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Compare Top FHA Lenders of October 2025FHA loans typically have lower down payment and more flexible credit score requirements, making them great for first-time buyers or those with fewer savings.
Applied Filters: Excellent (760+), Max loan amount: $100,000, State: California
BEST MORTGAGE LENDER FOR FIRST-TIME HOME BUYERS 2025
Rocket Mortgage, LLC
Rocket Mortgage, LLCNMLS#3030
4.5
NerdWallet rating
Min. credit score
580
Min. down payment
3.5%
Why we like it
Rocket Mortgage, the largest mortgage lender by volume, offers a seamless digital experience and fast closings.
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at Rocket Mortgage, LLC
New American Funding
New American FundingNMLS#6606
4.5
NerdWallet rating
Min. credit score
500
Min. down payment
3.5%
Why we like it
New American Funding offers a large menu of loan products, including FHA 203(k) loans, as well as programs like first-time home buyer assistance.
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at New American Funding
First Federal Bank
First Federal BankNMLS#408902
4.5
NerdWallet rating
Min. credit score
N/A
Min. down payment
3.5%
Why we like it
First Federal Bank Mortgage Lenders, an online-only lender, stands out for its focus on government loan lending and low average mortgage rates.
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at First Federal Bank
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