5 Best Mortgage Lenders in Arkansas 2019

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If you’re a repeat or first time home buyer looking to purchase a home in Arkansas, there are some amazing mortgage solutions available to you. Arkansas is home to around 3 million people, and with today’s mortgage rates as low as they are, the housing market is ready for serious home buyers. Home values have increased by roughly 6.9 percent between December of 2017 through 2018 and are forecasted to rise another 6.3% through 2019.

The rising home values make it essential for home buyers on the market for a mortgage loan to do everything they can to keep their housing costs as low as possible. Getting a great mortgage would probably be the best place to start. And, whether you’re looking for fixed rate or adjustable rate mortgages, FHA, VA, or USDA home loan options that offer amazing benefits like low interest rates or flexible down payment requirements, loans to cover the purchase and repair of a home, or even a large enough jumbo loan to purchase your dream home outright, The first step is to find the right lender.

In this article, we’ll review the best mortgage lenders in the state of Arkansas, and how they can help you on your quest to home ownership.


#1 Arkansas Mortgage Lender: Fairway Independent Mortgage Corporation

A rapidly growing name in the national home finance industry, Fairway Independent Mortgage Corporation is one of the best options for conventional, FHA, and VA financing across the country. Home buyers will agree that it’s actually pretty easy to find a Fairway location when its time to get a home loan. Beyond that, their customer service is well known to be top notch.

Fairway Independent Mortgage Corporation has stunning reviews from its client base over the years. One thing they seem to excel in is cutting down the closing costs that borrowers are expected to pay at the end of a mortgage transaction, as well as facilitation a faster closing.

Fairway may very well be the best option for first time home buyers on this list. Their attention to detail and completely transparent methodology is perfect for obtaining a mortgage loan at a great rate in a stress-free environment.

#2 Arkansas Mortgage Lender: Amerifirst Financial Inc.

Amerifirst Financial has been in the mortgage business for over 25 years. Their main goal has always been to help people achieve the ultimate dream of homeownership.

Amerifirst’s loan officers are highly skilled at working with borrowers from any financial background and securing just the right financing within their range of affordability. Their high-end dedication to customer service has won them many glistening reviews from past clients.

The Amerifirst mortgage experience is one to marvel at, with lower than average rates and fees, and loans closed quicker than to be expected. They make home buyers feel as though they are their top priority all the time.

#3 Arkansas Mortgage Lender: Gateway Mortgage Group

Gateway Mortgage Group may have only been around since the year 2000, but in that short space of under 2 decades, they have grown into one of the largest privately held mortgage companies in the country. According to them, their success comes as a direct result of their dedication to originate home loans combined with their passion for strengthening families.

The Gateway Mortgage Group team takes special care to put down roots in whatever communities where they have branches. This “localization” helps them to better do their jobs by providing a deeper understanding of the communities they are a part of, and the families that reside within them. In turn, they are able to tailor unique, personalized home loans for their clients.

Gateway Loan Officers are experts at loan origination, and know just how to cut all of the tension and stress associated with a mortgage transaction out of the picture completely.

#4 Arkansas Mortgage Lender: Quicken Loans/Rocket Mortgage

The amazing team over at quicken loans has truly set the standard for the online mortgage experience. Rocket Mortgage (a division of Quicken Loans) and Quicken Loans have made the otherwise long and tedious process of mortgage financing as simple and straightforward as possible.

The online home loan process is highly geared towards a more streamlined user experience. Progress on the status of a mortgage loan application can be easily tracked online, and there are even specialists standing by to help with any issues that may arise during the transaction including any that deal with an applicant’s Certificate of Eligibility.

The service even keeps applicants posted with any documentation they may have forgotten or still need to provide. The really impressive part happens to be the support staff that can be reached by phone or through the website that is always standing by to offer their advisory services and answer any questions a potential borrower may have.

#5 Arkansas Mortgage Lender: U.S. Bank

With a history dating all the way back to 1863, U.S. Bank is the farthest thing from the new kid on the block. Its strong presence in today’s mortgage market is a testament to their deep commitment to providing affordable home loans with excellent service.

U.S. Bank is well known for its knowledgeable staff and expert loan officers. Chances are, no matter what a borrower’s financial situation may look like, they can come up with a solution.

Experience often trumps trendy advancements, and the face-to-face personalized mortgage services offered by U.S. Bank are a shining example of this. Home buyers never have to worry about a lack of communication or being rushed, and will be treated with the same respect and due diligence as their big-name clients.

Best Arkansas Mortgage Lender Picks 2019:

  • Best for First Time Home Buyers: U.S. Bank

  • Best Online Experience: Quicken Loans/Rocket Mortgage

  • Best Local Lender: Amerifirst Financial Inc.

  • Best Face-to-Face Experience: Gateway Mortgage Group

  • Best Overall Performance: Fairway Independent Mortgage Corporation


Shop Around Before You Get an Arkansas Home Loan

Our picks for the best mortgage lenders in Arkansas may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal mortgage solution that comes with the terms and affordability that best suits any particular financial situation.

While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best mortgage lender in your area, don't hesitate to contact a home.loans mortgage expert!