Best Mortgage Lenders with no Origination Fee of 2019

Mortgage lenders

Are you looking for a new home? And worried about the hidden charges that come along with a mortgage? In this post, I have listed 5 mortgage lenders who don’t charge an origination fee or lender fee.

The origination fee is the amount charged by the lender for procession your application for the mortgage. Seems unnecessary right? Well, most mortgage lenders charge an origination fee between 0.5% and 1% on mortgage loans in the United States.

Here are 5 best mortgage lenders who charge no origination fee.

1) AmeriSave

AmeriSave is an Atlanta based finance firm lead by Mike Berte. Mike has over 20 years of experience in building large-scale residential mortgage platforms in America. AmeriSave understands its customer and their needs very well and thrives to provide low rates. Before providing a loan, they keep in mind your kid’s college education and your retirement plans.

AmeriSave is a mortgage lender providing conventional mortgage loans with no origination fee. This loan is not government backed. Hence, there is no excess delay or unnecessary processing time. Down payments are very less and this loan is best for people with a decent credit score. A credit score of 620 is good enough for AmeriSave.

2) PrimeLending

PrimeLending has been in the home loan business since 1986 and specializes in VA home loans. They have more than 2,800 employees working at their offices across the United States. So, their customer service is top notch. They provide VA loans to war veterans and military personnel who are ready to become homeowners. It’s one of the few mortgage lenders for military veterans with no origination fee.

3) is a New York-based mortgage lender who prides themselves on the fact that they don’t charge any origination fee or lender fee from their customers. They also claim to provide one of the best customer services in the industry. work with investors who want to earn more money via commissions. The investors make a one-time payment to when they buy the loan.

4) Network Capital

Network Capital is a finance firm specializing in lending mortgages to first time home buyers. Along with providing low rates, the employees at Network Capital also study and understand the customer’s needs. They suggest loan options based on your purchasing capacity. The rates are so low that once you step into your new home, you will be paying a premium less than the cost of the rent of that house.

5)  Reali Loans

Reali Loans, In is a California based mortgage lender that provides a loan with no origination fee. The application can be filled online and the document verification is easy and hassle-free. Reali Loans are the ideal company for people who are short on time and want to perform all the loan application activity from their home or office.


Keep in mind that lenders deserve to get their compensation for working hard on your application. So, if you find a mortgage lender who provides low rates but charges an origination fee less than 1 %, then it in your own best interest to choose that lender for your mortgage needs.

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