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Best HARP Lenders of 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.

If you’re “upside-down” on a mortgage owned by Fannie Mae or Freddie Mac — you owe more than the value of your home — but you make your monthly payments on time, you may be able to lower your payment and interest rate by refinancing with HARP.

Unlike many traditional refinance products, HARP mortgages are designed for borrowers with loan-to-value (LTV) ratios equal to or greater than 80 percent. LTV is calculated by dividing the balance of a mortgage by the home’s value.

The HARP refinance program is scheduled to end on Dec. 31, 2018. So if you’re interested in exploring whether it’s right for you, the most convenient way to get started, usually, is through your existing lender. But if your lender doesn’t offer it (or you just want a change), you can choose a new participating lender.

NerdWallet picked some of the best approved HARP lenders in a variety of categories so you can quickly determine which one is right for you.

Best overall HARP Lenders

These HARP-approved lenders operate nationwide, offer digital applications and make it easy to get one-on-one support from a loan officer.

Quicken Loans
4.5 NerdWallet rating
  • Is the largest FHA lender in the nation
  • A full complement of mortgage products for buying and refinancing
  • Offers a technology-friendly loan process
  • Quicken Loans review
4.5 NerdWallet rating
  • Offers a full menu of fixed and adjustable home loans and refinancing
  • Finds state bond programs for first-time home buyers and income-limited households
  • Has community-based loan officers all over the country
  • Flagstar Bank review

Best non-bank HARP lenders

If a big bank or online company just isn’t for you, consider these nontraditional lenders that strive to make home loans easy and accessible.

4.5 NerdWallet rating
  • A “Lifetime Guarantee” refinance program offers special benefits for repeat customers
  • A rate comparison page offers head-to-head shopping with competitors
  • Technology upgrades are enhancing the customer experience
  • loanDepot review
4.5 NerdWallet rating
  • Caters to minority and low-income borrowers
  • Offers loans for manufactured housing
  • Helps borrowers find state-sponsored down payment assistance and grant programs
  • New American Funding review

Best online HARP lenders

The digital tools, like online document submission and application tracking, offered by these lenders will help you jump-start the mortgage process.

Rocket Mortgage
4.5 NerdWallet rating
  • Provides full online service, including a mobile app, for application and loan tracking
  • Automated salary and other financial detail verification cuts time and effort of the process
  • Gives a loan decision in minutes
  • Rocket Mortgage review

PNC Mortgage

3.5 NerdWallet rating
  • Considers nontraditional credit history items such as rent payments
  • Easy-to-navigate website, efficient online loan tracking available
  • Offers a comprehensive range of loans: fixed rate, ARMs, jumbo, conventional and HELOC
  • PNC Mortgage review

Best traditional HARP lenders

Use these widely recognized lenders if you prefer the comfort that comes from decades of experience.

3.5 NerdWallet rating
  • Offers options for starting the refinance process in a branch, in person or online
  • Services all 50 states, with offices in 22 states
  • Provides fixed, adjustable, jumbo, FHA, VA and Home Affordable Refinance Program loans
  • Chase Mortgage review
4.0 NerdWallet rating
  • One of the largest banks in the world
  • Offers a robust website and mobile app
  • You can create an account to upload documents, download loan disclosures, e-sign and more
  • Bank of America review

Best HARP lenders if you want to work with a human

Visit the physical locations offered by these lenders if you want face-to-face contact with your mortgage professional.

suntrust mortgage
4.0 NerdWallet rating
  • Offers customer service in its physical locations, online, via chat and by phone
  • Website offers educational material, supports streamlined loan process
  • Embraces FHA-backed home loans
  • SunTrust Mortgage review
4.0 NerdWallet rating
  • A large-scale lender with a full menu of home loan products
  • Average loan close time: 30-60 days
  • Available in all 50 states
  • CitiMortgage review

Best HARP refinance lenders: summary

More from NerdWallet
Everything you need to know about HARP
Calculate your refinance savings
Compare refinance rates

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.