Best Maryland Mortgage Lenders of 2019

Pros

• The site caters to self-service users who want to apply for a home loan without talking to a human unless it’s absolutely necessary.
• With your authorization, accesses asset statements from 98% of U.S. financial institutions.
• Tells you the loan amount you’ll qualify for within minutes.
• Rocket Mortgage’s document and asset retrieval capabilities can save you a bunch of time and hassle.

Pros

• Offers digital income, asset and employment verification.
• Has over 150 affiliated loan stores nationwide for customers who prefer face-to-face service.
• One of the nation’s most active lenders of FHA and VA loans.

Pros

• Offers a complete online suite of mortgage application tools and loan tracking.
• Has plenty of loan options to choose from and competitive interest rates.
• Provides customer service in its physical locations, online, via chat and by phone.
• Has a Doctor Loan Program for medical professionals who have high earning potential but little cash for down payments.

Pros

• Considers nontraditional credit history like rent payments.
• Online tools help you estimate mortgage payments and track application progress.
• Several affordable loan options including FHA, VA, USDA and the PNC Community Loan.

Pros

• Embraces FHA-backed home loans.
• Offers three construction loan offerings.
• A professional loan package is tailored for the needs of doctors, lawyers, architects and certified public accountants.
• Flagstar reps are familiar with low-down-payment state bond programs for first-time home buyers and income-limited households, as well as the areas that qualify for USDA loans.
• Offers home equity loans and home equity lines of credit.

Pros

• Wide range of affordable mortgage products designed for military members.
• Willing to look at nontraditional credit data, such as rent payments, as part of its credit evaluation for certain products.
• Lower minimum loan amounts than many other lenders.
• Online application for preapproval with quick decision.
• $1,000 mortgage rate match program.
• Operates nationwide.

Pros

• VA loans are the bulk of USAA’s business, so it knows the ins and outs of eligibility.
• Lots of experience assisting first-time home buyers.
• Offers online pre-qualification.

Pros

• Low rate of consumer complaints filed with the Consumer Financial Protection Bureau.
• Request a pre-qualification through PrimeLending’s secure system from a phone, tablet or computer.
• Niche mortgage products include energy-efficient mortgages, FHA 203(k) renovation and remodeling loans, manufactured home mortgages and home construction loans.
• Free “float down” interest rate option lets borrowers choose the lower rate if interest rates fall, even with a rate lock.
• NeighborhoodEdge closing cost assistance program for low- to moderate-income borrowers allows qualified borrowers $2,000 in closing cost credits (restrictions on income and location).
• “Alternative doc” program lets borrowers qualify for mortgage based on bank statements rather than tax returns.

Pros

• Works with most borrowers as long as they have good credit scores and incomes.
• Provides a user-friendly digital platform that’s thorough in covering all types of borrowing scenarios.
• Has a 95% customer satisfaction rate, according to company data.

Pros

• Allows borrowers to apply entirely online.
• Offers down payment and closing cost assistance programs.
• Accepts alternative credit data for some loan types.
• May give existing customers a discount on mortgage lender origination fees.