It’s a real challenge to find a lender that doesn’t charge an origination fee. And when it comes to the closing costs you’ll face when signing the paperwork for your loan, the mortgage origination fee can be a significant one. It’s often 1% of your total loan amount or more.
NerdWallet constantly surveys mortgage providers about their origination fees and any other lender charges that will be included in your overall closing costs.
Here are our choices for highly rated lenders in different borrower categories that don’t levy a loan origination fee.
NerdWallet tip: Even lenders that offer loans with no origination fee may not automatically present them — you may have to ask for loan terms that exclude a mortgage origination fee.
Our picks for online lenders with no origination fee
If online convenience is important to you, these lenders are among the best — and don’t charge lender fees.
Ideal for tech-savvy home buyers and refinancers in its multi-state lending territory. Reali Loans has an automated lending platform that offers round-the-clock access to application and loan-management tools.
Our picks for lenders with no origination fee on purchase loans
These lenders cater to home buyers and are good for first-timers and repeat owners alike.
Our picks for VA lenders with no origination fee
These lenders offer the powerful combination of VA no-down-payment loans without an origination fee.
Ideal for borrowers looking for help with closing costs: PrimeLending's proprietary program, NeighborhoodEdge, helps qualified low- to moderate-income borrowers with up to $2,000 in closing cost credits (certain restrictions are based on income and location).
Best mortgage lenders with no origination fee: summary
- Best for online convenience: Better.com
- Best for online convenience: Reali Loans
- Best for purchase loans: Network Capital
- Best for purchase loans: Amerisave
- Best for VA loans: NASB
- Best for VA loans: PrimeLending
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