10 Best Austin Mortgage Lenders of 2022
Looking for an Austin mortgage lender? We've researched the city’s top lenders, selecting the best in various categories.
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Austin is a tech hub, the state capital and home to the University of Texas. It's no surprise that the city is growing rapidly. The surging population needs places to live, and plenty of mortgage companies are competing to help Austin home buyers realize the American dream.
NerdWallet has rounded up this list of national and regional mortgage lenders that we have reviewed, and that do a lot of lending in Austin. In addition, we've listed some locally based lenders that we have not reviewed, but which do plenty of business in Austin.
Austin is a tech hub, the state capital and home to the University of Texas. It's no surprise that the city is growing rapidly. The surging population needs places to live, and plenty of mortgage companies are competing to help Austin home buyers realize the American dream.
NerdWallet has rounded up this list of national and regional mortgage lenders that we have reviewed, and that do a lot of lending in Austin. In addition, we've listed some locally based lenders that we have not reviewed, but which do plenty of business in Austin.
Best Austin Mortgage Lenders
Lender | NerdWallet Rating | Min. credit score | Min. down payment | Learn More |
---|---|---|---|---|
Quicken Loans: NMLS#3030 Learn more at Quicken Loans | Best for Refinancing | 620 | 3% | Learn more at Quicken Loans |
![]() Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for online experience | 620 | 3% | Learn more at Guaranteed Rate |
![]() Bank of America: NMLS#399802 Learn more at Bank of America | Best for jumbo loans | 720 | 15% | Learn more at Bank of America |
![]() Chase: NMLS#399798 Learn more at Chase | Best for jumbo loans | N/A | 20% | Learn more at Chase |
![]() Fairway Independent Mortgage: NMLS#2289 Learn more at Fairway Independent Mortgage | Best for online experience | 620 | 3% | Learn more at Fairway Independent Mortgage |
![]() loanDepot: NMLS#174457 Learn more at loanDepot | Best for FHA loans | 580 | 3.5% | Learn more at loanDepot |
![]() Flagstar: NMLS#417490 | Best for refinancing | 620 | 3% | Read review |
![]() PrimeLending: NMLS#13649 | Best for VA loans | 580 | 0% | Read review |
![]() Caliber: NMLS#15622 | Best for VA loans | 580 | 0% | Read review |
![]() Guild Mortgage: NMLS#3274 | Best for FHA loans | N/A | 3.5% | Read review |
at Quicken Loans
Quicken Loans: NMLS#3030
Min. credit score
620Min. down payment
3%at Quicken Loans

at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. credit score
620Min. down payment
3%at Guaranteed Rate

at Bank of America
Bank of America: NMLS#399802

Min. credit score
720Min. down payment
15%at Bank of America

at Chase
Chase: NMLS#399798

National / regional
NationalMin. down payment
20%at Chase

at Fairway Independent Mortgage
Fairway Independent Mortgage: NMLS#2289

Min. credit score
620Min. down payment
3%at Fairway Independent Mortgage

at loanDepot
loanDepot: NMLS#174457

Min. credit score
580Min. down payment
3.5%at loanDepot
Flagstar: NMLS#417490

Min. credit score
620Min. down payment
3%PrimeLending: NMLS#13649

Min. credit score
580Min. down payment
0%Caliber: NMLS#15622

Min. credit score
580Min. down payment
0%Guild Mortgage: NMLS#3274

Min. credit score
N/AMin. down payment
3.5%Local mortgage lenders in Austin
These lenders are based in Austin, know the city well and are experienced in mortgage lending. They have not been reviewed by NerdWallet.
Plenty of mortgage options from one of Austin's busiest mortgage lenders.
Offers an array of fixed-rate and adjustable-rate mortgages.
Products include VA loans for active-duty military and veterans; Community Hero loans for teachers, firefighters, police officers and military; and Medical Community loans for doctors and nurses.
Mortgage services from application to closing are handled by UFCU and not outsourced to a third party.
Loans to buy land are available.
Members may use a mobile app to begin the application process.
Works with home buyers who want to participate in Texas' home buyer assistance programs.
Participates in Texas bond programs to provide down payment assistance as well as tax credits.
Conventional loans with minimum 3% down payment and minimum credit score 620.
Offers FHA loans with minimum 620 credit score and VA loans, which don't require a down payment.
Offers borrowers a wide choice of mortgage programs from a homegrown lender.
Offers fixed-rate, adjustable-rate, VA, USDA, FHA, jumbo and construction loans.
You can start the application online and track the mortgage status.
Click to schedule a call from a loan officer if you prefer to speak to someone before or during application.
Options for home buyers and refinancers who want to get a mortgage from a local credit union.
Offers 15- and 30-year fixed-rate loans and 5/5 and 10/10 ARMs.
Down payments on fixed-rate loans as low as 5%.
Apply for a mortgage pre-qualification online in English or Spanish.
Join by making a one-time $10 payment to the A+ Education Foundation or being affiliated with a qualifying school, business or organization.
More from NerdWallet
Last updated on January 7, 2022
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 Austin Mortgage Lenders of 2022
- Quicken Loans: Best for Refinancing
- Guaranteed Rate: Best for online experience
- Bank of America: Best for jumbo loans
- Chase: Best for jumbo loans
- Fairway Independent Mortgage: Best for online experience
- loanDepot: Best for FHA loans
- Flagstar: Best for refinancing
- PrimeLending: Best for VA loans
- Caliber: Best for VA loans
- Guild Mortgage: Best for FHA loans