10 Best Mortgage Lenders of January 2022 for Jumbo Loans

Why we like it

Pros

• Offers the ability to securely upload and digitally sign loan documents.

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

Cons

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

Why we like it

Pros

• Allows electronic submission and tracking of loan documents.

• Carries a wide variety of mortgage types and products.

• Generally offers competitive rates, according to the latest data.

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

• Offers a full array of online conveniences, including loan process updates.

• Offers financing for cooperatives, a type of home that’s common on the East Coast.

• Sample mortgage rates available for a variety of loan products.

Cons

• In-person service available only on Long Island, New York.

• USDA and renovation loans are not available.

• Customized rates not available online.

Why we like it

Pros

• Provides numerous online conveniences, including loan application and process updates.

• Current rates clearly posted for various loan products.

• Offers a wide variety of loan types and products.

Cons

• Home equity loans and lines of credit suspended due to COVID-19 are still unavailable.

• Scandals and government actions have damaged consumer trust in recent years.

• No home improvement loans offered.

Why we like it

Pros

• Low- or no-down-payment options with no mortgage insurance.

• Mortgages are available for non-warrantable condominiums.

Cons

• Does not offer government-backed mortgages, like FHA and VA loans.

• Does not offer renovation mortgages.

Why we like it

Pros

• Offers a variety of purchase and refinance loans, including jumbo mortgages.

• Has a preferred real estate agent program that can save a borrower some money on closing costs.

• Offers some flexibility on guidelines for loan qualification.

Cons

• Does not offer VA or USDA loans.

• Products available only to California residents.

Why we like it

Pros

• Online tools help you estimate mortgage payments and track application progress.

• Can be used for primary or second home purchases.

• $5 million max jumbo loan amount.

Cons

• Doesn't offer renovation mortgages.

• In-person service is not available in every state.

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.

Why we like it

Pros

• Offers a variety of home loans, including construction-to-permanent loans, physicians loans and jumbo loans.

• Has a robust online mortgage application.

Cons

• Branches limited to mostly the Southeast region.

• Custom rates are only available if you speak with a representative.