Skip to Main Content

Caliber Home Loans Review 2023

Bankrate logo

The Bankrate promise

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .

At a glance

Caliber Home Loans


Rating: 3.9 stars out of 5
  • Star
  • Star
  • Star
  • Star
  • Star
  • Star
  • Star
  • Star
  • Star
  • Star

Bankrate Score

Mortgage Percent

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

Credit Good

Min. credit score required

620 for conventional loans; 700 for jumbo loans; 580 for FHA loans; 620 for VA loans

Pros and cons

Checkmark Pros

  • 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

Close X Cons

  • Current mortgage rates not listed online

Caliber Home Loans overview

Texas-based Caliber Home Loans, Inc. is a mortgage originator and servicer that offers a large variety of conventional, government-backed, specialty home loans and refinancing, with branches across the country. The lender was founded in 2008 when Caliber Funding and Vericrest Financial merged.

Caliber Home Loans is good for

Borrowers looking for a large national lender that offers a wide variety of loan products

Breakdown of Caliber Home Loans overall score 

  • 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.


To determine a mortgage lender’s Bankrate Score, Bankrate’s editorial team rates lenders on a scale of one to five stars based on a variety of factors relating to the lender’s products and services. Bankrate’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.

Affordability: 3/5

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.

Availability: 4/5

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.

Borrower experience: 4.7/5

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.

Refinancing with Caliber Home Loans 

You can refinance a mortgage with Caliber, but the lender doesn’t advertise the rates or fees associated with a refinance online. 

Alternatives to Caliber Home Loans

Written by

Ruben Caginalp

Associate writer

Ruben Çağınalp is an associate writer for Bankrate, focusing on mortgage topics.

Edited by

Suzanne De Vita

Arrow Right

Mortgage editor