Best Mortgage Lenders

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best overall lender

Quicken Loans is one of the nation’s largest lenders. Their strong customer service and 100% online approval process makes getting a quote fast & easy

best For home renovation loans

loanDepot has options for both an online and in-person application process. They are a great choice for various home renovation loans

best reverse mortgage

If you are 63 or older and need additional income, then a Reverse Mortgage could be the right choice for you. AAG is our #1 Pick for these types of mortgage loans

best comparison tool

It is always important to compare multiple lenders when looking to buy a home or when looking to refinance. LowerMyBills can compare multiple lenders in minutes

Getting a Mortgage Loan can seem daunting to comprehend. Even if you own a home already, knowing when and how to properly refinance your home can be even more challenging. However, if the proper research is done ahead of time, then getting a loan to buy your new home can be easier than you think….

Always research different mortgage types in order to find the best option for you and your family. We have broken down the most popular types of mortgage loans in 2020 and matched each scenario with the best-in-class lender to meet their needs. Lets take a look at this years best mortgage lenders for those of us looking to refinance, buy a home, retire and make money from existing equity, make home improvements/renovations and more..,  

BEST OVERALL MORTGAGE LENDER

QUICKEN LOANS

Whether you are buying your first home, or refinancing an existing home, Quicken Loans offers the fastest and easiest way to recieve competitive financing options. Learn how Quicken Loans can help reduce your monthly mortgage payments. 

Finding the right lender…

  • Make sure to compare quotes from at least 3 different lenders in order to get the best rates 
  • Research if you qualify for special mortgage programs like a Reverse Mortgage, VA Loans, FHA Loans and Government Supported Programs
  • Make sure that your financial affairs are in order (confirm credit score, minimize your existing debt, etc.)

BEST HOME RENOVATION LENDER

LOANDEPOT

If you are looking for a great loan partner for financing those much needed updates and renovations to your home then loanDepot is your best option. Learn how loanDepot can help reduce your monthly mortgage payments or finance home renovations.

Reasons to Refinance:

Historic low rates

Average rates for both refinancing and for first time home buyers are at the lowest rates ever so take advantage of this opportunity to save money on your monthly mortgage payments

You bought a home before 2010

Housing prices were at their highest between 2005 and 2008 but then fell dramatically by 2010. With interest rates lower than ever right now, if you bought your home before 2010 there is a very good chance that you can save hundreds of dollars each month on your payments

BEST REVERSE MORTGAGE

AAG

If you are retired or over the age of 63 then a Reverse Mortgage could be a great way to generate residual income. AAG is one of the largest and longest standing Reverse Mortgage Lenders in the Nation. Learn more about how to qualify for a Reverse Mortgage with AAG.

BEST MORTGAGE COMPARISON TOOL

LOWERMYBILLS

If you are retired or over the age of 63 then a Reverse Mortgage could be a great way to generate residual income. AAG is one of the largest and longest standing Reverse Mortgage Lenders in the Nation. Learn more about which mortgage lenders could be right for you with LowerMyBills.com.

Steps to Refinancing:

  • Check your Credit Score & History
  • Know how much home equity you have
  • Shop Multiple Lenders 
  • Prepare for the appraisal
  • Get Ready for closing and make sure to keep tabs on your loan

In order to get more specific details on how to begin refinancing your home, read our full Guide to Refinancing Here.

New American Funding

  • Minimum Credit Score of 700
  • Minimum Down Payment of 3%

Veteran's United

  • 680 Minimum Credit Score of 
  • Minimum Down Payment of 0%
  • Veteran Discounts

Better.com

  • Minimum Credit Score of 620
  • Minimum Down Payment of 3%

SoFi

  • Minimum Credit Score of 660
  • Minimum Down Payment of 10%

NBKC Bank

  • Minimum Credit Score of 620
  • Minimum Down Payment of 3%