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

Rate Mortgage Review 2024

5.0

NerdWallet rating 
  • Fully underwritten mortgage approval in as little as one day for qualified borrowers.
  • Generous selection of loans, including government-backed, interest-only, jumbo and renovation.
  • Advertises a HELOC that can be funded in as few as five business days.

Flagstar Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Conventional loan terms extend to 40 years, which is unusually flexible.
  • Offers options for high-balance mortgages.
  • Offers specialized mortgages for professionals, such as doctors and lawyers, starting their careers.

PNC Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Low-down-payment loan options include FHA, VA, USDA and PNC Community Loan.
  • Jumbo loans available with minimum down payments of 5%.
  • Customizable mortgage rates are posted online.

NBKC Bank Mortgage Review 2024

3.5

NerdWallet rating 
  • Mortgage rates are on the low side compared to other lenders, according to the latest federal data.
  • VA loans represent more than a quarter of purchase volume, a larger share than many lenders NerdWallet reviews.
  • Offers a strong variety of loan types for purchase and refinance, including fixed- and adjustable-rate loans and government options.

Better Mortgage Review 2024

4.5

NerdWallet rating 
  • Borrowers can apply, lock in a rate and receive a commitment letter within one day.
  • Offers both HELOCs and home equity loans with a high borrowing limit of 90% CLTV.
  • Offers mortgages for manufactured homes, as well as financing for self-employed borrowers.

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

4.0

NerdWallet rating 
  • Offers mortgage options focused on affordability.
  • Convenient online application.
  • Offers a HELOC and construction loans.

Bank of America Mortgage Review 2024

4.0

NerdWallet rating 
  • Interest rates are lower than most lenders, according to the latest federal data.
  • Offers up to $10,000 in down payment assistance to qualified borrowers.
  • Banking customers can get discounted interest rates or fees.

Pennymac Mortgage Review 2024

5.0

NerdWallet rating 
  • Easy to personalize a quote and apply online.
  • Can lock in a rate before you’re under contract, earlier than most lenders.
  • Perks include a 1% interest rate buydown and “refinance later” cash bonus.

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

4.5

NerdWallet rating 
  • Sample rates are shown for various loan products, along with the type of borrower and loan that would get them.
  • Offers generous down payment and closing cost assistance programs for qualified borrowers.
  • Market leader in number of jumbo loans and refinances originated, according to the latest federal data.

Flagstar Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Conventional loan terms extend to 40 years, which is unusually flexible.
  • Offers options for high-balance mortgages.
  • Offers specialized mortgages for professionals, such as doctors and lawyers, starting their careers.

NBKC Bank Mortgage Review 2024

3.5

NerdWallet rating 
  • Mortgage rates are on the low side compared to other lenders, according to the latest federal data.
  • VA loans represent more than a quarter of purchase volume, a larger share than many lenders NerdWallet reviews.
  • Offers a strong variety of loan types for purchase and refinance, including fixed- and adjustable-rate loans and government options.

PNC Bank Mortgage Review 2024

5.0

NerdWallet rating 
  • Low-down-payment loan options include FHA, VA, USDA and PNC Community Loan.
  • Jumbo loans available with minimum down payments of 5%.
  • Customizable mortgage rates are posted online.

Truist Mortgage Review 2024

4.0

NerdWallet rating 
  • Offers mortgage options focused on affordability.
  • Convenient online application.
  • Offers a HELOC and construction loans.