Which mortgage lender in the Davenport, IA 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 Davenport, IA 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 Davenport, IA area in terms of interest rate is Vibrant Credit Union, with an average “Rate Difference” of -0.17%. This means that, comparing similar borrowers, Vibrant Credit Union provided a -0.17% lower interest rate for its customers than other lenders in the area. Vibrant Credit Union has a market share of 11.0%. On the other hand, the most popular lender in the Davenport, IA area is GreenState Credit Union, with a larger market share of 11.7%. GreenState Credit Union is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.05% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Davenport, IA 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 Davenport, IA is Vibrant Credit Union. 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 Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Ruhl Mortgage. The cheapest VA mortgage provider is GreenState 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 Davenport, IA
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Vibrant Credit Union | -0.17% | 10.96% | |
| Ascentra Credit Union | -0.15% | 4.62% | |
| IH Mississippi Valley Credit Union | -0.14% | 10.13% | |
| Ruhl Mortgage | -0.10% | 11.20% | |
| GreenState Credit Union | -0.05% | 11.71% | |
| Iowa Bankers Mortgage Corporation | -0.04% | 1.37% | |
| USAA | 0.01% | 0.71% | |
| Plaza Home Mortgage | 0.01% | 0.68% | |
| Fortress Bank | 0.02% | 0.92% | |
| Deere Employees Credit Union | 0.03% | 2.11% | |
| First Midwest Bank | 0.03% | 0.82% | |
| BNC National Bank | 0.04% | 1.07% | |
| Flagstar Bank | 0.04% | 0.57% | |
| Carrington Mortgage Services | 0.06% | 0.64% | |
| American Bank & Trust | 0.06% | 5.83% | |
| Caliber Home Loans | 0.08% | 4.28% | |
| Guaranteed Rate | 0.08% | 1.30% | |
| US Bank | 0.09% | 4.39% | |
| Homeside Financial | 0.10% | 5.74% | |
| Fairway Independent Mortgage Corporation | 0.11% | 2.42% | |
| Farmers and Mechanics Bank | 0.12% | 0.55% | |
| Cardinal Financial Company | 0.14% | 1.28% | |
| loanDepot | 0.15% | 1.35% | |
| Mr. Cooper | 0.15% | 0.62% | |
| Success Mortgage Partners | 0.16% | 0.76% | |
| Flanagan State Bank | 0.16% | 1.00% | |
| New American Funding | 0.18% | 4.23% | |
| Wells Fargo Bank | 0.21% | 3.59% | |
| Quicken Loans | 0.22% | 5.15% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| IH Mississippi Valley Credit Union | -0.18% | 8.58% | |
| Vibrant Credit Union | -0.17% | 7.38% | |
| Ascentra Credit Union | -0.14% | 3.65% | |
| Ruhl Mortgage | -0.10% | 12.43% | |
| Iowa Bankers Mortgage Corporation | -0.04% | 0.89% | |
| GreenState Credit Union | -0.01% | 11.80% | |
| US Bank | -0.01% | 4.36% | |
| USAA | -0.00% | 1.03% | |
| Plaza Home Mortgage | 0.00% | 0.98% | |
| First Midwest Bank | 0.02% | 0.63% | |
| BNC National Bank | 0.02% | 1.41% | |
| Flagstar Bank | 0.03% | 0.57% | |
| Fortress Bank | 0.04% | 0.98% | |
| Deere Employees Credit Union | 0.04% | 2.04% | |
| Carrington Mortgage Services | 0.05% | 0.11% | |
| American Bank & Trust | 0.06% | 6.75% | |
| Caliber Home Loans | 0.07% | 5.80% | |
| Homeside Financial | 0.07% | 7.67% | |
| Guaranteed Rate | 0.08% | 1.67% | |
| Mr. Cooper | 0.08% | 0.32% | |
| Wells Fargo Bank | 0.10% | 3.30% | |
| Fairway Independent Mortgage Corporation | 0.11% | 3.59% | |
| Farmers and Mechanics Bank | 0.12% | 0.78% | |
| Cardinal Financial Company | 0.14% | 1.78% | |
| Quicken Loans | 0.16% | 2.61% | |
| Success Mortgage Partners | 0.17% | 1.12% | |
| Flanagan State Bank | 0.18% | 1.18% | |
| New American Funding | 0.19% | 5.54% | |
| loanDepot | 0.21% | 1.06% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Vibrant Credit Union | -0.16% | 16.79% | |
| Ascentra Credit Union | -0.14% | 6.20% | |
| GreenState Credit Union | -0.12% | 11.57% | |
| Ruhl Mortgage | -0.09% | 9.19% | |
| IH Mississippi Valley Credit Union | -0.08% | 12.64% | |
| Iowa Bankers Mortgage Corporation | -0.03% | 2.15% | |
| Fortress Bank | -0.00% | 0.84% | |
| Deere Employees Credit Union | 0.02% | 2.24% | |
| Farmers and Mechanics Bank | 0.03% | 0.19% | |
| Plaza Home Mortgage | 0.05% | 0.19% | |
| USAA | 0.05% | 0.19% | |
| First Midwest Bank | 0.05% | 1.12% | |
| Success Mortgage Partners | 0.06% | 0.19% | |
| American Bank & Trust | 0.07% | 4.34% | |
| Carrington Mortgage Services | 0.07% | 1.49% | |
| Fairway Independent Mortgage Corporation | 0.07% | 0.51% | |
| Flagstar Bank | 0.07% | 0.56% | |
| Cardinal Financial Company | 0.07% | 0.47% | |
| Caliber Home Loans | 0.08% | 1.82% | |
| Guaranteed Rate | 0.08% | 0.70% | |
| loanDepot | 0.10% | 1.82% | |
| BNC National Bank | 0.10% | 0.51% | |
| Flanagan State Bank | 0.11% | 0.70% | |
| New American Funding | 0.11% | 2.10% | |
| Homeside Financial | 0.18% | 2.61% | |
| Mr. Cooper | 0.19% | 1.12% | |
| US Bank | 0.24% | 4.43% | |
| Quicken Loans | 0.25% | 9.28% | |
| Wells Fargo Bank | 0.36% | 4.06% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Vibrant Credit Union | -0.17% | 13.76% | |
| Ascentra Credit Union | -0.14% | 6.12% | |
| IH Mississippi Valley Credit Union | -0.13% | 13.41% | |
| Ruhl Mortgage | -0.06% | 10.68% | |
| GreenState Credit Union | -0.04% | 14.47% | |
| Iowa Bankers Mortgage Corporation | -0.03% | 1.81% | |
| Fortress Bank | 0.03% | 1.13% | |
| Deere Employees Credit Union | 0.04% | 2.80% | |
| First Midwest Bank | 0.04% | 0.94% | |
| USAA | 0.06% | 0.19% | |
| American Bank & Trust | 0.07% | 6.19% | |
| Carrington Mortgage Services | 0.07% | 0.16% | |
| BNC National Bank | 0.08% | 0.64% | |
| Flagstar Bank | 0.08% | 0.45% | |
| Guaranteed Rate | 0.11% | 1.06% | |
| Flanagan State Bank | 0.12% | 0.56% | |
| US Bank | 0.12% | 4.96% | |
| Fairway Independent Mortgage Corporation | 0.13% | 1.13% | |
| Farmers and Mechanics Bank | 0.13% | 0.68% | |
| Homeside Financial | 0.14% | 4.19% | |
| Cardinal Financial Company | 0.14% | 0.59% | |
| loanDepot | 0.15% | 0.52% | |
| Success Mortgage Partners | 0.19% | 0.42% | |
| Caliber Home Loans | 0.19% | 2.09% | |
| New American Funding | 0.22% | 2.82% | |
| Mr. Cooper | 0.22% | 0.26% | |
| Wells Fargo Bank | 0.24% | 4.45% | |
| Quicken Loans | 0.40% | 3.53% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| IH Mississippi Valley Credit Union | -0.18% | 12.31% | |
| Vibrant Credit Union | -0.17% | 9.59% | |
| Ascentra Credit Union | -0.14% | 5.23% | |
| Ruhl Mortgage | -0.04% | 11.65% | |
| Iowa Bankers Mortgage Corporation | -0.03% | 1.28% | |
| US Bank | 0.01% | 4.94% | |
| GreenState Credit Union | 0.01% | 15.40% | |
| First Midwest Bank | 0.03% | 0.78% | |
| Deere Employees Credit Union | 0.05% | 2.92% | |
| Fortress Bank | 0.05% | 1.24% | |
| BNC National Bank | 0.05% | 0.82% | |
| USAA | 0.05% | 0.29% | |
| Carrington Mortgage Services | 0.06% | 0.04% | |
| American Bank & Trust | 0.07% | 7.33% | |
| Flagstar Bank | 0.07% | 0.37% | |
| loanDepot | 0.07% | 0.25% | |
| Mr. Cooper | 0.09% | 0.08% | |
| Guaranteed Rate | 0.10% | 1.44% | |
| Homeside Financial | 0.11% | 5.85% | |
| Flanagan State Bank | 0.12% | 0.62% | |
| Wells Fargo Bank | 0.12% | 4.24% | |
| Fairway Independent Mortgage Corporation | 0.13% | 1.73% | |
| Farmers and Mechanics Bank | 0.14% | 1.07% | |
| Cardinal Financial Company | 0.15% | 0.91% | |
| Caliber Home Loans | 0.18% | 2.96% | |
| Success Mortgage Partners | 0.19% | 0.66% | |
| New American Funding | 0.22% | 4.03% | |
| Quicken Loans | 0.28% | 1.98% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Vibrant Credit Union | -0.16% | 19.32% | |
| Ascentra Credit Union | -0.13% | 7.30% | |
| GreenState Credit Union | -0.12% | 13.23% | |
| Ruhl Mortgage | -0.09% | 9.39% | |
| IH Mississippi Valley Credit Union | -0.07% | 14.87% | |
| Iowa Bankers Mortgage Corporation | -0.02% | 2.52% | |
| Fortress Bank | 0.00% | 0.99% | |
| Deere Employees Credit Union | 0.02% | 2.63% | |
| Farmers and Mechanics Bank | 0.03% | 0.16% | |
| USAA | 0.05% | 0.05% | |
| First Midwest Bank | 0.06% | 1.15% | |
| Cardinal Financial Company | 0.07% | 0.16% | |
| American Bank & Trust | 0.08% | 4.67% | |
| Fairway Independent Mortgage Corporation | 0.08% | 0.33% | |
| Carrington Mortgage Services | 0.09% | 0.33% | |
| Success Mortgage Partners | 0.09% | 0.11% | |
| Flagstar Bank | 0.09% | 0.55% | |
| Guaranteed Rate | 0.11% | 0.55% | |
| Flanagan State Bank | 0.11% | 0.49% | |
| BNC National Bank | 0.14% | 0.38% | |
| loanDepot | 0.18% | 0.88% | |
| Caliber Home Loans | 0.18% | 0.93% | |
| New American Funding | 0.19% | 1.21% | |
| US Bank | 0.26% | 4.99% | |
| Homeside Financial | 0.26% | 1.98% | |
| Mr. Cooper | 0.26% | 0.49% | |
| Wells Fargo Bank | 0.37% | 4.72% | |
| Quicken Loans | 0.46% | 5.60% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Ruhl Mortgage | -0.26% | 12.17% | |
| US Bank | -0.12% | 1.88% | |
| Vibrant Credit Union | -0.11% | 2.54% | |
| BNC National Bank | -0.05% | 2.43% | |
| Caliber Home Loans | -0.04% | 12.39% | |
| Plaza Home Mortgage | -0.04% | 2.43% | |
| Fortress Bank | -0.03% | 0.22% | |
| Flagstar Bank | -0.03% | 1.33% | |
| Quicken Loans | -0.02% | 11.84% | |
| Homeside Financial | -0.00% | 10.18% | |
| First Midwest Bank | -0.00% | 0.44% | |
| Carrington Mortgage Services | 0.01% | 2.65% | |
| American Bank & Trust | 0.03% | 4.87% | |
| Guaranteed Rate | 0.04% | 2.43% | |
| Fairway Independent Mortgage Corporation | 0.08% | 8.08% | |
| Mr. Cooper | 0.09% | 2.10% | |
| Cardinal Financial Company | 0.13% | 3.98% | |
| Success Mortgage Partners | 0.14% | 2.43% | |
| New American Funding | 0.15% | 8.74% | |
| loanDepot | 0.18% | 4.09% | |
| Flanagan State Bank | 0.21% | 2.77% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Ruhl Mortgage | -0.28% | 13.36% | |
| US Bank | -0.13% | 2.20% | |
| Vibrant Credit Union | -0.12% | 2.75% | |
| BNC National Bank | -0.06% | 2.62% | |
| Caliber Home Loans | -0.04% | 13.50% | |
| Plaza Home Mortgage | -0.04% | 2.89% | |
| Flagstar Bank | -0.03% | 1.38% | |
| Fortress Bank | -0.03% | 0.28% | |
| Homeside Financial | -0.01% | 11.98% | |
| First Midwest Bank | -0.00% | 0.28% | |
| Quicken Loans | 0.01% | 5.23% | |
| Carrington Mortgage Services | 0.02% | 0.41% | |
| Guaranteed Rate | 0.03% | 2.75% | |
| American Bank & Trust | 0.03% | 5.65% | |
| Mr. Cooper | 0.05% | 0.96% | |
| Fairway Independent Mortgage Corporation | 0.08% | 9.50% | |
| Cardinal Financial Company | 0.13% | 4.68% | |
| Success Mortgage Partners | 0.14% | 2.89% | |
| New American Funding | 0.16% | 9.64% | |
| loanDepot | 0.22% | 4.13% | |
| Flanagan State Bank | 0.23% | 2.89% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Ruhl Mortgage | -0.11% | 7.30% | |
| Quicken Loans | -0.03% | 38.76% | |
| Caliber Home Loans | -0.02% | 7.87% | |
| Flagstar Bank | -0.01% | 1.12% | |
| Vibrant Credit Union | 0.00% | 1.69% | |
| First Midwest Bank | 0.01% | 1.12% | |
| Plaza Home Mortgage | 0.01% | 0.56% | |
| American Bank & Trust | 0.01% | 1.69% | |
| BNC National Bank | 0.01% | 1.69% | |
| Success Mortgage Partners | 0.01% | 0.56% | |
| Carrington Mortgage Services | 0.02% | 11.80% | |
| Fairway Independent Mortgage Corporation | 0.03% | 2.25% | |
| Cardinal Financial Company | 0.03% | 1.12% | |
| US Bank | 0.03% | 0.56% | |
| loanDepot | 0.04% | 3.93% | |
| Guaranteed Rate | 0.04% | 1.12% | |
| Homeside Financial | 0.04% | 2.81% | |
| New American Funding | 0.06% | 5.06% | |
| Flanagan State Bank | 0.11% | 2.25% | |
| Mr. Cooper | 0.12% | 6.74% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.00% | 22.22% | |
| First Midwest Bank | -0.00% | 5.56% | |
| American Bank & Trust | -0.00% | 5.56% | |
| GreenState Credit Union | -0.00% | 33.33% | |
| Vibrant Credit Union | 0.00% | 11.11% | |
| US Bank | 0.00% | 22.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.00% | 44.44% | |
| GreenState Credit Union | -0.00% | 22.22% | |
| US Bank | 0.00% | 22.22% | |
| Vibrant Credit Union | 0.01% | 11.11% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Midwest Bank | -0.00% | 11.11% | |
| Vibrant Credit Union | -0.00% | 11.11% | |
| American Bank & Trust | -0.00% | 11.11% | |
| GreenState Credit Union | 0.00% | 44.44% | |
| US Bank | 0.00% | 22.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| GreenState Credit Union | -0.17% | 8.37% | |
| Ruhl Mortgage | -0.10% | 14.54% | |
| USAA | -0.03% | 7.05% | |
| Vibrant Credit Union | -0.01% | 1.54% | |
| Wells Fargo Bank | -0.01% | 1.98% | |
| American Bank & Trust | -0.01% | 4.41% | |
| loanDepot | -0.01% | 3.74% | |
| Fortress Bank | -0.00% | 0.44% | |
| Farmers and Mechanics Bank | 0.00% | 0.44% | |
| US Bank | 0.01% | 3.30% | |
| Guaranteed Rate | 0.01% | 1.32% | |
| First Midwest Bank | 0.02% | 0.22% | |
| Plaza Home Mortgage | 0.02% | 3.52% | |
| Success Mortgage Partners | 0.02% | 0.66% | |
| Flagstar Bank | 0.02% | 0.22% | |
| Fairway Independent Mortgage Corporation | 0.04% | 3.30% | |
| Flanagan State Bank | 0.04% | 1.54% | |
| Cardinal Financial Company | 0.04% | 2.42% | |
| New American Funding | 0.06% | 8.59% | |
| Quicken Loans | 0.06% | 7.27% | |
| BNC National Bank | 0.06% | 2.42% | |
| Caliber Home Loans | 0.07% | 8.81% | |
| Mr. Cooper | 0.07% | 1.10% | |
| Homeside Financial | 0.08% | 11.67% | |
| Carrington Mortgage Services | 0.09% | 1.10% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| GreenState Credit Union | -0.18% | 10.97% | |
| Ruhl Mortgage | -0.10% | 16.61% | |
| USAA | -0.03% | 9.09% | |
| Wells Fargo Bank | -0.01% | 2.51% | |
| Vibrant Credit Union | -0.01% | 0.94% | |
| American Bank & Trust | -0.01% | 5.02% | |
| Fortress Bank | -0.00% | 0.63% | |
| Farmers and Mechanics Bank | 0.01% | 0.31% | |
| US Bank | 0.01% | 4.39% | |
| First Midwest Bank | 0.02% | 0.31% | |
| Plaza Home Mortgage | 0.02% | 4.08% | |
| loanDepot | 0.02% | 0.31% | |
| Quicken Loans | 0.02% | 1.57% | |
| Flagstar Bank | 0.03% | 0.31% | |
| Success Mortgage Partners | 0.03% | 0.63% | |
| Guaranteed Rate | 0.04% | 0.94% | |
| Fairway Independent Mortgage Corporation | 0.04% | 4.39% | |
| Cardinal Financial Company | 0.05% | 1.88% | |
| Flanagan State Bank | 0.05% | 1.57% | |
| BNC National Bank | 0.07% | 3.13% | |
| Mr. Cooper | 0.08% | 0.63% | |
| Caliber Home Loans | 0.10% | 10.03% | |
| New American Funding | 0.10% | 7.84% | |
| Homeside Financial | 0.11% | 11.91% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Ruhl Mortgage | -0.10% | 9.63% | |
| Caliber Home Loans | -0.05% | 5.93% | |
| GreenState Credit Union | -0.05% | 2.22% | |
| American Bank & Trust | -0.03% | 2.96% | |
| Guaranteed Rate | -0.03% | 2.22% | |
| New American Funding | -0.03% | 10.37% | |
| Vibrant Credit Union | -0.02% | 2.96% | |
| loanDepot | -0.01% | 11.85% | |
| Farmers and Mechanics Bank | -0.00% | 0.74% | |
| Homeside Financial | -0.00% | 11.11% | |
| BNC National Bank | 0.00% | 0.74% | |
| US Bank | 0.00% | 0.74% | |
| Fairway Independent Mortgage Corporation | 0.01% | 0.74% | |
| Success Mortgage Partners | 0.01% | 0.74% | |
| Plaza Home Mortgage | 0.01% | 2.22% | |
| USAA | 0.01% | 2.22% | |
| Flanagan State Bank | 0.02% | 1.48% | |
| Wells Fargo Bank | 0.02% | 0.74% | |
| Cardinal Financial Company | 0.04% | 3.70% | |
| Mr. Cooper | 0.06% | 2.22% | |
| Quicken Loans | 0.06% | 20.74% | |
| Carrington Mortgage Services | 0.09% | 3.70% |
* Data is compiled for the Davenport, IA commuting zone area, which comprises of counties of Henry County, IL, Mercer County, IL, Rock Island County, IL, Stark County, IL, and Scott County, IA. This includes cities/towns/communities of Davenport, IA as well as Bettendorf, IA, Moline, IL, Rock Island, IL, East Moline, IL, Le Claire, IA, Buffalo, IA, Eldridge, IA, Long Grove, IA, Rapids City, IL, Geneseo, IL, Colona, IL, Carbon Cliff, IL, Princeton, IA, Cleveland, IL, Kewanee, IL, Coal Valley, IL, Coyne Center, IL, Matherville, IL, Orion, IL, Reynolds, IL, Andover, IL, Milan, IL, Viola, IL, Aledo, IL, Durant, IA, Annawan, IL, Wyoming, IL, Woodhull, IL, Galva, IL, New Boston, IL, Bradford, IL, and Atkinson, IL. 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 Davenport, IA area. For mortgage lender rankings in other cities, click here.