Working with the best online mortgage brokers makes the entire application process of acquiring a home loan or mortgage swift and easy. The entire process usually happens without any face-to-face interaction. Online mortgage broker companies don’t have branch locations; instead, they operate exclusively online.
Should you use an Online Mortgage Broker?
Whether or not you should consider using an online mortgage broker actually depends on your circumstances and the kind of service you want.
For straightforward cases, particularly if you're looking to remortgage, using an online mortgage broker can be a very quick and easy option, especially if you work unsociable hours and would struggle to find time to talk to a traditional broker.
If your circumstances are more complicated, however, you might benefit from having tailored support from an expert mortgage advisor earlier on in the process.
List of Best Online Mortgage Brokers 2025
To assemble our list of the best online mortgage brokers, we’ve reviewed over 80 lenders for affordability, availability and borrower experience. Here are our top picks for 2025.
Better
Why we chose Better
Better offers mortgages for home purchases and refinancing, as well as connections to real estate agents and attorneys, title and closing services and homeowners insurance. Its perks include no fees and the “One Day Mortgage,” a process that turns around an underwriting decision in a breezy 24 hours.
Lender details
Nationwide availability: All U.S. states
Loan products: Conventional, FHA, VA, refinancing and more
Credit requirements: 620 for conventional loans, 580 for FHA loans, 620 for VA loans
Down payment requirements: 3% for conventional loans, 3.5% for FHA loans, none for VA loans
Pros
Mostly online, with daily online rates, three-minute preapprovals and hybrid closings
No fees
Price Guarantee matches or beats competitor offers
Cons
No USDA loans
No branch locations
Tomo
Why we chose Tomo
This newer entrant to the mortgage space touts itself as a nimble, customer-friendly lender. It offers competitive mortgage rates, with below average APRs, and claims customers save an average of $2,000 on closing costs relative to other lenders.
Lender details
Nationwide availability: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin
Loan products: Conventional, jumbo, FHA, VA and more
Credit requirements: 580 for conventional loans
Down payment requirements: 3% for conventional loans, 3.5% for FHA loans, none for VA loans
Pros
No origination or processing fees
Displays mortgage rates online
Offers a rate Lock and Shop policy and a price-match guarantee
Does e-closings and remote notarization
Cons
No USDA loans
Doesn’t offer refinancing
Standard rate lock is only 30 days
Zillow Home Loans
Why we chose Zillow Home Loans
Zillow Home Loans boasts an easy-to-navigate, information- and tool-packed website. It also offers special programs, such as one that lets qualifying buyers put 1% down on their loan.
Lender details
Nationwide availability: Available in all U.S. states except New York
Loan products: Conventional, jumbo, FHA, VA, refinancing
Credit requirements: 620 for conventional loans
Down payment requirements: 3% for conventional loans, 3.5% for FHA loans, none for VA loans
Pros
Wide variety of loan products
Work with an assigned loan officer
Online resources including calculators and checklists
Cons
Doesn’t consider alternative credit data
Doesn’t offer home equity loans or lines of credit
Fewer customer service contact methods than other lenders
Sage Home Loans
Why we chose Sage Home Loans
Sage Home Loans is a direct digital mortgage lender working with borrowers in the majority of states in the U.S. It charges flat fees for origination and processing and tends to offer APRs below market average.
Lender details
Nationwide availability: Available in all U.S. states except for Delaware
Loan products: Conventional, jumbo, FHA, VA, refinancing
Credit requirements: 620 for conventional loans, 580 for FHA loans
Down payment requirements: 3% for conventional loans, 3.5% for FHA loans, none for VA loans
Pros
Dedicated loan officer works with borrowers throughout the entire process
Offers verified preapprovals
Most mortgages close within 27 days
Cons
Doesn’t offer home equity lines of credit (HELOCs) or home equity loans
Bison State Bank
Why we chose Bison State Bank
Bison State Bank is a national lender with competitive rates and a variety of loan offerings — and, unlike other lenders, it doesn’t charge an origination fee.
Lender details
Nationwide availability: All U.S. states
Loan products: Conventional, jumbo, FHA, VA, USDA, refinancing and more
Credit requirements: 620 for conventional loans, 580 for FHA loans, 580 for VA loans
Down payment requirements: 3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans
Pros
Customized online quote tool
No origination or hidden fees
Available nationwide
Cons
Standard rate lock period is 30 days
Not as many contact methods as other lenders
LowRates.com
Why we chose LowRates.com
LowRates.com strives to offer exactly what its website promises: lower rates. It stands out for its 24-hour loan center, speeding up the loan approval and closing process for borrowers. It works with applicants in most states and some U.S. territories.
Lender details
Nationwide availability: All U.S. states except for Georgia and Massachusetts
Loan products: Conventional, jumbo, FHA, VA, refinancing and more
Credit requirements: 620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 500 for VA loans
Down payment requirements: 3% for conventional, 3.5% for FHA loans, none for VA loans
Pros
Has a 24-hour loan center to accommodate fast loan approvals
Closings in as few as 20 days
Down payment assistance available
Cons
Sun West Mortgage branch locations only available in some states
No mortgages in Georgia or Massachusetts
Choosing from the list of best online mortgage brokers available can save you a lot of stress not to mention your money and time.