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Top Loan Mortgage

View rates, learn about mortgage types and use mortgage calculators to help find the loan right for you. Prequalify or apply for your mortgage in minutes.

Best Refinance Mortgage Lenders of 2020



With Figure, customers can apply 100% online in minutes and close faster than traditional lenders.  Their automated application allows for consumers to go through the form and complete their application without the need for speaking to a broker.  Figure offers both the  option to cash out and a 30 year fixed term.  At this time, Figure can only support primary residences, not second homes or investment properties.  They also boast excellent customer service, with published response times of less than 15 seconds.

New American Funding

New American Funding is licensed in 48 states and provides a variety of mortgages from fixed-rate, adjustable-rate, Jumbo, FHA, VA, USDA and Home Improvement loans.  One mortgage exclusive to New American Funding is the “I CAN Mortgage.” This a fixed-rate loan offer to help customers who are between loan types. This mortgage offers down payments as low as 5% and the flexibility to choose your loan term from 8 to 30 years.  This is only available to borrowers if their new home is a primary residence and single-family home.

The pros are:

  • Adjustable-rate loans
  • Fixed loan options

The cons are:

  • Not available in certain states
  • Fees are only shown when applying for a mortgage product

Rocket Mortgage 

Rocket Mortgage is a great option when you’re trying to refinance in little time. You can enjoy their smartphone app as well.

The pros are:

  • You’ll receive customized loan recommendations
  • Helpful mortgage bankers
  • Fills in your application automatically
  • Government-backed and conventional refinance mortgages
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Better is an excellent mortgage refinance option and is considered one of the best for refinancing overall. They take a look at your credit score, down payment, price of your home, and income.

The pros are:

  • You can be approved in minutes
  • An easy to read rates page
  • You choose which offer you’d like
  • Direct lender
  • Cutting out the middle man

The cons are:

  • Some have said funding can take a while
  • No USDA or VA loans
  • Not available everywhere
  • No home equity loans


While you may have not heard of NBKC, it’s starting to be noticed as a highly rated refinance mortgage lender.

The pros:

  • Mobile apps for Android and iOS
  • Free rate locks
  • No lender for VA borrowers
  • Everything can be done electronically

The cons are:

  • Only in-person service is in Kansas City
  • An Origination fee for most
  • Not many choices for low credit-score borrowers


With LenderFi, you can enjoy quick loan processing online and normally no origination fees.

The pros are:

  • Most loans don’t have an origination fee
  • Loan officers are available by text and phone
  • Fast loan decision
  • Discount points
  • Interest rates to choose from

The cons are:

  • No traditional home equity loans
  • No home equity lines of credit
  • No loan options in certain states


SoFi is another top refinance mortgage lender, with the option for some to just need a minimum equity of 10%.

The pros are:

  • Online prequalification, preapproval, and applications available
  • Discounted origination fees if you’re a member

The cons are:

  • No VA or FHA loans
  • Not available in all states
  • No physical locations
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There are many options for refinancing mortgages through electronic submissions.

The pros are:

  • Numerous refinance and purchase options
  • You can track documents
  • Electronic submission option

The cons are:

  • Speak with a mortgage banker if you want full information on requirements and products
  • Rate lock charges
  • Origination fees
  • Underwriting fees

Veterans United

Veterans United is for America’s military community. Their specialty is VA loans.

The pros are:

  • You can choose FHA, conventional, and USDA loans
  • Available in all states
  • VA loan lender

The cons are:

  • Don’t have offices in many states


Vylla prides itself on simplifying the process of refinancing your home with many options.

The pros are:

  • Multiple loan options
  • Accepts low credit scores
  • Low down payment options
  • Many ways to shop

The cons are:

  • Not completely online
  • Not available nationwide
  • Multiple online complaints

PNC Bank

When you’re looking for mortgage refinance lenders, PNC bank is great for those with low-moderate incomes or a limited down payment. They offer a low down payment option with no mortgage insurance.

The pros are:

  • There are many affordable loan options
  • PNC community loan
  • USDA, VA, FHA loans
  • Online tool estimators to estimate mortgage payments
  • Track your application progress
  • Might consider credit history like rent payments

Fairway Independent Mortgage

Fairway Independent Mortgage offers you:

  • A good mobile app
  • A portfolio of refinancing products
  • Loans
  • Phone access to advisers
  • Quick online processing

Unfortunately, you do have to give a lot of personal information before even receiving a refinance rate quote. They do have excellent customer service though.

Bank of America

Bank of America is great if you’re a borrower who is looking for multiple options. You can choose from VA, FHA, and cash-out.

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The pros are:

  • You can customize refinanced rates without giving personal information
  • There are fee discounts for Preferred Rewards customers
  • You can apply to re-finance in-person, over the phone, or loan online

The cons are:

  • It can take longer to process and close a refinance
  • There have been some who say that there’s not consistent communication


If you’re looking to save money then Alliant could be right for you. They have what’s called an Alliant Advantage Mortgage program (AAM). Through Alliant, you might be able to refinance to get rid of mortgage insurance with a low percentage of equity.

The pros are:

  • Excellent customer service
  • You have no-mortgage insurance refinance options
  • Mortgage management tools
  • Online banking

The cons are:

  • There’s only a physical location in Chicago
  • There are no USDA, VA, or FHA refinance options

Guild Mortgage Company

With Guild Mortgage Company, you can enjoy excellent customer service. Even though it’s smaller than Fairway and Quicken, it still has much to offer when it comes to refinancing your mortgage.

The pros are:

  • You can qualify with just a 580 credit score
  • They’ll consider alternative credit sources
  • They’re in most of the U.S.
  • Option to meet face-to-face in many states

The cons are:

  • It doesn’t offer jumbo loans
  • The lender fees tend to be higher than other lenders
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