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

Mr. Cooper Mortgage Review 2024

3.5

NerdWallet rating 
  • Offers multiple options to secure a lower interest rate, including a 1% discount for the first year and waiving future refinancing fees.
  • Mobile app is highly rated and includes some nice-to-haves, such as the ability to monitor home equity and property value.
  • Mortgage rates are lower than most lenders’, according to the latest federal data.

Northpointe Bank Mortgage Review 2024

3.0

NerdWallet rating 
  • Offers government-backed FHA and VA loans, including refinancing options, and USDA loans.
  • Jumbo loans available for vacation homes and investment properties.
  • Offers programs for borrowers with credit challenges, self-employed borrowers and professionals early in their careers who may still carry significant debt.

Alliant Credit Union Mortgage Review 2024

4.5

NerdWallet rating 
  • Borrowers can apply entirely online. The lender is also very transparent about what borrowers can expect from the process, including nontraditional customers.
  • Borrowers do not need to become members of the credit union until they’ve reached the closing process, meaning that interested home buyers can apply and get rate offers without committing to membership.
  • Offers customized rate quotes, including a detailed breakdown of estimated closing costs.

Alterra Home Loans Review 2024

3.0

NerdWallet rating 
  • Offers government loans, down payment assistance loans and ITIN loans, among other options.
  • Has branch locations across the country for borrowers who prefer an in-person experience.
  • Site has a live chat feature.

AmeriSave Mortgage Review 2024

3.0

NerdWallet rating 
  • Offers a temporary buydown program that lowers buyers’ interest rates in their first year.
  • Offers low rates compared with other lenders, according to the latest federal data.
  • A home equity line of credit is available.

BB&T Mortgage (Truist) 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.

Bethpage Mortgage Review 2024

4.0

NerdWallet rating 
  • Has a fully online mortgage application and a highly rated mobile app.
  • Offers financing for co-ops, a type of home that’s common on the East Coast.
  • Interest rates are on the low side, according to the latest federal data.

Freedom Mortgage Review 2024

2.5

NerdWallet rating 
  • Offers conventional, FHA, VA, USDA and jumbo loans.
  • Multiple customer service options, including brick-and-mortar branches, online message center and phone.
  • Low average mortgage interest rates, according to the latest federal data.

Golden 1 Credit Union Mortgage Review 2024

4.0

NerdWallet rating 
  • Has a preferred real estate agent program that can save a borrower money on closing costs.
  • Offers some flexibility on guidelines for loan qualification.
  • Customized sample rates are available online without contacting the lender.

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.

Network Capital Mortgage Review 2024

4.0

NerdWallet rating 
  • A good selection of loan products, including government-backed FHA and VA mortgages.
  • Provides a “same-as-cash” loan that allows borrowers to compete with cash offers.
  • Closing possible in as few as 15 days, the lender says.

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

5.0

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.