Top Mortgage Lenders in the Grand Junction, CO area

Which mortgage lender in the Grand Junction, 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 Grand Junction, 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 Grand Junction, CO area is Coloramo Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.19%. This means that Coloramo Federal Credit Union provided a -0.19% lower interest rate for its customers than other lenders in Grand Junction, CO for a similar set of borrowers. Coloramo Federal Credit Union has a market share of 1.2%. On the other hand, the most popular lender in the market is Bay Equity, with a market share of 22.1%. Bay Equity is an average rate lender in this area, with a “Rate Difference” of -0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Grand Junction, 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, the cheapest lender for Conventional mortgages in Grand Junction, CO is Coloramo Federal Credit Union. 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 Bay Equity. The cheapest VA mortgage provider is Northpointe Bank. 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
Coloramo Federal Credit Union 1, -0.19% 1.20%
Alpine Bank 2, -0.17% 2.66%
Credit Union of Colorado 3, -0.14% 0.88%
Land Home Financial Services Inc 4, -0.09% 0.84%
Northpointe Bank 5, -0.08% 3.48%
Wells Fargo Bank 6, -0.05% 4.81%
Gershman Investment Corp 7, -0.04% 0.88%
Cherry Creek Mortgage Co Inc 8, -0.04% 1.93%
Bay Equity 9, -0.03% 22.15%
LoanDepot 10, -0.03% 1.14%
Amcap Mortgage Ltd 11, -0.03% 3.76%
Caliber Home Loans Inc 12, -0.03% 2.08%
Usaa Federal Savings Bank 13, -0.02% 0.88%
Primary Residential Mortgage Inc 14, -0.02% 3.52%
Us Bank 15, -0.02% 1.59%
Fairway Independent Mort Corp 16, -0.00% 8.24%
Universal Lending Corporation 17, -0.00% 0.90%
Bank of Colorado 18, 0.02% 2.23%
New American Funding 19, 0.02% 2.90%
Freedom Mortgage Corporation 20, 0.02% 0.67%
Guild Mortgage Company 21, 0.02% 5.34%
Legacy Mutual Mortgage 22, 0.03% 2.12%
Mortgage Solutions of Colorado 23, 0.07% 2.36%
Quicken Loans 24, 0.07% 6.37%
Academy Mortgage Corporation 25, 0.10% 17.08%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alpine Bank 1, -0.14% 2.58%
Wells Fargo Bank 2, -0.13% 5.62%
Us Bank 3, -0.10% 1.05%
Land Home Financial Services Inc 4, -0.08% 0.56%
Credit Union of Colorado 5, -0.07% 0.34%
Cherry Creek Mortgage Co Inc 6, -0.05% 2.43%
Amcap Mortgage Ltd 7, -0.05% 4.46%
Northpointe Bank 8, -0.04% 3.52%
Bay Equity 9, -0.04% 26.73%
Primary Residential Mortgage Inc 10, -0.03% 4.16%
Freedom Mortgage Corporation 11, -0.03% 0.04%
Usaa Federal Savings Bank 12, -0.03% 1.05%
Quicken Loans 13, -0.02% 1.76%
Gershman Investment Corp 14, -0.02% 0.71%
LoanDepot 15, -0.02% 0.11%
Bank of Colorado 16, -0.01% 2.47%
Coloramo Federal Credit Union 17, -0.01% 0.19%
Universal Lending Corporation 18, -0.01% 0.86%
Caliber Home Loans Inc 19, 0.00% 1.27%
Fairway Independent Mort Corp 20, 0.01% 9.43%
New American Funding 21, 0.03% 2.73%
Guild Mortgage Company 22, 0.04% 5.28%
Legacy Mutual Mortgage 23, 0.04% 2.25%
Mortgage Solutions of Colorado 24, 0.06% 1.76%
Academy Mortgage Corporation 25, 0.14% 18.64%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alpine Bank 1, -0.21% 2.77%
Coloramo Federal Credit Union 2, -0.21% 2.56%
Credit Union of Colorado 3, -0.16% 1.61%
Northpointe Bank 4, -0.14% 3.42%
Land Home Financial Services Inc 5, -0.09% 1.21%
Gershman Investment Corp 6, -0.06% 1.11%
Caliber Home Loans Inc 7, -0.04% 3.17%
LoanDepot 8, -0.03% 2.51%
Fairway Independent Mort Corp 9, -0.03% 6.64%
Bay Equity 10, -0.02% 15.99%
Usaa Federal Savings Bank 11, -0.02% 0.65%
Cherry Creek Mortgage Co Inc 12, -0.02% 1.26%
Primary Residential Mortgage Inc 13, -0.01% 2.66%
Amcap Mortgage Ltd 14, -0.00% 2.82%
Legacy Mutual Mortgage 15, 0.00% 1.96%
Guild Mortgage Company 16, 0.01% 5.43%
Universal Lending Corporation 17, 0.01% 0.96%
New American Funding 18, 0.01% 3.12%
Freedom Mortgage Corporation 19, 0.03% 1.51%
Us Bank 20, 0.04% 2.31%
Academy Mortgage Corporation 21, 0.05% 14.98%
Bank of Colorado 22, 0.07% 1.91%
Mortgage Solutions of Colorado 23, 0.08% 3.17%
Quicken Loans 24, 0.09% 12.57%
Wells Fargo Bank 25, 0.09% 3.72%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Coloramo Federal Credit Union 1, -0.20% 1.84%
Alpine Bank 2, -0.19% 3.69%
Credit Union of Colorado 3, -0.15% 1.32%
Northpointe Bank 4, -0.12% 3.19%
Land Home Financial Services Inc 5, -0.10% 1.22%
Wells Fargo Bank 6, -0.06% 6.75%
Gershman Investment Corp 7, -0.05% 1.15%
LoanDepot 8, -0.04% 0.99%
Cherry Creek Mortgage Co Inc 9, -0.04% 2.01%
Primary Residential Mortgage Inc 10, -0.04% 3.03%
Bay Equity 11, -0.03% 22.17%
Caliber Home Loans Inc 12, -0.03% 2.01%
Us Bank 13, -0.02% 2.01%
Amcap Mortgage Ltd 14, -0.02% 2.50%
Universal Lending Corporation 15, -0.01% 0.89%
Usaa Federal Savings Bank 16, -0.00% 0.46%
Fairway Independent Mort Corp 17, 0.02% 6.55%
Bank of Colorado 18, 0.03% 2.60%
Guild Mortgage Company 19, 0.03% 5.80%
New American Funding 20, 0.03% 2.80%
Legacy Mutual Mortgage 21, 0.03% 1.78%
Mortgage Solutions of Colorado 22, 0.05% 1.05%
Freedom Mortgage Corporation 23, 0.06% 0.33%
Quicken Loans 24, 0.09% 7.61%
Academy Mortgage Corporation 25, 0.13% 16.24%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alpine Bank 1, -0.16% 3.70%
Wells Fargo Bank 2, -0.14% 8.27%
Us Bank 3, -0.12% 1.50%
Northpointe Bank 4, -0.09% 3.51%
Land Home Financial Services Inc 5, -0.09% 0.88%
Credit Union of Colorado 6, -0.07% 0.56%
Cherry Creek Mortgage Co Inc 7, -0.05% 2.57%
Primary Residential Mortgage Inc 8, -0.04% 3.88%
Bay Equity 9, -0.04% 27.51%
LoanDepot 10, -0.02% 0.19%
Amcap Mortgage Ltd 11, -0.02% 2.57%
Gershman Investment Corp 12, -0.02% 1.07%
Coloramo Federal Credit Union 13, -0.02% 0.31%
Universal Lending Corporation 14, -0.02% 0.75%
Bank of Colorado 15, -0.01% 3.01%
Usaa Federal Savings Bank 16, -0.01% 0.63%
Caliber Home Loans Inc 17, -0.01% 1.57%
Quicken Loans 18, -0.01% 2.07%
Fairway Independent Mort Corp 19, 0.03% 7.77%
New American Funding 20, 0.03% 2.88%
Guild Mortgage Company 21, 0.05% 6.02%
Mortgage Solutions of Colorado 22, 0.07% 0.63%
Legacy Mutual Mortgage 23, 0.08% 1.50%
Academy Mortgage Corporation 24, 0.18% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alpine Bank 1, -0.22% 3.68%
Coloramo Federal Credit Union 2, -0.21% 3.54%
Northpointe Bank 3, -0.17% 2.85%
Credit Union of Colorado 4, -0.16% 2.15%
Land Home Financial Services Inc 5, -0.10% 1.60%
Gershman Investment Corp 6, -0.07% 1.25%
LoanDepot 7, -0.04% 1.88%
Caliber Home Loans Inc 8, -0.03% 2.50%
Bay Equity 9, -0.03% 16.25%
Primary Residential Mortgage Inc 10, -0.03% 2.08%
Cherry Creek Mortgage Co Inc 11, -0.02% 1.39%
Amcap Mortgage Ltd 12, -0.02% 2.43%
Fairway Independent Mort Corp 13, -0.01% 5.21%
Legacy Mutual Mortgage 14, -0.00% 2.08%
Guild Mortgage Company 15, -0.00% 5.56%
Universal Lending Corporation 16, 0.00% 1.04%
Usaa Federal Savings Bank 17, 0.01% 0.28%
New American Funding 18, 0.03% 2.71%
Mortgage Solutions of Colorado 19, 0.04% 1.53%
Us Bank 20, 0.05% 2.57%
Academy Mortgage Corporation 21, 0.06% 15.76%
Freedom Mortgage Corporation 22, 0.07% 0.69%
Bank of Colorado 23, 0.08% 2.15%
Wells Fargo Bank 24, 0.09% 5.07%
Quicken Loans 25, 0.11% 13.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bay Equity 1, -0.07% 22.36%
Amcap Mortgage Ltd 2, -0.05% 7.27%
Cherry Creek Mortgage Co Inc 3, -0.04% 1.93%
Land Home Financial Services Inc 4, -0.02% 0.09%
Quicken Loans 5, -0.02% 3.96%
Fairway Independent Mort Corp 6, -0.02% 14.63%
Bank of Colorado 7, -0.02% 1.20%
Primary Residential Mortgage Inc 8, -0.01% 4.51%
Caliber Home Loans Inc 9, 0.00% 1.47%
Us Bank 10, 0.01% 0.55%
Freedom Mortgage Corporation 11, 0.01% 1.10%
Universal Lending Corporation 12, 0.02% 0.92%
Northpointe Bank 13, 0.02% 3.96%
Guild Mortgage Company 14, 0.02% 4.78%
New American Funding 15, 0.03% 2.76%
Legacy Mutual Mortgage 16, 0.03% 3.50%
LoanDepot 17, 0.03% 0.37%
Alpine Bank 18, 0.04% 0.55%
Mortgage Solutions of Colorado 19, 0.08% 4.32%
Academy Mortgage Corporation 20, 0.08% 19.78%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bay Equity 1, -0.08% 24.81%
Amcap Mortgage Ltd 2, -0.07% 8.19%
Quicken Loans 3, -0.06% 1.26%
Cherry Creek Mortgage Co Inc 4, -0.05% 2.39%
Land Home Financial Services Inc 5, -0.03% 0.13%
Bank of Colorado 6, -0.02% 1.51%
Primary Residential Mortgage Inc 7, -0.02% 4.41%
Us Bank 8, -0.01% 0.25%
Fairway Independent Mort Corp 9, -0.01% 14.11%
Universal Lending Corporation 10, 0.01% 1.13%
Guild Mortgage Company 11, 0.01% 4.79%
Legacy Mutual Mortgage 12, 0.02% 3.65%
Caliber Home Loans Inc 13, 0.03% 0.88%
Alpine Bank 14, 0.03% 0.76%
Northpointe Bank 15, 0.04% 4.16%
New American Funding 16, 0.04% 2.14%
Mortgage Solutions of Colorado 17, 0.05% 3.40%
Academy Mortgage Corporation 18, 0.10% 22.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northpointe Bank 1, -0.07% 3.41%
Fairway Independent Mort Corp 2, -0.04% 16.04%
Academy Mortgage Corporation 3, -0.02% 13.65%
Bay Equity 4, -0.02% 15.70%
Caliber Home Loans Inc 5, -0.01% 3.07%
Cherry Creek Mortgage Co Inc 6, -0.01% 0.68%
Quicken Loans 7, 0.00% 11.26%
New American Funding 8, 0.01% 4.44%
Amcap Mortgage Ltd 9, 0.01% 4.78%
Bank of Colorado 10, 0.02% 0.34%
Primary Residential Mortgage Inc 11, 0.02% 4.78%
Freedom Mortgage Corporation 12, 0.02% 4.10%
Us Bank 13, 0.03% 1.37%
Universal Lending Corporation 14, 0.03% 0.34%
Legacy Mutual Mortgage 15, 0.04% 3.07%
LoanDepot 16, 0.05% 1.37%
Guild Mortgage Company 17, 0.05% 4.78%
Mortgage Solutions of Colorado 18, 0.12% 6.83%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.02% 29.03%
Credit Union of Colorado 2, -0.01% 3.23%
Caliber Home Loans Inc 3, -0.00% 6.45%
Us Bank 4, -0.00% 12.90%
Bank of Colorado 5, 0.00% 3.23%
Land Home Financial Services Inc 6, 0.01% 3.23%
Bay Equity 7, 0.01% 12.90%
Academy Mortgage Corporation 8, 0.01% 22.58%
Primary Residential Mortgage Inc 9, 0.02% 3.23%
Mortgage Solutions of Colorado 10, 0.03% 3.23%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.02% 50.00%
Us Bank 2, -0.00% 6.25%
Caliber Home Loans Inc 3, 0.00% 6.25%
Primary Residential Mortgage Inc 4, 0.02% 6.25%
Bay Equity 5, 0.02% 12.50%
Academy Mortgage Corporation 6, 0.03% 18.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Credit Union of Colorado 1, -0.01% 6.67%
Caliber Home Loans Inc 2, -0.00% 6.67%
Us Bank 3, -0.00% 20.00%
Wells Fargo Bank 4, -0.00% 6.67%
Academy Mortgage Corporation 5, -0.00% 26.67%
Bank of Colorado 6, -0.00% 6.67%
Bay Equity 7, 0.00% 13.33%
Land Home Financial Services Inc 8, 0.01% 6.67%
Mortgage Solutions of Colorado 9, 0.02% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northpointe Bank 1, -0.11% 4.35%
Caliber Home Loans Inc 2, -0.07% 3.56%
Wells Fargo Bank 3, -0.07% 1.98%
Alpine Bank 4, -0.06% 1.19%
Gershman Investment Corp 5, -0.05% 1.19%
Cherry Creek Mortgage Co Inc 6, -0.05% 1.58%
LoanDepot 7, -0.04% 3.75%
Usaa Federal Savings Bank 8, -0.04% 5.34%
Fairway Independent Mort Corp 9, -0.04% 5.14%
Bank of Colorado 10, -0.03% 2.17%
New American Funding 11, -0.02% 3.95%
Guild Mortgage Company 12, -0.01% 4.15%
Us Bank 13, -0.00% 0.59%
Amcap Mortgage Ltd 14, 0.00% 3.95%
Freedom Mortgage Corporation 15, 0.00% 1.78%
Bay Equity 16, 0.01% 22.13%
Legacy Mutual Mortgage 17, 0.01% 1.38%
Universal Lending Corporation 18, 0.02% 0.99%
Primary Residential Mortgage Inc 19, 0.02% 4.35%
Quicken Loans 20, 0.05% 4.55%
Academy Mortgage Corporation 21, 0.05% 16.01%
Mortgage Solutions of Colorado 22, 0.08% 5.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northpointe Bank 1, -0.08% 1.89%
Cherry Creek Mortgage Co Inc 2, -0.08% 1.89%
Wells Fargo Bank 3, -0.08% 3.77%
Alpine Bank 4, -0.07% 1.51%
Quicken Loans 5, -0.05% 1.51%
Fairway Independent Mort Corp 6, -0.05% 6.04%
Usaa Federal Savings Bank 7, -0.04% 6.79%
Gershman Investment Corp 8, -0.04% 0.75%
Bank of Colorado 9, -0.04% 2.26%
Freedom Mortgage Corporation 10, -0.03% 0.38%
Amcap Mortgage Ltd 11, -0.03% 4.91%
Guild Mortgage Company 12, -0.03% 2.64%
Us Bank 13, -0.02% 0.38%
Caliber Home Loans Inc 14, 0.00% 0.38%
Universal Lending Corporation 15, 0.00% 0.75%
Legacy Mutual Mortgage 16, 0.01% 2.64%
New American Funding 17, 0.01% 3.77%
Bay Equity 18, 0.02% 28.68%
Primary Residential Mortgage Inc 19, 0.02% 4.91%
Academy Mortgage Corporation 20, 0.04% 20.38%
Mortgage Solutions of Colorado 21, 0.08% 3.77%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northpointe Bank 1, -0.11% 7.05%
Caliber Home Loans Inc 2, -0.07% 7.05%
Gershman Investment Corp 3, -0.06% 1.66%
New American Funding 4, -0.06% 4.15%
Alpine Bank 5, -0.04% 0.83%
Usaa Federal Savings Bank 6, -0.04% 3.73%
LoanDepot 7, -0.03% 7.88%
Fairway Independent Mort Corp 8, -0.02% 4.15%
Bank of Colorado 9, -0.01% 2.07%
Cherry Creek Mortgage Co Inc 10, -0.01% 1.24%
Bay Equity 11, -0.00% 14.94%
Guild Mortgage Company 12, -0.00% 5.81%
Us Bank 13, 0.01% 0.83%
Freedom Mortgage Corporation 14, 0.01% 3.32%
Primary Residential Mortgage Inc 15, 0.02% 3.73%
Universal Lending Corporation 16, 0.03% 1.24%
Amcap Mortgage Ltd 17, 0.05% 2.90%
Academy Mortgage Corporation 18, 0.06% 11.20%
Quicken Loans 19, 0.07% 7.88%
Mortgage Solutions of Colorado 20, 0.08% 8.30%

* Data is compiled for the Grand Junction, CO commuting zone area, which comprises of county of Mesa County, CO. This includes cities/towns/communities of Grand Junction, CO as well as Clifton, CO, Fruita, CO, Redlands, CO, Orchard Mesa, CO, Palisade, CO, and Collbran, 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.

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