Churchill Mortgage Review 2022
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At a glance
Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term refinancing; no-score loans
Available in all U.S. states except New York
Min. credit score required
620 for conventional loans; 580 for FHA loans
Pros and cons
- Offers no-score loans that consider your payment history (such as childcare, rent or utilities) instead of credit
- Mobile app allows you to submit docs and complete an application
- Rate Watch tool alerts you when ideal rate becomes available
- “Homebuyer Edge” package combines benefits of Certified Home Buyer and Rate Relief programs with $5,000 seller guarantee
- Offers limited information about interest rates and costs online
- No home equity lines of credit (HELOCs) or home equity loans
Churchill Mortgage overview
Churchill Mortgage is good for
Borrowers with limited credit histories, and for those seeking a smooth online process
Breakdown of Churchill Mortgage overall score
Affordability: You’ll need to touch base with a loan officer to learn what rates you might qualify for, but the lender’s Rate Watch tool can alert you when your target rate becomes available.
Availability: Churchill Mortgage does business in most states. It has a diverse set of loan offerings, including for borrowers with limited credit histories.
Borrower experience: You can initiate a request for a rate quote and apply for a mortgage via the Churchill website or app.
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.
Churchill Mortgage doesn’t publicly advertise rates on its website; you’ll need to connect with a loan officer for a custom quote. The lender’s closing costs typically range from 2 percent to 5 percent of the loan amount.
Churchill Mortgage is available to borrowers in all states except New York. Its product lineup includes conventional FHA, VA and USDA loans. The lender also uniquely offers “no-score” loans, designed for borrowers with limited credit histories.
Borrower experience: 4.3/5
In business for 30 years, Churchill Mortgage is an A+-accredited company with the Better Business Bureau. The lender also has 4.9 out of five stars on Trustpilot, which is considered “Excellent.”
You can start the purchase loan or refinance process with Churchill Mortgage on the lender’s website. From there, you’ll indicate the state where the home is located and provide some personal information so you can speak with a loan officer to review your options.
Churchill Mortgage also has an easy-to-use app that allows you to apply for a loan in 10 minutes. Through the app, you can scan documents, and once your loan application is processed and underwritten, you can verify details and track its status. You can also communicate with your home loan team and receive notifications with the latest information about your loan. The lender can close within 14 days.
The lender offers additional online resources, as well, such as free guides and mortgage calculators.
If you have questions or want to contact a loan officer, you can call 888-562-6200.
Refinancing with Churchill Mortgage
If you want to refinance with Churchill Mortgage, you’ll need to connect with a loan officer to learn the lender’s current refi rates and fees. The closing costs for a refinance include credit report, appraisal and any escrow and title fees, as well as any discount points, but there is the option to finance these costs with your loan instead of paying for them upfront. The lender also offers a free “Homeownership Strategy Meeting” to help you weigh your refinance options.