Top Mortgage Lenders: 2024 Reviews & Loan Options

Shopping for a new mortgage, mortgage refinance, home equity line of credit, or home equity loan can be tough — especially with so many mortgage companies and lenders to choose from. It can be a challenging process for both current and aspiring homeowners alike.

Whatever your homeownership goals, it’s good to have a list of a few great lenders to help you find the right loan product for your situation. That’s why we researched and created this list and included all the details on how they can help you reach your financial goals.

Here are the best mortgage lenders on the market:

• Best for first-time homebuyers: Rocket Mortgage
• Best for military members: Navy Federal Credit Union
• Best for HELOC or mortgage refinance: Figure
• Best for fast, easy service: Better Mortgage
• Best customer service: New American Funding
• Best for VA Loans: Veterans United
• Best for jumbo loans: PNC Bank

Keep reading to learn more about these top-rated mortgage lenders and the types of home loans they offer.

In this article

• The best mortgage lenders of October 2021
• How to pick the right mortgage lender for you
• Our methodology
• FAQs about mortgage lenders
• Bottom line

The best mortgage lenders of October 2021

Best for first-time homebuyers: Rocket Mortgage

Rocket Mortgage is an online mortgage tool from Quicken Loans, America’s largest mortgage lender. The company’s streamlined online service allows anyone to easily apply for a mortgage loan, get competitive loan estimates, and manage their account online — 24 hours a day, seven days a week. With a highly rated customer service team and more than 10 years of experience connecting homebuyers with mortgages, this company is a great one to work with for tech-savvy first-time homebuyers.

Rocket Mortgage offers a variety of loan products, including conventional loans, Federal Housing Administration loans, Veterans Affairs loans, and even jumbo loans. It recommends borrowers have at least 3% of the home’s purchase price ready for a down payment and have a minimum credit score of 580.

In addition to traditional mortgage products, the company also offers various refinancing packages. Because Rocket Mortgage is managed by Quicken Loans, an online lender, this lending experience is best for tech-savvy borrowers who are comfortable completing transactions remotely.

Visit Rocket Mortgage

... Or read our Rocket Mortgage review.

Best for military members : Navy Federal Credit Union

The Navy Federal Credit Union was founded in 1933 by seven Navy servicepeople who wanted to help themselves and their colleagues reach their financial goals. Today the focus of the Navy Federal Credit Union is much the same: to provide a secure banking and lending service exclusively for military members, veterans, Department of Defense employees, and their families.

The company offers a wide range of loan options including both adjustable-rate mortgages, fixed-rate mortgages, VA loans, and a Military Choice loan for active-duty military personnel who have exhausted their VA loan benefit.

Navy Federal is a credit union vs. a bank, which means the company is member-owned and not-for-profit. That also means you get to keep even more of your money as all surplus funds are returned to credit union members in the form of dividends.

Visit Navy Federal

... Or read our Navy Federal Credit Union review

Best for HELOC or mortgage refinance: Figure

If you’re looking to get a home equity line of credit (HELOC) or you want to refinance your mortgage, then you might want to consider this lender. Figure, a San-Francisco finance company run by blockchain technology, is one of the newest and fastest solutions for borrowers looking to access cash or renegotiate the terms of their existing mortgages. The company has already served more than 20,000 people and unlocked over $1 billion in equity for its members.