Compare Today’s Mortgage and Refinance Rates in California

Better: NMLS#330511

Lowest APR

Lowest monthly payment

Great for digital convenience

Conventional 30-year fixed

4.5

APR

6.776%

Interest rate

6.625%

Mo. payment

$2,562

Insurance $0

Total fees

$6,180

About this lender

Pros

Borrowers can apply, lock in a rate and receive a commitment letter within one day.
Offers both HELOCs and home equity loans with a high borrowing limit of 90% CLTV.
Offers mortgages for manufactured homes, as well as financing for self-employed borrowers.

Cons

No mobile app; customer service is by email or phone only.
Borrower must provide contact information to see customized rates.
Does not offer renovation or construction loans.

on Simplist

Simplist: NMLS#1764611Conventional 30-year fixed

4.5

NerdWallet rating

APR

6.987%

Interest rate

6.875%

Mo. payment

$2,628

Insurance $0

Total fees

$4,512

About this lender

Pros

Loan origination process can be completed online.
Offers government-backed FHA and VA loans.
Offers module that compares mortgage rates among other lenders.

Cons

Offers loans in many states and Washington, D.C., but not nationwide.
Does not offer home equity loans or lines of credit.

on First Federal Bank

First Federal Bank: NMLS#408902Conventional 30-year fixed

4.5

APR

7.029%

Interest rate

Mo. payment

$2,662

Insurance $0

Total fees

$1,179

About this lender

Pros

Over 40% of all loans last year were FHA, VA or USDA loans.
Average mortgage rates are on the lower side, according to the latest federal data.
Offers 15-, 20-, 25-, and 30-year repayment terms, which is unusually flexible.

Cons

No dedicated mobile app for mortgage borrowers.
Some loans (including home equity products) are geographically limited.

on NBKC

NBKC: NMLS#409631

Great for first-time home buyers | digital convenience | customer service

Conventional 30-year fixed

4.5

Visit lender's website | Call (888) 871-2381

APR

7.158%

Interest rate

7.125%

Mo. payment

$2,695

Insurance $0

Total fees

$1,307

About this lender

Pros

Mortgage rates are on the low side compared to other lenders, according to the latest federal data.
VA loans represent more than a quarter of purchase volume, a larger share than many lenders NerdWallet reviews.
Offers a variety of loan types for purchase and refinance, including fixed- and adjustable-rate loans and government options

Cons

HELOCs and no-down-payment loans are available only in the Kansas City metro area.
Mobile app focuses on online banking, not mortgages.
You’ll need to share contact information to see customized mortgage rates.

on New American Funding

New American Funding: NMLS#6606

Great for first-time home buyers | customer service

Conventional 30-year fixed

4.0

Visit lender's website | Call (888) 978-8131

APR

7.166%

Interest rate

7.125%

Mo. payment

$2,695

Insurance $0

Total fees

$1,629

About this lender

Pros

Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
Its home equity line of credit can be used for a primary residence or second home.

Cons

Average origination fees are on the high side, according to the latest federal data.
Personalized mortgage rates are not available on the website without providing contact information.

Central Bank: NMLS#407985Conventional 30-year fixed

4.0

NerdWallet rating

APR

7.25%

Interest rate

7.25%

Mo. payment

$2,729

Insurance $0

Total fees

About this lender

Pros

Among the best when it comes to online convenience.
Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
Claims to offer preapproval within 24 hours of loan application.

Cons

You'll have to complete a loan application to see mortgage interest rates.
Bank branch locations limited to the Midwest.
Does not offer home equity lines of credit.

on HSBC Bank

HSBC Bank: NMLS#399799Conventional 30-year fixed

5.0

NerdWallet rating

APR

7.507%

Interest rate

7.5%

Mo. payment

$2,797

Insurance $0

Total fees

$267

About this lender

Pros

Offers an online application and loan process updates.
Offers mortgages for investment properties.
Makes it easy to browse current rates and get a customized mortgage rate quote.

Cons

Does not offer FHA or VA government-backed loans.
No renovation mortgage options.

on Rocket Mortgage, LLC

Rocket Mortgage, LLC: NMLS#3030

Great for digital convenience | customer service

Conventional 30-year fixed

4.5

APR

7.782%

Interest rate

7.75%

Mo. payment

$2,866

Insurance $0

Total fees

$1,250

About this lender