Land Home Financial Home Mortgage

Land Home Financial Home Mortgage Review

Land Home Financial Home Mortgage is offered by Land Home Financial Services Inc. (NMLS #1796), a direct lender founded in 1988 and based in Concord, CA. Land Home Financial are available in 50 states (and Washington, DC).

Key Takeaways

• 3 different mortgage programs offered. Land Home Financial Home Mortgage offers FHA, FHA 203k, VA, conforming, and conventional mortgages.
• Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
• Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for financing. However, Land Home Financial Home Mortgage does offer financing for primary and secondary homes (e.g. vacation properties).
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Land Home Financial Home Mortgage Pros & Cons

Land Home Financial FAQ

How much can you borrow via Land Home Financial Services Inc.?

Land Home Financial allows borrowers to apply for loan amounts of up to $2,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What mortgage rates does Land Home Financial Services Inc. offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, Land Home Financial may charge a loan origination fee.

What mortgage programs are available?

Besides conventional mortgages, Land Home Financial offers the following mortgage types:

• FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
• FHA 203k: An FHA mortgage you can also use to finance home improvements.

What property usage types does Land Home Financial allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Land Home Financial allows the following property usage types: 

• Primary home

What is the customer service phone number?

The customer service number for Land Home Financial Home Mortgage is (800) 672-9470.

What is the support contact email?

The support contact email for is Support@LHFSWholesale.com.