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Compare multiple home lenders.

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Easily compare rates for a home loan or refinance

Get loan options from top lenders with one application. We work with a network of lenders to bring you a selection of great mortgage rates.

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Understand the type of home loan that’s right for you

Conventional Home Loans

Conventional Home Loans

  • Majority of home loans

  • Qualifications for eligibility set by Fannie Mae and Freddie Mac

  • Typically have higher minimum credit scores than government-backed loans

  • May carry lower interest rates

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VA Home Loans

VA Home Loans

  • Loans for veterans, servicemembers, and surviving spouses

  • Provided by private lenders but guaranteed in part by the U.S. Department of Veterans Affairs (VA)

  • Have certain eligibility requirements

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FHA Home Loans

FHA Home Loans

  • Provided by private lenders but backed by the Federal Housing Administration (FHA)

  • Favorable to first-time homebuyers or borrowers facing credit issues

  • Allow qualifying homebuyers to put as little as 3.5% down on their home purchase

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Jumbo Loans

Jumbo Loans

  • Larger loans that exceed limits set by the Federal Housing Finance Agency (FHFA)

  • Typically have more stringent qualifications and requirements

  • More common in high-cost housing markets

  • Maximum conforming loan limit for single-family homes in most of U.S for 2021 is $548,250

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Home Loans 101

Buying a home is likely one of the biggest purchases you’ll ever make. When you borrow money to make this purchase with a home loan, it’s important to understand all the ins and outs.

What you need to know about home loans

A home loan, or mortgage, is an agreement with a lender that allows you to borrow money to buy a home. It also gives the borrower the right to take possession of the property if you do not pay back the borrowed money plus interest. According to the U.S. Census Bureau, nearly 62% of homes have a mortgage.

How to shop for a mortgage

Pricing and terms can vary by lender, so it’s a good idea to shop around as you would for other big purchases. Some factors to take into consideration include loan terms, mortgage rates, lender fees, points, closing costs, prepayment penalties, and other special features. Comparing mortgage rates, terms, and other costs will help you choose the mortgage that best fits your needs.

How to qualify for a home loan

Lenders will review some of your financial information to determine if you qualify for a home loan. This includes your credit score, debt-to-income (DTI) ratio, and employment history. They will likely consider the size of your down payment and the length of your mortgage term.

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FAQs

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