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Last Updated: 04/18/2025

HomePlus Mortgage

in Mortgage Brokers from HomePlus Corporation

Last Updated: 04/18/2025

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Interest Rate Types Offered

  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)

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HomePlus Mortgage Review

HomePlus Mortgage services are offered by HomePlus Corporation (NMLS #78669), a licensed broker founded in 1999 and based in San Diego, CA. HomePlus Mortgage services available in 10 states.

HomePlus Mortgage FAQ

How does HomePlus Mortgage get paid?

Mortgage brokers get paid either by lenders or by borrowers. However, they cannot receive compensation from both parties.

What fees does HomePlus Mortgage charge?

Although cost should not be the only factor when choosing mortgage brokers, it is smart to compare the rates, fees, and services mortgage brokers offer before making a decision.

Does HomePlus Mortgage charge broker administration fees?

No, HomePlus Mortgage does not charge a broker administration fee.

Does HomePlus Mortgage charge broker loan origination fees?

No, HomePlus Mortgage does not charge a broker loan origination fees.

Does HomePlus Mortgage charge broker upfront fees?

No, HomePlus Mortgage does not charge broker upfront fees.

Does HomePlus Mortgage charge a yield-spread premium?

No, HomePlus Mortgage does not receive a yield spread premium from borrowers. Brokers that are paid a yield-spread premium from lenders have an incentive to steer borrowers to lenders thatt offer higher yield-spread premiums even if they qualify for a lower interest with another lender. This is not always bad for borrowers as it can lower the upfront costs of a mortgage. For instance, borrowers who only plan to hold a mortgage for a few years may find this option cheaper.

What mortgage programs does HomePlus Mortgage offer?

HomePlus Mortgage offers the following mortgage programs:
  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • VA: 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.

What types of mortgage does HomePlus Mortgage broker?

HomePlus Mortgage works with the following types of mortgages:

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Contact

Headquarters

2878 Camino Del Rio South Suite 402
San Diego, CA 92108
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Hours of Operation

Sunday
Closed
Monday
7:00AM - 8:00PM
Tuesday
7:00AM - 8:00PM
Wednesday
7:00AM - 8:00PM
Thursday
7:00AM - 8:00PM
Friday
7:00AM - 8:00PM
Saturday
10:00AM - 3:00PM

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