The Motley Fool Money's 2025 Mortgage Lender Awards

Rocket Mortgage, originally known as Quicken Loans, led the transition to a full digital experience and online-only applications. Its seamless process is one reason why it has become the largest U.S. lender. It is consistently ranked No. 1 on J.D. Power’s customer service rankings and has a robust and high-quality app that makes it easy to use.

With low mortgage rates, a fast 100% application process, and no uneccesary fees, Better is a great choice for first-time home buyers. In fact, new home buyers can save $8,200 over the life of their loans.

Loan Depot is among the top refinancing and FHA/VA lenders in the market. Its mello smartloan™ platform simplifies the refinancing or purchasing process by digitally connecting to verify your assets, employment, and income. Its proprietary loan engines swiftly identify the loan options that offer the best potential savings in cost and time based on the data it gathers.

As one of the top independent mortgage lenders in the nation, Guild Mortgage offers qualified buyers a FHA zero-down mortgage. The FHA home loan program requires a 3.5% down payment, but Guild Mortgage will work with you to identify down payment assistance programs to cover the entire down payment.

Navy Federal Credit Union offers its members a wide range of loans, including the Military Choice Loan for those who have already exhausted their VA loan benefit. Navy Federal Credit Union offers a rate match guarantee, and if it can't match an offered rate, applicants will receive $1,000.

Carrington Mortgage has a wide selection of mortgage products and terms, making it a great solution for borrowers with bad credit or nontraditional income. Additionally, Carrington Mortgage has launched an app to manage the home-buying process, as well as a personalized dashboard.

Fairway offers a wide range of fixed-rate and adjustable-rate mortgage terms across an array of mortgage products, including USDA loans. Additionally, high customer satisfaction and a large branch network makes Fairway a solid pick.

Bank of America does not charge application fees or closing costs for HELOCs under $1 million, making it easier and more affordable to tap into your home’s equity. As one of the largest banks in the U.S., Bank of America provides a diverse array of financial products beyond mortgages, ensuring you have access to an extensive lineup of loan options and terms. Additionally, their Preferred Rewards program allows borrowers with bank and investment accounts at Merrill to benefit from origination fee waivers or interest rate reductions, depending on their eligible tier.