Which mortgage lender in the Lima, 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 Lima, 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 Lima, OH area in terms of interest rate is myCUmortgage, with an average “Rate Difference” of -0.21%. This means that, comparing similar borrowers, myCUmortgage provided a -0.21% lower interest rate for its customers than other lenders in the area. myCUmortgage has a market share of 2.4%. On the other hand, the most popular lender in the Lima, OH area is Superior Credit Union, with a larger market share of 26.9%. Superior Credit Union is also a relatively cheap lender, with a “Rate Difference” of -0.14% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Lima, 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 Lima, OH is Superior Credit Union. 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 Huntington National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is myCUmortgage. The cheapest VA mortgage provider is Stearns Home Loans. 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 Lima, OH
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| myCUmortgage | -0.21% | 2.43% | |
| Superior Credit Union | -0.14% | 26.91% | |
| Premier Bank | -0.03% | 12.03% | |
| Citizens National Bank of Bluffton | -0.02% | 11.83% | |
| The Union Bank Co | -0.01% | 6.23% | |
| Stearns Home Loans | -0.01% | 1.21% | |
| Caliber Home Loans | -0.00% | 2.15% | |
| State Bank and Trust Company | 0.03% | 2.19% | |
| Honda Federal Credit Union | 0.03% | 2.15% | |
| Park National Bank | 0.05% | 1.49% | |
| First Financial Bank | 0.07% | 1.29% | |
| US Bank | 0.08% | 1.96% | |
| loanDepot | 0.11% | 2.15% | |
| Fifth Third Bank | 0.13% | 4.23% | |
| 3Rivers Federal Credit Union | 0.14% | 1.29% | |
| Carrington Mortgage Services | 0.17% | 1.61% | |
| JPMorgan Chase Bank | 0.17% | 4.62% | |
| Quicken Loans | 0.17% | 7.91% | |
| Huntington National Bank | 0.18% | 4.43% | |
| Amerifirst Home Mortgage | 0.20% | 1.88% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| myCUmortgage | -0.24% | 3.97% | |
| Superior Credit Union | -0.10% | 25.44% | |
| Stearns Home Loans | -0.02% | 1.81% | |
| Caliber Home Loans | -0.01% | 3.00% | |
| The Union Bank Co | -0.01% | 5.51% | |
| Citizens National Bank of Bluffton | 0.00% | 11.92% | |
| Premier Bank | 0.01% | 13.59% | |
| State Bank and Trust Company | 0.01% | 2.51% | |
| Honda Federal Credit Union | 0.04% | 2.23% | |
| 3Rivers Federal Credit Union | 0.05% | 0.77% | |
| Park National Bank | 0.05% | 1.18% | |
| US Bank | 0.05% | 2.44% | |
| First Financial Bank | 0.06% | 1.53% | |
| Fifth Third Bank | 0.08% | 3.14% | |
| Huntington National Bank | 0.10% | 4.32% | |
| loanDepot | 0.10% | 1.67% | |
| JPMorgan Chase Bank | 0.11% | 4.74% | |
| Quicken Loans | 0.12% | 6.06% | |
| Amerifirst Home Mortgage | 0.21% | 2.65% | |
| Carrington Mortgage Services | 0.22% | 1.53% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Superior Credit Union | -0.19% | 28.80% | |
| Premier Bank | -0.10% | 10.02% | |
| Citizens National Bank of Bluffton | -0.04% | 11.72% | |
| The Union Bank Co | -0.02% | 7.16% | |
| Honda Federal Credit Union | 0.00% | 2.06% | |
| myCUmortgage | 0.01% | 0.45% | |
| Caliber Home Loans | 0.03% | 1.07% | |
| Stearns Home Loans | 0.04% | 0.45% | |
| Park National Bank | 0.05% | 1.88% | |
| State Bank and Trust Company | 0.05% | 1.79% | |
| First Financial Bank | 0.09% | 0.98% | |
| Carrington Mortgage Services | 0.10% | 1.70% | |
| Amerifirst Home Mortgage | 0.11% | 0.89% | |
| loanDepot | 0.13% | 2.77% | |
| US Bank | 0.15% | 1.34% | |
| Fifth Third Bank | 0.18% | 5.64% | |
| 3Rivers Federal Credit Union | 0.20% | 1.97% | |
| Quicken Loans | 0.21% | 10.29% | |
| JPMorgan Chase Bank | 0.24% | 4.47% | |
| Huntington National Bank | 0.28% | 4.56% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Superior Credit Union | -0.14% | 32.48% | |
| Premier Bank | -0.02% | 14.47% | |
| Citizens National Bank of Bluffton | -0.01% | 12.91% | |
| The Union Bank Co | -0.01% | 6.95% | |
| Honda Federal Credit Union | 0.03% | 2.60% | |
| State Bank and Trust Company | 0.03% | 2.41% | |
| Park National Bank | 0.05% | 1.80% | |
| Carrington Mortgage Services | 0.07% | 0.14% | |
| First Financial Bank | 0.08% | 1.51% | |
| US Bank | 0.09% | 2.13% | |
| loanDepot | 0.13% | 1.04% | |
| Caliber Home Loans | 0.14% | 0.61% | |
| Fifth Third Bank | 0.14% | 4.87% | |
| 3Rivers Federal Credit Union | 0.15% | 1.56% | |
| Amerifirst Home Mortgage | 0.16% | 0.66% | |
| JPMorgan Chase Bank | 0.18% | 5.30% | |
| Huntington National Bank | 0.24% | 4.26% | |
| Quicken Loans | 0.29% | 4.30% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Superior Credit Union | -0.10% | 32.16% | |
| The Union Bank Co | -0.01% | 5.99% | |
| Citizens National Bank of Bluffton | 0.01% | 12.86% | |
| Premier Bank | 0.01% | 17.09% | |
| State Bank and Trust Company | 0.01% | 2.82% | |
| Honda Federal Credit Union | 0.04% | 2.82% | |
| US Bank | 0.05% | 2.64% | |
| 3Rivers Federal Credit Union | 0.05% | 0.97% | |
| Park National Bank | 0.05% | 1.50% | |
| First Financial Bank | 0.06% | 1.85% | |
| Fifth Third Bank | 0.08% | 3.79% | |
| loanDepot | 0.10% | 1.06% | |
| JPMorgan Chase Bank | 0.11% | 5.55% | |
| Caliber Home Loans | 0.13% | 0.97% | |
| Huntington National Bank | 0.16% | 3.88% | |
| Amerifirst Home Mortgage | 0.17% | 0.88% | |
| Quicken Loans | 0.18% | 3.17% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Superior Credit Union | -0.18% | 32.86% | |
| Premier Bank | -0.08% | 11.43% | |
| Citizens National Bank of Bluffton | -0.03% | 12.96% | |
| The Union Bank Co | -0.01% | 8.06% | |
| Honda Federal Credit Union | 0.01% | 2.35% | |
| Park National Bank | 0.06% | 2.14% | |
| State Bank and Trust Company | 0.06% | 1.94% | |
| Caliber Home Loans | 0.08% | 0.20% | |
| Carrington Mortgage Services | 0.09% | 0.31% | |
| First Financial Bank | 0.10% | 1.12% | |
| Amerifirst Home Mortgage | 0.10% | 0.41% | |
| US Bank | 0.16% | 1.53% | |
| loanDepot | 0.16% | 1.02% | |
| Fifth Third Bank | 0.19% | 6.12% | |
| 3Rivers Federal Credit Union | 0.21% | 2.24% | |
| JPMorgan Chase Bank | 0.26% | 5.00% | |
| Huntington National Bank | 0.32% | 4.69% | |
| Quicken Loans | 0.37% | 5.61% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| myCUmortgage | -0.23% | 18.45% | |
| Caliber Home Loans | -0.09% | 9.23% | |
| Huntington National Bank | -0.06% | 5.95% | |
| Stearns Home Loans | -0.02% | 6.25% | |
| The Union Bank Co | 0.00% | 3.27% | |
| Citizens National Bank of Bluffton | 0.01% | 5.65% | |
| State Bank and Trust Company | 0.03% | 0.30% | |
| Premier Bank | 0.03% | 0.30% | |
| Fifth Third Bank | 0.03% | 0.60% | |
| Quicken Loans | 0.05% | 26.79% | |
| US Bank | 0.09% | 1.19% | |
| loanDepot | 0.12% | 6.25% | |
| Carrington Mortgage Services | 0.16% | 7.74% | |
| Amerifirst Home Mortgage | 0.23% | 8.04% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| myCUmortgage | -0.23% | 23.55% | |
| Caliber Home Loans | -0.09% | 10.74% | |
| Huntington National Bank | -0.06% | 7.02% | |
| Stearns Home Loans | -0.01% | 7.44% | |
| The Union Bank Co | 0.02% | 4.13% | |
| Citizens National Bank of Bluffton | 0.02% | 7.02% | |
| State Bank and Trust Company | 0.05% | 0.41% | |
| Premier Bank | 0.05% | 0.41% | |
| Fifth Third Bank | 0.06% | 0.41% | |
| Quicken Loans | 0.10% | 17.36% | |
| US Bank | 0.11% | 1.65% | |
| loanDepot | 0.12% | 4.55% | |
| Carrington Mortgage Services | 0.24% | 6.20% | |
| Amerifirst Home Mortgage | 0.28% | 9.09% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| myCUmortgage | -0.07% | 5.32% | |
| Huntington National Bank | -0.05% | 3.19% | |
| Caliber Home Loans | -0.05% | 5.32% | |
| Citizens National Bank of Bluffton | -0.04% | 2.13% | |
| Stearns Home Loans | -0.04% | 3.19% | |
| The Union Bank Co | -0.02% | 1.06% | |
| Fifth Third Bank | -0.02% | 1.06% | |
| Quicken Loans | -0.01% | 51.06% | |
| Carrington Mortgage Services | 0.03% | 11.70% | |
| Amerifirst Home Mortgage | 0.07% | 5.32% | |
| loanDepot | 0.08% | 10.64% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Huntington National Bank | -0.01% | 50.00% | |
| JPMorgan Chase Bank | 0.01% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Huntington National Bank | -0.01% | 50.00% | |
| JPMorgan Chase Bank | 0.01% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Stearns Home Loans | -0.08% | 10.00% | |
| Citizens National Bank of Bluffton | -0.06% | 10.00% | |
| State Bank and Trust Company | -0.04% | 4.00% | |
| Caliber Home Loans | -0.02% | 11.00% | |
| Fifth Third Bank | -0.01% | 3.00% | |
| The Union Bank Co | -0.00% | 1.00% | |
| Huntington National Bank | -0.00% | 2.00% | |
| First Financial Bank | -0.00% | 1.00% | |
| US Bank | 0.00% | 1.00% | |
| JPMorgan Chase Bank | 0.00% | 5.00% | |
| loanDepot | 0.00% | 12.00% | |
| Amerifirst Home Mortgage | 0.02% | 7.00% | |
| Quicken Loans | 0.02% | 21.00% | |
| Carrington Mortgage Services | 0.10% | 12.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Stearns Home Loans | -0.09% | 13.79% | |
| Citizens National Bank of Bluffton | -0.07% | 13.79% | |
| State Bank and Trust Company | -0.04% | 5.17% | |
| Quicken Loans | -0.01% | 15.52% | |
| Fifth Third Bank | -0.00% | 1.72% | |
| The Union Bank Co | -0.00% | 1.72% | |
| First Financial Bank | 0.00% | 1.72% | |
| US Bank | 0.00% | 1.72% | |
| JPMorgan Chase Bank | 0.01% | 8.62% | |
| Huntington National Bank | 0.01% | 1.72% | |
| loanDepot | 0.02% | 1.72% | |
| Caliber Home Loans | 0.02% | 10.34% | |
| Amerifirst Home Mortgage | 0.03% | 10.34% | |
| Carrington Mortgage Services | 0.16% | 12.07% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Caliber Home Loans | -0.07% | 11.90% | |
| Stearns Home Loans | -0.04% | 4.76% | |
| Citizens National Bank of Bluffton | -0.03% | 4.76% | |
| Huntington National Bank | -0.02% | 2.38% | |
| State Bank and Trust Company | -0.02% | 2.38% | |
| Fifth Third Bank | -0.02% | 4.76% | |
| Amerifirst Home Mortgage | -0.01% | 2.38% | |
| loanDepot | -0.00% | 26.19% | |
| Carrington Mortgage Services | 0.02% | 11.90% | |
| Quicken Loans | 0.04% | 28.57% |
* Data is compiled for the Lima, OH commuting zone area, which comprises of counties of Allen County, OH, Auglaize County, OH, Mercer County, OH, Putnam County, OH, and Van Wert County, OH. This includes cities/towns/communities of Lima, OH as well as St. Marys, OH, Fort Shawnee, OH, Elida, OH, Wapakoneta, OH, Ottawa, OH, Celina, OH, Delphos, OH, Van Wert, OH, Spencerville, OH, Continental, OH, Kalida, OH, Waynesfield, OH, Bluffton, OH, Ottoville, OH, Cridersville, OH, Lafayette, OH, Leipsic, OH, Cairo, OH, Coldwater, OH, Middle Point, OH, Columbus Grove, OH, Convoy, OH, Pandora, OH, New Knoxville, OH, Harrod, OH, Delphos, OH, St. Henry, OH, Fort Recovery, OH, Rockford, OH, New Bremen, OH, Minster, OH, Montezuma, OH, Ohio City, OH, and Willshire, OH. 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
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