PHH Mortgage - READ THESE FACTS!
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.
About PHH Mortgage
PHH Mortgage is a subsidiary of PHH corporation, headquartered in Mount Laurel, New Jersey, and with a mortgage origination and mortgage servicing division, according to Wikipedia.
According to PHH's website, they are a leading non-bank mortgage originator. While they only have loan officers in seven states, they operate nationwide through their online and phone services. PHH also has a marketing partnership with Realogy Holdings Corp. providing mortgage originations to more than 700 real estate offices. PHH Mortgage offers purchase, refinance, and home equity mortgage loans. They offer a large variety of mortgage products. It is possible to obtain a pre-approval through their online service or by speaking with a loan consultant.
According to Mortgagedaily.com PHH ranked number 10 in mortgage originations for 2016 with $37 billion, down from $41 billion in 2015. PHH offers a wide variety of mortgage products.