Advertiser Disclosure

Best Dallas-Fort Worth Mortgage Lenders of 2018

Aug. 10, 2018
Finding the Right Mortgage, Mortgages
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from 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.

The over 9,000 square miles of the Dallas-Fort Worth metroplex — the second-largest land area of the top 20 most-populated cities in the U.S. — is home to hundreds of banks, credit unions, mortgage lenders and savings institutions. To get the best terms on a home loan, NerdWallet recommends you shop at least three.

To get the Texas-sized financial marketplace of DFW a bit more manageable, we’ve herded the best mortgage lenders by category, then corralled the results by national and local lenders.

National and regional mortgage lenders in Dallas-Fort Worth

These national brands underwrite a lot of mortgages in North Texas. Here are top-rated lenders in different lending categories.

Best Dallas-Fort Worth mortgage lenders that are traditional banks

Shopping for a home loan where you do your day-to-day banking is an obvious choice. These leading banks offer a full range of mortgage products.

  • You can begin the mortgage process in a nearby branch, in person or online.
  • Offers fixed, adjustable, jumbo, FHA and VA mortgage options.
  • Existing Chase customers can get fee discounts.
  • Chase Mortgage review
  • Borrowers have access to a full suite of online and mobile tools — and face-to-face service in local banking centers.
  • Offers a first-time home buyer loan program with no mandatory mortgage insurance.
  • Minimum credit score: 620 (FHA: 600).
  • Bank of America mortgage review

Best Dallas-Fort Worth mortgage lenders for online convenience

Stuck in traffic on the LBJ? Pull over and start a mortgage application on your phone until the traffic clears. These lenders know how that works.

Rocket Mortgage
  • A fully digital home loan experience with a large variety of mortgage products.
  • Users can easily upload financial details and get a loan decision in minutes.
  • Explains the application process step by step with help as you go.
  • Rocket Mortgage review
  • Your loan application is likely to start by phone; most technology upgrades have been behind the scenes.
  • The number of loan products offered nearly rival those available at banks.
  • Well-rated for low customer complaint volume according to CFPB data.
  • loanDepot review

Best Dallas-Fort Worth mortgage lenders for customer service

These top-rated lenders offer innovative products and services for Dallas-Fort Worth borrowers.

  • Free “float down” interest rate option lets borrowers choose the lower rate if interest rates fall, even with a rate lock.
  • Niche mortgage products include energy-efficient mortgages, FHA 203(k) renovation and remodeling loans, manufactured home mortgages and home construction loans.
  • Low rate of consumer complaints filed with the Consumer Financial Protection Bureau.
  • PrimeLending review
  • Close in as little as 10 days using the FairwayNow mobile app.
  • Rated among the highest in J.D. Power mortgage origination satisfaction survey.
  • Offers 24/7 online loan administration portal, as well as assistance via a mobile app, call center or email.
  • Fairway Independent Mortgage review

Best Dallas-Fort Worth mortgage lenders for first-time home buyers

If this is your first home loan, you might appreciate dealing with a lender who knows the first-time-buyer ropes. These lenders rise to the top.

Guild Mortgage
  • Helps eligible borrowers find state housing finance assistance programs.
  • Offers Federal Housing Administration, Veterans Affairs and U.S. Department of Agriculture loans.
  • Services, or collects, all of the loans it originates, helping to maintain long-term relationships with borrowers.
  • Guild Mortgage review
  • Borrowers can qualify with rental payments, utility bills and other nontraditional credit sources.
  • Embraces FHA loans, which can help first-time home buyers with low down payments and relaxed lending standards.
  • Offers three construction loan products.
  • Flagstar Bank review

Best Dallas-Fort Worth mortgage lenders for government-backed loans

The low down payments and favorable terms of government-backed loans (such as FHA, VA and USDA loans) are available through program-approved lenders like these.

  • Offers government-backed loans to borrowers with a minimum 550 credit score.
  • Loan amounts as low as $50,000.
  • FHA 203(k) loans can wrap renovation costs into a mortgage.
  • HomeBridge Financial Services review
  • Specializes in VA-backed loans, which account for about two-thirds of mortgage volume.
  • The VA Interest Rate Reduction Refinance Loan (IRRRL) has no origination fee, and USAA covers the appraisal, title and VA funding fee.
  • Document uploads and e-sign are available.
  • USAA Mortgage Loans review

» MORE: See the best Texas mortgage lenders

Local mortgage lenders in Dallas-Fort Worth

If you want to include a local lender or two in your search for the best mortgage, these Dallas-Fort Worth lenders are among the highest-volume mortgage makers in the city. The following lenders have not been reviewed by NerdWallet.

  • The application process can begin online.
  • Works to earn referrals from previous customers and local real estate professionals.
  • Offers conventional, government-backed and jumbo loans.
  • Finances condominiums (non-warrantable) that don’t meet the standards of Fannie Mae or Freddie Mac.
  • A complete line of mortgage loans, including for vacation homes as well as construction and renovation.
  • Also offers loans for investment properties.

 

  • If you’ve been denied a mortgage, credit consultants will analyze your credit report and help identify ways to improve your creditworthiness.
  • Online pre-qualification form gets the homebuying process started.
  • Staffed to serve Spanish-speaking customers.
  • Founded in Fort Worth in 1998.
  • Underwrites, processes and services all loans in-house.
  • Offers an online application.

Best Dallas-Fort Worth mortgage lenders: Summary

Chase: Best Dallas-Fort Worth mortgage lenders that are traditional banks.

Bank of America: Best Dallas-Fort Worth mortgage lenders that are traditional banks.

Rocket Mortgage: Best Dallas-Fort Worth mortgage lenders for online convenience.

loanDepot: Best Dallas-Fort Worth mortgage lenders for online convenience.

PrimeLending: Best Dallas-Fort Worth mortgage lenders for customer service.

Fairway Independent Mortgage: Best Dallas-Fort Worth mortgage lenders for customer service.

Guild Mortgage: Best Dallas-Fort Worth mortgage lenders for first-time home buyers.

Flagstar Bank: Best Dallas-Fort Worth mortgage lenders for first-time home buyers.

Homebridge: Best Dallas-Fort Worth mortgage lenders for government-backed loans.

USAA: Best Dallas-Fort Worth mortgage lenders for government-backed loans.

Supreme Lending: Top local mortgage lenders in Dallas-Fort Worth.

First United: Top local mortgage lenders in Dallas-Fort Worth.

DHI Mortgage: Top local mortgage lenders in Dallas-Fort Worth.

Cendera Funding: Top local mortgage lenders in Dallas-Fort Worth.

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.