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Best Lenders for FHA Loans in April 2019

Finding the Right Mortgage, Mortgages
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You might think all Federal Housing Administration lenders are the same. But even when you’re looking for an FHA loan, it’s always smart to shop at least three lenders. Their mortgage rates, fees and other costs to borrow can vary substantially. Remember, the lender you choose will affect how fast you can close, how much you pay and, ultimately, whether you can buy the home you want.

» MORE: How to find the best FHA mortgage lenders

cheatgame.info has picked some of the best FHA lenders in a variety of categories so you can quickly determine which one is right for you.

» MORE:  Compare FHA mortgage rates

cheatgame.info’s best lenders for FHA loans

Best for nontraditional credit histories: Vylla

Learn more

at Vylla

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for first-time home buyers or credit-challenged borrowers who may have trouble qualifying for a mortgage.

Best for FHA overall: Quicken Loans

Learn more

at Quicken Loans

Min. credit score

580

Min. down payment

3.5%

Why we like it

Ideal for FHA borrowers who like online convenience. Quicken is the largest FHA lender in the nation and a mortgage-technology leader.

Best for online FHA mortgage experience: Rocket Mortgage

Learn more

at Rocket Mortgage

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for anyone who appreciates smartphone app service, support and time savings. A fully digital home loan experience with a large variety of mortgage products.

Best for nontraditional credit histories: New American Funding

Learn more

at New American

Min. credit score

580

Min. down payment

3.5%

Why we like it

Ideal for home buyers and refinancers who want an FHA mortgage and need to be evaluated using nontraditional credit criteria.

Best for FHA refinance: PrimeLending

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at PrimeLending

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for borrowers looking for help with closing costs: PrimeLending's proprietary program, NeighborhoodEdge, helps qualified low- to moderate-income borrowers with up to $2,000 in closing cost credits (certain restrictions are based on income and location).

Best for online FHA mortgage experience: Guild Mortgage

Learn more

at Guild Mortgage

Min. credit score

620

Min. down payment

3%

Why we like it

Ideal for borrowers with a relatively high credit score who may need down payment assistance or help from a state housing agency.

Best for first-time home buyers: CitiMortgage

Read review

at cheatgame.info

National / regional

National

Min. down payment

3.5%

Why we like it

Ideal for borrowers with nontraditional credit. FHA mortgages from CitiMortgage feature low down payment options and flexible financial requirements so it's easier for first-time borrowers to obtain a home loan.

Best for first-time home buyers: Flagstar Bank

Learn more

at Flagstar

Min. credit score

580

Min. down payment

3.5%

Why we like it

Ideal for FHA borrowers who appreciate face-to-face service. Flagstar embraces FHA-backed mortgages, well suited for borrowers looking to qualify with rental payments, utility bills and other nontraditional credit sources.

Best for low down payment: Navy Federal Mortgage

Learn more

at Navy Federal

National / regional

National

Min. down payment

3.5%

Why we like it

Ideal for military personnel and their families. FHA mortgages from Navy Federal Credit Union include alternative credit scoring so it's easier for first-time borrowers to obtain a home loan.

Best for low down payment: Bank of America

Learn more

at Bank of America

Min. credit score

600

Min. down payment

3.5%

Why we like it

Ideal for borrowers who value a traditional bank with high-tech tools. Bank of America's Home Loan Navigator allows you to track the lending process online and upload paperwork digitally.


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» MORE: Find first-time home buyer programs in your state

Best lenders for FHA loans: summary

Best lenders for FHA loans: review

Lender
Best
for
Highlights
Minimum credit score*
Learn more
Quicken Loans
FHA overall
Offers loans in all 50 states
580 (FHA) or 620 (conventional)
Rocket Mortgage
Rocket Mortgage
Online FHA mortgage experience
Largest online mortgage lender, with fully automated process
580 (FHA) or 620 (conventional)
New American Funding
naf logo-270x55 (1)
FHA for nontraditional credit histories
Flexibility in mortgage underwriting process, down payment assistance programs
580 (FHA) or 620 (conventional)
PrimeLending
PrimeLending-55x270
FHA refinance
Access extra equity as cash
620 (conventional)
Guild Mortgage
Guild_Logo-320x229
Online FHA mortgage experience
Paperless application and digital loan tracking
580 (FHA); 620 (conventional)
Vylla
vyllalogodark402x_edited2
FHA for nontraditional credit histories
Use rent payment history or bank statements to bolster your application
500 (FHA); 620 (conventional)
CitiMortgage
citimortgage
FHA for first-time homebuyers
Programs for first-time homebuyers, no PMI options
Not disclosed
Flagstar
flagstar_logo-55x270
FHA for first-time homebuyers
Matching to programs for first-time homebuyers and income-limited households
580 (FHA) or 620 (conventional)
Navy Federal
navy_federal_credit_union_logo-55x270
FHA with low down payment
Prioritizes FHA loans, offers $1,000 mortgage rate match program
N/A
Bank of America
Bank-Of-America-Logo
FHA with low down payment
Targets cash-strapped buyers by offering its own low-down-payment mortgage
600 (FHA) or 620 (conventional)

More from cheatgame.info
See how much house you can afford
Calculate FHA mortgage payments
Review FHA loan requirements
* Minimum credit score on top loans; other loan types or factors may selectively influence minimum credit score standards

cheatgame.info’s selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the cheatgame.info Mortgages team.