10 Best North Carolina Mortgage Lenders of 2021

Why we like it

Pros

• 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.

• Offers a program to enable buyers to make cash offers.

Cons

• Mortgage origination fees tend to be on the high end, according to the latest federal data.

Why we like it

Pros

• Posts current mortgage rates on its website.

• Has an online application for mortgage preapproval and a digital tool to track application progress.

• Offers several affordable loan options, including FHA, VA, USDA and the PNC Community Loan.

Cons

• Doesn't offer renovation mortgages.

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

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

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

• Offers a wide variety of loans, including jumbo and interest-only products.

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

Cons

• Doesn't offer home equity loans.

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 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

• Has branches across the country for customers who prefer face-to-face service.

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

• Mortgage interest rates tend to be on the lower end, according to the latest federal data.

Cons

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

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

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 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.

Why we like it

Pros

• Offers multiple low-down-payment loan programs.

• May consider alternative credit data, such as bank statements.

• You can view customized rates for purchasing a home and apply online.

Cons

• Doesn't offer home equity lines of credit.

• Lender fees are on the high side, according to the latest federal data.