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4 popular home mortgage lenders

Buying a house is a big step in everybody’s life. While some people may be able to afford a full funding, it is advisable to get a mortgage for better financial planning. There are various trusted lenders in the market who provide loans for you to realize your dream of owning a house. Following are the top options for home mortgage loans that offer the best mortgage rates to help streamline your funding for the house.

4 popular home mortgage lenders

Quicken Loans
Recently rated as the country’s largest mortgage lender, Quicken Loans provide and approve loans at fast speeds. It facilitates the following loan options:

  • YOURgage (which lets you customize the tenure of the loan)
  • Adjustable mortgage rate
  • Federal Housing Association (FHA) loan
  • 15- and 30-year fixed mortgage rates
  • Jumbo loans
  • Reverse mortgage facilities

Quicken Loans has topped the list of home mortgage loans’ provider and has one of the most convenient processes in the market.

SoFi
One of the quickest portals to provide you with suitable rates depending upon your credit score and required financing needs, SoFi is known to offer around 90% financing with around 10% down payment. Apart from the affordable down payment, there is no origin fee. If you are a SoFi member, you will be eligible for a 0.125% rate discount, if you wish to get an additional loan. The options provided by them are as follows:

  • 15- and 30-year fixed mortgage rates
  • 7/1 adjustable rate mortgage (ARM)
  • 5/12, 3 ARM interest-only

    Wells Fargo
    Wells Fargo has established itself as one of the most trusted lenders for home mortgage loans in the country. You may consider any of the following choices to get a loan which is most suitable for your needs:

  • Fixed rate mortgage
  • Adjustable rate mortgage
  • FHA Mortgage
  • Veterans Affair (VA) mortgage
  • Jumbo loan options

They also have options for certain specific needs such as new construction loans and home improvement loans depending upon the purpose for which you need financing.

U.S. Bank
U.S. Bank is one of the oldest lenders for home mortgages and provides the best rates for people with a good credit score. There are various mortgage options that you can compare before finalizing on the choice that is most convenient for you. The available options are as follows:

  • Fixed rate loans (30-year, 15-year)
  • FHA loans
  • VA loans
  • Jumbo loans
  • Adjustable rate loans (10-year, 5-year)
  • Investment property loans
  • New construction loans

All the financiers mentioned above are popular providers for home mortgage loans and with the right consultation from the concerned agents, you will definitely get a good deal.

Disclaimer:
The information available on this website is a compilation of research, available data, expert advice, and statistics. However, the information in the articles may vary depending on what specific individuals or financial institutions will have to offer. The information on the website may not remain relevant due to changing financial scenarios; and so, we would like to inform readers that we are not accountable for varying opinions or inaccuracies. The ideas and suggestions covered on the website are solely those of the website teams, and it is recommended that advice from a financial professional be considered before making any decisions.