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
340 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 28 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.
Love the enthusiasm!
Kyra | San Diego, CA | 8/15/2021
We worked with Tad Anderson at HomePlus Mortgage on closing our recent refinance and were very happy with his efforts and how the overall transaction was handled. Tad was respectful, attentive to detail, accessible and experienced. Best of all, he had an unflagging enthusiasm about getting this tra...
Hassle free Hal W. THANK YOU!!!
Jacqueline | E. Whittier | 8/20/2021
Just closed our loan with Home Plus Mortgage. Our loan officer Hal Weinshank was very knowledgeable, extremely helpful, and very patient throughout the whole process. Our loan situation was out of the ordinary and he really made it feel effortless. He made sure to return our calls promptly if he did...
Quick, competent, great rate
Quick, competent, responsive | Berkeley, CA | 8/26/2021
In August 2021, I worked with Emily Van Slyke at HomePlus to refi my mortgage. HomePlus offered an excellent rate that wound up reducing my monthly P&I payment by >20%, and communication throughout the process was prompt, competent, clear, and (perhaps most importantly) flexible in terms of email vs...
Excellent service
Excellent | 94611 | 9/17/2021
I was trying to get a VA loan which was so complicated but Hal Weinshank and his assistant Fran were absolutely wonderful. They stuck to it and helped us every step of the way, always responsive. We strongly recommend working with them.
Outstanding performance and execution
HomePlus Plus | Bay Area | 10/7/2021
Joe made miracles happen. His professionalism, diligence, and wisdom blew expectations out of the water. 11/10 recommend!
Simple and Fast refinancing
Simple and Fast | Whittier, Ca | 10/12/2021
This is my fourth time financing with HomePlus and Emily has helped me with each one. The folks at HomePlus have always been fair and transparent with the process. I really appreciate the fact that the process has always been simple and straight forward. I really appreciated Sofia’s help with keep...
Greatest Home Buying Experience Ever
Greatest Home Buying Experience Ever | Lakeside, CA | 10/13/2021
I can't speak highly enough of my experience with Tad Anderson, and HomePlus Mortgage (NMLS 78669). My 24 year old son, a first-time homebuyer with limited knowledge/experience in real estate, was referred to Tad from a work colleague after using Tad recently purchasing his first home and having a...
Highly Recommend
BH805 | California | 10/19/2021
Loved working with Chris Ross. He guided me through the entire process, was responsive, and made sure things went smoothly. I highly recommend his services!
Second Time as Good as the First
James B | Mesa AZ | 10/23/2021
This is the second time I've worked with Hal Weinshank and the result was the same as the first time - outstanding! This instance was even more challenging because we refinanced two loans at the same time but Hal was up to the task. He was proactive, responsive and his communication was top-notch, a...
great service
David | 94568 | 10/25/2021
I worked with Chuck on my mortgage refinance. I am really impressed and pleased with the exceptional service. Chuck did all he can to price the loan aggressively so I can achieve the optimal result. Everything is transparent and fast from the beginning. His response to my question is amazingly fast ...