Mortgage Lender Reviews

Comparing mortgage lenders can help you save money on closing costs and find a better mortgage rate. Read our reviews to find the best lender for you.

Getting started with mortgage lenders

NerdWallet's top-rated mortgage lenders

Guaranteed Rate Mortgage Review 2024

5.0

NerdWallet rating 
  • Offers a one-day mortgage approval process.
  • Offers a generous selection of loans, including government-backed, interest-only, ITIN, jumbo and renovation loans.
  • Advertises a HELOC that can be funded in as few as five business days.

Flagstar Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Multiple loans for those who are renovating or building a home, including loans with interest-only payments during construction.
  • Offers home equity loans and lines of credit.
  • Offers down payment assistance and loans for underserved borrowers, including ITIN loans and loans with flexible qualifications in certain communities.

PNC Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Offers several low-down-payment loan options, including FHA, VA, USDA and the PNC Community Loan.
  • Mortgage rates are lower than the industry average, according to the latest federal data.
  • Jumbo loans available with 5% down payment.

NBKC Bank Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers government-backed loans and some harder-to-find products, such as loans for self-employed borrowers and mortgages for pilots.
  • Efficient customer service over the phone or through online chat.
  • Displays customized rates, with fee estimates, without requiring contact information.

Better Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers a one-day mortgage that lets eligible borrowers apply, lock in a rate and get a loan commitment within 24 hours.
  • Average interest rates are on the low end compared with other lenders, according to the latest federal data.
  • Offers a HELOC that can be used for a primary, second or investment home.

San Diego County Credit Union Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers purchase, refinance and jumbo mortgages, plus loans for second homes and home equity products.
  • Provides customized rate and fee quotes without requiring contact information.
  • Interest rates are notably low, according to the latest federal data.

Truist Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers a wide variety of loan options, including construction loans, programs for early career doctors, a wide variety of jumbo loans and home equity lines of credit.
  • Proprietary grant program can help borrowers afford down payment and closing costs.
  • Mortgage rates are lower than industry average, according to the latest federal data.

Bank of America Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers down payment and closing cost assistance programs.
  • Existing customers who meet certain qualifications can receive a discount on mortgage lender origination fees and HELOC interest rates.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

Pennymac Mortgage Review 2024

4.5

NerdWallet rating 
  • Rates are on the low side, according to the latest federal data.
  • An online tool makes it easy to customize a rate quote online, with no contact information required.
  • “Lock & Shop” lets you secure a rate for up to 90 days while you house-hunt, and switch to a lower one if rates drop while you shop.

NerdWallet rates lenders on a scale from 1 to 5 stars. See what goes into our ratings.

More top lenders by category

NASB Mortgage Review 2024

4.0

NerdWallet rating 
  • Sample mortgage rates are customizable.
  • Offers nontraditional mortgage products that may be difficult to find elsewhere, such as 1099 loans and bank statement loans for self-employed borrowers.

Wells Fargo Mortgage Review 2024

4.0

NerdWallet rating 
  • Sample rates clearly posted for various loan products.
  • Offers a wide variety of loan types and products, including options for borrowers who work for themselves and those without Social Security numbers.
  • Mortgage rates tend to be on the low side compared with other lenders, according to the latest federal data.

Flagstar Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Multiple loans for those who are renovating or building a home, including loans with interest-only payments during construction.
  • Offers home equity loans and lines of credit.
  • Offers down payment assistance and loans for underserved borrowers, including ITIN loans and loans with flexible qualifications in certain communities.

NBKC Bank Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers government-backed loans and some harder-to-find products, such as loans for self-employed borrowers and mortgages for pilots.
  • Efficient customer service over the phone or through online chat.
  • Displays customized rates, with fee estimates, without requiring contact information.

PNC Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Offers several low-down-payment loan options, including FHA, VA, USDA and the PNC Community Loan.
  • Mortgage rates are lower than the industry average, according to the latest federal data.
  • Jumbo loans available with 5% down payment.

Truist Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers a wide variety of loan options, including construction loans, programs for early career doctors, a wide variety of jumbo loans and home equity lines of credit.
  • Proprietary grant program can help borrowers afford down payment and closing costs.
  • Mortgage rates are lower than industry average, according to the latest federal data.

Read all NerdWallet's mortgage lender reviews

State Employees’ Credit Union Mortgage Review 2024

4.0

NerdWallet rating 
  • No private mortgage insurance required, even with a down payment less than 20%.
  • 100% financing available.
  • Participates in mortgage credit certificate and down payment assistance programs.

Wintrust Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers specialty loans, such as construction and renovation loans, and loans for second homes and investment properties.
  • Offers a home equity line of credit.
  • Participates in down payment assistance programs in Illinois and Wisconsin.

San Diego County Credit Union Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers purchase, refinance and jumbo mortgages, plus loans for second homes and home equity products.
  • Provides customized rate and fee quotes without requiring contact information.
  • Interest rates are notably low, according to the latest federal data.

USAA Mortgage Review 2024

4.0

NerdWallet rating 
  • VA loans are the bulk of USAA's business, so its loan officers know the ins and outs of eligibility and the application process.
  • Offers HomeReady loans, a conventional mortgage with flexible down payment options for low- and moderate- income buyers.
  • Has a highly rated mobile app.

Guild Mortgage Review 2024

3.0

NerdWallet rating 
  • Offers a wide variety of loan options, including home improvement loans and mortgages for manufactured homes.
  • Has branches in most states.

Ally Mortgage Review 2024

4.0

NerdWallet rating 
  • Borrowers can receive a customized rate quote by entering their information (home price, credit score, etc.) into a tool on Ally’s website.
  • Offers Fannie Mae’s HomeReady loan, which has flexible lending requirements and requires just 3% down.
  • Interest rates are on the low side relative to competitors, according to the latest federal data.

BNC National Bank (First Federal) Mortgage Review 2024

3.5

NerdWallet rating 
  • Offers government-backed loans and some harder-to-find products, such as jumbo loans for investment and multifamily properties.
  • Home renovation loans are available.
  • Offers home equity loans and lines of credit.

PenFed Credit Union Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers a selection of low-down-payment options for first-time home buyers and HELOCs.
  • Offers a rate lock with a fully underwritten preapproval when you're still shopping for a home.
  • Mortgage rates and fees are low compared with other lenders, according to the latest data.

Sebonic Mortgage Review 2024

2.5

NerdWallet rating 
  • Lender representatives help guide the online application process.
  • Offers a variety of mortgage options, including FHA, VA and USDA loans.

Pennymac Mortgage Review 2024

4.5

NerdWallet rating 
  • Rates are on the low side, according to the latest federal data.
  • An online tool makes it easy to customize a rate quote online, with no contact information required.
  • “Lock & Shop” lets you secure a rate for up to 90 days while you house-hunt, and switch to a lower one if rates drop while you shop.

Fairway Mortgage Review 2024

3.0

NerdWallet rating 
  • Offers a robust suite of loan products, including ITIN loans for borrowers without Social Security numbers, renovation loans, government-backed mortgages and loans for self-employed borrowers.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

U.S. Bank Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers a range of loan types, including FHA loans, VA loans and home equity options.
  • Lists sample mortgage rates and APRs for many of its products online, including a breakdown of estimated monthly payments.
  • Their mobile app is highly rated in the App Store.

PrimeLending Mortgage Review 2024

3.0

NerdWallet rating 
  • Offers a broad selection of renovation loans to finance cosmetic upgrades or structural repairs.
  • Issues loan approval letters within 24 hours to borrowers who qualify.
  • Offers resources to connect eligible borrowers with closing cost and down payment assistance programs.

Churchill Mortgage Review 2024

3.5

NerdWallet rating 
  • Experienced at underwriting loans for borrowers without credit scores.
  • Offers conventional mortgages for manufactured homes.
  • Has conveniences such as online chat and a mobile app.

Flagstar Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Multiple loans for those who are renovating or building a home, including loans with interest-only payments during construction.
  • Offers home equity loans and lines of credit.
  • Offers down payment assistance and loans for underserved borrowers, including ITIN loans and loans with flexible qualifications in certain communities.