Best Mortgage Lenders of 2024

Not every mortgage is the same. While some prioritize fast preapproval, others offer rate discounts or reduced closing costs. Our extensive lender comparison aims to simplify mortgage shopping for both homebuyers and those considering refinancing in 2024.

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Chase

Chase offers mortgages in 48 states and Washington, D.C.; they’re not available in Hawaii or Alaska. However, some loan products might not be available in all states. Chase also has a closing guarantee that promises on-time closing for purchase mortgages in three weeks—after submitting all the required documents—or the lender will pay $5,000.

Chase offers fixed- and adjustable-rate conventional and jumbo mortgages, FHA loans, VA loans and low down payment loans.


Flagstar Bank

Flagstar Bank offers all the major mortgage options (conventional, jumbo, construction and government-backed loans). The lender also offers several discount programs, including discounts for borrowers whose employers have a relationship with Flagstar, incentives for returning customers and discounts for first responders, active military and veterans.

Flagstar Bank offers conventional and jumbo mortgages in fixed- and adjustable-rate structures, plus FHA, VA and USDA loans. It also offers construction, renovation and specialty loans, including loans for multiple properties and loans in high-cost areas. Home equity loans are available in limited areas. You can enter your ZIP code on the Flagstar website to find out if you qualify for a home equity loan.

 

 


Mr. Cooper

Mr. Cooper is among the largest nonbank mortgage lenders in the country. It operates in all 50 states, offering conventional, jumbo, FHA and VA loans. Mr. Cooper is an online lender with no brick-and-mortar locations.

Mr. Cooper offers both mortgages for buyers and refinancers. The lender offers fixed and adjustable-rate conventional and jumbo mortgages, FHA loans and VA loans. It doesn’t offer USDA loans, home equity loans or HELOCs.

 

 


PNC Bank

PNC Bank operates in all 50 states and provides a wide range of mortgage products, including specialty loans for low- and moderate-income borrowers.

PNC offers an innovative online experience called Home Insight, which provides a deep dive into the home-buying process, enabling customers to determine the mortgage payment they can afford and start shopping for homes with real-time rate quotes and loan products. It also allows customers who have applied for a loan to follow along with the approval process and upload supporting documents.

 

 


Better.com

Better is available everywhere in the U.S. except Hawaii, Nevada and New Hampshire. It also doesn’t charge commission or lender fees, including application, underwriting or origination fees. According to a Better spokesperson, its commission-free business model saves approximately 1% of the loan amount.

Better offers fixed- and adjustable-rate conventional and jumbo mortgages, and FHA loans. It doesn’t offer VA or USDA loans.


We hope you enjoy the Best Mortgage Lenders of 2024!