Find the Best Mortgage Lender for Your Home Loan

Most conventional lenders require a minimum credit score of 620, though FHA loans may accept scores as low as 580. For the best rates, aim for 740 or higher. Amerisave works with a wide range of credit profiles and can help you understand your options.

Your borrowing capacity depends on your income, debts, credit score, and down payment. Most lenders use a debt-to-income ratio of 43% or less. Getting pre-approved gives you a clear picture of your budget before house hunting.

The interest rate is the cost of borrowing the principal loan amount. APR (Annual Percentage Rate) includes the interest rate plus other costs like origination fees and points, giving you a more complete picture of the total cost.

In our testing, Amerisave consistently offered the lowest rates, fastest pre-approval process, and most transparent fee structure. Their digital-first approach saves time, and their customer satisfaction scores are among the highest in the industry.

A Home Equity Line of Credit (HELOC) is a revolving line of credit secured by your home. During the draw period (typically 5-10 years), you can borrow as needed and only pay interest on the amount drawn. After the draw period, you enter repayment where you pay both principal and interest. HELOCs offer flexible access to funds without refinancing your existing mortgage.

Yes. While traditional banks often require consistent W-2 income, lenders like Amerisave accommodate non-traditional income sources including commission-based earnings, self-employment income, and variable revenue. They evaluate long-term earning patterns rather than requiring month-to-month consistency, making them a strong choice for real estate agents, entrepreneurs, and freelancers.