Top 5 USA Mortgage Lenders

Top 5 USA Mortgage Lenders 2021

When looking for the top mortgage lender in 2021, you must know that not all lenders are the same. Every lender needs to be evaluated based on the rate of interest, time for loan approval, and other key factors to seal the deal. Another thing that is taking the mortgage industry by storm is the AI mortgage technology that is said to have a bright future as it will make things faster and reduce human errors. 

Remember, the best lender will be the one that matches your requirement and the financial situation you are in. However, some common things that you will find in almost every good mortgage lender are low interest, transparency, prompt service, and speedy closure. 

Here is a list of all the top lenders you can choose after considering accessibility, loan types, competitive rate, minimum credit scores, and first-time buyer program.

Better Logo


It is the best option for mortgaging for several reasons. One of the key reasons that makes it a good choice is that it is a completely digital platform.  Also, here, pre-approval time is quick. Plus, it has installed a technology that immediately looks for a discount, if any. Also, Better does not charge any lender fees or commission.  They also have a bridge loan program to take advantage of home equity when buying a new home. Better offers adjustable-rate and jumbo mortgages, bridge loans, and FHA loans, but it doesn’t offer VA and USDA loans. Besides, it is available in most parts of the US. To get a loan from Better, one must have a credit score of 620.


Ally Logo


Another option to consider is Ally. Intuitive application form, fully guided online experience, jumbo mortgages, rates customized based on many factors. Transparency about rates is a key highlight of this mortgage lender. You get many incentives as a borrower here, plus every qualified borrower gets a preapproval letter lightning-fast, i.e., within three minutes. Here you can track your application online, and the closing cost stands at $500. Ally offers all types of loans like fixed-rate conventional loans, adjustable-rate mortgages, jumbo loans, refinancing (both adjustable and fixed). However, it does not offer VA and FHA loans.

Quicken Loans

Quicken Loans Logo

Quicken Loans

Quicken Loans is one of the most popular mortgage lenders and one of the largest loan originators. This is because it has a nationwide reach, competitive rates, and the application process is simple. The pre-approval process is fast, just 24 hours while full approval takes just 10 minutes. It offers all types of loans like the jumbo, fixed fixed-rate, FHA, adjustable, and refinance. However, it doesn’t offer home equity loans or HELOCs.

New American Funding

New American Funding Logo

New American Funding

It is a national mortgage provider that offers a variety of home loan options. The borrowers can access the online application methods for faster application and approval. However, you must know that the lending rates are a bit higher than the median of all the lenders. The advantage you get for choosing new American funding is manual checking to approve or deny applications. Many lenders disapproved of the application as soon as the computer algorithm hit. It offers all types of loans like the purchase, jumbo, refinance, VA, FHA, adjustable, home equity, and USDA. 

Veterans United

Veterans United Logo

Veterans United

Venetian United offers VA loans, but it also provides other mortgage products like fixed, refinance adjustable. It doesn’t offer home equity loans or HELOCs. To get a loan from this bank, one needs to have a credit score of 640.

If you are a veteran and are looking for a loan, then this is the best choice. It is a full-service mortgage lender that offers its loan services in all the 50 US states and the District of Columbia. The application process is pretty simple and can be viewed on the website, but the lending rates are higher than others. Free credit counseling is provided by this lender.


These are some of the best options for mortgage lenders. Choosing the right mortgage loan is very important, as in most cases, it is also the largest loan of one’s life, so make sure you make an informed decision.

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