Compare Mortgage Lenders
Compare Mortgage Lenders From Our Partners
Lender | NerdWallet rating | Min. credit score | Min. down payment | Learn more |
|---|---|---|---|---|
 Better: NMLS#330511 Learn more at Better | 620 | 3% | Learn more at Better | |
 AmeriSave: NMLS#1168 Learn more at AmeriSave | 620 | 3% | Learn more at AmeriSave |
at Better
at Better
620
3%
Good for: tech-savvy borrowers who prefer an online experience.
Good for: tech-savvy borrowers who prefer an online experience.
Pros
Offers a program allowing qualifying buyers to make cash offers.
Makes it easy to see customized mortgage rates.
Average interest rates are on the low end compared to other lenders, according to the latest federal data.
Cons
Doesn’t offer USDA loans.
VA loans are not available in every state.
Doesn't offer home equity loans.
at AmeriSave
at AmeriSave
620
3%
Good for: digital convenience, and a variety of loan types and products.
Good for: digital convenience, and a variety of loan types and products.
Pros
Good variety of loan types and products.
Mobile-friendly application process.
Offers low rates compared with other lenders, according to the latest federal data.
Cons
Doesn’t originate mortgages in the state of New York.
Average origination fees are on the high side, according to the latest federal data.
Doesn’t offer home equity loans.
3.09%: This week's 30-year-fixed-rate
2.35%: This week's 15-year-fixed-rate
Historical averages are based on Freddie Mac Primary Mortgage Market Survey®
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.
