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.
Even if you have a low credit score or bad credit, getting a mortgage doesn’t always have to be out of reach. You may have to look around for an appropriate lender, and you could end up paying more for your home loan. But with the right lender, you may be able to find a mortgage that meets your financial needs and doesn’t bust your budget.
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NerdWallet has picked some of the best mortgage lenders for borrowers with low credit scores in a variety of categories so you can quickly decide which one is right for you.
Best overall mortgage lenders for borrowers with low or bad credit
Ideal for those seeking a fast and automated way to get a loan. JG Wentworth offers FHA, VA and USDA home loans, as well as Fannie Mae HomePath and Freddie Mac Home Possible mortgages for moderate income home buyers.
Ideal for borrowers who want a no-hassle process. Quicken Loans gives you a prelimary loan decision in just minutes. If you aren't initially approved, mortgage loan experts can let you know what you need to do to qualify.
Summary: best mortgage lenders for borrowers with low or bad credit scores
- Best for online experience: Rocket Mortgage
- Best for online Experience: J.G. Wentworth
- Best overall for borrowers with low or bad credit scores: Carrington
- Best overall for borrowers with low or bad credit scores: New American Funding
- Best for customer support: Network Capital Funding Mortgage
- Best for customer support: HomeBridge Financial Services
- Best for refinance: Quicken Loans
- Best for refinance: Connexus Credit Union
- Best for low down payment: CitiMortgage
- Best for low down payment: Navy Federal Credit Union
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.