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9 best mortgage lenders in Georgia

If you’re house hunting, here are the Peach State’s shining mortgage stars.

From Atlanta to Augusta and Athens to Okefenokee, Georgia has some of the country’s most attractive real estate markets. If you’re thinking about planting some roots in the southeast, start by comparing the best mortgage lenders in Georgia.

What are the best mortgage lenders in Georgia?

Why we selected these lenders

The nine lenders on this list were chosen based on several factors, including their fees, interest rates, loan amounts, mortgage options and minimum requirements. We also weighed customer reviews from Trustpilot, Zillow, WalletHub and the Better Business Bureau (BBB), among other sites. Read more about Finder’s rating methodology.

Best online experience

Better

See rates
on Better's secure site

Most of the major mortgage lenders in Georgia have full-featured websites, but few of them are as intuitive as Better’s online experience. Regardless of whether you use a laptop or smartphone to access Better’s website, you’ll likely find it easy to use.

And aside from Better’s web presence, this mortgage lender also provides home loans that don’t require you to pay an origination fee. Plus, Better can price-match competitors in case a different lender offers you a better deal.

Best for a wide range of credit scores

Rocket Mortgage

See rates
on Rocket Mortgage's secure site
If your credit score isn’t anything to write home about, you could run into trouble when trying to buy a home in Georgia. Fortunately, Rocket Mortgage by Quicken Loans has flexible requirements that put homeownership in reach for borrowers with below-average credit scores. Even if your FICO score is 580, you can still qualify for a home loan through Rocket Mortgage. And this lender also offers home loan options you won’t find with some of the regional lenders on this list.

Best marketplace

LendingTree

See rates
on LendingTree's secure site
Unlike the other names on this list, LendingTree is a mortgage marketplace that can instantly give you an overview of several Georgia lenders all at once. After answering a few questions on LendingTree's website, you'll be presented with a list of lenders and their mortgage rates, making it easy for you to quickly determine which companies are the best match for your needs. LendingTree can save you a considerable amount of time when shopping for a mortgage in Georgia, but it also shares your contact details with solicitors — so be ready for some potentially unwanted calls and emails.

Best for low rates

Bank of America

A low-interest rate is among the most important factors hopeful homeowners look for when choosing a lender. And in the state of Georgia, Bank of America (BoA) offers some of the lowest rates available.

By locking in a low rate with BoA at the right time, you could save tens of thousands of dollars over the life of your loan. And as one of the country’s oldest and largest financial institutions, this lender has more than 100 years of experience helping customers.

Ameris Bank

Founded in 1971 as American Banking Company, Atlanta-based Ameris Bank now has more than 200 branches across the Southeast. Ameris is wildly popular with homeowners in and around Georgia, and the company prides itself on making the mortgage process easy for customers. This bank offers several perks you won’t find with other local lenders on this list.

Best for refinancing

AmeriSave

See rates
on AmeriSave's secure site
Based in Atlanta, AmeriSave stands out from the other lenders on this list because it’s more focused on refinancing loans than processing conventional mortgages. As long as your home’s current value is greater than the amount still owed on the mortgage, AmeriSave can likely refinance your loan at a lower interest rate. AmeriSave also has a smooth online experience and mostly positive reviews, making it an excellent choice for homeowners looking to save money.

Best for first-time homebuyers

Freedom Mortgage

Buying your first home can seem like an enormous undertaking if you’re unsure about where to begin. But the team at Freedom Mortgage might be able to make the process easier than you imagined. This lender offers FHA loans for first-time homebuyers — even those with bad credit or low-to-moderate income levels.

Best for customer service

Guaranteed Rate

It’s always nice to score a low interest rate or qualify for reduced fees when getting a mortgage, but quality customer service can be even more critical. And when it comes to mortgage lenders in Georgia, Guaranteed Rate might offer the best customer service in the state.

Based on roughly 11,000 reviews on Zillow, Guaranteed Rate has an exceptional score of 4.96 out of 5. And besides offering world-class support, this lender also offers some of Georgia’s most attractive mortgage rates.

Best regional lender

Delta Community Credit Union

Founded in 1940 by eight Delta Air Lines employees, the Delta Employees Credit Union has since evolved into the Delta Community Credit Union and grown to become the largest credit union in all of Georgia. In addition to a full suite of banking services, the Delta Community CU also offers mortgages. And compared to other lenders headquartered in Georgia, few of them can hold a candle to this esteemed institution.

How do I choose the best lender for me?

There are hundreds of mortgage lenders in Georgia, and choosing the right one can feel overwhelming. To help you narrow down your options, keep these tips in mind:

  • Check reviews. If you’re unsure about a particular lender, read recent reviews to see what previous customers experienced.
  • Collect more than one preapproval. By collecting several estimates, you’ll have more leverage when dealing with lenders.
  • Always bargain. Never accept an offer without trying to talk the lender down to a lower rate.
  • Don’t skim the paperwork. Read every word of the loan agreement before signing it, and ask questions to clarify anything unclear to you.

Compare mortgage lenders

Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.

Name Product Loan products offered State availability Min. credit score
Rocket Mortgage
(NMLS #3030)
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
620
Streamline your mortgage from quote to final payment — all from your computer or phone.
AmeriSave
(NMLS #1168)
AmeriSave
Conventional, Jumbo, FHA, VA, USDA, Refinance
Not available in: NY
620
Great customer reviews and customized rate quotes in three minutes with no SSN needed.
SoFi
(NMLS #1121636)
SoFi
Conventional, Home equity, Refinance
Not available in: HI, MO, NM, NY
620
No hidden fees, multiple loan terms, and member discounts available.
Veterans United
(NMLS #1907)
Veterans United
Conventional, FHA, VA, USDA, Jumbo, Refinance
Available in all states
620
Veterans United stands out from other lenders for its focus on serving the military community.
Better
(NMLS #330511)
Better
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
620
Online preapproval in minutes and no origination fees with this direct lender.
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Average rates and fees in Georgia

As of October 15, 2020, the average mortgage rate in the US is 2.81%, but it’s currently slightly higher in Georgia. According to the Consumer Financial Protection Bureau (CFPB), the mortgage rate on 30-year fixed-rate mortgages in Georgia averages 3%.

And while closing costs in the US typically range between 2% and 5%, closing costs in Georgia averaged only 1.58% of the sales price according to 2019 data from ClosingCorp. Continue researching mortgage rates in Georgia or compare closing costs in Georgia for more information.

Should I use a broker?

Aside from LendingTree, this list only features direct lenders in Georgia because they’re the only ones that can approve and finance home loans. If you’d like someone to research your options for you, you might consider working with a broker. Be careful, though, because not all brokers have your best interests in mind.

While most brokers are trustworthy, some may attempt to charge you unnecessary fees that go straight into their pockets. To find the best brokers in Georgia, compare their rates and read customer reviews to ensure you’re dealing with someone you can trust.

Bottom line

There’s something to like about each of the best mortgage lenders in Georgia, but not all of them will be a perfect match for you. Consider your unique needs, then choose the lender best suited to meet them. Start the application process today, or continue exploring your mortgage options.

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