Prospect Mortgage is a full service national mortgage lender with a wide array of mortgage products. In addition to offering conventional fixed and adjustable loan products, Prospect Mortgage provides FHA, VA, Jumbo, and Super Jumbo loans. Prospect Mortgage is located in Sherman Oaks, CA and is backed by Sterling Partners, a private equity firm with 25 years of experience in education, healthcare, and business services.
First Internet Bank was started in 1999 in Indiana. First Internet Bank is one of the first banks with no physical locations offering 100% online banking. Without the need to manage any physical branch locations, First Internet Bank is able to offer lower rates and fees.
Lending Tree Loans is the mortgage lending arm of Lending Tree. Lending Tree Loans work with consumers through a single point of contact to provide consumers with a consistent experience and to ensure that the Lending Tree customer representative always has the most up to date information. Lending Tree Loans was established in 2004 and has funded over 150,000 loans.
North American Savings Bank (NASB) has been originating mortgages for over 83 years. NASB is a full service bank that offers everything from mortgage loans to commercial loans to checking/savings/cd. NASB has a full suite of mortgage loan offerings with loans guaranteed by the Veterans Administration and the Federal Housing Administration. NASB is a national lender covering all 50 states and the District of Columbia.NASB is currently headquartered in Grandview, Missouri, primarily serving customers in the greater Kansas City area. NASB also has lending offices located in the Kansas City metro area and Springfield, Missouri.
US Bank Home Mortgage is a leading provider of home purchase, refinance and home equity mortgage loans. With various tools, calculators, and FAQ, the US Bank Home Mortgage website provides valuable information for consumers looking to get a mortgage. They offer online services, including a pre-approval process. While they cover many areas, their loan officers are not located nationwide. In addition to the standard products, US Bank Home Mortgage offers construction loans, investment mortgages, and low down payment purchase products.
PHH Mortgage offers nationwide service through their website and phone consultations. They offer basic information and tools on their website. PHH Mortgage has what looks to be an easy to use web interface for loan applications free pre-approvals, which is helpful for home purchasers. They offer a variety of mortgage products, including conforming loans, jumbo, FHA, and VA. It isn’t clear if they offer Home Equity Loans or Home Equity Lines of Credit. For those purchasing a home, PHH promises (but see the fine print), “As part of our competitive service guarantee, we'll close your loan by the agreed upon closing date – or we’ll pay you $500.
Citimortgage is a great option for new buyers and experienced home owners looking to refinance. They offer a large variety of products and a option for online application. Their nationwide branches coupled with their advanced online portal allows a customer to keep updated throughout the mortgage process. However, their big size has potential problems in terms of flexibility.
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