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Written by
Andrew Dehan
Andrew Dehan writes about real estate and personal finance. His work has been published by Rocket Mortgage, Forbes Advisor and Business Insider. He’s also a poet, musician and nature-lover. He lives in metro Detroit with his wife and children.
Edited by
Suzanne De Vita
Suzanne De Vita is a senior editor on Bankrate’s Home Lending team, focusing on mortgage and real estate topics for homebuyers, homeowners, investors and renters.
Reviewed by
John Stearns
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money .
Bankrate logoFounded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next.
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Our mortgage reporters and editors focus on the points consumers care about most — the latest rates, the best lenders, navigating the homebuying process, refinancing your mortgage and more — so you can feel confident when you make decisions as a homebuyer and a homeowner.
Bankrate logoBankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
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Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
Bankrate logoYou have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
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Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.
You have many choices when shopping for a mortgage, from big banks to online lenders to local credit unions and more. We’ve researched and ranked the top lenders in terms of availability, affordability and borrower experience to help you choose. Here are our picks for best mortgage lenders in September 2024.
Learn more: How we rate mortgage lenders| Lender | Bankrate Score | Credit requirements | Down payment minimum |
|---|---|---|---|
| Bethpage Federal Credit Union | 4.9 | 620 for conventional loans, 500 for FHA loans | 3% for conventional loans, 3.5% for FHA loans |
| Veterans United Home Loans | 4.9 | 620 for conventional and VA loans | 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
| Cardinal Financial | 4.8 | 580 for conventional loans, 550 for FHA and VA loans, 580 for USDA loans | 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
| First Mortgage Direct | 4.8 | 620 for conventional loans, 580 for FHA and VA loans | 3% conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
| New American Funding | 4.8 | 620 for conventional loans | 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
| USAA | 4.8 | 620 for conventional loans, 640 for VA loans | 3% for conventional loans, none for VA loans |
| U.S. Bank | 4.8 | 620 for conventional loans, 740 for jumbo loans | 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
| Wells Fargo | 4.8 | 620 for conventional loans | 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans |
