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Last Updated: 04/18/2025

Loanpal Home Purchase Mortgage

Q: What mortgage programs are available?

Besides conventional mortgages , Loanpal 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... Learn More at SuperMoney.com

Q: What is the support contact email?

The support contact email for is CustomerCare@goodleap.com .

from Loanpal

Last Updated: 04/18/2025

Mostly not recommended6 total votes

2 users recommend

4 users don't recommend

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Highlights

Community Rating

Mostly not recommended

Credit Score Range

N/A

Amount Range

Up to $3,000,000

Loan Term (Years)

N/A

Number of Reviews

Loanpal Home Purchase Mortgage Review

Loanpal Home Purchase Mortgage is offered by Loanpal (NMLS #30336), a direct lender founded in 2003 and based in Roseville, CA. Loanpal are available in 22 states and Washington, DC.

Key Takeaways

Wide selection of mortgage programs offered. Loanpal Home Purchase 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.
Standard interest rates types.
Only primary residences considered. Loanpal Home Purchase Mortgage does not offer financing for vacation homes or investment properties.
Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Loanpal Home Purchase Mortgage Pros & Cons

Pros

Cons

Charges an origination fee.
Charges prepayment fees.
No co-sign option available.
Only available in 22 states.

Loanpal FAQ

How much can you borrow via Loanpal?

Loanpal allows borrowers to apply for loan amounts of up to $3,000,000. 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 Loanpal 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, Loanpal may charge a loan origination fee .

What mortgage programs are available?

Besides conventional mortgages, Loanpal 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 Loanpal allow?

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

Primary home

What is the customer service phone number?

The customer service number for Loanpal Home Purchase Mortgage is (844) 910-0111.

What is the support contact email?

The support contact email for is CustomerCare@goodleap.com.

How do people rate the customer service and user experience?

Overall, this business is mostly not recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

8781 Sierra College Blvd

Roseville, CA 95661

Visit Site

Email Support

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SuperMoney Net Recommendation Score

SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -33, or 2.3 on a 5-point rating scale.

-33

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Loanpal Home Purchase Mortgage Community Reviews

Would you recommend Loanpal Home Purchase Mortgage to your friends?

Anonymous

Feb 2, 2022

May or may not recommend

I went through the refi process with Loanpal. They were professional, extremely knowledgeable, and nice to me and my wife through the process. I'd recommend them to my friends and family.

Michelle G.

Dec 3, 2020

May or may not recommend

Say NO to SUNERGY and/or LOANPAL!!! Don’t make the same mistake we did and do your research. We got solar panels installed; sold by Sunergy, installed by a contractor, and financed by Loanpal. Do NOT do this. It might work out in the long run but this was the most unorganized company and Loanpal illegally takes your money. Of course the salesperson who told us most of the lies no longer ...Show More

Gregg S.

Nov 13, 2020

May or may not recommend

I recent had solar installed and these people gave me the loan. Before my first payment was even due I got several cold calls including a attempt to get me to switch my mortgage. While on the call for this I asked that they never call me again and was interrupted several times during the call until i finally asked that they stop doing that. Then they ...Show More

Esther O.

Oct 28, 2020

May or may not recommend

LoanPal is a terrible company, and one you should not be associated with. I do not even think they work within the proper regulatory bodies. They are group of leeches, and you should be wary. What's the point of attempting to refinance my home when the heartaches and costs of processing will end up giving me a heart attack. When I first contacted them, they were very welcoming, and they ...Show More

Leo S.

Oct 10, 2019

May or may not recommend

monthly statements do not show interest / principal every month. there is no way to see current balances it is a really barebones web site. not confident proper principal was applied

Mateo M.

Sep 10, 2018

May or may not recommend

Loanpal closed my loan fast and my loan officer was really easy to work with

Showing 6 of 6 reviews