Top Mortgage Lenders in Erie, PA

Which mortgage lender in the Erie, PA area typically has the best rates? To help you narrow down where to shop for a mortgage, provides an objective and data driven ranking of mortgage lenders operating in the Erie, PA 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 Erie, PA area in terms of interest rate is Widget Financial, with an average “Rate Difference” of -0.25%. This means that, comparing similar borrowers, Widget Financial provided a -0.25% lower interest rate for its customers than other lenders in the area. Widget Financial has a market share of 3.0%. On the other hand, the most popular lender in the Erie, PA area is Northwest Bank PA, with a larger market share of 20.5%. Northwest Bank PA is also a relatively cheap lender, with a “Rate Difference” of -0.16% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in the Erie, PA 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 Erie, PA is Widget 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 Northwest Bank PA. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is M&T 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 Erie, PA

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
Widget Financial-0.25%(5.0)3.04%
Northwest Bank PA-0.16%(4.5)20.54%
Howard Hanna Mortgage Services-0.10%(4.0)2.10%
M&T Bank-0.06%(4.0)3.35%
Holland Mortgage Advisors-0.05%(4.0)1.92%
Equity Resources-0.05%(3.5)1.05%
OwnersChoice Funding-0.04%(3.5)0.57%
Marquette Savings Bank-0.02%(3.5)9.19%
Princeton Mortgage-0.01%(3.5)0.94%
Navy Federal Credit Union-0.01%(3.5)0.81%
Home Point Financial Corporation-0.01%(3.5)1.29%
The Farmers National Bank of Emlenton-0.01%(3.5)0.98%
Plaza Home Mortgage0.01%(3.5)1.88%
Flagstar Bank0.01%(3.5)2.65%
Huntington National Bank0.01%(3.5)0.85%
Wells Fargo Bank0.02%(3.5)1.44%
Mr. Cooper0.05%(3.5)0.92%
Tidewater Mortgage Services0.05%(3.0)3.06%
PNC Bank0.06%(3.0)7.72%
CNB Bank0.08%(3.0)3.59%
Union Home Mortgage0.08%(3.0)2.04%
First National Bank of Pennsylvania0.10%(3.0)4.55%
Movement Mortgage0.13%(3.0)2.98%
Quicken Loans0.16%(2.5)11.27%
Community Bank NA0.23%(2.5)5.42%
Lender NameRate DifferenceRate RatingMarket Share
Northwest Bank PA-0.19%(4.5)19.31%
Widget Financial-0.11%(4.0)1.29%
Howard Hanna Mortgage Services-0.11%(4.0)3.40%
The Farmers National Bank of Emlenton-0.09%(4.0)0.60%
M&T Bank-0.08%(4.0)5.02%
Holland Mortgage Advisors-0.07%(4.0)2.77%
Equity Resources-0.06%(4.0)1.47%
OwnersChoice Funding-0.06%(4.0)0.45%
PNC Bank-0.05%(4.0)3.64%
Wells Fargo Bank-0.03%(3.5)1.65%
Princeton Mortgage-0.02%(3.5)1.50%
Home Point Financial Corporation-0.02%(3.5)1.81%
Navy Federal Credit Union-0.02%(3.5)1.20%
Huntington National Bank-0.01%(3.5)0.63%
CNB Bank-0.01%(3.5)2.77%
Plaza Home Mortgage0.00%(3.5)2.95%
Flagstar Bank0.00%(3.5)4.18%
Mr. Cooper0.03%(3.5)0.78%
First National Bank of Pennsylvania0.04%(3.5)2.56%
Tidewater Mortgage Services0.04%(3.5)4.87%
Union Home Mortgage0.08%(3.0)3.10%
Marquette Savings Bank0.09%(3.0)8.39%
Movement Mortgage0.13%(3.0)4.63%
Quicken Loans0.19%(2.5)9.72%
Community Bank NA0.26%(2.0)5.78%
Lender NameRate DifferenceRate RatingMarket Share
Widget Financial-0.29%(5.0)5.80%
Marquette Savings Bank-0.16%(4.5)10.46%
Northwest Bank PA-0.13%(4.0)22.48%
OwnersChoice Funding-0.01%(3.5)0.76%
Movement Mortgage-0.01%(3.5)0.38%
M&T Bank-0.01%(3.5)0.71%
Union Home Mortgage0.00%(3.5)0.38%
Navy Federal Credit Union0.01%(3.5)0.19%
Equity Resources0.01%(3.5)0.38%
Tidewater Mortgage Services0.02%(3.5)0.19%
Flagstar Bank0.03%(3.5)0.24%
Howard Hanna Mortgage Services0.03%(3.5)0.05%
Home Point Financial Corporation0.03%(3.5)0.48%
Princeton Mortgage0.03%(3.5)0.05%
Huntington National Bank0.04%(3.5)1.19%
Plaza Home Mortgage0.04%(3.5)0.19%
Holland Mortgage Advisors0.04%(3.5)0.57%
The Farmers National Bank of Emlenton0.05%(3.5)1.57%
Mr. Cooper0.07%(3.0)1.14%
PNC Bank0.11%(3.0)14.16%
First National Bank of Pennsylvania0.13%(3.0)7.70%
Wells Fargo Bank0.14%(3.0)1.09%
Quicken Loans0.14%(3.0)13.74%
CNB Bank0.16%(2.5)4.90%
Community Bank NA0.16%(2.5)4.85%
Lender NameRate DifferenceRate RatingMarket Share
Widget Financial-0.25%(4.5)3.82%
Northwest Bank PA-0.16%(4.5)25.69%
Howard Hanna Mortgage Services-0.12%(4.0)1.69%
Holland Mortgage Advisors-0.07%(4.0)1.67%
Equity Resources-0.05%(3.5)0.69%
OwnersChoice Funding-0.04%(3.5)0.72%
M&T Bank-0.02%(3.5)2.82%
Marquette Savings Bank-0.02%(3.5)11.48%
Princeton Mortgage-0.01%(3.5)0.88%
The Farmers National Bank of Emlenton-0.01%(3.5)1.23%
Huntington National Bank0.02%(3.5)0.88%
Wells Fargo Bank0.03%(3.5)1.60%
Mr. Cooper0.06%(3.0)0.28%
PNC Bank0.07%(3.0)9.17%
Union Home Mortgage0.07%(3.0)1.50%
Home Point Financial Corporation0.08%(3.0)0.42%
CNB Bank0.08%(3.0)4.38%
Plaza Home Mortgage0.09%(3.0)0.35%
Tidewater Mortgage Services0.10%(3.0)1.81%
First National Bank of Pennsylvania0.11%(3.0)5.37%
Flagstar Bank0.12%(3.0)1.69%
Movement Mortgage0.13%(3.0)2.59%
Navy Federal Credit Union0.17%(2.5)0.42%
Community Bank NA0.23%(2.5)6.81%
Quicken Loans0.26%(2.0)7.08%
Lender NameRate DifferenceRate RatingMarket Share
Northwest Bank PA-0.19%(4.5)26.28%
Howard Hanna Mortgage Services-0.13%(4.0)2.96%
Widget Financial-0.11%(4.0)1.77%
Holland Mortgage Advisors-0.09%(4.0)2.59%
The Farmers National Bank of Emlenton-0.09%(4.0)0.82%
Equity Resources-0.07%(4.0)1.03%
OwnersChoice Funding-0.06%(4.0)0.62%
PNC Bank-0.05%(4.0)4.11%
M&T Bank-0.03%(3.5)4.48%
Wells Fargo Bank-0.03%(3.5)1.89%
Princeton Mortgage-0.03%(3.5)1.52%
CNB Bank-0.01%(3.5)3.78%
Huntington National Bank-0.01%(3.5)0.62%
Mr. Cooper0.03%(3.5)0.12%
First National Bank of Pennsylvania0.06%(3.0)2.92%
Union Home Mortgage0.06%(3.0)2.42%
Home Point Financial Corporation0.08%(3.0)0.57%
Plaza Home Mortgage0.09%(3.0)0.57%
Tidewater Mortgage Services0.09%(3.0)3.12%
Marquette Savings Bank0.09%(3.0)11.33%
Flagstar Bank0.12%(3.0)2.83%
Movement Mortgage0.13%(3.0)4.31%
Navy Federal Credit Union0.17%(2.5)0.70%
Community Bank NA0.26%(2.0)7.89%
Quicken Loans0.27%(2.0)6.20%
Lender NameRate DifferenceRate RatingMarket Share
Widget Financial-0.29%(5.0)6.47%
Marquette Savings Bank-0.16%(4.5)11.67%
Northwest Bank PA-0.13%(4.0)24.93%
Movement Mortgage-0.02%(3.5)0.37%
M&T Bank-0.01%(3.5)0.69%
OwnersChoice Funding-0.01%(3.5)0.85%
Union Home Mortgage-0.01%(3.5)0.32%
Tidewater Mortgage Services0.00%(3.5)0.11%
Navy Federal Credit Union0.02%(3.5)0.05%
Equity Resources0.02%(3.5)0.27%
Plaza Home Mortgage0.02%(3.5)0.05%
Flagstar Bank0.03%(3.5)0.21%
Howard Hanna Mortgage Services0.03%(3.5)0.05%
Princeton Mortgage0.03%(3.5)0.05%
Home Point Financial Corporation0.04%(3.5)0.21%
Huntington National Bank0.04%(3.5)1.22%
Holland Mortgage Advisors0.05%(3.5)0.48%
The Farmers National Bank of Emlenton0.05%(3.0)1.75%
Mr. Cooper0.08%(3.0)0.48%
PNC Bank0.12%(3.0)15.70%
First National Bank of Pennsylvania0.14%(3.0)8.54%
Wells Fargo Bank0.14%(3.0)1.22%
Community Bank NA0.17%(2.5)5.41%
CNB Bank0.17%(2.5)5.15%
Quicken Loans0.25%(2.0)8.22%
Lender NameRate DifferenceRate RatingMarket Share
M&T Bank-0.16%(4.5)6.72%
Flagstar Bank-0.14%(4.0)7.21%
Home Point Financial Corporation-0.07%(4.0)4.85%
PNC Bank-0.07%(4.0)1.99%
Howard Hanna Mortgage Services-0.07%(4.0)4.10%
Equity Resources-0.07%(4.0)2.86%
First National Bank of Pennsylvania-0.06%(4.0)1.00%
Holland Mortgage Advisors-0.04%(3.5)2.61%
Huntington National Bank-0.03%(3.5)0.75%
Plaza Home Mortgage-0.03%(3.5)8.96%
Princeton Mortgage-0.02%(3.5)1.24%
Tidewater Mortgage Services-0.00%(3.5)9.33%
Navy Federal Credit Union0.01%(3.5)0.12%
Mr. Cooper0.03%(3.5)3.11%
Wells Fargo Bank0.04%(3.5)0.25%
Quicken Loans0.06%(3.0)31.59%
Union Home Mortgage0.09%(3.0)3.98%
Movement Mortgage0.14%(3.0)5.10%
Lender NameRate DifferenceRate RatingMarket Share
M&T Bank-0.17%(4.5)7.66%
Flagstar Bank-0.14%(4.0)8.54%
PNC Bank-0.08%(4.0)2.21%
Equity Resources-0.08%(4.0)2.95%
Home Point Financial Corporation-0.08%(4.0)5.60%
Howard Hanna Mortgage Services-0.07%(4.0)4.86%
First National Bank of Pennsylvania-0.06%(4.0)1.18%
Huntington National Bank-0.05%(4.0)0.59%
Holland Mortgage Advisors-0.04%(3.5)2.95%
Plaza Home Mortgage-0.03%(3.5)10.46%
Princeton Mortgage-0.03%(3.5)1.47%
Tidewater Mortgage Services-0.01%(3.5)10.90%
Navy Federal Credit Union0.00%(3.5)0.15%
Mr. Cooper0.02%(3.5)2.36%
Wells Fargo Bank0.04%(3.5)0.29%
Union Home Mortgage0.09%(3.0)4.71%
Quicken Loans0.11%(3.0)22.97%
Movement Mortgage0.14%(3.0)6.04%
Lender NameRate DifferenceRate RatingMarket Share
Quicken Loans-0.01%(3.5)78.40%
Equity Resources-0.00%(3.5)2.40%
Plaza Home Mortgage0.01%(3.5)0.80%
M&T Bank0.01%(3.5)1.60%
Huntington National Bank0.01%(3.5)1.60%
Home Point Financial Corporation0.01%(3.5)0.80%
Holland Mortgage Advisors0.02%(3.5)0.80%
Tidewater Mortgage Services0.02%(3.5)0.80%
PNC Bank0.03%(3.5)0.80%
Mr. Cooper0.07%(3.0)7.20%
Lender NameRate DifferenceRate RatingMarket Share
Northwest Bank PA-0.01%(3.5)7.41%
First National Bank of Pennsylvania-0.01%(3.5)18.52%
Marquette Savings Bank-0.01%(3.5)11.11%
Wells Fargo Bank-0.00%(3.5)7.41%
Huntington National Bank-0.00%(3.5)7.41%
PNC Bank0.01%(3.5)3.70%
CNB Bank0.02%(3.5)22.22%
Lender NameRate DifferenceRate RatingMarket Share
First National Bank of Pennsylvania-0.00%(3.5)26.67%
Marquette Savings Bank-0.00%(3.5)20.00%
Wells Fargo Bank0.00%(3.5)13.33%
Huntington National Bank0.00%(3.5)13.33%
PNC Bank0.01%(3.5)6.67%
Lender NameRate DifferenceRate RatingMarket Share
First National Bank of Pennsylvania-0.02%(3.5)8.33%
Northwest Bank PA-0.02%(3.5)16.67%
CNB Bank0.01%(3.5)50.00%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.15%(4.0)9.03%
Howard Hanna Mortgage Services-0.04%(3.5)2.89%
M&T Bank-0.03%(3.5)2.17%
Wells Fargo Bank-0.03%(3.5)1.81%
First National Bank of Pennsylvania-0.03%(3.5)0.72%
PNC Bank-0.01%(3.5)2.17%
Flagstar Bank-0.00%(3.5)4.69%
Equity Resources0.00%(3.5)1.44%
Northwest Bank PA0.00%(3.5)1.08%
Holland Mortgage Advisors0.01%(3.5)3.97%
Home Point Financial Corporation0.01%(3.5)4.69%
Mr. Cooper0.02%(3.5)4.69%
Princeton Mortgage0.03%(3.5)1.08%
Movement Mortgage0.04%(3.5)3.25%
Tidewater Mortgage Services0.04%(3.5)4.69%
Quicken Loans0.05%(3.5)18.77%
Plaza Home Mortgage0.06%(3.0)5.42%
Union Home Mortgage0.08%(3.0)5.05%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.16%(4.5)11.28%
Howard Hanna Mortgage Services-0.03%(3.5)4.10%
M&T Bank-0.03%(3.5)3.08%
Wells Fargo Bank-0.02%(3.5)2.56%
First National Bank of Pennsylvania-0.02%(3.5)1.03%
PNC Bank-0.00%(3.5)2.56%
Northwest Bank PA0.00%(3.5)1.03%
Flagstar Bank0.00%(3.5)6.15%
Equity Resources0.01%(3.5)2.05%
Holland Mortgage Advisors0.01%(3.5)4.62%
Home Point Financial Corporation0.03%(3.5)4.10%
Princeton Mortgage0.04%(3.5)1.54%
Mr. Cooper0.04%(3.5)3.59%
Movement Mortgage0.04%(3.5)4.10%
Tidewater Mortgage Services0.05%(3.5)6.15%
Plaza Home Mortgage0.07%(3.0)6.67%
Union Home Mortgage0.10%(3.0)6.15%
Quicken Loans0.10%(3.0)8.21%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.03%(3.5)3.66%
Home Point Financial Corporation-0.01%(3.5)6.10%
Tidewater Mortgage Services-0.01%(3.5)1.22%
PNC Bank-0.01%(3.5)1.22%
Mr. Cooper-0.00%(3.5)7.32%
Flagstar Bank-0.00%(3.5)1.22%
Northwest Bank PA-0.00%(3.5)1.22%
Movement Mortgage-0.00%(3.5)1.22%
Holland Mortgage Advisors0.00%(3.5)2.44%
Union Home Mortgage0.01%(3.5)2.44%
Quicken Loans0.01%(3.5)43.90%
Plaza Home Mortgage0.02%(3.5)2.44%

* Data is compiled for the Erie, PA commuting zone area, which comprises of counties of Chautauqua County, NY, Clarion County, PA, Crawford County, PA, Erie County, PA, Forest County, PA, Venango County, PA, and Warren County, PA. This includes cities/towns/communities of Erie, PA as well as Jamestown, NY, Meadville, PA, Northwest Harborcreek, PA, Fredonia, NY, Warren, PA, Fairview, PA, Waterford, PA, Avonia, PA, Girard, PA, McKean, PA, Conneaut Lakeshore, PA, Canadohta Lake, PA, Fredericksburg, PA, Platea, PA, Lawrence Park, PA, Dunkirk, NY, Polk, PA, Cochranton, PA, Bemus Point, NY, Sinclairville, NY, Lakewood, NY, Columbus, PA, Edinboro, PA, Russell, PA, Panama, NY, Oil City, PA, Sugarcreek, PA, Pymatuning Central, PA, Corry, PA, Blooming Valley, PA, Sherman, NY, Franklin, PA, Mayville, NY, North East, PA, Frewsburg, NY, Hasson Heights, PA, Saegertown, PA, North Warren, PA, Falconer, NY, Silver Creek, NY, Wesleyville, PA, Wattsburg, PA, Woodland Heights, PA, Ripley, NY, Westfield, NY, Marianne, PA, Clintonville, PA, Seneca, PA, Cooperstown, PA, and Youngsville, PA. 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

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