With so many mortgage providers to choose from, choosing the best mortgage lender can often feel stressful and overwhelming. Fortunately, we’ve ranked the 10 top mortgage lenders in 2025 to help you sort through the noise.
When researching mortgage lenders, buyers often focus on getting the lowest possible interest rate. However, rates are only one aspect you should consider when evaluating top lenders. In our ratings below, we’ve taken into account other costs with mortgage lenders, such as origination fees, as well as important factors like customer service and product availability.
Take a look at our top 10 mortgage lenders below so you can more easily find the home loan provider that best fits your needs.
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How we ranked the top mortgage lenders
When applying for a mortgage, it’s often difficult to understand what differentiates one mortgage provider from the next. We based our rankings of the best mortgage providers on a range of factors that matter most to homebuyers so you can more easily find the top performers. Our criteria focused on the following, in order from most to least important:
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- Customer satisfaction: This criteria was the most important factor in our rankings. We based it on online reviews and scores from sources such as Trustpilot and the Better Business Bureau. We also factored in customer satisfaction surveys, such as J.D. Power’s 2025 Mortgage Servicer Satisfaction Study.
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- Rates and costs: While interest rates are important, we also take into account your total borrowing costs, including origination fees and how often a lender offers discounts.
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- Market share and loan volume: While market share and loan origination volume aren’t guarantees of service quality, they are important factors. Higher loan volume can give mortgage lenders competitive pricing power and make them more widely available. We used the latest report from U.S. News to establish loan volume.
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- Industry experience: Lenders that have more experience in the industry have weathered economic storms and proven resilient, often making them more secure institutions to borrow from.
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- Efficiency: Factors like closing times and application-to-close timelines indicate that a lender is efficient, which can improve overall borrower satisfaction rates.
This balanced approach focuses on the complete mortgage loan process rather than just which company offers the lowest rates. By taking this broader view, we’re better able to identify top rated mortgage lenders that excel in multiple ways.
Top 9 mortgage lenders of 2025
1. Rocket Mortgage (NMLS#: 3030)
Best for: Tech-savvy borrowers and online applications
With over 361,000 loans in 2024, Rocket Mortgage (formerly Quicken Loans) is the second largest mortgage lender in the country.[1]
It stands out for its competitive interest rates, digital-first approach, and fast closing times. It also has excellent ratings on Trustpilot and earned top marks with J.D. Power.[2]
However, Rocket Mortgage has some drawbacks. While its digital-first approach is appealing to many customers, the lack of physical branches is a downside for some. Also, it doesn’t offer the same range of products as some of the competition, with no USDA or construction loans.
What customers say: “Rocket was absolutely AMAZING start to finish. Their communication was outstanding. We were able to get approved within an hour, at a great rate. We closed fast which was great.” — Suzanne A., Trustpilot
2. Navy Federal Credit Union (NMLS#: 399807)
Best for: VA loans and military members
The Navy Federal Credit Union is by far the largest credit union in the country and receives excellent reviews from customers.[3] It excels at offering VA loans and other similar products, with highly competitive rates and low downpayment requirements.
While it primarily serves veterans and active duty service members, people with connections to the military, such as contractors and military families, also qualify. However, Navy Federal Credit Union doesn’t offer USDA or FHA loans.
What customers say: “My husband and I opened accounts with them early this year, as we wanted to buy a home in another state, and we wanted to use his VA loan benefits. They really went above and beyond to initiate the process, and walked us through all of the preliminary paperwork, then the VA took over. It was a great process, and in no time, we were closing on a home across the country.” — Julie H., Trustpilot
3. LoanDepot (NMLS#: 174457)
Best for: Fast closing and refinancing
Founded in 2010, LoanDepot is a relatively young company, but in that time it has become one of the largest mortgage lenders, with over 79,000 home loans.[4] It offers no lender fees for refinancing if you’re an existing borrower and has a $1,000 on-time closing guarantee.
However, it doesn’t publish its fees and rates online, which can make the company feel less than transparent. Plus, it has a 5% minimum down payment requirement for conforming loans, which is slightly higher than the competition.
What customers say: “The agent and associates were friendly yet professional. All questions were addressed promptly and the loan process couldn't have been easier to complete.” — Ellen D., BBB
4. Veterans United (NMLS#: 1907)
Best for: Excellent customer service and VA loans
Veterans United is the nation’s largest provider of VA loans, although it also offers conventional and other government-backed loans. While it only has physical branches in 18 states, its online platform makes it a great choice for military members nationwide.
Where Veterans United stands above the competition is with its customer service. Online reviews routinely praise the lender for providing compassionate and helpful advice, along with useful credit counseling programs.
What customers say: “The team as a whole unit were top tier professionals. Every aspect of the home buying experience I was cared for like I was the only thing of importance that existed. When I need a loan increase I figured it take days, it didn’t only five minutes and I had the loan amount increased by sixty thousand.” — Christopher, Trustpilot
5. Guild Mortgage (NMLS#: 3274)
Best for: First-time home buyers
Guild Mortgage offers a variety of loan options, including FHA loans, and can connect borrowers with over 500 down payment assistance programs, making it ideal for first-time and low-income buyers. The lender’s 1% Down Payment Advantage Program allows eligible borrowers to put just 1% down with the lender putting down 2%, up to $5,000.
However, customer reviews are mixed. While it received the second highest score in J.D. Power’s 2025 Mortgage Servicer Satisfaction Survey[2], some online reviews complain of lackluster service. It also doesn’t offer home equity loans and it’s not available in New York or New Jersey.
6. Newrez (NMLS#: 3013)
Best for: Specialty and investment loans
Newrez stands out for offering a wide variety of loan types. Not only can you get conventional loans and government-backed mortgages, such as FHA and VA loans, you can also access financing for investment properties.
However, reviews are mixed. While many find the online experience user-friendly, others complain of glitches. But overall customers say the digital-first approach is easy and problem-free.
What customers say: “The website is excellent; all the necessary details the customer requires, easy to navigate, customer friendly on every level.” — Florence, Trustpilot
7. PNC Bank (NMLS#: 446303)
Best for: USDA loans and low rates
PNC Bank offers a wide range of loan options, including USDA loans, which offer 0% down payments and low rates. PNC Bank’s interest rates are generally lower than the competition and it provides grants of up to $7,000 for borrowers buying in a low- or medium-income area.
However, PNC Bank falls short on customer service with reviewers complaining of payment issues, poor customer service, and a difficult-to-navigate online platform. The company also operates in only 28 states, so it may not be available where you live.
8. Bank of America (NMLS#: 399802)
Best for: Lower closing costs
As one of the country’s largest banks and with branches located nationwide, Bank of America is easily accessible. It has a wide range of down payment and closing cost assistance programs, especially for existing Bank of America clients who are members of the Preferred Rewards program.
However, Bank of America’s mortgage qualification requirements are on the high end. To get the best rates you’ll need at least a credit score of 740. And its customer satisfaction levels sometimes fall short, with online reviews complaining of slow service.
What customers say: “BOA's online banking technology is the best! Their phone prompts may be difficult and the lines at the branches are usually long but the internet banking makes up for it!” — Tejas M., Trustpilot
9. Better Mortgage (NMLS#: 330511)
Best for: Streamlined closing process
Better Mortgage stands out for its competitive offers and streamlined application and closing process. With its One-Day Mortgage, you can receive a loan commitment letter within 24 hours and lock in your desired mortgage rate. The company also claims that it closes on mortgages 17 days faster than the industry average.
Where Better falls a bit short is that its streamlined experience comes at the expense of customizability. While this isn’t an issue for many customers, the lack of flexibility may not work for borrowers who require a more tailored product.
What customers say: “Excellent fast and reliable mortgage. Love the fast processing and decision. Highly recommend!” — Ruben J., Trustpilot
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