Truist jumps to the front of the pack for offering consistently low rates and fees, particularly compared to its large-bank peers. An impressive array of loan types helps the lender serve a wide range of financial needs and budgets, while its quick and easy application experience and faster-than-average time to close boost its convenience.

Rocket wins for the second year running due to its unique offerings with exceptional appeal for first-time home buyers, like a 1% down loan. Easily customizable rates, comprehensive customer support and a convenient online experience make the lender extra approachable for first timers.

Truist stands out for refinancing thanks to its competitive rates and reasonable fees — especially for a large national lender. It offers a range of refinance loans nationwide and makes it easy to compare your options with transparent online rates.

Wells Fargo is a market leader in cash-out refinancing. Its rate shopping tool makes cost comparisons easy, and its cash-out refinancing rates and fees are especially competitive among big banks.

LoanDepot captures a significant share of the FHA market with its competitively low combination of FHA rates and fees. Another plus: In addition to the standard FHA offerings, LoanDepot offers less common FHA loan types like energy-efficient mortgages.

Navy Federal is a repeat winner, with its specialization in military lending and commanding market share (second overall in the U.S.) making it a strong choice for VA loans. A wide range of customer service options can help borrowers connect no matter where they're stationed, and the online application and relatively quick average closing time boost the lender's overall convenience.

As a major national lender, Bank of America makes large loans accessible across the U.S. and to a range of financial situations. The bank rises above competitors for notably low rates and fees and its wide variety of loan types.

Truist is a leader in the HELOC market and offers one of the longest introductory rates we've seen: You'll get a low rate for the first nine months. Truist allows you to borrow against more of your home's equity than many other lenders, and HELOCs are available for second homes as well. For borrowers wary of a variable rate, a fixed-rate option is available.

Better scores consistently well across categories we know homeowners care about — it offers competitive rates and fees, a higher borrowing limit than some lenders and makes home equity loans broadly accessible.

Real Genius wowed us with an impressive rate tool, which breaks down how your credit score affects your mortgage rate. It's easy to understand what you'd pay, and how mending your credit could get you better loan terms. It may accept scores as low as 580 and considers borrowers with past bankruptcies or foreclosures.

With notably low rates and fees for this category, U.S. Bank delivers strong value and expands access to manufactured home loans across a range of financial situations.

Truist's competitive rates and fees elevated this lender above its peers. Truist also stood out for lending across the U.S. and to a wide range of financial profiles, even for investment and vacation properties.