Which mortgage lender in the Fayetteville, AR 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 Fayetteville, AR 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 Fayetteville, AR area in terms of interest rate is First Security Bank, with an average “Rate Difference” of -0.15%. This means that, comparing similar borrowers, First Security Bank provided a -0.15% lower interest rate for its customers than other lenders in the area. First Security Bank has a market share of 1.9%. On the other hand, the most popular lender in the Fayetteville, AR area is Arvest Bank, with a larger market share of 27.8%. Arvest Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.04% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Fayetteville, AR 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 Fayetteville, AR is First Security Bank. 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 Arvest 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 Fayetteville, AR
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Arvest Bank | -0.09% | 6.50% | |
| Eagle Bank and Trust Company | -0.06% | 1.86% | |
| Priority Bank | -0.03% | 1.24% | |
| IBERIABANK | -0.03% | 1.24% | |
| BOK Financial | -0.03% | 1.86% | |
| Caliber Home Loans | -0.03% | 1.86% | |
| Cornerstone Home Lending | -0.02% | 1.55% | |
| Carrington Mortgage Services | -0.02% | 7.43% | |
| First Savings Bank | -0.02% | 0.62% | |
| Quicken Loans | -0.01% | 43.96% | |
| First Financial Bank AR & MS | -0.01% | 0.31% | |
| Flat Branch Mortgage | -0.00% | 0.31% | |
| The Federal Savings Bank | -0.00% | 0.93% | |
| Keller Mortgage | -0.00% | 0.31% | |
| First Western Bank | -0.00% | 1.24% | |
| First Security Bank | -0.00% | 0.62% | |
| Centennial Bank | 0.00% | 0.62% | |
| Amerisave Mortgage Corporation | 0.01% | 0.31% | |
| BancorpSouth Bank | 0.01% | 0.31% | |
| loanDepot | 0.01% | 5.26% | |
| Supreme Lending | 0.02% | 0.93% | |
| PRMG Mortgage | 0.02% | 1.55% | |
| Simmons Bank | 0.02% | 0.93% | |
| Home Point Financial Corporation | 0.02% | 1.24% | |
| Flagstar Bank | 0.02% | 0.62% | |
| Freedom Mortgage Corporation | 0.03% | 2.48% | |
| LeaderOne Financial Corporation | 0.04% | 0.62% | |
| PennyMac Loan Services | 0.05% | 4.02% | |
| Gateway First Bank | 0.06% | 1.24% | |
| Mr. Cooper | 0.11% | 8.05% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.07% | 13.83% | |
| Bank of America | -0.02% | 5.32% | |
| Arkansas Federal Credit Union | -0.00% | 1.06% | |
| Quicken Loans | -0.00% | 5.32% | |
| IBERIABANK | -0.00% | 7.45% | |
| Gateway First Bank | 0.00% | 1.06% | |
| United Federal Credit Union | 0.00% | 2.13% | |
| Navy Federal Credit Union | 0.00% | 1.06% | |
| Flat Branch Mortgage | 0.00% | 1.06% | |
| Flagstar Bank | 0.01% | 1.06% | |
| Bank of Little Rock | 0.01% | 1.06% | |
| Sirva Mortgage | 0.01% | 4.26% | |
| SunTrust Bank | 0.01% | 9.57% | |
| Sente Mortgage | 0.01% | 1.06% | |
| Arvest Bank | 0.01% | 9.57% | |
| PRMG Mortgage | 0.02% | 1.06% | |
| US Bank | 0.02% | 13.83% | |
| Regions Bank | 0.02% | 7.45% | |
| JPMorgan Chase Bank | 0.03% | 8.51% | |
| Simmons Bank | 0.03% | 4.26% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.06% | 20.31% | |
| Bank of America | -0.03% | 6.25% | |
| Arkansas Federal Credit Union | 0.00% | 1.56% | |
| Quicken Loans | 0.00% | 3.12% | |
| Gateway First Bank | 0.01% | 1.56% | |
| United Federal Credit Union | 0.01% | 3.12% | |
| Navy Federal Credit Union | 0.01% | 1.56% | |
| Flat Branch Mortgage | 0.01% | 1.56% | |
| Flagstar Bank | 0.01% | 1.56% | |
| Bank of Little Rock | 0.01% | 1.56% | |
| IBERIABANK | 0.01% | 6.25% | |
| Sirva Mortgage | 0.01% | 6.25% | |
| SunTrust Bank | 0.01% | 9.38% | |
| Arvest Bank | 0.01% | 4.69% | |
| Sente Mortgage | 0.02% | 1.56% | |
| Regions Bank | 0.03% | 9.38% | |
| US Bank | 0.03% | 7.81% | |
| JPMorgan Chase Bank | 0.04% | 7.81% | |
| Simmons Bank | 0.05% | 4.69% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| IBERIABANK | -0.02% | 10.00% | |
| Quicken Loans | -0.01% | 10.00% | |
| Simmons Bank | -0.01% | 3.33% | |
| JPMorgan Chase Bank | -0.01% | 10.00% | |
| Bank of America | -0.00% | 3.33% | |
| SunTrust Bank | 0.01% | 10.00% | |
| Regions Bank | 0.01% | 3.33% | |
| Arvest Bank | 0.01% | 20.00% | |
| US Bank | 0.01% | 26.67% | |
| PRMG Mortgage | 0.01% | 3.33% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Arvest Bank | -0.17% | 10.90% | |
| PennyMac Loan Services | -0.11% | 7.69% | |
| IBERIABANK | -0.09% | 5.13% | |
| Home Point Financial Corporation | -0.06% | 1.60% | |
| loanDepot | -0.06% | 7.69% | |
| Caliber Home Loans | -0.05% | 3.53% | |
| Navy Federal Credit Union | -0.04% | 0.96% | |
| Simmons Bank | -0.04% | 0.96% | |
| First Savings Bank | -0.03% | 0.96% | |
| Gateway First Bank | -0.03% | 2.88% | |
| Cornerstone Home Lending | -0.03% | 1.28% | |
| USAA | -0.03% | 5.45% | |
| Arkansas Federal Credit Union | -0.03% | 0.64% | |
| BancorpSouth Bank | -0.02% | 0.64% | |
| Eagle Bank and Trust Company | -0.02% | 0.32% | |
| Willow Bend Mortgage | -0.02% | 0.64% | |
| First Security Bank | -0.02% | 0.64% | |
| First Western Bank | -0.02% | 0.32% | |
| BOK Financial | -0.01% | 1.60% | |
| Union Home Mortgage | -0.01% | 0.32% | |
| Amerisave Mortgage Corporation | -0.01% | 0.64% | |
| Flagstar Bank | -0.00% | 0.96% | |
| PRMG Mortgage | -0.00% | 0.96% | |
| Flat Branch Mortgage | 0.00% | 1.28% | |
| US Bank | 0.00% | 0.32% | |
| Sente Mortgage | 0.01% | 0.32% | |
| Wells Fargo Bank | 0.02% | 0.64% | |
| Carrington Mortgage Services | 0.03% | 3.53% | |
| The Federal Savings Bank | 0.06% | 7.05% | |
| Freedom Mortgage Corporation | 0.09% | 4.81% | |
| Mr. Cooper | 0.11% | 3.85% | |
| Quicken Loans | 0.14% | 21.47% |
* Data is compiled for the Fayetteville, AR commuting zone area, which comprises of counties of Benton County, AR, Madison County, AR, Washington County, AR, and McDonald County, MO. This includes cities/towns/communities of Fayetteville, AR as well as Rogers, AR, Centerton, AR, Bentonville, AR, Springdale, AR, Bella Vista, AR, Springdale, AR, Goshen, AR, Greenland, AR, Siloam Springs, AR, Sulphur Springs, AR, Pea Ridge, AR, Gateway, AR, Tontitown, AR, Prairie Grove, AR, Decatur, AR, Bethel Heights, AR, St. Paul, AR, Lincoln, AR, Cherokee City, AR, Pineville, MO, West Fork, AR, Hindsville, AR, Prairie Creek, AR, Huntsville, AR, Winslow, AR, Goodman, MO, and Southwest City, MO. 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 Fayetteville, AR area. For mortgage lender rankings in other cities, click here.