Mortgage lenders for renters | First time buyer programs | Roost
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Our goal is to share information and products that are truly helpful to renters.

If you click on a link or buy a product from one of the partners on our site, we get paid a little bit for making the introduction. This means we might feature certain partners sooner, more frequently, or more prominently in our articles, but we’ll always make sure you have a good set of options. This is how we are able to provide you with the content and features for free. Our partners cannot pay us to guarantee favorable reviews of their products or services — and our opinions and advice are our own based on research and input from renters like you. Here is a list of our partners.

Best first home buying mortgage lenders for renters

When buying your first home, shop around for the best mortgage lender as you transition from renting to owning. Roost looks at first-time buyer programs, rates, and customer experience to recommend the best mortgage lender for you.

Wells Fargo

• Fixed rates as low as 5.250%
• VA Loans available
• Jumbo loans available for larger purchases
• Prequalification available
• Min credit score 620

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Our take

Quicken Loans

• Fixed rates as low as 5.75%
• FHA loans available 
• VA Loans available
• Jumbo loans available for larger purchases
• Min credit score 620

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Our take

Rocket Mortgage

• Fixed rates as low as 6.125%
• FHA loans available 
• VA Loans available
• Jumbo loans available for larger purchases
• Min credit score 620

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SoFi

• Prequalification available
• Fixed rates as low as 5.277%
• Approval can be done entirely online
• Min credit score 620

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Bank of America

• Fixed rates as low as 5.750%
• Get prequalified for a loan
• Min credit score 620

Product details

Our take

Roost strives to keep its information accurate and up to date. This mortgage information may be different than what you see when you visit a financial institution, service provider or specific product’s site.  When evaluating checking mortgage offers, please review the financial institution’s Terms and Conditions.  

About These Rates: The lenders whose rates and other terms appear on this site are our advertising partners. The interest rates, annual percentage rates, and other terms advertised here are estimates. The monthly payment amounts and APRs shown here do not include taxes and insurance. Lender Fees include application, commitment, underwriting, processing fees or similar fees and do not include most third party fees, such as title insurance, tax service, escrow and other such fees in which the lender does not profit and are passed directly through to the borrower. While we will always do our best to provide you with accurate rate data, rates change frequently, and each advertising partner is responsible for the accuracy and availability of its own advertised terms. Your actual annual percentage rate and loan terms will be determined by the advertising partner’s assessment of your creditworthiness and other factors after you select and apply for a loan product. When evaluating offers, please review the advertising partner’s terms and conditions for details.