Buying a home is one of the hardest—and most expensive—decisions you’ll ever make. And since most borrowers need to take out a mortgage, finding a lender can be equally challenging. 

We know how overwhelming it can be to choose a mortgage lender to buy your house, so we researched 45 leading companies and identified the five best mortgage lenders based on their loan options, rates, customer service, and typical time to close a loan, along with other important factors.

Best Mortgage Lenders of May 2023

  • Best Overall: Rocket Mortgage (Quicken Loans)
  • Best for First-Time Homebuyers: Fairway Mortgage
  • Best for Multiple Loan Options: Caliber Mortgage
  • Best Big Bank Lender: Bank of America
  • Best for Bad Credit: Prosperity Home Mortgage
  • Best for Military Members: Cherry Creek Mortgage
  • Best Online Lender: Primary Residential Mortgage