Which mortgage lender in the Medford, OR 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 Medford, OR 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 Medford, OR area in terms of interest rate is First Community Credit Union Oregon, with an average “Rate Difference” of -0.28%. This means that, comparing similar borrowers, First Community Credit Union Oregon provided a -0.28% lower interest rate for its customers than other lenders in the area. First Community Credit Union Oregon has a market share of 1.3%. On the other hand, the most popular lender in the Medford, OR area is Guild Mortgage Company, with a larger market share of 13.2%. Guild Mortgage Company is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.00% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Medford, OR 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 Medford, OR is First Community Credit Union Oregon. 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 KeyBank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is CMG Financial. 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 Medford, OR
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| CMG Financial | -0.16% | 5.48% | |
| Banner Bank | -0.13% | 2.17% | |
| Cherry Creek Mortgage | -0.11% | 2.55% | |
| Mortgage Express | -0.08% | 2.29% | |
| Caliber Home Loans | -0.07% | 13.50% | |
| Synergy One Lending | -0.05% | 0.64% | |
| Sierra Pacific Mortgage | -0.05% | 0.89% | |
| Umpqua Bank | -0.05% | 3.69% | |
| Flagstar Bank | -0.04% | 0.51% | |
| PennyMac Loan Services | -0.04% | 1.78% | |
| People’s Bank of Commerce | -0.03% | 0.25% | |
| Stearns Home Loans | -0.03% | 0.25% | |
| Freedom Mortgage Corporation | -0.03% | 0.38% | |
| Guild Mortgage Company | -0.03% | 18.22% | |
| Mountain West Financial | -0.02% | 1.40% | |
| The Federal Savings Bank | -0.02% | 0.13% | |
| loanDepot | -0.02% | 2.29% | |
| Rogue Credit Union | -0.01% | 0.64% | |
| US Bank | -0.01% | 0.38% | |
| Carrington Mortgage Services | -0.00% | 1.40% | |
| Wells Fargo Bank | -0.00% | 0.13% | |
| Quicken Loans | 0.00% | 4.84% | |
| Mr. Cooper | 0.00% | 1.78% | |
| Movement Mortgage | 0.00% | 6.24% | |
| Bank 34 | 0.02% | 0.38% | |
| Lakeview Loan Servicing | 0.03% | 1.27% | |
| Willamette Valley Bank | 0.06% | 8.54% | |
| Pacific Residential Mortgage | 0.10% | 3.18% | |
| Evergreen Moneysource Mortgage Company | 0.10% | 2.80% | |
| Fairway Independent Mortgage Corporation | 0.19% | 11.97% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| CMG Financial | -0.17% | 6.82% | |
| Banner Bank | -0.14% | 2.66% | |
| Cherry Creek Mortgage | -0.13% | 2.83% | |
| PennyMac Loan Services | -0.10% | 0.83% | |
| Mortgage Express | -0.09% | 2.00% | |
| Caliber Home Loans | -0.08% | 14.81% | |
| loanDepot | -0.06% | 1.00% | |
| Sierra Pacific Mortgage | -0.06% | 1.00% | |
| Umpqua Bank | -0.06% | 4.16% | |
| Synergy One Lending | -0.06% | 0.83% | |
| Flagstar Bank | -0.05% | 0.33% | |
| People’s Bank of Commerce | -0.05% | 0.17% | |
| Carrington Mortgage Services | -0.04% | 0.33% | |
| Stearns Home Loans | -0.04% | 0.33% | |
| Mr. Cooper | -0.03% | 0.33% | |
| Freedom Mortgage Corporation | -0.03% | 0.17% | |
| Guild Mortgage Company | -0.02% | 20.13% | |
| Mountain West Financial | -0.02% | 1.50% | |
| Rogue Credit Union | -0.02% | 0.67% | |
| US Bank | -0.01% | 0.50% | |
| Quicken Loans | -0.00% | 1.00% | |
| Movement Mortgage | 0.01% | 6.66% | |
| Bank 34 | 0.01% | 0.50% | |
| Willamette Valley Bank | 0.07% | 9.82% | |
| Evergreen Moneysource Mortgage Company | 0.11% | 3.33% | |
| Pacific Residential Mortgage | 0.11% | 3.66% | |
| Fairway Independent Mortgage Corporation | 0.21% | 13.64% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Guild Mortgage Company | -0.06% | 11.96% | |
| Mortgage Express | -0.05% | 3.26% | |
| Movement Mortgage | -0.03% | 4.89% | |
| Cherry Creek Mortgage | -0.02% | 1.63% | |
| Mountain West Financial | -0.02% | 1.09% | |
| Flagstar Bank | -0.02% | 1.09% | |
| Caliber Home Loans | -0.02% | 9.24% | |
| Pacific Residential Mortgage | -0.01% | 1.63% | |
| Freedom Mortgage Corporation | -0.01% | 1.09% | |
| Willamette Valley Bank | -0.01% | 4.35% | |
| People’s Bank of Commerce | -0.01% | 0.54% | |
| Evergreen Moneysource Mortgage Company | -0.01% | 1.09% | |
| Banner Bank | -0.00% | 0.54% | |
| CMG Financial | -0.00% | 1.09% | |
| Sierra Pacific Mortgage | -0.00% | 0.54% | |
| The Federal Savings Bank | -0.00% | 0.54% | |
| Umpqua Bank | 0.00% | 2.17% | |
| Rogue Credit Union | 0.01% | 0.54% | |
| PennyMac Loan Services | 0.01% | 4.89% | |
| Wells Fargo Bank | 0.01% | 0.54% | |
| Quicken Loans | 0.02% | 17.39% | |
| Carrington Mortgage Services | 0.02% | 4.89% | |
| loanDepot | 0.02% | 6.52% | |
| Mr. Cooper | 0.03% | 6.52% | |
| Fairway Independent Mortgage Corporation | 0.04% | 6.52% | |
| Lakeview Loan Servicing | 0.05% | 5.43% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| KeyBank | -0.03% | 7.37% | |
| US Bank | -0.03% | 20.00% | |
| Wells Fargo Bank | -0.01% | 8.42% | |
| Umpqua Bank | -0.01% | 4.21% | |
| Quicken Loans | 0.00% | 2.11% | |
| Movement Mortgage | 0.00% | 1.05% | |
| Bank 34 | 0.01% | 1.05% | |
| Rogue Credit Union | 0.01% | 20.00% | |
| Sierra Pacific Mortgage | 0.01% | 1.05% | |
| loanDepot | 0.01% | 1.05% | |
| Flagstar Bank | 0.01% | 1.05% | |
| JPMorgan Chase Bank | 0.01% | 9.47% | |
| Guild Mortgage Company | 0.02% | 4.21% | |
| Caliber Home Loans | 0.02% | 3.16% | |
| Mountain West Financial | 0.02% | 4.21% | |
| First Community Credit Union Oregon | 0.02% | 2.11% | |
| Fairway Independent Mortgage Corporation | 0.02% | 2.11% | |
| People’s Bank of Commerce | 0.03% | 2.11% | |
| Willamette Valley Bank | 0.03% | 1.05% | |
| Evergreen Moneysource Mortgage Company | 0.04% | 4.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| KeyBank | -0.05% | 8.93% | |
| Wells Fargo Bank | -0.02% | 10.71% | |
| US Bank | -0.02% | 14.29% | |
| Quicken Loans | -0.01% | 1.79% | |
| JPMorgan Chase Bank | -0.00% | 3.57% | |
| Movement Mortgage | -0.00% | 1.79% | |
| Bank 34 | 0.00% | 1.79% | |
| Sierra Pacific Mortgage | 0.01% | 1.79% | |
| Flagstar Bank | 0.01% | 1.79% | |
| Guild Mortgage Company | 0.01% | 7.14% | |
| Caliber Home Loans | 0.01% | 5.36% | |
| Mountain West Financial | 0.01% | 3.57% | |
| Rogue Credit Union | 0.02% | 25.00% | |
| First Community Credit Union Oregon | 0.02% | 1.79% | |
| Fairway Independent Mortgage Corporation | 0.02% | 3.57% | |
| Evergreen Moneysource Mortgage Company | 0.04% | 7.14% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.03% | 28.21% | |
| Rogue Credit Union | -0.02% | 12.82% | |
| KeyBank | -0.01% | 5.13% | |
| Umpqua Bank | -0.00% | 10.26% | |
| Wells Fargo Bank | 0.01% | 5.13% | |
| Quicken Loans | 0.01% | 2.56% | |
| loanDepot | 0.02% | 2.56% | |
| JPMorgan Chase Bank | 0.02% | 17.95% | |
| Mountain West Financial | 0.02% | 5.13% | |
| First Community Credit Union Oregon | 0.03% | 2.56% | |
| People’s Bank of Commerce | 0.04% | 5.13% | |
| Willamette Valley Bank | 0.04% | 2.56% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Cherry Creek Mortgage | -0.13% | 3.11% | |
| Umpqua Bank | -0.08% | 7.25% | |
| USAA | -0.08% | 7.77% | |
| Banner Bank | -0.07% | 1.04% | |
| Stearns Home Loans | -0.06% | 1.04% | |
| Rogue Credit Union | -0.05% | 4.66% | |
| Northwest Community Credit Union | -0.05% | 0.78% | |
| Caliber Home Loans | -0.05% | 13.21% | |
| Quicken Loans | -0.04% | 3.37% | |
| Sierra Pacific Mortgage | -0.04% | 0.52% | |
| Flagstar Bank | -0.03% | 0.26% | |
| Mr. Cooper | -0.03% | 0.26% | |
| Wells Fargo Bank | -0.03% | 2.07% | |
| Synergy One Lending | -0.02% | 1.30% | |
| US Bank | -0.02% | 0.78% | |
| Mortgage Express | -0.02% | 0.52% | |
| PennyMac Loan Services | -0.02% | 2.07% | |
| People’s Bank of Commerce | -0.01% | 0.52% | |
| Mountain West Financial | -0.01% | 2.07% | |
| Guild Mortgage Company | -0.01% | 16.32% | |
| Bank 34 | -0.01% | 0.26% | |
| Carrington Mortgage Services | -0.00% | 0.52% | |
| Freedom Mortgage Corporation | -0.00% | 0.78% | |
| Pacific Residential Mortgage | 0.03% | 2.85% | |
| loanDepot | 0.04% | 1.30% | |
| Movement Mortgage | 0.05% | 3.37% | |
| Evergreen Moneysource Mortgage Company | 0.07% | 3.63% | |
| Fairway Independent Mortgage Corporation | 0.12% | 4.66% | |
| CMG Financial | 0.13% | 4.66% | |
| Willamette Valley Bank | 0.15% | 9.07% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Caliber Home Loans | -0.11% | 8.90% | |
| Guild Mortgage Company | -0.08% | 11.01% | |
| loanDepot | -0.06% | 10.54% | |
| Cherry Creek Mortgage | -0.06% | 2.34% | |
| USAA | -0.04% | 4.22% | |
| Mortgage Express | -0.02% | 1.17% | |
| Lakeview Loan Servicing | -0.02% | 3.75% | |
| Stearns Home Loans | -0.02% | 0.70% | |
| PennyMac Loan Services | -0.02% | 5.15% | |
| People’s Bank of Commerce | -0.01% | 0.23% | |
| Mountain West Financial | -0.01% | 0.94% | |
| Movement Mortgage | -0.00% | 1.87% | |
| Sierra Pacific Mortgage | 0.00% | 0.23% | |
| Synergy One Lending | 0.01% | 0.47% | |
| Northwest Community Credit Union | 0.01% | 0.70% | |
| Flagstar Bank | 0.01% | 1.17% | |
| US Bank | 0.01% | 0.47% | |
| Wells Fargo Bank | 0.01% | 0.23% | |
| Pacific Residential Mortgage | 0.01% | 1.17% | |
| Evergreen Moneysource Mortgage Company | 0.02% | 0.94% | |
| Rogue Credit Union | 0.02% | 4.22% | |
| CMG Financial | 0.03% | 1.17% | |
| Quicken Loans | 0.03% | 10.54% | |
| Carrington Mortgage Services | 0.06% | 3.51% | |
| Freedom Mortgage Corporation | 0.07% | 4.45% | |
| Willamette Valley Bank | 0.08% | 3.75% | |
| Mr. Cooper | 0.09% | 1.64% | |
| Fairway Independent Mortgage Corporation | 0.10% | 3.04% | |
| The Federal Savings Bank | 0.10% | 7.26% | |
| Umpqua Bank | 0.11% | 4.22% |
* Data is compiled for the Medford, OR commuting zone area, which comprises of counties of Jackson County, OR, and Josephine County, OR. This includes cities/towns/communities of Medford, OR as well as Grants Pass, OR, Central Point, OR, White City, OR, Ashland, OR, Eagle Point, OR, New Hope, OR, Shady Cove, OR, Phoenix, OR, Rogue River, OR, Jacksonville, OR, Talent, OR, Gold Hill, OR, Cave Junction, OR, Merlin, OR, Ruch, OR, Foots Creek, OR, Prospect, OR, Williams, OR, and Selma, OR. 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 Medford, OR area. For mortgage lender rankings in other cities, click here.