Top Mortgage Lenders in the Susanville, CA area

Which mortgage lender in the Susanville, 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 Susanville, 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 Susanville, CA area is Caliber Home Loans Inc, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.06%. This means that Caliber Home Loans Inc provided a -0.06% lower interest rate for its customers than other lenders in Susanville, CA for a similar set of borrowers. Caliber Home Loans Inc has a market share of 6.7%. On the other hand, the most popular lender in the market is Summit Funding Inc, with a market share of 29.1%. Summit Funding Inc is an average rate lender in this area, with a “Rate Difference” of +0.09% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Susanville, 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 Susanville, CA is Caliber Home Loans Inc. 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 Caliber Home Loans Inc. The cheapest VA mortgage provider is Summit Funding Inc. 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
Caliber Home Loans Inc 1, -0.06% 6.72%
American Pacific Mortgage Corporation 2, -0.04% 13.45%
Wells Fargo Bank 3, -0.03% 7.38%
Axia Financial 4, -0.03% 16.27%
Quicken Loans 5, -0.03% 27.11%
Summit Funding Inc 6, 0.09% 29.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.08% 5.44%
Caliber Home Loans Inc 2, -0.08% 8.16%
Quicken Loans 3, -0.05% 10.54%
American Pacific Mortgage Corporation 4, -0.05% 16.67%
Axia Financial 5, -0.05% 21.09%
Summit Funding Inc 6, 0.09% 38.10%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Pacific Mortgage Corporation 1, -0.05% 7.78%
Caliber Home Loans Inc 2, -0.04% 4.19%
Quicken Loans 3, -0.00% 56.29%
Axia Financial 4, 0.01% 7.78%
Wells Fargo Bank 5, 0.02% 10.78%
Summit Funding Inc 6, 0.04% 13.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.07% 7.01%
Axia Financial 2, -0.05% 13.38%
Wells Fargo Bank 3, -0.04% 8.60%
American Pacific Mortgage Corporation 4, -0.03% 9.87%
Quicken Loans 5, -0.03% 32.17%
Summit Funding Inc 6, 0.10% 28.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.10% 6.86%
Caliber Home Loans Inc 2, -0.08% 9.14%
Axia Financial 3, -0.08% 18.29%
Quicken Loans 4, -0.06% 12.57%
American Pacific Mortgage Corporation 5, -0.03% 13.14%
Summit Funding Inc 6, 0.10% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Pacific Mortgage Corporation 1, -0.07% 5.76%
Caliber Home Loans Inc 2, -0.05% 4.32%
Quicken Loans 3, -0.00% 56.83%
Axia Financial 4, 0.00% 7.19%
Wells Fargo Bank 5, 0.02% 10.79%
Summit Funding Inc 6, 0.04% 15.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.07% 7.34%
American Pacific Mortgage Corporation 2, -0.07% 18.35%
Quicken Loans 3, -0.05% 16.51%
Axia Financial 4, -0.00% 24.77%
Summit Funding Inc 5, 0.08% 33.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.08% 7.61%
American Pacific Mortgage Corporation 2, -0.08% 19.57%
Quicken Loans 3, -0.07% 8.70%
Axia Financial 4, -0.01% 26.09%
Summit Funding Inc 5, 0.08% 38.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 58.82%
American Pacific Mortgage Corporation 2, -0.01% 11.76%
Caliber Home Loans Inc 3, -0.01% 5.88%
Summit Funding Inc 4, 0.02% 5.88%
Axia Financial 5, 0.04% 17.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.00% 87.50%
Caliber Home Loans Inc 2, 0.02% 12.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.01% 80.00%
Caliber Home Loans Inc 2, 0.03% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Summit Funding Inc 1, -0.02% 23.33%
Quicken Loans 2, -0.02% 20.00%
American Pacific Mortgage Corporation 3, 0.01% 36.67%
Axia Financial 4, 0.03% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.03% 4.55%
Summit Funding Inc 2, -0.03% 31.82%
American Pacific Mortgage Corporation 3, 0.01% 36.36%
Axia Financial 4, 0.03% 27.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 62.50%
American Pacific Mortgage Corporation 2, 0.01% 37.50%

* Data is compiled for the Susanville, CA commuting zone area, which comprises of counties of Lassen County, CA, and Plumas County, CA. This includes cities/towns/communities of Susanville, CA as well as Hamilton Branch, CA, Delleker, CA, East Quincy, CA, Janesville, CA, Graeagle, CA, Chester, CA, Spaulding, CA, Twain, CA, Patton Village, CA, Keddie, CA, and Nubieber, 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.

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