Showing: Purchase, Good (720-739), 30-year fixed, Single family home, Primary residence.
Tomo: NMLS#2059741
4.0
Lowest APR
Lowest monthly payment
Great for Mortgage rate transparencyConventional 30-year fixed
APR
5.531%
Interest rate
5.375%
Mo. payment
$3,360
Insurance $0Total fees
$10,260
EXPLORE QUOTEon Tomo
on Tomo
About this lender
Pros
- Special program offers a pricing break for first first-time home buyers.
- Offers financing options for self-employed borrowers and those without Social Security numbers.
- Interactive mortgage rates tool takes credit score and location into account.
Cons
- Purchase loans are not available in all states.
- Doesn’t offer home equity loans or lines of credit.
- No refinancing options are available.
Tomo: NMLS#20597414.0
Lowest APR
Lowest monthly payment
Great for Mortgage rate transparencyConventional 30-year fixed
APR
5.531%
Interest rate
5.375%
Mo. payment
$3,360
Insurance $0Total fees
$10,260
EXPLORE QUOTEon Tomo
on Tomo
About this lender
Pros
- Special program offers a pricing break for first first-time home buyers.
- Offers financing options for self-employed borrowers and those without Social Security numbers.
- Interactive mortgage rates tool takes credit score and location into account.
Cons
- Purchase loans are not available in all states.
- Doesn’t offer home equity loans or lines of credit.
- No refinancing options are available.
Better: NMLS#330511
Great for digital convenienceConventional 30-year fixed
APR
5.55%
Interest rate
5.375%
Mo. payment
$3,360
Insurance $0Total fees
$11,520
About this lender
Pros
- Offers a one-day mortgage that lets eligible borrowers apply, lock in a rate and get a loan commitment within 24 hours.
- Average interest rates are on the low end compared to other lenders, according to the latest federal data.
- Offers a HELOC that can be used for a primary, second or investment home.
Cons
- Doesn't offer harder-to-find loans, such as construction loans, renovation loans, or USDA mortgages.
- Finding descriptions of all of the loan offerings on the website requires some digging, and the lender does not have a mobile app.
- Average lender fees are on the high end compared with other lenders, according to the latest federal data.
Great for digital convenienceConventional 30-year fixed
APR
5.55%
Interest rate
5.375%
Mo. payment
$3,360
Insurance $0Total fees
$11,520
About this lender
Pros
- Offers a one-day mortgage that lets eligible borrowers apply, lock in a rate and get a loan commitment within 24 hours.
- Average interest rates are on the low end compared to other lenders, according to the latest federal data.
- Offers a HELOC that can be used for a primary, second or investment home.
Cons
- Doesn't offer harder-to-find loans, such as construction loans, renovation loans, or USDA mortgages.
- Finding descriptions of all of the loan offerings on the website requires some digging, and the lender does not have a mobile app.
- Average lender fees are on the high end compared with other lenders, according to the latest federal data.
Northpointe: NMLS#447490
Conventional 30-year fixed
APR
5.75%
Interest rate
5.75%
Mo. payment
$3,502
Insurance $0Total fees
-$315
About this lender
Pros
- Offers government-backed FHA and VA loans, including refinancing options, and USDA loans.
- Jumbo loans available for vacation homes and investment properties.
- Offers programs for borrowers with credit challenges, self-employed borrowers and professionals early in their careers who may still carry significant debt.
Cons
- Mortgage rates are not published online.
- Origination fees are on the high side, according to the latest federal data.
- Doesn’t offer home equity loans or lines of credit.
Conventional 30-year fixed
APR
5.75%
Interest rate
5.75%
Mo. payment
$3,502
Insurance $0Total fees
-$315
About this lender
Pros
- Offers government-backed FHA and VA loans, including refinancing options, and USDA loans.
- Jumbo loans available for vacation homes and investment properties.
- Offers programs for borrowers with credit challenges, self-employed borrowers and professionals early in their careers who may still carry significant debt.
Cons
- Mortgage rates are not published online.
- Origination fees are on the high side, according to the latest federal data.
- Doesn’t offer home equity loans or lines of credit.
Central Bank: NMLS#407985
4.0
Conventional 30-year fixed
APR
6.124%
Interest rate
6.124%
Mo. payment
$3,646
Insurance $0Total fees
$0
About this lender
Pros
- Among the best when it comes to online convenience.
- Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
- Claims to offer preapproval within 24 hours of loan application.
Cons
- You'll have to complete a loan application to see mortgage interest rates.
- Bank branch locations limited to the Midwest.
- Does not offer home equity lines of credit.
Central Bank: NMLS#4079854.0
Conventional 30-year fixed
APR
6.124%
Interest rate
6.124%
Mo. payment
$3,646
Insurance $0Total fees
$0
About this lender
Pros
- Among the best when it comes to online convenience.
- Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
- Claims to offer preapproval within 24 hours of loan application.
Cons
- You'll have to complete a loan application to see mortgage interest rates.
- Bank branch locations limited to the Midwest.
- Does not offer home equity lines of credit.
First Federal Bank: NMLS#408902
Conventional 30-year fixed
APR
6.125%
Interest rate
6.125%
Mo. payment
$3,646
Insurance $0Total fees
$0
EXPLORE QUOTEon First Federal Bank
on First Federal Bank
About this lender
Pros
- Offers government-backed loans and some harder-to-find products, such as jumbo loans for investment and multifamily properties.
- Home renovation loans are available.
- Offers home equity loans and lines of credit.
Cons
- Mortgage rates are not published online.
- Bank branches are limited to eight states.
- Consumers might have trouble finding contact information.
Conventional 30-year fixed
APR
6.125%
Interest rate
6.125%
Mo. payment
$3,646
Insurance $0Total fees
$0
EXPLORE QUOTEon First Federal Bank
on First Federal Bank
About this lender
Pros
- Offers government-backed loans and some harder-to-find products, such as jumbo loans for investment and multifamily properties.
- Home renovation loans are available.
- Offers home equity loans and lines of credit.
Cons
- Mortgage rates are not published online.
- Bank branches are limited to eight states.
- Consumers might have trouble finding contact information.
New American Funding: NMLS#6606
Great for first-time home buyers | customer serviceConventional 30-year fixed
APR
6.151%
Interest rate
6.125%
Mo. payment
$3,646
Insurance $0Total fees
$1,629
EXPLORE QUOTEon New American Funding
on New American Funding
About this lender
Pros
- Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
- Its home equity line of credit can be used for an owner-occupied or second home.
- Has a program to enable buyers to make cash offers.
- Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
- Mortgage origination fees tend to be on the high end.
- Personalized mortgage rates are not available on the website without providing contact information.
Great for first-time home buyers | customer serviceConventional 30-year fixed
APR
6.151%
Interest rate
6.125%
Mo. payment
$3,646
Insurance $0Total fees
$1,629
EXPLORE QUOTEon New American Funding
on New American Funding
About this lender
Pros
- Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
- Its home equity line of credit can be used for an owner-occupied or second home.
- Has a program to enable buyers to make cash offers.
- Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
- Mortgage origination fees tend to be on the high end.
- Personalized mortgage rates are not available on the website without providing contact information.
Simplist: NMLS#1764611
4.5
Conventional 30-year fixed
APR
6.375%
Interest rate
6.375%
Mo. payment
$3,744
Insurance $0Total fees
-$828
EXPLORE QUOTEon Simplist
on Simplist
About this lender
Pros
- Loan origination process can be completed online.
- Offers government-backed FHA and VA loans.
- Offers module that compares mortgage rates among other lenders.
Cons
- Offers loans in many states and Washington, D.C., but not nationwide.
- Does not offer home equity loans or lines of credit.
Simplist: NMLS#17646114.5
Conventional 30-year fixed
APR
6.375%
Interest rate
6.375%
Mo. payment
$3,744
Insurance $0Total fees
-$828
EXPLORE QUOTEon Simplist
on Simplist
About this lender
Pros
- Loan origination process can be completed online.
- Offers government-backed FHA and VA loans.
- Offers module that compares mortgage rates among other lenders.
Cons
- Offers loans in many states and Washington, D.C., but not nationwide.
- Does not offer home equity loans or lines of credit.
HSBC Bank: NMLS#399799
5.0
Conventional 30-year fixed
APR
6.522%
Interest rate
6.5%
Mo. payment
$3,793
Insurance $0Total fees
$1,379
EXPLORE QUOTEon HSBC Bank
on HSBC Bank
About this lender
Pros
- Offers an online application and loan process updates.
- Offers mortgages for investment properties.
- Makes it easy to browse current rates and get a customized mortgage rate quote.
Cons
- Does not offer FHA or VA government-backed loans.
- No renovation mortgage options.
HSBC Bank: NMLS#3997995.0
Conventional 30-year fixed
APR
6.522%
Interest rate
6.5%
Mo. payment
$3,793
Insurance $0Total fees
$1,379
EXPLORE QUOTEon HSBC Bank
on HSBC Bank
About this lender
Pros
- Offers an online application and loan process updates.
- Offers mortgages for investment properties.
- Makes it easy to browse current rates and get a customized mortgage rate quote.
Cons
- Does not offer FHA or VA government-backed loans.
- No renovation mortgage options.
Rocket Mortgage, LLC: NMLS#3030
Great for digital convenience | customer serviceConventional 30-year fixed
APR
7.011%
Interest rate
6.99%
Mo. payment
$3,988
Insurance $0Total fees
$1,250
EXPLORE QUOTEon Rocket Mortgage, LLC
on Rocket Mortgage, LLC
About this lender
Pros
- Streamlined online process with document and asset retrieval capabilities, as well as the ability to edit your preapproval letter.
- Offers the option to work with loan officers by phone if desired.
- Largest FHA lender in the nation.
Cons
- Getting a customized interest rate requires a credit check, which can affect your credit score.
- Origination fees are on the high side compared with other lenders, according to the latest federal data.
- Doesn't offer home equity lines of credit.
Great for digital convenience | customer serviceConventional 30-year fixed
APR
7.011%
Interest rate
6.99%
Mo. payment
$3,988
Insurance $0Total fees
$1,250
EXPLORE QUOTEon Rocket Mortgage, LLC
on Rocket Mortgage, LLC
About this lender
Pros
- Streamlined online process with document and asset retrieval capabilities, as well as the ability to edit your preapproval letter.
- Offers the option to work with loan officers by phone if desired.
- Largest FHA lender in the nation.
Cons
- Getting a customized interest rate requires a credit check, which can affect your credit score.
- Origination fees are on the high side compared with other lenders, according to the latest federal data.
- Doesn't offer home equity lines of credit.
