If you’re in the market for an FHA loan, our study analyzed three years of federal mortgage data alongside customer reviews across BBB, Trustpilot, Bankrate and Zillow to find the 10 best FHA lenders. Our methodology weighs each lender on how many FHA loans they actually close, the rates they close at, how satisfied their customers are and how much of their purchase lending is dedicated to FHA lending versus other loan types.

The 10 lenders that ranked highest include:

1. loanDepot
2. Rocket Mortgage
3. CMG Mortgage (CMG Financial)
4. Fairway Independent Mortgage Corporation
5. Guild Mortgage
6. New American Funding
7. CrossCountry Mortgage
8. Neighbors Bank
9. Rate (formerly Guaranteed Rate)
10. Stockton Mortgage

Learn more about these top 10 FHA lenders to help you narrow your search for an FHA loan. 

1. loanDepot

Why it stands out: 

• loanDepot posted the lowest average FHA interest rate of any lender on this list, at 6.067%.
• It closed more than 36,000 FHA purchase loans over the past three years, with FHA loans making up about 30% of its purchase business.
• Customer reviews average 4.16 out of 5, a solid score for a lender of its size.
• loanDepot offers mello smartloan, a digital mortgage platform designed to digitally connect and verify a borrower’s income, employment and assets.

2. Rocket Mortgage

Why it stands out: 

• Rocket Mortgage closed more than 70,000 FHA purchase loans over the past three years, the highest volume of any lender on this list.
• FHA loans make up less than 19% of its purchase business, reflecting its position as the largest retail mortgage lender in the country.
• Its customer experience score came in at 3.56 out of 5.
• Rocket offers a largely digital process, giving FHA borrowers an online-first mortgage experience.

3. CMG Mortgage

Why it stands out: 

• CMG Mortgage posted a customer experience score of 4.28 out of 5, among the highest on this list.
• The California-based independent lender closed nearly 31,000 FHA purchase loans over the past three years, with FHA loans making up about 22% of its purchase business.
• CMG also offers an All In One Loan, an offset mortgage that lets a borrower’s everyday banking deposits reduce the loan’s principal balance and the interest charged, giving borrowers a way to potentially pay down their mortgage faster. 

4. Fairway Independent Mortgage Corporation

Why it stands out: 

• Fairway closed more than 47,000 FHA purchase loans over the past three years, with FHA loans making up about 24% of its purchase business.
• Its customer experience score of 4.21 out of 5 lands among the stronger scores in the study.
• Fairway operates through individual loan officers nationwide, which may appeal to borrowers who want in-person guidance through the FHA process.

5. Guild Mortgage

Why it stands out: 

• Guild closed more than 44,000 FHA purchase loans over the past three years, with FHA loans making up about 26% of its purchase business.
• Its published minimum credit score of 540 is among the most flexible on this list, opening FHA lending to borrowers who might not qualify elsewhere.
• Its customer experience score of 3.19 out of 5 is on the lower end of the top 10, worth weighing against that added flexibility.
• Guild also offers a Zero Down program that pairs an FHA mortgage with a second loan to cover the down payment and closing costs for qualifying borrowers with a 600+ credit score.

6. New American Funding

Why it stands out: 

• New American Funding posted a customer experience score of 4.71 out of 5, the second-highest on this list.
• It closed nearly 28,600 FHA purchase loans over the past three years, with FHA loans making up about 32% of its purchase business, the third-highest share on this list.
• The lender is licensed in all 50 states plus Washington, D.C. and Puerto Rico, and pairs its FHA program with its own down payment assistance offering for qualifying borrowers.

7. CrossCountry Mortgage

Why it stands out: 

• CrossCountry closed nearly 55,000 FHA purchase loans over the past three years, the second-highest volume on this list.
• FHA loans make up about 22% of its purchase business.
• Its customer experience score of 2.61 out of 5 is the lowest among this list’s top 10, worth weighing against its scale and program variety.
• CrossCountry backs its FHA program with a lineup of down payment assistance options, including forgivable second-mortgage programs like Chenoa Fund and Essex that eligible first-time buyers can pair with an FHA loan to cover their down payment. 

8. Neighbors Bank

Why it stands out: 

• FHA loans make up more than half of Neighbors Bank’s purchase business, the highest share on this list, even though its overall volume of roughly 4,500 FHA purchase loans over three years is the smallest of the top 10.
• Its customer experience score of 4.77 out of 5 is the highest on this list.
• Neighbors Bank FHA purchase loans can be supported with down payment assistance programs to help buyers with down payments and closing costs. 
• Neighbors Bank lends in nearly all states and borrowers can use its online portal for document sharing, getting the digital experience of a larger lender, without giving up the expertise of an FHA-specialized firm. 

9. Rate (formerly Guaranteed Rate)

Why it stands out: 

• Rate closed more than 25,000 FHA purchase loans over the past three years, with FHA loans making up about 17% of its purchase business.
• Its customer experience score of 3.48 out of 5 lands toward the lower end of this list.
• Rate also offers a digital HELOC that can fund in as little as five business days with remote online closing and an online application that takes about 10 minutes, giving FHA borrowers a fast option to tap equity for renovations or other costs later on.

10. Stockton Mortgage

Why it stands out: 

• Stockton posted a customer experience score of 4.58 out of 5, the third-highest on this list.
• The Kentucky-based lender closed roughly 6,500 FHA purchase loans over the past three years, with FHA loans making up nearly 38% of its purchase business, the second-highest share on this list.
• As a smaller regional lender, Stockton’s FHA program includes two tiers of 203(k) renovation financing, one for minor updates and one for larger structural work, giving borrowers buying a fixer-upper more than one path to financing repairs into the purchase.

Choosing the Right FHA Lender for You

FHA loans carry more moving parts than a typical conventional purchase: mortgage insurance that doesn’t always drop off, minimum property condition standards and credit-score overlays that vary by lender. Ask lenders about their experience handling FHA loans, not just if they happen to offer the program. 

Your credit score and down payment amount are directly linked under FHA guidelines, so it’s worth confirming exactly where you fall on that scale with more than one lender, since a difference of even a few points can change your down payment requirement significantly. 

When comparing lenders, service quality, responsiveness, how clearly they communicate and how smoothly they handle the closing process can matter just as much as the numbers on paper, especially for a purchase loan with a tight timeline. 

Getting quotes from a few lenders on this list, rather than relying on rankings alone, can help you find the right balance of flexibility, rate and service for your situation. 

Frequently asked questions

Are FHA loans hard to get approved for?

FHA loans may be easier to qualify for than conventional loans. FHA loans allow credit scores as low as 500 with a 10% down payment, or 580 with 3.5% down, though lender criteria vary. The less stringent requirements are why FHA loans are common among first-time buyers and borrowers rebuilding their credit.

Who are FHA loans best for? 

FHA loans tend to make the most sense for borrowers with limited savings for a down payment, a shorter credit history or a credit score that would make conventional financing more expensive or unavailable.

What disqualifies you for an FHA loan?

A credit score below 500 rules out FHA financing entirely, and a debt-to-income ratio that’s too high relative to your income can also stand in the way. That said, FHA guidelines allow more flexibility than many conventional programs, especially if there are compensating factors like cash reserves. 

FHA loans are limited to primary residences and require the property to meet minimum safety and condition standards as well, which could create an additional hurdle for some properties.

What disqualifies you for an FHA loan?

A credit score below 500 rules out FHA financing entirely, and a debt-to-income ratio that’s too high relative to your income can also stand in the way. That said, FHA guidelines allow more flexibility than many conventional programs, especially if there are compensating factors like cash reserves. 

FHA loans are limited to primary residences and require the property to meet minimum safety and condition standards as well, which could create an additional hurdle for some properties.

How is an FHA loan different from a conventional loan?

FHA loans are different from conventional loans because they are a government-backed program. That backing allows for more credit flexibility and down payments as low as 3.5%, but FHA loans require mortgage insurance regardless of down payment size, including an upfront premium that borrowers can finance into the loan. Conventional loans can avoid mortgage insurance altogether with 20% down, or drop it once enough equity builds up, something FHA loans don’t always allow.

Methodology

This ranking is based on Home Mortgage Disclosure Act (HMDA) data covering 30-year fixed FHA purchase loans originated between 2023 and 2025, excluding reverse mortgages and lenders whose lending is concentrated primarily in Puerto Rico. Neighbors Bank’s data was provided manually and is not included in the public HMDA dataset. Lenders below a minimum volume threshold in 2025, as well as wholesale, builder-captive, realtor-captive, correspondent-only and commercial lenders, were excluded. Each lender was scored on four weighted factors: loan volume (30%), average interest rate (30%), customer experience (25%) and FHA loan mix as a share of total purchase lending (15%). 

Customer experience scores reflect the average rating across whichever of BBB, Trustpilot, Bankrate and Zillow a lender has a public profile on; a missing platform does not help or hurt a lender’s score. Minimum credit score details in each lender’s at-a-glance summary reflect that lender’s own publicly disclosed overlay where one exists. Where a lender does not publicly disclose its own credit score requirement, we’ve noted that instead of citing FHA’s national floor as if it were the lender’s policy. 

Average rate figures reflect each lender’s 30-year fixed FHA purchase loans originated between 2023 and 2025 and can vary widely from what an individual borrower is quoted, since rate depends on credit score, down payment size, points and credits and other factors specific to each loan. A lender with a higher average rate in this data isn’t necessarily more expensive for a given borrower once those factors are accounted for. All figures are subject to change.