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Best Charlotte Mortgage Lenders of 2019

Feb. 6, 2019
Finding the Right Mortgage, Mortgages
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Charlotte, North Carolina, offers such a wide variety of mortgage lenders that it can be hard to pick one. NerdWallet evaluated Charlotte’s leading mortgage companies in various categories to help you decide.

Whether you’re buying a bungalow in Dilworth or refinancing a condo in Uptown, these national and local lenders are a solid place to start.

» MORE: Learn about North Carolina first-time home buyer programs

NerdWallet’s best Charlotte mortgage lenders

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at Quicken Loans

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal choice for convenience and quick-response customer service. Quicken Loans provides just about all the services your neighborhood lender does — with online convenience.

 

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at Fairway

National / regional

National

Min. down payment

3%

Why we like it

Ideal for borrowers who want lots of options and a quick turn time. Fairway Independent Mortgage offers a full selection of home loans along with a comprehensive mobile app for a fast and easy application process.

 

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at Bank of America

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for borrowers who prefer a traditional bank. Bank of America offers a wide array of mortgages and online account management tools. It also has first-time home buyer loans with low down payments and no mandatory mortgage insurance.

 

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at BB&T Mortgage

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for borrowers in the Southeast who want face-to-face service at one of more than 2,000 financial centers.

 

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at SunTrust

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for first-time home buyers, including those with little money saved for a down payment. SunTrust's online portal offers information and tools in English and in Spanish.

 

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at LoanDepot

Min. credit score

620

Min. down payment

3.5%

Why we like it

Ideal for borrowers looking for a loan selection that nearly rivals banks. LoanDepot has affiliated locations nationwide and is well-rated for low customer complaint volume.

 

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at Flagstar

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for those who appreciate the full-service experience of a leading regional bank. Flagstar offers a full menu of fixed and adjustable home loans and mortgage refinancing, as well as jumbo loans and home equity financing.

 

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at Caliber Home

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for first-time home buyers, veterans and those who may have credit challenges to overcome.

 

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at Navy Federal

National / regional

National

Min. down payment

0%

Why we like it

Ideal for military members and their families. Navy Federal Credit Union offers a wide range of mortgage products and low minimum loan amounts, and considers alternative credit data.

 

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at Vylla

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for first-time home buyers or credit-challenged borrowers who may have trouble qualifying for a mortgage.

Local mortgage lenders in Charlotte

These mortgage lenders are based in or near Charlotte and are among the metro area’s most active mortgage providers. They have not been reviewed by NerdWallet.

Movement Mortgage

  • Homegrown lender that now has a national presence.
  • Mobile app lets you start your application and sync bank statements and tax software, reducing paperwork.
  • Aims to deliver a loan decision within six hours.
  • Offers low-down-payment, jumbo, FHA, VA and USDA mortgages, plus condo loans up to $3 million.

Allen Tate Mortgage

  • One of Charlotte’s best-known brands for homebuying and refinancing.
  • Lets you track loan status online, plus get email notifications of milestones such as receipt of appraisal.
  • “Second Look” program encourages rate-shopping from people who have been preapproved by competing lenders; posts mortgage rates on its site.
  • Offers 15- and 30-year fixed-rate mortgages and 5/1 ARMs as well as jumbo, FHA, VA and USDA loans.

Sharonview Federal Credit Union

  • No lender fees for application, processing or documentation for most loans.
  • More-personalized mortgage rates are available on the site with no registration required.
  • Fixed-rate loans with terms from 30 to 10 years, plus 5/1 and 5/5 ARMs, and possible 100% financing.
  • Schedule a callback from a loan officer within four-hour windows.
  • Borrowers must meet membership eligibility requirements.

Cardinal Financial Company

  • Offers conventional, jumbo, FHA, VA and USDA loans.
  • Get a conventional loan with a down payment as low as 3%.
  • Jumbo loans are available for up to $3 million.

Best Charlotte mortgage lenders: Summary

More from NerdWallet

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.