If you’re looking to buy a home in the District of Columbia, finding the right mortgage lender is crucial. With so many options to choose from, it can be overwhelming to decide which lender is the best fit for your needs. In this article, we’ve compiled a list of the top mortgage lenders in the District of Columbia to help you make an informed decision.
1. Wells Fargo Home Mortgage
Wells Fargo is a well-known name in the mortgage industry, and for good reason. They offer a wide range of mortgage products, including fixed-rate and adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans. With over 160 years of experience in the industry, Wells Fargo is a trusted name in the world of finance.
2. Bank of America
Another well-known lender, Bank of America offers a variety of mortgage options, including conventional, FHA, VA, and jumbo loans. They also have a program called the Affordable Loan Solution, which is designed to help low- and moderate-income borrowers purchase homes with as little as 3% down.
3. Quicken Loans
Quicken Loans is an online lender that offers a fast and easy application process. They offer a variety of mortgage options, including conventional, FHA, VA, USDA, and jumbo loans. Their Rocket Mortgage platform allows borrowers to apply and receive approval for a mortgage in just minutes.
Navy Federal Credit Union is a popular choice for military members and their families. They offer a variety of mortgage options, including conventional, FHA, VA, and jumbo loans. They also have a program called HomeBuyers Choice, which is designed to help first-time homebuyers with as little as 0% down.
5. PNC Bank
PNC Bank offers a variety of mortgage options, including fixed-rate and adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans. They also offer a program called Home Insight Planner, which allows borrowers to explore different mortgage options and see how different interest rates and down payments will affect their monthly payment.
6. SunTrust
SunTrust offers a variety of mortgage options, including conventional, FHA, VA, and jumbo loans. They also have a program called the Doctor Loan, which is designed for medical professionals who are in residency or have recently completed their residency.
7. TD Bank
TD Bank offers a variety of mortgage options, including fixed-rate and adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans. They also have a program called Right Step, which is designed to help first-time homebuyers with as little as 3% down.
8. AmeriSave
AmeriSave is an online lender that offers a variety of mortgage options, including conventional, FHA, VA, USDA, and jumbo loans. They also have a program called AmeriSave Advantage, which is designed to help borrowers save money on their mortgage by offering lower interest rates and reduced closing costs.
9. Capital One
Capital One offers a variety of mortgage options, including fixed-rate and adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans. They also have a program called Home Loans for Heroes, which is designed for military members and their families.
10. Guaranteed Rate
Guaranteed Rate is an online lender that offers a variety of mortgage options, including conventional, FHA, VA, USDA, and jumbo loans. They also have a program called Digital Mortgage, which allows borrowers to apply and receive approval for a mortgage entirely online.
Conclusion
Choosing the right mortgage lender is an important decision, and it’s important to do your research before making a choice. The lenders on this list are all reputable and offer a variety of mortgage options to meet your needs. Consider your financial situation, credit score, and the type of loan you need when making a decision. With the right lender, you can achieve your dream of homeownership in the District of Columbia.