Where does LendingOne do business?
LendingOne is based in Boca Raton, FL. The company was founded in 2014 and offers mortgages to borrowers in 41 states across the USA (and Washington, DC).
How much can you borrow via LendingOne?
LendingOne allows borrowers to apply for loan amounts of up to $5,000,000. 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 range of rates does LendingOne offer?
LendingOne offers home loans with APRs starting at 5.89% and up to 13.9%.
What is the estimated funding time for a home loan via LendingOne?
LendingOne will typically fund mortgages within 7 and 14 days of approval.
Does LendingOne charge a mortgage origination fee?
Yes, LendingOne may charge a loan origination fee.
Does LendingOne charge prepayment fees?
Yes, LendingOne charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What property usage types does LendingOne allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. LendingOne allows the following property usage types:
- Secondary homes and vacation properties
- Rental properties
- Inestment properties and house flipping projects
5550 Glades Rd Suite 300
Boca Raton, FL 33431 USA
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- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Rhode Island
- South Carolina
- West Virginia