Reali Loans, formerly known as Lenda, merged and rebranded in 2019 with the flat-fee real estate brokerage service Reali. On August 24, 2022, Reali announced it was beginning to shut down operations, noting that most of its workforce would be laid off on September 9, 2022.

Methodology

NerdWallet’s overall ratings for mortgage lenders are evaluated based on four major categories: variety of loan types (purchase, refinance, fixed and adjustable, for example), ease of application, rates and fees and rate transparency. Among the factors we consider when scoring these categories are options to apply for and track loans online, the level of detail about mortgage rates on lender websites and our analysis of the rates and fees lenders reported in the latest available Home Mortgage Disclosure Act data. These scores generate ratings from 1 star (poor) to 5 stars (excellent).