Allied Mortgage Group Review 2023

Breakdown of Allied Mortgage Group overall score 

• Affordability: Allied Mortgage Group doesn’t charge its own fees. You’ll need to request a quote directly from the lender in order to compare offers.

• Availability: Allied Mortgage Group offers the full suite of home loan products, including those for self-employed borrowers.

• Borrower experience: This lender has an A+ rating from the Better Business Bureau and high marks from customers on Bankrate.

• Methodology

  Bankrate’s expert editorial team collects lender information through a variety of methods. We contact lenders directly, and we also turn to regulatory filings and to assessments by third parties. Our research takes into account three main factors – affordability, availability and borrower experience.

  Bankrate’s reporters and editors have decades of experience covering the mortgage industry. They’re skilled at gathering information through interviews and by scouring regulatory filings. Bankrate evaluates more than 85 lenders for factors relating to affordability, availability and customer experience, assigning each a Bankrate Score out of five stars. Here’s how we assess each of the categories:

  • Affordability. Loan cost is a deciding factor for many borrowers. We look at two metrics: 1) a lender’s lowest advertised annual percentage rate (APR) based on Bankrate’s sample scenario, which assumes a 740 or higher credit score and a 20 percent down payment, among other factors and 2) established-customer discounts or incentive pricing, when applicable.
  • Availability. Another factor is how quickly your loan application will be approved, and how many loan programs the lender offers. So we evaluate approval and closing timelines and diversity of loan products.
  • Customer experience. Finally, we delve into what it’s like to deal with the lender as a consumer. We look at the lender’s application process and availability of customer service support. We also consider the results of J.D. Power’s 2022 Mortgage Origination Satisfaction Survey.

  Bankrate’s editorial team confirms the accuracy of data at the time of publication. Our team is dedicated to maintaining the timeliness of information – the mortgage industry is changing constantly, so we regularly revisit these reviews to update them.

  Bankrate’s methodology page spells out our rating process in greater detail.

Affordability: 3/5

Allied Mortgage Group doesn’t charge any lender fees. The lender doesn’t showcase its current interest rates online. If you want a rate quote, you’ll have to fill out the lender’s online form and wait to be contacted for more information. 

Availability: 4/5

One of Allied Mortgage Group’s strengths: an array of mortgage programs for many different types of borrowers. The lender operates in more than half of U.S. states, but check whether it services your location before you request a quote.

Borrower experience: 4.6/5

Allied Mortgage Group has been in operation for more than 25 years and has an A+ rating from the Better Business Bureau.

You can start the application process with Allied Mortgage Group by filling out a simple form online describing the type of loan you’re looking for, though you’ll have to create an account on the site before you can access the form. The lender doesn’t specify whether you can complete the entire lending process online, but you can at least get things started. If you need help with your application or other aspects of navigating the lender’s website, there’s no option for online support; you’ll need to fill out a contact form and wait for a response, or call 877-448-2745.

Refinancing with Allied Mortgage Group

Allied Mortgage Group offers refinancing, and you can start the refinance process by visiting the lender’s website and selecting the refinance option. You’ll be asked to provide some basic information about your property. You won’t be able to view refinance rates or compare fees online, however, and there is no information publicly available regarding how long the process could take.

Alternatives to Allied Mortgage Group

• Citibank mortgage review – A large lender that could make sense for borrowers who are also already banking customers
• Real Genius mortgage review – Offers first-time homebuyer programs, an online application process and credits
• Cherry Creek Mortgage review – Offers a variety of different loan options and online educational resources