Which mortgage lender in the Eau Claire, WI 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 Eau Claire, WI 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 Eau Claire, WI area in terms of interest rate is Merchants Bank, with an average “Rate Difference” of -0.24%. This means that, comparing similar borrowers, Merchants Bank provided a -0.24% lower interest rate for its customers than other lenders in the area. Merchants Bank has a market share of 7.7%. On the other hand, the most popular lender in the Eau Claire, WI area is Royal Credit Union, with a larger market share of 27.5%. Royal Credit Union is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.08% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Eau Claire, WI 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 Eau Claire, WI is Merchants 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 US Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Altra Federal Credit Union. The cheapest VA mortgage provider is USAA. 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 Eau Claire, WI
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.24% | 7.68% | |
| Royal Credit Union | -0.08% | 27.54% | |
| Altra Federal Credit Union | -0.07% | 6.03% | |
| WESTconsin Credit Union | -0.04% | 7.39% | |
| Keller Mortgage | -0.01% | 0.71% | |
| Co-op Credit Union | -0.01% | 1.67% | |
| Associated Bank | -0.00% | 4.29% | |
| First Bank Financial Centre | 0.00% | 1.65% | |
| Prosperity Home Mortgage LLC | 0.01% | 0.74% | |
| Servion | 0.01% | 1.12% | |
| USAA | 0.01% | 0.80% | |
| Home Federal Savings Bank | 0.02% | 1.07% | |
| Citizens Community Federal | 0.03% | 5.22% | |
| US Bank | 0.04% | 4.46% | |
| Affinity Plus Federal Credit Union | 0.04% | 1.36% | |
| Wells Fargo Bank | 0.07% | 4.26% | |
| AMEC Home Loans | 0.08% | 1.23% | |
| loanDepot | 0.09% | 1.45% | |
| Citizens State Bank of La Crosse | 0.12% | 0.74% | |
| Finance of America Mortgage | 0.12% | 2.37% | |
| Bremer Bank | 0.14% | 4.31% | |
| Flagstar Bank | 0.16% | 3.53% | |
| LeaderOne Financial Corporation | 0.21% | 3.26% | |
| Compeer Financial | 0.22% | 0.96% | |
| Quicken Loans | 0.23% | 6.16% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.21% | 6.56% | |
| Altra Federal Credit Union | -0.11% | 5.27% | |
| US Bank | -0.05% | 4.78% | |
| Royal Credit Union | -0.05% | 27.39% | |
| Associated Bank | -0.04% | 4.55% | |
| Co-op Credit Union | -0.03% | 0.42% | |
| Keller Mortgage | -0.03% | 1.14% | |
| Wells Fargo Bank | -0.03% | 5.42% | |
| Home Federal Savings Bank | -0.03% | 1.06% | |
| First Bank Financial Centre | -0.03% | 1.90% | |
| Servion | -0.02% | 1.10% | |
| Prosperity Home Mortgage LLC | -0.01% | 1.21% | |
| USAA | -0.01% | 1.14% | |
| Affinity Plus Federal Credit Union | -0.00% | 0.57% | |
| WESTconsin Credit Union | -0.00% | 6.56% | |
| loanDepot | 0.04% | 0.76% | |
| Citizens Community Federal | 0.06% | 4.63% | |
| AMEC Home Loans | 0.06% | 1.78% | |
| Citizens State Bank of La Crosse | 0.10% | 0.30% | |
| Finance of America Mortgage | 0.11% | 3.60% | |
| Bremer Bank | 0.14% | 5.46% | |
| Flagstar Bank | 0.16% | 5.24% | |
| Quicken Loans | 0.17% | 3.34% | |
| Compeer Financial | 0.17% | 0.64% | |
| LeaderOne Financial Corporation | 0.20% | 5.16% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.25% | 9.27% | |
| Royal Credit Union | -0.13% | 27.77% | |
| WESTconsin Credit Union | -0.08% | 8.57% | |
| Altra Federal Credit Union | -0.02% | 7.10% | |
| Citizens Community Federal | -0.00% | 6.07% | |
| Co-op Credit Union | 0.02% | 3.47% | |
| USAA | 0.05% | 0.33% | |
| First Bank Financial Centre | 0.05% | 1.30% | |
| Servion | 0.06% | 1.14% | |
| Prosperity Home Mortgage LLC | 0.06% | 0.05% | |
| AMEC Home Loans | 0.06% | 0.43% | |
| Keller Mortgage | 0.06% | 0.11% | |
| Associated Bank | 0.06% | 3.90% | |
| Home Federal Savings Bank | 0.08% | 1.08% | |
| Affinity Plus Federal Credit Union | 0.08% | 2.49% | |
| LeaderOne Financial Corporation | 0.08% | 0.54% | |
| Flagstar Bank | 0.10% | 1.08% | |
| Finance of America Mortgage | 0.12% | 0.60% | |
| loanDepot | 0.13% | 2.44% | |
| Bremer Bank | 0.13% | 2.66% | |
| Citizens State Bank of La Crosse | 0.15% | 1.36% | |
| US Bank | 0.20% | 4.01% | |
| Compeer Financial | 0.27% | 1.41% | |
| Quicken Loans | 0.28% | 10.20% | |
| Wells Fargo Bank | 0.33% | 2.60% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.24% | 8.39% | |
| Royal Credit Union | -0.07% | 31.17% | |
| Altra Federal Credit Union | -0.07% | 6.49% | |
| WESTconsin Credit Union | -0.03% | 8.36% | |
| Keller Mortgage | -0.00% | 0.45% | |
| Co-op Credit Union | -0.00% | 1.89% | |
| Associated Bank | 0.01% | 4.34% | |
| First Bank Financial Centre | 0.01% | 1.62% | |
| Prosperity Home Mortgage LLC | 0.02% | 0.51% | |
| Servion | 0.02% | 1.06% | |
| Home Federal Savings Bank | 0.02% | 1.11% | |
| Citizens Community Federal | 0.03% | 5.91% | |
| Affinity Plus Federal Credit Union | 0.05% | 1.54% | |
| US Bank | 0.06% | 4.37% | |
| Wells Fargo Bank | 0.08% | 4.40% | |
| AMEC Home Loans | 0.09% | 1.01% | |
| USAA | 0.10% | 0.28% | |
| loanDepot | 0.12% | 0.88% | |
| Citizens State Bank of La Crosse | 0.13% | 0.83% | |
| Bremer Bank | 0.17% | 4.17% | |
| Flagstar Bank | 0.19% | 2.42% | |
| Finance of America Mortgage | 0.19% | 1.06% | |
| LeaderOne Financial Corporation | 0.23% | 2.37% | |
| Compeer Financial | 0.24% | 1.01% | |
| Quicken Loans | 0.36% | 4.34% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.22% | 7.18% | |
| Altra Federal Credit Union | -0.11% | 5.63% | |
| US Bank | -0.05% | 4.70% | |
| Royal Credit Union | -0.04% | 31.99% | |
| Associated Bank | -0.04% | 4.70% | |
| Co-op Credit Union | -0.03% | 0.49% | |
| Wells Fargo Bank | -0.02% | 5.58% | |
| Home Federal Savings Bank | -0.02% | 1.15% | |
| First Bank Financial Centre | -0.02% | 1.82% | |
| Keller Mortgage | -0.02% | 0.80% | |
| Servion | -0.01% | 0.97% | |
| Prosperity Home Mortgage LLC | -0.00% | 0.84% | |
| Affinity Plus Federal Credit Union | 0.01% | 0.66% | |
| WESTconsin Credit Union | 0.01% | 7.67% | |
| loanDepot | 0.03% | 0.49% | |
| Citizens Community Federal | 0.06% | 5.41% | |
| USAA | 0.08% | 0.49% | |
| AMEC Home Loans | 0.09% | 1.51% | |
| Citizens State Bank of La Crosse | 0.10% | 0.35% | |
| Bremer Bank | 0.17% | 5.23% | |
| Flagstar Bank | 0.18% | 3.77% | |
| Compeer Financial | 0.18% | 0.75% | |
| Finance of America Mortgage | 0.19% | 1.51% | |
| LeaderOne Financial Corporation | 0.23% | 3.85% | |
| Quicken Loans | 0.26% | 2.48% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Merchants Bank | -0.25% | 9.99% | |
| Royal Credit Union | -0.13% | 30.08% | |
| WESTconsin Credit Union | -0.07% | 9.28% | |
| Altra Federal Credit Union | -0.01% | 7.64% | |
| Citizens Community Federal | 0.00% | 6.58% | |
| Co-op Credit Union | 0.02% | 3.76% | |
| First Bank Financial Centre | 0.06% | 1.35% | |
| Prosperity Home Mortgage LLC | 0.06% | 0.06% | |
| Servion | 0.06% | 1.18% | |
| AMEC Home Loans | 0.06% | 0.35% | |
| Associated Bank | 0.07% | 3.88% | |
| Home Federal Savings Bank | 0.08% | 1.06% | |
| Affinity Plus Federal Credit Union | 0.09% | 2.70% | |
| LeaderOne Financial Corporation | 0.10% | 0.41% | |
| Bremer Bank | 0.14% | 2.76% | |
| Finance of America Mortgage | 0.14% | 0.47% | |
| Citizens State Bank of La Crosse | 0.16% | 1.47% | |
| Flagstar Bank | 0.17% | 0.65% | |
| loanDepot | 0.17% | 1.41% | |
| US Bank | 0.22% | 3.94% | |
| Compeer Financial | 0.30% | 1.35% | |
| Wells Fargo Bank | 0.34% | 2.82% | |
| Quicken Loans | 0.43% | 6.82% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Altra Federal Credit Union | -0.12% | 2.45% | |
| US Bank | -0.12% | 3.67% | |
| Associated Bank | -0.09% | 2.14% | |
| Keller Mortgage | -0.09% | 3.36% | |
| Merchants Bank | -0.09% | 1.22% | |
| Prosperity Home Mortgage LLC | -0.08% | 2.14% | |
| Wells Fargo Bank | -0.08% | 0.92% | |
| First Bank Financial Centre | -0.06% | 3.06% | |
| Servion | -0.06% | 1.53% | |
| Quicken Loans | -0.05% | 23.55% | |
| Home Federal Savings Bank | -0.04% | 0.92% | |
| AMEC Home Loans | -0.03% | 3.06% | |
| Bremer Bank | -0.02% | 4.89% | |
| Finance of America Mortgage | 0.02% | 16.51% | |
| loanDepot | 0.04% | 5.50% | |
| Flagstar Bank | 0.09% | 11.62% | |
| LeaderOne Financial Corporation | 0.13% | 13.46% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.15% | 3.91% | |
| Altra Federal Credit Union | -0.13% | 3.12% | |
| Keller Mortgage | -0.11% | 3.91% | |
| Associated Bank | -0.11% | 2.73% | |
| Merchants Bank | -0.10% | 1.56% | |
| Prosperity Home Mortgage LLC | -0.09% | 2.73% | |
| Wells Fargo Bank | -0.09% | 1.17% | |
| First Bank Financial Centre | -0.07% | 3.52% | |
| Servion | -0.07% | 1.56% | |
| Home Federal Savings Bank | -0.05% | 0.39% | |
| AMEC Home Loans | -0.04% | 3.12% | |
| Quicken Loans | -0.04% | 10.94% | |
| Bremer Bank | -0.03% | 6.25% | |
| Finance of America Mortgage | 0.01% | 19.92% | |
| loanDepot | 0.01% | 3.52% | |
| Flagstar Bank | 0.08% | 14.84% | |
| LeaderOne Financial Corporation | 0.12% | 16.80% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.02% | 69.01% | |
| US Bank | -0.01% | 2.82% | |
| First Bank Financial Centre | -0.00% | 1.41% | |
| Servion | -0.00% | 1.41% | |
| Finance of America Mortgage | 0.01% | 4.23% | |
| Home Federal Savings Bank | 0.01% | 2.82% | |
| AMEC Home Loans | 0.01% | 2.82% | |
| Keller Mortgage | 0.02% | 1.41% | |
| LeaderOne Financial Corporation | 0.04% | 1.41% | |
| loanDepot | 0.10% | 12.68% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 55.00% | |
| Keller Mortgage | -0.00% | 5.00% | |
| Prosperity Home Mortgage LLC | 0.01% | 5.00% | |
| Home Federal Savings Bank | 0.01% | 5.00% | |
| Associated Bank | 0.01% | 15.00% | |
| Compeer Financial | 0.03% | 15.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 75.00% | |
| Prosperity Home Mortgage LLC | 0.02% | 12.50% | |
| Home Federal Savings Bank | 0.02% | 12.50% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 41.67% | |
| Keller Mortgage | -0.01% | 8.33% | |
| Associated Bank | -0.00% | 25.00% | |
| Compeer Financial | 0.03% | 25.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.06% | 14.37% | |
| loanDepot | -0.04% | 6.90% | |
| Wells Fargo Bank | -0.04% | 8.05% | |
| Servion | -0.04% | 1.72% | |
| Associated Bank | -0.03% | 5.75% | |
| Prosperity Home Mortgage LLC | -0.02% | 2.87% | |
| Keller Mortgage | -0.02% | 1.15% | |
| US Bank | -0.01% | 2.30% | |
| Merchants Bank | 0.00% | 4.60% | |
| LeaderOne Financial Corporation | 0.01% | 4.60% | |
| Altra Federal Credit Union | 0.01% | 2.87% | |
| Finance of America Mortgage | 0.02% | 5.75% | |
| Bremer Bank | 0.03% | 6.90% | |
| AMEC Home Loans | 0.03% | 2.87% | |
| Quicken Loans | 0.05% | 15.52% | |
| Flagstar Bank | 0.05% | 13.79% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.07% | 16.52% | |
| Associated Bank | -0.04% | 6.09% | |
| Wells Fargo Bank | -0.04% | 12.17% | |
| Servion | -0.04% | 2.61% | |
| Prosperity Home Mortgage LLC | -0.02% | 4.35% | |
| Keller Mortgage | -0.02% | 1.74% | |
| US Bank | -0.01% | 3.48% | |
| Quicken Loans | 0.00% | 3.48% | |
| Merchants Bank | 0.01% | 6.09% | |
| Altra Federal Credit Union | 0.01% | 3.48% | |
| LeaderOne Financial Corporation | 0.02% | 5.22% | |
| Finance of America Mortgage | 0.02% | 8.70% | |
| AMEC Home Loans | 0.03% | 4.35% | |
| Bremer Bank | 0.03% | 8.70% | |
| Flagstar Bank | 0.10% | 13.04% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| loanDepot | -0.05% | 20.34% | |
| Flagstar Bank | -0.03% | 15.25% | |
| LeaderOne Financial Corporation | -0.03% | 3.39% | |
| USAA | -0.02% | 10.17% | |
| Altra Federal Credit Union | -0.02% | 1.69% | |
| Associated Bank | -0.02% | 5.08% | |
| Merchants Bank | -0.02% | 1.69% | |
| Bremer Bank | -0.01% | 3.39% | |
| Quicken Loans | 0.05% | 38.98% |
* Data is compiled for the Eau Claire, WI commuting zone area, which comprises of counties of Winona County, MN, Buffalo County, WI, Chippewa County, WI, Dunn County, WI, Eau Claire County, WI, Jackson County, WI, Pepin County, WI, and Trempealeau County, WI. This includes cities/towns/communities of Eau Claire, WI as well as Winona, MN, Chippewa Falls, WI, Menomonie, WI, Altoona, WI, Lake Wissota, WI, Lake Hallie, WI, Cornell, WI, Stanley, WI, Dakota, MN, Stockton, MN, Tainter Lake, WI, St. Charles, MN, Elk Mound, WI, Fall Creek, WI, Trempealeau, WI, Seymour, WI, Melrose, WI, Bloomer, WI, Mondovi, WI, Black River Falls, WI, New Auburn, WI, Osseo, WI, Boyceville, WI, Downsville, WI, Taylor, WI, Galesville, WI, Augusta, WI, Merrillan, WI, Ridgeland, WI, Pepin, WI, Durand, WI, Utica, MN, Strum, WI, Millston, WI, Whitehall, WI, Fountain City, WI, Blair, WI, Buffalo City, WI, Alma, WI, Independence, WI, and Arcadia, WI. 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 Eau Claire, WI area. For mortgage lender rankings in other cities, click here.