Buying your first home can be overwhelming, especially when navigating all the loan types, lenders, and financing terms. In this post, we break down the best tools, rates, and companies to help you make an informed decision and secure the best mortgage details available in 2025.
Start with a mortgage calculator
A mortgage calculator is your best friend when planning your homebuying budget. It helps you understand what you can afford based on down payment, loan term, and interest rate.
Types of calculators to use:
- VA loan calculator – Ideal for military veterans
- VA mortgage calculator – For active or retired service members
- Mortgage payment calculator – For general payment planning
- First time mortgage calculator – Built for first-time buyers using starter programs
Compare the 10 best mortgage lenders
- Rocket Mortgage
- Chase
- Wells Fargo
- Bank of America
- Better.com
- SoFi
- Ally Bank
- Navy Federal
- PNC Bank
- Quicken Loans
Top 5 mortgages for first time buyers
- FHA Loan
- VA Loan
- USDA Loan
- HomeReady Mortgage
- Conventional 97
Can I get accepted for a mortgage?
Yes—even if you’re unsure about your credit or income! The key is finding reputable mortgage lenders who offer prequalification tools.
Many buyers are able to get qualified for a mortgage even with limited credit history, especially if they have a high credit score and reliable income.
Track mortgage rates today
Knowing where current mortgage rates stand is essential when locking in your loan. Most 30 year mortgage rates in 2025 range between 6.25%–6.75%.
If you’re already a homeowner, you may also want to compare refinance mortgage rates to lower your payments.
How to get a mortgage online
It’s now easier than ever to get a mortgage online. Most mortgage lenders provide fast online applications.
- Use a mortgage calculator
- Apply through a lender’s online portal
- Upload financial documents securely
- Review and lock your rate
You can even find the top 10 best mortgage deals through online comparisons.
Final Tips for First-Time Buyers
- Use a mortgage calculator early in your research.
- Check rates daily from the top 5 mortgage lenders in us.
- Use resources like the VA mortgage calculator if eligible.
- Explore all your options to get accepted for a mortgage before making an offer.
