BEST OF
9 Best 15-Year Fixed-Rate Mortgage Lenders of 2021
If you're looking for a 15-year fixed-rate mortgage, NerdWallet has selected some of the best 15-year, fixed-rate lenders of 2021 in a variety of categories.
While 30-year fixed-rate loans are the most common type of mortgage, some home buyers seek a 15-year mortgage with a lower interest rate, which can provide major savings over the life of the loan. The tradeoff is that the monthly payments are higher due to the shorter loan term.
If you can handle the larger payment, browse NerdWallet’s selection of some of the best national mortgage lenders for 15-year loans to help you choose the best one for your needs.
While 30-year fixed-rate loans are the most common type of mortgage, some home buyers seek a 15-year mortgage with a lower interest rate, which can provide major savings over the life of the loan. The tradeoff is that the monthly payments are higher due to the shorter loan term.
If you can handle the larger payment, browse NerdWallet’s selection of some of the best national mortgage lenders for 15-year loans to help you choose the best one for your needs.
Summary of Best 15-Year Fixed-Rate Mortgage Lenders of 2021
Lender | NerdWallet Rating | Minimum Credit Score | Minimum Down Payment | Learn More |
---|---|---|---|---|
Best for online experience | 620 | 3% | at Rocket Mortgage by Quicken Loans | |
Best for borrowers with bad credit | 620 | 3% | at New American Funding | |
Best for online experience | 620 | 3% | at Guaranteed Rate | |
Best for refinancing | 620 | 5% | at Reali Loans | |
Best for refinancing | 620 | 3% | at Chase | |
Best for Best 15-year fixed-rate mortgage lenders for face-to-face service | 620 | 3% | Read review | |
Best for Best 15-year fixed-rate mortgage lenders for face-to-face service | 620 | 3% | at Chase | |
Best for credit unions | 640 | 3% | Read review | |
Best for credit unions | N/A | 3% | Read review |
at Rocket Mortgage by Quicken Loans
Rocket Mortgage by Quicken Loans: NMLS#3030
Min. Credit Score
Min. Down Payment
at Rocket Mortgage by Quicken Loans
at New American Funding
New American Funding: NMLS#6606
Min. Credit Score
Min. Down Payment
at New American Funding
at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. Credit Score
Min. Down Payment
at Guaranteed Rate
at Reali Loans
Reali Loans: NMLS#991397
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Min. Credit Score
National / Regional
at Reali Loans
at Chase
Chase: NMLS#399798
Min. Credit Score
National / Regional
at Chase
Bank of America: NMLS#399802

Min. Credit Score
Min. Down Payment
at Chase
Chase: NMLS#399798
Min. Credit Score
Min. Down Payment
at Chase
Connexus: NMLS#649316

Min. Credit Score
Min. Down Payment
Alliant: NMLS#197185

National / Regional
Min. Down Payment
Last updated on January 3, 2021
Methodology
NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.
To recap our selections...
NerdWallet's Best 15-Year Fixed-Rate Mortgage Lenders of 2021
- Rocket Mortgage by Quicken Loans: Best for online experience
- New American Funding: Best for borrowers with bad credit
- Guaranteed Rate: Best for online experience
- Reali Loans: Best for refinancing
- Chase: Best for refinancing
- Bank of America: Best for Best 15-year fixed-rate mortgage lenders for face-to-face service
- Chase: Best for Best 15-year fixed-rate mortgage lenders for face-to-face service
- Connexus: Best for credit unions
- Alliant: Best for credit unions