8 Best Florida Mortgage Lenders of 2022
NerdWallet can help you choose the best Florida mortgage lender for you, from all-digital online specialists to major banks for in-person service.
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
If you're looking to buy or refinance a home in Florida, you have many lenders to choose from. And no matter whether your homeownership dream in the Sunshine State is a beachfront condo or a suburban mid-century modern near great schools, picking the best mortgage lender is a key part of finding the right mortgage for you.
Though they serve borrowers across the country, the national and regional lenders displayed in the table, which have been reviewed by NerdWallet, are some of the best mortgage providers in Florida.
- 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.
- 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.
Best Florida Mortgage Lenders
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Lender ▾ ▾ | NerdWallet Rating ▾ ▾ | Min. credit score ▾ ▾ | Min. down payment ▾ ▾ | Learn more |
|---|---|---|---|---|
580 | 3% | Learn more at New American Funding | ||
620 | 3% | Top 3 most visited 🏆 Learn more at Guaranteed Rate | ||
620 | 1% | Learn more at Rocket Mortgage, LLC | ||
 Churchill: NMLS#1591 LEARN MORE on NerdWallet | 620 | 3% | LEARN MORE on NerdWallet | |
 SunTrust (Truist): NMLS#2915 LEARN MORE on NerdWallet | 620 | 3% | LEARN MORE on NerdWallet | |
 BB&T (Truist): NMLS#399803 LEARN MORE on NerdWallet | 620 | 3% | LEARN MORE on NerdWallet | |
 Bank of America: NMLS#399802 LEARN MORE on NerdWallet | 660 | 5% | LEARN MORE on NerdWallet | |
 Chase: NMLS#399798 LEARN MORE on NerdWallet | 620 | 3% | LEARN MORE on NerdWallet |
New American Funding: NMLS#6606
580
3%
- Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
- Its home equity line of credit can be used for an owner-occupied or second home.
- Has a program to enable buyers to make cash offers.
- Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
- Mortgage origination fees tend to be on the high end.
- Personalized mortgage rates are not available on the website without providing contact information.
Guaranteed Rate: NMLS#2611
620
3%
- Offers a one-day mortgage approval process.
- Offers a generous selection of loans, including government-backed, interest-only, ITIN, jumbo and renovation loans.
- Advertises a HELOC that can be funded in as few as five business days.
- Origination fees are higher than average, according to the latest federal data.
- HELOC has a relatively short draw period, which may not provide flexibility for someone who wants the option of accessing home equity over a longer period.
Rocket Mortgage, LLC: NMLS#3030
620
1%
- Streamlined online process with document and asset retrieval capabilities, as well as the ability to edit your preapproval letter.
- Offers the option to work with loan officers by phone if desired.
- Largest FHA lender in the nation.
- Getting a customized interest rate requires a credit check, which can affect your credit score.
- Origination fees are on the high side compared with other lenders, according to the latest federal data.
- Doesn't offer home equity lines of credit.
- 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.
- 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.
SunTrust (Truist): NMLS#2915
620
3%
- 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.
- Customized rates aren't available online without starting an application.
- Branches are limited mostly to the Southeast.
BB&T (Truist): NMLS#399803
620
Regional
- Offers a variety of low-down-payment mortgages as well as construction mortgages.
- Website lets users estimate rates online by loan and property type, amount and location.
- Has an online mortgage application.
- Branches limited to mostly the Southeast region.
- Does not offer FHA loans.
Bank of America: NMLS#399802
660
5%
National
- Offers down payment and closing cost assistance programs.
- May give existing customers a discount on mortgage lender origination fees and HELOC interest rates.
- Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
- Doesn't offer renovation or construction-to-permanent mortgage loans.
- Must enroll in online banking to access Home Loan Navigator.
- Fined $12 million for reporting inaccurate mortgage applicant info to the federal government.
- Offers two proprietary loans with low down payment requirements.
- Provides customizable sample rates.
- Receives high marks for customer satisfaction, according to JD Power and Zillow.
- Borrowers must apply for prequalification before accessing a full online application.
- Origination fees are higher than average, according to the latest federal data.
- Borrowers may be frustrated with the lender’s website experience.
Local Florida mortgage lenders
Although NerdWallet hasn't reviewed these lenders yet, they may be worth considering if you prefer a Florida-based mortgage provider.
Online application and mobile app
Offers FHA, VA and USDA loans, as well as construction, jumbo and reverse mortgages
Has an online library of homebuying guides and a mortgage glossary
Online application and mobile app
Offers FHA, VA and USDA mortgages, as well as renovation, reverse and jumbo loans
Multiple refinance options
In-house down payment assistance program
Full online application
Automatic loan status updates
Website offers educational resources, including a mortgage glossary and checklist
Best Florida mortgage lenders by city
We took a closer look at mortgage lenders in major Florida cities. See our top picks in your area.
More from NerdWallet
Last updated on January 6, 2022
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 Florida Mortgage Lenders of 2022
- New American Funding: Best for borrowers with bad credit
- Guaranteed Rate: Best for online lending
- Rocket Mortgage, LLC: Best for online lending
- Churchill: Best for borrowers with bad credit
- SunTrust (Truist): Best for first-time home buyers
- BB&T (Truist): Best for refinancing
- Bank of America: Best for face-to-face service
- Chase: Best for face-to-face service
