8 Best West Virginia Mortgage Lenders of 2020

Why we like it

Pros

• Quicken Loans couples a fully online application with available mortgage advisors for those who want a human touch.

• Instantly verifies employment and income for many working Americans.

• Offers custom fixed-rate loan terms that are between eight and 30 years.

• Provides a wide variety of loan types, including renovation loans and all government-backed mortgage products.

Cons

• Quicken Loans doesn't offer home equity loans or HELOCs.

• Quicken's lender fees can be stout and they don't offset those fees with particularly low mortgage rates.

Why we like it

Pros

• Offers digital income, asset and employment verification.

• Offers multiple renovation loan options.

• Has over 200 affiliated loan stores nationwide for customers who prefer face-to-face service.

Cons

• Mortgage rates aren't available online; you'll need to contact a loan officer.

• Does not offer home equity loans or lines of credit.

Why we like it

Pros

• 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.

Cons

• Branches limited to mostly the Southeast region.

• Does not offer FHA loans.

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

• New applications for home equity lines of credit suspended during COVID-19 crisis.

• Government actions and scandals have damaged consumer trust in recent years.

Why we like it

Pros

• Offers 24/7 customer service over the phone.

• Has online application and pre-qualification.

• Offers a free credit counseling service.

• Employs advisors from each branch of the armed forces.

Cons

• Doesn’t offer home equity loans or HELOCs.

• Veterans United has physical branch offices in only 18 states.

• Information on FHA, USDA and conventional loans is harder to find on their website.

• Charges higher rates and fees than some other lenders.

Why we like it

Pros

• Offers a wide range of affordable mortgage products designed for military members.

• Has an online application for preapproval.

• Offers low rates compared with most lenders.

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

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

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

• Offers a proprietary closing-cost assistance program.

Cons

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

• Doesn't offer home equity products.

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

• It's not possible to complete the entire mortgage process online.

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