Because no two borrowers have the same needs, the “best” mortgage lender will be the one with the most options. Low rates, flexible credit score requirements, the ability to deliver documents electronically or in person, and the availability of a variety of loan products are all important. Using these and other factors, we have determined that Quicken Loans / Rocket Mortgage, Veterans United, Guild Mortgage, Navy Federal, Caliber Home Loans, Bank of America, and Better Mortgage are among the best mortgage lenders on the market.

In the week ending October 22, 2021, the average rate on a 30-year fixed-rate mortgage was 3.09%, according to Freddie Mac. Note, however, that these rates change quickly and often, and the rate you get will depend on your credit history, among other factors.

To answer some of the questions in this section, we reached out to Tim Lucas, editor-in-chief of The Mortgage Reports; Jason Sharon, Mortgage Broker, US Navy Veteran and Owner of Home Loans, Inc; and Andy Harris, owner of Vantage Mortgage Group, Inc.

Our rankings were determined based on the following categories: