Best Mortgage Lenders of May 2026

Bank of America offers low average jumbo rates and fees. Some borrowers can qualify for down payment assistance or rate discounts.

Wells Fargo has significantly shrunk its mortgage business in the past two years, dropping from the third largest mortgage originator in 2023 to the twelfth largest in 2024. It was still the fourth largest jumbo loan originator in the country last year.

Rocket Mortgage is the Goliath of home loans in the U.S. It's the largest mortgage lender by volume, and keeps expanding its reach. Fortunately for borrowers, Rocket is a gentle giant, offering affordable borrowing options including a 1% down payment loan.

Online lender Better’s home equity loans offer flexible terms and personalized rate tools, but application or support options are somewhat limited.

Navy Federal is known for VA lending, but its flexible VA-like loan options truly stand out. You'll need a military connection to join the credit union.

Pennymac, known for government loans, has low average FHA rates. Best for FHA borrowers looking for low rates and an efficient digital experience.

PNC Bank has solid options for budgets large and small. Though average interest rates are on the high side, its wide selection of loans (even for lower credit scores) could be a good pick for first-time home buyers seeking a streamlined digital experience.

Network Capital stands out for its focus on refinancing, especially cash-out transactions — only 6% of Network Capital customers got a purchase mortgage last year. Most likely to appeal to borrowers looking to refinance their home loan.

Veterans United originates more VA mortgages than any other lender. Though average VA rates and fees are middle of the road, it’s a solid pick for veterans and military borrowers looking for a VA loan with ample support along the way.

If you prefer people to tech, Truist might be a good fit for you. Preapproval and customer care happen mostly offline, and for details on less-common loan types or custom rates you'll need to talk to a person. Despite the human touch, customer satisfaction ratings are notably low.

U.S. Bank offers a broad selection of mortgages, including some niche options. Rates and fees are middle of the road, per federal data. The bank offers helpful tech for rate shopping and live chat, though its online application could be smoother.

Alliant Credit Union allows you to see a wide range of customized mortgage rates without sharing any personal information, though customer service is geared toward credit union members.

Chase mortgage has an above-average reputation for consumer satisfaction, and offers a number of programs that can make home buying more affordable and accessible.

FourLeaf Credit Union, formerly known as Bethpage, is easy to join: Just deposit $5 in a savings account. However, its online mortgage rate quote is light on details, and average rates are on the higher side.

Real Genius is a smart pick for a do-it-yourself online quote. We’re impressed with its "no fine print” approach and options to sort and customize APR and fees. However, Real Genius does not have a mobile app and doesn’t currently prioritize home equity lending.

SoFi’s home equity loans offer flexible term options and fast-than-average closing, but may require an appraisal and aren't available for second homes.

LoanDepot, one of the country’s largest mortgage lenders, has faced negative headlines recently. It offers a wide range of FHA mortgages, including the harder-to-find FHA 203(k) renovation loan.