2.45%
Usaa Federal Savings Bank 12, 0.02% 2.57%
LoanDepot 13, 0.03% 0.42%
First Financial Bank 14, 0.03% 7.58%
Firstar Bank 15, 0.03% 12.24%
SWBC Mortgage Corporation 16, 0.03% 3.88%
United Federal Credit Union 17, 0.06% 5.43%
Quicken Loans 18, 0.14% 4.06%
Fairway Independent Mort Corp 19, 0.17% 3.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.09% 26.72%
United Federal Credit Union 2, -0.09% 7.96%
First National Bank of Fort Smith 3, -0.08% 3.56%
First Western Mortgage 4, -0.05% 2.26%
First Financial Bank 5, -0.03% 2.26%
Gateway First Bank 6, -0.02% 2.38%
Firstar Bank 7, -0.01% 10.69%
BancorpSouth Bank 8, -0.00% 4.75%
Armstrong Bank 9, 0.01% 3.80%
Centennial Bank 10, 0.02% 0.48%
Usaa Federal Savings Bank 11, 0.02% 0.83%
SWBC Mortgage Corporation 12, 0.04% 0.48%
Us Bank 13, 0.04% 2.38%
LoanDepot 14, 0.04% 3.80%
Fairway Independent Mort Corp 15, 0.04% 0.24%
Wells Fargo Bank 16, 0.07% 1.07%
Simmons Bank 17, 0.11% 2.14%
Quicken Loans 18, 0.13% 22.21%
Regions Bank 19, 0.17% 2.02%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First National Bank of Fort Smith 1, -0.08% 6.06%
Gateway First Bank 2, -0.08% 3.92%
First Western Mortgage 3, -0.05% 2.82%
Arvest Bank 4, -0.04% 26.25%
Armstrong Bank 5, -0.02% 4.35%
First Financial Bank 6, -0.02% 4.10%
United Federal Credit Union 7, -0.01% 8.45%
BancorpSouth Bank 8, -0.00% 9.73%
Centennial Bank 9, -0.00% 0.98%
Us Bank 10, 0.00% 2.26%
Firstar Bank 11, 0.01% 10.16%
Wells Fargo Bank 12, 0.02% 1.71%
SWBC Mortgage Corporation 13, 0.02% 2.08%
Regions Bank 14, 0.04% 3.92%
Usaa Federal Savings Bank 15, 0.04% 0.92%
Simmons Bank 16, 0.05% 2.63%
LoanDepot 17, 0.07% 0.86%
Fairway Independent Mort Corp 18, 0.10% 0.55%
Quicken Loans 19, 0.19% 8.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.10% 5.06%
First National Bank of Fort Smith 2, -0.09% 6.98%
Armstrong Bank 3, -0.05% 4.35%
First Western Mortgage 4, -0.04% 2.93%
Us Bank 5, -0.04% 2.02%
First Financial Bank 6, -0.02% 5.46%
Regions Bank 7, -0.01% 4.75%
Centennial Bank 8, -0.01% 1.31%
BancorpSouth Bank 9, -0.01% 12.84%
Wells Fargo Bank 10, -0.00% 2.02%
LoanDepot 11, -0.00% 0.30%
Simmons Bank 12, -0.00% 2.73%
Arvest Bank 13, 0.01% 23.36%
SWBC Mortgage Corporation 14, 0.02% 3.13%
Firstar Bank 15, 0.03% 9.50%
Usaa Federal Savings Bank 16, 0.04% 1.21%
United Federal Credit Union 17, 0.06% 7.28%
Fairway Independent Mort Corp 18, 0.10% 0.91%
Quicken Loans 19, 0.16% 3.84%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.09% 30.70%
United Federal Credit Union 2, -0.09% 10.23%
First National Bank of Fort Smith 3, -0.07% 4.65%
First Western Mortgage 4, -0.05% 2.64%
First Financial Bank 5, -0.03% 2.02%
Gateway First Bank 6, -0.02% 2.17%
Firstar Bank 7, -0.02% 11.16%
BancorpSouth Bank 8, -0.00% 4.96%
Armstrong Bank 9, 0.02% 4.34%
Centennial Bank 10, 0.02% 0.47%
Usaa Federal Savings Bank 11, 0.03% 0.47%
SWBC Mortgage Corporation 12, 0.05% 0.47%
Us Bank 13, 0.05% 2.64%
Wells Fargo Bank 14, 0.07% 1.24%
LoanDepot 15, 0.10% 1.71%
Simmons Bank 16, 0.13% 2.48%
Regions Bank 17, 0.17% 2.64%
Quicken Loans 18, 0.21% 15.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.20% 9.20%
Arvest Bank 2, -0.12% 13.37%
BancorpSouth Bank 3, -0.08% 6.08%
First Western Mortgage 4, -0.05% 4.69%
SWBC Mortgage Corporation 5, -0.02% 2.95%
Regions Bank 6, -0.01% 2.95%
Us Bank 7, 0.01% 0.35%
Centennial Bank 8, 0.03% 1.91%
Simmons Bank 9, 0.03% 1.91%
Firstar Bank 10, 0.04% 16.84%
Quicken Loans 11, 0.04% 14.06%
LoanDepot 12, 0.06% 1.39%
First Financial Bank 13, 0.07% 10.76%
United Federal Credit Union 14, 0.07% 2.78%
Gateway First Bank 15, 0.12% 4.86%
Fairway Independent Mort Corp 16, 0.20% 5.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.21% 10.32%
Arvest Bank 2, -0.12% 14.53%
BancorpSouth Bank 3, -0.10% 6.32%
First Western Mortgage 4, -0.05% 5.26%
SWBC Mortgage Corporation 5, -0.02% 3.37%
Regions Bank 6, -0.01% 3.58%
Us Bank 7, 0.02% 0.42%
Centennial Bank 8, 0.03% 2.11%
Simmons Bank 9, 0.04% 2.11%
Firstar Bank 10, 0.04% 18.32%
First Financial Bank 11, 0.08% 12.84%
United Federal Credit Union 12, 0.08% 3.37%
Gateway First Bank 13, 0.12% 5.68%
Quicken Loans 14, 0.14% 5.05%
Fairway Independent Mort Corp 15, 0.21% 6.74%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.05% 3.96%
Arvest Bank 2, -0.04% 7.92%
Simmons Bank 3, -0.01% 0.99%
Quicken Loans 4, -0.00% 56.44%
First Western Mortgage 5, 0.00% 1.98%
BancorpSouth Bank 6, 0.00% 4.95%
Centennial Bank 7, 0.01% 0.99%
First Financial Bank 8, 0.01% 0.99%
SWBC Mortgage Corporation 9, 0.01% 0.99%
Firstar Bank 10, 0.01% 9.90%
Gateway First Bank 11, 0.01% 0.99%
Fairway Independent Mort Corp 12, 0.03% 1.98%
LoanDepot 13, 0.05% 7.92%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
United Federal Credit Union 1, -0.01% 9.09%
Us Bank 2, -0.01% 36.36%
Simmons Bank 3, 0.00% 9.09%
Regions Bank 4, 0.00% 27.27%
Firstar Bank 5, 0.01% 18.18%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Simmons Bank 1, -0.00% 20.00%
Us Bank 2, -0.00% 20.00%
Regions Bank 3, 0.00% 60.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
United Federal Credit Union 1, -0.01% 16.67%
Us Bank 2, -0.01% 50.00%
Firstar Bank 3, 0.01% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.09% 4.05%
Arvest Bank 2, -0.07% 19.59%
Gateway First Bank 3, -0.03% 5.07%
First Financial Bank 4, -0.02% 5.74%
LoanDepot 5, -0.01% 5.74%
First Western Mortgage 6, -0.01% 1.01%
Wells Fargo Bank 7, -0.01% 1.01%
Firstar Bank 8, -0.01% 10.14%
Centennial Bank 9, -0.00% 1.35%
Us Bank 10, 0.00% 1.69%
Usaa Federal Savings Bank 11, 0.00% 11.82%
Simmons Bank 12, 0.01% 1.35%
BancorpSouth Bank 13, 0.01% 3.04%
United Federal Credit Union 14, 0.01% 1.01%
Regions Bank 15, 0.03% 3.04%
Quicken Loans 16, 0.06% 13.18%
SWBC Mortgage Corporation 17, 0.10% 6.08%
Fairway Independent Mort Corp 18, 0.12% 5.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Armstrong Bank 1, -0.09% 5.83%
Arvest Bank 2, -0.07% 18.93%
Gateway First Bank 3, -0.03% 4.85%
Wells Fargo Bank 4, -0.03% 0.97%
First Western Mortgage 5, -0.01% 1.46%
Firstar Bank 6, -0.01% 11.65%
Centennial Bank 7, -0.00% 1.94%
First Financial Bank 8, -0.00% 5.83%
Us Bank 9, 0.00% 2.43%
Usaa Federal Savings Bank 10, 0.01% 15.05%
United Federal Credit Union 11, 0.01% 1.46%
Simmons Bank 12, 0.01% 1.46%
BancorpSouth Bank 13, 0.02% 2.91%
Quicken Loans 14, 0.02% 2.91%
Regions Bank 15, 0.03% 4.37%
LoanDepot 16, 0.04% 1.94%
SWBC Mortgage Corporation 17, 0.10% 8.74%
Fairway Independent Mort Corp 18, 0.12% 7.28%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.08% 21.11%
First Financial Bank 2, -0.06% 5.56%
Gateway First Bank 3, -0.03% 5.56%
LoanDepot 4, -0.03% 14.44%
Simmons Bank 5, -0.00% 1.11%
BancorpSouth Bank 6, -0.00% 3.33%
Usaa Federal Savings Bank 7, -0.00% 4.44%
Firstar Bank 8, 0.01% 6.67%
Wells Fargo Bank 9, 0.02% 1.11%
Quicken Loans 10, 0.07% 36.67%

* Data is compiled for the Fort Smith, AR commuting zone area, which comprises of counties of Crawford County, AR, Franklin County, AR, Logan County, AR, Scott County, AR, Sebastian County, AR, and Sequoyah County, OK. This includes cities/towns/communities of Fort Smith, AR as well as Van Buren, AR, Barling, AR, Central City, AR, Rudy, AR, Huntington, AR, Roland, OK, Hackett, AR, Sallisaw, OK, Muldrow, OK, Branch, AR, Altus, AR, Greenwood, AR, Dyer, AR, Mansfield, AR, Mountainburg, AR, Cedarville, AR, Vian, OK, Kibler, AR, Waldron, AR, Brushy, OK, Brent, OK, Morrison Bluff, AR, Evening Shade, OK, Ozark, AR, Booneville, AR, Magazine, AR, Paris, AR, Subiaco, AR, and Blue Mountain, AR. 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 Fort Smith, AR area. For mortgage lender rankings of other cities, click here.