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Best Mortgage Lenders of February 2023

Refreshed Review Updated Dec. 21, 2022
Christy Bieber
By: Christy Bieber

Our Mortgages Expert

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

Finding the best mortgage lender can be a challenge. The right lender depends on the borrower's unique financial credentials and what features they're looking for in a loan.

Our team of mortgage experts has curated a list of the top mortgage lenders to make it easy for borrowers to get multiple multiple quotes and find the right lender for their unique needs. This guide provides insight into how a mortgage works and how to find the top mortgage lender no matter your situation.

Check Rates for Rocket Mortgage

On Rocket Mortgage/Quicken Loans' Secure Website.


Best for: Streamlined online application

Rating image, 5.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
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Bottom Line

Led the transition to online-only applications, and that seamless process is one reason why it has become the largest U.S. lender. Consistent No. 1 J.D. Power customer service rankings and its high-quality app make it hard to ignore.

Min. Credit Score Minium Credit Score 580 FHA 620 other mortgage products

  • 580 - 620

Min. Down Payment Minium Down Payment 0%-3.5% (FHA & VA loans) 3% (conventional loans)

  • 0% - 3.5%

Key Features

  • Online-only
  • High allowable debt-to-income
  • Low down payment options

Loan Types

  • Conventional
  • FHA
  • VA
  • Jumbo

Fixed Rate Terms

  • Customizable (8 -30 years)

Adjustable Rate Terms

  • 10/6, 7/6, 5/6
Check Rates for Axos Bank Mortgage

On Axos Bank's Secure Website.


Best for: Diverse terms and loan products

Rating image, 5.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
= Good
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Bottom Line

No lender fees for existing customers, along with a fully online experience make it a top pick. One of the rare lenders to offer jumbo loans up to $30 million.

Min. Credit Score Minium Credit Score 580 FHA 620 other mortgage products

  • 500 - 620

Min. Down Payment

  • 3%

Key Features

  • Lender fee waiver for existing customers
  • Jumbo and super jumbo loans
  • HELOC and home equity line of credit offerings

Loan Types

  • Conventional
  • FHA
  • VA
  • Jumbo
  • Interest Only

Fixed Rate Terms

  • 30y, 20y, 15y, 10y

Adjustable Rate Terms

  • 10/6, 7/6, 5/6

Best for: Diverse loan types and terms

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
= Good
= Fair
= Poor

Bottom Line

Competitive rates and a diverse set of loan terms and products are a rare combo. Fast service simplifies the homebuying process even more. What's more, New American can be a good solution for people building credit and wanting a good mortgage.

Min. Credit Score Minium Credit Score 580 FHA 620 other mortgage products

  • 580 - 620

Min. Down Payment Minium Down Payment 0%-3.5% (FHA and VA loans) 3% (conventional loans)

  • 0% - 3.5%

Key Features

  • Fast service
  • High customer satisfaction, A+ BBB rating

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo

Fixed Rate Terms

  • Customizable (8 - 30 years)

Adjustable Rate Terms

  • 10/1, 7/1, 5/1

Best for: No lender fees and online application

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Bottom Line

Has the right combination of features and perks, including no origination fees, low mortgage rates, and an online experience that helps homeowners cut their costs while saving time. The lender also offers $150 off closing costs when applying through The Ascent site.

Min. Credit Score

  • 620

Min. Down Payment

  • 3%

Key Features

  • No origination fees
  • Instant loan estimates
  • 100% online application
  • $150 off closing costs for The Ascent readers
  • Better Cash offer

Loan Types

  • Conventional
  • FHA
  • Jumbo

Fixed Rate Terms

  • 30y, 20y, 15y

Adjustable Rate Terms

  • 10/6, 7/6, 5/6

Best for: Digital experience & down-payment assistance

Rating image, 4.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Bottom Line

Guaranteed Rate does a great job with ease of usability, offering comprehensive loan information during your research phase, plus the option to securely upload and digitally sign loan documents when you're ready to apply.

Min. Credit Score Minium Credit Score 580 FHA 600 VA and FHA 620 Conventional

  • 580 - 620

Min. Down Payment

  • 3%

Key Features

  • Customer-friendly website
  • Technology to ease the process
  • Neighborhood data

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo
  • Interest Only

Fixed Rate Terms

  • 30y, 15y

Adjustable Rate Terms

  • 5/1, 7/1 10/1

Best for: Refinancing and FHA/VA options

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Among the most popular refinance and FHA/VA lenders in the market. Its mello smartloan™ platform eases the refinance process by digitally hooking up to confirm your assets, employment, and income.

Min. Credit Score Minium Credit Score 580 FHA 620 other mortgage products

  • 580 - 620

Min. Down Payment

  • 3.5%

Key Features

  • Digital loan technology
  • Branch network
  • Customer discounts

Loan Types

  • Conventional
  • FHA
  • VA
  • Jumbo

Fixed Rate Terms

  • 30y, 20y, 15y, 10y

Adjustable Rate Terms

  • 10/1, 7/1, 5/1, 3/1
Check Rates for Veterans United

On Veterans United's Secure Website.


Best for: VA loans

Rating image, 4.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Bottom Line

The fact that it is the largest VA home lender speaks volumes. But Veterans United also offers an array of terms and loan products, in addition to competitive rates.

Min. Credit Score

  • 620

Min. Down Payment Minium Down Payment 0%-3.5% FHA, VA, and USDA loans 3% conventional loans

  • 0%-3.5%

Key Features

  • Online approval process
  • No required downpayment
  • Low rates

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo

Fixed Rate Terms

  • 30y, 15y

Adjustable Rate Terms

  • None

Best for: High loan amounts and relationship discounts

Rating image, 4.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Fast prequalification, membership discounts, and a modern experience explain its top pick status. A potential fit for self-employed borrowers, based on SoFi’s nontraditional underwriting process that focuses less on credit history and more on income and assets.

Min. Credit Score

  • N/A: Uses alternative data

Min. Down Payment

  • 5%

Key Features

  • Member discount
  • Fast prequalification
  • Fast financing

Loan Types

  • Conventional

Fixed Rate Terms

  • 30y, 20y, 15y, 10y

Adjustable Rate Terms

  • None

Best for: Diverse loan options

Rating image, 5.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Few lenders can match the lineup of loan products and terms, and the interest rate and fee discounts for Preferred Rewards members define what relationship banking should look like.

Min. Credit Score Minium Credit Score 620 FHA 600 Other mortgage products 640 Affordable Loan Solution® 680 Jumbo Loans

  • 600

Min. Down Payment Minium Down Payment 0% VA loans 3.5% FHA 3% Conventional loans, Affordable Loan Solution® mortgage, Freddie Mac Home Possible® mortgage 5% Other loans

  • 0% - 5%

Key Features

  • Relationship interest rate and fee discounts
  • Ability to apply entirely online
  • No PMI offering
  • Loans up to $5 million

Loan Types

  • Conventional
  • FHA
  • VA
  • Jumbo

Fixed Rate Terms

  • 30y, 20y, 15y

Adjustable Rate Terms

  • 10/6, 7/6, 5/6

Best for: Diverse loan offerings

Rating image, 4.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
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Bottom Line

Diverse loan products and terms mean PNC can accommodate many borrowers, including those looking for mortgage options with no PMI.

Min. Credit Score Minium Credit Score 580 FHA 620 other mortgage products

  • 580 - 620

Min. Down Payment Minium Down Payment 0% VA and USDA 3% conventional 3.5% FHA

  • 0% - 3.5%

Key Features

  • 3% down no PMI offering
  • HELOC's
  • Home equity loans
  • Considers nontraditional credit history

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo

Fixed Rate Terms

  • 30y, 25y, 20y, 15y, 10y

Adjustable Rate Terms

  • 10/1, 7/1, 5/1

Best for: Easy online application

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

By offering rate transparency, online only help, flexible loan terms, and a rate guaranteed to beat competitors, PennyMac is a great place for people to start looking for a mortgage.

Min. Credit Score Minium Credit Score 500 FHA 620 other mortgage products

  • 500 - 620

Min. Down Payment

  • 3%

Key Features

  • 100% online application
  • Instant rate estimates
  • Flexible terms
  • No lender fee

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo

Fixed Rate Terms

  • 3y, 20y, 15y (some customized terms are available)

Adjustable Rate Terms

  • 10/1, 7/1, 5/1, 3/1

Best for: First-time buyers

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Flagstar is flexible as it allows a variety of loan types and lengths. It is also a great option for people with above average debt as it has one of the highest allowable debt-to-income ratios.

Min. Credit Score Minium Credit Score 620 Conventional 640 FHA 660 USDA and VA

  • 620 - 660

Min. Down Payment Minium Down Payment 0%-3.5% (FHA and VA loans) 3% (conventional)

  • 0% - 3.5%

Key Features

  • Variety of loan options
  • Online tools
  • High allowable DTI

Loan Types

  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo

Fixed Rate Terms

  • 10y - 30y

Adjustable Rate Terms

  • 3/1, 5/1, 7/1, 10/1
NASB Mortgage

Best for: Flexible options

Rating image, 3.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

The self-employed borrower program may be a great option for people who otherwise have a hard time getting a competitive loan, plus the lender still offers a good range of mortgage programs for other needs.

Min. Credit Score Minium Credit Score 580 FHA Loans 620 for Conventional 660 for VA Loans

  • 580 - 660

Min. Down Payment

  • 0% - 5%

Key Features

  • The lender offers a variety of mortgage products
  • Self-employed loan programs
  • VA loans come with no lender fees

Loan Types

  • Conventional
  • FHA
  • VA
  • Jumbo

Fixed Rate Terms

  • 30y, 15y

Adjustable Rate Terms

  • N/A

Best for: Online experience

Rating image, 4.0 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Ally is limited in loan options compared to competitors, but it's all about efficiency and a speedy online experience.

Min. Credit Score Minium Credit Score 620 Conventional 700 Jumbo

  • 580 - 700

Min. Down Payment

  • 3%

Key Features

  • Fast pre-approval
  • Easy loan option comparison
  • Fully online application
  • Loans for first-time buyers

Loan Types

  • Conventional
  • Jumbo
  • Interest Only

Fixed Rate Terms

  • 15y, 20y, 30y

Adjustable Rate Terms

  • 5/6, 7/6, 10/6

Best for: Self-employed borrowers

Rating image, 4.5 out of 5 stars.
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Bottom Line

Caliber is a great home loan option that offers more variety than some other lenders, which might make it easier to find what works best for you. It also offers fast closings and some assistance programs for certain borrowers.

Min. Credit Score Minium Credit Score 580 FHA 620 Conventional

  • 580 - 620

Min. Down Payment Minium Down Payment 3% Conventional 3.5% FHA

  • 3% - 3.5%

Key Features

  • Variety of loan options
  • Fast closing
  • Assistance for certain buyers

Loan Types

  • Conventional
  • FHA
  • USDA
  • Jumbo

Fixed Rate Terms

  • 10y - 30y

Adjustable Rate Terms

  • 3/1, 5/1, 7/1, 10/1

Ratings Methodology

The mortgage market is crowded and competitive, which is great for consumers. Keeping that in mind, we take our ratings and picks very seriously. While it’s impossible for us to rate and review every offer on the market, we canvas as far as we can. Our five-star rating system takes into account how competitive rates and fees are for a certain lender, the online experience and customer support, as well as how versatile a loan is including repayment terms, availability, downpayment options, and more.

What is a mortgage lender?

A mortgage lender is a bank, credit union, online lender, or other financial institution that provides a loan to purchase a home. Home loans offered by mortgage lenders are typically secured loans. That means the house acts as collateral and can be taken by the lender if you don't pay the loan. Interest rates offered by mortgage lenders are typically below the rates on most other kinds of loans. And interest may be tax deductible.

Mortgage lenders offer different types of loans. Conventional mortgages are loans without a guarantee from any government agency. Government-backed loans or conforming loans have different requirements and include:

Loan type, interest rate, and loan term can vary from one mortgage lender to another, so comparing multiple lenders is often the best move for home buyers.

Mortgage Calculator: How Much House Can I Afford?
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What should I look for in the best mortgage lenders?

There are a few key features home buyers should consider when researching the best mortgage lenders. These include:

  • Loan types: Not all lenders offer all types of mortgage loans. If you need a larger "jumbo loan," or a government-backed loan, you'll need to find a mortgage lender that offers it.
  • Interest rates: Interest is the cost of borrowing. The lower the rate, the lower the monthly payment and total costs. The best mortgage lenders offer a more competitive interest rate.
  • Loan fees and costs: It's common to see an origination fee as well as fees for an appraisal and credit check. Most fees are paid as part of your closing costs. Some lenders charge more fees than others.
  • Qualifying requirements: Some lenders have stricter standards than others for credit score, income, employment history, and other qualifying factors.
  • Required down payment. For conventional loans, lenders may require a 20% down payment to avoid private mortgage insurance. That's insurance homeowners pay for to protect against lender losses in the event of foreclosure. However, it's possible to find lenders willing to offer loans with less money down. That's especially true if you choose a government-backed loan.
  • Approval time: Some lenders are able to complete the loan approval process much more quickly. This could be a factor if you're on a tight deadline.

A lender's reputation for customer service does matter a little. You want the application process to be easy and pleasant. But be aware that many lenders resell mortgages. There's a chance the original lender you borrow from will not remain your loan servicer for long.

What credit score are mortgage companies looking for?

Your credit score is one of the most important factors that determine if you'll be approved for a loan and what rate you'll be charged. Scores range from 300 to 850.

Most lenders set the minimum credit score for a mortgage at around 620. But some loans, including a VA loan, have no minimum credit score requirements at all. Other government-backed loans, such as FHA loans, are available with scores as low as 500 as long as you have a 10% down payment.

The table below shows the APR and monthly payment based on FICO scores, assuming a 30-year fixed-rate mortgage loan for $300,000.

FICO Score APR Monthly Payment
620-639 4.191% $1,201
640-659 3.645% $1,237
660-679 3.215% $1,265
680-699 3.001% $1,300
700-759 2.824$ $1,372
760-850 2.602% $1,465
Source: MyFICO

Because rates and terms vary so much from person to person and company to company, it is important to shop around for a mortgage. Obtaining multiple rate quotes is the best path to choosing a mortgage lender.

Lender Rating Best For
Rating image, 5.0 out of 5 stars.
5.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Streamlined online application
Rating image, 5.0 out of 5 stars.
5.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Diverse terms and loan products
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Diverse loan types and terms
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: No lender fees and online application
Rating image, 4.0 out of 5 stars.
4.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Digital experience & down-payment assistance
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Refinancing and FHA/VA options
Rating image, 4.0 out of 5 stars.
4.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: VA loans
Rating image, 4.0 out of 5 stars.
4.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: High loan amounts and relationship discounts
Rating image, 5.0 out of 5 stars.
5.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Diverse loan options
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: No mortgage insurance option
Rating image, 4.0 out of 5 stars.
4.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Diverse loan offerings
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Easy online application
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: First-time buyers
NASB Mortgage
Graphic of NASB Mortgage
Rating image, 3.5 out of 5 stars.
3.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Flexible options
Rating image, 4.0 out of 5 stars.
4.0 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Online experience
Rating image, 4.5 out of 5 stars.
4.5 stars
Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For: Self-employed borrowers

FAQs

  • To find the best rates from mortgage lenders, obtain quotes from as many lenders as possible. Look for lenders that allow you to check rates with only a soft credit check. That allows you to avoid damaging your credit score. Compare rates and fees to assess total costs of borrowing.

    If you want the best loan at the most competitive rate, the following can help:

    • Increase your credit score
    • Pay down your debt
    • Choose a shorter loan term
    • Make a larger down payment
  • Different lenders are right for different types of mortgage borrowers. The best mortgage lender for you is one that offers the most affordable overall borrowing costs. That's after taking fees and interest into account. You'll also want to make sure your lender offers the best loan term for you. And check that you can qualify for the loans they offer.

    Since every borrower has a slightly different lending profile, there isn't one mortgage lender that's best in every situation. As a result, it's important to compare rates and quotes from numerous mortgage loan providers to see which is best for you.

  • Mortgage lenders vary in terms of qualifying requirements: interest rates, fees charged, and a host of other factors. There's no one lender that's the best for every borrower. That's because your rates and costs are largely determined by your particular financial situation.

    For example, some lenders may offer better terms to borrowers with poor credit than other lenders do. Or some may be more forgiving of a low down payment or high debt balance.

    To find the best terms for your home loan, shop around and compare rates, fees, payoff times, and total costs from multiple lenders.

Our Mortgages Expert