With the variety of lenders and loan programs available, it’s important to choose one that has your best interests in mind.
This article provides an overview of the top mortgage lenders in Missouri, describing their loan product offerings and taking a look at their customer satisfaction ratings. From local banks to national chains, there are lenders for all different types of borrowers, so it’s important to do your research to find the best fit for you.
US Bank is one of the largest mortgage lenders in Missouri. They offer a range of loan products tailored to first-time homebuyers, including the First-Time Home Buyer Loan, which requires just 3% down. Additionally, they have the US Bank Home Mortgage, a fixed-rate loan with competitive rates and terms. The team at U.S. Bank provides personalized service to help borrowers through the entire process, from figuring out how much you need to borrow to closing the loan.
Wells Fargo is also a major player in Missouri mortgages. They provide a full suite of mortgage products, including FHA, VA, and conventional loans. All of their loan products come with competitive rates and terms, making them a great choice for borrowers who plan to stay in their homes for a long time. Wells Fargo also offers the YourFirst Mortgage, which allows for down payments as low as 3%.
U.S. Mortgage Lenders Inc. is another top choice in Missouri for those looking to purchase or refinance a home. They offer an array of loan products, including fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans. U.S. Mortgage Lenders Inc. also offers special programs, such as the FHA 203K and USDA Rural Development loans, which can make obtaining a mortgage even easier.
PNC Bank is another excellent choice for those looking to purchase or refinance a home in Missouri. PNC Bank offers both fixed and adjustable-rate mortgages, as well as jumbo loans. Their loan terms and rates are highly competitive, making them a great option for those with more complex financial needs. Additionally, PNC Bank offers automated online applications, so you can get pre-approved in minutes.
Finally, Quicken Loans is another popular lender in Missouri. They specialize in digital technology, making it easy to apply online. Quicken also offers several loan options, including fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans. Quicken doesn’t require mortgage insurance and offers speedy approval times, making them a great choice for first-time homebuyers.
When searching for the right mortgage lender in Missouri, it’s important to consider the type of loan you need, the down payment requirements, and the customer service you’ll receive. Ultimately, it’s about finding the lender that best fits your needs and situation. The five top mortgage lenders in Missouri detailed in this article are all excellent choices for those looking to purchase or refinance a home.
Missouri offers a variety of mortgage options for potential homeowners. This article outlines the top 5 mortgage lenders in the state, each of which offer different products and services that may be suitable for certain buyers. US Bank is the largest lender, offering a range of loan products tailored to first-time homebuyers, including the First-Time Home Buyer Loan, which requires just 3% down. Wells Fargo is a great choice for those looking for FHA, VA, and conventional loans. US Mortgage Lenders Inc. offers an array of loan products, including fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans. PNC Bank provides both fixed and adjustable-rate mortgages, as well as jumbo loans, while Quicken Loans offers loan products, such as fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans, without the need for mortgage insurance.
Each homeowner should take the necessary time to research and compare mortgage lenders to determine which one works best for their individual needs and financial situation. Factors to consider when choosing a lender include the type of loan needed, down payment requirements, customer service, competitive rates and terms, and loan approval speed. Depending on the borrower’s specific needs, any of the 5 lenders listed in this article could be a viable option.
This article was contributed on Nov 19, 2023