Which mortgage lender in the Erie, PA 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 Erie, PA 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 Erie, PA area in terms of interest rate is Widget Financial, with an average “Rate Difference” of -0.25%. This means that, comparing similar borrowers, Widget Financial provided a -0.25% lower interest rate for its customers than other lenders in the area. Widget Financial has a market share of 3.0%. On the other hand, the most popular lender in the Erie, PA area is Northwest Bank PA, with a larger market share of 20.5%. Northwest Bank PA is also a relatively cheap lender, with a “Rate Difference” of -0.16% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Erie, PA 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 Erie, PA is Widget Financial. 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 Northwest Bank PA. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is M&T 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 Erie, PA
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Widget Financial | -0.25% | 3.04% | |
| PSECU | -0.21% | 1.36% | |
| Northwest Bank PA | -0.16% | 20.54% | |
| Howard Hanna Mortgage Services | -0.10% | 2.10% | |
| M&T Bank | -0.06% | 3.35% | |
| Holland Mortgage Advisors | -0.05% | 1.92% | |
| Equity Resources | -0.05% | 1.05% | |
| OwnersChoice Funding | -0.04% | 0.57% | |
| Marquette Savings Bank | -0.02% | 9.19% | |
| USAA | -0.01% | 0.98% | |
| Princeton Mortgage | -0.01% | 0.94% | |
| Navy Federal Credit Union | -0.01% | 0.81% | |
| Home Point Financial Corporation | -0.01% | 1.29% | |
| The Farmers National Bank of Emlenton | -0.01% | 0.98% | |
| Plaza Home Mortgage | 0.01% | 1.88% | |
| Flagstar Bank | 0.01% | 2.65% | |
| Huntington National Bank | 0.01% | 0.85% | |
| loanDepot | 0.02% | 0.64% | |
| Wells Fargo Bank | 0.02% | 1.44% | |
| Mr. Cooper | 0.05% | 0.92% | |
| KeyBank | 0.05% | 1.99% | |
| Tidewater Mortgage Services | 0.05% | 3.06% | |
| PNC Bank | 0.06% | 7.72% | |
| CNB Bank | 0.08% | 3.59% | |
| Union Home Mortgage | 0.08% | 2.04% | |
| First National Bank of Pennsylvania | 0.10% | 4.55% | |
| PrimeLending | 0.11% | 0.87% | |
| Movement Mortgage | 0.13% | 2.98% | |
| Quicken Loans | 0.16% | 11.27% | |
| Community Bank NA | 0.23% | 5.42% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Northwest Bank PA | -0.19% | 19.31% | |
| PSECU | -0.13% | 0.96% | |
| Widget Financial | -0.11% | 1.29% | |
| Howard Hanna Mortgage Services | -0.11% | 3.40% | |
| The Farmers National Bank of Emlenton | -0.09% | 0.60% | |
| M&T Bank | -0.08% | 5.02% | |
| Holland Mortgage Advisors | -0.07% | 2.77% | |
| Equity Resources | -0.06% | 1.47% | |
| OwnersChoice Funding | -0.06% | 0.45% | |
| PNC Bank | -0.05% | 3.64% | |
| Wells Fargo Bank | -0.03% | 1.65% | |
| USAA | -0.03% | 1.41% | |
| Princeton Mortgage | -0.02% | 1.50% | |
| Home Point Financial Corporation | -0.02% | 1.81% | |
| Navy Federal Credit Union | -0.02% | 1.20% | |
| Huntington National Bank | -0.01% | 0.63% | |
| CNB Bank | -0.01% | 2.77% | |
| Plaza Home Mortgage | 0.00% | 2.95% | |
| Flagstar Bank | 0.00% | 4.18% | |
| KeyBank | 0.01% | 1.62% | |
| loanDepot | 0.03% | 0.09% | |
| Mr. Cooper | 0.03% | 0.78% | |
| First National Bank of Pennsylvania | 0.04% | 2.56% | |
| Tidewater Mortgage Services | 0.04% | 4.87% | |
| Union Home Mortgage | 0.08% | 3.10% | |
| Marquette Savings Bank | 0.09% | 8.39% | |
| PrimeLending | 0.10% | 1.41% | |
| Movement Mortgage | 0.13% | 4.63% | |
| Quicken Loans | 0.19% | 9.72% | |
| Community Bank NA | 0.26% | 5.78% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Widget Financial | -0.29% | 5.80% | |
| PSECU | -0.26% | 2.00% | |
| Marquette Savings Bank | -0.16% | 10.46% | |
| Northwest Bank PA | -0.13% | 22.48% | |
| OwnersChoice Funding | -0.01% | 0.76% | |
| Movement Mortgage | -0.01% | 0.38% | |
| M&T Bank | -0.01% | 0.71% | |
| Union Home Mortgage | 0.00% | 0.38% | |
| Navy Federal Credit Union | 0.01% | 0.19% | |
| Equity Resources | 0.01% | 0.38% | |
| Tidewater Mortgage Services | 0.02% | 0.19% | |
| Flagstar Bank | 0.03% | 0.24% | |
| USAA | 0.03% | 0.29% | |
| Howard Hanna Mortgage Services | 0.03% | 0.05% | |
| Home Point Financial Corporation | 0.03% | 0.48% | |
| Princeton Mortgage | 0.03% | 0.05% | |
| loanDepot | 0.04% | 1.52% | |
| Huntington National Bank | 0.04% | 1.19% | |
| Plaza Home Mortgage | 0.04% | 0.19% | |
| Holland Mortgage Advisors | 0.04% | 0.57% | |
| The Farmers National Bank of Emlenton | 0.05% | 1.57% | |
| Mr. Cooper | 0.07% | 1.14% | |
| KeyBank | 0.09% | 2.57% | |
| PNC Bank | 0.11% | 14.16% | |
| First National Bank of Pennsylvania | 0.13% | 7.70% | |
| Wells Fargo Bank | 0.14% | 1.09% | |
| Quicken Loans | 0.14% | 13.74% | |
| CNB Bank | 0.16% | 4.90% | |
| Community Bank NA | 0.16% | 4.85% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Widget Financial | -0.25% | 3.82% | |
| PSECU | -0.20% | 1.71% | |
| Northwest Bank PA | -0.16% | 25.69% | |
| Howard Hanna Mortgage Services | -0.12% | 1.69% | |
| Holland Mortgage Advisors | -0.07% | 1.67% | |
| Equity Resources | -0.05% | 0.69% | |
| OwnersChoice Funding | -0.04% | 0.72% | |
| M&T Bank | -0.02% | 2.82% | |
| Marquette Savings Bank | -0.02% | 11.48% | |
| Princeton Mortgage | -0.01% | 0.88% | |
| The Farmers National Bank of Emlenton | -0.01% | 1.23% | |
| Huntington National Bank | 0.02% | 0.88% | |
| Wells Fargo Bank | 0.03% | 1.60% | |
| loanDepot | 0.04% | 0.32% | |
| USAA | 0.05% | 0.30% | |
| KeyBank | 0.06% | 2.15% | |
| Mr. Cooper | 0.06% | 0.28% | |
| PNC Bank | 0.07% | 9.17% | |
| Union Home Mortgage | 0.07% | 1.50% | |
| PrimeLending | 0.07% | 0.49% | |
| Home Point Financial Corporation | 0.08% | 0.42% | |
| CNB Bank | 0.08% | 4.38% | |
| Plaza Home Mortgage | 0.09% | 0.35% | |
| Tidewater Mortgage Services | 0.10% | 1.81% | |
| First National Bank of Pennsylvania | 0.11% | 5.37% | |
| Flagstar Bank | 0.12% | 1.69% | |
| Movement Mortgage | 0.13% | 2.59% | |
| Navy Federal Credit Union | 0.17% | 0.42% | |
| Community Bank NA | 0.23% | 6.81% | |
| Quicken Loans | 0.26% | 7.08% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Northwest Bank PA | -0.19% | 26.28% | |
| PSECU | -0.13% | 1.31% | |
| Howard Hanna Mortgage Services | -0.13% | 2.96% | |
| Widget Financial | -0.11% | 1.77% | |
| Holland Mortgage Advisors | -0.09% | 2.59% | |
| The Farmers National Bank of Emlenton | -0.09% | 0.82% | |
| Equity Resources | -0.07% | 1.03% | |
| OwnersChoice Funding | -0.06% | 0.62% | |
| PNC Bank | -0.05% | 4.11% | |
| M&T Bank | -0.03% | 4.48% | |
| Wells Fargo Bank | -0.03% | 1.89% | |
| Princeton Mortgage | -0.03% | 1.52% | |
| CNB Bank | -0.01% | 3.78% | |
| Huntington National Bank | -0.01% | 0.62% | |
| KeyBank | 0.02% | 1.77% | |
| loanDepot | 0.03% | 0.08% | |
| Mr. Cooper | 0.03% | 0.12% | |
| USAA | 0.04% | 0.53% | |
| PrimeLending | 0.06% | 0.86% | |
| First National Bank of Pennsylvania | 0.06% | 2.92% | |
| Union Home Mortgage | 0.06% | 2.42% | |
| Home Point Financial Corporation | 0.08% | 0.57% | |
| Plaza Home Mortgage | 0.09% | 0.57% | |
| Tidewater Mortgage Services | 0.09% | 3.12% | |
| Marquette Savings Bank | 0.09% | 11.33% | |
| Flagstar Bank | 0.12% | 2.83% | |
| Movement Mortgage | 0.13% | 4.31% | |
| Navy Federal Credit Union | 0.17% | 0.70% | |
| Community Bank NA | 0.26% | 7.89% | |
| Quicken Loans | 0.27% | 6.20% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Widget Financial | -0.29% | 6.47% | |
| PSECU | -0.25% | 2.23% | |
| Marquette Savings Bank | -0.16% | 11.67% | |
| Northwest Bank PA | -0.13% | 24.93% | |
| Movement Mortgage | -0.02% | 0.37% | |
| M&T Bank | -0.01% | 0.69% | |
| OwnersChoice Funding | -0.01% | 0.85% | |
| Union Home Mortgage | -0.01% | 0.32% | |
| Tidewater Mortgage Services | 0.00% | 0.11% | |
| Navy Federal Credit Union | 0.02% | 0.05% | |
| Equity Resources | 0.02% | 0.27% | |
| Plaza Home Mortgage | 0.02% | 0.05% | |
| Flagstar Bank | 0.03% | 0.21% | |
| Howard Hanna Mortgage Services | 0.03% | 0.05% | |
| Princeton Mortgage | 0.03% | 0.05% | |
| Home Point Financial Corporation | 0.04% | 0.21% | |
| Huntington National Bank | 0.04% | 1.22% | |
| Holland Mortgage Advisors | 0.05% | 0.48% | |
| loanDepot | 0.05% | 0.64% | |
| The Farmers National Bank of Emlenton | 0.05% | 1.75% | |
| Mr. Cooper | 0.08% | 0.48% | |
| KeyBank | 0.10% | 2.65% | |
| PNC Bank | 0.12% | 15.70% | |
| First National Bank of Pennsylvania | 0.14% | 8.54% | |
| Wells Fargo Bank | 0.14% | 1.22% | |
| Community Bank NA | 0.17% | 5.41% | |
| CNB Bank | 0.17% | 5.15% | |
| Quicken Loans | 0.25% | 8.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| M&T Bank | -0.16% | 6.72% | |
| Flagstar Bank | -0.14% | 7.21% | |
| Home Point Financial Corporation | -0.07% | 4.85% | |
| PNC Bank | -0.07% | 1.99% | |
| Howard Hanna Mortgage Services | -0.07% | 4.10% | |
| Equity Resources | -0.07% | 2.86% | |
| First National Bank of Pennsylvania | -0.06% | 1.00% | |
| Holland Mortgage Advisors | -0.04% | 2.61% | |
| Huntington National Bank | -0.03% | 0.75% | |
| Plaza Home Mortgage | -0.03% | 8.96% | |
| KeyBank | -0.03% | 0.62% | |
| Princeton Mortgage | -0.02% | 1.24% | |
| Tidewater Mortgage Services | -0.00% | 9.33% | |
| Navy Federal Credit Union | 0.01% | 0.12% | |
| loanDepot | 0.02% | 0.75% | |
| Mr. Cooper | 0.03% | 3.11% | |
| Wells Fargo Bank | 0.04% | 0.25% | |
| Quicken Loans | 0.06% | 31.59% | |
| Union Home Mortgage | 0.09% | 3.98% | |
| PrimeLending | 0.14% | 2.86% | |
| Movement Mortgage | 0.14% | 5.10% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| M&T Bank | -0.17% | 7.66% | |
| Flagstar Bank | -0.14% | 8.54% | |
| PNC Bank | -0.08% | 2.21% | |
| Equity Resources | -0.08% | 2.95% | |
| Home Point Financial Corporation | -0.08% | 5.60% | |
| Howard Hanna Mortgage Services | -0.07% | 4.86% | |
| First National Bank of Pennsylvania | -0.06% | 1.18% | |
| Huntington National Bank | -0.05% | 0.59% | |
| Holland Mortgage Advisors | -0.04% | 2.95% | |
| KeyBank | -0.04% | 0.59% | |
| Plaza Home Mortgage | -0.03% | 10.46% | |
| Princeton Mortgage | -0.03% | 1.47% | |
| Tidewater Mortgage Services | -0.01% | 10.90% | |
| Navy Federal Credit Union | 0.00% | 0.15% | |
| Mr. Cooper | 0.02% | 2.36% | |
| loanDepot | 0.02% | 0.15% | |
| Wells Fargo Bank | 0.04% | 0.29% | |
| Union Home Mortgage | 0.09% | 4.71% | |
| Quicken Loans | 0.11% | 22.97% | |
| PrimeLending | 0.14% | 3.39% | |
| Movement Mortgage | 0.14% | 6.04% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.01% | 78.40% | |
| Equity Resources | -0.00% | 2.40% | |
| KeyBank | 0.00% | 0.80% | |
| Plaza Home Mortgage | 0.01% | 0.80% | |
| M&T Bank | 0.01% | 1.60% | |
| Huntington National Bank | 0.01% | 1.60% | |
| Home Point Financial Corporation | 0.01% | 0.80% | |
| Holland Mortgage Advisors | 0.02% | 0.80% | |
| Tidewater Mortgage Services | 0.02% | 0.80% | |
| PNC Bank | 0.03% | 0.80% | |
| loanDepot | 0.04% | 4.00% | |
| Mr. Cooper | 0.07% | 7.20% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Northwest Bank PA | -0.01% | 7.41% | |
| First National Bank of Pennsylvania | -0.01% | 18.52% | |
| Marquette Savings Bank | -0.01% | 11.11% | |
| Wells Fargo Bank | -0.00% | 7.41% | |
| KeyBank | -0.00% | 22.22% | |
| Huntington National Bank | -0.00% | 7.41% | |
| PNC Bank | 0.01% | 3.70% | |
| CNB Bank | 0.02% | 22.22% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First National Bank of Pennsylvania | -0.00% | 26.67% | |
| KeyBank | -0.00% | 20.00% | |
| Marquette Savings Bank | -0.00% | 20.00% | |
| Wells Fargo Bank | 0.00% | 13.33% | |
| Huntington National Bank | 0.00% | 13.33% | |
| PNC Bank | 0.01% | 6.67% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First National Bank of Pennsylvania | -0.02% | 8.33% | |
| Northwest Bank PA | -0.02% | 16.67% | |
| KeyBank | -0.00% | 25.00% | |
| CNB Bank | 0.01% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.15% | 9.03% | |
| USAA | -0.04% | 14.44% | |
| Howard Hanna Mortgage Services | -0.04% | 2.89% | |
| M&T Bank | -0.03% | 2.17% | |
| Wells Fargo Bank | -0.03% | 1.81% | |
| First National Bank of Pennsylvania | -0.03% | 0.72% | |
| PNC Bank | -0.01% | 2.17% | |
| loanDepot | -0.00% | 5.42% | |
| Flagstar Bank | -0.00% | 4.69% | |
| Equity Resources | 0.00% | 1.44% | |
| KeyBank | 0.00% | 1.44% | |
| Northwest Bank PA | 0.00% | 1.08% | |
| Holland Mortgage Advisors | 0.01% | 3.97% | |
| Home Point Financial Corporation | 0.01% | 4.69% | |
| Mr. Cooper | 0.02% | 4.69% | |
| PrimeLending | 0.03% | 1.08% | |
| Princeton Mortgage | 0.03% | 1.08% | |
| Movement Mortgage | 0.04% | 3.25% | |
| Tidewater Mortgage Services | 0.04% | 4.69% | |
| Quicken Loans | 0.05% | 18.77% | |
| Plaza Home Mortgage | 0.06% | 5.42% | |
| Union Home Mortgage | 0.08% | 5.05% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.16% | 11.28% | |
| USAA | -0.04% | 17.44% | |
| Howard Hanna Mortgage Services | -0.03% | 4.10% | |
| M&T Bank | -0.03% | 3.08% | |
| Wells Fargo Bank | -0.02% | 2.56% | |
| First National Bank of Pennsylvania | -0.02% | 1.03% | |
| PNC Bank | -0.00% | 2.56% | |
| Northwest Bank PA | 0.00% | 1.03% | |
| Flagstar Bank | 0.00% | 6.15% | |
| Equity Resources | 0.01% | 2.05% | |
| KeyBank | 0.01% | 2.05% | |
| Holland Mortgage Advisors | 0.01% | 4.62% | |
| Home Point Financial Corporation | 0.03% | 4.10% | |
| PrimeLending | 0.03% | 1.54% | |
| Princeton Mortgage | 0.04% | 1.54% | |
| Mr. Cooper | 0.04% | 3.59% | |
| Movement Mortgage | 0.04% | 4.10% | |
| Tidewater Mortgage Services | 0.05% | 6.15% | |
| Plaza Home Mortgage | 0.07% | 6.67% | |
| Union Home Mortgage | 0.10% | 6.15% | |
| Quicken Loans | 0.10% | 8.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Navy Federal Credit Union | -0.03% | 3.66% | |
| loanDepot | -0.02% | 18.29% | |
| Home Point Financial Corporation | -0.01% | 6.10% | |
| Tidewater Mortgage Services | -0.01% | 1.22% | |
| USAA | -0.01% | 7.32% | |
| PNC Bank | -0.01% | 1.22% | |
| Mr. Cooper | -0.00% | 7.32% | |
| Flagstar Bank | -0.00% | 1.22% | |
| Northwest Bank PA | -0.00% | 1.22% | |
| Movement Mortgage | -0.00% | 1.22% | |
| Holland Mortgage Advisors | 0.00% | 2.44% | |
| Union Home Mortgage | 0.01% | 2.44% | |
| Quicken Loans | 0.01% | 43.90% | |
| Plaza Home Mortgage | 0.02% | 2.44% |
* Data is compiled for the Erie, PA commuting zone area, which comprises of counties of Chautauqua County, NY, Clarion County, PA, Crawford County, PA, Erie County, PA, Forest County, PA, Venango County, PA, and Warren County, PA. This includes cities/towns/communities of Erie, PA as well as Jamestown, NY, Meadville, PA, Northwest Harborcreek, PA, Fredonia, NY, Warren, PA, Fairview, PA, Waterford, PA, Avonia, PA, Girard, PA, McKean, PA, Conneaut Lakeshore, PA, Canadohta Lake, PA, Fredericksburg, PA, Platea, PA, Lawrence Park, PA, Dunkirk, NY, Polk, PA, Cochranton, PA, Bemus Point, NY, Sinclairville, NY, Lakewood, NY, Columbus, PA, Edinboro, PA, Russell, PA, Panama, NY, Oil City, PA, Sugarcreek, PA, Pymatuning Central, PA, Corry, PA, Blooming Valley, PA, Sherman, NY, Franklin, PA, Mayville, NY, North East, PA, Frewsburg, NY, Hasson Heights, PA, Saegertown, PA, North Warren, PA, Falconer, NY, Silver Creek, NY, Wesleyville, PA, Wattsburg, PA, Woodland Heights, PA, Ripley, NY, Westfield, NY, Marianne, PA, Clintonville, PA, Seneca, PA, Cooperstown, PA, and Youngsville, 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 Erie, PA area. For mortgage lender rankings in other cities, click here.