closing costs, as it offers a variety of assistance programs, including down payment assistance, closing cost grants, and more. The company also prides itself on its customer service, with a focus on providing a positive experience for borrowers. One potential downside to be aware of is that New American Funding ranks below average in J.D. Power’s 2023 Mortgage Origination Satisfaction Study. Best for a focus on the military: Veterans United Home Loans If you’re a veteran or active-duty service member looking to purchase a home, Veterans United Home Loans is a top choice. With a focus on providing VA loans and a commitment to serving those who have served our country, Veterans United is dedicated to helping military families achieve homeownership. Veterans United Home Loans Minimum credit score 620 States available 50 Mortgage loan options Fixed-rate, adjustable-rate, conventional, jumbo, FHA, VA, USDA, renovation, refinance, reverse What you should know about Veterans United Home Loans Veterans United Home Loans is a Missouri-based lender that was founded in 2002 and operates in all 50 states. As the name suggests, Veterans United specializes in VA loans, making it a top choice for military members and their families. The company offers a variety of VA loan options, including purchase loans, refinance loans, and cash-out refinance loans. Veterans United also provides educational resources specifically tailored to military buyers, helping them navigate the homebuying process with ease. Additionally, the company is known for its exceptional customer service and dedication to serving those who have served our country. Veterans United ranks above average in J.D. Power’s 2023 U.S. Mortgage Origination Satisfaction Study, indicating a positive customer experience. How to choose the best mortgage lender for you When it comes to choosing the best mortgage lender for your needs, there are several factors to consider. Here are a few key things to keep in mind: Credit score requirements: Different lenders have different minimum credit score requirements, so make sure to choose a lender that aligns with your credit profile. Loan options: Consider the types of loans each lender offers and whether they have the loan programs you’re interested in. Rates and fees: Compare interest rates, closing costs, and other fees to find the best overall deal for your situation. Customer service: Look for a lender with a good reputation for customer service, as this can make a big difference in your homebuying experience. Online tools and resources: Consider whether the lender offers online tools and resources that can make the process easier for you. By taking these factors into account and comparing lenders based on your specific needs, you can find the best mortgage lender for your homebuying journey.
