Compare Mortgage Lenders
Reach out to multiple lenders to see how much you could save. It pays to compare your options.
Compare Mortgage Lenders From Our Partners
New American Funding: NMLS#6606
National
580
- Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
- Its home equity line of credit can be used for a primary residence or second home.
- Average origination fees are on the high side, according to the latest federal data.
- Personalized mortgage rates are not available on the website without providing contact information.
Rocket Mortgage, LLC: NMLS#3030
National
620
- Offers down payment and closing cost assistance.
- Largest lender, by volume, of FHA loans in 2024.
- Borrowers can apply via mobile app.
- No HELOCs.
- No physical branches.
- Faces allegations of racial discrimination.
- 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 fixed-rate HELOC that can be funded in as few as five business days.
- Some affordable loan options have income limits or other restrictions.
- Details of less common loan types aren't available on the lender's website.
- HELOC requires immediate, full withdrawal of funds, though there is an option to make additional draws.
- Competitive interest rates and fees.
- Offers most common loan types, as well as a handful of specialty loans.
- Payouts are available to borrowers whose loans don’t close on time.
- Customer service is only accessible over the phone for many mortgage customers.
- Does not offer renovation loans.
- Home equity products are not currently a lending priority.
4.72%: This week's 30-year fixed-rate*
3.91%: This week's 15-year fixed-rate*
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Get quotes from multiple lenders
Apply to several lenders rather than just one to make sure you are getting the best deal, and that you are comparing all-in costs. Once you have multiple offers in your hand, you can compare loan terms such as fees, rates, time to close, the availability of online application and loan tracking, and customer service offerings.
In a 2015 report, the Consumer Financial Protection Bureau (CFPB) found that 77% of consumers apply to only one lender when seeking a mortgage. By shopping just three different lenders, borrowers could save more than $3,500 in just the first five years, according to the CFPB’s research, and, in one example, enjoy payments that are nearly $60 less per month.
RATING METHODOLOGY:
NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.
*Historical averages are based on Freddie Mac Primary Mortgage Market Survey® http://www.freddiemac.com/pmms
