Our experts answer readers’ home-buying questions and write unbiased product reviews (here’s how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Because there are so many options to choose from when it comes to online mortgage lenders, it can be hard to know which one is right for you.
Our favorite online mortgage lenders offer things like automated document retrieval, digital closings, and more.
The Best Online Mortgage Lenders of 2023
Guild Mortgage – Product Name Only: Best overall
Bank of America Mortgage – Product Name Only: Best for low-income borrowers
Better Mortgage – Product Name Only: Best for first-time homebuyers
Carrington Mortgage Services – Product Name Only: Best for low credit scores
Fairway Independent Mortgage Corporation – Product Name Only: Best for remote closings
Guaranteed Rate Mortgage – Product Name Only: Best for exploring rates
New American Funding – Product Name Only: Best for government-backed loans
Rocket Mortgage by Quicken Loans – Product Name Only: Best for refinancing
Chase Mortgage – Product Name Only: Best big bank
Citizens Bank Mortgages – Product Name Only: Best for live online chat
*Minimum credit scores are for conforming loans. If you qualify for another type of loan, you might be able to secure a loan with a lower score.
The Best Online Mortgage Lenders
Methodology: How We Chose the Best Online Mortgage Lenders for 2023
We considered lenders that let you do most of your application process online, and many of them help you track your payments and balance online. To choose the best online mortgage lenders, we evaluated the following factors:
Loan types. Did a lender offer several types of loans to suit customers’ needs, such as conventional loans, government-backed loans, and home equity loans?
Customer satisfaction. If the lender appeared in the J.D. …read more
Source:: Businessinsider
Leave a Reply