Which mortgage lender in the Jacksonville, NC area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Jacksonville, NC area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Jacksonville, NC area in terms of interest rate is Caliber Home Loans, with an average “Rate Difference” of -0.19%. This means that, comparing similar borrowers, Caliber Home Loans provided a -0.19% lower interest rate for its customers than other lenders in the area. Caliber Home Loans has a market share of 2.0%. On the other hand, the most popular lender in the Jacksonville, NC area is Navy Federal Credit Union, with a larger market share of 20.5%. Navy Federal Credit Union is also a relatively cheap lender, with a “Rate Difference” of -0.13% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Jacksonville, NC 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, going by historical data, the cheapest lender for Conventional mortgages in Jacksonville, NC is On Q Financial. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Truist Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is PNC Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Jacksonville, NC
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Movement Mortgage | -0.03% | 3.60% | |
| Quicken Loans | -0.03% | 46.85% | |
| American Security Mortgage | -0.01% | 2.70% | |
| Guaranteed Rate | -0.01% | 4.50% | |
| PennyMac Loan Services | -0.00% | 6.31% | |
| Freedom Mortgage Corporation | -0.00% | 1.80% | |
| First Citizens Bank | 0.00% | 0.90% | |
| Navy Federal Credit Union | 0.01% | 0.90% | |
| West Town Bank & Trust | 0.02% | 0.90% | |
| Lakeview Loan Servicing | 0.02% | 6.31% | |
| Home Point Financial Corporation | 0.02% | 0.90% | |
| The Federal Savings Bank | 0.02% | 0.90% | |
| loanDepot | 0.03% | 4.50% | |
| AnnieMac Home Mortgage | 0.03% | 0.90% | |
| On Q Financial | 0.03% | 1.80% | |
| Caliber Home Loans | 0.03% | 2.70% | |
| Mr. Cooper | 0.05% | 6.31% | |
| Carrington Mortgage Services | 0.08% | 7.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Truist Bank | -0.03% | 36.99% | |
| Wells Fargo Bank | -0.01% | 10.96% | |
| Corporate Investors Mortgage Group | 0.00% | 5.48% | |
| SunTrust Bank | 0.01% | 4.11% | |
| PNC Bank | 0.01% | 4.11% | |
| First Citizens Bank | 0.02% | 12.33% | |
| Home Point Financial Corporation | 0.03% | 1.37% | |
| JPMorgan Chase Bank | 0.03% | 2.74% | |
| Movement Mortgage | 0.03% | 1.37% | |
| Stearns Home Loans | 0.03% | 2.74% | |
| Equity Resources | 0.04% | 1.37% | |
| Guaranteed Rate | 0.04% | 4.11% | |
| Navy Federal Credit Union | 0.04% | 4.11% | |
| Quicken Loans | 0.04% | 2.74% | |
| Angel Oak Home Loans | 0.05% | 1.37% | |
| Atlantic Bay Mortgage Group | 0.05% | 4.11% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Truist Bank | -0.03% | 35.42% | |
| Wells Fargo Bank | -0.03% | 12.50% | |
| Corporate Investors Mortgage Group | -0.00% | 6.25% | |
| First Citizens Bank | 0.00% | 10.42% | |
| SunTrust Bank | 0.00% | 4.17% | |
| JPMorgan Chase Bank | 0.02% | 2.08% | |
| PNC Bank | 0.02% | 2.08% | |
| Movement Mortgage | 0.03% | 2.08% | |
| Equity Resources | 0.04% | 2.08% | |
| Guaranteed Rate | 0.04% | 6.25% | |
| Stearns Home Loans | 0.04% | 2.08% | |
| Quicken Loans | 0.05% | 2.08% | |
| Navy Federal Credit Union | 0.05% | 4.17% | |
| Angel Oak Home Loans | 0.05% | 2.08% | |
| Atlantic Bay Mortgage Group | 0.05% | 6.25% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Truist Bank | -0.04% | 40.00% | |
| PNC Bank | 0.00% | 8.00% | |
| SunTrust Bank | 0.01% | 4.00% | |
| Corporate Investors Mortgage Group | 0.02% | 4.00% | |
| Navy Federal Credit Union | 0.02% | 4.00% | |
| Home Point Financial Corporation | 0.02% | 4.00% | |
| Stearns Home Loans | 0.03% | 4.00% | |
| Wells Fargo Bank | 0.03% | 8.00% | |
| JPMorgan Chase Bank | 0.03% | 4.00% | |
| First Citizens Bank | 0.03% | 16.00% | |
| Quicken Loans | 0.03% | 4.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Caliber Home Loans | -0.23% | 2.93% | |
| Navy Federal Credit Union | -0.21% | 34.25% | |
| Freedom Mortgage Corporation | -0.18% | 3.53% | |
| Guaranteed Rate | -0.04% | 4.34% | |
| DHI Mortgage Company Limited | -0.02% | 1.11% | |
| PennyMac Loan Services | -0.00% | 0.57% | |
| Home Point Financial Corporation | -0.00% | 0.34% | |
| Corporate Investors Mortgage Group | 0.01% | 0.30% | |
| SunTrust Bank | 0.03% | 0.03% | |
| Plaza Home Mortgage | 0.04% | 6.73% | |
| Truist Bank | 0.04% | 0.30% | |
| PNC Bank | 0.04% | 0.13% | |
| Stearns Home Loans | 0.04% | 2.02% | |
| The Federal Savings Bank | 0.04% | 0.03% | |
| First Citizens Bank | 0.04% | 0.13% | |
| American Security Mortgage | 0.05% | 2.86% | |
| Angel Oak Home Loans | 0.05% | 0.13% | |
| loanDepot | 0.06% | 0.07% | |
| West Town Bank & Trust | 0.06% | 0.34% | |
| Equity Resources | 0.07% | 0.34% | |
| Wells Fargo Bank | 0.07% | 0.54% | |
| USAA | 0.11% | 7.91% | |
| Residential Mortgage Services | 0.13% | 9.86% | |
| AnnieMac Home Mortgage | 0.14% | 0.50% | |
| Atlantic Bay Mortgage Group | 0.17% | 4.68% | |
| On Q Financial | 0.18% | 0.34% | |
| Union Home Mortgage | 0.27% | 1.04% | |
| Mr. Cooper | 0.28% | 0.74% | |
| Quicken Loans | 0.28% | 1.51% | |
| Movement Mortgage | 0.30% | 10.57% | |
| Carrington Mortgage Services | 0.61% | 1.82% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Plaza Home Mortgage | -0.18% | 4.18% | |
| Navy Federal Credit Union | -0.15% | 12.37% | |
| American Security Mortgage | -0.08% | 3.14% | |
| USAA | -0.08% | 5.92% | |
| Home Point Financial Corporation | -0.07% | 1.92% | |
| Guaranteed Rate | -0.06% | 3.83% | |
| PennyMac Loan Services | -0.05% | 10.10% | |
| Caliber Home Loans | -0.05% | 2.79% | |
| Lakeview Loan Servicing | -0.04% | 5.05% | |
| Movement Mortgage | -0.03% | 7.14% | |
| loanDepot | -0.01% | 9.23% | |
| Stearns Home Loans | 0.01% | 0.87% | |
| PNC Bank | 0.03% | 0.52% | |
| Truist Bank | 0.03% | 0.35% | |
| Equity Resources | 0.03% | 0.87% | |
| Angel Oak Home Loans | 0.03% | 0.17% | |
| Atlantic Bay Mortgage Group | 0.03% | 0.17% | |
| Wells Fargo Bank | 0.03% | 0.17% | |
| AnnieMac Home Mortgage | 0.04% | 0.87% | |
| Residential Mortgage Services | 0.05% | 0.35% | |
| SunTrust Bank | 0.05% | 0.52% | |
| West Town Bank & Trust | 0.05% | 0.52% | |
| Union Home Mortgage | 0.06% | 0.70% | |
| Carrington Mortgage Services | 0.13% | 7.32% | |
| Mr. Cooper | 0.15% | 1.22% | |
| Freedom Mortgage Corporation | 0.15% | 3.66% | |
| The Federal Savings Bank | 0.17% | 5.05% | |
| Quicken Loans | 0.18% | 10.98% |
* Data is compiled for the Jacksonville, NC commuting zone area, which comprises of counties of Carteret County, NC, Craven County, NC, Jones County, NC, Onslow County, NC, and Pamlico County, NC. This includes cities/towns/communities of Jacksonville, NC as well as Half Moon, NC, New Bern, NC, Holly Ridge, NC, Piney Green, NC, Brices Creek, NC, Havelock, NC, Morehead City, NC, Richlands, NC, Sneads Ferry, NC, Emerald Isle, NC, Swansboro, NC, Beaufort, NC, Newport, NC, North Topsail Beach, NC, Atlantic Beach, NC, Bogue, NC, Trent Woods, NC, Fairfield Harbour, NC, Peletier, NC, River Bend, NC, James City, NC, Pine Knoll Shores, NC, Arapahoe, NC, Vanceboro, NC, Oriental, NC, Bridgeton, NC, Dover, NC, Gloucester, NC, Cedar Point, NC, Cape Carteret, NC, Maysville, NC, Grantsboro, NC, Davis, NC, Indian Beach, NC, Harkers Island, NC, Broad Creek, NC, Trenton, NC, Bayboro, NC, and Atlantic, NC. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities
This page contains information about the top mortgage lenders in the Jacksonville, NC area. For mortgage lender rankings in other cities, click here.