Best Home Loans for First-Time Homebuyers 2026
Compare FHA, USDA, VA, and conventional loans for first-time buyers — low down payment options, down payment assistance programs, and lenders that specialize in first-time buyers.
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| Product | APR Range | Loan Amount | Term | Origination Fee | Rating | Actions |
|---|---|---|---|---|---|---|
Navy Federal Credit Union Navy Federal Credit Union Mortgage | 6.10%–7.80% | $50k–$2000k | 120–360 mo | No origination fee on VA loans | 4.7 | |
Guaranteed Rate Guaranteed Rate Mortgage | 6.20%–8.10% | $100k–$4000k | 120–360 mo | Varies; typically 0.5%–1.5% | 4.3 | |
Better Better Mortgage | 6.30%–7.50% | $100k–$3000k | 180–360 mo | — | 4.4 | |
 U.S. Bank U.S. Bank Mortgage | 6.30%–8.00% | $100k–$5000k | 120–360 mo | Varies by loan type | 4.2 | |
New American Funding New American Funding Mortgage | 6.40%–8.30% | $75k–$3500k | 120–360 mo | Varies; competitive on FHA and non-QM | 4.4 | |
loanDepot loanDepot Mortgage | 6.40%–7.90% | $100k–$3000k | 180–360 mo | 0%–2% of loan amount | 4.2 | |
Rocket Mortgage Rocket Mortgage Editor's Choice | 6.50%–7.80% | $85k–$2500k | 180–360 mo | — | 4.5 | |
 Chase Chase Mortgage | 6.50%–8.20% | $100k–$5000k | 120–360 mo | Varies; relationship discounts up to 0.50% | 4.3 |