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Meridian Home Mortgage Corporation 410 Meadow Creek Drive Suite 213. First Meridian uses a completely digital application process through a system called Blink. You can apply for pre-qualification and preapproval and complete your loan application from start to finish through the Blink software.
Brenda went to work and got our closing on track super quick, and I know for a fact that it wasn’t easy-because I tried to do it myself. They are with you every step of the way, always available for questions or problems you may have. I won’t use anyone else if I need this type of service again.
Kevin was very professional and patient…
Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. We are not affiliated with any government agency. Instead, our people-first approach to lending keeps us focused on the families we treat like our own. And, we frequently ask customers how we're doing in this pursuit.
That means it’s hard to say why you should choose Meridian Home Mortgage over all the other banks out there. Meridian’s loan process is clearly spelled out on its website. Below is a recap of the five steps to apply for a loan with the company.
Refinancing my house during the mortgage corp
Disorganized and fly by the seat of your pants management. This company is shady and participates in practices I have later learned to be illegal. They put all the pressure on a few individuals who actually know what they are doing because ownership is clueless.
Meridian Corporation Reports Net Income of 57 Million or. Meridian Home Mortgage Corporation Better Business. LENDERS APPROVED TO MAKE LOANS IN ALL STATES. 99m small one-time 199 review & setup fee charged once your letters are. I don't have a loan officer Purchase Refinance Select a State.
Meridian Home Mortgage Photos
It provides a snapshot of your credit and lending history, giving the lender an idea of how much risk you would be as a borrower. In general, Meridian has a FICO score minimum of 560. That’s pretty generous given that many lenders start at 620 or higher. That said, your credit score isn’t the only consideration for qualification. You won’t get the best rates or terms with a credit score that low. Ideal rates and terms are offered when you’re in the 740 or higher range.
The only con is the title company they work with. During prior experiences, title companies mail payments to debtors directly. This title company sent the physical checks to me, I feel this defeat the whole requirement of “you have to pay-off certain accounts” to make the debt/income ratio acceptable. Furthermore, the title company did not even confirm owed balances and end up paying more than what I owed. Down payment savings is the next consideration. If you’re applying for a conventional loan, 20% is the ideal amount.
From day 1, the various Meridian team were courteous, informative and patient. The complete process from beginning to end went very quickly and we are appreciative to all the team members that we worked with from initial contact to process completion. This review is based on my own experience and is my genuine opinion.
David Committee was super helpful and knowledgeable; I spoke to different agents in other companies and felt it was not time for a refi, until David C explained all the pros and cons . David and McKayla Harris, who assisted with documentation, privided great support throughout the whole process. Since everything was over the phone and the web portal I was nervous; they are trustworthy, I recommend this company based on my positive experience.
Light on substance, heavy on well-crafted design, Meridian’s website delivers the least amount of information in the most clear way. You can find contact information, reviews and loan options, but you won’t find many specific details. For example, under the “our loan programs” heading, loan types are listed, such as conventional loan, VA loan and FHA loan, but there’s no further information. Even though the loan types are in boxes, the tiles are unclickable. You get the name but not the description or any information about requirements, such as credit score or income. First Meridian Mortgage is an online broker that offers conventional and government-backed purchase loans, as well as refinance and HELOC options.
Sales staff is always at odds with production staff and submit shoddy applications. No room for growth as ownership employs their entire family who get a leg up on everyone else regardless of experience or productivity. No bonuses for production but sales is treated totally different. Inequality and favoritism exude from this place. Very helpful and understanding that I haven’t renewed a mortgage before. Emma was very swift to act when time was against me and kept me well informed of what was happening.
Personal Personal Banking Personal Checking Savings & Money Market Certificates of Deposit Personal Loans Home Mortgages Services & Resources. Best Mortgage Refinance Companies of 2021 Investopedia. First check out the loan company on your local BBB website Then do a quick online search and look up customer reviews Finally check with. UMB Bank Personal Banking Personal Loans Checking. PersonsMeridian Home Mortgage Corp a Maryland lender recently posted a.
There are no interactive tools or widgets and you can’t find any rate offers. Home equity lines of credit offer some benefits over a traditional cash-out refinance. HELOCs are a second loan taken out on your home that act more like a credit card because they allow you to have a revolving line of credit.
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