Which mortgage lender in the Steamboat Springs, CO 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 Steamboat Springs, CO 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 Steamboat Springs, CO area in terms of interest rate is Alpine Bank, with an average “Rate Difference” of -0.07%. This means that, comparing similar borrowers, Alpine Bank provided a -0.07% lower interest rate for its customers than other lenders in the area. Alpine Bank has a market share of 5.5%. On the other hand, the most popular lender in the Steamboat Springs, CO area is Bay Equity Home Loans, with a larger market share of 26.4%. Bay Equity Home Loans is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.01% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Steamboat Springs, CO 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 Steamboat Springs, CO is Alpine 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 Bay Equity Home Loans. The cheapest VA mortgage provider is Cherry Creek Mortgage. 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 Steamboat Springs, CO
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Alpine Bank | -0.07% | 5.45% | |
| Wells Fargo Bank | -0.04% | 9.51% | |
| Quicken Loans | 0.00% | 23.22% | |
| Bay Equity Home Loans | 0.01% | 26.43% | |
| Guild Mortgage Company | 0.01% | 11.75% | |
| Cornerstone Home Lending | 0.01% | 11.05% | |
| Cherry Creek Mortgage | 0.03% | 7.69% | |
| Academy Mortgage Corporation Utah | 0.04% | 4.90% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.05% | 11.48% | |
| Quicken Loans | -0.04% | 15.45% | |
| Alpine Bank | -0.02% | 2.43% | |
| Cornerstone Home Lending | 0.01% | 10.60% | |
| Guild Mortgage Company | 0.01% | 15.67% | |
| Bay Equity Home Loans | 0.02% | 29.80% | |
| Cherry Creek Mortgage | 0.03% | 8.17% | |
| Academy Mortgage Corporation Utah | 0.05% | 6.40% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Alpine Bank | -0.10% | 10.69% | |
| Academy Mortgage Corporation Utah | -0.02% | 2.29% | |
| Bay Equity Home Loans | -0.02% | 20.61% | |
| Guild Mortgage Company | -0.01% | 4.96% | |
| Wells Fargo Bank | -0.01% | 6.11% | |
| Cornerstone Home Lending | 0.01% | 11.83% | |
| Cherry Creek Mortgage | 0.03% | 6.87% | |
| Quicken Loans | 0.04% | 36.64% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Alpine Bank | -0.07% | 6.66% | |
| Wells Fargo Bank | -0.05% | 8.70% | |
| Guild Mortgage Company | -0.00% | 10.75% | |
| Quicken Loans | 0.00% | 23.38% | |
| Cornerstone Home Lending | 0.01% | 12.63% | |
| Bay Equity Home Loans | 0.01% | 27.47% | |
| Academy Mortgage Corporation Utah | 0.03% | 2.22% | |
| Cherry Creek Mortgage | 0.04% | 8.19% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.06% | 10.67% | |
| Quicken Loans | -0.05% | 16.01% | |
| Alpine Bank | -0.02% | 3.09% | |
| Guild Mortgage Company | -0.00% | 14.61% | |
| Cornerstone Home Lending | 0.01% | 12.36% | |
| Bay Equity Home Loans | 0.03% | 31.46% | |
| Academy Mortgage Corporation Utah | 0.04% | 3.09% | |
| Cherry Creek Mortgage | 0.04% | 8.71% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Alpine Bank | -0.10% | 12.17% | |
| Bay Equity Home Loans | -0.02% | 21.30% | |
| Guild Mortgage Company | -0.02% | 4.78% | |
| Wells Fargo Bank | -0.01% | 5.65% | |
| Academy Mortgage Corporation Utah | -0.01% | 0.87% | |
| Cornerstone Home Lending | 0.01% | 13.04% | |
| Cherry Creek Mortgage | 0.03% | 7.39% | |
| Quicken Loans | 0.04% | 34.78% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Bay Equity Home Loans | -0.07% | 24.05% | |
| Quicken Loans | -0.02% | 22.78% | |
| Cherry Creek Mortgage | -0.00% | 5.06% | |
| Cornerstone Home Lending | 0.00% | 2.53% | |
| Wells Fargo Bank | 0.01% | 1.27% | |
| Academy Mortgage Corporation Utah | 0.05% | 21.52% | |
| Guild Mortgage Company | 0.05% | 22.78% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Bay Equity Home Loans | -0.08% | 28.57% | |
| Quicken Loans | -0.03% | 11.11% | |
| Cherry Creek Mortgage | -0.00% | 6.35% | |
| Cornerstone Home Lending | -0.00% | 3.17% | |
| Wells Fargo Bank | 0.01% | 1.59% | |
| Guild Mortgage Company | 0.05% | 26.98% | |
| Academy Mortgage Corporation Utah | 0.06% | 22.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Academy Mortgage Corporation Utah | -0.01% | 18.75% | |
| Guild Mortgage Company | -0.01% | 6.25% | |
| Bay Equity Home Loans | 0.00% | 6.25% | |
| Quicken Loans | 0.00% | 68.75% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.02% | 57.14% | |
| Quicken Loans | 0.01% | 7.14% | |
| Cherry Creek Mortgage | 0.01% | 3.57% | |
| Guild Mortgage Company | 0.02% | 10.71% | |
| Cornerstone Home Lending | 0.02% | 10.71% | |
| Bay Equity Home Loans | 0.04% | 10.71% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.02% | 65.00% | |
| Quicken Loans | 0.01% | 5.00% | |
| Guild Mortgage Company | 0.03% | 10.00% | |
| Cornerstone Home Lending | 0.03% | 10.00% | |
| Bay Equity Home Loans | 0.04% | 10.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.01% | 37.50% | |
| Guild Mortgage Company | 0.00% | 12.50% | |
| Cornerstone Home Lending | 0.00% | 12.50% | |
| Cherry Creek Mortgage | 0.00% | 12.50% | |
| Quicken Loans | 0.00% | 12.50% | |
| Bay Equity Home Loans | 0.02% | 12.50% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Cherry Creek Mortgage | -0.02% | 9.09% | |
| Bay Equity Home Loans | -0.01% | 27.27% | |
| Quicken Loans | -0.01% | 40.91% | |
| Academy Mortgage Corporation Utah | 0.03% | 22.73% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Cherry Creek Mortgage | -0.02% | 14.29% | |
| Quicken Loans | -0.02% | 35.71% | |
| Bay Equity Home Loans | 0.00% | 21.43% | |
| Academy Mortgage Corporation Utah | 0.04% | 28.57% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Academy Mortgage Corporation Utah | -0.02% | 12.50% | |
| Bay Equity Home Loans | -0.01% | 37.50% | |
| Quicken Loans | 0.01% | 50.00% |
* Data is compiled for the Steamboat Springs, CO commuting zone area, which comprises of counties of Moffat County, CO, Rio Blanco County, CO, and Routt County, CO. This includes cities/towns/communities of Steamboat Springs, CO as well as Craig, CO, Yampa, CO, Meeker, CO, Oak Creek, CO, Hayden, CO, Rangely, CO, and Maybell, CO. 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 Steamboat Springs, CO area. For mortgage lender rankings in other cities, click here.