Garden State Home Loans Mortgage Review 2021

Written by
David McMillin
Edited By

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

Visit Garden State Home Loans website

4.0

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Bankrate Score

Find your mortgage match

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

Find my best matches
Mortgage percent icon

Loans offered

Conventional, jumbo, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing; home equity loan; construction and renovation loans
Location Icon

Nationwide availability

Available in Connecticut, Delaware, Florida, Maryland, Michigan, New York, New Jersey and Pennsylvania
Credit good icon

Min. credit score required

640 for conventional loans

Pros and cons

Pros

  • Convenient online chat feature to connect with loan officers
  • Closings typically take 30 days
  • A+ Better Business Bureau rating

Cons

  • Only available in eight states
  • Doesn’t display rates or fees online

Garden State Home Loans overview

Headquartered in Cherry Hill, New Jersey, Garden State Home Loans has funded more than $4 billion in loans for more than 20,000 borrowers since its founding in 2011. The lender offers preapprovals online, and closings typically happen within 30 days.

Good for

Borrowers in select states who want a fairly quick closing process and loan officers who can respond seven days a week

Loan types

  • Conventional
  • Jumbo
  • FHA
  • VA
  • USDA
  • Fixed-rate
  • Adjustable-rate
  • Rate-and-term and cash-out refinancing
  • Home equity loan
  • Construction and renovation loans

Lender fees

Garden State Home Loans does not provide lender fee information on its website, but does claim to have “very minimal fees and low overhead.” Fees can vary by loan type, but are typically 1 percent to 2 percent of the purchase price.

Rates

You won’t find mortgage rates publicly listed on the Garden State Home Loans website. Instead, you need to complete a request form. The lender does indicate that rates for condos are approximately 0.125 percent to 0.250 percent higher than rates for single-family homes.

Reputation 

Garden State Home Loans is accredited by the Better Business Bureau. It has an A+ rating and all five-star reviews from six customers (as of August 2021). 

Online services 

The Garden State Home Loans website offers an online application process, and you’ll be able to track the progress of your loan using the company’s online portal. There is a suite of calculators available, too.

Minimum borrower requirements

You’ll need a minimum credit score of 640 for most of Garden State Home Loans’ loan offerings, but there are a few exceptions that will accommodate a score as low as 580. In the midst of the pandemic, the lender says that there are additional requirements for anyone with a credit score below 700, namely having more verifiable assets in a checking or savings account.

Refinancing with Garden State Home Loans 

Garden State Home Loans offers rate-and-term and cash-out refinancing. The refinance rates and fees are not available online. 

Not sure if Garden State Home Loans is right for you? Consider these alternatives

Breakdown of Garden State Home Loans overall review score

  • Affordability: 13/15
  • Availability: 12/15
  • Borrower experience: 10/10

Review methodology

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.

Find your mortgage match

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

Garden State Home Loans consumer reviews

5.0

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

329 reviews

5 stars
4 stars
3 stars
2 stars
1 stars
324
3
0
0
2

Customer service rating

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0

99% of reviews would recommend this lender

10 of 10 rates honored

Review this lender

Write a review of your experience with Garden State Home Loans.

10 of 26 reviews

The consumer 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.

To help serve you with relevant information the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Great experience with Garden State Home Loans

Dave | Haddon Heights, NJ | 10/12/2020

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Incredible Lending Expereince w/ Jake

Kate H. | Philadelphia | 2/4/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Great Experience, Best Rate and Quickest Closing!

Ashwin Patel | North Bergen, NJ | 2/18/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Very Easy and a great rate!!!

Great company, easy loan | CT | 2/24/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Quick, Professional, Helpful

Satisfied New Customer | Central NJ | 2/24/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Nice experience and quick turnaround times

VJ | Coatesville,PA | 2/24/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

deserves more than 5 stars!

Easy, professional, best rates | North Jersey | 3/24/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

The fastest cash-out refinance I have ever done

AKP | 08550 | 4/19/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Could not have gone any quicker or smoother

Very Satisfied | CT | 4/24/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Outstanding service

Tom Greendyk | Lansdowne, PA | 4/24/2021

Written by
David McMillin
Contributing writer
David McMillin writes about credit cards, mortgages, banking, taxes and travel. David's goal is to help readers figure out how to save more and stress less.
Edited by
Mortgage editor