Homebridge offers conforming and government-backed mortgages in addition to a handful of other types, including renovation and construction-to-permanent mortgages.
Homebridge; Insider
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The bottom line: Homebridge Financial Services Mortgages has a variety of mortgage options to suit many different borrowers’ needs. It’s an especially strong choice for renovation loan borrowers, and offers renovation options for both purchase and refinance transactions. But this lender lacks transparency around its rates and fees.
Overall lender rating
FeatureInsider rating (out of 5)Loan types5Affordability4Customer satisfaction5Trustworthiness4.5Total4.63
Pros and cons
ProsCons
Offers many different types of mortgages, including renovation and non-QM loans
Get connected with a loan officer via live online chat
Very positive online customer reviews
Need to submit contact information to see rates
No lender fee transparency
Doesn’t offer home equity loans
Homebridge mortgage interest rates and fees
Homebridge doesn’t disclose any rates or fees on its website. Many lenders display sample mortgage rates online to give prospective borrowers an idea of the rates they offer.
To get a personalized rate quote from Homebridge, you’ll need to fill out an online form with your name, email address, and phone number.
Homebridge vs. Northpointe Bank
Homebridge Financial Services
Grand Rapids Area Chamber of Commerce
Types of mortgages
Conforming, FHA, VA, USDA, jumbo, HELOC, renovation, non-QM, reverse, construction-to-permanent
Types of mortgages
Conforming, FHA, VA, USDA, jumbo, construction, land loan, renovation, doctor, professional, investment property, home equity, HELOC, non-warrantable condo, All In One, New Start, SimpleLoan, EquityBuilder, Northpointe 100%, Expanded Portfolio
Standout feature
Renovation loans
Standout feature
0% down options
Homebridge Financial Services MortgagesNorthpointe Bank Home Lending
Homebridge and Northpointe Bank both stand out thanks to their ample mortgage offerings, though borrowers looking to explore many different options will find a wider range at Northpointe.
For first-time homebuyers or others in need of affordable lending options, Northpointe may be a better option thanks to its specialty mortgages that allow 0% down. To get a 0% down mortgage with Homebridge, you’ll need to qualify for a VA or USDA mortgage.
Homebridge vs. PNC Bank
Homebridge Financial Services
pnc bank
Types of mortgages
Conforming, FHA, VA, USDA, jumbo, HELOC, renovation, non-QM, reverse, construction-to-permanent
Types of mortgages
Conforming, jumbo, FHA, USDA, VA, home equity loan, HELOC, construction
Standout feature
Renovation loans
Standout feature
PNC Homeownership Grant
Homebridge Financial Services MortgagesPNC Bank Mortgage
PNC Bank is another strong mortgage lender with a good range of options. It also has a program that grants up to $5,000 to low- to moderate-income borrowers in eligible areas. This money can be used toward a down payment or closing costs.
But for borrowers with unique financial situations, Homebridge would likely be the better choice, thanks to its non-QM offerings. With non-QM loans, or non-qualified mortgage loans, borrowers can prove income using alternative methods, such as providing bank statements or 1099s.
How Homebridge works
To apply for a mortgage with Homebridge, you can call, chat online, or submit some basic information about yourself and the type of home you’re looking to purchase in an online form.
Homebridge also has branches in 31 states if you prefer to get started in person. This lender doesn’t operate in Utah.
Homebridge offers conforming, FHA, VA, USDA, jumbo, renovation, non-QM, reverse, and construction-to-permanent mortgages. It also has HELOCs.
To get a conforming mortgage with this lender, you’ll need a credit score of at least 620. Its minimum down payment is 3%.
Is Homebridge trustworthy?
Homebridge Financial Services currently has an A- rating from the Better Business Bureau. The reason BBB gives for this rating is that Homebridge failed to respond to two complaints filed against the business.
BBB grades are based on honesty in advertising, transparency about its business practices, and effectiveness in responding to customer complaints.
Homebridge has very positive online customer reviews, earning nearly five out of five stars on both its TrustPilot and Zillow lender pages.
Homebridge FAQ
Is Homebridge a mortgage broker?
No, Homebridge is not a mortgage broker.
Brokers pull together offers from multiple lenders to help you compare and decide which lender is best for you. Lenders are the entities that actually originate the mortgage and loan the funds. You can work with a broker to find the right lender for you, or you can apply directly with the lenders you’re interested in.
What is Homebridge’s minimum down payment?
Homebridge’s minimum down payment requirements differ by loan product:
Conforming: 3%
FHA: 3.5%
VA: 0%
USDA: 0%
Jumbo: 10%
Is Homebridge a good mortgage company?
Every borrower is different, and a lender that’s great for you might not be a good fit for someone else. Homebridge has good online customer reviews and a strong range of mortgage options to choose from. But it lacks in rate and fee transparency.