Overview of Mortgage Lenders in the United States
One of the most complicated decisions homebuyers make concerning their home mortgage is which lender to choose. See below to learn about the different mortgage lenders, their loan offerings, which states they operate in, and everything else you may need to pick the best mortgage company.
Mortgage Lender | Loan Volume | Types of Loans Offered | Online Application | National Coverage | Minimum Credit Score | More Information |
Read Review | $140 billion |
| No | Originates loans in all 50 states | 620 | Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $82 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $74 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $74 billion |
| Yes | Originates loans in all 50 states | 580 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 580 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 580Show More Details | ||||||
Read Review | $56 billion |
| Yes | Originates loans in all 50 states | 600 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 600 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 600Show More Details | ||||||
Read Review | $29 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $27 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $21 billion |
| No | Originates loans in 49 states | 620 | Online Application NoNational Coverage Originates loans in 49 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in 49 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $21 billion |
| No | Originates loans in all 50 states | 620 | Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $18 billion |
| No | Originates loans in all 50 states | 580 | Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 580 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in all 50 statesMinimum Credit Score 580Show More Details | ||||||
Read Review | $17 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $13 billion |
| Yes | Originates loans in 46 states | 620 | Online Application YesNational Coverage Originates loans in 46 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 46 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $12 billion |
| Yes | Originates loans in 48 states | 620 | Online Application YesNational Coverage Originates loans in 48 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 48 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $9 billion |
| No | Originates loans in 5 states | 620 | Online Application NoNational Coverage Originates loans in 5 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in 5 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $9 billion |
| Yes | Originates loans in all 50 states | 620 | Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in all 50 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $8 billion |
| Yes | Originates loans in 49 states | 620 | Online Application YesNational Coverage Originates loans in 49 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 49 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $3 billion |
| Yes | Originates loans in 49 states | 620 | Online Application YesNational Coverage Originates loans in 49 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 49 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $3 billion |
| Yes | Originates loans in 10 states | 620 | Online Application YesNational Coverage Originates loans in 10 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 10 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $3 billion |
| No | Originates loans in 45 states | 620 | Online Application NoNational Coverage Originates loans in 45 statesMinimum Credit Score 620 |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in 45 statesMinimum Credit Score 620Show More Details | ||||||
Read Review | $20 Billion |
| Yes | Originates loans in 35 states and DC | 620 | Online Application YesNational Coverage Originates loans in 35 states and DCMinimum Credit Score 620 |
Types of Loans Offered
Online Application YesNational Coverage Originates loans in 35 states and DCMinimum Credit Score 620Show More Details | ||||||
Read Review |
| No | Originates loans in 49 states (no coverage in Hawaii) | 620 | Online Application NoNational Coverage Originates loans in 49 states (no coverage in Hawaii)Minimum Credit Score 620 | |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in 49 states (no coverage in Hawaii)Minimum Credit Score 620Show More Details | ||||||
Read Review |
| No | Originates loans in 12 states | 620 | Online Application NoNational Coverage Originates loans in 12 statesMinimum Credit Score 620 | |
Types of Loans Offered
Online Application NoNational Coverage Originates loans in 12 statesMinimum Credit Score 620Show More Details | ||||||
Read Review |
| No | Originates loans all 50 states | 620 | Online Application NoNational Coverage Originates loans all 50 statesMinimum Credit Score 620 | |
Types of Loans Offered
Online Application NoNational Coverage Originates loans all 50 statesMinimum Credit Score 620Show More Details |
* Standard loan types include 15-year fixed, 30-year fixed, 3/1 ARM, 5/1 ARM and 7/1 ARM loans.
Lender | APR | Payment |
More from SmartAsset
Rent vs. Buy: The Best Metropolitan Areas to Own a Home
SmartAsset’s interactive buy vs. rent map highlights the metropolitan areas where buying a home is better than renting based on the number of years you plan on staying in your home. The top 10 metro areas identified below are those places where buying becomes a better financial option than renting in the shortest amount of time.
Methodology Where is the country’s strongest buyer’s market? To answer that question, SmartAsset gathered data on average rents and home prices, then compared the financial impact of buying to renting in every metropolitan area in America. For the purpose of this study, we only considered metropolitan areas with a population greater than 600,000.
Specifically, we compared the total costs of buying and renting a typical home or rental in each metro area for a household earning $100,000 a year. For the buy scenario, we made the following assumptions: a mortgage rate of 4.5%, closing costs of $2,000 and a down payment of 20%. For each metro area, we found the breakeven point in the buy vs. rent decision. That is the point at which the total costs of renting become greater than the total costs of buying.
The metropolitan areas with the shortest time to break even are the best metro areas in the country to buy.
Sources: US Department of Housing and Urban Development, US Census Bureau 2017 American Community Survey, SmartAsset *For this study we looked at all U.S. metropolitan areas that have a population greater than 600,000 with available data.