The best loan origination firms that bid for customer mortgage leads have been determined based on customer reviews, and California was home to a majority of the top five.
Customer reviews were obtained on more than 250 mortgage lending firms for the second quarter of this year.
The ranking was based on interest rates, mortgage fees and closing costs. Also factored in were responsiveness, customer service and overall experience.
According to LendingTree, which collected the reviews for its network of lenders, HomePlus Mortgage was the top-rated lender. The company operates from San Diego.
No. 2 was Pacific Beneficial Mortgage Co. out of Irvine, Calif.
Next, according to LendingTree, was Affinity Mortgage LLC. The Lenexa, Kan.-based company says it is a “top rated wholesale mortgage company.”
The fourth-best firm was Houston-based Mortgage Loans for Texas.
Costa Mesa, Calif.-based Americash Mortgage Banking ranked as No. 5.
No. 6 through No. 10 were BNC National Bank, Mid-America Mortgage Inc., Integrated Financial Group Inc., Mortgage Lenders of America and Southwest Direct Mortgage.