8 Best Georgia Mortgage Lenders of 2021
These Georgia mortgage lenders are among the best for borrowers with various needs, from first-time buyers to refinancers.
Last updated on January 26, 2021
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Buying a home in Georgia can be a delight. From the high-energy vibe of Atlanta to the relaxed, outdoor-enthusiast-friendly foothills, mountains and coast, there's a lot to love. And while you'll likely to worry more about curb appeal and an updated kitchen, choosing a mortgage lender is among your most important decisions.
NerdWallet has researched many of the top lenders in Georgia and selected some of the best options for home buyers depending on their needs.
Why trust NerdWallet
Why trust NerdWallet
- 50+ mortgage lenders reviewed and rated by our team of experts.
- 40+ years of combined experience covering mortgages and financial topics.
- Objective, comprehensive star rating system assessing 120+ categories and 5,000+ data points.
- Governed by NerdWallet's strict guidelines for editorial integrity.
Why trust NerdWallet
Why trust NerdWallet
- 50+ mortgage lenders reviewed and rated by our team of experts.
- 40+ years of combined experience covering mortgages and financial topics.
- Objective, comprehensive star rating system assessing 120+ categories and 5,000+ data points.
- Governed by NerdWallet's strict guidelines for editorial integrity.
8 Best Georgia Mortgage Lenders of 2021
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Lender ▾ ▾ | NerdWallet Rating ▾ ▾ | Min. credit score ▾ ▾ | Min. down payment ▾ ▾ | Learn more |
|---|---|---|---|---|
580 | N/A | See Offers at New American Funding | ||
620 | 1% | See Offers at Rocket Mortgage, LLC | ||
 Fairway Independent Mortgage: NMLS#2289 See Offers at Fairway Independent Mortgage | 620 | 3% | See Offers at Fairway Independent Mortgage | |
 Chase: NMLS#399798 Compare More Lenders on NerdWallet | 620 | 3% | Compare More Lenders on NerdWallet | |
 Bank of America: NMLS#399802 Compare More Lenders on NerdWallet | 660 | 5% | Compare More Lenders on NerdWallet | |
 loanDepot: NMLS#174457 Compare More Lenders on NerdWallet | 620 | 3% | Compare More Lenders on NerdWallet | |
 SunTrust (Truist): NMLS#2915 Compare More Lenders on NerdWallet | 620 | 3% | Compare More Lenders on NerdWallet | |
 Churchill: NMLS#1591 Compare More Lenders on NerdWallet | 620 | 3% | Compare More Lenders on NerdWallet |
New American Funding: Best for low credit
Min. credit score
580
Min. down payment
N/A
Learn more
on New American Funding's website
- Why we like itNew American Funding offers a large menu of loan products, as well as programs like first-time home buyer assistance, but personalized mortgage rates aren't available on its website.Pros
- Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
- Its home equity line of credit can be used for a primary residence or second home.
ConsRead full review- Average origination fees are on the high side, according to the latest federal data.
- Personalized mortgage rates are not available on the website without providing contact information.
Rocket Mortgage, LLC: Best for online experience
Min. credit score
620
Min. down payment
1%
Learn more
on Rocket Mortgage, LLC's website
- Why we like itRocket Mortgage is the largest mortgage lender by volume, standing out for its range of affordable borrowing options, down payment assistance and closing cost credits.Pros
- Reported average time to close is 15 days faster than industry average.
- FHA and VA loans make up 40% of Rocket Mortgage’s total loan volume.
- Borrowers can apply via mobile app.
ConsRead full review- Origination fees are on the higher end, according to the latest federal data.
- No construction or renovation loans.
- Physical branches are only available in Detroit, Cleveland, and Phoenix.
Fairway Independent Mortgage: Best for refinancing
Min. credit score
620
National / regional
National
Learn more
on Fairway Independent Mortgage's website
- Why we like itGood for: borrowers looking for a low-down-payment mortgage, renovation loan, or a specialized mortgage geared to medical professionals.Pros
- Offers a robust suite of loan products, including ITIN loans for borrowers without Social Security numbers, renovation loans, government-backed mortgages and loans for self-employed borrowers.
- Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
ConsRead full review- Mortgage rates for different types of loans aren't posted online.
- Origination fees and mortgage rates are on the high side compared with other lenders, according to the latest federal data.
Chase: Best for refinancing
Min. credit score
620
National / regional
National
Compare More Lenders
on NerdWallet
- Why we like itGood for: borrowers who want a wide selection of loan products, an in-person experience and comparatively low interest rates.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.
ConsRead full review- 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.
Bank of America: Best for face-to-face service
Min. credit score
660
Min. down payment
5%
National / regional
National
Compare More Lenders
on NerdWallet
- Why we like itBank of America offers low interest rates, in-person service and plenty of loan options. Current banking customers may be eligible for additional perks.Pros
- Interest rates are lower than most lenders, according to the latest federal data.
- Offers up to $10,000 in down payment assistance to qualified borrowers.
- Banking customers can get discounted interest rates or fees.
ConsRead full review- Mortgage origination fees are on the high side, according to the latest federal data.
- Rate estimator tool doesn’t personalize by credit score.
loanDepot: Best for online experience
Min. credit score
620
Min. down payment
3%
Compare More Lenders
on NerdWallet
- Why we like itLoanDepot is a large nonbank lender that offers the potential for a streamlined mortgage process and cash back, but to start an application or get a rate quote you must work with a loan officer over the phone.Pros
- Offers a variety of repayment terms for fixed-rate loans.
- Does a substantial amount of business in FHA lending.
- mello smartloan product can streamline mortgage application, appraisal and title search.
ConsRead full review- Interest rates are not available on the website.
- Origination fees are on the higher end, according to the latest federal data.
SunTrust (Truist): Best for first-time home buyers & face-to-face service
Min. credit score
620
Min. down payment
3%
Compare More Lenders
on NerdWallet
- Why we like itGood for: first-time home buyers, doctors and other borrowers interested in low-down-payment mortgage options.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.
ConsRead full review- Customized rates aren't available online without starting an application.
- Branches are limited mostly to the Southeast.
Churchill: Best for low credit
Min. credit score
620
Min. down payment
3%
Compare More Lenders
on NerdWallet
- Why we like itGood for: borrowers with nontraditional credit who value a debt-free lifestyle. Churchill advocates debt-free homeownership and helps customers try to achieve that goal.Pros
- Experienced at underwriting loans for borrowers without credit scores.
- Offers conventional mortgages for manufactured homes.
- Has conveniences such as online chat and a mobile app.
ConsRead full review- Doesn't provide sample or customized mortgage rates on its website.
- Mortgage rates and fees are on the high side, according to the latest federal data.
» MORE: Best Atlanta mortgage lenders
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.
NerdWallet's Best Georgia Mortgage Lenders of 2021
- New American Funding: Best for low credit
- Rocket Mortgage, LLC: Best for online experience
- Fairway Independent Mortgage: Best for refinancing
- Chase: Best for refinancing
- Bank of America: Best for face-to-face service
- loanDepot: Best for online experience
- SunTrust (Truist): Best for first-time home buyers & face-to-face service
- Churchill: Best for low credit
