in Home Purchase Mortgages from State Farm
Strongly not recommended
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Where does State Farm do business?
State Farm is based in Bloomington, IL. The company was founded in 1922 and offers mortgages to borrowers in 50 states (and Washington, DC).
How much can you borrow via State Farm?
State Farm allows borrowers to apply for loan amounts of up to $424,100. 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 State Farm offer?
State Farm offers home loans with APRs starting at 3.487% .
Does State Farm charge a mortgage origination fee?
Yes, State Farm may charge a loan origination fee.
What mortgage programs does State Farm offer?
State Farm offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- HARP: A mortgage refinance program for home loans owned or backed by Fannie Mae or Freddie Mac. No minimum credit score or value appraisal required.
What property usage types does State Farm allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. State Farm allows the following property usage types:
- Primary home
One State Farm Plaza
Bloomington, IL 61701 USA
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Other Services by State Farm
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia