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Best 30-Year Fixed-Rate Mortgage Lenders of 2018

Finding the Right Mortgage, Mortgages
At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here’s how we make money.
We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

NerdWallet offers financial tools and advice to help you understand your options and make the best possible decisions. The guidance we offer and information we provide are deeply researched, objective and independent.

We spent over 400 hours reviewing the top mortgage lenders before selecting the best for our readers. We’ve picked at least two lenders in several "best of" categories to help you find a lender that meets your needs.

The 30-year fixed-rate mortgage: It’s the backbone of American homeownership. Even though most homeowners move before the full loan term is up, the 30-year mortgage provides the peace of mind of a fixed payment schedule and an interest rate that won’t change over time.

NerdWallet has found some of the best available major national mortgage lenders that offer 30-year fixed-rate loans, to help you quickly choose the right lender for your needs.

Best 30-year fixed-rate mortgage lenders for first-time home buyers

These lenders are leaders in FHA loans, often a go-to solution for first-time home buyers. They also offer other loan programs to assist aspiring homeowners.

Quicken Loans
  • Quicken Loans is the largest FHA lender in the nation
  • Its Rocket Mortgage app offers a rich online experience
  • Thirty-year mortgages, their most popular loans, can be had with as little as 3% down
  • Quicken Loans review
  • Offers a full line of purchase mortgages, including Federal Housing Administration and Department of Veterans Affairs loans
  • Considers alternative credit, including rent and child support payment history
  • Has low down payment options that don’t require private mortgage insurance
  • CitiMortgage review

Best 30-year fixed-rate mortgage lenders for refinancing

Maybe it’s time to move from an adjustable-rate loan to a fixed-rate mortgage — or to a longer loan term. These lenders are leaders in refinancing.

  • Lenda offers refinancing with no origination fee or broker commission
  • Promises a paperless process
  • Answer a few simple questions online for an initial approval
  • Lenda review
  • The bank allows you to start the refi process online, and has a large footprint of local branches for in-person service
  • Provides the full line of loan products you would expect from a mega bank
  • Chase also offers FHA and VA refinance home loans
  • Chase mortgage review

Best 30-year fixed-rate mortgage online lenders

Completing most, if not all, of the loan process online is what these lenders do best.

Rocket Mortgage
  • The first major lender to provide an online and smartphone-enabled application process
  • Employment and asset verification is often completed online in minutes — saving a lot of time
  • Rocket provides a quick loan decision, usually in minutes
  • Rocket Mortgage review
  • Offers an online application process with secure document uploads and electronic signature
  • Claims a higher satisfaction score than noted customer-service-friendly firms like Apple, Amazon and Zappos
  • For matters better handled in person, Guaranteed Rate has over 150 branches across the country
  • Guaranteed Rate review

Best 30-year fixed-rate mortgage lenders for face-to-face service

For borrowers who prefer in-person service, these lenders have thousands of local offices.

  • The Home Loan Navigator tool tracks the status of your loan application, as well as a to-do list
  • You can sign and submit documents digitally, to help speed the process
  • Existing bank customers may qualify for a reduction in fees
  • Bank of America mortgage review
  • Offers a full line of purchase mortgages, including Federal Housing Administration and Department of Veterans Affairs loans
  • Considers alternative credit, including rent and child support payment history
  • Has low down payment options that don’t require private mortgage insurance
  • CitiMortgage review

Best 30-year fixed-rate mortgage lenders for borrowers with bad credit

If you have a few dings on your credit history, these lenders have programs that may help you buy a home.

  • Uses a manual underwriting process, which allows greater flexibility to approve loans
  • On some loan products, requires a minimum credit score of only 580
  • Assists borrowers in finding state-sponsored down payment assistance and grant programs
  • New American Funding review
  • Caters to borrowers with lower credit scores, in some cases as low as a FICO of 550
  • Assists in coordinating down payment assistance programs through state housing authorities
  • Provides loan programs for borrowers with moderate incomes
  • Carrington Mortgage review

Best 30-year fixed-rate mortgage lenders: summary

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NerdWallet’s selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.