Top 5 Best Mortgage Lenders 2026
The process of financing a house can be a difficult one, but the right mortgage lender will make it easier. You can compare mortgage lenders to get a preapproval and move closer to your dream home.
| Conventional Minimum Credit Score | 620 |
| Min Down Payment | 3% |
| Mortgage Rates | Average industry salary is higher than average |
| States of Operation | 51 |
Why We Selected This
- New American Funding has a wide range of loans available, some with no or low down payment. Many loans are also backed by a 14-day guarantee.
Pros
- There are many mortgage options available, including loans with low or no down payment.
- The government has developed special economic programs for underserved areas.
- You can choose from fixed or adjustable rate mortgages.
You can also find out more about Cons
- Fees are not disclosed unless applying for a home loan.
Different Loan Types Available
-
Refinancing ARM, Jumbo, FHA, VA USDA, Jumbo, HELOC, Home Equity
Rate Lock Period
-
30 Days
Offers On-time Closing Guarantee
-
Yes,
Rocket mortgage
| Conventional Minimum Credit Score | 620 |
| Min Down Payment | 1% |
| Mortgage Rates | Average industry salary is higher than average |
| States of Operation | 50 |
Why We Selected This
- Rocket Mortgage is known for its simple online application process. Rocket offers a wide range of loan programs, including specials, as well as customizable terms.
Pros
- Lenders offer a range of loan options with customizable terms.
- The digital application process is user-friendly.
- It has an excellent reputation for providing good customer service.
You can also find out more about Cons
- There is no in-person customer service.
- No home equity line of credit is offered.
- The lender currently does not offer USDA loans.
Different Loan Types Available
-
Conventional, FHA VA Jumbo ARM Refinance Home Equity Manufactured
Rate Lock Period
-
90-days-old
Offers On-time Closing Guarantee
-
Yes,
Bison State Bank
| Conventional Minimum Credit Score | 620 |
| Min Down Payment | 3% |
| Mortgage Rates | Lowest in the Industry Average |
| States of Operation | 50 |
Why We Selected This
- Bison State is a local bank that provides personalized service with competitive rates on a wide range of home loans.
Pros
- Online, the bank offers rates and customized quotes.
- There are many mortgage options available, including conventional, VA FHA and USDA loans.
You can also find out more about Cons
- Online, the requirements for qualification are not disclosed.
- Home equity loans are not available.
Different Loan Types Available
-
Conventional, FHA, VA, USDA, Jumbo, ARM, Refinancing
Rate Lock Period
-
30 Days
Offers On-time Closing Guarantee
-
Yes,
Watermark Home Loans
| Conventional Minimum Credit Score | 620 |
| Min Down Payment | 0% |
| Mortgage Rates | Lowest in the Industry Average |
| States of Operation | 45 |
Why We Selected This
- Watermark Capital Inc., an online mortgage lender, offers a variety of products and a fully online loan process. This includes e-closing, remote notary, and other services that may appeal to those who are looking for an exclusive online mortgage experience.
Pros
- The digital loan application process is available.
- Non-QM mortgages are available to provide flexibility for borrowers that do not meet the traditional lending criteria.
- Purchase and refinance VA, USDA and FHA loans are available.
You can also find out more about Cons
- To see mortgage rates, you must provide personal information.
- Many loan products do not specify the minimum credit score.
- Home equity lines of credit and loans are not offered.
Different Loan Types Available
-
Jumbo, ARM Refinancing Manufactured Home, HELOC, FHA, VA
Farmers Bank of Kansas City
| Conventional Minimum Credit Score | 620 |
| Min Down Payment | 3% |
| Mortgage Rates | Lowest in the Industry Average |
| States of Operation | 49 |
Why We Selected This
- Farmers Bank of Kansas City, a well-respected lender in most states, offers competitive home loan rates. You can even complete the loan process online.
Pros
- This lender offers competitive rates for conventional mortgages.
- During the mortgage process, you will receive reliable communication including texting.
You can also find out more about Cons
- Farmers Bank of Kansas City only has a few branch locations.
- No automatic discount is available.
- The site does not disclose the loan qualification requirements.
Different Loan Types Available
-
Conventional, VA, Jumbo, ARM, Refinancing, Home Equity, HELOC, USDA
Rate Lock Period
-
30 Days
Offers On-time Closing Guarantee
-
Yes,
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