Navy Federal Credit Union has been named a winner in US News & World Report‘s Best Loan Companies Ratings.

Navy Federal was chosen as the best mortgage lender by the publication. US News scored lenders based on several factors, including customer service ratings, interest rate, minimum down payment, minimum FICO score, online features, and product availability.

“Homebuyers and those seeking personal loans have a lot of choices in today’s market when it comes to finding a lender that’s right for them,” said Kim Castro, editor and chief content officer at US News. “Along with our informational content that educates consumers on the process of getting loans of all types, the new ratings provide a simple way for them to narrow down their options, ultimately saving them time and money.”

US News & World Report’s Top 10 mortgage lenders of 2020

  1. Navy Federal Credit Union
  2. Flagstar Bank
  3. Veterans United Home Loans
  4. Carrington Mortgage Services
  5. Guild Mortgage
  6. New American Funding
  7. Alliant Credit Union
  8. Caliber Home Loans
  9. Chase
  10. PNC Bank