9 Best Connecticut Mortgage Lenders of 2021

Why we like it

Pros

• Offers down payment and closing cost assistance programs.

• May give existing customers a discount on mortgage lender origination fees and HELOC interest rates.

• Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

Cons

• Doesn't offer renovation loans that roll costs into a mortgage.

Why we like it

Pros

• Offers multiple low-down-payment loan programs.

• May consider alternative credit data, such as bank statements.

• You can view customized rates for purchasing a home and apply online.

Cons

• Doesn't offer home equity lines of credit.

• Lender fees are on the high side, according to the latest federal data.

Why we like it

Pros

• Carries a wide variety of mortgage types and products, including mortgages with down payments as low as 3%.

• Offers low rates compared with other lenders, according to the latest federal data.

• Offers a customizable mortgage calculator for personalized rate and payment estimates.

• Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

Cons

• Doesn't offer home improvement loans, such as FHA 203(k) and HomeStyle.

• You have to speak with a home loan adviser to complete the application.

• Home equity lines of credit (HELOC) are currently unavailable.

Why we like it

Pros

• Displays detailed sample rates for many of its loan products.

• Offers a wide variety of loans, including jumbo and interest-only products.

• Offers low rates compared with other lenders, according to the latest federal data.

Cons

• Doesn't offer home equity loans.

Why we like it

Pros

• Has branches across the country for customers who prefer face-to-face service.

• Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

• Mortgage interest rates tend to be on the lower end, according to the latest federal data.

Cons

• Mortgage rates aren't available online; you'll need to contact a loan officer.

• Doesn't offer home equity loans or lines of credit.

Why we like it

Pros

• Caters to self-service users who want to apply for a home loan online and talk to a human only as necessary.

• Estimates the loan amount you’ll qualify for within minutes.

• Streamlines the online process with document and asset retrieval capabilities, including the ability to edit your preapproval letter.

Cons

• Getting a customized interest rate requires a credit check, which can affect your credit score.

• Doesn't offer home equity loans or lines of credit.

• Lender fees are on the high side and the fees aren't offset by particularly low mortgage rates, according to the latest data.

Why we like it

Pros

• Borrowers with an existing loan or investment account from SoFi may qualify for a $500 discount on mortgage fees.

• Mortgage rates tend to be on the low side, according to the latest federal data.

• Offers jumbo loans with a minimum down payment of 10%.

Cons

• Does not offer government-backed loans, such as FHA or VA.

• Requires users to create an account to see customized mortgage rates.

• SoFi conforming mortgages are unavailable in Hawaii.

Why we like it

Pros

• Offers a wide variety of loan options, including special programs for doctors.

• Offers a complete suite of online mortgage application tools and loan tracking.

• Sample rates and fees are easy to find on the website.

Cons

• Customized rates aren't available online without starting an application.

• Branches are limited mostly to the Southeast.

Why we like it

Pros

• Allows 3% down payment without borrower-paid mortgage insurance.

• Offers specialty loans like construction-to-permanent mortgages and medical professional mortgages.

• Among the best when it comes to online convenience, including loan process updates.

Cons

• Available only in states on the East Coast.

• The only way to see mortgage rates is through a customizing form.