Which mortgage lender in the Tallahassee, FL 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 Tallahassee, FL 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 Tallahassee, FL area in terms of interest rate is GMFS Mortgage, with an average “Rate Difference” of -0.15%. This means that, comparing similar borrowers, GMFS Mortgage provided a -0.15% lower interest rate for its customers than other lenders in the area. GMFS Mortgage has a market share of 7.7%. On the other hand, the most popular lender in the Tallahassee, FL area is Capital City Bank, with a larger market share of 14.3%. Capital City Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.10% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Tallahassee, FL 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 Tallahassee, FL is GMFS Mortgage. 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 Synovus Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is GMFS Mortgage. 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 Tallahassee, FL
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.15% | 7.72% | |
Capital City Bank | -0.10% | 14.29% | |
Bank of America | -0.06% | 1.70% | |
University Lending Group | -0.04% | 11.19% | |
SunTrust Bank | -0.04% | 1.95% | |
Ameris Bank | -0.03% | 4.01% | |
Truist Bank | -0.03% | 3.91% | |
Navy Federal Credit Union | -0.03% | 1.37% | |
JPMorgan Chase Bank | -0.03% | 1.14% | |
The Mortgage Connection | -0.02% | 1.19% | |
Sierra Pacific Mortgage | -0.01% | 1.45% | |
Synovus Bank | -0.01% | 0.81% | |
loanDepot | -0.00% | 4.29% | |
Fairway Independent Mortgage Corporation | -0.00% | 1.40% | |
Movement Mortgage | 0.00% | 6.45% | |
Bay Capital Mortgage Corporation | 0.00% | 0.81% | |
Wells Fargo Bank | 0.01% | 2.74% | |
Centennial Bank | 0.01% | 1.42% | |
Guaranteed Rate | 0.02% | 1.75% | |
USAA | 0.02% | 2.01% | |
Caliber Home Loans | 0.03% | 0.84% | |
On Q Financial | 0.03% | 2.01% | |
Freedom Mortgage Corporation | 0.03% | 0.79% | |
Hancock Whitney Bank | 0.06% | 1.70% | |
Regions Bank | 0.09% | 1.37% | |
Mr. Cooper | 0.10% | 1.32% | |
Quicken Loans | 0.11% | 13.81% | |
DelMar Financial Company | 0.14% | 1.24% | |
Amerifirst Home Mortgage | 0.19% | 1.19% | |
Envision Credit Union | 0.25% | 4.14% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.14% | 8.28% | |
Capital City Bank | -0.08% | 17.61% | |
Bank of America | -0.07% | 1.72% | |
SunTrust Bank | -0.05% | 1.79% | |
JPMorgan Chase Bank | -0.03% | 0.67% | |
University Lending Group | -0.03% | 14.14% | |
Ameris Bank | -0.02% | 4.35% | |
Navy Federal Credit Union | -0.02% | 1.47% | |
Wells Fargo Bank | -0.01% | 2.67% | |
Truist Bank | -0.01% | 3.93% | |
Sierra Pacific Mortgage | -0.01% | 1.72% | |
Synovus Bank | 0.00% | 1.09% | |
Fairway Independent Mortgage Corporation | 0.01% | 1.51% | |
The Mortgage Connection | 0.01% | 0.81% | |
Movement Mortgage | 0.01% | 8.04% | |
Freedom Mortgage Corporation | 0.01% | 0.49% | |
Bay Capital Mortgage Corporation | 0.01% | 1.09% | |
Centennial Bank | 0.02% | 1.58% | |
loanDepot | 0.02% | 4.00% | |
Guaranteed Rate | 0.03% | 2.11% | |
USAA | 0.05% | 2.25% | |
On Q Financial | 0.05% | 2.28% | |
Regions Bank | 0.07% | 1.23% | |
Caliber Home Loans | 0.07% | 0.53% | |
Hancock Whitney Bank | 0.09% | 1.79% | |
Mr. Cooper | 0.10% | 0.77% | |
Quicken Loans | 0.15% | 5.75% | |
DelMar Financial Company | 0.17% | 1.54% | |
Amerifirst Home Mortgage | 0.22% | 1.44% | |
Envision Credit Union | 0.33% | 3.37% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.18% | 6.24% | |
Capital City Bank | -0.18% | 5.60% | |
Truist Bank | -0.08% | 3.85% | |
The Mortgage Connection | -0.07% | 2.20% | |
Ameris Bank | -0.06% | 3.12% | |
loanDepot | -0.05% | 5.05% | |
USAA | -0.05% | 1.38% | |
Bank of America | -0.04% | 1.65% | |
JPMorgan Chase Bank | -0.04% | 2.39% | |
Navy Federal Credit Union | -0.04% | 1.10% | |
University Lending Group | -0.04% | 3.49% | |
On Q Financial | -0.03% | 1.28% | |
Caliber Home Loans | -0.03% | 1.65% | |
Hancock Whitney Bank | -0.03% | 1.47% | |
DelMar Financial Company | -0.02% | 0.46% | |
SunTrust Bank | -0.01% | 2.39% | |
Guaranteed Rate | -0.01% | 0.83% | |
Fairway Independent Mortgage Corporation | -0.01% | 1.10% | |
Movement Mortgage | -0.01% | 2.29% | |
Synovus Bank | -0.00% | 0.09% | |
Bay Capital Mortgage Corporation | 0.00% | 0.09% | |
Sierra Pacific Mortgage | 0.01% | 0.73% | |
Amerifirst Home Mortgage | 0.01% | 0.55% | |
Centennial Bank | 0.01% | 1.01% | |
Freedom Mortgage Corporation | 0.02% | 1.56% | |
Wells Fargo Bank | 0.05% | 2.94% | |
Quicken Loans | 0.06% | 34.86% | |
Mr. Cooper | 0.07% | 2.75% | |
Regions Bank | 0.13% | 1.74% | |
Envision Credit Union | 0.13% | 6.15% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.16% | 8.73% | |
Capital City Bank | -0.11% | 16.49% | |
Bank of America | -0.07% | 2.04% | |
SunTrust Bank | -0.04% | 2.38% | |
loanDepot | -0.04% | 3.10% | |
Ameris Bank | -0.03% | 4.31% | |
Truist Bank | -0.03% | 4.97% | |
University Lending Group | -0.03% | 9.83% | |
JPMorgan Chase Bank | -0.03% | 1.52% | |
The Mortgage Connection | -0.02% | 1.52% | |
Synovus Bank | -0.01% | 0.83% | |
Fairway Independent Mortgage Corporation | -0.01% | 1.24% | |
Sierra Pacific Mortgage | -0.00% | 1.48% | |
Wells Fargo Bank | 0.01% | 3.55% | |
Bay Capital Mortgage Corporation | 0.01% | 1.10% | |
Centennial Bank | 0.01% | 1.41% | |
On Q Financial | 0.01% | 1.72% | |
Guaranteed Rate | 0.02% | 1.69% | |
Caliber Home Loans | 0.02% | 0.62% | |
USAA | 0.03% | 1.03% | |
Freedom Mortgage Corporation | 0.04% | 0.28% | |
Movement Mortgage | 0.04% | 5.48% | |
Navy Federal Credit Union | 0.06% | 0.76% | |
Amerifirst Home Mortgage | 0.06% | 0.83% | |
DelMar Financial Company | 0.08% | 0.69% | |
Hancock Whitney Bank | 0.08% | 1.55% | |
Mr. Cooper | 0.12% | 0.86% | |
Regions Bank | 0.12% | 1.52% | |
Quicken Loans | 0.14% | 12.87% | |
Envision Credit Union | 0.25% | 5.59% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.14% | 9.16% | |
Capital City Bank | -0.09% | 20.53% | |
Bank of America | -0.07% | 2.06% | |
SunTrust Bank | -0.06% | 2.16% | |
JPMorgan Chase Bank | -0.03% | 0.88% | |
Ameris Bank | -0.02% | 4.56% | |
loanDepot | -0.02% | 2.89% | |
University Lending Group | -0.02% | 12.49% | |
Wells Fargo Bank | -0.01% | 3.63% | |
Truist Bank | -0.01% | 5.19% | |
Sierra Pacific Mortgage | 0.00% | 1.76% | |
Fairway Independent Mortgage Corporation | 0.00% | 1.37% | |
Synovus Bank | 0.01% | 1.18% | |
The Mortgage Connection | 0.01% | 1.03% | |
Centennial Bank | 0.01% | 1.52% | |
Bay Capital Mortgage Corporation | 0.02% | 1.52% | |
Guaranteed Rate | 0.03% | 1.96% | |
On Q Financial | 0.04% | 1.96% | |
USAA | 0.05% | 1.18% | |
Freedom Mortgage Corporation | 0.05% | 0.10% | |
Movement Mortgage | 0.06% | 6.96% | |
Caliber Home Loans | 0.07% | 0.39% | |
Amerifirst Home Mortgage | 0.08% | 0.88% | |
Navy Federal Credit Union | 0.10% | 0.73% | |
Regions Bank | 0.11% | 1.22% | |
DelMar Financial Company | 0.11% | 0.78% | |
Hancock Whitney Bank | 0.11% | 1.81% | |
Mr. Cooper | 0.11% | 0.29% | |
Quicken Loans | 0.20% | 5.10% | |
Envision Credit Union | 0.34% | 4.70% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.19% | 7.69% | |
Capital City Bank | -0.19% | 6.88% | |
Truist Bank | -0.09% | 4.43% | |
loanDepot | -0.09% | 3.61% | |
The Mortgage Connection | -0.07% | 2.68% | |
Ameris Bank | -0.07% | 3.73% | |
Hancock Whitney Bank | -0.05% | 0.93% | |
On Q Financial | -0.05% | 1.17% | |
Bank of America | -0.05% | 1.98% | |
University Lending Group | -0.05% | 3.50% | |
JPMorgan Chase Bank | -0.04% | 3.03% | |
Caliber Home Loans | -0.04% | 1.17% | |
USAA | -0.03% | 0.70% | |
Navy Federal Credit Union | -0.03% | 0.82% | |
Fairway Independent Mortgage Corporation | -0.02% | 0.93% | |
DelMar Financial Company | -0.02% | 0.47% | |
SunTrust Bank | -0.02% | 2.91% | |
Guaranteed Rate | -0.01% | 1.05% | |
Movement Mortgage | -0.00% | 1.98% | |
Bay Capital Mortgage Corporation | -0.00% | 0.12% | |
Amerifirst Home Mortgage | 0.01% | 0.70% | |
Sierra Pacific Mortgage | 0.01% | 0.82% | |
Freedom Mortgage Corporation | 0.01% | 0.70% | |
Centennial Bank | 0.01% | 1.17% | |
Wells Fargo Bank | 0.05% | 3.38% | |
Mr. Cooper | 0.09% | 2.21% | |
Quicken Loans | 0.09% | 31.35% | |
Regions Bank | 0.12% | 2.21% | |
Envision Credit Union | 0.13% | 7.69% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.15% | 4.41% | |
Movement Mortgage | -0.09% | 12.18% | |
University Lending Group | -0.07% | 17.35% | |
Regions Bank | -0.05% | 1.22% | |
Sierra Pacific Mortgage | -0.05% | 1.37% | |
Ameris Bank | -0.04% | 3.50% | |
Capital City Bank | -0.04% | 8.22% | |
Bank of America | -0.02% | 0.61% | |
Fairway Independent Mortgage Corporation | -0.01% | 1.37% | |
Freedom Mortgage Corporation | -0.01% | 1.22% | |
Truist Bank | 0.01% | 0.76% | |
Quicken Loans | 0.02% | 19.63% | |
Guaranteed Rate | 0.02% | 2.28% | |
Navy Federal Credit Union | 0.02% | 0.15% | |
Centennial Bank | 0.02% | 1.83% | |
The Mortgage Connection | 0.02% | 0.15% | |
Hancock Whitney Bank | 0.03% | 1.22% | |
SunTrust Bank | 0.04% | 0.15% | |
On Q Financial | 0.05% | 3.50% | |
Caliber Home Loans | 0.06% | 1.22% | |
Wells Fargo Bank | 0.06% | 0.15% | |
Mr. Cooper | 0.08% | 3.35% | |
loanDepot | 0.09% | 7.15% | |
DelMar Financial Company | 0.20% | 4.11% | |
Amerifirst Home Mortgage | 0.37% | 2.89% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
GMFS Mortgage | -0.15% | 5.41% | |
Movement Mortgage | -0.09% | 14.74% | |
University Lending Group | -0.07% | 20.71% | |
Regions Bank | -0.05% | 1.49% | |
Sierra Pacific Mortgage | -0.04% | 1.68% | |
Ameris Bank | -0.04% | 4.10% | |
Capital City Bank | -0.03% | 9.89% | |
Bank of America | -0.01% | 0.75% | |
Freedom Mortgage Corporation | -0.01% | 1.31% | |
Fairway Independent Mortgage Corporation | -0.00% | 1.68% | |
Truist Bank | 0.01% | 0.56% | |
Guaranteed Rate | 0.02% | 2.80% | |
Navy Federal Credit Union | 0.02% | 0.19% | |
Centennial Bank | 0.02% | 2.05% | |
Hancock Whitney Bank | 0.04% | 1.31% | |
SunTrust Bank | 0.05% | 0.19% | |
On Q Financial | 0.06% | 3.73% | |
Quicken Loans | 0.06% | 8.58% | |
Caliber Home Loans | 0.09% | 0.93% | |
loanDepot | 0.09% | 7.09% | |
Mr. Cooper | 0.09% | 2.43% | |
DelMar Financial Company | 0.21% | 4.85% | |
Amerifirst Home Mortgage | 0.38% | 3.54% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Quicken Loans | -0.02% | 68.60% | |
Ameris Bank | -0.00% | 0.83% | |
Truist Bank | 0.00% | 1.65% | |
Hancock Whitney Bank | 0.00% | 0.83% | |
Freedom Mortgage Corporation | 0.00% | 0.83% | |
Centennial Bank | 0.00% | 0.83% | |
University Lending Group | 0.01% | 2.48% | |
The Mortgage Connection | 0.01% | 0.83% | |
Caliber Home Loans | 0.01% | 2.48% | |
DelMar Financial Company | 0.01% | 0.83% | |
Movement Mortgage | 0.01% | 0.83% | |
On Q Financial | 0.01% | 2.48% | |
Capital City Bank | 0.02% | 0.83% | |
Wells Fargo Bank | 0.05% | 0.83% | |
Mr. Cooper | 0.06% | 7.44% | |
loanDepot | 0.12% | 7.44% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Synovus Bank | -0.02% | 17.78% | |
Hancock Whitney Bank | -0.01% | 24.44% | |
SunTrust Bank | 0.00% | 11.11% | |
Bank of America | 0.00% | 6.67% | |
Capital City Bank | 0.00% | 13.33% | |
Truist Bank | 0.00% | 8.89% | |
Wells Fargo Bank | 0.01% | 2.22% | |
Movement Mortgage | 0.01% | 2.22% | |
Envision Credit Union | 0.01% | 2.22% | |
GMFS Mortgage | 0.02% | 2.22% | |
JPMorgan Chase Bank | 0.03% | 2.22% | |
Quicken Loans | 0.04% | 6.67% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Synovus Bank | -0.02% | 25.00% | |
Hancock Whitney Bank | -0.00% | 17.86% | |
SunTrust Bank | 0.00% | 14.29% | |
Capital City Bank | 0.00% | 17.86% | |
Bank of America | 0.01% | 7.14% | |
Truist Bank | 0.01% | 7.14% | |
Movement Mortgage | 0.01% | 3.57% | |
GMFS Mortgage | 0.02% | 3.57% | |
JPMorgan Chase Bank | 0.03% | 3.57% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Hancock Whitney Bank | -0.01% | 35.29% | |
Truist Bank | -0.01% | 11.76% | |
Bank of America | -0.01% | 5.88% | |
SunTrust Bank | -0.00% | 5.88% | |
Synovus Bank | -0.00% | 5.88% | |
Capital City Bank | 0.00% | 5.88% | |
Wells Fargo Bank | 0.00% | 5.88% | |
Envision Credit Union | 0.01% | 5.88% | |
Quicken Loans | 0.03% | 17.65% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Navy Federal Credit Union | -0.10% | 9.14% | |
GMFS Mortgage | -0.07% | 6.19% | |
loanDepot | -0.04% | 9.44% | |
University Lending Group | -0.02% | 12.39% | |
Capital City Bank | -0.01% | 7.37% | |
Caliber Home Loans | -0.01% | 2.06% | |
Hancock Whitney Bank | 0.00% | 0.88% | |
The Mortgage Connection | 0.01% | 0.59% | |
Centennial Bank | 0.02% | 0.88% | |
USAA | 0.02% | 14.45% | |
Regions Bank | 0.02% | 0.59% | |
Sierra Pacific Mortgage | 0.02% | 1.47% | |
Fairway Independent Mortgage Corporation | 0.02% | 2.95% | |
Ameris Bank | 0.02% | 2.95% | |
SunTrust Bank | 0.02% | 0.59% | |
Truist Bank | 0.03% | 0.29% | |
Movement Mortgage | 0.03% | 4.13% | |
Guaranteed Rate | 0.03% | 1.47% | |
DelMar Financial Company | 0.03% | 0.59% | |
Freedom Mortgage Corporation | 0.04% | 4.42% | |
Bank of America | 0.04% | 0.29% | |
Wells Fargo Bank | 0.04% | 0.88% | |
Mr. Cooper | 0.06% | 1.47% | |
On Q Financial | 0.06% | 1.77% | |
Quicken Loans | 0.08% | 11.50% | |
Amerifirst Home Mortgage | 0.09% | 1.18% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
Navy Federal Credit Union | -0.11% | 10.61% | |
GMFS Mortgage | -0.07% | 7.76% | |
University Lending Group | -0.02% | 15.10% | |
loanDepot | -0.02% | 6.94% | |
Capital City Bank | -0.01% | 10.20% | |
Caliber Home Loans | 0.00% | 0.82% | |
Hancock Whitney Bank | 0.00% | 0.82% | |
Freedom Mortgage Corporation | 0.01% | 2.04% | |
The Mortgage Connection | 0.01% | 0.82% | |
Centennial Bank | 0.02% | 1.22% | |
Fairway Independent Mortgage Corporation | 0.02% | 2.45% | |
Regions Bank | 0.02% | 0.82% | |
Ameris Bank | 0.03% | 3.67% | |
SunTrust Bank | 0.03% | 0.82% | |
Sierra Pacific Mortgage | 0.03% | 1.63% | |
Truist Bank | 0.03% | 0.41% | |
USAA | 0.03% | 16.33% | |
Guaranteed Rate | 0.04% | 2.04% | |
DelMar Financial Company | 0.04% | 0.82% | |
Wells Fargo Bank | 0.04% | 0.82% | |
Bank of America | 0.04% | 0.41% | |
Mr. Cooper | 0.07% | 1.22% | |
Quicken Loans | 0.07% | 5.71% | |
Movement Mortgage | 0.08% | 2.86% | |
On Q Financial | 0.08% | 2.04% | |
Amerifirst Home Mortgage | 0.10% | 1.63% |
Lender Name | Rate Difference | Rate Rating | Market Share |
---|---|---|---|
loanDepot | -0.07% | 15.96% | |
USAA | -0.05% | 9.57% | |
Navy Federal Credit Union | -0.05% | 5.32% | |
Caliber Home Loans | -0.03% | 5.32% | |
Movement Mortgage | -0.03% | 7.45% | |
GMFS Mortgage | -0.01% | 2.13% | |
Sierra Pacific Mortgage | -0.01% | 1.06% | |
University Lending Group | -0.01% | 5.32% | |
On Q Financial | -0.01% | 1.06% | |
Hancock Whitney Bank | -0.01% | 1.06% | |
Fairway Independent Mortgage Corporation | 0.01% | 4.26% | |
Ameris Bank | 0.01% | 1.06% | |
Wells Fargo Bank | 0.03% | 1.06% | |
Freedom Mortgage Corporation | 0.04% | 10.64% | |
Mr. Cooper | 0.04% | 2.13% | |
Quicken Loans | 0.07% | 26.60% |
* Data is compiled for the Tallahassee, FL commuting zone area, which comprises of counties of Calhoun County, FL, Gadsden County, FL, Jefferson County, FL, Leon County, FL, Liberty County, FL, and Wakulla County, FL. This includes cities/towns/communities of Tallahassee, FL as well as Crawfordville, FL, Havana, FL, St. Marks, FL, Monticello, FL, Midway, FL, Quincy, FL, Panacea, FL, Wacissa, FL, Woodville, FL, Greensboro, FL, Blountstown, FL, Bristol, FL, Gretna, FL, Altha, FL, Chattahoochee, FL, and Hosford, FL. 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 Tallahassee, FL area. For mortgage lender rankings in other cities, click here.