eClick Lending Mortgage Review 2020

By Ellen Chang

About our reviews

Bankrate’s editorial team researches, reviews and rates lenders to help you find one that fits your needs. Our experts consider a range of factors, including rates, loan types, time to close, fees and more. Reviews are updated regularly. Bankrate is an independent, advertising-supported comparison service. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy.

eClick Lending

Bankrate Score

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3.5

User reviews
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( 345 )

5.0

Please note: In response to the coronavirus pandemic, lenders are changing their requirements continuously. Although we strive for accuracy at the time of publication, please be sure to check with the lender for updated details on down payments, credit scores, etc.

eClick Lending is an online-only mortgage lender headquartered in Oakbrook Terrace, Illinois, and lends $500 million per year. It is a division of Midwest Equity Mortgage, which has four locations in California; Oakbrook Terrace, Illinois; and Missouri. The lender offers conventional and refinancing loans.

Nationwide availability

Available in 23 states (Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Mississippi, Missouri, New Jersey, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington and Wisconsin) and the District of Columbia

Minimum credit score

620 for conventional loans

Loan types

Conventional, fixed, adjustable; refinancing options include cash-out refinancing

Pros

  • Offers preapproval
  • Has high user review scores
  • Offers closing in as fast as two weeks

Cons

  • Doesn’t offer government-insured loans like FHA, VA or USDA loans
  • Doesn’t offer immediate online preapproval; you have to speak to a loan advisor first

Find your mortgage match

Get paired with your best mortgage offers in 2 minutes or less.

eClick Lending overview

Loan types

  • Conventional
  • Fixed
  • Adjustable
  • Refinancing including cash-out refinancing

Lender fees

eClick Lending does not provide lender fees on its website.

Minimum borrower requirements

eClick Lending follows Fannie Mae’s underwriting guidelines, which means borrowers need a minimum credit score of 620 and can put down as little as 3 percent.

Borrowers also can have a maximum debt-to-income ratio, or DTI, of 50 percent with a Fannie Mae HomeReady Mortgage. That means the sum of your monthly debts (including the new mortgage payment) cannot exceed 50 percent of your gross monthly income.

Get started with eClick Lending

Borrowers can apply online or by phone.

Hours

Monday - Friday: 7 a.m. - 8 p.m. PST Saturday: 9 a.m. - 3 p.m. PST Sunday: Closed Contact: 855-840-1736

eClick Lending consumer rating and reviews

5.0 reviews
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100% recommended

As a division of a nationally recognized direct mortgage lender, we serve the seasoned borrower who is seeking an outstanding online mortgage experience. No Hassles, No Costs, and No Surprises.

  • POINT, CLICK, SAVE
  • EXPERIENCE THE STREAMLINED eCLICK

Customer Service Rating

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
0 out of 0 rates honored
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(345 reviews)
5 Star
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1 Star
337
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The reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews.

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Showing 10 of 11 Reviews
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Ryan
95758

8/21/2019

Garrett was excellent!

I received excellent help in my refinance. Things went smooth and Garrett was highly professional. I was surprised how fast things went in getting my loan funded.

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Kym W
Lake in the Hills, IL

9/25/2019

Easiest and smoothest refinance ever!

This was a painless, and super easy refinance. Any questions were answered quickly and thoroughly, the process was FAST! Our last refinance took months through a big bank, and they messed it up twice! We applied and closed in less than a month for this one. We did it all from our home, and they sent...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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James
Ukiah

10/1/2019

Refi with Mike Angus

I would definitely recommend Mike to anyone looking to refinance their home. He made the process quick and painless and was able to beat everyone else's rates. Mike was honest and up front about the costs and was more than willing to answer any questions that arose. I have no doubt I will be using M...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Larry K.
Port Townsend Washington

10/5/2019

2nd time around!

I received a VA mortgage through Midwest Equity(eclick lending) in 2016 at 3.5% so when I decided to refinance I contacted Ty Fiegel. He locked in my refi at 3.5% with a $2500 closing cost estimate. We closed several weeks later at 3.375% with closing costs of less than $1000. I like it when what I ...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Wendy
Chicago

10/6/2019

Happy homebuyers

John Hickey was informative and always made himself available to us when we had questions. Very happy first time homebuyers.

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Amanda V.
San Diego, CA

10/8/2019

Easy and Simple

They really made it easy for us to refinance our home and walked us through every step. Even though their hours were different than us, they were available when we needed them in the afternoons and evening. Thank you!

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Ben Ezeokoli
Oakland

10/14/2019

Mike kept is words

This was the simplest refinanced I ever made.

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Chivas
Orlando

10/27/2019

Fast and professional

I have used eclick lending twice and been 100% impressed both times. Fast response time and very professional. Would use again. A

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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John and Neta Platt
Dana Point, Ca.

10/31/2019

Quick and painless!!

Jimmy Webber at Midwest Equity was wonderful. He knew I was dealing with a future surgery and did his best to get it done before then and just made our side so easy for us. We would highly recommend using him to anyone in the future. Even though he was in Chicago and us in Ca. he answered his pho...

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes
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Margaret
Oaklawn, IL

11/10/2019

Great experience!

Tim McGinty was great! With being first time home buyers, Tim was very patient and answered all of our questions. He was very knowledgeable and kept us updated. He made the whole process go very smoothly. Would definitely reccomend Tim McGinty!

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0
Rates honored:
Yes
Would recommend:
Yes
Mortgage closed:
Yes
Closed on time:
Yes