3 Best Mortgage Lenders in West Virginia

Ally Bank is an online bank founded in 2009 in Detroit. Formally known as GMAC. Ally provides conventional banking products and services and charges no lender fees.

• Pre-Approval Speed: 3 minutes
• Credit Score: 620 for all typical loans and 700 for Jumbo loans
• Interest Rate: Same as National Average (7%)
• Days to Close: 35-45 days
• Types of Loans:
  • Conforming
  • Jumbo
  • Refinance

What You Need to Know about Applying for a Mortgage from Ally,com –

• How to apply: After completing the online application, upload, sign, and submit the required documents. Application to closing can take weeks to months. Only in-person closings are allowed.

Ally Bank has 3.75 out of 5 stars on Consumer Affairs.

Nationwide Coverage: Ally.com is available in 45 states and Washington, D.C. Home loans from Ally are not available in the states of Hawaii, Massachusetts, New Hampshire, Nevada, and Virginia.

Rocket Mortgage is an online mortgage lender and is quite popular for refinances. In 2021, Rocket Mortgage achieved $1 billion in annual closed loan volume and became the biggest mortgage lender in the U.S.

• Pre-Approval Speed: 8 minutes
• Credit Scores against Loan Types:
  • 580 – FHA, VA
  • 620 – Conventional
  • 680 – Jumbo
• Interest Rate: Same as National Average (7%)
• Days to Close: 47 days
• Types of Loans:
  • Offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
    
  • Doesn’t offer USDA, home equity, HELOCs, land loans, or loans to purchase foreclosures

What You Need to Know about Applying for a Mortgage from Rocketmortgage.com –

• How to apply: Online via rocketmortgage.com website or in-person at one of the 4 branch offices in Charlotte, Cleveland, Detroit and Phoenix.

Rocket Mortgage has 4 out of 5 stars on Consumer Affairs.

Nationwide Coverage: Rocketmortgage.com is available in 50 states.

Better Mortgage is an online platform that helps home buyers get a mortgage for new homes, refinances, etc. With its fast closing time, and highly intuitive digitized interface, Better.com offers a seamless mortgage application process.

• Pre-Approval Speed: 20 minutes
• Credit Score: 620
• Interest Rate: Lower than National Average (7%)
• Days to Close: 32 days
• Types of Loans:
  • Better.com offers fixed- and adjustable-rate conventional and jumbo loans, FHA loans
    
  • Better.com doesn’t offer VA and USDA loans

What You Need to Know about Applying for a Mortgage from Better.com –

• How to apply: Online via better.com website

Better Mortgage has 4.3 out of 5 stars on Trustpilot.

Near-Nationwide Coverage: Better.com is helping home buyers get mortgages in 47 states.