Best Online Mortgage
Quick and Easy. LendingTree offers the best mortgage rates and easiest online application process (takes 2 mins). Rather than applying for a mortgage with a dozen different lenders to find your best rate, you only have to apply 1 time with LendingTree and they’ll match you with the 5 best lenders for you. Checking your rates with LendingTree does NOT impact your credit score and only takes 2 mins.
- Mortgage Terms15 to 30 yr fixed rate
- APRAs low as 3.50%
- Credit ImpactNo impact to your credit score for applying
Typical Home Loan Process
Finding Your Rate
What You’ll Need
Getting Your Funds
What Are Mortgage Loans?
Mortgages are large loans used to finance the purchase of a home. Almost everyone who buys a home uses a mortgage. In today’s climate, mortgage rates are at all-time lows, making getting a mortgage more attractive than ever.
We spent 200+ hours searching for the best mortgages of 2019, because not all mortgages are made equal. Many shady online lenders have high variable rates and lots of hidden fees. None of the lenders on this page have hidden fees, and all are highly rated and respected.
What Can I use Mortgage Loans For?
Personal loans can be used for almost anything! Some of the most popular uses include:
- First-time home buying
- Investment properties
- Vacation homes
- Condos and some apartments
Mortgage Loan Myths
One of the most common misconceptions about mortgages is that they somehow negatively effect your credit score.
For most cases, this is not true. There’s typically no impact on your personal credit score to see if you qualify for a mortgage loan. And once you finalize your mortgage, and you begin to make timely monthly repayments, your credit score can actually improve. For the average 30 Year mortgage loan with a fixed rate, you’ll actually improve your credit score when you make your payments every month.
The only way a mortgage can harm your credit score is if you fail to make your payments.
What is OptionsBro?
OptionsBro.com is an online financial information site dedicated to providing simple tutorials, reviews, and comparisons on all things finance.
Collectively, we’ve spent thousands of hours examining the most popular financial products and tools. Bottom line, we simplify and explain the myriad of consumer financial options available today, so you can make smarter financial decisions with ease.
Updated: April 1, 2019