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

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.

SunTrust 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.

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.

Chase Mortgage Review 2024

3.5

NerdWallet rating 
  • Offers two proprietary loans with low down payment requirements.
  • Provides customizable sample rates.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.

Citi Mortgage Review 2024

4.0

NerdWallet rating 
  • Average interest rates are among the lowest compared to other lenders’, according to the latest federal data.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
  • Borrowers with existing Citi accounts may receive discounts.

Carrington Mortgage Review 2024

3.5

NerdWallet rating 
  • Offers multiple low-down-payment loans.
  • Accepts history of bankruptcy, foreclosure and late payments with flexible loan program.
  • Considers borrowers with low credit scores and high debt-to-income ratios.

New American Funding Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
  • Its home equity line of credit can be used for an owner-occupied or a second home.
  • Has a program to enable buyers to make cash offers.

Veterans United Home Loans Review 2024

4.0

NerdWallet rating 
  • Offers a wide menu of VA purchase and refinance loan options.
  • Borrowers can access 24/7 customer service over the phone.
  • Offers a free credit counseling service.

SoFi Mortgage Review 2024

3.5

NerdWallet rating 
  • Has a highly rated mobile app that integrates with SoFi’s member rewards program.
  • Home equity line of credit (HELOC) borrowers can access up to 90% of home’s value, a higher limit than most lenders’.
  • Recently expanded mortgage offerings to include government-backed FHA and VA loans.

Quicken Loans Mortgage Review 2024

4.0

NerdWallet rating 
  • Streamlined online process with document and asset retrieval capabilities, as well as the ability to edit your preapproval letter.
  • Offers the option to work with loan officers by phone if desired.
  • Rocket is the largest FHA lender in the nation.

LoanDepot Mortgage Review 2024

3.5

NerdWallet rating 
  • Offers a variety of repayment terms.
  • Online loan calculator lets borrowers compare monthly payments and lifetime interest.

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.

Navy Federal Mortgage Review 2024

4.5

NerdWallet rating 
  • Offers unique loan options aimed at military borrowers, such as a proprietary loan called Military Choice that works as an alternative to VA loans.
  • 24/7 customer service supports borrowers stationed overseas.
  • Offers home equity loans and lines of credit.

Rocket Mortgage Review 2024

4.0

NerdWallet rating 
  • Streamlined online process with document and asset retrieval capabilities, as well as the ability to edit your preapproval letter.
  • Offers the option to work with loan officers by phone if desired.
  • Largest FHA lender in the nation.