9 Best Mortgage Lenders for First-Time Buyers — Ranked for 2026

3. Chase Bank: Relationship Banking and Exclusive Customer Benefits

JPMorgan Chase leverages its position as one of the largest banks in America to offer first-time homebuyers unique advantages through relationship banking and exclusive programs for existing customers. The Chase DreaMaker mortgage program stands out as an exceptional offering, providing 3% down payment conventional loans with no mortgage insurance requirement for borrowers in eligible income and geographic areas. Chase's HomeGrant program offers up to $5,000 in grant money for down payment and closing cost assistance, which doesn't require repayment, making it particularly attractive for cash-strapped first-time buyers. Existing Chase customers benefit from relationship pricing, which can result in significant savings on origination fees and potentially reduced interest rates based on their banking history and account balances. The bank's mortgage advisors are well-versed in first-time buyer challenges and work closely with borrowers to identify the most suitable loan products from their comprehensive portfolio. Chase's digital mortgage platform integrates seamlessly with existing banking relationships, allowing customers to view their mortgage alongside other accounts and transfer funds easily for down payments and closing costs. The lender offers robust educational resources, including homebuyer seminars, online courses, and personalized financial counseling to help first-time buyers prepare for homeownership responsibilities. With a strong presence in major metropolitan areas and a commitment to community development, Chase has established itself as a trusted partner for first-time homebuyers seeking the stability and resources of a major financial institution.