Best mortgage lenders in Florida in 2025

Florida’s housing market is diverse, encompassing everything from modest homes in rural regions to multimillion-dollar mansions and high-rises in Miami. Overall, though, median home prices in the Sunshine State are higher than the national median and have been increasing over the past year, according to Redfin. If you’re hoping to buy a home here, comparing mortgage lenders is key. Here are Bankrate’s picks for the best lenders in the state.

If you’re hoping to buy a home here, comparing mortgage lenders in Florida is key. Here are some of the best lenders in the state that have earned high marks from Bankrate and positive feedback from borrowers:

Best mortgage lenders in Florida

Bethpage Federal Credit Union

Rating: 4.9 stars out of 5

4.9

Learn more in our Bankrate review

• Lender details

  • Availability: All U.S. states except Texas
  • Loans offered: Conventional, jumbo, FHA, VA
  • Credit requirements: 620 for conventional loans, 500 for FHA loans
  • Down payment minimum: 3% for conventional loans, 3.5% for FHA loans
  • Where to find: Branch locations and online

• Pros and cons

  

  Pros

  • Displays daily rates online
  • Rates tend to be lower than the national average
  • Offers HELOCs

  

  Cons

  • Must be a member to get a mortgage
  • Doesn’t offer USDA loans

• How we scored Bethpage Federal Credit Union

  Bethpage Federal Credit Union boasts rate transparency, competitive rates and a variety of loans across most of the country, plus you can apply online or in person. It also offers multiple contact methods for customer service and an online portal to track your application status. You’ll need to open an account with the credit union to apply, however.

Tomo Mortgage

Rating: 4.9 stars out of 5

4.9

Learn more in our Bankrate review

• Lender details

  • Availability: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin
  • Loans offered: Conventional, jumbo, FHA, VA
  • Credit requirements: 580 for conventional loans
  • Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA loans
  • Where to find: Online

• Pros and cons

  

  Pros

  • No origination or processing fees
  • Displays mortgage rates online
  • Offers a rate Lock and Shop policy and a price-match guarantee
  • Does e-closings and remote notarization

  

  Cons

  • Doesn’t offer USDA loans
  • Doesn’t offer refinancing
  • Standard rate lock is only 30 days

• How we scored Tomo Mortgage

  Tomo offers low APRs, low down payment requirements, minimal fees and a wide variety of loans to eligible borrowers in several states. The lender also scores high marks for borrower experience due to its quick application process and rate transparency. However, it has a relatively short rate lock window of only 30 days.

Veterans United Home Loans

Rating: 4.9 stars out of 5

4.9

Learn more in our Bankrate review

• Lender details

  • Availability: All U.S. states
  • Loans offered: Conventional, jumbo, FHA, VA, USDA
  • Credit requirements: 620 for conventional loans and VA loans
  • Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans
  • Where to find: Branch locations and online

• Pros and cons

  

  Pros

  • Specializes in VA loans
  • 24/7 customer service over the phone
  • Lower rates than the national average

  

  Cons

  • No HELOCs or home equity loans
  • Limited number of branches

• How we scored Veterans United Home Loans

  Veterans United Home Loans scores highly for attractive rates, particularly on VA loans, as well as a nationwide presence and the convenience of an online application with strategically-located branch locations. The lender also offers 24/7 customer service and speedy preapprovals.

How to find the best mortgage lender in Florida

• Set your priorities. Do you want to talk to a loan officer in person? Do you need a faster closing? Want to apply for and track your mortgage status through an app? Consider these and other questions as you come up with your short list of lenders in Florida.
• Compare lenders. While you could work with a national lender, there are also several regional banks and credit unions in Florida. Don’t rule out these local options.
• Get prequalified or preapproved. If you haven’t determined a homebuying budget, get prequalified for a mortgage first. This can help you understand how much a lender might allow you to borrow based on some preliminary financial information. If you’re ready to shop for homes, skip the prequalification and ask for a preapproval, which involves a credit check.
• Ask about first-time buyer and down payment assistance. Many mortgage lenders in Florida work with the state’s housing finance agency to connect eligible borrowers with more affordable mortgages and down payment help. Some programs are available to both first-time and repeat buyers, too. Compare what different lenders offer and how that might impact your budget.
• Understand the lender’s flood requirements. The home you end up buying might be located in a flood zone or other high-risk area. Before committing to a lender, make sure you understand its requirements to ensure you’re able to obtain the financing you need.

Florida first-time homebuyer programs

Buying your first home can be especially daunting, but you might be able to qualify for some extra help to ease your worries from Florida Housing, the state’s housing finance authority. The organization works with lenders to offer a range of programs that can help you lock in competitive rates on 30-year loans, pay less for mortgage insurance and get access to cash to cover down payment and closing costs.

To take advantage of any of Florida Housing’s offerings, you’ll need to meet income and purchase price requirements and complete a homebuyer education course.

Next steps to get a mortgage in Florida

Explore these Bankrate resources to learn more about the homebuying process in Florida:

• Compare mortgage rates in Florida
• Florida mortgage lender reviews
• How to buy a house in Florida
• 2025 Florida loan limits by county

• Methodology

  To determine the best mortgage lenders in Florida, Bankrate periodically evaluates more than 75 lenders for factors relating to affordability, availability and borrower experience, assigning each a Bankrate Score out of five stars. The best Florida mortgage lenders generally have a Bankrate Score of 4.9 stars or higher. Learn more about our methodology.