Given that mortgage loan is one of the longest lasting loans, it is important to carefully assess the budget one can afford, the time period over which the fha loan approvals get cleared and various offers and opportunities available to cut down on prices and make it as convenient as possible. It wouldn’t be wise to choose the first option one finds online. To reduce your hassle, here are some of the best options available in the market as of 2017 for a mortgage:
- J.G. Wentworth is known to offer the best mortgage rates and is well equipped and qualified. The application process is made easy and they have an excellent customer service which carves their name in the list of best available options. Their fixed rate mortgage has plans of 15, 20 and 30 years while Adjustable rate mortgage has plans of 3, 5, 7 and 10 years.
- SoFi is known to offer the best terms on mortgage rates and mortgage related fees. Their customer service is of high quality. They offer a variety of services and have earned quite some reputation on the field. Fixed rate mortgage plans of 15 and 30 years are available. In the case of adjustable rate mortgage, a 7/1 plan is available.
- Cross Country mortgage provides a wide variety of options for one to choose from. They are well equipped and are backed up by decent mortgage rates, customer service, and financial reputation. It has over 130 branches and is licensed in all 50 states. They provide fixed rate mortgage plans that range from 10-30 years and adjustable mortgage plans of 5/1, 7/1 and 10/1.
- Rocket mortgage is a little similar to cross country in the area of the wide variety of loans they provide. With really good mortgage rates, decent mortgage related fee, customer service, financial reputation and an automated online process for mortgage loans, rocket mortgage has managed to put its name on the top list. It provides fixed mortgage plans of 15, 30 and 30 VA loans and provides a 5 and 7-year adjustable mortgage plan.