For many people, buying a home is the biggest investment they’ll ever make. With so much at stake, you don’t want to go into this with anything less than the best mortgage lender to back you up. Here are 10 of the best mortgage lenders out there today, each with unique offerings that set them apart from the pack and deliver peace of mind when it comes to your financing choices.
1 – Colorado Federal Savings Bank
Colorado Federal Savings Bank is dedicated to providing mortgage lending solutions that enable homeownership. By offering competitive interest rates, a flexible range of loan products and other loan services and tools, we make it easier for you to obtain a home loan. When working with Colorado Federal Savings Bank, you’ll enjoy an easy mortgage pre-qualification, pre-approval and application process combined with strong customer satisfaction.
2 – Bremer Bank
Bremer Bank is a community bank that has its roots planted firmly in northeast Ohio. The bank offers conventional, jumbo and VA loans as well as FHA and USDA mortgages. They offer excellent customer service, competitive rates and low closing costs that are some of the best in Ohio. Bremer Bank’s mortgage specialists are highly educated on all mortgage products.
3 – Homecomings Financial Services
Homecomings offers a range of mortgages, loans and refinance options, making it easy to find one that works for you. The company’s product offerings include refinancing and home equity loans as well as jumbo, conventional and FHA loans. Homecomings also features a streamlined application process; you can get pre-qualified with only basic information about your income and assets. Once you apply for a loan, Homecomings says it will contact you in three days with an approval or denial.
4 – First Merchants Bank
First Merchants offers a wide range of loan products that are suitable for all kinds of borrowers. It’s also rated as Superior by Bauer Financial, which means it has one of the best records in terms of safety and soundness. Loan options include fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans and jumbo loans. First Merchants offers pre-qualification online or by phone; once approved, you can apply for a mortgage loan online.
5 – Starling Bank
Starling Bank offers a fully mobile, app-based banking experience that makes it easy to take control of your finances. With no hidden fees and access to a team of experts, they’re standing out in a crowded marketplace. Customers report being highly satisfied with their product and service, making them our fifth pick for best mortgage lender.
6 – Lake Michigan Credit Union
Lake Michigan Credit Union (LMCU) has been in business since 1936 and their expertise extends across a range of financial services, including checking and savings accounts, car loans, home loans and personal loans. It’s no wonder why they’re consistently voted among Chicago’s best credit unions by local publications. Today, they offer membership to anyone who lives or works in Illinois.
7 – Sterling National Bank
Sterling National Bank is an FDIC-insured institution and a subsidiary of Sterling Bancorp, Inc. It offers checking accounts, savings accounts, and certificates of deposit with competitive interest rates. A checking account at Sterling allows customers to pay their bills online, withdraw cash from more than 25,000 ATMs across all 50 states and enroll in optional rewards programs like a free credit score or access to overdraft protection on one free debit card per month.
8 – EverBank
EverBank is one of America’s most respected and trusted financial institutions, offering loans, checking accounts, CDs and investment services to consumers nationwide. The digital experience matches that reputation with a slick interface and easy navigation throughout. Once you submit your information for pre-approval, you can easily compare quotes side by side or contact customer service via live chat to answer any questions you may have before applying online.
9 – River City Bank (RI)
River City Bank offers a range of loan products and personal finance services, including mortgage loans, checking accounts, credit cards and IRAs. The bank has a 4-star rating on Yelp and 5 stars on Facebook. It also boasts an A+ health rating from BauerFinancial. Reviewers say they love its competitive rates and customer service.
10 – Village Banking Company
Village Banking is a division of Central Pacific Bank, which has been serving homeowners for more than 140 years. This bank offers competitive rates and a full range of loan products that include fixed-rate mortgages and adjustable-rate mortgages. For those who are eligible, Village Banking also provides down payment assistance programs through NeighborWorks America or American Homeownership Foundation. Neighborhood loans are available to California residents in six counties: Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara and Ventura.