Finding the most suitable mortgage lender for your home loan can be daunting as well as time and effort intensive. Whether you are a first mortgage seeker or looking to refinance your existing mortgage, knowing the best mortgage lenders in the country will help narrow down your search. Below is a list that can help.
This listed was created on 6/20/11 and due to the nature of the mortgage industry things will change. If something is out of date on out list please use the comment form below to let use know and we will make the appropriate changes – thank you!
1. CountryWide Financial Corp
2. Bank of America
3. Wells Fargo Bank
4. World Savings Bank FSB
5. JP Morgan Chase Bank
6. Citi Mortgage
7. Sun Trust Bank
8. GMAC Mortgage
9. New Century Mortgage
10. First Magnus Financial Corp
Countrywide Financial Corp concentrates on home mortgage lending. This financial institution focuses largely on servicing mortgages, mortgage banking and loan funding. In addition to this, CountryWide Financial Corp is also involved in packaging trade transactions in the secondary market. CountryWide Financial Corp, based in California, is well known as one of the top lending institutes in the United States of America. The company is estimated to be worth $500 billion and has successfully established its position in the mortgage money lending market. Despite being taken over by Bank of America in 2008, CountryWide Financial Corp is still one of the most powerful mortgage companies in the country.
Bank of America, with a history dating back to 1904, is the country’s biggest bank holding company by assets as well as the second biggest bank with respect to market capitalization. It has made a clarity commitment, which ensures that its customers and customers are provided with precise information about the services they seek from the bank. The bank’s mortgage wing is one of the biggest lenders in the country with regards to home loans. It is also well known for its competitive mortgage pricing, a reason why so many Americans on a house-hunt consider Bank of America as their preferred lender.
Wells Fargo Bank is one of the leading American banks that deals in mortgage lending. The bank has made it possible for several home loan seekers to finance their dream homes by providing them with innumerable options. Wells Fargo Bank is headquartered in San Francisco and conducts its mortgage lending business through 9,400 separate mortgage branches across the United States. In addition to this, Wells Fargo Bank carries out mortgage wholesale lending through several autonomous mortgage brokers.
World Savings Bank FSB is a subsidiary of the Wachovia Corporation and is well known as an experienced veteran in the home loan lending. This aspect when combined with the strengths of its parent Wachovia Corporation, makes the World Savings Bank FSB one of the most recognized mortgage lenders in the United States of America. The World Savings Bank FSB offers their customers several competitive options of refinancing their existing home loans. The interest rates on the loans offered by the bank are also competitive and the World Savings Bank FSB ensures that it provides the best service to its customers.
Whether a customer is in need of a home loan to finance a house purchase or he needs a new loan to pay off other outstanding loans, JP Morgan Chase offers a number of loans and mortgages that help their customer tide over the financial difficulties. Additionally, JP Morgan Chase provides customers with assistance in identifying the best mortgage option. JP Morgan Chase Bank also offers effective refinance solutions and many other thoughtful services that make lending from them quite convenient for their customers.
Citi Mortgage is also one of the top American mortgage lenders. Customers can choose suitable fixed rate or adjustable rate mortgage products owing to the considerably large range of mortgage options offered by this lender. Citi Mortgage also offers a guaranteed rate lock to help you buy the home of your choice with an affordable loan. The institution also offers competitive loan refinancing options to their customers.
The Sun Trust Bank offers home loans to its customers predominantly through mortgage brokers. The home loan options are plenty and competitive enough to benefit their customers as well as mortgage brokers. The bank has provided several customers with reliable services by offering mortgage options, which meet their unique requirements. Sun Trust Mortgage has been providing its customers with customer friendly solutions, which is one of the reasons why the bank is one of the most preferred mortgage lenders in the United States.
GMAC’s mortgage options have attracted several customers to them over the years. The financial company offers many financial products to their customers and mortgage lending services is one of them. GMAC offers fixed rate and adjustable rate mortgages, interest only loans, federal housing administration loans and loans approved by the U. S. Department of Veterans Affairs. GMAC Mortgage also offers its customers some of the best home loan options in the market.
New Century Mortgage has been one of the top subprime mortgage lending companies in the United States of America for the last couple of years. The mortgage lending company has made it possible for those who have low credit scores to get home loans successfully. In addition to this, New Century Mortgage gives its customers the option to avail refinancing as one of the mortgage solutions. The mortgage company is well known for the personal attention it gives to its customers, one of the many reasons why it is considered one of the top ten mortgage lenders in the country.
10. First Magnus Financial Corp
First Magnus Financial Corp is a private mortgage lending company and is recognized as one of the best mortgage banks in the United States. The financial company offers its customers some of the best and most competitive home loan options. First Magnus Financial Corp also offers impressive customer service levels. There customer service and diverse range of mortgage options have won the financial company many appreciations and awards.
