An essential step in the home buying process is looking for hassle-free home loans for many of you. It is, of course, quite understandable as buying a house is certainly, one of the major purchases you make in your life. Hence, you must be careful in searching for lenders to ensure that you get hassle-free home loans at minimum cost. This will help you save money and make the home buying process relatively straightforward. Through this guide below, we will help you find some of the best mortgage lenders. So let us get started and address them one by one.

1. Chase
Chase is one of the leading mortgage lenders, thanks to its versatile loan programs and competitive interest rates. Their closing speed is quite fast, and Chase is perfect for lenders with a smaller down payment. With the DreaMaker mortgage, lenders get a low down payment option with flexible income and credit requirements. Their plans can also help borrowers with a low credit score. Upon completing the homebuying education course, the DreaMaker borrowers can also get $500.

Further, the lender offers their existing customers’ relationship discounts at lower rates and reduced processing fees. Their mortgage services are available in Washington D.C. and 48 American states. Unfortunately, people from Alaska and Hawaii cannot access their services.

2. Quicken Loans
Quicken Loans is one of the top lenders offering hassle-free home loans, and for a reason. The platform has a nationwide footprint. Moreover, the loan application process is also relatively straightforward. In addition, they have competitive interest rates. Customers particularly appreciate its online lending application process. It takes away all the hassles usually found in traditional mortgage lending, such as typing in a list of all the accounts and heavy physical paperwork. With Quicken, all of your data is automatically extracted when you connect your bank accounts.

3. LendingTree
Next on our list is LendingTree. Their simple quote comparison process and a vast network of lenders make it one of our top picks in companies offering hassle-free home loans. You can compare the loans and lender offers from more than 1500 lenders on their platform, following their simple three-step process. All you have to do is answer a bunch of questions, compare the listed offers simultaneously, and finally discuss the options with a loan officer. Before granting you approval, the company will inquire about your debts, education, assets, social security number, income, and your job and occupation length. LendingTree will also perform a quick credit check. They use the FICO score, and based on your credit score, they will put together a preliminary quote and match you with the five top lenders in their network. They also have many resources regarding loans and mortgages to simplify your understanding of the subject.

4. Flagstar Bank
With Flagstar, you can access all the prevalent mortgage options – government-backed loans, construction loans, jumbo loans, and conventional loans at their branch locations in Wisconsin, Ohio, Indiana, and Michigan, and online. In addition, the minimum credit score requirements for some of their loans is quite low, which is an incredible incentive for first-time mortgage borrowers who aspire to boost their credit score. Flagstar bank also has several discount programs. For instance, people whose employers already have a relationship with Flagstar are eligible for special benefits. In addition, veterans, first responders, returning customers, and active military personnel also get some added benefits. They are available in all 50 American states.

5. SoFi
Social Finance or SoFi commenced as a student loan refinancing company. However, over time, they expanded their services to several other areas of personal finance, including home loans. A great thing about SoFi is that it looks beyond your credit score when granting you a loan. So, other valuable factors, such as your earning potential and educational background, are also considered. For getting loan approval, you will have to pass their pre-qualification stage, which takes only two minutes for completion and has no impact on your credit score. Following this, you can select your loan and get started with the paperwork.