10 Best Montana Mortgage Lenders of 2021

Why we like it

Pros

• Caters to self-service users who want to apply for a home loan online and talk to a human only as necessary.

• Estimates the loan amount you’ll qualify for within minutes.

• Streamlines the online process with document and asset retrieval capabilities, including the ability to edit your preapproval letter.

Cons

• Getting a customized interest rate requires a credit check, which can affect your credit score.

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

• Lender fees are on the high side and the fees aren't offset by particularly low mortgage rates, according to the latest data.

Why we like it

Pros

• Offers 24/7 customer service over the phone.

• Offers a free credit counseling service.

• Mortgage rates are on the low side, according to the latest federal data.

Cons

• Doesn’t offer home equity loans or HELOCs.

• Veterans United doesn't have branch offices in every state.

Why we like it

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.

Cons

• Mortgage rates for different types of loans aren't posted online.

• Origination fees are on the high side compared with other lenders, according to the latest federal data.

Why we like it

Pros

• 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.

Cons

• Doesn't offer renovation loans that roll costs into a mortgage.

Why we like it

Pros

• Carries a wide variety of mortgage types and products, including DreaMaker and Standard Agency 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.

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

• Sample rates clearly posted for various loan products.

• Offers a wide variety of loan types and products.

• Mortgage rates tend to be on the low side compared with other lenders, according to the latest federal data.

Cons

• Home loans business is broadly focused on bank customers.

• Doesn’t offer home improvement loans, or home equity loans or lines of credit.

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

Why we like it

Pros

• Offers a full line of conventional and government loan products.

• Provides home equity loans and lines of credit.

• Allows borrowers to apply and track their loan's progress online.

Cons

• No personalized mortgage rates available online.

• Published mortgage rates assume an above-average credit score.

Why we like it

Pros

• Offers a wide range of affordable mortgage products, including 0% down payment loans, designed for military members.

• Offers HELOCs and home equity loans.

• Offers low rates compared with most lenders, according to the latest federal data.

Cons

• Website does not provide customized mortgage rates based on credit score or other factors before you apply.

• Credit union membership is limited to veterans and current military members, their families, and certain federal employees, retirees and contractors.

Why we like it

Pros

• Offers a wide variety of loan products, including home improvement loans and mortgages for manufactured homes.

• Has retail branches in most states.

• Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

Cons

• Does not offer home equity loan products.

• Origination fees tend to be higher, according to the latest federal data.

Why we like it

Pros

• Full online application includes document uploads and automated loan updates.

• Offers a "float-down" interest rate lock.

• Offers government-backed mortgage and refinance options, including FHA, USDA and VA loans.

Cons

• No online mortgage rates — you have to contact the lender for info.

• Doesn't offer home equity products.