Top Mortgage Lenders in Mount Crested Butte, CO

Which mortgage lender in the Mount Crested Butte, CO 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 Mount Crested Butte, CO 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 Mount Crested Butte, CO area is Wells Fargo Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.06%. This means that Wells Fargo Bank provided a -0.06% lower interest rate for its customers than other lenders in Mount Crested Butte, CO for a similar set of borrowers. Wells Fargo Bank has a market share of 19.9%. On the other hand, the most popular lender in the market is Bay Equity, with a market share of 46.0%. Bay Equity is an average rate lender in this area, with a “Rate Difference” of +0.01% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Mount Crested Butte, CO 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, Wells Fargo Bank is the cheapest mortgage provider for Conventional, Jumbo, and FHA mortgages in Mount Crested Butte, CO. However, the cheapest VA mortgage provider is Bay Equity. 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 Mount Crested Butte, CO

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.06% 19.91%
Ark-La-Tex Financial Services 2, 0.00% 18.48%
Bay Equity 3, 0.01% 45.97%
Quicken Loans 4, 0.05% 15.64%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.06% 19.35%
Quicken Loans 2, -0.06% 4.84%
Ark-La-Tex Financial Services 3, 0.02% 20.16%
Bay Equity 4, 0.02% 55.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.06% 20.69%
Ark-La-Tex Financial Services 2, -0.02% 16.09%
Bay Equity 3, -0.01% 32.18%
Quicken Loans 4, 0.07% 31.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.08% 17.39%
Ark-La-Tex Financial Services 2, 0.00% 18.48%
Bay Equity 3, 0.01% 46.74%
Quicken Loans 4, 0.05% 17.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.08% 16.35%
Quicken Loans 2, -0.06% 5.77%
Ark-La-Tex Financial Services 3, 0.02% 21.15%
Bay Equity 4, 0.02% 56.73%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.07% 18.75%
Ark-La-Tex Financial Services 2, -0.03% 15.00%
Bay Equity 3, -0.01% 33.75%
Quicken Loans 4, 0.07% 32.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.02% 25.00%
Bay Equity 2, 0.01% 75.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.02% 25.00%
Bay Equity 2, 0.01% 75.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.00% 53.33%
Ark-La-Tex Financial Services 2, 0.00% 33.33%
Quicken Loans 3, 0.01% 6.67%
Bay Equity 4, 0.01% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.00% 55.56%
Ark-La-Tex Financial Services 2, -0.00% 33.33%
Bay Equity 3, 0.02% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 16.67%
Wells Fargo Bank 2, -0.00% 50.00%
Ark-La-Tex Financial Services 3, 0.01% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bay Equity 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bay Equity 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bay Equity 1, 0.00% 100.00%

* Data is compiled for the Mount Crested Butte, CO commuting zone area, which comprises of counties of Gunnison County, CO, and Hinsdale County, CO. This includes cities/towns/communities of Mount Crested Butte, CO as well as Gunnison, CO, Pitkin, CO, Marble, CO, and Lake City, CO. 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 Mount Crested Butte, CO area. For mortgage lender rankings of other cities, click here.