Shopping for a new home is exciting, but shopping for a mortgage? Not so much. Unless you're paying cash, finding the best mortgage lender is as crucial as finding the perfect place to call home. You could save thousands in interest and fees over the loan term by doing your homework. Here’s how to go about choosing a mortgage lender so you can bring your homeownership dreams to life. Here are the best low- and no-down-payment mortgage lenders. Step 1: Understand lending guidelines Income Mortgage lende ...

Mortgages insured by the U.S. Department of Agriculture, also known as USDA loans, cater to prospective homeowners looking for a small-town lifestyle. It is the only government-backed loan that seeks to develop safe rural communities for families of modest means. Here are our top picks for USDA lenders in October 2025. The best USDA mortgage lenders of October 2025 Best USDA lender for low interest rates: Pennymac Why Pennymac mortgages stand out: Pennymac is the largest U.S. lender of USDA loans and ...

The Yahoo view: If you’re in one of the 11 states Fifth Third Bank serves, it's one of the top mortgage lenders to consider. It offers a wide range of loan options for both buyers and existing homeowners, as well as robust incentives, including discounted rates and three ways to tap into your home equity. Fifth Third Bank is a regional bank and lender based in Cincinnati, Ohio. The company serves borrowers in 11 states: Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South C ...

The Yahoo Finance View: U.S. Bank is a compelling choice for a wide range of home loan products. The bank has made a financial commitment to advance homeownership for underserved borrowers, earning a top spot on several Yahoo best-of lists, including one for the best mortgage lenders for low or no down payments. U.S. Bank is a leading mortgage lender with a lot of appealing products, including home equity loans and lines of credit. However, advertised mortgage rates are designed for well-qualified buyers ...

The Yahoo view: A good choice for borrowers, particularly on the East Coast, PNC Bank offers first-time home buyers grants, PMI-free loans, and medical professional loans. It's also earned a spot on Yahoo Finance's list of the best FHA mortgage lenders. PNC Bank has some in-depth tools for first-time home buyers, a competitive home equity line of credit — and some unique transparency with its mortgage rates. Two areas that could be improved: an easier guide to several specialty loan programs and a better ...

The Yahoo Finance View: Navy Federal is an excellent mortgage lender to consider, especially if you are seeking interest rate protection on a VA-backed mortgage and are an active or former military member. It is one of the top VA loan lenders available. Navy Federal Credit Union is an impressive provider of VA-backed mortgages. Loaded with resources for the first-time home buyer (which many of its customers undoubtedly are) and providing top-notch tools, calculators, and loan products, NFCU is hard to bea ...