Choosing a mortgage company can have an enormous effect on the value and quality of a loan. Different companies offer very different mortgage rates, so there's no right option when it comes to selecting an institution for a new mortgage or a refinance.

Different Options Offered By Mortgage Companies

Lenders often vary in the types of home loans that they offer to first time buyers. Some mortgage companies exercise more control over their variable rate mortgage options, for instance, to lower the chances of default. Others may offer lower mortgage interest rates based on dozens of factors, including the buyer's age and occupation. While mortgage companies use similar data to decide rates, they can interpret this information very differently, so a buyer who is accepted by one lender may be denied by another.

Mortgage companies also offer different mortgage refinancing options, some of which are better suited to certain types of homeowners. For example, some institutions will refinance a home with little to no equity while others will refuse such a request. Lenders may also have varying levels of involvement in different government programs such as the Making Homes Affordable program.

Finding An Appropriate Mortgage Company

Home mortgage rates vary greatly, as do the types and quality of services offered by lenders. For the best possible results, homeowners and buyers should evaluate offers from multiple lenders before deciding how to buy or refinance a home. Looking at things like a mortgage company's size, customer service record and the types of loans that it offers can make it much easier to select an appropriate option and can drastically improve the value of a loan, saving a homeowner hundreds or even thousands of dollars over the life of a mortgage.


Advance Mortgage

Since 1989, Advance Mortgage has been providing residential loan services to customers nationwide. Whether conventional, FHA, VA or USDA financing is appropriate, Advance has highly qualified and knowledgeable loan officers and support staff to give clients the advice and guidance they need to make an informed choice.

For many, a home purchase is the single most important investment they will make and having a company that prides itself on making exceptional customer service job number one makes the process easier and more straightforward. Advance Mortgage offers great rates, great programs and true dedication to providing the best loan experience possible.

Americash Mortgage Banking

Established in 1998, Americash is known as one of the Nations top originators of residential mortgages. Americash pursues cost effective advertising, primarily through the internet, and passes the savings through to the consumer in the form of lower rates and fee's.

Americash’s objective is very simple – provide homeowners and potential homeowners with low cost, competitively priced mortgage products, and back those products with excellent service. Our centralized lending operation, extensive use of technology and cost-effective advertising methods give Americash a lower cost structure than most other lenders. Compare our rates and our closing costs to other lenders and we believe you will be glad you found us.

Aurora Bank

Combining superior customer service with a full line of retail, business and commercial banking services, Aurora Bank provides an exceptional banking experience. Founded in 1921, Aurora Bank now has offices in seven states including New York and California.

Checking and savings accounts, CDs, mortgages and money market accounts are all readily available for retail clientele. Commercial clients can rely on Aurora Bank to provide any and all business services including bond administration and loan servicing.

For over 90 years, Aurora Bank has aimed to provide the best customer service in banking.

BNC National Bank

BNCCORP, INC. (OTC Markets: BNCC), headquartered in Bismarck, N.D., is a registered bank holding company dedicated to providing banking and wealth management services through its subsidiary BNC National Bank, to businesses and consumers in its local markets. BNC operates community banking, mortgage banking and wealth management businesses in Arizona, Minnesota and North Dakota and also conducts mortgage banking from locations in Illinois, Kansas, Missouri and Nebraska.

First Internet Bank

With over $500 million in assets, First Internet Bank of Indiana (First IB) is the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs and IRAs. First IB also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. First IB is a wholly owned subsidiary of First Internet Bancorp.

Integrity First Financial Group

Based in San Diego, Integrity First Financial Group Inc. is one of the leading Certified Upfront Mortgage Lenders in the US. We provide consumers with the most strategic and individually sound mortgage solutions at no obligation or upfront cost. Disenchanted with an industry mired in unethical practices, we work under the guiding principle that integrity is first and foremost, and vigilantly advocate for the consumer’s right to fully disclosed mortgage options. Our enhanced operational processes, personalized service and high volume allow us to deliver lower than industry average rates and fully disclosed loan programs, placing the purchasing power in the buyers’ hands, not the banks’. As a recognized Green Business Partner and member of the Better Business Bureau (BBB), we have used innovative, service-oriented business practices to get the consumer the lowest mortgage interest rates possible.

National Bank of Kansas City

The National Bank Of Kansas City was formed by a group of Kansas City businessmen who agreed there was a need for a strong, nationally chartered bank with a warm, neighborhood approach to customers and small businesses. The National Bank of Kansas City received its charter on March 29, 1999, and officially opened its doors the next day. The charter group of employees pledged to treat every customer with respect and regularly reward them by running the National Bank of Kansas City with efficiency, integrity and honesty

North American Savings Bank

North American Savings Bank was founded in 1927. For over three-quarters of a century North American Savings Bank has been of service to retail and commercial banking customers with locations throughout Missouri. Today, we are a national lender providing home loans in all 50 states and the District of Columbia. We are also one of the top Internet real estate lenders in the United States. NASB's banking services include: long-term and short-term savings, checking accounts, online bill paying, mortgages, construction loans, personal loans and other investment opportunities. NASB prides itself on educating their customers and has provides information on their Web site about CDs, loans and other investments bank customers can make through NASB. Customers are encouraged to use the live chat function to get their banking and investment questions answered.

Ovation Home Loans

Ovation Home Loans, a division of Carnegie Mortgage, LLC, was established in 2002 as a specialized commercial and residential lender.

Ovation Home Loans provides a number of product and services including:
- Pre-approval for mortgages
- Refinancing services
- Detailed explanations of mortgages
- FHA mortgages, which gives the home owner financial freedom due to owning a federally insured home
- Fixed rate refinancing, for homeowners for whom the FHA programs are not a good fit
- ARM with fixed rate periods, allowing homeowners to save money in the early stages of home ownership
- VA loans

Quicken Loans

Revolutionizing the mortgage industry is Michigan-based Quicken Loans. Founded in 1985 by Dan Gilbert, Quicken Loans has swiftly built itself into one of the most premiere mortgage banks in America. Inspired by the Internet, the company offers online assistance in mortgage loan applications for home purchases, investment properties, new construction and refinancing. Customers can also reach a loan consultant by phone or at one of their Michigan or Arizona locations. With mortgage approvals in minutes, Quicken Loans funded over $29 billion in loans in 2010. They offer to be a customer's Lender for Life with loans engineered to amaze.

RMC Vanguard Mortgage

RMC Vanguard Mortgage is a direct lender with a reputation built over many years and from a long list of satisfied clients. We provide mortgage loans for purchase transactions and refinances in over twenty states. Our process is tailored to the needs of prime credit clients who expect great rates, competitive fees and award-winning customer service.

Founded in 1996, RMC Vanguard was originally started by Owen Raun and Eric Kugler in Houston, Texas. Today we have grown into one of the most respected names in the mortgage industry. By listening to our clients needs and with a commitment to constant improvement, we continue to stay on the edge of consumer direct lending.

RoundPoint

RoundPoint Mortgage Company (RMC), headquartered in Charlotte, NC, started in 2007 in response to the economic crisis precipitated by subprime loans. Round Point Financial Group, of which RMC is a subsidiary, realized that consumer demand for real estate loans would increase, while the capacity of the industry to provide those loans would diminish. In order to be in a position to fill the coming void, Round Point Financial seized the opportunity and created RMC to provide a means to refinance home mortgages, allowing customers to retain home ownership. Round Point Financial is part of the 30-year-old Tavistock Group.