HomePlus Mortgage Review 2022
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At a glance

4.0
Bankrate Score
Loans offered
Conventional, FHA, VA, fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing; no-doc loansNationwide availability
Available in Arizona, California, Colorado, Florida, Idaho, Montana, Oregon, Tennessee, Texas and WashingtonMin. credit score required
Minimum credit score requirements not availablePros and cons
Pros
- Fast closings
- Offers loans that do not require income verification or debt-to-income ratios
- Excellent BBB rating
Cons
- No mortgage rates online
- Only available in some states
HomePlus Mortgage overview
HomePlus Mortgage is a mortgage broker headquartered in San Diego, California, with branches in California and Texas. The broker, founded in 1999, offers online preapprovals and closings as quick as 21 days. In addition to standard loan options, you can find programs through this broker that do not require verifying your income or examining your debt-to-income (DTI) ratio.
Good for
Borrowers interested in no-closing-cost loans or a quick closing
Loan types
- Conventional
- FHA
- VA
- Fixed-rate
- Adjustable-rate
- Rate-and-term and cash-out refinancing
- No-doc loans
Lender fees
While HomePlus Mortgage doesn’t explicitly list its fee structure online, its website does indicate that it offers zero-origination fee loans. Typically, brokers do not charge borrowers fees, but the lenders they work with do.
Rates
HomePlus Mortgage doesn’t publicly advertise mortgage rates. For a rate quote, you’ll need to complete a form with your information online.
Online services
HomePlus Mortgage offers an online preapproval and application. After you apply, a loan officer will be in touch within 24 hours, and a paper copy of your application will be mailed to you within three business days. However, the broker does not offer e-closings; all final loan documents must be signed in person in front of a notary.
Minimum borrower requirements
HomePlus Mortgage adheres to the conforming loan requirements for mortgages approved by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, as well as those backed by the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). For conventional loans, the broker offers flexibility to apply without verifying your income or meeting debt-to-income ratios, and you can put down as little as 5 percent.
Refinancing with HomePlus Mortgage
You can refinance your current mortgage with HomePlus Mortgage. You’ll need to complete a form for a rate quote and an estimate of costs.
Not sure if HomePlus Mortgage is right for you? Consider these alternatives
- First Midwest Bank mortgage review: Wider availability and closing cost assistance options
- CFBank mortgage review: No underwriting or origination fees and loan options with no closing costs
- First Mortgage Direct review: No lender fees and the option to pay points for a lower rate (which is also an option through HomePlus).
- Chase Home Lending review: One of the big bank lenders with thousands of locations and relationship pricing for eligible borrowers
- Valley National Bank mortgage review: An assortment of loan choices and flat-fee refinancing
Breakdown of HomePlus Mortgage overall review score
- Affordability: 3/5
- Availability: 4.3/5
- Borrower experience: 4.7/5
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.
HomePlus Mortgage consumer reviews
4.9
337 reviews
Customer service rating
99% of reviews would recommend this lender
10 of 10 rates honored
Review this lender
Write a review of your experience with HomePlus Mortgage.
10 of 40 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.
fantastic lender
craig | corona,california | 5/22/2021
Hal and Fran were amazing! They got my loan approved when other couldn't. I had a jumbo refi with self employment and IHSS income. They worked to find a loan that would accept that income. The worked with the underwriters to present the income in several ways until they found one the underwriters wo...
Stellar refi experience @HomePlus with Joe Vitiello
Communication and attention to detail was 100% | San Francisco, CA | 5/28/2021
Joe Vitiello @ HomePlus Mortgage did and outstanding job on our recent refinance. We hit a few hurdles along the way and Joe went above and beyond each time to get the job done. Joe's work ethic is truly exceptional. He kept us notified of any and all updates as soon as they happened, he remained pu...
Returning customer!
Great experience! | Colorado | 6/2/2021
I am a returning customer of Charlie and Legnaly. Both experiences I have had working with them have been exceptional. My first refinance was my first ever. Not knowing much about the process I was apprehensive but they made it quick and easy. Charlie took the time to explain the process to me, work...
Can't get any better when refinancing your home!
Best Mortgage Company in California! | 91423 | 6/4/2021
I've worked with Christine at Homeplus Corporation for many many refinances over the last 15 years. She is completely honest, helpful, reliable, informative, responsive, and professional. Can't get any better than that, and I'd recommend her all day long. You will never be disappointed -- that's why...
Highly recommend this company.
Loan officer effectively worked with my self employment status. | Sacramento | 6/9/2021
My loan officer, Chuck Crowder, was knowledgeable, communicated well, and was always up to speed on my loan, as we’re the loan processors. The loan closed timely as promised with no surprises.
Great Service!
Excellent Service | San Diego, CA | 6/10/2021
When I was shopping for mortgages, my conversation with Zach Adams was the key element that made me decide to go with HomePlus. Not only he explained everything very clearly, he also advised that best options to obtain best rates. His responsiveness was also very appreciated, I always had responses ...
Yet another great refi experience with James Rotta of Homeplus Mortgage!
S Lim | Belmont, CA | 6/21/2021
We recently completed our 5th refinance through James! That itself tells you a lot about the person we work with. As always, James is professional, knowledgeable, dependable, and someone we can count on to get us the best deal. We completed all paper works in 2 weeks from rate lock to escrow closure...
Excellent service
Knowledge chuck carried | Richmond ca | 6/24/2021
I can’t say enough about Chuck Crowder. He is a fantastic loan officer I’ve done business with him at least eight times I am very pleased with his work and his knowledge.
Trusted Advisors
Happy Customer | SF Bayarea | 6/29/2021
Chuck makes refinancing possible and profitable. The team is always available and on top of things. Our experiences have always been mentally relaxing and financially enriching.
Christine Bothe
Tammy Edmonds | Pasadena, CA | 7/2/2021
Christine was incredible in helping me navigate the refinancing of my house. She takes her time to explain things and is thorough with every aspect. Her expertise and knowledge of the market/trends helped us reach the maximum goal. Thank you Christine!!!