Before Americans purchase a home, access equity, or refinance a mortgage, it's wise to explore various mortgage lenders that suit your needs. Given the significance of this financial choice, it's beneficial to gather at least three different offers to compare.

Look at mortgage rates along with other important factors like fees, loan terms, closing times, the option for online applications and loan tracking, and the quality of customer service. Investing time in making a well-informed choice can lead to substantial savings throughout the duration of your loan. To assist you in selecting the right mortgage lender, the editorial team at Finance Monthly has curated a list of top lenders across different categories to help you find the perfect home loan for your situation.

Check out more of our recommendations for the best mortgage lenders.

Best Mortgage Lenders of December 2024

Lender	Finance Monthly Rating	Best For	Minimum Credit Score	Minimum Down Payment
NBKC	4.8 / 5	FHA and VA loans	620	3.5%
Rocket Mortgage, LLC	4.6 / 5	Refinancing	620	1%
Rate	5.0 / 5	First-time home buyers, jumbo loans, HELOCs	620	3%
Alliant	5.0 / 5	Jumbo loans and cash-out refinancing	620	5%
Andrews Federal Credit Union	5.0 / 5	First-time home buyers	620	3%
PNC	4.9 / 5	First-time buyers, FHA, jumbo loans, refinancing	620	3%
PenFed	5.0 / 5	VA loans and refinancing	620	0%
Pennymac	5.0 / 5	FHA loans, home equity loans, refinancing	580	3.5%
Flagstar	5.0 / 5	Overall home loans	N/A	5%
Navy Federal	4.9 / 5	VA loans, equity loans, refinancing	N/A	0%
Truist	4.0 / 5	HELOCs	620	3%
Network Capital	4.5 / 5	Home equity loans	620	3%

Note: Availability and terms of loans may vary based on lender policies.