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  Movement Mortgage Home Loans

Movement Mortgage Home Loans

in Home Purchase Mortgages from Movement Mortgage · NMLS ID #39179

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Movement Mortgage Home Loans

Unaffiliated

in Home Purchase Mortgages from Movement Mortgage · NMLS ID #39179

SuperMoney Net Recommendation Score +95

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +95, equating to 4.9 on a 5 point rating scale.

+95

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

19 users recommend
1 user is unsure
0 users don't recommend
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Highlights
Community Rating Strongly recommended
Loan Amount Up to $2,000,000
Loan Term (Years) Up to 30 years
Number of Reviews 20

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 Home Loans is 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).
  • 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
Pros Cons
  • Offers financing for both single and multi-family homes.
  • Available in all 50 states.
  • Charges an origination fee.
  • Charges prepayment fees.
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% .

Does Movement Mortgage charge an application fee?

Do they charge mortgage origination fees?

Yes, Movement Mortgage may charge a loan origination fee.

What mortgage programs are available?

Movement Mortgage offers the following mortgage types:

  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • 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.
  • USDA loans: A zero down payment mortgage loan with low mortgage rates for suburban and rural homebuyers. The USDA doesn't require a minimum credit score, but most mortgage lenders require a minimum credit score of 640.
  • VA loans: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses. VA loans offer competitive mortgage rates, and don't have a minimum credit score. However, the mortgage lenders that offer them will typically require a credit score of at least 640.

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 this business card is (877) 314-1499.

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.

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Message From Our Editor

What we love about Movement Mortgage

Movement Mortgage offers a variety of loan products, including conventional mortgages, jumbo mortgages, condo loans, FHA loans, VA refinancing, and even reverse mortgages. If you want to get a loan involving real estate, there’s a good chance that Movement Mortgage can help.

Movement Mortgage is partially owned by the Movement Foundation, an organization that works to help underserved communities. It uses some of the income generated by Movement Mortgage to fund schools, farms, and grants to non-profits including churches, community centers, and other ministries. This means that people who get a loan from Movement Mortgage can feel good about supporting a company that works to do good.

What could Movement Mortgage do better?

Movement Mortgage has a relatively basic website. Many of its competitors have in-depth websites with a lot of educational materials that homebuyers can use to guide them during the process. With Movement Mortgage, you’ll need to find those materials on your own.

The company also doesn’t publicly display its interest rates, so the only way to find out how much you’d pay is to start filling out an application.

Movement Mortgage has a mixed reputation when it comes to customer service. Some customers are unsatisfied with the help they’ve received, which may be enough to give potential borrowers pause.

Movement Mortgage’s backstory

Movement Mortgage was founded in 2008 by Casey Crawford, a former NFL football player. Since 2008, the company has grown to employ almost 4,000 people across 650 locations in almost every state.

The Verdict

If you’re looking for a home loan, Movement Mortgage likely has a product that will meet your needs. However, you won’t be able to see your rates until you start your application, so you should consider it as one option while shopping around rather than as your first and only option for a loan.

Contact

Other Services by Movement Mortgage

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Intended Use Primary Home
Joint Loan Applications Accepted
  • Individual Applications
Property Type
  • Single Family Home
  • Townhome
  • Multi-Family Home
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Income
  • Proof of Identity
  • Proof of Insurance
  • Government Issued Photo ID
  • U.S. Tax Identification Number
  • Recent Bank Statements
  • Social Security Number
Primary Residence
APR Starting at 4%
Loan Amount Up to $2,000,000
Loan Term Up to 30 years
Interest Rate Types Offered
  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)
Mortgage Programs
  • FHA
  • FHA 203k
  • USDA
  • VA

Movement Mortgage Home Loans Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +95, equating to 4.9 on a 5 point rating scale.

+95

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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