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Caliber Home Loans
Caliber Home Loans is good for borrowers looking for a large national lender that offers a wide variety of loan products.
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Loans offered
Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term, cash-out and streamline refinancing; home equity line of credit (HELOC), home equity loan; construction and renovation loans; flex-term; investment property
Min. credit score required
620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 620 for VA loans
Nationwide availability
Available in all U.S. states
Min. down payment
3% for conventional loans, 3.5% for FHA loans, none for VA loans
Caliber Home Loans
3.9
Bankrate Score
Loans offered
Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term, cash-out and streamline refinancing; home equity line of credit (HELOC), home equity loan; construction and renovation loans; flex-term; investment property
Nationwide Availability
Available in all U.S. states
Min. credit score required
620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 620 for VA loans
Can close loans in as few as 10 days
First-time homebuyer program with a low down payment requirement (as little as 3 percent down)
Offers loan modification programs for eligible borrowers
Services loans after closing
Current mortgage rates not listed online
Caliber Home Loans is good for borrowers looking for a large national lender that offers a wide variety of loan products.
Affordability: You won’t find the latest mortgage rates from Caliber Home Loans on the lender’s website; you’ll need to request a quote in order to compare offers.
Availability: Caliber Home Loans is a national lender with a big lineup of mortgage products for various needs, including construction loans and investment property financing.
Borrower experience: The lender ranked above-average in J.D. Power’s report on mortgage origination customer satisfaction, and it offers many ways to get in touch with a loan officer should you have questions.
Caliber Home Loans doesn’t advertise mortgage rates on its website, but you can get a quote after submitting some basic personal information through an online form. The lender’s fees include an origination fee and other closing costs, which can include title services, recording, appraisal and credit report fees.
Caliber Home Loans offers the full suite of home loan products, including conventional, jumbo, FHA, VA and USDA mortgages. The lender also offers rate-and-term, cash-out and streamline refinancing, as well as home equity solutions. It works with borrowers across the U.S.
Caliber Home Loans is accredited with the Better Business Bureau and has A+ rating from the organization. J.D. Power rated the lender above-average for mortgage origination customer satisfaction in 2022.
When you’re ready to get a mortgage with Caliber, the lender accepts loan applications online and offers both prequalification and preapprovals. You can reach customer service by email, text, over the phone and at branch locations.
Caliber’s website features educational tools to help you better understand the mortgage process, and with its app, you can check your application status, upload documents, connect with representatives, manage your payments, view escrow, request changes to your private mortgage insurance (PMI) status and update your user profile.
You can refinance a mortgage with Caliber, but the lender doesn’t advertise the rates or fees associated with a refinance online.