Top Mortgage Lenders in Mammoth Lakes, CA

Which mortgage lender in the Mammoth Lakes, CA 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 Mammoth Lakes, CA 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 Mammoth Lakes, CA area is Finance of America Mortgage, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.05%. This means that Finance of America Mortgage provided a -0.05% lower interest rate for its customers than other lenders in Mammoth Lakes, CA for a similar set of borrowers. Finance of America Mortgage has a market share of 17.8%. On the other hand, the most popular lender in the market is RPM Mortgage, with a market share of 27.7%. RPM Mortgage is an average rate lender in this area, with a “Rate Difference” of +0.10% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Mammoth Lakes, CA 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 Mammoth Lakes, CA is Finance of America Mortgage. 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 Finance of America Mortgage. The cheapest VA mortgage provider is also Finance of America Mortgage. 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 Mammoth Lakes, CA

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.05% 17.80%
Wells Fargo Bank 2, -0.05% 26.44%
Quicken Loans 3, -0.03% 17.28%
JPMorgan Chase Bank 4, -0.00% 10.73%
RPM Mortgage 5, 0.10% 27.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.05% 30.17%
Finance of America Mortgage 2, -0.04% 21.90%
JPMorgan Chase Bank 3, -0.01% 7.44%
Quicken Loans 4, -0.01% 10.33%
RPM Mortgage 5, 0.09% 30.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.07% 10.71%
Quicken Loans 2, -0.05% 29.29%
Wells Fargo Bank 3, -0.04% 20.00%
JPMorgan Chase Bank 4, -0.01% 16.43%
RPM Mortgage 5, 0.13% 23.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.06% 14.89%
Wells Fargo Bank 2, -0.05% 24.92%
Quicken Loans 3, -0.04% 18.84%
JPMorgan Chase Bank 4, -0.01% 11.55%
RPM Mortgage 5, 0.10% 29.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.05% 17.24%
Wells Fargo Bank 2, -0.05% 29.56%
JPMorgan Chase Bank 3, -0.02% 7.88%
Quicken Loans 4, -0.02% 11.82%
RPM Mortgage 5, 0.08% 33.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.08% 11.11%
Quicken Loans 2, -0.05% 30.16%
Wells Fargo Bank 3, -0.03% 17.46%
JPMorgan Chase Bank 4, -0.01% 17.46%
RPM Mortgage 5, 0.14% 23.81%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.00% 92.86%
Quicken Loans 2, 0.03% 7.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.03% 61.29%
JPMorgan Chase Bank 2, 0.03% 9.68%
Finance of America Mortgage 3, 0.05% 6.45%
RPM Mortgage 4, 0.06% 22.58%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.04% 61.90%
JPMorgan Chase Bank 2, 0.04% 9.52%
Finance of America Mortgage 3, 0.06% 9.52%
RPM Mortgage 4, 0.07% 19.05%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.01% 60.00%
JPMorgan Chase Bank 2, 0.01% 10.00%
RPM Mortgage 3, 0.03% 30.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.00% 50.00%
RPM Mortgage 2, 0.00% 12.50%
Quicken Loans 3, 0.01% 37.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.00% 60.00%
Quicken Loans 2, 0.00% 20.00%
RPM Mortgage 3, 0.00% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Finance of America Mortgage 1, -0.01% 33.33%
Quicken Loans 2, 0.00% 66.67%

* Data is compiled for the Mammoth Lakes, CA commuting zone area, which comprises of counties of Inyo County, CA, and Mono County, CA. This includes cities/towns/communities of Mammoth Lakes, CA as well as Crowley Lake, CA, West Bishop, CA, Dixon Lane-Meadow Creek, CA, Walker, CA, Independence, CA, Bishop, CA, Cartago, CA, and Wilkerson, CA. 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 Mammoth Lakes, CA area. For mortgage lender rankings of other cities, click here.