PrimeLending Mortgage Review 2023 | US News

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Min. Down Payment
Min. Credit Score
Min. Down Payment
Min. Credit Score
Min. Down Payment
Min. Credit Score

PrimeLending has a suite of mortgage loans available, including:

  • Conventional loans.
  • Fixed-rate mortgages.
  • Adjustable-rate mortgages.
  • Jumbo loans.
  • Federal Housing Administration loans.
  • Veterans Affairs loans.
  • U.S. Department of Agriculture loans.
  • Home renovation loans.
  • Refinance loans.
  • New construction loans.
  • Down payment assistance programs.

Potential borrowers start the prequalifying process online by completing an application, uploading the required documents and connecting financial accounts. Once you’re prequalified, you have an estimate of what you can afford and can start comparing loan options.

When you find a potential home, PrimeLending determines your final approval while you track your progress online. If approved, you then lock in your rate and schedule your closing. All closing documents are emailed to you before the closing so you can review in advance, and most of those documents are signed and submitted online.

Both 15- and 30-year mortgages are available through PrimeLending, and with some programs you can make as little as a 3% down payment and up to 100% financing.

While the company offers a variety of mortgage products, it does not disclose specific terms and fees for each.

PrimeLending does not disclose any information on its website about possible discounts, such as autopay.

PrimeLending does not disclose its minimum FICO credit score requirement or a maximum debt-to-income ratio for its mortgages. Potential borrowers can visit the website to start the prequalification process or contact a mortgage officer directly.

The credit score you need will depend on the type of mortgage you want, but PrimeLending doesn’t disclose its minimum credit score.

PrimeLending operates in all 50 states, although physical branches aren’t located nationwide.

PrimeLending has an A+ rating with the Better Business Bureau and has been accredited since 2015. The Consumer Financial Protection Bureau received seven mortgage-related complaints in 2021 about PrimeLending. The most common complaints involved trouble during the payment process, and each complaint received a timely response and was closed with an explanation.

Contact PrimeLending through its website contact form or call 800-317-7463. Potential borrowers may also search its website for direct contact information for the nearest mortgage broker.

Complete an application online to prequalify for a home loan. You can also provide all of your documents via email or upload them to the lender’s website, and submit most closing documents.

PrimeLending offers several resources on its website, including calculators, videos, guides and blog posts.

  • Homebuyers who want a lot of options.
  • Veterans who want to save on loan fees.

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