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Last Updated: 04/18/2025

Caliber Home Loans Mortgage Refinance

from Caliber Home Loans

Last Updated: 04/18/2025
Caliber Home Loans Mortgage Refinance logo
Rating not yet determined4 total votes
3 users recommend
1 users are unsure

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Highlights

Credit Score Range

N/A


Amount Range

Up to $2,500,000

Loan Term (Years)

10 - 30

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Caliber Home Loans Mortgage Refinance Review

Caliber Home Loans Mortgage Refinance is offered by Caliber Home Loans (NMLS #15622), a direct lender founded in 1963 and based in Coppell, TX. Caliber mortgage are available in 50 states and Washington, DC.

Key Takeaways

  • Wide selection of mortgage programs offered. Caliber Home Loans Mortgage Refinance refinances FHA, FHA 203k, USDA, 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.
  • Non-standard interest rates available. Caliber Home Loans Mortgage Refinance only offers hybrid mortgages.
  • Considers personal use and investment properties. Refinancing available for primary residences, secondary homes (e.g. vacation properties), and even investment homes such as rentals.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Caliber Home Loans Mortgage Refinance Pros & Cons

Caliber Home Loans Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via Caliber mortgage?

The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Caliber Home Loans Mortgage Refinance offers mortgage refinancing with terms ranging from 10 to 30 years.

How long does Caliber mortgage take to refinance?

Caliber mortgage does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.

Does Caliber mortgage charge a mortgage origination fee?

Yes, Caliber Home Loans Mortgage Refinance will charge a loan origination fee .

What mortgage programs does Caliber mortgage offer?

Caliber Home Loans Mortgage Refinance offers the following mortgage types:
  • 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%.
  • FHA 203k: An FHA mortgage you can also use to finance home improvements.
  • USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
  • 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 property usage types does Caliber mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Caliber Home Loans Mortgage Refinance allows the following property usage types:
  • Primary home
  • Secondary homes and vacation properties

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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

1525 South Belt Line Road
Coppell, TX 75019
(800) 401-6587
Visit Site

Other Services by Caliber Home Loans

Home Mortgage Loans

Rating not yet determined (2 Reviews)

SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

+75

-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.

Caliber Home Loans Mortgage Refinance Community Reviews

Would you recommend Caliber Home Loans Mortgage Refinance to your friends?

SW

Shernette W.

Dec 7, 2022

May or may not recommend

Definitely would recommend Caliber Home Loan. I got my mortgage with Caliber during Covid. Trying times but Caliber went through the process even with all the limitations Covid caused. Mortgage rate is very reasonable and the Customer Service is great.

MC

Mazhar C.

Nov 25, 2022

May or may not recommend

They have good communication and good deals less than other mortgage

RF

Robelys F.

May 22, 2022

May or may not recommend

They have good communication and good deals less than other mortgage

PW

Pamela W.

Aug 29, 2020

May or may not recommend

We already had our mortgage with Caliber. The costs were far less, because we had a streamline mortgage. However, there were issues with communication between Caliber and the title agent. There seemed to be a breakdown of communication. Additionally, I had to address inconsistencies input closing documents and our closing was delayed. I was happy with the cost, but unhappy with the how smooth ...Show More

Showing 4 of 4 reviews

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