Movement Mortgage Home Loans

Movement Mortgage Home Loans Review

Movement Mortgage Home Loans is offered by Movement Mortgage (NMLS #39179), a direct lender founded in 2008 and based in Indian Land, SC. Movement Mortgage are available in 50 states (and Washington, DC).

Key Takeaways

• 4 different mortgage programs offered. Movement Mortgage Home Loans offers FHA, FHA 203k, USDA, VA, conforming, and conventional mortgages.
• Financing for single-family and multi-family properties. However, Movement Mortgage does not offer financing for manufactured homes.
• Standard interest rates types. Movement Mortgage Home Loans offers adjustable-rate mortgages, and fixed-rate mortgages.
• Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for financing. However, Movement Mortgage Home Loans does offer financing for primary and secondary homes (e.g. vacation properties).
• Strongly recommended. 19 out of 20 SuperMoney community members recommended Movement Mortgage Home Loans.
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Movement Mortgage Home Loans Pros & Cons

Movement Mortgage FAQ

How much can you borrow via Movement Mortgage?

Movement Mortgage 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 is the maximum loan term you can get with Movement Mortgage?

Movement Mortgage offers mortgages with a maximum term of 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does Movement Mortgage 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.

Movement Mortgage offers home loans with APRs starting at 4% .

Do they charge mortgage origination fees?

Yes, Movement Mortgage may charge a loan origination fee.

What mortgage programs are available?

Besides conventional mortgages, Movement Mortgage 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 Movement Mortgage allow?

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

• Primary home

What is the customer service phone number?

The customer service number for Movement Mortgage Home Loans is (877) 314-1499.

What is the support contact email?

The support contact email for is contactus@movement.com.

How do people rate the customer service and user experience?

Overall, this business credit card is strongly recommended based on community reviews that rate customer service and user experience.