9 best mortgage lenders in Arizona

Are you after a fast loan application so you can move quickly? If so, Better’s digital mortgage process can help. Unlike traditional lenders, Better links directly to your financial accounts, providing you with a preapproval decision in minutes.

When you’re house hunting in an active market like Arizona, having a loan approval ready can help show sellers you’re serious. So, if you’re comfortable with a digital application and want a faster lending experience, Better could be the perfect solution.

• Pros and cons

  Pros

  • Lower fees. Unlike other lenders, Better doesn't charge origination or broker fees, such as application or credit check fees.
  • Digital application process. Better's digital application links to the actual numbers in your bank and tax accounts, eliminating the need to dig through your files.
  • Helpful website. Better's website is unusually informative, allowing you to view current interest rates and detailed mortgage information.

  Cons

  • No specialized first-time homebuyer products. Better offers FHA loans, but no specialized products that offer rebates or reduced PMI.
  • You give up some privacy. While optional, Better requires login credentials to your bank and tax accounts for faster processing.

• More details

  Loan products offered	Conventional, Jumbo, FHA, Refinance
  Minimum credit score	Refinance: 680 All other loans: 620
  Minimum down payment (Conventional)	3%
  State availability	Not available in: HI, MA, MN, NV, NH, VT, VA
  NMLS #	330511

Not sure which Arizona lender is best? Enter LendingTree. LendingTree is a 100% free third-party service that gives you tailored recommendations from its database of 1,500 partnered lenders so you can compare and choose.

All that’s required is to provide LendingTree with some basic personal data and your homebuying plans, and the service will find the best matching loans for your situation. One advantage of using LendingTree is that lenders know they’re competing with each other and may offer you better rates.

• Pros and cons

  Pros

  • Does the hard work for you. Instead of having to research lenders, LendingTree uses your information to target lenders that will work with your credit score. This saves time and effort.
  • Multiple loan offers. You'll receive multiple loan offers with LendingTree. When you get a good quote, you can use it as a bargaining tool with other lenders who may be willing to match or beat it.
  • Alerts you to new deals. LendingTree works on your behalf to find lower rates and will alert you when a better interest rate is found. This means you don't need to continually follow up yourself.

  Cons

  • Lenders may be pushy. Once you've submitted your information, expect to be inundated with phone calls and emails from loan officers eager for your business. As always, get a few quotes before settling on a specific lender.
  • Your information is shared. Once you fill out the form, LendingTree sends out your contact information to various companies. Offers many continue to come in even after you've found a loan.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, USDA, Home Equity, HELOC, Reverse, Refinance
  Minimum credit score	Conventional: 620 FHA: 500 VA: 620 USDA: 640 Jumbo: 800
  Minimum down payment (Conventional)	3%
  State availability	Available in all states
  NMLS #	1136

Founded in 2016, Rocket Mortgage is a fully online mortgage company owned by Quicken Loans. What makes Rocket Mortgage popular is its ability to walk you through the entire loan process without requiring you to work with a loan officer, unless you want to.

Using the Rocket Mortgage interface, you can apply for a loan, check your application status and receive updates through the Rocket Mortgage app. Rocket Loans can verify your assets and credit digitally to help speed up the loan application process.

• Pros and cons

  Pros

  • Don't need to dig through paperwork. Rocket Mortgage's electronic verification process eliminates unnecessary paperwork.
  • No in-person meetings required. Unlike traditional lenders, you can apply for a mortgage and get funded completely online.
  • Get help if you need it. While working with a loan officer is optional, you can always call the company if you need help at any step of the way.

  Cons

  • Must give up some privacy. To obtain loan preapproval, you'll be asked to provide login credentials to your bank account.
  • Website doesn't list loans. The Rocket Mortgage website doesn't make it clear what types of loans it offers. You're given options only after you apply.
  • Doesn't offer HELOCs. The company doesn't offer HELOCs. Instead, it offers cash-out refinances for customers.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, Refinance
  Minimum credit score	Conventional: 620 FHA: 580 VA: 620 Jumbo: 700
  Minimum down payment (Conventional)	3%
  State availability	Available in all states
  NMLS #	3030

Based in Kansas City, Missouri, North American Savings Bank offers low-rate online mortgage loans nationally and in Arizona. The bank's goals are twofold: to take care of their customers’ needs and deliver competitive products.

NASB is one of the leading national mortgage lenders in the US, offering conventional, VA, FHA, Jumbo and IRA residential real estate loans. If you’re looking for a lender with low rates and online convenience, North American Savings Bank may be an ideal partner.

• Pros and cons

  Pros

  • Competitive rates and fees. NASB offers some of the most competitive rates in the country based on our research.
  • Informative website. Unlike many credit unions, the NASB website is clear to navigate, helpful and has a lot of information for borrowers, including current mortgage rates and a homebuyer toolkit.
  • Closing cost calculator. NASB offers a closing cost calculator to help estimate your closing costs before purchasing a home.

  Cons

  • Mobile app lacks features. NASB offers a mobile app, but customers complain about a lack of useful features.
  • No branches outside of Missouri. While the bank offers nationwide online lending, the bank only has mortgage loan offices in Kansas City, Missouri.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance
  Minimum credit score	Conventional: 620 FHA: 560 VA: 620
  Minimum down payment (Conventional)	3%
  State availability	Available in all states
  NMLS #	400039

Founded in 1990, Freedom Mortgage’s mission is to foster homeownership in America. The company specializes in helping borrowers buy a home or refinance regardless of their circumstances and is particularly focused on helping military members achieve the goal of homeownership.

In addition to offering some of the lowest FHA rates, Freedom Mortgage offers a Close On Time Guarantee. If the company doesn’t close your loan when promised, it will pay you the lesser of $1,000 or your first mortgage payment.

• Pros and cons

  Pros

  • Eagle Eye Program. This rewards program alerts you when rates drop, potentially enabling you to lower your monthly payment.
  • Useful mortgage calculators. The Freedom Mortgage offers calculators to help you calculate your payment under multiple home purchase scenarios.
  • Insurance integration. Freedom Mortgage partners with Matic Insurance to provide quotes from multiple top-rated carriers.

  Cons

  • No online application. The site doesn't offer an online application process. You need to contact a Freedom Mortgage loan officer to get started.
  • Certain loans not available. While offering a range of loans for first-time homebuyers, Freedom Mortgage doesn't offer renovation, reverse or HELOC loans.
  • Mixed reviews. The company has several complaints lodged on the BBB website related to poor service and communication.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, USDA, Refinance
  Minimum credit score	Conventional: 620 FHA: 540 VA: 580 USDA: 640
  Minimum down payment (Conventional)	3%
  State availability	Available in all states
  NMLS #	2767

If you want a company that puts customers first, look no further than Synergy One Lending. The company has a 4.9/5 rating on both Zillow and Google reviews, with customers reporting being extremely happy with the level of service and professionalism.

The company’s goal is to combine the best of human expertise with digital mortgage technology to create a Modern Mortgage Experience. You can either apply online or use Synergy One Lending’s S1 Connect app to get started.

• Pros and cons

  Pros

  • Digital application process. Synergy One Lending allows you to upload documents or link to your financial accounts for instant verification of assets.
  • S1 Connect app. The app lets borrowers apply for a loan, compare rates, send documents, eSign, track your application and communicate with your loan officer.
  • 10-day close offer. The company offers a 10-day close offer to help you compete with all-cash offers, but it's only valid for Fannie Mae purchase loans.

  Cons

  • Logins may be required. To use the optional account verification feature, you must provide login credentials to your financial accounts.
  • Don't list costs or fees. Synergy One Lending doesn't list its costs and fees on its website.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, USDA, Reverse, Refinance
  Minimum credit score	620
  Minimum down payment (Conventional)	3%
  State availability	AL, AR, AZ, CA, CO, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NE, NM, OH, OK, OR, SC, SD, TN, TX, UT, WA, WI, WY
  NMLS #	1907235

• Pros and cons

  Pros

  • Freedom lock. Gives you the opportunity to lock your interest rate and relock twice if rates improve. It's free for new purchase and refinance loans.
  • View rates online. Navy Federal Credit Union advertises their interest rates for a range of home loans, including the VA Streamline loan, which can be used to refinance a loan with minimal out-of-pocket costs.
  • No PMI required. The company offers several loan options that don't require PMI with less than 20% down.

  Cons

  • Must be a member. To qualify for a loan, you or one of your family or household members must have ties to the armed forces, DoD or National Guard.
  • Longer wait times. Due to a high volume of loan applications, it may take Navy Federal longer than other lenders to respond to your loan request.

• More details

  Loan products offered	Conventional, Jumbo, VA, Refinance, Home equity loan, HELOC
  Minimum credit score	Conventional: 620 Other loans: 580 or higher, depending on the loan type
  Minimum down payment (Conventional)	0%
  State availability	Available in all states
  NMLS #	399807

• Pros and cons

  Pros

  • Close On Time Guarantee. If your qualifying mortgage doesn't close on the date promised, Mr. Cooper will cover your first mortgage payment.
  • Digital convenience. Mr. Cooper has a useful mobile app that can be used to make payments, track your home's value and research refinancing options.
  • Doesn't sell its loans. While Mr. Cooper purchases loans from other companies, it will never sell your loan.

  Cons

  • Negative online reviews. The company doesn't have the most stellar reputation, with an average customer rating of 4.2/5 on ConsumerAffairs.com.
  • Fewer loans to choose from. Compared to other lenders, you may find the selection of loans more limited.
  • May be hard to contact. Customers report having difficulty contacting the company and resolving issues.

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, Refinance
  Minimum credit score	Conventional: 620
  Minimum down payment (Conventional)	5%
  State availability	Available in all states
  NMLS #	2119

Would you prefer a regional lender in Arizona? Since 1951, Pima Federal Credit Union has been serving the Greater Tucson community as a nonprofit cooperative. The credit union has nine branches in Pima and Apache counties with over 60,000 members.

To become a member, you must work for one of the businesses in the credit union’s employer group list. With so many businesses listed, chances are good you’ll qualify for membership if you’re an employee in Pima or Apache county.

• Pros and cons

  Pros

  • Many mortgage options. Pima Federal Credit Union offers a healthy range of home loans, including lot and construction loans.
  • Personalized and friendly service. It was easy to reach a loan representative, and we were provided with friendly service and quick answers.
  • Mortgage calculators available. The Pima Federal Credit Union website offers a range of mortgage calculators you can use, including a reverse mortgage calculator.

  Cons

  • Does not disclose fees. Pima Federal Credit Union doesn't list information about fees or closing costs on its website, but we learned it has low origination fees.
  • Not available in all counties. The credit union only has a presence in two out of 15 counties in Arizona (Pima and Apache).

• More details

  Loan products offered	Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance
  Minimum credit score	Conventional: 620 Jumbo: 740
  Minimum down payment (Conventional)	3%
  State availability	Only available in: AZ