Best Mortgage Lenders May 2019

LendingTree is the internet’s largest loans marketplace. Founded in the 1990s, this service has helped millions of people get pre-qualified for all types of loans including mortgages. LendingTree works with a network of more than a hundred lenders to help its users find the best mortgage for their needs. To use the service, just provide a few details about yourself and the type of home loan you’re looking for, and LendingTree’s automated search tool will show you the best results.

LendingTree is a great place to start if you’re looking to find market-beating rates. Like other marketplaces, the secret to its success is competition. By gathering all the top lenders in one place, LendingTree forces each provider to compete on rates and fees – to the benefit of the borrower (you). Where LendingTree stands out from the crowd is in its sheer size. It works with a huge network of trusted lenders from around the country to help gets its customers the lowest possible rates.

Founded in 1991, J.G. Wentworth has developed a reputation in recent years as a leading online mortgage lender. J.G. Wentworth offers home buyers the opportunity to apply online for almost any type of mortgage. Types of home loans include: fixed-rate mortgages, adjustable rates, cash-out refinance, and VA and FHA loans.

The best thing about J.G. Wentworth is that it offers an entirely digital experience without compromising on customer service. Applicants can go through the entire process over the internet – from requesting that first quote to uploading documentation through to e-signing the closing documents. And if at any time you have a question, J.G. Wentworth’s friendly customer support staff are there waiting by the phone to answer your questions. With such a great reputation for customer service, it’s no surprise J.G. Wentworth underwrites more than $3 billion in home loans every year.

Quicken Loans overtook Wells Fargo as the largest mortgage lenders in the United States at the end of 2017. It originated 395 thousand loans worth a total of $81.3 billion for the year. Judging by the figures already released for 2018, it has continued to extend its lead at the top. Why is Quicken Loans so successful? The brief answer is that it offers a unique combination of accessibility, affordability, and availability.

Quicken Loans lets its customers apply using the most convenient channel for their needs. These include: online applications, phone applications, mobile applications, and physical applications in branches scattered throughout the United States. Quicken Loans offers a huge variety of home loans, including conventional and government-backed loans with fixed or adjustable rates and a wide range of terms. It has trimmed the application process down to only the bare necessities, enabling it to close mortgages more quickly than most competitors – and passing on some of the savings to its customers.