Which mortgage lender in the Boardman, OH 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 Boardman, OH 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 Boardman, OH area in terms of interest rate is Howard Hanna Mortgage Services, with an average “Rate Difference” of -0.20%. This means that, comparing similar borrowers, Howard Hanna Mortgage Services provided a -0.20% lower interest rate for its customers than other lenders in the area. Howard Hanna Mortgage Services has a market share of 2.0%. On the other hand, the most popular lender in the Boardman, OH area is Huntington National Bank, with a larger market share of 14.8%. Huntington National Bank is also a relatively cheap lender, with a “Rate Difference” of -0.19% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Boardman, 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, going by historical data, the cheapest lender for Conventional mortgages in Boardman, OH is First National Bank of Pennsylvania. 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 JPMorgan Chase Bank. 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. 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 Boardman, OH
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Huntington National Bank | -0.11% | 6.52% | |
| Quicken Loans | -0.04% | 56.52% | |
| myCUmortgage | -0.00% | 3.42% | |
| Carrington Mortgage Services | 0.02% | 8.07% | |
| Top Flite Financial, Inc | 0.05% | 1.24% | |
| PNC Bank | 0.06% | 0.31% | |
| Rapid Mortgage Company | 0.06% | 0.31% | |
| Caliber Home Loans | 0.06% | 1.24% | |
| The Farmers National Bank of Canfield | 0.07% | 0.31% | |
| Victorian Finance, LLC | 0.07% | 0.31% | |
| West Penn Financial Service Center | 0.07% | 0.62% | |
| Liberty Home Mortgage | 0.07% | 0.31% | |
| NewRez | 0.08% | 0.93% | |
| Flagstar Bank | 0.08% | 0.31% | |
| Royal United Mortgage | 0.08% | 1.86% | |
| Equity Resources | 0.08% | 0.62% | |
| Union Home Mortgage | 0.09% | 0.62% | |
| Fairway Independent Mortgage Corporation | 0.09% | 0.31% | |
| loanDepot | 0.10% | 3.11% | |
| Mr. Cooper | 0.11% | 6.83% | |
| Waterstone Mortgage Corporation | 0.13% | 2.80% | |
| Cortland Bank | 0.14% | 0.93% | |
| Amerifirst Home Mortgage | 0.19% | 2.48% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.01% | 5.00% | |
| Hancock County Savings Bank | -0.00% | 5.00% | |
| First National Bank of Pennsylvania | -0.00% | 50.00% | |
| PNC Bank | 0.00% | 10.00% | |
| US Bank | 0.00% | 5.00% | |
| Huntington National Bank | 0.00% | 20.00% | |
| The Farmers National Bank of Canfield | 0.00% | 5.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.01% | 33.33% | |
| First National Bank of Pennsylvania | -0.00% | 33.33% | |
| Huntington National Bank | 0.01% | 33.33% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Hancock County Savings Bank | -0.00% | 5.88% | |
| First National Bank of Pennsylvania | -0.00% | 52.94% | |
| PNC Bank | 0.00% | 11.76% | |
| US Bank | 0.00% | 5.88% | |
| Huntington National Bank | 0.00% | 17.65% | |
| The Farmers National Bank of Canfield | 0.00% | 5.88% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| loanDepot | -0.09% | 11.36% | |
| Navy Federal Credit Union | -0.06% | 1.52% | |
| TCF Bank | -0.06% | 1.52% | |
| USAA | -0.05% | 5.30% | |
| Flagstar Bank | -0.05% | 1.52% | |
| First Commonwealth Bank | -0.04% | 0.76% | |
| Liberty Home Mortgage | -0.04% | 0.76% | |
| Royal United Mortgage | -0.04% | 0.76% | |
| American Midwest Mortgage | -0.04% | 0.76% | |
| Caliber Home Loans | -0.03% | 3.03% | |
| Seven Seventeen Credit Union | -0.03% | 1.52% | |
| US Bank | -0.03% | 0.76% | |
| Equity Resources | -0.03% | 1.52% | |
| PNC Bank | -0.03% | 0.76% | |
| Top Flite Financial, Inc | -0.03% | 0.76% | |
| Huntington National Bank | -0.03% | 3.03% | |
| Waterstone Mortgage Corporation | -0.03% | 3.03% | |
| Wells Fargo Bank | -0.02% | 0.76% | |
| Fairway Independent Mortgage Corporation | -0.02% | 0.76% | |
| Carrington Mortgage Services | -0.01% | 3.03% | |
| Mr. Cooper | -0.00% | 3.79% | |
| Quicken Loans | 0.04% | 53.03% |
* Data is compiled for the Boardman, OH commuting zone area, which comprises of counties of Columbiana County, OH, Mahoning County, OH, Trumbull County, OH, Lawrence County, PA, and Mercer County, PA. This includes cities/towns/communities of Boardman, OH as well as Austintown, OH, Canfield, OH, Warren, OH, Youngstown, OH, Salem, OH, Cortland, OH, Hermitage, PA, Poland, OH, Niles, OH, Howland Center, OH, Champion Heights, OH, Churchill, OH, Columbiana, OH, New Castle, PA, East Palestine, OH, Calcutta, OH, New Middletown, OH, Leetonia, OH, New Castle Northwest, PA, Hubbard, OH, Struthers, OH, Girard, OH, Lake Latonka, PA, Ellwood City, PA, Columbiana, OH, East Rochester, OH, Grove City, PA, East Liverpool, OH, Vienna Center, OH, Craig Beach, OH, Mineral Ridge, OH, Campbell, OH, Damascus, OH, Sharon, PA, Washingtonville, OH, Glenmoor, OH, Chewton, PA, Reynolds Heights, PA, Brookfield Center, OH, Wellsville, OH, West Farmington, OH, South Canal, OH, Volant, PA, Homeworth, OH, Rogers, OH, Enon Valley, PA, Sharpsville, PA, McDonald, OH, West Pittsburg, PA, and Mercer, 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
This page contains information about the top mortgage lenders in the Boardman, OH area. For mortgage lender rankings in other cities, click here.