BEST OF
6 Best Credit Union Mortgage Lenders of 2021
Credit union mortgages may come with advantages such as lower fees and interest rates. Here are some of the best credit unions for VA loans, home equity products, first-time home buyers and California residents.
You may have heard good things about credit union mortgages. Credit unions are member-owned nonprofit organizations that use their profits to reduce costs and fees, and to offer higher savings rates.
Credit unions can excel at financial education and customer service, making them a good place to shop for a mortgage. And credit union mortgage rates may be more competitive than rates from banks or other lenders.
These credit unions rise to the top of the heap for first-time home buyers, VA loans, home equity products and California residents.
You may have heard good things about credit union mortgages. Credit unions are member-owned nonprofit organizations that use their profits to reduce costs and fees, and to offer higher savings rates.
Credit unions can excel at financial education and customer service, making them a good place to shop for a mortgage. And credit union mortgage rates may be more competitive than rates from banks or other lenders.
These credit unions rise to the top of the heap for first-time home buyers, VA loans, home equity products and California residents.
Summary of Best Credit Union Mortgage Lenders of 2021
Lender | NerdWallet Rating | National / Regional | Max LTV | Learn More |
---|---|---|---|---|
Best for home equity borrowing | National | 90% | Read review | |
Best for home equity borrowing | National | N/A | Read review | |
Best for first-time home buyers | National | N/A | Read review | |
Best for VA home loans | National | N/A | Read review | |
Best for California borrowers | Regional | N/A | Read review | |
Best for California borrowers | Regional | N/A | Read review |
Connexus: NMLS#649316

National / Regional
Max LTV
Alliant: NMLS#197185

National / Regional
Min. Down Payment
Navy Federal: NMLS#399807

National / Regional
Min. Down Payment
Golden 1 Credit Union: NMLS#669333

Min. Credit Score
Min. Down Payment
San Diego County Credit Union: NMLS#580585

Min. Down Payment
National / Regional
Last updated on January 26, 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 Credit Union Mortgage Lenders of 2021
- PenFed: Best for home equity borrowing
- Connexus: Best for home equity borrowing
- Alliant: Best for first-time home buyers
- Navy Federal: Best for VA home loans
- Golden 1 Credit Union: Best for California borrowers
- San Diego County Credit Union: Best for California borrowers