Top Mortgage Lenders in the Toledo, OH area

Which mortgage lender in the Toledo, OH 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 Toledo, OH 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 Toledo, OH area is First Federal Bank of the Midwest, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.21%. This means that First Federal Bank of the Midwest provided a -0.21% lower interest rate for its customers than other lenders in Toledo, OH for a similar set of borrowers. First Federal Bank of the Midwest has a market share of 3.4%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 11.5%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.15% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Toledo, OH 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 Toledo, OH is First Federal Bank of the Midwest. 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 Bank of America. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Huntington National Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. 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
First Federal Bank of the Midwest 1, -0.21% 3.36%
The State Bank and Trust Company 2, -0.14% 1.52%
Huntington National Bank 3, -0.14% 11.14%
JPMorgan Chase Bank 4, -0.13% 1.47%
Glass City Federal Credit Union 5, -0.11% 0.66%
Fifth Third Bank, National Association 6, -0.10% 8.32%
First Federal Savings and Loan Association of Lakewood 7, -0.10% 1.53%
Superior Credit Union Inc 8, -0.10% 0.37%
KeyBank National Association 9, -0.09% 3.88%
Directions Credit Union 10, -0.08% 1.35%
Ruoff Home Mortgage 11, -0.07% 1.08%
Howard Hanna Mortgage Services 12, -0.06% 0.55%
Home Savings Bank 13, -0.06% 0.81%
The Union Bank Company 14, -0.06% 0.28%
First National Bank 15, -0.06% 0.56%
Bank of America 16, -0.06% 0.47%
Wells Fargo Bank 17, -0.05% 1.67%
Old National Bank 18, -0.04% 0.36%
Freedom Mortgage Corporation 19, -0.04% 0.60%
Navy Federal Credit Union 20, -0.04% 0.58%
First Merchants Bank 21, -0.04% 0.76%
Fairway Independent Mort Corp 22, -0.04% 2.60%
The Farmers & Merchants State Bank 23, -0.04% 0.48%
Usaa Federal Savings Bank 24, -0.03% 0.72%
The Genoa Banking Company 25, -0.02% 2.77%
Equity Resources Inc 26, -0.01% 4.41%
Mid America Mortgage Inc 27, -0.00% 3.14%
Citizens Bank 28, -0.00% 2.96%
Lakeview Loan Servicing 29, 0.01% 0.53%
Caliber Home Loans Inc 30, 0.01% 1.26%
Gold Star Mortgage Financial Group, Corporation 31, 0.01% 0.32%
Land Home Financial Services Inc 32, 0.02% 0.34%
VanDyk Mortgage Corporation 33, 0.02% 0.83%
LoanDepot 34, 0.03% 1.57%
Newrez 35, 0.04% 0.30%
New American Funding 36, 0.04% 0.35%
Carrington Mortgage Services 37, 0.04% 0.61%
Us Bank 38, 0.05% 1.35%
Ark-La-Tex Financial Services 39, 0.05% 1.94%
Sun Federal Credit Union 40, 0.05% 0.76%
Pnc Bank 41, 0.05% 2.26%
GVC Mortgage Inc 42, 0.08% 0.44%
Union Home Mortgage Company 43, 0.08% 6.63%
Mortgage 1 Incorporated 44, 0.09% 0.58%
Nations Lending Corporation 45, 0.13% 2.46%
Hometown Lenders INC 46, 0.14% 0.28%
Primelending 47, 0.14% 1.45%
Quicken Loans 48, 0.15% 11.51%
Hallmark Home Mortgage 49, 0.17% 1.12%
Flagstar Bank 50, 0.17% 1.12%
Nationstar Mortgage 51, 0.19% 0.89%
Amerifirst Financial Corporation 52, 0.37% 2.66%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.21% 10.65%
First Federal Bank of the Midwest 2, -0.17% 3.17%
JPMorgan Chase Bank 3, -0.16% 1.50%
Superior Credit Union Inc 4, -0.13% 0.37%
Fifth Third Bank, National Association 5, -0.13% 6.80%
KeyBank National Association 6, -0.13% 2.93%
Freedom Mortgage Corporation 7, -0.12% 0.60%
Glass City Federal Credit Union 8, -0.11% 0.66%
Bank of America 9, -0.10% 0.39%
The State Bank and Trust Company 10, -0.09% 1.41%
Wells Fargo Bank 11, -0.08% 2.03%
Ruoff Home Mortgage 12, -0.08% 1.46%
The Union Bank Company 13, -0.07% 0.37%
Howard Hanna Mortgage Services 14, -0.07% 0.83%
First National Bank 15, -0.06% 0.44%
Directions Credit Union 16, -0.05% 1.39%
The Genoa Banking Company 17, -0.05% 2.33%
First Merchants Bank 18, -0.05% 0.64%
Home Savings Bank 19, -0.05% 0.80%
First Federal Savings and Loan Association of Lakewood 20, -0.05% 1.57%
Navy Federal Credit Union 21, -0.05% 0.76%
Old National Bank 22, -0.04% 0.27%
Fairway Independent Mort Corp 23, -0.04% 3.63%
Usaa Federal Savings Bank 24, -0.04% 1.00%
Pnc Bank 25, -0.02% 1.63%
The Farmers & Merchants State Bank 26, -0.01% 0.43%
Gold Star Mortgage Financial Group, Corporation 27, -0.00% 0.41%
Equity Resources Inc 28, 0.00% 5.74%
Lakeview Loan Servicing 29, 0.01% 0.51%
Mid America Mortgage Inc 30, 0.02% 3.30%
VanDyk Mortgage Corporation 31, 0.02% 1.30%
Caliber Home Loans Inc 32, 0.03% 1.31%
Land Home Financial Services Inc 33, 0.03% 0.41%
LoanDepot 34, 0.04% 1.33%
New American Funding 35, 0.04% 0.34%
Us Bank 36, 0.05% 1.60%
Citizens Bank 37, 0.05% 3.00%
Ark-La-Tex Financial Services 38, 0.06% 2.76%
Sun Federal Credit Union 39, 0.07% 0.47%
Newrez 40, 0.07% 0.26%
GVC Mortgage Inc 41, 0.08% 0.64%
Mortgage 1 Incorporated 42, 0.11% 0.77%
Quicken Loans 43, 0.11% 7.43%
Carrington Mortgage Services 44, 0.11% 0.20%
Union Home Mortgage Company 45, 0.13% 8.13%
Hometown Lenders INC 46, 0.14% 0.24%
Nationstar Mortgage 47, 0.15% 0.47%
Nations Lending Corporation 48, 0.15% 2.38%
Primelending 49, 0.17% 1.96%
Hallmark Home Mortgage 50, 0.19% 1.60%
Flagstar Bank 51, 0.20% 1.47%
Amerifirst Financial Corporation 52, 0.40% 3.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.26% 3.66%
The State Bank and Trust Company 2, -0.21% 1.70%
First Federal Savings and Loan Association of Lakewood 3, -0.19% 1.47%
Glass City Federal Credit Union 4, -0.12% 0.68%
Directions Credit Union 5, -0.12% 1.31%
Citizens Bank 6, -0.09% 2.89%
Equity Resources Inc 7, -0.09% 2.24%
Fifth Third Bank, National Association 8, -0.08% 10.81%
JPMorgan Chase Bank 9, -0.08% 1.42%
Home Savings Bank 10, -0.07% 0.84%
The Farmers & Merchants State Bank 11, -0.07% 0.56%
Union Home Mortgage Company 12, -0.06% 4.19%
First National Bank 13, -0.05% 0.75%
KeyBank National Association 14, -0.05% 5.43%
Superior Credit Union Inc 15, -0.05% 0.37%
Old National Bank 16, -0.05% 0.51%
Mid America Mortgage Inc 17, -0.04% 2.89%
Huntington National Bank 18, -0.03% 11.93%
Land Home Financial Services Inc 19, -0.03% 0.21%
First Merchants Bank 20, -0.03% 0.96%
Fairway Independent Mort Corp 21, -0.02% 0.93%
Caliber Home Loans Inc 22, -0.02% 1.17%
Ark-La-Tex Financial Services 23, -0.02% 0.61%
Navy Federal Credit Union 24, -0.01% 0.30%
Ruoff Home Mortgage 25, -0.01% 0.47%
The Union Bank Company 26, -0.01% 0.14%
Bank of America 27, -0.00% 0.61%
Newrez 28, -0.00% 0.37%
Amerifirst Financial Corporation 29, -0.00% 0.58%
Usaa Federal Savings Bank 30, 0.00% 0.26%
Primelending 31, 0.01% 0.63%
Mortgage 1 Incorporated 32, 0.01% 0.26%
Lakeview Loan Servicing 33, 0.01% 0.56%
The Genoa Banking Company 34, 0.01% 3.50%
Howard Hanna Mortgage Services 35, 0.02% 0.09%
LoanDepot 36, 0.02% 1.96%
Carrington Mortgage Services 37, 0.02% 1.28%
Hallmark Home Mortgage 38, 0.02% 0.33%
New American Funding 39, 0.03% 0.37%
Us Bank 40, 0.04% 0.96%
Sun Federal Credit Union 41, 0.04% 1.24%
VanDyk Mortgage Corporation 42, 0.04% 0.07%
Flagstar Bank 43, 0.05% 0.56%
Wells Fargo Bank 44, 0.06% 1.10%
GVC Mortgage Inc 45, 0.06% 0.12%
Freedom Mortgage Corporation 46, 0.09% 0.61%
Gold Star Mortgage Financial Group, Corporation 47, 0.09% 0.16%
Nations Lending Corporation 48, 0.09% 2.59%
Pnc Bank 49, 0.12% 3.29%
Hometown Lenders INC 50, 0.14% 0.35%
Quicken Loans 51, 0.17% 18.18%
Nationstar Mortgage 52, 0.21% 1.58%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.21% 4.42%
The State Bank and Trust Company 2, -0.15% 1.88%
JPMorgan Chase Bank 3, -0.13% 1.88%
Glass City Federal Credit Union 4, -0.11% 0.88%
First Federal Savings and Loan Association of Lakewood 5, -0.11% 1.85%
Fifth Third Bank, National Association 6, -0.10% 9.92%
Superior Credit Union Inc 7, -0.10% 0.49%
Ruoff Home Mortgage 8, -0.09% 1.12%
Howard Hanna Mortgage Services 9, -0.09% 0.50%
KeyBank National Association 10, -0.09% 4.65%
Directions Credit Union 11, -0.08% 1.79%
The Union Bank Company 12, -0.07% 0.33%
Fairway Independent Mort Corp 13, -0.06% 2.41%
Home Savings Bank 14, -0.06% 0.96%
Huntington National Bank 15, -0.06% 11.89%
Bank of America 16, -0.06% 0.60%
First National Bank 17, -0.06% 0.74%
Wells Fargo Bank 18, -0.05% 2.12%
Old National Bank 19, -0.05% 0.48%
First Merchants Bank 20, -0.04% 0.96%
The Farmers & Merchants State Bank 21, -0.04% 0.63%
The Genoa Banking Company 22, -0.02% 3.64%
Mid America Mortgage Inc 23, -0.01% 3.20%
Citizens Bank 24, -0.00% 3.11%
Gold Star Mortgage Financial Group, Corporation 25, 0.01% 0.33%
Land Home Financial Services Inc 26, 0.02% 0.33%
Equity Resources Inc 27, 0.02% 3.57%
LoanDepot 28, 0.02% 1.10%
Usaa Federal Savings Bank 29, 0.02% 0.22%
VanDyk Mortgage Corporation 30, 0.04% 0.53%
Newrez 31, 0.04% 0.34%
New American Funding 32, 0.04% 0.19%
Freedom Mortgage Corporation 33, 0.05% 0.18%
Us Bank 34, 0.05% 1.52%
Sun Federal Credit Union 35, 0.05% 1.01%
Lakeview Loan Servicing 36, 0.06% 0.36%
Pnc Bank 37, 0.06% 2.83%
Mortgage 1 Incorporated 38, 0.06% 0.37%
Caliber Home Loans Inc 39, 0.06% 0.75%
Ark-La-Tex Financial Services 40, 0.07% 1.56%
Union Home Mortgage Company 41, 0.08% 6.63%
Carrington Mortgage Services 42, 0.11% 0.12%
GVC Mortgage Inc 43, 0.13% 0.26%
Navy Federal Credit Union 44, 0.13% 0.30%
Hometown Lenders INC 45, 0.13% 0.20%
Primelending 46, 0.14% 1.25%
Flagstar Bank 47, 0.14% 0.64%
Hallmark Home Mortgage 48, 0.18% 1.10%
Quicken Loans 49, 0.21% 9.89%
Nationstar Mortgage 50, 0.24% 0.49%
Nations Lending Corporation 51, 0.26% 1.35%
Amerifirst Financial Corporation 52, 0.27% 2.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.17% 4.44%
JPMorgan Chase Bank 2, -0.17% 2.01%
KeyBank National Association 3, -0.14% 3.48%
Superior Credit Union Inc 4, -0.13% 0.52%
Fifth Third Bank, National Association 5, -0.12% 8.08%
Ruoff Home Mortgage 6, -0.12% 1.55%
Bank of America 7, -0.11% 0.52%
Glass City Federal Credit Union 8, -0.11% 0.92%
Howard Hanna Mortgage Services 9, -0.10% 0.80%
The State Bank and Trust Company 10, -0.10% 1.81%
Huntington National Bank 11, -0.09% 11.14%
Wells Fargo Bank 12, -0.09% 2.71%
The Union Bank Company 13, -0.09% 0.46%
Fairway Independent Mort Corp 14, -0.07% 3.52%
First National Bank 15, -0.06% 0.62%
First Merchants Bank 16, -0.06% 0.82%
Directions Credit Union 17, -0.06% 1.95%
The Genoa Banking Company 18, -0.06% 3.28%
Home Savings Bank 19, -0.06% 0.92%
First Federal Savings and Loan Association of Lakewood 20, -0.05% 1.95%
Old National Bank 21, -0.05% 0.38%
Pnc Bank 22, -0.03% 2.07%
Gold Star Mortgage Financial Group, Corporation 23, -0.02% 0.42%
The Farmers & Merchants State Bank 24, -0.01% 0.60%
Mid America Mortgage Inc 25, 0.01% 3.26%
LoanDepot 26, 0.01% 0.88%
Usaa Federal Savings Bank 27, 0.01% 0.32%
Freedom Mortgage Corporation 28, 0.02% 0.16%
Land Home Financial Services Inc 29, 0.03% 0.44%
VanDyk Mortgage Corporation 30, 0.03% 0.84%
New American Funding 31, 0.03% 0.14%
Nationstar Mortgage 32, 0.04% 0.08%
Equity Resources Inc 33, 0.05% 4.78%
Us Bank 34, 0.05% 1.81%
Caliber Home Loans Inc 35, 0.06% 0.98%
Lakeview Loan Servicing 36, 0.06% 0.44%
Sun Federal Credit Union 37, 0.06% 0.66%
Citizens Bank 38, 0.07% 3.02%
Mortgage 1 Incorporated 39, 0.08% 0.48%
Ark-La-Tex Financial Services 40, 0.08% 2.23%
Newrez 41, 0.08% 0.28%
Union Home Mortgage Company 42, 0.13% 8.04%
Hometown Lenders INC 43, 0.13% 0.18%
GVC Mortgage Inc 44, 0.14% 0.36%
Navy Federal Credit Union 45, 0.16% 0.42%
Primelending 46, 0.17% 1.73%
Flagstar Bank 47, 0.18% 0.78%
Quicken Loans 48, 0.18% 6.39%
Hallmark Home Mortgage 49, 0.20% 1.65%
Amerifirst Financial Corporation 50, 0.30% 3.22%
Nations Lending Corporation 51, 0.30% 1.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.26% 4.39%
The State Bank and Trust Company 2, -0.21% 1.99%
First Federal Savings and Loan Association of Lakewood 3, -0.19% 1.71%
Glass City Federal Credit Union 4, -0.12% 0.81%
Directions Credit Union 5, -0.11% 1.57%
Equity Resources Inc 6, -0.10% 1.87%
Citizens Bank 7, -0.09% 3.24%
Fifth Third Bank, National Association 8, -0.08% 12.48%
JPMorgan Chase Bank 9, -0.07% 1.71%
Home Savings Bank 10, -0.07% 1.01%
The Farmers & Merchants State Bank 11, -0.07% 0.67%
Union Home Mortgage Company 12, -0.06% 4.67%
KeyBank National Association 13, -0.05% 6.29%
First National Bank 14, -0.05% 0.90%
Superior Credit Union Inc 15, -0.05% 0.45%
Old National Bank 16, -0.04% 0.62%
Mid America Mortgage Inc 17, -0.04% 3.13%
Land Home Financial Services Inc 18, -0.04% 0.17%
Fairway Independent Mort Corp 19, -0.03% 0.87%
First Merchants Bank 20, -0.02% 1.15%
Ark-La-Tex Financial Services 21, -0.02% 0.62%
Huntington National Bank 22, -0.02% 12.95%
Ruoff Home Mortgage 23, -0.01% 0.53%
The Union Bank Company 24, -0.01% 0.14%
Bank of America 25, -0.00% 0.70%
Amerifirst Financial Corporation 26, -0.00% 0.64%
Newrez 27, -0.00% 0.42%
Mortgage 1 Incorporated 28, 0.00% 0.22%
Navy Federal Credit Union 29, 0.01% 0.14%
Primelending 30, 0.01% 0.59%
Howard Hanna Mortgage Services 31, 0.01% 0.08%
The Genoa Banking Company 32, 0.02% 4.14%
LoanDepot 33, 0.03% 1.40%
Hallmark Home Mortgage 34, 0.03% 0.34%
Lakeview Loan Servicing 35, 0.03% 0.25%
Us Bank 36, 0.04% 1.12%
Usaa Federal Savings Bank 37, 0.04% 0.08%
Sun Federal Credit Union 38, 0.05% 1.48%
VanDyk Mortgage Corporation 39, 0.05% 0.08%
Flagstar Bank 40, 0.05% 0.45%
New American Funding 41, 0.06% 0.25%
Caliber Home Loans Inc 42, 0.06% 0.42%
Wells Fargo Bank 43, 0.06% 1.29%
GVC Mortgage Inc 44, 0.08% 0.11%
Freedom Mortgage Corporation 45, 0.08% 0.20%
Gold Star Mortgage Financial Group, Corporation 46, 0.09% 0.20%
Carrington Mortgage Services 47, 0.11% 0.28%
Pnc Bank 48, 0.13% 3.89%
Hometown Lenders INC 49, 0.13% 0.22%
Nations Lending Corporation 50, 0.18% 1.26%
Quicken Loans 51, 0.24% 14.77%
Nationstar Mortgage 52, 0.26% 1.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.53% 10.02%
Fifth Third Bank, National Association 2, -0.17% 3.31%
Freedom Mortgage Corporation 3, -0.10% 1.61%
KeyBank National Association 4, -0.09% 1.41%
First Federal Savings and Loan Association of Lakewood 5, -0.07% 0.39%
Equity Resources Inc 6, -0.07% 6.86%
Home Savings Bank 7, -0.06% 0.34%
Lakeview Loan Servicing 8, -0.04% 1.22%
The State Bank and Trust Company 9, -0.02% 0.49%
Caliber Home Loans Inc 10, -0.01% 2.53%
Howard Hanna Mortgage Services 11, -0.01% 0.63%
First Merchants Bank 12, -0.01% 0.10%
First Federal Bank of the Midwest 13, -0.00% 0.05%
Pnc Bank 14, -0.00% 0.24%
Quicken Loans 15, -0.00% 16.88%
The Union Bank Company 16, 0.00% 0.15%
Citizens Bank 17, 0.00% 2.72%
Carrington Mortgage Services 18, 0.01% 2.14%
Mid America Mortgage Inc 19, 0.01% 2.77%
Ark-La-Tex Financial Services 20, 0.02% 3.50%
VanDyk Mortgage Corporation 21, 0.02% 2.29%
Us Bank 22, 0.02% 0.54%
Fairway Independent Mort Corp 23, 0.02% 3.36%
Bank of America 24, 0.02% 0.05%
Ruoff Home Mortgage 25, 0.02% 1.02%
Navy Federal Credit Union 26, 0.02% 0.05%
Newrez 27, 0.02% 0.19%
Land Home Financial Services Inc 28, 0.03% 0.24%
GVC Mortgage Inc 29, 0.04% 1.12%
Nations Lending Corporation 30, 0.04% 7.20%
New American Funding 31, 0.04% 1.02%
Gold Star Mortgage Financial Group, Corporation 32, 0.05% 0.34%
Wells Fargo Bank 33, 0.06% 0.15%
LoanDepot 34, 0.08% 2.43%
Mortgage 1 Incorporated 35, 0.13% 1.61%
Union Home Mortgage Company 36, 0.14% 7.10%
Hometown Lenders INC 37, 0.15% 0.73%
Nationstar Mortgage 38, 0.16% 2.48%
Hallmark Home Mortgage 39, 0.17% 1.31%
Primelending 40, 0.20% 1.75%
Flagstar Bank 41, 0.24% 2.82%
Amerifirst Financial Corporation 42, 0.61% 4.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.61% 10.78%
Freedom Mortgage Corporation 2, -0.21% 1.32%
Fifth Third Bank, National Association 3, -0.19% 3.78%
KeyBank National Association 4, -0.11% 1.45%
Lakeview Loan Servicing 5, -0.09% 0.82%
Equity Resources Inc 6, -0.07% 8.19%
First Federal Savings and Loan Association of Lakewood 7, -0.06% 0.50%
Home Savings Bank 8, -0.05% 0.44%
The State Bank and Trust Company 9, -0.02% 0.50%
Quicken Loans 10, -0.01% 10.71%
Howard Hanna Mortgage Services 11, -0.00% 0.82%
First Merchants Bank 12, -0.00% 0.13%
Caliber Home Loans Inc 13, 0.00% 2.02%
The Union Bank Company 14, 0.00% 0.13%
First Federal Bank of the Midwest 15, 0.00% 0.06%
Pnc Bank 16, 0.00% 0.32%
Citizens Bank 17, 0.01% 3.34%
Mid America Mortgage Inc 18, 0.02% 3.28%
Ark-La-Tex Financial Services 19, 0.02% 4.35%
VanDyk Mortgage Corporation 20, 0.02% 2.96%
Us Bank 21, 0.02% 0.63%
Fairway Independent Mort Corp 22, 0.02% 3.91%
Bank of America 23, 0.03% 0.06%
Ruoff Home Mortgage 24, 0.03% 1.32%
Newrez 25, 0.03% 0.19%
Nations Lending Corporation 26, 0.04% 5.61%
GVC Mortgage Inc 27, 0.04% 1.39%
Gold Star Mortgage Financial Group, Corporation 28, 0.05% 0.44%
New American Funding 29, 0.06% 1.07%
Land Home Financial Services Inc 30, 0.06% 0.19%
Wells Fargo Bank 31, 0.07% 0.19%
LoanDepot 32, 0.08% 2.46%
Carrington Mortgage Services 33, 0.12% 0.38%
Mortgage 1 Incorporated 34, 0.14% 1.89%
Union Home Mortgage Company 35, 0.15% 8.70%
Hometown Lenders INC 36, 0.16% 0.50%
Hallmark Home Mortgage 37, 0.18% 1.70%
Nationstar Mortgage 38, 0.18% 1.76%
Primelending 39, 0.22% 2.02%
Flagstar Bank 40, 0.25% 3.47%
Amerifirst Financial Corporation 41, 0.62% 6.24%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.15% 7.46%
Caliber Home Loans Inc 2, -0.03% 4.26%
Citizens Bank 3, -0.03% 0.64%
Mid America Mortgage Inc 4, -0.03% 1.07%
Fifth Third Bank, National Association 5, -0.03% 1.71%
Carrington Mortgage Services 6, -0.02% 8.10%
Union Home Mortgage Company 7, -0.02% 1.71%
The State Bank and Trust Company 8, -0.02% 0.43%
Land Home Financial Services Inc 9, -0.02% 0.43%
Equity Resources Inc 10, -0.01% 2.35%
Lakeview Loan Servicing 11, -0.01% 2.56%
Fairway Independent Mort Corp 12, -0.01% 1.49%
New American Funding 13, -0.01% 0.85%
KeyBank National Association 14, -0.01% 1.28%
Newrez 15, -0.00% 0.21%
Us Bank 16, -0.00% 0.21%
The Union Bank Company 17, -0.00% 0.21%
Quicken Loans 18, -0.00% 37.74%
Navy Federal Credit Union 19, 0.01% 0.21%
GVC Mortgage Inc 20, 0.01% 0.21%
Primelending 21, 0.02% 0.85%
Amerifirst Financial Corporation 22, 0.02% 0.21%
Nations Lending Corporation 23, 0.02% 12.58%
Ark-La-Tex Financial Services 24, 0.03% 0.64%
Mortgage 1 Incorporated 25, 0.04% 0.64%
Flagstar Bank 26, 0.06% 0.64%
LoanDepot 27, 0.07% 2.35%
Freedom Mortgage Corporation 28, 0.08% 2.56%
Hometown Lenders INC 29, 0.13% 1.49%
Nationstar Mortgage 30, 0.14% 4.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bank of America 1, -0.01% 2.94%
JPMorgan Chase Bank 2, -0.01% 11.76%
Citizens Bank 3, -0.01% 2.94%
Fifth Third Bank, National Association 4, -0.01% 26.47%
Huntington National Bank 5, -0.01% 11.76%
Pnc Bank 6, 0.00% 5.88%
First Federal Savings and Loan Association of Lakewood 7, 0.01% 5.88%
Wells Fargo Bank 8, 0.01% 2.94%
KeyBank National Association 9, 0.01% 17.65%
Home Savings Bank 10, 0.02% 2.94%
The Genoa Banking Company 11, 0.03% 5.88%
Flagstar Bank 12, 0.03% 2.94%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.01% 20.00%
Citizens Bank 2, -0.01% 5.00%
Huntington National Bank 3, -0.01% 15.00%
KeyBank National Association 4, 0.00% 20.00%
Fifth Third Bank, National Association 5, 0.01% 20.00%
Wells Fargo Bank 6, 0.01% 5.00%
First Federal Savings and Loan Association of Lakewood 7, 0.01% 5.00%
Home Savings Bank 8, 0.02% 5.00%
Flagstar Bank 9, 0.03% 5.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Fifth Third Bank, National Association 1, -0.02% 35.71%
Bank of America 2, -0.01% 7.14%
Huntington National Bank 3, -0.00% 7.14%
First Federal Savings and Loan Association of Lakewood 4, 0.00% 7.14%
Pnc Bank 5, 0.00% 14.29%
KeyBank National Association 6, 0.02% 14.29%
The Genoa Banking Company 7, 0.03% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.17% 5.96%
Caliber Home Loans Inc 2, -0.07% 3.98%
Usaa Federal Savings Bank 3, -0.06% 9.48%
Equity Resources Inc 4, -0.05% 7.95%
Huntington National Bank 5, -0.05% 4.74%
Freedom Mortgage Corporation 6, -0.02% 3.06%
Citizens Bank 7, -0.02% 1.68%
Pnc Bank 8, -0.02% 0.92%
First Federal Savings and Loan Association of Lakewood 9, -0.02% 0.76%
Home Savings Bank 10, -0.01% 0.31%
LoanDepot 11, -0.01% 5.05%
Land Home Financial Services Inc 12, -0.01% 0.76%
Fifth Third Bank, National Association 13, -0.01% 2.29%
First Merchants Bank 14, -0.01% 0.31%
Union Home Mortgage Company 15, -0.00% 5.50%
Wells Fargo Bank 16, -0.00% 0.61%
The State Bank and Trust Company 17, 0.00% 0.15%
Lakeview Loan Servicing 18, 0.00% 0.61%
New American Funding 19, 0.00% 0.46%
KeyBank National Association 20, 0.01% 0.76%
Mid America Mortgage Inc 21, 0.01% 3.67%
Newrez 22, 0.01% 0.15%
Gold Star Mortgage Financial Group, Corporation 23, 0.01% 0.15%
Ark-La-Tex Financial Services 24, 0.01% 2.14%
Us Bank 25, 0.02% 1.83%
Howard Hanna Mortgage Services 26, 0.02% 0.92%
Nations Lending Corporation 27, 0.02% 2.29%
JPMorgan Chase Bank 28, 0.02% 0.15%
The Union Bank Company 29, 0.02% 0.15%
Hallmark Home Mortgage 30, 0.02% 0.76%
Ruoff Home Mortgage 31, 0.03% 0.76%
VanDyk Mortgage Corporation 32, 0.03% 0.31%
Fairway Independent Mort Corp 33, 0.03% 2.91%
GVC Mortgage Inc 34, 0.04% 0.76%
Flagstar Bank 35, 0.04% 1.99%
Primelending 36, 0.05% 3.21%
Quicken Loans 37, 0.09% 16.36%
Carrington Mortgage Services 38, 0.09% 2.29%
Nationstar Mortgage 39, 0.10% 1.22%
Amerifirst Financial Corporation 40, 0.11% 2.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.18% 7.60%
Freedom Mortgage Corporation 2, -0.06% 3.09%
Usaa Federal Savings Bank 3, -0.05% 12.83%
Huntington National Bank 4, -0.02% 4.28%
Caliber Home Loans Inc 5, -0.02% 2.61%
Equity Resources Inc 6, -0.01% 8.08%
First Federal Savings and Loan Association of Lakewood 7, -0.01% 0.95%
Pnc Bank 8, -0.01% 1.43%
Home Savings Bank 9, -0.00% 0.48%
Land Home Financial Services Inc 10, -0.00% 0.95%
Fifth Third Bank, National Association 11, 0.00% 2.38%
Citizens Bank 12, 0.00% 1.43%
Wells Fargo Bank 13, 0.00% 0.71%
First Merchants Bank 14, 0.00% 0.48%
Union Home Mortgage Company 15, 0.00% 7.36%
Lakeview Loan Servicing 16, 0.01% 0.24%
The State Bank and Trust Company 17, 0.01% 0.24%
KeyBank National Association 18, 0.02% 1.19%
Newrez 19, 0.02% 0.24%
Gold Star Mortgage Financial Group, Corporation 20, 0.02% 0.24%
Nationstar Mortgage 21, 0.02% 0.24%
Ark-La-Tex Financial Services 22, 0.02% 3.09%
Us Bank 23, 0.03% 2.85%
Howard Hanna Mortgage Services 24, 0.03% 1.19%
JPMorgan Chase Bank 25, 0.03% 0.24%
The Union Bank Company 26, 0.03% 0.24%
LoanDepot 27, 0.03% 2.38%
Ruoff Home Mortgage 28, 0.04% 0.95%
VanDyk Mortgage Corporation 29, 0.04% 0.48%
Mid America Mortgage Inc 30, 0.04% 4.04%
Fairway Independent Mort Corp 31, 0.04% 4.04%
Hallmark Home Mortgage 32, 0.05% 0.71%
GVC Mortgage Inc 33, 0.05% 1.19%
Nations Lending Corporation 34, 0.06% 1.90%
Flagstar Bank 35, 0.06% 1.90%
Primelending 36, 0.07% 4.51%
Quicken Loans 37, 0.07% 7.60%
Carrington Mortgage Services 38, 0.12% 1.90%
Amerifirst Financial Corporation 39, 0.13% 3.80%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.12% 6.44%
Equity Resources Inc 2, -0.11% 7.73%
Huntington National Bank 3, -0.08% 5.58%
Navy Federal Credit Union 4, -0.06% 3.00%
Mid America Mortgage Inc 5, -0.06% 3.00%
Citizens Bank 6, -0.05% 2.15%
LoanDepot 7, -0.04% 9.87%
Usaa Federal Savings Bank 8, -0.04% 3.43%
Nations Lending Corporation 9, -0.03% 3.00%
Fifth Third Bank, National Association 10, -0.03% 2.15%
Land Home Financial Services Inc 11, -0.02% 0.43%
Lakeview Loan Servicing 12, -0.01% 1.29%
New American Funding 13, -0.01% 1.29%
First Federal Savings and Loan Association of Lakewood 14, -0.01% 0.43%
Hallmark Home Mortgage 15, -0.01% 0.86%
Primelending 16, -0.01% 0.86%
Union Home Mortgage Company 17, -0.01% 2.15%
Amerifirst Financial Corporation 18, -0.01% 0.43%
Ark-La-Tex Financial Services 19, -0.00% 0.43%
Wells Fargo Bank 20, -0.00% 0.43%
Howard Hanna Mortgage Services 21, 0.00% 0.43%
Flagstar Bank 22, 0.01% 2.15%
Ruoff Home Mortgage 23, 0.01% 0.43%
Fairway Independent Mort Corp 24, 0.01% 0.86%
Freedom Mortgage Corporation 25, 0.05% 3.00%
Carrington Mortgage Services 26, 0.05% 3.00%
Quicken Loans 27, 0.09% 32.19%
Nationstar Mortgage 28, 0.09% 3.00%

* Data is compiled for the Toledo, OH commuting zone area, which comprises of counties of Monroe County, MI, Lucas County, OH, Ottawa County, OH, Sandusky County, OH, and Wood County, OH. This includes cities/towns/communities of Toledo, OH as well as Sylvania, OH, Maumee, OH, Perrysburg, OH, Monroe, MI, Lambertville, MI, Bowling Green, OH, Oregon, OH, Temperance, MI, Holland, OH, Haskins, OH, Rossford, OH, South Monroe, MI, Dundee, MI, Whitehouse, OH, Port Clinton, OH, Waterville, OH, Estral Beach, MI, Ottawa Hills, OH, Millbury, OH, Stony Point, MI, Fremont, OH, Northwood, OH, Detroit Beach, MI, Maybee, MI, Elmore, OH, Bellevue, OH, Clyde, OH, Curtice, OH, Marblehead, OH, Carleton, MI, Petersburg, MI, Grand Rapids, OH, Luckey, OH, West Monroe, MI, Milan, MI, Genoa, OH, Bloomdale, OH, Walbridge, OH, Bradner, OH, Luna Pier, MI, North Baltimore, OH, South Rockwood, MI, Pemberville, OH, Woodville, OH, Neapolis, OH, Gibsonburg, OH, Ballville, OH, Swanton, OH, Curtice, OH, and Weston, OH. 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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