Is Bank of America a good mortgage company?

Bank of America has some of the lowest average rates and fees, according to the latest Home Mortgage Disclosure Act data. It also ranked high in customer satisfaction in 2023, according to J.D. Power's Mortgage Origination Satisfaction Study. Bank of America has robust offerings for lower-income borrowers.

What information do online mortgage lenders need?

For online mortgage lenders—or any reputable lender for the matter—to get a sense of the size of the loan you can manage, they will need you to provide identifying information, such as your Social Security number and driver’s license, and details on your financial health.

How do I find a good mortgage lender?

Look for lenders that have low-down-payment mortgages and offer additional help like down payment grants. We have guides to the best lenders for each of the three main types of government-backed mortgages. Lenders will ask for many different documents when you apply for a mortgage, so it's a good idea to have them ready to go ahead of time.