Finding a beautiful home is only half your dream fulfilled. Owning it is the other half. It often requires more effort, especially in the financial department. Unless you have a lot of money to splurge, you will need a mortgage or home loan. However, getting a loan is a cumbersome process that involves going through multiple legal agreements, comparing the rates, and studying the terms and conditions. To make things easier, we have put together a list of mortgage lenders you can approach for hassle-free home loans.

Quicken Loans
Quicken Loans is a well-known mortgage lender and the largest loan originator in the country by volume. Its services are available nationwide, and you can even apply for home loans online through the company’s Rocket Mortgage mobile app. This service eliminates most of the hassles you would face with physical documents and verification. In addition, a majority of Quicken Loans’ processes are automated, which makes the application simpler and faster than most other mortgages. The company also offers competitive interest rates, making it one of the best lenders in the country.

Reali
Reali is the ultimate home-owning service. Using the app, you can buy or sell a property and even apply for a mortgage or home loan. In addition, you can choose and visit a property at your convenience, in person or virtually, by connecting with real estate agents in the area. The best advantage of signing up with Reali is that their agents do not take commissions. Even if your seller sets aside a commission, it will be credited back to your account in the form of a non-taxable rebate.

LoanDepot
LoanDepot makes the process of refinancing home loans efficient and hassle-free. So far, it has funded over $100 billion for mortgage loans and refinancing. The company is also well-known for offering the best rates by waiving off refinancing and other fees. Also, there is a no-steering policy that allows you to maintain perfect objectivity while selecting a loan. The lending officers at LoanDepot are helpful, and you can get all your doubts clarified quickly. But make sure your choice in loans is the best – look for those with lower monthly payments and better reimbursement options.

SoFi
Social Finance, or SoFi, started as a student loan refinancing company that now caters to personal financing, including mortgages and home loans. However, the company considers information other than just your credit score, such as your college degrees, earning potential, and repaying capacity. Therefore, you will need to fill a pre-qualification form, after which it is the usual process – pick a loan that suits you, and move on to the paperwork. Again, be aware that SoFi focuses on owner-occupied primary and secondary houses and not all investment properties. In addition, there is an origination fee – $1,500 for non-members and $500 for members.

New American Funding
New American Funding is an excellent lender. Unlike most others who approve and deny home loans based on computer algorithms, New American Funding looks at each application manually, considering more than credit ratings. Savings, high income, and a minimum of 580 ratings are prerequisites for obtaining a loan from New American Funding. If you pay your mortgage on time, it will improve your credit score and be useful for other future loans, credit card applications, making it an excellent choice for those with low credits.

Citi HomeRun
Citi’s HomeRun is family-focused and enables you to save up to 20% in down payments. Also, there is no mortgage insurance, and you can even include money from holiday gifts and contributions from friends or family in your down payment, which other lenders are typically skeptical of. While most forgiving programs like these have higher interest rates, Citi’s rate is comparable to most conventional mortgages.

Loans are legal agreements, so remember to understand the contract thoroughly before signing it. Consider a credit monitoring system to keep yourself on track and avoid errors in credit reports.